Lei founder: Look five years to three years to do a good job for a year or two

Famous angel investor Lei Sina Science and technology news June 30 afternoon, the famous angel investor Lei today in the "Entrepreneur" magazine sponsored the "2011 Black Horse China Finals" said that entrepreneurs first or must do a most fat market, small pond can not keep big fish, how to toss also useless,　　So I hope you can see five years, like three years, seriously do a good job for a year or two.　　Despite the market is big enough, if you want to succeed in business, lei that entrepreneurs must love what they do, plus the necessary conditions for diligence and hard work.　　The following is the full text of Lei speech: Lei: Recently a period of time with Shire, Xiaoping, country all mixed together to chat more, the main topic is Shire just talked about, if life will end tomorrow, what will you do today? In fact, when we are discussing this issue, this topic with the entrepreneur, most entrepreneurs choose not to do. But just listen to Xue General said I feel very inspired, if life will be terminated tomorrow, you still can start a business today?　　If this one can make a positive answer, I believe that this person must be a real, love their own business, love the entrepreneurial people. From the investment point of view, perhaps we are desperately looking for the steed. Because I think it's hard for a person to do well if he doesn't really like what he's doing from the bottom of his heart. So my investment philosophy in fact has also been said in many occasions, I was absolutely only cast. My favorite investment is not the dark horse here, my favorite is a person appeared in front of me, he said I have an idea, I want to do.　　I'd love to do it from scratch. It is because I have done it from scratch that my choice of people may be more critical and demanding. So just listen to Xue General after the first public speech gave me such a big shock, in the future to put this problem in the first interview entrepreneur.　　If life ends tomorrow, are you still starting a business today? Of course, the light has this may not be enough, a while ago I was dragged by Xu teachers in the symposium said, nonsense for a few minutes, the result is a lot of trouble, I said entrepreneurial success 85% are luck, so I only believe in life.　　The remark was an uproar. I'm going to talk about what I want to say today. The first level of meaning is that I really think that any one entrepreneurial success is not less than 85% is luck, so for the successful people still need to maintain continuous efforts, for the losers actually do not have to blame, because some things are really doomed. In the back of this words I actually want to say, when we start a business, have a great dream, all want to be the next Robin Li, the next Jason, the next Koo, who who, I believe this is to inspire all the entrepreneurial, inside the flames of fire. I dare not say that today's more than 100 entrepreneurs, you are the next who who, but I can almost certainly say that I believe that this election to run all the Black Horse enterprises, will certainly produce a few 1 billion U.S. dollars of companies, 5 billion U.S. dollars of companies, or even 10 billion U.S.Kim's company! What is the most important thing to do? Still have to watch the stars at night, or to fortune teller, or to burn incense, or to look at the trend of the next ten years. See which year is the upwind, which year is the upper hand, see how to fly with the wind, if everyone in the forefront of the tide, when you push up, the success is relatively easy to many. So in today's golden decade of entrepreneurship, how can you get the success of these successful people like just now, I think first of all still have to do a most fat market. If you come up to think of a small market, in a small pond can not keep big fish, how to toss all useless.　　So the first advice to everyone is to look at five years, think three years, seriously do a good job for a year or two. Imagine five years later if the wind is downwind, if the sun from the west, can we do 1 billion dollars scale?　　I think we just need to do a five-year deduction to know what size your company can do. In fact, this is my own in the start-up time, think not much, not even how to think of things. Because sometimes people start a business, most of them do? What I like to do, what I can do, or what I am recruitment by others. This is how most entrepreneurs move to the entrepreneurial path.　　If you are a horse you say you like China, you do not want to do, angel investors will not say to vote for a horse. The first point of view needs to look at the trend of the next 5-10 years, in this pond is not big enough, can be made.　　That's what entrepreneurs really need to think about. The 2nd is any success, diligence and effort is necessary, if not a minimum 6x12 hours of diligence and effort, why do you succeed? If you want to do 5¡á8 hours of success, others than you work longer than 50%, intelligent degree, someone else than you efforts, this is the Chinese proverb tiandaochouqin. Many entrepreneurs want to be easy to succeed, if you want to have a very comfortable day, it is best not to start a business.　　Can find a big company, the income is more stable, live a very decent life, is very good.　　So here, I'm going to say three things, first love what you do, and the second thing you have to do is pick big enough ponds, big enough, and third diligence and hard work are necessary. Thank you!