1994: From a young man from a small town to a second-generation resident of Shanghai
Chapter 47 Meeting the Founder of Xiaolingtong
The first entrepreneur training course had a total of 20 participants.
Twelve of them had previously registered with Chen Yong's "China Private Enterprise Development Promotion Center" and then came here directly to take classes.
The fee is the same for each student, 80,000 yuan per person.
One course consists of 16 class hours, divided into 8 sessions.
The first class was scheduled for the day after the National Day holiday, and subsequent classes will be held every Sunday afternoon.
It took about a month.
Just before class started, a lot of Santanas and even Mercedes-Benzes suddenly appeared outside the teaching building.
Many bosses drive Santanas, after all, a Santana costs 200,000 yuan, which is not cheap at all, but it still makes them look good.
A Mercedes-Benz is only available as an import, and it's very expensive. Unless you're extremely wealthy, you really can't afford to buy one.
Guided by Xiao Hong, these business owners found the classroom and, seeing a young man waiting inside, assumed he was a student from Fudan University.
"Excuse me, class is about to start. Could you please find another classroom?"
"Me?" Chen Yong was quite puzzled; this student didn't recognize him.
"I am the teacher who will be teaching a class in a little while."
"What? You're going to be our teacher? You're too young! Do you have any experience? Have you ever started a business?"
"You don't need to worry about that."
After all the trainees arrived, Chen Yong gave a brief self-introduction.
This time, he can blur his previous persona and plans to switch it up, especially regarding his education, which needs to be gradually shifted.
Fortunately, none of the people who came this time were acquaintances, which reduced the risk.
"Hello everyone, I am Chen Yong, the trainer for this training course. How many of you came here specifically because of me? Please raise your hands."
The other eight students were somewhat surprised to see twelve others raising their hands. There were so many! It seemed that this young-looking teacher was quite capable.
"How did you all learn about me?"
"Mr. Chen, I was recommended by Factory Director Guo. Although Factory Director Guo and I are not in the same industry, we are friends. He said that you are not only knowledgeable but also understand practical business management." A boss surnamed Bai stood up and said, looking at Chen Yong with an inexplicable sense of faith.
"I was introduced by Factory Director Xu."
"You've come all this way to attend this class, that's quite an achievement. This course will last for four weeks. From now on, we'll have class every Sunday."
"It's okay. I can take this opportunity to get to know more bosses here and have more opportunities."
An MBA program is indeed a great place to expand your network.
Especially for MBA programs at prestigious universities, a single course can cost tens of thousands, or even hundreds of thousands or millions.
This threshold alone has deterred many people.
Early MBA programs were indeed attended by high-net-worth individuals, but later some people started to exploit loopholes, and some beautiful female students appeared.
It suddenly changed its flavor.
Before the formal classes began, Chen Yong first learned about the industries these people worked in.
It can be said that they come from all walks of life.
The apparel industry, the food industry, the machinery industry, and the electronics industry.
One of the students caught Chen Yong's attention.
This person's name is Liu Bo, and he majored in radio engineering.
During the exchange, a surprising viewpoint was raised: in the future, mobile phones will definitely become smaller and will no longer be called "big brother phones," but rather small and medium-sized ones that can be held in one hand and carried around, unlike the inconvenient and short-lasting "big brother phones."
The business owners present all had rather large mobile phones, costing only a little over ten thousand yuan. They exchanged phone numbers with each other; that's what connections are all about.
Liu Bo wanted to resign from his previous position as general manager of the state-owned factory, but he knew that the state-owned factory system was rigid, unsuitable for the market economy, and destined to be at a disadvantage in market competition.
He might as well go out on his own. Today, he's here to acquire some management and business knowledge, build up his network, and exchange entrepreneurial experiences with these business owners.
He was well aware of the significant difference between working for someone else and starting his own business.
In his first lesson, Chen Yong taught how to set up a company structure, which is an advanced management system.
Previously, when selling to other business owners, each unit was sold for 100,000, but this time it was explained directly in class.
Although the earnings per student are less, the increased number of students means that the earnings can still be substantial.
Moreover, Chen Yong had a backup plan.
After the lesson is finished, it's impossible to remember everything. There's so much information, so you can sell a copy of the study materials after class.
Management systems are easier to operate with a guide.
One serving sells for 50,000 yuan.
Chen Yong will split the profits with the college's 64th branch after selling the products.
The college can keep the revenue from selling materials for itself and doesn't need to share it with the university.
The college was very supportive of him selling materials.
Chen Yong can now sell materials legally and legitimately through a formal organization, which is much safer and more efficient than doing it alone before.
After the class, the other bosses were all in a hurry to leave.
Many men still keep mistresses; after class, all they want to do is quickly go find their mistresses to relax.
Only Liu Bo remained, and he took the initiative to talk to Chen Yong about his optimism about the future mobile phone market.
"Mr. Chen, I heard that you've previously discussed specific business models and marketing strategies with your students, which proves you understand the market. What are your thoughts on the future of the electronics industry?"
"My view on the future of the electronics industry is similar to yours: the big mobile phones will likely be replaced by smaller devices. Moreover, battery life and communication capabilities will be greatly enhanced."
Liu Bo was very excited; Chen Yong's taste was absolutely brilliant.
"In fact, Motorola is already developing a miniature communication device that will be about half the size of an adult's palm and will be able to send text messages. The price will also drop to half the price of the current mobile phones, and you can own one for only six or seven thousand. Lower prices mean that more people can afford it."
In this era where information dissemination is inconvenient, the information provided by Liu Bo is invaluable.
With this inside information, we can lay in wait in advance and make a fortune in the future.
Liu Bo's willingness to share with him means that he trusts Chen Yong.
"I'm going to do this, get wireless communication technology and PCB technology from abroad, and develop it myself."
As they were talking, Liu Bo suddenly revealed his business plan. Chen Yong immediately became wary; Liu Bo's motives didn't seem so innocent.
That's true; it's never easy to become a manager.
They probably want to leverage Chen Yong's connections to attract investment.
Or perhaps you could persuade Chen Yong to invest in him.
"Your project has great potential. With so many people in our country, everyone will need to use mobile phones to send text messages and make calls in the future. What a huge market that is."
Seeing that Chen Yong had given his approval, Liu Bo was very pleased and stopped talking in time, not saying anything further.
He had already completed the first step, successfully piquing Chen Yong's interest.
That's enough.
You should eat food one bite at a time and drink milk one sip at a time, otherwise you may choke on the milk.
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