The Magician’s Memorial - Chapter 9



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Episode 9. Jeffrey (2)

“I have an Internet business I’m planning. Would you like to take a look at it?”

“It’s not hard to see.”

“This is just something I thought about in my head, so I don’t have any organized data. “I will write it down now.”

I took out a napkin from the desk.

On it, the words customer, seller, product, and low cost were written in a circle shape.

“Are you saying that a good customer experience can lead to more sellers and sell more types of products at lower prices?”

“Yes! “I thought Geoffrey would recognize it right away.”

Of course you should know.

A napkin with a virtuous cycle structure written on it.

In the future, it was an idea that Jeffrey, not me, would write on a napkin, and this idea became the driving force behind creating a company worth 200 trillion won.

The beginning of a dinosaur company called Amazon.

It was just an idea written on a napkin, and Jeffrey was the founder who created this idea.

“That’s a great idea! “It is also an idea that is essential in the coming Internet age.”

“If you come to our company, you can turn these creative ideas into reality. If you want, you can start a business. “The company provides full support for starting a business.”

“For now, I want to focus on the project I am currently working on. And I can’t decide to change jobs right now.”

“I’ll give you the napkin as a gift. Please go home, think carefully and make a decision. ah! And Meggie also transferred to our company.”

“… … “I will think about it until today and contact you tomorrow.”

His eyes changed when he heard the name Megi.

Nicknamed Meggy, she will become known as Jeffrey’s companion in the future.

This was also the reason why I didn’t just take out Jeffrey but also brought in my employees.

Amazon is the company created from Jeffrey’s idea.

The efforts of Meggi, who stayed by his side, can never be ignored.

It is unclear whether Jeffrey and Meggy developed a romantic relationship, but he must be aware of the importance of Meggy in his heart.

But my conscience pricks me a little.

Mac and Jeffrey end up divorcing after an astronomical amount of alimony dispute.

Well, that’s 25 years from now, so there’s no need to worry about it now.

Jeffrey left the office holding a napkin.

He said he would think about it for a day, but the decision didn’t take long.

Before it was time to leave work, he came to the company again and told me of his decision to change jobs.

I expected him to come back to the office, and while waiting for him, I was passing the time by solving the SAT workbook.

“I don’t know if I’m good at it, but I’m betting my future on SAVE.”

“I will make sure you never regret it.”

I gave him a firm handshake.

I felt a strong determination along with tremendous heat in his hands.

“I have to resign from my previous job and complete the handover process. “I will finish and join you as soon as possible.”

“You can take it slow.”

Jeffrey, who had made up his mind, was finally able to relax.

He drank the coffee that a team leader brought and turned his head to look at the atmosphere of the company.

Then I looked at the book on my desk and tilted my head.

“Why are you solving the SAT workbook? “I’ve heard of people solving math problems as a hobby, but this is the first time I’ve seen someone solve SAT problems.”

“Of course, I’m working on it to get into college.”

“Are you talking about the representative?”

“Because I’m that old.”

Jeffrey stared at my face for a while.

Then he seemed to realize that I was not young but really young.

“under. under. under. I see. under. under.”

Jeffrey stiffened like a robot.

He looks like he wants to go back to joining the company. But the contract had already been signed.

* * *

A month has passed since Jeffrey joined the company.

Not only did he give him the title of Vice President of SAVE Investment Company, but he was also delegated full authority over SAVE Investment Company.

It was a move that was possible because I trusted him, and Jeffrey showed off his abilities to the fullest.

I received reports every day from the mouths of four securities men about how the company was changing.

[Master, Jeffrey is not human.]

[It’s not a person, it’s a devil.]

[devil? Just a devil! We should call him the devil, not the devil.]

[Life at Taewoo Securities feels comfortable. Real people are treated like machine parts.]

It was a group of four securities men who were closely related to each other.

The working environment was such that even those who were accustomed to Korea’s tight working environment were upset.

“So you don’t like Geoffrey’s ways? “Isn’t the company running properly?”

“… … That’s not it. Rather, profits are increasing. “If we look only at investments that you did not take the lead in, profits have increased by at least 30 percent.”

Team leader Han Jeong-hoon sighed and said.

Although he knew that Jeffrey’s method was difficult, he had no choice but to accept it because he knew that it would increase the company’s profits.

Jeffrey’s three types of S-class work abilities.

One of them was productivity.

Jeffrey was someone who had an outstanding ability to manage employees to achieve maximum productivity.

There was a story like this when he was running Amazon.

-We do not install air conditioners because hospital costs are cheaper than installing air conditioners in factories.

-Where do you have time to go to the bathroom? If you want to urinate, just put it in a bottle.

How much stress must it be on the employees, including the four securities men, to have to work under someone like this?

A weak-hearted person will quickly resign and leave.

Even when Jeffrey was leading Amazon, Amazon had the shortest tenure among IT companies.

Amazon was a company that received praise if it lasted for a year and became a legend if it lasted for 10 years.

The person who was better at whipping than anyone else was Jeffrey.

However, if you are constantly whipped, there are bound to be people who cannot stand it.

Since I didn’t want to miss out on the hard-picked employees with A-level work skills, I decided to give them carrots.

“Except for the investments I lead, for the remaining investments, I will give 20 to 30 percent of the profits as a performance fee.”

“Isn’t that too much?”

“Other traders on Wall Street are receiving the same amount, so we must pay fairly to avoid backlash.”

The average annual salary on Wall Street is approximately 200 million won.

However, bankers and traders received bonuses ranging from 50 percent to dozens of times their annual salary.

Jeffrey is the whip, and I am the carrot.

This is the only way to protect talented people as much as possible.

“So, for businesses led by you, you still pay 1 percent as a bonus?”

“That’s natural. It’s an idea I came up with. Of course, some of it will be paid as a year-end bonus. “I will separately convey information about performance compensation to Jeffrey.”

“I think more and more employees will put their resignation letters back in the drawer when the topic of performance compensation comes out.”

“Not even one team leader wrote a resignation letter, right?”

“Oh, no.”

No matter how much I resign, they will never accept it.

Other employees may not know, but a team leader with S-level work ability will never let them go.

* * *

The last day of March.

Today, five tutors, including a consultant, gathered in the living room to talk about my grades.

“My SAT scores in March were very good. “This score puts me in the top 2 percent.”

“This score was possible because I had excellent teachers. thank you.”

In Korea, the CSAT is taken once a year.

However, in the case of the US SAT, it is possible up to 7 times a year.

However, taking the SAT blindly is not helpful for entrance exams.

Some universities look at the highest scores, but others look at all SAT scores taken.

“If you look at your grades alone, you can easily apply to your target university, Harvard or Stanford University. But it doesn’t mean you can pass without fail.”

“What is lacking?”

“The most important thing for college admissions is your SAT score, but other than that, you also need outside activities, essays, and letters of recommendation.”

These were the words of America’s most famous consultant.

Unlike Korea, each university in the U.S. has different items that it considers important when applying for college entrance exams.

“I will take care of the outside activities and essays.”

“If Taewoo Group provides help, that issue will be resolved.”

The consultant has a misunderstanding.

Of course, it would be effective if the Taewoung Group helps, but Taewu Group is ultimately my grandfather’s company, not my company.

Is there really a need to lend a hand?

I have my own SAVE investment company.

Of course, I cannot say out loud that I am the representative of SAVE, but I was able to fully satisfy the external activities and essay part just by using SAVE’s system.

“You mean we only need to solve the recommendation part?”

“Can I get help from Taewoo Group in that regard as well? A letter of recommendation from a person in the political or business world who is close to the Taewo Group would be of great help.”

“I’ll look into that too.”

“I’ve been a consultant to many students so far, but this is the first time I’ve encountered something as easy as this. I’m getting good grades on my own, and I don’t have to worry too much about the rest… … .”

The consultant was reluctant to talk back.

I think it’s probably ‘paying a lot of money’.

My grandfather must have promised a huge amount of money as compensation for his success.

A few days passed like that.

I continued to focus on studying for the SAT and trying to find good recommenders.

But in this situation, Jeffrey came to me with very refreshing news.

“CEO, I received a call from Quantum Fund. “There was a good investment item, so I suggested that we join in.”

“By Quantum Fund, you mean the hedge fund with George and Jim?”

“That’s right. “This is a very famous hedge fund on Wall Street.”

Of course I know about Quantum Fund.

In my previous life, the place I studied for over 10 years was Quantum Fund.

One of the causes of the foreign exchange crisis that led to the collapse of Taewo Group was the Quantum Fund.

Can an individual fight against a nation and win?

The place that came up with the answer to that question was the Quantum Fund, and they made money by fighting against the state.

It was the Quantum Fund that pushed Thailand, the beginning of the Asian foreign exchange crisis, to the cliff, and in the aftermath, even South Korea stumbled and the Taewo Group collapsed.

“Is the item proposed this time a short sale of the British pound?”

“That’s right. Quantum Fund has been attacking the British pound since last year, and many hedge funds on Wall Street are helping him.”

Now was the time when the direction of the Quantum Fund was decided.

Previously, it was a Quantum fund that made profits through short selling of the defense industry or overvalued companies.

However, starting with shorting the pound, you may have realized that fighting against the state can be very lucrative.

“It seems that our SAVE investment company has made a name for itself to the point where it has received an offer from Quantum Fund.”

“The story that big profits were made from the Gulf War is slowly spreading. And I understand that most companies on Wall Street have received proposals from the Quantum Fund.”

“It would be a shame to lose even a penny since we had to fight against England.”

how will we do it?

The Quantum Fund was the starting point for the collapse of Taewo Group.

I felt like I wanted to be on the other side of him, but right now money was more important than feelings like revenge.

“Please arrange a meeting. “If I told you that you were thinking of investing at least $5 billion, wouldn’t you come out and meet me?”

“I will schedule a meeting within this week.”

I can do anything to protect my group and my family.

Even if we have to join hands with the culprit who caused the foreign exchange crisis, we are ready to join hands with a smile.