第一财经

"Entrepreneurship is booming among the people, but what businesses are hidden beneath the festive atmosphere?"

原文:民生创业正热,烟火气里藏着哪些生意

Summary of Key Points

Recently, at the "Create for the Future" entrepreneurship competition hosted by the Ministry of Human Resources and Social Security (MOHRSS) and the Anhui government, a number of livelihood-related entrepreneurial projects that are closely connected to people's daily lives emerged as highlights. These projects, such as grilled fish, baked cakes, intangible cultural heritage (ICH) embroidered balls, and home-based elderly care services, may not be as high-tech or sophisticated as AI and robotics, but they have addressed the challenges of traditional industries through three key approaches: standardizing craftsmanship, branding operations, and leveraging online traffic to attract customers. As a result, they have created numerous job opportunities for ordinary people, including those from vulnerable groups. Nowadays, these "small yet meaningful" entrepreneurial initiatives are not only attracting investment from capital but also receiving strong policy support, becoming an indispensable part of China's entrepreneurial landscape.

Detailed Analysis

1. Turning Traditional Skills into Standardized Processes

One of the biggest challenges in traditional livelihood industries (such as catering and handicrafts) is the reliance on skilled masters, making it difficult to learn the craft and ensure consistent quality, which hinders large-scale replication. Entrepreneurs are breaking down these complex processes into standardized steps:

  • Wanzhou Grilled Fish: Chef Zhang Mengquan, with 30 years of experience, has developed 57 sets of standardized seasoning formulas that allow anyone to produce the same flavor, eliminating the need for experienced chefs.
  • Tangshan Chess Cake: Gu Xiaoguang, an inheritor of ICH, has transformed a six-to-seven-hour production process into frozen semi-finished products that can be easily reheated in stores, enabling beginners to create dishes with the same quality as those made by masters within a week.

Benefits: This approach lowers the barriers to entrepreneurship, allowing ordinary people to start businesses and expand their operations quickly.

2. From Local Products to National Brands

Many livelihood projects were once small, unscaled, and lacked brand recognition. Entrepreneurs are working to elevate them through branding:

  • ICH Tang-style Embroidered Balls: Huang Junkai, with a background in investment banking, has turned these traditional embroidery balls into products that can be worn, gifted, or used as part of daily life, successfully entering the prestigious Wangfujing shopping district in Beijing.
  • Home-based Elderly Care Platform "Yi Ga Shu": Founder Wu Tiantian first built a strong brand identity and then utilized short videos to attract customers, offering comprehensive services ranging from meal delivery to end-of-life care.

Benefits: Branding not only increases the price of products but also attracts loyal customers, ensuring the business's longevity.

3. One Person, Multiple Jobs Created

When evaluating these projects, the ability to create jobs was a key criterion for the MOHRSS competition. These livelihood initiatives require relatively low entry barriers and have high demand:

  • Yi Ga Shu: Within half a year of its establishment, the platform trained 27 caregivers, indirectly creating thousands of job opportunities.
  • ICH Embroidered Balls: Over 3,000 people, including 700 with disabilities, have been trained, with nearly 200 earning stable incomes.
  • Wanzhou Grilled Fish: Free training and supply chain support helped open 1,200 stores, directly creating tens of thousands of jobs.

Highlights: These projects particularly benefit vulnerable groups such as women, people with disabilities, and the elderly, providing them with stable income through their skills.

4. Policy and Capital Support Create a Favorable Environment

Livelihood entrepreneurship is no longer considered a niche endeavor; it now benefits from both policy and financial support:

  • Capital Recognition: Judge Zhu Mingming noted that although these projects may not aim for public listings, they solve real problems and create emotional value, making them attractive investments.
  • Policy Support: In June this year, the MOHRSS and three other departments issued guidelines encouraging the development of "small yet meaningful" livelihood projects, providing resources such as training, financing, and investment opportunities.

Trend: Livelihood entrepreneurship is moving from the margins to the mainstream, becoming a popular choice for both entrepreneurs and investors.

These projects may not have the high-tech aura, but they are deeply rooted in people's daily lives, addressing practical needs and providing opportunities for ordinary people to earn a living. This is the true power of entrepreneurship that brings value to society.