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[Entertainment] 10 Entrepreneurship Thoughts from Xiaomi CEO Lei Jun - will you ever run your own company?

2017-12-26 03:02:14
156 7
Hello Mi Fans!

I'd like to share with everyone a little more about the business principles from Xiaomi's CEO, Lei Jun! For any of the entrepreneurs out there, these thoughts from Lei Jun himself may be useful for your next business venture! Without further ado, here are 10 Entrepreneurship Thoughts from Lei Jun!

1.   Entrepreneurs must understand the needs of users and be extremely sensitive to changes in the market
2.   Entrepreneurs must be ambitious and grounded at the same time
3.   Entrepreneurs should start a company with 2-3 people with complimentary skill sets
4.   There should be a technically-savvy person to serve as a leader for the team
5.   The true test of an entrepreneur is to reduce business cost and rapidly expand it at the same time
6.   Work with like-minded people. People who had prior success is a plus point!
7.   Involve yourself in a big enough market
8.   Rely on your gut instinct. Choose the best time to start, but do not procrastinate.
9.   Focus, Focus, Focus!
10.  Your business is validated at a micro-scale

Do you guys agree with what he says? Ever had ambitions or goals to work for yourself in being an entrepreneur?
Leave your comments down below!
Single Poll thread Total 9 Users Voted
 
44.44% (4)
 
55.56% (5)
 
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2017-12-26 03:02:14
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Mi Community Helper

Shairuddin | from MI MAX 2

#1

I will Try Maybe in the near future
2017-12-26 03:49:36
Shairuddin replied at 2017-12-26 16:49:36
I will Try Maybe in the near future

GO FOR IT!  I'm also running a side business as well, and I must say it has been really rewarding. Not easy at all but I've really learnt a lot from doing so! The thrill of working on your project or company is indescribable!!
2017-12-26 04:03:20

Mi Community Helper

Shairuddin | from MI MAX 2

#3

谭将俊 (Tham Jiang Jun)
GO FOR IT!  I'm also running a side business as well, and I must say it has been really rewarding. ...

thanks a lot
2017-12-26 04:07:54

Intern Moderator

SeppeBaelus | from Mi A1

#4

I'm running my own DJ/music production company.
2017-12-26 05:24:54
SeppeBaelus replied at 2017-12-26 18:24:54
I'm running my own DJ/music production company.

Are you a musician? Haha I'm sort of involved in running a symphony orchestra! Hustling eh?
2017-12-26 05:31:33

Intern Moderator

SeppeBaelus | from Mi A1

#6

I play guitar. But I mostly produce music on my desk.
2017-12-26 05:41:25

Mi Comm team

谭将俊 (Tham Jiang Jun) Author | from Redmi 5 Plus

#7

SeppeBaelus
I play guitar. But I mostly produce music on my desk.

That's nice! Hope to hear your music!!
2017-12-26 06:21:34
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