Kai-fu Lee 3 questions approximately entrepreneurs

star entrepreneurs vocational directors are more difficult route, this time, the stars in front of CEO Kai-fu Lee have 3 questions. The premier answer namely the business model, professional managers in massive companies accustom a sophisticated model and the operation of the doors broad open, their own affair apt the affair model will fall into the error? Second question, the author and attempt chief behind the honeymoon duration, how apt achieve sustained and stable win-win location? Third Question: logical, emphasizing professional vocation executives tin actually build a
Kai-fu Lee in

Kai-fu Lee: We bet that I am able to see clearly those engineers, entrepreneurs and motifs, and then I bring them together,GHD Hair Straightener NZ, to this I think I may have very few people can match me The. In my early stages, we salute you with a project in, but the project contribute,GHD Purple Butterfly 2011, this is not your project, you come in the future, you and everybody another, we all vote, the election to the project, of lesson you can do, the election less than a this project, we will not do, if you say, I am going to do this project, my life I have to do this project, I do not do something else, apologetic! At this stage, we do not favor saints, I can recommend to you or Lei Jun Feng.

Kai-fu Lee: We intention to begin as presently as likely should be said that some small, cool, well, act something significant, I think I should not, and Google, Baidu, Tencent, or Ali Baba, as the tournament, and I think my role should be effortless to create a lot of friends, all of the VC should be very like us, I think we did even a few companies came out, regional or multinational companies, may all the We hatch out of the company bought in the past. In truth, many diplomatic companies angel investors, and finally their exit machinery is not listed, but to sell. I think maybe I sold several companies, it will slowly create it better.
friends,GHD Precious Gift Set, until they found a web of entrepreneurial resources are not really proficient to assist friends.
Kai-fu Lee: I do not really think there is a problem because I am more presumable to confidence my own brand and is a agreeable network of people, at least in the disjunction does occur, it is immediately online scolded me people are still relatively small. I think my own aptitude, my additive is my maximum expensive thing, if a company, the establishment of his culture, these asset still needed. I will need some people to help me do some things more instantly, what rent, finance hardly evermething, but I'm really a very independent person, otherwise I would not speak almost their own lease, buy their own domain name. I went to Google, I came to China,GHD IV Dark Straighteners, I took engineers, they will not work in China, I do their secretaries, I think these are not a problem.
cycle may be longer, venture capital to exit?
Kai-fu Lee: But they balloted. First, I muse the asset can be longer than 7 years and seven years we have seen return. We do no entire leave after seven years, merely it should have been awarding, I anticipate there will be the fourth alternatively fifth year. Innovation is our plant owned (entrepreneurial companies) dry stock, it have to be pulled out of a unattached subsidiary, listed, or be procured, can we get the money, so be operational five years, it method that the third year look some money, the fourth annual will see a lot of money, the first five years will see more money.

Kai-fu Lee: Maybe this is it, but I mistrust how many I was marble hard? I think I will give several definitions hard, first, I can not get rid of the performance of poor human to open? There is not doubt, in the elapse I can. Second, I can do some immoral entities to bully opponents, this I can not. Third, I can not contrast things to do localization? I absolutely can. Fourth, I will work hard, and then ask workers to work hard? I will. Fifth, I will not pound the chart curse? I will not. Sixth, I will not use quite rigid criteria to narrate people, whether you approach this, there will be serious consequences? This I will. So this is a equilibrium bar.
or I think successful entrepreneurs who worked hard, and it's driven by passion, not from poverty, you have not seen an entrepreneur, because he was poor, so successful? Must have passion, possibly he is not poor. Looking back my past career, I tried, that moment when I have a enthusiasm that I have written doctoral monograph, I built at Microsoft Research, I was at Google, when I get back my passion, not in the last two years, not Google, but the first two years more, because it is a enterprise created from scratch, the process of establishing a conception,GHD Benefit Straighteners, mention the past week know next to nothing of,GHD MK4 Kiss Straighteners, I merely sleep 4 hours, but I have not weary, but sometimes when I work is very boring, annoying, I Tang Chuangshang slept ten hours attach, or do not ambition to work.