Rongchang laundry: I lost my brother
1990 year when 张荣奎 first came to Beijing, he could not imagine 19 years later the city would own feelings so complex: with just a few years, he founded the renowned Rongchang laundry, but the brothers scores disputes out of office. In the fifth time in life, the fate of Hubei let this thin man here started quickly thereafter but unpredictable. Zhang Rongkui now does not want people to revisit these tortuous old things, he has put down the hatred, and withdrew from the Rongchang, and his brother Zhang Rongyao no longer compete for business. After Zhang Rongkui quit, Zhang Rongyao pressure is not reduced: Rongchang order to expand market share, and vigorously promote the laundry card business, after another two years of losses; when a friend shares for such performance is quite dissatisfied, they think then paid to Zhang Rongyao brother of the price is too high, which is now putting a heavy debt of reasons, the most important is that these shareholders believe that money is always in the hands of Zhang family; his brother Zhang Rongkui though quit, but he continued to believe that the money from the cash Rongchang or too little, and did not seek to belong to their legitimate interests. Zhang Rongyao So battered, he was not even the energy to hate a person. As a business leader, said Zhang Rongyao, hatred is not important, the most important responsibility, he did not want to put these negative emotions into business, he hoped to make out of the woods rongchang moment. Baotuan Zhang family business has four brothers, Zhang Rongyao middle child, Zhang Rongkui ranked third, are Guo Xiantao City town Yudai village. Nike Air Max 2012 Child, Zhang was poor, although four brothers hardship, but a very good relationship with each other. In Zhang, Zhang Rongyao high hopes, he was 18 years old when he passed the Beijing Institute of Light Industry (now Beijing Technology and Business University), became one of the few local college students. Compared with Zhang Rongyao, Zhang Rongkui not so lucky. After Zhang Rongyao admitted to Beijing, before Liu Zhen sick mother, Zhang’s life becomes even more stretched, Zhang Rongkui so can only choose to drop out, with his brother Zhang Rong Branch and his wife, Luo Ling (1992 married) followed Zhang Rongyao to venture Beijing. Zhang Rongyao very hard in school is also very active in recent years he served as the President of the Students’ Union, have long showed its leadership. Ivory tower Zhang Rongkui commercial talent is gradually revealed. Zhang Rongkui not well educated, but gifted. He has learned to design shoes and leather cleaning, wife Luo Ling in the army, he also ran a laundry business. With the then quite advanced \u0026 ldquo; leather renovation emulsion \u0026 rdquo; patented technology, Zhang Rongkui founded Rongchang laundry. At that time, Jordan Flight 45 the laundry industry is still a new industry, the National laundry are less than 10,000, almost no competition, Zhang Rongkui and his Rongchang laundry soon in Beijing established a foothold. Zhang Rongyao after graduation as a teacher at the Institute of Light Industry, wages are not high, only to maintain normal living expenses. This is before him the vision of a better life are quite different. Watching brother completed primary Nike Soccer Shoes school gradually booming business, Zhang Rongyao feel that they should be able to do business. 1992 Zhang Rongyao into business, laundry Ott founded the company affiliated Institute of Light Industry below. However, Ott laundry did not bring wealth to Zhang Rongyao, after the shop opened business has been dismal years of losses. Zhang Rongyao unable to pay wages and shop rent, then only let Zhang Rongkui help its advance. Later this situation continued until 2000. Zhang Rongkui Zhang Rongyao understand the difficulties, some of the business from Rongchang points to Ott, and he is called to take care of Zhang Rongyao rongchang affairs. In 1994, Zhang Rongkui incorporated Pishu good Rongchang corporations and 20% of the shares to Zhang Rongyao, as it usually help honoraria. Rong Zhang Rongyao thus be officially entered? Chang. Several people started perfectly with: Zhang Rongkui responsible for the main business, Luo Ling is responsible for store development, the fourth brother Zhang Rong Branch is responsible for financial payments, Zhang Rongyao is responsible for planning and marketing. Everyone benefits have been the greatest play, Rongchang in the country soon to expand to as many as 100 stores, the growing momentum of development. After the company on 2015 Latest Nike Shoes track, Zhang Rongkui began to let go of the company’s business, turn run by Zhang Rongyao, himself began to study to the financial and securities markets. Let 张荣奎 divert attention quickly is no longer involved the company’s affairs, even people are hard to find, by the Zhang Rongyao Rongchang daily affairs take? Hands. At that time four men each holding a stake in the company: 30% of Luo Ling, Zhang Rongkui 25 percent, Zhang Rong Branch 25 percent, Zhang Rongyao 20%. This is not desirable Zhang Rongyao, family businesses do not, he hopes to become a company with Rongchang modern management structure. There had approached Zhang Rongyao talk VC investment Rongchang things, VC is very optimistic about the development momentum Rongchang, but the investment conditions are necessary to clarify the ownership structure. This time Zhang Rongyao began to adjust the company’s ownership structure. Angry out corporate representatives from the Luo Ling became Zhang Rongyao; Luo Ling 18% stake in the company name to the name Zhang Rongyao; then again in the form of discounted shares purchased Zhang Rong families and 25% of the company, such Rongchang concentration of ownership in the name of Zhang Rongyao. He also introduced a number of new people to replace the original old employees. What this adjustment is Zhang Rongkui license, or unwitting, Zhang brothers uncompromising, difficult for outsiders to know the truth.张荣奎 accept the ‘entrepreneurs’ interview, he said he did not know the long-term out until 2006, he learned more than a change of mouth from friends. Zhang Rongkui very surprised that this business has been very different from his early inception, as the founder of the company simply could not grasp the accident, Zhang Rongyao explanation and failed to quell the anger in his heart. For the fact of understanding, Zhang Rongkui a completely different version.张荣奎 said that in 1998, Italy Ilsa laundry into China, he made after talks Ilsa’s proxy. Between him and the Luo Ling went to Shenzhen customs extraction equipment Ilsa few months, so that the accounting Zhou Jie forged signature Zhang Rongyao, Luo Ling has to turn away 18 percent stake in a company to its name. A lot of things he did not know, in Zhang Rongkui impression, every time he returned from a business trip, the company’s staff seems to have been replaced by another. In 2002, Zhang Rong Branch in Beijing’s Chaoyang District, decimating the city bought a shop in urgent need of money. Zhang Rongkui time to invest in real estate in Shenzhen, do not have cash, Zhang Rong Zhang Rongyao families had to borrow money to find buyers. Faced with his brother’s request, Zhang Rongyao initially loaned, later changed to persuade them to sell shares. It had its hands full 25% stake at a relatively low price for sale under the latter so he gave Zhang Rongyao. Dispute began hatred planted in two blood seeds. By the end of 2007, Zhang Rongyao decided to quit.张荣奎 he said, as long as he raised 10 million yuan in two weeks, he would take the initiative to discounted shares that he emigrated to Canada. Zhang Rongkui not so much cash on hand, but a rare opportunity, he immediately agreed. They signed the agreement, which started Zhang Rongkui all forces to raise funds. He invited people to dinner, chat with people, even to a friend’s house gifts, and finally in the last three days from a business where the owner of mineral resources to raise the money. Italy has decided to the original Zhang Rongyao after learning the origin of the money, very much against the deal. He said that because it is the younger brother to buy, he wants the price is very low, he was worried that it is difficult to ensure equity in the future strategic direction of Rongchang after the boss hands. Trading did not reach the final. For the Zhang Rongyao of estoppel, 张荣奎’s patience to the limit, the relationship between the two brothers is also an unprecedented tension. See less and less frequency, even though New Year back home, they are basically not accost each other, we had a lively Zhang became deserted them. Two people initially wanted the entrepreneurial ideas are a little family stable flies, but none of them had thought of this family is thus to a constant contradictions and conflicts. Zhang Rongkui decide Nike Air Max 90 VT legal means to recover their rights, which was originally expected to be his worst Air Jordan 9 result. Zhang family are against this decision, almost everyone Quanguo him. Once Zhang Rongkui usual 7:00 Air Jordan Spizike morning exercise to get up downstairs, opened the door they discovered that more than 60-year-old father Zhang Zeyi standing in the doorway. Zhang Rongkui was shocked, rushed to his father come in the house, his father is very clear what he wanted, to persuade him not to Zhangze Yi Zhang Rongyao a corner, after Zhang Rongkui heard very mixed feelings. He understood his father, Zhang Zeyi habit 5 o’clock every morning to get up. Put it together, the father at the door waiting for nearly one hour, the period is not knocking because Pachao to persuade him to rest and lead to failure. In his father’s advice, Zhang Rongkui finally abandoned its previous decision, also opted out of Rongchang. He told Zhang Rongyao out three times in late 2007 prices, which also agreed to his request. In fact, Zhang Rongyao has no cash on hand, he later paid the money to 张荣奎 from four students he CEIBS.张荣奎 this time there is no worry about the company’s development, like Zhang Rongyao, he decided not to take the money back from this. For a long period of time, Zhang Rongkui do not like people to use the failure to describe himself, he said he was just being his brother Zhang Rongyao pushed to this step. It is a frustration mixed with anger, more hatred than simply indescribable. For 张荣奎 accusations, Zhang Rongyao silent most of the time, he felt that too many misunderstandings between the two, crack almost unbridgeable. Focus contradiction lies in the trader who Rongchang. Zhang Rongyao said Zhang Rongkui get the money, it is much higher than the actual equity value Rongchang. When Zhang Rongkui year on the financial markets, the overall development context Rongchang he is no longer clear, the situation is developing, he also learned from the press only occasionally, so he did not know Rongchang real development. Zhang Rongyao also very helpless, known as a several hundred million of foreign companies, in fact, limited the annual real income, but that propaganda is to attract VC. Rongchang is open businesses on the street, how kind of performance we all know very well that he speak to this dish a lot of pressure, far Zhang Rongkui think so easy. Zhang Rongkui understand the situation Zhang Rongyao took some time until his extension laundry shop founded after such hatred slowly fades. He took part in the ‘Win in China’ because when he inadvertently demonstrated their hatred is the judges dubbed \u0026 ldquo; \u0026 rdquo ;. low EQ Choose the second venture, set up extension laundry shop, continue to work hard in his well-known laundry industry, the mind and also to catch up Rongchang. In order to avoid making the same mistakes, Zhang Rongkui even outset standardized management system and team structure, the equity allocation has become very clear. Hugo Shong, then told him that the best revenge is success, Zhang Rongkui once so convinced of this sentence, but now he is not for revenge, but to prove himself again.