He is Already a Tycoon at a Young Age! - Chapter 28



Only Krnovel

#028

“Second Uncle, I see you have heard about me.”

“Yes, my brother said that when I meet you, I should treat you like the president of a business partner and discuss things with you, excluding your appearance and age, so that there are no surprises.”

I knew this would happen.

“Yes, but isn’t it surprising?”

When I meet people like this without hiding my abilities, everyone is surprised.

“I’m already surprised, but I think I’ll be even more surprised.”

“That’s right, I’m going to tell you something that will surprise Uncle Hyuk. There are two business ideas that I’m going to suggest to Uncle Hyuk.”

“Two?”

He knows that just the fact that I, the grandson of the chairman of the Samjung Group, proposed a business would change his life 180 degrees, so he is surprised and asks back when I say not one, but two things.

“Yes, South Korea’s economy has grown to a dazzling degree right now, and Seoul and Gangnam have developed remarkably. Didn’t you feel that when you moved into the apartment?”

“Yeah. They just throw away things that can be used, and clothes.”

In the eyes of the junk dealer, all the trash seen in the apartment recycling center will inevitably look like money.

In this apartment, there are many cases where things that can actually be used are thrown away.

“That’s right. I just throw away old clothes and things that are out of style.”

“Yeah, I thought rich people were different. Most of the things they had were things they could use for a few more years.”

“It has become that much richer. What if we just leave everything else alone and install things like mailboxes for collecting used clothes in apartment complexes, villas where ordinary people live, and general residential areas?”

“Used clothes collection box?”

Second, Uncle Hyuk was surprised.

“Yes, we export the used clothes collected in such large quantities to countries in Southeast Asia or Africa. We can export them by the kilogram.”

This used clothing collection business was one of the booming trade businesses until 2010. Then, as Chinese national clothing companies began making and selling clothes cheaper than used clothes, the export price of used clothes fell and it became a declining business.

‘Because I know the future.’

Know exactly when to enter and when to exit.

“The clothes secured by installing a used clothing collection box are free?”

“Yes, of course, there will be an installation fee when installing a used clothing collection box.”

“That’s right, and the rent for large apartments will be considerable.”

“Yeah, but it’s still a viable idea.”

“That’s right, just as my brother said, Ji-seong, you are a genius among geniuses. Why didn’t I think of that before? This is why people from wealthy families are different from ordinary people.”

“No, it’s the same for the rich. They just don’t imagine it.”

“The first one is such a surprising business idea, so the second one should be my fault? Hahaha!”

“It’s a huge undertaking.”

“Something big?”

“Yes, I said earlier that there are many countries that have collapsed and many countries that will become new economic powerhouses.”

“That’s right. The Soviet Union did collapse.”

If my words remind you of the Soviet Union, then Uncle Hyuk isn’t someone who doesn’t watch the news at all.

“That’s right, the Soviet Union collapsed, and Russia, the successor to the Soviet Union, is in economic ruin.”

“so?”

This is Uncle Hyuk, whose eyes change completely.

“Any house that is ruined will be put up for sale.”

“That’s true.”

“Russia is going to ruin, and now we have to sell everything, and there are too many of them, which is a headache.”

“There are so many of them that it’s a headache?”

“Yes, the Soviet Union had a fierce military competition with the United States in the past, so they had a lot of leftover weapons and equipment. Many of those equipments cost a lot of money to maintain and operate, especially warships, which cost a lot of money to maintain.”

“Jisung, are you really suggesting that we import warships as scrap?”

“yes.”

At my words, my second uncle Hyuk looked at me with a dumbfounded expression.

“I predict that Russia’s economy will collapse because it cannot afford to operate its warships. So, in order to reduce operating costs, the Russian Navy will sell off its warships.”

“Even so, should we sell the warship?”

“In fact, the United States is not a foreign country, but it sells old warships and airplanes to domestic junk dealers. However, Russia does not have any domestic companies or capitalists who can buy such warships and airplanes, so it has no choice but to sell them to foreign countries.”

My second uncle nods his head to my words without realizing it.

“They will probably sell the huge warships for scrap metal. There will be a bidding process, of course.”

“You need a company to participate in that bid, right?”

“Yes, so we need to establish a resource recycling company first. I’ve already decided on a name for the company.”

“What is it?”

“It’s permanent unemployment.”

“ah!”

“I would like my uncle to take the position of Young Unemployed Representative in my stead.”

“Do I have the ability to do that?”

My second uncle was wide-eyed in surprise just a moment ago, but when I told him to become the company’s CEO, his expression darkened.

“Why did your expression change like that?”

“If you sit in a position that you don’t have the ability to handle, it will be difficult and you will become unhappy.”

Perhaps because my great-uncle was humble, his younger siblings were also humble.

“I will help you and the experts I have organized will advise you, uncle. So, you don’t have to worry about anything.”

“Then Ji-seong, I’ll just be the president of the company, as they say. I think you suggested it to me because you were young and someone had to do the business you wanted to do instead.”

“There is that aspect to it, but I want to believe in my second uncle’s potential.”

“Why do I feel so good when my nephew compliments me? Hahaha!”

“Uncle, I need to talk to you about something practical and important from now on. It’s about the stock issue. After Young Industrial is established, my uncle, who will become the CEO of Young Industrial, will have a 5% stake.”

After speaking, I looked at Uncle Hyuk.

“You give me 5%? Why would I give you that much?”

“Yes, it’s a lot. In 10 years, the value of my uncle’s 5% stake will be over 50 billion.”

Uncle Hyuk looked at me with such surprise that time seemed to have stopped and he remained still.

I plan to turn Youngjae into a trillion-dollar company.

‘Rather than a listed company.’

We plan to maintain it as a profitable, unlisted company.

‘Taean unemployment and Young unemployment!’

And even the Korean Peninsula album.

This is the beginning of my business.

* * *

The next evening, a luxury apartment used as Ji-sung’s investment office.

“Ah, wow, umm!”

Investment managers shook their heads at the dinner served.

“Mrs. Choi, how much does this office spend on food for a month?”

Team leader Lee Seo-jin asked Ms. Choi, the housekeeper in charge of meals and cleaning.

“Why are you like that?”

“If we eat like this every day, we’ll probably die from hyperlipidemia.”

“So you don’t like it? Hahaha!”

“No, it’s not that, but I think it’s too much.”

Ji-sung told the investment managers that he was actually handling the large amount of food that his great aunt had prepared for his brother-in-law and his uncle’s friends.

“Team Leader, I gained 5 kilograms.”

“Me too, my jawline is disappearing.”

“Haha, I’m going to turn into a pig at this rate. I wish I could just eat some spicy kalguksu.”

Mrs. Choi said in response to Team Leader Lee Seo-jin’s words.

“I’ll prepare it right away.”

“No. If I just eat this, my stomach will burst. Let’s eat together and have a meeting.”

“Yes, that’s right.”

“I’ll wrap it up for you when you get off work.”

At some point, married investment managers stopped cooking at home. The food neatly packaged in the investment office was enough to last a week.

“Yes, if you keep doing this, you’ll end up with a fancy mouth. Hahaha!”

* * *

The next day, in the record company’s president’s office.

“Is this composition notebook also yours, the largest shareholder?”

Mr. Daeyoung Kim, the CEO of the planning company, asked me.

“I’m not a genius in every way.”

“Oh, I see.”

“how is it?”

I immediately sent the composition notes that my eldest brother left behind to the president of the record company through Manager Kim. And I am currently in the process of objectively verifying my eldest brother’s skills.

“I don’t know who it is, but it’s really great. It just feels like it’s way ahead of its time.”

“is it so?”

“Yes, I think it would be great if we could make it more popular through the arrangement process.”

“Instead, how about giving the song to a foreign singer instead of a domestic singer?”

“Overseas expansion?”

Kim Dae-hyung, the president of the record label, was surprised.

“That’s a method too.”

What is certain here is that although the eldest brother lacks business ability, he takes after his father and has outstanding artistic ability.

‘I think I can leave the cultural content business to my eldest brother.’

Album production is also good.

Making movies would be great too.

And the big-scale concert business is also likely to be a huge money-maker.

“That’s true. But it won’t be easy. So I think it would be better to leave a few songs with popular appeal to a skilled arranger. The investor and the largest shareholder are great people, but the record company is still new. I think stability is more important than challenges.”

I like challenges more than stability.

‘but.’

Since I have no intention of running this record label myself, I plan to accept the suggestions of CEO Kim Dae-young.

‘My eldest brother asked me for help.’

So, let’s start with this record label and grow it so that the eldest brother can run away. Then, the eldest brother will feel free as if he’s wearing clothes that fit him, and he’ll be able to do what he wants, so he’ll live as if he has wings on his back.

“Yes, please do so. As for management, the CEO takes care of everything.”

“Thank you so much for saying that.”

“But when will Han Tae-soo and Idol make their official debut?”

“We are scheduled to debut on KBS Music Show on March 27th. And we are waiting for you, the largest shareholder, in the practice room as you notified me yesterday.”

“thank you.”

I got to see Han Tae-soo and the idol with my own eyes.

‘I need to get an autograph first.’

Because in 3~4 years, this group will become the cultural president of South Korea.

“But CEO Park Seon didn’t come with us.”

I gave my great-uncle the title of General Manager. It would be a perfect title for him, as he would be in charge of all the businesses I run on my behalf to some extent.

“Yes, I have a special favor to ask of you.”

The work that CEO Park Sun confirms and the work that I request from Han Tae-soo and the idol group are the same.

“Yes, I understand. Then let’s go to the practice room.”

“Yeah, I guess I’ll have to get the first autograph before I become a big star, hahaha!”

“Are you sure about that?”

“Yes, I trusted President Kim Dae-young’s vision and was thrilled when I heard the song on the demo tape. I know, I know~ It was amazing. Hahaha!”

“Yes, I did too. But I’m actually a bit worried about how the public and critics will react.”

“Too ahead of its time?”

“Yes, that’s right.”

“That’s leading, that’s leading the culture.”

Kim Dae-young, the president of the record company, also nodded at my words.

Episode 29