Chu Quan Phi: From a pig girl who runs every meal to the richest billionaire in the world

The richest self-made female billionaire in the world makes many people admire

The story of a little girl born into a poor family in rural China has built a glorious career on her own and rose to become the richest self-made female billionaire in the world, making many people uncomfortable. from admiration.

That is the story of Chu Quan Phi, the founder of Lens Technology, a company that specializes in providing touch phone screens to the "big guys" in the world electronics village based in Luu Duong town, Ho province. South, China. Lens Technology currently has over 90,000 employees at 32 factories in 7 locations.

Orphan and poor childhood

Born in 1970, in a poor rural village in Xiangxiang town (Xiangtan city, Hunan province, China), Chu Quan Phi had a difficult childhood. She lost her mother when she was 5 years old, her father was also blind and lost a finger in a factory accident.

Born in a difficult situation, her childhood was spent getting up early to pick vegetables for pigs, returning home from school in the afternoon and busy with pigs and chickens.

"I often have to think about what to eat for my next meal and how to get it," she said. Chu Quan Phi always completes schoolwork as quickly as possible so that he can help his family and help his father earn extra income.

In the place where this billionaire was born, the life of all the girls in the village is to get married early and take care of her husband and children. To make money, Ms. Zhou had to drop out of school at the age of 16 and go to the southern Chinese city of Shenzhen to apply for a job.

She once shared that the first day she arrived in Shenzhen became an unforgettable memory. It was a cold, rainy evening, she was so busy walking that she couldn't find the factory she was looking for, and even stepped on a puddle of oil that made her whole body dirty.

Only later, thanks to the help of a student, she found a factory next to a university. She was accepted as a worker in a watch glass factory with a salary of 1 USD/day.

Those were the days when Chu Quan Phi worked hard and studied. During the day she went to work in the factory, and in the evening she turned on the lights next to the supplementary classes or the library. She tries to learn everything she can, from trucking to accounting, to computers... For her, learning a skill means more than one way to earn a living.

After 3 months, she decided to write a resignation letter because she wanted to learn more things elsewhere, but was suddenly kept by her superiors with an offer to be a manager for a small group. This is one of the most important milestones in her life.

To this day, she still cannot explain why the leader suddenly entrusted her with such an important task.

"Maybe it's because my handwriting isn't bad, or maybe it's because my resignation letter was too touching? I'm grateful to the leaders for accepting me, giving me more opportunities. self-training session", Chu Quan Phi once shared.

Starting from a worker in a watch glass factory, Chu Quan Phi understands the process of making glass as well as the difficulties in the profession. So when in the management position of an entire company, she always has a sympathetic look at the staff.

At the present time, although she has a skilled workforce of up to 60,000 to 80,000 people, she always keeps the habit of going directly to the factory to check the quality of products, in order to ensure the standards of each branch. details before shipment.

A factory manager shared, sometimes this CEO even personally participates in the production line to make sure there are no mistakes in the manufacturing process. Therefore, products of Lens Technology always gain a foothold in the market.

Ever wanted to end my life

After many years of working together as well as dedicating certain achievements to the company, Chu Quan Phi decided to leave to find a new horizon. In 1993, Ms. Chu saved HK$20,000 (about US$2,500) and started her first company with family members.

Ms. Chu and 7 cousins worked and lived in a 3-bedroom house for 4 years. The house is also the company's printing and packaging factory.

At first, Chu Quan Phi struggled to find customers. However, many times, she received coldness and rejections, and there were even places where she had not yet presented and was kicked out by security.

She once shared, perhaps because she has been rejected too much, so far Quan Phi does not know how to refuse others. She always listens to others and then carefully makes her own decisions.

However, the work gradually improved, she had to hire more workers when the customers came one after another. That was also the time when this female billionaire had to sell her house twice to pay workers.

A decade later, Ms. Chu built a phone screen manufacturing company with 1,000 employees.

2003 was the darkest moment in Zhou Qunfei's career, after she defeated a rival company and won a contract with Motorola Company.

"A competitor was jealous. They linked up with the raw material supplier to try to get me out of the game. The material supplier set very high demands and forced Lens Technology to pay in full. costs before delivering the materials," recalled Zhou Qunfei. She had to sell her house and many other valuable properties but still could not meet the requirements of her partner.

"I almost despaired. Standing on the steps of Hung Hom station, Hong Kong, I was about to commit suicide thinking all my troubles would go away when I died, but a phone call from my daughter kept me awake. province. For my family and for my staff, I was not allowed to give up," Chu Quan Phi recalled the difficult days.

After the help of Motorola, she overcame this financial difficulty and turned Lens Technology into a company specializing in providing touch screen phones for major electronics manufacturers in the world such as HTC, Nokia and later. It's Samsung...

In 2007, Apple selected Lens Technology as a supplier of touch screens. Lens Technology has made a miracle with more than 74,000 workers and 32 factories in 7 different regions of China. In 2018, according to Forbes statistics, Lens Technology's value reached 11.4 billion USD with 82,000 employees across China. The number of assets continued to be consolidated to $ 15.1 billion, according to Forbes statistics as of October 1, 2020.

She is always proud to say that the difficult time of her childhood was the source of her motivation to achieve success.

Always praised for her "attractive and humble" personality as she usually keeps quiet in most meetings, however, when she begins to speak, the "aura" emanating from this woman is indeed not ordinary. .

"I wasn't really well known to people, but that turned out to be a good thing. Because in my opinion, it's important to know how to hold yourself when you've achieved success and to motivate yourself when the situation turns sour. disadvantage," she shared.

Zhou Qunfei's story is proof that poverty cannot be a barrier to dreams. For many, Chu Quan Phi is a symbol of a ray of hope for many startups that are still struggling to find their place in major markets. Thereby, she is constantly building and making efforts in the next steps to support and help domestic businesses to progress together.

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