With a net worth of 450 billion, Huang Zheng, the founder of Pinduoduo, retired bravely. Here are 20 quotes worth pondering.

Pinduoduo, a shopping app with group buying as its theme, is as popular as Taobao. However, Huang Zheng, the founder of Pinduoduo, is very low-key but has legendary achievements and experiences. In this article, the author summarizes 20 quotes from Huang Zheng, the founder of Pinduoduo, which are thought-provoking. Let's take a look.

Maybe you don’t use Pinduoduo, but you must have heard of it, and there must be many loyal users among your friends.

Pinduoduo is also thriving overseas. Just one month after its launch, the overseas version of Temu topped the US APP store download list, becoming the most eye-catching new player in the global e-commerce market.

As the founder of Pinduoduo, Huang Zheng has always been low-key, but his low-key style is behind his legendary life and achievements. Huang Zheng was born in Hangzhou in 1980. He went to the United States to study in 2002 and studied under the business tycoon Duan Yongping. In 2006, when he was 26, he followed Duan Yongping to have lunch with Buffett.

Huang Zheng became friends with many bigwigs in his twenties, but he said, " The reason why I can be friends with bigwigs is because I don't regard them as bigwigs ." Duan Yongping once commented on Huang Zheng, "He is a rare person who always pays attention to the essence of things." And when Pinduoduo was at its peak, Huang Zheng chose to "retire", which shows that his strategy and vision are far beyond ordinary people.

Today, we will read Huang Zheng's 20 quotes and learn the life wisdom and entrepreneurial thinking of this legendary entrepreneur born in the 1980s. If you feel that you have gained something, you are welcome to share it with more people.

Below, enjoy:

01

Don’t be impatient when doing business. Choice is more important than hard work, and common sense is more important than knowledge.

02

Whether a business or structure can be sustained depends essentially on whether it is beneficial to consumers, workers and value creators, whether it can create irreplaceable value, and whether it abides by its duties and fulfills its social responsibilities.

03

We are all products of the times, and the situation is stronger than people. In the big environment, we are just in this place, so we should do our duty and do what we should do.

04

Low prices are just a way for us to acquire users in stages. Pinduoduo has a deeper understanding of cost performance than most platforms - that is, it is always beyond consumers' expectations. Our core is not "cheap", but to satisfy users' feeling of getting a bargain.

05

Most knowledge is useless. Solve problems when you encounter them. Duan Yongping taught me not to have big ambitions. Just do your best in the present.

06

Common sense is obvious and easy to understand, but our various prejudices formed by growth and learning and the pursuit of personal interests have blinded us and made us turn a blind eye to this common sense.

07

What Buffett said was actually very simple, something that even my mother could understand. The biggest significance of this meal to me was probably that it made me realize the power of simplicity and common sense, and that people's minds are easily polluted.

08

Duan Yongping said that fast is slow and slow is fast. He said that it would be better to do things with a normal mind. He said that it is actually difficult for ordinary people to have a normal mind.

09

After doing entrepreneurship for a long time, you will find that there is a bit of a paradox: when the company is doing well, you are actually walking on thin ice every day. But if one day you feel very safe and comfortable, then the company often starts to have problems.

10

Only people within the Fifth Ring Road of Beijing would say that (Pinduoduo) is a sinking crowd. We focus on the vast majority of Chinese people, which is similar to the reason for the growth of Kuaishou and Toutiao. It's like 30 years ago, if you went to Shenzhen, you could make money no matter what you did, not because of anything else, but because you chose the right direction.

11

Goal achievement and happiness are not necessarily the same thing.

12

I don’t want to change the world, but I want to do things step by step. It would be great if I can do something that changes lives.

13

Dating and running a company are essentially the same, and running a company is also a journey. If a guy is very ambitious, running a company is very similar to dating, because you will fall in love with your company.

14

Excessive pursuit of perfection is actually a kind of criticism. You don’t need to pursue perfection too much in everything in order to last, and your energy can be dispersed to other places where it is worth spending.

15

Duan Yongping would repeatedly nag us about doing the right thing. Every time something happens, we should think about whether it is the right thing and whether it should be done.

16

Tian Ji's horse racing game can create local advantages under the condition of overall resource disadvantages, and thus have the opportunity to win the entire battle. Based on this, ordinary people can achieve extraordinary things.

17

A good company should spend its energy on solving the right and difficult problems, rather than picking up a bunch of sesame seeds everywhere.

18

Staying alive is the first priority of entrepreneurship, but it also needs to be evaluated from another perspective, that is, whether you can win and whether you have enough power to win.

19

When making a judgment on something, you need to understand the background and facts. After understanding them, what you need is not wisdom, but whether you have the courage to use reason and common sense to judge when faced with the facts.

20

Consumption upgrading is not about letting Shanghai people live the life of Parisians, but about allowing people in Anqing, Anhui to have kitchen paper to use and good fruits to eat.