Return Network Chen Fangyi: Technical Entrepreneurship man who ran away from university

Chen Fangyi is a restless man. Junior three when the United 4 students began to start a business, and these 4 students also become the return of the network of "angel investors", each funded 40,000 yuan, this 160,000 became Chen Fangyi's starting capital. "My investment is myself," Chen Fangyi laughs.

But at first, Chen Fangyi chose not the electric business. He initially did is the Advertising Alliance, the development of a period of time after the lack of stamina, the ability to promote a limited problem. After careful consideration, Chen Fangyi chooses the return mode. At the end of 2008, the return network was formally launched and the company was established in February 2009. At that time, Chen Fangyi senior.

"At that time the return mode is not as hot as it is now, we thought that the user benefits, the next time will come again", in Chen Fangyi view, the return of the model not only for the user, on the platform and businesses can also play a great role in promoting. Chen Fangyi said return network as the starting point for users to buy, can help users better shopping, and according to the user net purchase product turnover, return network can obtain a certain commission from the cooperative, and then the part of the Commission to return to the user, and this is the return of the net profit model.

Million-dollar VC 2012-year target of $1.5 billion

Four years of accumulation so that the return network to accumulate a lot of experience, but also let Chen Fangyi in entrepreneurship become mature and stable. 2012, the return of the network announced that the peak of China and the capital of the investment fund millions of dollars. Chen Fangyi revealed that the return network currently has more than 8 million members, and daily surge. At the same time, Chen Fangyi revealed that the 2011 return to the network to bring the sales of up to 400 million, the goal is to return to the network for the electric dealers to take 1.5 billion of sales.

In addition to return the net, Chen Fangyi also will return the benefit preferential mode expands to other domain. At present, the return network's website includes the bargain coupons, the voucher, the bargain net, the micro-rating net. In the return of the Internet official micro-blog activity, there are users through the return of network shopping has saved 5750 yuan, and in Chen Fangyi view, this is only the beginning of the return network, the future of the road is still very long.

Technical male management experience: just 7 people

Chen Fangyi revealed that the current return network (http://www.fanhuan.com) a total of more than 150 employees, the end of the year will reach about 200. So how did the tech nerd put the hundred-man team together?

Chen Fangyi has its own set of operations, that is, only 7 supervisors, tiered management. This will enable efficient management of the team, but also effective operation of the company. "My team is mostly 88, 89, very old, very young, and very aggressive," Chen Fangyi, a young team with more energy and ideas that makes it easier and more enjoyable to start a business.

"They are not afraid of me," Chen Fangyi laughs that he is not a dignified leader, and it is this gentle atmosphere so that employees can feel the warmth of home. It is understood that the return network in the company to provide employees with leisure and entertainment venues, from the company's equipment to the atmosphere are trying to create a positive entrepreneurial environment to fight.

"We will continue to try new business, because we have been happy entrepreneurship," Chen Fangyi said he would not give the team too much pressure, the company's normal operation, the staff to fight hard is his biggest wish.