People always want peace and security, and no one wants the experience of torture. But that's not why I'm here. As a passive bearer, I don't want to compromise. Then, take out your wisdom, turn decay into magic, and life will be beautiful. Next, I recommend an inspirational speech by Zhang Quanling. Welcome to read, I hope I can bring you some positive energy!
I secretly cried more in the past six months than in the previous ten years.
? I can't afford to be gorgeous after investing, and my income is not as high as before! ?
? I have spent more time crying alone than in the past ten years combined. ?
? Papi sauce reminds us that the possibility of realizing content is diversified, and it is very important to form a personal IP. ?
? When I was a reporter, I struggled with gutter oil for many years, but with my current strength, I couldn't do it. ?
? It turns out that what I want to do can be accomplished through the power of technology and commerce. ?
Zhang Quanling is very busy.
Over the past six months since CCTV resigned as an investor, Zhang Quanling, as a partner of Buffalo Fund under Cheetah Mobile, and Fu Sheng, CEO of Cheetah, have participated in many projects, such as investing in four official WeChat accounts in content entrepreneurship.
She often appears on important occasions in the Internet industry. According to public reports, in April alone, she attended last week's Papi sauce patch advertisement auction, the Virtual Reality Summit of the Global Innovator Conference, the closed-door meeting of investors and delivered a speech.
On April 24th, Zhang Quanling came to Shanghai again and shared his changes since he transformed into an investor and his preference for Internet investment in Tencent Wealth Management Lecture Hall.
The following is a transcript of Zhang Quanling's speech that day (abridged):
Having been an investor for half a year, many people will say that Ms. Zhang Quanling made a gorgeous turn in the second half of 20 15 when introducing me. I don't even know? Gorgeous? How did these two words come from? How can you see gorgeous? This is because most people misunderstand the word investor and always think that investors are above themselves. As Party A, they have to give money to others, and others demand you. Investors should have a luxurious big office and look at it from the corner of their eyes every day and say, this gives money and that can't give money. If a dog is used to describe an investor, everyone thinks that I hold my head high and keep my posture as a ballet dancer.
In fact, real investors, especially angel investors, are in such a state that you have to invest in projects. Angel investment, how fierce the competition is, you should be able to see really good projects. This looks good, especially promising, so I will invest a little. He said that there is another fund looking for me, and I can help you do other things besides giving you money, such as market analysis, public relations and finding the next round of investment. The feeling of looking for treasures while staring at your competitors.
Investors should first control the cost, which mainly comes from the management fee of the fund. As an early angel fund, the scale of the first fund could not be very large. Once the financing scale is particularly large, it is difficult for you to make achievements. It's hard to say how many times my book assets have become without spending a certain percentage of money. When Niuzi Fund started, the first fund was only 1 100 million, and the management fee was more than 2 million, including all marketing expenses such as rent, travel and personnel salary. You can make it clear that investors can't be gorgeous and their income is not as high as I used to! Some people may say that it is not as tall as before. Are you sick? Why?
People do everything for a reason. Today I will share with you why I made such a choice. It seems that it takes more time than before, and it seems that at least it doesn't earn as much as before. Before we say why, let's take a look at what happened in my whole life.
I used to be a host and reporter in CCTV, because I always went to the scene when I met a big event. The general workload may be one or two times that of others, but what is the current work situation? So busy! I have to watch about six or seven different projects every day, which is different from the original. I used to arrange my work schedule, be busy for a while, go to the scene of an emergency, and then come back to adjust myself for a while. The process can be controlled by itself. Being busy now is a normal state, and maintaining a fund requires this kind of workload. The original busyness is to go where others can't go and meet people that others can't see. You can brag when you come back? . I have my hands full right now. According to the data, most of the people I see are unreliable.
When I first entered the business, some investors said, do you really think investment is a very interesting thing? Especially angel investment, 95% of the people you meet are unreliable. Take Niuzi Fund as an example. We invested about 20 projects in half a year, and the early stage was relatively fast. We receive about 100 projects every day, 99% of which are impossible for you to invest. We waste a lot of time and breath on projects that you think are unreliable every day.
Your whole attitude, so you are the host of CCTV. Basically, you are the mentality of Party A, a large number of people come to beg you, and some people go to beg others. Don't do it if you can't do it. But now it is a typical N-party mentality. Your partners should maintain and open up various upstream and downstream relationships. It turns out that when you have accumulated more than ten years of experience in an industry, you are basically in a handy and occasionally crazy state, otherwise it means that you have not accumulated enough in that industry for so many years. But now I have to reflect on whether I have path dependence, because this path dependence of thinking is likely to bring you a fiasco. Now I have to keep reminding myself that I can't be so good at this time. If I'm so good at it, there must be something I didn't expect, and there must be a hole I didn't fill.
Speaking of pits, as a part of the whole system, I feel lazy and want to walk around. Why should I fill them out? Someone should fill it out. But what about now? What if there is a pit? If you don't jump, whoever does. Only after you jump, the road is flat and others can walk there. There is no way to start a business with a team. Just jump down when you see a pit, fill it in, let your team walk over, and then climb out to fill the next pit. This is the biggest difference between operating a system and being a part of it.
I cried secretly in the past six months, more than the previous ten years combined. It'll keep pushing you towards that. I don't think I can run. One day, my partner Fu Sheng asked me to chat, and I was very happy during the chat. Back in the office, I cried again, feeling like jumping from one swing to another in acrobatics. From here to there, you close your eyes and catch it, and then you have to get up the courage to jump on the next swing, but this time, you have to let go of the one in your hand. But after all, you know he's pushing you in the right direction. Your progress may not be as fast as your whole career, instead of running at the front, waiting for the team behind to catch up with you and show your superiority. Can't you hurry? Am I here? Can't you let me down? Now I am constantly forcing myself to say, I may not know the next step, and I may not be able to do it next. what can I do? Jump up and grab the swing in the air.
Over the past six months, how have I thought about the investment industry and wealth appreciation, and behind the wealth appreciation is whether you have the opportunity to realize your original ideals and dreams. I have a little luck in investing, that is, the entire Internet industry has become an infrastructure.
When I transformed into an investor, I saw that the timing of content entrepreneurship might be particularly good. But you see how a lot of content is realized, which is not very clear, including self-media. Before I invest, you may see two of my former colleagues, Ma Dong and Luo Zhenyu, doing content entrepreneurship. Some investors asked, Luo Zhenyu is now a $200 million company. How did he become a $2 billion company? How long is his life cycle? Luo Zhenyu was repeatedly asked this question: All your values are your personal labels. If you are ill, what will happen? You're welcome, investors will definitely ask such questions. The enthusiasm for content entrepreneurship must have arrived. Everyone doesn't know how to get there. I was lucky enough to answer several questions correctly. Papi sauce reminds us that the possibility of realizing is diversified, and it is very important to form a personal IP.
Buff currently has two major investment directions, one is content-related. The content must not be the content itself, see the demand and vitality behind the content. I will also invest in some black technologies. The first direction is related to visual recognition. For me, in the future world, visual recognition is the way for machines to communicate with the world. How does the machine recognize the environment, how does the machine recognize you, know whether you are happy or unhappy, and how does the machine understand the relationship between you and the environment? It all depends on vision. There is still huge room in this part. At present, teams have invested in China and Silicon Valley. In the future, artificial intelligence can essentially subvert the current applications on the Internet.
Let me give you an example of visual recognition. For example, we live in a residential area, and the security requirements are particularly high. It is said that a thief has come in and there is a camera in the security room. It is necessary to manually judge who is suspicious and then track where this person has gone. The cameras in the community are difficult to link seamlessly. From this camera to that camera, maybe not, you may lose that person. You may not be able to find this person within 24 hours. There is a visual recognition method. Once this person is identified as suspicious, even if his movement between any cameras in the community is interrupted, as long as he appears in front of another new camera, even if he changes clothes, he can be recognized. Think of a bigger scene, such as the southwest border of Xinjiang. In fact, in such a security field, I believe that a large number of artificial intelligence companies will make a difference in the future.
We will also invest in some VR (Virtual Reality) and AR (Augmented Reality) content. From what I am familiar with, we VR only invest in two things. We don't throw helmets, because these hardware will definitely come from big factories. In the field of lightweight, combined with mobile phones, it is the level of big manufacturers, and they have the best chance to fight back.
The first is the technology of interacting with content. We interacted. When my son put on VR glasses, he said that wearing VR glasses was opaque. Essentially, more natural interaction is your behavior. I saw something in the virtual world. I especially trust children's intuition. He thinks that the uncomfortable place of wearing glasses is part of everyone's intuition and the real pain point of the product.
The second part is the content. VR is very new now. In fact, the content of VR was applied in CCTV virtual studio as early as ten years ago. When we broadcast live in 2009, we wanted to make Zhai Zhigang a virtual image, so we could say hello directly in the studio. At that time, I didn't have time to surf the Internet because my computing power was limited. It may take Zhai Zhigang a month or two to say hello to everyone. Now that you have joined the team and rebuilt people, you can now press it below 15 minutes. The overall computing power and GPU usage ability of this generation really exceed the accumulated experience and knowledge in the past, and you can't easily rely on the thinking path.
Why should I be an investor? Because it is interesting, it can let you see the unimaginable explosion of this world, and let you know that what you think is impossible in this world can be accomplished by your hands and become a part of your dream realization.
Finally, use an example to share with you what kind of relationship this has with my initial heart. When I was a host and a reporter, I struggled with gutter oil for many years, but it was very difficult, and it was extremely difficult to do it only by supervision. How much can reporters find in unannounced visits and how much can the government crack down? Can we go into every kitchen? We can't do it. When reporters arrive later, they will always face such a dilemma. There are many things we want to do, which we can't do with our existing strength.
Now, I invest in an enterprise service system. Only by understanding the enterprise can we do a good job in the service system, and we must deeply understand the disadvantages of this industry. A buddy has more than ten years of experience in making software. He opened a restaurant for a year and a half to make this restaurant service system. He sold a restaurant in 20 yuan in a building in Beijing CBD, and he made a profit. He can change the turnover rate from 5- 10 tables to 14 tables and 18 waiters to 14 people a day. A large part of people in his restaurant don't sit in before ordering, and 70% come after ordering. This will not only reduce the number of waiters who order food, but also reduce the number of people in the kitchen. At the same time, people who come in can fry three dishes at the same time, which greatly reduces the work in the kitchen and improves the overall efficiency without affecting the taste. Under such circumstances, why does the boss use waste oil? You have to believe that most bosses didn't intend to use waste oil for you in the first place.
After this incident, I really want to understand my initial heart. What I originally wanted to do can be accomplished today through the power of technology and commerce, which is why I am willing to take this road. Thank you!
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