The bankruptcy of Hu Xueyan, the richest man in the late Qing Dynasty, gave us enlightenment

1

When I was in school before, I heard the story of Hu Xueyan in the history class, but I simply learned that Hu Xueyan was a red-top merchant in the late Qing Dynasty, and he was given a yellow coat by Empress Dowager Cixi.

Today, I read the biography of Hu Xueyan and met this rich man in the late Qing Dynasty from a new perspective.

Hu Xueyan died when he was 12 years old, and his father died of illness soon after, forced to drop out of school and return home to help others herd cattle for the sake of his family's livelihood.

Since childhood, he has been taught by his mother to be kind and sincere in doing things, filial piety to his parents, not his own things, can not want.

One day, when sheding cattle, he picked up a package in a gazebo containing a lot of silver, and Hu Xueyan, who had never seen so much money before, remembered his mother's words, and he did not swallow it privately.

Instead, he waited until the lost owner Lu Boss found it and returned the silver to Boss Lu, who was a rice boss and deeply felt that Hu Xueyan was a man of good character and superior intelligence.

So he deliberately wanted Hu Xueyan to go to his own rice shop as an apprentice, Hu Xueyan knew that this was an opportunity, and after getting his mother's consent, he went to Lu Boss's rice shop as an apprentice.

2

In the 3 years of the mi xing apprenticeship, Hu Xueyan was serious and diligent, getting up early and working greedily, taking the initiative to help when he saw that the customer Boss Liu was sick and no one to take care of him, and after the illness was cured, Boss Liu said to Hu Xueyan that he would take him to Jinhua to learn ham making.

Hu Xueyan got another opportunity, and after consulting with the boss of MiHang, decided to go to Jinhua with Boss Liu.

When I was apprenticed to make ham in Jinhua, I came into contact with people from all walks of life, learned a lot about gift-giving, and knew that the customers of ham were all dignitaries and dignitaries, so I paid special attention.

He also came into contact with the qianzhuang business, opened his eyes, was happy and broken, and moved the idea of going to the qianzhuang, so he secretly learned abacus mental arithmetic, and practiced it faster than the planned disk.

As a result, he was appreciated by the boss of Fukang Qianzhuang, so Hu Xueyan took this opportunity to enter the apprenticeship of Fukang Qianzhuang, and a few years later, Boss Yu gave the money to Hu Xueyan because he had no children.

Since then, Hu Xueyan has made his fortune by relying on Fukang Qianzhuang.

3

Relying on his goodness and wisdom, he seized 3 opportunities to rise and became rich.

In the later period, hu Xueyan, as a businessman, when raising funds for Zuo Zongtang to recover Xinjiang, made a fortune in the country, and the money came too easily, too much, and he had a hobby of being full of warmth and lust.

Build houses, marry a lot of wives, concubines, spend days and nights, act high-profile, do not understand moderation, and restrain a little.

When Li Hongzhang wanted to overthrow Zuo Zongtang, he first took Hu Xueyan to open the knife, and Li Hongzhang also had a powerful left arm, that is, the later richest man Sheng Xuanhuai, and the 2 conspired to plot the hunt for Hu Xueyan's business empire.

From the failure of the raw silk business, to the difficulties in repaying the interest of foreign banks, the run on the money bank business caused by the wind, to the installation of the telegraph.

A series of problems eventually led to Hu Xueyan's bankruptcy, which occurred extremely quickly, and in a few months, it ruined a lifetime of hard work.

When Hu Xueyan went bankrupt, he still tried his best to keep Hu Qingyutang and left a blessing word for the people of later generations, which was Hu Xueyan's harsh demand on Wen Yu.

Wen Yu originally told him about his original intention of founding Hu QingyuTang, hoping to let Hu Qingyutang continue to open and benefit the society.

Today, Hu Qingyutang has experienced more than 100 years of development, still inherits the business philosophy left by Hu Xueyan, is meticulous in the processing of medicinal materials, and takes good care of the lives of employees, and has not changed.

The bankruptcy of Hu Xueyan's life lies in the fact that he wanted to be stronger and bigger in his heart, did not see the situation at that time, and misestimated the means of Li Hongzhang and Sheng Xuanhuai.

If you don't do the silk monopoly and compete for the right to install the telegraph, you won't be so miserable, after bankruptcy, the psychological blow is too big, after learning the news of Zuo Zongtang's illness and death, depressed, overworked, and also fell.

In general, Hu Xueyan still left many useful things for future generations, about being a person, doing things, accumulating virtue and doing good, we choose those who are good and follow them, and those who are not good and change them.

Don't be too greedy, it is also necessary to understand that contentment is enough.