Trade the Straw Before It Rots

““The Straw Millionaire”? Just to be safe, let me briefly recount the story. A poor man exchanged a piece of straw for an orange, and after multiple exchanges, he acquired fine cloth, horses, and ultimately exchanged for a house, leading to a prosperous life.”

“Here, I’d like everyone to recall, what’s the essence of the “Straw Strategy”? Exactly, it’s “starting with something that seems to have little value.” It was precisely for this reason that President Son intentionally ventured into the ADSL market. As a result, he immediately gained 5 million users. There were very few companies that could compete with such a market share. Ordinary companies only had 20,000 to 30,000 users, so having 5 million users was an overwhelming advantage at the time.”