Before graduating from high school, Bai Zongyuan worked as a part-time soliciting for used cars. Seeing the guests, I knew the purpose of buying a car. With this ability, I switched from a part-time job to a dealer and sold six cars in two weeks.
As a freshman, he works part-time in a beer house in Yeou Pavilion, Seoul. After analyzing the business circle, Bai Zongyuan suggested that the owner and grandmother of the beer house send food.
With the business getting better and better, the exhausted owner's grandmother proposed to Bai Zongyuan to buy the store. Although he didn't have much money, grandma was optimistic about Bai Zongyuan's business ability and sold the shop to him. Three years later, Bai Zongyuan paid off all the debts, and the number of shops increased to three. Although he is a college student, he has become an asset with 654.38+0.5 billion.
1989, Bai Zongyuan earned1500 million won, because after all the stocks were lost, he joined the army as a bachelor's degree in 14 and served as a second lieutenant in the army artillery. 1993 After Bai Zongyuan retired from the army, he opened Yuanzubao Hotel and officially joined the catering industry.
A year later, 1994, theborn company was established with the aim of becoming an international trader. Therefore, the focus will be on the wooden house business and the hotel will be operated as a sideline. Because of the wooden house business, Bai Zongyuan is facing a life crisis of death.
The IMF led to the bankruptcy of housing enterprises, resulting in a debt of 6,543.807 billion won and a surplus of hotels. Judging that he could not pay off his debts, he decided to end his life in Hong Kong. When he was eating in Hong Kong, he came up with many business ideas.
After that, he returned to Korea, personally called the creditor to the restaurant, and said that he would pay his debts slowly and ask for a chance. Creditors accepted his sincerity, and Bai Zongyuan gradually developed its real value through the remaining hotels.
Since then, we have used the roadside stalls in Han Xin as a springboard 1998, our home in 2002, spicy stewed seafood rice cake in 2004, Xincun restaurant in 2005, paikdabang and Hong Kong Hotel in 2006, etc. , all launched new services with a cycle of 1. With the success of all these undertakings, the debt of1700 million won was repaid.