Cao Ngoc Can: Billionaire picked up junk, started a business with a three-wheeled vehicle, and spectacularly joined the rich world

Cao Ngoc Can is known as a billionaire who used to pick up trash and scrap metal. But with determination and seizing opportunities, after only 8 years, the boy who was once short of food and poverty was able to build a career and step into the rich world.

Cao Yucan was born in 1972 in a poor, remote village in Anhui (China). His parents made a living by farming. When he was young, in addition to going to school, he had to help his family make ends meet. Ngoc Can works hard and diligently, but life is still not much better.

After graduating from university, Cao Ngoc Can returned to his hometown and found a job in sales. A few years later, with the support of his parents, Cao Ngoc Can got married. After getting married, especially after giving birth to his first child, Cao Ngoc Can realized that he needed to earn more money to be able to give his small family a better life. So, in 2004, he decided to leave his hometown and go to Shenzhen to develop.

Arriving in Shenzhen, Cao Ngoc Can discovered that finding a job to make a living in such a big city is not easy. What's worse is that because he didn't bring much money, he quickly spent all the money he took away, gradually even eating became a problem.

After a year of confusion, he only had 1,000 yuan left. In a moment of desperation, Cao Ngoc Can made a bold decision and this was a major turning point in his career. Ngoc Can spent 300 yuan to buy a three-wheeled bicycle and started picking up trash and scrap.

At first he felt very embarrassed because he had to do this job. Collecting waste is inherently a tiring job, every day you have to get up early to bask in the sun and wind, but there is no other way, he is forced to do this.

At 5 a.m. every day, Cao Ngoc Can rides his tricycle out to collect trash. Due to his busy work schedule, his eating habits are very irregular. For Cao Ngoc Can, instant noodles are a luxury food, he only eats white rice with a little salt to survive difficult days.

During the process of collecting trash, he came into contact with all kinds of people. This helps him expand his relationships and improve his communication skills, while also gaining a deeper understanding of society and the market.

In addition, to make a good impression on everyone, Cao Ngoc Can always tries to keep himself clean and neat. Furthermore, after collecting trash, he always cleans up for customers.

With such professionalism and service attitude, Cao Ngoc Can gradually built a foothold in the waste collection industry. The bonus he received was very significant, in a month he could earn more than 3,000 VND. yuan (about 10 million VND), nearly 3 times higher than his income in his home country.

After staying in Shenzhen for a long time, he happened to meet a friend in Anhui. That friend accidentally mentioned a new electronic product, similar to an electronic camera. This aroused Ngoc Can's curiosity and creativity.

After returning home, according to your description, Ngoc Can researched and drew his own sketches and then found a factory. However, he quickly realized that he had no money and no orders, with only a drawing and a mouth, no manufacturer was willing to cooperate.

Not surrendering to fate, Cao Ngoc Can went to almost every factory in Shenzhen. Finally, a small factory agreed to help him make samples first.

A week later, he received the sample. They far exceeded expectations and he confidently traveled around Shenzhen to sell his products. Reality has proven that Cao Ngoc Can's vision is unique. His products are well received and loved by everyone.

With this hot camera sale, many small manufacturers came to Cao Ngoc Can one after another to increase their revenue to more than 600,000 yuan. After earning the first pot of gold in his life, Ngoc Can established two electronics factories and began self-production. It only took 4 years for Cao Ngoc Can to go from collecting scrap to becoming the owner of a factory with more than 100 employees.

In 2008, the economic crisis swept across the world. Cao Ngoc Can's company was also seriously affected due to no orders from abroad. Two years later, the company had to declare bankruptcy, Cao Ngoc Can had a debt of more than 2 million yuan (about 6 billion VND).

After closing the factory, Cao Yugen, who was in a state of depression at the time, decided to return to his hometown of Anhui. Firstly, he wanted to reunite with his family, and secondly, he wanted to relax.

In his hometown, Cao Ngoc Can's second brother founded the delivery company YTO Express Bac Chau, but due to not knowing how to manage it, it fell into a state of loss. After knowing this, Cao Ngoc Can decided to take over for his brother.

Having never been in contact with the express delivery industry before, after taking over, in order to understand the entire express delivery operating process, during the day, Cao Ngoc Can personally did the work of the staff, packaging and delivery. quickly, loading goods onto trucks, working as a courier. In the evening, he focuses on researching YTO Express's system and learning management policies.

In this way, he found the problem that caused the company to decline and began to carry out strong reforms. To mobilize employee enthusiasm, Ngoc Can changed the original fixed salary system to basic salary plus commission. At the same time, encourage people to do more.

Finally, YTO Express gradually achieved customer recognition, turning from loss to profit in the second year.

Over the past few years, YTO Express's staff has grown from a few dozen to nearly 200 people. The land area has expanded from more than 100m2 to more than 5,000m2. In 2013, YTO Express installed an automated assembly line with more than 2,000 dock tickets per day, a 66-fold increase.

With boldness in business and personal talent and experience, Cao Ngoc Can achieved a giant leap in life and became an enviable billionaire.

Whether collecting trash, opening an electronics factory or doing express delivery in the future, Cao Ngoc Can never looks ahead but always sets a goal and starts implementing it immediately. He is very sensitive to "opportunities" and has high execution ability.