From 9: 00 a.m. to 9: 00 p.m., this is the working time of Shen Cien's day. The content of his job is all kinds of meetings, including with colleagues, incubating enterprises and investors. Silicon Valley, a world-famous entrepreneurial paradise, has new ideas every day, and new entrepreneurial teams are thriving. China people are becoming an increasingly active figure.
In 2008, after he founded a business incubator called Euphrates in Silicon Valley of the United States, he got used to this pace of work. Beside Shen Enci, there are many China entrepreneurs like him who are busy working hard for their dreams.
Dreams are hit by reality.
Shen Cien is one of them. Talking to reporters about the young people who started their first business nearly 10 years ago, the Chinese businessman who later established the first Chinese business incubator in Silicon Valley couldn't help laughing. It's like living in your own world. ?
In 2007, influenced by the entrepreneurial atmosphere in Silicon Valley, Shen Cien resigned from the world's largest chip software design company and formed an entrepreneurial team with three other engineers to develop a global positioning system with multi-access function, dreaming of writing his own business legend.
To his surprise, a series of blows came before success. Not long after starting a business, Shen Cien found that although they have leading technology, they know almost nothing about the most basic issues such as team building and company operation.
? At first, we even split the equity equally. ? Shen Cien still remembers the first time he met an investor. The investor asked:? Who is the CEO? who the hell are all these people？ Naive? Our engineer replied:? We can take turns. ? The investor asked again:? Where are your customers? They naturally said: our products are so good, how can we not have customers? Therefore, this is an unexpected but reasonable failure.
The second venture has brought a greater blow to Shen Cien. After entering another more mature team, Shen Cien was forced to leave because of disagreement with the co-founder. Before that, in order to develop products and open the China market, he worked late into the night almost every day.
? Just like your own child, it has been cultivated for a long time, and suddenly one day it doesn't belong to you. ? Shen Cien still remembers the day when he left the company and went downstairs with a box of office supplies in his hand. For the next week, in order to alleviate the pain, he drank bitter coffee without sugar every day.
Paying for youth and experiencing the helplessness of dreams being hit by reality is a compulsory course for many Chinese businessmen in Silicon Valley. It is in this class that they gradually learn how to become a qualified entrepreneur and then become an excellent businessman.
? A little ignorant. ? Talking about the past, Hong Lei, a China female entrepreneur who successfully built a high-tech business docking platform between China and the United States, has similar feelings with Shen Cien.
Alibaba's golden key
For most Chinese businessmen in Silicon Valley, although most of them have many years of experience in studying and working in the local area, if they want to start a business from scratch, they will face far more difficulties and challenges than American entrepreneurs.
How to win on the road? For smart and diligent entrepreneurs in China, technology is undoubtedly a sharp weapon.
He Limin, founder and CEO of Turing Sense, an American motion-sensing wearable company, started two successful ventures because of his persistent research on technology. Who was promoted from junior high school to Fudan University for winning a prize in a math contest? Xueba? Have a natural interest in technological innovation. 1999 founded a semiconductor software design company in silicon valley. Holding 10 many American technology patents, it was acquired by the old club at a valuation of 1 100 million dollars three years later.
? When I started my business, I wrote more than 50% of the company's software myself. ? Talking with reporters about entrepreneurial experience, He Limin said that he always believed that in the highly competitive Silicon Valley entrepreneurial field, only technological leadership can have a greater chance of winning.
? Technology is the core advantage of Silicon Valley. ? Now from an entrepreneur to? Incubator? Shen Cien also attaches great importance to technology. What failure taught him again and again is that a successful businessman must know his own advantages and find his own direction.
In 2008, Shen Ci 'en raised USD 6,543.8+0,000, which was established. Young hair pulls the bottom? Incubation company. At that time, there was no business incubator founded by Chinese in Silicon Valley. This means that he can only cross the river by feeling the stones himself.
Shen Cien admits that at first it was completely imitating one of the most successful incubator enterprises in the United States. Even the specific terms are copied from them? . But soon, the unsatisfactory incubation effect forced him to face the reality: copying everything is not the way, and he must find his own way. Therefore, Shen Cien calmed down and carefully analyzed his own characteristics and advantages.
? We are familiar with China and have lived and worked in the United States for so long. ? Shen Cien realized that doing deep incubation of science and technology projects in Silicon Valley and then bringing mature technologies back to China for industrialization is the right way for him to be good at.
? Shouting like Alibaba? Open sesame? Secret, found the golden key, and the vault suddenly appeared. ? This time, Shen Cien finally opened the door to success. In just a few years, he has successfully hatched nearly 60 entrepreneurial teams, many of which have blossomed in China.
Don't forget the persistence of your original idea.
People are always envious of success and curious about success, The Secret Behind. The answers they get are often incredibly simple.
? Entrepreneurship is a very difficult process with a low success rate. ? Looking back on his own road to entrepreneurship, He Limin also said that there are different twists and turns almost every day. And whether it can persist is a very important thing. .
After many twists and turns, Shen Cien still sticks to the initial intention of starting a business. ? I hope that through starting a business, I can turn the technology in some laboratories into products that benefit the public, so that people all over the world can enjoy the happiness brought by technology. ?
After being an incubator, Shen Cien has more opportunities to contact various entrepreneurial teams. And 90% of the people he chose to incubate were China's team. Shen Cien said that this is not only because of the similarity between language and culture, but also because? Do you know the pain points of other China entrepreneurs when you have suffered? . Today, he is more willing to be the largest co-founder of scientists and engineers with entrepreneurial dreams, and provide them with business, capital and strategic help according to their own experiences, so that they can get closer to their dreams.
Recently, Shen Cien? Incubate? In the past three years, diabetes research and treatment projects have been carried out in Beijing and Huzhou, and good market feedback has been received. An average of 20 days of intensive treatment can make 60% patients lose all insulin. Previously, the project founder developed a set of treatment scheme to solve type 2 diabetes in 16 years, but it never entered the China market. Shen Cien saw the potential and introduced it into his incubator. In the past two years, in order to help the project land, he made a special trip to China 10 to build a base and apply for a permit to prepare for large-scale industrialization. ? The process is hard, but isn't that the value of our incubation? Seeing the dream come true, Shen Cien said with a smile.
;