Using Their Talent to Build His Own Enterprise
"The wig business is so profitable, hey, A-Yao, instead of taking care of those bastards who poached your workers, why don't you take care of the three of us? A few hundred thousand in investment, we can all afford it." Cheng Yu-tung interjected after hearing Song Tianyao say that Tang Wenbao had arranged for people to poach his workers immediately after inviting him to dinner.
"The situation is still unclear. If wigs were really that profitable, Chu Xiaoxin would have already taken the opportunity to make a fortune. Why would he wait for you to ask A-Yao? Even the Chu Family, who are on good terms with A-Yao, haven't gotten involved in this business. What do you think? Of course there's a problem!" Although Lei Yingdong had drunk a few glasses of wine, his mind was still very sharp. As soon as Cheng Yu-tung finished speaking, he immediately said.
Cheng Yu-tung glanced at Lei Yingdong: "Of course you're not in a hurry. Don't think I don't know how much hair you've stored up. It's obvious that A-Yao has an opportunity to make you a fortune."
"You made Lei Danzi hoard hair, Korean War, you're trying to frame someone." Ho Hung-sang's face was still flushed with wine. He had been listening to the three's conversation in silence. After thinking for a while, he looked at Song Tianyao and said with certainty.
Upon hearing Ho Hung-sang's words, and considering Lei Yingdong's hoarding of hair, Cheng Yu-tung suddenly realized, "Recently, even Hong Kong's shrimp can't be sold to United States because the United States say they're raised in Communism seawater. If those factory owners use this batch of hair that Lei Danzi has... do you have a deep-seated grudge against them? Those guys could easily lose everything if you do this to them."
Song Tianyao scratched his head. He hadn't said a word, but just based on Lei Yingdong's hoarding of hair, the three people in front of him had guessed three or four tenths of his thoughts.
And it happened after drinking. Sure enough, the wealthy tycoons who rose to prominence in later generations were never fools.
Chapter 262 Utilize their talents to achieve your own success
As the Lantern Festival takes away the last bit of the traditional New Year's atmosphere in Hong Kong, the new year officially begins for the China person in Hong Kong.
Shortly after the Lantern Festival, three low-profile United States company branches quietly put up signs in the Bivero Building in Central, Hong Kong: one called Hampden Machine Trading Company of the United States, one called United States Nelson Machinery Repair Service Company, and one called Kime International Trading Company of the United States.
The first two machine-related companies were established by Angie Perlis in the United States, while the latter Kimei International Trading Company, was a Hong Kong branch that Tang Boqi registered in the United States and then opened in Hong Kong.
Compared to Angie Perlis, who took more than two months to set up the Hong Kong branch after going to the United States, Tang Boqi was undoubtedly much faster. He left Hong Kong before the Spring Festival and returned to the United States. When he came back after the Lantern Festival, he had already registered and arranged all matters related to the United States Head Office and the Hong Kong branch.
At this moment, Tang Boqi was in the newly rented office of the Jimei Company in the Bivero Building. In front of the newly hired lawyer and secretary, he launched into a tirade of vulgar and offensive English at Tang Jingyuan, who had kindly inquired why his cousin had such severe dark circles under his eyes. Fortunately, Tang Jingyuan did not understand English, otherwise he might have already fallen out with Tang Boqi.
"Are you out of your mind? Poaching Song Tianyao's workers? Song Tianyao is currently ordering production machines for you, and you're actually poaching their people behind their backs? Is this how you and your uncle do business in Hong Kong?" Tang Boqi had been happily returning to Hong Kong, eager to see the machines arrive and begin production, with the products to be imported into the United States market under the name of Kimei International Trading Company. However, before he could even enjoy his triumph, Tang Jingyuan excitedly told him that the Tang family had poached more than a dozen female workers from Song Tianyao's factory, intending to train their own workers and, incidentally, train workers in other factories preparing to make wigs. Tang Jingyuan's boastful words nearly made Tang Boqi faint. He roared angrily at Tang Jingyuan.
"You keep saying he has ulterior motives, how can that be considered good intentions? Besides, the Tang family offers high wages, and their workers are willing. It's a win-win situation. Can't workers earn high wages?" Tang Jingyuan was completely baffled by Tang Boqi's anger. "Father said that we can use our training program to compete with Song Tianyao for industry prestige."
"If your father said that, then he's just as stupid as you!" Tang Boqi's handsome face was now contorted with rage, his eyes fierce like a beast ready to devour its prey. His words even included insults directed at Tang Jingyuan's father, Tang Wenbao: "Everyone is ordering Song Tianyao's machines to open factories. Aren't you afraid that Song Tianyao will delay the production of the machines the Tang family urgently needs to make money for another year or two?"
"My Dad and I consulted a lawyer to review the contract for ordering the machines. We only decided to do this after we were sure there were no problems. If the machines are delayed, the machine company will have to pay a penalty. Besides, in Hong Kong, it's very common for workers to switch factories." Tang Jingyuan was somewhat dissatisfied with Tang Boqi's comment that his father was stupid. He frowned and said to Tang Boqi, " In Hong Kong, who doesn't have the power to make decisions and grow their business?"
Tang Boqi chuckled, his mocking gaze fixed on Tang Jingyuan: "Playing word games in contract terms? Even if I hadn't studied law, only economics, I could still include one or two word games in the draft to evade responsibility. Okay, since we're talking about paying liquidated damages, have you considered what if Song Tianyao would rather pay liquidated damages than give you the machines? Are you going to buy an advanced production line from the United States costing over two million Hong Kong dollars per set? Four sets together would cost nearly ten million Hong Kong dollars. Do you have the money? You might say that Song Tianyao isn't the only one in the United States who sells machines. Didn't you ask me why I have such dark circles under my eyes? I'll tell you, it's because during my time back in the United States, I traveled all over Cleveland and Detroit investigating Song Tianyao, aside from those large and medium-sized machines with constant orders..." The remaining dozens of smaller factories in both locations have all signed contracts with Song Tianyao's machinery trading company registered in the United States. These contracts are to produce wig machines for his machinery sales company in the United States. Each factory is currently responsible for producing two sets. Song Tianyao's company has priority for subsequent orders within one year. Do you understand what priority for subsequent orders means? It means that if you want to bypass Song Tianyao's company and buy machines directly from the United States factory, Song Tianyao only needs to use this priority to demand that the factory continue producing for him, while your order is permanently placed behind his. If the factory dares to process your orders, the breach of contract penalty Song Tianyao receives from suing the factory will be more profitable than selling the machines. Compared to your uncle's methods of only poaching workers, this is real shrewdness!