Duan Yongping talks about making money: revealing Duan Yongping's methods and mottos on how to make money

Duan Yongping talks about his secrets to making money! This article deeply reveals Duan Yongping's core methods and classic quotes on how to make money. From low-risk investment to business logic, it helps you quickly master the secret to success!

Wow, this time Duan Yongping's meeting with Zhejiang University students and teachers directly set off a storm of ideas! The following is the essence of the more than 20,000-word interview content. Let's talk about it together!

Slow is fast: about investing哲学

Duan Yongping's investment philosophy can be summed up in one sentence:"Don't make quick money, slow is fast."

Do you also feel that making quick money is fun? Duan said:“I’m not afraid of missing out, I’m afraid of stepping on landmines.”This sentence really enlightened me.

In fact, patience is the scarcest quality in investment. Enduring fluctuations and enjoying compound interest is the real truth.

Don’t start a business unless necessary: ​​Starting a business is not easy, you need to think twice before you act

Duan poured cold water on those who wanted to start a business:“Don’t start a business unless you really have to or you have no other options.”

He said that the most important thing about starting a business isbusiness model, it must be a high-gross-profit, highly differentiated track.

Otherwise, starting a business is like opening a convenience store that may close at any time, which is both tiring and unprofitable.

Interest is the driving force of learning

Duan Yongping said bluntly:"The prerequisite for learning is interest, so that you can learn well." What’s the difference between this and being forced to get first place in the exam?

If you have no interest in something, even if you memorize an encyclopedia, it will not be as good asAISearch speed.

Duan’s suggestion: Only by focusing on what you need can you truly adapt to the future.

Sino-US relations: long-term optimism

When asked what he thought of Sino-US relations, Duan was as optimistic as ever:

"The future will be better. There will be conflicts in the short term, but a balance will be found in the end.”

He believes that cooperation is always more valuable than confrontation.

Do you feel this kind of confidence?

Innovation is not about being the first in the world

The paragraph also subverts our traditional understanding of "innovation":“Innovation is not about being the first to do something, but about doing it better than others.”

Just like Apple is not the first company to make mobile phones, but it directly "strikes at the bottom" of all its competitors through its ecosystem and experience.

Critical thinking? It is even more important to develop the habit of "thinking about the essence"

Duan Zhiyan: "There is nothing special about critical thinking. The key is to think clearly about the essence of things and correct them as soon as you find that you are wrong. "

This is notLifeIs this a universal formula? From stock trading to work, finding the root cause of the problem and stopping losses in time is more important than anything else.

The truth about retiring at 40: Avoiding work stress

Do you think Duan's retirement at 40 is the result of financial freedom?“I can’t handle the pressure of work.”

He admitted that when he was running a small business, he had no sales system and he felt like his days were long under high pressure. It took him three years to solve the problem and he was finally free.

I retired at the age of 40 because I didn’t want to face the pressure of work. When I was running a small business, I didn’t have a sales department. I ate eight meals a day, went to the sauna six times, and went to karaoke five or six times. It was too painful. At that time, I thought that if I continued to be so busy, I would definitely fail. So I spent three years to build a sales system.

Information gap and high risk: not worth relying on

Someone asked Duan how to make money through information asymmetry, and he hit the nail on the head:Information asymmetry is of little significance to stock trading, so don’t be superstitious about clever tricks.”

As for high risk and high return, he said with a smile:Only when you are mentally ill do you go to jail, but venture capital uses other people’s money and spreads the risk in a clever way.”

The advantage of youth: Your age is my dream

Duan's comments on young people are impressive:“Youth is the biggest advantage.”

He also stressed that young people need to understand that work is not for the boss, but for their own growth.

Misunderstandings and opportunities of globalization

Duan believes that globalization is not empty talk, but is based on strength.

He used the example of Temu:“Finding the right opportunity is more important than blindly pursuing globalization.”

The so-called globalization is actually a fallacy. Wait until you have the strength to pursue it. For example, when I saw the Super Bowl, I thought it was a great advertising space, but I never had the opportunity to enter because I couldn’t find the right product. However, Temu was suitable and it became a success. Now everyone in the United States knows Temu, and many people around me use it.

Interesting Stories about Pinduoduo’s Investment

Duan talked about his past experience of investing in Pinduoduo.

He said that when Huang Zheng asked him for investment advice, he asked bluntly:Making money?

Huang Zheng answered “I don’t know”, but because users liked it, he finally chose to support it.

Facts show that he has a unique vision.

If I were 20 again: I would choose an ordinaryhappiness

When asked what he would do if he were 20 years old again, Duan smiled and replied:Find a new job and enjoy your life. "

These words make people feel that he does not think that starting a business is the only option in life.

Final advice: Don’t let important things become urgent things

Suggestions:“Preventing problems is better than solving them.” Rather than waiting for danger, it is better to plan ahead.

His philosophy is undoubtedly the best footnote to "crisis management".

Summarizing the power of Duan Yongping's wisdom

Duan Yongping's sharing makes people think deeply. His views may seem ordinary, but they contain great wisdom.

Whether it is his attitude towards investment, entrepreneurship, or life, he always emphasizes one core:Find the essence and keep your feet on the ground.

This interview made me understand that there is no shortcut to success, and only steady progress is the long-term solution. Duan's humility and humor also provide us with a direction to think about and move forward.

What about you? What do you think? Leave a message and tell me!