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The tens-billion restaurant empire has collapsed. What is the current situation of founder Tan Yutou?

Tan Changan, the founder of Tan Yutou, is currently heavily in debt and has no choice but to auction off his trademark. My life is very difficult now!

Tan Yutou hot pot restaurant, which once pushed Haidilao out of the street for several blocks, is completely cold this time. During the May Day period, the most valuable trademark of Tan Yutou was sold off, which means that the people who lost the trademark It would be even more difficult for Tan Changan, the founder of Tan Yutou, to start over from scratch. When he was still the younger brother of Haidilao, Tan Yutou had tens of thousands of employees, assets of nearly 10 billion, and stores all over the country. But now, Even the trademark has been taken away, which is really a pity. Tan Yutou actually did quite well before, and most people who have visited his store are quite satisfied. According to founder Tan Changan, the reason for bankruptcy was due to the listing, because in 2009 and 2011, Tan Yutou was listed twice through backdoor transactions. He even signed a gambling agreement, but it all ended in failure. Later, Tan Yutou also fell into a deep debt crisis and ended in failure. Of course, some of the private practices of the founder are also very bad. For example, he likes gambling. He often went to Macau and other places before, but let’s not talk about it today. I think it’s important for people to be self-aware. It’s like this, even if you know you can’t do something, you still For this reason, he reluctantly embarrassed himself, borrowed money from small and micro businesses to gamble, and got himself into a debt crisis and eventually went bankrupt. In addition to Tan Yutou, many companies also experienced similar bankruptcies. That is because the market does not believe in tears.

The foundation of an enterprise lies in decision-making. Correct decision-making is the short-term and key to the development of an enterprise. Just like what we often call survivor bias, just like some of our people and enterprises now, their success has always been In the beginning, it was all due to chance. He may not be able to explain why he succeeded. Some may be because of good luck. Then, he will feel that he will continue to be good in the future, regard chance as inevitable, and ignore the nature of the development of things. This often leads to failure midway. There are still many such people and companies. I hope they can correct themselves as soon as possible and change from accidental success to inevitable success.