For China's TMT sector, the most representative of the past year changes in the company, if only selected 3, we think that these three should be: Poly United States, Mo Mo and the United States Regiment. Unfortunately, for a variety of reasons, we finally only interviewed the Wang of the United States Regiment.
The representative of the United States and Wang from: In the past few years, the United States Regiment from the fierce competition to kill the market, after thousands of groups or even thousands of group war, to achieve the market first. However, at this time, the market has also undergone a huge change, it stepped into the current hottest O2O market, however, the opponents also became Tencent, Baidu these giants.
And Wang himself, as one of China's most famous continuous entrepreneurs, from the social networking site, through the rice and the domestic, to the O2O of the United States, in the experience of the Internet ups and downs and witnessed the change, itself has been growing. He said, "There is a little improvement in management skills." ”
Chatting with Wang, sometimes or often, is a momentary silence-he always thinks for a while and then answers. He is a science student's thinking, divides the matter to have already solved and has not been solved. At the end of the interview, he said: "It's a bit boring to talk to other CEOs." In fact, I feel a benefit from looking back at his question and answer.
Q: What are some of the more critical changes that have taken place in 2014 for you and the United States?
A (a= CEO Wang): A lot of things happened. I find it interesting to ask this question. Does this question make a difference to me or the United States? This is difficult to describe.
On the one hand I feel that I am inseparable from the United States, because it is almost all of my life, not just a nine-to-five job, almost all of my life. But on the other hand, even so, it is still not exactly equivalent.
Q: What about the American regiment?
A: After the efforts of colleagues, we have experienced a rapid growth of the year, but not completely finished, there are ten days, in our industry more than 10 days can also happen a lot of things. On the whole, we basically went through the fast growth of the year, 180% growth.
Q: Similar to previous expectations?
A: Almost. In such a fast-growing, fast-changing, highly competitive market, I think it is quite difficult.
Our original business has a good growth, group purchase further expanded our leading position, accounting for almost 60% of the market share, the second public comment is in the early 20%. More than four years ago, when we first began to do the United States, we thought that the market in the long run 721 (the first accounted for market share of 70%, second 20%, others accounted for 10%) pattern, these years gradually in this direction close. Segment film Nationwide there are 1 tickets for every 5 movies sold through the United States, and we also offer movie seats. Takeout we entered a year ago, the growth is also very significant, now daily single measurement, we are the country's largest, more than 1 million single. And it seems obvious that the market is an incremental market, because you may not have this habit before. These are all very exciting things.
This year down, let me more believe that this judgment, the Internet on the service industry to transform the speed and the extent of the impact of the Internet on the original retail of the transformation of goods. For merchandise retailing is already very amazing things, if we look carefully, it is more or the last retail link, Taobao changed the lives of hundreds of millions of people, but also changed the fate of hundreds of, tens of millions of people, but it is the main change in the final retail link above. In the service industry is not the same, the United States to do things are the trend of the whole industry, others are also in this direction, such as E generation, a company completely transformed an industry. So the Times make heroes, we are more fortunate in this tide, the Internet and the service industry, and after the development of this year we believe more firmly in this judgment. The speed and depth of the Internet's transformation to the service industry will be more than the Internet's transformation to the retail sector, which can happen very quickly, especially after everyone uses smartphones.
Q: You have just mentioned that you have experienced some challenges.
A: The competition is very intense and highly intense.
Q: is the competition different from the competition in the Battle of the Thousand?
A: From several levels, one is facing a competitor, probably before 2011 years also very many, have hundred Regiment War, Thousand Regiment war even five thousand or six thousand Regiment war, but at that time many is relatively small team. If you participate in the Beijing Marathon, you are a professional player, you do not care whether the 10,000 or 100,000 people sign up, it will be the place you get or for the players who want to win the championship is no different. But now the opponents are not the same, we are the first, 60% market share, the second is a review of about 20%, it received Tencent at the beginning of a relatively large investment, 20%-25% bar, Tencent promised to it in micro-letter, QQ above a lot of combination. The third glutinous rice, it was 2013 years by Baidu Holdings, the beginning of 2014 is 100% acquisitions, is a wholly owned subsidiary of Baidu, Baidu is also put a lot of energy to do this thing. The level of opponents facing this is different.
On the other hand, the service industry is faster and more thorough than the Internet, so there are a lot of emerging models coming up and facing a different competitor.
Our business is growing fast and our team is expanding, and now we have 10,000 people, about half the time last year. The team suddenly changed so much that it certainly had more management work.
Q: How do these management work specifically?
A: I think there is no special nature of the difference, management of course is not easy to do things, but see a problem, I first think that this is not a new issue. Management is not a whole new problem. The world, the largest private enterprises should be Wal-Mart, 2 million people, IBM, Huawei, about 200,000 people, twenty thousand or thirty thousand or 40,000 enterprises have many, BAT, Jingdong has fifty thousand or sixty thousand people, they apparently resolved the problem. So I think it's a question of whether it's a whole new problem or something that someone else has already solved. Management is not easy, but I don't think it's a whole new issue, nor is it a place for us to make breakthrough progress.
Q: What questions would you be more concerned about?
A: I think when things get more and more, the CEO can only do things that can't be done for others, one is the strategic vision and the overall strategy, the second is the team, the third is to ensure that the company has enough money. There are only three things that no one else can do.
I will focus on some tasks, but not the first person in charge. I think it's not good for the CEO to jump in and do a new business directly.
Q: There are some negative rumors on the management team. Do you think the style of the American regiment has changed? Have you changed your mind?
A: I don't think my mindset has changed, and I don't think it has changed at all. However, as the company's team size becomes larger, the things that everyone undertakes will change, which I think is a common problem. After a company grows at a high speed, the ideal situation is that everyone will grow up with the growth of the business, and you can supplement people from the bottom. Our industry is characterized by rapid growth, not a percentage of the annual growth, are several times the growth, this time you want to keep up with the market or lead the growth of the market, if you harsh leader, then the growth rate of people is faster. So on the one hand we try to give everyone the opportunity to help people to grow as fast as possible, but on the other hand we have to introduce some people, also can not rely entirely on internal personnel to grow up, so this time there will be some friction, this is normal.
Q: Will these frictions affect you?
A: See what you think of the impact. I will explain this to him, like Ma Yun Early told him you are platoon commander, but need to have foreign people, but Ali in the process is also very painful. I think a company to mature, there will always be some painful process of metamorphosis, so see you from what level understand this matter. So nearly a year down, my admiration for Ma Yun has increased a lot, not because Ali listed at the end or high market value, but indeed there are more experience can imagine Ali early years they encounter what kind of difficulties. Ma Yun also handled better, this is very much admire the place.
Q: In the past year, what do you think are the obvious changes that have occurred to you?
A。 Still reading as much as possible, even if a book does not seem to have any direct relationship with our work, I think this is a spiritual level of personal growth, it has nothing to do with the company or the specific things we do. Maybe I am such a person, is such a person, whether I am the CEO of the United States Regiment or I do other things, there are some things will not change, I still have a lot of curiosity about things. Some things to me it's fun is to understand it itself, it may be no use to understand it, I do not care if it has no use, for example, I read books to see some with the business has no direct relationship.
Q: What are the main areas of the books you read? Can you read a novel?
A: I read some novels, but Non-fiction will be more. Business management has some, but there are a lot of stories, there are many books related to history, such as a book called "1491". There is a book not read, translated into the "August artillery fire." I think it is interesting to see history, many things are left over by history, such as why the Middle East is like this, 77881 of things. Although my vacation is very few, but I use the holiday as far as possible to see the different world.
Q: Do you mean travel?
A: Yes, I went to Russia in 11.
I think Russia is still a very peculiar people. It turned out that I was talking to a friend who had a concept I think it's good, called the Human Civilization Experience program--Suppose that one day you want to represent the Earth and extraterrestrial civilizations on Earth, do you understand the natural composition of the Earth over the past 1 billion years, and the essence of this tens of thousands of-year human history, Have you ever heard the best music, read the best literature, enjoyed the best works of art, and seen the most prosperous city that represents the cutting-edge of human civilization. It's purely theoretical, and you won't be able to introduce us on behalf of Earth representatives to aliens one day, but that's a point of view.
Also should be the last year, Wang Qiang organized a reading "Sutra" small class, I went to listen to a few days, very interesting.
I think reading and travelling are very interesting. You do see different living conditions and different ways of handling them. To cite a typical example, the Russians call World War II the Second patriotic War. They thought the first patriotic War was 1812, and they fought with Poe, so they had a strong sense of national pride--we defeated the two great military lunatics in European history, the first patriotic War we defeated the French, the second patriotic War we defeated Hitler, Although they have all occupied Moscow or almost occupied Moscow, our casualties are extremely heavy and heavy, but we won, no matter how heavy, finally we won. And in Red Square there is an unknown martyrs fire, surrounded by a piece, that is generally the head of State to enter, or the newlyweds married the day to flowers, this is not the same tradition. Strengthen this thing through a lot of detail, rather than saying something all day.
Q: Who have you been communicating with who inspires you more?
A: I met Raymondschari last summer, worked with many of the best business leaders in the world, talked to him for a long time, but I thought it was good, and he felt that he didn't solve the problem of management from beginning to end.
It's also interesting to have a chance to visit someone else's company. This year has visited, millet, ping An insurance, last year is visited Vanke, Huiyuan, a variety of companies are very interesting.
Q: How to look at Internet thinking?
A: I think you look at what level of Internet, the Internet is really a very great change, but thinking, I really do not feel that this is the core of things. Back to business itself, you still have to help someone to solve what problems, if there is a thinking is immutable or customer thinking.
For example, we emphasize what difference, the internet industry, product managers are held to the supremacy of the status of the whole day to talk about the user experience, all day talk about alienation, but most people do not realize that in a non-free product price is the most important difference. The early days of the Internet many products are free, prices can not be differentiated, we can only talk about other things, when you are not free, for most people price is the most important difference.
Q: What do you think of the?
A: I think it's normal, and I am not small, 65 years old, I came back to the entrepreneurial time is 25 years old, similar to them.
Discuss the question of whether he is your consumer group or employee group or entrepreneurial group, this is actually not the same meaning, for the consumer group is obviously, because the U.S. regiment this consumption pattern, the main user is certainly not big uncle, or young, more than 20 years old, more than 30 years old is the main force, this is very normal. The world is like this, the distinction is 25 years old, such as film and television works are taken to the 25-year-old before the people, or 25 years old, the whole world.
Q: Now in legend, the United States should be the next listing of the company?
A: Frankly, I've never said that before.
Now listing is not our biggest concern, this is in the long run, you have to return on investment, but it is not our recent concern.
Q: Will there be pressure to go public?
A: No. Because the overall United States to set up more than four years, less than five year, compared to 58 with the city was established in 2005, to where is also spent 8, 9 years of time, reviews have spent 11, 12 years. So I think our pressure is not big.
Q: But there are poly-Mei and Mo so more than 3 years on the listing of companies?
A: I believe that there are objective laws, like the United States they are really very strong, but they are in the industry in the face of fierce competition, and now they have some trouble, which I think is normal. Must go through some ups and downs, like the Mo also very powerful, the myth of the general speed, I think most of them are not the enemy. Even now, they are very powerful.
Q: Now the Life Service market in your opinion, there are people wrong?
A: The same way to think about this is still more difficult, certainly have to do something, but it is true that the industry has a new opportunity to produce.