Reaching the age of thirty, my income randomly doubled-Chapter 508 - 307: The Party and the Future
Zhou Ye and Meng Ziyi are both newcomers at Tengying Entertainment.
Jiang Peiyao is about their age, but she has been at Tengying for three years, so she is somewhat of a senior to them.
Jiang Peiyao is very nice to the newcomers, mainly because she believes they are all here to make money for her brother-in-law.
She still drives that white Rolls-Royce Phantom Drophead Coupe worth over ten million.
It’s a car Chen Pingsheng gave her that she’s been driving for a few years now.
Meng Ziyi had just graduated from college; she was born in ’95.
Zhou Ye, on the other hand, had just started college in ’98.
Her successful admission to Tengying was mainly due to her outstanding looks, her face being the epitome of the most beautiful "bright moonlight" of youth.
All three shared a ride, and although Meng Ziyi’s family was not poor, they weren’t wealthy enough to own a Rolls-Royce.
She was quite surprised; in fact, she had the opportunity to join Tengying Entertainment two years earlier.
But at that time, she felt it was preposterous for such a young girl to be the head of the company.
It seemed only a matter of time before the company closed its doors.
Latterly, even Huayi went under, and yet Tengying was still thriving, which was very unexpected.
"Peiyao, are we going to meet the big boss?"
"Yep, he said he wanted to take you two out for lunch."
"That’s rare. Yezi has been with the company for so long, but I think this is the first time meeting the big boss, right?"
Zhou Ye, from Guangdong, might not have been the center of universal adulation, but she was popular wherever she went.
"I’ve met Secretary Bai several times, but I’ve indeed never met the big boss."
Jiang Peiyao giggled, "My brother-in-law is a good guy; just don’t be nervous when you meet him later. If he takes a liking to you, you’ll have whatever resources you want. Wanning was his favorite. As soon as the trainee competition was over, she started shooting the ’National Adviser’ movie. No one else could boast such a beginning."
Meng Ziyi was forthright, the type of girl whose looks carried an aggressive beauty; she was undeniably attractive, but lacked a bit of innocence.
Instead, she had an abundance of charm.
"Yezi, just loosen up a bit when you meet the big boss later. It’s best if your clothes are somewhat revealing."
"Nonsense, my brother-in-law isn’t into that sort of thing,"
Jiang Peiyao said sternly, "You must not have any such crooked ideas. There have been many girls in the group who have tried to play such dirty tricks, and they all got fired later."
"Just kidding. I just think Yezi is a bit too tense."
Meng Ziyi was nervous herself, but she wouldn’t admit it and deliberately teased Zhou Ye next to her.
The three of them soon arrived at She Mountain.
The private club was not located in the bustling city center but set amid a scenic forest on a mountain.
Perched on the mountainside and surrounded by large trees, the building was three-stories high.
Each floor was over a thousand square meters.
Meng Ziyi’s family had some means, but such a luxurious private club still astounded her.
As for Zhou Ye next to her, she was obviously even more amazed.
This was also Jiang Peiyao’s first visit; after all, her brother-in-law had just acquired the place.
As they drove in, they were greeted by a beautifully landscaped garden.
There was even dedicated butler service, and after parking the car, the butler led them to a private dining room on the third floor.
Chen Pingsheng was not alone there; Song Shuiqing and the old schoolmate Yao Anni were also present.
Once Jiang Peiyao arrived with the others, they could officially start the meal.
The dining format inside the club was similar to Xiangjiang, where guests ordered food themselves on a tablet.
There were various cuisines and flavors.
The menu was diverse, covering a range of famous Chinese and Western dishes.
Well, private clubs are meant to entertain guests, so the basic quality of amenities naturally wouldn’t be lacking.
"Brother-in-law, why did you wait especially for me?"
"You said you were coming, how could I not wait for you?"
Chen Pingsheng stared at the captivating woman beside her, "Meng Ziyi, you stood up my daughter two years ago. She kept asking back then why didn’t Sister Ziyi come to work?"
"Er... You remember that?"
Meng Ziyi scratched her head awkwardly, "I couldn’t come back then because something came up, you see, I still joined Tengying Entertainment now. Just two years late, no big deal, no big deal."
"You’re quite a talent,"
Chen Pingsheng said, "My daughter really likes you. She said you don’t seem very smart, just like her, but I didn’t expect it to be true."
How was she supposed to deal with the big boss remembering her embarrassing past?
Even Jiang Peiyao didn’t know about this incident between the two of them.
As for Zhou Ye, she looked even more bewildered.
"I won’t say anything more; I’ll penalize myself with three drinks," Meng Ziyi lifted her glass.
"Boss, your Maotai is here!"
"Wasn’t it beer?"
With Meng Ziyi’s tolerance, three shots of spirits would have her out cold on the table.
She wouldn’t need to do any more work that afternoon.
"Alright, no one is making you drink; just find a place to sit down,"
Meng Ziyi was dressed quite fashionably today, wearing a short, unique blouse.
She had even tied a knot near her belly button.
The timeless snug-fitting jeans were her choice for the lower half, while she sported a half-tied bun with wavy hair draping over her chest.
She wanted to sit far from Chen Pingsheng, but Zhou Ye played a trick, making her sit opposite him.
Every time she looked up, there was the somewhat stern face of the big boss, making it hard for her to eat in peace.
"Brother-in-law, this place is so big; can I come here more often?"
"Of course, you can. This place is for holding private parties, and there’s an open-air terrace at the top. If you like, you can invite people over for a party. Just let the housekeeper know what you need."
"Brother-in-law, you’re so kind!"
"That’s enough. You’re already at the age to find a boyfriend, and yet I haven’t seen you bring anyone home."
"I’m not in a hurry, at least not until brother-in-law’s thirty-sixth birthday."
"That’s just two years away."
Chen Pingsheng said, "Time flies indeed. I still remember the baby fat and your bare butt running around when you were a kid."
Envy them, the big boss treats Jiang Peiyao so well.
And in such a luxurious environment, one can’t stay too long—it corrupts the heart too easily.
Only by following the big boss can one enjoy such luxuries.
Meng Ziyi felt like a fake second-generation rich kid.
"Brother-in-law, there you go talking about that again."
Jiang Peiyao blushed, knowing that without Chen Pingsheng, she would still be working in a sweatshop for two or three thousand a month.
"I just think you were especially amusing when you were little."
The meal was ready, but he hadn’t come here to eat.
The main reason was that his group’s big projects had all been cashed out when due.
Most of the remaining ones still required a lot of time.
He should start cultivating new projects for the market now, or it would be embarrassing if there were none to list in the next few years.
Meng Ziyi and Zhou Ye both knew this.
The big boss, although the biggest capitalist in the entertainment industry,
actually didn’t focus his energies on entertainment at all, but instead on new energy, which had always been the focus of his investments.
Moreover, the group has too many big projects under its belt.
It’s hard to imagine how he manages it all by himself.
Now the big boss has invited them to dinner, and to sit quietly and listen was better than anything.
It was Yao Anni who said, "Chen, TikTok is rising rapidly, and user data is exploding in all aspects. It’s still in its barbaric growth phase. I estimate that in another year, it will reach its peak period of traffic dividends."
Teng You Media hasn’t even started cashing out so far but has invested five or six hundred million a year instead.
The goal is to create a large number of internet celebrities during this barbaric growth period.
Then, when the dividend period arrives, they too can transform along with TikTok and start exploring their own paths to monetization."
"The times are developing rapidly. It used to be the era of internet entrepreneurship, and now the traffic dividend has actually shifted to short videos—who would’ve thought that a year ago!"
Chen Pingsheng said, "Whether it’s Teng You Media or Xin Teng Live Streaming, their rise has proven one thing—the era of short video has truly arrived, and the new internet economy has begun to revolve around short video traffic. Maybe in the future, big companies will be fighting for traffic on this platform. The reason I called you here this time is to give you another ten billion in funding to open physical clothing stores."
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Uh... Yao Anni was surprised. "Chen, wasn’t it you who asked me to close down the physical stores and focus solely on online livestream sales?"
"Yes, I did tell you to close down the physical stores and concentrate on developing online livestream sales. That was because I considered your limited energy, better utilized all in one place, which clearly suited your situation at the time. The fact is that move was the right one."
Chen Pingsheng said, "As for now, giving you ten billion to open clothing stores is to pave your way for the next five or even ten years. You’ve run a clothing store yourself, so you should understand that the biggest operating costs of traditional clothing stores are two: rent and inventory.
"Now that you have the channel for online livestream sales, you must have a deep understanding. If given the chance to open a clothing store again using online live streaming to trim inventory, the profits of the physical stores will certainly increase significantly.
"Moreover, a crucial point is that short videos are currently in their bonus period. Capital is still growing wildly, and the young people in the field are like headless flies, bumping around everywhere. Experience more tales on novelbuddy
"This situation only occurs in the early stages of short video development. Once it enters the dividend period, the number of people entering the industry each day will probably increase exponentially. By then, the influx of companies and individuals will rapidly shorten this dividend period to just 1 to 3 years.
"After that, it’ll be like the current internet competition and traditional industries you see; everything will return to the essence and the cycle of intense internal rivalry.
"The reason I want you to open clothing stores now is to cope with the coming era of stalemate. To put it more bluntly, others rely on sales to earn a markup, but you can rely on sales to earn money from the capital market, which means a rise in stock prices. From a competitive perspective, these are two completely different levels.
"Plan carefully before acting, and think five steps ahead with every move you make, so you can comfortably handle everything in the future."
Yao Anni was completely stunned.
Her old classmate’s business acumen was far-reaching.
When she was just average, he had her exit the physical clothing field to specialize in online sales.
And just as she was doing very well and even feeling a tad proud,
He came with a wake-up call, telling her that it’s not a big deal.
It was merely catching the short video bonus period.
If you want to stand invincible in the future, you need to prepare for danger in times of safety.
Plan for the next five years with 90% of your time, so when the dividend period is over, and everyone else is stuck in the stalemate, you can sit back and watch with ease.
Laugh at the vicissitudes of life.
All this was based on his personal judgement of the future.
If he was right, and they moved five years ahead, they would surely stand at the pinnacle of the clothing industry.
If he was wrong—
That’s surely not possible; after all, he’s putting up ten billion himself.
Even if it loses money, he will bear the brunt of it.
Tengying Group has lost plenty on small projects.
Countless, but there hasn’t been one failure among the big ones.
Mainly because her old classmate personally steered the big projects.
As for the small ones, they were literally hand-me-downs for the new investment managers in the group to cut their teeth on.
A loss didn’t matter.
Without many failures, how could you cultivate truly excellent investors?
Yao Anni understood why Tengying Group’s big projects always succeeded at critical times.
It was mainly because her old classmate would personally interject,
And promptly throw cold water on you.
With real data to show you that you’re not yet in a position to be complacent.