My American magical life
Chapter 472 - 472 74 You're paying later!

472: Chapter 74 “You’re paying later!

472: Chapter 74 “You’re paying later!

What am I supposed to think?

You’ve already shouted a valuation over a hundred million, and you’re asking me what I think?

How am I to respond?

Telling the truth might make it difficult to remain friends, but lying isn’t appropriate right now.

If I say it’s no problem, does that mean I’ll have to cough up the cash next?

At this moment, the chubby cook Domo was sweating profusely.

“This thing is really fantastic, I mean, I’m saying that your company is fantastic.

But I’ve never dealt with such a hefty investment, Chan, I might need to go home and discuss it with my father, hear what he thinks.”

The ‘Daddy’s boy’ came up with a diplomatic reply, sacrificing a bit of his own dignity while preserving CEO Cheng’s.

His answer was hasty at first, but well-measured thereafter.

As a friend, this chubby guy was quite amusing.

“Hahaha, thank you, thank you, Mr.

Kang Rifenz, what do you think?”

The first question received a less than OK response, so CEO Cheng decided to let the extras set the rhythm a bit.

“I understand the MAS model, including the opportunities in the realm of short videos you mentioned.

So, Chan, I’ll have someone do some detailed research later, when is a good time for you?”

Whether things are successful or not often comes down to the specifics of a certain step, a single person.

CEO Cheng’s method was to push things forward in any controllable aspect.

Mr.

Kang’s suggestion actually provided CEO Cheng with a further excuse.

“As for timing, my idea is that if you all are interested in understanding more, performing due diligence and such, why not set a unified time for it?

That way, we can be better hosts.

Domo, Geweil…

does that sound good to everyone?”

Geweil Niusen finally got his chance and chose to turn on the mic assertively.

“Chan, two questions, I need to clarify these two questions first.”

As expected, the Q&A session began, and CEO Cheng nodded, signaling him to speak freely.

“First, your incubation model is great, but what about the costs?

Chan, the photographer, makeup artist, screenwriter, or say, planner, do you have a specific figure for these costs?”

Aimed right at the heart, the matter of calculating costs is a key issue no investment can skirt around.

“Mr.

Geweil asked a question we have considered, hold on, there’s a table on that.”

CEO Cheng brought up the pre-prepared data on the projection screen and began to explain.

“In terms of cost control, we’ve made efforts on three dimensions.

The first is to minimize the productive unit.

There are roughly two models for creating traditional short videos, which I call the academy model and the grassroots model.

The academy model prefers teamwork, while the grassroots model tends to rely on oneself.

If a team that can consistently create above-standard short video content is counted as a productive unit, then to reduce costs, you must minimize the productive unit!

Mr.

Geweil, how many people do you think are needed for a small video production team?”

“Five?”

“Which five, be specific.”

“Screenwriter, photographer, makeup, editing…

maybe four is enough?”

Geweil couldn’t think of a fifth, and Shabi spoke without thinking, smacking himself in the face.

Usually, there’s also an operator, and sometimes one person can play multiple roles as planner and director.

“We’ve managed it with just two!

Only two people!

Ladies and gentlemen, the cost for this small item is slashed in half!”

CEO Cheng played a little trick; the two-person team he spoke of was merely the video production team.

But it’s not a big deal; more details can be discussed leisurely.

“Clap!

Clap!

Clap!

Clap!”

Mr.

Kang led the applause, but Mr.

Geweil still had questions.

“Chan, but how can you ensure that your employees are willing to take on more responsibilities?”

CEO Cheng gestured for silence with both hands and began to explain.

“Do you all know what the specialties with the lowest employment rate in America are?”

“Philosophy!”

“Math, right?”

“English linguistics?”

“NO!

None of those.

The first is media studies, and the second is art!

Gentlemen, media and art!

Do I need to explain any further?”

Of course not; even Mr.

Geweil gave an admiring round of applause.

In terms of identifying potential animals, CEO Cheng was exceptional.

“Mr.

Geweil, the second dimension of our cost control is ‘industrialization of the production process’.

You must have heard a thing or two about Hollywood’s film industry.

In the middle of the last century, America’s Hollywood film industry system gradually took shape.

Based on a mature production system, Hollywood movies started an era of wonders.

And I believe this standardization of the media industry can be applied to the production process of short videos, and reasonable process and standard design can help MAS achieve lower costs if the content production field becomes a red ocean.”

At this point, Cheng Daqi suddenly stopped, stepped forward, leaned his hands on the podium, and looked down at the audience in the meeting room.

“If one day, this turns into a red ocean, I am confident I can lead MAS through a path of blood and glory!”

Confident and arrogant, but CEO Cheng’s presentation made everyone realize he should have that confidence and was indeed entitled to such arrogance.

The world’s wonders belong to the daring and the strong!

This time it was the blonde bombshell who led the applause, the girl was all but ready to charge into battle.

With CEO Cheng at the helm of MAS, why worry about not creating a great enterprise?

“Alright, now let’s take a look at the third point of reducing cost.

This point is a bit complicated; everyone, please look at the screen.”