Rebirth 1990: I have three golden fingers

The office of Nyo Xinghai Investment Co., Ltd. is located on the 12th floor of the Fair Building, No. 10 Wall Street, adjacent to the Nyo Stock Exchange and just two to three hundred meters south.

The Equitable Building was originally built in 1915 and over the past few decades it has been one of the important landmarks in the financial world. Many well-known investment banks, insurance companies and financial companies have offices here, such as Goldman Sachs Group, Morgan Stanley, Citigroup, etc.

The rent of nearby office buildings is very expensive. Fangbai rented more than 300 square meters, and the annual rent reached US$450,000, which means the average annual rent per square foot is about US$150.

However, in the global office leasing market, it is Hong Kong City that ranks first in the world, while N is only ranked second, and the average rental level is only more than half of that in Hong Kong City.

Xinghai Investment Company only occupies an area on the first floor, but it is enough for dozens of employees, and there are not that many employees.

This Wall Street, which is only more than 500 meters long and 11 meters wide, has 100,000 financial professionals. As long as the salary and benefits are good, it is very easy to recruit people.

On the fifth day after the company was established, Fang Bai recruited suitable employees, including a fund manager, two traders, a lawyer, an accountant, a cashier and a valuation analyst.

With just 7 people, the annual salary expenditure will be US$1.8 million, not including performance incentives.

In the early 1990s, the median income in the United States reached more than 50,000 US dollars. Thirty years later, the median income was only 68,000 US dollars, a slight increase.

The world's financial elites are concentrated in Manhattan. Graduates of Ivy League finance-related majors can receive a salary of US$100,000 in their first year.

Of course, consumption and renting are also high here.

Among the salaries paid by Fangbai Company, the annual salary of fund managers reaches 600,000 US dollars, the annual salary of traders and analysts is more than 200,000 US dollars, the annual salary of other staff is more than 100,000 US dollars, and the lowest salary of cashiers is only more than 80,000 US dollars.

The company's workload is not large, and there are no projects that require frequent operations. Currently, 7 employees are enough, and we will add more employees in the future based on business conditions.

After recruiting employees, Fang Bai assigned tasks and at the same time went to do business in person to raise funds.

He didn't want to waste the five quotas for increasing his favorability in one day.

The first is the investment institution of his building. As long as it is large-scale, Fang Bai will visit the top management on the grounds of cooperation.

The fund manager is Hank Simmons. He has a master's degree in economics from Columbia University. He has eight years of practical experience and has been a fund manager for three years. However, his performance is average. The main reason is that it is too stable.

Fang Bai likes subordinates who are obedient and not impulsive. As long as they can perform their tasks seriously, there is no need for outstanding performance.

Too powerful fund managers have extremely high salary requirements, millions of dollars a year, or even tens of millions of dollars. In addition to this, they also require independent control of funds, which Fang Bai cannot agree to.

Before 2000, as long as you held those three stocks for a long time as a blind investor, you would definitely make a profit without losing money.

The company currently has only more than 20 million US dollars in investment funds, all of which have been invested in three stocks.

Simmons was familiar with some financial institutions on Wall Street, and Fang Bai went with him to run business.

At the beginning, Simons found it difficult to obtain funds, even if the company offered capital guarantee + guaranteed annualized return of 20%, because most financial companies could not trust a newly established and unknown company.

However, from the first day, the boss obtained two funds, totaling more than 10 million US dollars, which made Simmons feel incredible.

In the next thirty days or so, there was a gain every day. A small day could bring in 7 to 8 million US dollars, and a big day could bring in 70 to 80 million US dollars.

When the company's assets under management reached US$1 billion, the boss stopped running.

What Simons didn't understand was that there were only three stocks for the $1 billion target, and in the end the company almost became Cisco shareholders in terms of the number of shares it held.

"I have to return to China. There are still companies in the country to deal with. I will not assign any more tasks to you. If you can get funds, you can still invest the funds in those three stocks. This can be counted as your performance.

I plan to hold these three stocks for a long time. They are not allowed to be sold without my permission, and the funds raised are not allowed to be invested in other projects. "Fang Bai solemnly explained to Simmons, "Your only job is to maintain customer relationships on a daily basis, count the data of three stocks every quarter, report to me regularly, report performance to customers at the end of the year, and distribute dividends.

You can arrange your own working hours. You can go on vacation or work from home, but there must be one person on duty to answer customer calls.

In addition, there are still five million US dollars that have not been invested. You can operate as you like and do whatever you think makes money. Your team can take one-third of the profits. Any losses belong to the company, but you must keep at least one hundred dollars. Thousands of dollars are used for annual expenses, from which weekly wages are paid. "

"..."

Simmons didn't know what to say. He was busy for more than a month, and then he was completely idle and had nothing to do.

He admires his boss's communication skills very much. He can solve the tough problems that others can't conquer by just chatting with the heads of various financial institutions.

Amazing!

At the same time, his boss took him to run business together, and he also met many financial tycoons.

It is precisely because of this that his favorability towards Fang Bai reached 90 admiration level.

"Don't worry, boss, I will strictly implement your orders. I also have a question. If we use five million US dollars to earn more, for example, if we increase it to 10 million US dollars, are there any restrictions on our operating authority?"

“As long as you have the ability, you can operate it independently if you make 100 million, but you cannot use other funds to cover your positions.

In short, the funds raised in the name of the company can only be used to invest in those three stocks. The performance bonus you can get every year depends on how many stocks you can get. "Fang Bai said seriously that if there was nothing urgent, he would not come to Chou Country again. He requested that people from this team report to him every six months in Hua Country.

Fund managers need to report to Hua Guo every quarter.

Only face to face can Fang Bai know what these people have done and ensure their loyalty. There is no need to keep people in the company.

Leave five million US dollars for them to operate, just to let them not be too idle and earn back their wages if they can. The main thing is to maintain customer relationships.

Fang Bai worked in business for more than thirty days and got to know hundreds of elite investors on Wall Street, including fund managers, company directors, and bankers, including senior executives of major companies such as Goldman Sachs Group, Morgan Stanley, and Citigroup.

It can be said that Fang Bai has gained a lot. When a company needs financing to go public, he can just go to these investment companies directly.

It was also during this period that Xinghai Investment Company became somewhat famous on Wall Street and was no longer unknown.

Fang Bai's connections also skyrocketed by more than a hundred, reaching 290, which was not far from the 320 required for upgrade.

If he hadn't been away from the country for too long, it had been more than forty days, and the company had urgent matters waiting for him to go back to deal with. Otherwise, he really wanted to wait for the maximum length of stay on the commercial visa.

"Okay, I understand." Simmons nodded solemnly. He still wanted to use his authority to make more money, at least enough to earn enough for the team, so that he could continue to work and be more practical.

As for the rewards, it depends on the returns of the three stocks and whether the boss is generous enough.

After Fang Bai finished explaining to Simmons, he convened a small meeting with other employees to arrange work.

Currently, the number of employees in the company has reached 10, and the number was later increased by 3, mainly to ensure the safety of funds.

The company has a strict fund usage system, and Chou State has relatively sound financial-related laws. Just one or two people cannot misappropriate funds, and all important accounts are under Fang Bai's personal control.

When the employees heard about Fang Bai's easy task, they were very excited and wanted to shout.

The salary is still paid, and you can do whatever you want, as long as you do the basic work well. There is no mandatory performance work, and you can also travel to Hua Country every six months.

If everyone wants to make more money, it depends on how manager Simmons arranges it.

If you stay away from other countries and don't mess around with him, you are a good employee.

Fang Bai finished his arrangements and left the company.

The next day, I took a flight from N to Los Angeles, and then flew to Shanghai.

Qin Shuyu knew that Fang Bai was returning to China and arrived at about nine o'clock in the evening according to the flight time. She dressed up beautifully today and waited at the airport in the afternoon.

Sitting in the departure lounge, his eyes were full of tenderness and expectation. He always looked at the time on his watch inadvertently, and occasionally looked at the photos of the couple in his wallet, recalling their good times together.

I missed him so much that I called Fang Bai.

Overseas telephone wiring is very troublesome, and Qin Shuyu calls once every weekend.

When it was almost nine o'clock, she stared at every plane over the airport, hoping that the one landing would be Fang Bai's.

Of course, I was more worried about his safety, as long as he arrived safely.

Today, in addition to her and two female bodyguards, Wang Dakai and Li Xiaolong came to pick up Fang Bai. They drove three cars.

At around nine o'clock in the evening on April 1, Fang Bai arrived at Shanghai International Airport.

After coming out, less than two minutes after turning on the phone, the phone rang. It was Qin Shuyu's call.

"Shu Yu, we're here, we're here, we just got off the plane, don't be impatient!"

Fang Bai was walking while talking, and two subordinates helped him pull his suitcase.

More than ten minutes later, when Fang Bai arrived at the exit, he saw Qin Shuyu standing tall and stretched out her neck in the crowd from a distance.

Qin Shuyu also saw him, then she jumped up and waved, and ran over eagerly, her skirt flowing with it, and then she hugged Fang Bai tightly, her eyes became moist in a short while.

The tourists around looked at this pair of talented men and women and were very envious.

There were many people as excited as they were at the scene. Some people had stayed abroad longer and couldn't help crying after seeing their families. There was even a young man who returned to China and kissed the ground and cheered excitedly: "Five years, Hua Guo ,I'm back!"

These days, it is difficult to go abroad and it is also difficult to return home.

Especially the loneliness in a foreign country is too painful.

"Okay, let's go home." Fang Bai patted Qin Shuyu's back, and she released her tight hug and turned to hold his arm.

The group went to the airport parking lot and had a late-night snack at a Chinese restaurant before returning to their residence.

At night, Qin Shuyu took the initiative to ask for it, and Fang Bai struggled for an hour or two before she was satisfied.

The next day, Fang Bai gave himself a day off to spend time with Qin Shuyu and take a break.

He only went to the technology company on April 3.

When General Manager Li Xiaoyu saw his boss coming back, he first reported his work to him.

The VCD production that Fang Bai has been paying close attention to currently has more than 500,000 units in stock, and it is estimated that it will only take two months to reach one million units.

An electronics factory in Guangdong City produced a prototype of a micro servo motor that was optimized by Fang Bai. After Fang Bai inspected a dozen prototypes, he barely met his requirements, which solved the worries of the micro servo motor.

Micro servo motors are not worth much, and they only cost three dollars to import. They are just afraid of getting stuck. Fang Bai has no intention of producing them himself, so after applying for a patent on the design drawings, he sends them to a cooperative manufacturer to see if they can be mass-produced.

In the chairman's office, Fang Bai told General Manager Li Xiaoyu: "Mr. Li, if they can stabilize production, we can hand over the order to the other party for manufacturing. We will place a small batch of 10,000 pieces first and see if they can make it stable. Directly one million.

I don't care what the other party's qualification rate is, anyway, the products sent to our company must be 100% qualified! "

Ten thousand micro servo motors only cost 100,000 yuan after tax, but for other manufacturers, that is not a small amount of money.

And one million, with a contract value of nearly 10 million yuan, is a super order.

"Okay, then I will call the other party's boss later and place the order today. For him, this is an opportunity to make a fortune." Li Xiaoyu replied respectfully, hoping that the other party would take advantage of this opportunity.

After inspecting the micro servo motor, Fang Bai then inspected the laser head prototype manufactured by the outsourcing factory.

The laser head is manufactured by a domestic optical instrument company. Fang Bai cooperates with two powerful domestic optical instrument companies and provides design drawings. As long as it can meet his requirements, he can obtain an order contract.

It costs about two dollars to import a laser head, and it only costs a few yuan to produce one domestically.

If both companies can meet the requirements, the order quantity will be allocated according to quality conditions.

After the inspection, it was a pity that it was still a little worse. Fang Bai wrote down the reasons for the non-compliance and improvement measures, hoping that domestic manufacturers could help him solve his worries.

"Tell the other party the results and reasons. They still have two months." Fang Bai told Li Xiaoyu that if it was still a little short, he planned to go to other manufacturers to help solve the problem. Helping others is also helping himself.

The patent belongs to the company, and the OEM has no right to sell it.

"Okay." Li Xiaoyu replied, "Chairman, we estimate that our inventory will reach one million units by early June. When do we plan to go public?"

Fang Bai also thought about this issue seriously on his way back to China.

The first batch of one million VCD machines is in stock, with the highest production costs and a capital backlog of more than 200 million.

He took a trip to Chou Country and found that the cost of each decoding chip was reduced by US$5.26, which is equivalent to thirty yuan.

If the servo motor and laser head can be made in China, we can save another ten yuan.

"Let's first see when the servo motors and laser heads can be made in China. If the inventory reaches 1 million, they can indeed be put on the market. There is no need to wait until the end of the year." Fang Bai originally planned to go on the market by the end of the year, but now the situation has changed. As long as the time is right, , it is possible to go on the market in advance.

"Okay, I understand. I'll urge the outsourcing factory." Li Xiaoyu nodded, understanding the chairman's plan, and he finally knew it.

He has been hoarding products, and his work pressure is also very high. That is more than 200 million yuan. If sales are not good, he will definitely not be the general manager for long.

If sales are booming, his position as general manager will be secure.

Fang Bai spent a day handling matters at the technology company. On April 4, he came to the machinery company to handle the work.

In March, the machinery company's sales points received a total of 220 million yuan in orders, exceeding the monthly sales target of 200 million yuan.

The trial production of the small 45-kilowatt diesel engine was progressing well. Fang Bai raised some questions and asked the technical department to make further improvements.

The mature products of the machinery company include 45 kW-75 kW floor pumps, and a 90 kW floor pump is under development;

There are 35-meter and 40-meter pump trucks, and a 45-meter pump truck is under development;

Mixer trucks, concrete mixing stations, and small excavations are all under development, among which small excavations are the key development projects this year.

After Fang Bai figured out the situation of the machinery company, he was generally satisfied.

On April 5, Fang Bai came to the new factory in Pudong New Area. At this time, the steel structure factory building has been built. The designer and manufacturer are currently installing and debugging equipment. It is estimated that it will be put into use in a short time.

After walking around the new factory, I came to the future commercial core area of ​​Lujiazui and saw the Oriental Pearl Tower towering into the sky. The construction height should be no less than 300 meters and it is expected to be completed next year.

In the future, the land at Super Mall will still be desolate.

He was busy going abroad after the year, and now he is back.

He had one billion yuan in funds at his disposal, which he obtained through loans from various banks in Wencheng. After the year, he borrowed a total of two billion yuan, of which one billion yuan was used for real estate projects in Wencheng.

The two billion yuan loan was nominally designated for project development in Wencheng, but in fact part of it was misappropriated, and the bank couldn't do anything about it.

He plans to make appointments with the presidents of various banks in Shanghai in the next few days to find ways to borrow another billion yuan in preparation for acquiring the land in Lujiazui.

The longer he delayed, the more impatient he became.

Today, Xinghai Machinery Company’s monthly order volume exceeds 200 million yuan, its net profit after tax exceeds 100 million yuan, and foreign investment companies manage one billion US dollars. This is why he dares to obtain high-value loans from Shanghai banks and the Shanghai government. The confidence of the land.