He Yuzhu talked about his entrepreneurial experience, of course, this process is not small, but it is also reasonable.

"So Mr. He, why did you go abroad to acquire a company?" The moderator asked again.

"Because I'm a cook!" He Yuzhu said: "The development of Budweiser Group has reached a bottleneck, and the current volume is not small, but it is indeed difficult to diversify my development, because I have no other technology and knowledge. ”

"I wasn't too sure about doing other aspects of business, so I thought about buying some established companies."

"I checked and found that Volvo Cars was spun off by the Volvo Group and then sold to Ford Cars."

"With the attitude of trying it out, I proposed the Bao family, and the other party has probably found problems in recent years, and Volvo Cars is not very useful for them."

"They were also interested in selling, so we started negotiations."

"I don't know much about the technology of automobiles, and after the purchase, it is most appropriate to cooperate with domestic car companies, although I now occupy the most shares, but I will sell some of them in the future to maintain the balance of Geely Group's shares."

"I like to invest in other people, I value people, for example, I invested in two friends before, and they did well, and Baiwei Group also cooperates with friends."

He Yuzhu stopped, picked up the water and took a sip before continuing: "The next thing is to acquire MGM Pictures, and other acquisitions are based on this, and I have experience in this area. ”

"When I was in China, I once invested in a TV series called "Journey to the West", and I also invested in a movie, and I think I still have some talent in this regard."

"It just so happened that MGM Pictures was too heavily loaded, and the new film failed again, so it was a good time to make the acquisition."

The host then asked, "So why do you continue to acquire after the acquisition is successful?" ”

"Strengthen your strength!" He Yuzhu said: "It's like Marvel Comics, many of which have been made into movies, which provides a lot of material and audiences. ”

"It's perfectly possible to make movies and TV series, so I bought Marvel, then Netflix and NBC, both of which have their own channels."

"After integrating resources, you can form a huge drama production company, and you can produce various types of dramas."

"Merging production teams can enhance production capabilities, work on multiple projects at the same time, newly established video sites can be effectively promoted, and some big films can be broadcast on TV sites."

The host nodded slightly and said, "Their production method here is different from ours, do you think you can learn from it?" ”

"There are some places that you can learn from, but it is definitely not possible to copy them completely, for example, our dramas are filmed and released together, and they are broadcast weekly here." He Yuzhu said: "Determine the direction of the drama according to the ratings. ”

"Some popular dramas are well-made in the front, and when they come to the end, they often end hastily, because the ratings decline in the later stage, they are directly cut down, and they can only end hastily."

"On their side, they are completely aligned with interests."

The host changed the topic and asked, "Your industry is so big, but your two sons can't participate in the business, what do you think about this?" ”

"There are no ideas, they don't participate, they don't participate, that's something I'm going to leave to them, it's not suitable for their own pursuit." He Yuzhu smiled, "My education of children is to respect their choices, such as career and marriage, I am not involved." ”

"Besides, I also have grandchildren and granddaughters now, and they are growing up, maybe they are willing to come over and run it?"

"Now I can still run around, and when I'm tired, I'll leave it to them."

"How did Mr. He educate his children?" The moderator asked again.

"I don't teach them, I just set an example for them, I don't need to teach children, what parents need is to set an example for them." He Yuzhu said: "As a parent, you have to keep learning all the time, just like I am constantly studying recipes. ”

"Your words and deeds show the importance of learning, and they will follow suit, and it is in the nature of children to imitate."

"On this basis, they choose their own careers, not their parents' arrangements, if they are not interested in work, then the work may not be able to do well."

"So do you like cooking?" The moderator asked.

"I like it, if I'm at home now, I prepare three meals a day, and this habit has been maintained until now." He Yuzhu said: "That is, the competition here is more intense, so I need to come and watch, and after the first few projects are successful, I don't need to come all the time." ”

"Of course, I won't always be wholly owned by the group here, which is very difficult in a capital country."

"When the group develops and the valuation increases, I will gradually let the subsidiary go public, and my shareholding ratio will continue to decline at that time."

The host continued to ask, "So will the domestic Baiwei Group also be listed?" ”

"No!" He Yuzhu shook his head and said: "Baiwei Group is different, as a food group needs to ensure food safety, we have invested a lot in this area, if once listed, let capital join it, then in order to pursue profits, it is very likely to give up strict safety testing." ”

"I'm not going to give up security for the profit of capital, I'm not going to give up taste for profit, etc."

"I know a little bit more about capital now."

The host blinked, peeked in the direction of the director, the director nodded, and then he asked again: "So are you a capitalist?" ”

"Yes and no!" He Yuzhu said: "I do occupy the means of production now, but I follow the country's policy and become part of the first to get rich." ”

"There's a watershed moment here, and that's whether you're willing to bring others to get rich with you."

"Capitalists don't allow others to be as rich as they are, and of course it's very difficult to do that, because you can't take out your own money and distribute it, right?"

"We divide our development into stages, and in the case of insufficient productivity, we cannot be average."

"We're just in the early stages, so I'm taking out one-third of the profits and sharing them with my own workers."

"Before Baiwei Group established you, my workers' wages were the highest, and the benefits were the best, and this is still the case."

(End of chapter)