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Losing Money to Be a Tycoon
Chapter 1120 - Three Pieces Of Good News Befell Li ShiChapter 1120: Three Pieces Of Good News Befell Li Shi
An employee asked, “Boss Li, in that case, you really had foresight and vision when you held on to the 20% shares of the Cold-Faced Lady back then! Wouldn’t Meng Chang have made a huge loss by selling 40% of his shares?”
Li Shi smiled proudly. “You’re wrong.”
“Do you think that it was a coincidence that I could retain these 20% shares? Of course not!”
“Boss Pei must have allowed me to keep these shares!”
“At that time, Boss Pei’s request was that Tengda had to obtain more than 70% of the Cold-Faced Lady’s shares. Otherwise, he would not have taken over this mess.”
The employee asked again, “However, Meng Chang could also insist on not selling it.”
Li Shi smiled. “This is a simple psychological game problem.”
“We know that Boss Pei always keeps his word. He said that he had to get 70% of the shares. I had less than 40% of the shares back then. Meng Chang had more than 40%. The other investors had a total of 30%. I would definitely not sell the last 20%.”
“In other words, there are only two outcomes between Meng Chang and me: The first is that no one will get a single cent if I don’t sell and he doesn’t sell. The second is that if I don’t sell and he sells. In that case, it’s hard to say if the cold-faced lady will be able to earn money in the future. At the very least, he will get the money now.”
“Does he have any other choice?”
“Fu Hui Investments is huge. It’s not a big loss even if we lose this bit of shares. Meng Chang is in debt. The earlier he takes a sum of money, the earlier he can repay his debt. What right does he have to challenge me?”
“What’s more, it is precisely because we are working closely with Boss Pei that Boss Pei tacitly allowed us to keep this twenty percent share. No one else can learn this operation!”
Everyone nodded in realization.
Some people could not help but think of Boss Pei’s game called Struggle. The so-called ‘rich mind’ and ‘poor mind’ were vividly reflected at this moment.
Many people described the thinking of the rich and the thinking of the poor as the difference in wisdom between the rich and the poor, but that was not the case. It was more like an inevitable result in an objective environment.
In other words, it was not because he had the so-called rich thinking that he became rich, but because he was rich himself. That was why he could use the so-called rich thinking to think about problems.
Just like the shares of the Cold-Faced Lady.
Would Meng Chang not know the value of these shares in the future?
The other investors in Beijing might not know Boss Pei very well. Meng Chang definitely knew how scary Boss Pei was.
However, Meng Chang could only choose to sell his shares when only one of Meng Chang and Li Shi could keep their shares. That was because he was on a completely different level from Li Shi in terms of taking risks.
Similarly, the rich could use the so-called “rich thinking” to think about problems because they had the ability to take risks. The poor did not have the ability to take risks. Naturally, they could not force themselves to use the so-called “rich thinking” to think. They could only focus on the small benefits in front of them.
The employees of Fu Hui Investments obviously understood this very well, but what they would think differed from person to person.
He might sigh at the injustice of this world, or he might make up his mind to never fall into such a helpless situation.
One of the employees raised his thumb and praised, “Boss Li, I now understand what you meant by ‘investing in people’!”
“Buying and retaining the shares of the Cold-Faced Lady is a very outstanding investment. However, the prerequisite for this investment to succeed is to establish a good cooperative relationship with Boss Pei!”
“Otherwise, even if we see this investment opportunity, we won’t know where to start.”
Follow on NovᴇlEnglish.nᴇt“Therefore, your most successful investment was when you saw how outstanding Boss Pei was before Tengda Corporation developed. You cooperated with him as soon as possible and obtained his friendship!”
“Indeed, your investment path is worth learning from!”
He had to admit that there were bootlickers everywhere.
However, Li Shi was not angry because this employee’s bootlicking style was outstanding.
It was not the awkward type of bootlicking, but right on Li Shi’s proudest conviction. It made him feel very good.
Li Shi felt that he had underestimated Boss Pei as Tengda Corporation expanded.
He had a feeling that investing in Boss Pei early would be the most brag-worthy thing in the future!
Of course, this investment was broadly speaking. Gaining Boss Pei’s friendship was also a form of investment.
“Alright, alright. Let’s stop here.” ʀᴇᴀᴅ ʟᴀᴛᴇsᴛ ᴄʜᴀᴘᴛᴇʀs ᴀᴛ N(o)vel(F)ire
“I’ll give everyone another small piece of information to show everyone the way on the account that everyone has been working so hard today.”
“All of you know about the snack market now. The property prices and shops there have increased.”
“But according to my observations, it’s still far from the peak.”
“Do you know the difference between me and the other people who went to buy shops nearby? The difference is that they don’t have enough imagination and can’t guess how much energy Boss Pei has. Thus, they will soon feel that it’s almost the peak.”
“However, I dare say that there is still room for appreciation in the area near the old industrial zone, including the snack market, snack street, and Thriller Hostel!”
“Whether you can gain anything from it depends on your determination.”
“Of course, my judgment is very subjective. The only evidence is that I think Boss Pei will make a big move in this area. I might make a wrong judgment, so you don’t have to thank me for making money and don’t blame me for losing money.”
Everyone’s eyes lit up as they nodded. “Thank you, Boss Li!” Th1s chapter is updated by n)ovel/\bin/\
Ever since the snack market became popular, the prices of houses and shops in that area increased rapidly.
That was normal. The opening of the snack market was so popular that even a fool could tell that the price of this area would definitely appreciate.
However, how high would it rise? That was the question.
At the moment, the prices of houses and shops in that area were already rising rapidly. Many people had originally wanted to invest in it, but they retreated when they saw this situation, afraid that this place would bubble because of excessive hype.
After all, from the way Tengda made the snack street turn, Tengda was more inclined to monopolize it. The shops closest to the snack street were already occupied. Who could guarantee that the shops farther away would be able to obtain the benefits of the snack market?
Thus, many people hesitated.
However, Boss Li’s judgment was that this was not much. It would definitely increase!
It was because Boss Pei had other plans for this place!
However, Li Shi could not possibly buy all the buildings and shops in the old industrial zone.
Therefore, he mentioned this.
As for whether his employees would invest, how much money they could fork out, and whether they could persevere until the end, that was not Li Shi’s concern.
Li Shi was in a better mood after leaving the company.
Three pieces of good news had befallen him recently!
First, Star Bird Fitness introduced the smart fitness drying rack and changed the fitness model. Then, it achieved great success by preemptively purchasing shops near the snack market and rapidly rising in value. Now, there was good news from the cold-faced lady who had been silent for a long time.
They had to thank Boss Pei!
Speaking of which, he had already thanked Star Bird Fitness and the snack market at the dining table, but he had not thanked the Cold-Faced Lady yet.
He should also thank Boss Pei. Otherwise, it would not be good if Boss Pei felt that he had taken advantage of him.
However, he should not make this matter too public. After all, it might be a small matter to Boss Pei.
Li Shi pondered for a long time and finally decided not to make a mountain out of a molehill. He would just send a simple message.
After editing it, he was just about to send it when he stopped.
“Hmm... it doesn’t seem like a perfect time.”
“The Cold-Faced Lady might have settled the overall situation now, but it has not become popular yet. According to the current situation, it will only be popular in the Cold-Faced Lady’s shop in Beijing tomorrow, which is Sunday.”
“If I send this message too early, would it feel like I’m playing tricks?”
“Hmm... I should keep a low profile. I’ll send it tomorrow.”
When dealing with smart people, sometimes he had to act dumb. That was great wisdom.
Li Shi saved this message in the end, waiting for a suitable time.
...
...
June 24th, Sunday.
Pei Qian woke up naturally again. He woke up and looked at the time. It was 9.30 AM.
“Which game should I be playing today?”
“No!”
Looking at the reminder on the calendar, Pei Qian suddenly realized that today was the day Tengda experience shop’s big screen was completed and would be officially opened!
That made Pei Qian a little depressed.
He had to go out again!
The experience shop was already very popular during the test run but they still had to take a look after the big screen was fixed.
Even if it was more popular than before, he had to see how popular it was and have some expectations.
Follow on Novᴇl-Onlinᴇ.cᴏmPei Qian reluctantly sat up on his bed to wash up before realizing that Boss Li had sent him a message.
“Boss Pei, thank you for the matter with the Cold-Faced Lady!”
It was very short. Obviously, Li Shi thought that everyone was smart. They knew each other very well.
However, when Pei Qian saw this message, he held onto his toothbrush, his mouth filled with foam. He thought for half a minute but could not understand what it meant.
Li Shi?
Cold-Faced Lady?
Why are you thanking me?
Pei Qian finally recalled the connection between Li Shi and the Cold-Faced Lady after trying hard to recall. When he had bought the shares of the Cold-Faced Lady at a cheap price, everyone else had sold their shares except for Li Shi who held more than 20%.
“What’s there to thank me for?” Pei Qian was still confused.
At that time, Pei Qian had said firmly that he had to obtain more than 70% of the Cold-Faced Lady’s shares. Otherwise, he would not take this job.
He did not want to monopolize the profits. He was afraid because of what happened before.
Pei Qian did not pay attention to the distribution of shares when he was working on the Top Student, Come Quick application. That allowed Li Shi and the other investors to obtain too many shares.
In the end, this group of people worked together to cheat Xude Education. They threw out their shares one by one and allowed Xude Education to take over.
Not only did they make a lot of money, but they also made a huge profit selling Dream Realization Ventures’ shares!
Pei Qian nearly vomited blood at that moment, but he had no choice but to rage helplessly.
‘Top Student, Come Quick’ had intended to lose a lot of money, but it ended up earning money for no reason. Who could he reason with?!
From then on, Pei Qian became cautious. He had to obtain more than 70% of the shares to ensure that he had absolute control for any project that he could spend more money on.
Pei Qian could not control many things when others took more shares.
What if the ‘Top Student, Come Quick’ case happened again?
As for why he left 20% for Boss Li...
That was because Pei Qian knew very well that Boss Li would definitely not sell the shares given his character. It would be a waste of time to persuade him otherwise.
What’s more, these 20% shares were not a big deal. It did not affect Tengda’s absolute control of the cold-faced lady.
If Boss Li was willing to spend money to make ducks and drakes of it, then so be it.
Pei Qian had completely forgotten about this until Boss Li sent this message.
He was a little puzzled. Why did Boss Li send such a message out of nowhere?
Pei Qian’s pupils dilated all of a sudden. He spat out all the toothpaste foam in his mouth into the washbasin.
“Sh*t! Did something happen to the Cold-Faced Lady?!”
Perhaps he had eaten too much seafood yesterday. His gums were showing signs of bleeding.
The toothpaste foam was slightly bloody, foaming at the mouth but also attacking his heart.