Lessons for High-Tech and Web Entrepreneurs in China

Adaptation is the key to success in China.  Taking a trusted business strategy from the old-world and copy/pasting it into China would be like taking a dinosaur to a horse race.  When entering the China market, Victor Wong recommends that companies “assume they’re going to Mars” and develop completely new tactics and strategies if they expect to survive in China's competitive and constantly evolving market. He focuses on the value of talent, and describes how he prefers building a small, high performance team rather than an army of hundreds.