The entrepreneurial thinking of grassroots entrepreneurs might as well be unconventional!
Tonight, I checked my bank card account, and the US dollars have finally been credited to my account. After more than a month of domain name trading with Hong Kong people, it has finally come to an end, and I feel much more at ease. The domain name sold this time is "alibank.cn", which I registered in early 07. At that time, I was at home surfing the internet, always thinking about what kind of domain name investment could make big money? At that time, I saw that Alipay and Ali Software under Alibaba were all based on "ali", and considering Alibaba's existing business comprehensively, I believed that Alibaba would enter the network virtual banking business in the future, so I registered "alibank.cn" at that time. At that time, "alibank.net" was also not registered by anyone. Due to lack of funds at that time, I did not register it. Unexpectedly, in 08, "alibank.net/alibank.org.cn" were registered by Alibaba Corporation, naturally making the value of "alibank.cn" skyrocket. At that time, many people wrote to inquire about purchasing it, and it was eventually sold to a Hong Kong person. Since it was my first time conducting US dollar transactions, I took some detours, but with this experience, I will know better how to conduct domain name transactions in the future.
To be honest, I actually didn't want to sell "alibank.cn", but there was no way. During the start-up period now, I need a lot of money, and expenses are everywhere. Recently, we had to go online with a new server, which cost more than 30,000 yuan at once, so I had to bear the pain and sell the Alibaba family domain name, because the development of my start-up project - the online financial management platform: Caik Online - has reached a critical moment of survival. If there is no breakthrough, it may fail. For the 1% possibility of success, we must put in 100% sweat and effort.
Starting a business is actually like investing in domain names. I started choosing to invest in domain names in 06. Entering this industry so late, naturally, all the good domain names were already taken, so I could only find some edge-value domain names. Currently, I own more than 600, but raising these corns is particularly hard. So far, alibank.cn is the one sold at the highest price. The previous ones sold were relatively cheap. Now, I am trying to sell off the corns because I can't afford to keep them anymore. When I initially registered the corns, I carefully selected them, not randomly. Digging for gold in such a mature market is really difficult, just like when I started Caike Online Accounting Network. The network has developed very maturely, and many industries are extremely competitive. To dig for gold in such a mature and fiercely competitive network market is almost harder than climbing to heaven. But there is no way, people are driven by necessity, so when we chose to do Caike Online, we considered being unconventional, choosing a niche field, choosing an emerging market. As one of China's early online accounting platforms, Caike Online does what others disdain to do, does what others think cannot become big, does what others are unwilling to do, does what others haven't done. Because we don't have deep backgrounds and experiences, don't have substantial funds, don't have prominent personal brands and values, everything is grassroots, so we must do things in a grassroots way, choose grassroots things and projects. If we had chosen to do B2B or BLOG or reviews or videos at the beginning, we would probably never succeed, mature, or develop.
Many grassroots entrepreneurs yearn for success and desire harvest and returns. If the initial choice is unsuitable for oneself, then failure is inevitable. For example, currently competitive BLOGs, you can choose to do them, but it is hard to succeed because the market is too mature, competition is too fierce, and grassroots entrepreneurs' abilities, resources, and funds cannot compete with others. Grassroots entrepreneurs must succeed through intelligence, being both brave and strategic, rather than blindly following trends. Following trends can only lead to failure!
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