Sun Zhengyi is the founder of Software Banking Group, and now he is the president and chairman of the company. In less than 20 years, he built an unparalleled network industry empire. His empire is not ruled by him, but a high-tech industrial empire supported by him. He is not enjoying himself alone, but contributing his wisdom and talent to let more people master high-tech information.
American Businessweek magazine called Mr. Masayoshi Son an internet tycoon, and praised him as supreme. All the people who know him and participate in his affairs think that Mr. Sun is worthy of this title.
People say that Mr. Masayoshi Son is a strange man. He is a typical oriental man. He is only five feet tall, but he is really handsome. Mr. Sun has the characteristics of a short and great man, and his own unique characteristics are not available to others. Mr. Sun has the instinct of Americans to do business, the drive of Japanese, and the root-holding spirit of Koreans. Mr. Sun's greatest ideal is to travel in electronic space. Mr. Masayoshi Son was born in Japan and his ancestral home is South Korea. He was very interested in American affairs since he was a child. I especially admire the story of Japanese businessman Den Fujita, who successfully turned McDonald's into a chain restaurant for all ages. When the Fujita businessman met Masayoshi Son as a teenager, he encouraged him to study in the United States. 1973, 16 years old, Mr. Sun went to Berkeley University in California to study English. He is very curious and interested in everything in America. He thinks everything in America is big and orderly. He thinks that America is a country that he should know and learn from. From 65438 to 0975, Mr. Sun transferred to a community college, and two years later he transferred to the University of California at Berkeley to study economics. At school, he spent five minutes thinking about new inventions every day. /kloc-when he was 0/9 years old, he invented a pocket translator, so he hired a professor to make a prototype of the translator, and then applied for a patent and sold it to Sharp for one million dollars. Up to now, Sharp still applies the translator technology to its Wizard personal electronic manager.
When Mr. Sun was still in school, he sketched out the embryonic form of 40 companies, designed a 50-year plan, set up companies, how to raise capital, and how to inherit inventions and creations. Although Mr. Sun thought so at that time, he still didn't know what industry he wanted to be.
1980 After graduating from Berkeley University, Mr. Sun returned to Japan and continued to revise the business plan. Soon, he decided to engage in the software wholesale industry. At the age of 23, he founded the software banking company. His company's software sales performance ranks first in Japan. Mr. Sun used his company to publish several magazines aimed at educating customers to buy software banking products. 1994, he went public as a software banking company, raising10.40 billion USD. Since then, Softbank Group has made rapid progress.
Mr. Sun Zhengyi's experience concept and enterprise operation courage are very popular. 1995 he is optimistic about the network industry and decided to invest heavily in it. At that time, he chose Yahoo, and the first investment for Yahoo was $2 million. Soon, he had dinner with Jerry Yang, the founder of Yahoo, and said that he would reinvest in Yahoo, investing more than 1 100 million dollars in exchange for a 33% stake in Yahoo! After listening to Mr. Sun's proposal, Mr. Yang Zhiyuan thought that Mr. Sun was crazy. Even he doesn't know the future of Yahoo! How dare he give so much money to a new company that has just started? However, in March, 1996, Mr. Sun really invested more than 1 billion dollars in Yahoo! And then invested a lot of money one after another. A * * * is $355 million. With funds, Yahoo has become the world's number one Internet company. Mr. Sun Zhengyi's software banking group company is the largest shareholder of Yahoo, and its investment has brought today's gains. The market value of Softbank Group's shares in Yahoo is $8.4 billion (1July 999). If Mr. Sun hadn't been so bold and dared to invest, it would not have been possible to have the present results.
Sun Zhengyi's management style and investment vision are more unique. Mr. Sun does things neatly. Once a decision is made, he will do it immediately. After the acquisition of Comdex and Ziff-Davis, the software banking group made a real profit after proper operation. Mr kosakos, president of eTrade company, turned to Softbank group for help and invested $400 million. After Mr. Sun weighed it, he remitted $400 million with one phone call, without any conditions. Later, Mr. Kosakos' company insisted again and again, and Mr. Sun agreed to be a director of the company. The return on this investment after one year is $2.4 billion.
Mr. Sun is unique in managing and using money. He can really make money and spend money. Mr. Sun raised more funds with little money. He bought American industry for $3 billion, which was twice his assets, and got him into debt, but he managed the funds calmly and successfully bought Comdex and Ziff-Davis. His company succeeded, and he himself became the richest man in the world, with personal assets reaching $6.4 billion.
The most remarkable thing about Mr. Sun is his thinking concept. He can see the future business direction and development prospects from his current business. He thinks that the future is not ten or twenty years, but hundreds of years. Now he has made a 300-year enterprise plan. This vision is really unparalleled. Mr. Sun's 300-year plan will make Softbank Group's network industry empire stronger.