Dong Yuhui's small essay incident has come to an end, and many people have spent a lot of time and energy tracking it, but they actually know what the result has to do with yourself, how much money you should make seems to be a penny, and the ink in your stomach has not increased at all.
The following are today's learning Xi thoughts:
1.Monopolies drive social progress, because years or even decades of monopoly profits tempt people to innovate. And then the monopolies will continue to innovate because the profits give them the capital to plan for the long-term future, and they can afford to invest in ambitious research projects that the companies trapped in the competition would never have imagined.
Monopoly is a portrayal of every successful business.
Successful businesses succeed for different reasons: Every monopoly solves a unique problem. Failed businesses fail for the same reason: none of them succeed in avoiding competition.
In life, people tend to ignore what really matters and focus only on their competitors.
These companies are ignoring the more important question – should they get involved in the online pet products market?It's certainly better to win than to lose, but if the battle isn't worth fighting, everyone is a loser.
2.The biggest secret in venture capital is that the best investments that are successful** have returns equal to or greater than all other investments combined. This has led venture capitalists to conclude with two very strange rules.
The first rule is to invest only in potential companies that can make a profit up to the entire total value of the investment**.
The second rule: because the first rule is too strict, there is no need for other rules.
Venture capital** must identify a number of companies that can successfully make the leap from 0 to 1 and then pour money into supporting them.
3.Peter Thiel once said: A start-up that doesn't have a good foundation can't be saved.
In this respect, the company is like the state. Once an earlier wrong decision has been made (e.g., choosing the wrong partner, picking the wrong employee), it is difficult to correct it afterwards. And to correct these mistakes, the company could be in danger of going bankrupt.
As a founder, your first job is to lay the groundwork, because you can no longer build a great business on the flawed foundation. When it comes to starting a business, the first crucial decision to make is who to do it with, and choosing a partner is like getting married.
4.How can startups achieve low-cost promotion?
The first idea is the privatization of public assets.
There are two key steps to privatize a public asset, the first step is that you find the public asset, and the second step is that you make the public asset work for you and become a medium to showcase your brand.
As long as there is a product or resource that has the opportunity to show information to many people, you can consider whether you can privatize it and make it a promotional resource for your brand.
The second way of thinking is the ** of private assets. For a business, if you have a fleet, then this fleet is your self-relianceYou have a factory, and this factory is your self-**;You have 1,000 employees, and these 1,000 employees are your self-a**;If you sell 1 million products a year, the packaging and courier box of the product are your self-**.