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Chapter 51 Thank you for your current decision

Perhaps life was in a trough, and Mr. Andrew was eager to get the money. The next day, under the witness of his lawyer, the two parties signed a contract and agreed on the transfer of the company. Mr. Andrew quickly left.

It is not a hassle to buy a fund company with a size of only a few million US dollars. The total agency fee of the consulting company is also paid by Mr. Andrew.

After paying the first purchase of the company, Locke came to the office of Sky Fund Company and began to meet with the employees of the original fund company.

Although Sky Fund once managed tens of millions of dollars in assets at most, in fact, the company only has six employees.

Finance itself is a knowledge-intensive industry, just like the company of the stock god Buffett, with only more than twenty people in its headquarters for a long time, but it does not prevent it from becoming one of the most successful companies on Wall Street.

The company has no money on the books, but due to the fierce competition in the industry, it is not easy to find a job. Even though these six people have started submitting resumes in other companies, most of them have not obtained satisfactory positions, and the company is barely running normally.

Locke did not intend to suppress the wages owed by these people, but before that, there were some things to be determined. He picked up the black tea made by Tang Wei, and Locke said to the six people:

"I will introduce myself first. My name is Locke Lee. I believe you all know it. Mr. Andrew bought me the company. Now I am talking to you to make sure whether you are willing to stay in the company and work for me."

These people saw Locke who looked too young, and looked surprised, curious, and sighed. Then they heard Locke continue:

He was prepared for these people's attitudes, and Locke didn't care and shrugged: "This matter is a company's secret, and the company and employees have always been two-way choices.

When the industry is prosperous, the bonus is quite high. In addition to salary, you can also get bonuses for more than a year or even two or three years. A very small number of senior executives can reach millions of dollars by themselves.

After something happened at Mr. Andrew's family and he was unwilling to work, the company was even more disintegrated. It can be said that it was about to go bankrupt and it was almost impossible to revive the dead.

These words sounded like bragging to the six people, Ms. Mora continued: "Do you have a ready-made source of funds and someone is willing to invest?"

However, the job income that can be applied for is not high, and the prospects are not good.

For example, Ms. Mora, who was just talking, was managed by Mr. Andrew's family after problems arose, and she was very clear about the current situation of the company.

Now the management fee received by the company's management is not enough to pay for rent and salary..."

Speaking of this, Rock paused for a moment before saying in the curious eyes of several people: "In the next month, the company will have a total investment of 120 million US dollars."

Locke had been prepared for this, but he didn't say it immediately, just said:

You have worked here for so long, and I don’t want to recruit people again and get through slowly, so those who are willing to stay will still have their salary within a year. Whether it will increase in the future depends on the company’s operation. As for dividends, it depends on the performance.”

He has been looking for a new job in the past six months, and now he is about to negotiate with his next company, so naturally there is no need to take the risk to stay. However, the remaining five people hesitated for a moment and chose to stay.

In addition, Locke looks very confident, so he is planning to stay and see the company's development for the time being. He can't get into the point of being unemployed or not making enough money.

After all, most of them are thirty years old, and there are many places that require money for mortgages, rent, raising children, living expenses, insurance, etc.

Usually, they always wear a simple hairstyle outside, looking like an elite in the industry, but their basic salary is not much, and their income depends more on bonuses and benefits.

But in fact, aside from the very few successful and famous rich people, other people working on Wall Street are just ordinary white-collar workers.

In the minds of many people, being able to work on Wall Street is synonymous with money, and even vaguely surpasses the top lawyers and doctors among white-collar workers.

Fund companies survive by attracting people to invest, collecting management fees and dividends. In recent years, Sky Fund companies have been declining more and more because it is difficult to attract high-quality investors.

After the stock market crash a few years ago, investors lost a lot of money, and the credibility and connections accumulated by Mr. Andrew were all ruined.

Obviously, there is no such thing as a shock in reality, and it is possible to easily impress others as subordinates. These people have no respect for Locke. They stand here neatly, just because of the wages they have already arrears.

"Andrew's vision is very good. I have read each of you've read the resume. It's very professional, with clear division of labor in the company, and can meet my basic requirements.

At this moment, the six people looked at Locke, who were too young.

If you are willing to stay, you can sign a one-year employment contract first. If you choose to leave, I will not stop you. Of course, no matter what choice you make, the wages you owed before will be transferred to your account within one week."

After that, it was difficult for companies to attract investment. Most of them were suckers who had finally fooled them. The investment amount was not high, and they just barely kept running.

"I know the company is having problems and it is not easy to get on the right track, but just give me some time, up to two or three years, I guarantee that each of you can make hundreds of thousands of dollars."

Wait until Locke finished speaking, the people on the other side showed an incredible or unbelievable look. They didn't know how to react at all, so they could only listen to Locke continue:

"This money is my investment, and I am in charge of the operation alone. There is no management fee, and the dividend is five percent of the income."

Seeing these five people signing the employment contract, Locke clapped his hands: "Very good, I believe that after I say these next words, you will thank you for your decision now."

The company had owed three months of salary before, which made them almost unable to get out of the way. If their income was reduced, their lives would explode on the spot.

Although to outsiders, they all have a good car, several suits worth thousands of dollars, and famous watches on their wrists.

When Locke said this, the six people looked at each other, and one of them stood up and said, "Sky Fund Company has no credibility and cannot attract investment at all.

As soon as he finished speaking, a young man of twenty-five or six turned his head and left, leaving a sentence to remember to transfer the defaulted wages into his account and left.

Americans like to speak straightforwardly, especially when talking about business, so Ms. Mora directly asked the question.

Perhaps Locke's temperament is mature, even handsome and attractive enough, giving people a good first impression, but it does not mean that Locke has the ability to lead the company to success.

This means that compared with dead wages, practitioners in this industry value the company's development prospects more.

Nowadays, suitable jobs in the entire industry are not easy to find, and they have also found them.

These words made everyone standing here not know how to react for a while. After waiting, everyone exclaimed hugely.

It is still the 1990s, and hundreds of millions of assets are enough, so Locke ranks within 400 on the Forbes rankings.

No one expected that Locke was actually a billionaire and began to guess which famous family Locke was the son of.

Tang Wei, who had been standing beside Locke, also grabbed Locke's hand in surprise, and the force even made Locke feel pain.

(End of this chapter)