Chapter 832: The Brilliance of the Magic City



The splendor of the Magic City carries the joys and sorrows of too many ordinary people.

The prosperity of a city requires countless ordinary people to lay the foundation.

In the past, the era of large real estate was completed by their fathers.

Now that the times have evolved to the point where technology changes destiny, the founders of these cities have become the sons of farmers like them.

No matter how the times progress, there will always be a group of people standing in the clouds and looking at everyone with indifference.

Chen Jiye is a 8th grader in junior high school. His family's high hopes and elite upbringing have allowed him to display extraordinary talent since childhood. His character and moral integrity far surpass those of his peers.

He maintains a low profile on campus, but still receives daily observation reports from hundreds of people.

Although the results were not satisfactory, he still insisted on recording the trajectory of each sample.

September, a sunny day.

A pretty girl downstairs seems lively and passionate like fire.

She is as vibrant and energetic as this summer.

"Chen Jiye...I want to be friends with you."

Making friends is not falling in love, but it was just something a little girl like her shouted out with a loud speaker.

This still surprised all the teachers and students in the school. Xiao Jiye didn't know what happened, he only knew that a girl downstairs was trying to disturb his studies.

He wanted to draw his sword and chop it off again and again.

Any behavior that affects learning is not suitable for him at his current age.

The girl came from a good family and was a native of Shanghai. She had liked Chen Jiye for a long time.

It's just a pity that he never spends his time on things that waste his time.

At least not now.

When something like this happens in school, the teacher has to call the parents. When Chen Pingsheng came over, he just laughed and said nothing.

He also asked Jiye to add the girl on WeChat.

If two people are destined to be together, there will naturally be opportunities in the future. If they are not destined to be together, it will just be a small memory in their lives.

Jiye, including Chen Youcai and others, have to wait until they reach college before considering their own relationship issues.

Getting involved in a relationship too early is not only irresponsible to the girl but also to yourself.

Pawnshop No. 8 opened for business for the second time and changed its name to No. 8 Investment Company.

The Pawnshop No. 8 in the first phase was just to make Xiao Jiye understand that wealth requires a similar mentality to control.

Ordinary people who become rich overnight will only lose their mind because of the sudden increase in wealth.

This situation also happened repeatedly in the short video internet celebrity industry.

If you want to control your wealth, you must first cultivate your character.

Ordinary people can only learn how to make money, but no one will teach them how to control money.

In the second phase, Pawnshop No. 8 selected one hundred college graduates as investors.

One hundred ordinary but hard-working workers, no matter what dreams they have or what big careers they want to achieve.

They can get a total of 50 million yuan in three stages.

The first phase of funds is two million, the second phase is 20 million, and the third phase is 28 million.

When starting a business, it is impossible to get all the money at once. It requires a gradual process.

And this process is what Xiao Jiye and three generations of the Chen family have to learn.

They need to use other people's failure processes to understand the pitfalls of entrepreneurship.

What you learn from books is always superficial. Only by participating in the process yourself can you better understand the truth of entrepreneurship.

Chen Pingsheng also summed up certain failure experiences from his son. When it comes to the cultivation of three generations, he pays more attention to character and failure experience.

It is extremely luxurious for anyone to experience the failure process of 200 people using 10 billion yuan of funds and experiencing the pitfalls of entrepreneurship.

It is also something that ordinary people cannot reach at all.

This shows how difficult it is for a poor family to give birth to a noble son.

The rich not only control social resources, but also control most of the channels for upward mobility.

People like Xiao Jiye have been supported by unlimited resources from research institutes, including top educators, since childhood.

When you grow up, the bottom line is the ceiling for ordinary people.

Even though Chen Lu has already been declared a failure and cannot achieve great success now, he can still make money easily from small businesses.

This is a dream that ordinary people cannot achieve.

The subsequent tracing process took three years.

After three years, only one person was doing okay, but only okay.

The other 199 people failed due to various entrepreneurial traps.

What many people think about most during the entrepreneurial process is what will happen after they succeed.

Only a very few people think about failure.

Those who can understand failure will often be successful.

Time flies so fast, and three years have passed in the blink of an eye.

Chen Jiye is already in his second year of high school, while Chen Pingsheng is already 65 years old.

In a few years he will be 70.

Even his wife Michelle Song is already sixty years old. Time cannot be reversed and years cannot be changed.

On September 1, 2049, Zhang Wanyi became the most successful working woman in the world.

She is really amazing and wants to be the best in everything she does.

After retiring from Tengyou Media, which had a market value of trillions of yuan, it took him eight years to rise from the position of vice president to the position of president of Economic Research Island.

What is the significance of this position?

It controls nearly 100 industries in China and manages over 1,000 listed companies around the world.

The company owns 3 trillion in cash that can be mobilized at any time.

Before her, the position of dean had always been held by Chen Pingsheng, and he was the only one who was qualified for the position.

After Zhang Wanyi arrived on the island, it took only eight years for her to become the world's most successful working woman.

One of the four most important units under the Institute of Economic Research is a consulting team composed of executives from the world's top 500 companies.

They all started out at the CEO level of Fortune 500 companies.

There is also the School of Economics and Management, which is one of the world’s top internal institutions.

Every three years, we recruit 3,000 top talents from around the world and train them on the island for three years.

After three years, they will be assigned to various companies under the group.

Over the years, most of the group's senior executives have become these people.

And because of three years of internal academy training, both the group culture and the group beliefs can achieve unprecedented unity.

This is the group's most cutting-edge talent pool, and the other is the Global Industrial Economics Research Center.

It is also the think tank core of the group.

These three parts are the core driving forces that propel the group forward.

As for the fourth part, it is also a supervisory system that is independent of the group and enjoys the highest power.

Possess the highest audit authority of the group.

Their responsibility is to supervise and inspect executives and projects across the group.

Have the right to review all unreasonable investments and projects.

Zhang Wanyi's promotion to dean means that she has initial control over these four core departments.

She has nine vice presidents under her, including Chu Qiuyan, as well as Chen Anan, chairman of Tengfei New Energy, chairman of Tengfei AI, and chairman of Tengfei Mobile.

Anyone who can become a vice president must have started out as the president and chairman of a trillion-dollar enterprise.

It can be seen to what extent Zhang Wanyi's power has expanded now.

It is no exaggeration to say that if she were to leave the island now, she would be the chief seat in any meeting.

For someone like her, hard work alone is not enough.

You also need extremely strong talent and unprecedented opportunities.

Zhang Wanyi took the position of dean, and the entire group, including the companies they invested in, received an internal letter.

This means that she became the number one person in the group and had the highest supervisory and scheduling control over the entire group.

Not only did the news get received internally, but the outside world also received the news.

There are even countless media outlets that have detailed Zhang Wanyi's past career experiences, and she has truly achieved her lifelong wish.

Compared to her previous position at Tencent Media, this position truly puts her at the top of the world.

A position like this cannot be achieved unless you are fifty years old.

Now, Zhang Wanyi is already in her fifties and almost sixty.

The president is elected every five years, with a maximum of two terms.

In other words, her best outcome is to stay in this position for a full ten years.

When the ten-year term is up, she will retire completely and become one of the seven elders of Economic Research Island.

Although it is a sinecure, he is qualified to recommend and elect the next president.

Chen Pingsheng is now one of the seven elders, and the others are the seven chiefs who started working with him the earliest and have been growing together with Tengying Group.

Now, if these people don't stomp their feet, the business world will be shaken three times.

Being able to reach Zhang Wanyi's position also means that her family will have no worries for ten generations. As long as Tengying Group is still there, it will ensure that her Zhang family will be rich and prosperous for ten generations.

The position of dean will only be selected from among the nine vice deans, and those who want to become vice dean must have at least eight years of experience as president and chairman of a trillion-level group.

Even Chen Anan is still in this situation, so Anan is still far from being qualified to be the dean.

This shows how high the threshold is for the position of dean.

The development of Tengying Group is no longer restricted by any country, and it has become one of the top 20 giant conglomerates in the world.

Those that are stronger than it are all century-old conglomerates.

For example, the Rothschild family, which influenced global finance in the early 19th century, and the Morgan consortium, which once dominated the American economy.

Or maybe the Rockefeller Group, the largest oil monopoly in the United States.

There is also the Mitsui Group, which has the longest history and can be traced back to the Meiji Restoration era.

Mitsui has always been known as the largest financial group in Asia.

There are also Tata, India's largest conglomerate.

A consortium is not equal to personal wealth. It is a huge force accumulated by a family or several families united together over hundreds of years of sedimentation and development.

Among them, Tengying Group is the youngest.

Its current industry relies on technology and extends its tentacles into major industries around the world.

It took thirty-seven years to reach the threshold of becoming a global giant conglomerate.

In fact, the development of the consortium model is not allowed in China, but what Tengying Group has done has always been well received.

In particular, it uses the money earned from the global market to widely support domestic agriculture, including basic industries.

Only by vigorously developing its own scientific and technological fields can it develop an economic and research island of its own independently.

Outsiders are not aware of the strength of Jingyan Island, but insiders are very familiar with it.

It is no exaggeration to say that it can easily buy ten giant unicorn companies.

It can also change the underlying ecological rules of countless industries with just one word, and can also influence millions of ordinary people.

This also means that Chen Pingsheng, who is approaching 70 years old, has officially entered his retirement age.

Even the position of dean was given up, which also meant that the era of Economic Research Island being served by him alone would continue.

Completely over.

Now it has become a fair election, held every five years.

If An An can successfully become the dean in the next twenty years, it means that the second generation of their Chen family has perfectly taken over the baton of power.

Erya Chen Xinyi doesn't have any chance at all. She has become completely independent from the group and is engaged in financial investment on her own.

She is rich for sure, but her status is far inferior to that of her elder sister Chen Anan, let alone the other eight vice presidents.

Social status is not just about being rich; it requires so many other aspects to complement it.

Such as industry contributions, promoting national industrial upgrading, and affecting the employment of tens of millions of people.

Erya and Chen Xinyi don't have these things.

As for her younger brother Chen Lu, there is even less to say, ever since he cheated on her with Zhang Qian and gave birth to an illegitimate child.

His small company is still the same as it was five years ago.

Chen Lu definitely has no shortage of money, and he can easily earn 100 or 200 million every year, but his family doesn't recognize him as an illegitimate child.

The Chen family will not have any inheritance rights in the future.

As for his wife Su Xiaoxi, they have not divorced, and Su Xiaoxi also tacitly acknowledges the fact that he has a woman outside.

She devoted more of her attention to her career.

Money alone is not enough to satisfy her. In the three stages of life, no one can avoid power.

The pinnacle of domestic business power is on the Economic Research Island. Once you can become a vice president on the island, your social status after you leave will be completely different.

Not to mention the position of dean like Zhang Wanyi.

Su Xiaoxi plans to integrate and package his Tenghui Capital to create a trillion-level investment and financial industrial group.

Based on the group’s work achievements and results, the next vice president will be nominated.

Even if she lacks the qualifications, it will be more than enough with the help of Erya Chen Xinyi.

If the two of them work together to qualify as a vice-president, they will be able to get the position of vice-president.

Later, through the position of deputy director, he understood and intervened in the top operations of the four core departments of the entire group.

There is hope of reaching the summit in the future.

The best business model is no longer about methods or approaches, but about balancing all parties through mechanisms, just like managing a country.

Then, we will develop the giant merchant ship of Tengying Group through the most fair and just personnel selection model.

The lower-level employees cannot see the changes in the upper level, but the upper level cannot forget the lower-level employees when they change.

Only by combining both can a century-old merchant ship be built.

The development to date also means that Tengying Group has completely completed its superstructure.

It allows everyone to clearly see their own path to advancement and also provides opportunities for everyone to seek.

We don’t know what the future will be like, but at least the current Tengying Group, including Jingyan Island, has fully improved the company’s development mechanism, including talent cultivation, senior management changes, and other aspects, and has formed the best automated operation model.

This model has only been established for a short time, so Chen Pingsheng will have to wait and see for another twenty years.

Wait until it can really work well on its own.

He is only sixty-six, and he still has twenty years to watch how it develops.

Whether it is An An or Su Xiaoxi, it can be said that they are doing very well now.

If two more such talents emerge in three generations, the slogan of Lao Chen as a century-old family will be truly successful.

Even if he has left by then, he will have lived up to his youth and his passionate young years.

(End of this chapter)

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