Chapter 119 Old Chen’s Wisdom


Chapter 119 Old Chen’s Wisdom

Chen Anan changed into a white training uniform.

Standing among the crowd, he was quite conspicuous. His little fist could probably squeeze a little water out of a sponge.

I have used all my energy to feed myself

There are more than twenty primary school students in the class, and there are two classes every afternoon.

Practice, practice.

Every girl must have some martial arts skills to protect herself in the future.

Chen Pingsheng also arranged a small task for Chen Qi. He would definitely not be able to pick her up from get out of class every day. This great task could only be left to his sister Chen Qi.

Fortunately, she has nothing major to do all day long and can do whatever she wants.

He himself will study three days a month next month, which he is looking forward to.

The days flew by and it was late July in a blink of an eye.

After Chen Pingsheng completely upgraded and transformed Tengsheng, he also made a series of adjustments to the headquarters.

First of all, two independent departments of vegetables and fish were directly established.

In addition, a purchasing department and a market research department were established.

To put it bluntly, vegetable prices fluctuate too much, and there is a huge space for purchasing.

The stores he will open in the future will definitely be bigger and more numerous, so he must pay more attention to this area.

Otherwise, any rebate would be hundreds of thousands or even millions.

There is no need to worry about fruits. Lao Guo, one of the major shareholders, is at the wholesale market every day.

No matter how big the fluctuations are, he knows everything. He can tell if there are any ghosts just by looking at the goods.

Liu Jing and Zhang Tao are also experts in this field.

Vegetables are completely different. In addition to finding long-term cooperation with big suppliers, the most important thing is to avoid corruption or high kickbacks by personnel in the purchasing department.

He can give employees super high wages, but he has absolutely zero tolerance for this kind of aspect.

To this end, he specially developed a set of countermeasures in the company to prevent procurement corruption.

Very simple.

There are two groups of people responsible for purchasing goods and those responsible for purchasing.

Once someone finds out that someone has taken a kickback, or quoted an inflated price to get the profit margin of the purchase.

As long as you report it, no matter how much he takes, it's all yours.

Even if it turns out to be 10 million, Chen Pingsheng will directly give it to you, the whistleblower.

This may not be easy to understand.

It would be easier if it were within the system. Whoever reports the person above or the colleague around him collects money in violation of regulations.

As long as he finds out, whatever he charges is yours.

You can still sit in his place.

In this case, no one dares to reach out easily.

As long as people around you find someone who collects money illegally, let alone letting him hide it for you, the backhand will definitely be a report.

This is to make a fortune.

In order to avoid problems in the purchasing department, he also decided on this. In addition to receiving money, the whistleblower can also receive a commendation from the company.

Accumulate three times to upgrade.

In a word, report will lead to promotion and fortune.

He didn’t believe that anyone would dare to reach out so easily.

Once the loopholes in the purchasing sector can be filled, the gross profit of vegetables and meat will be much greater than that of fruits.

It's like a fish that costs 2.5 yuan and comes to the vegetable market and only sells for 4 yuan a pound.

No doubt, the seven-weight scale will definitely give you eight taels at most.

Vegetables are more expensive, and prices are usually doubled or tripled to increase prices.

Unless the purchase price is particularly high.

Generally, it is several times.

There is no way, the loss is frighteningly high.

Chen Pingsheng still adheres to the model of small profits but quick turnover. Seasonal vegetables are the best-selling ones, and the gross profit must not exceed 50%.

50% is double the purchase price.

The price of daily hot-selling fish and meat must not exceed 30%.

The price is definitely much lower than in the wet market.

He wants to build a full-category fresh food supermarket that is truly well-known among consumers.

For this reason, he must stop any huge corruption that may occur in the purchasing sector.

Ten million has been invested in the Second Ring Road. The decoration can be completed in half a month. With the move in, the opening is expected to be completed before mid-August.

After finishing his work here, he went to Boiling Yangyang.

Up to now, Feiyangyang has invested a total of about 40 million.

Fifteen stores have been opened, with a total investment of 30 million.

Another 10 million was spent on the Feiyang Headquarters Training Academy.

With Tengying’s traffic support, Feiyangyang became one of the first internet celebrity stores.

Coupled with its price, it is indeed so low that young people in the Second Ring Road cannot even imagine it.

A family of four or five can go there to eat, and they can have a good meal for less than 100 and less than 200.

It’s a big store with such a good environment.

After the word-of-mouth effect came out, the business naturally became popular.

I originally felt that it would make no money because the price was too low and the rent and labor costs were too high.

Who knew you could make money every month because it was so popular.

Fifteen stores combined can earn 500,000 to 600,000 yuan a month.

Far inferior to a single store in Shuiyunjian.

Chen Pingsheng was very satisfied, so he specifically increased the wages of service staff.

Especially the head chefs of major restaurants, on the basis of the original high salary, they will receive an increase of 3,000 per month.

Others have raised their prices from five hundred to one thousand.

To be honest, what he wants to play this time is a capital game. Since he does not make money by profits, he should give all the profits to the employees who pay for it.

But don’t think Gao Hu doesn’t make money.

First of all, his personal annual salary is 1.8 million.

Secondly, the 15% of the original shares in his hand, if calculated based on the current valuation of 500 million, would be 75 million.

The game of capital is like this. Unless he cannot reach the last step, he will definitely become worth over 100 million in one step.

This is something he could not achieve even in his lifetime of opening a hotpot restaurant in Shacheng.

The reason why these brothers who come here are willing to listen to him is because he can make everyone rich.

Think about it, I could only earn 200,000 yuan a year.

With you, you can suddenly make two million a year, except for the very few who are self-righteous and think that everything is their own ability.

Most of them will obey you and whatever you say will be what they say.

Wrong is also right.

Feiyangyang spent a long time exploring chain operations.

After all, Gao Hu had no experience in managing more than a dozen stores, so he still went to Zhang Tao and the others for drinks every day and asked about it.

Actually, opening a store is the most difficult thing, as you have to do everything yourself.

I feel a little overwhelmed when I open the third one. I feel like playing whack-a-mole every day, dealing with problems wherever I find them.

It will be much better if you open the fifth one.

There are standards for everything, and it’s okay to implement them according to these standards. According to what Zhang Tao and others said, Lao Chen led them to start Teng Sheng Fruit from the very beginning.

At that time, when the company was developing a lot, he said that he would give shares to the management. Everyone felt that it was unnecessary to make money in this way.

What happened next? Old Chen has a far-sighted vision.

If half of the shares had not been distributed to those on-site shareholders, I don’t know how many Tengsheng Fruit companies would have collapsed.

It can be said that these people can sit peacefully at the headquarters because the people below are doing their best to guard every store for you every day.

Of course, Lao Chen also made money with them.

This is the premise.

Early on, many stores in Tengsheng could not be opened no matter how hard they were opened, and it was useless for the on-site shareholders to cry anxiously.

Later, Lao Chen closed all these stores, refunded all the shareholders’ investment money, and doubled their wages.

He takes it all on his own.

After a series of investigations, I discovered that there is really something to do with Feng Shui when opening a store.

For those stores that they couldn't operate, they have changed countless stores over the past ten years and none of them have been able to operate.

Everyone will understand later that when looking for a store, you must first ask people nearby.

Just avoid this kind of unlucky shop.

To put it bluntly, the investment in a Tengsheng Fruit Company is 1.5 million.

Even if you only get 20% as a store manager, you still have to invest 300,000.

Once they lose money, they actually have little impact. After all, they can distribute hundreds of thousands every month.

Those part-time store managers are not good enough. They won’t be able to turn around in a few years.

So Lao Chen came up with a policy later. As long as your on-site shareholders try their best, but the store still cannot operate, the headquarters will bear all losses.

The key point is that Lao Chen previously allowed half of the shareholders who couldn't afford the money to buy in. To put it bluntly, he was treating each other with sincerity.

Those people below are really willing to pay for them.

Over time, we found that Tengsheng’s development was getting better and better.

Boiling Yangyang is actually the same. Why does he set employee wages so high? When he knows there is no profit, he simply cancels the dividend shares and changes them to year-end bonuses.

Always treat each other with sincerity.

To put it bluntly, people nowadays are not stupid. If your boss treats them sincerely, they will also treat your company sincerely.

After Lao Chen discovered that Feiyangyang could make money, wasn’t it proof that he directly distributed 90% of the profits to employees.

His philosophy is that your boss is already rich in delicacies, and the people who follow you can't even support their families.

Even a more exaggerated wife cannot afford it.

After several months of humbly asking for advice, Gao Hu finally grasped the core.

We can also understand why Lao Chen set such high employee benefits before.

It’s really easy to manage.

It is completely different for an employee to solve the problem for you spontaneously and for you to pressure him to do it.

Although Feiyangyang’s business is very good and everyone is busy, it is really a joy to work at it.

The annual salary of a chef starts at 200,000 yuan, and that of a waiter starts at 8,000 yuan a year.

Not to mention the management, they are definitely very satisfied.

In this case, if you want to open a branch, you can say that everyone will work together to help you do it well.

Not to mention that Boiling Yang has a big star hanging there.

Tengying continues to deliver large traffic. If this doesn't work, Gao Hu really has no chance of making a fortune.

Don’t mention how prosperous I was in Shacheng before and how many tens of thousands I earned a year.

Look at Chen An'an, Lao Chen's eldest daughter. She shouldn't spend hundreds of thousands casually every month.

Buy a bunch of crap.

It stands to reason that Lao Chen grew up like them and suffered countless hardships. Why did he want to raise his daughter so richly?

Zhang Tao didn't understand it at first. He even clearly remembered how obedient Chen Anan was when he was in that small rental house.

When her parents went out, she was at home alone, neither crying nor making trouble.

No one would open the door, and they would only jump for joy when their parents came back.

He only understood after Lao Chen explained it to him.

An An is already the daughter of a wealthy family. She no longer just owns a father who sells durians on the street.

My mother is not the customer service person who answers the phone every day.

She has to adapt to her new status now. When she gets used to this kind of consumption, she will not be confused by money and material things when she grows up.

To put it bluntly, only when you have no money will you be easily attracted by material things.

After getting rich, especially someone who has spent money lavishly since childhood, material things are no longer important to her.

At that time, she will truly pursue what she wants.

Lao Chen also said that when he was a child, he wanted to be a basketball player or even a singer.

But do you think he still has dreams after getting married?

The only dream left is to make money, and it can only be to make money.

He doesn't want Chen An'an to grow up, he would rather she pursue her dream with no great potential.

Even if this dream is very unreliable, and even looks very promising to outsiders. As long as she likes it, that's enough.

At least, she can live for herself in this life.

Look at Lao Chen’s consciousness when he said this. It’s simply not something we can compare to.

An An has always been his favorite, so she can buy whatever she wants now.

Even if you just throw it away after buying it.

Old Chen wouldn’t say anything.

Because his family no longer lacks this. What they lack is just for An An to adapt to his new conditions.

When she truly adapts, she will no longer have this kind of revenge consumption.

Old Chen taught his daughter that she would be a good person for a long time.

It also allows them to truly understand what it means to treat parents as children, which is a far-reaching plan.

He looked really far.

I don’t care how much money she spends now, I just hope that when she grows up, she can live the life she wants.

It would be the same even if you change the example, Lao Chen and his sister Chen Yao.

That was the one who took care of him since childhood.

Now he has opened a small shop for his eldest sister. Isn’t it bad for his eldest sister?

No, but Xiaofu is safe.

For his eldest sister, being able to earn 50,000 to 60,000 yuan a month through her own labor is the happiest thing.

If you really want them to earn millions or even tens of millions a month, they will not be 100% happy now.

To be able to thoughtfully arrange this for your eldest sister is true family affection.

In short, Gao Hu wants to do a good job in Boiling Yangyang.

You are right to listen to Lao Chen. You can do whatever he says. If you make a mistake, you should implement it first.

As a result, there is a high probability that you will get what you want.

If you must force your own ideas, it will most likely be counterproductive.

Although Lao Chen grew up with them, his wisdom is really not on the same level.

This is what Zhang Tao talks about the most.

He, Zhang Tao, can live a decent life in the capital as a foreign country bumpkin today, and live a better life than those locals.

Anyway, I rely on Lao Chen, and it will probably be the same in the future.

(End of this chapter)

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