629 [It's too difficult for everyone]

Of course, not all entrepreneurs will go downstairs to be close to Song Weiyang, and the top one has its own reserve and arrogance.

Wang Shishi didn't come from upstairs, he lived in the villa next to the golf course, walked all the way to the venue hotel, and happened to meet Song Weiyang pulling everyone to watch the car, so he also came to pass the time.

This person has lived a very chic life in the past few years, because of cardiovascular disease, the doctor asserted that he could only spend the rest of his life in a wheelchair, so he fell madly in love with mountaineering that can expand the cardiovascular system. He climbed the highest peak in Africa, then the highest peak in North America, and even summited Mount Everest last year.

Then, Wang Shishi went from an entrepreneur to a social celebrity. China Mobile, Motorola, and Volkswagen have successively asked Wang Shishi to endorse, and their social popularity is comparable to that of entertainment stars, while Forced Grid crushes all stars.

At this time, Wang Shishi is as famous as the future President of Sichuan, because they both like to show off and toss, so they are often compared by Chinese and foreign media.

Wang Shishi has completely become a hands-off shopkeeper, and often does not return to the company for two or three months. But the farther he is from the company, the greater his contribution to the company's influence and brand, and the Vanke brand inexplicably has the romantic temperament of "fearless" and "brave to climb the peak".

Some time ago, he participated in an entrepreneur forum and said when discussing corporate ethics: "Vanke is honest and law-abiding, and has never paid bribes!"

The host of the conference was also an iron man, and asked the entrepreneurs on the scene directly: "Who dares to say that you have not paid bribes? If you have not paid bribes, please raise your hand." ”

Hundreds of company CEOs looked at each other, a little confused by the host's question. After a while, a few slowly raised their hands, and the rest of the CEOs didn't want to pick up the stubble at allβ€”can this matter be discussed in public?

When he came to the upstairs venue, Song Weiyang happened to meet Mr. Yang of Lenovo, and he took the initiative to shake hands and said, "Mr. Yang, congratulations!"

"Boss Song is polite, how can I be happy?" Mr. Yang said with a smile.

Song Weiyang also said with a smile: "I congratulate Lenovo in advance on its acquisition of IBM's PC business. ”

Mr. Yang was surprised: "How does Boss Song know?"

Song Weiyang said with a smile: "IBM has also contacted Shenzhou Technology, I don't have so much money, so I directly refused, but it is still not as rich as Lenovo." ”

"Song Weiyang is too modest, Shenzhou Technology's business is so prosperous, how can he say that there is no money?" Mr. Yang's smile was a little stiff.

In fact, IBM began to engage with Lenovo last year, and finally entered the substantive negotiation stage this summer. Then Lenovo convened a general meeting of shareholders to vote, and all shareholders voted unanimously against the acquisition, and Mr. Liu had to go out in person, vetoing the opposition votes of all shareholders, and finally contributed to the marriage between Lenovo and IBM.

When the dust of the acquisition was settled, Mr. Liu asked how many people were optimistic about the merger and acquisition when he was in the MBA president class of Peking University. As a result, only three of the 93 students in the class (all company executives) raised their hands, and two of them were department managers at Lenovo.

It can't be said that Mr. Liu and Mr. Yang are stupid, and it can't be said that they are doing something wrong, they are just making a big gamble. This gamble allowed Lenovo to earn all the face, allowing Lenovo to gain unprecedented attention and support, but it also buried endless troubles for Lenovo.

Have you ever seen a snake swallowing an elephant?

In reality, pythons often swallow large animals such as antelopes and crocodiles, and sometimes pythons will be stretched out of their bellies. Even if you don't break your belly, you can only lie still to digest your food, and at this time, anyone can take a stone and kill the python.

Lenovo's acquisition of IBM's PC business is like this, not only draining all of Lenovo's funds, but also allowing Lenovo to replace some of its shares and owe a lot of debt. Lenovo, which was originally extremely well-funded, could only devote all its energy to digesting the newly acquired PC business like a well-fed python in the next few years, missing countless investment opportunities and missing the most critical transition period.

If you can digest it, it's fine, but you can't digest it, you can't spit it out, you can't pull it out, and you can't hold it in your stomach all the time.

In the ten years since the acquisition, the IBM business that Lenovo bought out of the bank has only been profitable for one month, and the rest of the time is all at a loss. Lenovo has to use the money it earns from the Chinese market to support the European and American markets day after day, hoping to revitalize the European and American markets one day.

The most lethal thing is not these, the acquisition directly tied Lenovo's development route to death, that is-internationalization!

The "Liu, Yang, and Ma" troika was originally good, but because of the implementation of the international development route, the "Liu Ma" duo retired directly, and recruited many gringos to serve as Lenovo executives. As a result, Lenovo not only did not do a good job in internationalization, but under the leadership of foreign executives, it made a mess of its local market strategy, and was frantically seized by Dell and HP in the Chinese market.

The vicious circle triggered by this is like a snowball.

The overseas market is constantly losing money, and the local market is also losing money, what should we do? Lenovo will throw the unprofitable business to the channel dealers, and the channel dealers will try their best to make money from customers. Customers have grievances in their hearts, and channel providers also have grievances, and these grievances have ushered in a big explosion after five or six years of backlog.

Mr. Yang couldn't hold back at that time, and Mr. Liu, who had been retired for many years, had to go back out of the mountain and let the foreigner boss of Lenovo get out of the way. Mr. Liu himself became the chairman, Mr. Yang became the CEO, and the local young Zhuang faction was promoted to the head of the business, and two reorganizations were carried out within a year, and the frenzied layoffs were carried out to save expenses.

At that time, after the financial crisis of '08, the state allocated 4 trillion yuan to boost domestic demand. Lenovo doesn't shout anything about internationalization, taking advantage of this shareholder wind to "send home appliances to the countryside", to put it bluntly, it is to admit the failure of the international high-end route, and return to the low-end market grabbing route in the mid-to-late 90s, and even the main mid-end market at the beginning of the 21st century is not forced.

Well, Lenovo's market capitalization has also been pushed back to the level of the late 90s, less than one-sixth of its peak market value before the acquisition (2010 data).

The most important reason why Lenovo later became that ghost was the IBM acquisition case, which was a serious consequence of "snakes swallowing elephants".

And this consequence has always existed, after Mr. Liu re-emerged, because of the shift of focus back to the local market, various marketing methods have taken off, and Lenovo's profit that year increased by 148% over the same period. However, relying on the recovery of blood in China to slow down a little, Lenovo continued to engage in its internationalization route, because it had to do so.

Again, when something is eaten in the stomach, it can't be spit out or pulled out, and it must be forcibly digested to be comfortable - open the stomach to remove foreign bodies, and if you are not careful, you will die, not to mention that those foreign bodies have been integrated with the internal organs due to years of sedimentation.

Mr. Yang's interest today was obviously not high, and he had been sitting at the venue with his head down, and it was his turn to speak before he changed to a smiling face.

This can't be helped, since Mr. Yang took charge of Lenovo, all investment projects have hit the street, and the local market has been encroached by brands such as Shenzhou, HP, Dell, TCL, etc., and a batch of layoffs were carried out at the beginning of this year. Whether it is social influence or prestige within Lenovo, Mr. Yang has fallen to the extreme, and it was not until the acquisition of IBM's PC business that he saved face and reached the top directly.

In the past, they all compared Shenzhou with Lenovo, what "Southern Song Dynasty Beiliu", "Southern Shen Beiyang". Now the media only says "Southern Song Dynasty and North Willow", and no longer mentions "South Shen and North Yang", because Shen Fuxing led Shenzhou Science and Technology to flourish, but Mr. Yang made Lenovo worse day by day.

Compared with Mr. Yang's low spirits, Wang Shishi was as active as ever, standing on the stage and talking about entrepreneurship. He also compared this year's economic shock to a snowstorm while climbing a mountain, saying that only by gritting his teeth and persevering can he survive, and if he hesitates, he will only freeze to death halfway up the mountain.

Lenovo, Vanke, and Haier were all founded in 1984, and this year marks their 20th birthday.

Haier's President Zhang was also invited to speak on stage, counting the difficulties he had encountered in the past 20 years, and talking about his experience and lessons in the past 20 years. In fact, Mr. Zhang was sprayed by Lang Xianping not long ago, and Haier was expanding too quickly overseas, and the capital chain at this time was extremely tight, which can be said to be heavily in debt. Mr. Zhang's heart is also very tired, if you want to tell the truth, it must be: I am too difficult!

Lang Xianping sprayed a lot of people this year, and because of this, he became famous, well-known by the people of the whole country, and was known as a "star economist".

In June, he sprayed TCL's Mr. Li, saying that TCL's share reform was to dilute state-owned assets, and Mr. Li made a profit of more than 1 billion. But he didn't want to think about it, when Mr. Li entered TCL, it was just a small workshop, and the hard work of more than 20 years was worth that salary?

In August, he was arrested by Haier's President Zhang again, and the crime was still embezzlement of state-owned assets, and he was arrested non-stop by Mr. Kelong.

The three people who were sprayed had different reactions, TCL Mr. Li chose to remain silent, and Mr. Haier Zhang only replied: "Sorry, Haier is not a state-owned enterprise, Professor Lang, you sprayed the wrong person." ”

Kelong's Gu is always a violent temper, he feels that he has no problem at all, and directly chooses to argue with Lang Xianping in the air, making public opinion bigger and bigger, and the whole people join in the discussion. The three major portals even conducted a poll, and 90% of netizens thought that Mr. Gu had a problem. As a result, the National Audit Office intervened in the investigation, Kelon's stock fell in response, and Mr. Gu was later sentenced to 10 years in the first instance and 5 years in the final trial.

The reason for Mr. Gu's accident was not that the management was engaged in MBO, but that he was too much of a fuss when acquiring other state-owned enterprises. To put it bluntly, TCL Mr. Li's restructuring is sorting out his own company, while Mr. Gu uses this method to eat other people's companies, and he eats more than one, and his hand is stretched too long.

Well, today's entrepreneur forum also invited Professor Lang, who is squirting everywhere......