Tycoon: From Rags to Riches

Chapter 192 - 169: The Board and the Chu Brothers

  • Next Chapter

Chapter 192: Chapter 169: The Board and the Chu Brothers

Chu Zhengnan grew a bit anxious. "Didn’t we agree..."

"We did have an agreement, but that was on the premise that he was only the chairman of Zhen Cui Group."

"Things have changed now, so naturally, we have to change with them."

Chu Zhengxiong cut Chu Zhengnan off directly. He seemed very calm. "Ah Nan, I know you’re unhappy about this, but since we chose to seek financing, this was bound to happen sooner or later."

"Even if it weren’t Gu Heng, tomorrow it could be Wang Heng, Niu Heng, or Ma Heng. You need to adjust your mindset. The fact that he alone can control over three billion in Ruyi Airlines stock at such a young age means he’s not someone we can afford to cross."

Hearing this, Chu Zhengnan gave a sullen grunt of acknowledgment.

From his expression, it was clear he was still resentful.

"Big Bro..."

"I still don’t get it."

"Why did we have to get financing?"

"If we were short on cash, we could have just earned it slowly."

"But no, now look. We’ve brought in this titan we have to answer to."

Chu Zhengnan scratched his head, his expression turning a little agitated.

"All of our businesses are offline. The moment we open our eyes each day, we’re facing enormous costs. The pressure on our cash flow is immense. We have to make a change."

"We not only need to diversify our businesses, but we also have to upgrade our existing ones, enter a full-scale expansion phase, and further seize market share while strengthening our brand’s influence."

"If you want a revolution, you have to make bold, sweeping changes!"

"And catch all our competitors completely off guard!"

As he spoke, Chu Zhengxiong’s entire demeanor shifted, becoming completely different from a moment ago.

He was like a hungry wolf that had just spotted its prey, the predatory glint in his eyes undisguised.

"With our current capital alone, it would be difficult to achieve these goals, and the risk would be too great."

"Under these circumstances, we had to bring in outside capital. Not only does it provide us with ample cash and give us the reserves we need to win this war, but it also helps us share the risk."

"Besides, the Bessemer Trust Company, which provided our financing, is the world’s largest multi-family office. Even if this is just a regional office, its influence throughout the entire East Asia Region is second to none."

"With such a powerful backer, the difficulty of expanding our three brands—Tea Sense, Sound Wave, and Roar Hall—to the south will be drastically reduced. The benefits will be enormous."

For some time now, Chu Zhengxiong had known that Chu Zhengnan was strongly opposed to the financing deal. But at the time, he was so swamped with work related to it that he didn’t have the energy to deal with his brother. Today was the perfect opportunity to finally explain the matter clearly to him.

"Sigh..."

"Thinking back on it now, I think we were happiest back when we opened our first music club in Beichun."

Chu Zhengnan let out a soft sigh. "The brothers were all together every day. We didn’t have to think about so much or deal with so much. Now, our business is getting bigger and bigger, but I feel less happy than I did back then."

"Ah Nan, you can be content with the status quo, but I can’t."

"Since the brothers call me their Big Bro, I have a responsibility and an obligation to lead them all to a better and better life. Besides, you have to understand that in anything we do, it’s like rowing a boat against the current—if you don’t advance, you fall back. If you settle for the status quo, you’re destined for ruin."

Chu Zhengxiong smiled at Chu Zhengnan. "Alright, that’s all I’m going to say for today. Now, get to work on what I just told you, and don’t you dare cut any corners."

"Yes!"

Chu Zhengnan stood up from his chair.

He had arrived in a hurry, and he left in a flurry.

Chu Zhengxiong watched Chu Zhengnan’s retreating figure and shook his head with a smile. Then, he picked up the sheet of paper again, his eyes landing on Gu Heng’s name as a thoughtful expression crept into his gaze...

If you find any errors (non-standard content, ads redirect, broken links, etc..), Please let us know so we can fix it as soon as possible.

Report

Use arrow keys (or A / D) to PREV/NEXT chapter