I'm reborn and I'm an international student again?

Chapter 549 The Correct Way to Raise Funds

Chen Xi listened to the "dreams" of these young masters, and the corners of his mouth slightly raised.

He knew the strengths and weaknesses of the people present.

Many of these projects sound outrageous, and even if they are not outrageous, they are not something that this group of people can easily carry out.

As someone who had run an investment company in his previous life, he knew very well that no project was inherently good or bad.

Often in the news, there are many projects that seem outrageous but can make a lot of money.

Some large investment companies usually invest in projects that seem strange.

Because they don't even consider whether the project itself is designed to make money, but rather how to operate the project to make money.

Many venture capitalists often receive project plans that take up many pages at the beginning, with a lot of bullshit data, indicating costs and profits, as well as detailed information about the product. These things are often thrown away like garbage by them, and they basically don't read them carefully.

Because these data are just a combination of market research and bragging.

Considering the unknown nature of things, only a fool would believe it.

Investors will only look at whether the subject matter of this project can easily become a 'prop' to make money.

It's just like a movie. The subject matter is attractive and people will choose to watch it first.

In the past, Chen Xi’s mailbox would receive dozens of new projects every day, but he simply did not have the time or energy to look through them all carefully.

The correct way to raise funds for a startup in China is to briefly introduce the project and then roughly explain to investors how to use the project to "make big money." To make big money, you need to suggest some "sexy operations."

As for the detailed data, the investment company will have professionals to investigate. Even if you send it to them, they will probably just take a quick look at it.

In fact, attracting investment still requires a little opportunity. For example, a venture capitalist has an electric car project in his mailbox, but the battery problem has not been solved. At this time, another project happens to be a new type of battery. Therefore, these two projects may be taken at the same time and combined.

Many fresh graduates have the dream of starting a business, so they go looking for investors with their carefully prepared plans. However, their plans are often regarded as rubbish, which makes these college students feel unbalanced and think that the other party has no vision.

Most of these carefully prepared business plans start by stating how much money the project can make, how much the product will cost, and how long it will take to recoup the investment.

However, these things can only make you look "professional", but they do not make the project useful to investors.

Because the profits directly generated by the project often cannot attract the attention of venture capital.

Data is useful, but it also depends on the investment. In traditional projects, it is correct to list the data directly. For example, the sale of a shopping mall. Chen Xi once received a project for the sale of a shopping mall in Changshan City, and the price was 1.4 billion. However, this price is obviously slightly high. If you want to consider whether you can make money after acquiring the shopping mall, you have to look at the specific detailed data.

The scalability of the project also needs attention. There are many projects that are actually good, but there are few that can be extended. For example, a certain milk tea company has opened so many stores across the country and has an annual profit of RMB 100 million.

However, few people will invest in such projects, and the hope of listing is quite slim, because there are too few things that can be extended.

Yongtai Technology is a pretty good company. It is engaged in chemical industry, but it can also be combined with pharmaceutical factories and battery manufacturers. This kind of project is very promising.

From chemicals to the acquisition of pharmaceutical plants and lithium battery plants, many other projects can then be deployed and then combined together.

When it comes to financing, the one who is the best at it is Boss Jia. He takes out the words from foreign business textbooks and translates them into Chinese, which immediately turns them into high-sounding "new words". When he uses these new words to talk to investors, he immediately looks very impressive.

Such as top potential, empowerment, reuse of play styles, extraction and transparent transmission, granularity and so on.

There are also some popular things that change their meaning when he says them. For example, live streaming can be said to be the commercialization of personal IP. A certain TV and a certain mobile phone can be called a new practice of "breaking boundaries and countering" industry integration.

Although Boss Jia still claims that he will return to China next week and is suffocating for his dream, it cannot be denied that he has succeeded before.

Even though he is ridiculed by many people online, there are still people who invest in him. This is a kind of skill.

In the eyes of many industrialists, he seems to be a clown, but he is still more capable than ordinary people. At least he can fool many bigwigs into paying for his dreams.

In fact, there are countless people like Lao Jia in Huajing, where entrepreneurs from all over the country who want money gather. There are so many unique projects and people that it is impossible to count them all.

"Brother Xi, are you crazy? How dare you invest in such a weird project like theirs?"

"Yeah, are you drunk?"

While others were still going crazy, Yin Anwei and Zheng Xin pulled Chen Xi aside and asked.

"I'm not drunk. It's a good thing that these people have dreams. If you don't stimulate their potential, their good ideas may be buried. Let's work hard for our dreams together!" Chen Xi answered casually, and then raised his glass.

“Work hard for your dreams!”

"Long live Brother Xi!"

Others responded.

"I think you are crazy. These people's ideas are simply outrageous." Zheng Xin shook his head.

"As long as the operation is good, even a pile of shit will be paid for by someone. Look at the Sakura Country, there are many otakus who spend huge amounts of money to buy beautiful women's shit to taste. Can you say this is an unprofitable project?" Chen Xi cited a real-life example.

"..." Zheng Xin didn't know how to refute after hearing this, because he had also seen the news.

Two days later, in Xinxiyuan, Zhou Wenbin’s home.

"Grandpa Zhou, our waste disposal company can now earn over 100 million yuan a year. Will this attract some people's attention?" Chen Xi sat on a chair and smoked with Zhou Wenbin.

Zhou Wenbin is an old smoker and it seems that he never stops smoking, which makes Chen Xi a little unbearable.

"You mean, being targeted by someone with ulterior motives, and then writing some short essays to create public opinion?" Zhou Wenbin glanced at him.

"Yes, some competitors were suppressed by us before, and I think they will look for opportunities to retaliate. The Internet is too scary now. Even if your business is legal and compliant, it cannot withstand smears and crazy attacks from keyboard warriors online."

"Don't worry about that. Don't you think about what I did before? If I am defeated by those idiots, how can I handle the affairs of the entire province?" Zhou Wenbin waved his hand, looking indifferent.

As a former senior leader of Jiangsu Province, what kind of storms has he not seen?

He has so many private competitors that it’s hard to count them all. The fact that he can continue to work until retirement shows that he has strong political skills.

Although he is now a consultant to Chen Xi, he is not someone that anybody can deal with.

"Have you ever thought about what kind of business you plan to do in the future now that you've made so much money?" Seeing that he didn't respond, Zhou Wenbin asked again.

"Yes, but it's not the right time yet because I haven't graduated yet." Chen Xi nodded.

He wanted to redo the unfinished project in Huajing in his previous life, and this time he had to avoid those dangerous monsters.

"In fact, before I retired, there were many good projects in Jianghuai and Jiangsu Province that were not put into use because the conditions were not mature at the time and there were no corresponding policies. But as time goes by, many cities have begun to accelerate their development and expand towards the surrounding areas. Many bans have also been lifted, and some projects will receive high attention from relevant departments..."

Zhou Wenbin's words first made Chen Xi frown, and then his eyes brightened. After returning to China, Chen Xi has always been on the policy route, and he is still very familiar with some things.

"The eastern part of our country is developing rapidly. What we have always emphasized is to make some parts rich first, and then lead the poor areas to common prosperity. In fact, the economies of various provinces were similar before. Zhijiang and Guangdong provinces were not much ahead of other provinces. It's just that the funds of some provinces were mobilized to their construction first. What this means is that after these areas develop, their money will be used to support other provinces... When the coastal areas have developed almost enough, they will start to turn to inland areas. The financial levels of various places are also different. Xinlu City, for example, belongs to the third-level finance. This means that in terms of financial management, Xinlu City not only has to pay taxes to the central finance, but also to the provincial finance..." Zhou Wenbin directly told him about the financial problems of various cities around Jianghuai.

The first-level finance (central finance) is the highest level of national finance and is responsible for fiscal revenue and expenditure and macro-control across the country.

Secondary finance (provincial finance) refers to the financial units of provinces (autonomous regions, municipalities directly under the central government), which are financial management agencies under the central government.

The third-level finance (prefecture-level city finance) refers to the financial unit of the prefecture-level city, which is responsible for the fiscal revenue and expenditure at the prefecture-level and the financial support for the local economy.

Other levels of finance are divided into county (city) level finance and township (town) level finance.

Xinlu is a provincial capital city, and its fiscal level belongs to a prefecture-level city in terms of administrative division, so its fiscal level should be the third-level fiscal level. Although Xinlu, as a provincial capital city, has a high status and influence in economic development, fiscal management and public services, this does not change the division of its fiscal level.

The neighboring Qinhuai City is the capital of Jiangsu Province, but it belongs to the second-level financial level.

Secondary fiscal cities usually have stronger fiscal self-sufficiency and higher tax revenues, which can support local development projects and reduce dependence on transfer payments from higher-level governments.

The financial problems of a place can determine its development. For example, Qin Feilong introduced Huajing Electronics.

If you invite someone, you need to pay them.

Where does this money come from? Naturally, a portion of fiscal revenue will need to be used.

It can also be said that the local government is investing money.

Jianghuai Province has now launched a strategy to strengthen its provincial capital, while neighboring Jiangsu Province is pursuing a balanced development strategy.

If you want the local government to offer you generous conditions to invest, then your company needs to be able to bring returns to the local area. This is not just about money, but also about driving local employment and other industries.

In other words, after changing its strategy, although Xinlu City is still a third-level fiscal system, as the provincial capital, it has suddenly received strong support from above, which is actually no different from a second-level fiscal system.

Each city wants to introduce different projects. Xinlu wants to introduce high-end equipment manufacturing, energy-saving and new energy vehicles, biomedicine, information appliances, information logistics, etc.

Qinhuai City has placed emphasis on emerging industries and pillar industries, such as optoelectronics, modern communications, and wind power generation equipment.

The pillar industries include electronic information, petrochemicals, automobiles, steel, etc.

In fact, Zhou Wenbin’s meaning was very clear, that is, no matter what industry Chen Xi wanted to work in, he could just go to the corresponding city.

The treatment there will be very good, just take the right position.

"Smoke, smoke, smoke. He smokes so many cigarettes every day. And you, why did you give him so many cigarettes for no reason?"

As soon as Zhou Wenbin's granddaughter, Zhou Hanxue, entered the room, she looked at the smoke filling the living room, waved her hand in disgust, and pointed at the two men to educate them.

"Oh, our housekeeper is back. He nags all the time. It's so annoying. Chen Xi, I have a meeting to attend. You can come with me." Zhou Wenbin said in a low voice and secretly pointed to his granddaughter next to him.

Chen Xi nodded quickly when he heard that. He didn't want to stay here and listen to a woman's nagging.

"Where are you two going? Aren't you going to have dinner home tonight?" Zhou Hanxue couldn't help but ask when she saw the two of them standing at the door changing their shoes.

"Let's go to a meeting, a meeting..." Zhou Wenbin smiled awkwardly.

"You're already retired, who would want to have a meeting with you? Why don't you make up a decent lie? If you find me annoying, just say so."

"It's really a meeting... Qin Feilong wants me to go..."

"Let's go, let's go." Zhou Hanxue waved her hand impatiently, but she soon remembered something and shouted, "My dad called and asked me to ask him about his work."

"Why didn't he call me himself? He had to tell you because he was afraid that I would scold him. He always thinks about relying on connections and using the back door to find a good job..." Zhou Wenbin said unhappily.

After leaving the door, Chen Xi looked at Zhou Wenbin and asked, "Are we really going to a meeting?"

"Do you think I'm kidding you? Qin Feilong asked me to go to a meeting, and there are quite a few people coming this time."

"Then what am I going to do?"

"You are the boss behind the recycling company, so of course you have to listen in. Businessmen should communicate more with the government. If you go there now and make some friends, everything will be easier for you in the future. You can also listen to the inside scoop..."

Upon hearing this, Chen Xi also nodded.

It will be helpful to listen to Xinlu’s real-time updates.

Xinlu City official office building.

"Congratulations, Mr. Chen, for achieving great success in both career and love."

"When is the wedding?"

"Haha, it's almost there, it's almost there, I have to be there when the time comes."

Chen Yifeng greeted each boss in high spirits.

Zheng Wanlong beside him looked at him with envy.

Xu Song's father, Xu Fu, stood by and chatted with Chen Shubao with a smile. The two decided to jointly develop a new project.

"Hey, isn't this Mr. Shi and Mr. Yang? You are so busy and you still have time to attend this small meeting." Suddenly, Chen Yifeng stretched out his hand and waved towards a place not far away.

Shi Danai and Yang Dingtian were walking towards the conference room.

"No matter how busy you are, you have to come and see the leader. Otherwise, someone will do something bad and slander us to the leader. Then there will be no place for us foreign businessmen to stay in Xinlu in the future." Shi Danai replied sarcastically.

"That's right. Some people always rely on their status as locals to monopolize certain businesses and exclude outsiders. Tsk tsk tsk!" Yang Dingtian took the opportunity to help.

"Haha, look at what you said. Some people come to Xinlu to do business and are not familiar with the rules here. They can't do anything too much. After all, it's not their own land. They can do whatever they want. Don't you agree?"

Chen Yifeng laughed.

"That's right, Mr. Chen is right, every place has its own rules."

"If you can't do business well, then you blame others for squeezing you out. That's not ability."

Chen Yifeng's men also came forward to help.

"You must be Mr. Chen, right? I'm from the Xu family of Hengxiao Group. I'm here to do some small development in Xinlu this time. Thank you for your guidance." Suddenly, the tall and thin man standing behind Yang Dingtian and Shi Danai came out, smiled and stretched out his hand to greet Chen Yifeng. (End of this chapter)

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