This Is How I Became a Chaebol

012 : People flocking

“Can you assume that I approached you knowing that I am an IDA deputy minister?”

“I will not deny it.”

I met him with comfortable eyes.

If you are an entrepreneur, you must do your best to make money.

I didn’t do anything wrong, so there’s no need to lie.

“Whew… According to the regulations, we have to stay away from Mr. Wu right away, but I’m more curious about that. How did you know? I’m a World Bank official, and I’m not affiliated with the International Development Association (IDA) or the US government.”

“It was a natural inference for me. Isn’t the World Bank official a position that can be assigned to the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the International Investment Guarantee (MIGA)? We will not send a separate IDA vice minister to a small country called Korea, so in the end, the vice minister is David.”

“You know a lot. You also know that the World Bank opposes IDA loans. Even if we build a petrochemical complex in Korea, there would be no benefit to the United States.”

“Didn’t you just agree that the Vietnam War would require our Korean products?”

“I agree, but I don’t know if the World Bank Headquarters will agree.”

“Why do you care about the World Bank headquarters? Aren’t you already interested in David? If I were David, I would file an inflation risk report in my personal name with the US government.”

“!!!!!”

“Are you in a hurry? The moment the US government realizes the existence of tropical jungles, David’s report will be meaningless.”

“Ugh!!!!”

For scholars, achievements are honor and money.

You can never miss it.

“That David’s opinion is right will be proven right away as soon as the Ulsan petrochemical complex is established. Don’t hesitate.”

“It can be proven at once. It will take more than three years for the complex to operate properly, and it will take well over five years to feel the economic effects.”

“Korea is not like that. Don’t you know that Koreans are an unrivaled nation in terms of speed?”

“It’s a speed battle, but there’s no basic infrastructure…”

Why is there no infrastructure?

Immediate game feeling is possible enough.

“Ulsan is already home to Galf, an American oil refinery. Raw materials are obtained from the refinery, and the surplus oil (decomposition gas) that is used in each plant can be sent back to the refinery through a pipe. The problem of supply and demand of raw materials and disposal of by-products becomes very simple.”

“That… such an idea…”

Mister, it is the basis of the plant.

To be honest, even if only some facilities are operated, raw materials for synthetic fibers will pour like crazy.

Nylon or polyester can be stamped and exported to the United States.

“If you lend me 100,000 IDA loans, I will prove it within this year. 1 million dollars in US exports alone! How is it?”

This nobleman was the key figure who left Korea with 150 million dollars worth of IDA loans.

Wouldn’t it be chewing gum for $100,000?

“… You’re bluffing.”

“bragging? Why am I bluffing? For only $100,000.”

Think about it. There is no reason to show off your foresight until now, and then make ridiculous boasts.

“… $100,000… yes, that’s an investment. For the cost of observing you.”

David defined $100,000 as an investment in my personal life.

I waited patiently for his next words.

“Can you promise me one thing?”

“Tell me.”

“Even if I go back to the States, please promise to see me at least once a year. Then I’ll lend you $100,000. Among the IDA loan items, it is the title of local consulting in Korea. How is it?”

“!!! Of course you should.”

David decided to connect with me.

It wasn’t too bad for me either.

“I’ll cut the check as soon as you sign the contract.”

David rummaged through the cabinet and brought out the contract.

It was a contract format used by the US Corps of Engineers when signing private contracts with domestic construction companies.

After changing the subject of the contract from the US Corps of Engineers to the World Bank Korea branch, it turned out to be a great contract.

“good.”

I signed the contract as Woo Chan-soo of Daese Corporation.

Swipe.

When I finished signing, David took a checkbook out of his pocket and handed me a check for $100,000.

In the 1960s, I thought that such a contract was possible.

I expected that it would take a fortnight.

“If you go to Jongno, there will be a Seoul branch of the Manhattan Bank of America. Hand me the check and I’ll give you cash.”

“The account is in the name of an IDA loan, right?”

“Of course. If necessary, request a certificate from a Manhattan bank branch.”

“thank you.”

A check for 100,000 dollars… It is 27 million won according to the current exchange rate, but by 21st century standards, it was 2.7 billion won.

In addition, an additional 27 million won can be borrowed.

This is because he said that if you borrow foreign capital, you can get a loan for domestic capital at the same rate.

When I counted that, my heart thumped.

“U.S. exports of $1 million by the end of the year. I am sure you will succeed.”

Even if my performance exceeds 500,000 complaints, this nobleman’s reputation will skyrocket. I’m going to draw a graph where the price of clothing in the US is stable.

“Look forward to it. Let’s film David’s career high.”

“Ha ha ha ha ha!”

As if he liked my answer, David held my hand and shook it for a while.

***

Korea Development Bank Jongno headquarters.

“thank you for your effort.”

“Hey, take a look. president.”

Finding dollars at a bank in Manhattan and depositing them at Industrial Bank was a complete VIP treat.

“Don’t forget to send a bank teller to that business card address tomorrow. We will take over the factory right away.”

“Aww, don’t worry.”

In addition to lending an additional 27 million won, he said he would send employees to take over the factory in Seongsu-dong.

I headed to Seongsu-dong with a bank account with a bank balance of 54 million won.

It’s a little less than the 60 million won that I shouted out to borrow from Sambok, but where is this?

With 30 million won to take over the factory, the remaining 24 million won can buy raw materials and repair machines.

Then, picking the fabric is just a matter of time.

“taxi! taxi!”

“Yes, guest.”

“Please go to Seongsu Industrial Complex. There is a factory called Suil Synthetic Fiber in the alley north of the industrial complex.”

“Yes, guest.”

I wanted to show off to Sambok as soon as possible, so I took a taxi.

‘He’ll be surprised, right?’

I headed to Seongsu-dong, imagining how Sambok would react.

‘uh?’

I arrived near the factory, but unlike my happy heart, there was a fuss around it.

“Boss, where are you!”

“Where are you?”

“Ah, everyone calm down! calm down. CEO Woo Chan-soo is not here today. Go back.”

“You go back. I have to see the face of the boss here.”

“Ah, it’s just nonsense. Everyone please die.”

“What are you, Mara, go back. Get out of the way.”

A huge crowd gathered near Sambok, telling them to get out of the way.

“What’s going on, Sambok?”

“Mistress, what do you do when you come back now!”

Sambok found me and looked like he was about to cry.

“What’s going on!”

“This is President Woo Chan-soo!”

“president!!!!”

People ran to me in pitch black.

**

“Uh, what is this… Why are you doing this?”

A huge number of people rushed at once, and eventually I was driven to the wall.

“Boss, you said you were hiring people to work. The monthly salary is 15,000 won.”

“It is, but…”

“Chansu said you said that, tell the class presidents to bring someone who is good at work.”

Sambok broke through the crowd and came to my side.

I’m not going to lie, but I’m sure there are hundreds of people. Did all of them apply for our factory?

The power of a monthly salary of 15,000 won was so great?

“I do a good job. It was first place at Seongdong Technical High School.”

“I was ranked first at Yongsan Technical High School.”

“I was first in Deoksu Commercial High School. I studied better than the three musketeers at Masan Technical High School.”

Masan Technical High School’s 3 musketeers seemed to refer to the class presidents of Seonggu, Yonggu, and Donggu in our company.

It seems that the former class presidents are quite famous among those who graduated from technical high schools.

That’s why so many people flock to their words.

Yeonsin-gu class presidents shrugged their shoulders and said, ‘Wait in line. line!” was repeated.

“Aren’t you going to hire a female worker? I’m good at my job too. I won first place at the Seoul Women’s Awards.”

“I’m the 1st prize winner. Please pull me out.”

“I’m in first place at Hyosung Girls’ High School. If you choose me, I will work really hard.”

It wasn’t just high school students who flocked.

A number of young students flocked to the school, asking to be hired as female workers.

From what I heard, all of them were prestigious schools.

In the 1960s and 1970s, there were prestigious technical high schools and prestigious commercial high schools.

It was a time when there were numerous brilliant students who gave up on liberal arts high schools because of tuition fees, even though they studied well.

At this time, middle school and high school also took exams to enter.

As with high schools for humanities, so-called prestigious technical high schools and commercial high schools such as Seongdong Technical High School, Yongsan Technical High School, Deoksu Commercial High School, Seoul Women’s High School, and Dongsu Women’s High School were highly competitive.

“Ouch, please stop pushing.”

Sambok and I were pushed behind the factory gates by the crowd.

“Sambok, how many people should I pick here?”

“What are you talking about? How many are you picking?”

They say they are holding a memorial service after seeing rice cakes, so why not hire a new employee?

“Of course we have to hire staff to run the factory.”

“Hey, are you out of your mind? A penny in hand… Shit!”

Sambok stopped talking.

He must have swallowed the words of a man with no money in his pocket running a factory.

“Don’t worry about money, Char Sha.”

“you you…”

When I opened the bank account and showed the balance, Sambok giggled like a madman.

“Didn’t I say I was going to bring you money? now tell me How many people do you need to run the factory?”

“They say they need 3 class presidents and 20 female workers?”

huh? what? If you add the existing class presidents together, that means there are 6 class presidents and 20 female workers. Are the numbers weird?

If there are 4 groups and 3 shifts, there are 1.5 class leaders and 5 workers per shift.

The number of class leaders did not match, and the number of workers was too small.

“yes? What number is that?”

“What are you talking about? You have to pull out that much to work day and night shifts. How about reducing it further?”

“What are you talking about? How do you turn 3 shifts with that number? The factory has to run 24 hours a day. Only then can we handle the volume of orders received.”

“3rd shift? Chansu, you can’t change people just because you start a business… No matter how good your money is… You’re a person who works day and night… Are you saying you won’t pay overtime? Were you that mean?”

what? What’s your reaction?

Sambok raised blood vessels in his eyes and pressed his forehead against me.

If there is overtime, of course you have to pay overtime pay.

However, overtime work in manufacturing production departments only occurs in abnormal circumstances, such as when a worker is not feeling well and cannot come to work.

For efficient factory operation, such situations must be prevented in advance, so it is common to have at least one extra person per shift.

Such surplus personnel usually do quality control, but since they must be veterans who know how to act as workers in emergency situations, they take on the role of leader of each shift.

However, Sambok’s reaction was not of that kind. I was saying that I was vicious for putting my employees on an 8-hour shift.

“No way, are you thinking of running your factory in two 12-hour shifts day and night?”

“Of course. That way, the workers won’t get 4-hour overtime pay and night pay once every two months.”

“… Overtime pay for four hours a day? So, did you come here like that?”

“Of course. You promised to pay 1.5 times overtime pay? No way, did you… just say something?”

Crazy… No matter how good the overtime pay is, how can people work in two shifts day and night since they’re not cast iron?

No, how long can it last?

But if you keep doing that, your body can’t stand it.

In construction sites where shortening the construction period is money, there are times when they are forced to operate 12-hour day and night shifts, but even that does not exceed two months.

This is because if it is longer than that, the fatigue of the workers accumulates and human accidents unconditionally occur.

I thought that the 60’s were the 60’s when so many people flocked to the word that they would properly take care of overtime pay.

“Uhh, got it. okay. Now Sambok understands what you mean.”

“Okay? Then, I will choose the original one.”

“No, pull more. To make a total of 12 class leaders and 48 workers.”

“Ugh! What is more than doubled?”

“The work will continue to grow. You have to select them in advance so that they can be educated all at once.”

It is something that needs to be shown gradually that running in 3 shifts is much more beneficial in the long run, and first of all, we had to select the number of people.

It is best to have the number of people in multiples of 12.

It is because it is a very advantageous number when organizing an organization, whether it is divided into groups of 3 or 4.

“Education?”

“Yes, education! We have to raise our people.”

Even if it is pulled out like this, our factory alone will not be able to cut off the quantity, and we will have to distribute the quantity to subcontractors.

At first, using a subcontractor may seem efficient, but if you don’t grow your own factory, you will end up relying on the productivity and quality of the subcontractor.

In the end, the quality of the final product decreases, and since they cannot compete in quality in the market, they fall into a vicious cycle of looking for subcontractors that produce cheaper products.

Popular groups also fell into such a vicious cycle and failed to become top-notch. I, who lived half of my previous life as a subcontractor, cannot repeat such a vicious cycle.

Since I was reborn as Woo Chan-soo, I will do a proper business in this life. I will raise my people.

“Hey, you have big dreams.”

“Stop joking, let’s move the desk. You and I are the interviewers.”

“yes? interviewer? I?”

This is how the first new employee interview at Daesei Unemployment began.