Shi Yuzhu Talks About Entrepreneurship: The Temptation To Resist Opportunities

The fall fell too hard, and I was engraved on it. Later, I had a creed: I would rather miss the 100 chance than the wrong one.

This is totally different from the way it used to be. In the past, we never let go of any opportunity.

In the past 10 years, Shi Yuzhu has only done three things: making health care products and buying banks.

Because Shi Yuzhu's career is getting bigger and bigger, many people also want Shi Yuzhu to play the role of venture capitalist.

Many people are looking for us on the Internet project.

If there are good, I would like to vote, some people want to vote for hundreds of thousands of people, but if the project is not good, I will not vote.

But if it is good, it turned out to be hundreds of thousands of people. I would like to spend hundreds of millions of dollars on his projects. After buying it, it is not venture capital. It is our project.

We are not afraid of spending too much money, but we need to control the risks of projects.

In order to ensure that he did not cause a catastrophe due to a temporary fever, Shi Yuzhu set up a decision Committee of 7 people in the giant investment company to vote on the nominated project.

Over the past few years, although many attractive opportunities such as cars and cellphones have appeared, they have been rejected by the decision-making committee.

A domestic car company pferred shares and found Shi Yuzhu.

Shi Yuzhu also moved, but was rejected by the decision Committee.

Shi Yuzhu was interested in the mobile phone industry, hoping to buy a domestic mobile phone company, which was eventually rejected by the decision Committee.

As Shi Yuzhu said,

There are so many opportunities in China now that you don't have to look for opportunities.

The biggest challenge for entrepreneurs is whether they can resist the temptation.

Shi Yuzhu believes that it is precisely these two refuses to allow him to avoid the possibility of another boat overturn. The auto industry has invested too much, and the competition is also highly variable. The mobile phone industry is also changing rapidly.

After the successful listing of the giant network, the media is concerned about whether Shi Yuzhu, who has always been successful, will turn to other projects. Shi Yuzhu's response is very determined:

No.

I was born in IT, and I was (Programmer) the first time.

Now, it's time to go back to IT and return to her mother's home.

Besides, I especially love playing games. My main job is playing games, and few bosses like me.

I will make full use of this.

I finally found my home, and I felt good.

I will continue playing games when I retire in the future.

At the same time, Shi Yuzhu also announced that he would retire from the management of platinum and platinum partners in order to devote more time to the giant network.

These remarks did not dispel the doubts of the media.

In 2007, Shi Yuzhu was asked: "you've devoted your whole life to online games, but you've seen so many fields in the past decade or so, you must have seen many temptations. Will it be too early to say that?" Shi Yuzhu's answer is:

I was very daring 11 years ago, but I am 45 years old. I haven't been very aggressive since that wrestling.

Now, like the size of our business, which enterprises do not invest everywhere.

I know dozens of friends who are investing everywhere.

I have been opposed to pluralism in recent years, which shows that I am timid.

I have an entrepreneur friend who has the least courage and I am the first.

Now Shi Yuzhu can finally say:

In the past 10 years, I resisted the temptation.