Three-Hundred-Year Company Horizon

“Moreover, Masayoshi Son believed that the business he engages in must be one that can be perpetually passed down and not be a “temporary business” that becomes unnecessary due to the passage of time. His goal has always been and remains “to build a company that will be stable and grow for 300 years.””

“Moreover, Masayoshi Son believed that the business he engages in must be one that can be perpetually passed down and not be a “temporary business” that becomes unnecessary due to the passage of time. His goal has always been and remains “to build a company that will be stable and grow for 300 years.””

“Second, each of the businesses required about three years to take shape. For Ctrip it was from 1999 to 2002; Home Inn 2003 to 2005; and Hanting from 2007 to 2010. In a similar manner to human development, the basic shape of these three businesses, their teams, structure, character and culture was formed in the first three years. Thereafter it was just a question of continued growth. Three years is a critical time for Chinese companies to reach a certain level to be able to enable significant future growth. This is because Chinese companies grow fast and there are many imitators and…”

“Fifth, all three businesses were a reformation of a traditional industry. Ctrip was transformed from a traditional travel agency to a modern travel service company. Both Home Inn and Hanting were upgraded from traditional hotels to modern hotel chains. These are…”