Manufacturing Empire in the Valley

Chapter 2661 has only three main clauses

After hearing what Niu Dajin said just now, everyone couldn't help but look at Niu Dajin with admiration.

Although Niu Dajin's academic performance is not very good, his mind is very clear and he is very self-aware. He is not in a hurry when doing things, but is steady and steady step by step.Everyone thinks that his appearance is the correct way to start a business. At the same time, they secretly regard Niu Dajin as their benchmark in their hearts, and urge themselves to learn his steady and steady entrepreneurial attitude.

Niu Xiaoqiang nodded with a smile: "You can think of many problems, and you can think so thoroughly, which is very worthy of recognition. I fully support your idea. After dinner, you can go to Li The teacher has applied for start-up funds, and if you want to come, Teacher Li will not refuse you."

Li Lu smiled and said, "Let me interject here. All students who apply for funds need to submit an application report, and explain their ideas and plans in detail in the report. I will carefully review it. If I see I don’t understand, I will ask classmate Niu Xiaoqiang for advice, so that I can ensure that the money is spent wisely.”

When Li Lu said this, he changed the subject: "By the way, I would like to ask a question, Niu Xiaoqiang, just in case someone fails to start a business, the funds he applied for will definitely be in vain. I don't know if this kind of thing happens How should it be handled?"

Not only Li Lu is very concerned about this issue, but all other students who are planning to start a business are also very concerned.As the saying goes, there is no free lunch in the world. Although Niu Xiaoqiang is very rich, his money is not blown by the wind. It is already very interesting if he is willing to pay for everyone to start a business. If his business fails, how should he explain to him? ?Do I need to repay the applied funds after the business fails?These issues must be clarified in advance, otherwise, I will not be able to feel sorry for Niu Xiaoqiang's support, and at the same time, I may be burdened with heavy debts.

Seeing everyone looking at him, Niu Xiaoqiang smiled slightly and said, "I know what concerns everyone has in their hearts, so let me express my thoughts first, so that everyone can refer to them for details."

Niu Xiaoqiang paused for a moment, and then continued: "I said before that the Angel Foundation we established was learned from foreign countries, and some students may not know how foreign Angel Foundations operate. Let me explain, foreign angel foundations are for profit, which is equivalent to a type of investment. The first thing to ensure is the interests of investors. In view of the fact that the risk of entrepreneurial failure not only exists, but is also very high, Therefore, foreign angel foundations are very strict in the review of projects, not only the review is strict, but also the corresponding investment agreement will be signed after the review is passed.”

When Niu Xiaoqiang said this, he turned his head and looked at Niu Dajin: "Take the pig breeding project proposed by Niu Dajin just now. According to the rules of foreign angel foundations, Niu Dajin needs to sign a cooperation agreement with the investor—that is, me. This agreement will specify in detail the responsibilities and obligations of both parties in this investment project. For example, the fund applicant must not have any illegal acts during the implementation of the project, and must not privately embezzle the investor's funds, etc. Determine the shareholding ratio between the project applicant and the project investor in advance. After the contract is signed, the investor will regularly send people to review the project. Once the applicant is found to have violated the rules, the previously signed contract will be It can be used as evidence for a lawsuit, and the investor will demand compensation from the applicant through legal means.”

"The operation of foreign angel foundations is roughly like this, but we are in China, and we can simplify and modify some of them to reduce everyone's worries."

Niu Xiaoqiang said this, took a sip of the tea Wang Xiaoshuang handed over, then wiped his mouth, and then said: "We are classmates after all, there is no need to be so unreasonable. Of course, we can't do everything because of human relations." Regardless, that's not the way to do business."

His words have been collectively recognized by everyone. Niu Xiaoqiang is willing to use money to help everyone start a business. This is already very interesting. I must cherish other people's investment money, right?Otherwise, if everyone messes around, the Angel Foundation will be finished sooner or later.At that time, who is willing to fund their own business again?
Niu Xiaoqiang saw that everyone nodded, and then smiled and said: "We don't need to make it so complicated. According to my opinion, there are only three main clauses. The first is how to deal with the aftermath after the failure of the venture."

"No matter who it is, as long as the business fails, the Angel Foundation will not recover the losses from him, but at the same time, those who fail to start the business will not be allowed to apply again within three years. This is not only a punitive measure, but also It is a means to urge everyone to make progress, I guess everyone will not have any opinions, right?"

Everyone shook their heads collectively, and had no opinion on what Niu Xiaoqiang said.This is a very correct clause.

If there are no punitive measures, wouldn't everyone have no pressure?Do whatever you want?In this case, it is often easier to make mistakes and cause the failure of the project.

Niu Xiaoqiang smiled slightly, and continued: "The second clause is the distribution of equity. To be honest with you, I have invested in a lot of projects over the years. No matter which project I invest in, the equity I ask for is not less than 80.00. %, if anyone thinks that the equity I asked for is too high, then I can only express my regret."

As soon as he finished speaking, Niu Huahua, who was sitting on the side, said, "Students, everyone must know how Xiaoyong and I made our fortunes, right? Brother Qiang didn't dislike us for being uneducated and incompetent. He gave great support. If it wasn’t for this, Xiaoyong and I would not have achieved what we are today. At that time, Brother Qiang was actually unwilling to occupy shares in the packaging factory. It was Xiaoyong and I who had been strongly demanding that he agreed. To invest in shares, Brother Qiang occupies 90.00% of the shares in the packaging factory. This amount was not requested by him, but Xiaoyong and I proposed it on our own initiative. The project itself is interesting enough, if we still want to be petty on the issue of shares, are we still individuals?"

The students nodded immediately and agreed with Niu Huahua's words.

What Niu Huahua said made sense, and it was her sincere words, and she didn't mean to flatter Niu Xiaoqiang.

(End of this chapter)