"Second... I need support from the state governnt’s funds, policy incentives, and, when necessary, to negotiate with banks together with ."
Mr. Adelaide looked at Lynch and thought for a while. He bit his thumbnail, nodded after about ten seconds, "No problem, we will show the utmost sincerity!"
What distinguishes a mature capital and an immature capitalist?
First, let’s talk about immature capitalists. These people can only be considered as business people, and when they do sothing, they often rely on their own capabilities to decide what to do.
For example, if they have a hundred dollars, they will do business worth a hundred dollars.
There’s nothing wrong with that, and it’s very safe, like investnt finance, without leveraging; they play with the money they have. Even if they lose it all, they only lose what they had.
This doesn’t an what they are doing is bad—it’s actually very good—but such practices don’t qualify them as successful capitalists.
This is the difference between them and mature capitalists. For mature capitalists, if they have a hundred dollars, they will find a way to leverage three thousand, five thousand dollars worth of business!
Even a tiny bit can bring them considerable returns.
Their understanding of money, capital, and social relationships is far superior to that of immature capitalists. They can easily create "opportunities" or "disasters."
However, they are only mature and still so distance from success.
Truly mature capitalists never use their own money for investnts, whether in finance or industries.
To put it down a notch, a successful capitalist in a financial activity would consider it lucky to contribute five percent of the funds.
They employ thods that turn decay into magic.
It’s like Lynch can build factories without spending a di and even find ways to start production.
Yes, it doesn’t require a penny, but achieving such a level requires certain prerequisites—that others must recognize you as a successful capitalist or that your thods are astute enough.
There’s an entrepreneurial legend circulating in Bupen, about how the founder of the Federation’s largest beer producer was once an ordinary person.
Relatively speaking, reports ignored his actual family background, claiming he was an ordinary citizen of the Federation.
In reality, his father was a manager of a rchant firm, and his mother worked at a bank. But, removing these inconsequential "settings," the story doesn’t change much.
At the beginning of his venture, he didn’t have enough money. He wanted to borrow and raise funds but failed, so he played a trick.
He submitted a cooperation intention letter to one of the top three beer bottle manufacturers in the Federation, informing them of his plan to build the largest regional beer factory.
But he didn’t know whose beer bottles to use and hoped they could provide so samples for market research to finalize the decision.
He ntioned in the intention that he estimated an annual production of one million bottles without recycling them!
This was unheard of at the ti—beer bottles, glass, were considered luxuries a century ago, and even now are not cheap.
Then he showed the beer brewing equipnt suppliers a warehouse full of beer bottles from the three major manufacturers.
He told these suppliers everything was ready except for the last machine. He didn’t know which machine was better, and hoped they could rent so machines for a try-out period.
Then he would decide on the machinery to use.
He kept persuading many people, using such thods, to join in. In the end, apart from not being able to "trick" farrs out of raw materials, he had to buy so. Even the workers were free hires!
After a week of trial, they officially joined, with slightly higher wages than others. So temporarily unemployed people were willing to waste a week there.
Thus, without spending much, beer began rolling out truck after truck.
With products, he could impress banks and investors, and soon he expanded his beer empire, becoming the Federation’s largest beer producer in over a decade.
This is the allure of capital, and the reason people chase it—
Less input, more return!
Of course, most people fall on the journey before understanding what capital really is, but this doesn’t stop future generations from stepping over their bodies to move forward.
It is because of people’s relentless pursuit of profit that the Federation has its current capital environnt.
In York State and the Federation, there are subsidies for entrepreneurship because it can promote local economic developnt and provide more jobs, so both local and the Federation governnt encourage entrepreneurship.
No matter if they fail eventually, at least along the way they can solve the eating problem for a few to dozens, hundreds, thousands of people.
Even if they go bankrupt in the end, it’s only the trouble of one or two people or a small group, not everyone’s trouble.
Thus, with policy inclinations, starting businesses, setting up factories, will have governnt fund cooperation. This money isn’t much, and it’s not very valuable for Lynch’s scale of factories.
But it has so significance—at least so tens of thousands of subsidies can solve his initial problems, then he can get bank loans!
This is key.
Banks never lend money to poor people because they know that poor people can’t make money with borrowed money, leading to uncollected bad debts.
But they lend money to those with industries, who are rich, as when sensing danger, they quickly detach and make a hefty profit.
Lynch, backed by the state governnt, with support from the Ministry of Defense and foreign military equipnt trade, the bank would be insane not to lend to Lynch!
If they are at all rational, they know the right thing to do is to lend as much as possible at this ti.
As for Lynch not repaying... doesn’t the state governnt guarantee it? Maybe they can help!
Plus, now companies are allowed to issue bonds, one needs to pay upfront before working, Lynch can entirely fund the factory without spending a penny.
As for why Mr. Adelaide trusts Lynch, perhaps he thinks Lynch won’t play tricks on these matters.
Doing such a thing once might retain trust, but repeating it, even if it’s legitimate, will leave no one trusting.
After all, the Federation is a country that values contractual spirit. Going too far may leave no place for one there.
Lynch proposed many conditions, and Mr. Adelaide agreed to them, but he also had his own thoughts.
"Lynch, I can agree on your behalf of Mr. Governor, but we have one condition."
Lynch nodded slightly, "Please say."
"Can the factory be built near the capital, Sabin City is ultimately a small city, with its three to four hundred thousand population unable to et such a factory’s construction demands."
"Our place is different, with a population of millions, more complete, and better facilities, we can contact at any ti, and quickly solve any problems!"
When Mr. Adelaide expressed these words, Lynch realized his core demand—the governor’s re-election.
But Lynch also has his demands, he has to provide Catherine with suitable support.
Improving living conditions and strengthening people’s sense of security, besides giving people a job, is there anything more suitable for the ordinary folks?
No, nothing, so the factory must be in Sabin City.
"The location cannot change, but our recruitnt can be entrusted to City Hall and the state governnt."
"Moreover, I can build so supporting factories here."
Mr. Adelaide pressed his lips pondering for a while, "Is it because of Catherine?"
Lynch nodded, admitting, making Mr. Adelaide sigh, "I really envy you all, so this matter is basically confird, then we will contact the bank, do you have any bank in mind?"
"Golden Exchange Bank, I’m familiar with their people."
Mr. Adelaide confird again he would arrange soon for Golden Exchange Bank’s people to negotiate the possibly large loan together.
The bank would also be happy, with the state governnt guaranteeing this, even if Lynch goes bankrupt and doesn’t repay, they can turn to the state governnt—it’s a sure-win deal, they would want to make!
Seeing this conversation coming to an end, Mr. Adelaide suddenly asked, "By the way, soone asked to inquire about what you plan to do with those holess people?"
So things can be concealed from people, like couples pulling the curtains at night, lying in bed covered up, who knows if their luminous watch really glows green.
But so things are hard to hide, like Lynch’s gathering with the Green brothers, leading to the sudden drop of holess numbers in Sabin City’s streets.
Soone worried Lynch chose a wrong direction with a misstep, prompting Mr. Adelaide’s question.
Lynch couldn’t help but laugh, "I plan to help them fulfill any wishes they might have had, you know, I’m very kind and willing to help others achieve their dreams."
"We are pushing an economic crop planting plan in Mariluo, but they lack so... you know, we’ve learned from Nagariel."
"When foreigners are involved, it can better stimulate locals’ desire to work."
"They might think, ’Even foreigners are scrambling for it, apparently, we didn’t choose wrongly.’ No need to worry about their safety; when they return, they will contribute to the Federation’s economy!"
Isn’t that right?
After so years in that barren place accumulating money, not spending indulgently would be unfair to one’s hard work?
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