I am particularly keen to see young entrepreneurs fail. I especially love watching ambitious young people construct clouded values and entrepreneurial philosophies with industry jargon and their immature observations, much like a brilliant imitation show of VC investors.

I used to be obsessed with dressing up as an entrepreneur, embodying a Silicon Valley spirit, a pioneer and rebel in a certain field. Eventually, I realized that genuine entrepreneurs don't need costumes; they just need to find out where the cash comes from, regardless of whether it looks high-end or low-quality, innovative or conservative, Schumpeter or Smith.

Pretending to be impressive belongs to actors, rock musicians, and poets. Entrepreneurs only care about the amount and source of profit. A business making ten million is better than one making one million, and making one million is better than losing one million. If you don't know how to profit, then the company will go bankrupt. Sometimes, truth appears quite straightforward.

I see business schools, VCs, consulting firms, and tech giants working hard to cultivate young talents skilled in speech and analysis, but true entrepreneurs do not come from the cradle of academia; they stem from a sincere attitude of pragmatic realism. Entrepreneurs know what can make money and what can lose money, and they are loyal to their ideas without trying to beautify their environment or themselves. They clearly understand where risks originate and attempt to avoid or hedge them; they clearly know where profits come from and always strive for them, even if it means immense pressure, fear, and threats.

Entrepreneur is someone who takes action and does things firsthand, nothing more.