Rebirth: Japanese investor

   Chapter 58 Future

After    Miyazaki Ryujing went out, Kishimoto Masayoshi fell into deep thought. A company from scratch, from small to large, from initial to formal, needs to do too many things during that period.

  The establishment of the salary system, what position, what qualifications, and how much money can be earned, RB will issue a half-yearly bonus every six months, instead of the year-end bonus at the end of the year in China, late arrivals and early departures will be deducted...

  The establishment of performance appraisal is often directly related to the question of how much money an employee can get for the half-year award, and also involves promotion and salary increase, demotion and salary reduction, retention or not, and many other things.

  RB company's general half-year bonus is two or three months, and there are also three or five months, which mainly depends on the company's efficiency and personal work ability.

   With the establishment of multiple business departments, the current stall of Hard Gold Capital is small, and it can be fully grasped. After the company becomes bigger and stronger, it is inevitable that a business department will be divided into many groups, and each group is often responsible for different businesses.

   At that time, there will also be an internal competition mode of "raising Gu". There is a substantial competition between the groups to win project ownership.

   In fact, the asset management business alone includes corporate private equity funds, real estate opportunity funds, funds of hedge funds, senior debt funds, private hedge funds and closed-end mutual funds.

   In addition, it also provides various financial advisory services, including M&A advisory, reconstruction and restructuring advisory, and fund raising services.

   This is still part of it. Those who invest in Internet companies have to be separated from the virtual economy, and those who invest in the real economy also need to score points.

  At that time, the business will not only be limited to RB, but also spread to many countries around the world into South Korea, the United States, India, mainland China, Hong Kong, Macao and Taiwan...

   You have to go to major countries and cities in the world to set up offices, and then assign someone to be responsible for the business work of a certain block, and to manage the daily operations…

   Masayoshi Kishimoto is very clear that it is a particularly difficult thing to invest in an investment company. He naturally recalled the rejections of the investors at the beginning of the Blackstone Group.

   Even Jack Ma, who was regarded as a father by the majority of Chinese young people 20 years later, suffered setbacks and failures that many people did not know before establishing Alibaba.

   Before establishing Alibaba, Jack Ma also founded a Yellow Pages company, not the kind of woman with bare bottoms, but a phone number query. His company went bankrupt.

   Then, what did he do? Instead of thinking about starting a new business, I went to Yiwu, the paradise of small commodities, with a number of large plastic woven bags, that is, the patterned blue bags commonly used by migrant workers when they go out.

   Before his rebirth, Masayoshi Kishimoto studied Jack Ma's past experience more seriously. Therefore, my conclusion is that the other party belongs to the type of successful entrepreneur who has seized the opportunity.

   Before Jack Ma founded Alibaba, he also went to the United States. This trip to the United States has made a great impression on him. In other words, the United States, as the only superpower, is really too advanced.

  Whether it is Taobao for online retail or Alibaba for wholesale, it is essentially a replica of eBay's localization in China on September 4, 1995.

   After he had such an entrepreneurial idea, he sought out more than 40 venture capital firms in total from the east coast of the United States to the west coast of the United States, all of which were rejected.

   Ma Yun started his business again in China. He first found 24 friends, but was opposed by 23. Only one person expressed the attitude that he could give it a try.

   And then, that is, the Eighteen Arhats who are well known and widely praised. In addition to Jack Ma, there are 17 other entrepreneurs who participated.

   On September 9, 1999, the registered capital of Alibaba at the beginning of its establishment was RMB 500,000. Afterwards, it also experienced a lot of wind and waves. The most crucial one was Jack Ma's continuous open and closed meetings in Xi'an, and he personally took command.

  Online shopping is not a new business in China in the near future, it is not only a new business, but also a huge profit growth point that changes people's lives.

  Penguin, about ten months earlier than Alibaba, was established on November 11, 1998. At that time, Penguin also thought of online shopping, and did it first.

  Alibaba, and why Taobao was able to win Penguin in the end, and thus occupy the vast Chinese online shopping market, that is its innovation.

   Masayoshi Kishimoto remembers very clearly that Penguin’s online shopping was originally a transaction fee charged by both the buyer and the seller, that is, two-way charging.

  Alibaba changed this model and opened up a situation based on free store opening and double transaction exemption. However, the premise is that a large amount of money burning in the early stage is required, so a financing has to be carried out.

   Only by increasing the number of registered members can we make a later change and make commercial profits on the right track. By the time Penguin reacted, the market opportunity was already taken by Alibaba.

   As for later, Kishimoto Masayoshi knew that there would be an e-commerce company called "Goudong", and made an innovation on this basis.

   Do your own logistics and build an online shopping mall model, with the slogan of placing an order today and delivering it tomorrow.

  It usually takes three or five days to take pictures of things on Taobao before you can get the real thing you bought online.

  The biggest Chinese geographical discrimination is that it is not Jiangsu, Zhejiang and Shanghai, and generally does not include postage. Who made your ID not start with 310?

   "Goudong" initially offered free shipping with no purchase limit, then free shipping over 49 yuan, and then free shipping over 99 yuan.

   Similarly, in order to support this early stage of burning money for propaganda and establishing outlets, “Goudong” also needs a lot of financing.

   Kishimoto Masayoshi thought of this, the current time is March 1998. I am not in a hurry to fly to China to meet the "two horses", one is Brother Xiaoma, Ma Huateng, and the other is Jack Ma, Jack Ma.

   As for "Goudong", I am not in a hurry. Even if it was established on June 8, 1998, it does not mean that it has a number one existence in the era of Chinese e-commerce.

   Masayoshi Kishimoto will naturally not forget the B of China's future three giants BAT, Baidu. It was established even later, in January 2000. Baidu is also a replica of Google's localization in China.

  It was first launched online, and the search engine had no sense of existence, as if Brother Ma pretended to be a girl to serve as customer service.

   Before Masayoshi Kishimoto was reborn, he also watched a video of a young man appearing on CCTV2, CCTV2's entrepreneurship program.

   At that time, Xiao Ma was one of the three judges in the audience, and Zhang Ruimin of Haier Group was not very optimistic about his QQ and the company.

   And Zhang Ruimin is another legendary figure. It is indeed amazing that a refrigerator factory that is about to go out of business can be made bigger and stronger by him.

   (end of this chapter)