Chapter 196: I Accidentally Earned a Big Money
It's mid-April.
It has been two weeks since Han Chudong went to New York and was threatened.
In Los Angeles in April, the weather is relatively hot.
Little Orica, an Alaskan Malamute, was just taken to the pet hospital yesterday to shave her hair, shaving only the hair on the tip of her head and tail, which looks a little funny.
On the morning of the eleventh.
Mr. Clifton Nett, a corporate service provider, drove to find Han Chudong, who was walking the dog together at this time, and asked, "I also saw the newly opened rainbow beauty store in Boston, and the apology statement published last time had a big impact on your company's performance?"
"It's okay, anyway, the sales haven't declined, the goods released can be sold quickly, and the guy who targeted me has no further action, Mr. Nate, you have a wide range of contacts, remember to help me pay attention to the news, the news against my company." ”
Han Chudong held the leash in his hand, and recently opened six cosmetics showcases, with a total daily turnover of up to 1.4 million US dollars, and the investment has not been recovered, but according to today's performance, it should soon be profitable.
I have to say that this industry is really profitable, and there are female customers everywhere who do not hesitate to pay for face masks in order to become beautiful, and the market has just formed, and the long-term benefits are considerable.
Mr. Clifton Nate nodded and said with a smile: "There are a lot of beauty industry giants staring at Rainbow Beauty now, waiting for the opportunity, even I have heard the news, many people are paying attention to you, I think there should be a lot of people talking to you about cooperation or acquisitions recently, right?"
"Well, Procter & Gamble recently gave me an offer, $46 million. Han Chudong's tone was happy, although he was under pressure from all sides and had a lot of trouble, but the profits were obvious.
None of them wanted to push him completely into their competitors, so they formed a delicate balance, and they were trying their best to please him, and the numbers were constantly rising, trying to take the innovative products in the field of skin care products into their own hands, and they had already seen the huge hidden market from the brilliant results of the ex-boyfriend series of masks.
"And how do you get back to Procter & Gamble?"
"How can I say that, I told them that it was just more than 40 million dollars, but it was only two months of profit for my company, and I didn't plan to talk to them at all. ”
“…… Cool, to be honest, when I helped you buy an R&D lab, I didn't expect it to make such a huge profit in just over a quarter. Clifton Nate said with envy in his tone, he thought he was well-informed, but it was rare for a young businessman to suddenly rise like Han Chudong, and he was also of Chinese descent.
What's even more terrifying is that Rainbow Beauty still has amazing growth potential, as for the more than 40 million dollars offered by Procter & Gamble, in his opinion, it is still too little to take it at all.
He continued to ask Han Chudong and said, "If I help you contact a company and ask them to pay nine figures, would you like to sell Rainbow Beauty to them, or let people buy shares based on the estimated market value of 100 million to 150 million US dollars?"
"No way, it's worth much more than that, and if I had released my latest earnings report, I wouldn't have joked that I was only offering more than $40 million, and they didn't know how much money I was making. ”
Han Chudong came up decisively, and refused without even thinking about it.
As a middleman who specializes in corporate services, Clifton Nate naturally wants to earn a commission by facilitating business.
As long as Han Chudong nodded, he felt that it was not difficult to attract investors at this valuation, and added: "I don't think you seem to have any idea of financing, right?" ”
"It's not that it seems, it's really not, it itself can bring sufficient cash flow, if I am short of money, I will directly sell the mask paper to the outside world, why bring someone to share the benefits that belong to me." Recently, I've been considering the feasibility of selling mask sheets for about $1 a piece, so that the price of the mask won't be too low to avoid the impact on my ex-boyfriend's range of masks.
Of course, it won't be sold to the outside world anytime soon, I'm customizing the production line, looking for a new factory, and I'm going to sell a mid-range product that costs about $20 or so, so that I can compete with them, and part of the benefits will be mine. “
This is not important news, and if it can be known by other colleagues through Mr. Nate, it may also be a good thing for Han Chudong.
Save those peers from being soft and hard, so we should give them some hope to participate and make the cake bigger.
The sales plan for mid-range masks has always existed, and only a few consumers are willing to pay nearly $40 just to buy eight masks, and many more have limited spending power.
The positioning of different products according to the needs of customer groups can maximize profits.
I thought it would take a year or two to cultivate the market, but now I found that a virtuous circle has been realized, and there are more customers in the early stage, and the profits are used to advertise, which in turn attracts more customers to come and consume, and the available publicity funds have also increased, so the plan to increase the product line has been advanced.
To be honest, Han Chudong found that this business was very profitable, but even he didn't know how much money he could make.
Anyway, since the product came out, his worth has begun to skyrocket, and the valuation of a single rainbow beauty product has reached nine figures, which means that Han Chudong's worth should exceed that of the rising star in the investment world - Warren Buffett in the same period.
The other party is forty-three years old, and Han Chudong is only twenty years old, which is not much different from the worth of Wang An, the richest Chinese in North America.
This speed of development exceeded Han Chudong's expectations, and he originally thought that he would have to wait for the further development of the IC industry and the emergence of personal computers before he could reach the current scale of wealth.
The higher the turnover, the higher the valuation of Rainbow Beauty.
Before the mask went on sale, he didn't expect it to be so easy to make money, and the average daily sales of a single store were more than 70,000 US dollars, which was like a hen laying golden eggs......
Mr. Clifton Nate regrets that he is not earning a commission, but he can make some money by working with Han Chudong.
For example, this time, I took out a piece of paper from my pocket and handed it to Han Chudong, and told: "According to what you mean, I have found a list of companies with growth potential, and there are also beauty research institutes, and more specific information is in my car.
"Well, I just talked to someone from the Bank of America yesterday, I can borrow about 20 million US dollars, and if I take the mask paper patent mortgage, I can borrow another 15 million to 20 million US dollars, I plan to borrow as much as I can, and the most important thing is to continue to develop at this time. ”
Han Chudong's eyes swept over the paper and saw some familiar names.
For example, in France, YSL, Dior, Clarins, etc., the estimated market value is written next to it......