空心化的企业家（Hollowing out entrepreneurs）.docVIP

空心化的企业家（Hollowing out entrepreneurs） A few days ago to participate in the entrepreneur reunion, a well-known older entrepreneurs secretly told us that he is now basically not to engage in industry, even the equity investment is not done, do usury, interest can reach 30-40%. what kind of business can be so good on you! We doubtfully asked him: the risk must be very high? I heard with usury debt collection company , still do not have money, cutting arm or cut ear what. He laughed at us out of date, it is the legendary casino lender, now a lot of usury is a regular business, and these business bank introduced many. Collateral quality is also very good, basically no risk. Many people turn to inch, but a few days to a few months. There is a higher rate, but the risk such as 40% - 60%. After listening to the introduction of the students: we work so hard, some feel like having lost bearings which can have more than 30% annual return on assets, then we are in so much? I have done business in recent years, the first encounter is the temptation to do real estate, as long as you can get the land, you can make money. Then invest in small coal mines, in Erdos, in Shanxi, in Northern Shaanxi, to get the right to a coal mine and sit there and pay for it. Even if they dont develop, can make a lot of hands. Then VC, PE and other equity investment, if cast a quasi enterprise, a listing, not 5 times, 10 times, the time is not long, fast 2-3 years, slow 3-5 years. Many entrepreneurs around friends, have to take shortcuts. We are the Yangtze River CEO class, do not do real estate is the minority, may be less than 20%. Coal bosses do less, but there are equity participation, investment related coal and mineral industry. PE fund is also doing a lot, CEIBS CEO class, nearly half of the investment done. The loan shark is a new thing, and its not too many people to take part in it. Difficult to scale and risk control, may be the two main reasons we dare not enter on a large scale. Entreprene