New Hope's Liu on Family Succession

The transcript discusses the dynamics of a family business, focusing on the roles of a father and daughter. The father steps back from daily operations, allowing his daughter to lead innovation in agriculture. Their management styles differ, with the father valuing efficiency and the daughter focusing on market prospects and employee innovation. The transcript also compares their partnership to that of Donald Trump and Ivanka, highlighting similarities and differences. The father reflects on starting from scratch and aims for sustainable development of their company, New Hope.

What role does the speaker's daughter play in their family business?

• She is not involved in the family business.

• She manages the traditional agricultural business.

• She leads the transformation and innovation of the agricultural sector.

• She focuses on Internet banking and medical insurance.

How does the speaker's management style differ from their daughter's?

• Both have the same management style.

• The speaker focuses on market prospects, while the daughter values rules.

• The speaker values scale and efficiency, while the daughter focuses on market prospects and innovation.

• The speaker emphasizes employee innovation, while the daughter focuses on efficiency.

What is a key similarity between the speaker's business relationship with their daughter and that of Donald Trump and Ivanka?

• Both started from a family fortune.

• Both are father-daughter partners in business.

• Both focus on the fashion industry.

• Both have political ambitions.

What is the speaker's ultimate goal for their company?

• To make it a 100-year-old brand.

• To become a political leader.

• To focus solely on Internet banking.

• To expand into the fashion industry.

How does the speaker view their own business journey compared to Donald Trump's?

• Both had similar political aspirations.

• Both inherited a family fortune.

• The speaker had a separate business in the fashion industry.

• The speaker started from scratch as a poor farmer.