Although coming from a poor family, Ly Gia Thanh once had to drop out of school because of family circumstances, but thanks to his energy, relentless efforts and burning ambition that can change his life, the Chinese-born billionaire made many people respect. His business lessons inspire and motivate millions of people, including the poor, who want to get ahead in life.

1. Think positive but don’t forget to prepare for the worst case scenario

Born into a poor family, Ly Gia Thanh had to stop studying at a young age to help support the family. Ly Gia Thanh’s academic and career path was not very smooth and was interrupted many times and had to be stopped in the middle. The most upheaval in his life was that after World War II, his family had to move to Hong Kong, his father died of tuberculosis. Ly Gia Thanh had to drop out of school completely to work to earn money for his family at the age of 16.

However, he is always optimistic and positive to overcome himself and overcome the challenges of life for him. His positivity goes hand in hand with caution and foresight. An acquaintance of Ly Gia Thanh shared: “He is a very worried person. 90% of the time every day is spent thinking about things that never happened.”

It seems that this is a habit that is ingrained in the personality and thinking of the Chinese billionaire. It is thanks to the concern and foresight of the assumptions and difficulties in the future that when things happen to him, he is ready to accept and solve them calmly.

2. Knowledge will change your life so don’t stop learning

Entering a plastic factory at the age of 16, after only 2 years, Ly Gia Thanh was considered to be a manager thanks to his hard work and eagerness to learn. He shared that: “The first turning point in my life was after World War II. My boss needed a handwritten letter, a colleague recommended me to take on the assignment. The boss complimented my well-written letter. The boss was satisfied with the job and promoted me to be the head of a small department. I believe that knowledge can change lives.”

Ly Gia Thanh may not have learned much from school, but he reads books and learns from movies from real experiences. For him, only when you have knowledge in your head can you confidently work and it is only through knowledge that your life is different from this one.

3. The secret to managing a variety of businesses

After more than 50 years in the market, Ly Gia Thanh realizes the business lesson that business owners need to realize is to cherish employees – the company’s most valuable asset. For small businesses or family companies, the leader has to do a lot of work. As for businesses and large corporations, employees will join hands to work to accomplish the goals and missions set by the boss. So make them feel attached and comfortable at work. The secret to being a great leader lies in identifying and employing the right people for the right job.

4. Stability and development go hand in hand and are not mutually exclusive

For many businesses one is choosing stability forever maintaining the status of the business in a safe way, avoiding risks; The second option is to expand the business to win or lose. According to Ly Gia Thanh, development and stability are not contradictory or mutually exclusive, but can complement and support each other.

He shared that when he started his business, he only had a small amount of capital, so he chose to focus on stability, cautiously not daring to expand, but he always had a fighting spirit. He never forgot his duty to maintain stability while finding ways to grow and expand. Both are important and it is best to balance them.

5. Don’t think that success is “falling from the sky”

Entrepreneurs still have the mindset of waiting for the good fortune to come on the career path. It is undeniable that “the time to create heroes” but instead of waiting for unknown time, Ly Gia Thanh advises businessmen to strive and strive with their own strength.

Ly Gia Thanh came up from empty hands thanks to his hard work and determination to change his life with success. It seemed to him that he certainly did not rely on luck but on his own strength.

6. Simple lifestyle makes great things

Ly Gia Thanh is famous for his saying about living and getting rich: “When you are poor, stay at home less and go out more. When you are rich, stay at home more and go out less. This is the art of living. If you are poor, you should spend money on others, when you are rich, you should spend money on yourself.

Despite being the second richest billionaire in Asia, Ly Gia Thanh has a habit of wearing simple clothes and a very simple lifestyle. He advised young people to set up a personal living fund, eat healthy at home and ensure health. Knowing how to make a lot of money, you also have to learn how to spend wisely, saving does not mean being miserly.

7. Always help others

Born not as children living in silk, brocade. Ly Gia Thanh has worked in many different positions and industries to earn a living. He understands the suffering of the poor and less fortunate. Therefore, he attaches great importance to helping others by supporting education. He has given away more than $1.4 billion to charities.

“I will continue to do so and more. It’s not because it’s an obligation, it’s a motto of my life,” Ly Gia Thanh said.

From a poor boy who had to drop out of school to work as a hired hand to the name “superman” in Asia, Ly Gia Thanh is an example of overcoming poverty and achieving success worthy of the young generation’s learning. His business lessons have inspired and motivated many people to change lives.