Friday, March 27, 2020

20A – Growing Your Social Capital

1)     Who they are and what their background is?
a.      Xiang Li, co-founder of NextEV, founder and CEO of Lixiang One EV, Autohome founder (ATHM (NYSE)).
b.     Tonggen Wang, a professional automobile industry and marketing analyst. He has seven hundred thousand followers on social media.
c.      Shufu Li, founder of Geely Auto. He owns 17 automobile and EV manufactories.

2)     Which 'slot' you are filling with each person (i.e., domain expert, market expert, supplier), and how the person fills the spot.
a.      Tonggen Wang – a domain expert
b.     Xiang Li– market expert
                                                  i.     IPO experienced.
c.      Shufu Li – supplier
                                                  i.     Huge productivity.

3)     A description of how you found the person and contacted the person.
a.      From the news and social media. And go to the office talk to them. Got any chance to meet them in restaurants, bars, or even restrooms.

4)     The nature of the exchange you have with the person -- what favor did they do for you? What is the return expectation?
a.      Looking for angel investment from them, also they will be the members of BOD. The return is to stimulate the development of the EV industry and catch up with Tesla.

5)     How will including this person in your network enhance your ability to exploit an opportunity?
a.      More available investors and possibly appear on the market.
6)     Finally: Reflect
Find the person value and sets up the target people to save my time. It’s never happened before in my life but I would like to try.

1 comment:

  1. Hi Don,
    I enjoyed reading your post. I was very confused by your reflection. It was not very clear what you were trying to say. I like the people that you chose to reach out to for the assignment. They definitely seem like they fit the description of the people who would be able to help you grow your business and develop business relationships with. I was wondering if they answered and what they might have said since you didn't include that in your post.

    ReplyDelete