{"id":1345,"date":"2026-08-06T09:13:51","date_gmt":"2026-08-06T09:13:51","guid":{"rendered":"https:\/\/www.wudejiansteel.com\/?p=1345"},"modified":"2026-08-06T09:13:51","modified_gmt":"2026-08-06T09:13:51","slug":"owning-a-small-factory-is-like-owning-a-small-gold-mine-dont-look-down-on-yourself-just-because-its-small-blog-267","status":"publish","type":"post","link":"https:\/\/www.wudejiansteel.com\/?p=1345","title":{"rendered":"Owning a small factory is like owning a small gold mine\u2014don\u2019t look down on yourself just because it\u2019s small.blog\u00a0267"},"content":{"rendered":"\n

Yesterday, I spoke with a client who always seems to think of himself as just a small operation\u2014as if anyone would look down on him because of his small scale\u2014and he comes across as lacking in confidence.<\/p>\n\n\n\n

We must never think this way. To put it bluntly, those of us who run small factories are experts in our respective fields. Don\u2019t let your small scale lead you to see yourself as just a \u201csmall workshop,\u201d and don\u2019t assume that just because a company is large, its technology is necessarily superior, its product quality is guaranteed to be excellent, or its products are automatically high-end.<\/p>\n\n\n\n

In reality, large companies often produce low-end products, while small companies produce high-end ones.<\/p>\n\n\n\n

Because large companies have high production volumes, they can only produce low-end, high-volume products to leverage their cost advantages. Small companies, on the other hand, tend to produce products with smaller order volumes but higher technical requirements.<\/p>\n\n\n\n

In China, there are many so-called \u201csmall workshops\u201d of very modest scale, but their owners all have what it takes.<\/p>\n\n\n\n

Think about it: if you didn\u2019t have what it takes and your technical skills weren\u2019t up to par, how could you have started a factory in the first place? The fact that your factory hasn\u2019t been weeded out by the market amid severe overcapacity proves you\u2019re capable\u2014your technology and products must be top-notch; you just don\u2019t realize how great you are yet. Don\u2019t assume that just because a company is large, its technology is necessarily cutting-edge or its products are necessarily excellent. Many of these big companies rely on specific technologies from small businesses like ours to solve their problems; they\u2019re just \u201cgiant babies\u201d standing on our shoulders.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

We shouldn\u2019t look down on our own small factories. In today\u2019s environment, owning a factory is the greatest asset. As I like to say, a factory is a gold mine.<\/p>\n\n\n\n

Many businesspeople talk endlessly about product selection\u2014isn\u2019t that precisely because they don\u2019t have their own factories?<\/p>\n\n\n\n

Many people know how to sell products and run e-commerce, but they lack good products\u2014isn\u2019t that because they don\u2019t have their own factories?<\/p>\n\n\n\n

Having our own factory means we have both manufacturing and R&D capabilities. We can control quality and create products that stand out from the competition\u2014and that\u2019s often the most crucial factor.<\/p>\n\n\n\n

Anyone who can run their own factory, maintain steady performance without a decline, and even achieve continuous growth\u2014all while thriving despite a very challenging economic climate\u2014must have top-notch technical skills and real expertise in certain areas. However, we Chinese are a reserved people\u2014we work with high standards but conduct ourselves with humility. Some are even technically brilliant yet never boast about their skills.<\/p>\n\n\n\n

Many small factory owners are versatile technical experts. We must have confidence; we aim to build small yet refined, small yet strong factories that can weather economic cycles. Our goal is to survive for 500 years, not to make it onto the Fortune 500 list.<\/p>\n\n\n\n

*************<\/p>\n\n\n\n

Wu Dejian’s\u00a0tool\u00a0steel<\/a><\/strong>, the chief of staff of the user, bought everything he had used.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday, I spoke with a client who always seems to think of himself as just a small operation\u2014as if anyone would look down on him because of his small scale\u2014and he comes across as lacking in confidence. We must never think this way. To put it bluntly, those of us who run small factories are […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1345","post","type-post","status-publish","format-standard","hentry","category-blog"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t