Cherreads

Chapter 40 - Chapter 40: Let Xiao Anan study with you

In August, Chen Pingsheng completed two major tasks.

One was the replanning of the Headquarters, and the second was the more crucial shareholding reform.

After completing these two steps, Tengsheng Fruit officially upgraded to Tengsheng Group Limited Investment Company.

A few extra words were added to the name, and the momentum immediately surged.

In the last few days of the month, he also officially held the group's listing ceremony.

Although the company wasn't large, the momentum had to be built.

Currently, he, Chen Pingsheng, serves as the group's Chairman and General Manager.

Song Yanxi serves as the Finance Director, and Zhang Tao is responsible for the entire logistics department.

Liu Jing is responsible for Beixinan, and Chen Hao, along with others, is responsible for Shijing Mountain.

Specific responsibilities were set, and going forward, there would be more rules for doing things.

It wouldn't be as casual as before.

In Chen Pingsheng's view, this was their first step towards becoming a regular army.

For this, he also specially held a grand celebration ceremony.

Down-to-earth beer and barbecue.

After completing the centralized operation of the enterprise in the Headquarters, Chen Pingsheng immediately announced an important decision.

"Starting from September, after completing the top-up campaign, Tengsheng Fruit's community stores will provide 49% of profit shares to the store management."

What did this mean?

Going forward, the community stores opened by Tengsheng Fruit, as long as they complete the first three months of attracting customers and top-ups.

Will immediately release nearly half of the profit shares into the hands of the store management.

And these shares will be without any cost.

Meaning the management doesn't need to invest further to purchase them, because practical experience has proven that their fruit stores, as long as they handle the customer attraction and top-ups well in the beginning.

Can completely recoup their investment in one wave, or even far exceed it.

This money, of course, will not be distributed to the management.

Only the long-term profits from maintaining the store afterwards will be distributed.

His decision, once implemented, undoubtedly lowered the Headquarters' profits, or even directly gave away half of the profits to the employees.

Not to mention Zhang Tao and the others didn't understand, even his wife Song Yanxi was stunned for a long time.

Out of the blue, was it necessary to give away so much profit?

The salaries they gave employees weren't low, so why give away half of the shares?

Chen Pingsheng, however, felt that if he wanted to make the business last long, he couldn't just think about himself.

He had to let the employees who followed him also make money.

Don't let the Boss alone become a billionaire while the workers following him below can't even make a normal living to support their families.

Under this model, he believed the enterprise couldn't last long.

Therefore, he wanted to give away half of the shares.

Crucially, this half of the shares was after random increases, so it actually wouldn't affect his personal income much.

This decision was more intense than any previous argument.

In the end, he simply exercised his veto power.

"I understand why you object, but if everyone thinks about it in reverse, I believe you will understand."

"The model we've figured out for opening stores now is to recoup the investment in three months. After three months, who is responsible for this store? It's not you, nor me, but the store manager and staff."

"At this point, tell me, if we can't let them earn a high enough income, why would others work for us wholeheartedly? Is it just based on the eight to ten thousand salary we give them?"

"People with real ability can earn this income anywhere. If we, Tengsheng, want to truly retain people, we must let them have an income far beyond their ability. Only this way will our stores not be eliminated by others in the future."

Doing this was equivalent to taking the money out of their pockets and distributing it to the employees below.

Whether they understood it or not, Chen Pingsheng was determined to do it.

Starting next month, the five stores in Beixinan will implement this.

The ones in Shijing Mountain haven't completed the top-ups yet, so it's estimated that they'll have to wait until November to allocate shares to the employees.

Even Chen Pingsheng himself didn't expect that it was precisely because of this share allocation action of his.

That Tengsheng quickly defeated Nongguoyuan in Shijing Mountain.

And even in the future, defeated one strong opponent after another.

Its significance lay in allowing the employees to truly make money.

An income double or even more than the same industry, and the employees wouldn't work their hearts out for you?

Once this mindset shifted, what followed was customer reputation.

Over time, opponents fell one by one.

...

On the way home, Song Yanxi still couldn't figure it out.

The main reason was that the fruit profits all went into her card.

With this setup, she would receive tens of thousands less each month.

This was just for the five stores in the Beixinan area; if you added the five fruit supermarkets already opened here in Shijing Mountain.

And the ten community stores about to open, at least two to three hundred thousand would have to be distributed to employees each month.

That would be four to five million a year.

Heartache to the point of being unable to breathe.

Keeping quiet, Chen Pingsheng comforted her: "What are you thinking about? Still can't figure it out?"

"The money isn't going into your pocket, so of course you don't feel the heartache!"

Women are narrow-minded, and Song Yanxi was no exception; it would be strange if she could figure it out immediately after being told to distribute so much to employees every month.

Chen Pingsheng held her hand and said: "Song Yanxi, how long have we been in business?"

"Nine months."

"That's right, nine months."

Chen Pingsheng said: "Look at how you and I were nine months ago, and how we are now. A few days ago, I met a store manager from Beixinan; he's been working with us from the beginning. As a result, we're driving a Bentley, and he's still worried about not being able to afford to get married."

"Do you think if this continues, he will still follow us wholeheartedly like before? Won't he harbor resentment? Once this thought arises, it's unstoppable. If the manager of a store is like this, can the employees below still work well?"

"If they don't work seriously, who will make money for you, the Boss?"

"Being a Boss means knowing how to make trade-offs. If you don't think for them today, don't expect them to think for you tomorrow."

Song Yanxi had, after all, finished high school; her education was higher than his.

Her ability to accept things was also strong.

In fact, upon careful consideration, it was indeed such a principle.

The fruit industry is inherently tough, employees work long hours, and if they can't earn a satisfactory income.

All management is just fleeting clouds.

Any so-called corporate dream is just a pie in the sky drawn by the Boss to satisfy hunger.

Chen Pingsheng still wanted to be a conscientious Boss.

At least privately, he wouldn't be cursed by employees as a wicked Boss.

Giving away half the profit was just his first step towards change.

To let the employees truly make money by following him.

Song Yanxi huffed and puffed, sticking her butt out all night, and as soon as he got close.

With a jut of her butt, she pushed him aside.

Touching a woman's private stash and expecting her not to get angry was clearly impossible.

Even if she understood, she still had to put on an angry demeanor.

To let you know she was very angry.

This is a woman.

Sometimes, they are just unreasonable.

The next day, which was early September.

This day was a big day; little Xiao Anan at home was finally going to school.

She didn't care much; it was just going from playing at kindergarten to Shijingshan First Primary School.

Sometimes Chen Pingsheng really wanted to complain.

Kids nowadays are something else.

From a young age, they are competing based on their parents.

When she was in kindergarten, his family didn't have the means, so she attended the most ordinary one.

When it came to primary school, the competition began.

To enroll in a good school, the couple first bought a small villa, then moved the Headquarters to Shijing Mountain.

Afterwards, they opened stores and gave red envelopes, only then did Chen Anan successfully get into Shijingshan First Primary School as she wished.

And this was just a first primary school within the Fourth Ring Road.

Above that, there were the Third Ring Road, Second Ring Road, and even real aristocratic primary schools.

Is this still about studying?

From the moment they enter school, the competition is about whose dad is better.

More Chapters