The Truth Behind A Woman Earning 2 Billion 200 Million
May 22, 2014, New York, USA.
The damp and cold weather could not keep up the warm and joyous atmosphere in Times Square.
NASDAQ ushered in the 118th IPO.
Jingdong group
。
One morning, a figure in a purple coat and a pearl necklace appeared especially in a group of black suits.
This is the first investor of Jingdong -- the founder of today's capital.
Xu Xin
。
On the day of listing, Jingdong's closing price was 20.90 US dollars, up 10% from the issue price, and its market value reached US $28 billion 600 million.
Today, capital holds 7.8% of Jingdong's shares. According to this calculation, Xu Xin made a huge profit of 2 billion 200 million dollars in the listing of Jingdong.
By the end of 7, the share price of Jingdong had risen to $40 billion, and it has made nearly $3 billion in capital today.
In 1988, Xu Xin graduated from the Department of foreign languages of Nanjing University. He founded the capital group in 2005 years ago. He has led and participated in the investment of NetEase, China talent network, Jingdong mall, public comment network and Ganji network.
Of the entrepreneurs she invested, 4 had become Forbes's former 100 richest men.
At the commencement ceremony of Nanjing University in 2014, Xu Xin attended the ceremony as an alumni and delivered a speech. He talked about the three critical choices in his life and shared some experiences of his life experience.
After the hard beginning, today's capital has finally grown up. Xu Xin has also become chr (34) China's ten best venture investor Chr (34), and passion, dedication and example are the three Chr (34) success packages she gave to young people Chr (34).
The following is Xu Xin's speech at the 2014 graduation ceremony of Nanjing University:
I am an ordinary southern university girl. Today I am very fortunate to be able to stand here and share my story with you because I have made several key choices in my life.
Our life is made up of a series of important choices. Our choices determine our life.
I remember that my first major choice was when I graduated from junior high school, when I was in a factory run school, the rate of college entrance examination was zero every year. At that time, there were three choices for junior high school graduates: one is to go to technical schools, one is to go to secondary technical schools, and another is to go to key high schools.
At that time, we were 50 in a class, and my ranking was around 25. In fact, it was not possible to enter a key high school.
The three little sisters who grew up with me enrolled in the technical school. My mother also said Chr (34) why didn't you go to the technical school? There was a salary of 5 yuan per month for 16, and Chr! (34).
At that time, my father was very supportive of me. I got a tutor to give me a small lesson to make up lessons, and soon began to make up for it. The neighbors who didn't make up lessons with me did not learn well, so I tasted the sweetness and increased my grades.
At that time, the three little sisters who grew up with me were all very smart and capable, but they chose to go to technical school. Later, when they worked as a worker and did not take the university entrance examination, the watershed of life began with the choice of graduating from junior high school.
My second major choice was after I graduated from Bank of China, Nanjing University, I was assigned to the Bank of China as a counter salesperson. I did a very simple Chr (34) registration, photocopy, seal Chr (34) three steps.
But I was not discouraged, so I worked very hard every day, and I did all the work in the day. I won the lottery. The bank knowledge Grand Prix took the first place. When I was a 38 red flag operator, when I was a branch secretary, after three years of doing this, I felt that all the honors were already there, but I was not making progress. I was very unhappy with the state. I used to ride to work every day to go through the right anmen overpass, and the bridge was repaired for a long time. I secretly swear in my heart that my life must be changed before the bridge is repaired.
Perhaps because of this kind of ambition and excellent performance, the opportunity really came to me: the Chinese government and the British government jointly helped China cultivate the British CPA, and the Bank of China awarded me a place to take the entrance examination. I studied English, but I had to study accounting with the master and doctor of accounting. At that time, I did not understand accounting at all. I memorized the whole book. I remember the day before the exam, I suddenly felt a blank mind, and I had forgotten everything.
I don't understand accounting, but I know English. Those accountants know that accountants do not understand English, but the examination paper was in English, and I got confused in the examination. I was sent to Hongkong for my three years' training.
I am thinking, if I hadn't been motivated and had been running for the League branch secretary and competing for the 38 red flag, would the Bank of China give me the chance?
In 1992, I was lucky enough to go to Hongkong to work in Pu Hua. When I first arrived in Hongkong, I didn't speak Cantonese. I didn't know much about accounting.
At that time, we had to fill in the timetable for what we did every hour. It was very helpless and useless to look at my blank schedule every day after work.
I often sit in a big house, pparent glass, and other colleagues are all ordered to leave one o'clock at a time, so I stay there, no one clock, and I feel very stressed.
Later, I was very anxious to find the Japanese project manager. I told him: Chr (34), I can not speak Cantonese, your Japanese customers do not speak Cantonese, we speak English Chr (34), so I slowly have a project to do, and from then on I have filled time tables.
In the three years of my work in Pu Hua, I was the biggest three years of my progress. I learned not only to work hard but also to work hard.
In those three years, I spent my spare time in reviewing my exams, finished my 18 examination in three years, passed the CPA examination in England, and finally caught up with my colleagues in Hongkong.
My third major choice was to invest in China Talent Network to create today's capital.
In 2009, I invested in the Chinese elite network. When I became chairman, my husband and I were two people. bankers was very casual. He spent the weekend playing golf and watching movies. He went to Europe for 2 times every year. But since the start of the business, we both worked every weekend, and two people were often speechless. He was worried about his company. I was worried that my company would burn out the money and lose wages. It seemed that there was a sword hanging on the head, and it would fall down at any time.
When you have to deposit your savings in your home to pay wages to hundreds of employees, you are in a bit of a panic.
The biggest pressure of entrepreneurs is that you have answers to all questions, but sometimes you don't know where the answer is.
But you have to put your head to the staff to say that bread will be there, milk will be there, everything will be there.
So I have always felt that entrepreneurs are the most courageous people in the world, and the people I respect most, because failure is inevitable and success is accidental.
They must be vision people. They can see what others can't see. They must be strong hearts, because they can withstand the pressure that others can't bear.
They are also a group of people who have dreams. They are not for fame or gain, but for the sense of accomplishment of passion to win. They are the people who change the world.
My job is to deal with such entrepreneurs every day, so I am very happy that I go to work every day on foot, and I am learning progress every day. I found my passion, that is investment.
From my growing experience, I want to share with you three experiences:
First, you need to have Passion To Win.
You need passion, you want to win.
You have to find a job you like and work you love.
A person's life is very long, and his working hours are very long. If you don't want to go to work every morning, you must be unhappy. Then you should look for a job that you can enjoy.
Some students say that I don't know what my job is like, so you should keep looking, keep looking for it, your inspiration can come from a lot of reading, especially biography, make smart people, have experienced people, and often chat with them; you can also try different things to see if you like it.
In a word, as long as you study every day, progress every day, believe that one day is measured to the quality of change, you will be in the heart and find the feeling, that is the work that you love.
Second, if you want focus, you need to focus and accumulate ten thousand hours.
Human intelligence is not very different. Superman's intelligence and achievement come from concentration.
each
Successful person
He worked hard for many years in his industry and accumulated ten thousand hours.
What is the concept of "ten thousand hours"? That is to insist on doing one thing every day, 4 hours a day, 5 days a week, and sticking to 10 years is ten thousand hours.
I work 14 hours a day, 20 years, and have accumulated thirty thousand hours.
If my investment is a little bit successful, it's because I have accumulated thirty thousand hours. I think I can go to 80 years old and come back for thirty thousand hours! Bill, Gates, and Buffett are good friends. Bill Gates once asked them to describe the main reason for their success by using a key word. They opened the two of them with the same word: Focus - that is focus!
Third, you'd better find an example of life -- role model.
My example is Buffett. I read Buffett's book and his letter to shareholders, like reading the Bible, every day.
Reading his book is like talking with an old friend. Great minds think alike.
Buffett reads 5 hours and 2 hours a day with smart people. Buffett, 84 years old, works every day. He and his investment entrepreneurs become lifelong friends. He enjoys his job and enjoys every day. This is the life I want.
The power of example is enormous. It allows you to see the road ahead and let you no longer be afraid of loneliness, leaving you unmoved and making progress every day.
I remember when I was studying in NANDA, there was a cool black female teacher. She was a teacher who taught us black literature. Her name was Donald.
The first day she came into our classroom, she wrote a few words on the blackboard, which I never heard before, and the biggest shock I have ever heard.
Today, I also want to give you what she said.
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