Elderly Man Opens Sausage Store, Pays Back Over 10 Million RMB in Debt

Elderly Man Opens Sausage Store, Pays Back Over 1 Million RMB in Debt

Fu Guanzheng, a 58-year-old living in Changsha, Hunan, made a fortune from a dog-meat company he started when he was young. Years later, when a flu virus was found in the meat sold by his company, he went broke with over 10 million RMB in debt. A few years ago, Fu found an 8 square meter storefront for rent, and decided to start a business. He knew that Changsha residents enjoy fried snacks, and after racking his brains, he remembered the way his mother used to make sausage. Three years later, his store has become a chain of more than 60 stores, and his debts have all been paid off.

Source: Netease

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  • A Gawd Dang Mongolian

    A rags to riches to rags to riches again story.

  • Vance

    I commend him for never giving up. Opening 60 stores in 36 months is just under 2 a month. That has to be an incredible accomplishment on par with worldwide chains.

  • vincent


  • Amused

    Anybody up for a fried dog sausage?

  • Super Bunny!

    its an ad for his brand.

  • mr.wiener

    Hmm a fellow wiener wrangler…I never started out in hot dog though.

  • redlobster

    Entrepreneur. Winner.

    • Dolph Grunt

      Don’t you mean wiener?

      • redlobster

        He’s a wiener winner.

  • terriblemovie

    58 years old? He looks like one of those wheel chair bounded debilitated 80 year olds.

  • Dolph Grunt

    Goes out of business due to selling contaminated meat, becomes a success years later selling meat.

    Ah, the Chinese dream.

    • David

      I was wondering why nobody else mentioned that. lol How stupid do you have to be to buy his shit.

      • Dolph Grunt

        Agreed, and to be honest with you, it’s pretty surprising. The Chinese have become the great boycotters over the last decade. So you gotta wonder what’s up with this.

        • David

          I am sure the answer is very clear. The first time he did not pay off the right person enough money an was closed down. This time (instead of cleaning up his which would cut into profit) he has learned from his lesson.

  • vonskippy

    In other news, an unexplained drop in the rat population in over 60 cities have the biologists scratching their heads.

  • Hunan people are so bright

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