The Worst Performing Ten Entrepreneurs

When the king is defeated, it suddenly comes to an end.

Some of the last year's amazing people have been mercilessly pulled down this year, and the obscure low-key people may have suddenly appreciated the public's view because of the sudden appreciation of their wealth and wealth.

The market is like a battlefield, life is like drama.

The best and the worst entrepreneurs of manager in 2006 are showing the truth.

10 performance is the worst, entrepreneur NO.1 NO.1 Sun Hongbin position: Shun Chi China Chairman of the board of directors: the company's top 2 billion factors: business performance, news focus, personal value, key events: Shun Chi China easy to master, strategic "contraction"; personal wealth quickly shrank to $5 9 month, 5, and Shunchi China's share pfer to Hongkong Lu Jin infrastructure company shows the tragic outcome of Shun Chi's "myth".

Even though Sun Hongbin was not a man of great ambition, he easily fell into the "cash flow land cash flow" mode, and blindly brought the fatal "three high" blindly: "high land cost, high labor cost and high financial cost".

The company, who once shouted "Vanke, became the national NO.1", failed to surpass itself in the end.

Shun Chi's corporate governance structure, enterprise development plan, organization and project management and control mode and rules and regulations, there are many problems.

In January this year, Vanke chairman Wang Shi warned: "Shunchi's dark horse is a black sheep that breaks the rules of industry competition."

Business is about rules.

Shunchi's chain of funds has been questioned for a long time, but Sun Hongbin, who is full of ambition, is very clear every time. "Capital is definitely not the bottleneck of Shunchi".

Good government relations and bank relations are one of the reasons why Sun Hongbin is so confident about the funding problem.

In today's eyes, this relationship is actually a double-edged sword. When it is complacent, it adds flowers to you. When frustrated, it can also drive you to a dead end.

It is the safest to control the risk.

NO.2 Yan Jiehe Yan Jiehe position: the Pacific construction, the chairman of the chairman of the business group: the corporate performance, the news focus, the personal value, and the Huaxia Bank, the Pacific collapse theory, and the sharp "shrinking" of personal wealth in the "BT model", famous in the "wealth list", and the red fire in "good talk show speech and like talking big talk".

Now, the 9 banks are working together to borrow money, and Yan Jiehe's classic rich mode is difficult to sustain.

Because 40 million of the secured loans had not yet been returned, Yan Jiehe became the first well-known rich in China to start the "deterrent mechanism" by the court.

The painful lesson of the company is that the operation mode of "BT+ zero assets acquisition of state assets" which once made Yan Jiehe very proud of the market rules has not only made him the glory of the 2005 Hurun rich list but also created the embarrassment that he faced with the bank's debt.

Yan Jiehe's main problem is that he does not realize that the rapid expansion and expansion of the enterprise are hidden behind great risks and uncertainties.

BT mode is the use of government credit and banks, as well as downstream enterprises to maintain the survival and development of enterprises. The capital chain is tightly linked.

When we encounter a crisis, we must remember that in the end, we must rely on ourselves.

There is neither the immortal nor the Savior.

This sentence is Yan's famous saying.

What Yan Jiehe should be more clear is that in any case, the market has its own rules, and any enterprise must operate in accordance with the laws of the market.

What is the rapid growth of private enterprises under the market economy?

The lesson of Yan Jiehe is a wake-up call for all Chinese private entrepreneurs.

NO.3 Robin Li's position: Baidu's chief executive officer: the social responsibility, business performance, news focus, key events: the "layoffs" storm; frequent high-level changes; overtime employee victimization; downloading copyright litigation, false click criticisms, celestial litigation whirlpool, no one can expect that Baidu, which turned red last year, has slipped to the worst performance this year.

From the layoffs to the dispute with the polar network, Liang Dong pferred and Liu Jianguo left.

In 2006, Baidu's negative news continued.

Robin Li once declared: "I know basically what happens to a technology company."

But he obviously did not expect that the ES employees of the "tens of millions" of the options could easily be cut off than the fourth generation of search engines - community search.

The pressure of high growth and high share price also makes Baidu's hovering over the choice of two key points in revenue and R & D. Google, MSN, YAHOO, Sohu and other war groups join the search field, which is very pressure on Baidu technology research and development.

A painful lesson: rapid growth is also an accident prone period. It seems that Baidu, a former startups, is suffering from growing pains.

It is undeniable that Baidu has gained the absolute advantage in the competition of search engines in China by virtue of its advanced Chinese search technology and the effective concept of "community".

But it is obvious that from a series of events such as "downsizing" storm, Robin Li has overlooked one point: good image is an important intangible asset of an enterprise, and it is also an important reliance on famous enterprises for consolidating its brand advantage.

Perhaps the early success is too easy for entrepreneurs to forget that the fast growing period is also a simple reason for the high incidence of accidents.

In fact, Robin Li encountered problems that all entrepreneurs might experience.

NO.4, Yan Pei Jin: the list of factors: social responsibility, corporate performance, news focus, key events: CCTV 3. 15, the European commercial floor commercial fraud was launched, and on October, 30, an apology to consumers was made to the 3. 15 party this year, which made the floor of the European Code fall from heaven to hell. Yan Pei Jin rushed to the various outlets to "save the fire", but ultimately failed to turn the situation of the marketing network to a standstill.

Since the founding of the people's Republic of China, the European Union has been sentenced to the highest penalty for exaggerating publicity.

A painful lesson: to fool the market will be doubly punished by the market.

In fact, in China, it is not uncommon to tell the story of big lies by exploiting the psychology of consumers.

4 years ago, the scandal of "Xiang Wu Shi audio" was also a case.

A company without social responsibility will be rejected by society. Fooling the market will be doubly punished by the market.

The loss of employees and dealers, sales plummeted, and the famous European flooring is no longer regarded as competitors by peers.

Yan Pei Jin is afraid that only tears can swallow his stomach. His lesson is worth remembering all business operators.

NO.5: the social responsibility, business performance and news focus: key events: the reported assets increased by 2 billion 300 million, leading to serious misleading investors; Forbes was the worst boss in the world.

In addition, Tang Qi has a high salary, but his company's performance is gloomy.

A painful lesson: public companies should pay more attention to their image.

A well-known public company has played a game of "home ownership" with investors.

If things are true, bubbles always burst, and when the public votes with feet, it is even harder for companies to turn over.

The eyes of the masses are bright, and public companies should pay more attention to the public image. Otherwise, where is the stamina of sustainable development?

Surprisingly, the entrepreneur with a high annual salary is not very good. According to how much money he has taken in the past 3 years and how much he has done for the shareholders, Forbes magazine has rated it as the worst boss, and has attracted many public eye balls.

It seems that bosses such as Tang Qi who take high salaries but do not act should really reflect on them.

NO.6: the key factors of social responsibility, business performance and news focus are: selling and withdrawing from western medicine OTC business, and then being shocked by 1 billion 600 million of the business. The major shareholder manipulates stock prices and is suspected of being violated by the securities and Futures Commission. At the beginning of 11, Dongsheng technology giant black hole suddenly exposed and the market was in an uproar.

Before this, the stock of this enterprise was manipulated for several consecutive days, and many investors were still looking forward to it.

But then the market value of the 200 million yuan suddenly disappeared, causing losses to the shareholders.

The capital problem of Dongsheng technology is derived from the crazy takeover.

During the 10 years, the company went on the market to buy more than 30 pharmaceutical companies.

In a doubt, Guo Jiaxue announced his plan to quit.

According to the analysis of the industry, if he intends to manipulate it is true, the arbitrage in one year will probably be 950 million if the stock market is combined with capital offsetting, and investors should pay for it.

A painful lesson: if we grow bigger, we will be "indigestion". The practice of Guo Jia Xue is not uncommon among many listed companies in China. However, with the increasingly strict supervision of securities and the growing maturity of investors, it will be severely punished if we try to use fraudulent practices and manipulate the stock market to gain huge wealth.

The result of foolish people is that they are fooled by the market.

Guo's acquisition philosophy has been deducted to the peak, but most private enterprises have suffered financial embarrassment after frequent acquisition and expansion.

Lang Xianping once said that the "indigestion" of China's private enterprises is simply seeking death.

Sincere words!

Guo Jiaxue's escape from office and his resignation can not alleviate his guilt.

NO.7: the key factors: social responsibility, business performance, news focus, key events: the half year report has created the most domestic airline losses; the number of cargo executives in the subsidiary is suspected of being bribed; the top flight has been losing 1 billion 460 million yuan in the first half of the year, which has created the most serious loss of domestic airlines for half a year, and at the same time, the high level has been changing.

In August, Wang Qiang, deputy general manager of China Eastern Airlines and Xiao Qixian, general manager of China Eastern Cargo Department, were arrested by Changning District Procuratorate of Shanghai on suspicion of commercial bribery. In October 17th, China Eastern announced that Cao Jianxiong would replace Roger Chao as general manager.

China Eastern is now considered to be experiencing the most serious crisis in history.

A painful lesson: "moth" is impossible to achieve. In the first half of this year, the state owned airline company suffered losses as a whole.

In stark contrast, four private airlines, such as Chunqiu airlines, have produced beautiful pcripts because they are good at catching business opportunities.

Among them, China Eastern Airlines is the worst performing among state-owned airlines, which has been repeatedly criticized by people, as well as the services of China Eastern Airlines, such as frequent delays and low management level.

High oil prices and fierce competition are the objective reasons that they emphasize in their financial statements. However, they do not mention that almost all the links in the industrial chain such as freight, passenger pport, supply and so on exist trading of power and money.

It's time to further strengthen the supervision of the civil aviation industry.

NO.8: the company's performance, news focus and personal value: the key events: fortune and poor performance led to a sharp fall in share prices. At the beginning of the year, the company received a delisting notice from the company and lowered its level. Personal wealth has shrunk dramatically in 10 months. UT announced that Wu Ying, who originally announced in May this year, will take over the appointment of global CEO from January 1st next year. Wu Ying has fallen from 306th last year to 438th in the Hurun rich list, which is announced in January 1st.

UT was once awarded the title of "best Asian employer" and "China's most respected company".