Reborn Entrepreneurial Giant.
Chapter 144 Before going public
Chapter 144 Before going public
Kingsoft went public in October, and its stock price has dropped by about HK$10, with a market value of about HK$3 billion. Rebus holds 30 million shares and is worth about HK$1.58 million.He is incomparable to Qu Li, a nouveau riche. He is used to seeing big scenes and doesn't care about small money.
Rebus became even more hesitant after leaving. He had long wanted to leave Jinshan, but now after listening to Qu Li, he felt that Jinshan had great potential. WPS is not as good as office, but it can focus on niche areas and enter the US market.
This young man is really awesome. He is not at all like these old people who are afraid of developed countries in Europe and the United States, and have delayed international development again and again.
Of course Qu Li is brave and fearless. He has led the country to rebirth more than ten years later, but deep down in his heart he has no yearning for developed countries in Europe and the United States.They are no good and will be replaced by us. What is there to envy now?
The Shanghai Composite Index fell from 6124 points, and fell below 5000 points in more than ten days. Unfortunately, Zhongshiyou still tricked many people, and the highest price rose to 42 yuan. This can be regarded as a blessing in misfortune.But there are a lot of rumors circulating on the Internet, saying that Qu Li is shorting A shares...
Fortunately, it was 2007. It would be more than ten years before anyone who shorted A-shares would be accused of treason. Probably after the leek was cut many times, he awakened to the trick of hating capital. Regardless of whether it is true or not, let’s criticize him first. Besides, some people among the short sellers really have different intentions.
Qu Li ignored the rumors. Without the news amplifier of Weibo, such baseless rumors would soon disappear.Jumei was about to go public, all promotional activities were cancelled, and sales began to decline. Qu Li took this opportunity to participate in training new employees.
Honor launched school recruitment in China after the National Day. After the Honor G1 was released and Google announced the establishment of the Open Mobile Phone Alliance, in order to improve its real-time combat effectiveness, it began to recruit mobile phone hardware talents from major mobile phone manufacturers such as HTC, Nokia, and Motorola, as well as software developers.
Let’s not talk about glory. During the school recruitment, Jumei’s reputation was not as great as it is now. It was not as attractive as Bai Du, Penguin, and Ah Li. Qu Li in particular was too exaggerated, which disgusted some people. The results of the school recruitment were not ideal. , most of those who can be beaten are recruited by social recruiters and headhunters.
Of course, Qu Li wanted to train new people, mainly about values, and improved what he and Rebus said: Jumei focuses on the three core efforts of e-commerce.
Product: including quality and brand
Price: High-tech, large-scale, high-efficiency and low-margin operations
Service: website shopping experience, payment convenience, express delivery timeliness, after-sales guarantee
The above are the requirements for corporate development. As for the company's corporate culture and values, you have to learn from Ali. In terms of bragging ability, Musk is better than Ma Yun.
"Stick to the bottom line of integrity"
"I don't know how, but I can learn"
"A person can go very fast, but a group of people can go very far."
"What matters is the kind of people you are with and the kind of things you do together."
“The more confident you are in the future, the more patient you will be in the present.”
“Insist on doing what is right, not what is easy”
These sentences have many meanings: first of all, adhering to the bottom line of integrity is the principle of life, and one must also do things without corruption.Qu Li is a junior high school student. His achievements today are achieved through "continuous learning." Therefore, Jumei should be a learning organization. Only by continuous learning and progress can it be possible to break the "entropy increase".
Then there is team building. While insisting on teamwork, we must eliminate the bad apples or those with inconsistent personalities. To put it simply, prepare for firing people.
The last thing is to adhere to long-termism and be patient for the long term.
The decline in orders for Jumei in November is not without its benefits. They have been recruiting people, but they have neglected training. Taking advantage of Qu Li's time, he conducted training on corporate culture and values for all employees, and then let the old employees understand Jumei's current situation. Provide feedback on important and urgent issues, and train new employees during this period.
This training is not only for training, because the company went public too early and many employees do not have shares. In order to appease them, corporate values training is a means to paint a cake, and it also needs to be able to reap the benefits.
This is where employee sequence and job level come into play. M is a management position (including the logistics department), and T is a product and technical position. Employee remuneration is paid in cash plus shares. Anyone who reaches a certain level can have company shares. The higher the level, the higher the level. The higher the M-series level, the more shares there are. The higher the M-series level, the less cash and more shares. The T-series technology masters default to one-to-one cash and shares, but they can choose more cash or shares.
This is good for the company's development, but the shares of major shareholders such as Qu Li will be continuously diluted, so the shares that employees receive every year are linked to the company's stock price and market value and remain within a certain ratio.
The specific details will be announced to all employees, but they will not be told the key points. Whether they can understand it or not is their own business.Anyway, Jumei’s salary package for its employees is at the domestic first-tier level.
The employee compensation system construction plan has been decided for a long time, but it was explained while giving training to employees.The effect is still very significant. With the implementation of the OKR+KPI assessment method, the company's operating efficiency has been further improved.
On Black Friday at the end of November, limited by Texas Instruments chip production capacity, BYD OEM only delivered 11 mobile phones, which were distributed to T-Mobile stores and sold out in less than a day.
HonorG1米国预订订单超过30万。德国T-Mobile正式对消费者开放HonorG1预订,很快就超过了30万台。国内的中移动送出一份10万台2G版本HonorG1的采购订单,曲黎抽空参与了签字仪式。然后继续催促德州仪器加紧芯片供应,米国已经有人在说他们搞饥饿营销了。
The sales of Honor G1 seem to be better than that of Apple iPhone. The design of the metal frame is widely praised. Who is the designer?Qian Cheng is a mobile phone hardware designer, and the industrial designer is definitely not Xiaomi’s Six Virtues. The Couliang mobile phone initially claimed that no design is the best design. Isn’t this nonsense?In order to save costs, mid-to-low-end cost-effective mobile phones are the best choice without design. Flagship phones have no design. Isn’t this fooling people?
So, the industrial designer of Honor G1 is Jiang Rong, a very thoughtful young man who recently graduated from a well-known art school. The business-style design of Honor G1 is thick and steady, attracting mature men. Although the iPhone is good, it has made too much progress and its own products are still immature, so it may be surpassed by Honor G1 in sales.
In fact, when he saw the release of Honor G1 and Google Android, Qiaobusi didn't take it to heart. He firmly believed that iPhone giving up the touch mode of physical keyboard is the future. Qu Li also knew that, but Honor has just started, and the full keyboard design has very It was a mature solution, and they only needed minor modifications, but a touch-screen phone with virtual buttons required more time and energy to polish, and it also needed the cooperation of Google Android. Everything was out of control. How could Qu Li dare to bet?
Honor, which is recruiting new employees, has already conducted pre-research on touch-screen mobile phones, established an official website and product community in the United States, and established its first after-sales repair service center in Austin, Texas, where the cost of living is lower.
Time also quietly came to December. Qu Li, Lin Bing, Xu Lei and others came to Silicon Valley to assist Brady in improving Shopee's middle-office management system and maintaining a consistent corporate culture and differentiated compensation system.
In less than half a month, the Jumei team, including Brady, returned to Zhongguo and started from Xiangjiang to New York to launch a 15-day listing road show. The Jumei IPO time was set for January 2008, 1.
Kingsoft went public in October, and its stock price has dropped by about HK$10, with a market value of about HK$3 billion. Rebus holds 30 million shares and is worth about HK$1.58 million.He is incomparable to Qu Li, a nouveau riche. He is used to seeing big scenes and doesn't care about small money.
Rebus became even more hesitant after leaving. He had long wanted to leave Jinshan, but now after listening to Qu Li, he felt that Jinshan had great potential. WPS is not as good as office, but it can focus on niche areas and enter the US market.
This young man is really awesome. He is not at all like these old people who are afraid of developed countries in Europe and the United States, and have delayed international development again and again.
Of course Qu Li is brave and fearless. He has led the country to rebirth more than ten years later, but deep down in his heart he has no yearning for developed countries in Europe and the United States.They are no good and will be replaced by us. What is there to envy now?
The Shanghai Composite Index fell from 6124 points, and fell below 5000 points in more than ten days. Unfortunately, Zhongshiyou still tricked many people, and the highest price rose to 42 yuan. This can be regarded as a blessing in misfortune.But there are a lot of rumors circulating on the Internet, saying that Qu Li is shorting A shares...
Fortunately, it was 2007. It would be more than ten years before anyone who shorted A-shares would be accused of treason. Probably after the leek was cut many times, he awakened to the trick of hating capital. Regardless of whether it is true or not, let’s criticize him first. Besides, some people among the short sellers really have different intentions.
Qu Li ignored the rumors. Without the news amplifier of Weibo, such baseless rumors would soon disappear.Jumei was about to go public, all promotional activities were cancelled, and sales began to decline. Qu Li took this opportunity to participate in training new employees.
Honor launched school recruitment in China after the National Day. After the Honor G1 was released and Google announced the establishment of the Open Mobile Phone Alliance, in order to improve its real-time combat effectiveness, it began to recruit mobile phone hardware talents from major mobile phone manufacturers such as HTC, Nokia, and Motorola, as well as software developers.
Let’s not talk about glory. During the school recruitment, Jumei’s reputation was not as great as it is now. It was not as attractive as Bai Du, Penguin, and Ah Li. Qu Li in particular was too exaggerated, which disgusted some people. The results of the school recruitment were not ideal. , most of those who can be beaten are recruited by social recruiters and headhunters.
Of course, Qu Li wanted to train new people, mainly about values, and improved what he and Rebus said: Jumei focuses on the three core efforts of e-commerce.
Product: including quality and brand
Price: High-tech, large-scale, high-efficiency and low-margin operations
Service: website shopping experience, payment convenience, express delivery timeliness, after-sales guarantee
The above are the requirements for corporate development. As for the company's corporate culture and values, you have to learn from Ali. In terms of bragging ability, Musk is better than Ma Yun.
"Stick to the bottom line of integrity"
"I don't know how, but I can learn"
"A person can go very fast, but a group of people can go very far."
"What matters is the kind of people you are with and the kind of things you do together."
“The more confident you are in the future, the more patient you will be in the present.”
“Insist on doing what is right, not what is easy”
These sentences have many meanings: first of all, adhering to the bottom line of integrity is the principle of life, and one must also do things without corruption.Qu Li is a junior high school student. His achievements today are achieved through "continuous learning." Therefore, Jumei should be a learning organization. Only by continuous learning and progress can it be possible to break the "entropy increase".
Then there is team building. While insisting on teamwork, we must eliminate the bad apples or those with inconsistent personalities. To put it simply, prepare for firing people.
The last thing is to adhere to long-termism and be patient for the long term.
The decline in orders for Jumei in November is not without its benefits. They have been recruiting people, but they have neglected training. Taking advantage of Qu Li's time, he conducted training on corporate culture and values for all employees, and then let the old employees understand Jumei's current situation. Provide feedback on important and urgent issues, and train new employees during this period.
This training is not only for training, because the company went public too early and many employees do not have shares. In order to appease them, corporate values training is a means to paint a cake, and it also needs to be able to reap the benefits.
This is where employee sequence and job level come into play. M is a management position (including the logistics department), and T is a product and technical position. Employee remuneration is paid in cash plus shares. Anyone who reaches a certain level can have company shares. The higher the level, the higher the level. The higher the M-series level, the more shares there are. The higher the M-series level, the less cash and more shares. The T-series technology masters default to one-to-one cash and shares, but they can choose more cash or shares.
This is good for the company's development, but the shares of major shareholders such as Qu Li will be continuously diluted, so the shares that employees receive every year are linked to the company's stock price and market value and remain within a certain ratio.
The specific details will be announced to all employees, but they will not be told the key points. Whether they can understand it or not is their own business.Anyway, Jumei’s salary package for its employees is at the domestic first-tier level.
The employee compensation system construction plan has been decided for a long time, but it was explained while giving training to employees.The effect is still very significant. With the implementation of the OKR+KPI assessment method, the company's operating efficiency has been further improved.
On Black Friday at the end of November, limited by Texas Instruments chip production capacity, BYD OEM only delivered 11 mobile phones, which were distributed to T-Mobile stores and sold out in less than a day.
HonorG1米国预订订单超过30万。德国T-Mobile正式对消费者开放HonorG1预订,很快就超过了30万台。国内的中移动送出一份10万台2G版本HonorG1的采购订单,曲黎抽空参与了签字仪式。然后继续催促德州仪器加紧芯片供应,米国已经有人在说他们搞饥饿营销了。
The sales of Honor G1 seem to be better than that of Apple iPhone. The design of the metal frame is widely praised. Who is the designer?Qian Cheng is a mobile phone hardware designer, and the industrial designer is definitely not Xiaomi’s Six Virtues. The Couliang mobile phone initially claimed that no design is the best design. Isn’t this nonsense?In order to save costs, mid-to-low-end cost-effective mobile phones are the best choice without design. Flagship phones have no design. Isn’t this fooling people?
So, the industrial designer of Honor G1 is Jiang Rong, a very thoughtful young man who recently graduated from a well-known art school. The business-style design of Honor G1 is thick and steady, attracting mature men. Although the iPhone is good, it has made too much progress and its own products are still immature, so it may be surpassed by Honor G1 in sales.
In fact, when he saw the release of Honor G1 and Google Android, Qiaobusi didn't take it to heart. He firmly believed that iPhone giving up the touch mode of physical keyboard is the future. Qu Li also knew that, but Honor has just started, and the full keyboard design has very It was a mature solution, and they only needed minor modifications, but a touch-screen phone with virtual buttons required more time and energy to polish, and it also needed the cooperation of Google Android. Everything was out of control. How could Qu Li dare to bet?
Honor, which is recruiting new employees, has already conducted pre-research on touch-screen mobile phones, established an official website and product community in the United States, and established its first after-sales repair service center in Austin, Texas, where the cost of living is lower.
Time also quietly came to December. Qu Li, Lin Bing, Xu Lei and others came to Silicon Valley to assist Brady in improving Shopee's middle-office management system and maintaining a consistent corporate culture and differentiated compensation system.
In less than half a month, the Jumei team, including Brady, returned to Zhongguo and started from Xiangjiang to New York to launch a 15-day listing road show. The Jumei IPO time was set for January 2008, 1.
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