Yu: Entrepreneurship needs "help"

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Near the end of the year, participated in a number of entrepreneurial theme activities, inspire me to find a new key words: Help!

The word "help" has two layers of meaning. The first is gang help: Entrepreneurs want to rumble. Entrepreneurship to have a big, building a good team is the foundation, Rumble is the team, the core has three points: like-minded, sharing success, ability complementary.

The greatest luck in entrepreneurship is that the team is like-minded, capable people may not be able to work together, people who can work together must be like-minded, like-minded. Entrepreneurial Road will have a variety of difficulties, business direction can be adjusted, no money can melt money, but your entrepreneurial team if the split up, your business is completely failed. For the past seven years I've thought of myself as a lucky person because I get along very well with a few partner.

Second, share success. Why the Internet industry can attract so many young people, so many smart person into the industry, on the one hand they have ideals and dreams, on the other hand, the Internet with Equity incentive mechanism to create a large number of myths, do not "spell Dad" myth, gave ordinary people hope. If in a traditional industry, everyone raises wages still can not catch up with the speed of Beijing house prices. So, entrepreneurs should have enough courage, willing to come up with their own interests, with the team to share. In short, we have to share the entrepreneurial process, but also to share the fruits of entrepreneurship.

The last point is the ability to complement each other. Before I started my business, I had 6 years of venture capital and had seen more than 500 startups. I found that China's technology start-up companies, there is a clear growth ceiling, more than 100 employees, income 20 million or 30 million, most of the mature enterprises will not grow up.

Why not? Because entrepreneurs themselves are technology and product origin, in the company management and market strategy is not good, but China's entrepreneurial environment requires entrepreneurs "10 omnipotent", can not have a short board, to break through the growth bottleneck, but also entrepreneurs themselves have "rumble" awareness, and the most efficient way to complement the short board is to find a partner.

UC today's four management partners, respectively, in the product, technology, market and management four aspects, strengths. In this way, what you can't do, what your partner can do, what the partner can't do, what you can do, and everyone else "see more and more beautiful" and the team becomes more and more harmonious.

Entrepreneurship is like climbing, standing at the foot of the mountain gang, and so on the mountain, we are still in a piece, the brothers can together in the mountains to see the scenery, enjoy the joy of reaching the summit. In my opinion, this is the happiest state on the road to entrepreneurship.

The second meaning of "help" is to help, a start-up company in the process of growing up need to come from all aspects of help, and these people are entrepreneurs of the noble.

In my opinion, for entrepreneurs, there are three F is very important: friends, master, family. The first is your business partner, brother, second is the support of the family, do not give you a drag. The third is master, entrepreneurs have to go through many new challenges every day, in fact, the heart is very lonely, can have such a person, every once in a while, he can talk to him without scruple, the harvest will be particularly big. If there are a lot of people who are willing to help you share something in the key node in this process, for the entrepreneur, I think it's a very lucky thing for you.

So in the process of UC growth, in fact, we met a lot of teachers are also friends of the noble, like Ding Lei, Lei, and Ma Yun. Today I will share the story of Lei and me. Lei has been my very good friend, at the end of 2006 when I went to business, why the first phone call him? It is because he told me a word: Yongfu entrepreneurship, to do anything to support. The next story we all know, Lei became our angel investors.

Then to 2008 years, we face a problem, is to do market promotion. At that time I asked Lei to help do one thing, the mountain did our non-executive chairman, open for UC platform. At that time know Yu very few people, but know lei a lot of people, and Lei is a particularly competent image spokesperson, a friend to talk to him, he took the mobile phone to the people installed UC Browser, I guess these years to take the initiative to install the amount of people do not have the total number of thunder.

The third thing happened last month, when I was on a business trip in the United States, I went to drive the next Tesla and had a great experience. I am a car person, after returning home is considering whether to order a car, the result one day received Lei message: Yongfu, I help you booked a Tesla.

Between the entrepreneur and the investor, in addition to the money investment and the return, is also a kind of emotional, Lei establishes a very good investor's demeanor. Jokingly speaking, I think entrepreneurs should give investors a sneak rule: we grow more than 10 times times, and send at least 100,000 cars. We grew more than 100 times times and sent a Tesla.

Finally, I'd like to talk about the new understanding that UC has for this gang in the last two years: how entrepreneurs help each other.

Today because the market is popular a word called "the world is yours, but also ours, but in the final analysis is the bat." This situation, I think every entrepreneur does not want, the world needs variables. So UC in the last two years, also increased the strength of strategic investment, our goal is to cultivate more variables.

I have made a rough statistic that UC has invested more than 30 startups in the past two or three years. In just 2013 years, we invested more than 2 billion yuan in strategic investment. At the beginning of 2013, we made a strategic decision in the Board of directors, in the next three years, in talent, industry internationalization investment 3 billion yuan. It is expected that the board will be revised at the end of the year, and this target will be small, and we will need to invest in it again.

Our idea is simply to prop up variables and run small steps. Today, there are two sports in the Internet circle, BAT3 Four giants are busy "playing mahjong", not with the entrepreneur, the second sport is playing poker, playing "fast", this is our entrepreneurial opportunity to see who runs fast, can be in the four mountains under the pattern of industrial variables.