First, the "start learning"
1, investors often ask CEO: What long-term barriers to your project? How do you think?
2, three warm-up Questions:
(1) Suddenly one day, big companies want to copy you, how would you do? A: to compete with him and grow technology.
(2) What is the long-term barriers to your project? ? How did you discover and build the A: barriers to long-term projects are: Growth Technology. By continuously A / B, and cheap enough peers learn.
(3) What in your industry is the scarce resources we compete? You have a way to get his hand slowly it? A: There will be growth and the A / B thinking of technical personnel, products and so on. So, usually you need more contact with some headlines of people.
Second, the "eyes of investors moat"
1, moat, is Warren Buffett invention. Moat: business unique competitive advantage, this advantage can allow enterprises to survive in the long-term competitiveness, and sustain the existing margins and market share.
2, moat, which is the barrier, which is your unique competitive advantage.
Third, "What is the value barriers"
1, barrier, three moat value: consolidate your competitive advantage, achieve higher market concentration, higher profits.
2, Tencent copy you, how do you do? A, for example, I have a growth technology, Tencent copy products alone is useless. Headlines strongest growth is a set of technologies.
3, barriers to competition, determines the degree of concentration of the industry. My industry is that content consumption inside the industry XXX community property, is very easy to build barriers, a higher market share in the industry.
Fourth, the "how to create their own moat (barriers)."