Reborn Entrepreneurial Giant

Qu Li has always wanted to do satellite Internet, so why not go to Po County? Of course, it is because he has thought a lot about the reaction of relevant departments, such as whether he can enter the domestic market in the future, and will he be targeted?

Although it is not possible to establish a commercial satellite Internet company now, it does not mean that he cannot launch satellites with Internet functions for testing. There are domestic private companies engaged in satellite design and manufacturing, and he has invested in several relatively reliable ones.

The investment of Casting a Wide Net is to achieve strategic goals, not to make profits, so the priority of return on investment is not high. Whether it can be done well is the key. This year's Suzaku 4 rocket launch will carry Internet satellites to the sky.

Galaxy Power has two launches this year, one in May for the first launch of the nine-Starfire engine Suzaku 4, and one tentatively scheduled for October. Their choice of launch time and location is relatively flexible. The rocket design and manufacturing follows the SpaceX route, and there is no dust-free workshop.

Galaxy Power is still in the technology accumulation period. When Suzaku 4 is finalized, it will become their main rocket. They will go back and improve the previous Suzaku 2 and 3 to increase the success rate.

Qu Li was also idle in Beijin. He flew to Yangcheng and came to Nansha to see his cars and rocket base. When he had time, he went to Time Jumei to check in.

If Ali was in its heyday in 14 to 15 years, now Time Jumei is also in its heyday, with social networking, e-commerce, search, short video, games, domestic and foreign. Although they are not industry leaders, who can be as comprehensive as them?

However, there are also hidden worries. With the strong support of Ma Yun, Taotian's Maozhan is about to overtake Jumei. However, it has just lowered its standards and gradually emerged as a new force in Juhuasuan, which has brought huge pressure to Taobao.

The two companies are chasing each other, but the group buying and food delivery businesses are basically divided into winners and losers. Meituan Wangxing’s team is better. Alibaba basically gave up its music video website and focused on local life services and cloud computing.

Time's music and film industry is now the industry leader, but it is not far behind Goose Factory. Baidu makes videos and NetEase makes music. They are all three pillars.

Qu Li originally wanted to make money from Internet finance and social short videos to support Jumei's retail business. Unexpectedly, he thought too much. Developing foreign short video businesses requires money, so he relied on domestic financial payment businesses to maintain financial balance.

Don’t forget that there is cloud computing. What Qu Li is best at is saturation attacks, and the efficiency of spending money is not high, so cloud computing is still being invested and he keeps losing money. Fortunately, they have search and e-commerce advertising businesses, but they also have video copyright procurement, ancient songs, browsers and other apps focusing on news and information...

With the increasingly complex business lines, it has become difficult for the middle office to play its role, so it is better to split them up. Qu Li’s idea is that one of them will be e-commerce retail, cloud computing and search business; the other will be social, financial and gaming business. . ACFun belongs to the former, and Youku belongs to the latter.

There are definitely benefits to doing this, but the key is that the two businesses are incompatible. Wanting to run a good business requires two kinds of thinking. Qu Li used to maintain a promise-and-leave attitude, and he knew how to succeed in WeChat and Instagram, so he did "whatever he wants" "Don't go beyond the rules." It's different now. Let's not talk about internal conflicts, let's talk about the emphasis on public opinion overseas. While focusing on time, will it implicate Jumei?

It is also difficult to separate the two companies. WeChat and Instagram are the entrances to the mobile Internet and can divert traffic to Jumei and Juhuasuan. Their strategic value is too great. And financial payment can really make money, a lot of money.

Although it is difficult, we still need to be prepared for the split and implement two management systems internally, which is to start the joint CEO system. Although there are still problems, for example, what should Lu Qi and Lin Bing be unwilling to do? Of course it's violent!

However, we still have to preserve each other's dignity without breaking each other's skin. Shiguang Jumei should not reach that point. Fortunately, they have a rotating CEO system. As for internal rotation, Shiguang and Jumei still have to continue. Why? It is said that large companies need to be ambitious, and the cost of job rotation is too high, but it is necessary to cultivate talents.

Fortunately, Time Jumei is a large company, and those who participate in the job rotation are expected to become senior executives of the company. Generally, they will not resign. If it is a small and medium-sized enterprise, and the employees are familiar with the company's business, who wouldn't want to start a business to make more money? It is said that Mindray Medical used to train its employees to be all-rounders, but as a result a large number of talents were poached. Later, it changed its plan and used talents as screws.

In a market economy environment, the choice after the game between talents and enterprises is often not the optimal solution. It is meaningless to blindly criticize one of them.

When Qu Li was discussing the future with Lu Qi, Lin Bing and others at Time Jumei, unknowingly, the conference was over. Chen Danlin returned to Yangcheng and summoned Qu Li.

Despite their efforts, the "satellite Internet" project still has no success, and they don't know where the resistance comes from, which is unsolvable. Since there is no other way, then do what you can do first. As long as Galaxy Power's launch capability is unparalleled in the country, he will always find an opportunity.

As for the gap between domestic rocket launches and SpaceX, I won’t go into details. Officially recognized things, with the success of Falcon 9 and Falcon Heavy, only then did they pay attention to this American private rocket launch company. At that time, I wanted to learn Their multi-engine model is years behind.

Galaxy Power was established in 2012, and it has been more than 6 years now. With the support of its financial capabilities and modern enterprise management system, it has worked hard to catch up, but it still has not reached the level of SpaceX in 2010.

Although Qu Li is not in a hurry, he still recognizes the reality. His ability has limits, the role of money is limited, and scientific and technological progress follows objective laws! So he joined Galaxy Power and took a position there, participating in the company's management and responsible for establishing a more efficient R\u0026D system.

As for the future, he is going to hand it over to Xia Mingfei. This executive who is unfazed by favors and humiliations and has built a global sales system for the future is worthy of his trust.

Facts have proved that he was absent for almost all of last year and nothing happened to the company. Xia Mingfei should be able to shoulder the heavy responsibility. Before that, he had to work with Chen Danlin to handle the affairs of Fenghua International, Telecommunications Yinghe, and Yinghe Real Estate.

Shein's outbreak is inseparable from Sichuan Baobao, as well as the "internal strength" they have painstakingly cultivated over the years. In terms of supply chain management, Qu Li knows too many elites, and there are always people who are willing to join his and Chen Danlin's small companies.

Shein is developing well, but Danlin's offline physical fast fashion business is not going well. The main reason is that Chen Danlin has many things to be responsible for and cannot take care of it. There is really no way to do this. I count on professional managers to do their best, provided that you can control it. Chen Danlin is different from Qu Li and does not have his intimidating power.

It’s just that the Yueji brand has developed well. It does not make luxury goods, but a high-end handicraft brand with intangible cultural heritage. It cooperates with some intangible cultural heritage people to keep the original craftsmanship unchanged while making some designs that are in line with modern oriental aesthetics, and at the same time cultivating Craftsmen increase production capacity. Of course, it is mainly concentrated in the field of clothing accessories, and maybe it will be able to go abroad in a few years.

After seeing more and understanding more, Chen Danlin’s aesthetics has also improved. It is very possible to create a Yueji brand. Of course, this is related to national strength. If the people have no self-confidence, how can there be a domestic luxury brand.

Chen Danlin's approach attracted the attention of many people in the industry, and the horse-faced skirt promoted by Yueji became a popular fashion in China.