In the long history, there is always such a group of people: they have profound wisdom, lofty aspirations and incomparable perseverance. They have made outstanding contributions to the development of society, set an example for future generations and had a far-reaching impact on future generations. Their names are known to future generations, and people will always remember them. This is a celebrity. The following is the story of Li Yanhong's entrepreneurship that I helped you organize: Learn to seize the opportunity and welcome everyone to share it.

Li Yanhong's Entrepreneurial Story: Learning to Seize Opportunities

199 1 year, Li Yanhong came to new york State University in Buffalo for graduate study, and he first came into contact with golf. In the United States, where 400 courses are added every year, some people sum up men's extreme happiness into two items-cigars and golf. Since Li Yanhong fell in love with golf, he began to insist on going to the next driving range every week. During the interval of playing ball, the instructor said a seemingly casual sentence, "Search engine technology is the most basic function of the Internet and should have a future." At this time, the internet in the United States has not yet begun to spread, but Li Yanhong has already started to take action-coming back from specializing in computers and starting to study information retrieval technology. From then on, look for search. "。

In his entrepreneurial story, Li Yanhong tells that entrepreneurs need to learn to seize entrepreneurial opportunities in the early stage of their business, so as to help them start their own businesses. So how can entrepreneurs successfully seize the opportunity of starting a business?

First, rational entrepreneurship.

Especially when starting a business for the first time, we must think rationally and make clear the following problems: first, the profit model of starting a business must find profit points and have clear profit sources; Second, we should make the worst-case operating budget, instead of using ideal data to forecast, to prevent the phenomenon of small investment budget, inaccurate market forecast and low cost estimation. Too idealistic will inevitably lead to high expected returns and will be caught off guard when problems arise; Third, we must have the ability to integrate resources. When starting a business for the first time, we should "integrate all available forces" and build an organism with complementary advantages. This can effectively reduce costs, improve operational efficiency, and get twice the result with half the effort; Fourth, the "chain" of various resources cannot be broken. Resources here refer to raw and auxiliary materials, talents, products, funds, channels and other elements. In order to do this, enterprises must reduce their dependence on certain resources or have the ability to mobilize and contain resources.

Second, introspection analysis

When starting a business for the first time, you may encounter risks from different aspects, such as policy risks, such as national and local laws and regulations, industrial policies, temporary and sudden policies and regulations. Decision risk, different decision schemes, different opportunity costs and different opportunity risks; Market risk, which is the core risk factor, such as the emergence of stronger competitors leading to intensified competition and changes in the market situation; Expansion risks, such as enterprise scale expansion, business field expansion, project expansion, etc. It is extremely dangerous to expand blindly and fail to keep up with the ability and market demand of enterprises; Personnel risk, in fact, personnel risk is not only manifested in making the enterprise organization unable to operate normally, but also in digging the "corner" of the startup from competitors when employees cannot be used by the startup. Faced with different risks, we need to examine and analyze them ourselves, and have some basic qualities, such as courage and confidence, industry background and thinking ability.

Third, it has entrepreneurial spirit.

Entrepreneurship always needs opportunities. In addition to accurate market positioning, the success of the first venture depends largely on the personal quality of the entrepreneur. If you have a good professional background, network resources, business wisdom, etc. Your entrepreneurship will greatly increase the success factor. Entrepreneurship is not a model that can be cloned, but passion and emotional input are the * * * factors of success. In the process of starting a business, we should learn to give up appropriately. Due to limited resources and capabilities, we need to focus on projects with advantages. The so-called accumulation can make us thin, and blind diversification is fatal.

Expanding reading: the story of Li Yanhong studying abroad

Like many international students from Peking University, Li Yanhong applied to more than ten American universities and was finally admitted to Bufano University in New York State.

199 1 On Christmas Day, Li Yanhong boarded a plane from Beijing to Los Angeles. He will study for a doctorate in computer science at the University of Buffalo in new york.

His third sister studied in America a few years ago and met him at Los Angeles airport. In June+February, 5438, the weather in Los Angeles was refreshing, with a typical maritime climate. My sister took him to Hollywood, Long Beach, Disney and China City. I can't wait for him to see America in three days. At this time, Li Yanhong is like a migratory bird who just flew from the north to the south for the winter. Everything in sight is so fresh, so deja vu. After a week in Los Angeles, Li Yanhong bid farewell to the west coast and flew to new york.

Buffalo has beautiful scenery. When Li Yanhong first set foot on this land, it was covered with ice and snow. The computer department of this university ranks in the top 20 in the United States. Originally, Li Yanhong went to Stanford and Berkeley, California, but in those years, IT in the United States was so hot that computer education in China was basically a "baby" in the eyes of these schools, and Chinese mainland students were not recruited at all. Bufano is not going to recruit mainland students just because the school has hired two professors from Chinese mainland. At the request of professors, the school made an exception and recruited several students from Chinese mainland.

Bufano University near Niagara Falls, influenced by Lake Erie and Lake Ontario, snows for six months in a year. When he first came, Li Yanhong took classes during the day and tutored English and wrote programs at night. He is often busy at school until two or three in the morning. His diligence is actually a true portrayal of many China students who have just arrived in the United States-tutoring, attending classes and working.

Soon, Li Yanhong couldn't stand the freezing cold in Bufano at night, so he took out $ 1 000 from his study abroad expenses and bought a second-hand Toyota car. The campus parking lot will be emptied at 2 am, which is the latest time for Li Yanhong to stay at school. The snow is deep and the ice is thick. Every time you start a car, you can't start it without 10 minutes of preheating and cleaning time.

When Li Yanhong was studying in Buffalo, he moved three times. He shared a room with a couple for the first time in China. They don't get along well because the couple often lie about their monthly telephone bill. The second time, the environment was good, but the landlord's cat made him allergic. The third time, I shared a room with an international student from Hong Kong. The two sides hit it off and were close to the school. Both of them are very satisfied. During this period, Li Yanhong's spoken English and professional English have made great progress. In this way, he spent the most difficult period of studying in the United States-the "running-in period" that international students often say.

The story of Baidu Li Yanhong working on Wall Street

International students who have passed the "running-in period" will always be a little fidgety. For example, taking a part-time job outside the school, participating in the organization of alumni associations and hometown associations, in short, "not idle."

1April 1993, Li Yanhong had the idea of "going out to have a rest". May to August is the summer vacation of the school. It is boring to stay at school, so he decided to "work".

Li Yanhong read many job advertisements on the Internet, and as long as he thinks it is appropriate, he will submit his resume. After another "extensive planting and rare harvest", he got another surprise "luck"-a company named Panasonic was willing to accept his internship.

The internship at Panasonic Company changed Li Yanhong's life.

The news that Li Yanhong will go to a company for internship soon spread among international students in China-the company offered Li Yanhong an internship fee of $25 per hour. Under the same conditions, this company offers a high salary, which is almost unheard of among international students. Interestingly, when his roommate in Hong Kong asked him, "Which company did you go to?" At that time, he replied shyly, "a small company with a strange name is called Panasonic." The roommate was shocked after hearing this. "This is still a small company, a famous Panasonic in Japan." . Li yanhong suddenly realized. It turns out that Panasonic is a Japanese literal translation of Panasonic in Japan. No wonder it's so embarrassing. 1May, 993, Li Yanhong officially worked as an intern in Panasonic Institute of Information Technology. This is the first time in his life to go to work, and it is the beginning of earning money by himself. Princeton is a quiet and beautiful town. The famous Princeton University once trained Einstein and other great scientists. At the same time, it is also the research base of industry, especially IT.

Panasonic's working environment is very comfortable, and you can see the indoor garden in the hall as soon as you enter the door. After work, Li Yanhong often sits in the garden and reads newspapers. The Wall Street Journal is his favorite newspaper.

In Panasonic, Li Yanhong studied OCR (Optical Character Recognition). During his internship, he put forward an algorithm to improve the recognition efficiency, which was highly valued by Panasonic, so that when he had to return to school after his summer internship, Panasonic broke the routine and continued to hire him to work part-time at school, and encouraged him to write and publish this research result. When Li Yanhong later read this research achievement at an international academic conference, he was praised by a "Taishan Beidou" in the international OCR academic community. Under his recommendation, this achievement was successfully published in the international authoritative academic journal Pattern Recognition and Machine Intelligence. It is only a matter of time before the tutor decides that he has a doctorate. Moreover, if there are no special accidents, Panasonic will definitely hire him with a high salary after his doctoral graduation. Li Yanhong's journey to the United States seems to be smooth sailing, and then it will naturally be the golden road of "doctor-professor-authority", which was his ideal when he came out of his hometown of Yangquan.

However, when Li Yanhong was studying in the United States, it was the time when Clinton and Gore advocated information expressway. With Internet technology as the forerunner, a large number of companies go public to make money, and the flow of talents in each company is extremely active. At this time, there is a general trend among students studying in the United States. As long as there is a job, most students who are studying for a doctorate will leave with a master's degree.

Li yanhong really wants to wait until he gets his doctorate before going to work, but the people in this company are very enthusiastic about him and the boss appreciates his research very much. Moreover, their academic talk is also very speculative, which makes them feel reunited after a long separation. Being an engineer or a scientist, Li Yanhong once again faces the choice of life. In the end, he chose to give up his doctoral studies and become a "senior consultant" of this company. Li Yanhong's dream of becoming a scientist was shattered.

Soon after, when he was the designer of the online real-time financial information system of The Wall Street Journal, Li Yanhong became the first person to create ESP technology and successfully applied it to the search engine of INFOSEEK/GO. COM GO。 COM's image search engine is another technological innovation with great application value.

In 1996, Li Yanhong took the lead in solving the problem of how to perfectly combine the ranking based on web page quality with the ranking based on relevance, and thus obtained an American patent.

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