Analysis: The Business Legend Of Business Giants

The names of Li Jiacheng, Liu Yonghao and Wang Yongqing are three people in the global Chinese circle.

We are concerned about these epic wealth giants.

From scratch, all rivers run to the sea.

Searching for the three richest minds

One of the common features: starting from scratch.

Chairman Mao once said that a blank sheet of paper can draw the latest and the most beautiful pictures.

The fortunes of Li Jiacheng, Wang Yongqing and Liu Yonghao began with a blank sheet of paper.

Like Li Jiacheng, he experienced many disasters such as natural calamity, war, turbulence, and escape. The burden of family life was borne by the age of 10.

Behind the white paper of the richest men, there is wealth desire, wealth wisdom and wealth persistence that surpass others and never give up.

As early as 20 years ago, Samuelson, a famous American economist, said: the gap between the rich and the poor has started from the cradle.

A great deal of wealth is the result of the shift from generation to generation.

The special talents, risks, glint and luck of grandparents turned into the luck of future generations.

Liu Yonghao's background

In 1951, Liu Yonghao was born in Xinjin, Sichuan.

In 1982, Liu Yonghao, who was over the years, resigned from the government office and sold four pieces of scrap iron, watches, bicycles and black and white television with his brothers. He made up 1000 yuan to go to the sea and work for himself.

They set up a small seed farm to hatch chickens and quails.

In 1988, Liu brothers carefully studied and gave up quail and switched to feed. More than 30 experts in animal nutrition were invited to tackle key problems.

In April 1989, the company's self-developed pellet feed was released in Shanghai, Jiangxi, Anhui, Yunnan, Inner Mongolia and other twenty provinces, municipalities and autonomous regions.

Li Jiacheng, the richest Chinese

Li Jiacheng's background

In July 1928, Li Jiacheng was born in a teacher's family in Chaozhou, Guangdong.

When Li Jiacheng was 11 years old, his father left his family and left Hongkong for the invasion of Japan.

Two years later, because of his father's death, Li Jiacheng, who was the eldest son, resolutely picked up the burden of his family and dropped out of school. He was only 13 years old.

Li Jiacheng first worked as a salesman in a toy manufacturing company and was promoted to the general manager of the plastic toy factory before he was 20 years old.

Later, he used his savings and savings of $7000 from relatives to rent an old factory building in Shau Kei Wan and set up his own plastic factory. He named it Changjiang plastic factory.

In the mid and late 50s, Li Jiacheng, who experienced big and big backwardness, started business again, and established Changjiang Industrial Co., Ltd. to develop plastic flowers.

The huge plastic flower market has brought Li Jiacheng tens of millions of Hong Kong dollars in profits.

The Yangtze River has become the largest plastic flower production base in the world, and Li Jiacheng is known as the king of plastic flowers.

Wang Yongqing's background

Wang Yongqing was born in Xin Dian, Taipei County in January 18, 1917, and her ancestral home is Anxi County Fujian province.

His father Wang Changgeng lived a hard life by growing tea.

When he was 15 years old, he went to the tea garden to work as a miscellaneous worker. After that, Wang Yongqing went to a millet shop as an apprentice.

In second years, he used his father's borrowed 200 yuan to make the principal and set up a millet shop.

After little savings, Wang Yongqing set up a rice mill again.

In early 50s, the Taiwan industrial administration launched a series of industrial development plans, including the use of American aid to build the basic raw material of petrochemical industry, polyvinyl chloride.

Wang Yongqing boldly took over this project that nobody liked at that time.

{page_break}

Two common features: frugality, wealth, and consolidation.

The richest people know how to make money, but they are not proficient in spending money.

In the four great state of wealth, consumption, investment, donation and bankruptcy, they always abandon bankruptcy, cold consumption, keen investment and donation.

Liu Yonghao, director of new hope group

Liu Yonghao's living habits

Habits of childhood are hard to change. They like to eat the same old stuff: Mapo Tofu, chili and twice cooked pork.

I like reading books, reading newspapers, sports, climbing hills, not climbing mountains. I like photography and swimming. I often go around with my camera and combine travel with leisure and study, but I can't Golf and dare not surf.

Li Jiacheng's living habits

When you get up at six in the morning, you spend most of your time playing golf or swimming, and then you are busy with your work.

Insisted on wearing a traditional blue suit, wearing a watch worth only 26 dollars.

I like to read all kinds of books, mainly in philosophy, politics, economics, Chinese culture and new technology.

Li Jiacheng spent about 20% of his time in charity. He has donated $500 million to build various schools, hospitals and medical research activities in Hongkong, mainland China, the United States and the United Kingdom. He will also devote more energy and funds to philanthropy in the future.

Wang Yongqing's living habits

Wang Yongqing, now more than 80, is known for thrift.

One of his towels can be used for 27 years.

He taught his son to be thrifty and frugal, and his son Wang Wenyang was sent to the UK to study at the age of 13. In the 14 years of foreign life, Wang Yongqing only allowed two sons to return to Taiwan.

Son's material life abroad is not rich.

Wang Yongqing usually eats lunch at the company, eats the same box lunch as the supervisor, eats and listens to the report, checks the work.

Instead of going to a luxury restaurant, he entertained guests and set up a light meal at the company's own hostels.

Three common characteristics: relying on family, breaking through family and reshaping family

The simplicity and efficiency of family businesses is one of the important factors for the rise of Chinese family businesses.

Under the widespread questioning of family businesses, the successful practice of Liu's four brothers, Li's father and son, and Wang family led people to re-examine the inner growth rules of family businesses.

In fact, the most important thing is that they dare to break through the traditional family business operation mode, be good at organically combining the best genes of family businesses with the most successful management of modern enterprises, and create modern family businesses, forming a form of Chinese and western enterprises that are flexible in dealing with market changes, which not only keeps the company's enduring prosperity, but also provides a new and orientable enterprise management mode for the world.

Liu Yonghao's family view

Our business has very strong family characteristics at the very beginning.

In the early stage of enterprise start-up, the advantages of family enterprises are obvious. They still rely on father and son soldiers to fight. In the early stage of entrepreneurship, they need unity. However, when a company has done a certain scale, it needs to overcome the problem of pure family management, which is a big problem.

Our original family run private enterprises should be primary school students, learn to add, subtract and multiplex. In addition, it is to increase the sense of modern enterprise, enhance the concept of honesty and increase the competitiveness of the internationalization of enterprises.

Minus is to reduce some of its bad habits and practices, such as cutting off too many duties on my head, and reducing them to chairman only.

We should start with product management and learn to introduce capital management on a solid basis.

In addition, it is to eliminate the pattern of bosses who are easily formed by family businesses, and to play the role of teams and avoid mistakes in decision-making.

Li Jiacheng's family view

As in the battlefield, each combat unit has its function, and the commander may not be proficient in each weapon than the soldier. But the most important thing is that the leader is also very clear about the role of each weapon and every unit. Only when he understands the whole situation can the commanding officer co ordinate and command his subordinates well, so that they can play their strong points in order to achieve the best results.

Wang Yongqing's family view

We must adhere to the management system of completely separating the two powers and pform the family businesses into the family of enterprises.

To a certain extent, the scale of development of enterprises is large, and people are numerous and miscellaneous. It is not enough to rely solely on manpower to manage and control.

If enterprises do not have a strict organization and hierarchical management system as the yardstick for regulating all people, things and things, their future will be very dangerous if they are thoroughly implemented.

If I overexert myself and give my chair to my son, I am a sinner.

{page_break}

Four common characteristics: respecting knowledge, reusing talents, and increasing expertise.

At the same time, when the first rich people have the power to strategise and implement diversified expansion, they pay great attention to hiring outstanding professional managers, letting them freely manage their businesses, forming a new pattern of diversified development and professional value added.

Like Li Jiacheng, the ten working emperor of Hongkong, six of them have established an effective cooperation mode combining the advantages of the old, the middle and the green, and the Chinese and Western colors.

He is good at finding and hiring the best professional managers in the world.

Liu Yonghao's talent view

The new hope group pursues an open view of talents. We should put the best talents in the most important posts.

My most important task now is to train and select talents.

If a man has three or six arms, he can not manage so many people and deal with so many things.

The new hope group has 9800 employees. How do I manage it? What do we rely on? Rely on people, rely on one mode, rely on one system, and rely on an open concept.

Li Jiacheng's talent view

Most people have strengths and weaknesses. It seems that elephants eat enough food and a small spoon of ants is enough.

Each according to his ability, each according to his needs, the principle of using material and material, and like a machine, if the main parts need five hundred horsepower to start, although half horsepower is much smaller than five hundred, it can also play a part.

Wang Yongqing's talent view

The success or failure of a company depends on the most important factors, such as human experience, management, wisdom, conduct, concept, diligence and so on.

Business needs talents first.

In the Formosa Plastics enterprises, there is no so-called airborne troops. If we want to make all subordinates feel convinced, we must start from the base.

Giving a person no challenging work is doing harm to him.

Human potential is endless, giving no challenging work, this person's potential can not be fully realized, his life is over.

Five of common characteristics: pursue wealth, create wealth, and surpass wealth.

Making money is no longer a satisfying appetite for the richest. It is no longer a proof of its value. It is more about creating wealth as a way of life, a way of existence and a joy in life.

They create wealth in pursuit of wealth, and pursue wealth in the process of creating wealth.

Liu Yonghao's view of wealth

When a person has 100 thousand yuan, his desire for wealth is strongest and the importance of money reaches its peak. When a person has 10 million yuan in his pocket, his feeling is what he wants. When a person's wealth increases to 1 billion, he will feel that his pocket is only 100 million, and the other 900 million seems to have nothing to do with him.

Wealth is a process, not an end.

The joy of wealth is much less than the joy it has gained in creating wealth.

Li Jiacheng's view of wealth

Once, when he took the car keys, Li Jiacheng accidentally dropped a 2 yuan coin and rolled it to the bottom of the car.

He estimated that if the car started, the coin would fall into the ditch and squatted down to pick it up.

At this time, a India official on duty saw him and picked it up immediately.

After recovering the coin, Li Jiacheng paid him 100 yuan.

Li Jiacheng's explanation is: if I do not pick up the 2 yuan and let it roll into the ditch, the 2 yuan will disappear in the world.

And 100 yuan to the duty, on duty can be used.

I think money can be used, but it can not be wasted.

Wang Yongqing's view of wealth

A dollar you earn is not a piece of your money, and a dollar you save is a piece of your money.

Six of common characteristics: wealth is a kind of life energy, and a spiritual motive force to push society forward forever.

After all, wealth is a worldly possessions. Any wealth will eventually return to society.

The first rich continue to make money because for them, the process of wealth gathering is no longer a simple accumulation of funds, but a process of social credibility and social responsibility. The essence of wealth has been sublimated into a kind of energy of life, a spiritual driving force that pushes enterprises, nations, countries and society to go upward.

Liu Yonghao wealth motive force

Wealth has lost meaning for me. Now accumulating wealth means contribution to society.

Many people do not want to make progress after getting rich, forget their responsibility for social development, I am not that kind of person.

For me, money is no longer the ultimate goal.

When a person regards making money as the only goal he pursues, it is the saddest time for him to support one's progress.

Li Jiacheng wealth motive force

I often ask myself, what is the definition of success? What is the meaning of creating wealth? I think success and freedom are the basic thirst of human beings. Success is to achieve their own goals, and freedom is responsible for their actions to the society, which is available to everyone.

I want to create a career, in addition to hope that my career can continue to develop, and more importantly, to make use of wealth for national and human interests.

So when I was 20 years old, I promised myself that I would use my commercial achievements to promote the development of education and medical care and help helpless people.

My life is full of challenges and competition.

I set my goals for myself and do my best to serve the society. I hope to leave a good seed in the world and do more meaningful things, so that my life will not be wasted.

I have nothing to ask for, nothing to eat and live.

If I can do something beneficial to the long-term stability of mankind, the nation and the country, I will enjoy it.

Wang Yongqing wealth motive force

Industrious and simple.

It is Wang Yongqing's family precepts and his first principle of being a man and businessman.

Taking the initiative to meet challenges and certain pressures can fully demonstrate the vitality of a person, not only harmless but also beneficial to the growth of individuals and enterprises.

There are different techniques in Rome.

There is no fixed wealth creation model, there is no same path to wealth creation, but knocking the door of wealth requires wisdom, perseverance, courage, and.{page_break}.

Analysis of the richest philosophy of the three richest people

Looking at the pioneering work of the three richest people, there is one thing in common, that is, second choices can really open the door to wealth and make the second choices the main business.

Li Jiacheng gave up the position of professional manager and set up another gateway to develop plastic flowers; Wang Yongqing left the rice mill and joined the petrochemical industry; Liu Yonghao no longer raised quail and turned to feed production.

They have their own strategic rules in the way of products, brands and capital operation.

Liu Yonghao's path to wealth creation

From the point of view of the investment target, his capital is mainly invested in people after he has created enormous wealth from the land.

For example, the dairy industry, the housing industry, the tourism industry, the IT industry and the financial industry that people are saving.

From the perspective of capital operation, it is mainly a late hairstyle, low price strong takeover, and industrialization integration, seeking to earn industry profits.

From the perspective of capital appreciation, we are still making money by products and gradually making money for industry.

Making money with money has not yet become the mainstream of its capital appreciation, and the profit source is still in the mainland market.

Li Jiacheng's path to wealth creation

So far, Li Jiacheng's success has been borrowed, making others earn money for him. He lacks original creation, but he has succeeded.

Li Jiacheng's investments, mostly strategic investments, aim to earn tomorrow's excess profits, such as Hongkong's property market, global ports, global 3G, Cyberport in Hongkong, real estate in the mainland and global energy.

Li Jiacheng is completely free from the original operation mode of making money by products. Doing business (such as buying and selling Orange), making industry (port, property market), making rules (3G mobile phones) have become the main means for Li Jiacheng to make money, and also the mainstream of capital appreciation.

The profit source has been pferred from Hongkong to the United States, the European Union and Mainland China.

Wang Yongqing's path to wealth creation

Wang Yongqing left the path between Liu Yonghao and Li Jiacheng.

On the one hand, based on the petrochemical industry, taking Taiwan as the base, taking the mainland as the bridgehead, establishing a global oriented industrial chain, forming a multiple profit chain of raw materials, products, enterprises and industries; on the other hand, entering the basic industries (medical, manufacturing, petroleum, etc.).

In the way of capital appreciation, the profit of the basic industry is the mainstream, and the profit source has been pferred from Taiwan to the mainland and other regions. The profit stream is extending to the high-tech industry.

The path of wealth creation among the richest people is determined by their own wealth creation concept and geographical background, and more importantly, determined by their accumulated wealth strength, investment preference and strategic vision.

Like Li Jiacheng and Wang Yongqing, Hongkong and Taiwan are small towns. Once the industry is bigger, the local development will not be able to accommodate them.

The internationalization background of these areas is easy to push forward to other regions.

Wang Yongqing once said that the labor force in Taiwan is 10 times more expensive than that in the mainland, and other factors such as land are much more expensive than the mainland. Therefore, it is hard to make profits in Taiwan investment. Capital pfer to the mainland is a basic outlet for Taiwan capital.

Liu Yonghao still sticks to the domestic market, because the Chinese market is the international market.

In addition, Li Jiacheng is a complete investor, and Liu Yonghao is still a businessman. Wang Yongqing is in between.

Liu Yonghao's law of wealth creation

When a company is bigger, its financial resources are still limited, and the size of the country is so large that we are unlikely to vote everywhere.

It is important to note that the money of the bank is not easy to use; the bank is the one who constantly gives you money when you are in the right place, but the person who pushes you to the bottom of the cliff when you have no money or the most short of money. The bank is poor and rich, reducing the dependence on banks and striving for steady development is the basic point of a long determined enterprise.

Li Jiacheng's law of wealth creation

Buy the assets that nobody wants, see if the asset has a profit potential in the long run, never have a special interest in a particular business, so that it can be sold at any time when the time is ripe, and let partners share enough profits so that they will give you more returns.

Wang Yongqing's law of wealth creation

Running enterprises has three levels: one is the stage of entrepreneurship. In this period, the courage and experience of entrepreneurs is the first condition for the success of enterprises.

Second, it is the development stage. In this period, management skills and management methods have become the means for entrepreneurs to win.

Third, it is the scale stage. In this period, if we want the enterprises to continue to develop and advance steadily, what experience, skills, methods and so on have been far from the responsibility of entrepreneurs. At this time, the only way that entrepreneurs can rely on their continuous victory is the correct philosophy.

In fact, over the past two hundred years of modern history since the industrial revolution, no matter which country, those successful entrepreneurs are the dark horse that they have killed. They have achieved the success that others can not expect in the way that others do not expect.

No best, only better.

We can find the origin of wealth, but we will never find the end of wealth.

The maxim of investors is always the best reward for tomorrow.

Looking forward to the three richest investment trend

The investment trend of the richest people will affect the direction and process of future industrial development.

Paying close attention to their investment trend is to focus on our future.

Here, we will make a forward-looking forecast of the capital trend of the three richest people.

Mainland's richest capital trend

Liu Yonghao, whose land is growing wealth, will focus on three aspects: the first direction is still human, the main point is to eat, live, play, and the key is to play.

In addition to the dairy industry, except for the dairy industry, it will enter the meat food industry and make the cake of the big ecological agriculture. Ham enterprises will be the first choice of mergers. The investment in the real estate industry will increase, and the focus will be on choosing cities and lots. In playing, it will invest huge amounts of capital in the tourism industry. This is Liu Yonghao's most important part in the herringbone articles. The second direction is the high-tech industry. Liu Yonghao, a traditional industry, is very cautious about entering the high-tech industry such as IT, and is still in the exploratory stage.

But as a future direction of wealth, Liu Yonghao will never be a spectator. Not to mention his own academic background and the background of his daughter studying in the United States will surely push him into this industry. The third direction is the financial insurance industry.

Hongkong's richest capital trend

Li Jiacheng's choice of investment industry is still high barriers, high growth and high returns. The goal of the industry is the first or second of the industry.

In this way, Li Jiacheng will continue to promote investment in 3G, ports, Internet and real estate. The most likely investment areas in the mainland will be media, finance, insurance, energy and education.

UL, a Tom.com holding company controlled by Li Jiacheng, has fully acquired Taiwan Business Week media group and has become Taiwan's largest magazine publisher.

Asian television has also been intended to buy, although the final exit, but does not mean that the media will be abandoned.

The media will be the last monopoly position of our country, the profit of the investment media is rich, and the Chinese government is willing to give this market to the Hong Kong and capital elite such as Li Jiacheng to avoid the rapid invasion of foreign capital. Although the financial insurance and the education industry is not a strong field for Li Jiacheng, but with the rise of Li II, it will never stand by, let alone the two industries are in line with Li Jiacheng's purpose of benefiting the society and the direction of strategic investment; the energy industry is also a state control scope, a broad market prospect, and once the policy relaxation of the government, the Li family is determined to drive directly in the Li family once the policy is relaxed.

Capital trend of the first rich in Taiwan

Wang Yongqing has always adopted a prudent investment strategy for the mainland. The basic trend in the future will continue to increase investment in the petrochemical industry, seize the commanding heights of the mainland market, continue to promote investment in the medical industry and seek to build a huge medical network.

There are three major breakthroughs in the field: first, the automotive industry, the two is the energy sector, and the three is the IT industry.

The automobile industry is mainly to build the electric vehicle market of Formosa Plastics on the mainland. The energy industry mainly develops the electricity market, and investment in the construction of power plants and power grids. IT industry will be the key investment area of the second generation leaders of Formosa Plastics, and Wang Xuehong has made a stand.

Who will ultimately hold the future economic ear, do not need to see whether others are in front of themselves, all depends on their grasp of today's opportunities, and the insight into the new economic elements and laws in the future.

The new hope of the Yangtze River and Huang, and Formosa Plastics, are all far sighted, smart and sophisticated enterprises in China. They will never let go of any opportunity suitable for their investment.

In the next few years, resource integration will be the common move of the richest people. The new hope will be to establish five major business areas, namely, ecological agriculture, real estate, financial insurance, tourism and IT industry. The Yangtze River and Huang will form strong business areas such as the real estate industry, port industry, telecommunications industry, retail industry, energy industry, media industry, IT industry and so on. The operation area of Formosa will be dominated by petrochemical industry, medical industry, energy industry, automobile industry and IT industry.

A successful investor can always make the capital of the winter earn the money of spring, and look forward to the most rewarding tomorrow.

In today's society, what is scarce is not capital, but the insight and courage to discover and grasp investment opportunities.

What is the future capital trend of the richest people? Whether it will succeed or not? It remains to be tested by time and practice.