Published by: Nanyan News Agency, Best Ten Campus Media Shenzhen Graduate School Four Pages in Guangdong Province PEKING UNIVERSITY The Nanyan Observer No. CUMU092017 Monday, 29 June. 2015 General Editor: Megan Mancenido Chief Editor: Hicham Lefnaoui Managing Editor: He Jian Tel: 0755-26032131 Info: [email protected] Innovi Management Consultants At PHBS How many founding partners were there? since they mostly need capital. We therefore all have a strong interest in the sector and Table of Contents SY: There were 5 partners and we currently came up with the idea of offering financial possess work experience dealing with TMT have 20 employees who are all students advisory services so we could connect firms therefore we hope that most of our Innovi Consultants At PHBS from PHBS. We have two colleagues in the startups more closely. If their product isn’t clients will come from the TMT sector. USA at Case Western Reserve University perfect they would come to us to hear our ..................................................A1 in Cleveland and Princeton University in ideas and we may introduce them to angel When do you envisage you will need to The PKU Basketball Association New Jersey. We don’t have any formal investors. After a period of development, begin hiring employees off campus? ..................................................A2 international business yet but ongoing they may want additional rounds of financing. SY: Actually we want to do that now but we The PKU African Community cooperation. Currently, I believe we lack in the research have no money! The initial aim of founding and capital connection business areas so I Innovi is not to make money but to provide ..................................................A3 Do you think Shenzhen lends itself well think for the next step we will reinforce these. business and startup exposure for the Trip Around South East Asia to young people creating consulting students. When we have them money, we ..................................................A4 companies and startups? Have you utilized the PHBS alumni would like to expand and hire some time full SY: Yes, I think so but currently Shenzhen network? time employees off campus alongside angel Peking University HSBC has a lot of entrepreneurs and most SY: We have used it but not too an extensive investors. When we finally introduce some Business School fosters an environment for importantly Shenzhen is a place that level. Actually, some of our clients have been venture capitalists and have some money entrepreneurship and encourages students possesses a lot of cheap hardware so pitched to us from PHBS alumni. Currently, then we will begin to recruit some full time to take charge of their commercial lives. A many place are engaged in high technology around two of our fifteen clients are from the staff. We really want to invite new students to number of PHBS students have created business. In terms of financial resources it is alumni network. I think over time the effect join us from different schools here at PKUSZ ventures themselves over the course of pretty easy to access funding as Shenzhen of the network will become stronger and such as STL because we need employees their studies and have developed them into has over 1000 venture capital firms and stronger. from different backgrounds. well run, profitable businesses. One such also a lot of angel investors so it’s a great example is that of Innovi Entrepreneurial environment for accessing capital. How do you manage your time between What advice would you give the next Management Consultants, a company school work and Innovi? You must have a generation of PHBS entrepreneurs? founded by students that began their PHBS In what way does the Peking University hectic schedule! SY: My advice would be: try everything studies in theFall semester of 2013. The brand offer you a competitive advantage? SY: I believe that as long as we want to when your opportunity cost is not too high. current partners consist of She YangJie, SY: Well first of all, PHBS is one of the top do these projects we can make time for Currently, we are students so we don’t have Yu Jie, Ye MengZhen, Du Yu and Zhang business schools in China so when we them. As PHBS encourages us to start much to lose. After graduation, when we are ShuoWen. Finlay Grogan sat down with She introduce ourselves we always mention our own companies we believe it is part of working for different companies, if we want to Yangjie and Yu Jie to find out more. that we are from PHBS as the people here the educational experience that can also join a startup then we’d have to sacrifice our have a great reputation. Secondly, all of our help future students. If we introduce fellow wages so why not try to have a startup here Thanks for taking the time to talk to the employees are students and we are very students to our company we can help them and try everything. It’s better to pick a good Nanyan Observer! What do you guys cheap labour! This is one reason why many receive exposure to the business world. direction rather than waste excess effort. study? startups want to hire us for their business, Thanks to the staff of Innovi we manage to YJ: These days I think too many business She YangJie: Hi, I’m Troy and I’m a 2nd because we are cheap! Step by step we are share the work. During the first six months school students are focusing on investment year Finance and Economics CUHK dual gradually increasing our experience. when we only had five partners, we were banking, they don’t see the big picture and in major student from PHBS. suffering since we had too many projects so fact in modern China all of these industries Yu Jie: Hi, I’m Jay and I’m a 2nd year To what extent do you believe any we were often delayed. Since we have hired are changing. I believe we should focus more Finance and Economics CUHK dual major classes you may have taken at PHBS more and more employees, our stress levels on that, Dean Hai encourages us to think student too. have aided you in setting up Innovi and have decreased. We really want to thank all bigger and not focus purely on investment your corporate experience so far? of our staff for their contribution! banking. When did you first get the idea of going SY: The one course that I think helped me a into business yourself? lot is called Companies and Entrepreneurs Innovi is growing and growing, do you Where can students contact you and find SY: I think it was last February when one instructed by Dean Hai Wen. In that course, see this as a project to continue after more information? of my friends asked me to help him on a Dean Hai invited a lot of very famous your graduation? We have a LinkedIn page where you can project because he had just graduated from entrepreneurs to PHBS to communicate with YJ: I believe that what we are doing is really find us, search for Innovi Entrepreneurial the University of Oxford. He possessed a us and I really learned a lot. a platform; we know we are students and Management Consultants. We also have a technology for wireless charging, for example YJ: I found business model and accounting we cannot do well in an easy sector. There WeChat ID, search for yinnuowei for more we wouldn’t need a cable to charge our classes to be very useful. The first question are many financial advisors in China and details. phone as we would just use our WiFi signal. we are asked is ‘how do we build a right now we cannot compete with them. So He asked me to think about a product which business model’ followed by ‘we don’t have now we are focused on building a platform Innovi Entrepreneurial Management could incorporate his technology so I talked accountants’ so we need to help our clients to expose our students to the business world Consultants have established an outstanding with my roommates, who are currently my build such models and accounting systems. just as YingJie said earlier. platform for future growth and are an fellow Innovi partners, and we brainstormed exemplary showcase for both entrepreneurial to come up with a proposal. My friend found Innovi offers four key services: Business An Innovi empire! You seem to have a flair of PKUSZ students and superb venture capital funding to invest in our Planning, Management Consulting, particular focus on the Technology, Media environment Shenzhen offers for young project and introduced some of his friends to Research and Capital Connection. How and Telecommunications (TMT) sector, people to do business. We wish the partners me to cooperate with. did you come to focus on these areas? is this a sector you particularly enjoying and employees of Innovi well for their future YJ: I joined Innovi after the initial founding by SY: At first we only offered one or working in? studies and future success in business. Shi YingJie and Ye MengZhen. two services, Business Planning and SY: All of our five partners are very Management Consulting. However, we found interested in TMT because it represents Reported by Finlay Grogan this wasn’t enough for servicing startups current high tech firms such as Tencent. We Page Editor & Design: Hicham Lefnaoui Shenzhen Graduate School A2 Special Monday, 29 June. 2015 PEKING UNIVERSITY The PKU Basketball Association Top Traditional Chinese Novels If you know Chinese well enough, you will probably find that unlike the West, Chinese people always love to pick up the top four of anything instead of the top five or top ten.