But...

The agency fees for ten years went into his pocket at once, but this money did not become his just by putting it in his pocket. He would have to help with promotion, random inspection of counterfeit goods, etc. He would need to pay for many other things.

Take the current situation for example. How to solve the production capacity problem as soon as possible is a big problem that Han Chudong has to take seriously.

Boss Yang's Guangnian Plastic Factory used to specialize in plastic basins, plastic buckets, ladles, and plastic cups. It had been able to supply Han Chudong with ease before, but now it will be selling to most of the United States. And not just one type of toy, but also ones with slightly more complicated craftsmanship, such as hand-pull handles or pull-out handles. The production of the outer shell is enough, but the internal components have to be produced by other companies.

I haven't calculated the cost of those toys and dolls yet, so I haven't given the agents an accurate purchase quotation. I can only add a rough estimate to ensure I make a profit.

Fortunately, the agents saw that there was money to be made and did not rush to buy the goods. They gave him more than a month to prepare, otherwise Han Chudong would have been driven crazy.

There is no free lunch, and he already has a sense that the next few days will be very busy.

Fortunately, we are still here in Chicago. It’s like the calm before the storm. I can take a break and catch my breath for the next two days.

I went to the bank twice with the check.

He was afraid of being targeted by the tax bureau for treating the money as personal income, so he deposited all the money into the Mango Toy Company account and planned to find a large company for help to see if there was any way to avoid part of the tax.

Having never been so wealthy, Han Chudong doesn't know much about tax matters, so it is necessary to ask professionals for help.

He has a lot of faults, but fortunately he doesn't like to brag. Just like managing a business, it is necessary to hire a few talented people to help.

It was just a minor fight in the past.

After today, there will be more than 20 agents and so many goods need to be produced. If they want to grow and develop, it is definitely not enough to rely on Han Chudong alone. Zhao Dajun and Zhou Nan have a good relationship with him, but their business ability is not as good as Han Chudong. At present, they can only run around him and handle some trivial matters.

When you suddenly become rich, many things become different.

After transferring the money and calling the company accountant, Han Chudong was not in a hurry to return to the convention center. Instead, he sat on a bench by the lake, trying to calm down.

Many things came into his mind.

For example, whether he should take some money to test the waters in the semiconductor industry. Or, for example, as for Baofeng Electric, should he open thirty or fifty branches at once? Anyway, in the future, the agents will buy goods from him with money, and the contract stipulates that there is no credit for goods, otherwise Han Chudong has the right to terminate the contract unilaterally.

It's not a bad thing to use your brain more.

He felt that it would be okay to go to Silicon Valley later. Anyway, it would not cause much stir in the next few years, and the money in his hands would most likely turn into more money.

As for Baofeng Electric, small-scale expansion is acceptable, but sufficient funds must be retained to make timely repairs if any company encounters problems. It should also help accumulate management and sales experience. It is better to proceed steadily, just as Baofeng Electric borrowed money from Mango Toys.

It's his sole proprietorship anyway, so as long as he sorts out the taxes, there won't be any other trouble.

In the short-term development, toys will be the focus; in the long-term, Baofeng Electric is more stable and has the potential to become the second "cash cow".

After sitting in the chair and pondering for a long time, he even considered whether he should build his own factory to produce toys. He felt that the production line might be moved out of the United States in the future, so he decisively gave up this idea. He would rather give up part of the profits and ask other OEM factories for help, so as to avoid tying up precious funds in the factory and bearing the risk of declining sales.

When toys are first released into the market, people find them novel, but the popularity doesn’t last long.

Barbie dolls and Lego all rely on accumulation over time and make money through generations of newborns, which is different from the current development direction of Mango Toy Company. To be honest, Han Chudong is not sure how far this company can go.

But there was one thing he was sure of.

That is, once toy manufacturers in certain countries know about these toys, counterfeit products will inevitably appear. Not all countries have joined the International Patent Alliance, so it is almost impossible to completely avoid infringement. We can only try our best to hold on to the markets in developed countries and regions and make a fortune first.

In his previous life, Han Chudong also thought that counterfeit goods were very good for a while because they lowered the prices of goods. Now that he has started his own business, he realizes how troublesome these troubles are.

But there are ready-made examples to learn from.

They can learn from the management experience of other large toy companies, and also learn from the Yu-Gi-Oh cards and Beyblade racing to make toys into a brand, so that buyers will feel that toys that are not from these brands are not formal.

Since Boss Yang had imitated the Super Magic Ball before, perhaps other manufacturers were already producing it. These issues had to be considered in advance.

When negotiating with Mrs. Johnson, the product director of Fisher-Price Toy Company at noon, Han Chudong also mentioned that he supplied commodity packaging and wanted to create an anti-counterfeiting code to prevent the patent from being abused and causing losses.

Next, Fisher-Price Toy Company will produce those toys and sell them in regions and countries outside the United States where it has obtained the agency rights, so we have to be a little cautious.

As for the patent licensing fee, Han Chudong can get fifty cents for each Super Magic Ball produced, and the licensing fee for a single hand-rubbed bamboo dragonfly is thirty cents.

You can't expect one person to earn all the money. After all, these are markets that he is not yet capable of entering. Instead of letting counterfeit goods run rampant, it is better to get some money back.

Drinking coffee, I find a comfortable position and sit in a chair, thinking about the future.

There is no wrong version in the 1619 book forum!

Han Chudong quickly drank a cup of warm coffee. After he came to his senses, he stretched lazily with a smile on his face. Putting those things aside for the moment, he is now a real millionaire. If he makes up his mind, he can even buy a nice house in Beverly Hills.

Before today, that was just a luxury. Happiness came too suddenly, so much so that I felt a little dizzy... or maybe it was because I drank too much coffee.

At the trade fair.

Someone else decided to be the agent, but Zhou Nan with the watermelon head couldn't find Han Chudong, and he became very anxious.

It was a little after three in the afternoon, and today's trade fair was about to end. Buyers from toy giants such as Lego, Fisher-Price, and Mattel came in an endless stream, with orders of varying sizes.

Some individuals or companies who came to the exhibition after inventing new toys also received large orders, but these did not include the magnetic Rubik's Cube. No one thought that children would like this toy because no buyer could put all six sides together, let alone children.

After Han Chudong came back, he sold the agency rights for two northern states. He spent some time discussing the details with the other party, and started to close the stall after he was done.

Watermelon-head asked him in surprise, "It's not over yet. What if someone comes to negotiate agency?"

"The ones who are supposed to come have already come. The remaining states have small populations. Let's go ask the organizer if we can refund the booth rental for the next two days. After all, we have two thousand dollars."

"Hmm? Are you really leaving?"

"Well, after thinking about it, I'm still anxious. I have to go back and start production as soon as possible. I can't delay shipping and making money. I'll ask about the air tickets later and leave after I talk to the agents. I need to find a company to customize the hand-covering pillow, and I haven't found a source of bubble water yet. I'm very worried now."

This is what Han Chudong really thinks. As a supplier, he has a huge responsibility. The agency rights for the remaining states can be handed over to the company's "old employees" for internal handling. He no longer has any reason to stay.

Mrs. Johnson, the product director of Fisher-Price Toy Company, happened to come over to ask Han Chudong something. When she saw that everything was packed into boxes, she asked with a hint of surprise, "Are you done for the day?"

"Yes, ma'am. I want to go back and arrange the production. By the way, do you know which company can produce the best quality and easiest to make bubble water?"

Mrs. Johnson shook her head and said, "I don't know, but our company should have a list of suppliers. I'll call you when I find them. Can you give me some samples? The people on the company's board of directors want to see what kind of toys I bought..."