《1855 American Tycoon》Chapter 41: New Collaborators
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While Blackwater's security guards were fighting in the West, an investors' meeting was taking place in the East at Clark McDonald Rockefeller.
"Last year, the company's profit available for dividends was $10,000," Clark said. That's not a lot, but I'm personally quite happy with the fact that the company is still profitable in this economy," Clark said. Of course ......" said here, Clark smiled, "compared to our Scrooge, this is already a small amount of money ......"
"Speaking of which, I'd like to blame Scrooge." Rockefeller said, "These months, you put all your thoughts into your own 'McDonald Infantry Weapons Company' above, for our partnership with this company is too indifferent. In the past few months, you seldom come to the company, and the company's affairs are also a bit indifferent. If you don't want to work for the company anymore, you can give up your shares; if you think it's still meaningful to work with us on this company, I hope to see you in the company's office more often in the future."
Rockefeller paused a little, he looked at Scrooge, and continued, "Scrooge, you are the best one among us in terms of talent, I hope you can help us more."
Scrooge understood that Rockefeller did not want to expel himself from Clark McDonald Rockefeller. He hoped that he could give him more support in the company. Recently, Rockefeller had a conflict with Clark on some issues. So he needs Scrooge to give him more support.
In recent, Rockefeller proposed that the company should work in the direction of refining food products. Rockefeller believed that just doing the acquisition and sale of the food business is not profitable, because the threshold of this business is too low, he does not have too high capital requirements, and there is no insurmountable technical barriers, which means that at any time, anyone with a little money can enter this business so that this kind of trading can never have too high interest, it is impossible to make a lot of money. Therefore, he proposed that this year, with no dividends, we should use the funds initially for tips for the refinement of food processing.
In fact, unlike Rockefeller and Scrooge, who was determined to become super-rich, Clark was not a man of such great ambition, and now the company could make money, which already made him very satisfied. The status quo is destroyed.
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At the same time, because Scrooge is not in charge of the company, he spends most of his time in his own company, which is a sole proprietorship, so Clark, who does not own a majority of the shares, basically enjoys the power of a majority shareholder in the company and has become the real decision-maker. Clark is a very contradictory person, although he has no delusions of becoming a super-rich man like Van Der Bilt, in his acreage, he has a very strong desire to control. He wanted the company to run on his terms, on his track.
When Scrooge joined the company, he was a little hesitant, and this hesitation was not all about Scrooge's ability to doubt, but also contained the worry that Scrooge and Rockefeller would wear the same pants and thus gain control of the company. Scrooge's current attitude of indifference to the company is very much to Clark's liking - if only every investor were like Scrooge.
However, for Rockefeller, Scrooge's approach is intolerable. Unlike Scrooge, who had two other wholly-owned companies, Rockefeller did not have as much of a stake in Clark-McDonnell-Rockefeller as Clark did, which made it impossible to implement many of his ideas because of Clark's objections.
"It's been a busy time, but now that things are basically on track, I think I'll have more time to focus on our company in a month at the latest." Scrooge gave Rockefeller a look and replied.
"That's great," Rockefeller said, "and I hope you'll keep bringing new changes to our company." He also made a point of saying the word "change" extra loudly.
Clark frowned, he certainly heard Rockefeller's meaning. In terms of relationship, the relationship between Rockefeller and Scrooge is much closer than the relationship between him and Scrooge, at least in Clark's opinion, Rockefeller and Scrooge have always been wearing a pair of pants. Moreover, the things that Scrooge has done - whether it's buying up food or getting into arms - show that he's a restless, changeable guy who, even without considering his relationship with Rockefeller, would be on Rockefeller's side in the direction of the company. The company's direction is on Rockefeller's side, right? If this guy wants to pay more attention to the company, because he and Rockefeller's shares together have exceeded his own, it almost means that his control of the company is a big problem. The good thing is that there is still a month of buffer time.
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"Well, about the company's financial situation for the year, I've also spoken almost." Clark said, "Let's discuss the direction of the company's development for next year." After that, there he raised his eyes to look at Rockefeller and Scrooge.
"I still think we should do something about refining the food, not just doing the same thing that everybody else is doing," Rockefeller said.
"So do you have any specific plans?" Scrooge asked.
"Yes." Rockefeller said, "I've been researching the sales of bars, macaroni, and other processed food products in Cleveland every week for the last year. Although it's an economic crisis, the hard demand for these products can't be compressed. So these companies are still generally profitable. The profit margin is even a little higher than ours. The technical barriers and capital barriers in this industry are not high, I think it is profitable to enter this field."
"The profitability of this field is not much higher than ours. And John, you should know that when you enter a new field, you'd better be prepared for lower margins than your peers." Clark frowned and tapped the end of a pencil against the desk.
"But, Clark, we're different from everyone else. We're the raw material merchants, and by doing this ourselves, we're lower than them in raw material costs." Rockefeller said.
"If we did all the shipping and retailing ourselves, wouldn't we make more money?" There was a hint of sarcasm in Clark's words.
"Of course, in the days to come, the big, complex corporations will crush the small, individual businesses like road rollers." Rockefeller said firmly, "We must keep up with the times if we don't want to be crushed."
"So? It's going to take a lot more investment to get into this field, and do you have that kind of money?" Clark asked.
The question hit Rockefeller right where it counts. Rockefeller did not have enough money. He had to raise his eyes to look at Scrooge.
"John, you do not look at me, at least for a couple of months, I do not have the money to invest in this direction. But if you can wait two months, 'Blackwater' can basically rely on their profits to maintain, and the gun factory side of those most expensive renovations are almost completed, then I can probably invest money in." The company's business is very different from its competitors.
"There's a lot of change in the business world, and in a few months, maybe you'll have something new to spend money on?" Clark said, "Scrooge, you know, 'As big as the snake, so big is the hole. Oh, yeah, you taught me that one. I don't expect you to have any more money there that you can't spend."
"Even if there's no new money coming in, if we forgo this dividend and use the money from the dividend for ......," Rockefeller insisted.
"That would leave the company with too little money for emergencies, and that's too risky. I can't agree with that. But John, don't worry, we have a workaround." Clark said.
It was a surprise to Rockefeller and Scrooge that Clark would propose any alternative solution to the funding problem. He didn't know that if the problem was solved, Scrooge would in all likelihood support Rockefeller's proposal, and the company would then begin to change in a way he didn't like.
"Maybe we can bring in another partner. I have a friend named Gardner who happens to have some spare money that he would like to use to invest in ......," Clark continued.
"So that's how it is!" The company's shareholding will exceed his own and Rockefeller's so that he can continue to control the company. The company's main business is to provide a wide range of products and services to the public. The corners of his mouth were still tinged with a sarcastic smile, and it was clear that he too immediately understood Carrack's intentions.
But Scrooge was not prepared to stop him from this move, if Clark will easily influence this friend, then he will also be influenced by himself and Rockefeller, if not, then this friend of his will naturally have their interests intended. The final result may not be to Clark's liking.
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