Huang expound the true meaning of lei millet seven words proverbs

"Focus on the ultimate fast" millet seven-word tactic has already spread around the river, but very few people can correctly interpret the meaning of this, Lei said "extreme fast" is what the entrepreneur said "extreme fast" is what. January 7, 2015, Zhan-LU culture and Zhejiang Publishing House co-sponsored the "Management and Internet thinking game--and" Liu asked "new book launch", investment in the millet of IDG (China) executive vice President Huang pointed out that millet seven words proverbs, Lei's real meaning is: Quickly create a company, to achieve the ultimate balance.

The following is Huang's statement:

The young entrepreneur's short board lies in the management

IDG's business is to help entrepreneurs. We are in contact with a lot of entrepreneurs, especially Internet entrepreneurs, the time of generation and generation, found a very important question: these young entrepreneurs, can say everything is good, everything is ready, but there is a big short board, they all admit, this is the management problem.

We have been in the field of venture capital for so long, if what is the experience? It is true that the success of most startups is largely three factors: building teams, bringing teams, and having strategies. The most important thing is to build teams with the team, the strategy in our industry is not so prominent, the front two points is essential. Everybody knows to invest, see a project, a lot of degree is to see a person, this person is a team.

There is a generation gap between forums and the management of the

From an entrepreneur's point of view, whether it's a young entrepreneur or a successful internet company, a lot of companies are out of the question, to a large extent. Many companies are faced with these puzzles, such as we cast about 20 or so, but in fact, 85 followed by the company. There is a particularly big problem that forums may not understand. But it's impossible to deal with only one or two people in a startup, and they have to know how to deal with someone older than them, including their own team, including their own employees, including their own partners, which is a big problem for them. The problem is actually a management problem. Of course, forums said that can not understand, so there will be this problem.

Millet's "fast" is not a fast iteration

I recently met an entrepreneur, is to do oil painting, he said he can recite Lei seven words, the last word is "fast." He asked me how to do the oil painting, how can I do the rapid iteration? I said you do oil painting, why do you want to iterate quickly? He said that because Ray always said "fast", I said Lei said "fast", not a quick iteration. I have heard the general report of Lei, because we invested in millet, please lei give us a detailed explanation, how to do an Internet products company, especially how to do the hardware of Internet products. One of the lei on his "fast", Lei said his past is not good at management, Jinshan management is very painful, so when he came out of business, want to avoid some contradictions in the development of enterprises. Enterprise a slow, all kinds of contradictions came, Lei said he is not good at management, so he will come out to do a company must be a "fast" company, such as the company long to a certain scale, let him make time to manage, this is Lei said "fast." Lei said "Fast", and the entrepreneur said "fast" completely irrelevant, but the entrepreneur on the Internet to see a large number of people to read the LEI management thought of "fast" word.

Lei's "extreme"--balance or hundred-percent

Again for example Lei speak of "Acme", what kind of interpretation on the net have, lei oneself is how explain? Extreme is a particularly complex thing, he said we are small rice, not to do Apple, I have a team of technical, technical people like the ultimate. Extreme Extreme, the millet made Apple, but Apple is not my market, I want to do is millet, so I told them not too extreme.

Lei said "Extreme" is a balanced concept, because always pursue the ultimate, it is always out of the product, Lei is anxious, so tell the technical staff to achieve a certain degree of extreme. However, for the service of Millet, service is to do it attentively, is a truly absolutely want to do it to the extreme. Lei with "extreme" two words to sum up, which has a very rich meaning.

If there is no one to look carefully, and no one to read well, we will have a lot of problems. An "extreme", you do product how to understand, do the service how to understand. I mean, a great management idea, Lei is a very successful entrepreneur, even if he said these, but also need to have the right person, do a very appropriate interpretation.

Even if Lei such success, with such a rapid growth of an internet company, he also recognizes that he manages these short boards, and he also believes that the enterprise has grown to a scale he now needs to return to an era of management, so whether it is from entrepreneurs or successful entrepreneurs like Lei, They have all recognized the value of management, especially in today's complex and changing business environment, where the value of management is more important than ever.