Courtyard: My wife is Wen Li
Chapter 287 Focus 2
He Yuzhu talked about his entrepreneurial experience. Of course, this process is not small, but it is reasonable.
"So Mr. He, why did you go abroad to acquire companies?" the host asked again.
"Because I am a cook!" He Yuzhu said: "The development of Budweiser Group has reached a bottleneck. It is now quite large, but it is indeed difficult to diversify its development because I have no other skills and knowledge. "
“I wasn’t too sure about other businesses, so I thought about acquiring some mature companies.”
“I looked it up and found that Volvo Cars was spun off from the Volvo Group and then sold to Ford Motor Company.”
"With the attitude of giving it a try, I proposed the Bao family. The other party must have discovered problems in the past few years. Volvo cars are not very useful to them."
"They were also interested in selling, so we started negotiations."
"I don't know much about automobile technology. After purchasing it, it is most appropriate to cooperate with domestic car companies. Although I hold the largest share now, I will sell part of it in the future to maintain the balance of Geely Group's shares."
"I like to invest in others. What I value is people. For example, I invested in two friends before, and they did well. Baiwei Group also cooperates with friends."
He Yuzhu stopped, picked up the water and took a sip, and then continued: "The next step is to acquire MGM Film Company. Other acquisitions are based on this. I have experience in this area."
"When I was in China, I invested in a TV series called "Journey to the West" and also invested in a movie. I think I still have some talent in this area."
"It just so happened that MGM was overloaded and new movies were failing, so it was a good time to make an acquisition."
The host then asked: "So after the acquisition was successful, why did you continue to acquire it?"
"To enhance my strength!" He Yuzhu said: "For example, Marvel comics, many of the characters have been made into movies, which provides a lot of material and audiences."
"It's completely possible to produce movies and TV series, so I acquired Marvel, followed by Netflix and NBC, both of which have their own channels."
"After integrating resources, we can form a huge drama production company and be able to produce multiple types of dramas."
"The combined production team can enhance production capabilities and carry out multiple projects at the same time. The newly established video website can be effectively promoted, and some masterpieces can be broadcast on TV websites."
The host nodded slightly and said, "Their production method here is different from ours. Do you think we can learn from it?"
"There are some things we can learn from, but we definitely can't copy them completely. For example, our dramas are all released together after filming, while here they air them weekly." He Yuzhu said: "The direction of the dramas is determined based on the ratings."
"Some popular dramas were well-produced at the beginning, but at the end, they often ended hastily. It was because the ratings dropped in the later period that they were cut off, and they could only end hastily."
"They are completely aligned with interests."
The host changed the topic and asked: "Your industry is so big, but your two sons cannot participate in the management. What do you think about this?"
"I don't have any ideas. If they don't participate, they won't participate. This is what I want to leave to them, and it is not suitable for their own pursuits." He Yuzhu smiled, "My education for children is to respect their choices, such as career and I am not involved in the marriage aspect."
"Besides, I also have grandchildren now. They are growing up. Maybe they are willing to come over and run the business?"
“Now I can still run around, and when I get tired, it’s completely up to them.”
"How does Mr. He educate his children?" the host asked again.
"I won't teach them, I will just set an example for them. Children don't need to be taught. What parents need is to set an example for them." He Yuzhu said: "As a parent, you must always maintain a learning attitude. It’s like I’m constantly working on the recipe.”
"Your words and deeds show the importance of learning, and they will imitate only if they know how to do it. Children's nature is to imitate."
"On this basis, they choose their own careers, not their parents' arrangements. If they are not interested in work, they may not be able to do a good job."
"So do you like cooking?" the host asked.
"I like it. If I am at home now, I will prepare three meals a day. This habit has been maintained to this day." He Yuzhu said: "That is to say, the competition here is more intense, so I need to come and keep an eye on it." , after the previous projects are successful, I won’t need to come here all the time.”
"Of course, I will not always fully own the group here. This is difficult in a capital country."
"When the group develops and the valuation increases, I will gradually list the subsidiaries. By then, my shareholding ratio will continue to decrease."
The host continued to ask, "Will the domestic Baiwei Group also be listed?"
"No!" He Yuzhu shook his head and said: "The Baiwei Group is different. As a food group, we need to ensure food safety. We invest a lot in this area. If once it is listed and capital is allowed to join it, then in order to pursue interests, it is very likely that Abandon rigorous safety testing.”
"I'm not going to give up safety for capital profit, and I'm not going to give up taste for profit, etc."
“I know a little more about capital now.”
The host blinked and glanced in the direction of the director. The director nodded and then asked again: "So are you a capitalist?"
"Yes and no!" He Yuzhu said: "I do occupy the means of production now, but I am following the country's policy and becoming part of the people who got rich first."
"There is a watershed here, and that is whether you are willing to bring others with you to become rich."
"Capitalists will not allow others to be as rich as themselves. Of course, it is very difficult to do this. After all, you can't use your own money to distribute it, right?"
"We have divided our development into stages, and we cannot be even if we are not productive enough."
"Now we are just in the early stages, so I take one-third of the profit and share it with my workers."
"Before Baiwei Group established you, my workers' wages were the highest and the benefits were the best, and that's still the case now."
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