Percentage point Han Zhiyong: Entrepreneurship is a long-distance running, the need for sustained passion

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3721.html ">2014 year May 28, by IDG Capital wholly-owned, pioneering State magazine co-organizer of the IDG Campus Entrepreneurship competition 12th station at the Chinese University of Science and Technology held. The campus entrepreneurship competition for all undergraduate and graduate students, to explore the campus of gifted developers and technical geeks.

Han Zhiyong, vice president of technology operations, shared a 7-year experience with Lenovo and his entrepreneurial experience in school during the keynote speech. As for the failure of entrepreneurship, Han Zhiyong learned that young people are passionate but not sustainable. Entrepreneurship is a long-distance running, and what we need is a constant passion. And entrepreneurs need basic self-preservation, especially in the entrepreneurial process. In addition, he mentions the importance of teamwork and executive power.

The following text for Han Zhiyong speech excerpts, without my review:

It's been 16 years since I graduated and I'm really happy to see so many young, passionate faces. Let me introduce my current company, percent of technology probably most people do not know much, we mainly do is large data, we help enterprises to enlarge the application of data and landing.

Big data is now a very hot topic, both IBM and Intel have presented a wide variety of large data solutions in the marketplace. We started pushing our own big data services in the market last year, we helped companies build a large set of data platforms, we had our own unique algorithms, and then we were able to build a variety of applications below. Our most successful application now is our percent personalized recommendation engine. We recommend that the engine now serves more than 1000 internet companies in China.

You may have bought something on the internet, and each electric dealer's website has a recommendation bar on the page that has seen the product or what the user has bought. The products are calculated by the system algorithm of percentile, we are a company behind the scenes, so the average consumer may not understand.

Today we are talking about entrepreneurship, I think today are the HKUST alumni, I said a dry goods. I don't think there are many successful stories, I want to say something about my tumble.

My personal experience is about two paragraphs after graduation. The first paragraph is the professional manager, after graduating from the association, and then in Lenovo almost all the companies have done, but also in Lenovo from the front-end sales, research and development, to the back-end of the supply chain, and so on, basically have done, so the position is more. Stayed for seven years, 2005 time left Lenovo, began to start a business, five years after the venture failed, and then added a percentage point.

In fact, my business was earlier in the campus, I was the management of the 16 Department of the Student council president, but also the Western study vice president. My first venture was to sell things in the school, when the west side of the goods sold more expensive than outside, so we cavity blood to break the monopoly, and fight against hegemony.

I started the three-quarters of the boys, we gather together to discuss what we do. On weekends we ride to Hefei milk factory in the west of Hefei, directly with the supply and marketing branch of the people depicting we have to work-study, I hope you give us some support and help. He will give us the price they supply, almost 6 cents 31 bags, and then see we are students to give us 85 percent, every day to send milk to our western entrance. When we're done, we'll stall at the cafeteria outside the west side. Said from now on we ordered milk, 8 cents a bag, starting one months, the highest peak when there were more than 300 subscribers, we are committed to the time of the day must be sent to your room, we door-to-door, we launched a lot of students to help delivery.

The first month is very happy, received a lot of advance, we take the advance as income directly to eat. Then there were some minor problems in the second month. Because there was no cell phone, BB machine, no pager, we have to get to the West end of the door fixed to wait for the car, the transport of the car he can not control when to come, so every day some people must spend time there, this will affect a lot of things, such as the evening with the female students exchange. In addition this work is indeed a simple duplication of labor, every day is to fetch milk, and then according to the address of a family run, upstairs and downstairs elevators are not, all rely on people back, so we think it is quite a complicated thing. The other one seems that the money is not enough for us to eat two meals, so some students began to work less serious responsibility. Finally one day something happened, we played on the court that afternoon, after playing the ball forgot to take the milk. In the middle of the night, we thought of forgetting to send the milk today, and sent it early the next morning, but the milk was broken. Suddenly a lot of people make trouble, many people want to return, to complain, but we have spent the money, so we have to save up the deficit to fill up.

This is my first time to start a business, almost three months on the yellow. But the thing that inspires me is that young people are passionate, but not sustainable. Entrepreneurship is a long-distance running, and what we need is a constant passion. Everyone here, if you're going to start a business, you'll have to stay warm for a long time.

The second venture is also in school. We monopolized all the parties in the West End because we had control of the student union, so we had the priority of the site. In order to better attract more students to participate in, we and Anhui University Union, imported a lot of beautiful women. Every 11, 51, Golden Christmas, we all do this work. Business is very hot, at that time money earned quickly, each of us take meal tickets, then I remember a dollar or two dollars, each down a lot of meal tickets, solve the problem we eat. The other is this party is also a good exchange with the students opportunities, made a lot of friends.

But this thing does not last, almost adhere to a semester, a thing, someone smashed the spot. One of our classmates was wounded in bravery and two stitches were sewn in the hospital. This gives me a very big revelation is that whether you are in good times or adversity, you need basic self-preservation, especially in the entrepreneurial process. We are now basically soft entrepreneurship, your team dug away how to do, your code copied away how to do?

This is my university period some entrepreneurial things, in fact, these two times tumble let me constantly in the reflection. Because I am the department of Management, so I always think that management is a practice of science, is to rely on the mastery of the temper. I spend a lot of time pondering these things, and then I spend a lot of time in the last two years of college with my teacher to do management consulting projects, to understand the business, I think this is more valuable than my class. After graduation basically is to take the road of daily Development, because 1998 when I graduated from the entrepreneurial is a distant topic, then first-class students go abroad, second-rate students graduate, three-stream students work.

Today I say entrepreneurship is a very happy thing, at least we have this idea. When I went to work, the person who was able to leave after seven years in Lenovo was going to have a lot of determination because you were there and your money was earned, and it seemed like you could see what your future was all about. So when I choose to leave, the people around me feel incomprehensible, but I left, because entrepreneurship has always been a dream of mine.

I don't think there is an entrepreneurial experience in life, it is an imperfect life. I've always wanted to start a business, I was interviewing Lenovo when the interviewer asked me what your ideal is, I said I can do anything, but three years I want to pass the front and back, because I want to leave Lenovo, this is the beginning of my life, but not my end. I wonder why the interviewer asked me to stay.

You are in Lenovo such a tall company, settling for so many years, personnel, financial and so on everything have contacted, but the real practice, you need to respond quickly. So I started my own business for nine years, the happiest thing is that I can always find a team that makes me happy. Everyone can work together, this is very important, otherwise you every day is in pain, so choose a partner is really important. Any time you have a good team, even if the wrong direction you have the opportunity to revise, but if the person is not right there will be a big problem. The second is that in the process of entrepreneurship, you must be brave to try the wrong, a way to black. We need a quick trial and error in the process, know whether this road is going or not, this is the emotional can not recognize the error; In addition, you have found a good way to quickly verify whether the right or wrong, this is very important, only to learn by themselves. The third is the importance of execution from an entrepreneurial standpoint. When we first started a business, our management team often discussed various general directions in the House, planning the next five years, and then writing PPT, which I think is a waste of time, have these time to do quickly, see if this is right or wrong. If another one of your commands can be executed later, your team may still be on the ground when you are over 30,000 feet. They don't even know what's happening up there, and it's important to communicate, coordinate, and ability to match within the team.

My biggest experience from professional executives to entrepreneurs is that I am now back to Lenovo, the way I do things must be different from the way I was in Lenovo, because I think the angle is completely different. Professional Manager Angle I just keep my own one mu of three points, I use my most professional method, I think the most effective means to achieve on the line. But when I started my business, I found that all of my considerations were necessarily from the CEO's point of view, which I felt was the biggest change for me personally. When I'm hiring, I really welcome people who have had entrepreneurial experience, it's hard to find someone who has had an entrepreneurial experience and now wants to work together on the platform, because only such a person can really understand everything, he considers every problem not complete a task, but considers how to do something worthwhile.

I think if you are going to start a business now, even if you fail, there is a chance to come back, but what you can get from it will help you grow fast. I hope that there will be more and more students from hkust in this competition, you can get the final prize.