Extraordinary Genius

Chapter 759 How Did You Earn It?

Feng Yu noticed that when Steve asked this question, Bill Gates straightened up unnaturally. It seemed that he was also very interested in this question.

"Consumer electronics, or some electrical appliances, are my main investment. Well, the multi-functional super electric fan was developed by our company, and it is selling well all over the world." Feng Yu said with a smile.

"Can I understand that the wind and rain card of this super electric fan belongs to you?" Steve asked seriously.

"It's my holding."

Steve took notes carefully, and continued to ask: "What do consumer electronics refer to? Is it all this wind and rain brand?"

"That's right, here, that super VCD is from the Fengyu brand. Our company is world-leading in this area of ​​technology. Haven't you heard of VCD?"

Feng Yu re-arranged this office by himself, and used many Fengyu and Aihua products in it. He hoped that everyone who entered his office would notice these inadvertently. And I am more used to using my own products.

VCD? Is that also Feng Yu's?

Steve also thought that VCD was created by the Huaxia government. Didn’t it mean that most of the industries that make money in Huaxia are state-owned enterprises?

Is there any misunderstanding here?

"VCD is also from the Fengfeng brand. So, the brand value of the Fengfeng brand is very high. Can you tell me how much the brand value of the Fengfeng brand is?"

I heard that people in Huaxia don't know much about brand value. Could it be that this question is too difficult for Feng? But on Forbes magazine. It's not that they haven't published some embarrassing stories about rich people, as long as they seek truth from facts, it will be fine, and it will appear more authoritative.

"Ten billion." Feng Yu said easily.

"Feng,

I'm talking about dollars. "Huaxia people. They like to use Huaxia currency to measure. Don't you know that the US dollar is the most common currency in the world?

"I'm talking about dollars." Feng Yu looked at Steve with strange eyes.

Steve is a little crazy, this Feng really doesn't understand what brand value is, ten billion US dollars, do you think you are your Disney?

"Feng, do you have some misunderstandings? Brand value. It's not the value of the brand's products, factories, etc., it just refers to the brand's trademark." In fact, Steve believes that even if the products, factories, etc. are added, the wind and rain brand is also worth the price. Not worth ten billion dollars!

"Of course I know. Have you heard of the Wind and Rain Card?"

Steve frowned and nodded: "Yes, I bought a humidifier."

"What about you, Bill?" Feng Yu turned to look at Bill Gates again.

"I also used a humidifier. I also bought a bladeless fan. Wasn't this the only brand at that time?"

"You have all heard of it, but do you usually pay attention to some ordinary brands? This shows that our Fengyu brand has been deeply rooted in the hearts of the people, including rich people like you, who are using our products. Our humidifiers, bladeless fans , VCD, etc., are all the best in the world. The relevant patented technologies are also in my hands.”

"Although the wind and rain brand has not been in business for a long time, its brand awareness is not small. It is even No. 1 in the world in some fields, and it is still growing. The important thing is that he is the most famous brand in China. Famous trademark brand, ranked No. 1. As long as any electrical appliance is hung with our Fengyu brand trademark, it can be sold well in China. Do you think it firmly occupies a large market with a population of more than one billion, and it is the No. 1 professional field in the world? Why isn’t the brand worth 10 billion U.S. dollars? In a few years, this value will continue to increase!”

Any electrical appliances, as long as they hang the Fengyu brand trademark, can sell well in China? If so, isn't it stronger than Sony and IBM brands?

But isn't that exaggerating? Where is such a strong brand?

Feng Yu is really not exaggerating. Among Huaxia's electronics and electrical appliances brands, there is really no better management than Fengyu. What brand is under the wind and rain brand? Aihua brand!

Steve thought for a while, but did not refute Feng Yu's words, and decided to ask the next question. But this sentence can be used as a title, the boss who claims to have a brand worth 10 billion dollars, so the magazine will definitely sell well!

"Is there anything else? Haven't you made any other investments besides electronics and appliances?"

"Computer-related industries, China's largest PC manufacturer and seller, I have some shares in it. The world's largest software manufacturer, don't I also have some shares." Feng Yu said with a smile.

Steve was very dissatisfied, and Feng Yu kept avoiding answering. He still doesn't know why Feng Yu can afford so many Microsoft stocks.

"Feng, what did you start your business with first, can you disclose this?"

"Humidifiers and bladeless fans. At that time, my products had already formed a de facto monopoly, and I was sued in many states in the United States. But de facto monopoly is not illegal, isn't it? Microsoft's products also formed a de facto monopoly in some areas. It is a fact that monopoly has not been punished, right? That can only prove that our products are the best in the world. Later, when another brand of our Huaxia entered the US market, these accusations against us disappeared."

When saying this, Feng Yu deliberately showed some complacency. He is a young man, if he is too calm, he will definitely be out of harmony. Young and frivolous, proud and indulgent, this is in line with everyone's expectations and perceptions.

Sure enough, after Feng Yu said this, he clearly saw a trace of contempt in Steve's eyes, and Bill Gates appreciated Feng Yu's words. That's right, Microsoft has formed a de facto monopoly, so what, so what if it signed an agreement with the government, can the situation be changed? Microsoft is still the leader in the software and system industry, and the best in the world!

"With all due respect, are humidifiers and bladeless fans highly profitable?" Steve asked sharply.

This question is very difficult to answer. If Feng Yu said that he was not very high, then Steve would continue to ask how Feng Yu earned his money. If Feng Yu's answer is very high, then it will be considered that the high profits brought about by the monopoly will have a very bad impact on the brand, and will even hit product sales.

"The research and development costs are also very high. Do you know how much money we spent on the research and development of the bladeless fan head angle? And we have to keep trying to keep the technology ahead, how much investment does it take? A top research and development personnel How much is the salary of a good manager? How much is the salary of a good manager? You can look at Microsoft. How much do you think the system will cost? But what is the price? Do you think it is expensive? Technology and creativity, It's priceless!"

Feng Yu dragged Microsoft out as a shield. Microsoft's profit this year can be billions of dollars, but how much is the cost? Superb technology, good ideas, etc., some cannot be measured by money.

Feng Yu's answer was very recognized by Bill Gates. Steve, on the other hand, couldn't find anything to refute. But the problem is...he still didn't understand how Feng Yu made so much money! (To be continued.)

PS: The fourth change, there is more in front, don't miss it. Forty-five thousand and three plus updates are recommended. Thanks to xiangbizi, boyhoods99, book friends 1028151750, legends are unrealistic, how long can I remember you *^ ^* and other book friends for their rewards. Next, Feng Yu will spend money~~

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