Understanding Lin Qi and His Capital
Neo ultimately convinced the Board of Directors members with his eloquence and his plan, which was also related to the current situation in Listoan.
These people won't blindly trust someone who has deceived them more than once. They will definitely find out whether what Neo said is true through their own means before making a decision.
But there won't be much change, because Neo didn't lie this time.
However, these things are still too far removed from ordinary people. For such an economically pillar enterprise to leave a region, even if it reaches an agreement with the local authorities on some aspects, it is not so easy to do.
It would take a long time just to settle the workers and employees who couldn't move to Other States with Listoan.
The next day, Saturday, after the atmosphere of Friday night's party, people began to pay attention to Lin Qi's secondhand goods auction.
At this auction, some people stood out from the rest of the group.
They wore expensive formal attire and maintained a proper appearance even in the sweltering heat. Although they were constantly wiping away sweat, they did not appear to be particularly rude overall.
These people watched the entire auction of Lin Qi's property and even actively participated in it; they were actually Lin Qi's potential partners.
How to grow a business has always been something that business people have been tirelessly pursuing.
Everyone may reach different conclusions. Some people believe that craftsmanship and dedication should be put into the process, while others believe that integrity should be the foundation. But what can truly make a business grow rapidly is the operation and methods of capital.
Perhaps it was the participation of these respectable people that sparked some people's spending impulse. By the time the auction ended at 7 p. m., the total transaction amount was 20,000 yuan higher than last week. This unexpected upward trend also brought many positive effects to the auction.
As soon as the auction ended, several businessmen approached Lin Qi, wanting to discuss cooperation with him.
Capitalism has never been kind, compassionate, or benevolent.
In the ocean of capitalism, plunder is the essence of everything.
According to Federal and financial laws, when a company's market value exceeds ten million, it must accept investment from investors—their rhetoric is certainly more palatable than the facts. A company with assets exceeding ten million needs to have multiple shareholders and Board of Directors with more than ten members, in order to prevent financial crimes.
In other words, if Lin Qi's Interstellar Trade Company is worth more than ten million, he will not have the right to refuse other people's investments; otherwise, his company may be investigated.
As for how much money others invest and how many shares they can get from him, he can discuss it with them, but he cannot refuse.
If a company's market value exceeds 100 million, the company must be listed on the stock exchange. Only after being listed for a certain period of time can it be delisted.
The official explanation is that the growth of enterprises requires giving back to society, while also being subject to supervision by the entire society, which is also to prevent financial crimes.
In reality, these laws are designed to facilitate the plunder of other capitals. The capital market is always a deep, dark ocean where everyone is both a predator and a prey. It's a game of survival.
The most common phenomena here are unlimited appreciation and unlimited depreciation. How to become an appreciation producer and always remain in the position of a predator is what every businessman, every businessman who can be called a capitalist, pursues.
Compared to other entrepreneurs' fear of investors, Lin Qi was much more generous. He even invited these people to a hotel and booked a business suite with a conference room.
Sitting in the room, enjoying the cool breeze from the central air conditioning, the gentlemen who had been cooped up in the gymnasium for hours finally breathed a sigh of relief.
After a brief rest, someone jokingly asked Lin Qi for his views on investment.
In fact, these people had already exchanged opinions with Lin Qi at yesterday's party. Today they are just here to conduct an on-site inspection. If they can cooperate, they will. If they cannot cooperate but there is profit, they will consider whether they can compete with Lin Qi for business.
On the surface, they wouldn't do that, but secretly they would have someone register a company to run the same business as Lin Qi. Even though they are businessmen in the same camp, they would never be modest when it comes to competition.
"I don't reject investment. In my eyes, it's better for everyone to make money together than for one person to make money alone..." Perhaps it was the unique allure of these words that quickly Lin Qi up the atmosphere in the room.
He presented some data to illustrate that this was a very profitable project. "So far, the profit per session can be guaranteed at around 15% of the total transaction volume. After deducting other fees and necessary expenses, the net profit fluctuates around 8%..."
"If we include the sale of seats related to the cooperation, there will be an additional stable income. In Sabine City, it's 20,000 yuan per week..."
Honestly, this is already a very attractive figure, with a net profit of around eight percent. Even some large Group Company wouldn't dare guarantee that they could make that much money.
Given the current economic situation, the businessmen in front of Lin Qi immediately became interested in maintaining such a profit momentum.
They may not actually care about the deal itself; what they value is the political significance behind the auction and the reliable and stable cash flow it can provide during economic downturns—that's what they need most.
Lin Qi continued to promote these items, speaking in a slightly excited, solemn, and almost pilgrimage-like tone, "Since the third auction, the transaction amount has not declined significantly. Today's transaction amount has even increased slightly. This tells us that its potential has not yet been fully realized."
"I am actively preparing to hold auctions throughout the state, and I have already received approval from the mayor and the governor. In the future, there will be second-hand goods auctions with uniform prices, services, and quality in all fourteen cities across the state."
"Furthermore, I'd like to reveal a new small project here: I will be establishing Second-hand Goods Distribution Center. The weekly auctions will gradually reduce low-priced items and increase high-priced items, separating low-end and high-end goods to create a more ceremonial customer experience..."
"In my current estimates, if the auctions in each city proceed smoothly, the net profit each month should be over a million!"
The merchants in the room exchanged glances, completely unprepared for the astonishing profits generated by what appeared to be an unassuming secondhand goods auction.
Their own estimated profits were even higher than the uncertain "over a million" that Lin Qi had given them; he had more room for profit, especially from those seats.
They had figured out that each seat would bring Lin Qi five dollars in income, and the reason why those salespeople were willing to join this game, which was clearly a feast for only a few, was that Lin Qi could guarantee that the top three salespeople would earn more than ten thousand dollars a month.
In other words, if salespeople want to earn more, their enemy is their colleagues, and their colleagues are their own greed.
If someone arranges for you to participate in the auction and bid for you when necessary, and your bid, including the auction entry fee, is 9,500 yuan, and you manage to secure third place, you can earn an extra 500 yuan by the end of the month.
So there's no need to worry about these seats not being sold. Rather than calling these people Lin Qi's partners, it's more accurate to say they're a group of gamblers. Lin Qi simply provided them with a unique way to gamble.
The profits of over a million a month are enough for these people to get involved. They don't care what outsiders say about them, and there is a lot of added value behind this business.
For example, they could add advertisements for some products to the flyers at the auction, promote the products through a lucky draw at the auction, or give away trial vouchers and movie tickets...
These are all ways to make a profit. As long as there are people and as long as these people have the ability to consume, capitalists have ways to slaughter and sell them like pigs. This is the original form of "traffic".
One of them asked a very crucial question, "Mr. Lin Qi, how much do you value your Interstellar Trade Company, and how much money do we need to offer to acquire shares in your company?"
Lin Qi nodded slightly. "Following the current mainstream calculation method in the Financial Market, using three to five times the annual return as an estimate of the company's short-term value is a very reasonable calculation method..." The others nodded in agreement. The relevant calculation method in the Bayer Federation is indeed calculated in this way.
"Based on my current, perhaps inaccurate, estimate, starting from the second half of the year, the Interstellar Trade Company's net profit will be around 1.2 million per month, and the annual net profit will be 14 million."
"Taking a middle ground, and valuing the company at four times its annual profit, I believe Interstellar Trade Company's market capitalization should be over fifty million..."
When Lin Qi got to this point, the people across the table suddenly realized something was wrong. Lin Qi's income today was only around 60,000, but he had somehow managed to estimate his company's market value at 50 million.
This doesn't make sense. If they want to invest, they'd have to pay 500,000 Federal Sol for just one percent of the equity. Something just doesn't feel right.
The room fell silent for a moment. Lin Qi didn't speak, but just looked at these people with the same eyes he had for Gold Bar —it was all money!
Some people asked if the author was in finance; the answer is definitely no.
Some people asked if the author was involved in politics; the answer is definitely no.
The author is just an ordinary person, and this is a light novel. If there are any errors or omissions in the professional knowledge, just convince yourself that it's normal to have errors and omissions since it's a light novel.