The time came to 2007. At the beginning of the year, Xiao Yawen and Ouyang Xue came to Germany to visit Xiang Nan and Rui Xiaodan.
“Brother, I haven’t seen you for two years. You don’t look old at all. Unlike me, you are almost a yellow-faced woman.” Ouyang Xue said enviously after seeing Xiang Nan.
When we first met, Xiang Nan was in his mid-40s, but now five years later, not only does he not look older, but he looks younger, and there are not many wrinkles on his face.
And he is in good spirits and not tired at all. If she met him for the first time, she would have thought that Xiang Nan was only in his thirties, and he looked almost younger than her.
"It's different. You are busy with business, so you will inevitably work hard, have trouble eating, and have trouble sleeping. No one can compare with me. I work at sunrise and rest at sunset. I live a regular life, sleep well, and eat well. Healthy food makes you look younger naturally.”
Xiang Nan smiled and said, "When you are financially free, you can consider moving to Germany. The pace of life here is slower than in the mainland, and people can relax easily and not be particularly anxious."
“Yes, let’s ask big brother for your blessing.” Ouyang Xue nodded and smiled.
“Brother, our Metrics Poetry is developing very well, and its market value has reached 30 million.” Xiao Yawen said with a smile, “Thanks to brother, I have been upgraded.”
In the past two years, Metrics has developed very rapidly thanks to Lesheng's sales channels and its reputation for low prices and high quality. Its annual sales of cabinets, speakers, speakers, etc. exceed 50,000 sets, and its annual revenue has exceeded hundreds of millions of yuan.
Although the profits are not high, the annual profits are as high as more than 6 million, making both Xiao Yawen and Ouyang Xue rich.
…
"That's right." Xiang Nan nodded, "But metrical poetry cannot just be content with cost-effectiveness. Anyone can write it for the price, but technology and patents cannot.
If Metrics Company wants to develop sustainably, it must have its own unique technology and patents. Otherwise, sooner or later one day it won’t be able to roll anymore. "
It is already 2007, and the income of mainland residents has increased significantly compared with five years ago.
In 2002, the average annual income of the national population was only 4,500. In 2007, the average annual income of the country's population has reached 8,600, nearly doubling.
As the economy develops in the future, residents’ income will become higher and higher, and labor costs will also increase significantly.
Processing factories along the coast originally made money by squeezing cheap labor. Because the squeezing was so severe, young people were later reluctant to enter the factory to tighten screws.
This often causes labor shortages in those factories, and they have to choose to increase wages or simply move factories to places with cheaper labor such as Southeast Asia, Bangladesh, and Moxico.
So if metrical poetry does not improve its technology and craftsmanship, and only relies on cost reduction to seize the market, then it will only last a few years at most, and it will be over.
Labor and costs cannot be squeezed without limit, and they will rebound sooner or later.
Ouyang Xue and Xiao Yawen both nodded.
"However, don't worry too much. In the future, with the development of the domestic economy, the market for electronic products such as HiFi speakers will become larger and larger." Xiang Nan encouraged, "As long as you can come up with genuine and good products, Then it will definitely be loved by consumers.”
Although economic development will increase labor remuneration and costs, it will also bring about a broader market.
HiFi speakers were originally only a niche product in China. After all, ordinary people’s incomes were not that high and they did not dare to buy such luxury goods easily. However, as the economy develops and people's living standards improve, the HiFi audio market will also expand.
Just like mobile phones, they were still a rare gadget in the 1990s, and not many people could afford them. But in recent years, not only have they been given one, but they have even been replaced every two or three years.
In the next few years, a very famous term will appear called "consumption upgrading", which means that young people are willing to spend money. Mobile phones worth several thousand yuan, bags worth tens of thousands of yuan, cars worth hundreds of thousands, and houses worth millions are all bought at the drop of a hat.
If metrical poetry seizes this opportunity, it will definitely make a fortune.
After all, metrical poetry is developing so fast, and it will reach its peak in one year at most. They also want to ask where the future lies.
Otherwise, there will be a landslide after the peak. In the 1980s, Yayi Audio relied on manufacturing radio cassette players. In ten years, it grew from a small company with a market value of 200,000 yuan to a giant with a market value of 200 million yuan.
But at their peak, they did not find the right direction for development. As a result, it only took three years from peak to bankruptcy. Learning from the past, metrical poetry also has to be cautious.
…
In June 2007, Xiang Nan’s ban on the stock market was lifted. He then manipulated funds and started speculating in the US stock market.
However, he did not engage in short-selling and short-selling by private equity funds, but engaged in long-term value investing.
The reason why he disbanded the private equity fund in the first place was because this practice was too harmful. Countless investors were cut off without knowing it and lost all their wealth.
So now Xiang Nan does not engage in short-selling and short-selling, but engages in value investing and invests money in companies such as Nvidia, Microsoft, Apple, Google and Facebook.
The stock prices of these companies will continue to rise in the next two to three decades.
For example, Microsoft, in June 2007, had a market value of less than US$300 billion. By February 2004, Microsoft's market value was close to US$3 trillion.
In seventeen years, it has increased tenfold, with an average annual increase of nearly 60%. Such value-added efforts are much stronger than doing business. And this kind of long-term investment does not count as harvesting leeks.
…
At the beginning of 2008, Rui Xiaodan successfully obtained a master's degree in law.
Xiang Nan and Zhang Huimin attended her master’s graduation ceremony together.
After graduation, Rui Xiaodan did not return to the mainland immediately.
Because she still needs to learn a lot of things, especially by comparing Chinese and Western cultures, to make up for her weaknesses, to take the essence and discard the dross, in order to temper her own spirit.
At that time, Ding Yuanying experienced many "spiritual nirvana" before reaching her current state.
The first spiritual nirvana occurred when he was admitted to high school and lived on campus. He was far away from the influence of his family and realized the value of independence for the first time;
The second spiritual nirvana was when he was admitted to Tsinghua University from Tianfu, where he not only learned more knowledge, but also broadened his horizons;
The third spiritual nirvana came when he came to Germany from the mainland. Different culture, different systems, different material life, and different spiritual outlook gave him a greater impact.
Someone once asked on Zhihu why it is difficult for a poor family to produce a noble son.
Because a poor family is not only poor in material terms, but also poor in spirit. Not only does it fail to provide children with guidance for success, it will instead become a shackles that bind them.
Just like the kid who herds sheep in the mountains, herding sheep, selling sheep, marrying a wife, having children, then herding sheep, selling sheep, marrying a wife, having children...the same thing, repeating the same cycle, never getting ahead.
Although Ding Yuanying also came from a poor family, he relied on his own efforts to get rid of the shackles of a poor family many times.
Although Rui Xiaodan has already achieved the realm, she knows it but doesn’t know why. Therefore, she wants to write books and screenplays, and use cultural attributes to inspire people, but she cannot do it.
It’s like a fish is born with the ability to swim, but if you ask a person to teach it how to swim, it won’t be able to teach it at all.
So she still needs to learn and temper.