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Excerpts from classic quotes by Wanda Group Chairman Wang Jianlin

Born in 1954 in Sichuan, chairman of Dalian Wanda Group, representative of the 17th National Congress of the Communist Party of China, member of the Standing Committee of the 11th National Committee of the Chinese People’s Political Consultative Conference, vice chairman of the 11th All-China Federation of Industry and Commerce, and currently the China Private Chamber of Commerce Vice President, Vice President of China Enterprise Confederation, China Entrepreneurs Association, Vice President of China Business Federation, Vice President of China Charity Federation. On January 21, 20xx, he was elected as the consultant of the 10th Chinese Football Association.

Selected classic quotations from Wang Jianlin:

1. In the future, when people evaluate me and think that I am a true social entrepreneur, I will be very satisfied. The so-called social entrepreneur is one who regards social contribution as his first responsibility and strives to implement these standards. This is what I pursue. The most advanced evaluation of entrepreneurs in the West is social entrepreneurs. For example, Bill Gates and Buffett make a lot of money, but the ultimate purpose of making money is to donate it to society.

2. I don’t think it’s necessary to say that my brain is broken. From a dialectical point of view, the bottom is the climb to the starting point. It is at rock bottom that support is most needed. I am definitely not a savior, I am just an entrepreneur who has not completely lost his sense of responsibility and enthusiasm. The decline of Chinese football has been a process for more than ten years, and it is not easy to get back up in two or three years. I think whether football can go up, I think, does not depend on the current group, but in the future.

3. When asked whether he will continue to support football after three years of contract cooperation, Wang Jianlin said: It depends on the performance of the Football Association. Whether they will be supported in three years will depend on their work performance in the past three years. It mainly depends on two points. First, whether the number of young people playing football has increased rapidly. Secondly, look at the attendance rate of the Chinese Super League and whether the public's enthusiasm for football has increased. I don’t look at the competitive level of football at all. If people from the General Administration of Sports and the Football Association still think that their main job is to focus on the national team and competitive football, they are totally wrong.

4. I announced that 90% of my property will be donated to a fund, just hoping to set a demonstration. China's current enterprises may be lacking in this aspect. I hope Chinese companies will develop like American companies. 93% of charitable donations in the United States come from the private sector, businesses and individuals, and China is not doing well in this area. Social donation in the United States is equivalent to 3% to 4% of the annual GDP. In China, it is only about 0.5% of the GDP, and the annual social donation is less than one thousandth of the GDP.

5. Doing commercial real estate is not just about imitating and copying other people’s projects and models. Last month, someone asked me a question and asked me to summarize Wanda’s successful experience in one sentence. I thought about it for a while, and to summarize Wanda’s success, it is the continuous exploration and innovation of business models.

6. If you want to succeed, if you want to be ahead of others or prevent others from catching up with you, you must innovate. In operations, the most important thing is the innovation of operating models and business models. Only innovation can form the most distinctive core competitiveness.

7. I think this is an insult. Abu and I are not on the same level at all. Abu is a nouveau riche who made his fortune by cutting off state-owned assets. My wealth is entirely based on the money Wanda earned in the competitive market environment. Secondly, in terms of moral character, he is far worse than me. He spends all his time living and drinking. From a financial perspective, I still don’t know who has more money than him or me.

8. According to my analysis, China’s real estate systemic risks will definitely explode in about five years. I only hope to give Wanda another two years. By then, Wanda’s opening properties will With an area of ??more than 10 million square meters, the rental income can reach approximately 6 to 7 billion. In this way, even if systemic risks do come, these incomes will be enough to ensure our food and interest payments.

9. There are now 50 projects waiting in line. How can I accept a project that still requires bidding? I have a very good mentality now. Just like Chairman Mao said, don’t care about one city or one project. Even if there is a piece of land that is very good and I want it, if the government does not promise to give me a suitable price, I will not go. Anyway, Wanda now has the ability to drive it anywhere, and it can be popular wherever it is opened.

10. I love football and business, but I cannot have both, and it is painful to make such a choice. From the bottom of my heart, I don’t want to quit.

11. The greatest success of Chinese professional football is to bring fans back to the football field and start the industrialization of football. But the biggest mistake (in my personal opinion) is precisely that professionalism is not solved well. What is professionalism? The club should be turned into an enterprise that is responsible for its own profits and losses, self-improvement and self-development. With this complete model, the club can support itself and develop in a virtuous cycle. To evaluate whether professionalism is good or bad cannot be based on whether it will enter the Olympics or the World Cup. The improvement of the level of professional football is a qualitative improvement, not a success once you enter. I dare to assert that if the current system does not change, there will be no club that can support itself within ten years.

12. I started paying attention to public welfare very early. After Wanda accumulated a certain amount of wealth, I have been thinking about how to make good use of it. Personally, I don’t have high desires for food or clothing. Giving back money to society is the best choice.

13. Now may be the best time to buy a house, because national policies are now helping you. If you don’t buy now, you will suffer even more losses when there is some recovery growth next year, so it is more appropriate to buy now. Look at the CpI in the United States and the CpI in the United Kingdom, which have set the highest records in recent years. This shows that inflation is a global problem. It is difficult for China to suppress inflation. This kind of inflation will be reflected in the value of all commodities. Price included. If it is not investment or speculation, for those who really have a rigid need for housing, the end of this year or the beginning of next year should be the most suitable time to buy a house.

14. Only by performing counter-cyclical operations can you obtain extraordinary profits, which means you need to think reversely. There is an old saying in the Northeast that a fool should look at his neighbors during the Chinese New Year, that is, do whatever others do. If others invest, you invest, if others buy shares, you buy shares, if others sell, you sell, if others don’t invest, you don’t invest, then your company can only earn normal or even low profits, and it is impossible to achieve extraordinary development. If you want to obtain excess profits, you must operate counter-cyclically. That is to say, when others think it is not good, if you think the investment opportunity is real, you must dare to enter the market; on the contrary, when everyone is crowding this one-plank bridge, you need to be more vigilant. Therefore, there is a saying that excellent companies should prepare for bad times when they are good, and make good arrangements for bad times.

15. One is that private enterprises themselves should absorb more students for employment, and do not completely consider it. cost. Because most private enterprises are not in monopoly industries, and many are not in high-tech industries, but are intensive and service-oriented enterprises, they may consider costs more. Therefore, private enterprises themselves should consider less about costs and more about employment issues when recruiting college students for employment. Secondly, college students should change their employment concepts. Today's college students are no longer in the past when they were assigned jobs or were favored by heaven. College students should broaden their employment concepts. They do not necessarily have to go to the government, public institutions, or private enterprises to find employment. This way, the employment paths will be wider. Excerpts from classic quotes by Liu Yonghao, Chairman of New Hope Group

Liu Yonghao, Han nationality, is from Chengdu, Sichuan Province. Born in September 1951, with college education and senior engineer, he is currently the chairman of New Hope Group, vice chairman of China Minsheng Bank, and a representative of the 12th National People's Congress.

Liu Yonghao’s classic quotations:

Some people say I am conservative, but others say I am radical. In fact, I just hope that my company can always live healthily.

For a person, when money can meet his life needs, money is no longer the most important thing. The most important thing is to be respected by others and recognized by society. The joy of having billions of wealth is the same as the joy of a sweet potato harvest.

Today’s entrepreneurs must have lofty ideals and ambitions, and learn to break down and simplify lofty goals into specific things. Because it is much better to overcome difficulties one by one than to face a lot of difficulties at once.

The pursuit of profit is an issue that every entrepreneur must consider. But for every entrepreneur, making money is not wishful thinking.

Most of the mistakes farmers make are due to ignorance and lack of understanding of food safety science; the cost of educating them is too high. The best way is to unite the more than 200 million individual farmers who provide meat, eggs and milk, follow the path of modern large-scale agriculture and animal husbandry, improve the industrial chain, and make food safety easy to ensure and traceable.

For me, after more than 20 years of training, it does not matter how much wealth I have. What is important is that I have the ability to create this wealth! If my business has nothing, my All the wealth has disappeared, but my confidence is still there, my knowledge is still there, my experience and ability are still there, and I can start all over again.

Any enterprise will have a life cycle. It is impossible to imagine that the life cycle of an enterprise is 10,000 years. The best companies in the world have only been around for a few hundred years, which is incredible! Because the changes have been too great, what we have to do is to do it better, stronger, and for a longer period of time as much as possible in the limited time. Some.

There is no absolute standard for success. Many companies have said that we will become a Fortune 500 company within a few years. I have heard many such words. However, there are no companies that say this now. The more you want to reach the top 500 companies in the world, the faster you will fall. If you do not work down-to-earth towards this goal, you will often lay the foundation for failure, and the possibility of failure will be greater.

Running a business is like an island survival game in a variety show. Some people were afraid of hardship and fell down; some people walked on the canoe but did not step on it properly and fell down; some people could not run at the critical moment and were eaten by tigers and lions. In short, competition is like this, and the rules of the game of survival of the fittest are clear, so you should be mentally prepared in this way. There was no regret in falling down, because he knew he couldn't hold on.

Everyone, whether in China, the United States, or Europe, whether you have black skin, yellow skin, or white skin, is destined to live within a hundred years. Since you know that you will be gone a hundred years after you are born, what is the value of your life? It lies in the process.

Classic quotes from Geely Group Chairman Li Shufu

Li Shufu is currently the chairman of Geely Group. He is an economist, a representative of the Taizhou Municipal People’s Congress, and a member of the National Committee of the Chinese People’s Political Consultative Conference. Li Shufu started from scratch and founded Geely Group.

1. Please allow private enterprises to try boldly and allow them to dream of cars. For billions of investments, we do not need a penny from the state or borrow a penny from banks. Private enterprises are responsible for all costs. Don’t The country bears the risk, please give us a chance to fail!

2. In order to obtain the right to produce automobiles, Li Shufu told the leaders of the national automobile authority.

3. What is innovation? It means that others are against you but you still insist on doing it. If you agree with everyone else, is this called innovation?

4. There is nothing mysterious about building a car. It is nothing more than four wheels, a steering wheel, and an engine. The world's automobile industry has formed very mature technologies that can be used by me. As long as you have money, you can buy technology, buy spare parts, hire people, and design good products. When we built two-wheeled motorcycles in the past, didn't no one believe we could do it? What about the reality? Not only did we do it, but we did it very well.

5. I have made up my mind. I take full responsibility. Even if I lose everything and lose my head, I will still work for General Motors. Ford will close down sooner or later! In 100 years, people can buy their own parts to assemble cars. , it is as easy as now for individuals to assemble computers. How could General Motors and Ford not close their doors by then?

6. The most terrifying thing about this society is that it has no desire and no individuality. This is a progressive society and a developing country that allows people to have individuality, constantly improve their desires, and constantly have their own new pursuits. Only in this way can we develop. If I don't show off, I don't have individuality, I don't know what Geely Group will do today< /p>

7. Joint ventures are like tempting us to smoke opium. Whoever holds the brand, who holds the core technology, and whoever has the initiative has the initiative.

8. Let Chinese cars go to the whole world, instead of letting the world’s cars run all over China.

9. The profit of a Bentley car is about 80%. In other words, after selling for 6 million yuan, the tax is more than 2 million yuan, and there is still more than 3 million yuan. After excluding the cost of more than 1 million yuan, he has a profit of more than 2 million yuan. I think this is a concept, and the actual thing users buy is only more than 1 million yuan.

10. The leading Geely acquisition project team had just flown back to Beijing from Sweden before the press conference. The journey was dusty, but there was always a smile on their face, and they could hardly tell they were tired. Regarding future planning projects, Li Shufu already has a plan in mind.

11. Geely is Geely, and Volvo is Volvo. Geely does not produce Volvo, and Volvo does not produce Geely. Geely and Volvo are brothers, not father and son.

12. Geely’s agreement to acquire Volvo*** has more than 10,000 pages. I wonder how Geely promised to Volvo? Li Shufu told us that Volvo’s problem is that it is too small. Geely We need to help her expand scale, increase production, and turn losses into profits within two years.

13. Why should it be sold to Geely? Because Geely has been studying Volvo for more than eight years and has officially discussed and communicated with Ford for nearly three years. It has a deep understanding of Volvo as a company and the automotive industry. The company's understanding of Ford's ideas, Geely's core values ??as a company, etc. are all important factors for Ford to choose Volvo as its new owner.

14. I once evaluated myself as saying that my biggest shortcoming is that my personality is too strong and not gentle at all. At the press conference, he flatly refused to answer questions that he was unwilling to answer.

15. I can’t answer either of the two questions you asked. (Laughter) Because as I just said, we only discuss the previous episode and not the next one. This matter is divided into two episodes. The first episode is the acquisition and the second episode is the implementation, so we will not discuss the implementation.

16. It is true that as everyone said, there are more failures than successes. So the question is, is it over for zg companies to go global or should they continue to try? Geely's acquisition of Volvo project is also a new practice And exploration, I can't guarantee you that it will be successful now, but I can tell you that we are full of confidence in this project.

17. The first thing everyone is concerned about is the issue of money. Buying Volvo Car Company is not something you can buy with money, nor can you buy it without money, so money is not important.

18. Geely spent US$1.8 billion to "marry" Volvo back home. After calculation, the working capital for subsequent operations will still need US$900 million. In other words, Geely will spend one *** It took US$2.7 billion to finally complete the acquisition, but Li Shufu said easily that "money is not important." So where do these funds come from? To put it simply, half comes from domestic and half comes from abroad. For the domestic part, Geely paid more than 51% of the funds itself, and part of it was acquisition or merger funds raised from domestic sovereign banks. The funds obtained from overseas financing came from the United States, Europe, Hong Kong and other places.

19. Geely has to spend so much money to buy a world-class luxury car company. Without the support of intellectual property rights, the purchased company is pale and powerless. Therefore, in terms of the content of intellectual property rights, , we care about every detail.

20. What Geely buys now is 100% of the Volvo sedan trademark. Regarding the brand, it is not 50%. Here, we need to make it clear to people around the world who care about the Volvo brand. The relationship between Geely and Volvo is that of brothers, not father and son. Excerpts from classic quotes by Chen Yizhou, Chairman of Thousand Oaks Interactive Group

Chen Yizhou graduated from the Massachusetts Institute of Technology in the United States and is the Chairman and CEO of Thousand Oaks Interactive Group. In December 20xx, Thousand Oaks Interactive changed its name to Renren. The English name is: Renren Inc. Renren owns China's largest real-name SNS website Renren, business community Jingwei.com, China's first real-name car Q&A website Chewen.com, and Renren Games, the country's first and largest independent developer and operator of web games. On May 4, 20xx, Renren was listed on the New York Stock Exchange.

Chen Yizhou’s classic quotations:

Young entrepreneurs, always remember that when you are running happily, the old comrades of the first generation of Internet are so bright and energetic. The big eyes that never get tired are staring at you. Knowing this, you will run faster, which is a good thing.

You must know that if you want to do something for a long time, it cannot grow too fast. It’s not your turn to do things that grow quickly and last for a long time. Others must have done it long ago. Pies have never been dropped from the sky, and they have never fallen on my head. It took me a long time to catch each one, and it was not a pie, but a small soup dumpling.

If you ask what I think of the Internet industry, I think it is a process of ups and downs and gradual rise. Just like boiling soup, one place will swell and another place will swell, and the water level will gradually rise. The bubble ten years ago will definitely be different from the bubble ten years later.

To generate a new value of one dollar, you need to kill the old value of ten dollars. This is a negative sum thing, not a zero-sum game. Of course, this is a pessimistic view. The optimistic view is that losing one dollar of old value will generate one dollar of new value, and total consumption will increase, but the net profit will not be too much.

Success is like a baseball flying at the speed of light in front of a baseball player. It is difficult to hit it; failure is like a balloon that slowly floats in front of you all day long. It is easy to recognize and hit. If you focus on balloons and shoot out all the balloons, the rest will be baseballs. No matter how bad you are, if you keep hitting them, one day a certain baseball will be hit by you.

There are two ways for an entrepreneur to increase the probability of success: one is to continuously do the right things to increase the success rate, and the other is to avoid wrong things to reduce the failure rate. Since success is difficult, rather than forcibly increasing the probability of a small probability event, sometimes it is better to reduce the possibility of failure.

Success is a rare event and does not come easily. After achieving a stage victory, it is especially easy to make mistakes when judging the market and the company's own capabilities. At this time, you must keep your tail between your legs and never be complacent, because when you win, failure is waiting for you not far away.

The first condition for success is persistence. To be successful, you have to leave your competitors behind, and this point sometimes depends on time. Waiting for others to become impatient, unable to persevere, and get into trouble, and then find something else, bigger, more powerful. If you go to the fashionable field, then you are likely to be the winner who sticks to it until the end.