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For Li Ka-shing, we don’t need any extra introduction, but directly present the top ten secrets of success for everyone to recall! China wholesale high precision custom machine shop capabilities
01 No delay
Li Ka-shing’s office furnishings are very simple, and there is not a single piece of paper on the desktop, because for many years he has insisted that “today’s affairs are completed today”.
02 Diligence and self-discipline
85-year-old Li Ka-shing has maintained two habits since he started his business in his early years: one is to read books before going to bed, and he will focus on reading non-professional books. Second, after dinner, you must watch English TV for ten or twenty minutes.
Regarding work habits, the most famous detail is Li Ka-shing’s work and rest time: no matter what time he goes to bed, he must get up at 5:59 in the morning after the alarm rings. Afterwards, he listens to the news, plays golf for an hour and a half, and heads to the office.
03 Know how to control your emotions
People who are familiar with Li Ka-shing often say that they cannot understand him. He is almost never angry, and he always has a standard smiling face when he sees everyone.
“Has he really never been angry? Will he be sad because of something? Has he lost his temper?” Faced with this series of questions, several subordinates who have worked with Li Ka-shing for more than ten years looked confused. After thinking for a long time, they really recalled Sorry if there was such a scene.
When you asked about Li Ka-shing’s strong side, one of the senior executives who had followed Li Ka-shing for more than 20 years asked back: How do you define strength? China wholesale high precision custom machine shop capabilities
In her impression over the years, Li is very quick to make decisions, but he is not an aggressive person. He is very good at listening to his subordinates, “If you are right, he will listen to you instead of insisting on his.”
In the eyes of this subordinate, Li Ka-shing is actually a very emotional person, but what makes him different is that he knows how to control his emotions.
04 Broad-minded
A reporter who interviewed Li Ka-shing wrote: Li Ka-shing’s big heart—the acquisition of Hutchison Whampoa has been kept secret, even his wife doesn’t know, and everything is calculated by himself—it is supported: Raising a family, being poor… When a person goes through all these challenges at the age of 15 or so without being overwhelmed, there is nothing he cannot bear.
05 Control risks
In order to tell his children and grandchildren what the risk is, Li Ka-shing even spent 8,000 US dollars to print four AIG stocks. He framed this stock, marked the story of the bankruptcy of the world’s largest insurance company in the financial crisis, and wrote “Use this as a lesson to warn the future”. Interestingly, his grandchildren were only a few years old at this time.
06 Treat everyone with respect
“build on respect”. An executive next to Li Ka-shing blurted out.
According to the executives around Li Ka-shing, respect for everyone is the core culture of Li Ka-shing’s company, and it is also the secret of its ability to gallop around the world for so many years. “Everyone has a lot of choices, why should I follow you? You give me a lot of money, but you need to sacrifice my dignity, I will not follow you; but if you respect me because of my ability, give me space and a stage, I will Will definitely follow you.”
A fact that can be proved is that in Li Ka-shing’s companies, the turnover rate of employees is usually very low. Most of the employees have worked with Li for several years. Of course, many foreigners are included here. “They can stay because of this (Be respected).” China wholesale high precision custom machine shop capabilities
In interviews with reporters from Southern Weekend, Li Ka-shing showed this point everywhere. Li listened carefully to everyone’s questions, fearing that he might not answer clearly, so he made an appointment to conduct an interview in Mandarin, and Li continued to use Mandarin, although Chaozhou dialect was more comfortable for him. Li will take care of everyone’s feelings. When listening to questions, he concentrates like a primary school student; when answering, he will definitely look at the other party.
Lee sent out a business card to everyone, but by the time it was the photographer’s turn, they ran out. Surprisingly, in the middle of the interview, Li suddenly asked for a photo from his assistant in the distance and supplied it to the photographer. His actions are so natural.
07 Prepare for a rainy day
A real estate agent told a reporter from Southern Weekly that the most admirable thing about Li is not his success in Hong Kong, but his success in the world. As a businessman, he lamented that in Hong Kong, a tiny place, there are many successful businessmen, but once they embarked on the road of internationalization, many of them failed because they did not adapt.
According to executives, as early as many years ago, Li did not care about the specific business, and his time and energy were basically spent on “fixing coordinates”.
For example, the debt ratio. Li Ka-shing’s control of this indicator is almost paranoid. He often said: “When there is a drought, you must prepare a boat to wait for the flood; when it is flooded, you must prepare a car to wait for the drought. Even if a company is profitable, it can go bankrupt. If a company’s cash flow is positive, it is not easy to go bankrupt.”
Li Ka-shing told the Southern Weekly reporter that Cheung Kong’s debt ratio in 2013 was 4%, Hutchison’s was 21%, and Husky, located in Canada, had a debt ratio of only 12%. Li is very proud of this, “I have been in business since 1950, and I have always been very careful about debts and loans. Although I have experienced many ups and downs, I have come all the way.”
People familiar with Li Ka-shing said that he is a person with a strong sense of crisis. He spends 90% of his time thinking about the future. He always creates the company’s adversity in his heart, keeps asking himself questions, and then comes up with a solution to the problem, “When the crisis comes, he is ready.” China wholesale high precision custom machine shop capabilities
A widely spread fact is that before the financial crisis broke out in 2008, Li Ka-shing had accurately foreseen it and made preparations for it. When the crisis came, the group was not only safe and sound, but also gained opportunities for expansion.
08 Leadership temperament
Li Ka-shing does not want others to call him the boss, he prefers to demand himself as a “leader”. “Generally speaking, being a boss is much simpler. Your power mainly comes from your status. This may be due to fate or your hard work and professional knowledge. Being a leader is more complicated. Your power comes from human nature.” Charm and appeal.”
In an interview, Li Zeng answered himself in this way: “To be a successful manager, attitude is as important as ability. A leader leads everyone and motivates others to consciously and willingly work hard; a boss only knows how to dominate everyone and make others feel small.”
09 Attention to detail
Ms. Luo Huifang, who is in charge of the specific projects of the Li Ka Shing Foundation, told the Southern Weekly reporter that for a medical project they are working on, Li is very clear about every data. He even made phone calls to conduct random checks. Once, one of the patients received a call from Hong Kong, and the other party said “I am Li Ka-shing”, which shocked him.
“Many people now only know that Mr. Li is a rich man, but they forget that he was born in a factory.” A subordinate who has followed Li Ka-shing for more than ten years told the Southern Weekly reporter that this is another code to interpret Li Ka-shing.
“People who work in factories are very strict with details. Li Ka-shing started to make watch straps, and later made plastic flowers, all of which require a good grasp of details.” According to the executive, even now, Li still has a factory feeling. When I got a cup, I picked it up and studied how to do it.
10 genuine
“Li Ka-shing found a dictionary just like that, and just dealt with the world like this.” The friend said that Li’s principle runs through almost all the time—it’s the same with being a human being. China wholesale high precision custom machine shop capabilities
Among the businessmen of Li Ka-shing’s contemporaries, many of them fell into the most difficult relationship between politics and business, but Li has never been troubled by it. “His attitude towards officials is also consistent. No matter what happens, others will know how Li Ka-shing will react, so he will not make things difficult for him.” This friend analyzed that Li is very principled, which makes him very popular in political circles. He also won the respect of many people. In dealing with political and business relations, Li Zeng set himself a nine-character motto: tell the truth, do practical things, and make contributions.
Life credo
The most eye-catching thing in Li’s office is the poem written by Zuo Zongtang, a Confucianist in the Qing Dynasty, in the Meiyuan Garden in Wuxi, Jiangsu: “Send the highest wish, form a middle-level relationship, and enjoy the lowest blessing; choose a high place to stand, find a flat place to live, and seek a wide place.” OK.” China wholesale high precision custom machine shop capabilities