After reading this letter, I personally found it quite interesting. I would like to share it here. You are welcome to comment on your feelings after reading it. The following content is excerpted from a letter sent by Meihua Venture Capital Xinli to Xinli Association members.
A letter to members of the Xinli Association
1. Many people’s correct decisions end in vain: ask a person who has only ridden a bicycle, is the ideal car worth buying? Ask someone who has never benefited from equity investment, should you do Plum Blossom LP? ... Wrong decisions and missed decisions are often caused by the wrong people you consult. One way to give advice to your sister-in-law is: I am doing it for your own good. When you meet someone who is not as good as you, be firm in your thoughts. When you meet someone who is similar to you, be suspicious of your own thoughts. When you meet someone who is better than you, deny your own ideas.
2. Man’s only real asset is time. The only strategy that matters is how you use your time. Don't care about price for valuable things, and don't waste time on worthless things. Whether decision-making is based on price thinking or value thinking, the results are very different. Starting a business is like putting together Lego. Time is not spent looking at drawings, but time is often spent looking for parts. There are three things that are always important for founders: finding people, finding money, and finding direction.
3. If an entrepreneur does not thoroughly reflect on a lesson, the lesson will be repeated over and over again until you learn it completely. If you teach someone, you will not be able to do it a hundred times; if you teach someone, you will be able to do it once. What can convince a person is not preaching, but the southern wall.
4. The opportunity for the poor to turn over is to make a big bet. Without the number of chips, there must be multiples, and it is impossible to turn over successfully with even bets. Your major investments include money, time, energy, and loyalty. The so-called first pot of gold is the amount of money that takes you to the next level. This society is both realistic and cruel. Money flows to those who are not short of money, and suffering is reserved for those who can endure it.
5. Many people’s lives are better than before, but they are not happier than they imagined. The first level of human happiness is determined by the senses, the second level is determined by dopamine, and the third level is determined by endorphins. Most people have the first level, but most people don’t have the third level. What really distinguishes people The level of happiness is determined by the amount of dopamine secreted by the second layer. From the perspective of dopamine, it is boring to have the stock. It is interesting only to obtain increments. Don’t rest on your laurels, but to establish new achievements. Only when there is increment can you have dopamine and you will have it. More happiness. Cross-border talk shows for investors are also increasing.
6. Bastardism is a game of "if the level is equal, you will make fewer mistakes than anyone else." Similarly, entrepreneurship is a game of "if the strategy and tactics are clear, who is leaner and who is more cunning". Among the new car-making forces, Ideal makes the fewest mistakes in the same thing, which is more than half of the victory.
7. To evolve, entrepreneurs must leave their comfort zone and enter the adaptive zone. Whoever suffers changes, whoever changes adapts, and whoever adapts benefits. The most effective way to leave your comfort zone is to use others as a mirror to reflect your own problems. Ordinary people like to hear nice words, just like children like to eat sweets, which are sweet but useless. Masters like to listen to unpleasant words, just like adults like to drink tea, which is bitter and detoxifying.
8. Don’t attract people to start a business, but attract the people you need along the way to start a business. To attract people to start a business, you have to make a commitment. Promise gives people certainty, and certainty leads to laziness and evildoing.
9. Smart people look for fools as opponents and experts as friends. This is against human nature, but it is in line with common sense. Stupid people seek out masters as opponents and fools as friends. This is in line with human nature, but goes against common sense.
10. Human beings have three lives: one birth, one mental emergence, and one cognitive awakening. Mental strength and cognition are the two channels of Ren and Du for entrepreneurs. Only by opening them up can we truly be invincible. Success without mental effort and cognitive growth is more terrifying than failure, because eventually time will bring the luck-like success back to its original shape. Climbing up the ladder is difficult, and falling down only takes a short time.
11. People are born with double standards. Understanding the double standards of others and overcoming your own double standards is a lifelong practice. It is a very painful mental training. It also distinguishes whether a person can be truly objective, honest, and empathetic. Heartfelt.
- Don’t overspend and don’t exceed your ability to bear
- Make smart investments
- Stay away from toxic people and toxic activities
- Keep learning for life
- Do more things that delay gratification
Otherwise, you need to have really, really good luck! Everything that the master thinks is ordinary is not simple at all. Most people eventually hope that they will have very, very good luck, and they do not hesitate to spend time burning incense and worshiping Buddha. They choose to enter the temple before evolving or entering the company.
13. No money raised is spent, only the money that can be earned from the market is spent. A first-rate entrepreneur always has the ability to make money far greater than the ability to raise money. 95% of founders' ability to spend money requires a painful price to develop. It is very important to be stingy when you don't know how to spend. Many founders spend their money on the back of the knife, or even on the handle, but not on the blade.
14. People are like this, even if they are barely, as long as they can lead their opponents in some aspects, they will be in good shape, and they can even exert 120% or 150% of their strength. We must bite the bullet and stay ahead, and give full play to the "big tree principle": "In the forest, the taller the tree, the more sunlight it can get, and the faster the tree will grow under photosynthesis."
15. There are always a majority of people sitting on the wall in an enterprise. It is normal for them to sit on the wall and wait and see when you are not good or when you make mistakes. If you use a single and absolutely loyal value, they will be pushed towards you. counterparty.
16. The hidden rules of entrepreneurial social networking are only screening, not education. Changing others is a kind of great internal friction, changing yourself is a kind of growth. Good times and bad times are reflections of the heart. If you are attached and your heart is moved, it will be bad times for you; if you let go and your heart will not move, everything will be good times.
17. When people go to higher places, they go to higher dimensions in order to obtain more information, not just abilities. In a higher dimension, the speed, density, and accuracy of information you grasp are completely different, and they will become your cognitive depth. With the thickness of cognition, reduce dimensions, be compatible, and serve the users you can serve, this is the logic of making money.
18. "True light is never a time without darkness, but it is never obscured by darkness. A real hero is never a time without humble sentiments, but never succumbs to humble sentiments." ― I appreciate it very much. of a passage.
Meihua Venture Capital Xinlihui Wu Shichun