Tai-Ming Gou was little-known in Taiwan 20 years ago, and the scale of his company was not even that of Taiwan's top 1,000 manufacturing industry; but now he is the most powerful and powerful richest man in technology in Taiwan, with companies under his control all over the world. Europe and America. He is Terry Gou, the boss of Hon Hai Group, Taiwan’s largest technology conglomerate. Regarding the growth process of Hon Hai, Terry Gou once said: "The reason why the sacred tree in Alishan (the most famous scenery in Taiwan) is big was determined 4,000 years ago when the seeds fell into the soil. It was definitely not something that was known 4,000 years later." . "Looking back at Hon Hai's growth process, I think only Terry Gou himself can understand the ups and downs. Terry Gou was born in 1950 and is the eldest son in his family. Due to his poor family background, Gou entered Taiwan's "China Maritime College" in 1966 and completed his studies on a part-time basis. After completing his military service, Gou worked as a salesman at Fuxing Shipping Company. In February 1973, Terry Gou invested NT$100,000 and founded Hon Hai Plastics Enterprise Co., Ltd. in Taipei County with his friends to produce plastic products. However, within one year, due to poor management, the original shareholders exited one by one, and the company became a wholly-owned company owned by Terry Gou. At that time, black and white TVs had just emerged in Taiwan, and Terry Gou started by making buttons for selecting channels for black and white TVs. At this time, Hon Hai was just a small company with a scale of only NT$300,000 and only 15 employees. In 1975, the name was changed to Hon Hai Industrial Co., Ltd. In 1977, the company began to turn losses into profits. Terry Gou immediately purchased equipment from Japan to establish a mold factory, laying the foundation for future development. Later, he successively invested in the establishment of electroplating departments and stamping plants. In the 1980s, the world entered the era of personal computers. Terry Gou relied on his mature mold technology to focus on connectors, casings and other products, and pursued a competitive strategy of "large quantity, low price" to quickly occupy the market. In 1982, the company was renamed "Hon Hai Precision Industry Co., Ltd." and Guo continued to invest 16 million yuan into the field of computer cable assembly. In 1985, Guo established a branch in the United States, began to develop markets outside Taiwan, and created the "FOXCONN" brand. So far, Terry Gou has successfully built his "connector kingdom". Starting from scratch, he has big goals and acts vigorously and with clear rewards and punishments. Since the founding of Hon Hai, Gou's goal has been very clear, which is to become the first in Taiwan, the first in Asia, and the first in the world. To achieve this ambitious goal, he created his own business philosophy. Terry Gou called Hon Hai "fourth-rate talent, third-rate management, second-rate equipment, and first-rate customers." The first thing he has to do is to choose customers. In order to achieve his goal, he once drove his own car in the United States, stayed in motels for $12 a day, traveled to 32 of the 52 states in the United States, and did business with the world's major manufacturers. Since entering the field of personal computers, Hon Hai's customers have targeted leading international manufacturers such as IBM, Intel, Compaq, and Dell. In order to get an order from Compaq, Terry Gou simply invested in a molding machine factory next to Compaq's headquarters. As long as Compaq had a new design, he could see the model on the same day, and finally obtained a long-term order from Compaq. In order to consolidate the relationship with these large manufacturers, Terry Gou insists not to be his own brand, but only a parts supplier. It can be said that it is the orders from these major manufacturers that have made Hon Hai what it is today. It is said that one in every five computers in the world is equipped with a Hon Hai product. But just having customers is not enough. What Gou relies on is his own hard work. Since starting his own business, he has been an out-and-out workaholic. Terry Gou believes that he should be the first one to go to work and the last one to get off work, so he insists on working at least 15 hours a day. Even if he gets off the plane at night, he will rush to the company immediately, and it is common for him to work overtime until midnight. "Putting improving customer service capabilities first" is the factory motto that Hon Hai employees always keep in mind, and it is also the secret to Hon Hai's successful development. In order to survive and develop in the highly competitive world high-tech industry, Terry Gou created the CMM operation method, starting from the assembly of "self-made parts, parts modularization, and rapid logistics", plus the e-information flow to connect global customers. In order to achieve the realm of "accurate delivery, good quality and low cost". In terms of business management, Terry Gou runs a factory like an army, attaching great importance to discipline and paying attention to details. Terry Gou’s mantra in terms of employment is: “Whether high-tech or low-tech, whatever makes money is good technology.” In order to obtain a high rate of return, he hired people based on their talents and provided clear rewards and punishments. Terry Gou has never been stingy and given huge bonuses to outstanding employees and technical backbones.
In recent years, the total value of prizes provided by Terry Gou during the annual Hon Hai employee gathering at the end of each year has reached hundreds of millions of NT dollars, with the top prize reaching tens of millions of dollars. But he treats his competitors as enemies. No wonder the Taiwanese technology community calls him a "hero". Therefore, although Hon Hai Group’s share placement dividends have remained high in recent years, and Terry Gou has become an enthusiastic target of shareholders, Gou and Hon Hai have always been included in the ranks of “poor image”. As the president and chairman of a world-class enterprise, Mr. Guo faces fierce market competition. Planning and strategizing all day long, busy with business. However, no matter where he travels, no matter where he travels, no matter where he travels, no matter where he travels, his nostalgia will never end and his sincerity will remain the same. In order to change the remote and isolated natural environment of my hometown and promote economic development. Over the years, Mr. Guo has generously donated more than 17 million yuan to build "Wanfang Bridge", "Niutu Road", "Fujin Bridge", "Gewan Primary School" and "Fukang New Excellent Fruit Demonstration Park" for his hometown. The economic and social development has injected strong vitality. All the fellow villagers clapped their hands and praised him. It has been 30 years since Mr. Guo started his business with bare hands. The company's assets have increased from the initial 300,000 yuan to a market value of 300 billion yuan (NT$), a million-fold increase. His personal worth has already reached 2.3 billion US dollars. However, Mr. Guo's hard-working nature has never changed, and he is famous in the business world for his "picking". Mr. Guo said: I will not spend money on personal enjoyment... I am more interested in investing money in areas that benefit the public... In the past few years, Mr. Guo has donated more than 80 million yuan to the province, city, county and township for education, helping the disabled, building roads, drinking water to relieve poverty, and fighting SARS. His sentiment and character are respected by the world. As a poet from his hometown once wrote: "A proud son is the glory of his hometown, and his majestic achievements make the sea famous." Terry Gou, born in 1950, is a native of Gewan Village, Nanling Township, Zezhou County, Shanxi Province. He founded "Hon Hai" in Taiwan in 1974 "Foxconn Enterprise Group" was founded in mainland China in 1988. It has more than 100,000 employees and branches all over the world. In 2000, he was shortlisted for "The Most Admired Entrepreneurs by Entrepreneurs" by "World" magazine; in June 2001, he was listed among the "World's Most Admired Entrepreneurs" by the world's authoritative "Forbes" magazine; and 4 times He has been ranked as "Taiwan's richest man in science and technology" for consecutive years; in 2002, he was selected as the third among the "Top 100 High-tech Companies" by the US Business Weekly; in 2002, he ranked first among Chinese enterprises in exports. As the president and chairman of a world-class enterprise, Mr. Guo faces fierce market competition. Planning and strategizing all day long, busy with business. However, no matter where he travels, no matter where he travels, no matter where he travels, no matter where he travels, his nostalgia will never end and his sincerity will remain the same. In order to change the remote and isolated natural environment of my hometown and promote economic development. Over the years, Mr. Guo has generously donated more than 17 million yuan to build "Wanfang Bridge", "Niutu Road", "Fujin Bridge", "Gewan Primary School" and "Fukang New Excellent Fruit Demonstration Park" for his hometown. The economic and social development has injected strong vitality. All the fellow villagers clapped their hands and praised him. It has been 30 years since Mr. Guo started his business with bare hands. The company's assets have increased from the initial 300,000 yuan to a market value of 300 billion yuan (NT$), a million-fold increase. His personal worth has already reached 2.3 billion US dollars. However, Mr. Guo's hard-working nature has never changed, and he is famous in the business world for his "picking". Mr. Guo said: I will not spend money on personal enjoyment... I am more interested in investing money in areas that benefit the public... In the past few years, Mr. Guo has donated more than 80 million yuan to the province, city, county and township for education, helping the disabled, building roads, drinking water to relieve poverty, and fighting SARS. His sentiment and character are respected by the world. As a poet from his hometown wrote: "A proud son is the glory of his hometown, and his majestic achievements make the mountains and rivers famous." The top ten economic figures in 2006---Shen Nanpeng because of the listing of Home Inn on NASDAQ on October 26 Listed, Shen Nanpeng once again became the focus of the year. Previously, in December 2003, when Shen Nanpeng rang the opening bell of Ctrip.com as the founder of Ctrip, he had already attracted the attention of the Chinese IT and VC circles. The difference is that after scoring twice this time, his identity has quietly become the China partner of Sequoia Capital, the world's largest VC. In fact, since Shen Nanpeng and Zhang Fan (formerly director of DFJ Global Fund) founded Sequoia China in September 2005 and obtained local decision-making and management rights, Sequoia has not only invested in new Internet industries, such as Qihoo. , Youshi.com, 51.com, etc., in just over a year, they have also made extensive bets in TMT (technology, media, telecommunications), agriculture, insurance, animation, welfare lottery and other industries.
So far, Sequoia has invested in 20 companies, including Asia Media, Li Nong Group, and Hunan Hongmeng, a cartoon company that Sequoia recently invested US$7.5 million in. It is believed that after Qihoo.com received a second round of financing of US$35 million, UTV invested by Sequoia China will also receive a second round of financing totaling US$20 million in the near future. The 39-year-old Shen Nanpeng graduated from Shanghai Jiao Tong University (undergraduate) and Yale University (Master of Business School). He was a well-known mathematics competition champion in high school. He was the chairman of the student union of Shanghai Jiao Tong University during college. Later, he worked at Deutsche Bank, He has worked in the investment banking departments of Citibank and other institutions for more than 8 years. In 1999, he, Liang Jianzhang and others founded Ctrip with 2 million yuan, and he served as president and chief financial officer. Currently, in addition to being the founder and leader of Sequoia China, he is also the founder and co-chairman of Home Inns, and a personal investor and director of Focus Media.