"Editor's note" this series lamp technology is the author of one of the founders of Hu Chenhan, college students in the three founders. When I was in business in Hangzhou to see them write wanted to write their stories, he has begun to write, I feel very good, has arranged the release of Lei Feng network (search for "Lei feng's network" public attention).
Hu Chenhan sequence:
Believe that every passionate young people have a dream, but entrepreneurship is a tight rope cyclist, perilous, and not everyone is going to try. Regardless of you is just graduated of students, regardless of you is white-collar commuters, regardless of you is also is venture of people, also or has experience had ups and downs, I are hope through this article on lamp venture analysis of articles, to you restore a authentic real of venture story, let also venture of people found resonance; let on lamp interested in of people understand company of process; let intends to venture of people has reference. I will be a spectator heart, using the most objective view to remember the past year's entrepreneurial journey, and photographs recorded the story is being, or is about to occur.
First chapter of the first volume to no return
I am Hu Chenhan, co-founder of lamp technologies, and is currently responsible for the market and the company's operations. To start this road of no return is usually "seduced", and "seduce" I who was the Senior Pan Ge.
On June 5, 2014, on this day I remember very clearly (because that day I just got Baidu internships), my former partner was senior, Pan Ge find me, invited me to do some business with him the game. At that time I knew nothing about business, and even have some disdain on the word, after all, in my hometown of occlusion of small cities, undertaking Basic can draw an equal sign and Taobao shop. But because it just won an entrepreneur competition gold medal, and in order to add some to their study abroad resume excellent resume, I promised him.
He took me to their laboratory and six in the yuquan campus, Zhejiang University Library building. In the first sense is that this laboratory was cold, air conditioner is very large. Two seniors earned site sitting on a stool, both faces and temperament, are standard programmers, including my current partner, Jiang Mingda. Chat with Jiang Mingda slightly after a few words, I found his first love, fellow. We all knew each other in high school and junior high school, evaluation of each other surprisingly consistent "that high school is not good." Other kylin seniors (not Tomb Raider notes that! The seniors I had been suspicious of his sexual orientation, because as a man, he even likes cats) got off the stool and took out a stack of paper in the box model of a green army truck, and a strange, say is beautiful is ugly on the headset. This is my first real contact with EEG before are in the Museum of science and technology in the science fiction film.
When I wear head-mounted, just like the Joker, took his magic spell, there are three amazing things already destined to happen. First thing is I began EEG entrepreneurial journey. Second thing is for the first time that my head is too big, had hard work to go in, so my next paid a tragic price, such as the critical juncture in the station to record the show after breaking device support, design equipment quality to me after that could undermine the standards. The third thing I'm going to different investors and partners constantly tells the story of EEG, speak so much now, I am writing stories. This magical afternoon into the biggest turning point in my life. I had fantasized about studying abroad after graduation to meet foreign girls once fantasized about graduate graduate school my student life and fantasizes about finding a good job in another city, getting hefty salaries. Who would have thought, is destined to make this seemingly quiet afternoon I went to the venture's no turning back.
First chapter how to gracefully asking investors for money
As an entrepreneur, there's a not open around Key Biscayne, is financing. Money can open project, a project in order to get the money, this is an infinite loop, broken Chrysanthemum is the key. I joined the "pyramid selling" group, uninhibited love as life force to force, it was assigned to go and do business and talk to investors. Chen Weixing, founder of fast company senior said that investors generally IQ is not high, but from my perspective, this group was their wise demon.
The easiest way to understand an area was becoming friends with investors in this field. My area of knowledge almost half are wearable and investors found out in the course of the chat.
When participating in the IDG campus competitions, I have met a lovely team that IDG (though not finally entered into a collaboration, but made a very wise friend, never a regret it). In the first round when IDG's sister whispered IDG bear on the BOSS appear in the music section of the great wall, he was head of a hot, with a heroic attitude with them on the great wall, thought I could hit it off to put on a lightning investment idols. Later, found myself wanting to much, I don't have the time "met" Mr Hugo Shong, also because no cars were trapped on the great wall does not come, see will miss the train that night. By lucky coincidence, I scrounged a person not faces of death under a wall, chat in the process only to find he is the opinion of IDG, known as crazy looking. DUANG!!! A bare thighs in front of you, you say I hold up? I've never been so grateful for Beijing's traffic jam, in the three hours I spent almost all of the thinking and pie are drawn to him, but because the business model is very immature so there are no eggs.
Because it is a campus entrepreneurship competition, contestants are students, most of them do software services or O2O, few are as wearable as we do so heavy field equipment. Because of the uniqueness of the project and the scientific and technological content, we stepped on shit all the way to the final, and won a second-place finish. And this became the successful financing of lamp fuse. Hello Kitty Note 3 Case
Volume I chapter almost expansive died half way
Expansion
Online before there is a popular article about venture four, run, finance, incubator, University students. As a "clan", in this one through four pit, climbed out of the inevitable bruises. Chuangye Road in silent reflection process, to understand the nature of entrepreneurship is a very lonely, very bitter thing, lively and should not belong to this circle. Four minefields are not avoidable causes, only two words, the expansion! From mental and corporate personnel, and will have details later.
Insufficient
First team only 7 people inside the nest in the school laboratory, up from a 10-square-meter, 3/f, moved to 12 square meters, 5/f, happy for a long time, might qualify for grant funds of 200,000 to a registered bird shit where chicken shit. In the case of an extremely short of money, we are crazy and the docking, the average visit 1-2 every day, but is frustrated. Superb IQ from this group of "Lille", I also found the lack of focused on two points, first was never financed by business, and the second is not to our bridges.
Bridges
Starting from their own, first cut off all escape, I resigned from the practice of listed companies, and has disconnected the application all ready to go abroad; forced my partner and his mentor showdown results found his mentor is in support of entrepreneurship, it's dumbfounding. Clearly his only after the road enterprises, unprecedented pressure, but easier than ever.
Alternative investment
He came at the invitation of angel investment to, sum Hong Yuan Zhu Aurora chuah are interested in helping us out. It's interesting, because we had advantages and disadvantages of integrated analysis of multiple investment intentions, but does not take into account the money the most important points in the eyes of entrepreneurs. Then we realize that money can make a business to survive, and resources can make a long live. Compared with professional investment institutions and individual investment, we believe that individuals can teach us something more to help businesses grow faster (this is based on our students, under the premise of no management experience).
In determining the investment choice, the rest is just details. Fortunately, angel investor is also free and easy too generous, we quickly got the contract, and directly into them with a high quality office space. That was a key node of this entrepreneurial road, also let the team out of the big problem.
Bottleneck
We first started hiring, I played a show floor everything, wrote an article entitled "Zhejiang University maiden sitting on thousands of assets, money of venture partners" soft, forwarding of thousands in a single night, I died of ridicule in the circle of friends also received a ton of requests for interviews, interviews, without exception, are students. As little as one week, our team has expanded to 16 people, with a focus on! Are part-time!
Because the location some distance from the school, some members want to telecommute, CEO Jiang Mingda had made a right decision, rejected all the applications to the Office. But statistics, found that nearly 3 valid time to fit a full-time person, and because technology development often requires many people together, we had a month few yesteryears of darkness--product development, management confusion. We all know where the problem lies, but broken way anxious depression, my partner has made every day to play a few games to soothe emotions, enterprise's development seems to be the bottleneck.
In the eyes of some people, entrepreneurial future will flourish, winning married fume Blanc, on top of life. Ideal was plump, however, the reality is very skinny, where obstacles are not experienced can not understand. Faced with this crisis for the first time, how do we resolve it? For his funeral, please listen to the next update to decompose.
(Not to be continued)
Lei feng's network wants to be the best business report now, we launched a formal official mailbox facilitate people seeking coverage, the address is: Startup@leiphone.com, welcome to contact!
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