Rebirth: Don't miss the good girls, don't waste the bad girls

Although the company's bankruptcy does not mean that Xu Guangyao will go bankrupt personally, this company is the result of his half-life's hard work after all, and he does not want to see it destroyed in his own hands.

“Is it really still the automobile industry?”

Chen Wenjie was stunned when he heard this, and then thought secretly in his heart.

There is indeed no problem for Uncle Xu's company to develop into the automotive industry, as it has a strong industrial foundation.

However, he took too big a step back then and brought in too much capital, which resulted in his equity and voice being continuously diluted. In the end, he was kicked out of the board of directors and completely handed his company over to others.

In the end, he chose to sell his shares directly, cashed out a large sum of money, and eventually left the startup company completely. Later, he started a few small businesses, with some profits and some losses. Later, as he got older, he no longer had the energy to make trouble, and eventually his family immigrated overseas.

"Longguo is a country with a large population. Our automobile market is far from being saturated, and there is great potential for development in the automobile market."

"But Uncle Xu, does your company have 30 billion or 50 billion in start-up capital?"

"If we can't afford 30 or 50 billion, 10 or 20 billion will do."

Chen Wenjie asked.

"Wenjie, don't you know much about the automotive industry?"

"Generally, a car company will invest about 300 to 400 people in the development of its first car, and a few billion yuan in R&D funding will be enough, and it may not even exceed 2 billion yuan."

"There is 1.5 billion in my company's account now. Even if it's not enough, it probably won't be much different. Besides, making a car is not something that can be completed overnight."

"During this period, my company will continue to make profits. Once the first car is successfully manufactured, I will introduce production lines, purchase various patents, and finally start mass production."

When Xu Guangyao heard Chen Wenjie's words, he was stunned for a moment, then he explained to Chen Wenjie with a smile.

He was a little desperate. Chen Wenjie was indeed a genius, but it was normal for him not to know the development prospects of an industry he had never been exposed to before.

"Hehehe."

"Uncle Xu, I know everything you said."

"But you also said that this is just generally speaking. If your investment is only this much, then I dare to assert that your car manufacturing project will be like the general car companies, lost in the crowd, and then die out one day."

"The automobile industry is a mature industry. If you want to get a piece of the existing automobile market, you must show the momentum of a fierce dragon crossing the river. If you follow others and invest 300 to 500 million yuan to make a small splash, you are destined to not make any waves."

"ten times!"

"In my opinion, if you want to gain a foothold in the automotive market, you must invest ten times more than the average car manufacturer, invest 3,000 to 5,000 R&D personnel, invest 30 to 50 billion yuan, and then continue to build momentum for yourself. Only then will you be able to succeed."

"If you don't have this money, it's best not to touch the automotive industry, or not to touch vehicle production, but to invest in the research and development of certain automotive parts to gain a certain social status."

"Then improve piece by piece, until your group has mastered most of the patented technologies for car manufacturing and has been recognized by the industry and society, and finally announce the car manufacturing in one go. At that time, the investment cost will be lower, but the possibility of success will be greater."

"But this may require the efforts of two or three generations. It would be difficult for you, Uncle Xu, to do it alone."

Chen Wenjie smiled and spoke.

"Thirty to fifty billion, this is really an astronomical figure!"

"I need to bet the entire Longyao Group to have a chance to break through the siege in the automobile market, and there is no guarantee of success. The risk is too great. I don't think other company directors and shareholders will agree to it."

"Building cars is my ultimate dream. After hearing what you said today, I realized that we took it for granted."

"We're thinking about how to find the car, and you're thinking about how to sell it."

"It is very difficult to carve out a niche in the increasingly mature auto market without sufficient cash flow."

Xu Guangyao thought that Chen Wenjie did not quite understand the input and output of the automotive industry, but it turned out that he was too narrow-minded.

He was still thinking about how to build a car, but Chen Wenjie directly thought about selling the car.

Yes, he can build a car with the money he has, but how should he sell it next?

I'm afraid it's just like other niche cars. It sells well in some areas, but cannot open up the national market, or even its own region doesn't buy it, and finally it becomes lost in the crowd.

"Yes, the automotive industry must either innovate, not just make small improvements, but have many remarkable improvements, or integrate resources, obtain the most advanced patent resources, assemble cars, build a reputation, and create a brand."

"After I get the first sum of money, I can gradually conduct independent research and development, or like my milk tea business, I can control the upstream and downstream and achieve high profits."

"But this is difficult, because the top patents of any car cannot be sold to a competitor, which will also make our assembled cars neither good nor bad, neither fish nor fowl."

Chen Wenjie put forward several suggestions, but in fact they are not particularly practical. In short, there are pros and cons.

If you want to build a car, you can’t do it without money.

But even if you have money, it is not certain that you will succeed.

There are also some car companies that have invested over 100 billion yuan but only sold more than 1,000 cars.

How do we know that Longyao Group is not such a chosen one?

Chen Wenjie remembered that after Uncle Xu left Longyao Group, the remaining people who built cars were not successful, which led to the bankruptcy and liquidation of Longyao Group.

Because Uncle Xu cashed out early, he was able to retire with honor. This is truly the wheel of karma.

So if Xu Guangyao still follows the ideas of his previous life, even if Chen Wenjie reminds him, he will not be kicked out of the founding group, but his fate may be even worse than in his previous life.

"Uh-huh."

"Wenjie, you are right. I will seriously consider it."

Xu Guangyao nodded continuously upon hearing this. He felt that today's graduation banquet was very successful, especially Chen Wenjie's words, which directly woke him up from his confused state.

He has been drugged too much by some people on the board of directors recently and has become a little over the top.

Now it seems that if he really gets carried away and starts making cars, he is bound to lose everything. Even if Longyao Group can survive in the end, it will have to make drastic measures to survive.

"In fact, there is still room for development in the three major industries of health, elderly care and environmental protection. You don't have to invest too much money. You can start small and invest in one aspect, and then continue to accumulate brand reputation and capital."

"As for making cars, we have to take it step by step."

Chen Wenjie gave Xu Guangyao some suggestions on entrepreneurial projects. As for whether he would listen to them or not, that was up to them.

With 1.5 billion yuan in the account, he can make some money in these three industries. Even if he doesn't make a fortune, at least the risk is not that high.

Now for Xu Guangyao, seeking progress while maintaining stability is the best way to start a business. After all, he has been very successful. It would be a pity if he were to open up a new track and end up losing all his money.

"In fact, my company also has the idea of ​​doing environmental protection projects, but the demand for making cars is higher. However, after hearing what you said today, my passion for making cars has been completely extinguished."

Xu Guangyao smiled and shook his head helplessly.