Theory of Wealth Creation (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 grassroots entrepreneurial activities. 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 lying between ideals and reality, blocking the way to general prosperity. Based on practical experience, this book delves into underlying issues, extracts universal principles, reveals general laws, and summarizes them into essential concepts, necessary procedures, and practical methods that must be possessed in investment.
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 investment. What is the basis for investment? What sustains it? It is the "root" of the life of capital—the foundation of capital quality, the composite advantage, 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. It is necessary to set up simulation programs 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 in a business.
The readers of this book are suitable for investors and students and teachers of all universities.