Mo Tianquan gave up his annual salary of one million and returned to China to start a business, but

Mondo Social Updated on 2024-01-30

In 1982, a sophomore at South China University of Technology handed an application to the head of the department.

Looking at his application, the head of the department was stunned.

After a while, the head of the department slowly raised his head, looked at the classmates in front of him incredulously, and said slowly

Go back and wait for news.

This is a request for a grade skip.

In the application, the student said that he had completed all the courses in his sophomore and junior years on his own and hoped that the teacher would let him skip a grade directly to his senior year.

That's a big breath.

At that time, it was very rare to be admitted to university, and I didn't dare to think of such a thing as skipping a grade.

The head of the department wanted to give this self-conscious student a disadvantage, let him take the sophomore and junior year exams, and if he scored more than 80 points in each subject, he agreed to his application.

Unexpectedly, he successfully passed the test and became the first student in the history of South China University of Technology to successfully skip a grade.

He is the former president of Soufun.com, Mo Tianquan.

Mo Tianquan is not the first college student in the family.

He was born in a famous family in Guangxi, and he has been a cultural person since his ancestors.

Home**. Seven or eight jinshi, his aunt and uncle are all graduates of prestigious universities.

Back then, he was admitted to university as the first in the county.

In college, he didn't study the hardest, but he was the first in every semester.

After graduating, Mo Tianquan was assigned to a research institute in Tianjin to do environmental research.

It's hard work, running around outside with a machine on my shoulders every day.

Mo Tianquan found that the leaders did not need to come and go in the wind and rain, they could sit in the office and work.

He was told that to be a leader, he needed at least a graduate degree.

Mo Tianquan took it seriously, reviewed for three months, and was admitted to Tsinghua University as a graduate student.

A few years later, he went on to Indiana University to pursue a Ph.D. in management.

With the blessing of academic qualifications, Mo Tianquan's life is ready to take off.

Mo Tianquan is a restless person in his bones.

While at school, he persuaded a wealthy classmate and a mentor, and the three of them partnered to open a winery.

I didn't drink less, but I started my business for the first time, had no experience, and soon went bankrupt.

Mo Tianquan, who wanted to start another business, was favored by a real estate information company owned by Dow Jones, a well-known American company, and went to work.

Mo Tianquan's work is based on the trend of the real estate market according to the data.

Love can really beat all the hard work.

Mo Tianquan likes this job very much, and often takes the initiative to work overtime until the early hours of the morning, not missing any opportunity to learn.

In a company full of elites, Mo Tianquan was promoted from a grassroots employee to the general manager of Asia in just three years.

He is particularly close to the company's top management, and his boss often takes him to mingle in the American financial circle and get acquainted with big names from all walks of life.

In 1998, Mo Tianquan was favored by the American Asia Development and Investment Corporation and became a vice president.

When his peers were still worried about their livelihoods, this 34-year-old Guangxi baby had an annual salary of more than one million.

Mo Tianquan's life goes on like this, and he should become a well-known figure in the investment world.

However, when Mo Tianquan saw Zhang Chaoyang and Robin Li returning to China one after another to start a business, he was restless, thought about it for a long time, and made a bold decision:

Return to China to start a business. Not far from Robin Li's company, Mo Tianquan set up Soufun.com.

The Internet was a strange business in China at that time, and Mo Tianquan took it with him.

Five or six employees are looking for money everywhere and hitting walls everywhere.

At this time, the president of IDG Group of the United States keenly discovered the huge business opportunity of SouFun.com and immediately invested 1 million US dollars.

Mo Tianquan underestimated the speed at which the Internet burned money, and in a few months, $1 million was spent.

The company will continue to operate, and Mo Tianquan used his network to embark on the road of finding money.

When he heard that a Hong Kong boss was willing to invest 20 million, he immediately set off for Hong Kong.

Who knows, after meeting, people regretted it.

Through investigation, the other party found that his company was just an empty shell and had nothing.

Tossed for a long time, just an empty joy.

The weather in Hong Kong is very hot, but Mo Tianquan's heart is cold.

This cool feeling made Mo Tianquan sober.

Instead of being cheeky and begging grandpa to tell grandma, it is better to make a name for the company first and let them come to their own cooperation.

However, if you want to make a name for yourself, don't you still need money?

It's an endless loop.

Mo Tianquan came up with an idea, on credit.

He found several domestic real estate ** and hoped to take it away first and pay for it after three months.

If he can't pay, he is willing to give his ** away.

Mo Tianquan's trick broke the kettle and finally won him a glimmer of life.

In less than three months, he integrated real estate in Shanghai, Shenzhen, Hong Kong and other places, becoming the largest real estate ** in China at that time.

As Mo Tianquan expected, when he becomes stronger and bigger, someone will take the initiative to send money.

In 2000, Goldman Sachs took $5 million to find Mo Tianquan to invest.

The reality is that when you are weak, you are forced;When you're strong, it's all about opportunity.

However, the market changed too quickly, and when the company was just improving, the dot-com bubble was burst.

Goldman Sachs, who came to the door at the beginning, immediately turned its face ruthlessly and withdrew the funds.

This time, Mo Tianquan did not panic, but was more calm.

He put all his money and energy into building a network, but his approach was opposed by some of the company's top management.

Soon, Mo Tianquan's search room ** attracted a large number of advertisers, and the high-level executives who saw the real gold ** shut up one after another.

This year, the company's revenue exceeded 100 million yuan, and Mo Tianquan's Soufan took root in more than 30 cities.

In 2010, SouFun.com was listed on the New York Stock Exchange, and its shares soared.

Mo Tianquan ushered in the highlight moment of his life.

How did such a solid Soufang network go to a dead end?

This has to mention Mo Tianquan's former friend, Zuo Hui, the boss of Lianjia.com.

The two used to help each other in their careers and were like brothers.

When Soufang was listed online, Mo Tianquan specially asked Zuo Hui to ring the bell together.

It was Mo Tianquan who didn't talk about martial arts first, and he didn't say hello, so he entered Zuo Hui's main business, real estate agency, in a high-profile manner.

Zuo Hui stopped doing it as soon as he heard it, and united the "brothers and sisters" in the industry to boycott Mo Tianquan.

What's more, Zuo Hui is still Mo Tianquan's biggest financier, Zuo Hui ruthlessly withdrew the funds, and the two broke off and never communicated again.

At this time, Anjuke's debut made Mo Tianquan even worse.

The Shanghai market, which he was proud of, allowed Anjuke to fall, and Mo Tianquan was defeated again and again.

In order to fight against Zuo Hui and Anjuke, the company quickly transformed, and Mo Tianquan renamed the company "Fang Tianxia".

However, things did not go as smoothly as Mo Tianquan imagined.

According to data, Mo Tianquan's company assets have decreased from 56 billion at the peak to 1.5 billion.

The news of the company's layoffs is even more flying.

Some people say that Mo Tianquan has no bottom line to make money, and there are too many fakes on him.

Some people also said that as long as it is advantageous, Mo Tianquan will not care whether the other party is a friend or foe at all, and will rush up to cut off the beard.

In 2015, at the annual meeting of real estate agents, Mo Tianquan said on stage that the company's market value had evaporated by 30 billion a year, and a bottle of mineral water was thrown from the audience to him.

Lao Mo was wronged, but he also knew the truth of self-inflicted.

In 2022, Motianquan announced its withdrawal from the company, followed by the company's closure.

Times have changed, and Mo Tianquan, who used to be infinitely beautiful on Wall Street, is suddenly old.

is so old that there is no news of him anymore.

A generation of business wizards has come to an end.

It's a little sad, but you have to bow to reality.

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