Tuesday, December 14, 2010

China Regal changes: Huang guangyu shrink back 5 years ago

Huang guangyu: wealth levels dwarf back 5 years ago

In the United States staged violent right for war year, suning appliance of Zhang jindong to absolute advantage steady sit Mr. report the child list 2010 Mr. retail list on top of the throne, and the United States in the intense effort to capture sparring maintained the position, however bangyan Huang guangyu 160 billion of wealth and Zhang jindong half a little more, but its current wealth compared have shrunk drastically, regained the level of 2005.

In 1986, the 17-year-old Huang guangyu (at that time he also called Huang Chun-Margaret) follow brother Huang Qin, with Inner Mongolia saved under $ 4000, then even the credit band borrowed $, in Beijing Qianmen Zhushikou of 420 Main Street East, spare a 100-square called "GOME" facade.

There, he sold the first brothers, then switched to sell clothing imports electrical appliances. "Then I thought about doing the food business, but the people's consumption level did not reach that level; in the clothing business, fabrics, seasonal, I do not quite understand. While the appliance is relatively stereotypes, I felt it was more appropriate. At that time to worry about electrical appliances or stock sold, if you can purchase. "Huang guangyu in memory when business situations.

1987, 1, 1, "GOME stores" signs formal hanging out.

Although there is no sale of the goods, but we still decided to go "brother insisted on retail, small profits but quick turnover" of business strategy, but at that time, the seller's market background, many businesses are adopting "elevation price, to figure profits" mode of operation. Low-price strategies for small GOME stores brought many repeat customers. Not only is puerile, but also the source of goods sufficient to capture on a Kung Fu under. "At that time, washing machine, TV, etc are pay-and supply, from informal sources of these goods, going to try.

"People are more or less, one step off, sometimes half-step.

"Huang guangyu said. It is with this leading "half-step," Huang guangyu expand his broad retails for a collision.

One of the classic quotations to capture is "do the right things", this quote is let into the sword also capture "defeat the sword".

What is "do the right thing?" is the outcome of the discussions as more acceptable thing: give good results, or take care of him, or even just meet his inner feeling. Maybe your business succeeds, but the more people you do not accept (practices), it was not successful, it eventually causes a failure — this would be to do business "road"!

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