Gu Chengwei, president of digging money: competitiveness comes from alienation

May 14, 2014, the IDG Capital and pioneering state jointly organized the IDG campus pioneering competition to preach the eighth station in Shanghai Jiaotong University successfully ended. The campus entrepreneurship competition for all undergraduate and graduate students, to explore the campus of gifted developers and technical geeks. Gu Chengwei, president of the digging, said in his speech, entrepreneurship has three major elements: the first is to create differentiation with others, the second is to find leverage "to borrow, the third is through the implementation of the idea into reality." The following text for Gu Chengwei speech excerpts, without my review: If in my university, there are IDG, entrepreneurial state, perhaps my life trajectory will be different. At that time, we do not know much about computer technology, and then there is the University of Chiao-li licensing computer, the first to help Japanese enterprises to do CNC machine tool modules, and then a little money began to study the ANG licensing computer. My theme is entrepreneurship, is a way of life. I like most people, because most people, not necessarily like Teambition CEO Zi Junhuan, from the time of students to start a business, you may be the first to work, and then start a business, you are the future of me. But I think that from the day you leave your family, go to college, go to your own life, you start a business. Jiaotong University has the motto, drink. I add four words, emulate. " I adore two alumni of Jiaotong University: Shutong, really is very famous, in the early of the century, into the Jiaotong University is not easy. He has played music, painting, literature, and finally he became a monk, a generation of masters. That was also a handsome son, later did the Enlightenment monk. Another is Wang, today all of our entrepreneurial alumni have not reached the realm of Wang, he once in the United States is the fifth richest, after graduating from the University of Japan to join the war, to study telegrams in Chongqing Mountain, when the age is larger, to the United States. Then he started a lab, and when he was at his best, he reported 170 people directly to him. Wang is our idol, when he was older, he ran to a strange America and rushed to the position of the richest man. I adore these two. The so-called emulate, that is to say, you take a course, participate in a social activity, the pursuit of the ultimate "and breakthrough" is a way of life. I think the three major elements of success: the first differentiation, the second lever, the third executive force. Differentiation, social development is very fast today, we all learn enterprise strategy, business strategy how. In fact, we have a lot of students in the school of Management, and the Wharton School has a professor who specializes in strategy, which is the differentiation of your strategy. In my personal experience, I have been to the United States, how do I find this opportunity? I had a thing called pattern recognition. I said I found some features, the risk of the product can be controlled. At that time, I remember, my colleagues are from the elite schools, they have taken some projects, many people have done a mobile product early, very interesting, I took a look very bad things, but because we have different positioning, the product also works. I have been working, working, I later thought, ready toEntrepreneurship。 But entrepreneurship is not a passion on the line, there must be some differentiation. Where is my differentiation? I say my differentiation is that I will risk control. Because China after 2008 years, 2009 International financial crisis, there is a word Basel compliance. We have to learn how to measure this risk, how to manage assets, to follow certain routines. I feel very familiar with this aspect, I used to be in Washington, D.C., where there is a benefit, the leaders of the Jiaotong University often come, they come to tell me, you now engaged in finance, can help his alma mater. I said my level is not enough, but help them find some people. And I will risk control, I just use risk control to start a business. Another factor comes from my experience. I started a company and made a little money, but then came the opportunity to start the concept of internet finance last year was very hot. I also encountered a chance, a start-up company called Digging Wealth, founded five years, the company with Ali's genes, and then we have a fusion. I have my own lever "view. In fact, there are all kinds of levers to make things successful. Archimedes said, give me a fulcrum, I can pry up the whole Earth. Last year I took part in the Innovation China competition sponsored by the entrepreneurial State, and I happened to win a championship. With this innovation China ", met the IDG capital partner Mao. With the technology, with capital, also have a network, a few things happen, digging money on the homeopathy. However, speaking in the end, the most important thing is that I also want to thank the Jiaotong University, because that year we no matter what major, have to go to practice. A thing, a idea, from the effect diagram to the design drawings, construction drawings, supervision, every step, all call us to complete. Finally, I conclude that entrepreneurship, I think is a way of life, but also a passionate lifestyle. To understand this, you can start a business today.