Meter folding net Zhang Lianglun: Entrepreneurial luck? How to create good luck?

21-Year-old graduated from Huazhong University of Science and Engineering, 23-Year-old Master's degree, 25-year-old self-employed, he is the M-fold network CEO Zhang Lianglun. He is a 2013-year pioneering state under the 30-year-old entrepreneurial upstart list "winner, but also the same year Forbes selected China's 30 30-year-old entrepreneurs" one. M-fold Network has now completed IDG capital and other billion-tier financing, May 10, in IDG held the campus innovation competition, hkust lectures, Rice folding Network CEO Zhang Lianglun to his alma mater students to share their own entrepreneurial mentality process. The following is a transcript of Zhang Lianglun's speech, has been my review: I was in 07 to enter the Hkust, the tutor is also in the scene this year, I am very grateful to the people who come to join us. We have a very deep relationship with IDG, so Linda let me come over before, I am particularly happy, even if I am at my own expense of the ticket, the hotel. We started our business in 11, and in 12 we got IDG's a round of financing, and this year we have just made a billions of dollars in financing, the investment side is IDG, and one of its early partners. So today because of IDG's invitation, finally came to China Hkust, or want to share a little dry goods. When I come here, do you know what the first thing to do? is to go to the hkust to find my good friend Liu Jinju, please I eat a bowl of hot noodles. I found it was three dollars a bowl of hot noodles, now is four dollars, and have their own brand, the times change rapidly. We started our business from 11 to now, for more than two years, I've been thinking about one thing, we were fortunate to be very small from the beginning, and then gradually developed, last year, the company may have a few billion revenue, including now the entire B-round financing also has a billion-dollar valuation. Many companies that are at the same time, doing the same things, have either been up or down for two years. I wonder what our business is, what determines our success or failure, and what is the most important factor here? I'd like to ask the alumni who are present. Well, I have heard that team and luck, our third classmate combined the top two content said to see the trend, the talent. I personally think that entrepreneurship is luck, luck is important, so today I want to share with you about entrepreneurial luck. A good luck everyone may feel superficial, is not the day of the sky drop a pie, I might venture to succeed? I have been thinking about this thing, last year began to contact some other people outside the entrepreneurial circle, I and several business owners to a monastery, a three-day meditation. There is a lesson that Zen Master said to us, you must calm down, feel the world, feel the heart, feel the breath and pulse flow. I didn't understand, just trying to close my eyes and think. Later we took part in a president's class, and one class was taught to us by the Master of the Book of I Ching, teaching us how to predict luck, he grabbed a rice and threw it on the table and said that it was possible to predict your next horoscope according to the trend and shape of the rice. But according to his forecasts, our new project this year will certainly be on April 16, and the result is that weThe project of the Beta is released this day, of course, this time forecast is amused. In the process, I was thinking about one thing. We would say that he was lucky, so he was lucky, so he got a good start. So what is luck? My own current thinking is this, one is homeopathy, I may think that luck is here, such as whether you can see the trend and to adapt to it, and the second is to move, luck is here. For example, when you do one thing, the right place and all have, find a potential, and to adapt to it, may be in this occasion process to achieve your own, realize your value. In the entrepreneurial process, I found that many of the things I do now, why some companies in the same time, or even earlier to do the industry, he did not do it, even if some of the year in a very good position. With this vertical industry, you'll find that the whole rankings and trends have changed. If you can not get good data, I suggest you go to see Baidu Index, it represents a product popularity. We will find a phenomenon, like our peers have several, they from 11 to now, Baidu Index is very smooth, indicating that the user is very smooth. Again to see the meter fold nets, from the beginning of 0 to now Baidu Index is fifty thousand or sixty thousand, meter folding net plus meters, has been in this industry is very leading, and maintain a continuous growth trend. In the process, a lot of people just borrowed a set of potential, but did not borrow the next wave of trend, so it was down in the next wave. If a company wants to continue to grow to a very large scale, it must be in tune with a set of dials. For example, immediately to the listing of the United States excellent products, very short time can be achieved on the scale of the listing. Again, such as Alibaba, 58 with the city, they have a decade of history, today it can be listed, in fact, it experienced a lot of potential. And we are in so many potential every time have good luck. Since we say that the potential is very important, in fact, to do a product, I think not to create the needs of users, but only to discover the needs of users and meet him. In the same way, I don't think anyone will create this potential, of course there will be some outstanding people to let this potential change, but more people are discovering this potential, and adapt to this potential, let it achieve their own. At present this time, can say is the better time, is also the worse time. Why is this a better time? We actually found out that angel investment might be hundreds of thousands of in the early 11 years, and it may be easy to get millions now, but Angel investment will not be available until a few years ago. We have to complete the original accumulation, as the university just graduated from the people, even into a very good company, annual salary of 300,000, but deduct taxes and so on, a year can save how much money, so primitive accumulation to spend a lot of time. But now it's different, there are a lot of people with capital willing to help us a group of thoughtful young people to realize what they want to do. In addition, we now have a lot of information and social tools, so that we can do a lot of things, do the game of people always come out more than you succeed, do electric business always have Taobao shop open than on a good, in fact, many opportunities have been, for us to see is a better era. But at the same time it is a worse time. Because the front has bat and so on several big mountain (many are the IDG cast). Now, the company once bigger, will face the competition of many giants, we are in the gap between survival. So it is a very important proposition that we begin to protect ourselves in the absence of anything. I think since this is a better era, but also a worse era, we have to do is to adapt to this good trend, while avoiding the bad factors. The good trend is that we need to integrate resources, create the value we can create, and integrate a lot of resources, including capital, talent, government resources and so on. You can integrate these resources and create value for your customers, and you will be able to use this potential well. At the same time we have to circumvent the potential of the adverse factors, such as we are doing the rice folding process encountered problems, upstream particularly large, Taobao, cat on top, we are particularly uncomfortable, will encounter a lot of bottlenecks and pressure, but we have to tell ourselves that this is the potential of the drawbacks, We have to tell ourselves that in the time lag before we compete directly with our giants, we can better protect ourselves and accumulate our own strength, including money, team, and many things to prepare. And when you really can let go of a bo, to find the wave of the potential. I hope we can grasp the pulse of this era in the tide of this era, find this potential, in the next entrepreneurial process can have good luck, thank you!