Chapter 562 [Inspecting the Museum]
After resting for a while, Yang Yong's work began again, and he first came to New York to inspect how the Yang family's grocery store was doing. Pen, fun, pavilion www. biquge。 infoSister Chen is very powerful, and the old neighbors are reluctant to close the Yang family's grocery store, so although the Yang family's grocery store is a cheap sales, the turnover is enough to meet the normal operation of the entire grocery department, as well as personnel salaries and all costs, so it can be self-sufficient.
New York's Gold Museum has become a well-known high-end tourist destination, with a lot of people every day. It has always been a high-intensity combat unit, and every museum staff goes to work every day like a war.
Fortunately, Yang Yong gave him a good salary, otherwise he would have exhausted these people a long time ago. No matter how much money is given, it is still important to live a life, but fortunately, there is also a system of rotational leave to ensure the health of the staff.
Yang Yong's goal for the gold museum was unrealistic, with the Yang family's first gold museum earning $600 million in just eight months. If you can make a profit of $1 billion by the end of the year, the previous goal is too small, and you don't take the Gold Museum seriously. Unexpectedly, the Gold Museum gave a big surprise to the senior management of the entire Yang Group, with an annual income of $1 billion.
The staff is so busy, so hard. Yang Yong, the big boss, can't sit idly by! The first is to increase the number of staff members, and the second is to increase the treatment and salary of staff members, so as to raise the morale of the entire museum. In particular, the sales of souvenirs in the museum are very hot, and after many negotiations, we finally reached a strategic partnership with Mickey Mouse Souvenir Company.
Since then, the Yang family's museum has become the first priority of the Mickey Mouse Company, and the first supplier to meet the needs of the entire museum. After all, the souvenirs ordered by the Yang family are of relatively high value and high profits, so what fool would not give up such an opportunity to make money. I had careful discussions with Paul Walker and pre-positioned some reform measures, especially the intensity of advertising.
It is necessary to advertise that popularity is the guarantee of profits, so the major media in the United States have been enriched with advertisements for the Yang Family Gold Museum all year round. The effect of such a cost-free publicity is very obvious, the passenger flow has increased a lot, and the sales of souvenirs are booming.
When the Gold Museum in New York was on track, Yang Yong boarded a plane to Los Angeles on the West Coast. I checked out my second gold pirate museum, which is different from the gold museum in New York, and has a different business philosophy.
The theme of the Pirate Museum is the culture of pirates, especially the priceless pirate ship. With this priceless treasure, the theme of this pirate museum is well deserved, especially the attraction of small children, which is very successful, coupled with the excellent environment of the Golden Pirate Museum. A rare summer resort, very popular with parents and children, following the business philosophy of the Gold Museum.
After Yang Yong came to Los Angeles, he reached an agreement with major educational institutions in Los Angeles. The Yang family and the Golden Pirate Museum have become an educational base for young people, and every year these primary and secondary schools organize activities to visit the Gold Museum.
In order to surprise the children, the museum has also developed a set of measures to welcome these students, how to organize various fun competitions. Dedicating a portion of the funds as a reward to encourage these students to learn and explore is very popular with parents and students, not only in Luoshan, but also in California, and the entire western United States has joined this model.
Of course, no further state can meet such conditions, unless Yang Yong opens a third gold museum in the middle of the United States. After all, traveling across several states to visit a museum can cost hundreds of dollars, but not every family can afford it.
After watching the profits of the two gold museums, they finally got on the right track and became a hen that can really lay golden eggs. It has become a steady growth point for the Yang family's wealth, with a conservative income of about $1.5 billion per year. If the pirate museum is combined with high-intensity publicity, it will be easy for the two museums to make more than $1 billion a year after opening up the popularity.
After inspecting the two museums, Yang Yong turned to the Yang family, another important subsidiary. That is the real estate company of the Yang Group, and now the subprime mortgage crisis that has spread around the world has officially exploded, as the Yang family expected. The flashpoint was the real estate industry in the United States, where the economic crisis affected almost the entire real estate sector.
In the past, those houses were sold so hotly that almost a suite was booked, but now after the whole real estate bubble bursts. Those newly built high-end homes have become unwanted, and some of the consumers who buy those high-end homes have been unable to repay the mortgage after the value of the house has depreciated.
The house had to be handed over to the bank for escrow, and even these mortgage banks entered a state of monetary tightening. How can we care about the life or death of these high-end residences that are pressed in our hands! Therefore, the real estate company of the Yang Group has seen the current bleak real estate industry. Like a shark that smells blood, it targets a small bankrupt real estate company and kills it with a big check.
Large-scale acquisitions and mergers are carried out, and real estate companies that hold large quantities of land in their hands are the first targets of the Young's acquisition. Land doesn't look worth much now, but after the economic crisis, ten years from now, it's the real land. At that time, whether it is building a house or seeing some commercial office buildings, it will be a good business for a million profits, and now is the time to hoard at a low price.
As for the houses that were acquired in the past, after being repaired and organized, the distinctive rental market is relatively hot. For example, some haunted houses are especially popular with young people, and some real estate is rented out after being renovated in the city center.
Due to the low rent, it is very popular with young people who are just entering the society, and the occupancy rate is an astonishing 89%. Although the rent of these houses is cheap, the income is also good, which can basically meet the basic expenses of the real estate company, as well as the repair cost of the house.
It is enough not to lose money, coupled with the Yang family's strong funds, the real estate company has become the most active subsidiary of the Yang family. Charlie is the CEO, plus Stanley, the financial director of the Yang Group, and Pete, the head of the legal department, are the busiest three people. The three made up the Yang family's most famous trident, which swept through almost the entire U.S. real estate industry.
In just half a year, it has annexed more than 25 small and medium-sized real estate companies, and has a large number of land resources in its hands. Moreover, these land resources are all on the edge of the urban areas of major cities, and they will be urban areas in a few years, so how high the economic rate of return will be.