America: My Time

Chapter 737 Make a fortune

Chapter 727 Making a Big Profit

As Old Bu Shi had predicted, Morgan was forced to react. They had thought everything was fine, but the San Francisco earthquake gave John this opportunity, allowing him to make such arrangements immediately. With this press conference, 7-Eleven's market value would naturally increase, and if they didn't make adjustments, they might never have another chance to cooperate.

"Jimmy, what do those guys have to say about increasing 7-Eleven's market value? Are they willing to accept our demands? This is no small matter; we can't afford to be careless. This isn't just about 7-Eleven!"

"They can only accept a 10% increase, no more than that. Those guys don't agree with our claims, nor do they think 7-Eleven's market value will increase significantly, nor do they think 7-Eleven's revenue will increase substantially, so they rejected our offer!"

Upon hearing this, Morgan sighed, shook his head, and said, "It seems these guys have ulterior motives. Having lost the previous confrontation, they're trying to target John with the 7-Eleven IPO. These guys are too short-sighted, thinking that if they don't accept it, others will too. How ignorant! Since these guys disagree, let's just ignore them and stop trying to communicate with them. These guys have lost their minds! I believe John, that little fox, has already spoken to them about when we can get detailed sales figures for 7-Eleven!"

"They can hand over their cash flow to us whenever we need it. In just one day, the brand value of 7-Eleven has increased rapidly. Not only 7-Eleven, but also Costco and Pan Am have seen their brand value increase. We have to admit that John played this move brilliantly. He truly turned the disaster brought by the San Francisco earthquake into his own publicity tool. This alone is enough to prove how sharp his vision is."

"Not only 7-Eleven and Costco, but also Pan Am and Sikorsky. Don't forget, John obtained authorization from a Middle Eastern tycoon to use helicopters that are about to be delivered. And this will be broadcast live on television. Do you think this won't have any effect? ​​This is practically a showcase for Sikorsky's helicopters. This isn't just Sikorsky's own performance; it's directly using products ready for delivery to customers. Haven't you thought about how powerful the advertising effect will be? As long as there are no problems during the rescue, Sikorsky's market value will increase significantly, and many more orders will come in. I have to say, John's methods are too clever. He not only won over the Middle Eastern tycoon but also gave his own products a very powerful advertisement. No amount of publicity is as effective as actual use. This is indeed another win-win cooperation!"

"That's really how it is. John really made a killing this time. This kind of operation could be written into a Harvard business case study. He was able to turn disaster relief into advertising for his own products and significantly boost the brand value of 7-Eleven and Costco. That's amazing! But this time, he's also made those oily capitalists hate him even more. The situation that had just eased up might change again!"

"Do you really think John cares about this, or do you really think those oil tycoons will reconcile with him? It's impossible. They're fundamentally different. As long as John doesn't give up his cooperation with the Middle Eastern tycoons, the conflict between him and the oil tycoons will continue, and no amount of negotiation will help. You know how amazing John's deals with the Middle Eastern tycoons are, how much profit they bring. How could he possibly give up that profit? If John did, it would be incredibly foolish, and I'm afraid someone else would quickly rush to cooperate with the Middle Eastern tycoons. Speaking of which, these oil tycoons are too arrogant. They really think they're so great. This time they made the biggest mistake they shouldn't have made. You can report less, but you can't not report at all. So their newspapers will lose credibility!"

"No way! They control most of the media in the US!" Jimmy was instantly shocked by his boss's words and couldn't believe it, since these guys now controlled most of the media in the US.

"There's nothing they can't do. Legendary Entertainment and Phoenix Media aren't under their control. And do you think the White House will have no reaction at all? The Middle Eastern tycoons have made such a gesture of goodwill, so the White House naturally has to do something in return, even if it's just a superficial gesture. The White House has to do it, otherwise they won't be able to give the public an explanation. That's John's cunning, and that's what's truly brilliant. He doesn't even need to ask the White House to step in; they'll be forced to do it under pressure, otherwise their credibility will be affected! Nobody wants to accept an ungrateful president, so this is a statement the White House is bound to make, and no one can stop them!"

"Boss, with such a big incident, will those guys still continue negotiating with Chengxin Bank?" At this moment, Jimmy couldn't help but think of the San Francisco Federal Reserve Bank incident, which was still unresolved.

"I don't know. It depends on those guys' own decision. Now that John is back in the US, I'm afraid they'll change their strategy and talk to John directly. I don't know if they'll succeed. But we absolutely mustn't get involved in this. If John asks, we'll tell him everything. If he doesn't ask, we'll pretend nothing happened!" Morgan didn't want to get involved in this matter, lest he end up pleasing neither side. Although he looked down on those guys' foolish actions, he didn't want to make enemies with them, and he certainly didn't want this to damage his relationship with John! In Morgan's view, these guys had lost their minds, only considering their own interests and not even thinking about whether John would accept it. If these guys were even a little more rational, they wouldn't have let things drag on for so long.

Even outsiders can see John's intentions now. He doesn't want to do much business with these guys, and the longer this drags on, the worse it will be for them. If it drags on any longer, it will be too late, because their plan against Japan is about to begin. Even if John agrees and gives them funds, these guys will not be able to enter the market.

Many people have already seen through John's thoughts, but no one has told those greedy guys. Perhaps some have tried to persuade them, but to no avail. After all, those guys are too arrogant and self-righteous, thinking that the shares they hold are so important. For other banks, such temptations might be irresistible, but for John and Chengxin Bank, the temptation is not as great as imagined.

“Jimmy, after the San Francisco earthquake is over, go to California and see John. Talk to him about other companies going public, and also talk to him about Global Online. Let him prepare in advance. Some people are already eyeing it, and they are pushing it from the shadows. Make sure John is ready!”

“Boss, John should know all this, right? And no matter how much those guys jump around, it's useless. Global Online is a private company, not something they can mess with. Besides, if anyone dares to make a move, John, who controls the media, will make them pay a heavy price. Personal property is sacred and inviolable, and that's a bottom line they can't challenge. If these guys do that, they themselves will also be suppressed!”

“Those guys don’t actually want anything done; they just want to put pressure on John. You should know that Hughes’ global satellite communications system is almost complete. How can you expect them not to be anxious? Otherwise, do you think these kinds of things would keep happening? Although no one knows exactly how powerful Hughes Aerospace’s satellite system is, it has made many people uneasy. At least those guys are terrified and worried; they’re afraid that everything about them will be exposed to the enemy! To be honest, I didn’t expect all this to happen so quickly. Now we need to have a serious talk with John!”

Is it really as simple as Morgan Stanley says? No, it's not that simple. Many people have seen how powerful Global Online is on the internet, how much potential it has, and how much impact it has on economic development. So, the fact that such power is in the hands of an individual makes many people uneasy because the potential profits are too great.

John had been hiding on Lanai Island, and even if Morgan wanted to talk to him, it wouldn't be possible to do so over the phone, and going to Lanai would be impolite. Although they knew John's vacation was fake, they couldn't disturb him, as exposing him would benefit no one and only complicate matters. Now, John had returned to the United States, and this was their opportunity.

When John appeared in California, many people had ideas and were eyeing him, including Morgan. However, Morgan was different from those guys; he had more advantages than them.

Everyone is now waiting for the San Francisco earthquake to end, and many people aren't even paying attention to it. They don't care about the impact of the earthquake; all they care about is profit. They all want to get what they want from John, and everything else is insignificant to them. The San Francisco earthquake is no exception.

(End of this chapter)