Bend, Not Break by Ping Fu

Bend, Not Break by Ping Fu

Author:Ping Fu
Language: eng
Format: epub
Publisher: Penguin Group US
Published: 2013-04-15T04:00:00+00:00


THE PERSONAL FACTORY: 1996–1999

THE YEAR 1996 was nearing its end and I was determined to get a company started. Xixi was three, sweet and chatty, and I truly enjoyed being a mother. Ironically, it took me a little over nine months to bring Geomagic to life as well.

I spent the first few months gathering information and researching potential business ideas before plunging into anything. I interviewed, and mostly just listened to, dozens of people: experts, scientists, and business founders—anyone with an opinion or an idea. I also attended conferences and learning sessions. This was the height of the Internet era, and everywhere people were chattering about starting dot-com companies. At a panel at NCSA with representatives from Kodak, Sun Microsystems, GE, Morgan Stanley, and IBM, each one proudly pronounced, “We are a dot-com company.”

That doesn’t make sense, I thought. Why would they call themselves dot-com companies? I had learned that whenever there were breakthroughs in transportation and communication, big things happened. The invention of the railroad, highway, and aerospace industries had helped transport people and goods to new places with unprecedented speed. The radio, telephone, and now Internet enabled us to access information and connect virtually. Those innovations in transportation and communication had fundamentally altered our perception of space and time. Nevertheless, when the telephone came into being, businesses didn’t rush to call themselves “phone companies” simply because they used the new device. Why should they redefine themselves as “dot-com companies” just because they now had a .com in their domain name?

“I don’t want to create another dot-com company,” I told Herbert one evening.

He nodded. “Well, at least you know now what it is that you don’t want to do.”

“I want to create something of value,” I said. This was my New Year’s resolution in 1997.

I asked three questions:

1. Why should I start a company?

2. What will it have to offer?

3. How can I build it?



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