BUSINESS MATTERS - Teachings of Fan Li the Bible of Chinese success in Business
We wonder why the Chinese are so successful in business? Because of these teachings. Though the treatise was writen 500 BC like the Art of War of Sun Tzu (the bible for success in Military Strategy, it is effective now as it was then.
Business Matters - Teachings of Fan Li on business; tandaan palagi
| Mon, Jul 5, 7:04 AM | |||
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Why are Chinese so successful in business?
What is their secret? They have a bible for business, authored by Fan Li. You can avoid many mishap and be a success in life and business if you pay attention and obey them.
Fan Li- Successful merchant during the 5th century (Wu Wang century) (contemporary of Sun Tzu)
1. In business, there must be hard work and sense of urgency
2. Economics expenditures (Sales-Cost=Gross Profit)
3. Be affable in dealing with people
4. Buying and selling must follow the times
5. Negotiated prices must be clearly stated and agreed upon
6. Give credit only to people you know
7. Accounts must be inspected and audited
8. Good and bad must be clearly distinguished
9. Goods must be arranged orderly
10. Use upright people
11. Be careful in receipts and payments
12. Goods must be examined
13. Payments for installments must be fixed by agreement
14. Money and property must be accurate
15. Manage with responsibility
16. Be calm in making decision
| Mon, Jul 12, 8:55 AM | |||
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Are we doing this: 010 for action 004
1. Canvass and contract #5
2. Ledgers for ICR for payment of commission and pries #7
Submission of abstract #7
Daily reports of #7 #14of collection sales, and bank balances
MOnthly Submission of inventories plots, FFE, materials 9, 12, 14
3. Contracts Outgoing and incoming #13;
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