Zi Wei Feng Bao

Chapter 343: Plans for the Future (Part 2)

"This news is truly exhilarating."

"However, going forward, do you plan to focus primarily on the electronics industry or the food and beverage industry?"

A hint of confusion flickered across Qin Siyue's face.

In truth, her question was one that everyone present wanted to ask.

Especially the executives from the "Three Horses" companies, who were most eager to know Yu Zhou's future plans.

Would the advent of the electronics industry mean he would gradually lose interest in "Three Horses"?

After all, many of the executives present still held deep affection for "Three Horses." Knowing that "Three Horses" would undoubtedly develop into a nationally renowned brand in the future, if the boss suddenly shifted his focus away from it to pursue other ventures, wouldn't that be a devastating blow to a thriving enterprise? It was an outcome no one could have imagined.

Everyone was aware of Yu Zhou's capabilities. If he were to dedicate himself solely to the development of "Three Horses," no one could fathom the kind of company it would ultimately become.

But would he truly think this way? Would he completely abandon this industry once he started developing the electronics sector?

To be honest, many people began to feel a sense of unease. After all, they all knew how crucial Yu Zhou's role was within "Three Horses."

"I know what you want to ask, and I know what you're worried about."

"Don't you think advancing on all fronts is the best choice?"

"This electronics industry, while perhaps unexpected, was also part of my prior plan."

"'Walking on one leg' is inherently fraught with danger. Having two completely unrelated businesses become strategic partners is actually the optimal approach."

Yu Zhou uttered words that few could immediately comprehend, causing almost everyone present to furrow their brows and ponder his statement.

Two completely unrelated businesses forming a strategic partnership, with one owner overseeing both – was this truly a good thing?

Well, it wasn't surprising that everyone was bewildered. The concept Yu Zhou presented was simply beyond their grasp.

Logically, it would be more acceptable for one owner to develop a single industry, even if it diversified, rather than to develop two entirely different industries.

Yet, in Yu Zhou's words, the situation seemed entirely reversed. He advocated for two vastly different enterprises to advance together. Wasn't this contrary to conventional business practices?

"This kind of strategy has its pros and cons. It all depends on whether I, as the decision-maker, have sufficient energy."

"Consider this: if one of our "Three Horses" products encountered a problem, a significant issue that could ruin the brand, wouldn't all the snack and beverage brands under "Three Horses" be affected?"

Yu Zhou began to explain to them in a concise and easily understandable manner.

There were no fools present, and they quickly grasped Yu Zhou's meaning.

Indeed, if a related brand faced a major crisis, it would drag down its sister brands, potentially causing even greater damage.

However, if their operators had brands in two entirely different industries before such a crisis struck, they could offer support and complement each other.

To give a simple example, if Yu Zhou's "Three Horses" company brand faced a problem, such as a food safety issue, consumers might boycott "Nutritional Express," "Melon Seed," or even any snack and beverage brand.

But it was unlikely they would boycott VCD players or portable music players, which were completely unrelated to food, right?

This was what Yu Zhou meant by not putting all one's eggs in the same basket. Furthermore, if one side was profitable while the other was not, they could still mutually transfer funds to revive the enterprise.

It was only at this point that everyone present truly understood Yu Zhou's astuteness.

Was this something no one could have thought of? In fact, the plan itself wasn't necessarily groundbreaking.

What was truly brilliant was Yu Zhou's confidence and ability to successfully develop two unrelated businesses, which was his underlying strength and potential.

By this point, almost everyone present finally nodded in agreement, accepting Yu Zhou's current plan.

They understood clearly that Yu Zhou's proposal was the best plan he could devise to foster the nascent concept of commercial complementarity in the future.

Even business strategies are subjective and depend on the individual. Yu Zhou had clearly considered all aspects of the situation, leaving the management and partners present with no reason to object.

"I think it's a good idea. This is what it truly means to walk on both legs, and only Yu Zhou has the confidence to achieve it."

Qin Siyue was the first to voice her support. In fact, she would have considered it normal if Yu Zhou had decided to proceed without her.

After all, although she had been helpful in establishing the food and beverage company, "Three Horses" was fundamentally built by Yu Zhou, step by step.

During this process, Qin Siyue had not even been involved in the most basic management.

In her eyes, it was akin to receiving a free benefit. Now that Yu Zhou had the capital and strength to develop independently, even leveraging the prestige of "Three Horses" for his endeavors, she still felt he was doing the right thing.

After all, who wouldn't want a completely independent enterprise?

However, what she hadn't expected was that Yu Zhou would not sideline her or any of his previous partners. Instead, through the cross-shareholding with "Wan Yan," he had firmly bound everyone together on the same chariot.

This act of not forgetting old friends made Qin Siyue feel that her previous investment was a bargain, and she had gained a friend who was second to none.

She was deeply moved and felt it was her immense good fortune to have such a friend.

Having witnessed the treachery and deceit common in the business world, Qin Siyue genuinely had few friends in her real life.