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The Year of the Tiger entrepreneur | rational 1962 generation

Entrepreneurs born in the Year of the Tiger, represented by Taiwan's Taiwan in 1950, Wereerg Gou and Wu Qingyou, foxconn and Eslite Bookstore are witnesses to the rise of the "Four Little Dragons" in the 1980s and 1990s. In 1974, the most famous Chinese entrepreneur was Liu Qiangdong, who founded JD.com. Sandwiched in the middle, 1962 was a moment of collective emergence of Chinese entrepreneurs.

Source | China Entrepreneur Club

The Year of the Tiger entrepreneur | rational 1962 generation

The entrepreneur of 1962 is 60 years old this year, entering the fifth year of his life.

Chinese mainland 1962 students, in the vibrant high school years encountered the 1978 college entrance examination recovery, unlike the 1960 and 1961 students, they have more time to prepare for the college entrance examination, excellent young talents can be more calmly admitted to the university campus, after graduation is also assigned to a decent job. In 1992, when the "spring breeze of reform blew all over the ground", the 30-year-old left the system at the age of youth and strength, joined the tide of starting a business, and became a group of main forces of the "92 faction".

The Chinese entrepreneur in 1962 can be called the "bully tiger" among entrepreneurs: Yu Minhong, graduated from Peking University; Yin Tongyue, graduated from Hefei University of Technology; Shen Guojun, graduated from Zhongnan University of Finance and Economics; Wu Lebin, graduated from Nanchang University; Zhang Wenzhong, graduated from Nankai University, Chinese Academy of Sciences, Stanford University; Zhu Baoguo, graduated from Henan Normal University; Shi Yuzhu, graduated from Zhejiang University...

As the first batch of college graduates after the reform and opening up, their words and deeds reflect the responsibility of the industry, and focus on the main business to exude a rational charm:

【1962 "Learning To Bully Tiger" · Wonderful views】

1

Zhu Baoguo

(Director of China Entrepreneur Club, Chairman of Jiankangyuan Pharmaceutical Group)

· For a business, whether it is managed well or not is not important to whether it is a family business itself, what matters is whether you are still using the family model to manage. In fact, many non-family enterprises are like family management, engaging in "one-word hall" and no supervision mechanism. Therefore, looking at management can not only look at the surface, family-style enterprises are not necessarily family-style management, family-style management is a monopoly, do not comply with the law of the market.

· Investing things, I'd rather be slower. My principle is that others use 1 yuan to do 5 yuan things, while I Zhu Baoguo use 1 yuan to do 5 dimes of things, leaving 5 dimes to resist risks.

· Leaving more money to do less is the strategy of the company's growth period.

2

Wu Lebin

(President of Enterprise Green Development Research Institute, Vice Chairman of China Entrepreneur Club, Chairman of China Science and Technology Innovation Investment)

· Scientists are keen on innovation, entrepreneurs focus on making things, investors focus on making money, how these three work at one point, is the problem that we need to think about the transformation of our achievements.

· We human beings have experienced the first three industrial revolutions, the first mechanical revolution, the second electric revolution, and the third information revolution, liberating people's physical strength, and then liberating people's perception. My personal view is that the fourth industrial revolution is coming. If you have to find a concept or definition, then I think it is green development.

· The so-called "green development" is to use the least carbon emissions and disturbances to the environment to achieve the greatest demand for material and spiritual life.

3

Zhang Wenzhong

(Director of China Entrepreneur Club, Founder of Wumart Group, Chairman of Multipoint Dmall)

· The integration of online and offline allows retail enterprises to meet the challenges in the Internet era and truly go out of their own way. Deepening on the basis of digitalization is a development direction for enterprises in the future.

· The biggest challenge at present comes from the technological revolution: both the revolution of the Internet and the revolution of artificial intelligence. At the same time, the biggest opportunities come from the technological revolution. At present, it is becoming clearer and clearer about the changes that the technological revolution in the real economy can bring.

· To see whether a retail company truly embraces digitalization and whether it has truly achieved transformation, the core indicator is the proportion of sales accounted for by the APP.

4

Shen Guojun

(Director of China Entrepreneur Club, Chairman of Yintai Group)

· When there are many funds and resources, when many people are around you, you must be more sober!

· Many people like to do addition, but in fact, it is more important to do subtraction. In the process of business operation, it is inevitable that there will be errors in judgment, at this time we must learn to take the initiative to subtract and learn to give up. If a project or an investment makes the entire enterprise "indigested", it should be decisively abandoned.

· To oneself to be "righteous"; to him to "make peace"; Yu Li wants to "share".

· Don't swell, always put yourself in a clear position, act in a low-key manner, and the individual entrepreneur is very small compared to the whole society.

5

Yu Minhong

(Chairman of New Oriental Group)

· In 1991, I was very comfortable at Peking University, but my heart was full of confusion and pain. I felt like something was always missing from going on, and I was determined to come out.

· Interests are not terrible, what is terrible is to consider your personal interests or the interests of the country under what position.

· People have several "knowledge" in their lives: one is knowledge, which is not high or low, we know; there is also courage, which shows that you have courage; and there is insight, insight and knowledge have nothing to do with knowledge, insight is very important, and the level of knowledge is related to different people and experiences you have seen.

· I have made a new definition of entrepreneurship: under the premise of insight into the development trend of the world economy, politics, culture, and technology, we have a business vision that understands the needs of society and people, find a suitable business model, and continue to provide products and services that are popular in the market. It is the responsibility of entrepreneurs to promote social progress and improve the happiness index of the people.

6

Yin Tongyue

(Party Secretary and Chairman of Chery Automobile)

· In the past, we thought that technology was more important than anything else, and proposed to exchange the market for technology, but if it could not be exchanged, foreigners would not let you learn technology; second, it was useless to exchange it, because technology without a system was ineffective. I am now sorting, brand first, system second, technology third. The basis of the brand is quality, the basis of quality is the system guarantee, the basis of the system is the standard and process, and vice versa.

· We ask ourselves repeatedly, where is the future? Where is the comparative advantage? Who is the customer? What are the reasons why others are buying your things? You can't always rely on patriotism to let people buy your low-quality things.

· (About technology research and development) We should write dream of the Red Chamber, not short stories

7

Shi Yuzhu

(Chairman of Giant Network)

· Be good at summarizing in a timely manner at the trough, especially formulating a set of rules and regulations. Because when you recover, the rules and regulations you make are often unreasonable again, so it is most reasonable to make rules and regulations at the lowest point.

· Often people who are not high level appoint themselves as strategists, because that thing is invisible, untouchable, and cannot be confirmed. The tactical problem is that what you do is what you do, and what you can't do is that you won't do it.

· A company should establish such a cultural atmosphere, that is, whoever has strong execution will have a high status, rather than who has a good idea and who is strong.

· Stare at other people's fields frequently, and your own fields will be abandoned.

(Inventory: China Entrepreneur Club)

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