Entrepreneur's expedition to Qomolangma

2011-10-20 10:39:00 | From:

Many successful entrepreneurs in China like adventure sport as they see conquering natural difficulties the same as managing a company.

Today, we introduce one of them, who has climbed the world highest mountain- Mount Qomolangma twice.

Like many successful entrepreneurs in China, 57 year old Wang Shi, owner of Vanke leading real-estate company in the Country, is an enthusiastic fan of adventure sport. In particular, he enjoys hiking. In 2003 and 2010, he reached the peak of Mount Qomolangma twice.

Wang shi's name is not "2003 China 100 rich list" list, but he has more influence than the vast majority of 100 billionaires because of his publicity and adventurous experience.

Life adventure trained Wangshi's adventurous personality

By all standards, Wang Shi is a successful businessman. All along the way, he has been exploring different areas in business with the same adventurous spirit he used in conquering the highest mountains in the world.

His first adventure can be traced back to the 1980s. Back then, he was a liaison person in the provincial Foreign Trade and Economic Relations Committee of Guangdong. The job was stable and envied by many. But that wasn't enough for Wang Shi.

"I felt depressed. My life was slow-paced. In my work, I saw a huge gap in the living conditions of different people. I also wanted to try my hand at business and improve my own life."

Wang Shi quit his job in 1983. He was still not sure what to do, but he knew where to go: Shenzhen, the very frontier of China's Reform and Opening up.
He soon found an opportunity in the corn business and made his first pot of gold. However, Hong Kong discovered cancerogenic elements in the chicken feed. Almost overnight, the market for chickens dried up and people turned to pigeon meat as a substitute.

"I never believed that people would quit eating chicken. The flavour of pigeon and chicken is totally different. If people in Hong Kong were to restart eating chicken, they would also need my corn."

Some days later, the Hong Kong media released some breaking news. It proved that the previous news about cancerogenic chicken feed was not true. Corn, once again, became a hot commodity.

Bet on real estate market

In 1988, when Wang Shi entered the 37th year of his life, he started to shift his business to real estate. That year, he started his company called 'China Vanke'. Vanke was listed on the Shenzhen Stock Exchange in 1991, being only the second listed company. By doing this, Wang Shi was a pioneer in assisting his company to become a modern enterprise.

After 1992, the stock market and the real estate company became popular and many tried to get involved. Some real estate business could make a profit of more than 40 percent. But Wang focused on improving the quality of his projects. Actually, he made a rule in his company that if a deal made a profit of more than 25 percent, they would drop it.

Today, Vanke is the leading real-estate company in the country, and has won many national awards including the "China Award for Architecture".
Wang Shi says he would like to position his company as the pacesetter, rather than the leader, in the real estate industry.

Journey to Tibet, challenge climbing the Mount Qomolangma

In 2003, Wangshi reached the peak of the world highest mountain -Mount Qomolangma at the age of 52, the oldest amateur climber of the Mount Qomolangma in the world.

Again in 2010, before his 60-year old birthday, Wangshi climbed the Mount Qomolangma with an environmental-friendly mountaineering team to promote the environment protection around the Mount Qomolangma area.

Wang Shi says life is an endless adventure, and he will move on to face the next one.

Photos of Wang Shi's journey to the peak of the Mount Qomolangma:


[Photo/Wangshi Website]

 

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