Future Stamps and Coins Diary

Chapter 45: Invest in You, Not the Company
Lv Feng waited until Wang Deliang finished introducing himself, glanced at everyone, and introduced himself with a smile: "My name is Lv Feng, Lv means mountain. From now on, if you are used to it, you can call me Afeng. If you are not used to it, you can call me Mr. Lv."

"When Mr. Wang introduced me just now, I saw surprise on the faces of my colleagues. You must all be wondering why I am so young. I assure you that I am an adult and there is no need to worry about the company employing child labor."

As soon as the voice fell, the atmosphere in the group relaxed a lot. Those who are good at sales are more or less like social bulls, and several female colleagues are eager to try and flirt with the new boss.

Lu Feng looked at them and continued with a smile: "Here, let me tell you something. I am not some second-generation rich kid. I am just a kid from an ordinary rural family. I am still living in a rented house in Yuangang Village for 350 yuan a month. Naturally, I am not qualified to talk big about how I can lead you all."

"Perhaps many of you have followed Jiuzang step by step to where you are today, and have deep feelings for it. You may have some reservations about a newcomer like me, but I still sincerely hope that from today on, we can get along happily."

"I won't say any more high-sounding words. I called you all here today not only to make you familiar with me so that you won't kick me out when I go to the store in the future, but also to make a few announcements."

Lu Feng looked around and saw that no one was talking, so he continued: "From now on, the responsibility system of each store will be implemented on the shoulders of each store manager. On the basis of striving to create higher sales performance, the net profit of the store every month will be given to you at a dividend ratio of 10%."

This was like a bomb, and the conference room suddenly became chaotic.

Even the three people who had been listening silently nearby couldn't help but turn their heads to look at Lu Feng.

10% profit?
"Mr. Lu, are you sure it's 10% every month?" someone asked.

There is a huge gap between monthly dividends and annual dividends, especially in this industry, where the difference between peak and off-peak seasons is very obvious.

During the peak season, a store can sometimes generate hundreds of thousands of profits, but during the off-season months, it often suffers losses.

In summary, if the dividends are distributed according to the profits every year, it is not much. But if the dividends are distributed every month, the meaning is different.

This means that they can receive dividends based on their performance in every profitable month, and as for those loss-making months, the boss is responsible for the losses.

"You heard it right, it's every month. On the first of every month, based on the verified report, it will be paid out together with the salary on the tenth. If the store makes a loss that month, there will be no dividends." Lu Feng replied.

"Does it count for each store separately, or for the whole store?" another colleague asked.

The stores she manages have always had relatively high profits, and what she is worried about is that the profits will be averaged out.

“It’s calculated separately. It’s not averaged with other stores.”

As soon as Lu Feng answered, she said happily: "This is good! No one will suffer any loss."

Some stores whose performance is not very good are more or less disappointed.

"Store managers whose performance is not so good at the moment, please rest assured that the company's business strategy will change in the future. As long as you are willing to work hard, you can still achieve good results."

There was a lot of discussion below, but Lu Feng watched quietly without interrupting them.

After a while, someone asked, "Boss Lu, the company has been badly hurt this time, and many customers have lost trust in us. Do you have any way to change this situation?"

"I have some ideas, but I'm not sure if it will work. I'll give you an answer after I try it myself in the next two days. But please believe me, this situation is temporary. There is still a month and a half before the Spring Festival, and our actual business hours will not exceed 40 days. The performance during this time will determine the bonuses you can get before the festival, and also determine whether we can have a smooth start next year."

"For the company, this is a life-or-death moment. I hope you can sincerely do your best, instead of just waiting until the Spring Festival and looking for a job next year. If you have this idea, I hope you will raise it now."

"I've inquired about it, and your basic monthly salary is only 5,000 yuan. If you're here for this 5,000 yuan, I can give it to you in advance and wish you a happy new year instead of staying and delaying the company's business."

"Now, I'll give you a chance. If you have any ideas, just speak up now. Don't worry, I've already made mental preparations."

After a while, no one took any action.

Lu Feng knew that his move of turning the tables had some effect, and he concluded: "Next, the company will have some new initiatives. If you encounter something you don't understand, please implement it first. If you have any ideas, please discuss them with me privately, or discuss them together at an occasion like this." "Now, everyone go back and use your abilities to save your respective stores from the chaos. The new exhibits and main products will be delivered to each store in time tomorrow morning."

Lu Feng did not waste too much of their time. After explaining the main issues clearly, he adjourned the meeting directly.

After everyone had left, Wang Deliang looked at Lu Feng and said, "Boss Lu, there's something I don't know if I should say."

"Please speak, Mr. Wang."

"I know you just took over, and I understand that you are eager to stabilize people's hearts, but the promise of separate settlement every month is too risky. Once the off-season comes, there may be problems, especially financial problems."

"Thank you for your reminder, Mr. Wang. I know what's going on now."

"That's because I was too talkative!" Wang Deliang smiled and said nothing more, but he no longer had any hope for this young man.

Another entrepreneur who takes things for granted. Such people often die the fastest.

But what does this have to do with us? Wang Deliang thought self-deprecatingly.

The office lease expires in less than a month on February 2. Lu Feng used 1 yuan to secure this time and is not in a rush to rent another office because the Chinese New Year is coming soon and the office will be vacant for a while.

In this industry, the Spring Festival holiday is relatively long. Generally, the holiday starts about five days in advance and people return to work on the eighth day of the first lunar month.

Nearly half a month.

Lu Feng left the office, locked the door, and just as he got off the elevator, he suddenly saw Xu Huiying at the door.

He couldn't help but walk over: "Sister Xu, why are you here?"

Lu Feng had made an appointment with her, told her about today's meeting, and asked her to come and participate when she was free. When he saw Xu Huiying didn't show up just now, he thought she wouldn't show up, but she was unexpectedly downstairs.

"After all, this is your first day as the official boss, so I won't go up to disturb you. First of all, congratulations to Mr. Lu on taking over smoothly." Xu Huiying took off her sunglasses and stretched out her hand.

Lu Feng smiled and shook her hand, saying, "I was a little uncomfortable at first."

"By the way, Mr. Lu. I have something to discuss with you."

"Sister Xu, please tell me."

"Give me some share of these 16 stores." Xu Huiying looked at him mischievously.

Lu Feng was stunned for a moment, then quickly responded, "How much does Sister Xu want?"

"I don't have a big appetite, 10% is enough." Xu Huiying smiled and explained: "I have thought about it for a long time, but I still can't figure out how you can revitalize these stores, but I think you are worth my investment. I will give you the last 500,000 yuan, and you can give me 10% of the shares, how about it?"

"Well...will Sister Xu be at a disadvantage in this way?" Lu Feng asked deliberately.

Xu Huiying laughed and said, "It's just 500,000 yuan anyway. If you lose all of it, don't ask me for more. Just find a way yourself."

"Okay. It's a deal then." Lu Feng said readily.

Today Chapter 2
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(End of this chapter)