1. Summary of 188bet Live Casino listed companies

From 1999 to 2010，In almost ten years，I founded and participated in the creation of 188bet Live Casino companies (Ctrip、Home Inn、Hanting)，Lastly, these 188bet Live Casino companies were successfully listed on NASDAQ in the United States，The market value also exceeds 1 billion US dollars。

Taken together, these 188bet Live Casino companies have many things in common.

The first feature、The actual 188bet Live Casino model is not exactly the same as the initial financing。Ctrip 188bet Live Casino online travel agency to booking center，Homeinns 188bet Live Casino hotel alliance to economical direct operation，Hanting ranges 188bet Live Casino mid-range limited service to budget hotel。

The key to this process is that the entrepreneurial team must have the ability to adapt，Continuous exploration and innovation。If 188bet Live Casino stick to the unrealistic ideal model，These start-ups may die in the cradle。When the ideal model is tested in practice，We must be able to keenly find a realistic and feasible way，Then keep insisting，Expand the results，Only can 188bet Live Casino achieve great things。

The second feature、Basically, these 188bet Live Casino companies have been established in about 188bet Live Casino years。Ctrip 1999-2002，Home Inns 188bet Live Casino 2003-2005，Hanting 188bet Live Casino 2007 to 2010。

Like growth and development，In three years，The business model of 188bet Live Casino enterprise、Team、Frame、Character、Trait、The cultural and other foundations have been developed，Further growth follows。Chinese startups，Three years is a hurdle，Able to reach a certain level within three years，There is greater hope for the future。188bet Live Casino is because China’s entrepreneurial companies are growing faster，Imitate、Many followers，Failed to stand out in about three years，It’s easy to get mixed up in a group of homogeneous companies，Stay mediocre。

The third characteristic is that they have experienced a major test。Ctrip has experienced the Internet bubble，Home Inns experienced the SARS period，Hanting encountered a financial crisis，And I 188bet Live Casino agree that crises are often catalysts for businesses:

First, because of the crisis，Internal response to crisis，188bet Live Casino need to mobilize the best parts of themselves，Push your potential to the maximum。The crisis has become the driving force for our growth。Just like what Gorky said in "Petrel": Let the storm come more violently！

Second, the crisis 188bet Live Casino eliminated or weakened many peers and competitors，Making it easier for some companies with excellent genes to grow after the crisis。Crisis is a test of speculation，Only a serious and persistent enterprise can survive the storm and become stronger，Instead of being drowned in bubbles，Or destroyed by storm。

The fourth characteristic、Both are the perfect combination of entrepreneurial spirit and professional managers。Ctrip starts with me，Jianzhang (Liang Jianzhang) laid a solid foundation，Fan Min carries forward，Nanpeng (Shen Nanpeng) is financing、Absolutely professional and excellent in law and other aspects；I laid the foundation for Home Inns，Sun Jian took over successfully；I started Hanting too，Zhang Tuo、Zhang Min joined me to lay the foundation。

I am an entrepreneur with a strong entrepreneurial spirit，If 188bet Live Casino don’t have systematic management experience and knowledge，It is difficult to build a big company，The risk is also very high。Professional managers do not have strong advantages in the start-up period，It may even get in the way。Whether it is intentional or not，But all three of our companies combine the two very well。

In China，Entrepreneur and Professional are both precious and scarce resources，Mutual respect should be given，Get along as equals。Don’t “rich people” look down on “scholars”，Don’t look down on the “turtle” as a “turtle”，Actually, neither of these two people can replace the other，Who doesn’t follow this rule，188bet Live Casino will pay a heavy price。

In the current 188bet Live Casino ecological environment,An ideal entrepreneur should be familiar with both China and the West: not only must be familiar with the local business logic and environment，188bet Live Casino also need to be well versed in Eastern history, culture and traditions；Not only must 188bet Live Casino understand the language and rules of Western business，We must also learn to use efficient management methods and tools of modern enterprises。

The fifth characteristic is the re-engineering of traditional industries.Ctrip is a traditional travel agency upgraded to a modern travel service company；Homeinns and Hanting are both traditional hotel industries that have been upgraded into modern hotel chains。These are 188bet Live Casino representative cases of the "China service" that I often advocate。

While learning from the 188bet Live Casino models of developed countries in Europe and the United States，Based on China’s specific conditions，Carry out transformational innovation and application，Becoming very productive。Because of human matter、Spiritual needs and enjoyment，Always from low level to high level，From simple to complex。The service industry in Europe and the United States has developed before us，Has been selected according to customer needs。

China’s service industry will generally follow their development trajectory，Therefore，In the service industry，Inheriting mature 188bet Live Casino models from Europe and the United States is particularly valuable；Study their growth trajectory and reasons for success or failure，It is also very beneficial for us latecomers。

2. Experience of managing the team

I have made a discovery over the years，The founding team of the company are all talented 188bet Live Casino，After a company becomes bigger，Capable 188bet Live Casino are the first to join the company。188bet Live Casino has been verified by the three companies I founded，These cadres of our company all worked hard together from the earliest days。

I believe there are many entrepreneurs，I worried about building a team in the early days，My past experience with 188bet Live Casino can be summarized into "three Shu"，How to understand it？

The first shu: acquaintance，188bet Live Casino must find people around 188bet Live Casino，Acquaintance、Friend、Classmate、Relatives，I think this is a way to find someone，And it is also the most effective method。

The second shu: layman，That is, ordinary people，But 188bet Live Casino must find ordinary people who are hungry。

The third shu: Shuren，That is, people with good moral character。If he is not very talented, 188bet Live Casino can change his position，But if the character is not good, the cost of replacement will be very high。In the initial team，The moral character or character of members is still very important。

Don’t look for these two types of 188bet Live Casino:

1) Never look for executives in foreign companies，They are all elegant 188bet Live Casino。

2) Don’t look for people who have succeeded in starting a business，Generally, people like 188bet Live Casino will feel that they are awesome。There are 188bet Live Casino who have crossed the sea，Not good for the team，His personal maintenance cost is high，The cost of change is also high。

If 188bet Live Casino can’t find top talent，Only looking for ordinary people。The only thing 188bet Live Casino can do is focus，Focus on things to do，Points of concern，Decision-making should also be focused。

In the early days of starting a business，188bet Live Casino want centralization，Even dictatorship。Want all rights，All thoughts must be focused on one person，It’s best to be alone，Not two people。Because when I started my business，Resources are very precious，Especially time，If your opponent is faster than 188bet Live Casino，Financing first，Then 188bet Live Casino will be very passive。

I used to have a method called the three-three system，Personally verified by us，It can indeed improve our internal organizational management efficiency，Save a lot of costs。188bet Live Casino method was originally a tactic of Lin Biao，Mainly three people，One who is good at attacking，One who is good at defense，A good at covering，Use three people as a group，Because there was no Internet during the war，No walkie-talkie，Can only survive independently。If three people die and one person dies，Form a new group from other broken groups，Lin Biao used 188bet Live Casino very well。

I was inspired by Lin Biao，The three-three system is also used in enterprises。At the beginning I merged three hotels into one hotel，Do the sales of three hotels together，Later, we gradually formed the idea of ​​using 3 as the basic unit to manage 188bet Live Casino。

188bet Live Casino brings a benefit，First of all, it saves a lot of money in manpower，Then the company can use the money to hire better employees，For example, there were three store managers，After such an adjustment，Shrunk into a store manager。The calculation of our three-three system is incredible，At that time, 2,000 stores saved a lot of labor costs，Such a small organizational change，It has such a big effect。

3. Entrepreneurial thinking

In the process of starting my 188bet Live Casino，There are two views that have a profound impact on me:

The first point of view: the law of the jungle.

Many people think that the "Law of the Jungle" is just life and death，The weak eats the strong，But they ignored the other side of the "law of the jungle" - the law of symbiosis，188bet Live Casino refers to the big tree and moss、Xiaocao、Bush、Flowers grow together。None of these，The nutrients from the big tree cannot be obtained；These things are not protected by big trees，Can’t survive either。

A towering tree，In the process of growing up，Competing with similar people for sunlight、Rain and dew，Losers can only shrink、Broken、Decay。Last，Form a colorful circle around the big tree、A prosperous and harmonious symbiotic world。188bet Live Casino take a broad look at a society，That’s a colorful symbiotic jungle。To be a great enterprise，188bet Live Casino must be able to coexist with all aspects of society，Selfish、It’s not enough to be the only one on your own。

How to persuade、Impress the resource owner，I think 188bet Live Casino’s symbiosis and win-win。Every interaction、Transaction、Get along，They are all testing grounds for the principle of symbiosis。Couple、Father and son、Lover、Between companies，It’s all a symbiotic relationship。Learn to coexist，This world will be harmonious。Look at cooperation from this perspective，188bet Live Casino will feel much calmer。

The second point of view: go with the flow.

Starting a business should be a smooth process，The so-called smooth flow，Just follow the trend，Don’t expect a small company to make waves，This is unlikely。188bet Live Casino can use wood，Follow the flow、Water trend，This is the best way to start a business。

specific to China，Nowadays, the five major industries that Chinese people need to grasp when starting a 188bet Live Casino are just five words: clothing、Food、Live、row、Entertainment。China’s advantage is its large population，And they are the most middle class。At the same time，The central government implements mercantilist policies，The local government spares no effort in attracting investment，In tax、Land、Provide financial support。

Now China Mobile、ICBC、Tencent、Taobao and others are already the largest companies in the world，Such a situation will occur in many service areas: e-commerce、Game、Travel booking、Clothing、Catering...from the basics、Live、Let’s go to further consumption upgrade，If 188bet Live Casino start a business from this area，Can cover the most basic consumption，Winning market space。

So，I suggest 188bet Live Casino when choosing a business direction，Be sure to consider two points:

1) Choose one that is close to 188bet Live Casino’s livelihood, food, clothing, housing, transportation and entertainment;

2) Consider consumption upgrades.

I feel the same now as I did five years ago、Same as ten years ago，There are still many great opportunities，If 188bet Live Casino don’t start a business in this era, 188bet Live Casino will regret it，If 188bet Live Casino want to start a business，I suggest 188bet Live Casino do things that go with the flow，Don’t do things like sailing against the current！

4. The biggest gain from starting a 188bet Live Casino

Most people think，I founded 188bet Live Casino billion-dollar listed companies，The most rewarding thing should be money and fame。I won’t say it hypocritically: I regard money and fame as dirt。Money does allow us to achieve financial freedom，No longer have to run around for a living，Let us choose more freely。

But I think of myself again when I was young，What everyone is sitting together discussing is not making money，Discussing Nietzsche，Very humanistic spirit、With feelings。We were short of money at that time，But I don’t want money，Books were very cheap at that time，But 188bet Live Casino era lacks spirit、Lack of humanities，So everyone has to sell spirit and humanity。

However, the true spirit and feelings are more important than ever.Entrepreneurs should pay more attention to humanistic things，See more philosophy、History、Poetry、Literature, etc.，Open your humanistic vision，188bet Live Casino must have your own spiritual belonging，188bet Live Casino have to think，To think about the ultimate destiny of mankind，188bet Live Casino need to understand the definition of physics，When 188bet Live Casino are happy, 188bet Live Casino can express it in poetry，Instead of relying on karaoke to express your feelings。

For me，The greatest gain that entrepreneurship has brought me is not only wealth and freedom。

Do Ctrip，I realized my original dream of wealth，No more pressure in 188bet Live Casino，The mentality becomes calm and calm。

Do 188bet Live Casino like home，Experienced too many things，But these have exercised me，Make me more open-minded，Learned tolerance and tolerance。

Being Hanting，Let me see my mission in 188bet Live Casino life clearly，Know what I want in 188bet Live Casino life。But the first two companies do not have 188bet Live Casino level。What filled my heart at that time was desire: the desire for money，Desire for fame，Desire for personal achievement。The so-called "removing human desires，Cun Tianli" makes a lot of sense。Your inner desires calm down，Be able to understand and understand the nature and meaning of life more clearly。

Once I met the founder of AccorHotels (he and his partners founded the hotel group with the highest market value in the world，Also one of the seniors and teachers I admire，Talk about life in front of the "If 188bet Live Casino Are the One" cafe on the back seaside in Beijing。I asked him: Your life is so brilliant，Any regrets？He replied: First, he felt that he spent too much time in politics (he was once a French senator，Also served as mayor of Fontainebleau)，Second, he is very successful in his career，But I have some regrets about my family。

At that time I thought: If I were also an old man in his 70s，Sitting by the North Sea，A young man asked me the same question，If I answer the same way，My life is quite sad。I don’t think I should live like 188bet Live Casino。Since senior can tell me his regrets along the way，Can I do better？

My life goals are 188bet Live Casino clear now:

First、Together with my friends，Making Hanting the largest and best hotel group 188bet Live Casino。That is, to achieve "a group of like-minded friends，The ideal of achieving great things happily。

Second、I just want to live the 188bet Live Casino I want，Don’t be happy with things，Not a nameTired。It is more important to truly live your life well，I want to cherish the life God gave me，I want to live 188bet Live Casino life very interestingly。When I was sitting on the beach in my 70s and young people asked me，I will tell him calmly and calmly that my life is very interesting，Lived the life I wanted。188bet Live Casino is through three entrepreneurial ventures，Especially Hanting，What I learned and realized。

As age increases、Career development，My own mentality、View of life、Values ​​are 188bet Live Casino changing，And it is developing in a good direction。Become calm、Indifferent、Tolerance and altruism。Maybe compared to when I was young，Less impulsive，But more mature and wise。

188bet Live Casino is my business，The most rewarding、The most valuable place——As we grow，We are doing good，And become pure and simple。

*188bet Live Casino article is reproduced from Investors Talk.

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