The end of the Qing Dynasty, Chongqing businessman Liu Jitao rushed to the north of Sichuan to buy tung oil, on the way due to a delay, a step late, has not yet been made of tung oil, was swarming around the oil merchants snapped up.
Liu Jitao learned that year the local tung harvest, tung oil production will greatly exceed the previous year, tung oil after the market oil basket will become a good deal, and the local gabion sources than in previous years has been reduced a lot. So he decided to change his original plan and use all the money he had spent on tung oil to buy oil baskets. As soon as the sun came up, he sent all his men out to order all the local oil baskets in cash.
Soon, tung oil began to market in large quantities, those who have a lot of tung oil in the hands of the oil merchants but for the purchase of the oil basket used for shipping and a great deal of anxiety, have no choice but to monopolize the source of oil basket at a high price to Liu Jitao purchase.
Re-imagine how it would have turned out for us. Most people would probably have been discouraged by not ordering the tung oil and returned home. Many businessmen in the same situation did choose the path we envisioned, but Liu Jitao was able to adapt to the unfavorable situation and turn it into a victory, which is probably why he became a huge merchant while others were left empty-handed.
After the outbreak of the Egyptian-Israeli war in 1967, a merchant shipowner called the British oil company's headquarters to ask if the company would rent his ship, and the call was answered by Peter Walter, the chairman of BP's headquarters. At the time, however, he was only a vice president, and according to the usual practice, Walter was not authorized to give an answer. But the merchant marine owner gave him only one hour to think about it, and if he didn't get an affirmative answer within that hour, he would lease out the entire ship.
So Walter made the decision to give a definite answer, because he couldn't find a higher-level decision-maker at the time. After Egypt went to war with Israel, the price of tankers went up several times, and just two days after Walter dealt decisively with the call, the price of tankers doubled again, meaning that Walter saved the company a huge amount of money.
Randomness is a comprehensive quality, and once you are comfortable with it, you will be able to ride the storm in all areas and put yourself in a proactive position to be invincible.
Hammer enjoys the reputation of "Dr. Everything" was born in the United States in a doctor's family, from a young age has shown a very high degree of business talent, he was 18 years old when he took over his father's operation of the pharmaceutical plant on the verge of bankruptcy, through some drastic reforms in a very short period of time to make it turn a loss into a profit, and therefore notorious. At the time, he was attending Columbia Medical School, where he became the nation's only millionaire college student.
In 1921, when Hamer learned that the Soviet Union, the world's only socialist country at the time, was suffering from a plague and famine, he gave up his chance to be a doctor and went to the Soviet Union to be a humanitarian. He led a mobile hospital, including an ambulance and large quantities of medicines, on a long and arduous journey to Moscow, where he gave away 100,000 dollars' worth of medical equipment to the Soviet people for free.
And on one of his expeditions, he discovered a great opportunity to make a fortune, transforming him from a humanitarian to a businessman bridging East and West. When he arrived in the Ural Mountains, he was horrified to see starvation; yet platinum and emerald factories were everywhere, and minerals and furs of all kinds were piling up. "Why not export these things for food, when there was a bumper crop of grain in the United States and prices plummeted." Hammer, a good financial manager, had a sudden idea, and he immediately made this suggestion to the local Soviet government, offering to supply the Soviet Union with a million dollars worth of wheat on credit.
The news reached Moscow, Lenin, on the one hand, Hamer's courage to express appreciation, on the other hand, decisively changed the past trade attitude towards Western countries, and resisted the pressure of the party at the time, "would rather starve to death than sell out the country," the "left" inclination of the tide of thought He quickly issued instructions to the foreign trade department to confirm the trade. Hammer immediately telegrammed his brother Harry in the United States, brought 1 million bushels of wheat, and from the Soviet Union pulled away from the value of 1 million U.S. dollars worth of furs and a ton of the West has long been extinct of the best caviar, food to solve the Soviet Union's starvation, Hammer also benefited from this, and since then the Soviet Union opened to the United States of America's trade in the precedent of the opening. Since then, he has been running a business in the Soviet Union, and has directed several brilliant plays to make a fortune.
But things have to change. In 1929, the Soviet Union nationalized its enterprises and abolished the concession system, and Hammer's enterprises were purchased by the government. Hammer had to leave the USSR with his wife and return to the United States with a lot of regret.
Returning to New York in the 1930s, the U.S. economic depression, his business is very poor, can be said to be born at the wrong time, but Hammer always improvise to engage in business. As he said himself: "I do not often remember the good things of the past, but always think of what to do now and in the future." This time, he had the bright idea to take the antiques and artwork he had acquired in the Soviet Union to major shopping malls for exhibition. In the first week of exhibiting to a Louisiana company, the showroom received an average of 2,000 people a day and generated hundreds of thousands of dollars in revenue.
Then Hammer held 23 more shows in major cities, his art sales as dazzling and deliberate as a traveling circus, setting off one art auction after another. He also successively set up art galleries in New York and Los Angeles, one side of the exhibition and the other engaged in the sale of cultural relics. Because these works of art are very expensive, his art gallery is a sensation, so that, in just three years, Hammer has become an antique dealer. He also wrote a book entitled "Romanov dynasty treasure hunt", and thus became an outstanding cultural relics experts.
After that, Hammer also worked as a rancher, entrepreneur, and are very successful, Hammer's adaptive tactics to dazzle all Americans.