Bringing Foxconn up like a kite, the man was fired again for taking a day off: Starting a business at 50, making $2.2 billion in less than a decade

Take a day off and suddenly get fired

Ta Quan Hong graduated with a degree in electronic engineering from National University of Science and Technology and Peking University. After graduating, he and his friends founded a technology company specializing in manufacturing screens. He is mainly responsible for the technical part and achieves good business results. However, not satisfied with reality, he decided to withdraw capital to establish his own company.

Accordingly, he started at the second company with the field of manufacturing advertising screens. At that time, customer demand was not much. Business faltered and the company soon had to close down soon after.

In 2002, at the age of 40, Ta Quan Hong entered the Foxconn factory with the task of manufacturing screens. However, he understands that this is an environment to exert himself, so he does not limit himself. After that, iPod music players, iPod Hi-Fi speakers, Kindle e-books, Lenovo tablets and other popular electronic products were all designed and manufactured by this man.

Having made many contributions to the company, he once rose to the position of director of the division. Ta Quan Hong is the one who closely followed the cooperation deal with Apple, “not eating, not sleeping” for 2 weeks to help Foxconn win Apple’s iPod orders, starting the series of “up like a kite in the wind” Group. Even with his negotiating skills, he won this order in just 15 minutes. In addition, this man also helps Foxconn receive all the orders for the production of Kindle reading devices from Amazon.

Collectively, this man’s presence at Foxconn has helped the corporation reach an estimated 10 billion USD in revenue. Even so, he was still fired by CEO Quach Dai Minh after more than 10 years of contribution.

Accordingly, in 2012, Ta Quan Hong’s daughter, studying in Tokyo, had a problem. He took a leave of absence to come to me. However, unfortunately, the day he asked for leave coincided with the regular meeting of Foxconn. Guo Taiming was very angry. This CEO immediately called and fired Ta Quan Hong, who had contributed a lot to Foxconn, over the phone.

It is worth noting that the absence from the above meeting is only the second time Ta Quan Hong has taken a leave of absence during 10 years of dedication to the episode.

Surprise ending

Without such a talented employee, how much Foxconn loses, only CEO Quach Dai Minh knows. But as for Ta Quan Hong, he had a comfortable life after that. As a famous and highly regarded person in the industry, when he left Foxconn at the age of 50, he was immediately invited by Xiaomi’s CEO Lei Quan to work. However, Ta Quan Hong refused.

Ta Quan Hong founded a company right after leaving Foxconn

After leaving Foxconn, a year later, he founded his own headphone manufacturing company called 1MORE. Not to lose the opportunity to cooperate with talented people, the CEO of Xiaomi asked to invest in Ta Quan Hong’s company. And he immediately agreed.

This man has officially cooperated with Xiaomi and became a headphone supplier for the Chinese technology company. Ta Quan Hong’s many years of experience have helped its line of headphones to win the attention of a large number of consumers in the market.

By 2015, after only 2 years, the market value of 1MORE had reached 200 million USD. In 2018, Ta Quan Hong became one of the “top 10 prominent figures of the Chinese economy”.

Today, at the age of 58, this man has an estimated net worth of $2.2 billion. Without the incident of quitting his job, Ta Quan Hong probably would not have thought that within half a decade he could own such a huge fortune.

Maria Robinson once said, “ No one can go back and start a new beginning, but anyone can start today and make a new ending ”.

Therefore, if success has not smiled at you, do not be too strict, sit back and think about what you are best at and then improve yourself. When this door closes, another door will open, the main thing is whether you will create the door for the opportunity to knock on the door or not. Remember, with everything, it’s never too late!

No one can have a smooth sailing life for the rest of their life, because the road of life is always full of thorns and uncertainties. Preparing for a positive state of mind does not mean that we ignore, completely ignore the difficulties, or even run away. What is important is that it makes us proactively prepare the best state to be ready to confront and solve the problem. Really successful people are the ones who always know what they need to do to solve the problem, not sit around and complain.

According to Sohu