1994: From a young man from a small town to a second-generation resident of Shanghai
Chapter 58 The 6000 Million Deal
Since he has decided to go abroad, Chen Yong is now quite keen to sell off his unfinished building projects and convert them into cash before leaving the country.
The eldest son of the Li family in Hong Kong came to inquire, and this large family reeked of money.
They'll flock to any opportunity to make big money.
Although Chen Yong didn't have a good impression of the Li family, transactions are always based on interests. He would prioritize whoever offered the highest price and paid readily.
"Mr. Chen, we'll offer 6000 million to buy your unfinished building. Is that a fair price?"
When Chen Yong heard the number, he remained calm. 6000 million sounded like an outrageous sum of money, but for Li Chao's family, it was just a drop in the ocean. At this time, the Li family's assets were already in the tens of billions!
Li Zekai looked at the young man in front of him with a hint of admiration.
They took over the unfinished building from Zheng Chenggong out of the blue, and then sold it at a high price after favorable policies were introduced, making tens of millions of yuan in one go.
"I want half paid in US dollars, please deposit it in Citibank for me."
Chen Yong agreed to the offer. As for Zheng Chenggong, he couldn't afford to pay him, and he didn't have any resources to exchange, so there was no need for him to do so.
Although we know that after the Li family takes over the unfinished building, they will definitely hold onto it for several years, or even more than ten years, until the surrounding land prices have skyrocketed before finding the next buyer.
"Okay," Richard Li agreed.
3000 million is equivalent to 600 million US dollars, and the exchange rate between RMB and USD at that time was around 5.
In the long run, the RMB exchange rate against the US dollar is around 7, which is beneficial to export businesses.
After the meeting, Chen Yong returned to the school to continue teaching the entrepreneurs.
They are now in the second cohort of trainees.
The first cohort of students has already graduated, and with the academy's deliberate promotion and publicity, the quality of the second cohort of students has begun to improve.
The students who come to learn are mainly business owners from the Jiangsu, Zhejiang and Shanghai areas.
Bosses in the Yangtze River Delta region have one thing in common: they're incredibly wealthy! They'll scramble to attend anything that's helpful to them, even if it's just a class.
The course, which originally cost 5 yuan per session, was inflated to 20 yuan per session by these business owners from Jiangsu, Zhejiang and Shanghai.
With higher prices, the schools are naturally the happiest, as each student can earn them 10 yuan, and it's all passive income.
This entrepreneurship training program in the School of Economics and Management has become a golden goose for the school!
"The quality of this batch of trainees is much higher than that of the last batch, and they are all business owners from the Jiangsu, Zhejiang and Shanghai regions. I feel quite pressured because, in terms of practical results, I probably don't have anything to show for myself."
"Mr. Chen, please don't be modest. Your track record speaks for itself. Last time, some students doubled their sales after learning from you, and some even multiplied it several times. Even the worst performers improved their financial situation."
Among those present today is Zhou Chengjian, who makes clothes and recently founded Meesterbond, which is located in Pudong.
Ding Shizhong, who makes shoes, is the founder of Anta. He established the "Anta" brand in 91, and it has now achieved success in Fujian Province, becoming the leading sports shoe brand in the region.
These people are an indispensable backbone in the current business world, and they will become industry leaders in the future.
It was the opportunities that the times gave him that allowed him to teach these bigwigs.
The efforts of ordinary people are utterly insignificant in the face of the opportunities presented by the times.
After Chen Yong finished explaining the theoretical knowledge to them, he left twenty minutes for discussion.
Zhou Chengjian asked him, "Mr. Chen, my company was only founded last year, mainly producing clothing for young people. Do you have any good suggestions on how to help the company develop quickly?"
"Since it's clothing for young people, you should target their core needs and tap into their consumption desires from different angles. For example, for young people who love sports, you can design sportswear and then collaborate with athletes to endorse your products and sponsor some sports projects. We need to segment our potential customers into groups. When people choose clothes, they are limited by time and space. If we find the right group, that's our opportunity for development."
What Chen Yong just mentioned is essentially a service offered by business consulting firms.
However, he didn't dwell on it in class; Zhou Chengjian couldn't possibly ask all his questions at once.
After class, Zhou Chengjian approached him and asked, "Mr. Chen, would it be possible for you to serve as a business consultant for our company?"
Business consultant? This wasn't the first time Chen Yong had been invited by a boss.
However, he wasn't interested in being a consultant. Companies would give him a sum of money, and he would offer advice and strategies. To put it bluntly, it was like paying for an annual membership.
You can contact him anytime within the year for help.
A typical professional business consultant can easily earn 100,000 yuan a year.
Chen Yong is no longer so concerned about this amount of money.
"I'm sorry, Mr. Zhou, I'm just too busy to find time to be a business consultant. You could try consulting with professors from other departments at our school."
"Hey, Teacher Chen."
Professor Tang, who was passing by, greeted him, "Professor Tang."
Chen Yong nodded in response.
Tang Shan was extremely envious when he saw the boss next to Chen Yong.
This kid is so young, yet he's already so popular, and his status within the academy is rising accordingly.
In a short time, he covered the path that had taken him more than ten years.
Chen Yong remained unmoved even when a boss offered himself up.
"This is Professor Tang Shan from our college, and he is also a very knowledgeable professor."
Chen Yong took the initiative to introduce Zhou Chengjian to Tang Shan, as a small favor to the latter.
Tang Shan felt much more favorably disposed towards Chen Yong after Chen Yong took the initiative to introduce him. It seemed that this guy wasn't one to keep everything to himself.
"You two chat, I have something to do, I'll be going now."
"Take care, Teacher Chen."
…………
Chen Yong was going out to eat with his aunt, and this time he invited Bai Susu over as well.
Chen Fang booked a high-end restaurant on Huanghe Road, and she takes her food very seriously.
When Bai Susu arrived, she brought a gift.
"It's been a while since we last saw Chen Yong, and he seems to have become even more outstanding!"
Bai Susu spoke to him warmly, and her eyes were full of affection when she looked at him.
Chen Yong was deeply moved. His biological mother was right in front of him, but he had no reason to acknowledge her. He had reached a delicate balance in his heart. Bai Susu owed him nothing, and she had even helped him a lot after coming to Shanghai.
Having been raised by Chen Dagang and his wife since childhood, she never lacked love and therefore harbored no hatred towards Bai Susu.
Of course, another reason is that he wasn't particularly poor growing up, and having enough to eat was never a problem.
Chen Dagang and Wang Juan are both teachers at the county high school, not some rural private school teachers.
Private school teachers were the ones who went hungry at that time.
A county-level high school teacher is already considered to be in the middle of the profession.
Moreover, after Chen Dagang and the others retire, they will receive more than 10,000 yuan a month in pension!
Even some private school teachers, after the country's economy improved, the country did not forget them, and their retirement pensions are six or seven thousand yuan.
Teachers endure hardship in their early years and enjoy a comfortable retirement.
If you're a middle school teacher in a big city, you're even luckier; your career will be a steady upward trajectory from the start.
"I'm not that outstanding, I just became a school teacher and got a spot to study abroad," Chen Yong said, shrugging with a relaxed and confident expression.
"Hey, progress really does boost confidence! Chen Yong is much more relaxed and composed now than when I first met him."
"I'm quite curious about how your parents raised you to be so outstanding."
"My parents are both high school teachers, and they didn't really supervise me much. I'm naturally smart."
Speaking of innate intelligence, Bai Susu was deeply moved. Chen Yong was her son, after all. He looked like Chen Yun, but his brains were inherited from her.
I felt relieved, but also a little heartbroken.
During the meal, Bai Susu asked Chen Yong how the unfinished building project was going. "Now that the government has released positive news, and you had the foresight to plan ahead, you must have had quite a few wealthy people contacting you recently, right?"
Bai Susu will definitely have to look into this matter to prevent Chen Yong from being bullied.
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