Wealth

Chapter 1067 The Anticipated Meeting

Whether it is Fan Heng or Fan Wubing. Both father and son are strong opponents of low-level competition. While foreign countries are completing the comprehensive transformation of high-tech industries, they are also concerned about those in China who simply use their privileges to collude with officials and businessmen to squander state-owned assets. Naturally, the behavior of mineral resources is deeply abhorred.

No one can be complacent because they have the privilege to monopolize domestic mineral resources at a very low cost. This is a very shameless act.

Although in the current country. This power rent-seeking model of official*business*collusion exists in most places, but there is no doubt that this is an important part of power politics. There is nothing comparable to the monopoly of low-cost and high-yield mineral resources. It is more suitable for accumulating original capital.

For a long period of time, domestic mining tycoons have been extremely low-key. Apart from buying luxury cars or purchasing properties overseas, they rarely make public appearances, despite their staggering amounts of wealth. But they know better how they got their wealth and the deep-water predators hiding behind them.

Once these situations are exposed. It is very likely that this will set off a wave of intense anti-corruption campaigns.

move.

Therefore, everyone enjoys the rapid growth of wealth brought by power in a low-key manner, and is unwilling to covet any false fame.

Growing pains are also permeating the business world this year. The best-selling business book in the United States is the magazine published by Jim Collins. Every company in the top 500 rankings has been analyzed one by one, and some surprising conclusions have been drawn.

Collins found that the transformation of a company from good to great has nothing to do with whether the industry it is engaged in is in the trend. In fact, even a company engaged in a traditional industry may become outstanding even if it is initially unknown.

Other conclusions he reached include that technology and the changes driven by technology do not actually inspire leaps from good to great. Mergers and acquisitions do not play any role in driving companies to leapfrog. Revolutionary leaps do not A revolutionary process is necessary. Excellence is not a product of circumstances. To a large extent, it is the result of careful decision-making.

These concepts are undoubtedly shocking to entrepreneurs who once made rapid progress and are now trapped in the Internet bubble. It makes people rethink the path and true meaning of growth.

Collins also describes the fifth level of leaders who create great companies. They tend not to stand out in the forefront, become media darlings, talk about their ideas, or become celebrities. Most of them look like aliens. Silent and reserved, not pushy, even a little shy, he combines a humble personal trait with an unyielding professionalism. They hide deep behind the team and coordinate the team's symphony.

This kind of image description dwarfs the sex-loving Internet upstarts.

In China, people have also begun to take Collins's ideas seriously. The performance of a locally grown entrepreneur seems to reflect the shadow of fifth-level leadership.

In January this year, Huawei’s Ren Zhengfei was in Huawei’s winter”. In the past year, Huawei's sales soared to 22 billion yuan, and its profits ranked among the top 100 electronics companies in the country.

However, he has clearly foreseen the impact on the telecommunications market after the bursting of the Internet economic bubble. This entrepreneur, who has always been worried and extremely low-key, asked his employees at the beginning if all the company's employees had considered whether one day the company's sales would What should we do if we experience a decline in profits, decline in profits, or even bankruptcy? Our company's peace time was too long, and too many officials were promoted during peacetime. This may be our disaster. The Titanic also set sail amidst cheers, and I believe it. This day will definitely come.

Ren Zhengfei then wrote in a sensational and sharp tone, it may be spring now, but winter is not far away. We have to think about winter issues in spring and summer. Fourth, the winter of the industry may not be winter for other companies, but it may be winter for Huawei. Huawei's winter may be colder, even colder. We are still too young. After ten years of smooth development, our company has never experienced setbacks. Without setbacks, we would not know how to move towards the right path. Suffering is a fortune, but we have not experienced it. This is our greatest weakness. We are completely unprepared psychologically and skillfully to adapt to the situation.

In the history of business, Ren Zhengfei is not the first entrepreneur to write words of self-reflection and introspection. Jiang Wei of Shenyang Feilong, Wu Bingxin of Shandong Sanzhu and others all took similar measures when the corporate crisis broke out. However, Ren Zhengfei was the first to raise a red alert when the company was still in a period of high growth.

His warning has paid off. The global telecommunications industry has experienced a shocking decline this year. The business of Huawei's global rival Cisco in the United States has suffered a serious decline. The scrapped inventory alone for the whole year has reached US$2.2 billion, and Cisco's stock has plummeted. Forced to lay off more than 8,500 people, Chairman Chambers reduced his base salary to one dollar.

In such adversity, Huawei, which made timely adjustments, achieved a profit of 2.7 billion yuan, completing the leap from good to great.

In fact, the people suffering the most this year are not just the four, but the elites in the industry.

In the domestic stock market, marked by the collapse of Luliang, the bookmakers in the capital market have fallen into a bitter struggle.

It was probably Fan Wubing's fierce remarks about the capital market that stimulated the domestic high-level officials. After conducting countless surveys on the domestic capital market, actions to suppress market makers and regulate the market finally kicked off.

Under the increasingly tightened official regulations, bankers' daily job is to deal with crises, and the business community has begun to question the capital management model that has been popular for many years. China Resources, which was selected as this year's China Economic Person of the Year due to a series of successful acquisitions, Group President Ning Gaoning said unexpectedly in his acceptance speech. The Chinese business community has created many harmful words in the past, and the word capital operation is one of the most harmful. You can't find the word capital operation in the dictionary of all successful companies, especially those in the West.

In the American business world this year, the only event to be proud of is that Apple's Steve Jobs launched the world-famous Feng network music player, which quickly became one of the most favored new products by the media after Japan's Sony..." .

Another very influential thing is the liberalization of the domestic carbonated beverage market. Coca-Cola and PepsiCo "acted very determinedly on their own.

The joint venture model between Coca-Cola and PepsiCo in China is worth studying. Since Coca-Cola took the lead in entering China, foreign investment in carbonated beverages has been directly approved by the central government, ranging from how many bottling plants to establish and where to set up the factory to the price of concentrate supply, etc. It's all decided by the government.

Around 1993. The China Light Industry Federation also signed memorandums of understanding with Coca-Cola and PepsiCo to jointly develop beverages. The two cola companies are required to transform the original domestic brand-name beverage production companies while establishing bottling plants. The joint ventures they established must produce at least 30% of domestic brand beverages. This joint venture model has caused many conflicts between China and foreign parties. Now it is finally time to break up.

These two things are of great significance to Fanshi Investment Group; on the one hand, because Fanshi has always been the largest underwriter of major international brand electronic products, Fan Wubing is very interested in Si and is in the process of appointing someone. Negotiating agency sales matters with Apple, on the other hand, is because the two cola companies have let go of their hands, creating a relatively fierce competition with their own Fan's Coke.

All in all, Fan's Investment Group will face more opportunities and challenges this year. There is also a very, very important thing. Fan Wubing is not sure whether he will survive at this time, but he has already begun to order investments in the United States. Institutions began to shrink their funds, especially staff in financial services. They left several major financial centers and began to enter several bases built by Fan Investment Group in the United States for twenty days of overall training.

Although when receiving this order, the senior executives of the US financial management team expressed that this seemed a bit incomprehensible because although it is the off-season, employees traveling through major financial centers every day. There are still around a few hundred people. Making such a decision suddenly means that everyone will have to conduct a semi-closed gathering.

“This will affect us making less money,” said a U.S. executive.

In this regard, Fan Wubing had no room for bargaining. He expressed his opinion clearly, "It's just a twenty-day gathering. Making money is a trivial matter. But this time, the hair training is of great importance, and it affects our Fan." The layout of the overseas team of our investment group in the next few years, or I may make a decision to lay off employees due to the current economic downturn. Therefore, you should clearly convey my intention and take the lead in completing this training work. You know, my layoffs are regardless of position."

When the Americans heard what Fan Wubing said, they immediately knew that they had no choice but to obey, even though Fan Wubing mostly just gave them direction development opinions. I don’t care much about specific matters, but once the words are spoken, it is unquestionable. Besides, it will only take twenty days, and it is estimated that it will not have much impact on American companies. After all, most business can now be processed through the Internet.

During this period, Apple's Steve Jobs proposed a meeting with Fan Wubing.

Fan Wubing readily agreed to this, but he invited Jobs to visit China in the near future and said that the Chinese government could also issue a formal invitation letter. This matter was indeed not a big deal to him. He is very familiar with the State Council, coupled with the important influence of Fan Investment Group, and Steve Jobs himself is a world-famous figure, this is just a matter of words.

already.

Jobs also wanted to visit China, so he accepted the invitation from Fan Wubing and the Chinese government, arrived in Beijing on September 6, and began a week-long visit to China. During this period, he planned to attend a welcome ceremony arranged by the State Council, and then We will visit several high-tech companies of the Fan Investment Group, visit the Bijiu Club, a behemoth in the field of electronic product sales, and then go to Peking University to communicate face-to-face with students. In short, we will finally have a more sincere talk with Fan Wubing. to determine the comprehensive cooperation between the two parties in the next few years.

Fan Wubing has always had a high regard for Steve Jobs, thinking that he was a legendary figure.

Jobs was born in San Francisco, USA, and was ruthlessly abandoned by his father, a university professor, and his mother, a abandonment artist, just after he was born. Fortunately, a kind-hearted couple took in the poor illegitimate child.

Although he is an adopted son, his adoptive parents treat him very well, just like their own children. As a student, Jobs was smart, naughty, and unscrupulous. He often likes to come up with some ingenious and ridiculous pranks. However, his academic performance is very outstanding.

At that time, Jobs lived near the famous Silicon Valley, and his neighbors were all employees of HP, a Silicon Valley veteran. Under the influence of these people, Jobs was fascinated by electronics since he was a child. An HP engineer saw how obsessed he was and recommended him to join the HP's founder club.

When Jobs was in junior high school, he met Wozniacki, who was five years older than him, at a classmate reunion. Wozniacki was the president of the school's electronics club and was also very interested in electronics. The two hit it off, and eight years later they founded Apple Computer.

In 1980, Apple's stock was publicly listed, and in less than an hour, all 4.6 million shares were snapped up, and the stock closed at $29 per share that day.

According to this closing price, Apple's senior management has produced four billionaires and more than 40 millionaires, and Jobs, as the founder of the company, is of course ranked first.

Because of his great success, Jobs was awarded the National Medal of Technology by President Reagan. However, success came too fast, and behind the excessive honors came a strong crisis. Because Jobs's business philosophy was different from that of most managers at the time, and the blue giant Sigang Company also began to wake up and launched personal computers to seize a large market, Jobs' new computers failed miserably. The general manager and directors blamed the failure on the chairman Jobs and revoked his management power through a resolution of the board of directors in 1985.

Jobs tried to regain power several times but failed, so he resigned as chairman of Apple in anger.

一一一 Today's first update is delivered, 一一, 一一, (to be continued)

Chapter 1599/1761
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