In managing the family, he often warned his children and grandchildren that "trust" should be the most important thing in doing business, and people should be rewarded with credibility. The second is "righteousness". If you don't deceive people or deceive people, you should get a point and don't pinch money. The third is profit, and profit cannot be put in the first place. And the words "arrogance, greed and laziness" are forbidden. He manages the family well, taking Zhu Zi's Motto of Managing the Family as the criterion, taking it as a compulsory course for children and grandchildren's enlightenment, and writing it on the screen door as a daily norm of action. If children and grandchildren have had it, they should be told to recite it on their knees and read it many times at a targeted place. If you make the mistake of throwing rice over your face, you will repeat "a porridge and a meal, when thinking is not easy, half a silk and half a wisp, and the material strength is difficult" until you admit your mistake. Then make some training, and finally the offender thanked him and quit slowly.
Hu Xueyan: Hu Guangyong (1823 ~1885), a native of Jixi, Anhui Province, is a famous Huizhou merchant who lives in Hangzhou for business. At the beginning, he set up a bank in Hangzhou, and later entered the Governor's Curtain of Zhejiang Province to raise and transport equipment for the Qing army. 1866 helped Zuo Zongtang to set up Fuzhou Shipping Bureau. After Zuo Zongtang was transferred to the Governor of Shaanxi and Gansu, he presided over the affairs of Shanghai Mining and Transportation Bureau, borrowed foreign debts for Zuo Da, raised military salaries and ordered arms. Relying on the power of Xiang Army, he set up more than 20 Fukang banks in various provinces, and operated Chinese medicine and silk tea. And opened Hu Qingyutang Chinese medicine shop.
Hu Guangyong personally wrote a "Don't cheat" plaque, telling employees that "the pharmaceutical industry has a bearing on life, especially never cheat" and that "the procurement is true and the system is refined". The medicinal materials used are directly purchased from the place of origin, and a deer garden is set up. And the signboard is "True Price". Huqingyutang is now a large-scale national medicine number for the comprehensive preparation of Chinese patent medicines in China, which is well-known at home and abroad and has played a role in promoting the development of medicine in China.
Wang Yongqing: From the Small Boss of Midian to the Plastic King
19 17 1 month 18, a poor farmer in Xindian, Taipei County, was happy to add a new person, which was Wang Yongqing, who was later honored as the "God of Management".
At that time, the Wangs, whose ancestral home was in Anxi County, Fujian Province, lived a very difficult life. For generations, they grew tea for a living and could barely make ends meet. Wang Yongqing's father, Wang Changgeng, looks after the tea garden all day, and his meager income barely supports the normal expenses of a family. At the age of 9, Wang Changgeng was unfortunately ill and had to stay in bed. Wang Yongqing began to help his mother share the burden of life with his thin shoulders.
/kloc-at the age of 0/5, Wang Yongqing graduated from primary school, first worked as a handyman in a tea garden, and then worked as an apprentice in a small rice shop in Chiayi County, southern Taiwan Province for one year. In the second year, Wang Yongqing made the first important decision in his life, opening the rice shop as his own boss, and the start-up capital was 200 yuan borrowed by his father from others.
The problem followed. After the opening of Wang Yongqing's small shop, there was not much business because the Japanese rice shop next door had a competitive advantage, while other rice shops in the city tied up old customers. However, Wang Yongqing, aged 16, has demonstrated his superior marketing ability. He not only sells his rice door to door, but also pays out old rice and washes rice jars for residents free of charge. According to the present situation, Wang Yongqing provides highly targeted personalized services to the people in Chiayi County, and gradually gains the upper hand in maintaining customer relations. In addition, at that time, the rice processing technology was relatively backward, and the rice sold was mixed with rice bran, sand grains and small stones, which was not surprising to both buyers and sellers. Wang Yongqing cleaned up the sundries in the rice before selling it every time, and the buyer got benefits, and he became a repeat customer in the long run. An article said that at first, Wang Yongqing's rice shop sold less than 12 buckets of rice a day, but later it could sell more than 100 buckets a day.
After several years, the business of rice shops became more and more prosperous. Wang Yongqing organized a rice mill and completed the primitive accumulation of individual capital. Since then, Wang Yongqing's fate has changed.
After War of Resistance against Japanese Aggression's victory, Taiwan Province's economy began to develop, and the construction industry had the best momentum. Wang Yongqing was keenly aware of this, so he seized the opportunity to run the timber business and made a lot of profits. The son of an ordinary farmer has actually become a minor local businessman. At this time, there are more and more merchants operating the timber industry, and the competition is becoming more and more fierce. Seeing this, Wang Yongqing resolutely decided to quit the timber industry.
In the early 1950s, several industries in Taiwan Province were in urgent need of development, such as textiles, cement and plastics. He Yi was an influential entrepreneur in Taiwan Province's chemical industry at that time. However, after visiting abroad, He Yi thought that Taiwan Province's plastic products could not compete with Japanese products anyway, so he was unwilling to invest in Taiwan Province's plastic industry. Surprisingly, at this time, Wang Yongqing, a little-known ordinary businessman, offered to invest in the plastic industry! The news came out that Wang Yongqing's friends all thought that Wang Yongqing wanted to get rich and lost his head, and they advised him to give up this whimsical decision. A well-known local chemist openly mocked Wang Yongqing for not knowing what plastic is, and starting a plastic factory must be ruined!
In fact, Wang Yongqing made this bold decision, not on a whim and taking risks. He made a thorough analysis and research in advance. Although he is still a layman in the plastic industry, he asked many experts and scholars for advice, visited many famous industrialists, made a thorough and detailed investigation on the market situation, and even visited Japan privately! He believes that caustic soda is produced all over Taiwan Province, and 70% of chlorine gas can be recycled every year to make PVC plastic powder. This is an excellent condition for developing the plastic industry.
Wang Yongqing was not intimidated by the cynicism of others. 1954, he cooperated with Zhao Tingzhen, a businessman, and raised 500,000 US dollars to set up the first plastic company on Taiwan Province Island. It was completed and put into production three years later, but as expected, it immediately encountered sales problems. The first batch of products 100 tons, only 20 tons were sold in Taiwan Province, which obviously exceeded demand. According to the convention in business, when supply exceeds demand, production should be reduced. But Wang Yongqing did the opposite and ordered the expansion of production! Gal, even the partners he had won, also dare not to follow his adventure, have asked to quit. Wang Yongqing, a shrewd man, dared to last stand, sold all his property and bought all the property rights of the company, making Formosa Plastics Company his sole proprietorship. Wang Yongqing has his own abacus. He studied the production and sales of plastics in Japan. At that time, the output of PVC plastic powder in Japan was 3,000 tons, and the population of Japan was only 10 times that of Taiwan Province. Therefore, he believed that his products could not be sold, not because there was a real oversupply, but because the price was too high. If we want to reduce the price, we must increase the output to reduce the cost.
In the second year, he invested and set up his own plastic product processing factory-South Asia Plastic Factory, which directly produced some plastic raw materials into finished products for the market. The development of things proves that Wang Yongqing's calculation is correct. With the reduction of product prices, the market naturally opened up. Formosa Plastics Company and South Asia Company both benefited greatly! Since then, the output of Wang Yongqing's plastic powder has continued to rise, from the initial annual output of 1200 tons to the present10 million tons, making his company the largest PVC plastic powder producer in the world.
At present, Formosa Plastics Group has a wide range of business, including oil refining, petrochemical raw materials, plastic processing, fibers, textiles, electronic materials, semiconductors, automobiles, power generation, machinery, transportation, biotechnology, education and medical care. Especially in the petrochemical industry, it has established a complete industrial chain integrating crude oil import, transportation, smelting, cracking, processing and manufacturing, and refined oil retail, which is a unique enterprise group in Taiwan Province. Formosa Plastics Group has nine companies with more than 70,000 employees and total assets of NT$/kloc-0.5 trillion.
According to the survey of the strength of 2,000 large enterprises in Taiwan Province's "commonwealth magazine" in recent years, Formosa Plastics Group has become the leading enterprise group in Taiwan Province. Wang Yongqing also made Forbes' list of the world's top rich with a value of $5.4 billion.
In 2002, although Wang Yongqing announced his retirement and no longer asked about the specific business affairs of the group, he was still the chairman of the group and major enterprises, and was the helmsman and spiritual leader behind the scenes of Formosa Plastics Group.
The god of management advocates a simple outlook on life
For decades, the global chemical industry has always regarded Wang Yongqing as the "God of Management", and his management method is highly respected. Many Taiwan Province entrepreneurs regard Wang Yongqing's management experience as the most practical textbook.
Rothschild family
The rothschild family is the oldest and most prominent banking family in Europe. At that time, when Britain was building the Suez Canal, it borrowed money from the rothschild family. What guarantee did rothschild ask? They said they were guaranteed by the British government, so their reputation affected the whole of Europe. This is a giant of Jewish business.
Pierre Augustin Caron de Beaumarchais is a famous businessman in French history.