Chapter 162 - Funding CAA (Seeking Collection)

Sure enough, when Xu Guanwu appeared in the CAA company, those young people were really excited.

CAA was developed by Michael? Ovitz, Lang? Meyer, Martin? Baum, William? Hubble and Roland? Perkins was founded by five high-spirited young men, who had previously worked together in William. Morris Brokerage does things.

But William. Morris is a veteran brokerage company, and the system pursued is also quite rigid, paying attention to seniority, and the five young people feel that it is difficult for them to get ahead, so they agree to jump out together and prepare to start their own business.

But the road to starting a business was arduous for each company, and the five of them drove CAA with only $36,000 in loans, $21,000 in savings, and two dilapidated classic cars.

In the past few months since the start of the business, the five of them have not received a salary, and even the $100 expenditure has to be cautious and cautious, which can be said to be quite difficult.

So when they heard Stallone tell them that there were wealthy Hong Kong businessmen who wanted to inject capital, this group of young people was naturally very happy.

The meeting took place in the office of CAA, which is only one or two square meters and has furniture made up of old goods bought from a flea market.

Xu Guanwu looked at the company, and had some understanding of the economic situation of the five young people, and he was more confident about injecting CAA.

"Mr. Xu, I heard Stallone say, you want to invest in our company, right?" Michael. After Oviz's greetings, he asked straight to the point.

Xu Guanwu nodded, "Yes, I heard Stallone talk about your business, and I appreciate you five young people who dare to work hard, so I plan to invest a sum of money." ”

"That's so thankful." Several young people looked at each other, and they were very happy.

Although they had not dealt with Xu Guanwu before, they had also heard many rumors and knew that this wealthy businessman in Hong Kong was very generous. Once you have identified an investment project, you will never skimp on money.

"I don't know how much Mr. Xu plans to invest?" Michael asked expectantly.

"A million dollars, but I'm going to buy this company." Xu Guanwu said.

"It's ......," said Michael. Oviz couldn't help but be stunned, and several other young people were also a little hesitant.

Several of them are young and vigorous at the moment, and this company is the one they have worked hard to create, just like their own children, no matter how poor they are, they can't sell it.

They naturally welcomed Xu Guanwu's capital injection before, but when it came to acquisitions, they were a little hesitant.

inject capital, and they will still be the boss after that; Acquisition, and I have to work for others again.

Since they are all part-time jobs, why did Weishenme have to jump out of other companies at the beginning?

"I'm sorry, Mr. Xu, our company is not for sale." Michael shook his head.

"Yes, our company is the work of the five of us, and we won't give up so easily." Bright. Meyer also agreed.

……

Xu Guanwu didn't expect a million dollars, and it didn't impress these five young people, so he couldn't help but be silent for a while, "Since that's the case, let's not talk about the acquisition." I want to know, if I inject $1 million, how much share are you going to give me? ”

"This ......" Michael glanced at the others, and they couldn't help but be a little silent.

The total registered capital of CAA is only tens of thousands of US dollars, and if Xu Guanwu injects one million US dollars, he will directly become the largest shareholder, accounting for more than ninety percent of the shares.

"In this way, I don't want to take more shares, eighty percent belongs to me, and the remaining two percent belongs to you." Xu Guanwu said, "Although I am the largest shareholder, I will not interfere in how to manage the company in normal times. Because my career is currently in Hong Kong. ”

Hearing that Xu Guanwu would not interfere with the company's operation, the five young people couldn't help but feel moved.

That is to say, he got a million funds for nothing, and he did not lose the right to manage.

Martin was the first to say yes, followed by William and Rowland.

Michael and Lang. Meyer wanted to be more reserved, but seeing that the other three had already nodded, he had to nod his head and agree.

Xu Guanwu saw that the five of them nodded in agreement, and couldn't help but smile and nodded, "This CAA will be handed over to you in the future, operate it well, if the performance is high, in addition to the twenty percent dividend, there will be a lot of dividends every year." ”

"Mr. Xiexie Xu." Michael. Ovitz led the group and said.

Xu Guanwu nodded calmly, but his heart was already happy.

Although CAA is only worth tens of thousands of dollars at the moment, it will grow into a Hollywood giant in a few decades, with annual revenues of more than $300 million, making it the most influential company in Hollywood.

A mere $1 million can be exchanged for $30 billion in earnings, and Xu Guanwu's investment is definitely worth it.

……

Accompanied by a lawyer, after signing the contract, Xu Guanwu also taught the five young people several points that CAA can develop in the future.

The first is bundling, CAA has reduced commissions and signed a large number of talents, covering all aspects of film and television production. There are both stars, directors, screenwriters, program planners, writers, and so on.

If a film and television company needs to produce a program, CAA will directly provide the required full set of personnel according to his needs, which greatly facilitates these film and television companies and makes them more willing to cooperate with CAA.

Bundling is not only conducive to CAA to promote its own talents, but also has the qualification to compete with film and television companies after completing a rich talent reserve.

The business model of bundling has also made the agent change from the nanny of the star to the controller of the star, with two sharp weapons, low commission and high salary, so that no matter how big the star is, he can only bow down.

Second, it is a uniform model. Internally, everyone has only status, no title, and everyone is equal. There are no signs in the office, and the meeting room and reception room are available to anyone at any time, and even the payslips are arranged by the letter of the surname.

Externally, whether it is a movie premiere or an awards ceremony, CAA agents always attend public occasions in groups of three or five, and when they appear, they not only dress uniformly, but also speak with "the same voice".

Third, set up a betrayal cost model. In order to prevent the occurrence of incidents in which its employees change jobs and take the stars away after mastering the stars, CAA specially transferred all entertainers to a team management, team operation, and information sharing.

The company takes care of most of the work of the celebrity, and all the agents are only responsible for a small number of things. In this way, even if the agent wants to change jobs, he can't poach any superstar.

Secondly, with high salaries to envelop its employees, high-level agents earn more than one million dollars a year, which is a fairly rare high salary in Hollywood.

In addition to cultivating a few star agents for some superstars, CAA never gives bonuses to someone who likes to perform alone, so that the vast majority of employees can concentrate on the client's affairs, and then work more according to the project income. The CAA also offers separate rewards for those who are good at leading team members to collaborate.

Numerous initiatives can motivate employees and make them work harder to contribute to the company.

Third, after CAA has grown into a giant in the film and television industry, with the countless talents it has gathered, it is not afraid of anyone's betrayal at all.

Because from writers to screenwriters, from directors to actors, from musicians to producers, most of the top entertainers have been invested in CAA, and it is almost impossible for betrayers to gather top resources to do big projects.

These three measures can not only enable CAA to quickly rise to become a Hollywood giant, but also strictly control the risks within the company, so that CAA can continue to sail forward steadily.

Michael. Ovitz, Lang. Meyer and the other five young people originally saw that Xu Guanwu didn't care about it, and shouted that they wanted to acquire the shares, and they all regarded him as a local tyrant who didn't know anything about the brokerage company.

But now that I heard him teach him face-to-face, I couldn't help but be shocked by these business methods that I had handed down.