Luo Yonghao, the founder of Hammer Technology, was finally exposed to owe 600 million yuan in debt due to poor management of the company. At that time, it is estimated that many people will also doubt whether Luo Yonghao will make a rash move like Jia Yueting's to evade debts, after all. For a poorly managed company, this debt is astronomical. However, Luo Yonghao didn't. Instead, choose to face it bravely and actively pay off debts. Until this year, Luo Yonghao claimed that his debt had been repaid by 400 million yuan. How did he repay them?

0 1. Entering the live broadcast industry If Luo Yonghao can pay back the money so quickly, the biggest source of funds may come from his live broadcast business, which has now become his main business. In order to pay back the money, Luo Yonghao really took a keen eye on the live broadcast industry, because this industry is the hottest at the moment and he also has a certain popularity, so he started the live broadcast.

Moreover, because of his special status, he doesn't need much publicity when doing live broadcast. At the time of 1 live broadcast, the turnover reached 1. 1 billion yuan, and his own profit should be at least above 10%. The three-and-a-half-hour live broadcast was so fruitful that you can imagine how much money the live broadcast earned.

02. Being in the talk show industry, Luo Yonghao said that the debt of 600 million has been paid off by 400 million, which was said on the stage of the talk show conference. Anyone who has watched this program knows that Luo Yonghao has lived in the city for almost a whole season. How can a big boss like this be on the variety stage? It's just different this time. In order to pay off his debts, Luo Yonghao had to personally break his previous statement that he would never talk about talk shows, because Luo Yonghao admitted that the industry was quite profitable.

03. Making game endorsements, in addition to the live broadcast industry and talk show industry, Luo Yonghao also made game endorsements. Can you imagine? ! In the face of money, Luo Yonghao has completely broken his bottom line, because after all, he is facing such a big funding gap, and he will go wherever he wants and devote himself wholeheartedly.