As for the question of Luo Yonghao owing so much debt, there will still be people investing in him. In fact, what I want to say is that Luo Yonghao has that ability, and debts and failures are only temporary. His ability is still worth investing in. People invest, Luo Yonghao said online, "I finally know what Luo Yonghao does, why he fails, and why investors continue to invest in him." Luo Yonghao said that most investment behaviors have nothing to do with ideals, which is why idealists succeed I was usually lonely before. Luo Yonghao responded, "Whatever I do fails, why do people continue to invest?" Luo Yonghao also said that I did nothing and failed. When I was 23 years old, I had more than 100,000 personal savings. 29 years old, with an annual salary of more than 700,000 yuan.
“The first company I worked for had many flaws in its business and made many mistakes. I became profitable after two years; the second company I worked for (which was the most controversial one) Mo Technology Company) used my limited resources at the time to challenge an almost impossible task and supported it for more than 6 years (during this period, hundreds of mobile phone companies in China closed down, and all foreign brands except Apple disappeared), Luo Yonghao said that by the end of 2018, the mobile phone could no longer be used and owed more than 600 million in debt. After that, I paid off tens of millions of debts in the first year, so I made a five-year plan accordingly. debt repayment plan, but it now looks like it will be paid off in about three years."
As a person who can earn one or two billion a year, I never dare to teach those who can earn one or two billion a year how to plan their careers; but on the Internet, Many people earn less than 1 million, or even people with an annual salary of less than 100,000. Every day I give advice on how to plan my career. This kind of terrible mental illness, if you encounter it in life, you must stay away from them. , Luo Yonghao said, "If it weren't for the debt I owe to others, I would never regard making money as the primary consideration in my business. Generally speaking, investors who are willing to support entrepreneurs in pursuing these lofty goals are not because they support idealism, but because they support idealism." Because they tend to invest in high-risk, high-return projects.
Investors who are unwilling to support entrepreneurs in pursuing these ambitious goals are not because they do not support idealism, but because they tend to invest in projects with low risk and stable returns, so the vast majority of investment behavior It has nothing to do with ideals, which is why idealists are usually lonely before success. Luo Yonghao said that it is because he is lucky to be able to speak a little cross talk and understand a little mass communication, and his personality is unstoppable. Luo Yonghao said in the interview , he said: "If I want to do other things in the future, I still hope to do a smart device that combines software and hardware, a platform-level thing, rather than a relatively easy to make money business. I firmly believe that more than half of my old Colleagues will use platform-level products that they cannot afford to participate in entrepreneurship."