Peter Peterson and Steve Schwartzman had worked together at Lehman Brothers for many years. Peterson also formed a friendship with Akio Morita, the president of Sony, in his early years, and the first pot of gold was the carriage fee earned from the other party.

Blackstone's first fund secured 32 investors, including Nikko Securities, MetLife, General Electric and General Motors Pension Fund, for a total of $850 million.

It also shows how strong their professional level, personal connections and social background are, but they have all done very difficult things in the initial stage, and the actual situation of Kishimoto is much worse than when they were first founded.

If Masayoshi Kishimoto wants to build an investment company, he has to go off the beaten path. He has a deep background in the pachinko industry, so it is relatively easy to gain the trust of his past peers.

After all, the pachinko industry is completely legal on the surface of RB law, but secretly there are too many secret secrets, big and small.

Among them, I don't know how many fights between swords and swords have happened behind the scenes. In addition to this, there are police security management fees, political cash and so on.

Kishimoto is well aware that the pachinko industry is, in a true sense, an industry that belongs to a gray area.

The reason why the RB government still allows it to exist is because it knows that gambling is a forbidden business, after all, it is something that is innately possessed in human nature.

Because life is impermanent, there are too many uncertain factors, which makes people have the ability to gamble. Everyone has a gambling nature, and the difference is that the things they gamble on are different. Is stock trading a gamble?

Is doing business a gamble? Isn't studying also a gamble on oneself, one's family, and even one's family to have a good future and a better life in the future?......

The attitude of the RB government is that rather than allowing gambling to grow uncontrollably in the shadows, it is better to let it be controlled and controlled.

The two major advantages of this are, one is to prevent some money from flowing directly into the private pockets of small group interest groups, and the other is to save all kinds of social costs of vigorously grasping gambling.

What's more, in terms of taxation and economic development, there are still a lot of positive helps. Otherwise, Singapore's founding father *** would not have broken his word.

He once said that as long as I lived, there would be no casinos in Singapore. As a result, it was he who agreed to the legal license of the Sands Casino, Sentosa Casino.

At this time, the legitimacy of the RB gambling industry is limited to betting on horses, pachinko, lotteries, etc., and it is absolutely not allowed to open a casino directly with baccarat, Texas poker, etc., and it is illegal to prohibit it.

However, 20 years later, the RB government changed the law and carried out a relaxation, so that the gambling games of baccarat also became legal.

Kishimoto's righteous sword is on the wrong side, and only by taking advantage of this advantage that others do not have can he get more money.

In the general direction, although this money is the hard-earned money that many people lose, it is not black money, and it does not need to go through their own hands to carry out a money laundering.

If not, their own investment companies will inevitably be exactly the same as those loan sharks on the street under the banner of financial management and small loans. Or it can become an underground money bank that specializes in money laundering and helping others transfer illegal assets overseas.

Peter Peterson and Steve Schwartzman resigned from Lehman Brothers to set up their own businesses, but it wasn't a flash in the head.

They still make the most of their own background and various resources around them, not only with the founder of Sony, known as the god of management, Akio Morita, but also with GE, that is, the legendary CEO of General Electric, known as the world's first CEO, and the most successful and greatest entrepreneur of the United States today.

Otherwise, you will not even see one of these people, and no one will listen to you. Thus, the chicken soup technique of "one-minute elevator speech" was born. Often, the result is that there is little left to make the person feel offended by the rudeness.

The people who have worked so hard to run around are basically college students who have just graduated from college, but they have not had the slightest effect, and they are completely doing useless work.

Those who study management do not know how powerful GE is in the world. If you don't know, it can only prove that you either skipped class or went to sleep during class.

It is not to do drugs, it can be said that everything is involved in business. It is also one of the few companies in the world that has been able to achieve true multi-business strategy success.

When Jack Welch was GE's CEO, he proposed a strategy of one of the best, which was to divest and sell off many of its business units if they were not ranked first or second in their respective industries.

Then there is the Six Sigma standard, globalization and e-commerce, which he founded, which almost redefined the modern enterprise.

Six Sigma is a technology to improve the quality process management of enterprises, with the perfect business pursuit of "zero defect", drive a significant reduction in quality costs, and ultimately achieve the improvement of financial effectiveness and the breakthrough of enterprise competitiveness. It is developed on the basis of RB people's quality management.

In just 20 years as chairman and CEO of General Electric (GE), Jack Welch has increased GE's market capital by more than 30 times to $450 billion, raising its ranking from 10th to 1st in the world.

He only graduated from the University of Illinois with a Ph.D. in chemistry, and was not a graduate of Harvard, MIT, Princeton, Stanford and other world-class business schools.

Harvard Business School's MBA (Master of Business Administration) is known as the "money printing machine" in the United States, which means that graduates earn a lot of money every year, but Jack Welch said in his autobiography that they are useless.

For this, Kishimoto justice is recognized. In his previous life, he had studied business administration. Peter Drucker, the master of management and the father of modern management, has a set of theoretical things that are enthusiastic in the classroom, and it seems to be very insightful, but it may not be used in practice.

Hopefully, those who have learned will become all-rounders in the future. It's not that I don't know that the business administration major belongs to the "six dislikes" major.

Finance, accounting, human resources, marketing, logistics, foreign trade, advertising, economics, etc., can be said to be not fine, but the value of its existence lies in the word "management".

As a manager, you really don't need to do any specific work, you just need to understand how things are. As the saying goes, those who have the ability to manage people, and those who don't have the ability to do things.

However, here's the problem. College graduates don't have much social experience and work experience, so who would dare to put you in a management position? Unless it's your own company.

Theory and practice are completely different things. When I actually went to a management position, I found that nine out of ten of what I had learned in books was useless.

What's more, when I was in school, I didn't really understand the meaning of the words. The most important thing is that the knowledge of business activities is extremely complex, relying on talent, the accumulation and summary of relevant practical experience, and a wide range of network resources.