In China's business arena, the bigwigs have their own leaders. Sun Hongbin, Xu Jiayin, Yang Huiyan and other names are thunderous, and they have become the focus of attention with their bold investments and bold style. However, compared to them, Wang Jianlin seems to be much more low-key. But it is this unassuming entrepreneur, with his pragmatic and even budget-conscious style, that has led Wanda Group to move forward steadily and become an evergreen in the business world.
The real estate industry has always been a field full of huge profits, and many bosses have spent a lot of money and offered sky-high annual salaries to executives. In such an environment, Wang Jianlin stands out from the rest. Not only did he not give executives tens of millions of annual salaries, but he even seemed stingy in the annual salary of several million. This approach is undoubtedly staggering, but it is this distinctive business philosophy that makes Wanda unique among many companies.
Back then, Wang Jianlin also tried to get involved in the field of e-commerce, but the results were not satisfactory. Despite this, he still sticks to his principles and is not willing to blindly commit to it. In the case of the founder of a group network, he offered an annual salary of 8 million, but in the end he failed to poach the corner. Some people may think that this is due to his stinginess, but in fact, it is the embodiment of his pragmatic management. He is well aware that the success of a business does not depend on a temporary investment, but requires a continuous and stable business strategy.
Wang Jianlin's enthusiasm for short-term loans is also a reflection of his careful budgeting. Wanda prefers short-term loans over long-term loans from other companies. This not only reduces interest costs, but also allows for more flexible funding. Whenever a loan matures, Wanda always repays it quickly before lending for the following year. This steady operation mode enables Wanda to always maintain a healthy capital chain.
It is precisely because of Wang Jianlin's pragmatism and careful calculation that Wanda Group is still standing after many economic turmoil and market changes. While many companies are in trouble, Wanda has been able to turn the tide again and again with its sound business strategy and efficient execution. This ability is not only amazing, but also deeply admires Wang Jianlin's business wisdom.
Of course, Wang Jianlin's low-key and pragmatic are not without controversy. Some people think he was too cautious and missed out on some great investment opportunities;Some people think that he is too stingy with executives, which is not conducive to the long-term development of the company. But in any case, it is undeniable that it is this pragmatic and budget-conscious spirit that allows Wanda Group to survive and continue to grow in a highly competitive business environment.