Based on my experience in partnership with Pan Dong and them, I tell you that you must not partner with chefs.

Before, when I, Mr. Pan and Mr. Lu worked together, there was an uncle who was a chef who wanted to cook for everyone in our company. He doesn't want money, he wants to manage and buy shares. Therefore, the reward I told Lao Pan was to let him join the management as well, and he would be notified of any big or small matter in the future.

Lao Pan vetoed it at that time, and Mr. Lu also meant the same. But I didn't know much about it at the time, and I thought that this chef's cooking was very delicious, so why didn't I let him join in and have fun? Later, Lao Pan said that if you partner with a chef, you won't be able to do the business at the beginning.

Because, in cosmetics companies, chefs will not be allowed to enter the game, and the most reasonable shares are capital shares, not technology shares, and there can be no management shares. I'll take the Water Margin as an example, if Lin Chong doesn't go down the mountain to submit his name, then Liangshan won't want him. If the leader hasn't soaked in the hot springs with you, you'll never be your own.

Funds are the name of any business, and you don't pay for a business, what is the fundamental reason? It can never be that you don't have money, but first, you are not optimistic about the project, second, you are not willing to pay for the project, and you are not willing to be responsible for the results. Therefore, if the big guy takes you to play, even if you go to borrow money, you have to squeeze into the circle where the big guys are.

There are two possibilities for the so-called management shareholding and the so-called partnership with the chef.

The first is to make money, there are many kinds of catering industry, the type that can make money by chefs, the chef itself is the core competitiveness, do a good job, he is your father, you can't manage it. Then you open a store, you take the lion's head, the risk is on your back, and in the end you become a grandson, you earn less, you spend money to open a store for others, philanthropist?

The second is to keep it flat or not make money, so I ask you about the projects that you didn't pay for, the shares you picked up, do you cherish them for nothing? When there's a stir, the chef says, "Oh, this business isn't profitable, I have to go home." Bye! I don't want shares either. "Then are you dumbfounded at this time? Who showed you this shop?

So, no matter who you're partnering with, whether it's a chef or a manager, what is the premise of a partnership? It's a proportional contribution, and you get money according to the shares, as long as you are optimistic about this project, you have to give me money, otherwise what do you say? Even if you say it, you can't prove your sincerity. The person who doesn't pay is the one who is going to jump ship at any time.

The first traitor is always the one who doesn't pay for it, so we will always be in partnership with the capital, not with the chef. Your skills, I translate into the salary that should be given to you, and it's over. Salary is a position, dividends are shares, these are two things, and they cannot be confused. But if you don't believe me, you might as well try it out with the chef to verify whether I'm right or not.

I think there's a good chance that no one will do it with you after you talk to the chef, why? Because, people have seen more bosses than women you have seen, so people are opportunistic from the beginning, people shout slogans casually, make you happy, as long as you believe in yourself, real money will be taken out.

So, book friends, don't partner with chefs. The chef is a shareholder, well done, you are a grandson, you make less money, you spend money to let others open a store, bye-bye! If you don't do it well, the chef can pat his ass and walk away at any time, then you will be dumbfounded. Therefore, no matter who you partner with, you must contribute capital proportionally, take money according to shares, and you can't pick up shares for nothing. Only in this way can we do a good job in business and make money.