机车美女

The overall picture across China has basically been settled. The future is no longer an era when anyone can start a business from scratch. Let me give you an example, and you’ll all understand. Friends, you’ve traveled to many countries around the world. Have you ever seen a developed country with as many small and medium-sized private businesses everywhere as we have? Or a developed country where people are constantly renovating, building, demolishing, and rebuilding, as they do here? You rarely see this kind of thing abroad. Have you been to France or Germany? If a corner of a window is broken there, you could go back ten years later as a tourist, and that broken corner would still be there. But look at China: if you don’t return to your hometown for three years, you might not even be able to find your front door. The road outside has been rerouted, the place renovated, and the roads repaved. Bridges are being built, and everything is being refurbished. That’s perfectly normal. China is developing incredibly fast. Take a look around the United States, Japan, or Europe: dilapidated houses by the roadside in small towns can sit there for ten or twenty years, and nobody does anything about them. To put it bluntly, if we took a taxi to Britain or France now, their train stations would stink to high heaven. They smell like the old-fashioned green trains we used to have. But don’t forget: we may be going full speed today, but what about the future? If we can’t afford to repair our houses thirty years from now, can you imagine what they’ll look like? Then you’ll understand why American airports and train stations are so run-down today. Decades ago, they renovated their entire country, too. They just did it more slowly than we have. It took them two hundred years; we did it in thirty. But don’t forget: once society enters a low-margin era and growth drops from double digits to single digits, where will there be spare money to repair houses? So take my advice: don’t get into real estate right now. The best business in the future will actually be home repairs. There’s plenty of business in that field right now. But building new developments is currently the riskiest thing you can do. Look at Shenzhen: apartments aren’t selling, and many projects are left hanging in limbo. They could very well turn into unfinished buildings. Future businesses will succeed through meticulous planning, not by doing things haphazardly. In the past, we used to run companies by muddling through, just seeing where things took us. We were like a blind man leading a donkey, letting it go wherever it wanted. You could make a product and get rich, or start a project and make a fortune. Back then, if you were bold, shrewd, and shameless, anyone could be a boss. But the future won’t be like that at all. The barriers to starting a business will be extremely high. You’ll need deep pockets and a sharp mind, strong resources and connections, and exceptional people skills. You’ll need to be good at everything to be suited to entrepreneurship; lacking even one of these things will make it very difficult. The logic behind all this is really a shift in the stage of development. We’ve covered in thirty years the ground others covered in two hundred, and this kind of compressed development inevitably brings its aftereffects. When the era of growth runs out, the era of competing for existing market share begins. In the past, we grabbed territory; now, we have to cultivate it carefully. In the past, success depended on guts; now, it depends on brains. In the past, it depended on information gaps; now, it depends on expertise. In the past, it depended on luck; now, it depends on ability. This isn’t alarmism; it’s simply how the economy works. Look at the market today—isn’t the competition getting fiercer and fiercer? You used to be able to open any shop and make money. Now, if the decor isn’t good, nobody even walks in.