Reborn Entrepreneurial Giant.
Chapter 105: Phased Giving Up
Chapter 105: Phased Giving Up
"Are you kidding me?" Chen Danlin couldn't understand Qu Li's thoughts. Jumei was developing well, but suddenly she said she wanted to give up one of her e-commerce platforms and self-operated brands.
"Listen carefully to my explanation..." Qu Li held Chen Danlin, who was naked, and told her all her thoughts.
The rapid development of the two major brands Xiangyun and Danlin is largely due to e-commerce. In addition, according to later statistics: the average annual growth rate of the Zhongguo clothing industry during 2004-2012 was more than 20%.This is also the reason why a number of clothing e-commerce companies such as PPG and Vancl Eslite have achieved tremendous development in a short period of time.
Therefore, even if there are other reborn people who start e-commerce and open Taobao stores, if they choose the wrong industry, they may not be able to develop as fast as Qu Li. After 2012, the development rate of the apparel industry dropped rapidly to less than 10%.The collapse of Vancl Eslite was not only due to their own management problems, but also to changes in the industry environment.
But at the same time, the development speed of domestic e-commerce far exceeds that of the clothing industry. Although e-commerce platforms have to compete with Taobao and Goudong, there is a lot of room for imagination. One or two companies can easily achieve tens of billions of dollars. level of large companies.For clothing e-commerce companies to reach tens of billions of dollars, it is not that difficult. Therefore, Lehman Brothers gave Jumei a valuation of US$3.25 million (before financing), which opened up the imagination of many venture capital investors.
"Can't we develop together?"
"Jumei wants to develop all categories, including other clothing brands..."
"So, the existence of Xiangyun limits Jumei's development limit?"
"Well, either downgrade or find an opportunity to split..."
"Jumei's profit margin will decrease after being decomposable..."
"Amazon in the United States has always maintained very low profits, but maintained a high growth rate. This year's sales exceeded 2 million, next year 20 billion, and the year after that 200 billion. Someone will pay for our development..."
Goudong’s revenue from 2006 to 2010 were: 0.6, 3.6, 13, and 102 billion respectively. E-commerce can do it, but clothing e-commerce has almost no such possibility. There is an upper limit to the development speed of manufacturing enterprises. If it exceeds Will lose control, Vancl Eslite is a reference worthy of worship.
"what do you want to do?"
"I don't know. Jumei has greater potential and is more valuable, but Xiangyun and Danlin can directly contact the production side and can use informatization to transform the factory in the future, so it is more valuable."
"How about leaving Xiangyun and Danlin in charge of Dany?"
"no!"
"Why don't you believe her?"
"I don't have time to wait for her to grow up, and she doesn't deserve it."
"She's my sister, why isn't she worthy?"
"Can you make Lin Bing and Xu Lei listen to you?"
"This……"
"Positions can be given by others, but abilities cannot. I have said before that Dani is a special case. I didn't want to make it big before, but now there are hundreds of people, many of whom have joined this team because they believe in me. I can’t let our company down, so I won’t let you bring a fly to the company in the future.” Qu Li said coldly.
"You, I will bite you to death." Chen Danlin was furious when she heard this.
"Shut up, witch..."
"Impossible, absolutely impossible..." Cao Cao's famous scene appeared
Not surprisingly, Qu Li was defeated in the end, but he still held on to the bottom line!
I returned to the company and had a brief discussion with several senior executives. It is enough to have a clear understanding of this kind of thing. There will be no problems in future decisions. However, in the short term, I need to hide it from investors and wait until the time is ripe to formulate a specific plan before the showdown. .
Seeing Qu Li being so decisive, Xu Lei couldn't help but secretly feel lucky that he had come to Jumei at the right time. People like Qu Li were born entrepreneurs, with a keen sense of the market, the ability to make decisive decisions without being trapped by emotions...
I originally wanted to have a tryst with Zhang Yiwen, but unfortunately, I was so planted that I could only stay in the company to answer emails from Beijin and take a look at the A-share market.
The Shanghai Composite Index has reached 4000 points, and there are differences in the market. Some people think it’s over, others think the market outlook is promising, and some pundits are shouting on their blogs that the bull market is [-] points.However, it is an indisputable fact that the number of brokerage accounts has skyrocketed, and the wealth-creating effect of the stock market is too obvious.
For example, Zhongyan Securities, which Qu Li previously held a heavy position in, has increased more than four times since November last year, and the part he added to the position in March this year has increased by nearly 11%. There are still many such stocks to rise.Seeing that the actual value of the domestic stock account was about 4 million, Qu Li felt particularly comfortable, and another drop in international crude oil affected his mood.
"How can stock trading be as strong as entrepreneurship? Look at how long Jumei has been established, and your net worth exceeds 15 billion. If you want to make money through stock trading..."
"So much?" Wang Yunliang, who originally wanted to persuade Qu Li not to waste time investing in stocks, turned around and left. This was so outrageous.
Although Wang Yunliang left, his words remained in Qu Li's heart. His investment in Jumei seemed to be only a few million. Now the artificially high valuation exceeds 15 billion, and the increase should be more than a hundred times, right?When Jumei goes public, it will be... incredible...
After thinking about this, Qu Li seemed to wake up instantly, but it didn't take long for him to feel that something was wrong. He didn't trade in stocks, make money, or have cash. How could he have the confidence to deal with capital, let alone establish Glory.
Open the Hong Kong stock market and take a look. The share price of COSCO Group is about 11 yuan. Its cost price is less than 5 yuan, which has doubled. BYD's share price has risen from 28 yuan to 50 Hong Kong dollars, which is really good.Even Jiangxi Copper, which I originally bought as a soy sauce, has risen by 50%. What else is there to be dissatisfied with?
After two days of rest, I finally found the opportunity to meet Zhang Yiwen. It seemed that she had also benefited a lot from the rise in the stock market and was feeling very comfortable. Qu Li had benefited a lot from this. It was like killing two birds with one stone.
There was a new person in charge of Zhaoshang, and they asked someone about Qu Li's situation. He didn't say much, but Zhang Yiwen planned to resign at the end of the year after the two funds he and she were responsible for were settled. Of course, this was indispensable. She needs to create publicity, otherwise she won't be able to achieve much if she goes to Xiangcai Securities.
"The United States has a Wall Street god, and China has a legendary female stock goddess..." Qu Li thought about it, and suddenly felt so wonderful that his mouth watered.
"What are you thinking about? You are so unfocused when you are with me!"
"I was thinking that in a few months you would become a well-known female stock goddess across the country. I don't know how many fans you would have, but I slept with their goddess. I'm quite excited to think about it."
"Then why don't you sleep with female celebrities?" Zhang Yiwen was still very happy. Fame and fortune can often be unified. Even if she leaves Qu Li after becoming famous, her career will not be bad.
"Well, forget it, I can't cause trouble when I'm so clean. Who knows if the person who came to your door was a bus? I might as well have a good chat with you if I have that time." Qu Li felt the touch of his belly without any fat. It’s so good and beautiful to be young.
"Are you kidding me?" Chen Danlin couldn't understand Qu Li's thoughts. Jumei was developing well, but suddenly she said she wanted to give up one of her e-commerce platforms and self-operated brands.
"Listen carefully to my explanation..." Qu Li held Chen Danlin, who was naked, and told her all her thoughts.
The rapid development of the two major brands Xiangyun and Danlin is largely due to e-commerce. In addition, according to later statistics: the average annual growth rate of the Zhongguo clothing industry during 2004-2012 was more than 20%.This is also the reason why a number of clothing e-commerce companies such as PPG and Vancl Eslite have achieved tremendous development in a short period of time.
Therefore, even if there are other reborn people who start e-commerce and open Taobao stores, if they choose the wrong industry, they may not be able to develop as fast as Qu Li. After 2012, the development rate of the apparel industry dropped rapidly to less than 10%.The collapse of Vancl Eslite was not only due to their own management problems, but also to changes in the industry environment.
But at the same time, the development speed of domestic e-commerce far exceeds that of the clothing industry. Although e-commerce platforms have to compete with Taobao and Goudong, there is a lot of room for imagination. One or two companies can easily achieve tens of billions of dollars. level of large companies.For clothing e-commerce companies to reach tens of billions of dollars, it is not that difficult. Therefore, Lehman Brothers gave Jumei a valuation of US$3.25 million (before financing), which opened up the imagination of many venture capital investors.
"Can't we develop together?"
"Jumei wants to develop all categories, including other clothing brands..."
"So, the existence of Xiangyun limits Jumei's development limit?"
"Well, either downgrade or find an opportunity to split..."
"Jumei's profit margin will decrease after being decomposable..."
"Amazon in the United States has always maintained very low profits, but maintained a high growth rate. This year's sales exceeded 2 million, next year 20 billion, and the year after that 200 billion. Someone will pay for our development..."
Goudong’s revenue from 2006 to 2010 were: 0.6, 3.6, 13, and 102 billion respectively. E-commerce can do it, but clothing e-commerce has almost no such possibility. There is an upper limit to the development speed of manufacturing enterprises. If it exceeds Will lose control, Vancl Eslite is a reference worthy of worship.
"what do you want to do?"
"I don't know. Jumei has greater potential and is more valuable, but Xiangyun and Danlin can directly contact the production side and can use informatization to transform the factory in the future, so it is more valuable."
"How about leaving Xiangyun and Danlin in charge of Dany?"
"no!"
"Why don't you believe her?"
"I don't have time to wait for her to grow up, and she doesn't deserve it."
"She's my sister, why isn't she worthy?"
"Can you make Lin Bing and Xu Lei listen to you?"
"This……"
"Positions can be given by others, but abilities cannot. I have said before that Dani is a special case. I didn't want to make it big before, but now there are hundreds of people, many of whom have joined this team because they believe in me. I can’t let our company down, so I won’t let you bring a fly to the company in the future.” Qu Li said coldly.
"You, I will bite you to death." Chen Danlin was furious when she heard this.
"Shut up, witch..."
"Impossible, absolutely impossible..." Cao Cao's famous scene appeared
Not surprisingly, Qu Li was defeated in the end, but he still held on to the bottom line!
I returned to the company and had a brief discussion with several senior executives. It is enough to have a clear understanding of this kind of thing. There will be no problems in future decisions. However, in the short term, I need to hide it from investors and wait until the time is ripe to formulate a specific plan before the showdown. .
Seeing Qu Li being so decisive, Xu Lei couldn't help but secretly feel lucky that he had come to Jumei at the right time. People like Qu Li were born entrepreneurs, with a keen sense of the market, the ability to make decisive decisions without being trapped by emotions...
I originally wanted to have a tryst with Zhang Yiwen, but unfortunately, I was so planted that I could only stay in the company to answer emails from Beijin and take a look at the A-share market.
The Shanghai Composite Index has reached 4000 points, and there are differences in the market. Some people think it’s over, others think the market outlook is promising, and some pundits are shouting on their blogs that the bull market is [-] points.However, it is an indisputable fact that the number of brokerage accounts has skyrocketed, and the wealth-creating effect of the stock market is too obvious.
For example, Zhongyan Securities, which Qu Li previously held a heavy position in, has increased more than four times since November last year, and the part he added to the position in March this year has increased by nearly 11%. There are still many such stocks to rise.Seeing that the actual value of the domestic stock account was about 4 million, Qu Li felt particularly comfortable, and another drop in international crude oil affected his mood.
"How can stock trading be as strong as entrepreneurship? Look at how long Jumei has been established, and your net worth exceeds 15 billion. If you want to make money through stock trading..."
"So much?" Wang Yunliang, who originally wanted to persuade Qu Li not to waste time investing in stocks, turned around and left. This was so outrageous.
Although Wang Yunliang left, his words remained in Qu Li's heart. His investment in Jumei seemed to be only a few million. Now the artificially high valuation exceeds 15 billion, and the increase should be more than a hundred times, right?When Jumei goes public, it will be... incredible...
After thinking about this, Qu Li seemed to wake up instantly, but it didn't take long for him to feel that something was wrong. He didn't trade in stocks, make money, or have cash. How could he have the confidence to deal with capital, let alone establish Glory.
Open the Hong Kong stock market and take a look. The share price of COSCO Group is about 11 yuan. Its cost price is less than 5 yuan, which has doubled. BYD's share price has risen from 28 yuan to 50 Hong Kong dollars, which is really good.Even Jiangxi Copper, which I originally bought as a soy sauce, has risen by 50%. What else is there to be dissatisfied with?
After two days of rest, I finally found the opportunity to meet Zhang Yiwen. It seemed that she had also benefited a lot from the rise in the stock market and was feeling very comfortable. Qu Li had benefited a lot from this. It was like killing two birds with one stone.
There was a new person in charge of Zhaoshang, and they asked someone about Qu Li's situation. He didn't say much, but Zhang Yiwen planned to resign at the end of the year after the two funds he and she were responsible for were settled. Of course, this was indispensable. She needs to create publicity, otherwise she won't be able to achieve much if she goes to Xiangcai Securities.
"The United States has a Wall Street god, and China has a legendary female stock goddess..." Qu Li thought about it, and suddenly felt so wonderful that his mouth watered.
"What are you thinking about? You are so unfocused when you are with me!"
"I was thinking that in a few months you would become a well-known female stock goddess across the country. I don't know how many fans you would have, but I slept with their goddess. I'm quite excited to think about it."
"Then why don't you sleep with female celebrities?" Zhang Yiwen was still very happy. Fame and fortune can often be unified. Even if she leaves Qu Li after becoming famous, her career will not be bad.
"Well, forget it, I can't cause trouble when I'm so clean. Who knows if the person who came to your door was a bus? I might as well have a good chat with you if I have that time." Qu Li felt the touch of his belly without any fat. It’s so good and beautiful to be young.
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