Financial Freedom: My Golden Finger Has a Billion Points

Chapter 190 Creating an Electrical Appliance Company
It's 2014 now.

Smartphones have just become popular this year, and all walks of life are developing rapidly.

I watched an air conditioner video today, and I didn’t expect that the golden finger that hadn’t appeared for a long time appeared again.

This time we are offering the latest technology in air conditioners and refrigerators.

This automobile manufacturing company has not been established yet, so is it going to open an electrical appliance manufacturing factory?

Now he still has tens of billions of funds. It is really a waste to have so much money idle.

Of course, putting tens of billions in the bank can generate a lot of interest every day.

But does he want money? What he wants is fame.

But if he founded an electrical appliance factory, Greehemidi would go bankrupt. After all, his air-conditioning technology was 50 years ahead.

No matter what, for the sake of national creation and fame, shopping malls are like battlefields. Either he dies or I die. After some consideration, he decided to do it.

This air conditioner is a fully DC inverter air conditioner because its compressor and indoor and outdoor fan motors all use DC motors. With the inherent advantages of DC motors, the energy-saving performance of the product is greatly improved, and it can achieve a minimum operating power of as low as 30W, saving electricity. The effect reaches up to 60%, and the sound is also powerful.

This is the most advanced air conditioner in the world.

The refrigerator has a double door, the compressor has high power and good cooling effect, and it also has an amazing silent effect.

Another advantage of these two appliances is that their circuit protection is cleverly designed, so even if there is a short circuit in the home, these two appliances will not be damaged.

According to the evaluation in the data, the service life of these two electrical appliances is more than ten years.

Now, there is an argument that if the product is of good quality, it will lead to the collapse of the company.

The reason is that if a product is of good quality and can be used for more than ten years, consumers will not buy new ones; manufacturers have a backlog of products and cannot sell them.

Some manufacturers are affected by this and do everything possible to reduce the quality and shorten the service life of their products; they think that in this way, consumers will buy the products more often.

This is a fallacy. You only see the surface, not the inside; you only think about the present, not the long term.A certain product is not produced by one manufacturer, but many manufacturers compete.

For example, when it comes to TVs, there are more than a dozen TV manufacturers in China alone; if the TV set you produce can last for 50 years, if the TV set produced by others can only last for 5 years.

May I ask, whose TV set will consumers buy?In the long run, your company will grow stronger and occupy the largest share of the market, while other companies will go bankrupt and go bankrupt. In the end, it will be the high-quality company that makes a lot of money.

This absurd point of view is somewhat tenable if there is only one manufacturer of a product.

However, there are often hundreds or thousands of manufacturers of a product.

Such as mobile phones, cars, electrical appliances, daily necessities, etc. When consumers buy goods, of course they first choose high-quality products with a long service life.

Some unscrupulous manufacturers think so themselves, or are influenced by this view, cut corners and materials, thinking that they can make more money.

However, it is ordinary people who suffer the direct losses. They spend money to buy a product, but it breaks down after a short time and they have to buy a new one.

Of course, they will not buy products of that brand because they already know that the quality of products of that brand is not good; they will buy products of another company.

In this case, if the goods produced by a certain company are durable, consumers will of course choose this company's products;
The sales volume of this enterprise will increase, firmly occupy the market, and finally make money, and may even become a leading enterprise in the industry.

Some manufacturers are keen on producing products with a short service life in the hope that consumers will keep buying them.

Then, let's just produce "disposable" products, such as disposable mobile phones and disposable cars. Then we will buy new ones frequently and see who will buy them.

After reading some financial books during this period, Lu Xiaobu had some insights.

He doesn't like to be sloppy when doing things.

The next day, I went to the city government to ask for land.When the city bureau found out about his big move, they took out the map and let him choose from several plots of land.

"Mr. Lu, you have spent a lot of money investing in car manufacturing now. If you start an electrical appliance company, can your funds keep up? Blind expansion is very dangerous."

"Mayor Liu, thank you for your concern. Regarding my funds, I made more than 80 billion by trading soybean futures. Adding my original funds, my current funds are about 130 billion, so my funds are completely fine. .”

"This makes me feel relieved. Now the whole country is engaged in economic development. Our city's economic development is slow. It is difficult to have a big company like yours. If there is any problem with the company, it will be our city's loss."

"Mayor Liu, rest assured that every step of our development is carefully considered."

"That's good. If you have any needs, as long as they are within the scope of the policy, we will try our best to meet them."

"Thank you City Bureau for your concern."

Lu Xiaobu once again obtained a large piece of land at a very low price.

Then came the recruitment of troops.

Lu Xiaobu is headhunting to hire talents with high salaries, and he also wants to apply for patents on air-conditioning and refrigerator technology.

It can be said that there are many things.

Unexpectedly, the headhunting company was so efficient this time and quickly found several talents for him. He wanted to interview them in person.

There were five people in total. He didn't look at academic qualifications first, but looked at work resumes first.

Then comes the test of character and responsibility.

He set up some questions and an event, and only one person was successfully shortlisted.

There was only one woman among the five, and this woman was shortlisted.

This woman's name is Dai Anlan, she is 34 years old, has fair skin, is beautiful, has long legs, and looks like a strong woman.

I once worked for three companies, but I resigned because of a conflict between my business philosophy and the senior management.

Graduated from Harvard Business School.

It can be said that the ability is beyond doubt, and now the character and responsibility have also been tested.

She is arguably the best candidate.

Such beautiful women are rare, and such beautiful and capable women are even rarer.

"Do you know why I applied for your company?"

"Appreciate further details."

"I have investigated you, and your fortune history is legendary. You made your first pot of gold from the stock market, and then started a milk tea brand, invested in film and television dramas, sporting goods companies and automobile manufacturing companies, and now you want to invest in an electrical appliance company. , your experience makes me very curious, and you have never failed in investing in stocks and futures. The financial industry calls you the Chinese Stock God."

"You have done your homework. Now that you have investigated me, you should know that I usually use people without suspicion and don't trust people with suspicion. I also like to be a hands-off shopkeeper. Now I only have air conditioner and refrigerator technology patents and sufficient funds. Everything else is It's zero, it's time to show your ability, you have to create a company for me..."

"Chairman, don't worry. I will do my best for your absolute trust in me."

"In order to encourage your enthusiasm, I will give you 100% of the company's equity incentives. Your annual salary is [-] million. Do you have any questions?"

"No."

She looked excited, she was looking at the 100% equity, not the dead salary of [-] million.

(End of this chapter)