Reborn Entrepreneurial Giant

After leaving Shanghai, my body and bones are even worse. I can no longer hold on to the Liuwei Dihuang Pills. If I continue like this, I have to take the Little Blue Pills. I still have to keep exercising. He practices Xingyi, Tai Chi and Bagua. As for the effect, he can strengthen his body. It's definitely no problem.

After arriving in Beijin, ByteDance still developed. Even with Qu Li's "saturation attack" in Guge and the development of many apps, it still made headlines bigger. Recently, it is said that it has received US$1 billion in investment and its market value exceeds US$10 billion.

Wealth never returns to its hometown like a night walk in brocade. Chen Danni accompanied Qu Li and Chen Danlin to start their own business. She was influenced by it and gained enough confidence. Later, she studied for an MBA and achieved a breakthrough in academic qualifications. Now he is one of the co-founders of ByteDance. Of course, his shareholding is much smaller than that of Zhang Yiyi, which is relatively small among the partners. Now it is less than 5%.

Let's talk about a girl who graduated from high school, doesn't like studying, has a wide range of interests and likes to mess around. Through her own efforts, she has experienced various positions in personnel, administration, marketing and publicity. Now she is the chief operating officer and has a net worth of billions. Why is she unhappy?

"You are not good anymore, or you have been squeezed dry." Chen Danni said unhappily: "I haven't touched you for so long, so I can't behave well..."

Qu Li was so embarrassed that he was sweating. It hurt his self-esteem...

Although he wanted to behave better, women were like wolves in their thirties, and it was really difficult to recharge their batteries.

So I found a topic to chat with Chen Danni, mainly about her journey of growing up in the past two years. She has become so awesome. Now that she has become a rich woman, no one is chasing her?

"Don't worry, I didn't cuckold you..." Chen Danni heard the song and knew what she meant.

"I would like to fall in love, but I am too busy at work and there is no suitable person..." As she spoke, Chen Danni said dissatisfiedly: "I remember you were not like this before, why now..."

"I'm too tired, I didn't perform well..."

"Are you having fun every night lately?"

"No way!"

"You came from Magic City. I didn't hear that you still have a woman in Magic City. Is that true? You and Sissi haven't broken up yet?"

"..." Qu Li wondered how the Magic City was related to Liu Yifei, but Chen Danni was able to guess half of her random guesses. Such luck!

"It must be. Your old relationship has rekindled. When I saw her, I blushed and my heart skipped a beat. Only you can hold her down!" Chen Danni, she has grown up and knows the art of speaking.

Qu Li lives in Chen Danni's house and can only leave after recuperating and satisfying her, otherwise she will find another man. Qu Li, who is indecisive about relationships and women, really does not dare to take this risk, so he is very obedient.

At this time, Sanjay Jia and others once again mentioned the establishment of a drug factory in India. The markets of the United States, Japan and South Korea were blocked, and they must find ways to make up for it. The South American economy is more developed than South Asia, so it has a higher priority.

The shortcomings of South America are obvious, that is, the exchange rate is unstable, the currency often depreciates, and the market environment is complex. However, Sanjay Jia was the CEO of Motorola before. This old American company has developed well in the South American market, with influence and relationships. Still there.

In addition, Qu Li went to Brazil to watch the World Cup, and later the official went to a meeting. Lei Jun and Sanjay Jia went to Brazil many times to discuss cooperation. They worked hard from top to bottom and successfully entered the South American market, just like Samsung, LG, Sony and other companies. , CKD (Completely Knocked Down Assembly) is done locally.

There are still problems, mainly safety issues. More than 40 employees of the Chrysanthemum Factory were robbed by armed robbers in Brazil this year, and the cargo loss rate was as high as 3.6%. The express delivery loss rate ranked seventh in the world. It is conceivable how big the local security problem is. How many domestic employees are willing to risk their lives to develop overseas markets?

Therefore, it is necessary to train local professional managers, and additional security costs are required. However, the company's internal compliance system limits the company's flexibility, and various factors restrict their development in South America.

Qu Li's approach is a two-pronged approach. He first hires Waiguo Keren with a high salary to develop the market, and then trains veterans at home to do sales in South America. Because of security needs, most of the security company employees who can be trusted for long-term cooperation should be Chinese...

Originally, he planned to use Futukang as OEM, but Mr. Biadi Wang had a long-term plan and planned to go to Brazil to sell cars in the future, so he built the OEM factory in advance, just like the boatman who bought the lithium mine early, laying out the layout in advance.

In Qu Li’s view, Honor’s development in South America is very difficult, but no matter how difficult it is, it is still developing better than Apple, but still not as good as Samsung and Motorola.

However, Honor is not only exported to Brazil in South America, but also to zero-tariff and low-tariff countries such as Chile. It exports directly. Businessmen in neighboring countries import large quantities from Honor's local agent channels and sell them through abnormal channels. It's like someone buying a Hong Kong version of iPhone from Hong Kong...

All in all, the South American market is very complex and requires strong and capable managers to carefully sort out the local market environment and build an efficient international team.

There are ways to solve the South American problem, but there is almost no solution to the problem in South Asia, so we can only fight hard. In addition to raising tariffs, India has repeatedly invited Honor to build factories there, and they were even more happy to know that Honor’s vice president is an Indian.

Multinational companies around the world are looking at the Indian drug market. Population and economy are the main reasons. Even if India has only a middle class of 100 million, it is still a huge market. However, the internationalization of Chinese companies is developing too slowly. Not to mention the markets of developed countries, Southeast Asia is given priority. How to choose between South America and South Asia? Printing poison will at least keep your male employees safe.

The market share of smart phones priced at more than 20,000 rupees is about 20%. In 2016, about 100 million smartphones were sold. The average price of Honor mobile phones is about 450 US dollars and about 30,000 rupees, which covers these 20 million mobile phones. market size.

iPhones become more expensive the more you buy them, probably over 50,000 rupees. Their market share is too low, so they will be cautious when entering the Indian market. But Honor has almost no choice. Samsung has a very high market share in India. Even if it is a fire pit, it has to jump out of it.

Assume that Honor sells 10 million mobile phones in India a year, with an average price of US$400. Even if the profit margin decreases to only 10% in the future, one mobile phone earns US$40 per 10 million units, which is a net profit of approximately US$400 million.

Honor is not a cheap and cost-effective mobile phone. It is impossible to make friends without making money. Besides, they use the foundry model and rely on local partners to build sales channels and reduce the overall investment in India. Is this okay? Sanjay Jha and others continued to persuade.

"Now that you have thought about it, as long as you can control the risks, then go ahead." Qu Li nodded in agreement.

Last year, Modi visited China, and Ma Yun even went to see him, but he was the only one who couldn't go. This year, Ahri invested heavily in Indian poisoning, but he still didn't want to go. Qu Li's prejudice against Indian poisoning is too great.