Everyone in this world wants to earn their first pot of gold. But how do you earn your first pot of gold? In fact, to earn your first pot of gold, the most important point is to adapt to the times and find a suitable opportunity in your own era. In fact, every era has its own opportunities.
For example, a few decades ago, the economy was backward, but there were still opportunities to make money. Now that the economy is developed, many people feel that they are not as profitable as they were 20 years ago, but the same people have made a fortune in this era.
So how did Li Ka-shing, the richest man in China, make his fortune? Many people think that Li Ka-shing made his fortune in real estate. In fact, Li Ka-shing did real estate in 1971, when he had already made his fortune. So Li Ka-shing's first pot of gold did not come from real estate, but from plastic factories.
Li Ka-shing once said that when he was 30 years old, the money he earned was enough for his family to live for a lifetime. Li Ka-shing went to a tea house as a runner at the age of 14. Li Ka-shing, 22, started his own plastics factory in Hong Kong, and by the time he was 30, he was financially free.
In fact, Li Ka-shing's first pot of gold came from a plastic factory. In fact, in that era, Li Ka-shing's nickname was the plastic flower king. The plastic he produces is sold all over the world. But in fact, Li Ka-shing's first pot of gold did not come from plastic flowers, but from plastic barrels.
In 1950, Li Ka-shing officially started his business in Hong Kong, and with the support of his uncle's family, he founded the Yangtze River Plastics Factory in Hong Kong. Li Ka-shing was 22 years old that year. In fact, why Li Ka-shing started his own business is because he used to work in a plastic factory in Hong Kong, and he was in charge of sales. Li Ka-shing carries plastic buckets all over the street every day to sell.
Li Ka-shing is diligent, so his performance is very good. Many children who have lived in the countryside should have a very good impression of the white iron barrel. The problem with this kind of barrel is that it is easy to rust, and the barrel itself is very heavy. Before the popularity of plastic barrels, every household in Hong Kong used such barrels.
Later, Li Ka-shing's boss felt that he was a reliable young man, and there were many orders from the factory, so he suggested that Li Ka-shing himself go out to build a plastic factory and give some orders to Li Ka-shing to do. Li Ka-shing felt that this was an opportunity, so he cooperated with his uncle to open this Yangtze River plastic factory.
At that time, Hong Kong's economy was still very backward, and the implementation of current affairs was very backward. Those who have watched the classic Hong Kong TV series "72 Tenants" should be very familiar with one scene, that is, the water goes out. In fact, at that time, Hong Kong often had water cuts, and basically only once a few days came to tap water.
Because the water is often cut off, every household needs a large number of water storage containers. In the earliest days, everyone had a large water tank in their home, and later it was a white iron bucket. Li Ka-shing knows the advantages of plastic drums, which are lighter in weight and more durable. So grasping a special demand of the times, Li Ka-shing began to produce plastic barrels in large quantities.
In order to make it easier to store water, families buy a large number of plastic barrels. Li Ka-shing also successfully earned the first pot of gold in his life. Later, the business expanded, and Li Ka-shing began to produce plastic flowers and sell them overseas. This allowed Li Ka-shing to successfully complete the original accumulation of rates.
So when did Li Ka-shing start doing real estate? From the 60s, Li Ka-shing's business expanded, so he began to buy land to build buildings and expand his own factory. Part of the factory buildings that are not used up are used by Li Ka-shing for rent. After that, Li Ka-shing made more and more money, and he continued to use the money he saved to buy land and build buildings for rent.
By 1971, Li Ka-shing had seven industrial buildings in his hands, which could collect millions of rents a year. At the same time, in the 60s, the Hong Kong property market fell sharply, and Li Ka-shing took the opportunity to buy a lot of land and old buildings. It was only in 1971 that the Hong Kong property market picked up, and Li Ka-shing decided to develop the real estate business on a large scale. This year, Li Ka-shing was already 43 years old.
A year later, Li Ka-shing successfully listed his Cheung Kong Industrial in Hong Kong. At the time of listing, Li Ka-shing's company raised 30 million yuan. However, because the Hong Kong property market soared that year, by the end of the year, Li Ka-shing's company had earned more than 40 million.
Subsequently, Li Ka-shing continued to use the stock market to raise funds, and began to invest in the property market on a large scale. At this time, Li Ka-shing also gave up his plastics business and began to build real estate to make money. In order to get more cheap land, in 1978, Li Ka-shing teamed up with Bao Yugang and successfully acquired Hutchison Whampoa. Li Ka-shing's risky acquisition this time successfully allowed himself to achieve snake swallowing elephants, and his strength increased by 10 times. Since then, Li Ka-shing has become one of the top businessmen in Hong Kong. In the 80s, Li Ka-shing began to operate internationally with capital. In the 90s, he had become Hong Kong's richest man.
In fact, from the process of Li Ka-shing's success, we understand that the first pot of gold must be obtained by hard work and opportunity.