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As Henry Morgan said, the beginning of Nanno Bank and its current rapid growth are inseparable from several of his companies. First of all, www.biquge.info is a car loan, and a real estate loan has brought a lot of business volume to Nanno Bank. And then the rest of the Sony companies and so on are also constantly pulling business for Minamino Bank.

Anyway, several of them are now tied to the same chariot, and this way of development is indeed very fast.

"I am very optimistic about you, and I believe that your bank should grow into a big bank in the next few years. Henry Morgan did not hesitate to praise Shuichi Minamino.

"Thank you. Shuichi Minamino smiled.

Chatting and chatting, Shuichi Minamino talked to Henry Morgan about the history of the Morgan family.

I'm very interested in this Shuichi Minamino!

After all, the Morgan consortium is unusually successful now, and he is also interested in setting up a consortium of his own in the future, he thinks that he can listen carefully to the history of the Morgan family, and can also learn some of the operation methods of the consortium.

If he weren't the son-in-law of the Morgan family, they wouldn't have told him about this history!

In his memory, he knew that the Morgan family was one of the top ten conglomerates of American imperialism. Formed in the late 19th and early 20th centuries, it is a monopoly capital consortium that rules the economy of US imperialism. The founder, J.P. Morgan, based on the wealth of his father, J.S. Morgan, co-founded the Drexel-Morgan Company in 1871, which was engaged in investment and credit banking business.

From here, it can be seen that the Morgan consortium is also the first step to start a bank, and if the bank succeeds, it will have a huge amount of capital, and it will be simple and convenient to do everything at that time? This is why Shuichi Minamino wanted to set up Nanno Bank a few years ago!

In 1912, the Morgan consortium controlled 13 financial institutions, with a total asset of 3.04 billion US dollars, of which the Morgan company was the most powerful and dominated the financial circles of the United States imperialism. During the First World War, the Morgan consortium made a windfall of fortunes, and after the war, with its abundant financial capital, it infiltrated into all sectors of the national economy; in the 30s, the total assets of the large banks and large enterprises controlled by the Morgan consortium accounted for more than 50 percent of the eight major consortia of US imperialism at that time.

"Minamino, you're doing a great job so far. Your bank already has a preliminary scale. When your bank has a certain amount of capital, you can choose to invest and enter other industries. You should never rest on your laurels, you should not be afraid to invest in other industries. Henry Morgan spoke earnestly to Minamino Shu.

"Well, I know that finance is the foundation of a consortium! Then finance is transformed into real estate, and it is also necessary to invest in different industries and transform it into industry. This is also very important. "Minamino Shu nodded a little. Being guided by his father-in-law is still a little shocking.

"Yes!"

"I think I'll design more industries when I have capital in the future. I am mainly interested in emerging industries, and I believe that the future of industries is inseparable from science, so I am very optimistic about emerging industries. "Minamino Shuichi.

"Well, I agree with you very much. Nowadays, technology is becoming more and more developed, and new industries are emerging every day. Look at Loki, don't look at his usual foolishness. But he has to look at more than 100 companies a year. Once you see a suitable one, you will buy it and inject funds into it!"

"Yes. Shuichi Minamino nodded in agreement. If oil, minerals, energy, military industry, real estate, heavy manufacturing, etc. are the most profitable industries in these years, he does not agree.

He thinks that a business with a fast cash flow is the most profitable. In other words, if your capital turnover is faster than others in the same industry, you will make the most money.

For example, once you are engaged in a certain industry, the target customer group is fixed, and the core question that you think about day and night and regard as important as life should be: How to sell things faster? Because only by turning once a week can you achieve the fundamental purpose of business management - making money. The faster you turn, the more money you make.

Therefore, he feels that the future era belongs: "turn = earn", which is the most important business characteristic of the future era.

As a traverser, Shuichi Minamino will become profitable industries in many emerging industries in the future history, such as the computer development industry, the communication industry, the electrical industry, and so on.

"It seems that after I accumulate a certain amount of money, I will have to enter these industries or start these industries myself!" said Minamino Shuichi secretly in his heart. If he can, he can also choose to enter the aerospace industry.

The other is the arms sector, which is also a very lucrative industry. But now with his strength, forget it. It's not there yet!

After an afternoon of chatting, Shuichi Minamino learned a lot of business lessons from Henry Morgan, and also learned about the development history of the Morgan family, and also combined with his historical transformation to see how the Morgan family resolved one crisis after another.

He knew that due to the intensifying competition between the consortia, and the fact that other consortia all took the Morgan consortium as the main target of their attack, their position of strength was relatively declining, and the Morgan consortium was once surpassed by the Rockefeller consortium. It has taken a variety of measures to recover its decline. In terms of finance, we will make use of our strong financial foundation to expand our strength. In terms of industry, it has been actively exploring new technology industries, and since the 60s, it has become the first in the process sector such as electronic computers, high-speed copiers, and microfilms. The International Business Machines Corporation, a member of the consortium, is the world's largest manufacturer of electronic computers. The consortium's original well-established industries such as electrical equipment, power equipment, and atomic energy equipment have also made great progress. In the arms industry, General Electric, General Dynamics, and Grumman Aircraft, controlled by the Morgan consortium, are among the largest arms contractors of the US imperialist Ministry of Defense. By the late 70s, the Morgan consortium's trust assets had grown rapidly, far surpassing those of other consortia, and the rise of cutting-edge technology industries such as computers had doubled the economic strength of the consortium. The Morgan consortium is superior to the Rockefeller consortium in terms of the number of enterprises it controls and the assets it owns.

These strategies are probably made by Henry Morgan in the future, and maybe Loki will have his ideas. Anyway, he knew that the father and son of Henry and Loki would definitely control the general direction of the Morgan family for the next twenty years.

"This thigh must be hugged well, maybe there will be a lot of soup to drink in the future." Shuichi Minamino smiled cheaply in his heart.