The poor are poor, the rich are rich

Chapter 108 5 With Passion, Anything Is Possible

Chapter 225 With passion, anything is possible

Passion makes people move forward bravely. Without passion, there will be no dreams. Without dreams, there will be no motivation to pursue wealth. The increasing wealth comes from passion and dreams.On the way to pursue wealth, there are only unexpected things, and nothing is impossible. As Li Ning said, everything is possible.

Sun Di was born in 1917. In his 90s, he runs a small shop in Nanjing Yuqiao Market, selling T-shirts and jeans worn by young people.These clothes are all selected by him himself, such as crop tops, hot pants, vests with sequins...there are all the popular ones on the street, and they don't feel old-fashioned at all.

In 1980, Sun Di retired from his work unit, and his passion for starting a business sprouted in his heart, but he was strongly opposed by his wife.In the second year, Sun Di came to Nanjing from his hometown of Wuxi alone. Because he was not familiar with the place, he was not in a hurry to start a business. Instead, he chose to work in a foreign trade company to purchase clothing fabrics, and he did it for two years.One day he met a man at the train station who claimed to be the boss of a large garment factory in Nanjing, and he readily agreed to buy Laosun 10 meters of cloth and promised to pay on delivery.However, in about half a month, Sun Di sent the cloth to the designated factory according to the request of the other party. The boss said that the capital turnover was not available for a while, so he issued an IOU, promising to pay within ten days.Ten days passed, and there was still no news. Sun Di hurriedly called to contact the other party, but found that the number had been canceled and the company had suddenly disappeared.

After this failure, Sun Di decided to start a small business first. At the beginning, he sold popsicles while making clothes. He had always been interested in denim fabrics, so he set his business category on denim clothes, and gradually opened up sales. Bought 3 sections of the counter, operating denim clothing.As the business grew, Sun Di wanted to sell the counters and replace them with shops, but his wife refused. "These counters are our food and clothing parents. You are over 80 years old, how long can the two of us live!"

However, Sun Di quietly sold the counter. He bought two shops and continued to sell denim clothing. At the age of 88, the old man was going to represent the brand of denim. In June and July, under the sun, he ran all over the country alone to learn about the brand of denim.In the end, Sun Di fell in love with a denim brand in Guangzhou, but the other party had another idea. After all, Sun Di was 88 years old, and the manufacturer always felt uncertain.

Sun Di told the other party about his experience in selling clothes and the current market situation, and promised to bear all the expenses if he could not do well.The other party was still worried. In August, he went to Sun Di's store for a special inspection, and finally made up his mind to accept this 8-year-old senior customer.

Now, Sun Di is still running his clothing business with passion like a young man, and is the Nanjing agent of a denim brand, with an annual turnover of more than 60 yuan.

As a 91-year-old man, Sun Di is still doing business with young people in the clothing market. No matter how big or small his business will be in the future, his entrepreneurial passion is worth learning for all investors.

However, passion is not enough for venture capital investment. Only when passion and rationality are accompanied can the dream of becoming rich through investment be better realized.To invest with passion and rationality, you must do the following:

[-]. Manage funds well.Enterprises are composed of talents, products, and funds. Insufficient self-owned funds will lead to excessive interest burdens on entrepreneurs and make them unable to achieve their careers.Therefore, we must have the concept of "doing as much as you can" and don't use debt to operate.

Second, select the industry carefully.Choose a business that you are familiar with and specialize in. In the early stage, you can operate it with a small capital or seek cooperation from shareholders, and gradually develop according to the business plan.

Third, take a long-term view.For the development of a small business, stability is always more important than growth. If you can make 30% of the profit every year, you will have the opportunity to make your business bigger in three to five years. Therefore, you must have the endurance and preparation to run a marathon , step by step, step by step, don't have the illusion of short-term speculation.

[-]. Survive first.We must lay a solid foundation first, strive for survival before seeking development, and do not aim too high and be greedy for performance. We must attach importance to the operating system, work step by step, and then seek to create profits and expand operations.

Five, streamline the administration.In the initial stage, the company must be streamlined, economical, efficient, and pragmatic. Don't pursue superficial glitz, and don't invest in advance for too long-term ideas.

Sixth, make good alliances.Entrepreneurship must emphasize the alliance strategy, especially the alliance with the same industry, in addition to its own products, the incidental promotion of other related products.This will not only increase the attractiveness of its own products and meet the needs of customers, but also increase its own competitiveness and income.

Seven, perseverance.If you have a plan, a goal, and passion, you must also have strong patience and willpower to implement it, face setbacks with a smile, and never give up until you reach your goal.

To sum up, as an excellent investor, we should be full of passion and boldly fight for our investment career.With the help of rationality, let yourself gallop in the blue ocean of investment and create huge wealth.

(End of this chapter)