I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 145 Ending and Suggestions
After hearing what he said, Jiang Hao immediately listened attentively.
Even Lu Weiming, who was standing next to him, was sitting upright even though he was not involved in the actual operation.
"The first one is about the company's management. The management system of the entire company is too rudimentary."
"Especially since you are actually the general manager of the company and you are still a PhD student, you have not been in the company's administrative department for a long time, and many tasks are not handled in a timely manner."
"I personally suggest that you should find a professional manager as soon as possible."
Jiang Hao nodded quickly at this point. He had indeed already made plans in this regard.
Due to practical reasons, everything will be prepared after the A round of financing.
After the A round, the company can be considered to have moved from a startup to a formal company.
Moreover, only companies that have received financing and have grown in size and appear to be more formal can recruit such management talents.
In fact, even for companies in the A round, most managers who are experienced or whose abilities have been proven by the market are not willing to come and submit.
After all, the risks from round A to the later rounds are still extremely high, not to mention the most difficult listing.
Most capable managers are not willing to waste their limited and best time on a startup company with great uncertainty such as the A round.
To be honest, Jiang Hao doesn't trust those who have little ability or have just started working as professional managers.
So I will temporarily manage everything by myself. Anyway, for a company of less than a dozen people, it is more like an exchange of personal relationships than management.
He is easy to manage, but the company's various collaborations and matters do require his continuous review and signature.
If Hillhouse Capital is willing to raise funds, it will be much easier for their company to recruit professional managers, at least there will be some to choose from.
This is the natural benefit of having big capital financing endorsement. They may not trust your company, but they absolutely trust Hillhouse Capital’s vision.
There are many invisible resources like this, and it is not just talk that you can enjoy the shade under a big tree.
Of course, there is an even more crucial reason for not looking for a professional manager at the moment, which Jiang Hao was embarrassed to say.
He has to be able to afford the salary of a professional manager.
A basic annual salary of several hundred thousand is a must, and his angel round company really can't afford it.
But if you want to attract people by relying on equity, haha!
The shares of a company that has not yet raised funds, even if they are already Series A shares, still require someone to be willing to take them.
To put it bluntly, as long as they are not listed, the shares of A and B round companies are essentially waste paper.
The essence of a company is just a valuation, not the market value of a listed company. The gap here is not small.
However, after reaching the B round, most startups have already received investment from big capital.
The shares held by individuals only start to be worth something at this time, but as long as the investors allow the transfer of equity, there will still be people willing to take over.
So this is the reason why Jiang Hao took care of the company affairs by himself in the early days.
Seeing that Jiang Hao already had a plan, Chen Shu nodded and continued.
"Secondly, regarding the company's operating risks, I have checked and found that the trademark and domain name of Totoro Live were not registered abroad in advance."
“Even if your live broadcast is mainly for the domestic market, it is still necessary to register in advance in the Hong Kong market and several developed countries such as the United States.”
"After your website develops, you must not ignore overseas Chinese users."
After hearing what Chen Shu said, Jiang Hao suddenly reacted.
He did consider trademark domain names, and registered domestic domain names and trademarks related to "My Neighbor Totoro Live" and those with similar pronunciations.
As for the foreign market, he really subconsciously ignored it and only considered the domestic market.
Now that Chen Shu has given us this advice, we know that the overseas Chinese market cannot be ignored. It may not be needed now, but it is hard to say what the future holds.
……
Chen Shu gave him a total of 6 main suggestions, all of which were very necessary to address the company's business pain points.
Including issues such as financial management, live game authorization, etc.
Some problems can be solved immediately, but some can only be solved one step at a time. As a small company that has not yet reached the A round, Longmao Live has its limitations for the time being.
It’s not a big deal in the short term, but if we really want to develop, we have to prepare for these problems in advance and cannot ignore them.
"Researcher Chen, thank you so much for your suggestions today."
Jiang Hao was truly grateful at this moment. The highest position he had ever reached in his previous life was project manager, which was essentially just an ordinary middle-level manager.
Even project managers in middle-level management still have a relatively high level of technical attributes, and they only have a say in software development projects, but their ability to run a company and actually manage it is still relatively weak.
It is indeed not a big problem to run a small company in this life, as it is difficult for a small company to involve complex management.
But if he wants to move into a medium-sized company, or even a large company, his management level is not up to the mark.
Fortunately, in this life, he now has control over the resources, and at least he has become a relatively prominent figure.
You don't need to make money by selling your skills or abilities, but more about improving yourself in terms of your pattern, vision, and character.
"No need to thank me. In fact, we researchers usually only do research and never speak. It is even more impossible for us to give any advice to entrepreneurs and entrepreneurial teams."
Chen Shu adjusted his glasses and spoke more directly.
"I am talking to you today because Manager Gao asked me to give you some suggestions."
"If you find it useful and helpful, just thank Manager Gao."
Jiang Hao understood what was said after hearing this, since it was not a common sense to bring it up.
Manager Gao Yan also asked Researcher Chen to mention these things to him, which is definitely a way of taking care of him.
He had no personal relationship with Manager Gao, so in the end it was definitely Professor Zheng's face that mattered.
It seems that I really owe Professor Zheng a big favor.
However, as long as Professor Zheng can participate in the investment with Hillhouse Capital this time, then this matter is acceptable.
Having said this and finished his suggestions, Chen Shu stood up and prepared to leave.
"Researcher Chen, you've been busy for two days. Please allow me to entertain you before you leave! Let's do our best to be a good host."
At this moment, Brother Lu was trying to find an opportunity to grab Chen Shu, thinking of treating him well.
When he had previously received other distributors or colleagues from Wuliangye Company in Fuyang City, he was familiar with both the reception at the dinner table and after-dinner reception, and he arranged everything very well.
This time, he had promised Jiang Hao that he would treat the other party well. However, who knew that the research reception model of Internet companies and investment bankers was completely different from what he had imagined.
Since the overall work has been completed today, Lu Weiming has been ready to demonstrate his abilities.
Being able to establish connections with Researcher Chen from a large capital group with a relatively high level, maybe in the future we can also ask him to research and analyze other companies.
Brother Lu was very enthusiastic about this matter. He had already made arrangements for lunch, foot washing and massage in the afternoon, and even the evening.
"Yes! Researcher Chen, Assistant Yao, and President Lu have already made arrangements. They will stay for lunch first, and then we will entertain them well!"
At this point, Jiang Hao also knew that it was time to make use of Brother Lu's strengths.
Nowadays, there is no need to demonstrate the professionalism of the company, etc., but to help retain employees and treat them well.
"It's a pity! I was hoping to accept your hospitality, Mr. Jiang and Mr. Lu."
"But Yao Bing and I'm on a flight at 12 noon, and we're heading to Shenzhou City to inspect the next project. I guess we'll have to have lunch on the plane."
"How about this, if you two don't mind, we can exchange contact information. If we have the opportunity to come to Songjiang City again in the future, we can sit down and have a good chat together."
It seems that Chen Shu is really busy at work and has already arranged his schedule.
Hearing that he couldn't stay for dinner, Lu Weiming couldn't hide the regret on his face.
He came and left in a hurry. He just stayed with me for two days and did almost nothing, and it was of no use.
However, when he heard that Chen Shu was willing to leave his contact information and to have dinner and talk together when he had time later, Lu Weiming's mood immediately improved.
It's enough to be able to establish connections with people. With the contact information, if he really doesn't understand something about investment in the future, he might be able to ask people for advice on basic knowledge.
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