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Make use of the internet was the only way to become success in the mainland market, says a business founder

出自香港新聞網 - 樹仁新傳系學生實習習作

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By Tsz-Shun Yam, 26 March 2019


Nowadays, many people encouraged young people to start their own business, they thought that there was nothing young people could lose because they still have plenty of time to fail and learn from the experience. But some people have the opposite thought.


“Young people shouldn’t start their business alone,” Rocky Yu, the Founder and Director of QianHai Gangjunda Shenzhen Business Service Co Ltd said at a Hong Kong Shue Yan University forum yesterday. Yu said that young people should start their business with people in middle-aged, because they have more experience, more money and most importantly, their social network was wider, these were important elements to become successful.


“This society is not big fish eating small fish but fast fish eat slow,” he said. Many businessmen still have the traditional mindset. Their business goal was only to open their store in all of the shopping malls in China. But this was not the best way to survive in the market, because no matter how many store they have opened or how many brand they have owned, they could never compete with E- Commerce, the combination of thousands of small companies, he said.


“The only way to be successful in the mainland market is to cater to the internet trend,” Yu said. He said that BeLLE used to be a successful brand in the mainland, it supposed to be the leading role in the shoe retailing market. Unfortunately, their sales have dropped 100 billion dollars in three years and has no choice but sold their business. “They lose to Taobao, the E-Commerce,” he said. Young people who wanted to develop their traditional business in the mainland, they needed to have the internet mindset to spread out their business, that was the only way to be successful.


Rocky Yu was the Founder and Director of QianHai Gangjunda Shenzhen Business Service Co Ltd, he was also an expert in Greater Bay Area. He has deep understanding about the operation and system of businesses in Mainland China.--165054 2019年3月27日 (三) 18:04 (CST)

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