80% of the success of Internet entrepreneurship is due to these three points

Lei Musk
Quality life
Published in
3 min readNov 30, 2021
Photo by the blowup on Unsplash

When it comes to the success of domestic Internet companies, just like Jack Ma said: “Every company has a different way of success.” Google has emerged as search, Facebook is good at social interaction, Amazon has dominated e-commerce, eBay has started from auctions, and LeEco has benefited from it. Ecology… …Each Internet company has different genes, and their success is closely related to the company’s own natural genes, which is also difficult for entrepreneurs to imitate and learn. However, after careful consideration and research, we will find that 80% of the success of Internet companies is traceable.

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1. The unique personality of the founder

Speaking of the founders of these successful domestic Internet companies, Larry Page, Sergey Brin, Mark Zuckerberg, Jeff Bezos, Pierre Omidyar… We will find that they all have very unique personalities, and It is this personality that makes him form a unique personal charm. Under the influence of the founder’s personal charm, the company has also gathered more talents. They believe that following the founder of the company, they can have a good future.

Although the founders of each Internet company have their own unique personalities, they all have surprisingly similar qualities, keen business insight, strong momentum, perseverance but not stubbornness, execution, courage, etc., except for these main ones. In addition to quality, many successful company founders also have very strong learning ability and self-reflection ability.

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2. Adhere to product-oriented

Internet entrepreneurship is a user-centric entrepreneurship. The quality of the product experience directly affects the retention of users. The reason why many entrepreneurs fail is that they did not proceed from the user’s point of view, and the user experience of the product is very poor. Throughout these successful Internet companies, they all attach great importance to the user experience of Internet products. Obviously, to create a good product user experience, it is naturally inseparable from technical support.

A good product experience is inseparable from two technical factors, one is the technical strength and product design capabilities within the team, and the other is to be good at leveraging the technical strength of external companies. For the building of the internal technical strength of the team, the key lies in the construction of the technical team, but for the technical strength of external companies, it is necessary to choose some companies with strong professional technical strength.

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3. Find a business model that suits you

When it comes to business models, each company’s business model may be different. In fact, looking at most Internet companies, they did not find a business model that suits them at the very beginning. Good business models are constantly explored. If they have a very good business model from the beginning, it is easy to do. Being imitated by some stronger opponents may eventually lead to failure.

Not all good business models are very suitable for every Internet company. If this is the case, then all imitators can easily achieve success.

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