Entrepreneurship is the dream of many people, and they all want to make their own career and create a world of their own. However, not everyone can realize their ambitions on the road to entrepreneurship. A post-71 s uncle in Shenzhen also experienced some ups and downs when starting a business, which led to today's achievements. Next, let's take a look at Pan Xiaolei's entrepreneurial experience in these years.

First, the company lost tens of millions of dollars and laid off employees

Pan Xiaolei, who is 45 years old this year, has not had smooth sailing these years. He started as a hardware processor and also worked as a mobile phone. The mobile phone made in that year was very similar to the hot-selling style of that year, and it also earned a sum of money, but it was soon discovered that it was easy to be replaced by the market without its own original development ability. Pan Xiaolei encountered the first trough in his entrepreneurial career. The company lost more than 51 million yuan and its employees were laid off from more than 111 at that time to more than 31.

Second, insist on independent research and development

It is this experience that makes Pan Xiaolei understand that he must have independent research and development ability and insist on originality to have a way out. Under the whole concept, Pan Xiaolei's company finally saw the hope of clearing the clouds after years of hard work.

3. Cooperation with Internet companies

Pan Xiaolei seized his own opportunity in Shenzhen when he turned from his business base in Beijing to the Shenzhen market. The cooperation with Youdao Company has brought a lot of inspiration to Pan Xiaolei. From corporate governance to the future direction of the company, it has become clear. The dictionary pens jointly developed by the two companies have also been successful in the market. Pan Xiaolei always thinks that the products he developed are among the best in the field of education.

Fourth, always make quality products

Pan Xiaolei always firmly believes that it is necessary to make quality products and have its own innovation, so that this enterprise can go on for a long time. In this direction, Pan Xiaolei really made his own way from a loss to a profit of 1 billion yuan. There are many entrepreneurs like Pan Xiaolei, and I hope everyone can get some inspiration from them.