Bang!
Feng Xingtai banged on the table.
This son really needs to be disciplined. Skipping classes
and now, he still wants to set up a company? He thinks it is so easy to set up
a company?
“Dad, don’t worry. We are doing business with Russians. The
State is also encouraging us to do business with them. We have the geographical
advantage and we have to make good use of it. If not, within two years, those
businessmen from the south will come and grab this opportunity and we will earn
a lot lesser.” Feng Yu said.
“Money, money, money. All you know is money. Do you intend
to stop schooling? Are you still going to high school? University? I let you go
to school is for you to have a good future and not earn money!” Feng Xingtai
scolded.
“I did not say that I am setting up the company. It is you
that will be registering the company and the company is yours!” Feng Yu said.
He would like to register the company himself but
registering needs to have an ID card. Feng Yu is less than 16 years old and he
does not have an ID card yet. How can he register the company?
“I register the company?” Feng Xingtai asked.
“Yes, a trading company. There are such companies in the
south now. It is reported in the newspapers every day. The Great one had also
encouraged entrepreneurship. It is contributing to the nation’s economic
development!” Towards people of his parents’ age, it is important to use
grand-sounding words.
“Is it?” Feng Xingtai looks at his wife, but Zhang Muhua can
only shake her head. She didn’t know either.
“Dad, I said before. Stop playing mahjong at night and watch
more news. Another thing, this time I go to Bing city is not to play. It is for
business. This trip, I earned 80,000 RMB!” Feng yu said.
“How much?” Feng Xingtai and Zhang Muhua asked.
“80,000 RMB. Only two days. I had also made arrangements
with the other party. He will be purchasing another batch of goods sometime
later. If we want to make money, we must grab this opportunity! Don’t you want
to live in a big house? Don’t we want to fetch Grandpa and Grandma to stay with
us? Once you agree to set up a company, we can buy a big house, with more than
100 square meters, in Bing City!” Feng Yu said.
Feng Yu did not dare to tell them that many rich people live
in houses which are more than a few hundred and even thousands square meters of
the house. He knew that his parents will not believe. It's a long way to go to
brainwash them.
“Dad, if you don't agree, I won’t be able to study in peace.
Midterm exams are coming. This will affect my results.” Feng Yu said.
“Then what about our fields?” Feng Xingtai asked.
Feng Yu rolled his eyes: “Hire people. We will stop farming
in future. We will rent the fields to others. Whoever wants to farm, let them
go and farm. We will move to the city and enjoy life.”
Feng Xingtai turned and look at his wife: “What do you
think?”
“I don't know, you decide yourself.” Zhang Muhua had been
shocked by the conversations between this father and son. These two had talked
about earning a few thousand at the beginnings to earning tens of thousands.
Now they are even talking about setting up a company. She totally cannot catch
up with their thoughts.
But she believed that her son, who had to go to school,
cannot be wrong. Besides, how can her son cheat her?
Hearing his wife’s words and from the look of her eyes, Feng
Xingtai knew that his wife really wants to live in the city. Feng Xingtai said:
“Fine. I will go and register a company tomorrow. If you can’t enter the city’s
high school, I will shut down the company.”
Having persuaded his parents, Feng Yu return to school with
a peace of mind. It is almost midterm exams and he needs to start revision.
Although he has more than 20 years of foresight, he had only focused on
investments and never did other business.
He wants to enter the university and study management. At
the same time, know some classmates and recruit some talented ones among them,
to help accomplish his dream of having an economic empire.
When Feng Yu is studying hard study, Feng Xingtai came to
Bing city with his identity card. Li Shiqiang had heard from Feng Yu and had
been waiting at the train station. Using the borrowed car, Li Shiqiang sent his
future father-in-law to the trade and Industry Bureau.
In this era, it is simple and fast to register a company.
unlike the future, where is it very strict.
Li Shiqiang had already found out the procedures and brought
Feng Xingtai to do the necessary procedures. The whole process will take about
one day and the company will be officially registered the next day.
“Uncle, come and take a look. This is the office of our
Taihua company.” Li Shiqiang said.
Although it is called an office, it is actually a rented
warehouse near to the train station. This warehouse had been modified to two
stories. The upper story is divided into many rooms which are the office and
dormitories.
The company's first employees were the young men Li Shiqiang
hired to collect the bonds. They had stopped collecting Treasury bonds from
door-to-door. With the opening up of the Bonds trading, the prices of Treasury
bonds had risen. Now, Shen city Treasury bond prices had risen to 101.30 RMB
for a 100 RMB Treasure bond.
Just by traveling between Bing city and Shen city, Li
Shiqiang is earning more than a thousand a trip.
Feng Yu said that these people are useful. One of them will
follow Li Shiqiang to Shen city while the rest will clean up the warehouse.
According to Feng Yu, the warehouse is going to be filled
with goods and their salaries will soon to be doubled.
Feng Yu had wanted to have a 1:1 contribution ratio and
spilt the company equally with Li Shiqiang. But Li Shiqiang is clear. This
company can make money is due to Feng Yu and he is just a runner. So, he
rejected Feng Yu’s offer. Furthermore, this time, Feng Yu’s investment is quite
big. It involves almost all of Feng Yu’s money. Li Shiqiang is also a bit
reluctant to give up on the treasury bond business.
In the end, the company is registered with a startup capital
of 200,000. Feng Xingtai accounted for 90%, which is 180,000 RMB and Li
Shiqiang accounted for 10%, 20,000 RMB. The General Manager is Feng Xingtai.
Feng Yu and Li Shiqiang are deputy managers and others are salesmen.
If the Kirilenko had not given Feng Yu an additional 20,000
rubles, it would be hard for them to continue the Treasury Bond business after
taking out 200,000 RMB.
Other than this 200,000 RMB, rent, renovations and other
miscellaneous expenses, they still have about 100,000 RMB left to trade
Treasury bonds and they would still be able to earn about one thousand per
trip.
Feng Yu had discussed with Li Shiqiang. There is no need to
be so clear with their initial capital. Li Shiqiang had been busy with the Treasury
bonds business and Feng Yu insisted their earnings to be spilt equally.
Li Shiqiang, however, did not want so much. His family had
not invested much initially and Feng Yu is the one who had thought of this
idea. Feng Yu had also given him some of the profits from the deals with
Kirilenko.
If not for Li Shiqiang’s firm refusal, Feng Yu wanted to
give him more. But after some time, Feng Yu thought it doesn’t matter. When
Feng Yu becomes successful in future, he will not forget his brother-in-law and
his family.
When Feng Xingtai heard from Li Shiqiang that Feng Yu had
invested 180,000 RMB into the company, he almost fainted.
His son’s business is getting bigger and bigger!