Becoming the richest man starts with making complaints
Chapter 65 Deliberate mission failure
The system was still very principled and did not reveal the reward information to Cao Shen in advance.
However, Cao Shen didn't hold out much hope. After all, there was no reward for failure. If he had to, it would probably be the rotten inventory that some corner took out.
The task this time is to make complaints about Maida Technology, the WIFI company that Qian Ming invested in last time, to acquire Yourong Technology, another WIFI company that Qian Ming invested in.
The failure of the mission was to make Qian Ming give up the acquisition through complaints.
Originally, for people with normal thinking, it is easier to get rid of something by complaining, such as Yao Kun.
But it turns out that Qian Ming is an abnormal person, a brain-braining genius who doesn't think according to routines at all.
You didn't know that sentence, but it hit his mark, and his mind wandered for a while.
Therefore, although Cao Shen had sworn to the system before, looking at this fat man in the elevator, he felt unsure.
Qian Ming was very excited when he saw Cao Shen. The nonsense was spread across the sea, but he missed it, and they met after they became successful and famous. I hold my hand and want to burst into tears. Why didn’t I catch it back then?
So, he firmly grasped Cao Shen's hand with his chubby hands and shook it wildly up and down, making his whole body tremble.
"Mr. Qian's business has been booming recently. I saw from the background that you have fired three times in just two months." Cao Shen greeted.
Well, in investment circles, investing in a project is sometimes called a shot. Correspondingly, investing in a good project is called a hit.
"Thanks to Mr. Cao, your Jianshen APP has really greatly improved the efficiency of our project review. I have wanted to have a chat with you for a long time, but I never found the opportunity." Qian Ming's face turned red.
"You're welcome, Mr. Qian heard that your Maida Technology is developing very well, and is interested in merging several WIFI companies on the market to create a big one?" Since he already knew the task, Cao Shen got straight to the point.
Qian Ming was stunned for a moment, then laughed:
"As expected, it's Mr. Cao, he's so well-informed! Speaking of this Maida, it's all thanks to you. If you hadn't woken up the dreamer with your words, I almost would have missed it!
I am considering an acquisition. There are too many Wi-Fi networks now and they are too scattered. When they are gathered together, the scale will become larger. If the market share increases, more money can be made and the development will be faster. "
Cao Shen nodded: "Yes, resources and money will be concentrated on the largest company. It is an investment, so why not invest in the best and largest company. As long as there is a merger, other small companies will basically have no chance."
"Yes, yes, that's what I thought too! I have four WIFI stores under my control now, and I plan to bring them together." Qian Ming looked at Cao Shen, thought for a while and then said: "Mr. Cao happens to be here, you Give me some advice."
"Okay!" Cao Shen agreed happily.
Qian Ming looked around: "Let's go to the conference room to chat."
Oh, by the way, YouRong Technology is in the incubator. It's better to say bad things behind your back to avoid hurting your self-esteem.
Mr. Cao obviously forgot at this time. He complained about "Entrepreneurial Heroes" in person every day.
When he arrived at the conference room, Qian Ming was very cautious and said as quietly as possible:
“One of these four companies is called Yourong Technology, which is also in Beiji, but it was established relatively late.
Most of the business venues such as airports, office buildings, and banks have been occupied by Maida, so they tend to open shops such as restaurants and cafes.
I invested in this company because of their relatively strong execution capabilities.
But the problem now is, as you said at the beginning, the advertisements in these venues cannot be sold at all. The four major advertising investors think that the target users in these places are uncertain and the B-level is not enough, so it cannot be regarded as precision marketing.
As for APP application download advertising, because there are many download channels now, and the number of users covered by WIFI stores has not yet reached a large scale, this kind of advertising cannot be sold.
Moreover, the APP publishers are very sophisticated. They pay not according to the number of exposures, but according to the number of downloads and even registrations.
As a result, the actual money that can be earned is very little, and now I have been burning money and losing money.
I wanted Maida to close it, but Maida was not willing to take over this company. If I did, it would be a money-burning hole.
But if you don’t accept it, you must quickly provide him with financing, otherwise it won’t be able to sustain it for long. "
If Maida is acquired, Qian Ming can cash out and leave. If you don't collect it and it's difficult to raise financing, the company will go bankrupt and Qian Ming's money will be wasted.
Qian Ming poked Cao Shen with his elbow:
"Mr. Cao, we are one of our own. You have quick ideas and you are an investment banker. Help me think of the selling points of this company. I have to think of a way to make a move, whether it is financing or being acquired.
Don’t worry, Qian Ming will definitely remember your kindness if you help me come up with ideas, and we will definitely pay all the investment bank service fees when the time comes!
Otherwise, we can sign an investment banking agreement now! "
Logically speaking, if this project is so miserable, investment banks may not accept it. Therefore, Qian Ming is a man. He is obviously not fat, but it actually makes people feel that he has benefited from it.
And he is very good at being a good person. He will clearly explain the negative aspects of the company to you, making you feel that he is a good person and not a scammer. Although the willing person seems to take the bait, his sincere attitude makes it difficult for you to refuse.
Laojianghu is Laojianghu.
He had to masturbate himself, Cao Shen thought carefully.
Cao Shen really couldn't take this case because he had such a good image in Qian Ming's eyes.
If he had accepted it, Qian Ming might have thought that there was any chance of this project, so he thought about it and forced Maida to accept it, even if he gave in and paid some money.
He tapped the table with his fingers: "The development of Yourongpu's WIFI is not going well, so you haven't thought about transformation or anything?"
"Yes! As expected of Mr. Cao, he asked the key point right away! I was just about to tell you.
Didn’t they build many restaurants, cafes and convenience stores? If WIFI didn’t make money, they started selling cash registers. I just thought, if I can't make money from pigs, I'll just harvest the wool and let the sheep buy my goods.
But it’s not very smooth. Most shops have cash registers, and you can’t charge more if you buy one more. "
Cao Shen deliberately frowned, looking troubled.
Qian Ming looked at him and couldn't help but frown.
It seemed that he had been thinking seriously for a long time, and then Cao Shen said after a while:
“I feel that Yourong and Maida are not on the same path, and there will be no synergy if they are merged reluctantly.
If you think about it, Maida is a team of people when it comes to selling advertising, and it already has a complete set of strategies for targeting the advertising clients held by 4A companies.
But for Yourong’s advertising space, these customers don’t pay. This means that in order for Yourong to have income, you have to set up another team to find different customers and use different routines based on Yourong’s situation.
The original team cannot be reused, which increases staff costs and management costs.
Not only that, it also has a bad impact on employees’ mentality. For those who buy advertising space in airports or banks, it will definitely be easy and the sales will be high, and the promotion will be high.
In comparison, the sales staff who sell advertising for Yourong are very miserable. Obviously I work harder, but because the resources provided by the company are not good, my income is low. After a long time, it becomes difficult to lead the team. "
Qian Ming nodded and said: "That makes sense, but Mr. Cao, don't you think the WIFI scene at Maida Shop and the WIFI scene at Yourong Shop can complement each other very well. As for the conflicts between employees, the two advertisements When the sales team is put together, everyone can sell advertisements for business venues and also take jobs in restaurants and shops, so it’s equal.”
Cao Shen wanted to roll his eyes, look, look!
That’s how good money can be!
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