Zhou Xiaoguang was born in Zhejiang, 1962. Her family has been poor since childhood. In order not to increase the pressure on her family, she dropped out of school at the age of 16 and worked hard in society. It took Zhou Xiaoguang seven years to travel all over the country. She felt the warmth and coldness of the world, but she developed a skill. 1985, Zhou Xiaoguang met her other half, and she and her husband pooled 20,000 yuan to set up a stall in Yiwu.
Thanks to their continuous efforts, in 1995, Zhou Xiaoguang established his own jewelry company, named Guangxin Group. After several years of development, Guangxin's jewelry has been sought after by female consumers all over the country, gradually becoming a star enterprise in Zhejiang, and Zhou Xiaoguang has also become a well-known female entrepreneur.
In order to expand the industrial scale, Zhou Xiaoguang began to increase capital investment, and successively entered the fields of finance, real estate, hotels, Internet and so on. Zhou Xiaoguang's personal assets reached 28 billion yuan, and she also equipped herself with a Mercedes S600 as a travel tool.
However, Zhou Xiaoguang's road to wealth creation is full of thorns. Her development of diversified industries not only failed to achieve the expected goal, but also brought a heavy burden to the company and even a financial crisis.
2065438+September 2008, the capital problem of Guangxin Group finally broke out, and there were 3 billion foreign debts that could not be repaid. In fact, the total liabilities of Guangxin Group are far more than these. According to the data, the total book liabilities of Guangxin Group reached 35 billion yuan, of which the debts of banks and financial institutions reached 23 billion yuan.
However, Zhou Xiaoguang believes that the total assets of Guangxin Group reach 80 billion yuan, and it is fully capable of repaying debts. However, many subsidiaries of Guangxin Group have been mortgaged. In fact, they no longer belong to Zhou Xiaoguang's assets. Because of Zhou Xiaoguang's misjudgment, she was unable to repay her debts, so she was included in the list of executors.
Due to the company's financial problems, Zhou Xiaoguang began to try his best to get out of trouble. She sold her own business, downsized, applied for reorganization, and even sold her Mercedes-Benz to pay off her debts. However, it's too late. After a period of persistence, Zhou Xiaoguang, who once occupied the position of the richest man, has now become nothing.
But Zhou Xiaoguang didn't lose heart. She said that she would make a comeback one day. In fact, Zhou Xiaoguang not only needs confidence and determination now, but also should learn from its previous failures and take this as a warning to rebuild itself.