Chapter 199 Profit-taking Thinking
The 2015 Forbes Global Rich List is out.
With a net worth of US$1.8 billion, Jiang Banxia ranks 863rd in the world.
In 2015 Forbes China Rich List, Jiang Banxia ranked 120th.
Needless to say, he ranked first on the youth list, and no one behind him could compete with him.
Jiang Banxia looked particularly capable in his small suit.
If we didn't know her identity, we would definitely think she was a newcomer in the workplace.
But in fact, she is a master at playing with people's hearts.
Jiang Banxia’s daily schedule is actually very full. Many people want to meet her, and many companies want to cooperate with Wanliu Capital.
But most of them were rejected by Li Yang, because Li Yang was her assistant.
However, there are some that are not convenient to refuse, such as some important media interviews that can be broadcast on the 7 o'clock channel.
Li Yang also took a shot.
In fact, Li Yang is also a big figure, after all, the entrepreneurial project is very large.
But... there are no results.
Besides, his entrepreneurship was different from others. He did not accumulate energy for research and development, nor did he overcome numerous difficulties to carry out operations and integration.
He just has money, and everything he does is bought with money.
This process only requires hands, but the most difficult part is the management of the company.
But in the early stages, there was no opportunity for management at all, so Li Yang had no sense of presence in several entrepreneurial projects.
Just like decades ago, when a startup team was born, apart from determining the general guidelines, everything else developed on its own. Only when the entire team gradually matured, some management systems were determined.
Only after the business is successfully started will we improve the entire system and pursue both operation and management at the same time.
In fact, Li Yang was also interviewed at that time, but the footage was not released.
At that time, the reporter asked Li Yang a question: "Mr. Li, as an entrepreneur now, what are your thoughts on starting a business?"
"Starting a business? Well... Anyone with 4 billion can achieve what I have, right?"
This kind of negative answer will definitely be passed over, and Li Yang cannot preach against his conscience.
His philosophy is destined to be different from that of most people, because he does not care about the cost, he only wants a result that is neither good nor bad.
Besides, he just wanted to do some small business in the beginning, and managing a large group was too troublesome.
The Starry Sky Chamber is pretty good.
He is now responsible for the opening of the Starry Sky Chamber and the promotion of the app every day.
Currently, there are one million registered users in the Starry Sky Museum app, and many girls in the community post photos of fishing every day.
When Jiang Banxia came back, she saw Li Yang sitting in front of the computer in the living room, dealing with matters concerning the Starry Sky Secret Chamber.
This was also a situation that she did not understand, because any of the projects invested by Li Yang was larger than the Starry Sky Chamber.
But in fact, Li Yang invested the most energy in the Starry Sky Chamber.
He has created three or four related groups and has to deal with a lot of things every day.
He also gave the title of consultant to many beautiful customers of the Starry Sky Secret Room. Their job was to share their lives in the app community every day and to attend five Starry Sky Secret Room activities every month. They received a monthly salary of 2,000 yuan.
You can check in at starry sky secret rooms across the country and have your round-trip travel expenses reimbursed, and you will also earn extra income.
When Jiang Banxia came over, she saw Li Yang reviewing pictures in the consultant group.
They are all beauties.
"Master Li, you don't want to integrate resources to do the most profitable business, do you?"
"Pah, pah, pah! How can a serious person like me think about that kind of thing?"
"Then why are you investing so much energy in the Starry Sky Secret Chamber? What about the Extreme Shadow Car? Although you are not short of money now, but..."
After Li Yang replied to the message in the group, he said to Jiang Banxia: "In fact, I need to learn a lot now. Jiying Automobile does not need me to manage too much now. I just need to grasp the direction and integrate resources. But in the future, if Jiying Automobile becomes a large group, I will not be so relaxed. Although I studied management, the knowledge in books is limited after all. I don't have the confidence to manage a large group well."
Jiang Banxia listened carefully.
Li Yang continued, "So, I'll practice with the Starry Sky Chamber. The marketing and management of the Starry Sky Chamber are relatively easy. From the employees' work mood to the future planning direction of the entire company, it is a very basic project compared to larger groups. If I can't even do well with the Starry Sky Chamber, I'm sure there will be no hope for anything else."
Jiang Banxia nodded.
She can always learn something from Li Yang.
"Then I won't bother Master Li anymore. I'll go take a shower first."
"Okay, okay, I'll cook later."
Just as Li Yang was checking a series of data from the Starry Sky Chamber, he received a message from Li Xiao on WeChat.
"Brother Li Yang, are you still in Beijing? Let's sit down and talk?"
Li Xiao is 44 years old, older than Li Likun, but he has never changed the way he addresses Li Yang.
Li Yang quickly replied: "I'm here, bro. What's up?"
"It's like this, I want to sell some Bitcoins, and after thinking about it, I think only you have the ability to do it, so I want to have a serious talk with you..."
Li Xiao is actually rich.
He was a senior lecturer at New Oriental. After leaving the job, he opened his own consulting company specializing in overseas study services and made a lot of money.
But now he is obsessed with Bitcoin and has handed over the management of the company to others, and the overall effect is not good.
In the second half of 2015, the price of Bitcoin was around US$220. By the beginning of 2016, it gradually rose to US$270.
At first he thought Li Yang wanted to buy Bitcoin, but after waiting for several months, Li Yang didn't buy a single one.
As the person who holds the most Bitcoins in the country, he sometimes needs to take the responsibility of supporting Bitcoin in the forum. After all, if Bitcoin transactions cannot be made, no one will play with it anymore.
In the past few months, he was forced to accept thousands of bitcoins, and all the cash he had was spent.
As the Chinese New Year was approaching, he didn't even have enough cash for the New Year, so he wanted to find Li Yang to cash out some of his bitcoins.
It’s not that he doesn’t want to sell it on the market, the problem is that the daily trading volume of Bitcoin is only a few hundred thousand US dollars. If he sells thousands of coins, the price will probably take half a year to recover.
Currently, Bitcoin is basically guarded by a few people with heavy holdings, and some people are willing to sell everything they have to protect the market.
Li Xiao is one of them.
He always firmly believed that Li Yang would be his strategic partner, and he didn't believe that Li Yang would make a special trip over there just to join in the fun.
"I'll treat you to tea tomorrow morning?"
"I'll treat you, I'll treat you..."
That's how it was settled.
Li Yang was in a good mood. After all, he had waited for a long time and finally Li Xiao could no longer hold back.
He basically had no way to buy from others. Whether the transactions in the market were safe or not was another matter, but he didn't even care about the scale of the transactions.
Even if he spends a few hundred or tens of millions of dollars, under the current situation, it could have a huge impact on Bitcoin.
The bitcoins in Li Xiao's hands are basically equivalent to a dead link, and will not be affected by the transaction.
After all, even if Li Xiao increases his Bitcoin holdings later, the amount will not be too much.
The most important thing is that Li Xiao himself is an anchor point of Bitcoin. The changes caused by this anchor point have already appeared. Even if he increases his holdings by tens of thousands of coins, the butterfly effect produced is controllable.
In fact, at this time, global capital has already begun to deploy Bitcoin, and the current anchor point of Bitcoin has been calculated very clearly. This time it can be considered a market shakeout.
Of course, others may not mind Li Yang joining the game, but Li Yang does not want any more trouble and wants to make money easily.
He can't play the game with big capital.
Anyway, he is not planning to sell it in the short term, so there is actually no difference between the cost of two hundred dollars and three hundred dollars.
…
The next morning, he met Li Xiao.
The entire meeting lasted six hours and was mainly about going through the formalities.
Li Xiao sold a total of 10,000 bitcoins this time, one thousand of which were divided into ten parts and transferred to Li Yang's wallet.
Each transaction needs to be confirmed, and this process takes anywhere from thirty minutes to an hour.
According to the market price of the day, Li Yang transferred 2.9 million US dollars to Li Xiao using the account of Convolution Company.
This is a very small deal, at least considering Li Yang's current status.
Ten thousand bitcoins are not Li Yang’s ultimate goal, but just a base warehouse.
With this base warehouse, Li Xiao also opened up a channel, making trading much more convenient after the New Year.
Because every year is a test for Li Xiao.
For example, this year, the price of a bitcoin will rise to one thousand US dollars. Would Li Xiao not be tempted when faced with hundreds of millions of dollars in wealth?
The transaction was not public and Li Xiao also promised not to tell anyone.
After all, Bitcoin is nominally illegal in the country, although there are no penalties.
Li Xiao originally wanted to sell 20,000 bitcoins, because 20,000 bitcoins were just enough to cover his costs, and the remaining 80,000 bitcoins were pure profit.
But Li Yang only wants ten thousand.
His plan failed.
He has not yet recovered his costs, which leads him to continue investing energy in Bitcoin. Whenever there is an opportunity, the first thing he thinks of is to sell part of it.
This is a kind of psychology. He is born with a profit-taking mentality.
Otherwise, they wouldn't have cleared out their positions and run away at $20,000.
Because at that time, he felt he had earned enough.
His profit-taking mentality has existed since he first came into contact with Bitcoin four years ago, and it is something that will accompany him throughout his life.
In 2011, he sold three-quarters of his bitcoin holdings to lock in profits, but later invested again.
…
Li Yang was in high spirits as he looked at the 10,000 bitcoins he had obtained. Not to mention how much they would be worth in the future, at least the feeling of finding a bargain would make him feel very happy.
Who knows, when the price of Bitcoin rises to $60,000, you won’t be able to use the money.
But he still had a trick up his sleeve.
Li Xiao wanted to sell 20,000 coins, but he only took half of them because he didn't want Li Xiao to take profit.
He has taken profit, so who should he buy from next time?
Once Li Xiao takes profit, he will have no interest in selling even if Bitcoin rises to one thousand US dollars this year. Instead, he will be able to sit back and relax, and no one will think of buying more from him.
Next time he will have to ask Li Xiao to buy at least 50,000 coins. This is almost equivalent to a dead-link transaction and has no impact on the market price.
In the second half of 2017, he can use the name of Gangcheng Company to buy bitcoins in the market, because the transaction volume of Bitcoin will tend to be stable in the second half of next year, and the daily transaction volume can reach tens of millions of dollars. Buying dozens of bitcoins a day is not very noticeable.
At this time, there are only four days left until the Little New Year.
Li Likun and the others have gone home to prepare for the New Year.
Jiang Banxia also arranged the storage space in advance and invited Xiangnu and the others to have a meal the day before leaving.
Li Yang naturally invited Le Wei and Tan Kai who stayed in Beijing to have a meal. As for Chen Weixing? That guy went home for the New Year this year.
After this meal, this year has come to a successful conclusion!
Early the next morning, Li Yang drove with Jiang Banxia towards his hometown.
I didn’t take the high-speed train or plane to make room for others.
"It's Chinese New Year again... Master Li, are we going to set off fireworks this year?"
"It has to be released. When are you going to come to the company?"
"I may have to leave on the seventh day of the first lunar month, but I will ask my mother to see me off, and Master Li will stay at home and spend more time with his family."
"I'll take you to the capital first, and then I'll take a detour to Jiangbei to stay for a few days."
"No, no, after all, we haven't seen each other for half a year. If uncle and aunt knew, they would be angry."
"They are eager for me to marry you. When we talked on the phone a few days ago, they were saying that they should have written the age on their ID card two years older..."
At that time, many statistics were handwritten, and it was quite common to make mistakes when they were finally entered.
Jiang Banxia said: "If I'm two years older, will we no longer be classmates?"
"Emm...it seems to be true..."
"So, it's fine now. I'm beginning to understand Sister Ning's thoughts. Having a stable life makes me feel more relaxed and confident. If something unexpected happens, I can't guarantee that I'll be able to meet someone like Master Li again."
"You can't learn from her, her life will be ruined!" Li Yang quickly stopped Jiang Banxia from thinking this.
It’s over after I studied with Xue Ning. I have to work alone all day without anyone around me. It’s so tiring.
He likes to see Jiang Banxia working hard. If Jiang Banxia stops working hard, he just wants to be a salted fish.
…
On the way, we went to Jiangbei and stayed there for two days.
Before he knew it, Li Yang already had three bases.
Beijing, Jiangbei, and my hometown Jiangcheng.
In Jiangbei, I mainly met Zheng Dasheng and the others. As for Yan Shengping? There was no need to meet him.
We haven't gotten to that level of familiarity with each other yet.
Even if Yan Shengping is so awesome, if he is unwilling to step down, it will not be of much value to him, it is just an exchange of interests.
Before leaving, he met with the employees of Jiying Automobile, especially some engineers who worked with him on algorithm development. These were the employees he valued the most, and they even came up with some relatively advanced algorithm models.
Currently, Jiying Automobile already has a production line, and the factory will be completed in two months at most. The production line is currently being improved.
What is lacking is to empower cars, and algorithms are a form of empowerment.
After Li Yang left, two young men under the age of 30 joined the algorithm engineering team.
One of the men with a crew cut asked the man wearing glasses, "Tang Jianwei, you really don't want to go with us?"
Tang Jianwei adjusted his glasses and said, "The treatment that Jiying Automobile gives me is not bad. As a newly graduated graduate student, I would have been lucky to get a monthly salary of 10,000 or 20,000 yuan, but Jiying Automobile gives me a monthly salary of 30,000 yuan, and I am very satisfied."
Flathead said, "But others offer higher wages. Who would refuse a high salary?"
Tang Jianwei said: "At least I feel stable at Jiying Auto, and the boss is also knowledgeable about technology and can get along well with us. Other companies only raise prices to maliciously compete with Jiying Auto, and it is hard to say how many months they can be stable after joining."
The flat-headed man asked, "You really don't regret it? Although Li Yang understands technology, he obviously doesn't care much about the company. Jiying Automobile doesn't have the gene to build cars at all. His ideas are completely contrary to building cars. He has always focused on other things, not the performance of the car. Isn't the performance of the car a competition?"
"this……"
Tang Jianwei also felt that Li Yang was a little different.
What they research has nothing to do with car performance; they mostly study safety algorithms and smart cockpits.
I bought the chassis, the motor and electronic control, and the battery from someone else.
Our own Jiying Auto is more like a furniture store.
But even so, Tang Jianwei did not think of leaving, as he was very clear about his own worth.
He is not a top talent and should not be earning more than 40,000 yuan a month at the moment.
If someone gives it to you, either the other person is blind, or you are just a tool used by others.
If the other party promises to sign a five-year contract, he is willing to become a tool, but without any commitment to the term, he might not even earn as much as he does at Jiying Automobile.
What's the point of just looking at a few months? He can't live on a few months' salary for his entire life.
Pingtou said: "You don't have confidence, right? Why don't you come with us? We are still a team when we go to another company."
Tang Jianwei shook his head. "Forget it, forget it. I'll just continue to work at Jiying Automobile. But you guys have to negotiate with the other party. You all have non-compete agreements."
The non-compete agreements between these people are actually not that complicated, and even Jiying Automobile may not be willing to pursue it.
He's not one of the top bosses.
However, if Jiying Automobile gets serious about it, each of them will face at least five million in compensation.
The flat-headed man smiled and said, "It's okay. They promised to help us. If Jiying Automobile sues, they will pay compensation."
Tang Jianwei: “…”
After thinking about it, I finally didn't say anything.
To put it bluntly, these people are just workers, aren’t they?
There are people like them in China who have at least 800,000,000 if not one million. Would people be willing to spend millions on each of these people?
But now, people give too much money.
An annual salary of 300,000 yuan and an annual salary of 500,000 yuan are two different concepts.
There is no way a company this big would cheat people on such a thing.
It's clear that they value talents!
It clearly shows that we value them!
They are not like those civil engineering guys, they are sought-after algorithm masters.
"Then I wish you all the best! I just want to make some money within my knowledge."
The flat-head sighed and said, "Then I won't advise you. I hope you won't regret it in the future."
(End of this chapter)
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