Chapter 899 Listed Company Picked Out

Feng Yiping suddenly messed up the mandarin ducks, which made the atmosphere of the dinner not harmonious. Of course, Feng Yiping didn't care much about it. Emilia no longer strongly recommends herself, which is good.

It was Nelson Chen, who was unnatural when eating, and a little afraid to look at Emilia, hey, this guy, does he really mean something to her?

Of course, it's normal to have such a meaning.

Even though their positions in the law firm are not high, their incomes are really good, with an annual salary of more than 100,000 US dollars. They have the conditions and ability to satisfy themselves to pursue what they like.

"Today, I may have played a guest role as a matchmaker," he couldn't help mentioning it after returning home at night.

Huang Jingping was walking over with a glass of water. Hearing what he said, she stopped where she was for a while without asking what was going on, and then laughed until her flowers trembled, "Hahaha,"

"Water, be careful with water," Feng Yiping could guess what scene she was thinking of.

Sure enough, Huang Jingping touched his face, "Would you like to put blush on your face, and put a mole on your face? Yes, and a pipe in your mouth."

This can only be blamed on those screenwriters who have no originality. This setting has been used in many film and television dramas. When mentioning the matchmaker, such a classic image emerges in everyone's mind.

Feng Yiping also laughed, groping in the cracks of the sofa, yo, there really is, "You must have done this," he said looking at a 5-cent coin in his hand.

"I didn't," Huang Jingping called Qu.

With a little guy like Amanda here, she pays close attention to these things, and usually doesn't put them in places like the sofa where Amanda can touch them, otherwise, she might play with them , just swallow it into the stomach.

"Well, not you, maybe Leticia,"

"It's not me anyway," which might actually be her.

"Why do I feel that you are denying this?" Feng Yiping asked, looking at her unnatural expression.

"That's how Merbacher got his revelation?" She also learned to change the subject.

"No, he didn't come up with this idea when he picked up coins on the sofa at home, he came up with this idea when he was working and studying in college and cleaning the student apartment,"

The Murback they are talking about is the founder of the company that Feng Yiping is currently preparing to acquire.

Excluding the artistic processing in some stories, there are indeed some people who are more sensitive than most people.

For example, if we were sitting under an apple tree and were hit on the head by an apple, and after we cursed, we might have to pick a few more to eat in order to understand our hatred, but Newton was inspired by this and discovered universal gravitation.

Same goes for Merback.

That year, Feng Yiping was still in the third grade of elementary school and climbed the Guanque Tower by heart, because when writing silently, he wrote the "you" in the middle of "yellow" as "Tian", which was used by the fourth uncle who would teach Chinese at school. Bamboo palms, and Merback was a freshman at Stanford University.

Merbaker's family conditions are not very good. His parents are small employees and their income is not high. The key is that they did not learn from our family planning work. There are too many children, so the pressure is very high.

In order to relieve the pressure on his parents, the industrious and filial Merbaker contracted the cleaning of the student apartment in his spare time.

When cleaning the student apartment for the first time, he swept out many dusty coins from the corners of the walls, the seams of the sofa, and under the student beds. These coins included 1 cent, 2 cents and 5 cents. Both.

Many children in our country grew up singing the nursery rhyme "I picked up a penny by the side of the road and handed it to the police uncle," so they knew that picking up money was good from an early age.

I don’t know if there are similar nursery rhymes in the United States. Anyway, Merbak did the same. He sorted out these coins and returned them to the possible owners, but he may have good grades and family conditions like most of the students at Stanford University. Fortunately, none of the students showed the slightest enthusiasm: "Put a handful of coins in your wallet, you can't buy many things, and it's troublesome. We threw some of them away on purpose."

The owners didn't care, and Merback was not pedantic. Instead of handing over the money to the school or going to the police uncle, he worked harder.

At the end of the first month, he counted the coins he picked up, and the result surprised even himself: there were as many as $500! This made him overjoyed.

You know, the per capita disposable income in the United States at that time was less than 17,000 US dollars. His extra income this month was more than half of his father’s income, and it was also better than those classmates at Stanford who could get money from home every month. Got much more pocket money.

Let's compare it vertically with the domestic ones. The average annual wage income in the capital at that time was about 2,100 yuan, which is considered high in the country.

Calculated according to the exchange rate listed by the state at that time of 3.765, without considering the actual purchasing power, the extra income of Merback's one-month work-study program is equivalent to the annual income of most full-time employees in China.

In short, the more than 500 US dollars at that time was not a small amount of money.

These coins picked up in vain not only solved the urgent need for tuition fees, but also greatly improved his quality of life.

However, the American way of thinking is different from ours.

If it were Feng Yiping, he would definitely not make a fuss and continue to work hard on this promising work-study program. However, student Murback decided to report the fact that people don't pay attention to coins to the relevant state departments.

He wrote separate letters to the Fed and the Treasury, advising them to pay attention to the situation of small coins being thrown away for nothing.

A reply from the Treasury Department arrived quickly, telling the impoverished college student: "As you reflect, the country has $31 billion in coins that are circulated in the market each year, but $10.5 billion is just thrown around the walls and elsewhere. , Although we have repeatedly appealed to people to cherish coins, the results have been minimal, and the coins entering garbage incinerators in various places every year are as high as hundreds of millions of dollars, and there is nothing we can do about it.”

Such an answer made Merbach see a huge potential business opportunity. After all, money is money, and no one will waste it in vain. The question is, how to solve this problem? At that time, he had the idea of ​​opening a gap and starting a business.

In 1991, after graduating from university, he did not rush around to find a job like other classmates. Instead, aiming at the business opportunity he discovered, he established a "Coin Star" company and launched an automatic coin changer.

The automatic exchange machine he customized is usually installed at the entrance of the supermarket. It is easy and fun to use. Just pour coins into the machine, and the machine will accurately calculate, sort, and pack 600 coins per minute, and then spit out a receipt. , With this receipt, go to the supermarket service counter to get cash, and the automatic coin changer will charge a handling fee of about 9.8%, and the company will share the profit with the supermarket in proportion.

Since its opening, the business of Merbark's "Coin Star" company has been extremely hot. In 1996, less than five years after its opening, the "Coin Star" company had set up 11,800 automatic changers in 8,900 large supermarkets across the United States. Coin machine, two years later, Merback, a poor boy, will become the chairman of a Nasdaq-listed company.

At present, the total share capital of Coin Star is more than 25.6 million shares, the stock price is less than 14 US dollars, and the total market value is less than 400 million US dollars. In the first fiscal quarter of 2003, the adjusted profit was still less than 2 million US dollars, and the performance was not very good.

The survey report of the consulting company pointed out that the main reason is that although most of the American people know the service of Coin Star, less than 20% of the people will use their service in the end, and the reason is that the fee is too high.

Many residents said, "Exchanging money for money, you still have to pay a handling fee of nearly 10%? No, we won't do that!"

Feng Yiping understands this very well. When you throw coins everywhere, it doesn’t matter. However, when you collect these coins and take a large box to the exchange machine to exchange them, you find that every 10 coins you put in are 10 coins. If you give him a penny, it will hurt anyone's heart!

The reason why Feng Yiping got the consent of all members of the board of directors, including Merbark, is because he proposed a series of solutions to this problem.

…………

"You said, if you were like Merbaker and swept out more than 500 yuan from the student apartment, what would you do?" Huang Jingping asked.

"I guess I will establish a good relationship with the school's logistics department. I will take over the job of cleaning all the student apartments by myself, and then recruit a few people to do it together. I will take the lead,"

"Huh?" Huang Jingping was a little disappointed, "You don't want to start such a company like him?"

"Girl, you have to consider the national conditions of our country. Just kidding, anyone can do business that involves money? If you want to open a company like Coin Star in China, the difficulty of approval will not be lower than getting a car birth certificate." ,"

"Also, you still want to charge a service fee of nearly 10%? Not to mention comparing it with banks, it is even higher than the return of some usury loans. It is a proper illegal operation, and you will be locked in every minute,"

"Oh!" Huang Jingping was a little frustrated. After being with Feng Yiping for a long time, she also acquired some of Feng Yiping's habits, and she still wanted to copy this model to China.

"You still don't know what kind of person I am? Don't be depressed, you see, the benefits brought by this acquisition will definitely be great!"