Wanda chief gives ‘small step’ ad­vice

China Daily (USA) - - CHINA - By JINDAN jindan@chi­nadaily.com.cn

You shouldn’t be that am­bi­tious. Set a small tar­get first, like earn­ing 100 mil­lion yuan.”

Ad­vice from China’s wealth­i­est man, Dalian Wan­daGroup’sWangJian­lin: Start out small.

Then ask him what “small” means. You might want to sit down first.

“You shouldn’t be that am­bi­tious,” Wang said. “Set a small tar­get first, like earn­ing 100 mil­lion yuan.”

The “small tar­get of 100 mil­lion yuan” ($15 mil­lion) has be­come a hot in­ter­net topic af­ter China’s rich­est man, Wang Jian­lin, founder and chair­man of Dalian Wanda Group, said $15 mil­lion was a small tar­get dur­ing a show on celebri­ties’ daily life­styles.

His state­ment went vi­ral on Wang Jian­lin, so­cial me­dia sites such as Sina Weibo, with the post gar­ner­ing 2.4 mil­lion hits.

One user joked: “Now I un­der­stand, Wang’s wealth of 170 bil­lion yuan is ac­tu­ally made up by 1,700 small tar­gets.”

An­other said: “Think­ing of his wealth, this is in­deed a small tar­get.”

Some even re­phrased the fa­mous line from Neil Arm­strong, the first man to walk on the moon: “That’s one small step for Wang, but a giant leap for mankind.”

Wang made the state­ment dur­ing an in­ter­view on the show about how young peo­ple who want to be­come wealthy should plan ahead. The show also dis­played Wang’s col­lec­tion of fa­mous draw­ings in his of­fice and what he likes to eat for lunch in the Wanda Group din­ing hall.

This is not the first time that Wang’s com­ments have gone vi­ral. His re­marks in May on ri­val en­ter­tain­ment giant Walt Dis­ney also sparked heated dis­cus­sion on­line when he ex­pressed con­fi­dence that Dis­ney wouldn’t be prof­itable in China for 10 to 20 years, and that Wanda planned to over­take Dis­ney to be­come the largest tourism com­pany in the world by 2020.

Wang has been shift­ing Wanda’s fo­cus to­ward the en­ter­tain­ment in­dus­try in re­cent years from its roots in real es­tate.

Wanda signed an agree­ment to in­vest $9.45 bil­lion to build a tourism and sports com­plex in eastern China on Aug 26, its lat­est ef­fort for this plan.

founder and chair­man of DalianWanda Group

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