I chose to conduct this interview with Mr. Yuan for several reasons. First of all, Mr. Lee is someone I follow closely as a businessman since he started his business in Shenzhen. I believe we have similar interests in both human resource management and entrepreneurship. Mr. Yuan has had a successful career as a human resources professional and is currently enjoying similar success in the field of entrepreneurship. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay When it comes to entrepreneurship, I have learned about a wide range of issues including identifying problems, creating solutions, obtaining funding for the business, and partnering with other partners to ensure success of the company. From my discussions with Mr. Yuan, I understood that entrepreneurship is about identifying gaps or problems in the community and creating solutions that can help people address those problems. Therefore, entrepreneurship is not about making money or being rich, but rather about solving issues and problems in the community. Once people believe in the solutions you bring on board, then the opportunity to make money comes. Therefore, an entrepreneur must be able to identify and understand the challenges that the community is facing in different fields. This can be done by analyzing and evaluating currently available solutions and identifying their weak points. You can also do this by examining areas that have not been adequately addressed in the community, where no solutions exist, and inventing new solutions based on technologies that make life easier for consumers. Business financing is not easy to access for new entrepreneurs. Most entrepreneurs expect to get venture capital from angels. However, only a small percentage of entrepreneurs get such financing, according to Yuan. First, he advises that the best way to finance a business is to build personal savings and get support from friends and family. Although a bank loan is another solution, but it is also risky if your business is not doing well. The other important element of entrepreneurship that I learned from Mr. Yuan is people management. As an entrepreneur or someone who wants to do business, he needs to deal with people all the time. Whether employees, suppliers, customers or financiers, they know how to better recruit people in management, some leadership skills are needed and it will be a strong skill in entrepreneurship. Secondly, understand the cultural difference in different countries. Like China, known as the country with the highest cultural context, the best approach to start building relationships with others. When individuals from low-context cultures like Mr. Yuan do business in low-context cultures, they often encounter difficulties in the process of exchanging information. These questions can be broken down into the difference between “direction”, “quantity” and “quality”. China, the speech is less important than a relationship, which also shows that China is a very high context country. Yuan said that “in my opinion, doing business in China depends more on mutual trust and understanding from their subculture. We also need to understand their folk customs and build stable relationships; however, this type of relationship is established slowly.” The other important element I learned from the interview is the family business. Mr. Yuan's company is a family business that he started with his brother with funding from other family members,including parents. Therefore, other family members have a strong interest in controlling the direction the company takes, Yuan's father and brother serve on the company's board of directors. His parents are still very well connected in China and understand the country's cultural background. When Mr. Yuan saw the opportunities for China's future development and huge market, he decided to go to China to develop his career. The main issues I wanted to know about the family business in my interview with Mr. Yuan were about change management and succession management. Based on my interactions with Mr. Yuan, which I conducted on family businesses in China, I learned that family businesses account for approximately 50% of the Chinese market. There are over 40% of family businesses that do not yet have adequate succession plans. The health and sustainable growth of a family business depends largely on careful planning for the transition from one generation to the next, an area that has not been approached with great caution, leading to the collapse of some of the most iconic of the country. Family business is a very critical element in the management and management of family businesses. For a family business to thrive and strengthen into the future, it must rely on the leadership qualities of leaders who take over through generational changes. Therefore, succession must ensure that only the right people take over the management of family businesses. Technological innovation has also forced many organizations to restructure their business processes, change their culture, and improve their operations to remain relevant. Some family businesses have also been influenced by technological innovation in setting their HR agenda. Technological developments and innovations such as Internet- and mobile phone-based communication technologies have led to the creation of a more interconnected global society. The interview process was very fruitful based on the wide range of issues I collected and learned from Mr. Yuan. The interview focused on issues related to human resource management, entrepreneurship and running a family business. Mr. Yuan was very cooperative and generous in the information he provided, allowing me to understand the intricacies of each of the main areas to focus on in the interview. Several aspects of the interview were quite surprising. , regarding entrepreneurship, I was especially surprised by the fact that it is difficult to get financing for businesses. I have seen many companies grow very quickly thanks to the funding they receive from venture capitalists. Many companies such as Airbnb and Uber have become globally relevant companies due to their ability to attract market attention and gain investment. He said the success of these companies' new business models gives the impression that it is easier to get financing because they have "nothing", Airbnb doesn't actually own a house, just as Uber doesn't own a single car. In the future, Mr. Yuan suggested me that if I want to get good financing or loading, I need to put in a new business plan with basic analysis, such as feasibility analysis, SWOT analysis and PESTEL analysis). You also need to consider market share and do a lot of market research to support your ideas. In contrast, Mr. Yuan said access to research is one of the biggest challenges entrepreneurs face. As the main reasons contributing to the death of most family businesses are., 26(2), 243-263.