With the Time Shop, I Too Am the Greatest Conglomerate of All Time

Episode 29. Hongin Media.(1)

The name was clear.

“hey. Don’t even say that. The world is not as comfortable as an ordinary person like me can dive into.”

“It sounds like you’re practicing pretty hard for saying that. Isn’t it?”

“..Child, you have quick eyes. How did you know?”

“Once you wrap your neck around your arm, you won’t be able to tell.”

“Kuk. Is that so?”

“okay. But don’t you want to become a real martial artist?”

“You know our house very well. My mother is struggling alone to feed her me and her sister, so I should help too. Whether to become a martial artist or not, think again later when you can afford it. There are many people who debut even at a late age.”

But I could feel the sadness in the eyes of the guy who said that.

After dragging Myung-ho out of the classroom, the conversation continued.

“Don’t do that. How about getting some support from our company?”

“Your company sponsorship?”

“Did I say I was starting a business then?”

“At that time, I started working with someone else and the business I did was good. As the business grew a bit, there was a need to advertise here and there. Once you get the sponsorship, and if things go well later, you can advertise for our company.”

“Hey, how good is the business, is it so easy to hear that you’re sponsoring me?”

“I make over 1 billion a month, so it’s going well.”

That was only thinking about shopping malls, and if you include high-casts, it is more than doubled.

Myeongho looked frozen for a moment, then shouted loudly.

“What? 10 billion?”

“okay. So, I can give you enough support.”

“..you. From now on, look directly into my eyes and tell me. What is that business?”

“It’s a business that sells computers and electronics. Don’t worry, it’s not that illegal.”

“..Does it make sense to make hundreds of millions of dollars by selling computers and electronic products? No matter how stupid a country is, I can’t believe such a thing.”

“It makes sense. It makes sense, so don’t think about rolling your bad head. Trust me, man.”

Myeong-ho looked at my face and asked.

“..Really? Are you saying it’s fair?”

“Because it’s true. I’m the guy who got the perfect score. If I keep going like this, I can live a good life, so what am I going to do with something illegal?”

Doubts disappeared from Myeong-ho’s face as to whether it was worth mentioning the perfect score for the entrance exam.

“..but. Since you’re not normally a smart guy, you might have used something special.”

“Do you have any confidence now? It’s hard to convince, kid. So just get support. and i know you well You will surely succeed as a martial artist. So, from our company’s point of view, there is no harm in supporting you.”

Myeongho shook his head as if worried.

“under. this child. It’s almost closed, but you bring up a pointless story and make people goofy.”

“What folded? You only live once, do what you want to do. How heartbreaking would she be if her mother thought you gave up her dream because of her too?”

“..can I think about it a little more?”

“I can wait as long as I can, so think about it.”

“..Anyway, thank you.”

“You don’t say things like that between friends, man.”

In a previous life, this conversation was reversed.

After all, it feels better to receive than to say thank you.

The time has come when the SAT results are announced and all students’ attention is focused on their college applications.

I still spend most of my time in the office.

Daewon-hyung, who was passing by me, suddenly asked.

“Jaewoon. Where are you going to get into graduate school? Of course Seoul National University, right?”

“The electrical engineering department.”

“Uh, didn’t you go to the computer science department?”

“Why me? I’m going to study semiconductors.”

“okay? I thought you were going to go to the computer industry because you were very interested in IT. It’s surprising.”

“There are a lot of people who are good at IT by my side. I have an older brother, and there is also Manager Jung. So, I want to do well in semiconductors.”

In my previous life, I majored in electrical engineering at university.

I was so focused on getting my grades that I couldn’t study properly.

This time, I was thinking of studying semiconductors step by step from the basics.

“But what do you do with semiconductors? Do you want me to go into the cheerleading electrons?”

Daewon hyung’s mouth went up as if he was laughing even after he said it.

“How much money am I going to get in there? I don’t know if I can start a semiconductor company.”

Daewon hyung laughed out loud.

“haha. The joke you just said was a bit funny. You’re going to start a semiconductor company, you know.”

But Daewon hyung looked at my face and stopped laughing.

“..are you serious?”

“yes. I’m going to start a semiconductor company.”

“You know that it takes at least hundreds of billions of dollars to start a company like that, right?”

“I started this business to make money.”

Daewon couldn’t speak right away, probably because his brother was startled, and after a while he opened his mouth.

“ha. The pictures you draw are always beyond my expectations. I never dreamed that I would be thinking of starting a semiconductor company.”

“Fufu. A man should dream big.”

“..it can’t be simply said that it’s big, right? It’s a semiconductor company. There are very few places where even chaebol groups have semiconductor companies.”

“What kind of chaebol groups were chaebols from the beginning? There is nothing that I cannot become a chaebol. Whoops.”

After a long 1997, it was January 1998.

The media was pouring out articles every day that the company went bankrupt or was in danger of going bankrupt.

As if to reflect such a sense of crisis, people started closing their wallets.

Although our Da-ga-yeo shopping mall was also affected, the sales of assembled computers decreased a lot.

Overall shopping mall sales increased slightly.

This is because sales of computer parts and electronic products have increased instead of assembled computers.

It was because more and more people came to our shopping mall with competitive prices thanks to the difficult game.

The IMF financial crisis was hell for the unprepared.

On the other hand, if you are ready, it was also a good opportunity to take a further leap forward.

In order not to miss the opportunity, we generously poured out our PR expenses.

It has widened the gap with competing online shopping malls.

Although domestic sales of the MP3 player P-32 declined.

As the number of shipments to bestsellers has increased significantly, Hicast’s monthly net profit has already surpassed that of shopping malls.

Then, Manager Noon Oh-chan passed by me with a dark face.

“Chief. What are you doing these days?”

It’s not a face, it’s not.

“Don’t do that. tell me do you know May I help?”

Director Jung hesitated for a moment, and then confessed.

“Actually, the one-billion-dollar loan to Hongin Media is due this month, and there is currently no way to stop it.”

“okay? In today’s atmosphere, it would be difficult to extend the expiration date, but Hongin Media CEO must have a lot of worries.”

Hongin Media, the president of the magazine, has a lot of troubles.

It was an opportunity for me.

“I’ll see if there’s no way I can help.”

Manager Jung was baffled.

“Is that true?”

“Yeah, I’ve had a lot of help in leading the shopping mall, but it’s a bit too much to pretend I didn’t see it like this.”

“thank you. Director.”

“The problem has not been resolved yet, so there is no need to thank you already.”

“Although it is. If the director comes forward, I know that saving Hongin Media is not a business.”

I’m sorry, but the way to save it is going to be a little different from what you imagined.

“I am more than grateful to you for believing in me. fufu. Anyway, please wait. Straighten your face.”

Hongin Media’s representative office.

“hello. Mr. Ji. It’s the first time I’ve seen a real face.”

I heard that he was in his 50s, but on the surface, he looked almost 70 years old.

“welcome. I heard that a young man is coming, but are you still in high school?”

“yes. I will be graduating next month, though.”

“I was an executive at that age. I don’t think he’s usually a high school student.”

“haha. I hear that a lot. Then, shall we talk about work?”

“I heard that you will invest 1.5 billion won. Thank you for investing in a time like this, but it won’t be free. What can I give you?”

“I will leave 20% of the stake for the president.”

The CEO gave a disappointed expression.

“her. That means more than 80%.. Only 15 billion.”

“yes. But even if the boss rejects the offer, I don’t care. No, it’s better.”

President Ji made a face that he did not understand.

“..what does that mean?”

“If Hongin Media goes bankrupt, Manager Jung Oh-chan, who has nowhere to go, will naturally remain with us.”

“Are you saying that the purpose of making an investment proposal now is Manager Noh Chan Jung?”

“yes. In fact, the company itself, which is running in the red, is not very attractive to me. Spending 1.5 billion won to get an 80% stake in a company like this is foolish.”

“..But why did you make such an investment proposal? They said it would be better for us to go bankrupt.”

“To win a person, you must first win a heart. Even if the boss refuses and goes bankrupt, Manager Jung will remember that I tried to help the boss. In any case, it would be a favor to him.”

“Then I have no choice. like. I accept that condition.”

“All right. And I’m sorry, but a new representative will come after the contract is signed.”

“Does that mean that you will see me and step down from your position as representative?”

“yes. It will be difficult to accept. Of the 1.5 billion won invested, 1 billion won will be used to pay off debt, and the remaining 500 million won will be used for retirement.”

“500 million won is not a small amount of money for the money given to the person who ruined the company.”

“yes. Instead, please be organized so that there is no noise when you leave.”

“..I know. Who are you planning to take over?”

“I’m thinking of Manager Noon Noon.”

Ji’s face brightened a little.

“..I’m glad if it’s Manager Jung.”

So, after finishing the investment contract, I called Manager Jeong.

“Chief. Let me see.”

“We provided 1.5 billion won to Hongin Media. It will never go bankrupt.”

Director Jeong bowed his head with a happy face.

“Thank you very much. Director. I will never forget your help.”

“You have a quick temper. If you listen to what I have to say and still appreciate it, say so. In return for the support, Hongin Media entered as a subsidiary of Damoye. President Ji has resigned from his position as CEO.”

Manager Jung was shocked by the words, and could not speak right away.

“I am thinking of Manager Jung as his successor.”

“..Me?”

“yes. And although CEO Ji resigned, he left 20% of the stake. I want to tell you that if Hongin Media does well, it will also be beneficial to CEO Ji.”

“Are you sad?”

“…Honestly, a little bit.”

“I am not a philanthropist, and there is no way I can provide 1.5 billion won without any conditions to a company that is running in the red. If you donated 1.5 billion won, it is natural that you should receive that amount, and in return, you only received a share. In addition, he gave me up to 500 million won for CEO Ji’s severance pay.”

“It is a company that Mr. Ji has nurtured all his life. I think it was a bit too much to bring 80% of the shares for just 1.5 billion won.”

“You are naive. There are many rich people in Korea. But why did so many people turn away from Hongin Media? Because it’s not worth the investment. If it wasn’t for me alone, I wouldn’t have invested even a single million won of money if it had nothing to do with Manager Jung.”

Director Jung asked with a face that was hard to believe.

“..were we, Hongin Media, a company that was not worth that much from the outside?”

“yes. So, Manager Jeong, go and change it. With 1.5 billion won, it’s a company that can’t even get 0.8%, not 80%.”