What is the role of "pipelining" in the elite's entrepreneurship?

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The success of most entrepreneurs is an accident, the industrialization of the line of business is to replicate these accidental success factors.

"I'll be a regular on the Nasdaq," he said. "October 26, Shen, a co-chairman of the hotel chain, said to Nasdaq executives after the IPO. This seemingly ordinary remark may not be noticeable, but in hanting, Liang Jianzhang, Tang Yue and other people to hear is meaningful.

In three years, with Shen, hanting, Liang Jianzhang and other people on behalf of the entrepreneurial team for the second time to lead the listing in the United States, some of them in the next three years may lead new companies to the Nasdaq listing, they continue to create Chinese companies in the myth of overseas listing.

To study the successful path of such a pioneering team, it is not difficult to find that the new generation of entrepreneurs, represented by Shen and hanting, are running the way of Chinese enterprises ' overseas listing in a "industrialized pipeline" production. Comparing these companies ' overseas listings to industrial production seems to simplify their arduous entrepreneurial journey, but the metaphor is apt. Industrial manufacturing is characterized by assembly-line, bulk, standardized production, Shen, hanting and other people to do Ctrip, such as home and the current company, people found some can be standardized batch replication "success factors."

First, "make" Companies for listing. To study the relevant laws and documents on overseas listed companies in China, and to study the legal requirements of the U.S. listing of overseas companies in the United States, to establish a corporate governance structure in line with overseas capital markets and to control the U.S. law; Let the company's financial system be standardized from the first day, in line with international financial accounting If the home in the early days of the establishment, it hired a Hong Kong law firm as a legal adviser, and asked PwC to do the company's financial audit, so that the financial norms such as home, everything is in preparation for the listing.

Second, create an innovative business model that expands market capacity and potentially imaginative space, and expands at the fastest pace possible. Whether it is Ctrip, home or Baidu, the audience, they have such an innovative business model, although the business model used is not the first they found, but they use speed beyond the current competitors. When the home started, Jinjiang star has been doing for 5 years, but such as home for 3 years to surpass the Jinjiang star, and the first listing. Of course, if you have a good business model, there is still room for imagination.

In addition, there is a need for a good complementary entrepreneurial team. These are the steps that can be standardized when nurturing a listed company, which can be used as a product of mass production when the next start-up company is nurtured.

Perhaps the "serial entrepreneur" in America has given a revelation to a new generation of Chinese entrepreneurs. In Silicon Valley in the United States, Huang in 1982 founded the Yi Hua computer (Cadence), five years after the U.S. Nasdaq listing, then he created the pie design systerm, Quickturn design systerms, Siyuan technology are listed successfully.

Now, China's new generation of entrepreneurs has also begun to enjoy the rich return of the industrialization process, and began to seek entrepreneurial fun. Shen, Tang Yue and other people after years of hard work, the completion of entrepreneurship, financing, listing, the withdrawal of the cycle process, they began the next cycle. In the future, such a list will grow longer and China's new generation of entrepreneurs are determined to carry out the business.