Chapter 6 False and True Genius



Before they knew it, the two of them had walked along the winding narrow path and reached the top of the rockery.

I saw an octagonal pavilion built on the flat ground above the overlapping rockery.

Zhao Hao looked left and right in the pavilion and saw the entire garden in his sight. He could also see the host's banquet in the distance.

"The Ministry of Personnel will not agree, right?"

"Uncle, a seventh-rank county magistrate, must be appointed and dismissed by the Ministry of Personnel." Jiang Xueying said in a soft voice, "I heard that they can do a lot without going through the Ministry of Personnel."

Then she said to Zhao Hao apologetically: "I don't know much about official affairs. Hearsay is not reliable."

"I'm sorry, sister. I'll ask grandpa for it." Zhao Hao smiled gratefully, and suddenly he felt tired. He remembered that he should take a nap. He yawned and asked, "Is there anything else, sister?"

"..." Jiang Xueying felt a tightness in her chest when she heard that. Is it so painful to just take a walk with someone?

"What? It's inconvenient to speak?" Master Zhao looked at Jiang Xueying puzzledly.

"No." Jiang Xueying forced a smile, then cheered up and said, "I have two questions for you, brother. First, I heard that you opened a Xishan Company in Beijing, and sold shares to wealthy families in Beijing, making a huge profit."

All the money Zhao Hao earned was deposited in Wu Ji.

Jiang Xueying always paid attention to his every move, so she naturally knew that Mr. Zhao had earned a huge sum of two million taels through the two stock sales.

It only took Zhao Hao one year to go from being penniless to being wealthy enough to rival Wu Ji.

Xue Ying felt that her business talent, which she had always been proud of, was simply not worth mentioning in front of Zhao Hao.

His series of unprecedented magical techniques made Xue Ying dizzy and stunned.

She had completely given up the idea of ​​competing with him, and now she just wanted to learn from him and see if she could keep up with Zhao Hao's pace...

That's why he said things like "I'd be willing to be taken away", which can easily lead people to think of the wrong thing.

~~

The bright starry eyes of the little ice beauty revealed fanatical admiration.

"I have carefully read the company charter drafted by my brother and feel that this is the greatest invention since the beginning of the world. I really don't know how my brother came up with it."

Zhao Hao's eyes lit up when he heard this, and he was no longer sleepy after hearing this.

It has been several months since Xishan Company was established, but everyone's attention is focused on the ever-rising stock price.

However, no one realized that the most valuable thing about Xishan Company is actually its new business model of "joint-stock company".

If you want to have an industrial revolution, you must first have a commercial revolution. Without a successful commercial revolution as a foundation, any technological progress is just a toy for scientists, and will not be transformed into real productivity, let alone promote the progress of the entire society.

The joint-stock company is the 'steam engine' of the commercial revolution!

Zhao Hao released it in the hope that it could drive the commercial revolution of the Ming Dynasty forward, rather than simply relying on the vulgar method of making a fortune by selling stocks.

When Mr. Zhao does business, making money is never his main purpose...

But so far, even if someone starts to follow his example and set up a corporate system, they are just trying to copy his shortcut to making money.

Jiang Xueying is also the first person to focus on the business model itself.

Now Master Zhao, who had always been traveling in fine clothes at night and had no one to brag to, finally found an audience.

In this beautiful pavilion, he excitedly explained to her the company's structure, operation and advantages.

Jiang Xueying sat quietly aside, looking up at the young man who was shining in the sun, listening to him paint a grand blueprint with highly provocative words!

"The joint-stock company is the most effective and outstanding business organization model that we can think of at present! It makes cooperation between strangers who are not related by blood or geography possible."

"That's why it can gather the power of millions of people into one, becoming a super existence that can surpass all businesses and business groups! It will be a behemoth that no one can shake!"

"It is by no means as simple as a business company or a merchant group. It can use its own power and influence to promote the prosperity of commerce, advance science and technology, improve people's living standards, and then profoundly affect all aspects of the Ming Dynasty..."

The girl, who was usually as cold as ice and snow, was also stirred up by his passion and asked with emotion: "So, can businessmen also change the world like scholars?"

"Of course!" Zhao Hao nodded heavily and said, "This world shouldn't be dominated by scholars alone!"

"Brother." Xueying stood up, clenched her fists tightly in front of her chest, and said with a red face, "I also want to turn Wuji into a company. I hope I can contribute to the arrival of that day!"

"Of course!" Zhao Hao happily jumped onto the stone bench and said, "With your talent, you can definitely help me a lot!"

"Yes." Xueying nodded solemnly.

~~

After calming down his excitement, Zhao Hao asked again, "What's the other one?"

"That's a small matter." Xueying replied softly, "Last year, after learning about 'buy short and sell short' from my brother, I thought that it might be able to solve a big problem."

"What's the problem?"

"Wu Ji's head office is in Suzhou. Suzhou was originally a land of plenty, but because the silk industry was so profitable, the people abandoned rice and planted mulberry trees. Therefore, most of Suzhou's food rations were shipped from Huguang."

"Yeah." Zhao Hao nodded to show that he understood.

Suzhou had long since transformed from a granary of the world into an industrial and commercial metropolis, and its status as a major taxpayer of land taxes had also been replaced by Huguang.

Of course, the growth of commercial and handicraft taxes in Suzhou has completely compensated for the reduction in land tax, so the taxes paid are still far ahead in the country.

"This will lead to a serious problem. The grain price in Suzhou fluctuates greatly with the seasons. During the harvest season, a huge amount of grain flows into Suzhou, far exceeding the needs of the citizens. This causes the grain price in the market to plummet, and the grain merchants often cannot even recover the freight costs."

"When the famine came in the spring of the following year, the grain stores had run out of food, and grain prices began to soar again. The most expensive grain was twice as expensive as the cheapest grain."

"Merchants saw that it was profitable and hoarded grain to be sold next year. Our Wuji was no exception, but this brought three serious problems. First, it took up too much money for too long. Second, we had to bear the risk of keeping the grain through the winter. Third, if the grain price did not rise to the expected level next year, we might not even be able to recover the cost. This has been a headache for me."

"Last October, after consulting my brother, I suddenly understood. As soon as I returned to Suzhou, I asked the shopkeepers to negotiate with the buyers to reach a sales contract in advance at a more favorable price, and then deliver the goods during the spring famine next year. Many merchants were willing to choose this trading method in order to buy grain at a relatively low price during the spring famine. As a result, all the grain in the warehouse was ordered before the New Year, and the deposits alone almost paid off."

"The only cost is a little less profit, but the risk is completely transferred!"

There wasn't a trace of indifference on Jiang Xueying's face. She looked like a junior high school student who had scored full marks in an exam, with a face full of "Praise me now, praise me now!"

ps. First update. Please give me monthly votes and recommendation votes~~


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