Wenyuan Kai said,

 Now I change a perspective in terms of that wealth in China is how to Make. We know of enterprises should study business models, such as 500 international, has the world's 500 most competitive SMEs. the U.S. list of the richest in the world, we've got the rich list. I have the most detailed China's richest database of their birth, business reasons, success factors, why do so many rich falling by the wayside, like Mu Qizhong, the richest man in Shenyang, Yang Bin, Shanghai, Zhou Zhengyi, a famous private entrepreneurs in Xinjiang Delong's Tang Wanxin, and Jing Yuan BY. We want to answer a question is wealth, there is no regularity?
I worked on Wall Street three years later, I was basically engaged in the business management consulting investment and financing services to .97 years, 98,99 years, until now, almost a year to visit more than 100 enterprises, over the past decade, I have been to China from 900 to 100 companies. So 9 years, I at least 5000 boss through in-depth exchanges, the annual report to be done between 80 and 100 games, general manager of the audience were entrepreneurs who have twenty thousand level. I face to face interaction entrepreneurs 100000-200000 .97 consulting services since we have had more than 100 companies, I know, and between the rich among them had more than 200 people. I am a Chinese business contact with Regal, one of the largest employers. bedridden into good doctor, any boss that we spend a few hours to your business look, I immediately find your short board. economics has a bucket theory, we have to study construction and decoration industries for sustainable development, we want to understand every entrepreneur to find their own business inside the short board. and found a short board and find a solution to the business will do more to strengthen even more large, otherwise the water will always flow out from inside the short board. companies do not do is this a reason to do it.
I spent two years time to write a new book called China is too important word. We decades, the whole of China from top to bottom, from officials to ordinary people have very little knowledge of wealth, and even a great extreme, even for some time to put the wealth of Chinese society as ignorant the enemy. Cultural Revolution is the way China does not have people use their brains to create wealth, the wealth of images to see the plague, we should eliminate the rich. In the whole society from top to bottom to enhance the understanding of wealth. We are building decoration industry's most This is a great contribution to society is to create great wealth. Your work is beautiful with hundreds of thousands of home decoration and a beautiful house, there is created the wealth. you solve the employment of millions of people. stresses in the end business is to create wealth for society, for enterprises, for themselves and for people to create wealth.
the opposite of poverty but of wealth in turn, called the poor. Our Prime Minister on rural issues cited a Northwestern University, specializing in poor economies the words of Nobel Prize winner scientist .06 Nobel Prize awarded in a poor world's banker. Prime Minister said, to study why many places are still poverty, why are so many poor people. China announced that there are 23 million food and clothing , we can solve the problem of food and clothing to 23 million? our country there are about two hundred million in a relatively poor state. But according to World Bank standards, the World Bank that a person in a family spending $ 1 a day following the international community on the view that the absolute poverty line. According to this standard, China has 100 million today, 5 million more than in this line. So we have to make the central harmonious society. wealth is not shared by all so that the community is also very dangerous. Why is there poverty? have poor? I like the driving tour, I often drive around the country. Last Day to open from Shanxi, Shaanxi, Yan'an, etc., and from northern Shanxi bound for Beijing, after a lot of places along the way to the place where the rich had to have poor areas. to some poor mountain town, we stopped to refuel break, young people will encounter Wutaisancu dementia eyes looking at our cars, why not learn that a number of guys, not working? you stay down with him as a friend he would tell you the truth, I was this one poor life, born in the poor mountain valley, lived a poor life, I just this one life, it is hopeless. like a girl Anhui Most are illiterate, that is, the sheep at home. I asked the kids why not to study some of the sheep. The child said to make money. Why money? will build houses. build houses doing? will marry a young married woman. marry a young married woman doing? future raw baby. Health Wa Why? future sheep. his grandfather's grandfather's grandfather is also a sheep. a thousand years did not change. In our small-scale peasant self-sufficiency in form of a small number of Western Region in China is still a considerable percentage, this time building the new socialist countryside where yo feet foot shop on the road, light a candle this is a difficult task.
us here to consider the fate of the country, the fate of our children how to shepherd a difference? can do two things:
First, forcing them to go to school to middle school. the future we do not spend a penny on them to the middle school. in the future as we have with Germany, not on the Institute of fine, go to school by the state foot the bill. It is not easy, but it is the least we do.
second, the first thing we do a good job, after school, shepherd boy to the path of development that can have a lot, like singing can become a singer, the body can be a good athlete, etc. other.
also get them to work inside the city, we should pay attention to technical training for migrant workers. then they can work all kinds of development. I have a client in Beijing, that is, children sheep origin, tempest steel, was born in Henan, a poor county, before he is to do unskilled laborer in the construction decoration industry, is now the owner of Beijing's largest building villas, built in the home business city, but also twenty million invested in the establishment of a private secondary schools, also developed home tourism industry. He was named in 2006 by farmers in China Daily, the first King of the migrant workers of steel, he built a Lower East Side schools for the children of migrant workers, all of the parents working in Beijing can be delivered to children free of charge training. Australian Ambassador to be there every week to teach English. I say you can arrange a time for me, I'll make a speech, I give you free speech, as your support.
If you have thousands of Wang Gang This, we hope, in rural China, we can eliminate poverty.
my first study of this book is successful, success is an example. I interviewed a lot of people, workers, farmers, ordinary citizens, teachers, business family, government officials, the Public Security Bureau's Procuratorate friends, etc, I have studied China's rich, did not think a lot of people say that China's rich have nothing to study, nothing good in China's richest, they are tax evasion, or even a person that Regal pulled out all the shot. I was shocked, the original Chinese people among the intellectuals have a strong hatred of the rich state of mind now, this is the greatest ideological obstacle to further creation of wealth. Why social crime is very severe, and even the rise of triad also , there are many cases of kidnapping the rich, this mentality and hatred of the rich have a very close relationship. I feel the duty and responsibility to tell the world and a society, China has undergone in the past 30 years, what kind of wealth of myth. China's wealth The most successful group of people what kind of person is worthy of our appreciation, we should follow, should we or should we hate propaganda and attack? This is our next step is to create wealth is very important. we break below! under I will use half of China's most successful case to tell the winners how they kind of sustainable development. We use the case in terms of sustainable development.
host (Wang Zhendong): Let us continue with warm applause Wenyuan Kai gave us a report.
Wenyuan Kai: Thank you, very happy during the break and local associations and big business executives have some exchanges. We are willing to further cooperation and we have the opportunity to promote the construction and decoration industries and enterprises can sustainable development.
of time, I am today to scan the most important elements. Now look at the past few years China's billionaire list. Guangdong has a magazine compiled the top ten billionaires in China, which is a list of time . At that time China's private entrepreneurs, billionaire:
first place was Mr Liu, machinery industry in Sichuan Province, a school teacher in 1982, the sea, to sell his bike, and so done, they do feed Brothers done slowly, and they want to become a group of private enterprises in China feed industry leader. At that time it has a 600 million yuan. In 94 years, 6 billion is a very great number.
second was Zhang Hongwei, he once a mason, he is a farmer of small contractors, but he is very good at learning and motivated young people. He set up a construction company and real estate development company, and later set up a company, and soon became the first Chinese private enterprises to take the World Bank's business. He spent 1 million yuan to buy a thin layer of audit reports, up to now, many employers have no such courage. but there is no audit report, is to believe you. With this audit report to take to the loan, his Eastern bloc into the Shanghai Stock Exchange approved the listing of the first private enterprise to become the largest shareholder of Minsheng Bank, once controlled the Jinzhou Port. all successful people Everyone has his unique success of Department. If we can learn that a good number of unique, your business will also be more successful .94 very exciting in the top ten richest people, including Jiangxi Xi Chang, the farmers, who rely on the completion of the primitive accumulation of charcoal. Now a star in the sky called Zhang Guoxi stars. we hope that our present building decoration industry can not be made to reach the boss in the sky star name. Another is my old friend, the Great Northern Wilderness youth, returned to Beijing later in the Northeast did not jump the queue find a good job down the street electronic form, by the public security authorities arrested over a labor camp, put out to Guangdong after the Zeixinbusi to engage in trading. He spent 4 thousand dollars to buy a drink machine, bar to the Beidaihe, primitive accumulation to This is done. He bought the first car of the Ferrari car. he was ready to market on Wall Street, which is a high school education, when Beijing is a jump the queue so-called educated youth to become the richest man Li Xiaohua.
were born in Hangzhou, there is a After the celebration, he spent eighty thousand dollars to buy a child like the Lord Chancellor, his daughter 24 years old to pick his classes. Of course there are some people out of which a number of issues, such as Mu Qizhong, Kadeer, etc. and so on. big woods, what birds are, what kind of entrepreneurs who have them.
of the Chinese people to understand the so-called rich list thanks to Hoogewerf, the original accounting firm in Shanghai auditors .99 China's rise on the rich to the ranks of wealth. This thing can not do the Chinese people. We are building decoration industry, building decoration industry, ranked 100, 50, China Building Decoration Association, but you can hardly tell me that building decoration is the richest few? them in the end how much money? no one can answer me. because the Chinese people are afraid to reveal the rich, will be made to fix problems and even kill the curse. Hurun this guy is great , they actually discharge the Chinese history and international standards of a sense of responsibility Rich List, he first published in English in the world-renowned financial magazine and three magazines. one-third of the newspaper is the once, but eight dollars a month.
three magazine: Wealth stronger and bigger, the bigger asset. We opened a lot of factories, buy a lot of equipment, which are each the first stage of the pursuit of business.
enterprises to create wealth, but the second stage, the majority owner can not, is how to appreciate the assets. one dollar into three dollars to sell something, or even five dollars is 10 dollars, this is a big problem.
the third stage, you can let the flow of assets to become and can be traded, which is very important. how to flow transactions? of us here have great assets, many business owners, but can not flow, not transactions. to market liquidity and trading have become tradable.
The fourth stage, how the realization of assets, it is very important. cash in on Wall Street had a famous saying, that is, cash is king.
fifth phase, with the cash to invest in recycling.
China must Most construction decoration industry merely the first stage. your assets can not appreciate, even more can not trade flows, not to mention cash. I tell a business owner renovated the whole process. I know this time to Chongqing, the owner of a decoration you people in Chongqing to know him, this is the best year to do the decoration of Chongqing enterprises, Wang Jinshan, which is called a boss. This one boss like tossing some new stuff. He saw a central internal reference, there is China Technology Development, said a report soon, the world has a technology called nano-robots, the U.S. made fighters and bombers of the sparrow to the size and so on. Wang Jinshan said he volunteered to create nano-robots. This is a boss had questioned, ask a learned man, to Beijing University, Tsinghua University, who does the most learned, the world's most developed which college and which one of the most authoritative professor? he had questioned. He himself had heard a professor on this research, where he flew to introduce your students, your family meals, give money, thanks to the people as a teacher. two or three years, the world of nano-robots are the most famous places visited, and slowly he became the expert. He came back do we have to do a company announced that China's nano-robots. recruit people, but not hire, because China has not done before nanorobots. hire some professional people who come close, he also pay attention to learning, not only in Chongqing University of Reading, a MBA, also studies of the electrical engineering master, so he is a two-master. After 3 years of efforts, China has finally made the first nano-robots, called the capsule endoscope for medical equipment, which has a transmission equipment and cameras, next to a computer. This one has only two enterprises, the first Israelis to open a company in the United States, each sold for million dollars, Wang Jinshan, a little better than the Americans made things worse, sell three thousand dollars. Swiss bank to talk to him to assess his value is high.
he said, I do nanobots fixed equipment and assets do not add up to twenty million to an estimated 100 million 1 thousand to 5 million dollars, he said that the sale worth? I said value. Why assessment so high? very simple, only two over the world. China is only one. And the cost advantage is even better than the U.S. listed company. Swiss investment in you, to the him two million dollars, listed for you may not be entirely possible that in about a year on Wall Street and Main Board, once listed, you value a company will reach 20 billion U.S. dollars. Swiss on your investment in just one or two years can return within 10 to 20 times. This is the liquidity of assets, tradable, can be realized. In order to further promote his business, out of 16 million yuan annual salary and 20 million overseas Chinese in Canada, please share it as a CFO. Why? help him achieve the company listed in Wall Street, the level of 20 billion. This is a story each and every one of us here want to architectural decoration, like the boss to like Wang Jinshan, through the good to great to enter the capital market to create a larger world. < br> After Hoogewerf through trial, it was well made the second year in the Chinese media, this is the list:
first named Rong. His father is the king of flour. Shanghai's first mayor after the liberation Chen Yi, Chen Yi Rong visited to encourage their development. so they made a lot of merit. But in 1956, China carried out a transformation of the socialist movement in the business sector, mobilization of the enterprise to the national capitalists. how to evaluate this the political movement? I personally think that this is a failure of .1958 on a campaign, the loss of a generation of Chinese private entrepreneurs into the system from the rigid Stalinist model. and left the line slowly gained the upper hand in the economic field, then Great Leap Forward, and finally the Cultural Revolution, the Chinese brought to the brink of collapse. We must not forget history, do not make the mistakes of history. telling the truth, the trend in society is still momentum left. like a out, many people point out that he is the new enterprises to the state. Rong little social status, he later became a vice mayor of Shanghai, the chairman of Federation of Industry and so on, is a national leader, to move to Beijing, often attend the meeting, photography, etc. to accompany foreign guests. Later He was the Red Guards fought half to death, almost died, and Zhou Enlai to understand the situation there to rescue him from the Red Guards to hand over patients from participation, the meeting does not attend, either on or off at home, which shut oneself up and ponder over one's mistakes, until the reform and opening up.
Deng Xiaoping Why remarkable? I had a teaching assistant is China University of Technology. a chance, Chinese Academy of Sciences of Deng Xiaoping introduced me to a back of a meeting, I was shocked to Beijing, is the first time I animate the Great Hall. Peking University , President of Fudan University, Nankai University, President, Tianjin University President, Chinese Academy of Sciences Guo, and so had participated. I later learned that the representatives of the age of 40 I was the only one. Deng Xiaoping said, Do you have any response to my question though. I is also not Luanjiang Little Dot, the oldest man to please speak. Fudan University, the first president to speak, he said he did not transform well to the review there. was not his fault, because the bullpen just released. Deng Xiaoping there frown. meeting break, Deng Xiaoping, assistant to encourage our young people to speak, we age is also small, not random statement. then work up the courage, I speak 16 words, voluntary candidates, leadership criticism, strict examination, merit-based admission. did not think Deng Xiaoping, after listening to proposals, he said, could be adopted at least three-quarters. He said that approval of the leadership to remove the second sentence, the university entrance exam is the right of every person that everyone can test. Xiaoping finished This word, even the Great Hall of the client on behalf of all the water the girls stood up and clapped for 5 minutes, we know that China's new era began. Xiaoping dared to order out of chaos, a new era in China began.
1978 ��Rong is hiding in the house to see inside, like writing, drawing, waste of talent. He asked the delegation out of 5 dinner, Wang Guangying commissioned to do a China Everbright Group, a CITIC Group Rong do. Now have reached thousands of assets billion. I have a nephew in the China Everbright Bank, one to two years of work to buy a 850,000 house, we celebrate him holding a golden rice bowl. so entrepreneurs to create wealth, we need a good morals. We Rong which are important, Mr. Case truth.
many years I have known Mr Liu, he became an ordinary teacher, a very mature, experienced, outstanding entrepreneurs, has become the spokesman for the entrepreneurs. I hope the building decoration industry such a large number of outstanding entrepreneurs like Mr Liu, leader. our industry will become more of a good.
Yung graduated from Tianjin University, he was a bottom to the Sichuan Liangshan Station. his father back has returned to Beijing. he 78 years to Hong Kong empty-handed. Larry Yung's business was very successful, one million Hong Kong dollars started, only four years into a 4 million. he can put to good use home network resources. his father CITIC to go to Hong Kong, we recommend him as Managing Director, is managing director, general manager of the shares, there is a bonus right manager, he served as managing director after 90 years of the acquisition of a listed company in Hong Kong Pacific, just a few years time, Mr Yung has become one of Hong Kong's top ten billionaires. I travel to Hong Kong to his mansion photographed. Last December his father passed away, he is a very low-key person, very rare accepted the media interview, about his business history. In recent years he turned over to the state 110 million in cash dividends. CITIC Pacific has a value of 200 million words for the country now more than 300 billion of wealth. Rong Chi Health very smart thing is to create wealth for the country at the same time, because he is the shareholders, he also has more than 100 billion of wealth. From here you can see four generations of veterans homes in China has always troubled the land will survive This is the need to be very superior political wisdom. and a very good grasp veterans homes hidden rules in China. We need to further study and potential private entrepreneurs rules, changing the land in China to keep survive, it requires a very high degree of survival is wisdom. This is Yung Enlightenment.
03 richest man in China is a very young man, William Ding, who first wage a foreign company in Guangzhou, 9 years ago, sights now, and borrowed 50 million venture, the establishment of NetEase. He is very smart two opportunities to seize the 99 years:
First, the opportunities, foreign companies come in, he caught one.
second, and Sina, Sohu to become the first group of companies listed on Nasdaq.
network burst happened on Wall Street, he did not escape, was suspended for two days. he examined model, through the winter, the Internet ushered in the spring. Wall Street after 911 combat was in the doldrums for two years to 03 years of Wall Street managers that do not stir up the sentiment on Wall Street that they would be unemployed for a .911, the U.S. economy have been in the doldrums, only the brightest spot, so they cook the Chinese Internet stocks. from 2003 began, the Wall Street all Chinese stocks, especially stocks whole line communication network. Ding Netease up the fastest, from rose to $ 80 beginning 0.53 a share, as it was blowing like a bubble of wealth reached 7.5 billion yuan large , more than the second time Yung great-grandfather 100 years of effort. building decoration industry bosses, if you study the rapid growth of wealth, to a very good model of Ding. He is only a short 7 years, more than the Wing Chi Kin four generations of 100 years. is very important is the brand, trend, capital markets, international capital markets. do these points, creating a lot of growth. This is the Ding Enlightenment.
04 to become the richest man in China a 30-year-old boy is Huang Guangyu, who was a farmer, aged 17, started working his first day in Beijing to be deceived, lured him to a basement hotel. Huang and his brother is a very good adaptation and understanding , soon found an opportunity. began selling appliances in the bridge downtown, is now selling a big tricks. to 2008, the United States opened in China and 500 countries around the world the United States, sales increased from the current 50 billion to 1200 billion, if able to do to become the first to enter the world top 500 private enterprises in China. Now there are 15 Fortune 500 companies, mostly state-owned monopoly enterprises administrative resources, such as PetroChina, Sinopec, CNOOC, China Telecom, China Mobile Bank of China, and so on. foreigners concerned about which of a number of Chinese private enterprises to enter 500. It came from a peasant, middle culture, and Beijing knew no one, by virtue of its own struggle to become the richest man from the children of peasants. I hope building decoration industry companies to become bigger and stronger, which is currently very good opportunity and hope for our industry.
05 richest man in China was a younger boy, called Mr. Chen, his company called Shanda. Mr. Chen He has many stories. enterprises bigger heavyweights invited to join, this is a lot of the boss's confusion. enterprises bigger and then how to use the most competent people? year I have been a visit TCL's corporate headquarters, and made his senior a discussion. Mr. Li asked me to dinner, he said, did you find the biggest problems my business, I appreciate you point it out. I said, Mr. Lee, according to my observation, the biggest problem your company is 7 words, soldiers and more before the handsome little short. Li Dongsheng said Wen teacher you still powerful. Later I found that most of our problems faced by private enterprises is the lack of handsome soldiers will cost more than before. For example, you send a person to embrace the project in Singapore down, this is the only. you can put the tallest building in Shanghai century to win a single trade of lighting, this is only sales. What is the R & D will be before? be able to understand the world the latest technology construction and decoration industries, and to get from China, This is the advantage. R & D will be called before. even developed their own bargains. What is the management will it? like Wang, the day climbing on the outside of the family, do not care to see sheets of paper back to the company on the line , so their management will only company. What is it handsome? is the chairman of the board to develop strategies and adjust the strategy, capital management, access to international markets, international strategic partners to identify and define. I have been inside the 1,000 enterprises, most enterprises will cost the missing soldiers are more than just handsome. Mr. Chen, of course is very smart, he knows this, he knows IT is the largest, and he bent back to find a standard of Silicon Valley returnees, in the United States within the international IT companies who served as senior director for many years as their CEO, that is very difficult to find. Which one do not want to recruit good people, advertising, nobody will come. this one will not come to you based on the ad. to the talent market is more impossible, the talent market is working to recruit people and technology, so people need a special pipe. This pipeline is called headhunters.
all of you used the search firm boss, business consulting services, please raise their hands? or A couple of hands. but a show of hands of too few companies actually do more than just a few companies, please search, reflects the architectural level of human resource management industry. Mr. Chen invited the executive search firm, executive search firm to find a very young The young man called Tang Jun. I lectured with Tang Jun, talked to, such a person worth very expensive. so that people's annual salary is 500 thousand to 1 million or more. Even if you are a big business, you can afford may not be used well. 400-8000000 to pay the annual salary, and employees of multinational companies based on my understanding, they are less willing to Chinese companies, multinational corporations are willing to stay. because they believe that Chinese state-owned enterprise system rigid and complex interpersonal relations. that private enterprise:
first, the boss pondering difficult temper.
Second, at every turn is a family business. China's private enterprises great, you look closely, his wife is the Chief Financial Officer, sister in law is the cashier, a brother of the total managers, etc., they might or warehouse manager father, for fear someone else to steal.
Mr. Chen also know that some things, so he invited some experts to give him a Weapon. Mr. Chen Jun Tang won at once . He gave Tang Jun number of shares to be sold after three years to earn some of the stock at this price and took the difference between the income that day the right price. office that day, is $ 12, then took up a lot if you will make a lot of great skill. Tang Jun if the value of 270 million shares, of course, he was lucky he took office, the big share price rise, quickly rose to 32 from office, that is less than one year he earned 4 billion yuan, which he played 100 years working in foreign invested enterprises is not to make. But I could not sleep Tang Jun, why ah? because some money will be honored after 3 years, 3 years after if fell to $ 12, he is�ջ�ϲһ��. So, Jun Tang all day thinking about the stock price go up. So Mr. Chen Jun Tang to wear a Gold Glove.
So, from now to consider, design, find someone to help you design a system of Gold Gloves in order to attract more people to join your business, do your business more.
06, the latest version of the people became President, called Zhang Yan. Zhang Yin and grabbed a very important industry, is abolished process. China's paper industry is lack of raw materials, China consumed 300 million cubic meters a year of raw materials, we can only supply 1 billion cubic meters, two hundred million is imported. Zhang Yin monopoly of the United States exports to China, she dominated the an industry, so the profits are enormous. listed in Hong Kong in March this year, the stock drifted 9 Hong Kong dollars from four Hong Kong dollars. She used the concept in the international market, China has made the most fruitful results.
list of the richest now are many, get have people vertigo fretting. in my book which made an innovative, full list of the richest collection of all the rescheduling with the upset, as my patent. My back of the book is the appendix list of the richest pools, has been China has become the most complete rich data. There was an American publishing house like this put a book into English. foreign to China to cooperate, the most promising partner is on the list. He told me a meaningful words, and a successful person and successful cooperation is a shortcut. the list is a sign of success, he does not care how much money, or some figure is not accurate.
Now I scan the fastest growing young entrepreneurs the unique charm.
Wang Zhidong, there have been three venture, the first call Richwin, was the first private entrepreneur to get foreign investment. Taiwanese Jiang Fengnian in San Francisco opened a website, this website and Richwin Cooperation became Sina. when he does not make money, so he class was over. Soon he made a click technology, because a good attitude, but also to get the investment, Wang Zhidong has become a billionaire.
Ding from a technician grown to become the first network in China's richest man.
Mr. Chen became the youngest richest man, this is really amazing. have inspired millions of young people to start up.
Dr. Zhang is the most successful returnees. He said he Massachusetts Institute of Technology have heard in my class. did not think he took two teachers to Beijing to start a business, these two teachers have much money, but fame is very loud. This reputation for his two teachers forced open Wall Street's door. Charles Zhang is now the most successful, Dr. returnees.
Li is also worth speaking, his company created a nine billionaires listed, 50 millionaires. Robin Li, Baidu has a receptionist, only 20 years old, work very hard, Baidu has a rule that worked for more than 1 year did very well, the company will reward her stock. receptionist got very little stock, but because the Wall Street market, has been greatly enlarged, is now worth more than 600 million, as a young man in Beijing fanatical pursuit of the object. a company to make a millionaire 20-year-old girl, this is a great company. This is a great company system of innovation. boss to be a millionaire do not care, rare is with you who became a millionaire dry. So, building decoration industry bosses let you employees to be a millionaire, you will be so powerful a company. This is Li Enlightenment.
Yang Lan was the central TV rich and powerful. Yang Lan imitate Richard Li's model, become a rich man. so fast copy mode will make money. their most recent capital operation more successful, her contribution to the society last year ...