Before Zhang Yida went on the interview with Yang Lan, he forgot to ask his parents to stay in front of the TV in advance.
It's just a TV show, there's nothing to make a fuss about.
"I read online that you are worth over 5 billion US dollars. Is this true?"
As Zhang Yida's business grew larger and more famous, Zhang Qinghua always loved to search for news about his son on the Internet.
for example:
Ruixiang received US$2 billion from Penguin Investment, with a valuation exceeding US$10 billion, making it one of the top ten Internet companies in China.
Petnet raised RMB 250 million, with a valuation of over one billion yuan, ushering in a new overlord in the pet service market.
Huimin Bicycle received US$125 million in A+ round of venture capital, and the leader in shared bicycles continues to be far ahead.
Whenever he sees news praising Zhang Yida and his company, Zhang Qinghua will click on it carefully.
Praising his son, isn't that indirectly praising him?
I read it with great interest, and at the same time I also learned more about my son's career map.
Although he did not understand the operating models of these companies, he still understood valuation and financing, and knew that his son's company was developing prosperously.
“$5 billion?
Let me do the math, Ruixiang is US$4.2 billion, Pate.com is US$120 million, Huimin Bicycle is US$340 million...
Yimin Financial Services Group has not raised funds for a long time. Even if it is US$1 billion, Huayi Capital must be worth US$1 billion!
There is definitely US$5 billion, just a lot more."
Zhang Yida began to calculate the accounts on the phone, and Zhang Qinghua became more and more frightened as he heard that each company unit was calculated in "100 million U.S. dollars."
"But these are all valuations! No company is a listed company, and no matter how many shares there are, they are just paper and cannot be converted into two dollars."
Zhang Yida added the last sentence to conclude.
"What you kid says...is so irritating!
Aren’t the shares of unlisted companies worthless? If you run these companies well for another three to five years, won’t their value be reflected after they are listed?”
Zhang Qinghua began to educate Zhang Yida. Hearing his son's tone of voice was a bit arrogant! If you don't regard money as money, you will be very light-hearted.
He himself has experienced hardship and knows how hard it is to earn money and how hard it is to work hard for a career.
Now my son's business has grown, but his mentality is a bit unbalanced!
"Okay, I won't talk to you anymore. I listened to what you said and I won't mess around.
Every penny is hard-earned and I will love and cherish it.
In the future, I will pass this career on to your grandson..."
Zhang Yida stopped talking nonsense and became serious. He knew that his father was on the line, so he couldn't make sense.
"Dad, how are the sales of feed and dog food this year?"
After Zhang Yida finished speaking, he realized that it was already 2015, and quickly said:
"It's a new year again, I almost forgot about it. What about 2014?"
When this was mentioned, Zhang Qinghua became interested and began to say:
"42,000 tons, Dogford dog food sold a full 42,000 tons this year, and the net profit is estimated to be 80 to 90 million.
That suggestion of yours is very good.
I established 4 provincial sales branches in Yunnan, Guizhou, Sichuan and Chongqing, and the sales volume increased immediately.
Next year I plan to build a production plant in each province and city, with local production and local distribution. The transportation cost can be saved a lot, and the gross profit margin can also be improved.
Your Dogford online store is pretty good too! This year it sold a total of 10,000 tons for me, accounting for almost a quarter of our sales."
"In addition to Yunnan, Guizhou, Sichuan and Chongqing, there are more than a dozen other provinces and cities in the south? Have they not been laid out yet?"
Zhang Yida was thinking, didn't he tell you in the middle of last year? Set up sales branches in various southern provinces and cities, spread the products throughout the south, and first occupy half of the country.
If it's too late, the opportunity will be missed.
"Don't worry, dog food is the same as feed. The place of production and sales area are not in the same area, and all the money is taken away by the logistics company.
We will consolidate the southwest market first and build the other three factories next year before exploring other markets in the south.
There is also the problem of funding. You said that if you want to spread your products to the entire southern market at once, you must either expand the current factory by 10 times, or build factories in various provinces and cities.
The funds are not a small amount, at least several hundred million.
You have to eat the food one bite at a time, so be careful! Your dad is determined to be the king of dog food in China.
Next year the male saw to the southwest, and the sword pointed to the direction.
Three years later, the south was unified and we drank by the Yangtze River.
After five years of occupying the country, he became a dog food king."
Zhang Qinghua was talking and shouting slogans. He saw these media reports on Zhang Yida on the Internet, so he took them over and started to use them now.
Zhang Yida was stunned, his stomach hurt from laughing, "Where did you learn these slogans?"
"Hey, it's just something I feel."
Naturally, Zhang Qinghua would not tell his son that he learned this secretly from the Internet. That would be so shameless!
"Okay then! It's better to play it slow and steady."
Zhang Yida also figured it out. His father has his own considerations, so let him make the decision!
If he were to take over the business, he would immediately introduce venture capital, and after obtaining enough development funds, build a production plant and a sales branch in every province in the south.
Advertising has also kept up, the sales and financial data have been compiled, and another round of financing has been launched to encroach on the northern market.
Pet and dog food brands are scattered, there are no giants, and the market size is constantly expanding. It is a good time to expand and cooperate and show off your skills.
"You are still young and have not experienced too many setbacks. I know that you want to make your brand bigger and capture the national market in the shortest possible time.
There is nothing wrong with embracing the capital market, getting financing, and getting venture capital, and I am not opposed to it either.
But starting a business is risky. What if you take a big step and fall?
And how long have your companies been established? They look like flowers, but in fact their foundations are not stable.
I run my family's factory well. If you encounter problems in starting a business, you still have a way out.
I know that taking venture capital can speed up a business, but it also puts shackles on it.
Is it so easy to get money from others?
If we set tasks and goals for you, the company can only run faster.
When you are sick, you cannot stop to seek treatment.
With other outside shareholders, the company's autonomy decreases.
I would rather go slower and take every step steadily.
This is what I feel, and it also applies to you.
Although I don’t know your companies, but they are growing so fast, there must be quite a lot of hidden dangers, so you should pay more attention.
It doesn’t hurt to stop and take a rest when necessary, every hibernation is for better transformation.”
Zhang Qinghua's words hit Zhang Yida's heart like a barrage of firecrackers. While he was moved, he also felt a little alert.
This is the second time. Shen Beipeng also reminded him once that if he develops too fast, he must pay attention to the foundation.
"Okay, Dad, I know everything. I will pay more attention."
After hanging up the phone from his father, Zhang Yida was also thinking:
"The company is the imperial court."
"Where there are people, there are rivers and lakes."
"If there are rivers and lakes, there will be power struggles; if there is money, there will be corruption."
"Absolute power leads to absolute corruption."
In private enterprises, corruption, kickbacks, power rent-seeking, power-seeking, power-seeking, power-for-sex, and power-for-money transactions are everywhere in private enterprises.
It’s time to establish a group compliance monitoring department.
…
"Before joining Goudong, Mr. Yang served as a people's policeman in the Economic Investigation Brigade for twelve years! Why are you thinking of resigning from public service and entering a private enterprise?"
Zhang Yida was sitting on the sofa in the office, looking at a dignified-looking middle-aged man of thirty-seven or eight years in front of him, and asked.
“An old leader I worked with committed a crime, and I knew that I was almost at the top of my life.
So I resigned and worked in Goudong for three years, responsible for anti-corruption within the company.
It's similar to my job in economic investigation, and I quite like this job."
The middle-aged man was tall and burly, wearing a decent suit, and he openly told the reason for his resignation.
He had a very cheerful temperament, and Zhang Yida couldn't help but take a high look at him.
The middle-aged man in front of me is named Yang Jiangang. He was recommended by a headhunting company after receiving Zhang Yida's request.
"Why did you leave Goudong?"
Zhang Yida looked up at Yang Jiangang, paying attention to the subtle changes in his face.
Yang Jiangang smiled slightly, "In Goudong, I was the deputy director, with an annual salary of 600,000; in Ruixiang, I was the director, with an annual salary of 1 million. Ruixiang's valuation is not lower than Goudong, so it was natural to choose Ruixiang."
"Haha, Mr. Yang is such a cheerful person."
Zhang Yida communicated with him and felt that he was either very sincere or completely cunning, with no flaws at all.
"What does Mr. Yang think of corporate anti-corruption?"
Zhang Yida leaned against the sofa, spread his hands on both sides of the sofa, and asked this question.
"Zero tolerance, no tolerance!
If corruption within the company is not curbed, it will not only cause business losses and seriously damage the company's brand image, but will also harm the mentality of law-abiding employees, which may lead to more serious behavioral consequences.
Corruption is like a plague. Once it spreads, not only will the entire company stagnate, but it will even destroy the entire career. As the saying goes, "A thousand-mile embankment is destroyed by an ant nest."
Yang Jiangang has worked in Goudong for three years and is very knowledgeable about corporate anti-corruption work.
"You are in charge of the Compliance and Supervision Department. Now you are the only one. How are you going to carry out your work next?"
Zhang Yida asked again.
“First recruit people and form a team, especially those who come from the public security system.
Talents from the public security and procuratorate systems have their own characteristics. For example, the public security is more professional in investigation and evidence collection, while the procuratorate is well-trained in sorting out evidence chains and applying legal provisions.
The combination of talents from both sides complements each other.
When it comes to anti-corruption, "prevent" is more important than "kill".
The first is to maintain the independence of the anti-corruption department; second, establish a relatively complete anti-corruption system; third, carry out regular training for employees.
Goudong has a monitoring database, and I think Ruixiang can also develop and configure one.
Build a complete audit module, including all cases, relevant personnel files, procurement supplier information, contract information, etc.
When retrieving information, analyzing cases, and sorting out problems in business links, you will have a comprehensive and rich material library.
In addition, the progress of the case can be checked at any time on the mobile phone. The progress of the work completed by the supervisors every day will be automatically uploaded to the database, and all processes can be visualized.
Pay special attention to some important departments and key positions, and conduct regular reviews of operating conditions, assets, and performance.
In terms of anti-corruption experience and system development, on the one hand, it is "fighting" to serve as a warning; on the other hand, it is to sort out the process and plug loopholes.
Every time a pest is solved, loopholes in the business line must be promptly filled in response to the exposed problems, and various process systems must be improved..."
Yang Jiangang talked with great eloquence and something meaningful, which made Zhang Yida's eyes light up.
This million is well spent!
Zhang Yida stood up and left the sofa, stretched out his right hand, shook hands with Yang Jiangang, and said with a smile on his face:
"Welcome to join Ruixiang, the compliance and supervision department will be left to you."
"I'm so happy!"
Yang Jiangang was also very happy. He got a promotion and a salary increase when he joined Ruixiang.