Vol 4 Chapter 31: Listed company

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

It's Nelson Chen. It's not natural when eating, and some don't dare to look at Emilia. Hey, this guy, is it really interesting to her?

Of course, it is normal to have this meaning.

Regardless of their low positions in the law firm, their income is really very good, with an annual salary of more than $100,000, and they have the conditions and ability to satisfy themselves to pursue what they like.

"I may have played a cameo matchmaker today," he couldn't help but mention it after returning home in the evening.

Huang Jingping was walking over with a glass of water. Hearing what he said, she stopped in place for a while without asking what was going on, and then she trembled with a smile, "Hahaha,"

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

Sure enough, Huang Jingping touched his face, "Would you like to put blush on your cheek and put a mole on it? Yes, I have to hold a pipe,"

It’s only blame for those screenwriters who have no originality. They have used this setting in many film and television dramas. When it comes to matchmakers, everyone has such a classic image in their minds.

Feng Yiping also laughed, groping with his hands in the slits of the sofa, oh, really, "You must have done this," he said, looking at a five-cent coin in his hand.

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

There is a little guy like Amanda. She is very close to these things. Generally, she will not put it on the sofa where Amanda can reach it. Otherwise, she might be holding it and playing. , Just swallow it in the stomach.

"Well, it's not you, it may be Leticia,"

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

"How do I think you are denying it?" Feng Yiping asked, looking at her unnatural face.

"This is how Merbach got the inspiration?" She also learned to change the subject.

"No, he didn't think of the idea when he picked up coins on his sofa. He came up with this idea when he was working-study at the university and cleaning the student apartment."

The Merbach they are talking about is the founder of the company that Feng Yiping is currently preparing for the acquisition.

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 smashed on the head by an apple, and after a curse, we might have to pick a few more to eat in order to understand our hatred, but Newton was inspired by this and discovered the force of gravity.

It's the same with Merbach.

That year, Feng Yiping went back to the Guanquelou in the third grade of elementary school, because when he wrote silently, he wrote the "you" in the middle of "yellow" as "tian", which was used by the uncle who could teach Chinese at school. Zhuban beat palm, and Merbach was already a freshman at Stanford University.

The family conditions of classmate Merbach are also not very good. Both parents are small employees and the income is not high. The key is that we have not learned how to do family planning work. There are too many children, so the pressure is very high.

In order to reduce the pressure on parents, the industrious and filial Merbach used his free time to contract the cleaning of the student apartment.

When cleaning the student apartment for the first time, he swept out a lot of dusty coins on the foot of the wall, under the sofa, and under the student bed. These coins were 1 cent, 2 cents, and 5 cents. In each student apartment Both.

Many children in our country grew up singing the rhyme "I was on the road, picked up a penny, and handed it over to the police uncle,". So when I was a child, I knew that collecting money is good.

I don’t know if there are similar nursery rhymes in the United States. Anyway, Merbach did the same. He sorted these coins and returned them to the possible owners, but most of the students at Stanford University may have good grades and family conditions. Fortunately, none of those classmates showed the slightest enthusiasm: "A handful of coins can be stored in a wallet, and it is troublesome to buy many things. Some of these are deliberately thrown away."

The owners didn't care, and Merbach was not pedantic. He didn't hand over the money to the school or went to the police uncle, but worked harder.

At the end of the first month, he counted the coins he picked up, and even he was surprised: it was as much as $500! This made him overjoyed.

You know, the per capita disposable income in the United States is only less than 17,000 US dollars. His extra income this month is more than half of his father’s income. It is also better than those of Stanford classmates who can get from home every month. I got a lot more pocket money.

Let’s compare it vertically with China. The average annual salary in the capital is about 2,100, which is quite high in China.

Calculated at the exchange rate of 3.765 listed in that country, regardless of actual purchasing power, Merbach’s one-month work-study extra income is equivalent to most of the domestic full-time employees for one year.

In short, it was more than $500, not a small amount of money.

These free coins not only solved the urgent need for tuition, but also greatly improved his quality of life.

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

If I changed to Feng Yiping, I would definitely not make any announcements and continue to work **** this promising work-study program. However, classmate Merbach decided to reflect the fact that people do not value coins to the relevant state departments.

He wrote separate letters to the Federal Reserve and the Treasury Department, suggesting that they should pay attention to the situation where small coins are thrown away for nothing.

A reply from the Ministry of Finance arrived quickly, telling the impoverished college student: "As you have reflected, the country has 31 billion U.S. dollars in coins circulating in the market every year, but 10.5 billion U.S. dollars are thrown at the foot of walls and elsewhere. Although we have repeatedly called on people to cherish the coins, the results have been minimal. The coins that enter the garbage incinerators in various places each year are as high as hundreds of millions of dollars. We can't do anything about it."

This kind of reply made Merbach see a huge potential business opportunity. After all, money is money and no one will waste it. The question is, how to solve this problem? At that time, he sprouted the idea of ​​opening the gap and starting a career.

In 1991, after graduating from university, he did not rush to find a job like other classmates, but set up a "Coin Star" company and launched an automatic coin changer in response to the business opportunity he discovered.

His customized automatic exchange machines are generally set at the entrance of the supermarket. They are simple and fun to use. Directly pour coins into the machine. The machine will accurately calculate, sort and pack at a rate of 600 coins per minute, and then spit out a receipt. , With this receipt, go to the supermarket service counter to collect cash, the automatic currency change machine will charge a handling fee of about 9.8%, and the profit will be shared between the company and the supermarket in proportion.

Since the beginning of its opening, the business of Merbacher "Coin Star" has been extremely hot. By 1996, less than 5 years after its opening, "Coin Star" had set up 11,800 automatic exchanges in 8,900 large supermarkets across the United States. Coin machine, two years later, Merbach, the poor boy of the year, became the chairman of the 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 surplus was only just over 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 Americans know the services of CoinStar, less than 20% of them will use their services in the end because the charges are too high.

Many residents said, "To change money into money, you have to pay nearly 10% of the handling fee? No, we won't do that!"

Feng Yiping understands this very well. When you throw coins everywhere, it doesn’t matter. However, when you gather these coins and take a big box to the exchange machine to exchange them, you find that every 10 coins you put in He must be given a cent coin, and it hurts anyone who puts it on!

The reason why Feng Yiping got the approval of all members of the board of directors, including Merbach, was because he put forward a series of solutions to this problem.

…………

"You said ~www.wuxiaspot.com~ if you were like Merbach and swiped more than 500 yuan from the student apartment, what would you do?" Huang Jingping asked.

"I, it is estimated that I will have a good relationship with the school's logistics department. I will take over the cleaning of all the student apartments by one person, and then recruit a few people to do it together. I will take the bulk."

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

"Girl, you have to consider the national conditions of our country. You are joking. Anyone can do business that involves money? If you want to open a company like Coinstar in China, the difficulty of approval will not be lower than that of getting a car permit. ,"

"Also, do you still want to charge nearly 10% of the service fee? Not to mention that compared with banks, the return is higher than that of some loan sharks. If you are properly operated illegally, you will be locked in every minute."

"Oh!" Huang Jingping was a little frustrated. After a long time with Feng Yiping, she has also been contaminated with some of Feng Yiping's habits, and she wants to replicate this model to China.

"You don't know what kind of person I am? Don't be frustrated, just look at it. This acquisition will definitely bring great benefits!" (To be continued.) (www..)