Yu Zhou told reporters that since he started his business nine years ago, he has never cooperated with investors or contacted venture capitalists, and there are few bank loans, which are basically rolling development. I have been in contact with venture capitalists for a year, and I feel that people have invested money, so how can they live up to their trust? How to use 7 million? Yu Zhou has long planned to use 20% as reserve funds, 30% as expenditure, and the other 50% will be used for product lines and acquisitions. Through cooperation and merger with some female project companies, we will speed up the opening of stores.
Since there are so many plans, why hasn't the 7 million venture capital fund been put in place? After a year of running-in, Yu Zhou deeply realized the rigor of venture capitalists. Yu Zhou and IDG, the venture capitalist in charge of the negotiation, negotiated according to the standard procedure from the beginning. Due to the assets evaluation of Yu Zhou's own company and other factors, the negotiations between the two sides have been delayed until now. "Basically, have the result. Venture capital accounts for about 15%- 19% of the shares of the new company. It is estimated that it will be solved after the National Day. "
After several rounds of negotiations, Yu Zhou also clearly realized that there is still a big gap between the 7 million who got venture capital and the 7 million he raised. The most important point is that the platform will be different, which is very beneficial to the standardized development of enterprises in the future. Yu Zhou jokingly told reporters that the leader of the Beggars' Sect was not inferior to the emperor in organizational ability. Why is one a beggar and one an emperor? It is because the platform is different. The platform is different, and what you want to do will be different.
"The ultimate goal is to go public." Yu Zhou told reporters unequivocally.
Build 500 chain stores nationwide within 3 years.
"If we don't participate in' Win in China' and get 7 million venture capital, our development speed will be slower than two years." Yu Zhou realized the role of the platform of "winning in China".
Yu Zhou is in the business of making women's money-before the competition, his company's two brands "Experience" and "Youxian Di Mei" have occupied a place in the middle and high-end women's underwear industry, with annual sales reaching tens of millions of yuan.
Participating in the "Win in China" competition, Yu Zhou said that the biggest gain is: "I am familiar with a group of good friends; My ability has also improved to a certain extent, and I can see myself more clearly; At the same time, it also saves a lot of advertising fees; It is also very helpful to the recruitment team. "
The project that Yu Zhou talks with venture capitalists is still his business plan-"Women's Products Community Chain Store". He hopes to establish 500 chain stores nationwide within three years. Through these channels, Yu Zhou will mainly promote "Experience" women's underwear and "Youxian Di Mei" household clothes, and at the same time act as an agent for some other well-known brands, aiming at high-end consumers in customer orientation. "China has a huge market, especially in some second-tier cities and surrounding areas that are easily overlooked. If you are good at observation, you will find opportunities everywhere. "
"The biggest change in a year? Pressure is great, responsibility is great, invisible pressure pushes you forward, and people are getting older faster than before. " Yu Zhou told reporters bluntly.
Yu Zhou became a public figure.
"In the past year, I have participated in more than 50 public activities such as lectures and various awards."
With the aura of national runner-up, Yu Zhou's every move has attracted the attention of entrepreneurs and fans all over the country. "In the past year, I have participated in more than 50 public activities such as lectures and various awards." Yu Zhou said.
Yu Zhou, an entrepreneur member of Weifang Youth Federation, was elected as the Deputy Secretary-General of Weifang Youth Federation by an absolute majority in the re-election in early 2007. At the same time, invitations from all over the country keep coming. Over the past year, he went to Jiangsu to give lectures to Zhou Jin, who is also one of the top five, and was invited by Jiangsu Salt Bureau to talk about entrepreneurial experience. I went to Ningxia and Sichuan to be the judges of entrepreneurial selection projects, and went to Guangdong to give practical lessons to MBA classes.
Make money in the game.
In the past year, Yu Zhou's turnover and profits increased by more than 40%.
The main person in charge of the enterprise puts 80% of his energy on competition, especially small and medium-sized enterprises, will it affect the development of the enterprise? The answer given by Yu Zhou is no. In the past year, the turnover and profit of Yu Zhou Company increased by more than 40%.
Yu Zhou's goal is to achieve the top three in the industry. "An important task is to tell the planning company about my business model and ask them to help me upgrade again. The second is to recruit and start new projects. "
Yu Zhou agrees with one sentence: There are three kinds of people in any job. The first is a craftsman who only knows how to work; The second is a scientist who can use his brain to calculate; The third is the artist, who writes freely.
He is confident that he has reached the level of an artist-thanks to his mature, powerful and capable team. During the whole competition, some affairs of the company can only be handled by SMS and email. Besides, since the success of the competition, the company has become more cohesive. Up to now, the company's turnover and profit have increased by more than 40% compared with the same period in 2006.