Chapter 333 A dead Taoist friend is not dead but a poor Taoist

“Now I officially announce that the Shunfeng Group Financial Working Group has been officially established!”

“I am the team leader!”

“Wang Qi is the deputy team leader.”

“Zheng Xiaotong is appointed Secretary General!”

“Meng Junhui is appointed Chief Technology Officer!”

After Wei Xiao announced the appointment passionately, Zheng Xiaotong was so excited that she couldn’t help but want to applaud.

But when she saw that the big guys on her left and right didn’t move, she held back.

Think about it carefully.

its not right.

Is the young boss making another big promise in such a calm and peaceful manner?
Ok!

There are four people in the technical working group, each of them is a leader.

It sounds impressive at first, but it is actually useless.

Because it was a secret working group, she couldn’t even print the title of Secretary-General on her business card.

Wang Qi was also unmoved because he was the head of Shunfeng Investment.

Titles are really unimportant to him.

He wanted to know how done the boss’s cakes were.

“Boss Wei, do you have an overall plan?”

Wei Xiao waved her hand modestly: “It’s not very specific for now, this requires everyone’s collective efforts.”

“What do you think?”

“This is a separate project from the overall business, so the resources we can mobilize are very few.”

“how many?”

Wei Xiao pinched out a little with her index finger and thumb: “It’s so little. I will use my private money and a small amount of idle funds from the company to achieve less than ten small goals. This is all our assets.”

Starting a business capital is a must.

Normally she has no worries about having money.

The point is that now is unusual.

If Shunfeng wants to withdraw money, it can take out some.

But it will be noticeable.

When Shen Xin and the others ask about it, I won’t be able to cover it up.

Because she knows.

When the whole company is clamoring for innovation, it will definitely not be supported if you take money out to start a side business.

Just thinking about it makes me feel that it is fate that plays tricks on me.

When I shouted out the slogan that there is no limit to innovation, not many people supported me, so I had to move forward alone.

Now I want to turn around and pursue high profits, while others are running towards unlimited innovation.

The bullet finally hit him between the eyebrows.

So Wei Xiao can only collect money quietly now. Ten small goals is not a small amount and is enough to do something.

But when Wang Qi heard this number, he frowned slightly: “Ten…”

“Too little?” Wei Xiao asked warily.

“It’s not that I think it’s too little. Since I want to work in finance, the more the better. Ten is really not enough.”

Wang Qi has been dealing with finance for most of his life.

This is a money-making business.

The amount involved in any fundraising fraud is dozens of small targets.

Ten is not too many.

Upon hearing this, Wei Xiao immediately started to pua: “We are engaged in finance, not charity. How can we use our own money to engage in finance?”

“So what do you mean?” Wang Qi felt that the small boss was hiding something big, so he tried to persuade him.

“I have 1 billion on hand, right?”

Wei Xiao picked up a date from the fruit plate, representing 1 billion yuan in capital.

“I will lend this 1 billion to you, Lao Wang, and you will pay 20% interest.”

After saying that, Wei Xiao grabbed two melon seeds and placed them on her side.

Then he took out a candied fruit to represent the IOU.

“In this case, I will have an IOU of 1 billion and interest of 200 million.”

Zheng Xiaotong pursed her lips: “That’s too little, little boss. The 20 points you mentioned is the annual interest rate. Although it is high, it means that we only make 200 million yuan a year. I feel that if we put this 1 billion yuan into other projects of the company, we can make more.”

“Well said! The problem now is that it will take a year to loan out the 1 billion yuan in principal.”

Wei Xiao picked up the preserved fruit.

“This is an IOU for 1.2 billion. I’m selling it to Lao Meng, but I only want 1.1 billion.”

There was only a date and a melon seed left in front of Wei Xiao, representing 1.1 billion.

“In this way, does the time period become shorter?”

Zheng Xiaotong’s cerebellum was a little atrophied, and it took about half a minute for her to become clear.

The small boss lends out the principal and collects the interest.

Then he sold the bonds at a low price and recovered the principal.

Doing so does indeed shorten the capital circulation cycle.

Wei Xiao saw that everyone had followed the rhythm, holding a date and a melon seed in his hand.

“I will use the same method to lend out the 1.1 billion again, with another 10% interest rate, and repeat the cycle over and over again…”

“I see.” Wang Qi understood it from the first time. “You mean using a lever?”

“That’s right. If operated properly, it shouldn’t be difficult to leverage 10 billion yuan with 100 billion yuan in a short period of time.”

Wang Qi nodded.

The model proposed by the small boss is essentially ABS asset securitization.

She only invested 100 billion yuan in principal, but collected interest on billion yuan.

Calculated at ten points, it is also a profit of one billion.

It can double in a short time.

But there is no business in this world that is guaranteed to make a profit.

Whenever leverage like this is used, risks are bound to exist.

Otherwise everyone would go into lending.

The problem with this financial model is that there are too many financial institutions involved and the amount of capital is large.

If there is a problem in any link, it will be magnified into a bigger problem due to the existence of leverage.

Wang Qi thought carefully and said, “It’s not difficult to lend money like this, but how can we avoid the risks? Once the 100 million yuan cannot be repaid, the leverage will also lead to more bad debts, which will cause systemic risks.”

“Oh my god, it’s really scary when you think about it.” Zheng Xiaotong realized it belatedly.

But Wei Xiao was not panicked at all: “It’s scary even if you think about it. You don’t even need to think about it. The risk is definitely there, and there is a high probability that it will be triggered.”

“Then how do we solve this problem?” Wang Qi looked at the young boss expectantly, thinking that if he could solve this problem, the young boss would be a financial genius.

“I won’t solve it.”

“????”

Wei Xiao explained: “This dangerous method must not be used in the local currency market. If you want to do it, do it in the foreign currency market. I would rather die than let my friends die.”

“hiss……”

Wang Qi thought about it carefully and picked out a 6.

Don’t say it.

The young boss finally showed some capitalist tendencies.

Although she didn’t solve the problem, she avoided it perfectly.

Wei Xiao has even chosen a market: “Looking around the world, where is the best liquidity? US dollars! We will use US dollars!”

“All our assets are in local currency. Where can we get so many US dollars?”

Wei Xiao chuckled: “Don’t forget, Gou Da Hu is our strategic partner of Shunfeng.”

Wei Xiao couldn’t take out the US dollar assets for a while. But the dog tycoon had so many dollars in his pocket that he couldn’t spend them all.

Wei Xiao can completely exchange the assets in Shunfeng’s hands and easily get foreign currency.

Wang Qi raised his hand again and said: “The US dollar is indeed a very good market, but if we go there, the difficulties will also come along. In China, we can use the influence of Shunfeng as an endorsement, which is a credit guarantee in itself.”

Hearing this, Wei Xiao’s face showed a thousand rejections: “Forget it, this kind of business cannot be involved in Shunfeng, it will easily ruin your character.”

“That’s right. How can we leverage our money if we don’t have credit?”

“This is the most critical step. We need to build our own credit system.”

Done.

Wei Xiao looked at Meng Junhui.

He is the most important member of the entire dragon-slaying team.

“Since it is a U.S. dollar market, we have to make some careful selection of our customer base.”

“The U.S. dollar market developed early and the system is mature. We cannot touch the porcelain of the big banks at all.”

“They have 20% of the 80/20 rule, so we’ll just take the 80%.”

The so-called 80/20 rule means that 20% of the population controls 80% of the assets.

In the US dollar market, this phenomenon is unbreakable and the proportion may even be higher.

Wei Xiao continued: “I want those 80% of customers, students, freelancers, and all those who are wandering outside the credit system.”

“We build our own credit system based on them.”

“They are the group that needs money the most, but also the group that has the most difficulty getting loans.”

“The demand must be huge.”

Wang Qi did not deny this: “This is true, but what about the credit system? There is a reason why they cannot get loans.”

“This is where Brother Meng comes in.”

Meng Junhui was a man of few words and just kept listening to them chatting and joking.

As a result, while he was eating, the melon fell on his head.

“Little Boss, I didn’t say a word. It was Mr. Wang who questioned you. Why are you putting the blame on me?”

“I’m not trying to pass on the blame, I’m giving you a difficult task.”

“what?”

“I need an algorithm, a credit algorithm. Can you do it?”

Meng Junhui: “How big is the sample?”

“Not much, because the scale of our leverage is not very large.”

Meng Junhui thought it was not a big deal and originally wanted to hide away.

When I heard it was just a credit calculation, I felt relieved.

He has been working on logistics algorithms at SF Express, a market with a population of more than one billion and an astounding number of parameters in various dimensions, but he has managed to do it.

If it was just a single data purpose of a small sample, he really didn’t think there would be any difficulty.

“You can try, but there are no guarantees.”

Wei Xiao became more and more excited: “Okay, now that we have the algorithm, we need to cultivate users’ consumption habits and provide data for Brother Meng.”

“This is easier.”

“Create an online payment software and use it to cultivate and investigate user habits.”

“You can quickly have a huge amount of data and acquire customers at the same time.”

“No, no, no!” Wang Qi immediately found the loophole. “What you said is a bit too simple. Unless we have an urgent need, how can we attract customers?”

The mindset in the dollar market has not changed yet.

Their acceptance rate for online payments is less than one percent.

Writing a payment app is simple, it’s just a day’s work for a programmer at SF Express.

The key is how to make people use it?

Moreover, this project cannot use Shunfeng’s famous brand, which means it has to start from scratch.

“Hey, this brings us to our customers, the Pareto Principle!”

“The 80% of low-net-worth clients have one clear characteristic: they love to get small bargains.”

“Then kick the crippled leg hard.”

“Make it a currency software with strong social attributes.”

“Give out more red envelopes, organize more new customer acquisition activities, use the wheel to haggle, and use all the dirty tricks.”

“After this set of operations, we will have one or two million users, which will be enough for us to display.”

Looking at the boss’s commanding look, Wang Qi suddenly felt a little dazed.

Female version of Chen Chen! ?
Don’t say it, really don’t say it.

The way the young boss dug the hole and buryed the person was quite similar to Mr. Chen’s character.

If you hadn’t dealt with Mr. Chen before, you wouldn’t have thought of such a mean trick.

The point is, this thing actually works.

If a small business owner wants to attract 10 or 20 million users, that would be a challenge.

But it’s not really difficult to poach one or two million users.

Among a population of 400 million, there may be one or two million users with bad consumption habits who will be deceived.

As long as they are fooled, the 1 billion capital can be circulated.

Wang Qi turned around and discussed with the other two and felt that this deputy team leader seemed suitable.

“but!”

Just when everyone’s morale was about to stabilize, Wei Xiao coughed.

“These are all ideal conditions.”

“It is still difficult to implement this plan.”

“I think the biggest difficulty is access to the financial market.”

“We have to put aside all ties and start from scratch in the U.S. dollar market. I’m afraid we won’t be able to stand firm.”

Wei Xiao thought about it for the whole night, and this was the only hole left to be filled.

And she had no ability to make up for it.

But worries are not the same.

The biggest difficulty faced by Wei Xiao was just superficial in Wang Qi’s view.

He said confidently: “Leave it to me. I have connections and can get someone to endorse us.”

“Are you sure? I want the endorsement of the US dollar market.”

Wang Qi nodded: “Of course, I have several powerful entrepreneur friends who can definitely do this.”

“Who?”

“This is kept secret for now, boss, just watch me perform.”

Wang Qi held it tightly.

In the past, he really had no solution.

But now.

ARD has become the mainstay of the North American drone market, and Zhou Xu definitely has enough connections.

Relying on Zhou Xu’s face, it is more than enough to communicate with banks and regulatory agencies.

However, Mr. Chen didn’t want the young boss to know about Zhou Xu’s matter, so Wang Qi could only keep it a secret.

Seeing Wang Qi so confident, Wei Xiao couldn’t help laughing: “So there’s no problem at all, let’s do it or not!”

Wang Qi raised his hand to agree, and Meng Junhui also had no intention of doing so.

Zheng Xiaotong also got on this pirate ship, and she had a new understanding of the boss.

The small bosses in the past had something and were the materials for doing business.

But most of it was inherited from my father, very strict and without any crooked ways.

But now the boss has a bit more evil nature.

The idea of ​​leveraging to reap America was something that President Wei would never have thought of before.

Where did she learn it?
(End of this chapter)