As a mage, I just want to pursue the truth

Chapter 18 Management and Organizational Behavior (4000 in , words)
"Do you want to help me?" Zheng Li asked.

Li Miaomiao suddenly fell silent. She had always had a good impression of Zheng Li.

Zheng Li didn't give her time to think: "Now all the people in my team are assigned to me by President Lei, because I don't know anyone."

"We need to set up the company as soon as possible, so we can only ask Lei Jun for help."

"I need someone I trust to help me, and the best person I can think of is you."

"It can be seen from the cram school you ran before that you are careful and thoughtful. What you need is an opportunity."

"I believe that you can definitely learn more from helping me than you did at Jiangcheng University."

Li Miaomiao felt that she was overthinking. How could a straight man like Zheng Li need her emotionally?

"If I come to help you, what is my position in the company and how much authority will you give me?"

"What is my duty?"

In that case, she asked the question that was most concerning from her perspective.

Zheng Li: "If you are directly assigned a leadership position in the company at the beginning, you may not be familiar with it and it will be difficult for you to get started."

"In the early stage, you will join the company as my secretary. What you need to do is to report the key points of the company's business dynamics to me."

"In addition, the company's organizational structure will be streamlined to ensure that there are replacement candidates for each key mid-level position."

"If we let the people Lei Jun sent to help me leave the company later, you can ensure the smooth operation of the company."

It is true that Zheng Li is a mage, but he has no experience in how an organization operates or how to run a business.

Previously, he controlled the mage tower under his command by relying on the artificial intelligence management core, and he did not need to participate in any substantive management work.

A mage's core competitiveness lies in his research ability.

Li Miaomiao nodded and said, "That makes sense."

"But it's a complete gamble for me. First, whether the company can survive is a gamble. Second, I will be your secretary at the beginning, and whether you will push me into management is also a gamble."

“Even if you let me be the vice president or even the general manager, whether I can manage a business well is a gamble.”

Li Miaomiao smiled: "But I'm willing to gamble."

Zheng Li didn't ask him why he was willing to gamble. He stretched out his hand to shake hands:

"Pleasant to work with."

"Happy cooperation!"

After Li Miaomiao had a serious chat with her father Li Xulin for an afternoon, Li Xulin helped her to complete the procedures for taking a leave of absence from school, and she could come back to continue her studies within two years.

Zheng Li went to Suzhou first, and Li Xulin even used his connections to help him find a Suzhou lawyer, who would help him check the venture capital agreement.

Lei Junpai's team is already in place. The office space is rented in a two-story building in a park in Gusu, with one floor for the laboratory and the other for the office. Fifty million in cash has also been transferred into the company's account.

The night before leaving Jiangcheng for Gusu, Li Xulin said earnestly:

"Zheng Li is the most talented student I have ever seen, and Lei Jun's business talent is even more needless to say."

"The company was founded by the two of them as a partnership, and I believe it has a bright future."

The information about the two people's cooperation in establishing a company can already be seen on Tianyancha.

"For you personally, it's too early to enter the society. Zheng Li promised you that he would let you be a manager of the company, but you have a lot to learn and you lack a lot."

"Dad hopes that you will not give up learning. Participating in the establishment of a company is a practical exercise. We often say that theory should be combined with practice, but practice should be combined with theory even more."

"There were so many rural entrepreneurs in the 1980s, but how many are left now? Why are most of their businesses dying out? Because they only have practice but no theory."

"As the market becomes increasingly standardized, their extensive management can no longer adapt to the new situation."

"The two courses you need most urgently are management and organizational behavior."

“I’m a biology professor, but I read a lot of books and have also served as a startup consultant for some biotech companies.”

“Whether it’s success or failure, I’ve seen some.”

“It’s easy to understand that you need to learn management. You will need to manage a business in the future, and you can’t do without management.”

“Whether you learn from books or from your current general manager, you can learn a lot.”

"Another important thing is organizational behavior. From what I know about Zheng Li, he is a pure scientific talent. His scientist qualities far outweigh his entrepreneur qualities."

"Generally, such people are not good at running a business, but they can make up for their shortcomings in business with their scientific research capabilities."

"What you need to do is to help him take care of the business matters."

“Organization and personnel management is a very profound subject. Every team is marked with its development path when it is first established.”

“You need to combine Zheng Li’s characteristics and figure out what kind of team you want to build.”

"Ma Yun of Ali, Li Yanhong of Qiandu, and Ma Huateng of Tencent, their different characteristics as founders have led to different corporate cultures. Qiandu emphasizes engineering culture, Ali emphasizes martial arts culture and factional culture, and Tencent emphasizes social culture. No company's corporate culture is the same."

"These are Internet companies, and the same is true for biopharmaceutical companies. The corporate culture of Hengrui, WuXi AppTec, and Tigermed was determined by the characteristics of their founders from the beginning."

“The route determines the people, and the people determine the route.”

"You told me very clearly that the people sent by Lei Jun will definitely be cleared out in the future, but what about the rest? Those of the remaining people who are in line with your philosophy will stay, and those who do not match the temperament of your team will leave."

“This is important and urgent.”

"According to what you told me, Zheng Li has already mastered the method of large-scale production of endorphins. If we only need clinical trials, it will take at least three months, and at most half a year."

"That means you will start the second round of venture capital in three months, and you will have to clean up the staff when the second round of venture capital comes in."

“To be honest, I find it difficult to figure out these issues in three months.”

"As my daughter, I don't really want you to achieve much. I don't want my daughter to have a career with a similar social status to a professor, just because I'm a professor. To use a popular saying now, I hope my children won't fall into the social class."

"I never hope so. I just hope you can live a happy life."

Li Miaomiao was born in Jiangcheng and went to college in Jiangcheng. This was her first time traveling far away. When she heard her father's heartfelt words, her eyes were red:
"Thank you for your understanding and support, Dad. You have always been a good father in my heart."

Li Xulin waved his hand and said, "Don't act like a little girl. It's just Gusu, not that far away. I will come to see you when I have time."

"Many of our professors' children are abroad and never come back. That's miserable." "I have always liked Su Shi's poem about washing a child:

Everyone wants to be smart, and I was mistaken for my whole life by being smart.

I only hope that my child will be ignorant and rude, and will become an official without any disaster or trouble."

"Since you want to go out and make your own way, I have no choice but to support you."

"Failure is nothing, it just wastes time."

"If you succeed, you must also control your mentality. Your position depends on Zheng Li. Since Zheng Li has no talents, he asked you to help him."

"If Zheng Li asks you to leave in the future, you must be prepared and have a sense of crisis."

"The plan I made for you is two-way. If your business is successful, with a second or third round of venture capital or even an IPO, then you can balance your studies and work next year."

"At least you need to get a bachelor's degree. Jiangcheng University just wants to graduate. It's not difficult. I will help you with that."

“Then I’ll work for a few years and study for an MBA.”

"If the business doesn't succeed, I can just come back and continue my studies."

Li Miaomiao nodded and agreed.

Li Xulin seemed to remember something and said, "I just said that I forgot to tell you something very important."

"When you introduce venture capital later, you must introduce state-owned capital. You must tell Zheng Li this. This is very important. Remember it!"

Li Miaomiao was a little confused: "Didn't you tell me before that these domestic investment institutions in the biopharmaceutical industry are unwilling to invest?"

The investment cost of the biopharmaceutical industry is high and the return is completely unknown. Most domestic private capital is unwilling to invest, let alone state-owned capital.

Most of the capital invested in the domestic biopharmaceutical industry is because the companies themselves are biopharmaceutical companies, and most of them invest because of the need for technology reserves or talent reserves.

Li Xulin nodded and said, "Generally speaking, domestic investment institutions are unwilling to invest in the biopharmaceutical industry."

"But your Kechuang Biotechnology is different. Its returns are very clear and its products have a wide range of applications. It can be said to be a sure-win investment business."

The company founded by Zheng Li was named Ke Chuang Biotechnology Co., Ltd., which means scientific creation and is in line with the master's aesthetic taste.

Li Miaomiao said: "But Dad, in my opinion, we should introduce as much international capital as possible, so that we can open the door to the European and American markets through these channels of international capital."

"For example, if Goldman Sachs is brought in for American's clinical trials and FDA approval, everything will go smoothly."

Li Xulin nodded: "Yes, your idea is correct and makes sense."

"You need international capital to help you open up the European and American markets. This idea is correct."

“Just because I said you need to introduce state-owned capital doesn’t mean you don’t introduce international capital.”

"You missed a crucial point. The artificial synthesis pathway of endorphins was discovered by Zheng Li in the laboratory of Jiangcheng University."

"What about the industrial-scale production path of endorphins? Was it also discovered in the laboratory of Jiangcheng University? Does Jiangcheng University have a share in this patent?"

Li Miaomiao said coquettishly: "Dad, this was obviously discovered by Zheng Li alone, and you know it very well."

Li Xulin waved his hand and said, "I know very well that the paper was published in Nature. As the second author, I only helped to modify the paper format."

"Zheng Li was in charge of everything from the paper idea to the experiments and then to the paper writing. The artificial synthesis of endorphins was entirely his achievement."

“The question is, do other people think that way?”

"Relying solely on artificially synthesized endorphins, the market value of Kechuang Biotechnology will not be less than 100 billion yuan. If, as Zheng Li said, endorphins are less addictive than morphine and have better analgesic properties, Kechuang Biotechnology's valuation can be comparable to Changchun High-Tech, which would be a market value of billion yuan."

"You know the consequences of a child carrying gold through a busy city. You can't rely on Lei Jun to keep it."

"If the synthetic endorphins were invented after Zheng Li dropped out of school to start his own business, and if there hadn't been a lot of publicity, it would have been unrealistic for others to seize them by force."

"But you have such a big flaw. The best way to avoid the situation I mentioned is to introduce state-owned capital."

“Give up some of your profits and ensure that the control of the company is in your own hands.”

Li Miaomiao felt a chill after hearing this. If Li Xulin hadn't reminded her, she believed that neither she nor Zheng Li would have thought of this.

She looked at her father with admiration: "I didn't expect you to be so capable. I really didn't expect this."

"How did you come up with that?"

Li Xulin laughed and said, "I have eaten more salt than you have eaten rice!"

"I have seen and heard of this kind of thing over the years."

"Yenching University has Founder Group, Shuimu has Unisplendour Group, these are both their school-run enterprises and listed companies."

"Even Jiangcheng University of Science and Technology has a listed school-owned enterprise, Jiangcheng Technology, but Jiangcheng University does not. The school leaders have always wanted to list the school-owned enterprise, and they had a very unpleasant argument with an old professor over patent issues."

"Because the patent was registered by the professor during his tenure at Jiangcheng University, they hope to inject the patent into our school-run enterprise as an asset of Jiangcheng University and operate and list it based on the patent."

"But the professor thinks that these are his research and development results. Why should they be injected into the school-run enterprise for free?"

"The value of your artificially synthesized endorphins far exceeds the value of the previous patent."

“So plan ahead.”

Li Miaomiao asked, "Won't we have a falling out with Jiang Da?"

Li Xulin: "Don't take the problem too seriously. If you introduce state-owned capital, then naturally someone will help you to work with the school leaders."

"Besides, if you take your company public, the school will be eager for you to come back and donate money. How could they possibly fall out with you?"

"If you are all foreign investors, and domestic public opinion builds momentum, then you may fall out with the school, and it is entirely possible that you will face off in court."

Li Miaomiao nodded: "I understand."

While Li Xulin was having a heart-to-heart talk with his daughter, Zheng Li was interviewing candidates in Suzhou, thousands of miles away.

The team leader sent by Lei Jun is Cheng Gang, a PhD in biomedicine. He once failed in his own business and later joined Shunwei Capital under Lei Jun.

"There is only one requirement for candidates in the laboratory, and that is to be obedient and do well in experiments. It is not required that they have the ability to innovate independently." Zheng Li said to Cheng Gang.

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(End of this chapter)