80 Li Qiyuan: 16-year-old CEO
Li Qiyuan, born in 1984, became China's youngest CEO at the age of 16, known as "China's first network of children". The second venture, it took him six months to get the Lee Kai-Fu Innovation Works investment, the Chinese industry and the investment community (microblogging) hot spot. Now, he said goodbye to Lee Kai-Fu, his own investors and CEO, trying to build "China's most accurate social marketing platform.
Li Qiyuan, this ambitious Chongqing boy, only 28 years old this year, but seems to have done other people half a lifetime to accomplish things.
And he says, "It's just beginning."
Starting a business at 16
Winning $200,000 in venture capital
In 1992, when Li Qiyuan was in elementary school, his parents bought him a desktop computer from Shenzhen. When he was in elementary school, he published articles in newspapers and magazines such as "Computer News" and "Computer Time". It was from then on that he learned about the Internet and entered this amazing world. Since his first year of junior high school, he has been doing web design for large websites and has accumulated fame.
In 1998, with the help of his friends, Li Qiyuan started his first business and created a personal website, "Qiyuan Network". That year, his site was named one of the best 50 sites in the country.
In 2000, the 16-year-old Li Qiyuan from a Chinese American received $ 200,000 in venture capital, founded the Witte Network Information Company Limited, and served as CEO. some people call him "China's first network of children", "China's youngest CEO
Now he is talking about "the first child of Chinese network" and "the youngest CEO of China".
Now talking about this experience, Li Qiyuan said: "In fact, the whole process is very simple."
Working at the age of 23
Editor-in-chief of the largest Chinese IT network
After graduating from college in 2005, Li Qiyuan returned to Chongqing to work at Tianji.com, one of the largest Internet companies in Chongqing at the time.
He went from being independently in charge of a user research group to growing that group to 20 people, and also took on all the design and production work for the company.
In 2007, at the age of 23, Li Qiyuan was appointed editor-in-chief of Tianji.com, and later became the general manager, also responsible for sales management.
In 2009, five years after joining Tianji.com, Li Qiyuan decided to leave the well-developed company, intending to start his own business. His reason was: "Looking ahead to life in 10 years, the role played by the Internet in which there is a huge space for imagination, is something one would dream of associating. In this period of rapid development, many organizations, especially Internet startups, are needed to work hard for it." Li Qi Yuan said he is eager to be part of it.
Resigning to start a business
Invested by Kai-Fu Lee in 6 months
After leaving Tianji, Li Qiyuan continued his own entrepreneurial journey.
At that time, when microblogging began to be tested, Li Qiyuan became one of the first beta users.
Li Qiyuan found that microblogging is highly time-sensitive, and e-commerce sites are in their infancy, so he thought of registering an account on microblogging and spreading discount information. He built an account called "I love discounts" to help major B2C sites to bring a lot of orders, and based on this account to build a discount community called "Le ah". It took only 6 months to get the investment from Lee Kai-Fu Innovation Workshop.
"Second Chance"
He is his own angel investor
In October 2010, because of the direction of the project, Li Qi Yuan left the "Le ah", decided to start his mind "second business".
At the end of 2010, Li Qiyuan named his new company "Qiyuan Technology", the name of his teenage business 10 years ago, meaning the continuation of the dream of his youth.
He became his own angel investor, all the resources, experience and vision are focused on "Qiyuan Technology". Li Qiyuan told the Chongqing Evening News reporter: "I see this endeavor as the second venture of my life, because I am both the investor and the company's steering wheel, and this challenge is still new to me."
Li Qiyuan said, his new company "not to sell for the purpose, not to finance as a means, I hope to do a down-to-earth to create value of the Internet company."
At present, "Qiyuan Technology" launched the first project "Gathering", through microblogging, community websites and other forms, for offline business customers to promote. According to Li Qiyuan disclosed that the current "gathering" on more than a hundred merchants, every day with tens of thousands of consumers to establish contact on the social network.
Less than 30 years old, has been a number of entrepreneurial, but also become an investor, Li Qiyuan frankly: "The process is quite hard, in addition to money, but also time and energy." His daily schedule is now filled with work, and he can't rest on weekends. Chongqing Evening News reporter Wan Wan, trainee reporter Yi Nian, picture provided by me
Li Qiyuan file
Year of birth: 1984
Constellation: Taurus
Life motto: adhere to the precious, focus is gold.
Life dream: To create Internet products that improve our lives every day from innovative and interesting ideas.
Appreciation of the opposite sex: wife and mother
Most wanted to go to the place: often back to the beautiful Chongqing to see it is very satisfied
Favorite book: "Begin Again"
Favorite movie: "When Happiness Comes Knocking on the Door"
To the post-80s and post-90s life message: must pursue the dream!
Being guaranteed a place in high school
But dropping out to go abroad
Li Qiyuan is a native of Chongqing. Like many of the IT elite, he also had the experience of dropping out of school.
Li Qiyuan junior high school, began to start the company, get up at 6:00 a.m. every day to go to school, "skipping" in the afternoon to go to the company, work until the early hours of the morning before going home, only three or four hours of sleep a day.
In 2001, he was guaranteed admission to the 29th high school, but in the company's business and academic `double pressure, he made an unexpected decision: drop out of school, while giving up on the company just on track, and then go abroad to study.
Li Qiyuan recalled that he was in a lot of pain. Not to mention being uprooted from his hometown, the company he had worked so hard to create was just getting started, and everything was moving in a better direction, so it was not easy to give up. And at the time, he was only a 16-year-old boy.
During his studies in the UK, Li Qiyuan confessed that it wasn't easy. In order to earn tuition fees and living expenses, he worked in fast food chains for four years, from washing dishes, washing the kitchen, french fries, cashier, to the foreman, assistant manager, restaurant manager, almost all kinds of work he did.
In 2005, he graduated from college, not only completing two majors in computer science and business administration, but also earning a first-class degree summa cum laude.
Won the Grand Prize in the Chongqing Evening News
Writing Competition
Li Qiyuan said that from a young age he had a wide range of interests. Before going to elementary school, he was sent by his parents to the Children's Palace to learn the piano.
Nowadays, he believes that the body is the foundation of entrepreneurship, so he takes time to go swimming every day to strengthen his exercise.
Li Qiyuan also recalled his childhood relationship with Chongqing Evening News. He grew up watching the Evening News, and when he was in elementary school, he participated in the essay contest organized by Chongqing Evening News and won the grand prize. The Evening News has never stopped paying attention to him until he started his own business.
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