Yet I realized Gao was also raising some ideas and lessons about business and success that extend beyond his own field. “This Tesla effect is a major trend and has really changed consumers’ perception of things that are battery driven and their capabilities,” said Gao. In the first year we did 2 million yuan of sales, the second year we did 10 million yuan, the third year we did 40 million yuan, and (in 2017 we aimed) to reach 100 million yuan. We can focus on the strategic part, not the financial part of the business,” Gao said. “We invest in robotics; it obviously isn’t used only to make tools,” Gao said.

Source: Forbes February 20, 2018 13:30 UTC