《Be happy with sports 》Chapter 401: Rest and Business 5
Advertisement
Of course Jake was Emily's boss and if he asked she would have to abandon what she was doing to talk to him, but Jake didn't want to do that because it would be bad for himself and it was he who had put so many responsibilities on Emily to do and so he had to tell them beforehand to talk to her.
After Eva left to go to the restaurant Jake also decided to go to Matthew's house, Matthew was a man who didn't like offices and was almost always at his house, so Jake never had to call beforehand to let him know when he was going.
When Jake arrived the maids soon took him to the living room to wait until they let Matthew know that Jake had arrived, in a few minutes just as he expected who had arrived was Oliver who was now much closer to Matthew and almost spent all his time in this house.
"Hi, Jake, how long, I thought you would come here at the end of last year, so we were waiting for you."
"Hi, Oliver, I didn't come here at the end of last year because I didn't want to bother you again, I didn't need money like last time and I was able to wait for you to close the balance sheet and prepare the profit-sharing correctly."
"So this is what happened, if you need, you can look for us at the end of the year, we already have the values prepared long before the end of the balance sheet."
"I have been watching your games at the university, your team really played very well, even though I don't understand basketball so much I was impressed that you are close to breaking a game record without losing."
"I am very happy with this, my team is really doing well and I hope we will continue to win the games until we win the NCAA tournament this year."
"You are playing very well, I saw that you were the best player in all of the college basketball last season and this one too, I always knew you were a basketball genius, but not even I expected you to be so amazing."
"Thanks for the compliments, but I think I still have a lot to improve if I really want to become one of the best players, there are still a lot of players who are much better than me in many ways."
"That's right, I think you may be able to play as well as Michael Jordan in the future, so you'll be better than him because he won several marathons and gold medals too, Hahaha."
Advertisement
Jake and Oliver talked about several things that happened in that time when they didn't talk, the two were friends besides talking about business, sometimes Jake thought he was more friends with Oliver and Matthew than Joseph, maybe it was because he was almost 50 years of mental age.
In addition, they had known each other for over 8 years and now that Jake was older there was a lot that Oliver talked to him that he couldn't talk about a few years ago, they also had a lot of topics for them to talk about.
After that, they went over to where Matthew was, while they were talking Matthew was solving some of the company's problems and was also remembering about the report he had to tell Jake about sales of the new digital camera.
"Hi, Jake, I thought you wouldn't be coming to talk to me about the company anymore, Hahaha, I'm sure you'll be happy when you hear the sales were good last year."
Jake was excited when he saw how happy Matthew was to talk about the company's sales, Jake hoped they would actually be able to sell more digital cameras this time, because the first time they sold the digital camera, Matthew's company didn't have much recognition with one of the best camera manufacturers.
So the company had to invest a lot in marketing and advertising and most people were suspicious of the company and did not buy the camera because they were not confident if it was really the best digital camera.
So some people started to buy the camera believing and then saw that the camera was really good, the television programs also spoke with professionals in the field who confirmed the quality of the camera that was better than all the professional cameras on the market.
So they managed to have a good sale after three years, this time the advertisement said that this digital camera was much better than the previous digital camera, so some bought it and saw that it really was sometimes better than the previous camera.
So whoever bought before and had financial resources would certainly buy again, and whoever didn't buy because they still had doubts would buy because a company with more than 1 successful product was a respectable brand.
"Hahaha, I know you're curious, okay I'll say, our company achieved the sales record last year, we sold just over 9 million digital cameras, as we sell at a price of one thousand and one hundred dollars, we had a total over 9 billion and $ 900 million in sales."
Jake was really shocked by this much sales, he knew that currently, the digital camera market was at its best and that Matthew's company digital camera was the best on the market for sure.
Advertisement
But not even he imagined getting almost 10 billion dollars in sales, in the last year he had been impressed with the 4 billion dollars in sales of their company, now they have sold more cameras than in almost three years with the latest model of the camera.
That way Matthew would continue to make more money from his company than from the shares that even Jake hadn't thought it would be, but that was very good too, the money that Matthew has earned in the past few years has exceeded what he has earned since opening the company and what I would gain in another 20 years.
"In addition, we were able to earn an additional $ 220 million in sales with the other digital camera and webcam sales, so in total, we earned $ 10 billion and $ 120 million from sales in 1997."
"As we spent less on advertising this time and didn't have to invest in production like we did last time and sold more, we made 60 percent profit from those sales, so we received a profit of $ 6 billion and $ 72 million."
Jake was even more impressed by this, he had talked to Matthew and heard that Matthew intended to get a higher percentage of profit this time because the company was already developed and was able to meet the demand for the products.
But Jake could never expect that they managed to increase by more than 10 percent of profits, Jake knew that part of it was for the amount that was 100 dollars more expensive and it cost the same as the last camera to produce.
He naturally knew how they achieved this value, normally a camera like this would cost much more to develop the technology, to arrive at the final product and also to buy the electronic components from the suppliers.
But since it was Jake who said exactly what they needed to do and also Matthew's own company that manufactured the components that were more expensive, the final value of the camera was much cheaper.
In addition, their company manufactured only a few products and did not have as many employees to pay wages, and they got a discount for buying a lot from suppliers and selling the product at twice the price it cost to produce, which is why their profit was so big like that.
Matthew would receive more than 4 billion and 500 million with his profit share and Jake would receive 303 million and 600 thousand dollars with the participation he had in the company, as Jake had received the shares he had of the company for free, he actually I was very happy to earn so much without investing anything.
"As you know we have to invest a lot in the company again, so again we are going to take 25 percent of the value of the profits and reinvest in the company and 75 percent as a share of the profits."
Jake naturally understood this and agreed with Matthew, in addition, his share was not very large so he would not have to invest much, but Matthew would invest more than $ 1 billion in the company again for the next products.
The truth was that an investor would think it would be a waste to do so, they did not do it because even with all that profit the company's stock market valuation was only 5 billion dollars, thinking how they got more than that amount in profit could be seen as that value was not correct.
So maybe Matthew didn't think about investing half of what they had earned again, a lot of the money invested in the last year hadn't been used yet, they didn't intend to further expand the company and increase the maximum production capacity that they haven't yet had been used.
For investments in technology that Jake had already explained how much less investment was needed than normal, moreover, Matthew was preparing because Jake said that in the future they would have a hard time surviving in the market just by selling digital cameras.
They had to keep investing in technology to put digital cameras in their cell phones as Jake had said, just so the company's market value would increase a lot and their future was guaranteed.
But the truth was that Matthew was already prepared for future failure of the company and that sales would decrease, when that happened he could simply sell the company and so they would earn several times more than they could before Jake helped.
Jake was very happy because after receiving his profit share he no longer had to worry about money, he would soon enter the NBA and also receive millions of salary and endorsements.
But he was happier because he had more money to invest in the Cisco company because he knew he could still earn a lot in those next two years before selling all the shares in 2000.
Advertisement
- In Serial735 Chapters
Night Ranger
After transmigrating into a weak noble body, Marvin discovered that he was familiar with the world, this was the game he played in his previous life and… Damn! He only had six months before the Great Calamity!As a former top player, he would obviously fight to save the world… Yeah, no. Time to plan and prepare for the upcoming events, better to use that knowledge to get ahead rather than fight with gods.Follow Marvin’s journey through this new world.
8 1441 - In Serial9 Chapters
Forgotten Blood
The Story follows Hirotaka as he was reincarnated into one of his own games, which happen to be the newest game he was working on called Forgotten Blood. He wasn't born the hero but rather one of the strongest final bosses. Will his own knowledge about his own game hold some truth to his new reailty?
8 204 - In Serial45 Chapters
Hope
There were 2 options: Fight the same war for countless more aeons. Shatter the Betrayer's undead legions time and time again until all was ground to dust. Because the endless legions truly never end. A hair's breath of ground in a century is enough if the war takes all of eternity. Or to choose Hope. To cast away his memories, his power, his very life. To wager everything on a chance to prevent their eventual end or to perish trying. Because if he were to return it would be with the power necessary to finally slay what remains of the Betrayer. Of the last Aspect. Only then would all things be right. And so, he chose the latter. Expect:Weak to strong quick-ish.Powerful MC reincarnates, gradually starts regaining memories.MC that is an actual character not a plot device.My original unique magic system discovered along with the MC.My original setting with mythos that have both been living rent free in my head for actual years.Opening arc will be less fast than the following story. Good writing (I think) and grammar. Upload schedulle: 2 chapters a week of 3-4k words each. I want to upscale to 3 in the future. Meant to be read in RR dark mode. For those coming here from my other stories, this is indeed a reimagining of my older story, CotM. I say reimagining because I have changed so much it cannot be called just a rewrite. Among the major changes, MC is fundamentally different in personality and background, I have actually planned the story out and changed it almost completely and I have adjusted my mythos so it no longer has as many holes as swiss cheese.
8 207 - In Serial165 Chapters
The Heart is a Void: Ashes to Ashes
For Karel, the search for power erodes the sense of mercy. When a bug traps players in a new, immersive VRMMO, and begins to undermine the system that protects them from experiencing pain in combat, the players scramble to avoid becoming victimised. Some seek to hide or gain protection in Guilds, others seek power at all costs. Rumours of torture and possibly even real death begin to spread. Many would-be heroes strive to protect themselves and others by becoming powerful mages, mastering the power of the elements, or training at combat with large weapons. While Karel had begun by trying to enhance his mage powers as far as possible, he eventually becomes disillusioned with this as he sees the power of others who use unconventional and amoral means to take advantage of the bugged game. As he explores this new, Free-For-All world, he must turn to cunning and ruthlessness to get ahead.
8.18 213 - In Serial16 Chapters
Kaul'n: Wielder of Time
Thousands of years has passed since the end of the racial war between Mortals/humans, Demonaics, Elturs, and Luk'Ag-uerans which shifted the barbaric world to a "peaceful" world. An orphan of a small village wakes up from a nightmare that prophesied their village would be raided by a Mortal army from an enemy kingdom. The child and his caretaker barely flees from the village and a few days later stumbles upon a "bandit camp" as the leader took pity in them and takes them inside their camp. Five years has passed as the orphan child and his caretaker went through hardships as apprentices of the leader, and as the orphan child about to rest another revelation comes into his mind that the camp will be raided by the same Mortal army that wreaked havoc onto his old previous home. However, five years of training was not enough to fend off against them and forced the orphan and his caretaker to leave the camp by the leader while they stayed and fought against the army until his last breath. From then on more revelations entered the mind of the orphan causing his body to weaken as if the revelations continuously consume his insides. How will he continue to live while the visions/revelations consume his vitality? And how will he be able to control these visions along the road? The first purist in Kaul'n will have to face many challenges ahead.
8 86 - In Serial97 Chapters
Into the fire
The avengers have a lot going on. The world needs a lot of saving. And when the world calls, the avengers answer. Sometimes these missions go well, sometimes things happen outside of their control. And between trying to live a normal life, balancing relationships and trying not to die while out on missions.. well, it's not always so easy. And sometimes even the avengers need saving. But just because someone saves you once, doesn't mean they'll be there to catch you again. Not everyone is a hero. So is it someone they can trust? Or are they harboring secrets that could set their known world aflame? Fem avenger x fem o/c--------------AU avengers story. I don't own any of the marvel characters or anything that may pertain to the movie story lines. I do own the rest of the story. I know it's not much of a description.. but I am writing this one a little differently, so we'll see how it goes. If you're here, I appreciate the read and hope you enjoy! 🥇captain marvel First published : 4/5/22Last published : 8/30/22
8 218

