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Why should the company have finance?
Financial management is an important and skillful aspect of the company, including not only a clear understanding of the significance of making money, but also the judgment and grasp of key issues such as cost control, capital investment, efficiency and risk. Almost all major decisions of a company are often related to finance.

The purpose of doing business is to make money; If you can't manage money, you can't make money. Even if you make money, you will lose it for nothing.

The financial management view of the global rich

Excessive saving means great waste. Mr. Stanley is the president of one of the top 500 companies in the United States selected by Fortune magazine, and his personal financial management view is very unique. He believes that it is necessary to practice economy in daily life, but don't rack your brains to save a penny, but spend more time on open source. So, he said, excessive saving means great waste.

Say goodbye to the old and welcome the new. 1998, Shi Lihua, named "Top Ten Outstanding Entrepreneurs in Thailand" by Thailand's "National Daily", used to be the boss of a joint-stock company, and he made a net profit of several hundred million. But just when his career was in full swing, he gave up his stocks and turned to real estate speculation, investing all his savings and bank loans. He thinks it may be risky, but it is extremely challenging for life. Shopping malls, such as casinos, will be better tomorrow only if they are always ready to start from scratch.

Reject luxury. Zheng Zhouyong, the richest man in South Korea and founder of Hyundai Group, is extremely thrifty though he is rich. When starting a business, he warned his subordinates to be frugal on the grounds that "drinking coffee wastes foreign exchange". In the early 1980s, in order to save the cost of replacing soles, he nailed iron palms on the soles. Up to now, he is still wearing the work clothes he wore in the 1970s, and the TV set used at home is still a 1988 17 inch TV set.

Don't manage your money until you are thirty. Li Ka-shing, the richest man in Asia, has many secrets of personal finance that are worth learning. He believes that before a person is 30 years old, all the money must be earned by his hands. 20 to 30 years old is the time to make money and save money, and after 30 years old, it is the time to pay attention to financial management. Because it is not important to make money at this time, how to manage money is more important.

Don't forget to charge three cents for stamps. Although Rockefeller, the American "oil king", has huge wealth, he has always maintained a financial attitude. He must record all his expenses, not even three-point stamps. Therefore, his bookkeeping never leaves his body. I found that he remembered every account clearly and clearly. It is this "trick" that allows him to always accurately grasp the data such as cost, sales and profit when operating an oil company.

Money should be used on the cutting edge. As the richest man in Indonesia, Lin Shaoliang's total assets have exceeded $7 billion. At present, there are 192 companies under his name, which are distributed in Indonesia and all over the world, involving more than 70 industries such as finance, real estate, minerals, electronics and shipping. Although Lin Shaoliang is a business tycoon, he never shows off his wealth, but he always scrimps and saves and never spends a penny. His personal financial management view is: money should be used on the cutting edge.

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