--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43980922.md" description: "The book "Qiao Family Business Wisdom" is worth a read.They say wealth brings desires, but the Qiao family managed this exceptionally well—they truly had their system down:1. Rules come first: The Qiao family didn't rely on descendants' self-discipline but on strict institutional rules. Violations resulted in immediate loss of inheritance rights or expulsion from the home.2. Leaders lead by example: Qiao Zhiyong, a key figure in the family, strictly adhered to family rules even at the peak of his wealth—taking no concubines and avoiding extravagance, setting a high moral benchmark for future generations.3. A family culture of "cultivating virtue through business": The Qiao family viewed wealth as a "social responsibility" rather than a tool for pleasure. During famines, they opened granaries to distribute grain, channeling excess resources into altruistic charity." datetime: "2026-09-20T04:41:39.000Z" locales: - [en](https://longbridge.com/en/topics/43980922.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43980922.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43980922.md) author: "[ValueNvest](https://longbridge.com/en/profiles/3090.md)" generator: "portal-rs" --- # The book "Qiao Family Business Wisdom" is … --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**