Charlie prioritizes speed over cost in acquiring a communications company, explaining that acquiring an established business is far more efficient than building one from scratch. He uses Elon Musk’s Twitter acquisition as an example, highlighting how buying a ready-made solution saves invaluable time and bypasses recruitment and training uncertainties. This strategic approach aims to overcome critical time constraints and personnel variables that could otherwise derail their ambitious goals.
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“Acquired a company?”
Abren Lang was surprised by Charlie’s words, and said:
“Mr. Wade, if you want to acquire a communications company with a solid foundation,”
“It will cost at least a billion US dollars.”
“Will the investment be too high?”
“I’m afraid it will be very difficult to gain an advantage……”
Charlie shook his head and said:
“Profit is not the most important thing”
“How to solve our urgent needs is the most important thing.”
Saying that, Charlie said again:
“Our biggest problem right now is that we are short on time.”
“Let alone a year or a month, even if it’s a day or an hour, we must try our best to fight for it.”
“Time is much more important than money.”
Charlie paused, then continued:
“If you want to develop faster than ordinary people,”
“You have to change the way of thinking that only solves immediate needs.”
“If there are no people, or you can’t recruit people.”
“If you stick to how to solve the recruiting problem,
It’s basically hard to make big things happen;”
“The condition for doing big things is that the structure has to be big enough.”
“When big companies are facing the same problem,”
“They’re not going to think about how to build a team from scratch and then develop a product.”
“They will think of the solution first. .”
“The solution is to buy a suitable product directly on the market.”
Speaking, Charlie said again: