Chapter 134: Chapter 119 Old Chen’s Wisdom_2

The reason those brothers were willing to listen to him was because he could lead everyone to become wealthy together.

Just think, I could only earn two hundred thousand a year before.

Following you, I suddenly could earn two million a year, except for the very few who arrogantly think it’s all due to their own abilities.

Most would be very obedient to you, whatever you say goes.

Even if it’s wrong, it’s right.

Fei Yangyang spent a long time exploring franchise management.

After all, Gao Hu didn’t have experience managing more than a dozen stores; he still had to go drink with Zhang Tao and others to ask for advice.

Actually, opening one store is the hardest part, as you have to do everything yourself.

By the third store, you might feel overwhelmed, dealing with problems whenever they pop up like a game of whack-a-mole.

But by the fifth store, it becomes much easier.

There are standards for everything; just follow the standards, and you’ll be fine.

According to what Zhang Tao and them said, Tengsheng Fruits was initially just Old Chen leading them to start up.

When the business expanded, he said he wanted to give shares to the management, and everyone thought it wasn’t necessary since the business was so profitable.

But what happened later? Old Chen had the foresight.

If he hadn’t distributed half of the shares to those on-site shareholders, Tengsheng Fruits would have collapsed many times over.

You could say that the reason these people can sit comfortably in the headquarters is because those below are giving their all every day to manage each store well.

Of course, Old Chen also led them to make money.

That’s a given.

A long time ago, Tengsheng had many stores that just couldn’t succeed, no matter what; the on-site shareholders were in tears, but it was useless.

Latter on, Old Chen closed all these stores. He refunded their investment down to the last penny and even paid their wages double.

He took on the responsibility alone.

Subsequent investigations revealed that there really is something to the idea of feng shui for the location of a store.

The stores they couldn’t make work had been changing hands for over a decade without a single one becoming successful.

Latter on, everyone understood. When looking for a new location, they absolutely had to ask the locals first.

Directly avoid those stores filled with negative energy.

Plainly speaking, investing in a Tengsheng Fruits store requires one and a half million.

If you’re a store manager, even if you only take a 20% share, that still means investing three hundred thousand.

If it fails, they’re actually not that affected, since they can still make several hundred thousand a month.

But it’s not the same for the working managers; they might not be able to turn their fortunes around for years.

So, later on, Old Chen introduced a policy that as long as the on-site shareholders did their best and the store still couldn’t succeed, the headquarters would take on all the losses.

Crucially, Old Chen had also allowed shareholders who couldn’t afford to invest to take a stake, in other words, he treated them with sincerity.

That’s why those below were truly willing to give their all for him.

Over time, they saw that Tengsheng was getting better and better.

Fei Yangyang did the same; why do you think he set such high salaries for employees and decided to cancel profit-sharing stocks in favor of a year-end bonus when profits were not there?

It’s all about sincerity.

Let’s be honest, nobody’s a fool nowadays; if you, the boss, treat them sincerely, they will also sincerely care for your enterprise.

Old Chen found out Fei Yangyang was making money and immediately allocated ninety percent of the profits to the employees, which is clear proof.

His philosophy is that it’s unacceptable for the boss to enjoy luxuries while those following him can’t even make ends meet or, even more drastically, can’t afford to get married.

After several months of humble learning, Gao Hu grasped some of the core ideas.

He could understand why Old Chen had set such high employee benefits previously.

It’s really easier to manage.

The employees spontaneously solve problems for you, which is completely different from pushing them to work under pressure.

Although Fei Yangyang’s business is extremely busy, everyone works happily.

Starting salary for a chef is two hundred thousand, and even the lowest-paid waiter starts from eight thousand.

Not to mention the management; they are absolutely satisfied.

In such circumstances, when it comes to opening a new branch, you can say that everyone will work together wholeheartedly to make it a success.

Not to mention, Fei Yangyang even had a celebrity hanging around there.

With Tengying continually bringing in high traffic, if you, Gao Hu, still can’t make it work, you truly don’t have the luck to get rich.

Forget about how glorious you were in Sha City, making tens of thousands in a year.

Just look at Old Chen’s eldest daughter, Chen An’an. Isn’t there a month when she doesn’t casually spend hundreds of thousands?

Buying a bunch of junk.

In principle, Old Chen started out just like them, enduring countless hardships; why would he indulge his daughter with such wealth?

Zhang Tao didn’t understand at first either, and he even vividly remembered how obedient Chen An’an was back in that small rental apartment.

When her parents were out, she would stay home alone without crying or making a fuss.

She wouldn’t open the door to anyone, only jumping for joy when her parents came back.

It wasn’t until Old Chen explained it to him that he understood.

An’an had become the daughter of a wealthy family, no longer just the daughter of a durian seller on the street.

Her mother was no longer a customer service agent answering calls all day long.

She now had to adapt to her new identity, so that once she got used to this type of spending, she wouldn’t be confused by money and material things as she grew up.

In plain terms, only those without money are easily attracted and tempted by material things.

After having money, especially for those who have been big spenders since childhood, material things mean little to her.

By that time, she would pursue what she truly wants.

Old Chen also said that when he was young, he wanted to be a basketball player or even a singer.

But look at him after marriage; does he have dreams anymore?

All that’s left of his dreams is making money, and that’s all he can do.

He didn’t want Chen An’an to be like that when she grew up. He would rather she pursued her dreams without much achievement.

Even if this dream seemed very unreliable, and even looked unambitious to others, as long as she liked it, that was enough.

At least, she would have lived her life for herself.

Just look at Old Chen’s level of awareness when he says these things; we really can’t compare.

An’an has always been his most beloved, so now she buys whatever she wants.

Even if she throws it away immediately after buying it.

Old Chen wouldn’t say anything.

Because his family no longer lacks this, what’s missing is just for An’an to adapt to her new circumstances.

Once she truly adapts, this kind of spiteful spending will stop.

Old Chen’s way of teaching his daughter is to think long-term.

It also truly made them understand what it means to think deeply and far ahead when parents plan for their children.

He looks really far ahead.

He doesn’t care about how she spends money now; he just hopes she grows up to be what she wants to be.

Even if you change the example, it’s the same with Old Chen’s elder sister, Chen Yao.

She took care of him since he was young.

Now, he has opened a grocery store for his elder sister. Is that treating her poorly?

No, it’s about ‘small wealth leading to contentment.’

For his elder sister, earning fifty or sixty thousand a month through her own labor is happiness.

If you really made them earn a million or even ten million a month, they definitely wouldn’t be as happy as they are now.

Being able to considerately arrange such for his elder sister is what true kinship is about.

In short, if you, Gao Hu, want to do well with Fei Yangyang,

following Old Chen’s advice is the right move. Whatever he says to do, do it, even if it seems wrong, execute it first before discussing.

The likelihood is that you’ll get what you want.

If you insist on adding your own ideas, there’s a high chance it will backfire.

Though Old Chen grew up with them, his wisdom is really on a different level.

That’s what Zhang Tao says the most.

Zhang Tao owes his success today, a country bumpkin from out of town living a decent life in Capital City, even doing better than the locals,

to Old Chen, and likely in the future too.