Where to find a great company?
Do you think what kind of company is a great company? Someone may think the company which contribute to the promotion of human beings.
Review the history of the industry society, there are lots of great company such as Ford, Coca cola, Microsoft, Apple, Tencent. They must have something in common. A great company must have great product. Apple has the iphone, Ford have made the car cheap enough to let everyone’s car dream came to reality.
If you buy some stock of tencent in 2005, now you will get 200 times larger in return. If you want to get rich in the stock market, it is a good way to hold the stock of great company like warren buffet. Here I give you some hint to find great companies in the future.
1st, great company are always the company which is 2C not 2B. 2C company will face the most tough competition. Their products will be chosen directly by the customer not by some officers. 2c company has less influence of the government. Their success is really depend on their great products, not the protection of the government.
2nd great company in the future must related with Internet. Cause the internet is one of the greatest invention in today’s worlds. Airbnb who has no room but becomes the biggest hotel in the world. Uber who has no car become the biggest taxi company. Internet create amazing companies in a different way. Internet not only connect different person tighter but also different things from all over the world. Another reason is that additional cost is nearly zero for internet companies. If you build a car, you should not only buy the manufacture line, but also steel for example. If you develop some kinds of app, and sale it to a million persons. If additional customer want to buy your app, you may only give them a license to use the app, so the additional cost is nearly zero. The same is for knowledge sharing on line, you should only record some audio lessons about some specific topic as emotional quotient, a hundred or a thousand user will have the same cost for you.
3rd new domain, remember that there are several apps for chat on the phone. But now there is only wechat. The biggest or the first will hold the most part of market share. You can find lots of phone company, car maker. But for the company related to internet, you will find pretty less of player, I think that there will be not more that 3 company who operate sharing bicycles. It is a key feature in internet. So it is difficult to defeat BAT in their traditional domain. Find some new player in genetic edit, big data, AI, electric vehicles.
Kodak was a great company, but was killed by digital Camera. Nokia once owned the largest part of mobile phone market share, killed by smart phone like Android. So it is important to embrace new things not only for human beings but also for companies.
4th great counties. Company in great counties which have the most population will more likely to success. It means company will get more customer at lower price. In the traditional view population means crowd, more cost energy. But in the perspective of internet, population means customer, more sales and lower cost.
In conclusion, 2c company , related with internet, new domain. Those who focus on new technologies will have the most possibility to be the next great company.
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