Erpi Ya and Dapi Wa.

They all have to complete business training in their own companies one after another.

For people like them, the cost of trial and error is actually very high, unless they are hopelessly stupid.

The significance of continuous trial and error is absolutely beyond imagination.

Chen Pingsheng was only responsible for paying the money, and they were allowed to choose the rest.

Whether it's selling alcohol or opening a big snack shop, he doesn't care.

…

The day came to the end of June 21.

The Tang family, who hadn't visited him for more than half a year, came to see him again.

Unfortunately, he had already made a bid last year and it is impossible for him to bid again this year.

The current situation in the real estate industry can only be described as precarious. The simplest reason is that the Hengda Xu belt is still being pressured to deliver the building.

This is also his last chance.

The impact brought by Belt Brother must be extremely bad. If it weren't for some things suppressing him, he would probably be crying every day on short videos.

It is really tragic that I bought a house but cannot receive the rent.

At the beginning of the year, there were also a small number of videos that were unfinished but had a lot of hits.

Now it is completely gone. There is no doubt that these things have been suppressed, or not allowed to be released at all.

The Tang family wasn't completely finished, but at least they were lucky enough to be able to survive. By this year, people in the Tang family weren't so free to go abroad.

It's a typical example of being unlucky and not free.

As for those smaller real estate bosses, they are lucky to be alive.

Chen Pingsheng contacted the chairman of Wanda again, intending to acquire all offline Wanda Plazas.

This time, the negotiations lasted three days but we still couldn't agree on the price.

The Wang family wants a valuation of 180 billion yuan, and he can offer a maximum of 120 billion yuan.

The reason for acquiring Wanda Plaza is to improve the offline sales of Tengfei New Energy.

Secondly, Wanda Plaza is still a high-quality asset with very stable annual rent.

The third and most important point is that Wanda has extremely rich brand resources.

This is of great significance to his Tengyou Media, including Tenghui Department Store and Tengying Entertainment.

It can be said that once he completes the full acquisition of Wanda Plaza, the stock prices of these related companies will soar.

The ceiling will be increased by at least two floors.

What a pity.

The Wang family has been seriously short of funds in recent years, and the core Wanda Commercial Management has been seeking to go public.

He will only have a chance after the asset fails to go public.

As for those who came to him and asked him to buy their properties, he ignored them all.

The cash he can use is getting less and less, and he has to spend his money wisely.

I don’t know how long this illness will last, and I feel helpless and heartbroken.

The days passed slowly... and in the blink of an eye, another year had passed.

Big Butt's wine business started off with a bang, and he even bought a winery in France.

Various celebrity endorsements, short video promotions, and even massive online publicity could not prevent it from ending in disastrous failure.

The main reason is the chaotic internal management of the group.

Various money-grubbing incidents are emerging one after another, and the marketing sector is also changing its policies every day.

It can be said that she has stepped on almost all the reasons for failure.

I don’t know what her father or mother was thinking. They gave her 500 million yuan to start a business, and she can get any resources she wants from the group.

But if you want advice or personnel assistance, there is absolutely none.

This also resulted in Tengying Group not sending a single senior executive abroad for the wine project, which had an investment of over 400 million yuan.

It all depends on this girl in the third grade of junior high school to cross the river by feeling the stones.

There is even a list of reasons why internet celebrity wine companies failed online.

Many people like to express their opinions online as if it were a joke.

Everyone in the know understands that this is just a trial project given by Tengying Group to his daughter.

Failure is normal. If it doesn't fail, it means that Tengying Group will be the one to suffer the consequences.

During this year, in addition to studying, Chen Anan was responsible for the wine business of Anle Group.

The loss of more than 400 million yuan in her first business venture was a big blow to her.

As for Erpi Ya, it has just opened one or two snack shops and they are doing very well.

When stores are opened all over the country, a very complete supply chain including team management is needed.

There is no doubt that apart from providing money and resources, Chen Pingsheng will not send senior executives to manage them.

That would be meaningless and you would have to figure everything out on your own.

The final result was the same as her sister's, with snack shops closing one after another.

In just one year, she squandered more than 300 million yuan of her family's money.

She was not as devastated as her sister. For her, starting a company was just like playing a game.

If you fail this time, just try again next time.

In the blink of an eye, another year has passed, and the days have slowly come to June 2022, summer vacation.

Big Brat didn't get into the best high school in Shanghai based on his own abilities, but only got into a second-tier high school in Shanghai.

Chen Pingsheng transferred her to the best high school without hesitation. As for Erpi Ya, she was about to enter the fifth grade.

A summary meeting was held at home, allowing them to reflect on the reasons for their failures.

Erpi Ya said: "Dad, I have to admit that although I am extremely talented, have excellent grades and outstanding intelligence, but..."

"Just talk about the latter part, don't bring out the former part and then praise yourself."

Erpi Ya is like this. Every time when it comes to criticizing herself at a summary meeting, she will definitely praise herself first.

"I failed, and lost three small goals. The main reason is that the company's employees are all idiots, not smart at all. I need to recruit more smart people."

"You worked for a year, lost hundreds of millions, and that's all you gained?"

Chen Pingsheng had no choice but to give her 300 million yuan anyway.

He also put a lot of thought into the training of his daughters. Even if it meant spending money, he wanted to raise two truly wise businesswomen.

As for the big brat, it’s much better. Given his age, he can still summarize himself better.

She wrote five A4 pages of reasons for her failure, without making too many excuses. Failure is failure.

Chen Pingsheng also allocated her another 500 million from the family fund. Just as Erpi Ya thought, starting a company was just a game for them.

It doesn’t matter if you fail a game, even if you lose so much money.

The most important thing is to be able to summarize the experience of failure in these games.

So as to constantly reflect and improve.

This is the meaning of his family foundation.

Being a good father is never easy. Not only do you have to take care of the family's food, clothing, housing and transportation, but more importantly, you have to raise your children well.

This is the only way to be responsible for their lives.

In his plan, Chen Anan and Er Pi Ya must fail at least three times in a row.

These three times are to let them know themselves clearly. No one is truly extremely smart.

Starting a business is not something that can be done by one person; it requires the coming together of many factors.

Luck, people and location.

Luck is choice, and choice is definitely more important than hard work.

For example, if you want to work in real estate or the traditional catering industry now, you will get the same result no matter how hard you try.

That's the choice.

Harmony among people is what needs to be cultivated in the next stage. The core is to know how to manage people, and the key is to manage those who are truly capable.

Someone who can go beyond his own abilities.

The first three failures will also allow them to slowly explore this area.

Later, he will assign some truly capable people to their companies to help them start their own businesses, while also considering their employment skills and abilities.

After these people leave, they will no longer listen to him, and he will not express any opinions. The rest will be decided by Big Fart and Second Fart themselves.

The number of times Chen Pingsheng planned for Big Brat to fail was about six.

After six times, you will be able to achieve some success and then go to those top-notch companies to intern for one to two years after graduating from university.

She will definitely become a real talent.

This kind of talent is not talent in the general sense, but the kind of talent that can take over the family business.

As for Erpi Ya, she will have to fail at least seven or eight times.

For her, it is enough to keep failing and accumulate experience in playing the game well.

This is a training condition that ordinary families simply do not have, and it is also the prerequisite for the two sisters to be truly excellent.

The focus of the family is on raising children. Xiaoya was hired as a full-time employee after three months of internship.

It took another eight months to become a small deputy section-level cadre in Shanghai.

This is thanks to his investment of over 38 billion yuan in the second phase of Tengying Community.

That was on May 20th of last month, Xiao Ya got engaged in a very low-key manner.

The target is the second son of the former Jinshan District Chief and current Deputy Mayor of Shanghai.

The engagement ceremony for both of them was arranged by their families, and it can be said to be very low-key, without any grand ceremony.

Not suitable for display either.

This was a marriage that Chen Pingsheng negotiated himself, and the relationship between the two families has always been very good.

Don't think that he is being too opportunistic. In fact, with his current abilities, a marriage between the two families would be of great benefit.

People in this circle can fall in love freely, as long as they are of equal social status.

If the gap is too big, it will be impossible.

These things at home are moving step by step in the established direction. The closer they get to this step, the wider the sky becomes.

Only then will I understand more about my own insignificance.

After Xiao Ya got engaged, her sister Xiao Le was about to enter her sophomore year.

He would still be the one to arrange her marriage partner.

Xiao Le almost went astray. A boy in school pursued her for more than a year, and she was very touched.

When the two were almost together, Chen Pingsheng expelled the boy from school.

This is a simple matter for him.

To put it bluntly, his niece, whom he spent so much resources to raise, would never choose to be a college student from an ordinary family.

It's the same even if you have extraordinary talent.

My parents have no connections, so it’s very difficult to make a name for myself in today’s society.

It's almost impossible.

So, he used some means to expel the boy from school.

If you say that the boy is not smart, he is indeed very smart. It would be a lie to say that he was desperately pursuing Xiao Le without any idea.

It was winter again and I ran several kilometers just to buy her a bowl of her favorite wonton noodles.

It's summer again and I'm running out to buy ice cream, or maybe I know everything about cold and hot.

Thoughtfulness, gentleness and talent are all written on her face.

How could all this be possible if Xiao Le hadn't driven a Ferrari outside of school and a Cullinan inside of school?

It's nothing more than an attempt to change his own destiny through her.

This kind of thing only happens in TV dramas and is impossible to happen in real life. His dismissal is the price he pays for having ulterior motives.

Xiao Le remained silent for a long time, and Chen Pingsheng had no explanation at all.

A family like theirs doesn't allow you to act as you please.

How can a girl who spends tens of millions of dollars just for a quick shopping trip be with a man who earns 10,000 yuan a month?

The two people have very different values. Apart from the hormones at the beginning, there is an intense conflict of ideas and values ​​afterwards.

Chen Pingsheng was also reminding Xiao Le not to try to accept ordinary boys who were extremely incompatible with her status.

Her future can only go in the predetermined direction, and her marriage partner can only be chosen by him.

Every step of the big family is no longer so pure.

Although families like theirs seem extremely powerful, their actual foundation is still far from enough.

It is necessary to bind more political resources through marriage.

Before others marry them, they will also investigate their life experiences in the past ten years.

Having had an ordinary boyfriend is a stain on my university life.

Ordinary families don’t pay attention to these things at all, but families like theirs pay great attention to them.

Look at the only son of the Wang family. There has just been a rumor about him having an affair with the giant penguin princess, and it is said that the two families are going to get married.

As a result, the big penguin came out faster than the rocket to put an end to the scandal, and he didn't even look down on his number.

Anyone who has been with an internet celebrity or made news online has cut off their chances of marrying into a wealthy family.

If there was one unexpected thing that happened this year, it was the plummeting stock price of Nvidia.

The 2% stake he held in Nvidia was worth $16 billion last year, but this year it is only worth $7 billion.

Nvidia's stock price has fallen by more than double compared to last year.

Only $350 billion is left, the loss he made on this stock over the past year.

The loss was almost 9 billion US dollars, which is 63 billion RMB.

This is stock market investment. You don’t know what will happen tomorrow, and he is not an invincible general.

He will suffer the loss, but fortunately his business is big enough, so this amount of money will not have much impact on him.

The key is that he did not cash out, always feeling that Nvidia would one day recover.

The biggest thing this summer is the launch of the highest-end SUV model under Tengfei New Energy.

Longteng S900 is about to be released.

It took a year to prepare and 100,000 kilometers of testing and adjustment.

Finally, the day has come when it is actually launched on the market.

However, before going public, he still has a few things to do, one of which is to complete the R&D funds required for Tengfei New Energy in 2023.

Another one is to prepare for the official opening of the North American super factory.

This is probably the last time he will raise money for Tengfei New Energy. After 2023, Tengfei New Energy will completely turn losses into profits.

It has to be said that this is a major event that the entire Tengying Group, including himself, has been looking forward to for seven years.

From the day it was founded, which was early 2016.

Tengfei New Energy will have to allocate more than 40 billion yuan every year for support.

The most valuable stocks he currently holds are 1% of Google and 2% of Nvidia, which has fallen to the bottom.

Chen Pingsheng made a decision that no one could understand, and directly cashed out all 1% of Google's steadily rising stock price.

Based on Google's current stock price, this 1% can be cashed out at about $15 billion.

Converted into RMB, that is 112 billion.

The reason for cashing out in this way is to make up for the R&D funds for Tengfei New Energy's entire series in 2023.

The second point is more controversial. The remaining 72 billion will be used to increase holdings in Nvidia.

When others are selling, he buys.

Based on Nvidia's current shares, 350 billion US dollars is equivalent to 2.4 trillion yuan in RMB.

He invested 72 billion to increase his holdings, which could increase it by about 3%.

Add to the existing two percent, that’s five percent.

This is really betting all the cash on Nvidia during its trough period.

He still firmly believes that AI is the future.

He is willing to gamble more than 70 billion for this. If he loses again, he will not trade stocks for five years.

If you make money, we’ll talk about it later.

Anyway, as long as they can wait until Tengfei New Energy turns losses into profits and Tengde Times goes public, their family will no longer have any pressure.

What remains is how to increase the family's wealth.

Among these private enterprises in China, there are only a handful, less than ten, that are better than him.

No one has more cash than him.

At least he can take out more than 200 billion in cash at any time.

(End of this chapter)