I am a Big Player
Chapter 413 - 408, Internet Leader (Second Update)_1

Chapter 413: 408, Internet Leader (Second Update)_1

In the eyes of Ren and Mrs. Ren, their son had not done anything particularly remarkable besides his recent improvement in grades, and all they expected of Ren He was a safe and peaceful life. The foundation laid by Mrs. Ren was ample for him to enjoy for a lifetime.

But now, looking at Ren He sitting across them, they simply couldn’t understand: was this really their unremarkable son?

When they learned about what Ren He was currently doing, Mrs. Ren suddenly realized that he seemed to truly possess a leader’s charisma, befitting someone of a higher position.

No wonder Ren He had been so sharp in cutting off his uncle’s desire to rent a store without paying a dime, using a drastic method to extinguish the very thought.

In fact, the establishment of the Qinghe Group by Ren He was not only profitable but also demonstrated his profound understanding of the future internet economy.

This made Mrs. Ren and Ren clearly understand that their son’s success today was no fluke. It wasn’t like those nouveau riches who felt as if they had picked up a winning lottery ticket; rather, he had earned everything through his own hard work and effort.

That was different.

Many people are now advocating the futility of education, pointing out individuals who became extremely wealthy without ever attending college, or who dropped out and rose to prominence—all set before us like bowls of toxic chicken soup.

But the truth is, while Ren He cannot give a definitive assessment on the value of education, not studying does not mean you can succeed through ignorance.

The demands placed on successful individuals are increasingly stringent in this era, and those who truly succeed are constantly evolving and building depth.

It’s okay not to study, but you need wisdom or a means to establish a foundation for life.

When Ren He was doing poorly in his studies, Mrs. Ren had often scolded him, but in reality, she hadn’t taken it too seriously and had never enrolled him in any tutoring classes.

Now, Ren He had not dropped out of school; instead, he was simultaneously furthering his education at No.4 Middle School while starting a business, which brought Mrs. Ren waves of comfort...

If she knew that Ren He had silently gone to America, who knows what she would think? For now, Ren He had only revealed everything about Qinghe, but specifics like Knight, The Little Professor, etc., he hadn’t said and didn’t dare to.

After all, telling them now about his autonomous decisions to go abroad and engage in extreme sports had no special meaning. Better to wait a bit longer. He couldn’t let Mrs. Ren think he was completely out of control...

At this moment, Mrs. Ren asked, "So how do you balance your studies and work?"

"Well, I’m like a hands-off boss. I handled everything myself in the early stages, but now I basically just look at 13 reports each day. I’ve completely delegated authority; Xu Nuo is the president, and he’s doing quite well in his training," Ren He explained awkwardly. Mrs. Ren was the type to worry about everything at every stage of the business, whereas he preferred convenience. However, he emphasized, "Actually, the fact that Qinghe’s faction now has the confidence to grow is precisely because of my delegation of authority and the philosophy that has truly nurtured so many executives who can stand on their own. If I had to oversee everything, they would hesitate in their actions, and all we’d have raised would just be house slaves."

This made Mrs. Ren pause, and Ren mused, "I do feel it. The executives at Qinghe speak confidently, never submissive or arrogant. They never say, ’I’ll report this to the boss first.’ They can make decisions on many things on their own."

"Yes, I personally believe that once corporate management reaches this level, I think I just need to keep the people and finances in check," Ren He said composedly, and indeed, the emergence of so many capable executives at Qinghe Group was something he was proud of.

In modern enterprises, it’s far too common to see yes-men. Even those at director or vice-president level still dare not decide on minor issues or take responsibility. What good are such executives to Ren He? In the end, he would be the one worn out.

There’s a saying Ren He agrees with: If a boss can leave the company for 24 hours and the company doesn’t fall apart, then it’s a company with a relatively sound management system.

And Ren He did more than just leave for 24 hours; he could be away for 24 days, or even 24 weeks...

Of course, with the advanced state of the internet today, he can have video conferences anytime. While in New York, Ren He had plenty of meetings with the executives for Assassin’s Creed, but those were to reach directional consensus. Overall, it was hands-off management.

This also explains why Ren He’s entrepreneurial mindset differs from most. He had abundant experience from a previous life, yet he wasn’t too concerned about money and always maintained the mindset of an ordinary person: The money from Dota alone was enough to spend...

Ren He had previously worried about the emergence of a communications software industry leader who could use their user base to create a knockoff Dota game to compete with him in the market. Now that he had decided to get involved, it meant Dota was even more secure...

Mrs. Ren and Ren were silent for a long time. They still hadn’t fully grasped the vast amount of information Ren He had shared with them. Truth be told, they were both experienced and battle-hardened; they wouldn’t have been so shocked today if they had watched Qinghe grow slowly under their son’s leadership.

However, the reality was that Ren He’s dramatic change in performance was too great: the moment before he was an ordinary high school student, and the next, he had become a billionaire corporate leader, even one of the leaders in the internet industry today...

The internet industry is special. In this new world, the influence of a leader far exceeds that of the magnates in the physical economy.

Their son is now worth billions all of a sudden? They had previously struggled to control his finances! That control was meaningless; they couldn’t keep a rein on him!

Previously, what Ren He found most comforting was the respect Ren and Mrs. Ren had shown towards him, like last year when he proposed his ideas on the operation model for Luohe Commercial Property Center, which Mrs. Ren had since adopted.

Many enterprises, while venturing into commercial property, continue to adopt a lease-only policy, which leads to serious cash flow issues. Now, Luohe Property is healthy and even has the potential to climb higher in ranking.

Because a good cash flow means a brighter and faster development prospect.

Ren had no particular feeling about this, but Mrs. Ren felt differently. She now believed that Ren He’s words last year were certainly not accidental; in fact, he must have cleverly reminded her under the guise of innocence!

Looking back now, she was glad she had heeded the advice.

Mrs. Ren now looked at Ren He as if he was a member of a talented think tank. The think tank had not presented a complete plan at the time, merely stating that financing was an essential path to a healthy corporate financial state.

Now, Luohe Property’s debt ratio is 38.7%, mainly consisting of interest-bearing loans such as bank loans, trusts, and overseas bonds.

This is already outstanding within the property industry!