I went back to 74 and awakened the Godly Rich System

Chapter 264 263. The Development of the Ink Group

Facing Du Chuan's question, White said somewhat embarrassedly: "In the retail industry, apart from Mo Shui convenience stores, large retail malls are developing very slowly."

He also explained, "It's mainly about capital. Large retail stores require a lot of capital."

“We don’t have a lot of money to put into it right now.”

"However, convenience stores have already started to make profits and are expanding rapidly."

"In addition, we have already started to plan suppliers, transportation, warehousing, etc."

Du Chuan nodded. Convenience stores have existed for a long time and this model also has great room for development in the future.

This is a good entry point, and it is also a point that Du Chuan and White emphasized before.

This has several advantages, the first of which is that it avoids investing a large amount of money all at once.

Although the Mo Shui Group has sufficient funds, its business is also large, and the funds required to maintain it are also not a small amount.

As a result, the funds that can be invested in the retail industry will be reduced accordingly.

Secondly, it can avoid conflicts with retail giants such as Walmart and provide more room for development.

Du Chuan could also understand White's difficulties. After all, developing the retail industry is not just talk, there are many related things.

Just like what he said just now, suppliers, transportation, warehousing, etc. are all related industrial chains.

It requires a huge amount of capital investment.

If Du Chuan was just doing some small business, these would naturally not be a problem and there would be no need to worry about them.

But what Du Chuan wants is not one or two stores, but the entire retail industry.

As we were talking, the restaurant came to deliver the food and it was already noon.

Seeing so many foreigners here, Xiao Wu, who was delivering the food, was obviously stunned, but he didn't say anything. He quickly put the food on the table and then took his people away.

Du Chuan invited them to have dinner together and chat while they ate.

"As for large retail malls, they will mainly sell electrical appliances in the future, which will save a lot of trouble."

"It can also prevent groups like Walmart from paying attention to you," said Du Chuan.

Given the size of the Mo Shui Group, its every move is naturally watched by others.

Entering the retail industry will naturally attract the attention of related groups.

There is no need to conflict with them now.

"Okay, after Delico goes public, we will have much more funds," said White.

Now that we have come to this point, Du Chuan asked, "How is the listing plan of Delico going?"

Preparations began last summer, but Du Chuan never asked about the specific details.

White said nothing, but looked at Ethel.

Ethel put down her chopsticks. After returning last year, Ethel made up her mind again and spent tremendous perseverance. Finally, she learned how to use chopsticks. It can't be said that she learned it very well, but at least she learned it quite well.

"Let's talk while eating." Du Chuan said casually.

Ethel nodded, but although she picked up the chopsticks, she didn't actually eat.

"Delico's listing plan is going very smoothly. The planning and evaluation are already proceeding in an orderly manner. If nothing unexpected happens, we will be able to submit the listing application by the end of this year, or at the latest next year."

"In addition, Goldman Sachs, Morgan Stanley and Sequoia Capital are all interested in us and want to become underwriters of our company. The conditions they offer are all good." Going public is not an easy thing and it takes more time than one or two days to complete.

In addition, the choice of underwriters is also very important. However, if large institutions such as Goldman Sachs and Morgan Stanley are willing, it will give them a very good start.

In addition, large institutions like this one can also be of great help to their listing plans.

They have very strong capabilities, and if Delico encounters problems during the listing process, they can help solve many of them.

That was all Ethel said, and by the time she was done, they had almost finished eating.

Although Ethel was not full yet, she also said that she was full, but now was not the time to eat.

Du Chuan then asked him some more detailed questions, and when he felt that there was nothing else for him to say, he said, "You did a great job. I'll leave this to you from now on."

"Okay, I will definitely not let you down, sir." Ethel said seriously.

This was actually his first real opportunity to perform in front of Du Chuan.

Those in the past were just minor things. If they were done well, it was just that. If they were done badly, Du Chuan wouldn’t care too much.

But if we fail this time, our future development prospects will probably be ruined.

There is even a possibility of losing your current position.

Ethel was an ambitious man and he was not willing to give up.

In addition to leading Delico to growth and development, he also wants to go higher.

For example, Ink Group?

Now he is still young and has a bright future, so he will try his best to do this well.

In the afternoon, Du Chuan basically spent his time questioning White and Ethel, and got a general idea of ​​the situation of the Ink Group.

The diversified development of Mok Group is very good. It no longer needs external capital injection and can form a good cycle of development on its own.

The investment was also good, because with Du Chuan's guidance, all kinds of investments were basically profitable.

The retail industry, which Du Chuan attaches the most importance to, is now actually on the right track.

Although it is impossible to grow rapidly all at once, at least with the help of Ink Convenience Store, we can provide limited support for its development and growth.

After Delico goes public, the Mosk Group will be able to recover a large amount of funds for development in all aspects.

Finally, Du Chuan gave new instructions on Microsoft's investment.

"First, whenever there is an opportunity, increase your stake in Microsoft and don't be stingy with your money. Of course, everything still needs to be based on their founders. We invest in people, not companies."

"Of course, the power that should be obtained should not be given up, but it is important to remember that during the company's development stage, everything is based on the founder's development philosophy."

"Don't fight for power at the beginning, remember this."

Du Chuan will definitely not miss such a good opportunity. He only wants shares, not power. He will take everything he deserves.

However, we certainly cannot get caught up in the stage of fighting for power and profit now. We must wait until Microsoft is fully developed, and then we can use these to build our own influence within Microsoft.

In response to Du Chuan's instructions, White nodded to indicate that he had remembered them and would make corresponding arrangements after returning.

"Okay, it's getting late, let's stop here today and continue tomorrow." Du Chuan said.

White and others stood up and said goodbye, leaving their respective report materials, which Du Chuan had to read himself.

(End of this chapter)