Chapter 1222 – Start-up Heroes
“Manager Feng, you want me to participate in a variety show?” Zhong Qingxian looks at Feng Yu in shock. He had wondered why Feng Yu had called him over.
Zhong Qingxian seldom accepts news interviews now. He realized being in the limelight will affect his personal life and finally understand why Feng Yu doesn’t want to appear on the media.
“That’s right. This is not any variety shows. It is a variety program on start-ups and investing. We will let those people who want to get funding to appear on this show and introduce their business. At the same time, we can invest in these new start-ups.”
In Feng Yu’s previous life, China has more than a dozen of such shows. All the judges are famous angel investors like Zhong Qingxian, Shi Dazhu, Liu Chuanzhi, etc. They are all famous entrepreneurs.
Through these shows, they found start-ups that are worth investing in and also showcase their charisma. Viewers will discover the humorous side, and they are no longer mysterious and out of reach.
Some of them like to appear on TV and be worshipped by the viewers.
“Get those people who are seeking funding to appear on this program, and I will be the judge and investor?”
“That’s right. Don’t you have an investment company? But compared to Tai Hua Consulting, your company doesn’t have many projects to invest in. The main reason is your company is not famous enough. But after this program is aired, your investment company will become famous. If you can invest in some good businesses, you will get high returns.”
Zhong Qingxian is Zhejiang’s Business Association’s Chairman. Still, his investments are focused mainly within Zhejiang Province to help the people from his hometown. Tai Hua Consulting’s investments are all over China.
Although some of Zhong Qingxian’s investments had failed, many more had succeeded. The profits from these successful businesses are several times more than his investments.
Not to mention the investments in internet companies. The returns are tens or even hundreds of times more than the initial investments!
“Other than me, who else did you invite?” Zhong Qingxian knew Feng Yu will definitely not participate in this show.
“Liu Chuanzhi, Sun Lijie, Liu Yonghao, and Shi Dazhu.”
Among these people, Liu Chuanzhi loves helping others the most. In Feng Yu’s previous life, he is the Chairman of many associations and organizations, as he had helped many people. Many successful businessmen have a net worth higher than Liu Chuanzhi. Still, all of them nominated him to be the Chairman. This shows how influential he is.
When Feng Yu called Liu Chuanzhi to invite him, he agreed readily. He also felt this program can help many young Chinese entrepreneurs.
Sun Lijie agreed immediately too. Although he is in charge of a massive fund, he has much lesser experience than the rest.
Liu Yonghao had become an Angel investor two years ago. Feng Yu had supported his Guangcai Program had Feng Yu’s support, and he has high respect for him.
Feng Yu had to persuade Liu Yonghao for some time before he agreed.
As for Shi Dazhu, he agreed without hesitations. Feng Yu had helped him by investing in him and let him make a comeback from the verge of bankruptcy. Although his business is doing well now, he is not satisfied. He still wants to make other investments. Look at how successful Tai Hua Consulting is. He also does not want to put all his eggs in the same basket.
These five judges are the top businessmen in China. Even if other TV stations want to copy this program, they cannot get such ‘superstars’ judges.
Furthermore, this program will be aired on CCTV, and no other TV stations can compete with them. Also, this program is supported by Sohu Channel.
“Can you tell me more about this show? How will it work?” Zhong Qingxian asked.
“The entrepreneurs will have to submit a business proposal first. This is the same as all investments. After that, you all will get some people from your companies each to form a selection panel to select the outstanding proposals.”
“The representatives from the selected proposals will have to go through a round of interviews. The five of you will bring two assistants each to conduct the interviews. One of your assistants will be in charge of selecting promising candidates, and the other to verify. The entrepreneurs that passed the interview and selection process will have to prepare their materials and work with the TV production crew.”
“After that is the recording. You all can decide on the spot if you all want to invest in these entrepreneurs. If you decided to invest, there would be staff to facilitate the paperwork and contracts. Sometime later, the program will update on how the entrepreneurs are doing after getting the funding.”
Zhong Qingxian suddenly asked. “I will not ask how long this will take. But what if the business fails?”
“Then let it fail. After you all invested in these companies, you will surely provide some assistance to them. If the company still cannot succeed, that means you all had made a bad investment. Furthermore, investments have risks. No venture investment can guarantee to be successful.”
“How long will the recording of this program last?”
“The preparation phase should be around one to two months, as we need to get participants, verify their information, and put them through the selection process. The recording will be fast and should be less than two weeks. After that, we will edit the footage into more than ten episodes, which will be aired weekly. When all the episodes are aired, some companies should achieve some results, and that’s when we show their current situation.”
Feng Yu had combined the elements of all the entrepreneurship TV programs he watched in his previous life.
“Or we can separate this show into different phases. The first season will be venture capital investment, and the second season will be assessing the start-ups. That means we will check on the current progress of the start-ups. During the second season, you all will become an individual examiner.”
“Why individual examiner?”
“During the first season, you all will not be investing in the same start-ups. All of you will select different start-ups, and the participants will be split into five teams. This way, the five judges will compete to see who will get the highest return rate. This will become more entertaining and exciting.”
Zhong Qingxian frowned. “We will compete against each other through these start-ups? Is this a good idea?”
“What’s wrong with this? Will win or lose affect your current status? Also, don’t you find it very interesting? Even if some of these entrepreneurs had failed, but they are talented in other areas. You can still recruit them to your company. At the same time, you can point out their faults or even fire them.”
Zhong Qingxian thought for a while. Even if the investment fails, how much money can he lose? Also, this will become interesting.
“Alright. I will agree. I can tell this is only your idea, and the production of this program still has not started, right?”
Feng Yu smiled. “I need you all to agree before I can get them to start production. Don’t worry, the production crew had started promoting, and you should be prepared to start read business proposals.”
