On Tuesday morning, Lynch called for a shareholders' meeting.
Mark, the tall and skinny man, Asil, and other local investors arrived at the company's conference room. The investor representatives from Kurilan City also arrived.
Although it was a shareholders' meeting, there were only eight people in total. However, a shareholders' meeting had nothing to do with the number of people present.
Sitting in the chairman's seat, everyone's eyes were focused on Lynch. He flipped through the documents in his hand for a minute or two before turning his attention back to the meeting.
"There are two things I would like to discuss with all of you at this shareholders' meeting. First, the development plan for the next phase …" He said as he observed the people around the conference table.
The shareholder representative from Kurilan City had an expression that said, "I don't care, but I will tell you the truth." He even prepared a notebook and pen to record the meeting's contents.
Mark still had a tired look on his face. He had heard that this kid had been living a good life recently. He had a large number of food rolls in his hands. At the same time, his food factory had taken over the task of producing food. For people at this stage, food rolls were equivalent to money. Every bag of food produced by Mark was money. His factory was like a money printing machine, spitting out money.
Recently, he had been very close to the two female hosts of the Saibin TV Station. From his listless look, it seemed that the two women were not easy to deal with. It was a pity that the ordinary people who treated the two female hosts like gods would not be able to handle them.
The two female hosts, who they thought about day and night, would have to fight with Mark until late at night and sleep soundly (not a typo).
The local investors, on the other hand, did not have much of an expression on their faces. There was more or less a hint of worry on their faces. The financial tsunami had caused them great losses, and everyone was having a hard time.
Asil looked inconspicuous, but he was a smart man. He did not make much eye contact with Lynch, even though everyone in the room knew that this guy had a special relationship with Lynch.
After Lynch's gaze moved away from the last person, he began the main topic of today's meeting.
"Everyone has seen the speed of development of the Interstellar Trading Company. Even in the early stages of the strike, our work did not stop. This strike also proved that my model was successful, so we were not too affected by the strike."
He was talking about cooperation. Everyone was his partners. He didn't have any employees. If these people wanted to go on strike, they would only go on strike at their own jobs. Lin Qi wouldn't suffer any losses. The only ones who would suffer losses would be themselves.
This also allowed the company to operate normally, and it survived the strike crisis in an unimaginable way.
The people around the conference table nodded. They couldn't deny that.
Lynch paused for a moment before continuing, "The company will have a period of rapid development. The strike and economic problems will make it difficult for most families to support themselves. Their demand will increase, but their budget will decrease. At the same time, a large number of products will flow into the market."
"It's not just the ordinary families of ordinary people. Some factories and capitalists will also go bankrupt. They will also be included in our targets."
"Buy more products at a lower price and sell them at a price that can guarantee our profits. What we have to bear is just a temporary backlog of funds."
"However, this also leads to a new problem. If the speed of our purchase exceeds the speed of our delivery, a large amount of funds will be piled up in the warehouse, unable to be circulated. This is something I can't tolerate."
"So I have an idea. I want to split the Interstellar Trading Company's current main business, the second-hand goods auction, into a second-hand goods trade fair and a second-hand goods auction …"
The young lady who temporarily acted as the secretary began to distribute information to everyone. This was a document specially prepared by Lynch. It described in detail the effects and possibilities obtained after the business was split.
It had to be said that this document was very beautiful. Not only did it look very realistic and detailed research data, but it also had some intuitive trend charts.
Research showed that the more a boss was, the less patience they had to pay attention to every word. They preferred things that were intuitive, such as histograms and graph charts.
"After the business is split, ordinary second-hand goods transactions won't take up more of our funds. We only need to provide a venue and collect various fees."
"At the same time, after studying the transaction records of the auction during this period, we will gradually focus on the valuable products that can bring us more profits."
"The advantage of doing this is that we don't need to waste limited funds on products that may be unsaleable. It can also make the auction more professional and bring in more profits."
He emphasized, "In fact, we're not only splitting the business, but also the audience."
After saying this, he wanted everyone to understand and think about it. This was the plan he had been thinking about for a long time.
The biggest drawback of the current trade auction was that high-end and low-end participants were mixed together. Sometimes, low-end participants would disrupt the order of the auction of valuable products. For example, they would raise the price of the auction too quickly.
In an auction, raising the price too quickly was not a good sign. It looked like many people were competing for the same item, giving people the impression that the item was very popular.
However, in fact, this would make some people dispel the idea of getting the item because there were too many competitors. They would think that they might not succeed.
Even if there were not many people bidding at the end and the price did not reach their psychological limit, they would still think that even if they bid, the other party would continue to follow.
On the contrary, the price of the auction items and the process where there were not many people bidding would perform better in catching up with each other.
Let the low-end consumers attend the trade fair and let the high-end participants participate in the auction that could provide more profits. A more accurate positioning would provide more profits.
After discussing with the people around him for a while, the tall and thin man asked, "How do you plan to solve the trade fair?"
Lynch pointed at the information in front of him. "I'll tell you even if you don't ask."
After the two of them looked at each other for a few seconds, Lynch said, "Please turn to page 17 of the information …"
After the sound of pages being turned, Lynch began to talk about his ideas. "I noticed that our city, including other cities, does not have an official second-hand goods trading center so far.
"Most second-hand goods are traded in some dirty and poor streets, and many of them are stolen goods.
"There are only three things we need to do: standardize, legalize, and centralize!
"Our profits also come from these aspects, such as the rental fees of ordinary stalls, the commission of specific transactions of goods, and the insurance business …"
Lynch explained everything in great detail as if he had done a lot of work for this and had come to such a conclusion after repeated deliberation and research.
Therefore, such a conclusion, coupled with the intuitive information, was full of persuasive power. These people had already been convinced.
Even the tall and thin man, who was not easy to deal with, was satisfied with Lynch's plan at this time. He thought that Lynch was right. Separating the business and the customer base, using a more targeted way to earn more money, was the true attitude of making money.
He looked at Lynch, who was speaking frankly and confidently, and was a little confused. What was in this young man's head?
Lynch did not know that the tall and thin man was a little interested in his brain. After he finished talking about splitting the business, when no one raised a clear objection, the corner of his mouth twitched slightly.
"Considering that we have more tasks in the next stage, I suggest that we split the business into a separate subsidiary company and operate it independently."
After he said that, Mark's expression did not change much. He did not care about this at all. He only thought about the happy things.
As long as his uncle did not leave Saibin and did not lose the power in his hands, he would not have to worry about being cheated by others. This kind of thing would not happen.
The representative of Kuriland City did not say anything. The results of this meeting would not be announced at the end of the meeting. Only the tall and thin man had a thoughtful look on his face.
After a while, the tall and thin man asked, "Mr. Chairman, is it necessary for us to do this?"
He was referring to the matter of splitting the business into a separate subsidiary company. In his opinion, it was unnecessary, but he also wanted to hear Lynch's opinion. In fact, he should not do this, because persuading people was what Lynch was best at.
Lynch's face was full of smiles. "Of course, then I'll explain the differences in detail …"
Soon, everyone understood why Lynch wanted to do this, and they also understood the pros and cons of doing so. There were two sides to every coin, but as long as there were pros and cons, people could turn a blind eye to the cons.
After half an hour, the tall, skinny man and the others finally understood Lin Qi's thoughts. However, they didn't immediately express their opinions. They still needed to go back and discuss it. After all, this involved some new changes. They also needed to find someone to discuss and confirm.
After sending these people off, Lynch glanced at the documents on the table with disdain and threw them into the bin. He already knew the result.
These people would not reject his proposal because the purpose of splitting the subsidiary company was to make more money. As long as the businessmen had not given up on pursuing profits, they would not reject his proposal.
Greed brought them a lot of wealth, but it also made them biased and blinded.