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Old 05-17-2011, 11:01 AM   #1
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Default Chen Zhou almost success and the 3 elements St

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 question, I here to speak about three elements of successful small, and the Members of the entrepreneur.

DoNews9 15 feature articles, chairman and CEO of Oak Pacific Group Distribution in Shuo Zhou Ning Chen invited Broadband Fund in a lecture at the yearly appointment, the emulating summary of the expression.
Internet commerce in China is a very difficult object, the industry often has So business in China than the United States and additional developed countries and developing countries extra difficult. However, for of numerous difficulties, we absence to browse more ways to boost the probability of entrepreneurial success.
my definition of success here, a successful exit for companies, investors have at least 3 times the return. To this definition as the standard, the probability of a successful small business. How successful? Thousand Oaks made the 8 years I have been thinking 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 ask our company's current question: in a professional, will be like that of a dulcet instrument, a amusement, to transform a world-class experts and competitive, the need to spend more time? Some students said that one hundred thousand hours, but this is apparently not persistent with normal logic, because if the mean spend 3 hours a day, then take 100 years. The correct answer is 10,000 hours, which in the best-selling writing
counted down, whether it takes 10,000 hours to achieve the goal, give 3 hours a day, then reach the globe altitude class take 8-10 annuals. I like to ask the second question is why is the The reply is that as mediocre folk, 10,000 hours of train, that person creatures insist on the limit. Only to the limit, your opponents ambition gradually give up, you have probably come to the fore.
get to play the piano, for instance,Aries VS four blood types, you will detect numerous people with you piano, playing piano to give up. Can be achieved 10,000 hours of the few people to achieve, and if gifted enough, may be the world-class experts.
So I say, the 1st condition of success is insistence. To be successful, you'll be left after competitors, and this time to rely on periodically,), more modish districts to work, then you maximum possible to be the last medalist.
The second factor
modest
begin Internet companies in China, success namely tough (for defined above). At present, all their money in start-ups, apt accomplish this goal does no exceed 10%.
Why say modest
it? Thousand Oaks opened 8 years immediately, 8 years, the way we have achieved some success, but every time my heart was very good, almost now out of fortune.
instance, we started in 2003 the wireless value-added services, every month turnover was very lofty, the maximum monthly reach 600 million, merely a few dozen people for a very great corporation in terms of revenue, we are excited. But afterward, we all know, because the entire industry, solid basis, since 2006, our telegraph value-added services, and the SP industry is declining quickly;
2006 年 Web2.0 boom, we are a banner message to be listed Mop phoned very noisy. However, deserving to inflating too quick,Why are you not the enterprise ahead the 20 employ, solid foundation, 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 mall and the company's own decrees are particularly vulnerable to blunders, this time, we must .
The third element of vigilance failure

I admire a human, Buffett's associate Charlie Munger said, location At first I did not fully want to understand this sentence, but I think such a cow say this must have its reasons to keep the like, I recently diagramed it out why.
one entrepreneur, there are two ways to enhance chances of success: First, proceed to do the right thing to increase the success rate, the second is to avoid the wrong asset reduce the failure rate. Know
most companies is how dead? Representation of the reason is because most money over. But money is only exterior, a lot of other more fundamental reasons for the determination. When the Chinese people in manipulation is
but my mind is to address the ecology of the problem very difficult, as previously mentioned two ingredients, the success has forever been a small probability event,Lacoste R75 P2 Trainers, like remedial treatment to remedy is not easy. In no way solve the fundamental problem, on the first symptoms. Cold dine aspirin, first symptoms bring an end to ... a few days later, the body's normal resistance to the elementary will be skillful to get a cold.
example: Ding told me in 2000, he was later listed a few weeks if we, at the time could not market a success. Ding was not successful if the listing so I can not narrate what he surely was a cow, might lose hope on the Internet, simply go to pigs instead. So the first rule of NetEase standard treatment by that time, money, very a few years more, the opportunity comes, collar, the company bigger.
success since it is very difficult to do, preferably than coerced 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 lead to failure, and that if we can obtain it down to 80% or even 70%, equivalent to the probability of success increased by 2 to 3 times!
success is like a baseball athlete ahead the baseball fly over the speed of light is not simple to make a positive forward; failure is all day long in front of the balloon slowly floated accessible identifiable, yet also easy to hit. If cared approximately the balloon, all the balloons are lighting, the recess is up to all of baseball, the level of the penniless, continued to fight, an day you will too be hit at a baseball.
When you cost a lot of time pondering how to chase success, leaving 10% of the time to consider how to avert failure, so that you accidents of success will be several times higher. (End)
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