Tencent's Black and White Decision

The arguments of this book are very rigorous. So entrepreneurs get this book, like a treasure. It is simply the elixir of immortality that Qin Shihuang was looking for for his whole life, but he did not get it until he died. But, you know, here comes the "but". However, soon after, these 18 companies began to have problems one after another. Until more than a dozen years later, 12 companies underperformed the average, and several even struggled between life and death. God, how could this be? Businesses around the world are learning how you can succeed, how can you fail? So, should I eat or not eat this "Immortal Elixir"? In fact, in this world, there has never been anything built to last.

The reason why those 18 companies can live for 100 years is of course because of their hard work and excellence, but there may be another Fax List reason: the world was changing slowly at that time. In the face of faster and faster changes, do you think the successful transformation of a large company is a high probability event or a small probability event? Of course it is a low probability event. If it is a high probability event, then the most successful company today may be "Guanzhong Holdings", which has been in Panheng for thousands of years, or "Shangyang Investment Group".

Where is your position? The reason why you can stand on the top of the trend is because the successful companies in the past have grown old and even died. If the telegram of the post office can successfully transform with a high probability, there will be no China Telecom; if China Telecom can successfully transform with a high probability, there will be no China Mobile; if China Mobile can successfully transform with a high probability, there will be no Tencent WeChat.