ledging yourself and the philosophy of virtue in business
Shark Binh - businessman Nguyen Hoa Binh, Chairman of NextTech Group - once attracted attention with a series of frank statements, bearing a strong personal mark on entrepreneurship, leadership and enrichment philosophy. Before being prosecuted and temporarily detained, he often had livestreams, sharing about leadership thinking, business and life values.
On October 6, just a few days before being arrested, Shark Binh still appeared in a livestream lasting about 90 minutes with the theme "Leadership thinking in times of change". At the beginning of the conversation, he asked: "What is leadership, and does leadership role need to be played?", then answered himself that everyone is a leader - first of all, a leader of oneself.
According to Shark Binh, "the biggest enemy in human life is yourself". This businessman believes that a successful person is someone who controls himself and is capable of leading himself before leading others. "When we grow up, we lead families and children; when we are in society, we lead groups and businesses. The two words leadership are important to everyone, including those working for hire, he said.
In the sharing, Shark Binh also admitted that it has been on the brink of bankruptcy 5 times" for more than 20 years of starting a business. He saw those failures as a lesson to train his will and resilience. Study from failure helps us avoid failure. When in despair, the most important qualities are composure - rest and calmness to look back at whether your business is still suitable for the times or not, Shark Binh said.
Another part of the content that attracted public attention was the view of "gathering good deeds". According to him, virtue is an invisible energy passed down from generation to generation, and "for virtue to be good, it must be lived well, not harm others". This businessman affirmed: "I have no heart to harm others, and I do not eat anything from anyone. It all depends on your intelligence, talent, sweat, and effort.
Only rat bites are afraid of being pulled into the light
In addition to the philosophy of life, Shark Binh is also famous for its "charm-like" sayings about business and startups. During the Shark Tank Vietnam seasons, he often surprised startups with straightforward comments such as: "Please don't raise prices", "I just bought a company, I didn't buy ideas", or "In short, do you make money?".
Shark Binh has repeatedly emphasized the principle of "must- earned money, get paid for it", considering this a core standard for evaluating a project. According to him, technology is just a tool - the ultimate goal is still real profit and efficiency. "Every time you rush into technology but can't make money, you throw it away," he once said.
With a straightforward, unconventional style, Shark Binh believes that businessmen should not be vague about product or market value. Startup, dont sell your dreams, the Sharks just buy plans and the ability to do them, he said on a TV show.
Many of his statements have since become a "trend" on social networks such as: "Site is a battlefield, no place for the weak and weak!" or the satirical saying: "No girl likes a six-pack boy more than a guy with six cars. Stop going to the gym and roll out to make money.
Shark Binh also often shows his personality through statements about courage and honesty in business. He once said: "The rat flood is always afraid of being dragged out into the light, and the military personnel are never afraid of the darkness." Or: "If you are silent about today's bad things, tomorrow don't complain when the bad things come to your bed".
However, along with his popularity, in recent years, Mr. Nguyen Hoa Binh's name has also been associated with many scandals.
On the afternoon of October 14, the Investigation Police Agency of Hanoi City Police announced that it had prosecuted and temporarily detained Mr. Nguyen Hoa Binh for the crimes of "Fraudulent appropriation of property" and "Violating accounting regulations causing serious consequences".
