Victory in Life
Chapter 114
"Are you planning to jump into the entertainment industry?" Wendy asked because she was intelligent and could sense Jasper's intentions.
As for his last sentence, Wendy naturally ignored him, she was already used to this man occasionally uttering nonsense, so Wendy took it as if she had not heard him.
"The entertainment business is very potential" Jasper said, when he saw Wendy trying to say something but stopped herself, he asked, "You don't agree with me?"
Wendy sat down and said, "No, I'll always support your decision, but I'm just worried we have too much business to take care of, on the one hand, JW Capital makes investments and on the other, we also do Real Estate, would it be a little excessive if we were to plunge into the entertainment industry as well?"
Wendy's concerns make sense, as some companies that thrive in one industry will not be able to recover after a small drag when they take the so-called diversification path.
Examples in other countries are beverage companies that are considered as community brands, they do not focus on making drinks, but instead dabble in Real Estate and supplements, in the end their losses almost make the company close.
Domestically, it was the Schuler Group, an old fox like Dawson almost jumped off the building because he got into capitalist territory with his initiative after being tricked by Hanks.
Of course, Wendy's worries weren't entirely unreasonable.
"The main focus of JW Capital has always been in the financial industry, and our main job is venture capital, this will never change" Jasper explained attentively.
"While that Real Estate company would be another business and your father would manage it, I'm not worried at all.
"I don't plan to start from scratch about our entertainment business in the future, I want to buy entertainment companies on the mainland and Harbor City, this is the same concept, this is the same concept, I can't manage the company myself, so I'll leave professional matters to the professionals, I'll just be responsible for planning the whole project as a whole"
Wendy's eyes sparkled when she heard what Jasper said, she asked, "Are you planning to set up a parent company in the future?"
Jasper smiled and pinched Wendy's nose, she said, "Smart"
"The company system is too small"
"Although the corporation will be sufficient to hold multi-industry development, the framework for the corporation is still quite limited.
"So, I plan to cast my net for now, in the future when companies from different industries become quite successful, then we can start a holding company.
"In this way, we will not lead to a situation where people from outside the industry need to lead people from within the industry, plus, more, we will not have the possibility of failing to have multi-industrial development"
After he said this, Jasper looked at Wendy and smiled gently "Let me test you, where does this framework usually appear?"
Wendy suppressed her excitement and said "Financial group?"
"Right, the financial group" Jasper nodded.
"My goal was never to expand any company or corporation, it was too small, The only way is to create a true financial group and use it to have a number of controlling shares in the headquarters of various industries, he said, that's the real development of the Oligarchic Economy"
Jasper was not the first to create this framework.
For example, Simsing Financial Group, Triton Financial Group, and many other financial groups in the west are all developing in this way.
Even the strongest companies will have their limits, for example, Weresoft and Honeydew are the biggest companies in the world, but Weresoft is clever
developed the operating system while Honeydew was good at developing electronics
One industry cannot satisfy Jasper's appetite.
He has a chance to be reborn, so if he doesn't start a financial group and become an oligarchy, then what's the difference between him and a dead fish?
"At that time, my father kept telling me that you were a hidden dragon and that you were going to fly into the sky someday, I thought he admired you too much and just talked big, I thought, Now why do I feel that your ambition is bigger than a hidden dragon?" Wendy asked sincerely.
Jasper chuckled and said "I've spoken to your father, and we will ask the head of Financial Affairs to work for half a year at JW Capital, we will treat this as a temporary transfer, he said, you've got to learn from him in six months"
Wendy said angrily "Do you think I don't have the ability?"
Jasper said quickly, “No, that's not it, I'm afraid you won't be able to handle everything once the industry with our name develops"