The Guo family started their business in Nanyang.
As early as 1909, my father Guo came to Johor Bahru from Fuzhou, China, and worked in Dongsheng Company, which specializes in rice, soybean and sugar business operated by my brother. Since then, he has entered the business world. In just a few years after World War II, the Guo family business has developed rapidly and become a famous rich family in Johor and even Malaysia.
Guo Henian has been very clever since he was a child. After his father Guo died, he was promoted to take over the family business. At that time, he was only 25. In order to further develop her career, Guo Henian made a special trip to Britain to do market research and learn business knowledge. After returning to China, Guo Henian focused on sugar industry and founded the first Malaysian sugar factory.
1968, Guo Henian established the flagship company Glass City for planting, and planted a large number of sugarcane for the raw materials of sugar factories. Two years later, before the world sugar price rose, he bought sugar and invested in sugar futures on a large scale in the international market.
So far, by the 1970s, Guo Enterprise Group controlled about 10% of the160,000 tons of sugar listed in the international market every year. In the sugar market in Malaysia, Guo enterprises account for 80% of the total.
A growing business empire
After gaining the dominant position in the sugar market, Guo Henian began to diversify its operations except flour and shipping. In addition to his leading position in the insurance industry, his other well-known investment is the hotel industry.
197 1 year, Guo Henian Investment 1 billion ringgit established the first Shangri-La Hotel in Singapore. After that, it established bases in capitals and big cities, and gradually became a local indicator hotel group.
Under the careful management of Guo Henian, Shangri-La Hotel has rapidly developed into a multinational hotel network, mainly distributed in Chinese mainland, Hongkong, Cambodia, India, Myanmar, the Philippines, Qatar and Sri Lanka. It is not only regarded as the best hotel management group in the world, but also the only hotel brand recognized by Chinese community in the world.
To build a business kingdom, diligence and wisdom account for 90%.
Guo Henian: "When I was a child learning Chinese, there was a famous proverb' Failure is the mother of success'. This is also a famous saying often quoted by Sun Yat-sen. However, I like to say the other way around, that is, "success is the reason for failure. "Because success will lead to greater greed and ambition, which may lead to the collapse of a group." Therefore, he is cautious in everything.
In addition to his extraordinary vision and courage, Guo Henian's excellent communication skills, making friends with political and business elites and knowing how to introduce strategic business partners are also factors of his success. Guo Henian's mother often advised him when he was alive that he should take the moral road in business and not pursue material things when making money.
A Chinese-American scholar who has been engaged in the study of Guo Henian's business ethics for a long time analyzed in an article that Guo Henian is an ingenious businessman, and he seems to be not good at talking, which is exactly the way to succeed in his business ethics. He is bold and far-sighted, says less and does more, and is an entrepreneur with strong execution.
For this generation, Guo Henian is an unparalleled giant, not only a material wealth, but also an entrepreneurial wealth.