First of all, about the entrepreneurial process in Wu Shichun.
Second, the two major obstacles that affect rational decision-making: self-cognition and thinking blind area.
Third, how to overcome these two obstacles?
Four, six ways to distinguish between open thinking and closed thinking
5. How to become an extremely open-minded person?
I hope that through this article, you can improve your understanding of the above problems and apply them to practical actions, start to change, and finally gain growth.
Wu Shichun, the founding partner of Meihua Venture Capital, has created two investment cases with returns exceeding 1 1,000 times. How did he do it?
Wu Shichun was born in rural Jiangxi from 65438 to 0977. After graduating from college, he worked in Huawei and Baidu successively. In 2004, he started his first business and established a business news company, which was quickly adopted by schools, hospitals and e-commerce websites. Unfortunately, after working for several years, no one is willing to invest. This is his first business failure.
In 2006, Wu Shichun founded Kuxun.com, focusing on the field of vertical tourism search. However, in 2008, due to disagreement with investors, he left the Kuxun.com he founded, and his business was still unsuccessful.
In 20 10, he founded Lehe Interactive, moved to the mobile Internet, and launched boutique applications such as "Food Shake" and "Wandering Assistant", but none of them achieved corresponding results.
Until May of 20 14, Wu Shichun established the Meihua Angel Venture Capital Fund, which should be the most active and the highest return in China, and it is also the only investment institution in China that has invested in two projects with a return of more than 1000 times.
In four years, Wu Shichun invested 400,000 yuan and got a return of more than 600 million yuan, 1 1,000 times.
After nearly 10 failed ventures, Wu Shichun was still able to keep on trying to improve, and finally found his mission, using his business wisdom and resources to help start-ups.
The happiness of life is a process of constantly meeting new challenges, and pain plus reflection equals progress. No one can be smooth sailing, and every truly successful person grows up in pain and reflection.
Wu Shichun said: Every winter cycle actually gives young people with dreams and ambitions a chance to change and fight back. In a fair society, wealth should be created and redistributed by hardworking young people. Don't overestimate the macro influence, and don't underestimate your own micro efforts.
The key factor that determines the success of starting a business is not only that you enter this industry in the cold winter or bubble period, but also that you persist in being yourself in an industry and seize strategic opportunities with long-term preparation and strategic patience that can withstand loneliness.
Everyone has two obstacles on the road to success, one is self-awareness and the other is blind thinking.
These two obstacles make it difficult for you to see the truth about yourself and your surroundings objectively, and it is also difficult to make the best decision by making full use of others' help. If you can understand how the "machine" of the human brain works, you can understand why these two obstacles exist and how to change your behavior so as to make decisions more efficiently.
1, self-awareness
Everyone has "emotional and subconscious lower self" and "logical and conscious higher self" in his mind. When something happens, the two egos in their minds will compete for the control of their true selves.
"Emotional and subconscious low self" refers to your subconscious defense mechanism, which makes it difficult for you to accept your mistakes and weaknesses. Everyone has some deep-rooted needs and fears, which come from some primitive parts of your brain, such as amygdala. Sometimes you can't control your emotions and get angry. At this time, you have actually been kidnapped by the amygdala.
Another "logical and conscious higher self" comes from your cerebral cortex, which is rational and will clearly perceive that it is making decisions and using logic and reasoning. They have been fighting for control of you. When you subconsciously hope that you are emotionally right and have a strong sense of self, then you may face the failure of decision-making.
As the principle says: "The low-level ego is like a well-trained fighting dog, always keeping a fighting consciousness, while the high-level ego always wants to make things clear".
2. Blind area of thinking
Everyone has his own blind spot of thinking, which sometimes makes you see things incorrectly. Just like human skin color discrimination, everyone is looking at things in his own way. People cannot understand what they can't see.
People who don't have the ability of recognition and comprehensive analysis don't know what recognition and comprehensive analysis are about, just like a color-blind person who didn't know he was color-blind when he was a child and thought that everyone saw the same world. But color-blind people will eventually find themselves color-blind, but many people will never admit that there are blind spots in their lives, which causes our cognitive bias.
1, pursuing extreme openness of mind
(1) I sincerely believe that you may not know what the best solution is, and realize that it is more important to properly handle "not knowing" than what you know.
(2) Recognize that decision-making should be divided into two steps: first analyze relevant information, and then make a decision.
(3) Don't worry about your image, only care about how to achieve your goals.
(4) realize that we can't "just produce without absorbing".
(5) To be extremely open-minded, you must highly accept the possibility that you are wrong and encourage others to tell you where you are wrong.
(6) Remember that you are looking for the best answer, not the best answer you can get.
(7) Find out whether you are arguing or trying to understand a problem, and think about which method is the most reasonable according to the credibility of your opponent.
2. Understand and appreciate different viewpoints.
In deliberate disagreement, the goal is not to convince the other party that you are right, but to find out who is right and then decide what to do. To do this, communicate in a way that makes the other person feel that you are just trying to understand. You should ask questions instead of making statements, discuss them calmly and encourage the other person to do the same.
It is meaningless for people to get angry when they disagree, because most differences are not so much threats as opportunities for learning. He who changes his mind after learning something is a winner, and he who stubbornly refuses to learn is a loser.
3. Examine opinions with people who are credible and willing to express different opinions.
Ask experts individually and encourage them to show thoughtful point of view analysis and ask questions. By doing so, I not only reduced the possibility of making mistakes, but also learned a lot. The effect is most obvious when there are differences with experts, or when there are differences between experts.
Always make sure whether your mind is open or closed.
The following are ways to distinguish open thinking from closed thinking:
Closed-minded people don't like to see their views challenged.
They are usually frustrated because they can't convince each other, rather than wondering why they have different opinions. Open-minded people want to know why there are differences. They don't get angry when others disagree. They know that they may always be wrong, and it is worth taking some time to consider each other's point of view to ensure that they have not overlooked some factors or made mistakes.
Closed-minded people prefer to make statements rather than ask questions.
Open-minded people sincerely believe that they may be wrong and ask sincere questions.
Closed-minded people hinder others from speaking.
If one party doesn't seem to leave room for the other party in the conversation, he may be obstructing the other party. Open-minded people always prefer listening to speaking. They encourage others to express their views.
It is difficult for a closed-minded person to hold two ideas at the same time.
They let their own opinions dominate and crowd out others' opinions. Open-minded people will keep their ability to think deeply while considering other people's opinions. They can think about two or more conflicting concepts at the same time and weigh their relative values repeatedly.
People with closed minds lack a deep sense of humility.
Humility usually comes from people's experiences of failure. Failure makes people actively understand what they don't know with an open mind. An open-minded person always worries that he may be wrong when he looks at things.
Before I started my business 10 years, I was a closed-minded person in 50% cases. 50% of the arguments with the co-founders were closed-minded at that time. But in fact, once you can distinguish open-minded people from closed people, you will want to be surrounded by open-minded people. Effective cooperation between several excellent decision makers can not only improve the efficiency of decision-making, but also learn more things and significantly improve the quality of their own decisions.
I summed up Dario's point of view and extracted seven laws:
First, use failures and setbacks to guide high-quality thinking.
Second, knowing that everyone has amygdala kidnapping, there are two "I's" trying to control themselves.
Third, we should know that everyone has a blind spot in thinking, and don't be "color blind" to their own thinking.
Fourth, trust people you can trust and learn from those who have achieved, and it is best to succeed three times.
Fifth, try your best to help others keep an open mind.
Sixth, evidence-based decision-making tools.
Seventh, the expression is calm.
If you can practice the above seven items regularly and purposefully, 18 months later, you will become an extremely open-minded person.
More content is in the circle of @ management thinking.
Chairman Tongcheng Yilong
Teach in person for one year
From scratch to 17 years 30 billion.
Management experience ranges from 5 people to 17 years 10000 people.
Founder and Chairman of Tongcheng Group
200 1 Dean of Tongcheng Business School joined Alibaba and became one of the early "China Contributing" iron armies; In 2004, I founded Tongcheng. With my teachers and classmates.
Fifteen years of entrepreneurship, starting from a student dormitory, from five people to more than 10000 people, with a total financing of 9 billion, including four investments by Tencent;
20 18 Tongcheng yilong was listed on the main board of the hong kong stock exchange;
In the next ten years, the group's goal is to create a market value of 654.38+00 billion in the main tourism industry, and at the same time accelerate the incubation of 654.38+000 companies with a market value of 654.38+00 billion.