784 [doorway]
Ye Jin participated in the premiere of "Raiders of the Lost Ark 2", which brought it very high attention.
In addition, the movie itself is very popular, so the first-day box office of this movie reached an astonishing $25 million, which is quite sharp.
And after a turn of the world, the box office of this movie continued to rise sharply. Within five days, the box office had exceeded the $100 million mark, setting a record in the history of America.
The industry estimates that the box office of the movie "Raiders of the Lost Ark 2" will likely exceed US$200 million in North America, and the global box office will most likely reach US$500 million.
Such outstanding achievements have led to the stock price of the producer Fox Group rising again. Director Stephen Spielberg and starring Harrison Ford also benefited a lot. The two who are already very popular and popular are now more popular.
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The so-called laymen watch the excitement, while the expert watches the tricks.
The general public is only concerned about watching how wonderful the story of "Raiders of the Lost Ark 2" is, how thrilling the scene is, how handsome Harrison Ford is, how beautiful Kate Bishop is, how wild the Demon Cult in the Heavenly Demon is...
However, in the business and academic circles, they are very interested in what Ye Jin said in an interview.
Ye Jin answered three questions at that time, one was the secret to success, the second was the future business opportunities, and the third was the prospects of cable and satellite TV.
The secret to success that Ye Jin mentioned is to give full trust to partners, trust these professionals to operate, and not participate in the company's operations too much. He also said that his business philosophy was learned from ancient emperors in Middle-earth.
This kind of business philosophy like herding sheep is very rare in the European and American business circles.
In the European and American business circles, investors attach great importance to their own rights and interests. Not to mention large shareholders, big investors like Ye Jin who hold more than 10% of the shares, even small shareholders and small retail investors, they actively speak out for their own interests.
In particular, investment banks are extremely concerned about the projects they invest in, and always supervise and control the development of the company. Once a company accepts its investment, it must accept its guidance, how to operate, how to develop, how to increase profits, and how to control costs...
Therefore, when they learned about Ye Jin's investment philosophy, their first reaction was [Ye Jin is crazy]. Only madmen would let their investments go, and only fools would be unsuspecting to their partners.
But what they couldn't deny was that Ye Jin was indeed successful. All his investments brought him generous returns, and there was no bloody incident like he was cheated or excluded from the company.
Moreover, most importantly, the Middle Earth emperor mentioned by Ye Jin does exist. He is indeed a gangster, and his subordinates are indeed more capable than him. His opponent is known as the [Overlord] and is even more a hero passed down through the ages.
But in the end, he became the emperor, not his subordinates and his opponents. What he relied on was [knowing people and making good use of them, and using them without doubt].
He could hand over millions of troops to his subordinates without worrying that he would rebel; he handed over the captured territory to his subordinates without worrying that he would become king...
There is a precedent for such success first, and Ye Jin's success later. For a time, both the business and academic circles became interested in this business philosophy and began to study and imitate it.
Once this investment model works, Ye Jin's position in the European and American business circles will be greatly improved, and he has the opportunity to become a legend like Henry Ford (founder of assembly line) and John Rockefette (founder of Trust).
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In addition to Ye Jin's investment philosophy, the several potential industries he mentioned have also won wide recognition from the industry.
From World War II to the present, the traditional manufacturing industry in Asiatica has been gradually being replaced.
It seems that cars were the best-selling cars in North America before were Ford, General Motors, Lincoln, and Cadillac. But now they are fuel-efficient and lightweight Japanese cars, gradually seizing the market.
For this reason, in 1982, car workers in Detroit even smashed Japanese cars and even mistakenly regarded a Chinese as a Japanese and beaten to death.
In addition, industries such as home appliances, chemicals, steel, textiles, clothing, etc., America Manufacturing has gradually been replaced by foreign manufacturing. This has also caused the North American manufacturing industry to gradually decline.
The most typical one is the Great Lakes region led by Detroit. It is a major city for heavy industrial manufacturing. It was originally prosperous with industries such as automobiles, metallurgy, and minerals. However, after the 1970s, these areas began to gradually decline. Factory closed down and workers were unemployed. Because machines were not protected, they gradually rusted, and were called the [Rust Zone].
Traditional manufacturing industries are in decline, but capital is not resting. They also need to seek potential and wealthy industries to invest in. And the industries mentioned by Ye Jin just meet their appetite.
Especially the cable TV and satellite TV industry mentioned by Ye Jin, its amazing money prospects make the capital side salivate.
According to Ye Jin, the minimum subscription revenue for cable TV and satellite TV is 8 billion US dollars per month, and 96 billion US dollars a year.
You should know that ibm, the listed company with the highest market value in North America, has only a market value of US$57.8 billion, and its annual revenue is less than US$3 billion. Therefore, cable TV and satellite TV are really very potential and worth investing.
Therefore, after investigating and verifying what Ye Jin said, thinking that cable TV and satellite TV are indeed very potential, they entered this market one after another.
Like Ye Jin's Fox Cable, Comcast, Warner's Warner Cable, At&T Telephone Company and other cable TV operators, they have all welcomed many investors. Ye Jin's words are more effective than many promotional conferences these companies have done.
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Ye Jin was not worried about the entry of these capitals into the market.
First, the cable TV market is in full swing, and all subscribers are less than two million. There are more than 200 million people in the United States and tens of millions of companies and institutions, so the market is far from saturated. Even if there are competitors, it will not be a fight to the death.
Second, cable TV has huge investment. Just laying cables in big cities requires tens of billions of dollars. If all this money is paid by Ye Jin, it would be necessary to squeeze out his bones from oil.
Moreover, in so many cities, it takes a lot of time to lay so many cables. If it is built by Fox Cable, it may not be possible to lay them for 30 years. Now that so many companies are laying together, it will undoubtedly greatly accelerate the promotion and popularization of cable TV.
After they grow stronger, Ye Jin can acquire them one by one. He believes that his profitability speed is definitely faster than that of the capital, so it is no problem to acquire them.
Chapter completed!