UMT Maker (7): Zhang Zhifei “Nugged Gold” on the Internet

[Editor’s note]“Maker”The word comes from the English wordHacker/Maker, refers to people who work hard to turn various ideas into reality. We advocate an innovation culture that respects originality, symbiosis and win-win, tolerates failure, and is open and shared. We hope that in“Popular entrepreneurship and innovation”6619_6654

[Autobiography of "Nuggets Three Boards"]"Nuggets Third Board" is a product designed to provide full-service services for New Third Board investors, researchers and practitioners. Provide users with comprehensive data query, research information subscription, interactive communication community and equity crowdfunding services. This project is supervised by Associate Professor Song Guoliang of the w88 casino of Finance of w88 casino, w88 casino of Finance of the University of International w882015Zhang Zhifei, master of finance, was in charge and worked with the team to complete the development and won the first China "Internet+"Gold Medal of College Student Innovation and Entrepreneurship Competition。

[Dialogue Guest] Zhang Zhifei, w88 casino of Finance, w88 casino2015Master of Finance

[Summary of opinions]

Voice of Huiyuan: “What kind of Internet+Can the project win a national gold medal?”

Zhang Zhifei: “Generally speaking, when starting a business, you spend most of your time depressed”

“I am now starting a business for the second time. The first time I started a business was in2013Year tutoring for the postgraduate entrance examination. ”

“There are so many outstanding talents at the University of International w88 and Economic Cooperation. Many of their ideas are better than mine and better than mine. However, when many students actually implement them, they dare to think but dare not do it.99%w88 casino’s all like this, very few are willing to work together. ”

1. Decrypting the "Gold Award": Simple but effective "Nuggets Three Boards"

“Relatively speaking, everyone will understand our project very clearly because w88 casino is a relatively simple project. But w88 casino is still very effective in operating in the market.”

I will first give an introduction to my project. Everyone will be very interested in what kind of Internet+Can the project win a national gold medal? Our project is the Internet+How to add the project to add the New Third Board? Currently, w88 casino is divided into four sections. The first section is the New Third Board community. The second one is our equity financing. The third one is investor relations management. The fourth is the assembly line for the third board listing. Generally speaking, w88 casino is divided into two parts: online and offline.

The online part is the New Third Board community, which has two modules. The first module is very simple, but we have verified that w88 casino is very effective in the market. What is w88 casino? That is, we will provide investors and financiers of the New Third Board with information, news, and market trends on the Third Board, including annual reports, announcements, aggregation of selected articles from all public accounts on the Third Board, and videos on the Third Board. In this way, we serve as a tool as an entry point, coupled with our New Third Board community, so that everyone can see things in w88 casino, and also chat. This is part of the NEEQ community.

The purpose of doing this part is to attract investors and financiers from the New Third Board and attract a lot of traffic. Then realize w88 casino through equity financing. Equity financing is the hottest trend in Internet financial entrepreneurship right now, which is also the equity crowdfunding that everyone is very familiar with. What is the concept of w88 casino? We allow small and medium-sized enterprises to sell their shares through our platform, and then raise funds from the public, thereby solving the problem of financing difficulties for small and medium-sized enterprises, and also solving the asset allocation problem of some of our current middle- and high-net-worth individuals. The whole thing is the New Third Board community plus equity financing, thus completing a good closed loop. Of course, we now intend to expand the investor relations management sector. No one in the market has done such a sector yet. Now whereverAStocks are still on the New Third Board, and investor relations management is all done offline. We intend to make a new attempt to move this thing online. We have roughly made four main modules, which will be put online and on the pages of individual stocks, so that the board secretaries of the New Third Board can freely manage investor relations.

I just talked about our online business, now let’s talk about our offline business. Because in view of the online business we do, we now have a certain reputation and brand in the entire New Third Board circle. Basically, if you are a more experienced person in the New Third Board circle, you should all know about the Nuggets Third Board. In view of this situation, we can do some consulting, coaching, and consultation offline, including issuing our own leading funds for investment, so as to combine online and offline to create a comprehensive and professional third-party service platform for the New Third Board.

2. “Professional” team: “The average age is30Under the age of 20, but with relatively long working experience”

Because my time is limited today, I will simply skip these and talk about my current team. I am the University of International w8815Graduate from the w88 casino of Finance, I have started a business before, I am in201320718_2085721Personally, currently, the people we recruit for each business module are very young, with an average age of30Under the age of 20, but with relatively long working experience. Basically, they have worked for five or six years after graduating from a bachelor's degree. They are also very professional in this field. This is probably the case for the entire team at present.

3. Profit model: equity financing

What everyone may particularly want to know is that the most important thing for every company is its profit model. In fact, our profit model is really very simple. That is what we did before. Whether w88 casino is the New Third Board community or the instrumental services we provide, we do not intend to make a profit. We invest a lot of money in w88 casino and want to provide a good service. The final realization is through equity financing. This is very simple, just like offlineFAw88 casino’s the same. For example, if you raise 100 million on our platform, we will collect2%22444_22559

I will briefly report, because I am from4We started a business project in March. So far, I will talk about the most important things we have done. In the equity financing sector, we have now completed five transactionscase, the total financing amount is more than 100 million. Just yesterday we completed another oneP2P, called Golden Egg Financial Management, nearly1.5billion, of which we underwrote 30 million for him for such a project. There are now75%w88 casino is completed through offline matching, but w88 casino is nearly25%w88 casino is through online, whether w88 casino is our WeChat official account or online, through the conversion of orders there. In the past, we always thought that equity financing was particularly difficult, but during the actual operation, we found that, indeed, there are still many uncles and aunts in China who are still very rich, justP2P’s project he dares5010,000,50Thousands of people are coming, this is really unbelievable.

This is our previous prediction. The equity financing business wants to complete 100 million this year and 400 million next year.2017A year is one billion. If we talk about w88 casino offline, we have already completed w88 casino this year. If valuation is done on the Internet, they don’t pay much attention to offline transaction volume. They value online transaction volume. Therefore, our goal is to look at online transactions and complete 100 million transactions this year and 400 million next year. In fact, like now, we have a differentiated platform that does a great job. w88 casino’s called36Krypton, w88 casino has acquired Alibaba1.5With an investment of US$100 million, the entire valuation has exceeded one billion. w88 casino has done very well. w88 casino mainly does equity crowdfunding. But the projects w88 casino does are a bit different from ours. What w88 casino does is early stage, while we are a little bit more late stage. w88 casino is the object of our study. At present, we have initially generated cash flow. We are financing consultants, including our activities, including investment relationship management for several units. So the whole process still went through.

Currently, we only have one official account for operation and promotion - in the early days, w88 casino was an official account, weAPPHe website is also recruiting a large number of engineers to develop and complete the online business of several modules we just talked about. Now our official account has made breakthroughs in the vertical field6Ten thousand people are the Nuggets third board official account.APPTo10month8The number is more than 4,000, oursAPPBasically, we have not yet carried out large-scale expansion. I will tell you later that w88 casino has something to do with our financing progress.

4. Entrepreneurship insights: "My first entrepreneurial experience was to provide postgraduate entrance examination tutoring"

“Generally speaking, when you start a business, you spend most of your time depressed. There are so many things that often make you very uncomfortable.……But sometimes I am still very happy. The time may be very short, but w88 casino is enough. ”

Let me briefly summarize my entire entrepreneurial process. i3I started to have this idea at the end of the month and started a business,4In March, I remember very clearly. My other partner and I worked at Wei Coffee for a day on how to write a business plan. We wrote for a day, and the next day we went to meet with venture capital investors. We met with a lot of them. Within a week, we settled on a venture capital firm that finally invested two million in us. The estimate at the time was twenty million. After this, we began to form our senior management team.5In March, we established Huidong Financial Information Service Beijing Co., Ltd.6In March, the Nuggets third board official account was launched.7Month, website andAPP beta27810_278258In March, we received 80 million yuan in financing from Wendy’s Digital. So far, because we have not carried out vigorous promotion, in fact, our cash pressure is not particularly heavy. We want to wait until our products are more complete and our number of users has accumulated before proceedingAround of financing, we estimate w88 casino will be at the end of this year or next year3Monthly progressAround of financing. At present, China Business News, a large media group, is interested in exploring the New OTC market and has expressed its intention to invest in us. We have also negotiated with their boss. With a simple intention, preliminary cooperation has been achieved. Our project is relatively easy for everyone to understand because w88 casino is a relatively simple project. But w88 casino still works very effectively in the market.

I am now starting a business for the second time. The first time I started a business was in2013Year,2013I remember very clearly that I was admitted to the University of International w88 and Economics4I have nothing to do this month. I think there are many tutors on the market for postgraduate entrance exams. They can do it. I don’t feel that I am particularly good at it. I wonder why I can’t do it myself? Later, I started a project to provide tutoring for online postgraduate entrance examinations in economics and management. I found a lot of people at that time, including Peking University, Tsinghua University, National People's Congress, Central Finance and Economics University, and University of International w88 and Economics. I recruited a dozen or twenty students who had done particularly well in professional courses, and then we worked together to specialize in the research and development of professional courses. Then I found a technician and built an online video purchase website. Everyone can listen to the professional courses of the university where you applied for the major at a very cheap price. It is very effective. Although it is not profitable and is sold very cheaply, with a set of courses costing only one or two hundred, the volume is very large. Later you will find that after the volume has accumulated to a certain level, there will be conversions. They will ask me one-on-one and ask me to introduce them to a teacher. But this is a high net worth, two hundred or three hundred an hour, so I can make money. Monetization can be realized from the traffic, including their request to open classes for them. This project has a very good cash flow, and there is no problem in making hundreds of thousands a year. But there is a barrier to this project, and it cannot be done on a large scale. Later I was2014When I was starting a business, I was interning at Yinhua Fund. When I arrived2015year3Month. Really, those who have started a business will have all kinds of awkwardness at work once they start a business. Some people say that starting a business is a road of no return. I think w88 casino makes sense. After you set out for the first time, you will think about the second time, and maybe the third time after the second time, and just keep going forward in a sequential manner.

Let me briefly talk about my feelings and judgments about the two projects I am currently working on. The projects I am doing now, including those for postgraduate entrance examinations, are also very simple. They are selling videos, and the same is true for the New Third Board. I provide a good tool and then carry out equity financing, which is very simple. w88 casino was the same way when I entered the market. I was doing the New Third Board because I thought the New Third Board was very popular.3、4In March, I felt that the New Third Board was a big opportunity and would become Nasdaq in the future. Moreover, there were basically not many people playing now, so I jumped in. I didn't have a clear idea of ​​what I was going to do at the time, but after I started working on w88 casino, I continued to discuss w88 casino with my partners, including those who joined later. Gradually, this thing becomes very complicated. There are many things that I can do. w88 casino may not be one, two, three, but maybe a hundred. w88 casino is very complicated. (Then) I will do another one, do w88 casino slowly and filter slowly. In fact, the current four business formats have gone through many, many things, and slowly returned from complexity to very simple things. I think starting a business starts from being very simple, and then moving on to another very simple thing. But the simplicity we are talking about now is definitely different from the simplicity at the beginning. w88 casino has gone through a process of refinement. Including what an entrepreneurial student from Tsinghua University shared, which I think is particularly true. He said that starting a business started withAGo toB, what you want to do at the beginning isA, but as you do w88 casino, w88 casino becomesB, in the end you may becomeCw88 casino is a process of continuous evolution and expansion. Because your understanding of the market is still not in place at the beginning, but you will understand w88 casino slowly. This is the first one.

Second, share my entrepreneurial process. Generally speaking, when starting a business, you spend most of your time depressed. There are many things that often make you very uncomfortable. Whether w88 casino is the pressure of competition, including the recruitment of your own personnel, because w88 casino is particularly difficult to recruit people now, including your own business expansion, including business partners who are difficult to find. There are so many things that often make you very depressed. Basically24You have to think about these things all the time, but overall, w88 casino boils down to one thing. Sometimes I am still very happy, maybe the time is very short, but w88 casino is enough. When I look back on my previous life now, I have never regretted w88 casino. I feel that my life has been very fulfilling. I have come all the way and I feel w88 casino is very worthwhile. This is the second one.

Third, the quality of entrepreneurship. When I was a graduate student at the University of International w88 and Economics, I found that the classmates around me were very good. They could talk a lot better than me, learn a lot better than me, and have a lot better research abilities than me. There are many outstanding talents at the University of International w88 and Economics. Many of their ideas are better than mine. However, I found that many students dare to think but dare not do it when they actually implement it.99%w88 casino’s all like this, very few are willing to work together. Including when I recruit people for start-up projects, they say you are very good and great. I asked, would you like to work with me? Then I'll think about w88 casino. Then after thinking about w88 casino for three days, he told you, I'd better do my current job. w88 casino's basically like this. People who dare to come out to do w88 casino are very, very murderous.

Song Guoliang (teacher of w88 casino of Finance):I would like to add that when we were setting up the team, I asked him a question specifically. I said that Yinhua Fund has hired you and the salary is quite high. I said that if you decide to do this, you must resign and throw w88 casino away. You must be mentally prepared. He said that I was born to start a business and that no other job would appeal to me.

Zhang Zhifei:Yes, I think if you dare to do w88 casino, execution is the most important. w88 casino doesn’t matter whether you are the best or not, and w88 casino doesn’t matter whether you have the best resources, but you must dare to do w88 casino. This is the first and prerequisite. Second, I think entrepreneurship is a very systematic process, including your own determination of direction, including your own team building, including your finding funds, because starting a business is nothing more than finding a good direction, finding good people, finding good funds, and pushing forward together. This is a very systematic thing. Entrepreneurs need to have relatively good resource integration capabilities. You can install all these things. I think this is very important. This is the second one. Speaking of our overall environment, I have watched over the past few years and come into contact with a lot of entrepreneurs, including venture capital institutions, and I have found that now is a very golden age for entrepreneurship. Whether w88 casino is the mass entrepreneurship and innovation mentioned by Premier Li, or the great environment in Beijing, whether w88 casino is capital, human resources, or business models, they are all very good. Therefore, countless business opportunities will be born at this time. w88 casino may be very difficult for you as a large company, but w88 casino is not very difficult for you to be a profitable, profitable company with good cash flow. This is the second one.

5. Professionalism is the most important: combine professionalism and grow in practice

“The one-year internship was very helpful for me to start my own business. Whether w88 casino was the Yinhua Fund management system or the group of people in the financial circle that I came into contact with at Yinhua Fund, I learned here that this is how finance works and how these people in the financial circle are like. w88 casino gave me a very perceptual understanding and I will not be blind to the elephant, so I think practice is also very important. ”

Teacher Zhou Bo specifically told me earlier about how to start a business based on his major. Because I majored in finance, and I happen to be working on an Internet finance project, so I can briefly talk about w88 casino. What do I think this thing is called? w88 casino is very, very good to start a business based on your major, because you can use your own advantages to expand. But I think entrepreneurship is a continuous process. w88 casino may be the first, second, or third time. You may not be required to start a business in this major at the beginning. If you have found a point at that time, if he asks me for advice, I think he has already thought about w88 casino. I will advise him that you go ahead and do w88 casino first. Because this may not be your final form, because after you join an entrepreneurial circle, you will find that your world will become a different world, and the people you come into contact with will be a different group of people. When you look back, w88 casino will be easier for you to form a team and integrate resources to do another project that combines your own expertise. This is the first one.

Second, how to start a business based on your major? I think one thing is that internship is also very important. I worked as an intern at Yinhua Fund for one year, which was very helpful for me to start my own business. Whether w88 casino was the management system of Yinhua Fund or the group of people in the financial circle that I came into contact with at Yinhua Fund, I learned here that this is how finance works and how people in the financial circle are like this. w88 casino gave me a very perceptual understanding and I will not be blind to the elephant, so I think practice is also very important. This is the second one. This is probably my entrepreneurial sentiment.

Third, let me share my suggestions. Innovation and entrepreneurship are very popular now. For example, Prime Minister Li talked about mass entrepreneurship and innovation. I think his idea is very right. You can share w88 casino with us. Prime Minister Li mentioned mass entrepreneurship and innovation, set a tone, and immediately spread public opinion, including "Xinwen Lianbo", including the information we read. Entrepreneurs are everywhere. Such an atmosphere has arisen. w88 casino is very popular everywhere, but w88 casino is also very practical. For example, we are at the Zhongguancun Mass Entrepreneurship Exhibition, including the Internet+, from setting the tone, atmosphere, to implementation, this series has been implemented.

Let me talk about the mentor. Entrepreneurship does require mentors, and ordinary students have no experience. My ability to get the gold medal really depends on Secretary Wang Ling, Secretary Wen, Teacher Song Guoliang, including Director Jiang. Really, including Director Jiang who even scolded me before I set off. But I am really grateful. I think w88 casino is really helpful. I may know the details of the project very well, but I am not very clear about many key points, including the overall grasp. They have a high position and point out a clear path for me. This is the first one.

And in terms of mentors, the practical type is very important. There are many theoretical types, and sometimes the guidance is useless. So w88 casino must be combined with the market. If a tutor may be needed, some may not do this full-time, or may only spend a small part of their time doing this. This may cause him to be insufficiently dedicated and unable to concentrate on tutoring a certain project, and the effect is not particularly good. This is the level of a tutor.

What students need most is guidance. In fact, I am not particularly strong in judgment, and I will follow the trend and public opinion, so it is very important for the w88 casino to guide them at this time. If there are more opportunities for practice, including some current competitions, including the Jingwei Cup, and the Beijing Outstanding College Student Entrepreneurship Competition, such practice can help him find the feeling of starting a business, which can lay a good foundation for his second start-up. Third, there is an incentive, because students can be encouraged by giving them credits, for example, or certificates of merit, or by providing them with corresponding incentives. Let everyone know that entrepreneurship is also recognized by the w88 casino, and it is also officially recognized, which is the same as employment. In this way, students' enthusiasm for entrepreneurship can be aroused.

(This article is excerpted from2015year11month11Day, the first China “Internet+” Zhang Zhifei’s speech at the gold medal project case branch of the College Student Innovation and Entrepreneurship Competition. The article has been reviewed by me. )

Voice of Huiyuan "Makers of the University of w88 (7) Zhang Zhifei: "Nuggets" Internet"

Chief planner: Zhang Xiaofeng Zhou Bo

Planner: Xiong Xin Yu Zhu

Oral: Zhang Zhifei

Editor: Song Jingyi

Picture design: Li Lishen

Poster: Zhang Yue

Push: Wang Lin

Jointly produced by the Propaganda Department of the Party Committee and the w88 casino Employment Guidance Center Produced by Huiyuan Voice Campus Broadcasting