Erpi Ya and Big Fart Baby.
I have to complete business training in my own company one after another.
Born like them, the cost of trial and error is actually very high, as long as they are not the kind of people who are hopelessly stupid.
The significance that continuous trial and error can bring is absolutely beyond imagination.
Chen Pingsheng was only responsible for giving the money, leaving the rest to their own choice.
Whether it's drying wine or opening a large snack shop, he doesn't care about it.
……
The day came to the end of June 21.
The Tang family, who had not come to see him for more than half a year, came to see him again.
Unfortunately, he already made a bid last year and will not be able to bid again this year.
The situation in the real estate industry can only be described as precarious. The simplest thing is that Hengda Xu Belt is still being pressured to secure the delivery of the property.
This is also his last chance.
The influence brought by Brother Belt must have been extremely bad. If it weren't for something holding him back, I would probably be crying and wiping away tears every day in the short video.
It is indeed too miserable to buy a house but not receive any income.
At the beginning of the year, there were also a small number of bad videos that went viral.
Now it is completely gone. There is no doubt that these things have been suppressed, or are not allowed to be released at all.
Not to mention that the Tang family is completely over, it is considered good to still be alive. This year, people like the Tang family are not so free to go abroad.
Transport away the typical example of unfreedom.
As for the smaller real estate owners, they are lucky to be alive.
Chen Pingsheng approached Wanda Chairman again and planned to fully acquire all offline Wanda Plazas.
This time we went to negotiate, and it took three full days, but we still couldn't agree on the price.
Lao Wang’s family wants a valuation of 180 billion, and the highest he can offer is 120 billion.
The reason for acquiring Wanda Plaza is to improve the offline sales of Tengfei New Energy.
Secondly, Wanda Plaza is still a high-quality asset, and the annual rent is very stable.
The third and most important point is that Wanda has so many brand resources.
This is of great significance to his Tengyou Media, including Tenghui Department Store and Tengying Entertainment.
It can be said that once he completes the wholly-owned acquisition of Wanda Plaza, the stock prices of these related companies will rise sharply.
The ceiling should be increased by at least two stories.
What a pity.
Lao Wang's family has been severely short of funds in recent years, and its core business, Wanda Commercial Management, has been seeking to go public.
Only after the listing of this asset failed did he have a chance.
As for those who came to him and begged him to buy them, he ignored them.
He has less and less cash at his disposal, so he must spend his money wisely.
I don’t know how long it will take for this condition to go away, which is really helpless and heartbreaking.
The days are long...and another year has passed in the blink of an eye.
Dafaiwa's wine business got off to a roaring start, and he even bought a winery in France.
Various short video promotions of celebrity endorsements, and even massive online promotions, still failed to prevent it from ending in a disastrous failure.
The main reason is caused by the chaos of internal management of the group.
Various money-grabbing incidents emerged one after another, and the marketing department was constantly changing.
It can be said that she has almost eliminated all the reasons for failure.
I don’t know what her father or mother thought, but they gave her 500 million to start a business, and she could get whatever resources she wanted from the group.
But if you want advice or personnel help, there is absolutely nothing.
This also led to the investment of more than 400 million in red wine projects, and Tengying Group did not even send out a single executive.
It was all up to her, a girl in the third grade of junior high school, to cross the river by feeling the stones.
The Internet even lists the reasons for the failure of celebrity wine companies.
Many people like to express their opinions online as if they are jokes.
Everyone in the know understands that this is just a trial project given to his daughter by Tengying Group.
Failure is normal. If you don't fail, Tengying Group will end up personally.
During this year, Chen Anan, in addition to studying, was responsible for the red wine business of Anle Group.
She lost more than RMB 400 million when starting her first business, which was a big blow to her.
As for Erpuya, one or two Dada snack stores have just opened and are still booming.
When it opens nationwide, it requires a very complete supply chain including team management.
There is no doubt that apart from giving money and resources, Chen Pingsheng will not send senior executives to take care of them.
That would be meaningless, and everything would have to be done by oneself.
The final result was that just like her sister, one snack shop after another was closed.
In just one year, she lost more than 300 million yuan in her family.
She was not as affected as her sister. For her, running a company is just playing games.
If you fail this one, just try again next time.
Another year has passed in the blink of an eye, and the days have arrived in June 2022, summer vacation.
Dafaiwa did not get into the best first-tier middle school in Shanghai based on his own ability, but only got into a second-tier high school in Shanghai.
Chen Pingsheng transferred her to the best high school without hesitation. As for Erpuya, she was about to enter the fifth grade.
A summary meeting was held at home, allowing each of them to reflect on the reasons for their failure.
Erpiya said: "Dad, I have to admit, although I am extremely talented, have excellent grades and have excellent intelligence, but..."
"Just talk about the latter part, don't bring out the front part and praise yourself again."
Erpuya is like this. Every time she needs to criticize herself during the summary meeting, she will definitely praise herself first.
"I failed and lost three small goals. The main reason is that the company's employees are all idiots and not smart at all. I need to recruit more smart people."
"You have been working for a year and lost hundreds of millions, so you gained this little experience?"
Chen Pingsheng was helpless, but he still gave her 300 million.
He also put a lot of effort into cultivating his daughters. Even if he just spent money, he would create two truly wise businesswomen.
As for Big Fart Baby, it's much better. Regardless of his age, he can still sum up himself better.
She wrote five major reasons for her failure on A4 paper. She didn't make many excuses. If she failed, she would fail.
Chen Pingsheng also allocated 500 million to her from the family foundation. Just as Erpiya thought, starting a company was just a game for them.
It doesn't matter if you fail in a game, even if you lose so much money.
The most important thing is to be able to sum up the failure experience in these games.
So as to constantly reflect on progress.
This is the meaning of his family fund.
It has never been easy to be a good father. Not only do you have to provide food, clothing, housing and transportation for the family, but more importantly, you have to raise your children well.
This is how they are responsible for their lives.
In his plan, Chen Anan, including Erpiya, would fail at least three times in a row.
These three times are to let them clearly understand themselves. No one is truly extremely smart.
Starting a business is not something that can be done by one person. It requires the integration of many factors.
Luck, people, and soil.
Fortune is choice, and choice is definitely greater than hard work.
For example, if you go into real estate or the traditional catering industry now, it will only be the same after all your efforts.
That's the choice.
People and harmony are what need to be cultivated in the next stage. The core is to know how to control people. The key is to control those who are truly capable.
A person who can surpass his own abilities.
The first three failures will also make them slowly explore this area.
Later, he will deploy some truly capable people to their companies to help them start their businesses, while also considering their employment skills and abilities.
After these people go, they won't listen to him anymore, and he won't express any opinions. The rest is left to the big farts and the little farts to decide on their own.
The number of failures that Chen Pingsheng planned for Big Fart Baby was probably six times. After six times, you can achieve some success. After graduating from college, you can work as an intern at one of the top companies for one to two years.
She will definitely become a real talent.
This kind of talent is not a talent in the ordinary sense, but the kind of talent that can take over the family business.
As for Erpuya, she will have to fail at least seven or eight times.
Continuously failing and accumulating experience in playing good games is enough for her.
This is a training condition that ordinary families simply do not have, and it is also the prerequisite for the two sisters to truly excel.
The core of the family is to train the children. Xiao Ya became a full-time employee after three months of internship.
It would take another eight months to become a small deputy section-level cadre in Shanghai.
This is due to his investment of more than 38 billion in the second phase of Tengying Community.
That is, on May 20th last month, Xiao Ya got engaged in a very low-key manner.
Check out the 16-9 book bar and see the correct version!
The target is the second son of the former district mayor of Jinshan and now the deputy mayor of Shanghai.
Both of them had arranged it at home, and the engagement ceremony could be said to be very low-key and not a big deal.
Not suitable for display either.
This is a marriage that Chen Pingsheng himself negotiated, and the relationship between the two families has always been very good.
Don't think that what he did was too opportunistic. In fact, with his current ability, the marriage between the two families would be of great benefit.
People in this circle can fall in love freely, provided they are well-matched.
If the gap is too big, it's simply impossible.
These things at home are all going in the prescribed direction step by step. The further they get to this point, the broader the sky they come into contact with.
Only then did I understand my own insignificance more clearly.
After Xiao Ya got engaged, her sister Xiao Le was about to be a sophomore in college.
He still has to arrange her marriage partner.
Xiao Le also almost went astray. A boy from school had been chasing her for more than a year, and she was very moved.
When the two of them almost got together, Chen Pingsheng directly expelled the boy from school.
This couldn't be easier for him.
To put it bluntly, the niece he spent so much resources to train would never choose those college students from ordinary families.
Even if your talent reaches heaven, it will be the same.
Parents have no way out, and it’s very difficult to get ahead in today’s society.
Almost impossible.
Therefore, he used various means to expel the boy from school.
If that boy wants to say that he is not smart, he is indeed very smart. If you want to say that he chases Xiao Le desperately and has no idea at all, it is also false.
It was winter again and she had to run several kilometers just to buy a bowl of wonton noodles that she liked to eat.
It’s summer again and I’m running to buy ice cream, or I know how hot and cold everything is.
His thoughtfulness, gentleness, and talent are all written on his face.
How would all of this be possible if Xiao Le hadn't driven a Ferrari when he left school, and then drove a Cullinan when he entered school?
It's nothing more than an attempt to change his destiny through her.
This kind of thing only happens in TV dramas. It is impossible to happen in reality. His dismissal was the price for his ulterior motives.
Xiao Le remained silent for a long time, and Chen Pingsheng had no explanation at all.
Families like theirs no longer allow you to do whatever you want.
How can a girl who spends tens or even millions on a casual shopping trip be with a man who earns 10,000 yuan a month?
The values of the two are very different. Apart from the hormones at the beginning, there is a strong conflict of ideas and values.
Chen Pingsheng also reminds Xiao Le not to try to accept ordinary boys who are extremely inconsistent with her identity.
Her future can only follow the set direction, and her marriage partner can only be chosen by him.
Every step of the big family is no longer so pure.
A family like theirs looks extremely powerful, but their actual background is still far behind.
It is necessary to bind more political resources through marriage.
Before others marry them, they will also investigate their life experience in the past ten years.
Having a normal boyfriend is a stain on college.
Ordinary families don't look at this at all, but families like theirs pay great attention to it.
You see, the only son of the old Wang family has just been rumored to have an affair with the big penguin princess, saying that the two families are getting married.
As a result, the big penguin came out to eliminate the scandal faster than a rocket, and he didn't like his number at all.
Anyone who has been with an Internet celebrity or made news on the Internet is tantamount to ending their marriage to a wealthy family.
If there is one unexpected thing that happened this year, it was the plunge in Nvidia's stock price.
The 2% of Nvidia shares he holds were worth US$16 billion last year, but only US$7 billion is left this year.
NVIDIA's stock price has doubled compared to last year.
There are only 350 billion US dollars left, and his stock has fallen in the past year.
The loss was almost 9 billion U.S. dollars, which is 63 billion when converted into RMB.
This is stock market investment. You don’t know what will happen tomorrow, and he is not a victorious general.
He should lose as much as he deserves, but fortunately he is big enough, so this small amount of money does not have much impact on him.
The key is that he didn't cash out, and it always felt like Nvidia would one day rise back up.
The biggest thing about this summer vacation is Ascendas New Energy's most high-end SUV model.
Longteng S900 will be released soon.
It took a year to prepare, and then went through 100,000 kilometers of testing to adjust the efficiency.
It can be regarded as the day when it is actually launched.
However, before going public, he still has a few things to do. One is to complete the research and development funds required for Tengfei New Energy in 2023.
Another is to prepare for the official opening of the North American super factory.
This is probably the last time he will raise money for Ascendas New Energy. After 2023, Ascendas New Energy will completely turn losses into profits.
It has to be said that this is an event that the entire Tengying Group, including himself, has been looking forward to for seven years.
From the day of its establishment, which was at the beginning of 2016.
Tengfei New Energy will spend more than 40 billion every year to support it.
Currently, the most valuable stocks in his hands are Google (1%) and Nvidia (2%), which has fallen to the bottom.
Chen Pingsheng made a decision that no one could understand, and directly cashed out all 1% of Google's steadily rising shares.
According to the current Google stock price, this 1% can probably cash out 15 billion US dollars.
Converted into RMB, that’s 112 billion.
The reason for cashing out in this way is to replenish the R&D funds for Ascendas New Energy's entire series in 2023.
The second point is more controversial. The remaining 72 billion will be used to increase Nvidia holdings.
When others are selling, he buys.
Based on the current NVIDIA shares, 350 billion U.S. dollars is converted into RMB 2.4 trillion.
He used 72 billion to increase his holdings, which could increase his holdings by about 3%.
Add the existing two percent, and that’s five percent.
This is really betting all the cash on Nvidia during its trough period.
He still firmly believes that AI artificial intelligence is the future.
For this reason, he would not hesitate to gamble more than 70 billion. If he loses again, he will not trade in stocks for five years.
If you make a profit, let’s talk about it later.
Anyway, after Tengfei New Energy turned a profit and Tengde Times went public, their family no longer had any pressure.
What remains is how to increase the family heritage.
Among the domestic private enterprises, there are only a handful of them, less than ten, that are better than him.
There is no one with more cash than him.
At least he can take out more than 200 billion in cash at any time.
(End of chapter)