How did the DuPont family, the longest lived company in the Fortune 500, do it?

Business is turbulent and ever-changing. There are infinite variables at all times, and in China we think that there are very few companies that are more than 20 years old, and the same is true in the world, and their companies have not been around for a long time. But there are some companies that make such an exception, and it is DuPont, which is the longest-lived company in the Fortune 500, breaking some people's mindsets and some theorems, and their family can do it because they care about the education of their children and grandchildren, and they know how to invest and protect their wealth.

1. Successful families pay attention to education, and there is an old saying that you can't be rich for three generations.

In fact, it is talking about some rich second generations, and the rich third generations have nothing to do, so they will not be able to inherit the family's property, and the family will be ruined. And DuPont.

Our leaders are very concerned about this issue, and they are family businesses.

If they are not willing to learn, they will not be able to inherit the family business, and the business will be left to someone who can afford to take charge, which is the DuPont family.

The main reason for this is that they focus on educating every leader to be a competent person so that the family business can be long-lasting. <>

Second, the DuPont family knows how to invest in many things they have invested in, and it has been popular until now, and it is the most discerning place for their family to make corresponding investments at the right time, so that they can get the maximum harvest at the minimum cost, keep up with the changes in the development of the times, and invest accurately. Moreover, the commodities they invest in have a hedging value and can be used for a long time, which causes their products to always have room to exist. <>

DuPont lived so long, and he would still survive in various places, because his products did not involve some major military industry, so there was no more personal property, and it was in a neutral position, which was more in line with the social environment at that time and the current environment. It's a survival wisdom, it's a big family.

The DuPont family won. They have taken a path that suits the development of the company, and the continuation of the family is not so cronyistic and public-private, so that the family company can always exist.

They attach great importance to the education of the young people in their family, they start from a young age, and they also know how to invest.

In fact, I have been doing things cautiously, looking at the annual financial reports, I know that I have not made any particularly big moves or innovative ideas, and I have made small adjustments according to the actual situation little by little, so as to stabilize my position in these top 500 companies.

First of all, the DuPont family regards wealth as the most important thing, and for more than 200 years, the DuPont family has continued to evolve with the trend of the times, coupled with the strong economic strength as the support, so it has been standing.