Interview with Geniatech’s Founder and CEO Mr Fang at their new office space at the Shenzhen Xili Industrial Park. (watch all my 39+ Geniatech videos from previous 10 years in this playlist: https://www.youtube.com/watch?v=mLwJ85Y-exs&list=PL7xXqJFxvYvhXs3jtiiAkgxSg4_2Ho7MC)
When it comes to running a successful business, timing is key. To be successful, you need to have an amazing product that is stable and reliable, but you also need to be at the right place at the right time with the right solution. This is especially true in the ever-evolving tech industry, where new technologies and trends are constantly emerging.
In this video, the conversation centers around the challenges of bringing new products to market and finding the right balance between market demand and technological capabilities. The interviewee, who is the general manager of a technology company, explains that their company’s value proposition is in sorting through various ideas and determining which ones can be turned into successful products.
As a product manager, the interviewee is responsible for coming up with new ideas and making them a reality by leveraging the company’s development team, resources, and capabilities. He also stresses the importance of having a product line rather than just a single product. A product line can meet different requirements for the same category but with different details, ranging from entry-level to middle-level to high-level products.
The conversation also touches on the challenges of managing customer demands and sorting through their ideas to determine which ones are feasible. The interviewee emphasizes that the company’s value lies in identifying the ideas that can be turned into successful products and meeting the demands of the market.
Overall, the conversation sheds light on the challenges of running a successful technology company, including finding the right balance between market demand and technological capabilities, identifying feasible product ideas, and having a product line that can meet varying customer requirements. The interviewee’s experience and insights offer valuable lessons for anyone looking to start or run a successful technology business in China.