Chapter 65: The Internet Crisis Erupts

The Internet crisis came as scheduled, on March 13, 2000, the Nasdaq Composite Index plummeted by 4%, and has been falling for more than a month, and there is a trend of continuing to decline, all kinds of reports have come one after another, there are many experts who have made crisis remarks, saying that the Internet, a virtual economy that is divorced from industry, cannot last long, and the previous bubbles are all speculation of capital, and now it is just back on track, and the Nasdaq index will continue to plummet.

The crisis rhetoric triggered further stock price declines, and investment banks joined the sell-off, further exacerbating the bursting of the dot-com bubble.

Strictly speaking, the experts' analysis is also correct, the formation of the Internet bubble is indeed the result of capital speculation, and it will indeed continue to fall.

The speculative behavior of major investment banks advocates the Internet economy, promotes all shareholders to join the Internet economy, and constantly promotes the stock prices of listed Internet companies one after another, breaking one record after another. It's just that shareholders are even more crazy, and many Internet companies' annual financial reports are obviously loss-making operations, but under the advocacy of major venture capital, these companies with more losses have become more valuable.

The company loses money, and the stock price can still increase, which also leads to the profligacy of various Internet companies in disguise, and constantly generates huge annual losses.

Expanding bubbles, some venture capital saw the risk, and finally on March 13, there was a large number of Internet leading companies stock sell-off, resulting in a 4% plunge in the stock price on the day, the remaining venture capital also saw the risk, have joined the sell-off ranks, relative to the initial investment, the current sell-off still has several times or even dozens of times the income, hurry up and stop it is too late, so, a large wave of sell-off appeared, under the chain reaction, out of control. It caused panic among shareholders, resulting in no one caring for the shares of Internet companies, and the stock prices continued to fall, which directly led to the bankruptcy and collapse of some listed companies.

In the end, as long as people pay attention to the Internet, they are out of panic, many start-up companies have collapsed, and more elites who are ready to join the Internet industry are discouraged.

Zhuo Ziyuan clearly knows that the Internet crisis will pass in three years at most, and the Internet companies that survive will develop rapidly, and the future will still be the world of the Internet.

Zhuo Ziyuan's first goal is Baidu, one of the three giants of the domestic Internet in later generations, and if you want to join the big family of Baidu, the currently known means is to buy shares through 123, Zhuo Ziyuan knows that he must firmly control this website, and he has to rely on this website to invest in Baidu. But it's not in a hurry now, the Internet crisis has just appeared, and it will take a while to ferment, at least there will be news of the collapse of many companies, and there will be more Internet companies whose stock prices have plummeted and plummeted, which will cause further panic. As for the specific time, it depends on when the stock price will fall to the bottom.

The second target is those companies whose stock prices have plummeted during the Internet crisis, and Zhuo Ziyuan knows very well which companies will survive to the end and will be able to achieve outstanding development in the next ten years. If you can have the opportunity to invest in these companies, it will definitely be a sure profit, and it will be enough to get dividends every year. If there is no channel to buy shares, then Zhuo Ziyuan can only rely on the stock market to buy the bottom and earn him several times the profit, I believe that when the time comes, the amount of this profit will not be small, and he will invest two million US dollars, and it is estimated that it will be 10 million US dollars or more in two years, and he will be considered a billionaire when converted into China.

The first two short-term goals are relatively simple to achieve, as long as Zhuo Ziyuan pays more attention to online news and the situation of U.S. stocks, but if you want to invest in those companies, you also need to recruit people with investment banking experience to participate, and it is best to set up an investment bank, after all, Zhuo Ziyuan, a major large company in the future, knows that the establishment of an investment company can also have a long-term development for the future.

The third goal is Zhuo Ziyuan's hesitation, and it is also the idea that he has been thinking about for a long time, the chain convenience store is definitely going to be on Zhuo Ziyuan's current planning, and the corresponding logistics must also be established, both of which are inseparable from one thing, that is, management software.

The current convenience store software is very simple, it is not a management software at all, it is just a sales system, entering the prices of various goods, and then counting the daily sales, which is quite simple, which is also the mainstream software of small personal supermarkets and convenience stores.

The logistics management software is even simpler, and some logistics companies even have manual records, which is extremely inefficient and has a very high probability of error.

Zhuo Ziyuan's management software, a single convenience store needs to start from the purchase, sales, inventory management, loss are summarized, through the expected set threshold, can automatically remind the store manager to replenish, and even this information is transmitted back to the headquarters through the network, the headquarters can be supervised and controlled, through such long-term data analysis, you can understand the sales of various goods in various regions, so as to stock up in a targeted manner, so as to achieve the maximum utilization rate of inventory, greatly reduce the waste of manpower and manual errors and loopholes.

Zhuo Ziyuan just wants to establish a professional IT team in the Internet crisis, based on management software, and develop in other directions, as for the future development direction, it is not a problem for Zhuo Ziyuan, who has a prophet for nearly 20 years. Free antivirus software, shopping websites, group buying websites, online clothing, food, housing and transportation, etc., all have development prospects.

What Zhuo Ziyuan is worried about now is that his own ability is not enough to control the huge group he has planned. Zhuo Ziyuan knows his ability, he was only a middle-level manager in his previous life, and he may be able to manage convenience stores, logistics, and IT departments, but if he continues to develop in the future, his ability will definitely be insufficient, which also makes Zhuo Ziyuan determined to study further.

Of course, their own shortcomings, is not a dead knot, as a boss, management ability is not good, then find a professional manager, the problem is that the top professional managers are not easy to find, even if there are ready-made now, but why do people serve you, this kind of top talent can not be attracted by high salaries, and just talk about their own lofty plans, others have to believe you as a high school student.

Although Zhuo Ziyuan hesitated, but the chain convenience store is determined to continue, after the scale is large, logistics must also be involved, management software must also be developed, take a time to establish an IT team is certain, the big deal is that this IT team will serve convenience stores and logistics, as for the future, let's talk about it first.

Since he decided to do it, Zhuo Ziyuan felt that he should build a chain of convenience stores as soon as possible, and the food should be eaten in one bite, and the road should be walked step by step.