Reborn Entrepreneurial Giant.
Chapter 118
Chapter 118 Brother-in-law
In order to become Xiangyun's logo, Chen Danni signed up for another ballet class. She is already 20 years old, so it is much more difficult to learn ballet, but if she is happy, let her go.Women sometimes become cruel, and Qu Li feels ashamed.
Chen Danlin probably didn't find anything when she came back. Besides, the three of them didn't have much time to eat together. Which entrepreneur gets off work at 5 p.m. Qu Li often leaves after 10 p.m.
The most troublesome thing about having more women is that there is not enough time. Qu Li is under a lot of pressure and always needs to vent. His recovery ability is amazing at a young age. Although there is no sudden improvement, Chen Danni is always in a good mood when she sees Qu Li and her sister making out when they live together. It's uncomfortable, and it affects Qu Li...
These little troubles will obviously not stop Qu Li from moving forward. Coconut shoes need to enhance their fashion sense, improve their technical content, register patents, establish a stable supply chain for long-term cooperation, and ensure quality. There are many things to do.
To put it bluntly, the field of sports shoes is deeply involved. Peak has developed state-of-the-art materials, and sales have skyrocketed. Investment in technology research and development has gradually become the basis. This has allowed Qu Li to avoid many detours. It is now the early stage of entrepreneurship, and he still has to subsidize the Jumei platform. R&D investment is limited. Before the separation, R&D investment would probably be fixed at 1% of revenue.
It’s already a lot. Ten years later, the domestic leader Li Ning’s R&D investment was less than 2%. Big brands such as Anta did not invest more than 5%. Adidas Nike’s long-term R&D investment was 5 to 10%.
The high proportion of R&D investment by foreign companies doesn't mean anything. Maybe it's because the financial statistics are different, maybe it's because their profits are high, maybe our companies have more talents, are cheaper, are smarter than Waiguoren, and have higher R&D efficiency...
Take a look, just think about it, you can find countless reasons, just like Qu Li set a 1% R&D investment for Xiangyun, he feels that he is very conscientious. After all, Xiangyun coconut shoes only sell for 99 US dollars, which is very cost-effective, right? !As for the coconut shoes that cost 29.9 yuan a pair in China, they were also called shoes. Qu Li looked at them with disdain and pretended to be nonchalant.
Qu Li has come up with numerous promotional versions. The venture capitalists disliked Jumei’s high R&D investment, so they forced Qu Li to study abroad and go public in advance. This is the price of the game between capital and start-ups...
The phone rang, which brought the giggling Qu Li back to his senses. He saw that it was actually a call from the United States.
"Has Twitter raised funds? Oh, okay, I'll rush there right away. Jumei's products need a lot of exposure and publicity channels if they want to enter the US market. Twitter is very good."
"You want to invest with me, but Yahoo isn't going to acquire Twitter?"
Qu Li received a call from Yang Zhiyuan. He took over as CEO of Yahoo last month and was preparing to make a big move. However, thinking of Qu Li, he still contacted Twitter. As for why he was not prepared to acquire this start-up, who knows, maybe because of watching Not on the founding team.In fact, Qu Li looked down on them through the news of later generations, but who said this was the United States. He couldn't go to the United States to start a business. Isn't that too big?
After hanging up the phone, I still need to arrange some things before going to the United States, and also consider which channels they will use to sell their sneakers and T-shirts.At this time, Amazon has not yet opened a global seller, which means that they can only set up a subsidiary in the United States before selling goods, or go to eBay, but the logistics and express delivery still need to be handled by themselves.
"This time I am going to the United States to set up a branch. What do you want to say?"
"Should we arrange for someone to come from China?"
"I haven't figured out how to run the US branch yet. Do we have anyone who understands US law and accounting?"
"..." No one said anything. It is said that there are hundreds of thousands of lawyers in the country, but there seem to be only a few thousand foreign-related lawyers. Jumei does not have the ability to attract people.
As for the elites who can help them with international tax avoidance, they think too much and know at most a few tax avoidance templates, such as Google's Irish Dutch sandwich model. Sorry, Qu Li also knows this method, but he doesn't dare to use it in Europe and the United States.
Qu Li asked several questions in a row. Jumei's team was really bad and couldn't help with anything. It was better to go to the United States to recruit people. It was simple, convenient and fast.
"The main purpose of recruiting a few high-quality talents who understand foreign trade in China is the United States."
"I will recruit people as soon as possible." Xu Xiaoqin joined Jumei, a small company, thinking she could take care of her children, but reality hit her hard in the face.
Then we discussed with everyone the construction of the US branch website and the choice of name. The pinyin name of Jumei is not suitable for going overseas.
"How about we use the brand name, darling means dear, cute, and we use the pinyin of danlin, which should be acceptable to domestic and foreign consumers."
Well, actually Qu Li has already decided that the discussion is just a show.
"It's a good name, and the pronunciation at home and abroad is similar."
Seeing that there was no objection, Qu Li happily decided on the domain name of the US branch's self-operated website. As for the domain name protection, it goes without saying that unless someone has registered it, he will get it.For example, WeChat, Weibo, Micropayment, Weiwei Smile...
After the meeting, I went out and saw my brother-in-law Chen Ke, who was serving tea and water. He went to Yangcheng to work during the summer to earn living expenses. Although Qu Li did not allow Chen Danlin’s family and relatives to work in Jumei, temporary workers did not count. This was considered Chen Danlin and His little contest.
"Chen Ke, are you studying computer software and programming?" Qu Li called Chen Ke over.
"Yes..." Chen Ke introduced his major. His air ticket to Yangcheng was reimbursed by Chen Danlin, so he could make some money by working part-time.
"Why don't you go to the information department?"
"My ability is not enough..." Chen Ke said awkwardly
"So do you like programming, or do you think you have a talent in this area?"
"I didn't understand before, but I learned quickly. I should have this talent." Chen Ke knew that Qu Li liked to speak directly when he had something to say and didn't like to beat around the bush.
"Then do you know that a person's learning ability will decrease with age? Do you know that it is difficult for scientists after the age of 50 to produce results? 35-year-old programmers are on the verge of being eliminated by large factories in China..."
"what……"
"I didn't understand any of this."
"Now that I know, what are your thoughts?"
"I……"
"Do you think serving tea, pouring water, sweeping the floor, printing, and repairing computers can improve your abilities?"
"cannot!"
"Then why don't you invest your precious time in more meaningful learning? When you are tired from studying, why not go traveling and completely relax your tense brain?"
"I, I have no money."
After hearing this, Qu Li wanted to pay, but he took out his bank card and saw that it was a credit card. He was quite embarrassed; "I don't have any money either!"
"Haha~~" Chen Ke couldn't help but laugh.
"Why are you laughing? Women don't have any good things."
"I'll go back and tell..."
"Except Chen Danlin!" Qu Li immediately changed his mind
Why should a man embarrass a man? The two joked for a while and returned to business.
"Well, you should have heard of venture capital. I will be your investor and we will work on a small project together. Any losses will be mine, and the profits will be shared by everyone." Qu Li wanted to drive Chen Ke out of Jumei. It is inevitable to guard against the slightest change. What if Jumei changes her surname one day?
"What project?" Chen Ke didn't ask why he was looking for him. It was unclear.
"Developing a sandbox game..."
"It's not difficult, right?" Chen Ke felt that the game was unreliable when he heard it.
"Of course it's not big. It can be completed by one person." Qu Li smiled. The original version of "Minecraft" was developed by one person!
In order to become Xiangyun's logo, Chen Danni signed up for another ballet class. She is already 20 years old, so it is much more difficult to learn ballet, but if she is happy, let her go.Women sometimes become cruel, and Qu Li feels ashamed.
Chen Danlin probably didn't find anything when she came back. Besides, the three of them didn't have much time to eat together. Which entrepreneur gets off work at 5 p.m. Qu Li often leaves after 10 p.m.
The most troublesome thing about having more women is that there is not enough time. Qu Li is under a lot of pressure and always needs to vent. His recovery ability is amazing at a young age. Although there is no sudden improvement, Chen Danni is always in a good mood when she sees Qu Li and her sister making out when they live together. It's uncomfortable, and it affects Qu Li...
These little troubles will obviously not stop Qu Li from moving forward. Coconut shoes need to enhance their fashion sense, improve their technical content, register patents, establish a stable supply chain for long-term cooperation, and ensure quality. There are many things to do.
To put it bluntly, the field of sports shoes is deeply involved. Peak has developed state-of-the-art materials, and sales have skyrocketed. Investment in technology research and development has gradually become the basis. This has allowed Qu Li to avoid many detours. It is now the early stage of entrepreneurship, and he still has to subsidize the Jumei platform. R&D investment is limited. Before the separation, R&D investment would probably be fixed at 1% of revenue.
It’s already a lot. Ten years later, the domestic leader Li Ning’s R&D investment was less than 2%. Big brands such as Anta did not invest more than 5%. Adidas Nike’s long-term R&D investment was 5 to 10%.
The high proportion of R&D investment by foreign companies doesn't mean anything. Maybe it's because the financial statistics are different, maybe it's because their profits are high, maybe our companies have more talents, are cheaper, are smarter than Waiguoren, and have higher R&D efficiency...
Take a look, just think about it, you can find countless reasons, just like Qu Li set a 1% R&D investment for Xiangyun, he feels that he is very conscientious. After all, Xiangyun coconut shoes only sell for 99 US dollars, which is very cost-effective, right? !As for the coconut shoes that cost 29.9 yuan a pair in China, they were also called shoes. Qu Li looked at them with disdain and pretended to be nonchalant.
Qu Li has come up with numerous promotional versions. The venture capitalists disliked Jumei’s high R&D investment, so they forced Qu Li to study abroad and go public in advance. This is the price of the game between capital and start-ups...
The phone rang, which brought the giggling Qu Li back to his senses. He saw that it was actually a call from the United States.
"Has Twitter raised funds? Oh, okay, I'll rush there right away. Jumei's products need a lot of exposure and publicity channels if they want to enter the US market. Twitter is very good."
"You want to invest with me, but Yahoo isn't going to acquire Twitter?"
Qu Li received a call from Yang Zhiyuan. He took over as CEO of Yahoo last month and was preparing to make a big move. However, thinking of Qu Li, he still contacted Twitter. As for why he was not prepared to acquire this start-up, who knows, maybe because of watching Not on the founding team.In fact, Qu Li looked down on them through the news of later generations, but who said this was the United States. He couldn't go to the United States to start a business. Isn't that too big?
After hanging up the phone, I still need to arrange some things before going to the United States, and also consider which channels they will use to sell their sneakers and T-shirts.At this time, Amazon has not yet opened a global seller, which means that they can only set up a subsidiary in the United States before selling goods, or go to eBay, but the logistics and express delivery still need to be handled by themselves.
"This time I am going to the United States to set up a branch. What do you want to say?"
"Should we arrange for someone to come from China?"
"I haven't figured out how to run the US branch yet. Do we have anyone who understands US law and accounting?"
"..." No one said anything. It is said that there are hundreds of thousands of lawyers in the country, but there seem to be only a few thousand foreign-related lawyers. Jumei does not have the ability to attract people.
As for the elites who can help them with international tax avoidance, they think too much and know at most a few tax avoidance templates, such as Google's Irish Dutch sandwich model. Sorry, Qu Li also knows this method, but he doesn't dare to use it in Europe and the United States.
Qu Li asked several questions in a row. Jumei's team was really bad and couldn't help with anything. It was better to go to the United States to recruit people. It was simple, convenient and fast.
"The main purpose of recruiting a few high-quality talents who understand foreign trade in China is the United States."
"I will recruit people as soon as possible." Xu Xiaoqin joined Jumei, a small company, thinking she could take care of her children, but reality hit her hard in the face.
Then we discussed with everyone the construction of the US branch website and the choice of name. The pinyin name of Jumei is not suitable for going overseas.
"How about we use the brand name, darling means dear, cute, and we use the pinyin of danlin, which should be acceptable to domestic and foreign consumers."
Well, actually Qu Li has already decided that the discussion is just a show.
"It's a good name, and the pronunciation at home and abroad is similar."
Seeing that there was no objection, Qu Li happily decided on the domain name of the US branch's self-operated website. As for the domain name protection, it goes without saying that unless someone has registered it, he will get it.For example, WeChat, Weibo, Micropayment, Weiwei Smile...
After the meeting, I went out and saw my brother-in-law Chen Ke, who was serving tea and water. He went to Yangcheng to work during the summer to earn living expenses. Although Qu Li did not allow Chen Danlin’s family and relatives to work in Jumei, temporary workers did not count. This was considered Chen Danlin and His little contest.
"Chen Ke, are you studying computer software and programming?" Qu Li called Chen Ke over.
"Yes..." Chen Ke introduced his major. His air ticket to Yangcheng was reimbursed by Chen Danlin, so he could make some money by working part-time.
"Why don't you go to the information department?"
"My ability is not enough..." Chen Ke said awkwardly
"So do you like programming, or do you think you have a talent in this area?"
"I didn't understand before, but I learned quickly. I should have this talent." Chen Ke knew that Qu Li liked to speak directly when he had something to say and didn't like to beat around the bush.
"Then do you know that a person's learning ability will decrease with age? Do you know that it is difficult for scientists after the age of 50 to produce results? 35-year-old programmers are on the verge of being eliminated by large factories in China..."
"what……"
"I didn't understand any of this."
"Now that I know, what are your thoughts?"
"I……"
"Do you think serving tea, pouring water, sweeping the floor, printing, and repairing computers can improve your abilities?"
"cannot!"
"Then why don't you invest your precious time in more meaningful learning? When you are tired from studying, why not go traveling and completely relax your tense brain?"
"I, I have no money."
After hearing this, Qu Li wanted to pay, but he took out his bank card and saw that it was a credit card. He was quite embarrassed; "I don't have any money either!"
"Haha~~" Chen Ke couldn't help but laugh.
"Why are you laughing? Women don't have any good things."
"I'll go back and tell..."
"Except Chen Danlin!" Qu Li immediately changed his mind
Why should a man embarrass a man? The two joked for a while and returned to business.
"Well, you should have heard of venture capital. I will be your investor and we will work on a small project together. Any losses will be mine, and the profits will be shared by everyone." Qu Li wanted to drive Chen Ke out of Jumei. It is inevitable to guard against the slightest change. What if Jumei changes her surname one day?
"What project?" Chen Ke didn't ask why he was looking for him. It was unclear.
"Developing a sandbox game..."
"It's not difficult, right?" Chen Ke felt that the game was unreliable when he heard it.
"Of course it's not big. It can be completed by one person." Qu Li smiled. The original version of "Minecraft" was developed by one person!
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