Top of the Great Era
Chapter 2059 From making money to earning fame
Chapter 2059 From making money to earning fame
In fact, in the past period of time, Zhou Buqi has been laying the groundwork, explaining his development ideas for Changyou to several key figures.But now that the original shape is revealed, it is still a bit shocking.
Everyone understands what he means by this "barbaric growth".
To put it bluntly, it is blind expansion!Overextended!
There are really too many companies that have caused the company to fall into operational crisis or even go bankrupt due to over-expansion, and it is a must-tell case in almost all business courses.
It is a negative tutorial.
For example, Claiborne in the United States was originally a thriving women's clothing brand company, but later developed excessive diversification, which caused the company's managers to fail to grasp the core products, and a large number of products that did not meet market demand appeared, prompting many customers to move to the company. Love is not in love, which leads the company into crisis.
Another example is South Korea's Daewoo Group, which was once known as the "Kim Yuzhong Myth". Acquisition of a foreign company.Then it fell into a debt crisis, the tall buildings collapsed, and finally it could only produce some low-end Daewoo cars.
Another example is the domestic Wugu Daochang, Huiyuan, Vancl, Sanjiu Group, etc., because of blind expansion, companies that were originally thriving and promising quickly moved to the edge of the market.
Be vigilant!
Seeing that the situation is a bit out of control.
Alex Jones, the director representing Ziweixing International, coughed his throat and said in a serious tone: "Rapid growth is a kind of human nature, and entrepreneurs are a typical type of impatient people. It is IT This is especially true in the field, where everyone wants to win the market and change the world.”
Zhou Buqi nodded, "Yes, commercial companies can only change the world if they win the market."
Jones said in a deep voice: "Just in August this year, researchers from Berkeley and Stanford University analyzed 8 Internet companies in Silicon Valley that were originally high-growth, promising, but later failed. The survey data showed that 3200% Companies fail by scaling prematurely. If you rush to expand without building a solid foundation, you will end up in despair and failure.”
This time, it was useless for Boss Zhou to speak.
Guo Pengfei came to express his opinion, "You are talking about premature expansion. Changyou's foundation is not bad. This data does not explain anything. There are many cases of companies failing due to over-expansion, and there are also many cases of companies failing due to over-conservatism! Sohu back then It is the largest Internet company in China, but now it is marginalized, and a large part of the reason is that the expansion is too slow.”
Zhang Chaoyang almost died of anger.
I thought that this kid must have done it on purpose, seeing that Zhou Buqi was questioned by the directors headed by him at the first meeting of the board of directors, and he was fighting for injustice.
However, it is not unreasonable for this kid to be angry.
It was the first time that the board of directors was so disrespectful, and I was really sorry.
Questioning is right, but questioning has a fart!
That is to say, these foreigners may not understand the situation very well, Zhou Buqi has already decided something, who would dare to object?It's useless to oppose, you have to implement it!
Zhang Chaoyang also had this realization. He felt that he could no longer be the leading figure in the opposition, otherwise he would disturb the atmosphere of the board of directors and even shake Zhou Buqi's authority.
Lao Zhang quickly stated his position and said in a relaxed tone: "JD can surpass Dangdang because Dangdang's strategy is too conservative and its expansion speed is too slow, which gives JD the opportunity to catch up from behind. There are also Gome and Suning in the past few years. , they also implemented the strategy of rapid expansion at that time, which was greatly questioned. In fact, they all succeeded and became the chain giants in the country. Barbaric growth means increasing leverage, which is extremely risky, but as long as they succeed, they can get Several times the fruits of victory."
Guo Pengfei glanced at him, his face brightened a bit.
In fact, his attitude is also ambiguous.
He is not familiar with the game business, so going to overseas markets to make waves... The risk is too great.
However, seeing Boss Zhou's firm attitude, there is no need to hesitate.
Just support him!
Ziwei Star has developed so rapidly in recent years, in fact, it has been on the path of brutal expansion, and has been in the process of high-risk growth and expansion.
Then, it will become more and more successful, and the fruits of victory will become bigger and bigger.
In Guo Pengfei's view, shut up if you don't understand, no one has the right to question it.Unless Boss Zhou himself is ambiguous and needs everyone's opinions, then everyone will brainstorm again.Once he has made up his mind, then don't waste time talking nonsense, just do what he wants!
Zhou Buqi remained calm and did not speak.
Zhang Chaoyang secretly sighed, thinking that this kid is quite tempered, so he took the initiative to take over the task of presiding over the board of directors, and said with a smile: "The discussion is over, let's vote? Raise your hand in support of Chairman Zhou Buqi."
He was the first to raise his hand when he finished speaking.
Guo Pengfei and Ren Yuxin followed closely behind.
Then, raise your hands one by one.
In the end, only Zhou Buqi was left sitting on Mount Tai without raising his hand, and the other eight directors present all raised their hands in agreement with his "barbaric growth" plan.
Only then did Zhou Buqi smile, and made a final decision, "Then do it this way!"
……
Although Zhang Chaoyang raised his hands to support him, he was actually reluctant. After the meeting, he took Zhou Buqi to the office and said worriedly, "Is this really the case?"
Zhou Buqi looked at him strangely, "Didn't you all vote?"
Zhang Chaoyang said angrily: "I'm giving you face, I can't object to you at the first meeting of the board of directors, right?"
Zhou Buqi opened his eyes wide, "What do you mean? The board of directors didn't object the first time, but they will object in the future? You have handed over the power, and you still want to be the emperor?"
Zhang Chaoyang said angrily: "I don't have time to talk to you, such a big matter, why didn't you tell me in advance, let's discuss it."
Zhou Buqi said: "Didn't I say it a long time ago, Changyou will focus on developing overseas markets and focus on the mobile game business."
Zhang Chaoyang said with a wry smile: "Then I didn't expect you to be so big! Changyou's account has a total of 30 billion US dollars, how are you, you just put it all in?"
"What do you mean, why put the money in the bank?" Zhou Buqi curled his lips, "If you don't invest, why don't you keep it for interest?"
Zhang Chaoyang frowned, "It's too risky for you to do this."
Zhou Buqi said: "The risk is a bit high, but as long as it succeeds, the future benefits will be even greater."
Zhang Chaoyang asked: "What if it fails?"
Zhou Buqi looked very indifferent, "If you fail, you will fail. It is better to fail than to make small troubles."
Zhang Chaoyang almost died of anger, "Why are you so foolish?"
Zhou Buqi snorted, and said lightly: "First of all, the decision I make will not go wrong. The next two or three years will be the best time for Changyou to grow wildly! If you catch it, Changyou will be the global leader in the mobile game market .Secondly, Lao Zhang, you have to understand that I am different from you. My fame and social status have put me there, and I can’t withdraw even if I want to.”
Zhang Chaoyang said: "No one will make you retreat."
Zhou Buqi said: "Sailing against the current, if you don't advance, you will retreat. For me, if you advance slowly, you will retreat!"
"you……"
Zhang Chaoyang was so angry that he couldn't speak, he felt that this kid's tone was too loud and arrogant.
Zhou Buqi was very calm, and said with a sigh: "Old Zhang, your position is too low, and you may not be able to understand my current situation. I will give you a few years, and you should think about it when you go back. You must learn to think differently, and don't always limit yourself. In your own little world."
Zhang Chaoyang was numb.
He stared blankly at him.
Looking at this kid's serious appearance, it doesn't look like a joke, is he crazy?I still use you to teach me?
However, these words really have some effect.
Let Lao Zhang find a new perspective to look at the problem.
It really makes sense!
Zhou Buqi is now a world-class entrepreneur, and his reputation in the IT industry is no worse than that of Bill Gates, Jobs, Larry Ellison, and Mark Zuckerberg.
He personally entered the game industry, which is a big event that can shake the global game industry!
After Changyou's general meeting of shareholders, game stocks around the world are boiling, and almost all of them are soaring.
In the current period when the game industry is sluggish and confused, both practitioners in the game industry and the capital market are full of expectations for Zhou Buqi.
I hope he can be like Apple's Jobs, who ascended to the top and took the stage to change the face of the notebook, walkman and mobile phone industries.
In many stagnant industries, only such epoch-making entrepreneurs appear, and the changes they make can bring a new look, new pattern, and new vitality to the industry.
Now, the focus of the global game industry is on Zhou Buqi.
If he just develops in a mediocre and steady manner, it will certainly be stable for Changyou, and the stock price can rise slowly... But this will definitely disappoint the big industry and big capital.
Small fights, really lack the demeanor that a big entrepreneur should have.
After Jobs returned to Apple that year, he cut melons and cut vegetables like cutting melons and vegetables. He cut off more than a dozen business lines of Apple.
The higher the status and prestige, the greater the expectations.
Either Zhou Buqi will not personally come down to become the chairman of Changyou, since he has become the chairman, he must make some big changes in the game industry!
This is in line with his current status.
Coincidentally, there is such an opportunity now!
It is an era of unified transition from PC games, TV games, and handheld games to mobile games.
Mobile games are the future!
Zhou Buqi leads Changyou and colleagues in the global game industry to stride forward together to welcome the new era of the mobile game world!His boss Zhou is the leader of the era of change!
If it weren't for such an opportunity to become a "leading figure", Zhou Buqi would not have stepped down to take charge of Changyou.
Making money is a secondary position.
At Zhou Buqi's current level, he has reached the transition stage from making money to earning fame.
(End of this chapter)
In fact, in the past period of time, Zhou Buqi has been laying the groundwork, explaining his development ideas for Changyou to several key figures.But now that the original shape is revealed, it is still a bit shocking.
Everyone understands what he means by this "barbaric growth".
To put it bluntly, it is blind expansion!Overextended!
There are really too many companies that have caused the company to fall into operational crisis or even go bankrupt due to over-expansion, and it is a must-tell case in almost all business courses.
It is a negative tutorial.
For example, Claiborne in the United States was originally a thriving women's clothing brand company, but later developed excessive diversification, which caused the company's managers to fail to grasp the core products, and a large number of products that did not meet market demand appeared, prompting many customers to move to the company. Love is not in love, which leads the company into crisis.
Another example is South Korea's Daewoo Group, which was once known as the "Kim Yuzhong Myth". Acquisition of a foreign company.Then it fell into a debt crisis, the tall buildings collapsed, and finally it could only produce some low-end Daewoo cars.
Another example is the domestic Wugu Daochang, Huiyuan, Vancl, Sanjiu Group, etc., because of blind expansion, companies that were originally thriving and promising quickly moved to the edge of the market.
Be vigilant!
Seeing that the situation is a bit out of control.
Alex Jones, the director representing Ziweixing International, coughed his throat and said in a serious tone: "Rapid growth is a kind of human nature, and entrepreneurs are a typical type of impatient people. It is IT This is especially true in the field, where everyone wants to win the market and change the world.”
Zhou Buqi nodded, "Yes, commercial companies can only change the world if they win the market."
Jones said in a deep voice: "Just in August this year, researchers from Berkeley and Stanford University analyzed 8 Internet companies in Silicon Valley that were originally high-growth, promising, but later failed. The survey data showed that 3200% Companies fail by scaling prematurely. If you rush to expand without building a solid foundation, you will end up in despair and failure.”
This time, it was useless for Boss Zhou to speak.
Guo Pengfei came to express his opinion, "You are talking about premature expansion. Changyou's foundation is not bad. This data does not explain anything. There are many cases of companies failing due to over-expansion, and there are also many cases of companies failing due to over-conservatism! Sohu back then It is the largest Internet company in China, but now it is marginalized, and a large part of the reason is that the expansion is too slow.”
Zhang Chaoyang almost died of anger.
I thought that this kid must have done it on purpose, seeing that Zhou Buqi was questioned by the directors headed by him at the first meeting of the board of directors, and he was fighting for injustice.
However, it is not unreasonable for this kid to be angry.
It was the first time that the board of directors was so disrespectful, and I was really sorry.
Questioning is right, but questioning has a fart!
That is to say, these foreigners may not understand the situation very well, Zhou Buqi has already decided something, who would dare to object?It's useless to oppose, you have to implement it!
Zhang Chaoyang also had this realization. He felt that he could no longer be the leading figure in the opposition, otherwise he would disturb the atmosphere of the board of directors and even shake Zhou Buqi's authority.
Lao Zhang quickly stated his position and said in a relaxed tone: "JD can surpass Dangdang because Dangdang's strategy is too conservative and its expansion speed is too slow, which gives JD the opportunity to catch up from behind. There are also Gome and Suning in the past few years. , they also implemented the strategy of rapid expansion at that time, which was greatly questioned. In fact, they all succeeded and became the chain giants in the country. Barbaric growth means increasing leverage, which is extremely risky, but as long as they succeed, they can get Several times the fruits of victory."
Guo Pengfei glanced at him, his face brightened a bit.
In fact, his attitude is also ambiguous.
He is not familiar with the game business, so going to overseas markets to make waves... The risk is too great.
However, seeing Boss Zhou's firm attitude, there is no need to hesitate.
Just support him!
Ziwei Star has developed so rapidly in recent years, in fact, it has been on the path of brutal expansion, and has been in the process of high-risk growth and expansion.
Then, it will become more and more successful, and the fruits of victory will become bigger and bigger.
In Guo Pengfei's view, shut up if you don't understand, no one has the right to question it.Unless Boss Zhou himself is ambiguous and needs everyone's opinions, then everyone will brainstorm again.Once he has made up his mind, then don't waste time talking nonsense, just do what he wants!
Zhou Buqi remained calm and did not speak.
Zhang Chaoyang secretly sighed, thinking that this kid is quite tempered, so he took the initiative to take over the task of presiding over the board of directors, and said with a smile: "The discussion is over, let's vote? Raise your hand in support of Chairman Zhou Buqi."
He was the first to raise his hand when he finished speaking.
Guo Pengfei and Ren Yuxin followed closely behind.
Then, raise your hands one by one.
In the end, only Zhou Buqi was left sitting on Mount Tai without raising his hand, and the other eight directors present all raised their hands in agreement with his "barbaric growth" plan.
Only then did Zhou Buqi smile, and made a final decision, "Then do it this way!"
……
Although Zhang Chaoyang raised his hands to support him, he was actually reluctant. After the meeting, he took Zhou Buqi to the office and said worriedly, "Is this really the case?"
Zhou Buqi looked at him strangely, "Didn't you all vote?"
Zhang Chaoyang said angrily: "I'm giving you face, I can't object to you at the first meeting of the board of directors, right?"
Zhou Buqi opened his eyes wide, "What do you mean? The board of directors didn't object the first time, but they will object in the future? You have handed over the power, and you still want to be the emperor?"
Zhang Chaoyang said angrily: "I don't have time to talk to you, such a big matter, why didn't you tell me in advance, let's discuss it."
Zhou Buqi said: "Didn't I say it a long time ago, Changyou will focus on developing overseas markets and focus on the mobile game business."
Zhang Chaoyang said with a wry smile: "Then I didn't expect you to be so big! Changyou's account has a total of 30 billion US dollars, how are you, you just put it all in?"
"What do you mean, why put the money in the bank?" Zhou Buqi curled his lips, "If you don't invest, why don't you keep it for interest?"
Zhang Chaoyang frowned, "It's too risky for you to do this."
Zhou Buqi said: "The risk is a bit high, but as long as it succeeds, the future benefits will be even greater."
Zhang Chaoyang asked: "What if it fails?"
Zhou Buqi looked very indifferent, "If you fail, you will fail. It is better to fail than to make small troubles."
Zhang Chaoyang almost died of anger, "Why are you so foolish?"
Zhou Buqi snorted, and said lightly: "First of all, the decision I make will not go wrong. The next two or three years will be the best time for Changyou to grow wildly! If you catch it, Changyou will be the global leader in the mobile game market .Secondly, Lao Zhang, you have to understand that I am different from you. My fame and social status have put me there, and I can’t withdraw even if I want to.”
Zhang Chaoyang said: "No one will make you retreat."
Zhou Buqi said: "Sailing against the current, if you don't advance, you will retreat. For me, if you advance slowly, you will retreat!"
"you……"
Zhang Chaoyang was so angry that he couldn't speak, he felt that this kid's tone was too loud and arrogant.
Zhou Buqi was very calm, and said with a sigh: "Old Zhang, your position is too low, and you may not be able to understand my current situation. I will give you a few years, and you should think about it when you go back. You must learn to think differently, and don't always limit yourself. In your own little world."
Zhang Chaoyang was numb.
He stared blankly at him.
Looking at this kid's serious appearance, it doesn't look like a joke, is he crazy?I still use you to teach me?
However, these words really have some effect.
Let Lao Zhang find a new perspective to look at the problem.
It really makes sense!
Zhou Buqi is now a world-class entrepreneur, and his reputation in the IT industry is no worse than that of Bill Gates, Jobs, Larry Ellison, and Mark Zuckerberg.
He personally entered the game industry, which is a big event that can shake the global game industry!
After Changyou's general meeting of shareholders, game stocks around the world are boiling, and almost all of them are soaring.
In the current period when the game industry is sluggish and confused, both practitioners in the game industry and the capital market are full of expectations for Zhou Buqi.
I hope he can be like Apple's Jobs, who ascended to the top and took the stage to change the face of the notebook, walkman and mobile phone industries.
In many stagnant industries, only such epoch-making entrepreneurs appear, and the changes they make can bring a new look, new pattern, and new vitality to the industry.
Now, the focus of the global game industry is on Zhou Buqi.
If he just develops in a mediocre and steady manner, it will certainly be stable for Changyou, and the stock price can rise slowly... But this will definitely disappoint the big industry and big capital.
Small fights, really lack the demeanor that a big entrepreneur should have.
After Jobs returned to Apple that year, he cut melons and cut vegetables like cutting melons and vegetables. He cut off more than a dozen business lines of Apple.
The higher the status and prestige, the greater the expectations.
Either Zhou Buqi will not personally come down to become the chairman of Changyou, since he has become the chairman, he must make some big changes in the game industry!
This is in line with his current status.
Coincidentally, there is such an opportunity now!
It is an era of unified transition from PC games, TV games, and handheld games to mobile games.
Mobile games are the future!
Zhou Buqi leads Changyou and colleagues in the global game industry to stride forward together to welcome the new era of the mobile game world!His boss Zhou is the leader of the era of change!
If it weren't for such an opportunity to become a "leading figure", Zhou Buqi would not have stepped down to take charge of Changyou.
Making money is a secondary position.
At Zhou Buqi's current level, he has reached the transition stage from making money to earning fame.
(End of this chapter)
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