Archive for ‘Telecom Industry’

June 21, 2010

Is Enterpreneurship for everyone

I’ve put being an entrepreneur as my long-term goal in my essays to MBA. In fact I’m very seriously about it. However to be a successful entrepreneur, I believe I need to develop a few key personalities, which are learned and concluded by my own experience and observation.

1. be open-minded. You need be very sensitive about opportunities around. Therefore you need to open-minded, be willing to talk to any persons and eager to learn through their experiences.  Don’t take yourself too serious, be humble and admit that everyone you encounter have the wisdom and experience you don’t have and may bring opportunities to you.

2. be a good team player and learn to develop leadership. Every entrepreneur starts from scratch and being a good team player is essential to intrigue other’s interest to work with you. Furthermore, develope the leadership skill as soon as possible.  You’re supposed to lead the team and drive the growth. You introduce the vision and of course you need to pursue others to believe in it even though your goal some time sounds crazy.

3. Develop your interest and hobby.  Most successful entrepreneurs find their interest at early stage of their life. If you don’t have and just hope to make money out of your entrepreneurial activities, you may not go too far on this path.

I don’t think i am a perfect person to be an entrepreneur or not even close.  But what drives me is the curiosity. I want to know what’s the entrepreneur experience? I want to test my ability and see how far i can reach.  The more experience i gain, the better i learn more about myself.

On the other hand, just curiosity isn’t enough. Persistency plays key role while running the business. The most risky things that an entrepreneur may encounter is not knowing how to balance curiosity and persistency(Same applys to every person). They change subjects from times to time because of curiosity. While in fact only persistency and great effort will lead to the day when people see the brilliant result.  Well, according to this theory, I may lose points to my goal. However i have built the awareness and what i have to do is to grow myself.

Finally, you’re not alone. You have a team and you need to count on them.  Your team member could be your schoolmate, your colleagues and clients or even any persons you encountered during your life and developed the relationship.

Next Topic.  To do what? Come up your business plan.

I can’t see why should anyone who with chinese background leave the country and want to set up their own business oversea. Leaving 1.5 billion people market behind is stupid decision. However to gain oversea experience is good approach to facilitate future business development in China.

创业项目:

1.  金融方向:中国懂金融的人太少,而金融确实国家的命脉。所有资源都打上了金钱的符合,这是看不见硝烟的战场。Finance Engineering是一个方向,这是集合数学,金融和计算机的交叉学科,国内很少看到,国外也不是所有学校都有。这是一个小圈子,但世界永远都是一小部分人统治大部分人。使用数学模型来分析金融市场是必须的,不然怎么指导操作呢?买卖不是拍脑袋的。如果进入这个行业,将来可以尝试拥有自觉的Fund来投资。中国不缺懂数学和编程的学生。

2. 老本行,电信行业:这个门槛太高了,没有大资金的投入,没有技术积累,很难成气候。但可以be open-minded

3. 互联网:其实和电信行业一脉相承,并越来越融合在一起。有新的idea往往就有机会。

4. 区域性机会: 国外,国内不同地区的局部机会。

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June 6, 2010

China vs. the U.S.


This is a big topic and also a hottest topic. But I’m not going to discuss it like a politician nor an economist. I’m going to make a miniature comparison in a particular industry, telecom/IT related industry, which is the sector I’m working at and passionate about.

My idea about this topic was initiated with the discussion with my director.  He introduced me an article in internal magazine about working hard and making contributions to company. Then i came up with numerous thoughts and ideas about China vs. US. 

Q1: In china, the society embraces the idea of working hard and contributing to country and society. While in US, as i know and believe, the  society actively support individual success, to realize your own “american dream”.

Q2: However, in contrast to the idea of making contribution to society and others. in China, according to my own experience from primary school to university, I wasn’t taught a lesson or haven’t had a project with others to learn about team work. I was judged by my scores of exams which were always done by myself. Not any work was required cooperation.  To make it worse, as a single child in my family, my whole family treated me so well that i felt myself as a king. I admitted that i had great difficulties to adapt myself to the society/job environment and learn to work with others and to be a good team player.
While in US, according to my preparation of MBA and the application essays, the society emphasizes the importance of being a team player even though in parallel it encourage personal success and realization. 
What a paradox in both of these two countries.

Now Let’s take a look at the result.  A comparison of the NO.1 of Fortune 500 in china in the telecom/IT/Electronic sector and other well-known US high-tech companies.

The NO.1 in china is Huawei Technology. I’m very proud of it, a high-tech company, which developed from a start-up to a giant enterprise with over 95000 employees within 20 years.

Let’s compare its financial record with those of other US high-tech companies (2009)

                            Revenue  (billion)                    Net Profit                         Employees

Huawei                          21.3                                 2.68                                90000

Apple                            42.0                                  8.4                                 34300   

Microsoft                      58.4                                14.5                                 93000

Google                          23.6                                  6.5                                   20000  

Ebay                             8.7                                   2.3                                    15500          

Cisco                            36.1                                 6.1                                     63000       

The difference is efficiency. Why the US peers master the efficiency of making money and profit? Because each of above US companies created their own business model and creat a high barrier for competitors to enter.  Then why always US companies are able to lead the trend and creat innovative business model/product/capital model again and again? That’s the question i want to find out during my future MBA in US.

May 10, 2010

Telecom trends in next 10 years (2)

Let’s get into the details of one of these four trends—digital home

Iphone has leaded the innovative breakthrough in handset and drive the mobile internet a big step. Everyone to be connected to internet anytime anywhere isn’t just a fairy tale. But what’s next?

It’s digital home. In the last ten years, people are having analog TV to LED TV, a tape recorder to DVD or even hard driver recorder. However telecom hasn’t changed the home scenario very much in term of interaction between different devices.

Imagine this: all the electronic devices (such as TV, set-top box, recorder, PC, media phone) at home can “talk to each other” and be controlled by a core device ”smart kit’. All the devices are connected by wifi and all the contents at different devices can be shared seamless. Just by one flick, the contents you are reading at your phone can synchronized to TV simultaneously. Furthermore, with home Gateway, all your devices at home can access internet through fix or wireless. And vice verse be accessed by the devices outside of home. Basically you can take all your contents at home with you and control most of devises remotely through digital home solution.

So what are the benefits for our life? First, it brings us convenience. Easy sharing contents through wifi free us from copying from one device to another. Easy access allows us to retreat what we want remotely. Second, it provides us fantastic user experience. Almost everything can be done by one flick.

And how about telecom operators? The convenience of accessing the content seamless and without the limitation of time and distance will drive users to consume more bandwidth. While the growth of speed/bandwidth is the growth of the whole telecom industry. So the digital may become an application to sustain and consume the growing speed/bandwidth capacity.

What makes above happen is the key technology name “dlna’. Google it!

May 7, 2010

Telecom trends in next 10 years (1)

Let’s start the first series: telecom trends in next 10 years. I’ve worked in this industry for 3 years which doesn’t give enough credit to say i’m a expert. But i did see rapid change in telecom and just want to share my cents. 3 years ago, most of peopel just use phone to make calls and hence voice business can account up to 80% of operators’ revenue; also most of handsets don’t have complex functions and cann’t be treated as smart digital terminals. Now what are the greatest changes? First wireless boardband provides opportunity for anyone to be connected to internet anywhere; Second smart phone (Android, blackberrey and iphone[most exceptional]) give us the best platform and tools to use the wireless boardband. Plus the abundant apps change the whole business model. Why? Apps means services and now along with the margin of equipment decreased dramatically, only services can differatiated youself. And what makes Apps exceptional? Because it stands for one of the trends-Cloud Computing.

Let’s see what professional said about the telecom trends in next 10 years. Who can claim to be professional and trustworthy? I would suggest they are.  Top 5 telecom vendors: Ericsson, Huawei, Alcatel-Lucent, Nokia Siemens, Motorola.  Furthermore top telecom operators should have some words about it as well.  They are Vodafone, China Mobile, NTT Docomo and AT&T.

But let’s start one by one. I’d like to pick the one who i’m most familar with. Here is what Huawei believe.

Beyond 2010: Four Trends that Will Shape the Next Decade of Telecom.
1.Beyond population, the Internet of Things is creating a subscriber base of 50 billion.
2. Beyond voice communications, booming mobile broadband is the next engine of telecom.
3. Beyond bitpipe, cloud computing brings new opportunities driven by a new business model.
4. Beyond telecom, home networks will open new markets to operators because of the disruptive user experience.

See the link for the detail.
http://www.huawei.com/innovations/industry_trend_2010

May 6, 2010

Interested in any of these topics? Vote and comment

I’m planning to write a series of following topics. But of course i have to do it one by one. Show your interest and enthusiasm to certain topics. With the most vote, the topic will get a quicker start.

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