Chapter 503 [The tide recedes to see who is swimming naked (luo)]
"As soon as the Archbishop loads up the coins, there is nothing else to do."
"I cried with an offense with a cry. I was the one who took over the market and lost more than 200,000 yuan. Now I'm trapped."
"Qu Qiu Qiu, you Archbishop, please leave this kind of trouble to me."
"Has the Archbishop been so worried that he hasn't come out for so long to chat with everyone?"
"The main thing is that whether or not money is a minor one. I like to do challenging things, such as this kind of trouble is very challenging, and I like to take on this kind of trouble."
"I'm stupid, I'm stupid when I hear this."
"The scalp is numb..."
"Although my heart hurts, I still want to glare at you!"
...
As Luo Sheng’s opening speech at the IT Summit was spread online, netizens couldn’t sit still and became popular. It was so easy to make it popular.
New subtitle emojis have begun to become popular online and soon become a new meme on the entire network.
At the forum summit, as time went by, after lunch, Luo Sheng participated in one-on-one dialogue and exchange at the deputy station next to the venue in the afternoon.
I have to say that Luo Sheng’s popularity is really nothing now, and the audience watching the side station where he is located is directly full.
Anyway, after the opening speech, the audience has already gained a new understanding of Luo Sheng.
At this time, Luo Sheng and the host were sitting on the simple stage, with a small round table in the middle and a lazy sofa in the seat.
The host looked at Luo Sheng: "I think what everyone is most interested in is that Bluestar Technology Group has grown to such a huge thing today. What is most amazed by industry insiders is not its scale, but its ability to be so terrible under such a huge scale. What is the reason? What are the tricks here?"
Similar issues have been discussed n times in the industry. Whether it is Blue Star Technology or Costa del Blue, what people are most amazed at is innovation capabilities.
The normal trend is that a company's innovation ability will often become increasingly weak, because when the company grows bigger and becomes oligopolistic, it will become more comfortable and loses its ambition to make progress, and its innovation will naturally decline.
Typical examples are traditional international manufacturers such as Nokia and Motorola.
Especially Nokia's mobile phone business once dominated the world, but now it is lonely. They have gradually been forgotten by people in today's smartphone era.
Instead, it is replaced by azure phones, iphone phones, Samsung phones, etc.
Luo Sheng lowered his eyebrows and pondered for a moment, then looked up at the audience, and his eyes fell on the host and began to answer.
"I think a company needs a basic platform. What does it mean? It is cash cow business. So what is cash cow business? It is a business that can create cash flow income stably for your company. Its characteristics are that it has a lot of money and is stable, but it will not have explosive growth."
"What is Alibaba's cash cow business? E-commerce; what is Tengxun's cash cow business? Online games. What about Bluestar Technology? We are divided into four categories, namely content ecosystem with information and knowledge as the core, big data and cloud computing services, online translation services, and advertising services."
As the current Internet giant, Alibaba and Tengxun only have one, but Bluestar Technology has four major cash cow businesses, which undoubtedly makes the industry insiders present feel extremely exaggerated.
What's even more exaggerated is that they think Luo Sheng is still conservative and missed at least one game business.
Bluestar Technology does not make games by itself, but the holding game companies under its control are also bringing a steady stream of revenue to Bluestar Technology, which exceeds more than 10% of the company's internal revenue structure.
Luo Sheng continued: "Capital is short-sighted and just wants to make money from the company. They don't care about how long the company can live, as long as they can be a tool person to make money for him. But entrepreneurs have a long-term vision, so entrepreneurs must do a good job in cash dairy business, even if it's thankless. Because only in this way can you do those fancy innovative businesses."
"So no matter how stable Bluestar Technology's cash cow business is, it will not be praised by people after the beginning, and it will not be praised by American investors in the future, and it will not be paid too much attention from the media industry in China. But this is the key to ensuring the healthy development and innovation capabilities of Bluestar Technology. Innovation requires funds to constantly try and make mistakes. Don't look at how many successful innovations Bluestar Technology has, what you don't know is how many failed innovations behind the successful innovations here."
After a moment of pause, Luo Sheng looked around the audience and added:
"I don't know if you still remember when the Azure-3 smartphone was released three years ago, the AI product of the smart voice assistant Xiaolan, started to be popular in artificial intelligence since that year, and many artificial intelligence companies have emerged at home and abroad, but it is just a hot investment, not an hot application."
"Those AI startups actually do not have a stable source of cash flow and cannot find enough customers to promote their technology. However, the company's employees have to pay wages every month, and the AI companies have also paid a lot of expenses. In this way, with the decline of the capital fever and the cold winter, a large number of AI startups have exhausted their last drop of blood and died."
"Only after the insurgency has receded, can we see who is swimming naked. Why do I say that artificial intelligence is likely to be born among large companies? Because large companies have the ability to replenish blood, Tengxun can replenish blood for other businesses through game business, Alibaba can replenish blood for other businesses through e-commerce business, and Bluestar Technology is the same."
"After all, it's a matter of money. Only with money can you make efforts and do new businesses you want to do. Only with money can you have the right to speak in the supply chain. Once with money, you can invest in new technologies and promote your new business."
Well, Luo Sheng’s subtext was understood by the audience.
To put it simply, with money, you can do whatever you want.
The host looked at Luo Sheng and said, "The achievements you have achieved have almost reached an unprecedented level. It is just that to interpret success in life. We have all seen your success, but have you made any mistakes?"
Luo Sheng nodded repeatedly: "Of course there is, as long as it is an inevitable thing for individuals to make mistakes."
The host asked with the opportunity: "What is the biggest mistake you have missed in your life?"
Luo Sheng covered his mouth for a while, and then replied under the gaze of his eyes: "I want to say that the biggest mistake in my life may be that I embarked on the road of entrepreneurship, founded Blue Star Technology, and founded the Costa del Blue. I never thought that it could develop to such a large scale and such a large influence today, and now it has brought me too many responsibilities and challenges."
At this moment, Luo Sheng ignored the stunned audience and the dazed host on the court, and continued to speak freely: "I am busy all day now and even lost my own life. I especially envy young people of my age. They just need to be themselves well, don't think too much, and live a relaxed and comfortable life."
"What I have to face when I wake up every day is the 500,000 employees of the following companies, and there are 500,000 families behind them. Anything I do may affect many people and things, whether it is good or bad, it will lead to you being vigilant every day. That's why I say that becoming an entrepreneur and embarking on the road of entrepreneurship is the biggest mistake I have made in my life."
At this moment, in this situation, the audience in the audience couldn't help but smile, but there was decadence in their smiles and a strong sense of mmp in their hearts. They really wanted to pat their butts and leave on the spot.
The host sitting next to Luo Sheng smiled gracefully in awkward manner and continued to advance the topic: "If you could choose again, will you become an entrepreneur?"
Luo Sheng replied firmly and without hesitation: "Absolutely not. If there is a next life, I will definitely not make the same choice. I will choose to be a music festival. I like music."
Speaking of this, Luo Sheng added with a smile: "You know, I play the piano very well, but that was the past and it is no longer possible now. Since the company's scale has grown bigger and bigger, I have probably... haven't touched musical instruments for two or three years. You don't have time. If I can start over, I want to be myself, enjoy my own life, and yearn for the kind of beautiful women in red and white friends in white, singing and drinking together in the morning."
At this time, the audience was speechless.
OK, you guys are right, and when you are in a good mood, you will "mock yourself" and your status has improved, but you still want to be down-to-earth. We ordinary people are not able to keep up with your many routines.
...
Chapter completed!