Kai-Fu Lee: Quality entrepreneurs have the innate entrepreneurial pedigree

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Founded the "Innovation Factory", Kai-fu Lee felt very happy, in an interview with the Beijing News, said that the quality of entrepreneurs are born with an entrepreneurial pedigree of the experience of talent, preferably have a successful experience, or from the failure of the people really learned.

The following is the full view of Kai-fu Lee:

Now is the happiest time

When no one is binding on you, when you are always with more effort, when you are surrounded by intelligent people, have ideals of the person, will be very happy. Now I do things very quickly, make a decision in a big company a year, here three months is enough. What do you do without me? At least I have to work for many years, when there is no I can operate normally, I can consider leaving things. I can't even think about it now.

I can't gather so many smart people in 2005, now I can.

2005, I can't get so much money, now I can. It is precisely because of the 4 years of work in Google, with everyone to build good trust and interaction, in order to find financing, entrepreneurs and engineers. Time is different.

I'm just a coach and a housekeeper.

Unto Impose. I'm just a coach and housekeeper, lowering his time for pointless work. For example, he has to do a document, it may take 5 days, but I can help him to do it all day. Business choices, technical issues, the next round of financing, and products, management, and so on, these problems by the entrepreneur to make their own decisions. I was just behind him and I helped him when he needed it. Through micro-innovation. QQ Entrepreneurship a year, who can see it can become today's QQ. 360 before is a basic anti-virus software? Many students in computer science can do it. Now it has slowly accumulated into a good platform.

A great company, first of all, must be able to produce and grow, to make money with business models. Second, provide value to users. And in the Internet domain users do not pay, so in the user does not pay the premise, so that users trust satisfaction. The other is how to maintain the paid people. Any thing is, first learn to crawl and then learn to walk. Now we're proving we're going to crawl, and then we'll start thinking about the division, but we'll never consider excessive expansion. Next year, the Innovation Workshop will select a city to open a separate field.

Entrepreneurship may not necessarily take the road of technological innovation

There will be a big challenge at the beginning of the venture, at least looking for angel investment is very difficult. Angel investors in the United States have two types, one is experienced, the other is VC, the rich part-time angel investment. China's VC has gone to the back, and China's angel investors are also enjoying the success or growth stage. Like the people of Ma Teng are still fighting in the first line, in another twenty or thirty years, they retreat to be angels, the situation may be much better.

Second, it's easy for entrepreneurs to go the wrong way. It is really a pity to see China now has so many people take the road of technological entrepreneurship. In fact, they might as well look for opportunities in traditional industries. China's entrepreneurial environment is fraught with great challenges. Of course, there is no problem with smart people, people who have great help or lucky people. But most entrepreneurs are in this predicament.

Bad entrepreneurs are hard to find.

A quality entrepreneur is an experienced person who is born with an entrepreneurial pedigree, preferably a group of people who have a successful experience, or who really gets a lesson from failure.

Frankly speaking, the government has done a lot of things, most of which are helpful to entrepreneurs. such as loans, initial venture capital, as well as a variety of entrepreneurial park early incubator investment. But for the entrepreneurs of technology start-ups, it should be up to the professionals, not government officials. The government should convert funds into an investment. For example, Zhongguancun Management Committee found that they choose the project may as well as the start-up fund to the Innovation Workshop. The investment is successful, the government does not make money, can make these profit part to the entrepreneur or the VC institution. I think this model is the best way to motivate.

Mobile Internet "time to Come"

E-commerce has been relatively mature, especially in the field of business, if you have not invested, tomorrow will be more expensive to vote, but there are opportunities. If it is investing in mobile internet, I think the opportunity is the biggest. In terms of cloud computing, it's a bit early to invest, but if you find a complete solution, you can create some business opportunities. Mobile Internet is bringing the fourth wave of the Internet. At present, the software on the PC has been quite saturated, it is difficult to play a world, and mobile Internet to 800 million users, there will be a big gap. In addition, the internet giant has begun to look for opportunities for the acquisition of mobile Internet, which also means the opportunity to start a business.

Mobile Internet has many challenges in terms of software and profitability, but these challenges are about to be broken. The first is that smart-phone prices will fall very fast. Future users may use the phone as the only Internet tool. The second is the rich distribution channels for developers is the most dynamic. Third, with the Internet toll channels in the mobile Internet opened, payment channels for developers to bring more revenue.

Nokia will "disappear"

Mobile Internet will change the most. But most people will see more of the company, and a year later more of the brand that has not been heard will be created. Investors tend to feel why there are such good companies that have not yet voted. But you know, every successful Jingdong mall, behind may have 10-20 failed.

Investment technology companies, 1 million or 2 million can let it start, but invest in logistics have inventory of the company, may be very expensive. So from the point of view of the rate of return, people who know the technology should still invest in technology companies, but they don't rule out the Web sites that invest in it. Will change. E-business enterprises will rise up. Now only see Taobao this year, there will be more enterprises. I have said that Nokia will disappear, but not so fast, it will happen slowly. It could be 5 years, maybe 10, and will be overtaken by smartphones. Of course, Nokia will also make some smartphones, but now look at it behind more.

Microsoft will be farther away from Apple's core Google

Microsoft will be more and more distant from Google and Apple, this is Microsoft's most concern. Previously, Microsoft relied on the operating system to control its core position. Not only control the fate of the PC, but also indirectly control the mobile phone, television, mainframe, affecting various areas. The previous it world was PC-centered, forming a huge empire. But now in the mobile world, the rise of the iphone and Android has left it without a head start. In the Internet arena, Google's rise also let it unprepared.

Now there are two more big innovations happening. The internet and the mobile internet are strung together, and the Internet is something more important than a PC. A more frightening threat is the ipad. Now the ipad mainstream Apple, the future may be Android, Microsoft is a slow step. The ipad has been a threat to Microsoft's core business, because the ipad is actually a computer. Because the application of the Internet, the application of mobile, pcipad, these things happen, Microsoft consolidated monopoly of things increasingly weak. It is facing many threats and is in a embattled state.

Weibo will be the biggest winner

Twitter is similar to China's microblog today. Twitter has no great technology, and in some ways, like the user's point of view, Weibo has surpassed it because it is more suitable for Chinese. In short, it is not a question of technology popularization, but also depends on the political environment.

Facebook is more open than everyone, happy and QQ China's three social platforms. It will give more profits and opportunities to developers, their own focus on the platform. It is a pity that China has not had such an open mind on these platforms. Because sometimes you'll find that the platform will make more profit by making more chances. On the contrary, it will make the whole ecological development less smooth.

It is hard to find a completely original internet model in China. But don't underestimate Chinese companies because they will innovate. If you can create innovative products through micro-innovation, you should be proud. Microblogging products market has been done, see how to promote. It will tend to end up with one of the biggest winners. Winner I can't predict, but I guess there will be a very big one. Each has its own advantage. Sina is certainly the first to do. Sohu, Charles Zhang may have his own ideas, then he went to find. Tencent's model is easy to grope with QQ.

Mobile internet will really become mainstream. The real use of mobile internet users, is the user with 3G Internet access, the use of fully functional smartphones, can selectively purchase the download program, this is the mainstream of the future.

Paper media should embrace the internet

The death of the paper media in China will slow down a little. There are still a group of people who like reading newspapers and not surfing the Internet. In addition, the paper media is supported by the government. Various reasons will slow down the trend of paper media. But the paper media should also see an opportunity, "digital subscription media" has room for development. The Wall Street Journal has been rushing to release the digital version, which it sees as a lifesaver. I don't think that's going to save the paper, but it can prolong the life of the paper medium. The paper media should try to embrace the opportunity.