Reborn Entrepreneurial Giant

"Are you kidding?" Chen Danlin couldn't understand Qu Li's thoughts. Jumei was developing well, but suddenly said that she would give up one of the e-commerce platforms and self-owned brands.

"Listen carefully to my explanation..." Qu Li hugged the helpless Chen Danlin, and confessed his thoughts.

The rapid development of the two brands of Xiangyun and Danlin largely benefited from e-commerce. In addition, according to later statistics: the average annual growth rate of the clothing industry in China was over 20% during 2004-2012. This is also the reason why a bunch of clothing e-commerce companies such as PPG and Vancl Eslite have achieved great development in a short period of time.

So, even if there are other reborn people who do e-commerce and open Taobao stores, if they choose the wrong industry, they may not have the development speed of Qu Li. After 2012, the development speed of the garment industry dropped rapidly to below 10%. Fancl Eslite collapsed, not only because of their own management problems, but also because of 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 the e-commerce platform has to compete with Taobao and Goudong, there is a lot of room for imagination. One or two tens of billions of dollars can be achieved casually. big company. It is not generally difficult for clothing e-commerce companies to reach the level of tens of billions of dollars. Therefore, Lehman Brothers gave Jumei a valuation of 3.25 billion U.S. dollars (before financing), which opened up the imagination of many venture capital investors.

"Can't we develop together?"

"Jumei wants to make a full range of products, including other clothing brands..."

"So, the existence of Xiangyun limits the upper limit of Jumei's development?"

"Well, either downgrade, or find a chance to split..."

"After the split, Jumei's profit margin will be reduced..."

"Amazon in the United States has always maintained a very low profit, but it has maintained a high growth rate. This year's sales will exceed 200 million, next year will be 2 billion, and the year after that will be 20 billion. Someone will pay for our development..."

Goudong’s revenues from 2006 to 2010 were: 0.6, 3.6, 1.3, and 10.2 billion. 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 companies. Will get out of control, Fancl Eslite is a reference object 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 end and use information technology to transform the factory in the future, so it is more valuable."

"Do you want to hand Xiangyun and Danlin over to Danni?"

"no!"

"Why, you don't believe her?"

"I don't have time for her to grow up, and she doesn't deserve it."

"She's my sister, why isn't it worth it?"

"Can you make Lin Bing and Xu Lei listen to you?"

"this……"

"The position can be given by others, but the ability can't. I have said long ago that Danni is a special case. I didn't want to make it big before, but now there are hundreds of people, many of whom joined this team because they believed in me. I can’t let them down, so not a single fly from your family can be brought to the company.” Qu Li said indifferently

"You, I'll 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!

Back at the company, I had a short discussion with a few high-level executives. It’s enough to know this kind of thing in my mind. There will be no problems in future decisions, but in the short term, I need to hide it from investors. When the time is right, I will form a specific plan before a showdown .

Seeing Qu Li's decisiveness, Xu Lei couldn't help secretly rejoicing that he came to Jumei at the right time. People like Qu Li are born entrepreneurs with a keen sense of the market, and can make decisive decisions without being trapped by emotions...

Originally, I wanted to go on a tryst with Zhang Yiwen, but unfortunately, I was planted strawberries, so I could only stay in the company to answer emails from Beijin, and take a look at the A-share market by the way.

The Shanghai Composite Index has reached 4,000 points, and the market has divergences. Some people think that the end is over, some people think that the market outlook can be expected, and there are bricks and beasts shouting on the blog that the bull market is 10,000 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, Qu Li’s previously heavily held Zhongyan Securities has increased by more than 4 times from November last year to the present, and the part of the increased position in March this year has increased by nearly 50%. There are still many such stocks that have increased. Looking at the actual value of about 130 million in the domestic stock account, Qu Li felt particularly comfortable, and it was another drop in international crude oil that affected his mood.

"There is no such thing as an entrepreneurial strength in stocks. You can see how long Jumei has been established, and your net worth exceeds 1.5 billion. If you want to make money through stock trading..."

"So much?" Wang Yunliang, who originally wanted to persuade Qu Li not to waste his time speculating in stocks, turned around and left, which was too embarrassing for him.

Although Wang Yunliang has left, his words remain in Qu Li's heart. His investment in Jumei seems to be several million. Now the inflated valuation exceeds 1.5 billion, and the increase should be more than 100 times, right? When Jumei goes on the market, then...it's terrible...

Thinking of this, Qu Li seemed to wake up in an instant, but it didn't take long before he felt something was wrong. He didn't speculate in stocks, didn't make money, and didn't have cash. How could he have the confidence to deal with capital, let alone set up Glory.

Looking at the Hong Kong stock market, Sino-Ocean’s stock price is about 11 yuan. His cost price is less than 5 yuan, which has doubled. BYD’s stock price has risen from 28 yuan to 50 Hong Kong dollars, which is really good. Even Jiangxi Copper, which was bought with soy sauce at the beginning, has risen by 50%. What is there to be dissatisfied with?

After resting for two days, I finally found a chance to meet Zhang Yiwen. It seems that she has also benefited a lot from this wave of stock market rise, and she feels very refreshed.

Zhaoshang has a new person in charge, and asked someone about Qu Li's situation, and didn't say much, but Zhang Yiwen plans to resign at the end of the year after the two funds he and she are in charge of are settled. It is necessary to make a publicity, otherwise she will not make a big difference when she goes to Xiangcai Securities.

"In the United States, there are Wall Street sky gods, and Chinese women have legendary female stock gods..." Qu Li thought about it, and suddenly felt infinitely beautiful, so the corners of his mouth drooled.

"What are you thinking, being so inattentive with me!"

"I was thinking that in a few months you would become a well-known female stock goddess in the whole country. I don't know how many fans you will have, but I fell in love with their goddess. I'm still very excited to think about it."

"Then why don't you sleep with female celebrities?" Zhang Yiwen was quite happy in his heart. Fame and fortune can often be unified. Even if she leaves Quli after becoming famous, her career will not be bad.

"Uh, forget it, I'm not going to cause harm to my self-sufficiency, who knows if it's a bus if I take the initiative to deliver it to my door, I might as well have a good chat with you when I have that time." Qu Li felt the tactile sensation of her belly without any fat, It's nice and beautiful to be young.