Zhou Hao asked Jia Wenyin to sit down, and the people who followed her also left tactfully. Zhou Hao poured a cup of tea for Jia Wenyin, who thanked him repeatedly and said, "Mr. Zhou, I have always wanted to see you. I am old, and it is not easy for me to go to the mainland, so I cannot visit you. I didn't expect that the staff checked the list of Miss Chen's group a few days ago and found your name. I thought it was a duplicate name at first, but I asked someone to find out that you are also the boss of Haobo Yingxiang. I am very happy that you can come to the Seedling Fund's party this time."

Zhou Hao guessed that Jia Wenyin should know his background, so he did not hide it: "To be honest, Chen Qi is my friend's sister and also a contracted artist of my company. This is her first time to come to Hong Kong to participate in an event, and I am relieved to accompany her here."

Jia Wenyin nodded very understandingly. "When I invited Miss Chen, I didn't know that Mr. Zhou was the boss of Haobo Yingxiang. I used to pay attention to Light of Hope. I have been working on Seedling Fund for four years. During this period, I encountered many difficulties. At one point, I thought that doing charity was the most difficult thing in the world. But after learning about the model of Light of Hope, I found that there is a good model. Doing charity can be so simple and can affect many people. Light of Hope has given me a lot of inspiration for doing charity."

Zhou Hao said modestly: "President Jia, you are too kind."

Jia Wenyin waved her hands very seriously, "I'm not praising you at all. You don't know how difficult it is to do charity. For example, for the Seedling Fund, for every penny of the foundation, I have to risk my reputation to ask for help from people everywhere, or ask some business owners to donate, or ask some celebrities to donate some unwanted things for charity sale. But business owners are very realistic. If I just want money, they will treat me like a beggar and donate tens of thousands or even thousands of yuan to get rid of it. If you want them to donate more, you must first create a social influence, such as inviting some celebrities to hold charity galas and charity sales. Only with media attention will business owners be willing to donate more money. This kind of charity is like eating one meal and not the next."

At this point, Jia Wenyin sighed and said, "The Seedling Fund's funds are often cut off. Once they are cut off, even the salaries of employees cannot be paid. This model is too unhealthy. It is far from being as smart as the Light of Hope, which can be self-sufficient and fully mobilize everyone to play their due role."

Zhou Hao nodded and said to her, "To be honest, Light of Hope has taken a big advantage in its development because it targets college and high school students. In mainland China, the college entrance examination is the key to changing a person's life. Every student and their parents take it very seriously. Before the college entrance examination, students need tutoring. Only when there is demand can there be a market, and only when there is a market can wealth be created. If this model is transplanted to the Seedling Fund, I'm afraid it won't work."

Jia Wenyin nodded in agreement and said, "I have also learned about this. The Light of Hope does have its own market, so it can do such a big charity without asking for help from others."

After that, Jia Wenyin looked at Zhou Hao and said, "So I want to learn from you, and I also want you to help our Seedling Fund design a model so that the Seedling Fund can continue to develop forever and help minors who have been or may be harmed. But if it really can't find a healthy development model, it will go bankrupt sooner or later."

Zhou Hao was ashamed, he knew nothing about charity. The reason why he accidentally created Light of Hope was because Su Zhao was worried about his tutoring during the National Day. Zhou Hao had been working in the Internet industry for many years and was keenly aware of the communication problems between supply and demand sides, so he tried Light of Hope. Unexpectedly, the effect was very good, and he subsequently promoted Light of Hope vigorously. He had selfish motives, as he hoped that Light of Hope could help him develop the payment product Alipay.

Only when all aspects fit in and the timing and location were right, Zhou Hao was able to make the Light of Hope bigger and stronger. If he was really asked to do charity seriously, he would be clueless. The biggest problem is that if he can't find the source of funds, he has no idea where to get the money.

Jia Wenyin is a veteran star and has a lot of connections in the Hong Kong and Taiwan entertainment circles, so she can use her face to gain support from celebrities and financial support, and can use her face to increase the popularity of the Seedling Fund. In this respect, her resources are much better than his own. If he were not running the Light of Hope, but a non-profitable charity fund, he would probably only be able to throw his own money into it and let him go out to raise money. How could his face be as useful as Jia Wenyin's?

However, Zhou Hao couldn't refuse directly. After all, he was a senior in the entertainment industry and he couldn't be so perfunctory.

After thinking it over, Zhou Hao asked, "President Jia, how much is the fixed monthly expenditure of the Seedling Fund now?"

Jia Wenyin said: "We have more than 20 employees and more than 300 volunteers who help from time to time. Together with office space and business expenses, the fixed monthly expenditure is about 200,000 Hong Kong dollars. However, the largest expenditure is charity funds. We have now sponsored more than 300 minors who have been harmed across Hong Kong to help them settle down in life, study and provide psychological counseling. All the expenses are more than 600,000 Hong Kong dollars per month. Under normal circumstances, our funds are tight every month, so our average expenditure is about 500,000 Hong Kong dollars."

Zhou Hao nodded. Expenditure of 700,000 or 800,000 Hong Kong dollars a month may not sound like much, but at the moment, the value of the Hong Kong dollar is higher than that of the RMB. 700,000 or 800,000 Hong Kong dollars is almost 100,000 US dollars, and the purchasing power is still very strong.

In fact, charitable foundations around the world face a problem: difficulty in fundraising.

For large charitable foundations, they have their own survival model. For example, billionaires like Bill Gates use hundreds of millions of dollars to set up charitable foundations. The principal of this charitable foundation basically remains unchanged. It will be used by the foundation for financial investment, and the money earned from the financial investment will be used for charity. In other words, money makes money, and only the money is spent, and the mother of the money will never be touched.

But this is the routine of large charitable foundations. Even if they put hundreds of millions of US dollars in the bank and earn interest, they can at least generate tens of millions of US dollars in revenue a year. But for a small charitable foundation like the Seedling Fund, there is less than one million Hong Kong dollars on the books. If they want to make money with this money, they can't even support themselves, let alone do charity.

Jia Wenyin said that the Seedling Fund's account currently only has enough money to last about a month, so she has to keep thinking of ways to raise money in various ways, but the Seedling Fund has been operating for nearly four years, and the effect of relying on reputation has begun to be greatly reduced. In the past, Jia Wenyin risked her face to beg various celebrities to auction off some of their items, and she could raise two to three million Hong Kong dollars, but now many celebrities are no longer buying in, and even those who do buy in are becoming more and more perfunctory. The things everyone brings out are becoming less and less valuable. At the last charity sale, a celebrity even donated a broken golf club, which hit Jia Wenyin hard.

Although Zhou Hao didn't understand charity, he knew that the Seedling Fund itself had no ability to make money, and it would be impossible to find a business model for it no matter how hard he tried. So Zhou Hao changed the subject and said to Jia Wenyin, "Chairman Jia, I will seriously consider what you said, but I can't come up with a truly effective plan for the time being."

Jia Wenyin also nodded in understanding. "There's no rush. I can hold on for four years and I don't mind waiting a little longer. But Mr. Zhou, I hope you can seriously consider my request. No matter what the result is, I, Jia Wenyin, will be grateful!"

Zhou Hao said hurriedly: "You are too serious. This is what I should do. I will definitely consider it seriously."

Jia Wenyin smiled gratefully at Zhou Hao, "I feel relieved when you say this."

Zhou Hao nodded and asked, "By the way, President Jia, I have always had a question and would like you to tell me about it."

Jia Wenyin said: "Mr. Zhou, please speak."

Zhou Hao asked: "Why did the Seedling Foundation invite Chen Qi as a guest?"

Jia Wenyin smiled slightly, "It was LSL. I told him that it was too difficult to raise funds for the Seedling Fund. I wanted to find an opportunity to increase the influence of the Seedling Fund in the mainland and hope to attract the attention of mainland businessmen and the public. So I wanted to invite a mainland star to participate in our charity gala. I asked him to help think about whether there is a suitable candidate. If he can invite someone, that would be even better. Originally, I expected him to invite Gong Li, after all, they have worked together before, but he recommended Chen Qi to me, saying that he liked Miss Chen's voice very much and felt that she had the potential to become the next A Fei, so we sent an invitation to Haobo Yingxiang."

At first Zhou Hao wanted to ask who LSL was, but after listening to her, he guessed that the LSL she was talking about was Zhang Guorong, which surprised him. Although Chen Qi is now quite famous in China, she is still very young and has no background. Her current works include only three songs and a micro-film. How could she catch the eye of Zhang Guorong?

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like