Chapter 644 Visiting My Wife



September 5th.

The incident of my younger sister's cheongsam shop being smashed has come to a conclusion.

The muscular man with a flat head could only come up with more than one million yuan after selling all his fortune, which is not even enough to pay a fraction of the compensation.

The rest can only go in and repent.

Chen Pingsheng went to the Red Star Hotel that belonged to his parents' family twice. When it first opened, the business was very good, but now it is just average.

The main reason is not anything else. Group consumption is not encouraged anywhere at present.

I’m afraid that I might get sick or something.

If consumption goes down, which economy will go up? It will probably be those industries that can bring happiness with low consumption.

For example, affordable snacks, mobile games, etc.

These can buy happiness for a small amount of money, but few people like to watch movies that cost dozens of dollars each.

The short drama industry is also undergoing innovation. Rather than saying it is an innovation, it is better to say that it is going to kill off those watered-down TV dramas.

Those short dramas that are highly homogenized are also being further upgraded, and many high-quality short dramas of more than ten minutes have been produced.

Its characteristics are short, fast and refreshing, which perfectly meets the needs of watching dramas.

The market has to undergo major changes, otherwise we won’t have the energy to continuously develop new markets.

Similarly, on September 7, after the establishment of Tengyou Investment Fund, it invested in more than a dozen projects in just one month.

With an investment amount of up to 2.9 billion, this is undoubtedly another newly emerging venture capital fund in the short video field in China.

On September 10, Tengfei New Energy released its new car, and the number of orders continued to soar.

There is constant good news.

Chen Pingsheng didn't pay much attention to these things. He took some time to visit his wife.

Song Yanxi has been busy with the expansion of Tongxin Family recently.

If Shuiyunjian is only affordable for high-end people, then Tongxinjia can be afforded by basically anyone.

Due to the decline in consumption levels, the employees’ income cannot be compared with that of Shuiyunjian’s employees.

The gap between them is more than just a little bit.

The average monthly salary of Tongxinjia’s employees is between 10,000 and 15,000 yuan.

On the Shuiyunjian side, the number is between 40,000 and 60,000.

Even if you add store dividends and various benefits, it still cannot be compared with the purely high-end Shuiyunjian.

A shoulder and neck health program at Tongxinjia costs only one or two hundred yuan.

The minimum starting salary at Shuiyunjian is two thousand, and employees' income naturally follows their consumption.

In order to avoid excessive comparison between the two sides, Song Yanxi simply separated the two companies.

Subsequent financial reports, including employee income, will not be disclosed to each other.

It must be said that it is already very good if you can earn tens of thousands of yuan after studying for one or two years and then graduate.

It’s just that with Shui Yunjian in the front, the employees behind will have a certain gap.

Just completely separate the two sides and you'll be fine.

Once people get used to it, there will still be plenty of people willing to do it.

Song Yanxi had no choice as Shuiyunjian’s revenue had dropped by half this year.

The decline has exceeded 30%, and it is expected to fall further next year.

This is entirely determined by market factors and has little to do with their own operations.

His wife's side has always been composed of female soldiers, so Chen Pingsheng rarely comes and it is not very convenient for him to come.

There are often internal trainings, and the girls are naked during the training.

It would be so embarrassing if he accidentally saw this.

"Yanxi, this Tongxin family should be able to officially turn a profit within two years, right?"

"About two years at the most," Song Yanxi said. "People these days are more health-conscious. They'll find health programs online without much promotion."

"That's good."

Chen Pingsheng nodded. "I don't think there's any need to pursue an IPO for this project in the future. If possible, we should try to increase the income of our employees."

It's not that he is particularly kind, but mainly because this industry gathers some authentic rural girls.

Or they are married women, for whom they will be happier if their boss earns less.

And earning an extra billion or eight billion a year is simply not worth mentioning to him.

He might as well use this kind of project to gather more luck for his family so that they can be free from illness and disaster.

"I'm afraid it's not possible now. Once things are truly stable here, I will try my best to improve the employee benefits. We will only need to keep 8% of the net profit."

The gross profit margin in the health care industry is generally very high. For a project worth two hundred yuan, the product cost is very low.

The only thing that is expensive is the labor cost, and the labor cost in the health care industry is generally between 15% and 25%.

Of course, regular health care is the standard.

For informal ones, the rate is at least 50%.

Taking only 8% of the net profit is already very low, so the rest should be used to provide high income to employees.

This is a low-level industry, and their goal is to open five to six thousand stores within three years.

Assuming that each company has eight employees, there are about 50,000 ordinary female employees.

This is undoubtedly another huge number.

He never expected to make a lot of money in this low-level industry, and mostly just distributed profits to his employees.

"By the way, do you want to become a teacher at the School of Management?"

"Then forget it."

Song Yanxi said, "You're an honorary principal there, but you haven't attended a single class. If I fail to become a teacher and still don't go a single day, there's no point."

"Too."

Chen Pingsheng said leisurely, "I used to want to go there to attend classes regularly, but after a day, I realized that nearly half of them are junior managers from Tengying Group. If I go to teach them, do you think it's like calling a meeting with the boss or a class with the teacher?"

It was for this reason that he chose not to go there very often.

However, Chang Fu was having a lot of fun working there and seemed to be enjoying being a teacher.

He and his wife are both too famous.

As long as you sit there, you will know all the Tengying grassroots people there.

It would be embarrassing if a good management college turned into a meeting of bosses.

Song Yanxi asked him if he had anything else to do in the afternoon. If not, she would invite the management here to have lunch together.

Chen Pingsheng really had nothing to do in the afternoon, so he would go to pick up Big Piwawa in the evening.

There is also a small restaurant next to the headquarters cafeteria, so you don’t have to go out to order food.

You can eat very well here.

Song Yanxi arranged a large private room, which was filled with more than a dozen people, all of whom were senior management of her female army.

Some of them he knew, but most of them he didn't.

My younger sister Chen Qi is still working here, but she works for three days and rests for two days.

It's just a salary for Xianyu.

These rural girls who have become executives now manage their own finances.

The main way of financial management in the early days was to speculate in real estate with the boss's wife, but later the boss's wife sold it.

They followed suit.

After it became difficult to make money from real estate, those who had spare money started to learn how to trade stocks.

All the inside information was still provided by Michelle Song, and she took care of it whenever she could.

Try to help everyone make more money.

(End of this chapter)

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