Kai-Fu Lee: college students have five bogey

Well-known it people, Innovation Workshop chairman and chief executive Lee Kai-Fu Li, a well-known it personage, Innovation Workshop chairman and CEO of Kai-Fu Lee in Shanghai, held the "Global Entrepreneurship Week" summit, in order to rush to start the new university graduates "ideas", advised young people in the process of entrepreneurship to avoid five of the Misunderstanding one: A graduate on the domestic many college students are not ready, premature out of the "leading" entrepreneurial, which led to a high rate of failure of college students to start a business. Kai-Fu Lee said that the first to participate in entrepreneurship, and then leading entrepreneurship, this is a better choice for college students. "Domestic education pays more attention to professional development, but ignores the cultivation of students ' executive ability, team experience and market research."　　He stressed that entrepreneurship, entrepreneurship education is the integration of all the above factors, and Chinese education still need to go a long way. Myth Two: Creativity equals entrepreneurship for many college students have their own ideas but do not want to let investors know the practice, Lee said, "The idea of Change everything" in real life is actually very rare. "Ideas are not the most valuable, and if investors choose between ' creative ' and ' entrepreneur ', more investors will have to choose the latter. Entrepreneurs include so-called non-intelligence factors, including entrepreneurial direction, personality, entrepreneurial team and executive power. "Myth: Entrepreneurship equals listing" is not only for the purpose of listing and making money, not to defeat competitors. Young entrepreneurs should be more open-minded and create a positive entrepreneurial ecosystem.　　"Kai-Fu Lee reminded that listing, making money is not the ultimate goal of entrepreneurship, the greatest ideal for college students should be to create, improve the industry chain, with technology to benefit users." "For example, in the Internet industry, it is a success when web users, content producers, and advertisers can share your technology and achieve a win and gain experience." "Misunderstanding four: the market is not enough attention will be" entrepreneurial "directly equivalent to" Science and Technology Entrepreneurship ", and" Science and technology entrepreneurship "directly equivalent to" access to patent ", is the current domestic student entrepreneurs in a more common idea.　　In Kai-Fu Lee's view, the success or failure of entrepreneurship, to a large extent, depends on whether the entrepreneur "knows the market", including the understanding of the market, the user's insight and understanding of the interests of users and respect. Myth Five: Entrepreneurship equals winning VCs. "Venture capital provides not only money. "Kai-Fu Lee said, according to his observation, when the first money to get the hand, they began to reject the joint participation of investors, their views as interference. "The value of VCs is far above money." In addition to investing money, they can help students learn more about the market, manage their finances and attract the next round of financing.　　"It is for this reason that the standard of a good investor is not only whether he is willing to invest or how much, but also whether he can provide sustained and valuable help to the entrepreneur after he has invested." Kai-Fu Lee said that the five major mistakes in the firstis simply that "a graduation, you should start a business." He said that a lot of experience and empirical cases show that "once graduated, entrepreneurship" tends to have a higher failure rate.　　The more appropriate way is, after graduation first joined a pioneering team, from the team to learn entrepreneurial experience, and gradually accumulate personal strength, in a few years after the official business. He said that the remaining four misunderstandings in the two and "money" related to, respectively, that "entrepreneurship equals listing", "entrepreneurship equals to win venture capital."　　He believes that these two misunderstandings, the entrepreneurial process in the financing means as a goal, is very short-sighted behavior, not conducive to entrepreneurs to the new enterprise bigger and stronger. His analysis, the last two major misunderstanding is that "creativity equals entrepreneurship", and second, "scientific and technological innovation equals entrepreneurship". He said that nowadays some college graduates often think that they hold "idea" and "invention patent" in their hands, which is omnipotent, and the result is that a startup is defeated. This is mostly because of the neglect of teamwork and executive power in the entrepreneurial process, which is more important than "ideas." He pointed out that "cooperation and implementation" is the current domestic university should focus on the cultivation of university students ' employment and entrepreneurial ability, the proposed establishment of related courses.