How did I become a god

Chapter 1697 Non-Core Business

Seeing Jing Gao fall into deep thought, Zhong Wu, Wei Hong, Fang Yi, Pei Qian and the other eleven people's eyes lit up slightly.

Everyone gathered here to "flatter" Boss Jing, hoping to get opportunities to develop on a larger platform.

The family business platform is just so-so, and many operations can be handled by professional managers. It's really not easy for these non-heir apparent eldest sons to get a career in the family business.

Zhong Wu leaned forward slightly, his posture extremely humble, his tone incredibly sincere, his voice clearly reaching everyone's ears:

Mr. Jing, your strategic vision, courage, and methods in business can no longer be summarized by the word "luck".

Although we were carefully nurtured at home, compared to your experience in the martial arts world, it's like seeing only a part of the whole picture.

If I could receive even a few words of guidance from you, it would be like finding a lamp in a dark room, benefiting me for a lifetime. I hope Mr. Jing will not hesitate to offer his advice!

Inoue chuckled, then gestured towards Chung-wu, saying, "You guys..."

He was being flattered more and more often, but this was the first time he'd ever heard such refined praise. No wonder he's an elite member of the wealthy Qian family in Shanghai! His compliments were spot-on, sincere, and displayed extreme humility.

"Alright. Let's not waste time with pleasantries." Jing Gao hesitated for a moment, then finally stopped refusing. His gaze deepened, and he slowly began to speak:

I recently acquired Mingyuan Group, and I've already dealt with most of its core businesses, but there are still many non-core businesses.

I do need a lot of talent.

As for the logic behind developing Mingyuan Group's non-core businesses, let me explain it to you.

In my view, businesses in this world can be roughly divided into two types: one is businesses that make money from the government and clients by relying on connections and resources;

The other type is the business that actually takes money from users' pockets. This tests the company team's understanding of human nature, grasp of needs, and efficiency improvement.

Judging from the current economic situation, I think we can refer to the economic situation of Benzi. There is a high probability that a number of companies will stand out in the era of 'consumption downgrade'.

Back then, during Benzoic Acid's lost decade, it spurred the emergence of consumer companies like Uniqlo and Muji.

In fact, his decision to retain and develop Mingyuan Group's non-core businesses was also to accommodate and absorb the remaining employees of Mingyuan Group.

After all, he had promised the city that there would be no layoffs within a year. This was a hard and fast rule. In his mind, he had given this task a two-year deadline!

He had the support of those above him, and he couldn't let people lose face.

To absorb excess personnel, more "redundant" positions can be created, which requires more profits and more new business opportunities.

Instead of rashly entering a new industry, it would be better to explore and invest in expanding Mingyuan Group's non-core businesses.

"Consumption downgrade?" A glint flashed in the eyes of Zhong Wu, Wei Hong, Fang Yi, Pei Qian, and the others, as if they had caught something.

This is indeed a viewpoint they haven't noticed recently.

Jing Gao spoke without interruption. He took a leisurely sip of tea and continued, "Therefore, the market may not need Moutai priced at over 3,000 yuan. As long as strong-aroma baijiu is made with sincerity, 300 to 500 yuan, or 800 to 1,000 yuan, can meet market demand just as well. In addition, I have several businesses that I need to expand and strengthen, including drinking water, healthcare, cultural tourism, industrial wastewater treatment, and cross-border live-streaming e-commerce."

Wei Hong sighed, "Mr. Jing, your words were concise yet insightful, like the sun breaking through the clouds. You combined a macro trend with micro strategies, pointing out a direction for capital."

This makes us even more convinced that your success is by no means accidental; your vision and strategic thinking truly surpass those of your peers. At this moment, we sincerely admire you.

Wow, that's some serious flattery!
It was a little awkward. Of course, the attitude was expressed very clearly.

Jing Gao smiled and waved his hand, without criticizing Wei Hong, the fund manager wearing gold-rimmed glasses, and said, "Let me briefly explain the situation of these businesses."

I plan to have the original team from Mingyuan Group operate the liquor and bottled water businesses. The remaining businesses will be separate business lines, with strategic investment and excellent management teams brought in to operate them.

In the healthcare sector, this business primarily involves the research and development and procurement of chain pharmacies and domestically produced medical devices.

The current business model of pharmacies in major cities is too traditional; the future will inevitably involve a combination of online and offline channels.

JD.com and Meituan are already focusing on providing 24-hour online consultations with professional pharmacists and delivering medicine to your door within half an hour.

Our orange delivery service is also involved in this health and medical business. However, brick-and-mortar pharmacies also have potential. The key to breaking through lies in integrating this business with community-based elderly care and health services. Furthermore, obtaining medical insurance designation is crucial.

In the healthcare sector, the biggest client is the health insurance company. It's very difficult for internet companies to obtain this qualification, but brick-and-mortar pharmacies can.

He certainly doesn't have that kind of influence in first-tier cities. But in other second-tier cities and lower-tier markets, he does have the capability to qualify as a designated pharmacy for medical insurance.

For example, in Nanjing, and in his hometown of Haizhou, there should be no major problem.

"The boutique cultural tourism business is booming in China right now, but there are few good tourism products and many scams. This requires changes from travel companies and the tour guide industry."

Xiamen Tourism & Culture, currently the market leader, is thriving. However, tourism is a very personal matter, and no single company can monopolize the market.

Therefore, stop focusing solely on ancient town tourism resources, as they are often too homogenized. Instead, look for unique natural landscapes (such as the less-visited canyons at the junction of Yunnan, Guizhou, Sichuan, and Tibet) or undeveloped cultural relics (such as the ancient village clusters of Huizhou and Southern Fujian) and develop boutique tourism.

"The industrial wastewater business is currently a hot sector due to environmental policies. However, the technological barriers in this industry are very high, with membrane technology and special microbial strains being the core technologies."

Currently, Mingyuan Group has close ties and cooperation agreements with several key laboratories at Tsinghua University and Harbin Institute of Technology, and has proactively secured patents. Naturally, I intend to continue this relationship. I'm very optimistic about this business. However, scaling it up may truly depend on the progress of the laboratories' technological research and development.

"As for cross-border live-streaming e-commerce, it's not that we want to build an e-commerce platform. TikTok, which is currently very popular overseas, has launched an e-commerce business, and I have a pretty good relationship with Zhang Yimin."

You can participate as a company. Focus on promoting high-quality, affordable domestic cosmetics, small appliances, and clothing overstock, quietly making a fortune.

Furthermore, overseas logistics and localization are currently major challenges for TikTok. Leaving aside other parts of the world, at least in the Southeast Asian region, I have sufficient resources to partner with local Chinese communities to build overseas warehouses and support my e-commerce business.

"So, I'm lacking in everything, especially talent. I wonder if any of you, or the talented young people here, would be interested in joining me and doing something together?"

These words caused a slight commotion in the banquet hall. This was not just an investment opportunity, but a ticket to join Jinggao's emerging business empire!
For these talented young people who are eager to prove themselves but are constrained by the existing family structure, this is nothing short of a golden opportunity.

(End of this chapter)