A Billionaire Who Started Business When He Was 47 Years Old

Premier Zhu Rongji said, "you are a successful private entrepreneur.

One day in June 1986, a private bookstore and publishing company in Changsha entered a nearly 100 year old bookseller who was thin and thin. From his heavy Sichuan accent, the manager of the issuing company soon understood his identity and his intention, and then he received hospitality.

The guest is a boss of an educational bookstore in Chongqing. Soon after going to sea, it is also a professional wholesale and private business in two channels. This time in Changsha, it is ready to buy some books and magazines in the famous Wong Nai Street book market and sell them to Chongqing. Knowing that this private book publishing company is a "big shot" in Changsha's book industry, it is also running several popular magazines to the whole country. Therefore, the Chongqing Book owner has made a special trip to visit, one of whom has established ties with Changsha counterparts, and two have bought the magazines that the company sent.

In the same industry, especially in the same industry, especially in the private sector, emotional communication is quickly realized; and the original intention of entrepreneurship, industry development prospects, business skills and other topics, in casual conversation, the guests and the two sides almost all have a sense of mutual concern.

"In front of us, you are at least a senior, an expert!" Knowing that the Chongqing boss was from the sea under the publishing house, the Changsha boss who came from the mechanic came out with an open mind.

"You are still only 30 years old. How young! It is the golden age of the dry business that you can do well. Unfortunately, I am nearly half a hundred years old. " The Chongqing boss is not envious and deeply regretted to the young Changsha colleague.

The conversation that lasted for a long time was quickly interrupted by new and new business contacts. After a short, fat, dark Guangdong businessman walked in the door, the Chongqing boss stood up and said, "keep in touch with each other for a long time."

After the thought came out of the atmosphere of emotional exchange with the boss of Chongqing, the Changsha boss immediately entered the game rules of business negotiations with the Guangdong businessman.

The Guangdong Book owner, surnamed Wu, who wears a big gold ring in each hand, is a famous tycoon in the publishing industry of the national private newspapers and periodicals at that time. He entered the private books and periodicals industry for a long time and was bold and courageous in dealing with business, so he was not only one of the first rich people in China, but also had a reputation in the newly rising nationwide private book publishing industry. Whom he can do business with, he often becomes the glory that the other party boasts.

Although the boss of Changsha book publishing company likes to discuss with her Chongqing boss about the "dry business" vision, the fact that Guangdong's boss brings real money to make money can not make him careless. So when he got up and sent the Chongqing boss to the door of the office, he quickly turned around and welcomed the arrival of Wu boss with a brilliant smile.

The company has ceased to exist, and the young company boss has left the book industry. For many years, the struggle has only brought home life into the well-off society. The dream of career is still unavailable, but the white hair has already been born. But at that time, with three skewed "Wu XX" names, the books and periodicals worth up to millions of books could be compiled from all over the place. So in the nationwide book publishing industry, Wu boss, who was famous for his fame and fortune, went through a series of business failures until something changed. 15 years after that inadvertent time and a brief visit with no major features, the Changsha book, which was once famous throughout the industry, was issued.

However, with the turning of the historical page, the name of the Chongqing Book owner who called himself "old" in Changsha now has a reputation of "Forbes" on the list of China's richest two times.

In 2002 Forbes's list of China's top 100 richest men rose proudly. Although this list is a commercial game that Americans like to play, and not the rich Chinese businessmen who include him actively contend for dental caries, the list of "Forbes" that can enter the top 100 positions of China's top rich is, after all, showing the popularity and wealth of these celebrities.

This unknowingly entered the history of contemporary China, the owner of the former private education and Publishing Society of Chongqing, and the chairman and President of the Lifan Group, China's Chongqing group, which now has more than a billion assets, is known as Yin Mingshan, 65 years old.

In November 8, 2000, chairman Li Peng held an entrepreneur forum in Chongqing. Yin Mingshan was the only private entrepreneur attending the meeting. After the meeting, chairman Li Peng said kindly to Yin: "Yin Mingshan, come over, come over, we'll take a picture alone, to show my support for private entrepreneurs". Chairman Li Peng paid a special visit to Yin Mingshan's Lifan Group in 1997, and he was deeply impressed by the rapid development and growth of the Lifan Group in recent years.

On March 2001, Premier Zhu Rongji of the State Council, in a CPPCC session, gladly praised Yin Mingshan: "you are a successful private entrepreneur!" And commended them at several CPPCC conferences. ?

In addition to the heavy responsibilities of the "boss", Yin Mingshan now has a series of glittering titles on the head: Chongqing CPPCC Standing Committee, CPPCC National Committee member, Chongqing Municipal Association of science and technology enterprises, and vice chairman of Chongqing City Promotion Association. In 2002, he was elected president of the Chongqing Federation of Commerce and industry (General Chamber of Commerce).

The latter title, the president of Chongqing Federation of Commerce and industry (General Chamber of Commerce), is also a concrete manifestation of the sixteen great spirits of the party. Because the president of the Federation of industry and Commerce (the General Chamber of Commerce), which is the three level of the national and provincial and urban levels, has been appointed by the incumbent party and government cadres, not by the bosses of the enterprises. But Yin Mingshan recently took the lead in the national election. Its significance is not only a symbol of social progress, but also a display of Yin Mingshan's personal weight.

Rugged life, hardships, whether jade late?

Before Yin Mingshan started his business at the age of 47, what did he have to do with career success before he dug the first barrel of his career?

He told a magazine reporter that, as early as fifty years ago, I started my first business trip.

Yin Mingshan was born in a small landlord's home in Fuling, Chongqing. In 1950, at the age of 12, he and his more than 50 year old little foot mother were "moved" to a abandoned thatched cottage on the top of a barren hill.

Physical strength is not enough to grow grain, and only rely on intelligence to support family life. He decides to "do business": borrow five cents from a well intentioned person, walk to town, wholesale the money into needles, and then return to the countryside and peddle along the village. Five cents a day can sell a needle for more than one yuan, earn every day, buy enough rice and then save up as "mobile capital". A few months later, he was rich enough to have several dollars.

Yin Mingshan said: the most memorable thing is that by selling needles, I even learned how to call and borrow money today.

"I sold my needles in the countryside, got the money, and then went to Chongqing to buy the goods; a young acquaintance sold eggs, first bought eggs in the countryside, then shipped them to Chongqing to sell them. I took the initiative to talk with him about the way of financing: the funds of the two of us could be used together. Every penny I sold in the country was sold to you to buy eggs. You can buy more eggs for more than a few dollars. When you sell the eggs to Chongqing, you can give me the money, so I can buy more needles. Now, this is actually a very successful capital operation, and I was only 12 years old. "

12 year old children have to "do business", rather than Yin Mingshan's intelligence and ability, rather than Yin Mingshan's hardship in his youth. Although the hardships at that time did not necessarily constitute the inevitable prerequisite for today's brilliance, Yin Mingshan, who had become a "poor child", had to rush to experience his livelihood, but he doubtless forged an indispensable quality for his later bloomer.

Business has been done for over a year, making more than ten yuan. He gave all his money to his mother and went to school in Chongqing with bare hands.

He enrolled in a public middle school and received a stipend for his excellent performance.

Fate first picked him up. Once he entered the classroom, he became the most outstanding student here. The academic record is on the rise. Soon after entering the school, the whole geography textbook can be recaped. In the first semester of senior high school, the mathematics problem of the whole senior high school is solved; the textbook of university mathematics is completed in the second half, and the top two problems in Chinese mathematics are solved in senior middle school.

In order to "all-round development", he also deliberately worked hard in other areas. In middle school, he could publish articles in newspapers; he taught himself music, composing music, wrote many praises for his classmates; he was interested in sports theory and had a natural interest in the deployment of soldiers; at the age of 18, he became a Chongqing middle basketball coach and led the team to win the championship in one fell swoop.

Just as he was slightly pleased, fate overthrew him.

In the spring of 1958, in the spring of anti rightist review, he was kicked out of school in the three grade of high school because he was exposed to "rightist remarks"; in 1961 he went up to "counter revolution" and was assigned to the plastic factory to supervise labor. Since then, after more than 20 years of "ghosts and ghosts", friends have turned their eyes off, lovers have broken off, and progress has been hopeless every year.