My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.
Chapter 102 The Entrepreneurial Journey of the Richest Man's Son
Half an hour later.
The three arrived at an underground recording studio near the south gate of the school.
The boss was a long-haired, artsy young man who initially scoffed at this kind of pop music, but because of the large sums of money Chen Xiaotian was throwing around, he immediately became extremely professional.
Although neither Chu Yuan nor Su Jin are professional singers and their pitches are occasionally off, the sound quality is surprisingly good thanks to the recording engineer's repeated corrections and the powerful post-production audio editing technology.
Especially when Chu Yuan sang "The Pig Song," her playful manner was simply a natural fit.
Working until 6 p.m., the four songs were finally recorded and burned into a master disc.
As I stepped out of the recording studio, the setting sun had already painted half the sky red.
"Auntie, Sister Su, you've worked hard today."
Chen Xiaotian stretched and said, "I'll leave the rest to you. Company registration and website development, the sooner the better."
"I'll organize the specific functional requirements and UI style for the website tonight. You can come to my house tomorrow to pick them up and pass them on to Sister Su."
"As for the start-up capital, I'll go to the bank tomorrow and transfer one million to your account, Auntie. Same as always, spend it as you need to, don't try to save money for me."
"Rent an office near the school, renovate it nicely, don't make yourself miserable."
Hearing this grown-up-like instruction, Chu Yuan helplessly pinched his cheek: "I know, Boss Chen. Hurry home, don't make your cousin worry."
"Alright. Let's go!"
Chen Xiaotian waved his hand, flagged down a red Santana taxi, and sped away.
Watching the taxi drive away, Su Jin felt a pang of emotion.
"Yuanyuan, are you really so comfortable letting him go alone? He's only twelve years old, and he's carrying a huge sum of money."
Don't worry.
Chu Yuan linked arms with Su Jin and walked back. "That kid is cunning and never suffers a loss. Besides, my cousin is always so busy that he's practically left to his own devices."
"Sometimes I wonder if my cousin is a bit too carefree."
Su Jin nodded thoughtfully: "That's true... But speaking of which, your cousin is such a good catch—the richest man in the country, young and promising, and handsome too—how come he hasn't remarried even after being divorced for several years?"
"Even for the sake of taking care of the children, it's inconvenient to have a woman in the house, isn't it?"
When this topic came up, Chu Yuan pursed her lips, her tone tinged with a hint of wistfulness.
"That's a long story. Teacher Su, don't be fooled by my cousin's current success; he was in dire straits a few years ago."
"Back in 98, when state-owned enterprises were being restructured, my cousin was among the first to be laid off. At that time, my family was dirt poor. My ex-sister-in-law was a snob who looked down on the poor and loved the rich. As soon as she saw that my cousin had lost his secure job, she made a scene at home every day and eventually insisted on getting a divorce."
"Who would have thought that after the divorce, my cousin would become like a god of wealth, succeeding in every business he did, and turning from a laid-off worker into the richest man in just a few years."
"As for my ex-sister-in-law... I heard she's kicking herself now and has tried to come back and remarry me several times, but my cousin has stopped her each time."
"I guess he was heartbroken."
Chu Yuan sighed, "My cousin is completely focused on his career these days, and he doesn't care about relationships at all. Besides, with his current status, it's too difficult for him to find someone simple to settle down with. Who knows if the women who come to him are after him or his billions?"
"If we find someone with bad intentions who might harm Xiaotian, that would be even more troublesome."
After hearing this secret of the wealthy family, Su Jin couldn't help but be moved.
"So there's this story behind it."
She sighed, "I can only say that the ex-wife was unlucky and short-sighted. 'Never underestimate a young man's potential'—that saying is absolutely true."
"you do not say."
The two chatted about gossip as they walked toward Jiaotong University.
......
Over the next few days, Chu Yuan took advantage of his free time during the week to find a professional business registration agency and expedited the registration of two companies.
Chen Xiaotian had already decided on the company name.
The company behind the novel website is called "Zhongshen Network Technology," and its website is called "Zhongshen Chinese Website," which sounds like an aura of dominance over the online literature industry.
As for that entertainment company, it was named "Gods Entertainment".
Besides getting the license sorted out, Chen Xiaotian also spent an entire night drawing up the website's architecture diagram and functional requirements table in his notebook.
Chu Yuan handed these "sketches" to Su Jin.
Su Jin was very efficient. Through her connections in the computer science department, she found several technically skilled third-year students to take on freelance work.
In an era before "outsourcing companies" monopolized part-time development for college students, a few thousand yuan was enough to get these future IT elites working through the night.
......
Early August.
Fengtian Technology, Mobile Phone Business Unit.
"Mr. Chen, this is the result of our team's six-month intensive training."
R&D Director Xu Kai carefully presented two prototypes to Chen Feng, saying, "After three rounds of prototyping and stress testing, this is the final mass-production version."
Two mobile phones, one black and one silver, were placed on the table.
The black one has a straight design with sharp lines.
The silver one has a sliding design, which is exquisite and stylish.
Chen Feng picked up the candybar phone; it felt light in his hand, and the buttons provided clear feedback.
"How are the parameters?"
Xu Kai skillfully reported: "This candybar phone focuses on cost-effectiveness. The screen uses an STN pseudo-color screen, which, although not as colorful as TFT, saves power. It has a built-in 10-pixel camera, an 800 mAh lithium battery, and the whole phone weighs only 148 grams."
"What about hardware costs?"
"Currently, the BOM cost is just over 1,000 yuan. If mass production is carried out, the supply chain can reduce it by another 10% to 15%."
"Hmm, nothing special."
Chen Feng put down the candybar phone and turned his gaze to the silver slider phone.
Slider phones were a rarity in 2003, and Samsung was just beginning to experiment with this design.
Chen Feng gave it a gentle push, and the sliding cover popped up smoothly with a crisp mechanical sound.
"What about this slider phone?"
When this was mentioned, a hint of pride flashed in Xu Kai's eyes: "This is our flagship product. The screen uses a top-of-the-line TFT true-color screen with a resolution of 640*480, and the display effect is very delicate."
"The configuration is also luxurious: it has a built-in MP3 decoding chip, supporting high-quality music playback. The camera has been upgraded to 30 pixels, with interpolation up to 50 pixels. The memory is a full 32MB, which can store a lot of songs."
"The battery capacity has also been increased to 900 mAh to ensure long battery life."
Chen Feng fiddled with the slider phone in his hand and nodded in satisfaction.
"Good. The candybar phone is classified as the 'G series,' model G1; the slider phone is classified as the 'E series,' model E1."
"As for pricing, you should discuss it with Lin Wan and Zhao Ya. Take a look at Motorola and Samsung in the market; we need to be competitive, but we can't lower the brand's profile."
"After the price is agreed upon, have Lin Wan report back to me."
"Yes, Mr. Chen!" Xu Kai accepted the order and left.
......
After Xu Kai left, he immediately convened a meeting with Lin Wan and Zhao Ya.
The three spent a long time analyzing the BOM cost sheet and competitor prices, and finally finalized a plan that would both generate profit and allow them to enter the market.
Afterwards, Lin Wan went to the chairman's office on the top floor.
"Mr. Chen, the price has been set."
Lin Wan reported, "The G1 is positioned as a national mobile phone, focusing on practicality, with a suggested retail price of 1888 yuan."
"The E1 is positioned for high-end business and fashion-conscious consumers, targeting Samsung's slider series, with a suggested retail price of 3688 yuan."
Chen Feng nodded slightly.
At the time, 1888 yuan was considered a mid-range price, something that ordinary wage earners could afford if they gritted their teeth.
While 3688 yuan may sound expensive, considering the TFT screen, MP3 function, and slider design, it still offers excellent value for money compared to flagship models from international brands that often cost five or six thousand yuan.
"Okay, that price will do."
Chen Feng gave the final approval, "However, the market is constantly changing, so we need to closely monitor sales data after the listing. If it doesn't perform well, we should be prepared with promotional plans."
"What about the initial stock?" Lin Wan asked.
Chen Feng hesitated for a moment, then said, "I'll place an order for 20 units of each model."
"We have more than 80 directly operated stores and hundreds of cooperative outlets across the country. With the addition of JD.com as our online channel, it shouldn't be a problem to sell off 400,000 units of inventory."
"Understood, I'll contact the manufacturer to schedule it right away."
......
Shortly after Lin Wan left, Chen Feng's personal cell phone on his desk vibrated.
The caller ID showed it was my cousin, Chu Yuan.
Chen Feng was somewhat surprised.
My cousin is usually very well-behaved at school and rarely bothers him during work hours.
"Hey, Yuanyuan? Why are you calling at this hour? What happened?"
Chu Yuan's slightly hesitant voice came from the other end of the phone: "Cousin, nothing's wrong. It's just... I have something important I want to discuss with you. It's hard to explain over the phone. Can I come over for dinner tonight?"
"A free meal?"
Chen Feng laughed, "Sure, Xiao Tian is home too. I get off work around five, you can just go there yourself."
"Okay! Thanks, cousin!"
After hanging up the phone, Chen Feng looked at his phone, lost in thought.
This girl usually doesn't come to our house unless she has something important to say, so her sudden visit today to discuss "serious business" probably means she's encountered some trouble she can't handle.
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