Lei: 90% of the business will die credit is the entrepreneur's priceless

"Http://www.aliyun.com/zixun/aggregation/6149.html" >techweb reported May 8 News, in the upcoming 2013 Global Mobile Internet Conference, Millet CEO Lei, the fund Xiaoping, Entrepreneur Editor-in-Chief New Wengwen and the founder of the Zhang Mingjo law firm together around the "rebuilding of trust, reconstruction of the rules of understanding" exchange. When it comes to entrepreneurs ' chances of success, Lei says, "Happy people are the few, 90% of startups die." Failure is a common problem, with emphasis on dealing with credit problems.

According to Lei's own "burst material", "only to acquaintances investment" is his core investment idea. As a result, Lei suggests that the best way for entrepreneurs to seek investment is to seek help from colleagues, leaders and friends, rather than to submit entrepreneurial solutions at conferences, "because no one is going to see it."

The reason for "investing only in acquaintances", Lei, is that there is a lack of trust between investors and entrepreneurs. In his view, the core problem of China's investment industry is that the market time is short, neither investors nor entrepreneurs have a deep understanding of the investment rules. To this end, Lei called on the media, law firms and other institutions to spread the investment rules as much as possible and to explain the source and connotation of the rules as low as possible. (Text/Liu Yan)