Chen Zhou approximately success and the 3 elements

Source: DoNews | 2010-09-15 10:11:35

a startup real chance of success is small. How successful? Thousand Oaks made the 8 years I have been preoccupied about this answer, I here to talk about three elements of successful small, and the Members of the entrepreneur.

DoNews9 15 function treatises, chairman and CEO of Oak Pacific Group Distribution in Shuo Zhou Ning Chen invited Broadband Fund in a speech at the daily meeting, the following summary of the expression.
Internet business in China is a very difficult thing, the industry constantly has So business in China than the United States and other amplified countries and developing countries more difficult. However, because of numerous difficulties, we need to explore more ways to increase the probability of entrepreneurial success.
my elucidation of success here, a successful exit for undertakings, investors have at fewest 3 times the return. To this meaning as the standard,Lacoste Gravitate Trainers, the probability of a successful small commerce. How successful? Thousand Oaks made the 8 years I have been calculating about this problem, I talk here about the success of the three basic elements, and the Members of the entrepreneur.
The first element
insisted
I like to query our company's current question: in a professional, will be like that of a dulcet instrument, a amusement, to become a world-class specialists and competitive, the need to cost more time? Some students said that one hundred thousand hours, but this is clearly not persistent with customary logic, because if the mean spend 3 hours a day, then take 100 years. The correct reply is 10,000 hours, which in the best-selling writing
counted down, if it takes 10,000 hours to achieve the goal,Lacoste Running Trainers, give 3 hours a day, then reach the globe altitude level take 8-10 years. I like to ask the second question is why is the The answer is that for ordinary people, 10,000 hours of train, that person creatures insist on the restrict. Only to the limit, your competitors will gradually give up, you have probably come to the fore.
get to activity the piano, for example, you will find many people with you piano, playing piano to give up. Can be attained 10,000 hours of the few people to achieve, and if talented ample,Lacoste Trainers UK, may be the world-class experts.
So I say, the first condition of success is insistence. To be successful, you'll be left backward competitors, and this time to depend on occasionally, more popular areas to go, then you most presumable to be the final victor.
The second element
modest
start Internet companies in China, success is difficult (as defined above). At present, all their money in start-ups, to achieve this goal does not exceed 10%.
Why say modest
it? Thousand Oaks opened 8 annuals now, 8 annuals, the direction we have accomplished some success, but every time my heart was very agreeable, about instantly out of luck.
instance, we started in 2003 the wireless value-added services, monthly turnover was very lofty, the highest monthly approach 600 million, only a few dozen people for a very great company in terms of revenue, we are incited. But later, we all understand, because the whole industry, solid foundation, since 2006, our wireless value-added services, and the SP manufacture is declining quickly;
2006 年 Web2.0 boom, we are a banner message to be listed Mop shrieked very loud. However, deserving to distending too quickly, solid basis, but also shelved.
a few down my conclusion is that success is a small probability event, not come easily. Achieved initial victory, in the capability of the market and the company's own decrees are particularly vulnerable to mistakes,Lacoste Zepher MR2 Trainers, this time, we must .
The third ingredient of vigilance failure

I adore a person, Buffett's partner Charlie Munger said, area At first I did not entirely want to comprehend this sentence, but I think such a cow say this have to have its reasons to reserve the like, I recently figured it out why.
one entrepreneur,12 constellations whose intuition maximum percepti, there are two ways to enhance chances of success: First, continue to do the right object to boost the success rate, the second is to avoid the bad things reduce the failure rate. Know
most companies is how dead? Representation of the reason is because maximum money over. But money is only advent,Lacoste Finham SPM Trainers, a lot of other extra fundamental reasons because the decision. When the Chinese people in treatment is
but my idea is to address the nature of the problem very complicated, as formerly mentioned two factors, the success has forever been a small probability event, like medicinal treatment to cure is not easy. In no way solve the fundamental problem, on the first omens. Cold dine aspirin, first symptoms bring ... to an end a few days later, the body's natural resistance to the basic will be competent to obtain a chilly.
example: Ding told me in 2000, he was later listed a few weeks if we, by the time could not mall a success. Ding was not successful whether the listing so I can not differentiate what he certainly was a cow, might lose wish on the Internet, simply go to pigs instead. So the premier rule of NetEase standard treatment at namely time, money, quite a few years more, the chance comes, seize, the corporation bigger.
success since it is very difficult to do, rather than compelled to increase the probability of a small probability event, and sometimes better to reduce the potentiality of failure. Since we know the probability of failure of the Internet business is 90%, and only then several approaches guide to failure, and that if we can get it down to 80% or even 70%, equivalent to the probability of success increased by 2 to 3 times!
success namely favor a baseball player before the baseball fly over the speed of light is no easy apt make a assured along; failure is entire day long in front of the balloon slowly floated easily identifiable, but likewise simple to hit. If cared about the balloon, all the balloons are lighting, the recess is up to all of baseball, the class of the needy,Womens Lacoste Observe Trainers, proceeded to fight, an daytime you will also be kick by a baseball.
When you spend a lot of time pondering how to pursue success, leaving 10% of the time to think how to lest failure, so that you opportunities of success will be several times higher. (End)

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