Daming talker

Chapter 765 Too Few Brothers

After distributing the fief to Huang Xiaodi, Lin Tailai asked again: "Also, don't forget to encourage more merchants to participate in maritime trade."

No matter how huge the Lin Group is, its strength has a limit and it cannot go it alone.

Only by encouraging deep participation from the whole society can a new interest group facing the ocean be formed.

The Lin Group can act as a guide, protector, arbitrator, and even a cornerstone group of the interest group, but it cannot become the interest group itself.

Lin Tailai may not care about earning an extra 100,000 or 200,000 silver taels from maritime trade every year, but he cares about how many people are involved.

Huang Xiaodi obviously didn't understand why the chairman wanted to encourage more Jiangnan merchants to participate in maritime trade? Isn't it good for the Lin Group to have a monopoly?
But Huang Xiaodi still followed the instructions conscientiously and replied: "The main difficulty is that the businessmen in Jiangnan are very concerned about the risks of maritime shipping, and they are not as brave as those in Fujian."

The reason is very simple. Fujian is known for its eight mountains, one river and one piece of land. There is not much arable land and there is no other way out except studying. Naturally, poor people have the motivation to go out to work to make a living.

But Suzhou and even the south of the Yangtze River are first-class fertile lands in the world, with many opportunities and ways to make a living. Naturally, there is no need for ordinary people to take risks at sea.

Lin Tailai asked: "Don't they covet the profits from sea trade? For example, the same silk can be exchanged for ten times the silver as long as it is shipped to Japan!
Moreover, not far to the south is Luzon and other places. The Portuguese who occupy Luzon have a lot of silver!"

Huang replied: "Of course, we are very greedy for profits, but the costs and risks are indeed high. If the ship goes there and never returns, we may lose everything."

Lin Tailai sighed: "It seems that it is time to introduce an insurance system!

If you are worried about the ship getting in trouble, you can pay some insurance money to Xinwu Bank before setting sail.

If an accident really happens to the ship and the cargo, Xinwu Bank will compensate according to the original price.”

I couldn't help but admire the boss again. He always has new ideas and can easily open up a new track.

If maritime trade flourishes, insurance will definitely become a huge new business.

Moreover, this will probably be a business operated exclusively by the Lin Group and it will be difficult for others to get involved, at least in the short term.

Because only the Lin Group has enough credit and strength, no one else can compare.

Any maritime merchant who wants to "buy insurance" would definitely prefer to find the Lin Group rather than another company whose compensation payment ability is questionable.

The credit of the Lin Group is not only based on Lin Tailai's personal reputation, but also on its direct control of Suzhou Jinong Warehouse and one-tenth of Yangzhou Salt Industry, which are businesses that are essential to people's livelihood.

Huang Xiaodi even had the urge to ask if he could be in charge of the insurance industry, but he forced himself to suppress this greed.

Lin Tailai certainly had no intention of adding more burden to Huang Xiaodi, so he waved his hand and asked Huang Xiaodi to leave.

Even Lin Tailai, after a little thought, did not want to let Xinwu Bank take charge. Otherwise, financial power would be too concentrated, which would be bad.

It would be better to let Yangzhou Lin’s Salt Industry and Suzhou Jinong Warehouse invest their shares and then set up a new insurance company.

So who should this new business be allocated to? Lin Tailai thought about it and found that his close friends already had a lot of business.

The eldest brother is in charge of earthwork projects and is responsible for the maintenance of waterways within Suzhou and Songjiang. He is also preparing to build a seawall in Songjiang Prefecture.

The second brother is based in Yangzhou as the legal representative of Lin’s Salt Industry, and the third brother is in charge of the increasingly large industrial park.

The legal wife, Wang Shiwu, is in charge of Jinong Warehouse and Xinwu Bank; Fan is in charge of the traditional debt collection business of the various halls of Xinwu Lian and the service industries of various ports and docks, and is promoting the integration of Suzhou, Songjiang and Changzhou; Huang is in charge of water transportation, smuggling, Taihu Lake, and future maritime trade business.

Secretary Bai is not that ambitious and does not want to be in the spotlight. His current job is mainly to assist Wang Shiwu in managing household chores and handling confidential letters.

It was already noon, and Lin Junhou went to serve his parents dinner. During the meal, Lin Tailai suddenly complained to his parents: "Why didn't you have more brothers?"

Mr. Lin: “?”

What? I gave birth to four of you brothers and raised them all. Isn't that enough?

Lin Tailai said that there were not enough people and they couldn't even send someone to Japan to marry a "princess".

If it really doesn't work, just let Lin Yi, the eldest grandson of the Lin family who has just reached adulthood, go to Japan for marriage.

Grandpa Lin, who doted on his eldest grandson, was angry and told Lin Sixi to get out immediately.

A careful study of the Lin Group's senior management configuration reveals that the core economic lifeline businesses are all staffed by relatives.

Although auxiliary businesses such as armed forces, education, and culture are also very important, most of them employ non-relatives and old friends.

So Lin Tailai went to persuade Secretary Bai, who was not in charge of any business, hoping that the well-educated Secretary Bai would come out and take charge of the future insurance business.

But after Secretary Bai declined several times, he just said he would consider it.

An hour later, another concubine, Sun Lianlian, came rushing over from the school office, clamoring for more burden.

It was obvious that Secretary Bai deliberately tipped off Sun Lianlian.

In the Lin family's harem system, Secretary Bai and Sun Lianlian are a small faction because of their similar backgrounds.

As the only concubine who has not given birth, Sun Lianlian has an extreme lack of security. Since she has no children, she wants to focus more on business.

Although Sun Lianlian had a higher level of education than the average person, Lin Tailai was still a little worried because she had no experience in business.

In the afternoon, Lin Tailai continued to meet with various leaders. Now the one reporting on his work was Lin Fulai, the third brother of the Lin family.

"The industrial park on the south bank of the Xujiang River has achieved snowball-like development in the past two years, and finally reached the goal of 10,000 looms last month.

Currently, there are 40,000 to 50,000 weavers in the industrial park. Together with their families, and employees in upstream and downstream industries and the service industry, the population in the industrial park has reached 100,000.

A new town is rising on the south bank of Xujiang River, gradually replacing Suzhou East City as the silk weaving center of Jiangnan."

Brother Lin San’s work report was very exciting and passionate, and he used a lot of sentences that Lin Tailai loved.

But Lin Tailai's attention was not on Lin Sange. He was looking at Song Quan and Ma Yingming who were accompanying Lin Sange to the audience.

Uncle Song Quan is an old elder from the same village. He originally worked as the accountant in Anletang. Ma Yingming was originally the manager of the Shen family and was also the first economic talent recruited by the Lin family society.

Later, both of them worked at the Mudu Customs, one as the chief clerk and the other as the chief accountant, and then they worked together to help Brother Lin San in the industrial park nearby.

Otherwise, relying solely on Third Brother Lin’s ability, it is not certain that the industrial park can be expanded.

Lin Tailai suddenly pushed Lin Sange aside and said to Song Quan: "The group is going to set up a new insurance company, and you will be the executive vice president."

Then he said to Ma Yingming: "From today on, you will officially serve as the executive deputy general manager of the industrial park."

This round of enfeoffment... oh no, the personnel adjustment is completed!
(End of this chapter)