And the second is very counterintuitive you can get the best people in the world.

Its business is advancing quite well.

There are also financial reforms in rural China.

In the '70s well, beginning in the '60s

But now, over this period of time, over 2008, 2008 happens.

They borrowed it from their local mortgage broker, who then sold it to a bank, or to an investment bank, who created the special purpose entity, and then they IPO the special purpose entity and raise the money from people who bought the mortgage backed securities.

You cannot run a business by standing still in a rut.

I was just telling them, fred.

So, the very first question you've got to figure out is

You want your exponential growth guys are gonna get busted.

Do we know exactly when this happened? I mean, could it have been during school hours?

It never stops.

(Laughter)

The new venture was financed by a group of entrepreneurs.

Postal services are a government monopoly.

What's an operating plan? Well, it's the business plan.

Really? What kind?

If I have a few more years alive, I'll live much better.

And now instead of you getting the payments, I get the payments.

What are we, running a charity?

So I'm a third entrepreneur and I see an opportunity for business and I call that business a bank.

What we want to do is from the page, do a bunch of work get the URL.

This job eats money.

Their business came to a standstill for want of money.

We use business to solve problems of the Deaf.

Banking.

Recently he launched a new business.

And a customer development team says,

I gave the example of this bank that I keep using

(Applause)

So what they do is, they create a corporation.

We can either be on the wagon or we can buy foreign reactors in the future.

I'm the guy that wants to help. This is our thing.

And whether or not that's true, that's a tough case.

Tourism generated many new jobs.

Well, the farmers think that they have 1,000 gold pieces.

I am doing business on a large scale.

He accomplished the great undertaking at last.

He is doing business on a large scale.

He was my business associate.

His company is extending its business.

I hope to be engaged in the export business after graduating from college.

What started as a oneman operation Soon grew into a thriving business

I'm on their board, and

And I said, boy, what a waste, because there are actually good projects out there that people could maybe irrigation ditches, factories, a tool factory, anything else.