In the blink of an eye, the weekend has passed.

A new week is coming.

Xi Ming tried to make up for the time he slept in college class in class.

He listened carefully to the MBA class at Xia University.

Now a financial expert is lecturing.

The content of the lecture is investment and financing.

Hello everyone, today I will talk to you about the investment and financing of enterprises.

We know that after some enterprises hold hands with capital, there are many contradictions, which affect the operation, and finally break up unhappily.

The "spot" of investment and financing can get a glimpse of the "whole leopard" of the commercial society!

I think that corporate investment and financing are like marriage.

I marry you, each has what he wants, and everyone takes what he needs, and those who don't understand the laws of love are doomed to ups and downs

Most of the people here are people who work in the company. You find that there is no such thing as talking to everyone about the production, sales, purchasing, wealth, and people of the enterprise. Everyone is familiar with it, but for most people, investment and financing are a bit mysterious to you.

Maybe it's a bit foggy. Sometimes we even use it as an exaggerated topic: capital operation. Investment banking, blah, blah, blah, blah.

In fact, its core is all about investment and financing.

We found that there is no production, supply and marketing of human and financial resources for small and medium-sized enterprises, which is the most basic organizational structure of our enterprise, but most enterprises do not have the investment department at all, unless those large group enterprises.

As an enterprise, when you talk about production, supply and marketing, you are buying and selling products, we are talking about investment and financing, and I am doing a project. I may develop a real estate, I start a business and I need money now. You invest in me, and I give you as many shares. This is an act of joint venture cooperation, in fact, the essence of investment and financing is to buy and sell companies, and we usually do business is to buy and sell products.

That's the fundamental difference between our course and other courses or other organizational structures, the nature of the business that some of our colleagues are engaged in, is that you are buying and selling companies.

If the company is compared to a person, you look at our three meals a day, how much money each person earns, how much money will be spent every month, what is this equivalent to, the daily input, output, receivables, accounts payable in the enterprise, this is living at home.

For most friends, getting married, there will be a marriage once in a lifetime It is not a norm, so in our organizational chart, why don't you have an investment department, just like a person will not say I want to get married, Mom and Dad, are you going to build a marriage agency for me at home, he will not do this, this is not a normal business, but it cannot be said that it is not important.

Even for most of us, this is our lifelong event, you buy and sell products made a mistake, how many accounts receivable and payable, how many bad debts, it is counted, but in the issue of investment and financing, if there is a mistake, just like you made a wrong choice in marriage, many people may live a life is a regret, we say that men are afraid of entering the wrong line, women are afraid of marrying the wrong man, for girls, marry the wrong man in a lifetime, this life will be ruined, but this is a bit incomplete now, because you can get divorced, and now the divorce rate is quite high。

This divorce rate is still painful because of the mother-in-law's economy, for example, in the first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen, housing prices are soaring, which is all driven by the mother-in-law.

Why, you don't have a house, don't marry my daughter, but I think there is one of the most essential things, please note that the essence of marriage is not the union of a house and a car, but the union of people. Are you marrying this person, not marrying a house and a car, just say that this mother-in-law is economically right or wrong, I will say a data, China's first-tier cities in Beijing, Shanghai, Guangzhou and Shenzhen have reached a divorce rate of 40 percent, and in the end, the marriage bought something, a divorce certificate.

The same is true for investment and financing, if you think that investment and financing is that you put money into my account, this matter is over, just like if you marry someone and he buys a house and a car, do you think this is a happy life?

In fact, in the process of joint venture cooperation between the two enterprises, capital is just a link, the most essential is a resource, and the integration of resources is the most essential thing.

This is like playing mahjong, thirteen cards to this place, you have your own cards, you need to consider how other people's cards for me to use everyone is best and cards, and then how to do a reasonable distribution of interests, this is the essence of the problem, so in essence, a person needs a very open mind, so that you can integrate resources within how much radius, how much can you do, why Peking University Tsinghua University is a first-class university in China, we may say that it has good scientific research equipment, very famous professors.

Personally, I don't think it's comprehensive. The reason why Tsinghua Peking University is a first-class undergraduate university in China, its graduates are the most promising, in essence, it is the top student admitted in the college entrance examination, if you send students who scored one or two hundred points in the college entrance examination, I believe that Tsinghua Peking University will soon be reduced to a college that does not enter the stream. But on the other hand, it is the champion in the country, and Peking University and Tsinghua University can't compare to Harvard, because Harvard is the world's champion. If the enrollment radius of Tsinghua University and Peking University is compressed in a certain province, a certain city or a certain county, he will soon be reduced to a county No. 1 middle school. Because the resources you have in a county are very limited.

It's the same with a business.

You see how big the radius of resources your enterprise is integrating. What do your resources include, your customers, your suppliers, but more importantly, your company's shareholders and your management team, how big the radius is, how much your company can do, in a sense, investment and financing is by no means that you put money into my account and it's over, what resources can you give me, our resource integration class has become a lot bigger, we can do a bigger business, this is investment and financing or joint ventures. It's the most essential thing.

That's why I think investment and financing are important for companies. It's as important as marriage is to a person.

A man. If you marry the wrong woman, three generations are ruined, from a genetic point of view. It's more about motherhood.

Everyone, I make an analogy between business investment and financing and marriage, why is this, I like to simplify complex things, called the road to simplicity, because it is easier, many people may think that investment and financing should be a capital, a financial is probably an obscure mathematical model, esoteric such a noun concept, so as to complicate simple problems.

Sometimes we joke and say something that we can't understand and can't understand what we can understand, and that's the Chinese doctoral dissertation. But this is problematic.

Okay, so what I'm saying is that it's not that complicated, it's definitely not what we all think.

I think that when many companies talk about investment and financing, they just think that you will give me money. And then I do big things, how much money can I make, he didn't think about the things I talked about before, he wasn't ready, for example, there are reports that teenage children live together and have children, we can be a father physically, but you haven't reached that stage in terms of mental age.

To put it bluntly, many of our companies may need to talk about investment and financing for the project itself, but you often don't think about these things. For example, you are not sure about the prospect of your project, for example, on the issue of equity participation and holding, you think that I am at the helm of this company, that is, my boss, and I can do whatever I like. You're not normalizing. You feed the whole family and don't go hungry. For example, your property rights are not clear, and you have a lot of irregularities in finances. It's your father's, it's your mother's, it's yours, sometimes you can't tell.

Another example is that you say that you have hidden a lot of private money in private, and you give it to your father and mother if you have nothing to do, just like you are cooperating with someone else. Always engage in some related party transactions. Including the extramarital competition outside of me, including the position of the shareholder, the position of the director, all wrong, you do this to be honest, it doesn't mean that you buy me a good house like the four million Bentley we bought some time ago, and finally found that everyone was unhappy together.

It's not enough to have a car, it's not about living with a house and a car, it's about living with people.

When our company talks about investment and financing, we don't think about the most fundamental issues, and then we come out, I want money, it's the same as young love, you just want to enjoy happiness, but you don't think about responsibility, your marriage is to draw a good question.

Over the years, the teacher has learned more than experience to this day, has done thirty or forty cases, and has followed hundreds of companies, impulsiveness is the devil. Investment focuses on returns, but also pays attention to risks, which is the key to the problem.

The benefits and risks are always symmetrical. As an investment behavior, it is either high yield and high risk.

So what to do, buy a lottery ticket, the probability of winning is very low, but what if you win, right!

At this time, the MBA class burst into laughter, teacher, we have one who won the lottery.

Xi Ming was speechless, this was lying down and was also shot!