Money Is Not The Decisive Factor In Starting A Business.

Too much money is risky. There should be more training and social training.

Since then, after a rigorous selection, a small amount of venture capital has been invested. Once the "fire of entrepreneurship" has been ignited, the whole forest has been burning. How many of them have finally succeeded?

Shen Napeng, founder and executive partner of Sequoia Capital China fund, has some tendency to overinvest in the investment market of domestic venture enterprises. He warned students that entrepreneurship should be slowed down and should be well prepared.

Ren Zhiqiang, President of Huayuan Group, believes that the excessive love of money for young entrepreneurs may eventually be counterproductive.

At the Boao Asia Forum's entrepreneurship and dream conference, many entrepreneurs will worry about the entrepreneurial market today. They believe that money is not the decisive factor to solve the problem of entrepreneurship, and it is possible to cultivate irresponsible entrepreneurs.

Is it possible to accommodate 50 Econo Hotel brands?

Surely not.

Quite a number of them will fall down, which is to be expected. "

A few years ago, many people regarded Shen Napeng's "home like" shortcut as a new business mode, so a lot of money came in.

Finally, in the Econo Hotel section, there may be 2000 opening of Nuevo Hotel in one year.

This is not reasonable for Shen Napeng.

He believes there will be more money coming to China to find entrepreneurs and entrepreneurs, but this is not necessarily good news.

Because a large number of start-ups are not planning to enter the market, some venture enterprises have more than 100 times the price earnings ratio.

In the end, it can only waste resources and produce no GDP.

I have seen the overinvestment and excessive competition of venture enterprises, of course, real estate is not included in it.

Shen Napeng said.

"Too much money is risky," he said. "There should be more training and social training."

After that, a small selection of venture capital is given through strict selection.

Tang Min, Deputy Secretary General of the China foundation for reform and development, observed that even in foreign countries, angel funds are cautious about investment, and the success rate is not high.

Perhaps the entrepreneur's mentality should be slowed down. Shen Napeng thinks that most businesses have to explore for many years from entrepreneurship to success. A simple assumption is that if they had not worked in Wantong before, their chances of success would be reduced by half.

After all, not everyone can be Bill Gate.

Ren Zhiqiang also believes that money is not a panacea for entrepreneurship.

Especially for young people, the huge investment in the sky can only cultivate irresponsible entrepreneurs.

In the early days of Ren Zhiqiang's pioneering work, only 200 thousand yuan loans guaranteed by the government and a jeep that could not be driven without moving.

Pan Shiyi, chairman of SOHO China, was looking for a fortune in Hainan more than ten years ago.

6 initial entrepreneurs found it hard to find a financial institution. The interest on borrowing money was as high as 20%. They also had to earn half of their profits with the owners.

It was in such a harsh situation that Pan Shiyi and his 6 men worked together to earn the first 1 million yuan.

After that, the young people have the opportunity to develop in Beijing.

Now, there are government attempts to start entrepreneurship education, but it is not enough to give money.

Now the Shanghai university students' technology and entrepreneurship foundation is exploring the way in which small businesses have gone through the early stage of entrepreneurship, and some of their money has shared risks with enterprises.

The lack of "entrepreneurial power" is not enough for the "sheep" of the "goats" because the Goats need to shoulder more responsibilities, while the fat sheep do not have to be responsible for the group.

This is Ren Zhiqiang's theory.

Just like in many TV shows now, we must let participants decide to "head sheep" and invest again. This is a training for entrepreneurship.

Entrepreneurship and money making are not simply equal.

In the impression of Zhang Yue, President of air conditioning, the most frequently asked question is, "what is the easiest way to make a fortune?"

He believes that this reflects the impetuous mentality of entrepreneurs and the lack of entrepreneurship.

"I found many academic start-ups in Israel. Only Sequoia capital invested 30 start-ups in Israel, and 5 of them sold to CISCO.

From a certain point of view, the development potential of technology-based start-ups is endless.

Shen Napeng believes that Chinese enterprises will have the ability to challenge CISCO because HUAWEI has technology, which is also lacking in most Chinese entrepreneurial enterprises.

Ren Zhiqiang agreed with the rationality of the venture fund. The key problem now is how to use similar funds, because entrepreneurship and entrepreneurship are more important than entrepreneurship.

Otherwise, entrepreneurs will be irresponsible.