Lei: What I hate most is that "entrepreneurial mentor" investors should not be keen

In the eyes of Lei, who play the double role of investor and entrepreneur, he doesn't really like the title of "mentor". Faced with the goodwill of investors, many entrepreneurs do have a hard word. He is Jinshan Software Chairman, Millet Technology founder, chairman and CEO, more play Network executive chairman, 17 start-up companies angel investors, has "it model" of the LEI. "The way of investing" wrote that, in the eyes of the "mentor" who played the dual role of investor and entrepreneur, he did not like the title of "mentor", or even said "I hate the" entrepreneurial mentor. Investors should not be keen on being mentors lei that at present, many venture capitalists are often "better-without" when they invest in start-ups, and often "cheerfully" recommend a lot of so-called "partners" to startups, so that the time spent by entrepreneurs is wasted in meetings with these "partners", and the last is often a lost ground. Time and energy have caused great waste. "The so-called ' entrepreneurial instructors ' often give entrepreneurs a large group of MBA from Harvard, Stanford and other overseas prestigious schools, but after the recruit often ' acclimatized ', even let the original entrepreneurial talent drain." "He said," This thankless thing, in the domestic emerging, in the face of investors ' good intentions, many entrepreneurs do have a suffering speech. "The entrepreneur is doomed to be lonely," Lei told him over the years. In addition to the money investors need to provide, entrepreneurs need more than investors to help people, trust and spiritual comfort. Entrepreneurs tend to be strongmen, who have a strong ability to cope and deal with practical problems that are often not in the wind. "However, entrepreneurs often have nowhere to talk when they are in trouble, first of all, employees are definitely not the right people to talk to, and second, it is difficult for the family to understand the difficulties entrepreneurs encounter." At this time, investors are a more appropriate to confide in the object, they understand each other's language. Lei said, "At this time, even as a good listener, or emotional comfort, can give entrepreneurs a good role in channeling." "In his eyes, investors will do is often in the initial investment of 1 million or 2 million of the capital, and the rest should be" intimate elder sister "work, in the success of a toast together, when the failure to listen to the entrepreneur said his ups and downs. "Dude, you're going to take a vacation, come back and let's start again." "Many entrepreneurial he knows a truth, that entrepreneurship is not easy, especially the continuous entrepreneurs are inevitably lost, after this will find the feeling." Lei is keen on networking for entrepreneurs because he believes that connections are "invisible" indirect financial help. In addition, when facing the internal contradictions of the founders of the company, he has only one principle, that is, only the boss. "As long as the boss does not make principled mistakes, not illegal, not tax evasion, not roll money ran, I have a clear-cut support for the boss." If the boss wants to kill the second, then kill, good and scattered, I will never stir in, do not mess. "Because I've always felt cast," said LeiPeople do not want to do ' better-without ' mentor, but to learn to give up the ownership of the control and mentality of control. "First accumulation of Lei has a familiar analogy in the industry, that is," standing at the mouth of a typhoon, a pig can fly. For this metaphor, Lei's understanding is that entrepreneurial success requires excellent entrepreneurs and good opportunities, especially opportunities, so today's entrepreneurial environment, many entrepreneurs hope to start from scratch, empty gloves white wolf, in Lei seems to be very unrealistic. "I particularly want to ask: Why do you not first do the ability and the accumulation of resources before starting a business?" If you think the opportunity is rare, why not try to persuade more people to provide resources and then start a business? Lei two consecutive rhetorical questions. To further illustrate his point, Lei recalls his experience of inventing anti-virus software. At the end of 1989, the computer virus just appeared in the country aroused his great interest, he found that this is an excellent opportunity. In order to solve the problem of the school room, he and his classmate Feng Zhihong collaborated to develop anti-virus software "immune 90", which he developed the second commercial software. In the "Immune 90" development test success, the price of 260 yuan a set of software in Wuhan sold dozens of sets. "We each made a good thousands of dollars. "For the students at that time lei, thousands of yuan is also a small first bucket of gold." "Therefore, I still think that entrepreneurs should be able to do a good job and resource accumulation before starting a business." "After my 40 birthday, I said to myself, ' Get on with it, '" he said. After the capacity and resources accumulation, in the early 2010, when I first formed the idea of the terminal in April, I began to set up millet technology. "China lacks an inclusive and innovative environment, and there was a buzz about Lei on Weibo," he said in a university campus recruiting site: "I have invested in an average age of 35 years, the basic is to invest in experienced people." "This seems to be completely the fledgling, enthusiastic college students entrepreneurial community into the" limbo. In his view, the emergence of Facebook in China is impossible, because China's newly graduated students have neither experience nor competitive environment. "I basically invest in experienced people, I think the Chinese university just graduated students, the reliable person is really not much, so it is impossible to appear in China, there is no big company in China is a newly graduated students started." Lei said that China's entrepreneurial environment and the United States is very different, the United States in a highly competitive background, entrepreneurs can not have any experience, as long as the dare to do, so many large companies in the United States are often founded by university graduates or university has not graduated from the founder. "The concept of innovation in the United States is to do things that others have not done, in China is to do things that others do not succeed." "China is still in an era of execution when it is not fully competitive," Lei said. There is no shortage of innovative thinking in China, the lack of who can carry out innovative thinking in place. "Lei that innovation is often created by small companies, but for society as a whole, ifTo encourage innovation, the most important thing is to tolerate the consequences of innovation. "Because the vast majority of innovation is a failure, if not tolerate failure of the environment, innovation is difficult to continue." Lei said, "The reason for Chinese innovation is still lack of inclusive and innovative environment, only the existence of a tolerant failure of the environment, the whole of China's innovation and entrepreneurial environment can move forward." ”