People in the Republic of China era began to rise from industry.
Chapter 5: The Money-Making Plan is Confirmed, Women's Bicycle
Lin Yi's question caught Jing Zhizhong off guard.
I didn't know how to answer for a while.
His first thought was that it was impossible.
The Northeast has a strong industrial base, with its arsenals and automobile factories being the most prominent.
Jing Zhizhong, who had worked as a mid-level technician in both factories, was a man of broad experience.
With this technical data on electric motor manufacturing, it's certainly possible to manufacture it in a large factory like this.
However, this was simply not feasible for Ando Company's workshop-like machine factory.
Even if this young master were willing to invest money to expand production, it would still be unrealistic.
This is no different from building a new one.
To reach the level required to produce such a production line would require an astronomical sum of money.
Lin Yi was a shrewd man; seeing Jing Zhizhong's shifty gaze, he roughly guessed what he was thinking.
He smiled and said, "The initial investment will be two million. Subsequent investments will be determined based on the progress. In short, this year's investment will not be less than five million."
When Lin Yi uttered those two astronomical figures, Jing Zhizhong was once again stunned.
After a moment, Jing Zhizhong, regaining his senses, asked cautiously, "Young Master, you're not joking, are you?"
Whether it's five million or two million, it's an astronomical figure that Jing Zhizhong, whose monthly salary is only a little over forty, would never have dared to dream of.
"What do you think?"
"hehe."
Jing Zhizhong chuckled foolishly, unconsciously clenching the technical documents in his hand.
Then he said with certainty, "If that's the case, it can definitely be made!"
Jing Zhizhong was confident about this.
In equipment manufacturing, the most difficult part is product design.
But now, we have this most crucial information.
Even if he found some flaws and omissions, it didn't matter.
Although it is somewhat different from the existing equipment in textile factories, the principle is not much different.
You can figure it out if you think about it a bit.
Furthermore, with Lin Yi investing heavily in production equipment, what can't he manufacture?
"That's fine."
Lin Yi nodded, stood up and said, "Then you have three tasks to complete next."
"First, make a list of the equipment needed. It's best to find out where you can buy it, how much it costs, and how long it will take to arrive."
"Second, we need to hire people."
"Get your connections working. Recruit as many of your old friends and brothers as possible, as long as they're in this line of work, whether they're in Shanghai or not."
"The salary can be increased appropriately; you can decide the specifics."
"Third, study the data again and formulate a production plan."
"Let's see how long it will take to produce the finished product after production starts. The faster the better. We don't mind if the cost is a little higher, but it has to be fast."
After making three requests, Lin Yi smiled and said, "If you encounter any difficulties, report them to me promptly, and I will find a way to solve them."
Lin Yi's decisive actions left Jing Zhizhong somewhat bewildered.
He nodded blankly, but his mind was half-blank.
They've already done it?
Too hasty?
After giving his instructions, Lin Yi left the machine factory directly.
Leave professional matters to professionals.
It's clear that Jing Zhizhong is a professional in this industry.
Having worked in the industry for many years, with experience in large companies.
They have some personal connections and are highly proactive.
It's definitely more efficient than Lin Yi doing it himself.
What he, as the boss, needs to do now is prepare funds and then comprehensively consider future development plans.
To put it simply, it boils down to two words: making money...
With the same drive he had when he started his business from scratch in his dorm room, Lin Yi became incredibly efficient.
On my way home, I started thinking about ways to make money.
With a solid financial foundation and a good idea, making money is a piece of cake.
As the bustling street scenes outside the car window flashed by, he quickly formed a few ideas in his mind.
Tell the driver, Ah Sheng, to park on the side of the road.
Several gang members who were acting as bodyguards in the car behind also got out.
I walked with Lin Yi for a while, and then I saw him squatting by the roadside, staring blankly at the passersby...
After observing the market from the roadside, it was already evening when I got home.
Uncle Nan also happened to be back.
Meals and work can be taken care of at the same time.
While eating, Lin Yi asked Uncle Nan about his family's financial situation.
Uncle Nan is Lin Andao's old friend and also his butler.
They lived in a small room next to the main building of the Lin Mansion.
They naturally know these things inside and out.
He didn't ask Lin Yi what the meaning of these things was.
He revealed his family's wealth directly: "The money in my family, plus the gold bars and savings in the bank, comes to about 800,000 yuan."
This number was somewhat unexpected by Lin Yi.
I never imagined they had such a deep fortune.
The era when salaried workers earned ten yuan a month.
Eight hundred thousand is more than you could earn in eighty lifetimes if you were a wage earner.
With a slight sigh, Lin Yi asked, "How much did you borrow from the bank?"
"...Why take out a loan from a bank?"
Uncle Nan hesitated for a moment before asking with a puzzled look.
The Lin family isn't short of money, so why would they need a loan?
Lin Yi was speechless.
What does it matter whether you have money or not if you take out a loan to start a business?
He silently absorbed the blow from the honest man, and had no interest in explaining to Uncle Nan the benefits of using borrowed resources to generate income, or the joys of being a father to a bank.
They then inquired about the shipping and warehousing situation.
He was planning to take out a loan.
When it comes to starting a business, try to use bank money whenever possible, rather than your own.
Therefore, it is essential to thoroughly understand the assets that can be mortgaged.
Uncle Nan gave a detailed introduction, mentioning that the most valuable items were the eight large warehouses at several docks, as well as more than thirty cargo ships belonging to the shipping company, with a combined displacement of nearly a thousand tons.
These two things combined are more valuable than a textile factory.
Finally, Lin Yi roughly estimated that the Lin family's cash and fixed assets were worth about four million.
He had no experience with banks from that era.
However, even if we calculate based on a 40% discount, the cost would be cash plus a loan.
This is also sufficient to meet the initial investment for the first phase.
The financial situation is much better than he had previously estimated.
But that wasn't enough; he wanted to go all out and accelerate the process.
Invest as much as you can.
So we need to hurry up with the money-making plan...
After dinner, I locked myself in my study again.
Today's work was relatively easy, and I didn't need any system assistance.
Lin Yi held a pen and quickly drew a bicycle crookedly on the paper.
Although it's a bit ugly, upon closer inspection, you can still see that the bicycle design has a certain aesthetic appeal.
This is the product he spent today observing the market from the curb, ultimately deciding on a quick way to make money: women's bicycles.
Shanghai is known as the Paris of the East.
Although Lin Yi felt it still had a strong rural-urban fringe vibe, it was indeed quite developed for this era.
Cars are a common sight on the road.
But there were still more bicycles.
After all, extremely wealthy families like the Lin family, with assets of millions, are still very rare.
A car costs over 20,000 yuan. Even if a salaried worker works for 40 years and doesn't eat, drink, or consume anything else, it would take four lifetimes to afford one.
Therefore, bicycles priced at less than 100 yuan became the best transportation option.
Middle-class individuals like Jing Zhizhong, with a monthly income of around 40 yuan, are the main consumers.
At the current prices of over 60 yuan for domestically produced bicycles and over 80 yuan for imported bicycles, you can own one with less than two months' salary.
Even an average wage earner could afford such a large vehicle by saving every penny for a year.
Therefore, they are extremely common on the streets.
After observing for an afternoon, Lin Yi astutely noticed that there were no bicycles specifically designed for women.
Young and beautiful girls rode past him on bulky, clumsy crossbars, a sight Lin Yi could hardly bear to look at.
This is disrespectful to women and also disrespectful to the market.
So he decided to fill this market gap, create a best-selling women's product, and then take the development plan to the bank to get a loan.
Practicality is important, but aesthetics should be the top priority...
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