Chapter 28 Don't admit defeat on February 8

When I was young, I had a very strong mentality of not admitting defeat. The more things people were not optimistic about, the more I had to do it. At the end of 1999, a group of search engine companies in the United States rose up, and gunpowder was everywhere in the shopping malls.Because there is no business model, everyone, including the American investment community, is not optimistic about search engines.It was also at this time that Robin Li resolutely returned to China with US$1.2 million in venture capital, and co-founded Baidu with his friend Xu Yong, determined to make a difference in the Internet industry and completely change foreigners' one-sided understanding and impression of China's Internet industry.

This character of not admitting defeat and striving for strength was reflected when Robin Li was in elementary school.When he was in elementary school, Robin Li was more playful. Neighbors and teachers thought it would be difficult for Robin Li to get into Yangquan No. 1 Middle School, a key local middle school.This is a well-known key high school in the entire Shanxi Province, with an 80% entrance rate for the college entrance examination, and many students are admitted to key schools.If you can be admitted to this high school, you will have hope to enter a key university. When Robin Li realized that the people around him thought he could not pass the exam, he secretly worked hard and told himself that he must pass the exam.When the senior high school entrance examination was only two months away, Li Yanhong studied extremely hard like a different person.In the end, Li Yanhong was admitted to Yangquan No. 1 Middle School with high scores.This spirit of not admitting defeat was of great help to Robin Li's later life and even his entrepreneurship.

The ruthlessness and tenacity of not admitting defeat are the necessary conditions for the success of entrepreneurship.