Chapter 50 Be bold and cautious, seize the opportunity to make strategic investment, and never think that "speculation" is shameful

Business opportunities in the market are fleeting, and sometimes you need to catch them by surprise, catch them unprepared, and seize them with lightning speed. In 2002, a large number of Wenzhou coal merchants entered Shanxi and paid sky-high prices to contract coal mines.At that time, the coal market was going through a difficult period. The national energy crisis, electricity shortage and coal shortage plagued the northern provinces. Many coal owners in Shanxi lost more than half of their losses and suffered unspeakably.And at this time, a large number of Wenzhou businessmen focused their attention on the coal market in Shanxi.

Zhou Shixuan, a native of Pingyang, Wenzhou, contracted a well and lane construction team in the early days, running around the well and lane construction sites in Pingyang and Cangnan counties all day long. In 1999, by chance, he came to Shanxi to contract a well digging project of the Xiqu Mine of the Xishan Mining Bureau, where he discovered potential business opportunities in the coal market.Since then, he has also formed an indissoluble bond with the coal mine. According to his memory, he spent 100 million to contract a coal mine at that time.Unexpectedly, the price of coal at that time was very bleak. The mining cost of 1 ton of coal was 30 yuan, and the selling price was 20 yuan.Zhou Shixuan was miserable, but Coal Mine couldn't get rid of it, so he had to hold on.

The market is always fair. In 2000, after he survived the most difficult year, the coal market began to recover in the second year, and coal prices soared. He turned from the biggest loser to the biggest winner.Salted fish has turned around, and it is not an exaggeration to describe it as getting rich overnight.This man was originally just a well and alley contractor, but turned into a rich coal boss. When the news spread back to Wenzhou, it was like a bomb exploded quickly. The huge profits of the coal industry attracted a large number of Wenzhou businessmen. Shanxi investment.They either raised funds from family members or friends, and formed a group to purchase coal mines. They also used private loans, and some used underground banks.We must know that these Wenzhou businessmen are pure laymen in the coal industry. Many of them know nothing about coal mine production and are pure investors.They would rather hire professionals with high salaries than contract the coal mines first.

Because the coal industry was very sluggish at that time, many small coal mines had operating difficulties, and workers' wages could not be paid. At that time, many Wenzhou businessmen bought coal mines at a low price and paid part of the wages in advance.With the recovery of the coal market, the economic benefits of coal mines have gradually improved, and their wealth has also begun to grow explosively. In the eyes of outsiders, Wenzhou people seem to take advantage of the opportunity to do business, but in their eyes, this is the best time to make money.The more bleak the market, the better the opportunity to intervene, and the more dangerous the industry that others dare not get involved in, the greater the profit.Just like the coal-burning incident initiated by Wenzhou merchants in 2002, most Shanxi merchants have made enough money in the most favorable market and are preparing to withdraw from the market.Wenzhou merchants have entered in large numbers, and it turns out that this is also a good opportunity to make money. After 2002, coal prices skyrocketed.Someone made a calculation. The price of coal in Jincheng at that time was as high as 300 yuan per ton, and the net profit was 220 yuan. If a coal mine with a daily output of 300 tons of coal was used, the coal merchants could earn more than 60,000 yuan a day.A Wenzhou businessman with an investment of 100 to 200 million yuan can recover the cost within one year.

The unusual investment methods of Wenzhou people are just the embodiment of their boldness, shrewdness and adventurous spirit. Speculation is often manifested when a certain person or a few people take illegal means to seize high profits at the expense of and destroying the interests of others. amount of profit.Wenzhou people are different. While they earn a lot of wealth, they do not affect the interests of others, but will drive the development of the local economy.We all know that Wenzhou's huge private capital has great power. Every time Wenzhou businessmen invest in a place, they will bring a lot of capital.Intervening when the market is sluggish can also activate the local market to a certain extent.As a Wenzhou businessman said: "He bought a small and medium-sized enterprise at a high price, and hired all local workers and managers. The expenses of these personnel were solely borne by the enterprise, and they had to pay taxes normally according to state regulations." Wenzhou people do not pay attention to rules and do not play cards according to common sense, which also makes many people have various misunderstandings about Wenzhou businessmen.

In the view of Wen Shang, as long as it is profitable and profitable, it is worth a try. Their investment activities have always been earned by their own hard work. In this process, there is no opportunism. On the contrary, they are step by step. Walk steadily along the way.Even in the most difficult period of the business, they did not give up easily, because they not only had to work hard to make money, but also to find a better way out for their business. At different stages of development, Wenzhou people are always looking for new investment fields, and they are always at the forefront of the market economy. For decades, the manufacturing industry that Wenzhou people are keen on has been in a declining stage.Under the current economic situation, Wenzhou people are very clear about which industries are the most profitable and which industries are the most profitable.It is inevitable for the development of the market economy that they set foot in real estate, coal, and petroleum industries one step ahead of others, and it also reflects Wenshang's keen market vision and innovative spirit.

Although Wenzhou people have an adventurous spirit and a shrewd mind, they have not lost their minds in order to make money. On the contrary, they have clear goals in their hearts.Facing the unpredictable market, whether it is coal or real estate speculation, they all have an expectation in their hearts, and if they fail to meet their expectations, they will retreat completely. ◎The more dangerous the place, the safer—Wenzhou people believe in this saying very much, but one thing worth noting is that they often intervene in the market when the danger is about to pass and the dawn is coming, so as to achieve the expected purpose.If a market is in decline or recession, once you intervene, the whole army may be wiped out.