Merchants have a level From bronze to king which level are you in?
2022-07-29 09:10

There are three key milestones in the journey of a business development professional.

From a novice just starting out in business development, to a skilled professional capable of working independently, and finally to a master who handles everything with ease—the journey can be described as “A sharp sword is forged through grinding, and the fragrance of plum blossoms comes from the bitterness of winter.”

If investment promotion professionals had a ranking system, which tier would you be in?

  • Gold Tier: I take responsibility for the project and act immediately

  • Diamond Tier: I am accountable for my goals; my word is final

  • Champion Tier: I am accountable for the park; the road ahead is long and arduous

However, advancing through the ranks as an investment promotion professional is not that simple; the learning, effort, trials, and growth involved are experiences that others cannot fully comprehend.

Entry-Level: Gold

Everyone has a purpose

Key Characteristics

10,000+ steps per day

100+ company visits per year

Skin tone darkened by two shades

Industry development relies on the influx of fresh talent to provide an inexhaustible driving force for growth, and this is especially true for business development and investment promotion.

Whether you are a recent graduate—be it a master’s student or an undergraduate—or an outstanding professional transferred from another department to the investment promotion division, you cannot “escape” the realities of the entry-level stage.

Merchants have a level From bronze to king which level are you in?

In 2020, Xiao Wang, a recent graduate, joined the investment promotion team in his hometown, finding each day fulfilling and full of hope.

New to investment promotion, he was filled with a sense of mission and responsibility. Armed with the confidence and passion that “everyone has a place in this world,” he spent his days scouring for project leads, knocking on doors to visit companies, and maintaining an open-minded attitude to constantly learn and improve.

Back then, when Xiao Wang was searching for projects, he felt as though “gold” was everywhere. Hearing a company say “we’re interested” or “we’ll run it by our leadership” was enough to conjure up vivid visions of the project’s successful establishment.

Gradually, Xiao Wang realized that companies that had shown “interest” yesterday were unreachable the next day; the “superiors” mentioned by companies might not even be aware of his existence; high-tax-revenue enterprises weren’t necessarily a good fit for the local industrial structure; and he lacked the ability to work independently, unable to resolve the various issues raised by companies…

Xiao Wang began to ask himself, “Who am I? Where am I? What am I here to do?” He sought advice from his seniors, searching for answers. He realized that while enthusiasm and hard work are crucial in the early stages, building a solid foundation through professional knowledge is equally vital.

Since the park’s leading industry was biopharmaceuticals, with new concepts and technologies emerging constantly, he began studying on his own: drug registration, medical device management regulations, Good Clinical Practice (GCP), and medical device classification rules.

At the same time, he mapped out the key stages of the drug and medical device registration processes so that he could address the technical questions raised by companies during subsequent interactions.

As his professional knowledge and investment promotion skills grew, Xiao Wang found he had more and more topics to discuss with companies, and they began to trust him more and more.

In the early stages of investment promotion, “over 10,000 WeChat steps daily” documented Wang’s hard work; “visiting over 100 companies a year” was the result of his efforts; and “his skin darkening by two shades” was the mark his dedication left on him.

Similarly, Xiao Wang realized that to break through the ranks of the investment promotion workforce, he must endure solitude and hardship; “searching for plum blossoms in the snow” is also a process of self-discipline.

Intermediate Stage: Diamond

To truly understand this, one must put it into practice

Key Characteristics

Specialization with versatility is essential

Companies turn to you for everything, whether there’s a problem or not

Never say “no” to a company

Congratulations! Reaching the intermediate stage means you have become a seasoned investment promotion professional.

Xiao Lin, who has been working in investment promotion for five years, shared that investment promotion is a systematic endeavor. Sometimes, hard work alone cannot solve all problems; methodology is more important than attitude.

Perseverance is key to investment promotion, but blindly “persevering” may result in “wasting time and effort.”

Experienced investment promotion officers understand that attracting investment is a strategic game. By addressing a project’s pain points, leveraging existing strengths, and acting in accordance with market trends, one can achieve success.

Merchants have a level From bronze to king which level are you in?

In the past, when communicating with companies, Xiao Lin would often rush to highlight the park’s strengths—such as its location, industrial clusters, and operational services—while overlooking the companies’ actual needs.

After recognizing this issue, Xiaolin learned to listen. By using techniques such as asking questions and providing clarifications during conversations, he guided companies to articulate their genuine needs. He then addressed these pain points with targeted solutions, alleviating their concerns about setting up operations in the area.

Today, Xiao Lin has grown into a versatile professional capable of both negotiating with companies at the table and getting his hands dirty to coordinate factory construction and renovation on-site.

In the eyes of the companies, Xiao Lin seems “capable of anything.” They’ve seen him deliver passionate speeches at promotional events, and they’ve also seen him calmly drafting PowerPoint presentations, designing investment brochures, and compiling industrial policies…

Even after a project is up and running, companies still frequently see Xiaolin shuttling between businesses, providing assistance with matters such as lease extensions and production expansions, financing and loans, production license applications, market expansion, and the organization of seminars.

Xiao Lin says that attracting businesses isn’t just about leasing them factory space and land; what’s more important is providing convenient services to support their growth.

For investment promotion at the intermediate level, solid professional skills are a prerequisite, while being versatile—capable of handling multiple tasks—is a comprehensive quality honed through hands-on experience on the front lines.

Advanced Level: The Champion

Unfazed by the clouds obscuring the view

Key Characteristics

Understanding the business, the world, and human nature

Innovative investment promotion that boosts efficiency

A Go master never regrets a move

High-level investment promotion is like playing Go: while opponents are still pondering where to place their stones, he has already mapped out dozens of moves ahead. They focus not on tactics, but on strategy.

Old Chen, with a decade of experience in investment promotion, is regarded by others as a master of the field. He always sees a company’s future growth potential and its impact on regional development. Whenever he hears praise from others, he simply smiles modestly.

Merchants have a level From bronze to king which level are you in?

His achievements echo Wang Anshi’s famous verse: “I fear not the floating clouds obscuring my view, for I stand at the highest peak.”

When Old Chen evaluates projects, output value and tax revenue are no longer his primary focus. He places greater emphasis on the strategic significance of the enterprise to the industrial park, as well as the resources and influence behind the company.

For instance, he considers whether a company, once established, will leverage its status as a leading benchmark to drive industrial upgrading, or act like a “catfish” to stimulate the growth of local enterprises; whether it will benefit future investment attraction efforts; and whether it will contribute to the formation of industrial clusters.

Beyond this, Old Chen’s “understanding of affairs, the world, and human nature” is also admired by younger investment promotion officials. A story circulates within the department about how Old Chen once used a copy of *The Great Learning* sitting on an entrepreneur’s desk to open a dialogue, ultimately leading to an immediate rapport between the two.

Understanding a company’s operations, needs, and challenges is the first step; grasping the rapidly evolving nature of the industry is the second; and finally, one must understand the entrepreneur’s mindset and build a friendship with them.

This approach not only facilitates problem-solving for enterprises but also enables business-to-business investment promotion through existing companies—a win-win situation.

Of course, the path of investment promotion hasn’t been smooth sailing since he became a “master.” When new challenges arise, they quickly adapt, innovating their investment promotion strategies to focus on precise and scientific approaches. By leveraging new big data platforms and following leads, they’ve opened the door to a new world of investment promotion.

The Investment Promotion Network is an intelligent, digital, and precision-targeted platform. Old Chen has already connected with several companies on the platform, communicating directly with them—eliminating many middlemen and significantly boosting his efficiency.

In Closing

How does one become a top-tier investment promotion expert? It simply requires understanding your current stage of development and systematically honing your skills and professional knowledge—this is the path toward the “Champion” level.

Finally, I hope every investment promotion professional retains the bold ambition of the beginner stage—believing that “everyone has a purpose”—and, through the trials and refinements of “true knowledge comes from practice,” becomes a winner in life who “remains undeterred by fleeting clouds obscuring the view.”

Source: Investment Promotion Network
Disclaimer: Where the network indicates the source of the manuscript “investment network” of all text, pictures, copyright belongs to the investment network, any media, websites or individuals without the authorization of the network agreement may not be reproduced, linked, reposted or copied in other ways. Has been authorized by the network agreement media, websites, the use of manuscripts must indicate the source: investment network, violators of this network will be held accountable according to law.
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