Zhong Shanshan built a $65 billion fortune selling bottled water. The speaker argues that boring businesses that meet basic needs, like furniture, generate more profit than chasing trends. Dominating an everyday market beats a glamorous one.
I look at the Forbes 1000 or rich list. There's this guy in China. He's one of the richest people in China. You know what industry he's in? Is it appliances? Water. No joke. Zhong Shanshan. And I do apologize for mispronouncing your name. That's racist. I can say it because I'm Chinese. But anyway. Net worth, $65 billion from bottled water. The best thing about it is like, dude, people need cups to drink out of. They need water. Like we take for granted so many things in this world from business. And he's like, oh, who wants to make furniture? It's not cool. Well, we all have furniture, it costs money. Someone's making it and they're making a crapload of money doing furniture.
