The Tragedy Of The President Of Fortune Knows No Business

50 years old, CEO, two words together should be linked to experience, resources and success.

However, this 50 year old CEO has been linked with failure, Predicament and desolation after starting his own business.

Little imagine, many senior managers in the workplace are escaping from the fire, rather than choosing hope.

Tragedy is doomed.

On many occasions, you will hear those speaking masters clamoring: "entrepreneurship is not age size!"

Then, one or two elderly successful cases were cited.

But have you ever thought that these successful people are only 1/10000!

Someone jokes that the probability of winning the lottery is even lower than the probability that you can walk on the street and meet the birds.

So, I tell you: when you are 50 years old to start a business, the probability of success is much lower than the probability of winning the lottery.

Because 50 is the age of knowing destiny.

However, some people do not know their fate, do not believe in evil, and start business at this age.

In the end, it was just the denominator of the winner.

No, in the cold winter of 2006, in a cold tea shop, Mr. W, who was sitting in front of me, was one of them. He started his business in the year of knowing fate, but he failed for 18 months.

Starting a business not only made him look 10 years old, but also almost eliminated all his edges and corners - almost everything could be heard, as if he had gone to his ears.

In fact, the time taken away is not only youth and wealth, but also more...

In the past 20 years, I have learned about his whole life experience, entrepreneurial motivation and general entrepreneurial process.

W Zhang, born in 1955, was admitted to university in 1978.

After graduating from University for two years, she became a graduate student in a prestigious university. In 1986, she entered a famous university as a teacher and became Vice President in 1990.

Young and promising, brilliant and promising.

However, he later met a famous real estate owner, and his career direction shifted. Two years later, he was told by the boss that he was the vice president of the company, and was directly responsible for the very large and well-known project at that time.

In fact, he did a good job.

Three or four years later, the boss went in, and he jumped to another Real Estate Company to be the general manager.

Then he skipped two times and served as general manager.

At the end of 2002, he turned to a real estate group as CEO and did a good job.

20 years of career life is a continuous highlight: in the University, only 5 years have taken the lead position; at the same time, the sea has entered the industry with the highest degree of social concern, and has become a senior manager; the 500 thousand annual salary can be described as one in a million.

At the age of 50, he became a businessman, but in May 2005, when he was 50, he resigned and started a real estate investment consulting company.

In October 2006, enterprises closed down and went bankrupt.

It was 18 months before and after.

Why did he quit his job and start his own business?

From the chat, the main reason is: the boss promised him: after the resale of an office building is resale, 2% of the gross profit will be extracted to him.

He ran the office for about a year and a half, with a price difference of about 60 million, but the boss's initial commitment was unfulfilled.

The reason for the boss is that 20 million of the tail money has not been recovered, and so on.

At the same time, the boss said, "the purchase price of office buildings is 3 hundred million, and the selling price is 360 million. How much is the cost of this 3 hundred million?

The implication is that the project is lost.

"I made 60 million to my boss, not only to make promises but not to say a word. Instead, I criticized the project.

Once angry, I quit.

W Zhang is very calm in describing the passage, but he is expected to blow up when he resign.

In the 18 months of the year, W has been contacted by friends for a lot of real estate consulting projects, but most of them are free of charge.

Because the industry is not standardized, the four or five projects signed are only a few parts of the previous period, and those are tens of thousands of yuan, even the most basic cost is not enough.

In order to make money, W Zhang contacted a Real Estate Company in Shanxi for real estate sales and organized a sales team of nearly 20 people. The sale of real estate was good, and the contract Commission was about 3000000.

However, there was a total of about one hundred thousand yuan back and forth, and the wages of the employees were not enough. There were various management costs, financial costs, and so on.

As a result, the company has been losing money.

When 2 million of the family's foundation was sold out, the sales staff's sales commission had not been opened yet.

The staff members quit.

They said, "selling houses is our business. It's your business to do so.

If we sell the house, you'll have to give us a commission.

As for how you get the money, that's your business.

W Zhang used all kinds of ways to not get back the money, nor could he borrow any money. When he was in a desperate situation, he took nearly 20 salesmen to collectively go to the developer to collect debts.

After a few days of trouble, the developer's boss came up and said, "you asked me for money, and I asked who asked for money?

My property is still less than ten billion, other properties are also stopped because there is no capital.

If you can help me get more than 10 billion dollars and let me start the project immediately, I will give it to you at once.

This is doubtless impossible.

W Zhang, a sales manager, said, "if we don't sue you!

The boss of the developer is happy: "this is a good saying. Welcome to tell me. I am waiting for you. Anyway, I owe much money. I am waiting to be locked up, and there are people who manage meals."

In desperation, W Zhang only owed more than one million royalties to the staff and bankrupt the company.

The staff dispersed, and W Chang began to find jobs again.

60 days of jobless predicament, W Zhang was surprised at the difficulty he had encountered in his job search.

He has never been worried about finding a job in the past. He is chasing himself by companies and headhunters.

But I haven't found the right one for two months.

W Zhang no longer asked the non president to quit, and even the vice president of item company would no longer pursue the past 500 thousand annual salary, or ten thousand of the month. Nor did it require the first tier cities or the two or three tier cities.

However, two months later, nothing was gained.

W Zhang sighed and said, "old, no one wants it.

There are five reasons why W Zhang finds difficulties in his job.

The first is too old.

Senior managers like him are no longer the main force in the job market. They only play the role of plug and fill in market oriented enterprises.

Two is a boss.

Because people who have been bosses are more opinionated and self comparing, which do not meet the needs of business owners.

Three is bad health.

W Zhang has been a boss for 18 months, especially when he is 50 years old.

Four, the boss is young.

The real estate industry started late in China, and there are not many bosses over 50 years old.

I once chatted with a more than 30 year old property owner, and his company almost didn't need older managers.

Five is career experience.

If W Zhang did not start his own business, he would always be a manager.

After looking for it, he put forward his resignation, riding horses, finding horses, finding horses and finding horses faster, cheaper and better.

At the age of 50, the risk of life at the age of two years is staring at his old face and posture. There is an indescribable sadness in my heart.

If he did not start his business, he would continue to be his boss, who had about 2000000 cash in his house, earning hundreds of thousands of dollars a year, retiring in a few years, and how leisurely life would be.

Now, the family is over, over 50 years old, and rushing around to support the family, and finding a job is so difficult.

Even if you find a job, the annual salary can only be reduced year by year, and the cost of living for individuals and families is increasing year by year, so at least 35 years can not think of retirement.

If you don't work, you will have to do it. Otherwise, there will be no guarantee for your life after retirement. After all, social insurance has no connection with business. Commercial insurance is no longer worth losing when it is more than 50 years old.

In short, when a 50 year old entrepreneur fails to start a business, it can't be like a twenty or thirty year old person. He can't continue to practice like a 40 year old person and earn several years of high salary.

50 years old is the high-risk age of starting a business. The risk is that individuals and families can not afford it.

There are two major changes in the career path of W Zhang, the character gene of escaping entrepreneurship.

Why did he have these two great changes in his life?

Big is the pformation of the objective environment of the market.

For the first time, from the leadership position of colleges and universities to the private enterprises, that was the spring breeze after Comrade Xiaoping's South inspection speech. The elite who had been unwilling to step by step were unable to sit down and strip off to sea. The second time was at the turn of the century, because of the difficulty in obtaining employment, all levels of society were encouraging the creation of independent businesses, and many people were driven into the entrepreneurial army by this entrepreneurial venture.

However, external causes must play a role through internal causes.

What is the internal cause?

It is man's character and inner pursuit, and outward expression is a person's culture, that is, how a person wants to live.

This year's second issue of Chinese and foreign management summed up Gu Xiajun, author Deng Bo quoted the German philosopher Schopenhauer's point of view: "no matter how the environment changes, everyone's life from beginning to end has a unified character, everyone's life is like a different theme written on the same theme.

No one can exceed his personality and always limit himself to the narrow sky that God gives him.

The nature of W Zhang determines that he always escapes in a narrow sky he thinks of, rather than expanding the sky.

Because his vision is so narrow.

In fact, many job hopping and entrepreneurship in the workplace are escaping from the fire rather than choosing hope, including senior managers.

For people like W Zhang, the two important switch in the workplace is fleeing: from university leaders to private enterprise managers, because in his opinion, the position of university leaders is the fire of his life; when he resigns from the CEO's position as a small boss, he also thinks his chief executive's position is a fire, and he can't stay for a moment, otherwise he will only job hopping instead of starting a business.

The bad faith of the boss is not the decisive factor.

But it is very revealing.

The exchange of thoughts and disagreements between the boss and his boss has made a deep communication with the 1 million 200 thousand boss.

"How do you see now that two years ago, the boss did not honor the promise of that commission?

Can you understand?

I asked.

W Zhang said: "of course, you can understand that, because I have been a boss for 18 months, I have experienced my failure to fulfill my promise, and for this reason, the sales team still has a long time to go.

They owe their salesmen the money they need to live, but the boss owes them nothing but a royalty that does not affect their well-being.

He said he resigned angrily because his boss broke his promise, and when he was a boss, he failed to fulfill his promise, and the employee was also angry.

In fact, as a boss, almost every day is faced with such helplessness, and more helpless and more...

W Zhang recalled that he was reluctant to start his own business. He thought he was very naive at that time, and the problem was too simple.

At that time, he thought: he earned 60 million of the gross profit for his boss, though he still had 20 million of the final payment, but there was a contract, after all, the matter was made. The boss should reward the Commission. At least, the gross profit of 40 million has already been recovered.

How can we not give it a single child?

Now the boss understands that the boss doesn't give the boss the truth.

The 40 million gross profit may be a loss to the company.

Why should the boss reward the Commission in a state of loss?

At that time, the boss mentioned only 3 hundred and a half years' time cost: if the interest rate was calculated at 10%, the cost of a year and a half of 3 hundred million would be 45 million yuan.

Only 40 million, of course, is a loss.

In fact, as a project of such a large scale, the cost of time is only part of the cost of [FS:PAGE] in a year and a half, and there are more opportunity costs and more unseen costs at the manager level.

If the daily income is compared to the flowers and fruits of a tree and leaves are spent, then even if you go to the president, you will see only flowers and fruits and leaves. As for the branches of flowers, fruits and leaves, you will not see them.

And where are the branches?

The trunk is, of course, and there are roots under the trunk.

The bigger the tree, the deeper and wider the roots.

The cost seen at the manager level is mostly crown, but the cost below the canopy is not seen.

So the income that the general manager sees may be true, but the expenditure is not real. It is only a small part of the leaves. Even the more privileged managers can see branches and trunk at most.

Even finance.