The Birth of Shanghai's First Conglomerate

Chen Pingsheng wasn't actually disappointed in his son.

Chen Lu had a laid-back personality since he was very young. Being born into a wealthy family, his personality wasn't too bad.

After all, isn't there a popular saying among the rich second generation?
As long as they don't start a business, their parents' assets will last for eight generations; but once they decide to start a business, the next generation will be back to square one.

Chen Lu has always been a conservative type. He may not be good at expanding territory, but defending cities is not a big problem for him.

As for his suggestion, he, as the father, had no choice but to agree.

mid-October.

A huge, luxurious bookstore has opened outside the university; it's elegant and quiet inside.

Not only does it ensure students have the best reading environment, but it also provides each rest table with a top-of-the-line Tengfei AI computer.

In addition, there are Deer Antler Coffee, Bobo Milk Tea, and a three-story self-service restaurant.

The Worry-Free Bookstore, which cost over 10 million yuan and included the purchase of all three floors of storefronts, officially opened on October 15th.

This bookstore was definitely not opened to make money; it was simply a way for a father to spend time with his son and to fulfill his wish that his son would succeed.

The general idea is to use this bookstore to accompany my son through his four years of university.

Su Xiaoxi used to work part-time at a real estate agency. Despite her excellent academic performance, she had no entrepreneurial experience over the years.

Having little business experience, Su's mother actually left her ten million as pocket money, but she dared not spend it recklessly.

To reiterate, ten million is enough for an average person to live on for a lifetime if they don't start a business.

This includes buying a house in a top-tier city.

If you start a business, you might lose your house and car, and this money will only last for a year or two.

They may even incur a very high level of debt as a result.

Su Xiaoxi didn't dare to start a business at all, nor did she have any capital to do so.

Worry-Free Bookstore has a total of thirty-six female employees, and she is just the most conspicuous one among them.

The salaries and benefits for employees here are excellent, with a minimum monthly salary starting at 12,000 yuan.

They work five days on and two days off, with a typical workday of eight hours.

We can rest for two hours at noon.

Su Xiaoxi could only make the most of her spare time or rest time to work part-time here.

Chen Pingsheng's office is on the second floor. It's a large, independent office with not only a treadmill but also a lot of other fitness equipment.

When he's here, he either looks at computer data, exercises, or meets up with some old friends from the business world.

It wasn't until late October, after An'an finished her postpartum confinement and came to stay with him, that his life trajectory began to change.

"Dad, it seems to me that Su Xiaoxi is still doing those basic cleaning and tidying jobs outside?"

“Your brother asked her to come over, but I didn’t promise her a good job.”

“Dad…please don’t be angry with Chen Lu. I think Su Xiaoxi is quite nice. She just doesn’t have good parents to raise her.”

An'an is still kind, and Chen Pingsheng is the one who listens to her the most.

“I’ve heard about my brother’s situation from Mom. He’s just that kind of stubborn person. Since he introduced Su Xiaoxi to work here, he naturally hopes you can help her out.”

Chen Pingsheng could easily understand Chen Lu's thoughts, but he simply didn't let Su Xiaoxi come to his side immediately.

Why would you think of speaking up for him?

"I don't want to see Dad worrying about Chen Lu anymore. If this were when he was a kid, I would definitely beat him up. But it's not so easy to beat him now that he's grown up."

Okay... Chen Pingsheng asked An'an about the two children. Sun Sile was taken to Old Sun's house to be raised.

The eldest grandson of the fourth generation of the Sun family is no ordinary treasure in the Sun family.

As for Chen Jiye's second child, he is only a month old and is still being cared for at home by a nanny.

He's only awake for a short time each day now, so he can only be cared for by a nanny. His grandfather will take over when he's one or two years old.

"An'an, you didn't come here just to talk about your brother, did you?"

"Of course it's not just his business. I'd like to transfer some of our businesses to specialized managers, or you could continue to keep an eye on them for me, Dad. I need to free up my time to take a position at Tengfei AI Mobile."

"That's it!"

An An's idea is quite good, after all, the combined value of all her businesses is less than half that of Tengfei AI Phone.

And so far she has been unable to truly inherit this mobile technology giant.

The technical barriers are too high, and laymen are easily kept out.

The tech world today is no longer in an era where laymen manage experts.

Presidents with a marketing background or those who are CFOs are often in charge.

That would only lead to the slow death of tech companies.

Losing absolute reverence for technology is tantamount to losing the opportunity to participate in global competition.

Without spending three to five years diligently working in the technology field, one absolutely cannot lead such a tech giant effectively.

If An An wants to inherit the mantle of this AI smartphone giant, which is ranked third in the world, she really needs to humble herself and spend a few years honing her skills there.

As for her other businesses, Chen Pingsheng could simply direct them remotely.

"Okay... Dad supports you, go ahead!"

An'an laughed heartily, saying that even after being a mother of two, she hadn't changed much. "Dad, thank you. I knew you were the best. Also, Dad, could you spend some time teaching Su Xiaoxi more? I think she's really good. Although she doesn't have much of a family background, as long as she has your personal guidance, isn't that better than any family background?"

"Stop flattering me, I'm not buying it."

An'an still needs to go see her sister to discuss some upcoming investments.

She has entrusted a small portion of her extra money to Erpiya for investment.

Just get the return on investment from her.

Erpiya is a very reliable investor; she made a name for herself overseas in just three years and now has no intention of getting involved in any real business.

Compared to struggling to run a real economy business, it's much more satisfying to use hundreds of billions or even trillions of dollars to directly acquire those large companies.

Spending money is definitely a skill, and it's something you need to learn from a young age.

Take Su Xiaoxi, for example. After leaving her scumbag father, she lived a frugal life with her mother.

She's the kind of person who meticulously calculates her living expenses on her fingers. If you ask her to invest tens of millions, she'd rather just put that money in the bank and earn hundreds of thousands in interest every year.

After all, everyone understands that investing involves risks and starting a business requires caution.

Erpiya is different. She has been spending money extravagantly since she was a child. If she sees an opportunity, she would throw hundreds of billions into it without batting an eye.

You have to be willing to fight to win.

Even if I lose tens or hundreds of billions, I won't feel any psychological burden.

If someone like her were to gamble, and the casino didn't cheat, she could easily bankrupt you using the money she had, including her mathematical probabilities.

If 1 billion isn't enough, then 3 billion; if 3 billion isn't enough, then 7 billion; if 7 billion still isn't enough, she's willing to pull out 150.

If you're betting on Sic Bo, the probability of losing ten or twenty rounds in a row is negligible.

Of course, given her current net worth, the kind of games played at the gambling table are no longer meaningful.

She gambled on listed companies.

Playing the game with these companies is incredibly nerve-wracking.

Su Xiaoxi doesn't even have the courage to start a business with hundreds of thousands or millions of yuan right now. (End of Chapter)