Eight Elements of Successsuccess can not be copied, but there are rules to follow. Danny Yu summed up the eight ingredients of success, whether you have it? Anyone want to have a successful career, especially entrepreneurs are more eager to succeed. In fact, success is not the law, every successful entrepreneur, successful companies have a unique experience and experience. We often someone as an example, or study a company's business model, which is wrong. For example, in Silicon Valley, no second HP, Apple's second home, second home Google, the second Facebook, but no Nike Air Max second Genentech, the second Gilead, the second BioMarin. All famous companies and organizations have unique success in the world. Which elements succeed in the end want? Assume the horizontal axis is time, vertical axis is the value, success can be defined as time value growth. The value of faster growth, greater success. Horizontal and vertical Nike Zoom Soldier VII coordinates, respectively, put the English words beginning with P 4. Words on the horizontal axis is the essential quality of the entrepreneur, and the ordinate represents the focus of the business record. Look at the horizontal, the entrepreneur must Nike Air Jordan 12 have passion, to adhere, patience, energy cooperation. Comprehensive ability these four qualities are often indicators of success. Passion, passion. Whenever I come across people who want to start, I used to gaze at his eyes, because his eyes would tell me many stories. In my opinion, passion is the first quality of the entrepreneur must possess. This from the heart, can not hide the passion makes me feel threw entrepreneurs will move forward the struggle for their cause. This passion can put a lot of tedious little things, selfishness melt ashes. With this passion, especially the passion can be long, the other seven factors mention. Persistence, persistence. I think, he insisted Cheap Nike Free Outlet that it should be the second element of entrepreneurship. Many entrepreneurs often fail because there is no stick. As the saying goes: there is nothing. If the entrepreneur can indomitable, stick to their beliefs, there is no life Nike Air Jordan 7 difficult for the Hom. Some entrepreneurs around me friends for many years, the company launched the N, but each one very much, because the company can not make good focus. In fact, this is unwise, because Lebron Slide 2 Elite everyone's life time and energy are limited, and do everything required to concentrate the whole mind and body into. Biotechnology risk, long cycle, only by adhering to succeed in the end. Patience, patience. Any successful company has a tortuous process, whether it is everyone eulogized the 'Apple' and Steve Jobs, or chiefs of biotechnology, 'Genentech', have been a number of technical and market test. In addition to the passion and perseverance, they must have the patience to wait Kevin Garnett Shoes for the opportunity and create opportunities. This waiting is painful, is tough. There are young friend asked me why their technology and products so good, no one rushing to invest, no one rushing to buy the product? My answer is that any good things need a process to be accepted. According to my observation, biotechnology companies generally takes 10 to 20 years to reach a considerable scale. In this process, the entrepreneur must have enough patience. Partnership, cooperation. Modern society is hardly a cause can be completed by one person, there is cooperation capacity of entrepreneurs to occupy a unique advantage. Cooperation has two levels, in cooperation with the 'partners', there is a good partner is a very important success factor. Partners can not only bring the resources, skills and experience you need, and can play a key role in a number of important company growth process. Partner with like-minded entrepreneurs who can be co-founder of the company, may also be investors or consultants, entrepreneurs, especially in difficult times require the support of a partner. Another dimension of cooperation is the joint venture between the companies. Established on the basis of win-win cooperation, to bring the two sides it is to share resources and information, and further stimulate bilateral confidence and potential. And the four factors on the different horizontal axis, vertical axis on four factors is the company should focus on. That is: to seize the intellectual property rights to attract personnel training, development of Nike Kobe 9 EM quality products and maximize profits. Needless to say, a good job to protect intellectual property and talent management to effectively operating companies. At the same time, entrepreneurs also should try to ponder technology commercialization, the end product and how to improve profits. Patent, Patent. Business is war, while patents and other intellectual property rights is the equivalent of a national defense system. Patents can be invented to be authorized to. In general, the company sold products to produce not only have their own intellectual property rights, and can not infringe on others' intellectual property rights (Freedom To Operate), so Nike Air Jordan 3 the company will begin to have a more comprehensive patent strategy. Early entrepreneurs in order to map quickly save money, do not pay attention to the introduction of the patent application or, often lead to endless troubles, affect the future growth of the company. Patent attorney or not effective results to differ materially, should find a knowledgeable business-minded lawyer surgeon. People, people. Business success must be the result of collective efforts of all staff, sponsors just opened a head. Enterprise development depends on a lot of people have the ability to execute, and execution determines the strength of the company's success or failure. We Air Jordan Outlet need managers, Nike Air Zoom Flight The Glove researchers, production personnel, finance, marketing, sales and so on. The ability to attract capable and retain them is a challenge for Nike Kids Sneakers every company leadership. People-oriented, good incentives is the company's policy and measures necessary. Product, product. Since start a company to do business, the purpose is not to engage in research of papers, but most of the entrepreneurs are majors in college, did not feel for marketing and sales. I think that an entrepreneur to develop their business acumen to the more open the Nike Air Jordan 6 Women better. I positioned the product is: not the first (first in class), but for the best (best in class). To do the best, there must be areas of focus. Biotechnology product variety, from research reagents, diagnostic reagents, medical equipment to pharmaceuticals research and development projects can be a product, sometimes in R \u0026 D projects it was bought. The key issue is how to grasp the ROI. The choice of products from the market rather than the needs of the company's technical strengths. Big companies can develop several products at the same Supra Skytop IV time to test the market, but for small companies, how to choose the first product to enter the market is quite critical, and sometimes even a matter of the company's survival. A business, first to survive and then develop, sometimes from one hand to provide technical services to start training the team can feed themselves, on the other hand to understand the market and improve credibility. Profit, profit. The value of a mature business is often measured by how much profit. Company executives have a clear standard of profits, Nike Zoom Soldier VII the stock market price-earnings ratio is also used to set prices. Gross margin is a sign of business efficiency and competitiveness. Many biotech entrepreneurs are not only interested in grasping the gross revenue, the result sell more, thanks much. In short, entrepreneurship is a desirable career for many people, to human society created enormous value, but also for those who are passionate, courageous, persistent, patient, people have a spirit of cooperation to add wealth. I know successful entrepreneurs (companies) who, more often than not for wealth and business. For them, entrepreneurship is both a hard and risky life, exactly why entrepreneurship, and entrepreneurship in the joy, I am afraid only the entrepreneur himself will understand. Finally, let me use the following lyrics of a song as the end of this article now. West Lake Spring overflow, TaoGongLiuLu Qianzhou crossing the rounds with care. Summer tour ancient canal, one thousand one hundred folk music, smell the night magpie song. Autumn Qiantang tide, waves business busy rushing tide of momentum. Winter crossing the Pacific Ocean, elixir elixir to be strengthened, California seek good will. Danny Yu (Chinese-American): Doctor, President Educational services (ESEC), Peking University Press, chief editor of English audio-visual materials, the National English Teachers in Peking closed English courses designer.