Chapter 853 Question
“Boss Xu, uh, hello, Mr. Xu.”
With a burst of laughter, Zhao Liang scratched his head and became bald in worry.
Seeing that Xu Liang didn't care, he calmed down and continued.
“I am a junior student in the School of Computer Science, and my name is Zhao Liang.
The question I want to ask is that there are too many Internet startups. There are six, seven, or even a dozen companies competing in each track.
As latecomers, how should we find new paths if we start a business? ”
As a reborn person, Xu Liang also brought over some words from later generations.
For example, ‘track’, ‘empowerment’, etc.
He often Hongmeng talks about it internally, and then Hongmeng also talks about it internally when promoting it to the outside world
Slowly, the whole of China and even the global Internet subconsciously adopted it.
Taking the new microphone handed over by the staff, Xu Liang smiled.
“I believe that this student Zhao’s confusion is also the confusion of many students present.
I feel that there is no direction to start a business.
The entrepreneurial model that I have worked hard to study is now When I searched online, there were already pioneers
So the enthusiasm has cooled down by half.
I tried hard for a few weeks, but to no avail. Coupled with the rumors surrounding me, I gave up completely.
After all, games are really fun, and it’s also fun to fall in love with your girlfriend.
It would be nice to be able to sleep in if you have nothing to do.
Why bother starting a business?
So we can conclude that one element is necessary for entrepreneurial success.
Persistence.
Only by sticking to your own ideas and constantly summarizing experiences and lessons can you be successful.
Take myself as an example.
When I founded Hongmeng, I decided that the main industry of Hongmeng in the future would be Internet search.
But at that time, the top Internet search companies in the global market included Google and Altavista abroad, and Baidu in China.
Compared to technology and users, they surpass Bing.
But so what?
I see the huge potential of Internet search in the future. If I don’t work hard, it will be a huge regret in my life.
And I never like to have regrets.
So I kept throwing money, and all the money I earned from Internet games was invested in the development of Bing.
The result is that our technology is getting better and better, and our users are getting more and more.
Companies that were once ahead of us, whether Google or Baidu, are now under our control.
Bing is now the world's number one search engine, with the world's largest index database of more than 5 billion web pages, and daily traffic of more than 1.9 billion.
We cooperate with more than 90 million merchants.
Valuation exceeds $60 billion.
It is the world's largest unicorn company.
The initial persistence paid off huge rewards. ”
Crash….
Applause sounded.
After calming down, Xu Liang changed the subject.
“But some students have said it.
Hongmeng has revenue from Internet games and can spend money to grab the market and grab customers. We are a startup company with nothing, how can we compete with leading companies?
Classmates, what do you think of starting a business?
Having everything ready for you to eat comfortably
NO.
Entrepreneurship is a war in which you risk your life and invest all your resources, time and energy.
A life-and-death war.
If you have any hesitation, don’t start a business, just find a class safely.
Really.
If you are not a lunatic or a fool, don't start a business. "
Looking at the quiet people around him, Xu Liang continued with a smile.
"Do you think what I said is exaggerated?
Not at all actually.
You can simply think about it, your parents, your family and friends who are already working around you, they work very hard every day and only earn a few thousand yuan every month.
Now you want to start a successful business and make millions, tens of millions, or even hundreds of millions, and then you want to get it easily.
Do you think it’s possible?
Impossible.
I especially like the sentence in "The Beheaded Queen", all the gifts given by fate have a secret price.
The translation is, if you want to get, you have to pay.
What you get is proportional to what you give.
No one can achieve success easily.
Unless your ancestral tomb explodes and smokes, it will not work. "
A sudden sentence made the tense atmosphere relax a bit.
" Let’s go back to the question raised by classmate Zhang just now.
You should stick to the entrepreneurial direction that you think is right. There is no entrepreneurial model that can be proven once and for all and stick to it all the way.
All entrepreneurial successes are almost achieved on the basis of constantly summarizing experience and lessons, and constantly adjusting one's business model, management mechanism, and profit model.
Entrepreneurship is never a one-and-done thing.
I've finished talking, I hope it can help you. "
"Thank you Mr. Xu, thank you very much. "Zhao Liang said quickly.
Xu Liang nodded, turned his eyes, and gave the painting tube in his hand to the tall and thin man who was nearest.
The other party stood up with surprise on his face.
"Hello Mr. Xu, my name is Hu Guangxin, a sophomore majoring in financial engineering. I am a loyal fan of yours. I have read all your investment cases. You are definitely the top financial genius in the world."
“Thank you.
I didn’t expect that a big man like me, who is afraid of society, also has fans.”
After making fun of himself.
"Student Hu, time is precious, and there are many students waiting behind you. How about we talk about your problem first?" Hu Guangxin nodded quickly, "I would like to ask, what have you done in finance over the years? Do you have any secrets about your success in investing? ”
“The secret?
Of course”
This sentence made the eyes of everyone studying finance around me light up.
But they were obviously happy too early.
“My investment secret is intuition based on detailed data analysis.
When I make investments, I usually ask the company to provide all the information and financial data of the investment project as much as possible. Find them all for me.
After reading them in detail, I will make an investment based on my own judgment.
My intuition is often very accurate, which is a gift.
So no one can learn my secret.
And what I want to tell you is, never believe in any investment secrets. There is no secret in investing.
Even the so-called value investment, which is very popular now, cannot guarantee that you will actually make a profit.
For so many years, there has been only one Buffett in the world, and it is not without reason.
Therefore, if you are not a financial professional, it is best not to touch investment.
Even professionals need to be cautious.
Moreover, I have always insisted that there is no investment strategy in this world that guarantees profit without loss. If I have to talk about a method, it is data analysis.
Collect financial data, operating data, etc. of investment targets as much as possible.
The more comprehensive the data you search and the more thorough the analysis, the greater the likelihood of your investment being successful.
This is a methodology suitable for most investors.
I hope my answer can help you. "
"Thank you, Mr. Xu. ”
Hua Luo handed the microphone to Xu Liang.
Shua.
This time there was no need to shout, and countless people raised their arms.
Xu Liang took a few steps forward and handed the microphone to a girl who looked good.
"Mr. Xu, I am Wang Qian, a junior in the philosophy department.
The question I want to ask is, many people now compare you to Bill Gates, Steve Jobs, Larry... Entrepreneurs like Ellison prove that reading is useless.
Reading too much can kill creativity.
What is your personal opinion on this? ”
“Good question.
Because many successful first-generation entrepreneurs in our country have not read much, the theory that "reading is useless" is very popular in society now.
However, anyone who advocates the futility of reading is either stupid or bad.
Why do you say that?
China in the 1980s and 1990s was a reckless era with severe shortages of materials.
In that era, as long as you had certain execution capabilities and were good at discovering opportunities, you could achieve success.
Many peasant entrepreneurs were born in this era, such as Lu Guanqiu of Wanxiang, Zhou Furen of Xiyang Group, Tao Huabi of Lao Ganma and so on.
But this is a specific event in a special historical period.
If you look at the data carefully, you will find that after entering the 21st reality, almost all successful entrepreneurs have a college degree.
The founders of Sina, Sohu, NetEase, Hongmeng, Alibaba, and Penguin all have undergraduate degrees, and even master's degrees and Ph.D.s from prestigious universities.
Why?
Times have changed.
After nearly twenty years of development, China is no longer in an era when materials were scarce and everything could be done successfully.
But it has become an era when material wealth is abundant and people begin to pursue the quality of life and quality of life.
In this era, if you only know how to work without thinking about the changes in the general environment, you will not be successful.
To be absolutely honest, if you don’t study, you may not even know what the Internet is. How can you start a business?
Also, the example given by student Wang just now said that neither Bill Gates nor Steve Jobs went to college.
This conclusion is both correct and wrong.
The correct thing is that we did not study. After I was admitted to CAFA, the total time I spent in class in the four years in total was no more than one week.
Bill Gates and Steve Jobs both dropped out.
But first of all, we all went to college.
The reason why I did not continue reading is because we all have our own careers.
In other words, we have all succeeded in starting a business and have the foundation to survive in society.
Reading or not will not help us much.
The school cannot provide us with the knowledge we need.
It is better to save time and study by yourself in the later time according to actual needs.
This combination of theory and practice can help you learn more solidly.
So, you can stop studying or even drop out of school, but the premise is that you already have your own career.
If you say: I just want to burn everything and spend all my time starting a business.
I respect you as a man.
But I won’t invest in you.
Because of gambling-style entrepreneurship, there is almost no possibility of success.
Unless your ancestral grave is on fire.
It’s not even smoke, it’s burning. ”
Listening to the roar of laughter around him, Xu Liang continued with a smile.
“I believe that the vast majority of ordinary people do not have this luck.
So for 99% of ordinary people, especially children from ordinary families in rural areas, studying in college is the most important thing. The only chance to change your destiny.
To give another very simple example,
for all my companies, a bachelor's degree is the basic stepping stone.
(End of this chapter)