Abstract
We conducted this grounded theory research to study the motivation of wei-shangs (i.e., wechat businesspersons) in starting their own business ventures, and their business model and entrepreneurial behaviors. We found that many college-student wei-shangs are risk-adverse individuals who think of entrepreneurship merely as a leisure-time pursuit. We also found that ‘feminine’ characteristics seem to hold a key to successful entrepreneurship. Furthermore, we found that wei-shangs use the wechat platform to extend their social network and to gain the trust of potential customers to get them to buy their products.
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