When it comes to recruiting people, it’s not necessarily the more capable the better, but the more suitable you are, the better.
This is Zhou Xin’s deepest experience in recruiting people when starting a business from scratch.
Generally speaking, the more capable a person is, the more ideas he has. When he works here, when his improvement rate is greater than the development space the company can provide him, he will have the idea of changing jobs or starting his own business.
In China, which started the rapid development of chip pigs in 2018, there are only a few people with strong abilities and sufficient academic background.
But the semiconductor industry also pays attention to stability. You only get familiar with the machine, and then you have to change jobs. I have to recruit people again to get familiar with the machine and production.
Zhou Xin has experienced this pitfall before.
There are several reasons why he finds it easy for Wu Shiqiang.
First of all, Wu Shiqiang did not refuse when faced with his needs, which included many small-amount remittances and required the bank's cooperation in providing a mobile phone number and postscript.
Wu Shiqiang has no resistance to new things. He will first understand and then have a try.
This is very important for investing in Internet startups in China. Although Zhou Xin himself is clear about the investment target, the person responsible for the specific implementation also needs to have a proactive attitude.
The second thing is that Wu Shiqiang can stay in the San Francisco branch for five or six years without moving. Patience is equally important.
These two qualities are enough to serve as an investment manager.
"Mr. Zhou, I am very grateful to you for giving me this opportunity. I am also willing to work for you, but I am very curious, that is, why choose me?"
With Zhou Xin's rapid rise, he is now the most famous Chinese in the entire San Francisco Bay Area after Jerry Yang.
Since the San Francisco Branch of China National Bank had transactions with Zhou Xin, Wu Shiqiang once personally helped him handle business.
Therefore, Wu Shiqiang has a more intuitive understanding of Zhou Xin's rise and wealth.
Zhou Xin stayed in the account at the San Francisco branch of China National Bank, and to this day there is still a steady flow of dollars coming in.
Compared with being a person in charge in the lobby, being an angel investor is obviously much more interesting and more promising.
It is written on your resume that from 1999 to ****, you worked in the sales department of the San Francisco Branch of China National Bank.
Let me write down a story: From 1999 to ****, I led the establishment of an angel investment institution, and participated in how many investments, how many billion RMB was invested in total, and what was the return on investment.
Obviously the latter piece of resume will be more helpful for your later career.
Wu Shiqiang also knows his background, and it is the limit for him to get to this position.
If he climbs up any higher, he neither has the ability nor the corresponding means.
Being able to work for Zhou Xin, but as a senior manager, is a rare opportunity.
But the more this happened, the more Wu Shiqiang felt that he needed to ask some questions clearly beforehand.
“Because I think you have a nose for the Internet.
I visited all the bank branches in San Francisco and you were the only one willing to do this business.
Only you realize that our business is valuable. "
Zhou Xin said seriously.
He did think so too.
Compared with the job market in China, America's job market does not value academic qualifications so much.
The job market in China has almost all the rules and regulations. If you graduate from a school of any level, you can enter a company of the corresponding level.
Qingbei goes to the headquarters, 985211 goes to the provincial branch, one goes to the city branch, and the second goes to the county branch.
This is true for large state-owned banks, and the same is true for other enterprises.
But in foreign countries, luck is often more important than academic qualifications.
Zhou Xin has heard many similar cases in Amerikan, both in the past and now.
He also had this consideration in choosing Wu Shiqiang.
"This is just for the sake of us being Chinese. You looked very tired at the time. I thought that we are all compatriots, so I would like to help if I can.
It’s not about realizing the value of the business itself.
To be honest, what I was thinking at the time was that it would be great if your game could sell a thousand copies.
As a result, your sales have now exceeded two million. "Wu Shiqiang is very candid.
Zhou Xin nodded and said: "Empathy is also a kind of ability.
It does not matter.
Since I will call you to meet today, it means that you are the best candidate in my mind.
From a purely ability perspective, this is not particularly difficult.
Because the final decision on investment is in my hands, not yours.
You just need to follow my instructions, select the companies you think are promising, and then send them to me.
I will tell you the companies I think you can invest in, and then you can negotiate with them and try to get conditions that are favorable to me as much as possible.
But in the end it’s up to me to decide whether to vote or not. "
Wu Shiqiang understood it instantly, which was equivalent to the nature of a researcher.
The risk is entirely borne by Zhou Xinlai.
Failure in investment is not terrible. What is terrible is that after the investment failed, you were laid off, and you only have the experience of failure on your resume.
As an investor, if your resume only contains failures, then no matter how capable you are, it will be difficult to find anyone willing to hire you.
The level of superstition in the financial world is even greater than that in the entertainment industry.
"Then I understand. In fact, after you and I had a preliminary chat about this matter on the phone, I had preliminary thoughts.
When you go back to invest, look for companies listed on Nasdaq, and then look for their benchmark companies in China.
The models of these companies have been proven in Amerikan and can be successful.
Then if I look for similar companies to invest, the probability of success is guaranteed. "
Wu Shiqiang paused for a moment and then continued: "That's not entirely the case.
Like Amazon, China's infrastructure construction and logistics system are not well established. The only way for this type of business to succeed in China is to wait.
Waiting for the relative improvement of infrastructure.
If we invest in similar companies prematurely, there will be a very long waiting cost.
And when the time comes, it may not be that the companies we invest in will succeed.
However, companies such as online forums and portals that rely entirely on online models have a relatively higher probability of success.
Nasdaq also has a higher recognition of such companies. "
Zhou Xin nodded and said: "You are right, but have you ever considered a question.
That is, there are many investment institutions that can realize this.
The more famous one is IDG.
There are also some other Americen Capital, such as Americen Investment Institution, which invested US$6.5 million in Sina the year before last, and invested in the state-owned capital of Yinghaiwei.
From international capital to state-owned capital, everyone wants to invest in portal websites. Why do they choose us?
Sometimes the investment opportunities that appear outside mean that you have to face many competitors.
Uncovering the treasures hidden beneath the water is the first lesson for investors. "
