Who doesn’t want to make money after being reborn?

Chapter 229 I can’t spend it all, I can’t spend it all at all

Lots of money, hot hands!

Faced with the huge advertising fees, Luo Hui felt that the money in his hands was very hot and he couldn't wait to spend it immediately.

grandma's.

When promoting TT Company, we engage in event marketing and invest in cultural projects in various provinces and countries.

After spending nearly 50 billion Soft Girl coins, TT won the event. Ambassadors from more than 160 countries gathered in Copper City, which completely became popular all over the world.

then.

In the blink of an eye, all the more than 50 billion spent was back in the pocket, and there was still more than 20 billion.

Moreover, advertising fees are still flowing through various branches to Bytedance’s three major platforms.

Unlike big customers.

The advertising orders undertaken by branches in various provinces and cities are all small-amount advertisements, ranging from a few hundred to several thousand yuan.

Tens of thousands of dollars at most.

But he can't bear to eat too much.

After more than two months of hard work, the profitability of Bytedance's three major platforms has soared.

From a book perspective, the profitability of the TT platform is the most exaggerated.

The monthly advertising revenue of the domestic version of TT exceeds 8 billion soft sister coins.

The international version of TT generates more than $6 billion in monthly advertising revenue.

The domestic version of WeChat’s monthly advertising revenue exceeds 3 billion softmei coins.

The international version of WeChat generates more than $2 billion in monthly advertising revenue.

The monthly advertising revenue of the domestic version of Today's Hot Topics exceeds 2 billion softmei coins.

The international version of Hot Topics generates over $3 billion in monthly advertising revenue.

total.

The monthly revenue of the three major domestic platforms exceeds 13 billion soft sister coins.

The monthly revenue of the three major international platforms exceeds US$11 billion.

A lot of small money!

The operating expenses of the entire group plus labor expenses will not exceed 8 billion soft sister coins per month.

Gross profit margin exceeds 90%.

If such financial data is exposed, it will definitely scare a group of people.

Luo Hui himself was so frightened that he decided to spend a lot of money and spend part of it first.

Keep gross profit margins down.

no way.

Doing business is the same as being a human being.

The exaggerated profitability of Bytedance Group is just like a nouveau riche who won the first prize, and it is very easy to make people jealous.

This is not a good thing.

It is easy to become a fat pig and be slaughtered by heads of countries.

They are also easily attacked by their peers.

pity.

As for his ability to make money, he relied on his memories from his previous life to cut off the business tycoon's path in advance, surpass the original business tycoon, and make the company better.

He was very clumsy when it came to spending money.

Think about it.

Still thinking that investment projects were more appropriate, he invested non-stop in two projects that were bound to be successful: science fiction movies and Pinxixi.

What's next?

It's a problem!

Although Luo Hui had lived two lifetimes, this was the first time he encountered a situation where he had too much money to spend, and he was also worried.

Worry returns to sorrow.

We still have to find projects that cost money.

First, 10% of the monthly income from the three major platforms will be transferred to MYbank to continue to expand the scope of MYbank’s support.

Grant credit to every small and micro enterprise that uses WeChat, provide them with operating funds, and solve the problem of capital chain.

This is very realistic.

The survival situation of small and micro enterprises is worrying.

A loan is a no-brainer.

Even if it is tens of thousands of yuan, it will have to be used for houses, businesses and equipment.

Otherwise, you won’t be able to get a dime loan.

With the credit granted by MYbank, things don’t have to be so troublesome.

Relying on the transaction data of WeChat payment, the system can automatically determine the operating status of each small and micro enterprise and provide credit lines.

Save them a lot of trouble.

It also ensures the safety of the capital chain of small and micro enterprises.

At the same time, it also provides Bytedance with a far-reaching and continuous source of profits.

Doing business is not doing charity.

Profit is still necessary.

However, Luo Hui does not have to be as evil-minded as other private capital companies and raise loan interest rates indiscriminately.

The interest rates of MYbank follow the interest rates of the four major banks to ensure the safety of funds and business operations first.

Seek stability, not huge profits.

joke.

Talking about huge profits, which company on the market has huge profits from the three major platforms of Bytedance Group?

However, there was still too much money.

You can’t spend it all, you can’t spend it all.

I still have to think of some tricks to get out.

After much thought, Luo Hui's eyes fell on his employees.

Well, it’s better to spend money on your own employees than on others.

While protecting the interests of employees, it can also enhance the competitiveness of enterprises.

Why not?

You have an idea, but you can’t implement it directly.

The company does not belong to him alone, he has to discuss it with the four founders.

Ever since.

The four founders met again to discuss the group's next development plan.

"Chairman, if you have any questions, wouldn't it be better to hold a video conference directly? Why do you have to come back?" Ruan Feng, who hosted the overseas version of WeChat, expressed his confusion.

What's the big deal?

Do you need to go to such great lengths to bring the four founders together for a meeting?

Tian Chun and Wu Yang nodded in agreement.

Apart from Ruan Feng, the other two people at the scene are at the headquarters every day.

It’s just that everyone is busy.

We just don’t have time to meet.

With a shout, three people can get together, and then make a video call to Ruan Feng to have a meeting.

Why should you be so cautious?

"Comrades, please be serious."

Luo Hui pursed his lips helplessly and sat down with his hands on the desk: "Today's founders' meeting will determine the future development direction of the group, so we must be cautious."

He was serious about the meeting.

Didn’t you see that all the secretaries in the office were kicked out?

"Boss, what I'm saying is, how the company develops is not a matter of your words? We just listen to you. Anyway, you are very coquettish every time you move. Don't worry about bringing the company into a ditch. It's better than the three of us. It adds up to a lot of awesomeness.”

Tian Chun lay down directly.

He said he didn't want to use his brain.

It's okay to develop programs, but to run a business... forget it.

It's better to just listen to the boss.

Wu Yang nodded thoughtfully: "Tian Chun is right. We can all rest assured that Mr. Luo is at the helm of the group. Just tell us what you want to do. Why do you need to be so mysterious?"

"Yes, yes, meetings are a waste of time." Ruan Feng cast a resentful look again.

The overseas version of WeChat is developing well and is following the expansion pace of TT.

At the same time, advertising fees are also collected.

Why call people back for a meeting at such a critical moment?

A waste of time is a waste of money.

What a waste of life!

"Don't rush to complain, let me ask a question: What do you think the future development model of the enterprise will be?"

Luo Hui turned a blind eye to the complaints of the three people, and instead looked at them with dagger-like eyes.

"I surrender!"

Tian Chun, who was lying on the sofa, raised his hands in surrender: "I am not suitable to participate in the discussion of such a grand proposition. Boss, you can decide."

Promote!

Wu Yang glared at Tian Chun and felt that Luo Hui seemed to be serious. He raised his face and discussed seriously: "Chairman, what do you mean, we have to readjust the management structure?"

Architecture is of no use!

What I worry about is spending money!

Luo Hui curled his lips and took the initiative to guide the topic: "There are two corporate development models that I am most optimistic about. One is the transformation model, which allows employees to hold shares. The other is the Fat Donglai model, which distributes profits to employees. I am looking for you today. The three of us came to have a meeting together to discuss, mainly to discuss what model our company should follow?"

Turn into a pattern!

Fat Donglai mode!

Ruan Feng suddenly became interested: "Since the chairman said so, let me express my opinion."

"First of all, the transformation model cannot be copied casually, especially for Internet companies like ours."

“So, my advice is to turn elimination into patterns.”

“Fat Donglai’s model is easy to learn.”

"There are two cores to it."

"One is consumer-centered, and the other is ordinary employees-centered."

"As long as we grasp the two cores and treat users and bottom-level employees well, companies can always maintain strong competitiveness."

"It also fits in with our corporate culture of 'serving the people'."

"I choose Fat Dong Lai mode."

You are a smart one!

After listening to Ruan Feng's suggestion, Luo Hui couldn't help but give a thumbs up: "Brother Ruan Feng's suggestion coincides with my idea."

"I thought so."

“The three major platforms of TT, WeChat and Today’s Hotspot are currently in a period of rapid expansion, and it is normal for their profitability to be exaggerated.”

"However, this rapid expansion will not continue indefinitely, and sooner or later it will hit a ceiling."

"Under special circumstances, it is very likely that it will enter a state of shrinkage."

"We must be mentally prepared to be prepared for danger in times of peace."

"When a company is in crisis, no one else can be relied on. Only our own employees can accompany the company through difficult times."

"Here comes the problem."

"If we are like Erma and do all kinds of good fortune every day, when the company encounters difficulties, will our employees still be willing to share the joys and sorrows with us?"

"Don't think about it, it will definitely end with the tree falling and the hozen scattered."

"In order to avoid this situation, we must enter the Fat Donglai mode from now on and bind the interests of employees with the interests of the company."

“My idea is to use the basic salary plus dividend model to increase the income of grassroots employees.”

"The management staff won't change."

"These people can be replaced at any time, and it is the grassroots employees who really do the work."

“In addition to providing tangible benefits, we must also establish an internal welfare system for employees.”

"Do not misunderstand."

"The welfare is not a small favor like rice, noodles, hair oil, but real services to solve the worries of grassroots employees."

"For example, set up a foundation."

"Specialized to provide support for irresistible emergencies such as serious illnesses and disasters."

"My income is relatively large, and I can inject hundreds of millions of start-up capital into the foundation to maintain its operation."

“In addition, the Fund’s primary source of basic funding is voluntary contributions from all employees.”

"There are no restrictions on this."

"A dime is a donation, a hundred yuan is a donation, whatever you want is fine."

"I'm responsible for keeping track of everything."

“In addition, we can establish a nursery system at the headquarters and various branches.”

"Specialized to serve employees with children, so that they can safely leave their children to the nursery when they go to work, and the company will hire professionals to take care of them."

"These are the only two things I can think of at the moment."

"If there are other ideas or if employees have any real needs, we can add projects at any time."

(End of this chapter)