Wall Street Legend
Chapter 115 Promotion and salary increase
The old man's tone was weak: Is it leverage again? I don't think you really need my money. Your investment scale is already pretty good. As a young man, twenty? Twenty-five years old? The achievements are very good, but I suggest you be more cautious and think more about whether it is really worth investing in.
All right.
It seemed that it was difficult to negotiate. Not only did he not get any money, but he was also educated in a subtle way. If Ye Dongqing were an ordinary person, the old man's views would be very practical, but what happened to him was somewhat special.
Rather than investment ideas, he lacked funds to complete the layout. When his assistant reminded Buffett that he had to go to a meeting, Ye Dongqing took advantage of the situation and said goodbye. The old man did not hold back, saying polite words and being careful on the road.
I don’t feel resentful because I can’t get money, but I do want to make the other party regret that they didn’t invest in me now. I’m similar to the guys who chose to leave their jobs at that time. It may be because of the strong secretion of hormones in this young body. I'm a bit young and energetic, and I can't keep my mind calm.
After returning to his car, he lit a cigar and called Kanike to tell him that there was no need to prepare information about Tencent and Taobao. Since the big financier had no idea and would not use it for the time being, he would save money on sending it to the consulting company.
Mr. Buffett's assistant said to his boss after Ye Dongqing left: Today's young people are too impetuous. In the past, there were not so many messy ideas.
How should I put it? The Internet allows them to access more information and makes young people lose their previous spirit of serious study. I remember when I was young, I also felt that I would definitely succeed.
But not everyone can be you, boss.
The old man just laughed. This kind of thing does not require humility. He changed the subject: Let's go, the meeting is about to begin.
It was a bit regretful that I didn't get the money smoothly.
Thinking about it from another angle, Ye Dongqing also felt that the other party would not invest in someone like him. The current crazy investment moves were just like seeking death.
There is no way to take advantage of it, you still have to rely on yourself to accumulate capital. The best way now is to invest all user assets in warrants and use leverage to maximize profits. As long as there is no problem with the capital flow of Freshwater Fund Company, As long as people continue to invest in it, this game can continue to be maintained.
The first batch of people who bought quarterly short-term financial products have successfully obtained the principal and interest, and reserved part of the funds to repay the principal and interest. After that, most of these investors chose to continue buying, and some of them even increased their principal. .
Americans like to borrow funds, stocks, etc. to earn passive income. The so-called passive income refers to channels including house rent, stock dividends, stock appreciation, fund appreciation, etc., that can make money without much labor. .
Purchasing treasury bonds and bank deposits also count. One of the criteria for measuring financial freedom is whether passive income can allow someone to live comfortably and spend the rest of his life even if he does not continue to work.
Even if they start a company, these bosses are very good at using their employees and money-making channels to get high returns with low investment. However, the risks of doing business are also high, and you will lose everything if you are not careful.
If a middle-class person with millions in cash invests all his money in Danshui Fund Company, based on the high rate of return currently designated by Ye Dongqing, he can achieve a pre-tax profit of about US$76,000 a year. Not only can Outperforming the inflation rate, this income is equivalent to the annual income of many middle-aged people.
It is indeed a very good financial product, but the key question is, how many investors dare to invest so much money in it?
Until now, apart from the boss Ye Dongqing, the largest investor is still Malik Fasi. This rich man whose family is engaged in aquaculture and agency sales in Boston has not been in contact with Ye Dongqing recently, but the money he invested before Didn't withdraw.
After cultivating a good reputation and allowing the company to grow in size, it is estimated that it will be able to attract other large investments. The result of a rash move will probably be like today, without being taken seriously.
Ye Dongqing originally thought that he would be special in the eyes of the old stock gods, but the other party did not have the confidence to bet on him.
Although this made his little plan aborted, in the final analysis it had no negative impact on the current layout. His own small business is still running normally and has achieved good returns in the near future.
************
As soon as I got back, I went through the managers of Golden Island Financial Management Company to find the salesman who dared to pester old Buffett. This guy, like Ye Dongqing, was Chinese and one of the earliest employees of the company. His name was Zhou Yong.
Ye Dongqing had never heard of his name before, but after meeting him, he found out that he was an honest and friendly middle-aged man.
In fact, Zhou Yong is not very old, only thirty years old, but he looks older. His family is poor, so he doesn't care about dressing up. In the past years, he was busy making a living in the wind and rain, and his skin was tanned.
When he stood in front of Ye Dongqing, this guy was wearing a suit, which was baggy and worthless at first glance. Simple, slim-fit formal suits have become popular recently, and the suit he wore was full of the style of the 1980s and 1990s. It’s a nostalgic look, the pants are too big and the top doesn’t fit.
Golden Island Financial Management Company does not recruit regular employees in the early stage. Unless the performance is particularly good, it can become a full-time employee. The basic salary is very low, and it mainly relies on performance commissions to make money.
Recently, he can earn four to five thousand US dollars per month. This is considered a very good job in Zhou Yong's eyes. It is usually relaxed and free. His previous work cannot be compared with this kind of work now. In the past month, he has been working very ambitiously. Try to seize a big business, and then fulfill your wish, go to Brooklyn, Queens and other more remote places, buy a nice house and move into it.
There is a Chinatown in Manhattan, and there is also a Chinatown near Flushing, Queens. Relatively speaking, the Flushing area has more new immigrants and is relatively affluent. The living environment is not as good as that of Manhattan, but the living experience is better.
At this moment, Zhou Yong felt that he was about to be fired, and the feeling that his dream was about to be shattered was not pleasant at all.
In front of him was this young boss who was rumored to be a miracle. He made tens of millions of dollars in a short period of time. For these people who had little experience, it was already an extremely high achievement. He said with a flattering tone. : Boss, if there's anything I haven't done well, you can ask me to correct it. I was the one who brought in the first order for our company, and it has recently reached more than 1.6 million. If you want to be fired, just fire those incompetent people. Newcomer, I have really worked hard!”
Full of desire to survive.
Ye Dongqing was confused. After thinking about it, he smiled and said, I'm not going to fire you. I've already asked someone to prepare a contract. From now on, your basic salary will be increased to 3,500 US dollars a month. The commission will still be the same amount. I'm going to let you As a manager, in charge of the salesmen in Brooklyn, you can get a commission of 0.2% from their total performance, which is one million US dollars and two thousand dollars.
Don’t think it’s too little. When our company grows, one Brooklyn store may have hundreds of millions of dollars, and it should be even more, possibly more than a billion dollars. If your performance is good, I can help you increase your commission and base salary. I met Mr. Buffett Sr. just now, and he mentioned you. Although it didn't succeed, I admire your drive.
PS: Please give me some recommendation votes and collections. It will probably be on the shelves on the 1st of next month. I will recommend it later. I hope everyone will continue to support~
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