Back to eighteen, if I don't stand up, I'll be wasted

Chapter 149: Drawing Pieces for Each Other
How to make someone not feel that you are promising him something?
Then draw a bigger pie.

Yu Mancang didn't rush to eat it. Instead, he asked, "Do you know how difficult it is to run a business? Do you know how much global capital is eyeing this piece of meat? Of course, your pre-prepared meal business is indeed very good at the moment, but that's because it hasn't grown in scale yet and hasn't attracted the attention of big capital. Once big capital pays attention, it will bring down Ri Ri Xiang overnight."

He admired Li Yi's courage and knew that this guy Li Yi must have some brilliant ideas.

But he is still young after all and has no idea of the absolute capital pressure.

The Internet track can be seized by so much capital, and the industrial track is still profitable and is fat meat in the eyes of capital.

If it really reaches a certain level, Ririxiang will either be acquired or die. How can Ririxiang be allowed to develop steadily to a scale with revenue of 10 billion?

Even Yu Mancang himself is just a small shrimp under such circumstances.

In his opinion, there are only three industries in the world, and finance ranks first.

The competition in the financial industry is fierce, and all parties are scrambling for food in the frying pan. Ordinary people will die miserably if they go in.

The second is industry. Industry has a huge advantage, which is that it handles a lot of money.

The third one is the Internet.

Although the profit margin of the Internet is very high, a medium-sized industrial group can have a turnover of tens of billions every year, but a medium-sized Internet company cannot reach this figure.

When it comes to invisible power, the Internet industry is even inferior to the real economy.

Of course, there is also a most awesome industry called Internet finance.

But this thing is not something that ordinary people can play with. Without some background, you can’t even get a license.

"Let me put it this way: as soon as RiRiXiang's revenue breaks 1 billion, investors will come in and ask for a stake... The price of not investing is facing competition."

Yu Mancang is also very clear about the current situation of Ririxiang. Even if the annual revenue reaches 10 billion, the net profit will not be too high because the operating costs of the industry are very high.

With an annual revenue of 30 million, it will lose money.

A revenue of 50 million is required to break even.

Then there is a monotonically increasing curve, but the curve is not particularly exaggerated, because as the scale of revenue expands, cost expenditure will also rise simultaneously.

With an annual revenue of 5 million yuan, the net profit is at most 10%. With an annual revenue of billion yuan, the net profit is only about %.

The annual revenue is 20 billion yuan, which is basically the highest net profit margin, at around %, and will gradually decline later.

If you do well, the total profit will continue to increase. If you do not do well, it will be the limit of a company.

He has seen the operating data of too many companies and knows very well what kind of things will happen at different points.

Li Yi smiled slightly after hearing what Yu Mancang said and said, "Mr. Yu, in this era full of challenges and opportunities, everyone is the helmsman of their own destiny. I have never chased trends, but have always been committed to creating my own waves. On the road to my dreams, there has never been a lack of doubts and ridicule. Mr. Yu only saw my past, but not my present. This world has its own rules, and what I have always done is to transcend them. From 7186 to Wuyou Media, the road I have taken has always been full of thorns. These thorns have never caused me any difficulties, but only honed my tenacious character.

In this world, I don't need to copy others. My life only speaks for myself!"

Yu Mancang: “…”

In his mind, Li Yi has always been a young man with many ideas and is relatively pragmatic.

But suddenly, he said something like chicken soup. But if you think about it carefully, is it really chicken soup?
If someone else said this, it would seem very pretentious and would not stand up at all.

But when it comes to Li Yi, it seems like he is talking about his own life.

He was telling Yu Mancang that he was different from others, that traditional thinking was useless to him, and that he would never follow others' path.

If it was the first time he met Li Yi and heard these words, Yu Mancang would not have too many thoughts.

But I knew Li Yi too well, and when I heard these words, I was shocked.

Whether he succeeds or fails in the future, Li Yi's attitude towards life will make him different from others.

Suddenly, Li Yi's image became three-dimensional in his mind.

Originally, in his mind, Li Yi was a young man with many ideas, but now he has become a young man who is both smart and idealistic.

For the poor, ideals may be worthless, and even if they exist, there is no soil for their realization.

But for a young person who has strong execution ability, intelligence and a solid foundation, having a clear goal and a principle to stick to can create miracles.

He would hesitate before eating other pancakes, but he couldn't refuse this ideal pancake.

Li Yi is qualified to make him pay for this matter.

"Speak for yourself. That's a really good saying. I'll be more patient then."

Li Yi thought for a moment and asked, "Mr. Yu should have other children, right?"

"Huh? How do you say this?"

"If Mr. Yu had passed on such a large asset to Yu Jing, there might be some explanation. But I think Mr. Yu is determined to get Zheng Manyue back. Zheng Manyue is obviously not suitable to be the successor. Isn't Mr. Yu afraid that the assets he has worked so hard to accumulate over the years will disappear bit by bit?"

After saying this, Yu Mancang burst into laughter.

"Yes, many people in China value inheritance. Even the world's wealthy are trying to find ways to pass on their legacy. But in my opinion, inheritance is the most useless thing. I'm already dead, so why should I care about the flood? If my descendants are stronger than me, with a little foundation, they will definitely be stronger than me and won't need much of my inheritance. If they are weaker than me, within a few years, what they leave behind will be swallowed up bit by bit by others, and there will be no chance of passing it on to future generations. Aside from those top-tier capital consortiums who need inheritance, don't you think it's ridiculous for ordinary small-capital companies to talk about inheritance? It's also a sign of their cowardice..."

"How to say?"

"Because they themselves are unable to become stronger, they place their hopes on the next generation. Anyone who starts to think about passing on their legacy has already lost their ambition. I don't even bother to look at people like that."

"Oh, so it seems that Yueyue and I can't have children yet."

"Cough cough..."

Yu Mancang almost choked to death.

"Let's wait until you succeed. If you can, I will give you the veteran's investment as a dowry!"

Li Yi asked, "Are you really willing to do this?"

"Why would I be reluctant to give it up? You can paint a rosy picture for me, but I can't paint a rosy picture for you too? Let's have a meal together later. By the way, do you know someone named He Yonghua? Invite him along too."

(End of this chapter)