1. Entrepreneurship needs to pursue the industry's first goal and monopoly. Any industry is chasing the power law, and in the end it will only remember the top 3 in the field, and the others have very few occupation ratios.
2. Top talents determine the cost of an enterprise. Only by paying attention to those core talents who can become the company's core products can they have core competitiveness.
3. The biggest weapon of monopoly is high cost performance.
4. It is necessary to establish structural barriers to deal with giants.
5. It is necessary to deal with the barriers of competition to copy.
6. Strategy is more important than execution. There is no high-growth strategy to give up quickly.
7. Simplify management with goals. When you spend a lot of time on different products one day, you have to reflect on whether these things are really to be done. If the company is made into one thing, there is no need for management.
Tencent is now becoming thinner and thinner. This is a great one. It has developed everything out there and completed the establishment of a new price for the company by means of investment.
When you are doing business, you should continue to simplify your goals and make the entire strategic direction simple, so as to simplify management. This is the first point.
There can be weekly meetings every two weeks. Everyone can participate offline or online. In many cases, we are sharing the idea of making products and so on. This makes the goals of the entire company more clear.
In short, it is necessary to make the entire company flat and more open through the idea of the Internet. Don't worry about too many so-called confidential issues, so that everyone has a sense of participation.
Manage the company with the idea of the Internet and let users help you manage it. This is also the fan culture that Xiaomi strongly promotes.
8. The first step in determining a strategy is to find a direction, that is, to predict. The second step is to find the key breaking point, and the third step is to all in, to expand resources around it. This is the core of becoming the number one in a vertical market.
9. Methods of thinking about strategies: phenomena and laws
When all entrepreneurs move from a small team to a large team, they have to pass several hurdles, including the hurdles in product or professional skills, from the initial small-team guerrilla mode to the hurdles of the point-to-face combination mode. We must pay attention to breaking through on a single point,
We must also see broader opportunities, and we must learn to use resources to bring the two together, and constantly break through our own psychological boundaries. Don’t always think small things in your own category. You have to have a big view and a single point of breakthrough.
This is to constantly exercise oneself.