Profile : #BYD's founder #WangChuanfu

"On November 18, 1994, a team of roughly twenty people gathered in a three-story building in a newly built industrial zone in #Shenzhen. Registered capital: 4.5 million yuan. Workers ate in a narrow passage between a factory building and a kitchen; when there weren’t enough tables, they squatted to eat. The dorm was seven stories high. The rooms had no hot water. Company name BYD: “Build Your Dreams.” At the time, it sounded aspirational to the point of comedy."

https://www.fastcompany.com/91519302/byd-nail-test-why-this-54-billion-innovation-is-terrifying-western-auto-executives

The Nail Test: Why this $54 billion innovation is terrifying Western auto executives

The practice of reproducing failure on purpose until the physics revealed itself became the bedrock of BYD’s entire operation.

Fast Company