Start on the road to crossed the five threshold sour sweet bitter hot Entrepreneurship the dead


time back 1 years, in October 18, 2013, we issued a service. At that time, the company has only three people, founder Chen Yuanqiang, graduated a year of Shaanxi veteran Alice fat, Tencent part-time buddies squeeze 10 square meters of rooms, rely on each other, create a great cause. At this point, I met Chen Yuan for more than 10 years and invited me to go back to Shenzhen and start a business together. The ideal is full, the reality is very cruel! We are family business, for us is not to do can do the decision. I think all the people and I like to face this problem: wife, mother-in-law, parents do not understand the opposition to obstruct, child education, personal occupation development breakthrough, entrepreneurship means zero income, family life disorder, personal energy overdraft etc..

The financing amount of !

said," the TMT company is increasingly considering the Hongkong market". However, another company preparing to list itself revealed that it is not only cold in the US stock market, but also cold in Hongkong. If listed in Hongkong, Alibaba whether to decide on the market will play a benchmark role.

two years ago, the U.S. capital market is not calm, and influence of VIE events on the domestic company’s short mechanism of attacks and China stocks of financial fraud and other unfavorable factors appear one after another, repeatedly hit, the exit path of risk investment is becoming more and more narrow, only in 2012, vip and YY companies successfully landed U.S. stocks.


most people pursue comfort and comfort, people are used to animals, it is difficult to give up the advantages already exist, so many people called dreams and entrepreneurship is a false dream. If you choose to start really, you have to cross the five threshold


entrepreneurship, death cycle,

meeting in Hongkong in February 6th, easy media CEO Yan Fang Jun already feel the Hongkong stock market for listed companies to Chinese more and more attractive". This feeling turns in a week after a real and slightly regret the decision, show in front of the public, the media market in the United States to revoke the application at the same time, also proposed that contact with other suitable place of listing, and put emphasis on Hongkong.

was so lucky that after 14 years of work, he made a milestone in his life. In May of this year, his family moved to Shenzhen, where I stayed 5 years ago, and started a new life!

on February 2012, Yi media submitted the IPO initial public offering application document to the securities and Exchange Commission SEC. Prospectus shows that easy media 2009 net income of $10 million 790 thousand, in 2010 was $27 million 270 thousand, 2011 was $50 million 670 thousand, nearly three years of compound annual growth rate of 117%.

as the first batch of Internet Co such as Sina, Sohu NASDAQ after making the rich stories, and are willing to tolerate the loss listed high valuation of technology companies, the U.S. stock market has become Chinese entrepreneurs in the "dream", a lot of entrepreneurs and even to visit the NASDAQ as a lifelong dream.

exit path narrowed, entrepreneurship project chain broken, more and more Internet concept companies want to seek a breakthrough.

, the reason given by the company is "the timing of the listing from the United States is now, and it is expected for quite a long time is not ideal."".


13 years, I have been more than 10 thousand people in three companies Tencent, Shanda, shop No. 1, the larger the enterprise the more detailed division of labor, the existence of individuals and a sense of accomplishment is fuzzy, is reduced; the larger the enterprise system more weight, flow is longer, less efficient, effective working time more personal shorter, grow more slowly, especially the managers, not down to earth day meeting to discuss the strategy, communication, reporting, performance, budget, let us do the Internet 10 years people very insecure. At work, things that are difficult to change can be taken back to the family and friends around you. So this is the first reason to convince family and himself: what the hell do you like? I remember to leave the shop No. 1 and founder Liu Junling to dinner, he told of his time after the venture does not belong to you, sacrificing a lot of hobbies, often at night 3, woke up at 4 can’t sleep, really start very bitter. I asked, "if you choose again, will you still start a business?" "yes, it’s an experience that makes you feel that life is not white."". I said, "then you shouldn’t discourage me from starting a business."".


Entrepreneurship: make a decision

The first hurdle

titanium media note: This paper is multi backup CEO Hu Maohua for their entrepreneurship experience summary, when 1st Anniversary start-up companies, decided to write an article to review the business decision, determination and practice experience of the five step, motivate yourself, and share them all and are ready to start business colleagues, and authorized the seven author Nan Ti media published.

in the exit channel so cold case, rely on venture capital "pile" up China technology, Internet, new media business chain, is experiencing an out and out bloodbath, including a lot of investment funds, and waiting for them may be integrated more bloody. And what is more terrible is that the vicious cycle has emerged: old boss can not be listed, but also led to China’s entrepreneurial forces can not get away, wrapped up step by step.

the decision to start a business is to follow your heart. Never mind your thoughts, speak them, and practice them!

Yi media is not high – at most $100 million. But an insider said that even if the "little money" can not achieve the goal, then the current U. S. stock market is too cold.

Yang Yang


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