10 Things You Didn’t Know About Lin Bin

In the thrilling world of tech entrepreneurship, few figures are more fascinating than Lin Bin – the co-founder and president of Xiaomi Inc, one of the largest technology companies in the world. While you may know of him for his brilliance in the business field, there’s more to this remarkable man than meets the eye. Here are 10 lesser-known facts about Lin Bin that may intrigue you.

1. Lin Bin’s Humble Beginning

Same as many of the successful entrepreneurs out there, Lin Bin did not have a life filled with luxury from the start. He was born in China and later moved to the USA to pursue his academic aspirations. Unlike those who are born with silver spoons in their mouths, Lin Bin had to work his way to the top.

His humble background has kept him grounded over the years, despite his enormous success. This humility is often remembered by colleagues and those who have had the opportunity to work with him, as it sets a good example for the members of his multinational tech company.

2. An Engineering Background

Lin Bin wasn’t always a big shot in the corporate world. He actually began his career in the engineering field. With his Bachelor’s and Master’s degrees in Computer Science gained from universities in the USA, he went on to work for Microsoft and Google.

His past as an engineer laid the groundwork for his later work, helping him to understand the ins and outs of the technological realm. This deep understanding is likely what enabled him to trailblaze a path to success as a tech entrepreneur.

3. Founding Xiaomi with Lei Jun

Despite having a promising career at Google, Lin Bin chose to return to China in 2010. Lei Jun, a tech billionaire who founded the leading software company Kingsoft, invited him to co-found Xiaomi. This was a huge risk for Lin Bin, but it turned out to be the best decision he ever made. The decision to co-found Xiaomi gave him an opportunity to blend his skills in engineering with the business world.

Fast-forward ten years, Xiaomi is now one of the leading tech companies in the world, known for its unbeatable smartphones. Their products can compete with the likes of Samsung and Apple, giving those established companies a run for their money.

4. Lin Bin and MIUI

During the early days of Xiaomi, Lin Bin was instrumental in the development of Xiaomi’s custom Android firmware, MIUI. Given his background in software engineering, Lin Bin was part of the team that created the ROM’s original versions, laying the foundation for becoming Xiaomi’s software identity.

What makes MIUI special is its ads-supported model. This model is credited for creating a revenue stream for Xiaomi aside from selling hardware, thus boosting Xiaomi’s finances over the years. MIUI is now being used by hundreds of millions of people globally.

5. His innovative Leadership Style

Lin Bin’s leadership style stands out compared to other tech-business leaders. Instead of micro-managing, he trusts his employees to innovate. He is known for supporting an open environment that allows creativity and innovation to flourish.

This style is most evident in the company’s “Mi Fan” model. Anyone can suggest an idea or feature for their products, and if it is implemented, they are well rewarded. This breaks down the walls between customers and the production process and creates an innovative environment that has been beneficial for Xiaomi.

6. Loved by the Xiaomi Community

Lin Bin’s dedication to transparency and open communication has won him the admiration of Xiaomi’s wide user base. He boasts a track record of active involvement on Xiaomi’s user forums, engaging in meaningful dialogues and discussing product features with MIUI users.

On several occasions, Lin Bin has unveiled information about forthcoming products. His personal involvement and connection with the user base shows a refreshing business approach that has helped build a loyal following for Xiaomi.

7. His Focus on Innovation and Industrial Design

From the start, Lin Bin has been a strong advocate for the combination of innovation and design as a major driver for Xiaomi’s success. He recognized early on that simply copying ideas would get them nowhere.

His aim has always been to create unique and innovative products alongside top-notch design. This has been the mantra since the inception of the business and continues to be a driving force behind Xiaomi’s success today.

8. Invests in the Young Generation

Apart from his involvement in Xiaomi, Lin Bin also invests his time and resources in the younger generation. He believes in nurturing the future leaders of the tech world, and has made significant investments in several early-stage tech companies run by young entrepreneurs.

His philosophy is that in the world of tech entrepreneurship, it’s vital to keep reinventing yourself. As such, Lin Bin dedicates his time and resources to plant seeds for future innovation.

9. White Collar Boxer

Not many know that Lin Bin is also an avid supporter of the popular boxing exercise “white collar boxing”. This is a form of boxing where men and women in white-collar professions train to fight at special events.

Lin Bin regularly shows his support for this sport and even trains as a white-collar boxer himself. In essence, it mirrors his approach to business; he’s not afraid to take risks or to throw punches when it’s called for.

10. His Vision for the Future

Always looking ahead, Lin Bin envisions a future where Xiaomi leads the way in AI and incorporates more internet services into its offerings. He is dedicated to seeing Xiaomi evolve beyond its current framework and continually innovate ways to make life better for the global community.

It’s this forward-thinking mindset that has made Xiaomi one of the top tech companies in the world, and it is set to drive its continued growth in the future.

Intrigued to learn more about the man behind the tech giant Xiaomi? Here are several useful links:

Xiaomi Official Website
Lin Bin on Twitter
Lin Bin on Forbes