20 years, starting a business or retiring? Guo said he chose it.

Fosun Group Chairman Guo is Ma Yun and Shi Yuzhu's old friend. The latter two days ago announced the outgoing CEO, Gairen chairman. Although it is not possible to fully retreat-especially Ma Yun, but also externally put a no longer in a line of fighting posture. What do you think of Guo, who was born with them in the 1960? Let's take a look at his speech at the Fosun Group's 2013 budget, preparation and target workshop. Not only can we learn about his current mindset and values, but also how he thinks about how to control Fosun's multiple investment group. The title is--20 years, business or retirement? In Fosun 20 (Tiger Sniff: 2012 is the 20 anniversary of Fosun's creation), we must choose to start again, we must begin anew, we must have the ability, confidence and drive to bring the Fosun to a new height. Including myself, after these years of adjustment, I feel good. So here I would first urge you to have confidence in the board of Fosun, including me and myself. Here, I promise a little, I figured out, for the next 20 years, I don't mention retirement two words. I will certainly maintain my entrepreneurial spirit, and with our board members, has been working hard to do the Fosun. To retire or to start again. 20, a question to the board members is actually the question of whether to retire or choose to start a business. About three or four years ago, the letter spoke about this issue. Sometimes feel very tired, why? There is no lack of what, the quality of life seems to be poor, how to arrange their own life? We were young 20 years ago, and now we are not young, we are 45 years old, and we are running 50. Sometimes I listen to Zhang Hua also said the problem "ah, so tired, why?" So hard, why? This is the so-called world view, the value of the problem. I feel that people who do business depend entirely on money and it's really hard to keep the urge to start a business. Honor and affirmation alone are not long term. In fact, the real motivation, must come from the depths of your heart. You really think it's worth it. I've been reading some books and learning something. Three of the three words of Confucianism, Buddhism and Taoism are quite reasonable. The so-called Buddhism, the Buddha for the heart, is the Buddhist is to speak of compassion for the bosom. It is true that we are willing to do something for society from the bottom of our hearts. Your fundamental motivation is to say that I am right to do something for this society. If you do not have this value, you will be wronged to death. The second, the Tao is bone. Wang always with me a little bit busy recently, I cut off the golf, before Saturday, Sunday, always to play a ball, a play on six or seven hours without. Now I try to give myself six hours every Saturday and Sunday to practise Taijiquan and then play with my children for two hours and learn English for two hours. is much richer than before. Taoism is indeed a culture of self-cultivation. People are really affected when they are not in good health. Therefore, we should promote Taijiquan, so that everyone physical and mental health, pleasure. The third is Confucianism for the table, pay attention to the WTO, pay attention toSense of responsibility. So Fosun from the first day, we put forward "self-cultivation Qi home to help the world," this is indeed from the "self-cultivation Zi Ping the world." Confucianism is about continuous learning, to join the WTO, to do something for this society. I use these three points to constantly encourage myself. Do business people, you must come up with the kind of "I do not go to hell, who into the hell" (the Spirit)-I in order to do a good job, I in order to do things right, I really willing to work hard to do. What is the route of our cadres? How do we organize our company? The board has a very clear view: We must look for professional managers who have the entrepreneurial gene. From the bottom of his heart he has that very strong motive, which comes from deep inside--I want to try, want to do well, and not be forced by others, nor to get that little money, is really from the bottom of my heart, I want to do things, and is a good person, but also think of ways to people, is a smart person. This is really very important. I and Kanglan have been communicating, professional managers, I use a bad word, I hope we accept, or to "transform." Which way to change? is to change the thinking of entrepreneurs. There are all kinds of entrepreneurs, but the kind of motivation that is deep inside must be very difficult to develop. You are a passive person by the power of others. Only everyone is an engine, enterprises can be faster and better development. Not to say that professional managers do not use, it is not said that the native must be good. Neither of them is right. I feel that each of us in fact the most fundamental is not what you have now, but that you have no engine, self engine, there is no self-learning ability. In my own case, Fosun is a typical "three-no" enterprise, no talent, no technology, no capital development over. Some of us are several people, I, fan, Wang, Liang, is that we are keen on the market, and then we continue to learn. What do we know then? Have you received an MBA education? Wang also knows a little about PCR and diagnostic reagents. What do we know? What we want is a learning force, you keep sharpening your head to try and do it. This is a very important spirit. So I hope that our cadres must have this spirit, this quality, and then continue to learn, and constantly improve. In fact, I have a great pressure, that is, you have so many things to do, you keep up? Can Fosun move forward? Why do I propose to start a business or retire? This is really a problem, a very, very big problem. Because if I personally or play ball every day, practice sparring, drink wine, if this kind of life I feel happier, why should we make people so tired? And I will miss everyone's future. Because if none of us do a good job, Fosun will not be good. So I've been answering these questions. Our board is still very consistent, we say in Fosun 20 years, we must choose to start again, weWe must be able, confident and motivated to bring the Fosun to a new height. Including myself, after these years of adjustment, I feel good. So here I would first urge you to have confidence in the board of Fosun, including me and myself. Here, I promise a little, I figured out, for the next 20 years, I don't mention retirement two words. I will certainly maintain my entrepreneurial spirit, and with our board members, has been working hard to do the Fosun. The positioning problem of Fosun Group Many people ask me this question, and I keep telling them that having a choice is a luxury thing. You said that when four of us come out together, 38,000 dollars, we can support ourselves is good. Now Fosun Group 20 years, we really have a choice. is what we do, we don't do, we now have 140 billion, 150 billion assets, we have a framework, we have a choice of how to do it. We have also said that diversified operations, in fact, we are in the investment group. After discussion, it is clear that Fosun will be positioned as a global asset management group based on China's dynamics. The assets we are managing now are 140 billion, 150 billion. Our goal is to manage 1 trillion of our assets in the near future. Some assets are 100% Fosun, and some are assets that we manage for third parties. Now most of us are our own money, is in the asset sheet, some money in the future may come from our insurance fund, step by step to develop. Such a positioning, our future, or to follow this framework to further clarify. We look at any asset, or from an asset management company's point of view, are you doing it effectively, or is it the highest IRR. Of course, we still have to insist that we are a value investors, we are not just looking at the IRR of a year, we are more interested in long-term investment, not to say that in order to develop this year, medicine will not do research and development, we pay more attention to a long-term development. We insist on rational investment, we insist on disciplined investment, we insist on value investment. We value the present and we value the future. Therefore, we may come back to such a framework in the future, we have a step-by-step development of clarity. In general, for the next 20 years, we will be closely focused on the global investment group based on China's dynamics. I also believe that China will continue to develop in the next 10 years and 20 years, and I also believe that the strategy that we are now formulating, with China's power as its core, is the strategy of docking global capital and global resources, which should be said to have formed a unique value point of Fosun. and is recognized by the whole world. In China, in private enterprises, can have such a international ability, but also familiar with the local team, it is not easy, is very worthy of my board, we cherish.