Winning Zhou Yu'S Entrepreneurial Life In China
In the past 9 years, they have never worked with investors, nor have they had any contact with venture capitalists, nor have bank loans. Basically, they are rolling development.
The feeling of contacting with venture capitalists for one year is that they can also afford the trust of others when they invest money.
7 million how to use it?
Zhou Yu has long been... Zhou Yu, 35 years old, graduated from Yizheng chemical fiber technology school in 1989.
Shandong Weifang people, general manager of Weifang Shu Yan Products Co., Ltd.
In 2006, "win in China" runner up.
The five finalists were the only "overseas hyenas" without overseas backgrounds.
His pioneering project is to carry out ladies' chain stores in the whole country, and introduce household products, beauty care and women's personal life care products.
Zhou Yu is the two marketing leader. The first thing is "attack". The second thing is "brainwashing" and "attacking" to make your client fall in love with you.
Four elements of entrepreneurial success: passion, methods, rules, and gratitude.
Happy and entrepreneurial ABCD:A. direction -- choose hobbies instead of utilitarianism.
B. amplitude - choose fewer, not more, one-way breakthroughs.
C. mentality - choose easy rather than heavy, lose and win, gain and lose, advance and retreat, take advantage and give up.
D. load - choose to share rather than monopolize.
Zhou Yu held the NOKIA phone that was long enough to enter the museum and wore a traditional dark blue coat.
The hero, who flew all day, told reporters that the biggest change he had made in a year was "people are getting older than before."
700 million yuan venture fund soon put in place, Zhou Yu told jokingly, "you see the gang of beggars, the ability to organize is not worse than the emperor, why is a beggar, an emperor, because the platform is different.
In the past year, Zhou Yu has spent nearly 1/4 of his life working on the $7 million venture fund.
Zhou Yu told reporters that in the past 9 years, he has never worked with investors, nor has he had any contact with venture capitalists. Bank loans are few and basically rolling development.
The feeling of contacting with venture capitalists for one year is that they can also afford the trust of others when they invest money.
7 million how to use it?
Zhou Yu has long had plans, 20% is to reserve funds, 30% is the cost, the other 50% will be used for product lines and acquisitions, through the cooperation and merger with some female item company, accelerate the speed of opening stores.
Since there are so many plans, why does the 7 million yuan venture fund have not yet been put in place?
After a year of running in, Zhou Yu deeply understood the rigorous work of venture capitalists.
Zhou Yu and the venture capital IDG, who are responsible for negotiations, have been negotiating from the very beginning, according to the standard process. Because of Zhou Yu's own assets appraisal, the negotiations between the two sides have been delayed until now.
"Basically, the result is that venture capital will take up 15% to 19% of the shares of the new company. It is estimated that the national day will be fixed."
After a round of negotiations, Zhou Yu also realized that 7 million of the VC was very different from the 7 million he had collected.
The most important point is that the platform will be different, which will benefit the regularization development of enterprises in the future.
Zhou Yu jokingly told reporters, you see the beggar Gang, the ability to organize is not worse than the emperor, why is a beggar, an emperor, because the platform is different.
The platform is different. What kind of things you want to do will also be different.
The ultimate goal is to go public.
Zhou Yu told reporters unequivocally.
In 3, Zhou Yu, the 500 chain store in the country, said that the biggest achievement was: "I have known a good group of friends, my ability has been improved, and I have a clearer view of myself."
If we do not participate in the "win in China" and do not get 7 million of the VC, our development will be slower than two years.
Zhou Yu recognized the role of the platform for winning in China.
Zhou Yu is doing the business of making women's money. Before entering the competition, the two brands of "experience" and "Yoshi Mei Di" have already taken a place in the high-end underwear industry of women, with sales of tens of thousands of yuan each year.
Participating in the "win in China" competition, Zhou Yu said that the greatest achievement was "knowing a group of good friends, improving their ability and seeing themselves clearly, and at the same time saving a lot of advertising fees. It also helps a lot in recruiting teams."
The project of Zhou Yu, who followed the wind, is still his entrepreneurial plan - "Ladies' products community chain store".
He hopes to set up 500 chain stores in the country in 3 years.
Through these channels, Zhou Yu should advocate "experience" ladies underwear and "Yoshi Mei Di" home dress, while acting on some other famous brands, targeting customers to high-end consumer groups.
"China's market is very large, especially in some vulnerable cities and the surrounding areas. If we are good at observing, we will find that opportunities are everywhere."
The biggest change in a year?
The pressure is heavy, the responsibility is big, the invisible pressure pushes you to run forward, the human is older than before.
Zhou Yu told the reporters bluntly.
Zhou Yu has become a public figure. "Over the past year, there have been more than 50 public lectures, awards and other public events."
Zhou Yu's every move has attracted the attention of entrepreneurs and fans all over the country.
"Over the past year, there have been more than 50 public lectures, awards and other public events."
Zhou Yu said.
Zhou Yu was a member of Weifang Youth League entrepreneur. He was elected Deputy Secretary General of Weifang Youth Federation by an absolute majority at the beginning of this year.
At the same time, letters from all over the country continue.
In the past year, he went to Jiangsu to help Jin Zhou, who was the top five, and was invited by the Jiangsu Salt Industry Bureau to talk about entrepreneurial experience. He went to [FS:PAGE], Ningxia and Sichuan to be the judges of the entrepreneurial selection program. He went to Guangdong to tell MBA class about the actual combat courses.
In the past year, the turnover and profit of Zhou Yu company has increased by more than 40%.
The chief executives of the enterprises will put 80% of their energy on the competition, especially whether the small and medium-sized enterprises will affect the development of enterprises.
The answer given by Zhou Yu is negative. Over the past year, the turnover and profit of Zhou Yu company have increased by more than 40%.
Zhou Yu's goal now is to strive for the top three in the industry.
"An important job is to tell my business model to my company and let them help me improve again. Second is recruiting new projects."
Zhou Yu is very much agree with a sentence: any job is divided into three kinds of people, the first is the craftsman, only know how to work; the second is a scientist, will be brain computing; the third is an artist, free and easy.
He is confident that he has reached the level of an artist, and thanks to his mature, strong and capable team. During the entire competition, some of the company's affairs can be handled only through SMS and e-mail.
And since the success of the competition, the company has become more cohesive. So far, the turnover and profit of the company have increased by more than 40 compared with the same period last year.
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