A Failure's hopeful Journey
Chapter 166: Reforming Financial Field.
Gerrard and Stella were about to go out of the cabin to arrange things as per You Xi Wang's instructions when they heard another command. You Xi Wang spoke, "Auntie Stella, do we have any connection with the banks?"
Stella turned around and replied, "Young Master, apart from the salary being credited to the employee in their accounts we do not have any special engagement with the banks."
Gerrard and Stella were both confused when they heard this question. They did not comprehend the motive of their boss. As the two were lost in comprehension You Xi Wang's voice brought them back to reality.
"Do you understand the concept of a debt?" his voice was calm. Stella and Gerrard nodded to express their understanding over debt.
You Xi Wang smiled and said, "Suppose someone wants to buy a vehicle from us but does not have enough money to make the payment. That person will give up on the purchase and we will lose a customer. The debt system the bank uses is very basic. They provide loans for medical and education but nothing else. So if we provided out vehicles to the clients and allow them to make the payment in set installments. What do you think the effect will be?"
The two people suddenly froze. They did not expect You Xi Wang to come up with something like this. This was a world of cultivation and people did not really pay much mind to materialistic things such as Vehicles and luxury but the times have changed people had changed. They now paid attention to their image as well.
Stella was a veteran in the field of finance. She completely understood the weight of You Xi Wang's proposal. She replied, "Young Master if we do this. The market will not be very peaceful." with an excited tone. The market will rise and so will the shares of their company.
You Xi Wang nodded and said, "This whole operation will be handled by you aunty Stella. I do not have much knowledge in the financial battlefield." with a smiling face. He paused and continued, "Uncle Gerrard, tell Andrews to make the spoiler wing on every 10th Countach we produce with gold, Similarly discuss and use more precious and rare metals for every 100th and 1000th model. We will stop producing the Countach after 100,000 units. We will launch another model under the bull series then. Update this on the webpage of Celestial Motors and ask all the media outlets to spread this. Oh yeah, you do remember that we have to prepare a special vehicle for Elder Shelton Hammer, right?"
Gerrard guessed was that You Xi Wang wanted the Countach to become a symbol of luxury. And how come luxury can be afforded by just everyone? He nodded and left the cabin with Stella. He replied with a smile, "Yes, the chief technicians are working on Elder Hammer's vehicle. It will be delivered by tomorrow."
You Xi Wang heard this and nodded contently. He then let the two people leave and called over Atlas, Ray, and Carl in his cabin. The three people were the same who competed with Andrews to acquire an automobile company but did not find a suitable candidate. Today You Xi Wang was going to have them do something else for him.
The three people came to knock on his door quickly and he spoke faintly, "Come in," without raising his head. The three people entered the cabin one after another. They stood there and did not speak up thinking that You Xi Wang would scold them. They all felt depressed when they lost in the last task. You Xi Wang did not know their thoughts and said, "Sit down."
The three hesitated and sat down anxiously. The soft luxurious leather chair was not a hot stove for them. You Xi Wang raised his head from the screen and said, "I want you three to go out and acquire three automobile manufacturing plants. Re-register them under Celestial Motors. But these three companies must be smaller than the original Celestial Motors. Use their half efficiency to make the beetle and the other half will make this design of vehicles. Then you three will use the third product To run a cab company under the name of Magic Carpets. Can you get it done within a week?"
The three people were shocked and then asked, "Boss, are you not going to kick us out? After all, we lost the last competition."
You Xi Wang asked, "No, I understand that you did your best so I do not blame you for it. Now you have another chance. Go get it done. Discuss the matter with Uncle Gerrard and Auntie Stella."
The three people nodded and left the cabin quickly. They wanted to get the things done and prove their worth. Though this time they wanted to prove it to themselves as well. The last competition was very heart rendering for them. You Xi Wang gave them another chance which showed how much trust he put in the three of them. After the three of them left You Xi Wang put down the work and started cultivating in the center of the room. Maya appeared in front of him and she sat down with her back towards him in a vigilant position. She was guarding You Xi Wang as he practiced.
The sun went down, yet You Xi Wang sat straight immersed in his practice. The spirit energy in his dantian was now about to break through to the ninth level of spiritual formation. He was not eager for a breakthrough and wanted to attain a better foundation.
...
You Xi Wang woke up when Stella knocked on his door. She came inside when he answered her. Stella spoke, "Young Master, the banks have agreed and the terms are mutually beneficial. They want us to sign the contract tomorrow. What should I tell them?"
You Xi Wang nodded silently expressing his affirmation to the process. After Stella was done finalizing the timing for tomorrow with the banks she spoke up, "Young Master, should I drop you at the mansion? It is quite late. You should go home."
You Xi Wang smiled and said, "It is okay, Aunty Stella. I have a Lev-bike and Maya can travel fast by herself. So, you don't bother. Also, you got this done faster than I expected."
Stella smiled and said, "Young Master, the Countach sales is like a hot cake. And the banks understand this so they obviously want to sign sooner. I also told them that the Countach will stop production at 100,000 units and 10,000 have already been booked. They had some hesitation but after I clarified that we have the Bettle ready to roll for the masses they all agreed to sign the agreement. So in a manner, the credit goes to you." she was not flattering him but genuinely complimenting the boss for his outstanding insights.
You Xi Wang stood up from the ground and said, "Auntie Stella, ask the R&D department to provide me a progress report on the Virtual Reality Helmet. The game needs to be in the market now. We have created a good hype and the Beta Testing is also about to finish. I don't want to look like a slag." his voice was not calm but slightly impatient. He was displeased with the work pace of Matthew and Minerva.
Stella nodded and then followed him out of the cabin. The two parted ways in the parking and left to their own homes. The night has arrived. You Xi Wang did not know that the banks tomorrow will really make things a little unexpected. He unknowingly set off a domino fall in the market of Metropia. The financial reforms he introduced to sell the vehicle and products were not something the people of Metropia ever used. They were technologically advanced but this world lagged behind in terms of marketing. Yes, they lagged behind in marketing and finance which is why the industries in Metropia were not conglomerates.
You Xi Wang dreamed to reach the peak of the world. The peak of the world meant the world and not just Silica City. Although the media of the world was still a little competent compared to the market. The Countach was flashed all over the world, but that is again because he hired the people to do that. The economy of this world was not as bustling as the earth. Metropia was a world governed by people with strength and view but not experienced. They were powerful people aiming for a harmonized world. To the leader of the world, money was never a thing they ever put in their eyes.
This is why You Xi Wang as an outlander caused such a drastic effect in this world. You Xi Wang did not know that there were people in the world that were paying attention to him. All this hype was caused by the Countach. The automobile was something the big families all over the world would use. It was something that helped them boost their status.
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