Feng Jiaquan was born in a complicated family. His father has three wives and thirteen children, and he often moves between three families. Feng's mother often worries about Feng Jiaquan's position in the family and often compares him with other brothers. This comparison made Feng Jiaquan smart, sensitive, self-respecting and competitive since childhood, and developed an indomitable character. In junior high school, he gave Chinese lessons to primary school students, and his salary was higher than that of the principal at that time. At the age of 20, he was admitted to the top national university in Singapore to study business administration by studying the law of college entrance examination proposition with excellent results.
Perhaps it is this indomitable character and his understanding that make him go forward after setbacks and achieve a different life.
Feng Jiaquan was only 16 years old when he started his business, which is equivalent to our junior high school graduates. He contracted a handbag business. He gave the product to a printer close to his father for printing, but it was rejected, so his mother paid tens of thousands of Singapore dollars. Feng Jiaquan seriously reviews himself and cannot believe in nepotism, which is the strict discipline of his future company operation.
/kloc-the failure of 0/6 years old did not leave a shadow on Feng Jiaquan, but gave him a meaningful lesson. At the age of 20, when Feng Fu solemnly introduced his son as a college student in a top university, Feng Jiaquan dropped out of school to start a business. This is a successful venture. At the best of times, his products were used all over Singapore. Finally, the venture ended in failure because the partners misappropriated funds. Feng Jiaquan summed up the experience of failure, found his own reasons, and found that his strength was sales rather than management, which provided valuable experience for the management and operation of the company in the future.
Feng Jiaquan's experience of two failures in his early years is not only precious to him, but also strengthens his courage to challenge life. For Feng Jiaquan, who followed his father in plate making and bronzing at the age of 6, the most familiar industry is printing, and he decided to show his skill in this industry. He summed up his father's business process: the advertising company designed, the printing company printed, and after the printing, it was his turn to produce cartons, and the profit was meager. Why not set up a company to do all the pre-printing, printing, post-printing and even delivery services? This idea eventually led to "one-stop" printing. Then, Feng Jiaquan set up a printing mode-set up a printing post near the customer to provide design, translation and proofing services for the customer. This not only expanded his profit range, but also greatly improved the printing speed and made it convenient for customers. By the 1980s, the fast printing group founded by Feng Jiaquan had occupied 95% of the financial printing market in Singapore. He succeeded again.
1999, the global Internet boom. Despite his opposition, he renamed the company "Yitong Network International Co., Ltd." and entered the network. At that time, Feng Jiaquan's worth soared to S $800 million, ranking first in Singapore's rich list 10. However, like other Internet companies, "One Finger Connect" also suffered the cold current of the Internet in 2000. Its share price has shrunk rapidly, and Feng Jiaquan is in debt of hundreds of millions. From the peak to the bottom of his career, he had to sell his house, car and other debts that could be sold. He suggested that the board of directors of the company should close the "one-stop" and expand the printing industry to the mainland of China where the market economy has reached a certain scale. However, the directors of the company were skeptical, so Feng Jiaquan resigned, quit the express printing group he founded and went to Chinese mainland alone.
In the mainland, Feng Jiaquan chose a printing factory in Changsha that was on the verge of bankruptcy, working 16 hours a day. With his familiarity with the printing industry, he quickly brought the factory back to life and increased its business volume, making it a printing factory with first-class equipment and high customer resources. Then he went south to Shenzhen and founded a printing station, still aiming at the financial printing market and winning by speed. So far, Yin Su Holdings has set up nine printing stations in China. By 2005, he had paid off huge debts in just four years. In 2006, he returned to Singapore and merged his China business with his Singapore business. Now, he has put the rudder of life on the cusp, and he is still the trendsetter of the times.
As before, Feng Jiaquan summed up the experience from this twists and turns: be calm, don't blindly do things beyond your ability, and find confidence from your familiar fields when you fail. We should keep a warm and positive attitude towards life. Learning from failure can accumulate great wisdom in life. So when someone asks, "What if it fails again?" Feng Jiaquan will say, "There will be no next time."