Looking back today, Wang Jianlin makes people regretful, but his strategic contraction is mainly due to the changing environment and “the heroes are not free to transport.” The collapse of Wang Sicong’s “investment myth” is entirely a problem of his own talents. For example, Panda Live, where Wang Sicong is the CEO, has not found an effective business model after three years of operation. Panda has always relied on capital for blood transfusion, and live broadcast platforms such as Huya and Douyu have also attacked it. In 2019, the long-term unprofitable panda live broadcast finally closed down, leaving behind a pile of money owed storms. This is a project that Wang Sicong has deeply participated in in the company’s entrepreneurship, and his investment work, some of the investment income is also overestimated. It is said that the Ledou game (privatized), which has an investment return of 5 times, was close to listing when Wang Sicong intervened, and it broke soon after the listing. How to achieve 5 times the return? Yunyou Holdings and Tiange interacted, these two game companies went public and soared, and the media helped Wang Sicong calculate their performance; the problem was that early investments had a limited sale period. Before the ban was lifted, the two companies started a long downward road, and then cashing out would only Loss. How does Wang Sicong achieve high returns? Judging from the information excavated by the financial media, Wang Sicong has invested in few profitable projects and many loss-making projects. Looking at the length of time, his investment record is not outstanding. Considering that many investments are based on Wanda’s resources and influence, such results are even more ugly. Wang Sicong rarely expresses his investment ideas. His investment projects span the fields of games, entertainment, catering, and new energy. It seems to be a pan-entertainment industry, but there is no consistent logic—perhaps the biggest logic is that Wang Sicong likes. Just like the krypton gold player in the game, Wang Sicong smashed with big money. Of course there will be successful cases, but Wang Sicong’s own investment skills have not improved. Once the tide of capital recedes, the game can no longer be krypton gold, Wang Sicong’s mediocrity in investment is reflected. Wang Sicong doesn’t seem to care about these, and he rarely sees news related to his investment business in the media. More are the hot topics he created on Weibo, and the wonderful life that he exposed from time to time. In just a few years, Wang Sicong’s public girlfriends or rumored girlfriends reached as many as 19, and each of them was an internet celebrity. Wang Sicong is keen on this, enjoys beauties, and likes to be surrounded. He has become a “net celebrity” on Weibo, and he has a true temperament and loves to play. Weibo is his show, mocking various stars for “Daguai”. Isn’t this normal for mediocre investment performance? Many people do not understand the business world and lack understanding of investment. They think that if they have money and resources, coupled with connections, is it not easy to make money? In fact, the wealthy also face various investment traps. They are limited by their knowledge background and often have misunderstandings; and their superior living environment tends to misjudge the specific business world. Like Wang Sicong, he is born with a good background and has a sense of superior IQ (Wang Jianlin once criticized Wang Sicong for having “severe IQ superiority”). It is only natural that the noble son who spends all his time in the pile of gold powder is misled by his own personality defects and temptations. It can be said that Wang Sicong’s investment for many years is only mediocre, and it is rare that he has not encountered a big thunder. Most successful investors are hard-working readers and researchers. If, like Wang Sicong, the wandering skeletal person can also achieve great success, it is a weird thing. 2 Underestimated Wang Jianlin Wang Sicong is 33 years old this year, unless there is a big self-awareness in the future, he will most likely continue to be so cynical. It may not matter to him, game life is better than hardship haha. Compared with Wang Jianlin back then, people can’t help but sigh with emotion. Wang Jianlin was born in a military family and worked hard and strives for the strong since he was a child. Wang Jianlin started as a soldier and was promoted from squad leader to platoon leader and company commander. When he retired, he was already regiment leader. At the age of 34, Wang Jianlin served as the director of the government office and took over the old city reconstruction project in Dalian. From this, he went to sea and made his first pot of gold. Compared with Wang Sicong, Wang Jianlin’s early resume is not glamorous, but he has obvious qualities of success. Wang Jianlin works decisively and resolutely, has a strong ability to act, and has strong business judgment. From the early transformation of the old city, to the transformation of commercial real estate and cultural tourism projects, to the entry into the entertainment industry, the acquisition of AMC, the second largest theater company in the United States, and the acquisition of American Legendary Pictures, Wang Jianlin has stepped on every rhythm. After 2017, the environment changed suddenly, overseas investment and mergers and acquisitions were suspended, and Wang Jianlin broke his arm to survive. Although the title of the richest man was lost, Wanda survived and lived well. A few years ago, financial leverage was also used extensively, and a large number of domestic and overseas mergers and acquisitions were carried out. Wanda is already much luckier than a certain state and a certain airline. Wang Jianlin is in the real estate business, and entrepreneurs in this industry do not seem to be respected as much as in other industries. Many people think that real estate development has no technical content. If you have money and have government relations, it’s not enough? As a matter of fact, real estate development is an extremely complex systematic project, which not only involves dealing with dozens of government departments, but also involves various tasks such as banking, construction, construction, sales, and real estate. As for the commercial real estate and cultural tourism that Wang Jianlin is involved in, it is even more complicated. China’s real estate industry is controlled by the government and is highly market-oriented. There are hundreds of thousands of real estate companies across the country and hundreds of large-scale enterprises. The competition is extremely fierce. In downstream sales, real estate developers have to formulate sales strategies and also deal with government policy interference. Real estate is a highly leveraged industry. Once the sales are not smooth, it will face the end of the capital chain breaking and collapse. However, if you do not increase leverage, you may fall behind in the competition. This places high demands on entrepreneurs. Wang Jianlin is regarded by many people as a manly character; or the old-school boss who sings “Nothing”. In fact, Wang Jianlin has the consciousness of entrepreneurship. He once talked about entrepreneurship in his speech: innovation (I think the innovation of business model is the most important. More core than technological innovation, management innovation, marketing innovation, etc., is the re-engineering and innovation of business models), persistence (doing An enterprise has two very important points. First, it is not afraid of failure, but also to be able to keep making progress) and responsibility (to develop the enterprise well, this is the first and greatest social responsibility of an entrepreneur.) Wang Jianlin’s summary of entrepreneurship is inconsistent with the academic discourse. But this is not important. The important thing is that he realizes that entrepreneurship is very unique and can only be obtained in practice-to some extent, it comes from innate understanding. Wang Sicong was sent to the UK to study at a very young age, from childhood to university, studying philosophy at university, and fluent in four languages. Wang Jianlin obviously cultivated Wang Sicong as a “Prince of Wanda”, but it was a pity that Wang Sicong was far from his father’s expectations. Wang Jianlin once said that he regretted sending his child to study abroad early. In fact, even if Wang Jianlin kept his son by his side since childhood and taught by example, the result may not be satisfactory. Entrepreneurship is so unique, it is a series of comprehensive capabilities. Whether a person has an entrepreneurial spirit is affected by personality, interests, education, and accidental experience. It can only be discovered by digging, and it is difficult to be deliberately cultivated. Wang Jianlin has only one only son, and the more he deliberately cultivates, he may stifle the heir’s nature. Such things are often seen by other companies. 3 Why are you not rich for three generations Entrepreneurship has been an area that has been neglected in economics for a long time. Traditional economics talks about resource allocation, and various resource elements are combined under the action of prices to form new wealth. As for the innovation and creation, the role of entrepreneurship is often overlooked. As for how the entrepreneurial spirit is formed, it is basically ignored. Entrepreneurship requires curiosity, cleverness, keenness, and perseverance to have the most powerful motivation, which can only be found in the crowd. The more free, relaxed, and innovative people are, the more likely it is that entrepreneurs will be born. Such a “law” is indeed a tragedy for entrepreneurs. They have to face the embarrassing situation of “one generation is worse than one generation”. In many family businesses, we can see the inheritance of “one generation of huge wealth, second generation of finance, and third generation of art”. This is essentially the disappearance of entrepreneurship. As time goes by, the mean returns, and some very wealthy families will appear mediocre or even prodigal. In order to prevent this situation from appearing, many large companies turn to professional managers after the death of the first and second generation founders. For the whole society, such “richness is not more than three generations” is natural and healthy. Wealth will not be permanent because of family surnames. For those who are not worthy of virtue, wealth will soon disappear; and the poor will always have the opportunity to surpass as long as they cultivate their children well. There is metabolism in the human world, and the communication between the past and the present. Only under this wealth system can society not form “class consolidation”. It is never the market economy that solidifies the class, but the officials outside the market

1. Wash your face less than 2 times a day: According to the Insider Whether it’s necessary to wash your face twice a day depends on your skin type and skin condition. Dry or sensitive skin types can clean once in the evening, but oily skin needs to wash at least twice a day. In the morning, you can pour the toner on a cotton pad and wipe your face instead of cleansing to moisturize the skin. Image: Regres E. 2. Ignore the stinging phenomenon: Dermatologist Audrey Kunin says many people don’t care about skin stinging when using new products. “Skin burns or irritation by skin care ingredients will disturb the protective acid layer leading to more sensitive, even infected skin,” she says. Therefore, you need to consult a dermatologist before buying the product. Image: Brides. 3. Washing your face with soap and water is enough: Dermatologist Rachel Nazarian shares with Insider : “Conventional soap strips the skin of its natural oils, disrupts the skin’s pH and damages the skin barrier. This can cause dryness and irritation.” Instead, clean your skin with a mild, fragrance-free cleanser to lock in moisture. Image: Pulse. 4. Use a brush to wash your face This is a common practice among men. Brushes or mechanical scrubbers can cause small cracks in the skin, increasing the risk of irritation and causing the skin to produce excess oil. If you want to exfoliate, use a soft cloth or a gentle physical product. Image: Foxongreen. 5. Use a towel to dry your face there will be problems in two cases. First, if the towel is contaminated with bacteria or mold, it will cause acne. Second, the towel material is too hard can cause skin damage when you rub it on your face. The best way is to let your face dry naturally. Image: Okadin. 6. Just removing makeup is enough: While removing makeup is the first step in your nighttime skin care routine, it’s not the only step, says dermatologist Rachel Nazarian. “Makeup remover cotton removes large amounts of bacteria, dirt, and excess oil but leaves a residue. This can lead to acne or infected skin, especially around eyelids and eyelashes. Proper facial cleansing requires a cleanser containing mild ingredients,” she shared with Insider . Image: Insiders. Why are you prone to acne? Certain daily habits can cause breakouts, affecting your appearance.

Supply crisis in Lebanon Queuing for a little gasoline

Status: 14.06.2021 8:41 a.m.

There is currently a shortage of fuel, electricity and medicines in Lebanon. Because the country is in a serious economic and financial crisis. Many Lebanese fear that the situation will get worse. By Anne Allmeling, ARD-Studio Cairo, currently Beirut Layali has almost reached her goal. Six or seven cars are waiting in line at the gas station in front of her. Then it’s her turn. “I don’t know how much I get, but I take as much as they give me.” Layali, who doesn’t want to give her last name, has been waiting for two hours to fill her tank with at least a few liters of gasoline. The 31-year-old works as a lecturer at a university in the center of Beirut. She needs the car on the way to work. “This is the second day I’ve tried to get gasoline. I drove all over town yesterday to find an open gas station. Then I waited four hours. When there were only four or five cars left in front of me were in the queue, it was said that there was no more gasoline. ”

Country has been in crisis for almost two years

Anyone who wants to refuel in Lebanon needs a lot of patience. Because fuel is in short supply. The country lacks the foreign exchange for imports. Lebanon has been in a serious financial and economic crisis for almost two years. The corona pandemic and the explosion in the port of Beirut a good ten months ago made the situation even worse. After its resignation, the government is only in a managerial position, but hardly able to act. In addition, there is a risk of state bankruptcy. Gasoline prices have more than tripled – but many Lebanese have no choice. “There is no public transport, no railroad. There is only private transport,” says Jihad Shehab. The 52-year-old salesman has been waiting for gasoline for his old Mercedes for an hour and a half. Because the line is moving very slowly, he got out of the car and is talking to a friend. “The situation is getting worse and worse. Nothing is progressing, neither in the government nor in the state, nothing,” he complains. Everything got out of hand. There is a dispute right in front of the gas station. A taxi driver complains: He only got twenty liters – not a full tank like the customer before him. His car has a special license plate that only a few Lebanese can afford – if they have the right connections.

FAQ 08/06/2020

Hardly any protests against the political elite

Nepotism and corruption are widespread in Lebanon. One reason why influential politicians and business people have been able to enrich themselves on a large scale in recent decades – at the expense of the state, which is now almost bankrupt. These people should be driven out of their offices, says a young woman who does not want to give her name: “Those responsible in Lebanon do not take any responsibility. The only solution would be for the people to put pressure on the state.” But if there is no uprising, the situation will not improve. Protests against the political elite are sporadic in Lebanon, however. More than half of the population is now considered poor. Most people are busy every day to ensure their survival and that of their families – like Layali. She is now number three in line – but even today she does not get any gasoline. The gas station closes before it is her turn. “Unfortunately, it didn’t work out. This has happened to me for the fifth time. I have to keep trying.”

Be careful when applying masks with natural ingredients. Many women often believe that using natural ingredients is not only cheap, but also improves the skin safety and effectiveness, without worrying about side effects. However, this is not entirely true. Because in fact, if you choose fruits and vegetables that do not have a clear origin and are not cleaned properly, when used directly to apply to the face, the chemicals will damage. skin surface. In addition, according to studies of dermatologists, scent in beauty products is also the cause of skin inflammation. Accordingly, the types of organic ingredients in skin care products such as chamomile and lavender are believed to be the most common allergens. No skin care Many people believe that natural skin is the best. The cosmetics contain more or less chemicals, used on the skin is not as good as the natural beautiful skin. However, with the current environmental and climate pollution, your natural skin can hardly be resistant to bad influences without the help of beauty products. There is no need to use too many cosmetics on the skin, just provide enough nutrients to keep the skin healthy against the negative effects of the environment. That is the way to maintain natural beautiful skin. Using too many cosmetic layers In contrast to those who worship natural beauty, some have outrageous skincare treatments. Using many layers of skin care, makeup, wishes to resist the effects of the environment and climate but they forget one thing that, skin also needs to breathe. Using too many layers of cosmetics will make the skin secret, nutrients cannot be absorbed into the skin, but in turn becomes the membrane that holds all kinds of dirt, causing acne and many other skin problems. The best way to effectively take care of your skin is to use the right amount of care products suitable for each skin type to make skin more healthy, shiny. Mask more than 2 times / week Masking at home or at professional skin care centers is a very useful skin care treatment, helping to remove dead cells, deep cleanse, unclog pores. However, 2 times a week is the limit for this therapy. You cannot because you want your skin to be faster and more beautiful but abuse this method because the pores will expand and the skin will be damaged. Sun protection only in summer Ultraviolet rays are factors that cause aging skin. Even in winter, solar radiation is active and your skin is still affected by ultraviolet rays. So, just sun protection in the dry season is not enough, you need to sunscreen your skin all four seasons of the year. Wash your face too many times Cleaning the skin too often, more than 2 times a day will cause the skin to lose its outer moisture protective film, which will unbalance the moisture on the skin surface. This stimulates the sebaceous glands to work, secreting more oil to protect the skin. Therefore, finding the right cleanser and using it correctly is an important secret to oily skin care. Do not use oil blotting paper When going out, be sure to bring oil blotting paper with you. You can use oil blotting paper 2 or 3 times a day to remove oil from your face, this also helps remove dirt from the surface. Opened pores will limit the growth of blemishes or oil.

1. Leave the mask on for too long Many girlfriends think that you keep wearing a mask for as long as possible. A long application of the mask will help the essence from the mask penetrate more into the skin. But this belief is false. Wearing the mask for a long time will make it very dry, the mask will absorb all the moisture on your skin. If you wear the mask for a long time, it will affect your skin. Instead of moisturizing your skin, applying a long mask will take away the moisture from your skin. Therefore, you should not apply the mask for more than 15 minutes. 2. Place the mask in the refrigerator Many girls think that putting the mask in the refrigerator will make the mask cooler, making the skin moist and softer. However, the truth is that the colder the mask is, the narrower the pores are, and the essence cannot be absorbed from a normal mask. Therefore, you should only store the mask at room temperature. 3. Reuse the mask Some masks are expensive and hard to find. Therefore, it makes many people feel regretful and reuse used masks. But you should know that reusing masks is a very bad thing to do. Because the mask is designed for one-time use and then discarded. Reusing the masks will reduce the effectiveness. The used mask is not as clean as the new one. It is possible that germs, dirt have penetrated the mask. Quynh Trang / According to Sanook

Makeup remover incorrectly Removing make-up is an important step that cannot be ignored after a long day of sticking with makeup, but rubbing hard is also harmful to the skin. This can cause irritation and damage to the face, especially for people with sensitive skin. You should cleanse your face in sequence, including removing makeup, using a gentle cleanser and using toner to completely remove any makeup residue. It is necessary to clean the makeup layer to avoid bad skin problems. Photo: Getty. Little concern is the cleanliness of makeup tools Tools such as brushes, foam base will help you make makeup easier. However, it can be a source of bad skin problems if not cleaned. Makeup should be cleaned after 1-2 weeks of use. After washing is finished, you should pay attention to dry them in airtight places to avoid dust and dirt contamination. Don’t check the shelf life of your makeup The shelf life of makeup is an important factor, but women often do not notice this. Often times, many people do not remember when they first started using the product. Therefore, they keep using it even though it has expired. Using expired makeup will have negative consequences for your skin. Photo: Getty. By page Insider, Every makeup item has a different shelf life. For example, it is not recommended to apply lipstick after a year of opening it. Products such as foundation, foundation, eyeshadow, and blush have a shelf life of 2 years. Mascara, liquid eyeliner should be replaced after 3 months. Do not care for the lips Outside of the skin, do not forget to take care of your lips. After every make-up, lips tend to go dark, chapped and less attractive. You should apply lip balm before going to bed, exfoliating lips at least once a week. Using lip balm regularly will help keep your lips lustrous. Photo: Getty.