Rebirth in America

Chapter 47 Brokerage Company

The center of the world in this era is the United States, and the center of the United States is New York.

In this modern city, Alex can finally find a sense of future life. Human beings are all products of their environment, and it is human nature to want to live in an environment they are familiar with.

Even after living in this era for six or seven years after his rebirth, Alex was still a little unaccustomed to living in the United States in the 1950s.

However, these days living in New York, Alex slowly felt the existence of technological products.

Electronic products such as air conditioners, refrigerators, and televisions are still luxuries in other regions, but in New York, the center of the world, they are a very common daily necessities.

Rarely in history have Americans had such an opportunity to make a fortune. In early 1950, the U.S. steel industry was operating at 98% of its potential, refrigerator pre-orders reached an unprecedented record, and the 1949 Christmas shopping week hit a record high in retail sales.

Henry Luce, who once coined the term American Century in the Life magazine he edited, talked about the reasons why the world should and will be led by American industry in 1950: First of all, American industry produced More food, more houses, more doctors, more entertainment; and secondly, it has overcome the most serious problem in the functioning of the economy, which is actual poverty in times of prosperity.

Luce believes that even if there may be an economic recession in the United States, the poor will be taken care of, and they will be the first group of people to be taken care of by the economy. In other words, America’s welfare system is gradually eradicating poverty!

Yes, the 20th century was the American Century, and the 1950s was the period when the American economy continued to rise. This period was also a period when the number of the American middle class continued to increase.

While the U.S. economy continues to grow, the U.S. entertainment industry market is also growing. Among them, the record industry and film industry have experienced the largest growth.

Carpenter Records was only supported by the two Carpenter brothers, which was not a good sign. When Rudy first took over the record company, he had already lost most of the artists. By the time the Carpenters owned the company, all the original artists had been sold out.

Now, after almost a year of rest, the company has returned to profitability and various departments have been reorganized, but there has been no major move in the brokerage department. The entertainment industry in this era was not as developed as in later generations, and agents were almost like stragglers, looking for new people to introduce to record companies. There is no formal brokerage company yet.

Because of this, Carpenter Records has not found a suitable new singer until now, and no good manager is willing to introduce the singer to them. This made Rudy and the others very anxious, and Rudy even planned to go to various nightclubs to find new singers who had not yet been signed.

Before Rudy could make a move, he was stopped by Alex. Now the company cannot lack Rudy and needs him to lead the company's affairs.

Let's set up a brokerage company ourselves! Alex saw that the time was ripe, so he expressed his plan.

Bart didn't quite understand this new terminology, so he asked: What is a brokerage company?

On the contrary, after hearing this, Rudy's heart moved, and he immediately understood what Alex meant. He pondered for a while and asked: Alex, do you want to bring those agents who work alone into the company? But what is the difference between this and the agent department in the company?

Many of today's managers are attached to major record companies. They are employees of the record company and receive a salary every month, but accordingly their stance is more biased towards the company rather than the singer. What singers like are independent managers. Only these people will stand by them wholeheartedly.

What I mean is to separate the agent and become a separate agent company. He explained that this is to focus the record company on the production and distribution of records, while the artists are managed by another company.

Everyone on the sidelines gradually understood, but there was still a problem. This kind of newly established company took too long, and it seemed that there was no way to solve the immediate problem immediately.

That's easy! As long as we acquire another company. Alex said with a smile.

Acquiring a company? Bart touched his head with his calloused hands, and his heart moved.

Bart may not know what's going on in the music industry, since he's always had menial jobs, but he's not stupid. Alex's words suddenly opened up his mind, and he seemed to have found the path in the darkness all of a sudden.

Rudy also understood. He said: We can acquire a small record company and split it up. We only need to keep the brokerage department. Add those people who were separated to our company, so that we can grow Our company's personnel and equipment can achieve our goals.

Carpenter Records had plenty of cash, and in the United States, as long as you had money and were willing to spend it, you could accomplish anything. This acquisition was carried out in the name of the company and used the company's working capital.

Within days, Rudy found a record company that was for sale. This is a small company, but it has complete personnel and equipment. The most important thing is that there are many artists under this company, and they can be directly transferred to Carpenter Records.

The owner of the company owed a large amount of debt and had to sell the record company in order to repay the money.

1,000,000! This is a huge price for many people!

This company is on sale for a whopping $1 million! The price made Bart think about shrinking back. He is here to make money, not spend it. Invest all the money in your hand. If you lose money, the Carpenter family will be immediately knocked back to its original shape.

Rudy said that he didn't care. Anyway, 90% of the company's shares belonged to the Carpenters, and his opinion as a small shareholder did not need to be considered.

Feeling panic, Bart held another family meeting. He felt that the money was earned by his sons, and they should listen to their opinions on how to spend it.

Is this company worth 1 million? Alex asked directly.

Bart thought for a moment, and then took out documents one after another: This is a property appraisal report. According to professional estimates, the value of this company should be around 1.5 million. However, the company owner is in urgent need of cash, and the bank mortgage is only You can get 700,000 to 800,000, so...

Alex and Richard both flipped through these documents. The various data on them were dizzying. However, since this report was made by experts, it should be somewhat credible.

American experts are not Chinese experts. They rely on their true skills to earn a living, not just to speak for whoever pays them more. Once their credibility is lost, it will be very difficult for them to continue working. Especially in a society like the United States that relies on credit, people without credit can hardly survive in this country.

For these people, credit is life and money. They will not play with their lives and money.

Then buy it! Alex didn't wait for the documents to be read, and then asked, Does the company still have enough money?

Angel thought for a while and said: I think the company's accounts can still be sustained. Even if we buy the company, it won't be too affected. The key is that the debt needs to be postponed.

But 1 million is too much. The company's debts have not been paid off yet. What if... After hearing this, Bart immediately objected.

You have to believe in the strength of Richard and I! We can still make it back even if the money is gone! After Alex finished speaking, he turned around and asked, Richard, do you think so?

Richard put down the file in his hand and said expressionlessly: I'm not interested in this matter at all. I just want to record the fourth album as soon as possible. Don't bother me with this kind of thing in the future!

After he finished speaking, he left the room and went back to practice singing.

Everyone was speechless by Richard's words. After a long time, Bart said: Since you are not afraid, then we will do it!

Seeing that the problem was solved, Alex asked: How is the electronics company's radio production going now? Can it be put on the market?

The transistor radio that Alex made was not very complicated, but many parts needed to be remade, but fortunately no redesign was required. Bart and the others only need to do it based on the existing objects, which saves a lot of effort. Even so, the original factory production line must be remodeled.

Bart made an estimate in his mind and replied happily: The production line will be ready for trial production next week. In fact, the radio itself is not difficult to produce, the difficulty lies in the battery!

Didn't I ask you to buy the production patent for AA batteries? Alex asked with some confusion.

Bart had no choice but to explain: The original electronics factory did not have the equipment to produce batteries. UU Reading www.uukanshu.net We must find another place to build a factory for production.

Only then did Alex realize that Bart and the others were busy doing this. He thought for a while and said: It would be better for you to separate this battery production department and become a separate battery company.

If you only produce one kind of battery, you need to set up a company? Bart said with some confusion.

Alex nodded and said, Yes, trust me! You will find that this is better in the future.

At his strong request, Bart and the others set up a battery production factory to only produce AA batteries. It is not affiliated with Carpenter Electronics, but is a separate battery company.

Carpenter Electronics is a very large company. In addition to the sales department and R\u0026D department, it also has thousands of workers, thousands of square meters of factory buildings, and various electrical appliance production equipment. In terms of purchase price, they got a big advantage. However, precisely because the factory was so big and the monthly salary was hundreds of thousands of dollars, Bart was under great pressure.

In addition to producing radios, they also produce other electrical products, such as air conditioners, refrigerators, televisions, etc. Due to poor management, the original boss's product production costs were too high. The more production, the more losses he suffered. He had no choice but to sell the company.

After the Carpenters took over, Bart was mainly in charge. The first thing he adjusted was to stop the radio production line and switch to producing transistor radios again. As for other production lines, he made no changes and is still producing. As a worker, he knew that if workers had nothing to do, big problems would arise.

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