Peter Peterson and Steve Schwartzman worked with Lehman Brothers for many years. Peterson also formed friendship with Sony CEO Akio Morita in his early years, and his first pot of gold was the horse-dollar fee he earned from each other.

Blackstone's first fund won 32 investors including Nikkei Securities, Metropolitan Life Insurance, General Electric and General Motors Pension Fund, raising a total of US$850 million.

This shows how strong their professional level, connections and social background are, but they are all very difficult at the beginning. The actual situation of Shimoto Masayoshi is much worse than that of their early creation.

Masayoshi Kishimoto had no choice but to go through the ordinary path if he wanted to build an investment company. With his deep background in the industry of Brother Bai Qing, he was relatively easy to gain the trust of his past colleagues.

After all, Brother Bai Qing’s business is completely legal in the RB law, but in secret there are too many secrets of all kinds, large and small.

Among them, there were countless fights between swords and swords behind their backs. In addition, there were police security management fees, political cash, etc.

Masayoshi Kishimoto knows that in the true sense, the industry of Kazukiko is an industry in a gray area.

Why does the RB government still allow it to exist? It is because it knows that gambling is an unforbidden industry, after all, it is something that is inherently possessed in human nature.

Because life is impermanent and there are too many uncertain factors, it makes people gamble. Everyone has gamblers, and the difference is that the things you gamble are different. Are you gamblers gamblers?

Are you gambled when doing business? Is studying also gambled for yourself, your family, and even your family to have a good future and a better life in the future?...

The RB government's attitude is that instead of letting gambling grow uncontrollably and uncontrollably, it is better to let it be controlled.

The two major benefits of this are: one is that some money is not allowed to flow directly into the private pockets of small groups of interest groups, and the other is that it saves various social costs of vigorously catching gambling.

Moreover, there are still many positive helps in taxation and economic development. Otherwise, Singapore’s founding father *** would not go back on his promise.

He once said that as long as I live, there will be no casinos in Singapore. As a result, he agreed to issue legal licenses for Sands Casino and Sentosa Casino.

At this time, the legality of the RB gambling industry was limited to gambling horses, pycs, lottery, etc. It is absolutely not allowed to open a casino, Texas poker, etc., and it is illegal to explicitly prohibit it.

However, twenty years later, the RB government revised the law and loosened it, causing the gambling gameplay of Baccarat to become legal.

Kishimoto Masayoshi takes a different approach, and only by taking advantage of the one he has that others do not have can we get more money.

In general, although this money is the hard-earned money that many people lose, it is not black money and does not require money laundering through their own hands.

Otherwise, your own investment company will definitely be exactly the same as those usury companies on the street that are under the banner of financial management, micro-loans, etc., or become an underground bank that mainly engages in money laundering and helps others transfer illegal assets and other businesses overseas.

Peter Peterson and Steve Schwartzman voluntarily resigned from the Lehman Brothers, which was not a temporary hothead.

They still make the most of their background and resources around them. They not only have friendships with Sony's founder, Akio Morita, who is known as the god of business, but also have friendships with GE, the legendary CEO of General Electric, Jack Welch, who is known as the world's number one CEO and the most successful and greatest entrepreneur in contemporary America.

Otherwise, if you can't even see one of these people, no one will listen to you. So, the chicken soup technique of "one-minute elevator speech" will be born. Often, the result is that the parties involved feel that they are offended by rudeness, there is not much left.

These people who worked hard to run around were basically college students who had just graduated from college, but the slightest effect was not achieved, and they were completely useless.

No one who studies management knows how powerful GE is. If you don’t know, it can only prove that you either skip class or go to bed during class.

It is a business involving all business except for drugs. It is also one of the few companies in the world that can achieve true success in multiple business strategies.

When Jack Welch was CEO of GE, he proposed the best strategy, that is, if many of its business departments are not ranked first or second in their respective industries, they will be directly divested and sold.

In addition, the Six Sigma standard he founded, globalization and e-commerce, almost redefine modern enterprises.

Six Sigma is a technology that improves enterprise quality process management. With the perfect business pursuit of "zero defects", it drives a significant reduction in quality costs, and ultimately achieves an improvement in financial results and a breakthrough in enterprise competitiveness. It was developed based on the high-quality management of RB people.

In just 20 years when Jack Welch served as chairman and CEO of General Electric, GE's market capital has increased by more than 30 times to US$450 billion, and the ranking has increased from 10th place in the world to 1st.

He himself is just a PhD in chemistry from the University of Illinois, not a graduate of world-class business schools such as Harvard, MIT, Princeton, and Stanford.

The MBA (Master of Business Administration) at Harvard Business School is known as a "money printing machine" in the United States. In other words, the graduates have a high annual income, but they are said to be useless in their personal autobiography.

For this reason, Kishimoto Masayoshi recognized it. He learned in his previous life that he was a major in business administration. The theoretical set of Peter Drucker, a master of management and the father of modern management, was so exciting in the classroom that he seemed to have a lot of insights, but it might not be able to be used in practice.

I hope that the person I learned can become a versatile in the future. I am not unaware that the business administration major is a major that is “six differences”.

Finance, accounting, human resources, marketing, logistics, foreign trade, advertising, economy, etc., can be said to be incompetent, but its value lies in the word "management".

As a manager, you really don’t need to do anything specifically, you just need to understand how things can be done in one go. As the saying goes, those who are capable manage people, while those who are not capable do things.

However, the problem is. College graduates do not have any social experience or work experience. Who dares to put you directly in a management position? Unless it is their own company.

Theory and practice are completely different things. When I really got into a management position, I realized that most of the 100 books I learned were useless.
Chapter completed!