Business is not just what you choose!

Original link: http://afoo.me/posts/2023-08-19-business-goes-its-own-way.html

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Business is not just what you choose! -Wang Fuqiang’s personal blog: the thinking and precipitation of an architect

Business is not just what you choose!

Wang Fuqiang

2023-08-19


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Today, some students in X initiated a poll on whether they should choose “make a fortune in silence” or “Build in Public”, but in fact, this is somewhat wishful thinking, just like me n years ago…

When chatting with a certain CEO in 2019, I accidentally asked a very “boring” question, “What did we think back then? Why did we choose such a (broken) business?” What an idiot to ask such a low-level question.

In fact, no matter what kind of business it is, as long as your background is not so awesome, especially grassroots entrepreneurship, your past experience, your path dependence, and your opportunity, these are the prerequisites for you to start any business, not you. You can do whatever business you want, and you can hit a hit and do it right away. Business is not a commodity, you can choose whatever you want. A good business has long been divided up by a certain group of people, so where is it the turn of the grassroots group? Besides, even if you like a business and want to do it, do you have the resources? Do you have that ability? Do you have that organization and network? In the end, it comes down to one sentence, do you have that strength?

Therefore, it is not whether you should choose “Make a fortune in silence” or “Build in Public”, but you have to look at where you are, what situation you are in, and what your current situation looks like.

If you already have a business that is making money, and you don’t have to worry about traffic to have continuous payment and revenue, then you must choose to “make a fortune in silence”, don’t you have to be so stupid as to let others grab the business, everyone Roll together?

But if your business has just started, you are still exploring, and you don’t have much traffic or conversions, then choosing “Build in Public” can at least increase your exposure, which is better than not doing traffic without any traffic, right?

Back then, whoever said in Alibaba that “the strategy is to develop” is actually true! Perhaps, only a very small number of people who can see far enough and clearly will take the path of “strategic planning before implementation”.


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