Why are many big companies going downhill now?

People engaged in business management have a lot of troubles, and I have a deep understanding. In particular, there are many situations around that have nothing to consult, and even if someone asks, it may not be trustworthy. Therefore, it is very important for managers to learn some modern business practices and refer to the experience of foreign entrepreneurs.

However, people often make a mistake, that is, the more successful and famous a person is, the more trustworthy his words are. This is why people are so easily fooled by the so-called "Buffett theory" when trading stocks. To tell the truth, if Buffett and our retail investors were under the same conditions, he could not have achieved such a rate of return. Buffett's real strength is something that others can't do, and he doesn't want to announce it to the outside world.

So Buffett lied? That's not right either. Buffett is still a man with a conscience. At least he didn't write a book. He regarded himself as a "stock god". He just didn't say anything.

However, a living person, through his own writings and lectures, spreads his own management way everywhere, even deviating far away. It's a bit unnatural to talk about philosophy and life.

One of the important reasons why I was able to start a business in Japan and go public within eight years was that I discovered the fallacies of famous Japanese entrepreneurs and their high-profile and hypocrisy very early.

Operators don't need to be teachers, which is impossible and unnecessary. We should recognize the personality of staff and subordinates, who can be much higher than us in personality. I know many founders of Japanese companies and many founders of Chinese companies. They are very successful, but I must tell you one thing. They are not great, they are ordinary, but suffering has tempered them and made them broader than others.

If a person doesn't hone himself, the more books he reads, the more burdens he has. If you practice and undertake bravely, you will encounter many troubles and pains that cannot be answered in books. At that time, you will naturally find that the words that make your eyes shine are often not from celebrities, especially those books enthusiastically recommended by commercial organizations.