Theory of Wealth: The Soul and Root of Venture Capital Simulation and Operation: The Soul and Root of Venture Capital Simulation and Operation

Author: Zhao Yanchen
Publisher:
Publish Date: 2004-01-01
Features: Social wealth ultimately comes from industrial investment, and fundamental prosperity for all relies on widespread entrepreneurial activities among the people. How to invest? How to start a business? Are there patterns to follow in industrial investment? What is the correct path to advance steadily while avoiding risks? These are the major obstacles between ideals and reality, standing in the way of achieving general prosperity. Based on practical experience, this book delves into underlying issues, extracts universal principles, reveals general laws, and summarizes them into the concepts investors must possess, the procedures they must follow, and practical methods.
What is the "capital" in investment? This is the first question investors must clarify. It is not primarily about money or material elements, nor knowledge, technology, or information, but rather the soul capital that determines the success or failure of an investment. What is the basis for investment? What sustains it? The "root" of the capital's life is the matrix of its quality, the composite advantages, and the strategic resources that attract others to exchange with it.
Every investor, upon entering the role, faces several contradictions they may not be fully aware of. These contradictions determine that the initial activities of investment are exploratory and experimental in nature—a stage that cannot be bypassed. Simulation programs must be set up to address this. For example, what is the direct purpose of investment? It is not profit but operation. Operation is the prerequisite for solving all problems of the enterprise.
This book is suitable for investors and students and teachers at all universities.