Chapter 723 Equity Incentive
After reading the report, Chen Feng already had an understanding of the current situation of the China Club. Please read the book WwΩWΩ.
∫QingKanShu.
cC
He nodded and looked at Christine and Lin Chen: "It's done well. The club's current performance has exceeded my expectations. This is all your credit."
After saying that, Chen Feng thought for a while and said, "Well, you know, I can't come here often, so the matter here depends on you. So, I plan to give you equity incentives."
"Equity incentive." Christine and Lin Chen were stunned, and then there was an uncontrollable surprise.
Equity incentives, that is, to give them some of the shares in the club, in addition to their usual salary, there will be dividends every year or quarterly.
Judging from the current status of the China Club, even if it is only 0.5% of the shares, the dividend will probably be nearly 500,000 US dollars a year.
This is not a small amount, more than their annual salary.
"So, Christine, you ask the lawyer to draft a document and I will give you 0.5% of the shares." Chen Feng smiled, "From now on, this club will not only be mine, but also yours, so I'll ask you in the future."
0.5% and 50,000 US dollars a year!
Christine and Lin Chen were at a loss by this sudden surprise. They were stunned for a while before they reacted. They looked at each other. Christine said, "Boos, don't worry, we will do our best to run the club well. Please read the book W÷w∫W∮.∮QingKanShu.cC”
"Well, I believe you." Chen Feng smiled. He had actually had this idea for a long time.
After all, although Chen Feng is the boss and founder of this club, he has to compete most of the time and can only be a hand-off manager. Christine is like a professional manager, and Lin Chen is the same.
In the industry, professional managers, such as vice presidents and executive presidents, all have equity dividends, and the purpose is to motivate professional managers, make them work harder and create more value.
In this way, their income will be linked to the company. The salary is only a small part, and most of it depends on the dividends of shares. If the company cannot make money or makes too little money, the company bosses certainly have no benefits, but they are all professional managers.
Therefore, Chen Feng had this plan long ago. Although Christine and Lin Chen are both their friends, they still have to settle the score clearly. If you don’t show some sincerity, how can you let others help you work? Equity incentives are the best way.
Chen Feng stood up, shook hands with Christine and Lin Chen, and smiled and said, "Let's work together to make the Chinese Club better. I hope that one day, our Chinese Club will also be a chain model, opening our branches throughout the United States and even the whole world."
Kristen and Lin Chen were shocked all over and their hair stood up. Please read the book WwΩWΩWΩ.
∫QingKanShu.
cC
This goal seems to be very far away for the current Chinese club, but it gives Christine and Lin Chen a goal.
People are not afraid of hard work, they are afraid of having no goals.
Now that Chen Feng has given them a goal, it means that they have a pursuit. Although it is very far away, they will work hard and strive for this goal.
"Yes." Lin Chen nodded.
"We will definitely work hard. I believe that in the future, our Chinese club will be open all over the world, just like Hilton, Chanel, Dior, etc., to become a world-renowned brand." After all, Christine is a top student who graduated from a business school. She thought more than Lin Chen, and immediately found a template for learning.
"That day may be ten years later, twenty years later, but as long as we work hard, I believe it will definitely come true." Chen Feng nodded.
He just gave a broad goal, but Christine had found a viable path and he didn't need to worry about it.
After chatting with Christine and Lin Chen for a while, and after talking about the Chinese club, Chen Feng planned to go back to the private room to find Kobe, and it was almost time to leave.
But I knew that before I could get to the private room, I stopped Chen Feng alone.
"Chan, I didn't expect you to be there too."
"Ross, I'm very happy to see you." Chen Feng stretched out his hand, and Ross also stretched out his hand. The two of them shook it for a while. Ross smiled, "I'll come here whenever I have time this week. Your massage is really good, and there are those five birds and other things. I heard it's not bad, but I can't learn it."
"Also, the doctor here is really great." Ross looked in a good mood and smiled. "You know, my injury has not been fully recovered, which has also affected my swing on the court, but after you have been treated for a week, I feel much better."
In the past, Ross was full of confidence on the court, but now he has become a little unsteady and often seems unconfident. Every time he shoots and layups, he seems a little bit unreliable, which has also caused his data to decline very much and has been questioned by the outside world.
The reason is due to injuries.
The healthy Ross degree is very fast, and there are not many people in the entire league that can compare with him, especially his extraordinary change, which is astonishing as it is.
And his breakthrough layup, with his terrifying ability to stagnate the air, he often stops in the air and makes moves. Others have fallen, and he is still in the air, leisurely throwing the ball into it.
But after being injured, he was a little more willing but lacked strength. There was absolutely no problem with consciousness, but he often realized that his body was not in charge and his movements were not done properly. Therefore, many times he had already made a breakthrough, but he couldn't make progress when he made a layup.
It is also because of the injury that Ross is not that hard at playing, and often keeps playing. As a result, he loses confidence in the more he plays. He has no confidence in breaking through layups, has no confidence in passing, has no confidence in shooting, and his shooting percentage has dropped to the lowest point of his career.
Various reasons made Ross very uncomfortable, and the torment in his heart was beyond ordinary people's understanding.
Originally, he had already made the worst plan, but the appearance of the Chinese club gave him hope. After receiving treatment for a week, he felt his own changes. He was grateful to Chen Feng for the person who opened a medical club.
"I have bought a house in Los Angeles and plan to come over as long as there is no game, so I can come to the club anytime." Ross said to Chen Feng, "Chen, next time I come to Chicago to play away, I will treat you to a meal and take you to a good tour of Chicago."
"When I go to Chicago to play away, do you have to put some water?" Chen Feng joked.
"This is not possible." Ross answered subconsciously. After he finished answering, he realized that Chen Feng was just a joke, and he laughed himself, "Haha, with your ability, I need to let go of water. Chen, I am looking forward to fighting with you."
"So too." Chen Feng nodded, chatted with Ross for a few more words, and then separated from Ross.
Looking at Rose's back, thinking about the confident smile on Rose's face that had not been seen on his face for a long time. Chen Feng suddenly felt very good. The Chinese Club is for making money, but it feels really good to be able to help people while making money.
Chapter completed!