Entity Dossier
entity

Wang Huiwen

Strategic Concepts & Mechanics

Signature MovePermanent Crisis Mindset
Signature MoveTrust-Based Team Building Through Adversity
Identity & CultureLeading by Example as Only Standard
Relationship LeverageTeam Quality Reflects CEO Level
Strategic PatternThree Highs Three Lows Strategy
Operating PrincipleCEO Non-Delegable Vision Design
Operating PrincipleRapid Learning Over Experience
Cornerstone MoveAmerican Internet Trend Transplantation
Decision FrameworkFailure as Sequential Bread Building
Signature MoveObserver Role While Team Executes
Signature MoveContract Spirit as Team Foundation

Primary Evidence

"While fascinated by games, Wang Huiwen felt that the games were not good enough and wanted to learn programming to create games himself. Wang Xing told him that he had considered becoming a programmer in high school, but now he had changed his mind and wanted to start a business. Regarding entrepreneurship, Wang Xing had thought about it quite early. Instead of being a computer enthusiast, he might be better described as an entrepreneurship enthusiast. Wang Xing later said: “I don’t consider entrepreneurship itself to be a particularly remarkable thing; it’s just the lifestyle I chose. I never thought about what it would be like if I didn’t start a business. Entrepreneurship feels like being struck by lightning; I have to do it.”"

Source:Nine Failures and One Victory: Wang Xing, Founder of Meituan, Has Been in Business for Ten Years

"After Lai Binqiang arrived, he took charge of the front-end code, while Wang Huiwen handled the back-end code. Wang Xing was freed to observe the external world, understanding global product and market changes."

Source:Nine Failures and One Victory: Wang Xing, Founder of Meituan, Has Been in Business for Ten Years

"From 2003 to 2006, during three years of entrepreneurship, Wang Huiwen borrowed a total of 200,000 yuan. I asked him, “Why were people willing to lend you money?” He answered, “Because I was very diligent in my studies, so many people didn’t think I would become a fraud. Diligent people don’t become frauds. Even if you owe a lot of money doing something, you can repay it through hard work, no matter how tough the job is.”"

Source:Nine Failures and One Victory: Wang Xing, Founder of Meituan, Has Been in Business for Ten Years

"Wang Xing did not participate in programming, and neither Wang Huiwen nor Lai Binqiang complained. They understood that this was something the team had to do. No matter what, someone must not get entangled in daily technical work. If everyone was focused only on technology, they would have no opportunity to pay attention to the outside world, become disconnected from it, and create products that only met hypothetical needs, missing possible major trends of the times."

Source:Nine Failures and One Victory: Wang Xing, Founder of Meituan, Has Been in Business for Ten Years

"Wang Huiwen later understood why Wang Xing wanted him to start the business. On one hand, Wang Huiwen was also an entrepreneurial enthusiast; on the other hand, during lab courses, they often partnered, with Wang Xing coming up with ideas and Wang Huiwen executing them. “Wang Xing’s father is an entrepreneur, and being an entrepreneur doesn’t require hands-on involvement in everything. I am the son of a farmer, and my background left a mark on me that I must work diligently.”"

Source:Nine Failures and One Victory: Wang Xing, Founder of Meituan, Has Been in Business for Ten Years

Appears In Volumes