Zi Wei Feng Bao

Chapter 290: The Meeting (Part 1)

"What are you saying?"

"You're going to spend over six million in advertising fees in the second half of the year?"

"In one year, you're going to spend ten million on advertising?"

Liang Xiaohai shot up from his seat. He had known Yu Zhou could be aggressive at times.

But he never imagined he would be this aggressive.

Under these circumstances, a ten million budget, wasn't that just openly being a scatterbrain?

Even though he had seen the value of advertising before, he couldn't help but get excited at this moment, completely unable to fathom how an advertising budget of tens of millions in a single year was calculated.

"Do you know that our total profit for this year isn't even ten million! And you're pouring it all into advertising?"

"Where are we going to get so much money?"

Liang Xiaohai wasn't a typical businessman. He had only been the deputy director of a dried fruit factory before.

He naturally didn't understand what private entrepreneurs thought.

In his eyes, even though Yu Zhou was very capable, the purpose of starting a factory was to make money and build a business.

The ultimate goal was profit, and Yu Zhou had made this reason very clear before, so much so that even Liang Xiaohai had heard it many times.

However, aiming for profit and wanting to make money, why would one spend tens of millions on advertising in a year?

This was an unimaginable number!

After all, even with its two flagship products, the current value of "Three Horses" company was only around thirty to forty million.

You're spending tens of millions on advertising in a single year; this isn't how business is done, right?

Yes, in Liang Xiaohai's mindset, there was no one who would dare to do such a thing. No, even those businessmen didn't think that this kind of crazy advertising was too terrifying, did they?

This completely defied the logic of business!

It's really not Liang Xiaohai's fault for being inexperienced. No businessman in this era would survive under such logic, would they?

As a result, his shocked expression became even more intense. He stood there looking at Yu Zhou, not knowing what he was thinking.

"What, do you find this ten million unacceptable?"

Yu Zhou's expression remained unchanged, but he knew very well what kind of reaction the other person would have after hearing this plan. It would be strange if they were indifferent.

Given his current assets, this so-called ten million could definitely be considered an astronomical figure. Spending so much on expansion in a single year might be nothing in the eyes of others, but spending so much on advertising, especially television advertising, would be strange if one could remain calm.

"It's not that I can't accept it, it's just that I never imagined the budget would be this terrifying."

"We don't even have that much money right now! More importantly, why?"

It wasn't that Liang Xiaohai found the matter incredible; anyone else would find it incredible upon hearing these words.

Ten million Longxia currency, just for advertising, and only television advertising, was simply unbelievable.

"Do you think television advertising has any effect on boosting our brand recognition?"

Yu Zhou looked at his hesitant expression and knew that Liang Xiaohai, like most businessmen and entrepreneurs, was the same.

It wasn't that they were reluctant to spend money on advertising, but rather, compared to Yu Zhou, they were more conservative.

However, true enterprises often encounter many problems precisely because of this conservatism.

It's not that it's impossible to develop a business without being aggressive, but could that slow pace truly create a huge enterprise? Even Yu Zhou himself knew very well that the possibility was slim.

As a result, even though he understood it clearly in his heart, persuading many people would not be easy. It was only because the "Three Horses" company currently only needed him to make decisions alone. Otherwise, a board of directors could completely negate his plan.

"I admit that television advertising is something we haven't experienced before, and it's indeed very effective."

"But even so, do we need to invest so much money in one year? Moreover, we don't have that much money?"

At this point, Liang Xiaohai wanted to object.

But the matter seemed completely unnecessary to him. Wouldn't it be better for the entire company to develop in the long term by being conservative?

An advertising budget of over six million in the second half of the year, even if it could be recouped by the end of the year, would be difficult to raise, right?

After all, the company's current liquid capital was only a little over one million. Even with the invested capital, it only amounted to about six million.

Salaries, funds for new factories, and various expenses. In the second half of the year, millions would be spent.

It would be good if there was a surplus before settlement, as the "Three Horses" were currently in a period of rapid development.

Calculating it this way, even if Yu Zhou had such intentions, he would need to have the funds first, wouldn't he?

He had already felt that Yu Zhou had great ambitions before, but he never expected his ambitions to be this great.

"Right now, the least we need to worry about is capital."

"If we wanted to, we could approach major banks, and they would immediately treat us as honored guests."

"Even though the factory already has three to four million in loans, it would be no problem to borrow another ten million."

"And for us, there would be no pressure to repay this amount."

Yu Zhou said this without any pressure.

Clearly, he not only had confidence in himself but also in the future development of the company.

If not for this, why would he act this way?

"You mean, loans? And quite a substantial amount this time?"

Alright, Liang Xiaohai finally understood that Yu Zhou was determined to proceed. Since that was the case, even if something happened, it wouldn't have much to do with him.

After all, he had said what he needed to say, and the decision-maker of this company had always been Yu Zhou.

As long as Yu Zhou was willing, he had no obligation to consult with anyone on such matters.

At this moment, saying these things was already showing him considerable respect as the deputy general manager.

Of course, Yu Zhou wasn't completely dictatorial at this moment. The reason he told Liang Xiaohai everything was not without the intention of having him offer suggestions.

After all, a completely dictatorial company, in Yu Zhou's view, was unhealthy.

Only by pooling everyone's wisdom could the company develop smoothly and steadily.

Yu Zhou had the memories of his rebirth and knew the future development trend, but he couldn't guarantee that he would never make mistakes.

Especially when, after many years, his rebirth memories would no longer be able to control the company.

If he continued to maintain a dictatorial habit, he might drag the company into an abyss.