Chapter 1034: Chapter 774: Play for 3 Days_2
These people have quite a wild way of playing, but thinking about it, it’s normal. Rich people have seen all sorts of beautiful won.
Having seen many beautiful won, they start to enjoy so thrill, and there are even many who are psychologically twisted.
The kind of senior sister who cos and goes at your call can accumulate at least a few million in two years.
When she’s done, she can casually take her money, return ho, and open a clothing store, still the goddess unattainable by the whole village.
Unintentionally, Chen Pingsheng has saved a lost girl.
Another little act of rit to his na.
In the afternoon, Sun Jiahui called him to attend a charity auction together.
Participating in this auction wasn’t for other reasons; mainly, there was a painting that a big figure in Peng City liked.
That big figure doesn’t have a high inco, but holds a lot of influence.
Anyone like that undoubtedly works within the system, seated in an office.
Sun Jiahui wanted to use this painting to cater to that big figure’s taste.
It’s only normal for businessn to exploit avenues like this.
There are also many talented people who chat about art amidst scenes of romance.
Sun Jiahui is not imdiately seeking favors by sending the painting, she rely wants to leave a good impression with the big figure.
In the future, you never know when it might co in handy.
Charity auctions are common in the upper circles, as well as in the entertainnt circle.
Everyone brings out so nice things for auction, and the money made is used as a donation, gaining both fa and virtue, why not?
Sun Jiahui probably inherited her grandpa’s skills in relationships, being very adept at navigating them.
This is the main reason why Chen Pingsheng doesn’t want to talk much with her. Businessn who rely on political ties spend their whole lives studying interpersonal relationships and drinking culture.
And they would never devote their minds to making good products.
The auction is hosted in an upscale club, and participants need to have a net worth in the billions.
Birds of a feather flock together, and the billionaires you rarely see usually gather in their circles.
Chen Pingsheng has never been fond of collecting antiques, nor collecting calligraphy and paintings from old masters.
In his thought, these things have pitiably low real value, with only many pretentious people liking to hang them in their hos.
He was just tagging along with Sun Jiahui as a driver. Sun Jiahui, as she wished, bought that painting she had her eyes on for nine million.
Pack it up, and prepare to find a suitable opportunity and reason to gift it away.
Reasons are easy to find; it could be a family mber’s birthday or various festivals.
Anyway, those who want to give gifts will always find all sorts of reasons.
Chen Pingsheng also saw a pretty decent pen at the auction but thought about it and decided not to buy it.
When Little Ji Ye starts kindergarten, then he’ll buy it.
When heading back, Liu Qingqing was playing hide and seek with Little Ji Ye and several other kids in an urban village.
Little Ji Ye hid well, he wasn’t found for quite a while until it was almost ti to go ho for dinner.
Chen Pingsheng thought to himself, this driver job he probably wouldn’t last long, he might as well open a small restaurant in the urban village.
Just like before, he could watch Little Ji Ye grow every day.
With this in mind, he imdiately sought soone to handle it.
His wife Song Yanxi arrived ho on a small motorbike, hearing he wanted to open a restaurant again, she said, “You just have a penchant for getting fed up with every job you do.”
“Isn’t that normal, I still want to see Little Ji Ye grow up every day. By the way, you seem to handle teaching pretty well, I haven’t heard you complain again.”
“What is there to complain about? I always liked being a teacher. Now it’s just realizing an old thought, as for you, you never needed to be a driver.”
It seems so… Chen Pingsheng secured a small two hundred square ter storefront not far away.
This ti he wasn’t planning to serve cooked dishes but planned to open a barbecue shop; though barbecue shops usually have better business at night.
With his old fra, he couldn’t frequently stay up late; the shop would close by 8 PM.
Chen Pingsheng went to inform Old Sun about leaving; it was Sun who introduced the job. Out of respect, it was polite to speak up beforehand.
Sun Jiahui, even among the structured systems, could mix pretty well.
Her company can earn tens of millions a year for a reason.
When the renovation of his barbecue shop started, he had already inford Sun Jiahui in advance of his resignation.
Su Xiaoxi had no objections, it’s quite easy to find soone for a chauffeur boss position.
Calculating the ti, he was already fifty-four this year, ti doesn’t wait…
Tong Zelan called him about hosting a Tengying Holding global eting in Xiangjiang.
All in all, the chief shareholders will further determine the group’s future direction.
To speak frankly, each of the Seven Chiefs was already at the stage of passing the torch to the next generation.
Whether they can smoothly hand over, and how to hand over, directly impacts whether their families and enterprises can continue the previous generation’s glory.
Chen Pingsheng took An’an, Er Piya, and Su Xiaoxi to participate.
An’an often t with these group elders, Er Piya had been by Tong Zelan and Shen Nanpeng’s side to learn for a long ti even abroad.
Su Xiaoxi was attending such a high-level group eting for the first ti.
All of them were early supporters of Tengying Group’s developnt; everyone mutually assisted each other along the way to co this far.
But after decades, everyone found different developnts in their own fields.
In the second-generation transition, Chen Pingsheng adopted a more modern group personnel chanism.
The approach was “let ritorious ones rise, flat ones give way, and diocre ones directly step down.”
Even his only son, Chen Lu, couldn’t inherit the family’s tech enterprise.
He did it this way, but others didn’t.
Among the Seven Chiefs, the earliest to have the second generation take over was a giant in the automobile field who also held a drinks industry giant.
His son inherited their car industry five years ago, and his daughter took over the family’s drinks empire three years ago.
Both second-generation were ambitious; they even called him Uncle Chen when eting him.
In less than five years after taking over, the automotive sector, regardless of sales volu, saw its market value drop from a peak of over 300 billion to just 60 billion now.
In five years, they’ve incurred a net loss of 280 billion.
The young folks still have ideas; to surpass their father and to implent their own ideas, they launched a bunch of internet-famous car models.
The nas also had distinctive features, but later, they changed the nas of those sought after during their father’s tis.
The era abandoned the second generation without any warning.
The guy initially planning for a peaceful retirent now had to bail out his son.
The son managed to ss things up to this extent; the daughter wasn’t much better off.
Every month a new drink gets launched, ads flood the place, and profits decrease faster yearly.
Upon taking over, the annual profit was no less than 4 billion; now at most, it barely makes a billion a year.
In three years of effort, they turned themselves from a top dostic beverage group to a second-tier one.
At this rate of effort, they might disappear from the market within two years.
The guy was pretty stubborn; when Chen Pingsheng suggested a selection chanism, he refuted it in one sentence.
“The empire I built, if not handed to my kids, then who do I give it to?”
His two kids didn’t even work in the group for two years before becoming President and taking over comprehensively.
Now, it’s directly made him the weakest of the Seven Chiefs.
If they keep going like this, he would be eliminated.
It must be said, the second generation wanting to work hard is truly a big pit.
If they hadn’t gone to inherit the family business, not thought of surpassing their parents.
These few years, no matter how one spends money, it’s like that.
Among these people, many have traditional thoughts; indeed, the son succeeds the father.
When the father retires, the son continues his work.
This guy used to boast about how well his kids were raised; now he’s practically blindsided after they beca Presidents and inherited the family business.
The second generation directly goes back to succeed as Directors, managing their family’s group.
According to data from the Economic Research Institute, maintaining the status quo ans not regressing after succession.
That already makes one the chosen one; if further advancent is made and the group is developed better.
That would be one in ten thousand.
According to big data, over 80% of the second generation sees their group not improve three years after taking over.
Still, no less than ten million a year is profit now, which, if you calculate up, is not forgiving about age.
Tong Zelan called him to host a global Tengying Holding eting in Xiangjiang.
In essence, it’s these chief major shareholders going to further determine the group’s future.
It has to be said, each one of the Seven Chiefs has reached the point where passing the torch to the next generation is due.
Whether or not they can pass it smoothly, how they pass it, completely hinges on whether their family and businesses can continue the glory of the previous generation.
Chen Pingsheng brought An’an, Er Piya, and Su Xiaoxi along to attend.
Playing hide-and-seek with several children; before being found the others had to head back for dinner.
Chen Pingsheng thought: he wasn’t suited to be a driver for long, better to open a small tavern in the urban village instead.
As before, he could continue to watch Little Ji Ye grow up every day.
Thinking of this, he imdiately went to make arrangents.
When his wife Song Yanxi returned, she was riding a small electric scooter, and upon hearing he wanted to open a restaurant again, she said, “You have a habit of never sticking to any job for long.”
“Isn’t that normal? I still want to see Little Ji Ye grow up every day. Besides, you do pretty well as a teacher, I haven’t heard you complain lately.”
“There’s nothing to complain about really, I’ve always liked teaching. It’s just fulfilling an old wish, but as for you, there’s no need to be a driver.”
True enough… Chen Pingsheng bought a more than two hundred square ter small storefront nearby.
This ti he decided not to start a restaurant but to open a barbecue place, though barbecue places usually do better business in the evening.
With this old body, he couldn’t stay up late often. He’d have to close by eight at the latest.
Chen Pingsheng went to tell Old Sun about his decision because it was he who got him the job, and leaving after such a short ti without giving prior notice would be disrespectful.
A person like Sun Jiahui would do well even if she entered the system.
There’s a reason her company earns tens of millions a year.
By the ti his barbecue shop was being officially renovated, he had already told Sun Jiahui about his resignation in advance.
Su Xiaoxi didn’t mind; finding soone for a boss driver position is not difficult.
Doing the math, he’s already fifty-four this year, ti waits for no one.
Tong Zelan called him to host a Tengying Holding global eting in Xiangjiang.
In short, they—the Seven Chief major shareholders—would further determine the future direction of the group.
Whether they could pass on the mantle smoothly, and how they would pass it on, was entirely tied to whether their family and business could sustain past glories from the previous generation.
Chen Pingsheng brought An’an, Er Piya, including Su Xiaoxi, along with him to attend.
An’an often t the elder mbers of the group while Er Piya has been studying alongside Tong Zelan and Shen Nanpeng abroad for a long ti.
Su Xiaoxi was attending such a high-level eting for the first ti.
All of them were early supporters of Tengying Group’s developnt, and it is through mutual support that they have co this far.
But after decades, each of them has developed differently in their respective fields.
In the transfer of leadership to the second generation, Chen Pingsheng adopted a more modern group personnel chanism.
It emphasizes a system where the capable rise, the ordinary give way, and the diocre simply step down.
Even his own only son, Chen Lu, couldn’t inherit the family tech enterprise.
That’s how he does it, but others don’t.
Among the Seven Chief, the one who had the second generation take over the earliest was a giant in the automotive sector, also big in the beverage industry.
His son inherited the family’s car industry five years ago, and his daughter took over the family’s beverage empire three years ago.
They are quite ambitious second-generation heirs; even when they see Chen Pingsheng, they respectfully call him Uncle Chen.
Within five years of the son and daughter taking over, the car section has not just seen declining sales, but the market value plumted from a peak of over 300 billion to around 60 billion now.
Their efforts in five years led to a net loss of 280 billion.
The young ones did have ideas; in striving to surpass their father, and to experint with their ideas, they made a whole bunch of internet-famous stuff.
When tis abandon the second generation, they do so without even saying a word.
They say, a son inherits the father’s business.
After the father retires, the son continues on.
They see succession statistics from the Economic Research Institute and those who can maintain status quo or at least not regress after succession.
They are the chosen ones, those who can move forward are indeed rare.
Over eighty percent, based on big data, end up having the group regress within three years of inheriting it.
Yet many of these older business magnates find it unavoidable not to focus on generational succession.
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