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Chapter 131 Business around the movie

Qubao has an office in New York, and since its establishment, it has been larger than the nominal headquarters of the company in Los Angeles. The reason is that Harvard University is in Boston, which is only more than 200 kilometers away from New York. In addition, there are a large number of partners here in New York, and many of the company's affairs are handled in New York.

When he woke up early in the morning, Duqi and Adam went to his office in New York. Some of the employees here had met Duqi once or twice, and many of them did not know him at all. Many employees knew Duqi's name, but because Duqi never posted photos in the media and had never appeared on TV, everyone knows that the famous self-made wealthy people in the western United States are shareholders of the company, but most of them do not know Duqi's appearance.

After Adam introduced it, everyone realized that the young man in front of him was Adam's collaborator and the company's major shareholder, and everyone immediately expressed their welcome.

Duqi came to the company and just took a quick look at the information and chatted with Adam about the development direction of some of the company's development directions. After seeing the Transformers model produced by Adam, he moved his heart and said, "Do you have the idea of ​​producing peripheral products for those popular movies?"

"The movie's peripheral products?" Adam was slightly stunned. "You mean..."

"It's like the Star Wars series' toy doll authorization, now it's in Hasbro's hands. In the United States, you buy better than our Transformers." Duqi said, "The peripheral products of these movies actually have great potential. A popular movie, we can cooperate with Hollywood film companies, and when the movie is hit, we will release character models, picture albums and other things..."

Listening to Duches keep saying his thoughts, Adam said, "This is indeed a good way, how did you think of it?"

"This is not the first thing I thought of. Now there are toy companies that have done this, and Hasbro is one of them. But now everyone is not very good at it. Only after the movie is released will someone think about doing the peripheral products business.

We can cooperate with Hollywood film and television companies, obtain authorization before the movie is released, and share profits. We don’t need to prepare too much goods at the beginning. This requires not high investment costs. Once a movie becomes popular, we don’t need to compete with those who are aware of the production license, nor will we miss the best time to sell products during the movie’s hit. In the future, film and television peripheral products will be a big industry, and we should not miss it."

After hearing Duqi say it, Adam thought it was a good business and immediately started discussing it with Duqi.

Adam has a mine in his family. His father's current assets are more than 300 million US dollars. Thirty years later, he is equivalent to a billionaire. However, he is obviously not a person who likes to enjoy his own achievements. He wants to do his own career. After graduating from high school, Duqi was slightly encouraged and prepared to start his own business. If he hadn't had an idea in his heart, how could Duqi have told him so smoothly?

Later, Duqi used Rubik's Cube patent and funds to invest 60% of the shares. He had some opinions, but the "Transformers" that Duqi found later became a popular toy series, which at least doubled Qubao's future potential. His psychology was balanced. He usually manages the company, but professional managers can be competent in this kind of thing. Duqi's role in the company is irreplaceable. Even though Adam now only has 40 shares in Qubao's company, its value is several times higher than the original 100.

Now Duche proposed to cooperate with Hollywood film companies, involving film products around it, and Adam thought it was a good idea.

After four years at Harvard University, Adam successfully transformed from a capitalist reserve to a current capitalist through the management of Qubao Company. At the same time, his career aspirations became stronger. He wanted to make the company the world's number one toy company. After hearing a good proposal, he pulled Duqi and began to discuss the feasibility of this plan and prepared to arrange employees to do market research.

At the same time, Duqi also took the opportunity to say, "I recently invested in a robot movie, and the copyright is in my hands. I am quite optimistic about this movie. We can try it with the peripheral products of this movie first."

Adam didn't expect Duqi to be so troublesome. He invested in a computer company, opened a bank, and opened a supermarket. Now he has started to invest in movies. However, since it is a movie invested by Duqi, he can indeed try this cooperation model.

If it was another friend, Adam would at least persuade the other party to be more cautious. There are many examples of failures in this kind of cross-industry investment. Many top companies suffer from failures when investing in cross-industry.

But if it were Duqi to talk about it, Adam had some confidence inexplicably. This was all brought about by Duqi's success in recent years. When a person succeeds continuously and before failing, people will believe that he will continue to succeed.

Duqi has made considerable gains in several consecutive investments. I won’t say much about Apple and Shengshi Bank. Now Yigo Supermarket has become the second largest supermarket chain in the United States, with more than 120 stores. It still looks like there is a big gap between the top 300 stores of Walmart, but it has already made the other party feel threatened and is no longer an insignificant small company.

Many people want to raise funds for Yigou Supermarket. Melis said that someone waved a check and wanted to buy the shares of Yigo Supermarket 10 for $10 million. You should know that it has only been less than a year since she invested two million US dollars.

Duqi asked Melis to wait for a year or two before taking action. By then, Yigo Supermarket will be more valuable, and he is also considering financing. Yigo Supermarket is expanding very quickly, and the more demand for funds will be.

Duqi does not intend to rely entirely on his own funds. It is completely different for Yigo Supermarket and Apple. It does not need to achieve absolute holding to ensure that his ideas are fully implemented. The development potential of chain supermarkets is not as good as that of high-tech companies. Instead, it takes more energy to manage them. In the future planning, the importance of chain supermarkets is in the second echelon. Duqi feels that after one or two financings, and after listing, his shares can be maintained between 25 and 30, and it is enough to have a certain influence on Yigo Supermarket.

Before this, Duqi had just established a logistics company independently in the logistics department of Yigou Supermarket. Duqi obtained the ownership of this brand new Yitong Logistics Company. It has plans for the future of the logistics company, not only to meet the needs of Yigo Supermarket, so it is very necessary to establish a company independently.

After continuing to inject US$10 million into the newly established Yitong Logistics Company, it also began to undertake orders from some other convenience stores or emerging supermarkets, but its main business still comes from Yigo Supermarket. Now the main goal is to develop and improve the logistics system in North America.

Through this "sell" of the logistics department, Yigo Supermarket also obtained US$20 million from Duqi for its development and expansion, and the originally insufficient cash flow has once again increased.

However, as Yigo Supermarket becomes larger and larger, the funds needed to expand rapidly are also increasing, especially in the past two years, when the final market share is divided, the domestic market in the United States will be almost divided. In addition to expanding overseas, it is also time to start to compete for internal strength.

Duqi plans to raise funds for Yigo Supermarket again this year to obtain funds to accelerate the development of Yigo Supermarket. He thinks that this trip to Rockefeller may have good results.
Chapter completed!
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