The entrepreneurial arena of the old VC

In recent years, entrepreneurship is not a new word, countless young people with dreams will choose to take the road of entrepreneurship. As we all know, entrepreneurship is actually a path full of risks and opportunities. We can learn from those VC old rivers and lakes there in the entrepreneurial need to stick to things.

"If the CEO is in the water, you have much cash on your account, no amount of money," Ning said. In Ning's view, the risk of entrepreneurship is not whether there is money, the external environment and so on, but the founder of the company, that is, the CEO.

For entrepreneurs, this is the best of times, and this is the worst of times. While the internet is very hot, mobile internet vibrant, entrepreneurs waving sleeves, investment events frequency, the myth continues to show a new wave of national entrepreneurship, the other side also have group buying, the loss of electricity, policy and supervision of the tight, entrepreneurial face of the capital fracture, lack of management and so on are a dangerous picture. Perhaps as Ning, entrepreneurship is eternal, because it can bring real value to society. How to avoid a gun to die in this gem, this is the problem for all entrepreneurs, in today's China's returnee entrepreneurship Leaders Summit, Xiaoping, Ning, Gan Jianping, Chen Datong, and so on "My side of the Returnee Entrepreneurs" Roundtable Forum, tells about their entrepreneurial experience. We can look at the previous entrepreneurs, these "old Rivers" of the experience, what things let them to now still scared or happy? By the way, stealing these "old Rivers"!

"Piercing Eye" Xiaoping: I can see the market demand

Pioneering canon: discovering demand.

Xiaoping, this foolish Old river, in speaking of his entrepreneurial experience, think he seems to have a pair of Monkey King's eyes. According to him, the original venture, there is no business model, do not know what to do. At that time, Mr Yu was very big when he was a new Oriental, he taught in New Oriental, chatting with students when he found that many students get scholarships without visas, or get high points without scholarships, this problem is very serious, many students are very high, but will not apply, Or get a Harvard scholarship. He found that students really need to go abroad, in the discovery of such a huge market, just seize the opportunity to do visa counseling, study abroad counseling.

"Aftermath" Chen Datong: Grounding gas

Entrepreneurial canon: Science and technology Entrepreneurship to clarify the opportunity to eat crabs do not necessarily survive, may also violent!

Chen with "very scared things" to describe his experience in the exhibition. According to him, 2000 just started to do the exhibition, the International 3G standard just passed, the international set up to do 3G mobile phone company has more than 10. As a result, Chen found that all but the show was dead. Chen said that the reason why they can survive the reason is: First, the exhibition is the only trickery company, and investors to negotiate when said to do 3G, but actually do is 2G, the other 3G company all died. The exhibition only earned money from 09 and 10. Second, the exhibition is the only Chinese-founded company to return to the mainland to do, if in Silicon Valley to do it dead.

"Lobbyist" Gan Jianping: Less government control

Entrepreneurial canon: To create a good team.

Gan Jianping, who started as a corporate venture in 06, was a veteran of the industry, compared to the difficulty of finding projects. In recent years, Gan Jianping has done some good projects, such as century Jiayuan, rice, millet mobile phones and so on are mainly with excellent entrepreneurial team to create a better company. In his view, China's entrepreneurial environment as a whole is very bad, is basically the university just graduated to start the entrepreneur, and China's investment environment is also relatively bad, to do a company to find business and industry, to engage in retail will look for Chengguan, open a restaurant to find health bureau and so on. In China, any start-up company minutes may be a certain government agencies or a small child quickly aborted, for investors like Gan Jianping is more willing to invest in some more mature, more experienced, the so-called old rivers and lakes to do investment enterprises. At the scene he called on the authorities to reduce government control to the lowest point, so that entrepreneurs have enough ability to play their talents, do what they want to do, as long as they do not violate big laws and regulations, any entrepreneurial passion should not be in the early days by some of the rules to stifle.

"Entrepreneurship 72 Change" ning: The biggest risk is the founder

Entrepreneurial canon: The idea of the most important entrepreneurs, to analyze the "weather", do not reverse the sky.

In Ning's view, the risk of entrepreneurship is not the money, the external environment, and so on, but the founder of the company, that is, the CEO. "If the CEO is in the water, you have much cash on your account, no amount of money," Ning said. At the same time he also said that "his brain has also been in the water," Finally, also more miserable, in the air after the network, do aerial search, that year did want to challenge Baidu, want to do a new search engine, at that time in the technical aspects do have advantages, and even after the search turned off, many friends for this regret. The reason is not to do, because the pattern of the search has been set, the angel has no longer support a new search engine up, the capital market will not give such a company a large amount of capital, the user's brain has been thinking every day to search is Baidu, so this time is no longer. "When the time is no longer, do not do anything to reverse the day," Ning regrets. According to him, at that time because of the wrong choice, resulting in the last loss of a lot of money. Finally, he told the entrepreneur: "When someone tells you a bad voice, you must listen, do not like me to make such a big mistake." The