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377、Afraid of CFO becoming CEO

On the Douhu platform, almost all anchors went to Luoxiu's live broadcast room to watch the meeting.

They have been broadcasting for so long and have almost been shown to the audience. They also want to hear what Luo Xiu has new insights and want to know if they can help themselves become better.

At the same time, he was also a little confused and didn't understand why he wanted to share it.

There are also many doubts on the barrage:

"You are a lie. What a trend. Why doesn't he make a fortune in a quiet voice? Why did he take it out and tell so many people?"

"Mr. Luo has also become those experts who sell success theory?"

"I just saw a bricklayer saying, "Understanding these three things, your assets will increase tenfold", and I almost believed it."

"There are also "Telling You the Secret of 30% of Returns Every Year", "Everyone Can Become a Stock God"..."

"Those who say they have the secret to getting rich are 100% liars, without exception."

...

Luo Xiu, standing on the stage, seemed to be able to predict these barrage comments from netizens.

He smiled and said, "I guess someone will definitely ask, since the Internet celebrity industry is the next trend, why should I share it with everyone instead of making a fortune in silence."

"If I say that it is because I am the kind of person who loves boundlessly, the kind of person who is unselfish and selfless, you will definitely not believe it."

There was a cheerful laugh from the audience, and they obviously knew it was impossible.

"Because this industry cannot rely on me alone, nor can it rely on Pinru Media as a company. It requires more people to participate and work together, and my mission is to serve everyone."

"Only when you all make money, we Pinru will have a higher income. The more you make, the better our lives will be."

Suddenly someone from the audience asked loudly: "Can I understand what you mean by Pinru as crawling on us and sucking blood?"

After saying this, there was a noise at the scene.

Some people also questioned the same question in the live broadcast barrage.

Luo Xiu stood quietly on the stage, and after the sound of the venue calmed down, he spoke out:

"This question just now is very good, and it is very reasonable for everyone to have this concern. Throughout history, we can find many such phenomena. I continue to use my old business, that is, the e-commerce industry, to give you an example."

"E-commerce emerged in the era of rapid expansion of the real estate industry. At that time, my country's economy was divided into two categories, the first was the real estate economy, the second was other economy; our advertising industry was divided into two categories, the first was real estate advertising, the second was other advertising; our sales staff were also divided into two categories, the first was real estate sales, and the second was other sales."

"The reason why e-commerce has emerged is that many physical store merchants have worked hard to sell the goods and made some money, but they are not enough to pay the store rent."

"The emergence of e-commerce allows merchants to sell goods to customers at very low costs. Therefore, we e-commerce people often say that it is not e-commerce that destroys physical stores, but high housing prices and high store rents."

When Luo Xiu said this, he couldn't help but swallow his saliva secretly.

I hope that my future father-in-law who works in real estate has not seen this speech.

"At present, we can see that e-commerce platforms such as Taobao and JD have indeed made countless merchants make money and also benefited ordinary consumers."

"Old Ma often says he wants to serve thousands of small and medium-sized enterprises, and to a certain extent, he did it."

"We Pinru Media also hope to serve you and help you make money like Taobao and JD."

"We only started to earn the service fee we deserve after you made money. The reason we were able to make money is because you were satisfied with my service."

When Luo Xiu said this, there was a burst of applause from the audience.

But the person who asked just now raised his hand again.

This time Luo Xiu signaled the staff to give him a microphone.

The man got the microphone and asked, "Mr. Luo, I would like to ask, will those e-commerce platforms become the current real estate industry in the future become bigger? Will they not be satisfied with only earning his current service fee?"

His question is about e-commerce platforms, but everyone knows that what he wants to ask is Luo Xiu. What he wants to ask is whether he is satisfied with only earning service fees after the Douhu platform becomes bigger and monopolizing the industry, after the industry is monopolized, rather than vampires crawling on merchants.

"No one can assert whether these e-commerce platforms will become vampires in the future and whether they will become the next real estate."

When Luo Xiu finished saying this, he smiled bitterly.

He is the one who came back from the future. He really knew what e-commerce was like at that time, but he couldn't say it.

"What I can be sure of is that if the e-commerce platform becomes real estate and the money earned by merchants becomes rent payment, then there will definitely be a new thing that will overturn or gradually replace the existing e-commerce platform."

"The same is true for us fighting tigers. Everyone doesn't have to worry about our deterioration in the future. If we deteriorate, then we are not far from death."

"This is an inevitable law of history!"

After Luo Xiu said this, he remembered what Lao Ma once said: God is not afraid of the earth, but the CFO is afraid of being CEO.

The CFO is the chief financial officer, and the CEO is the chief executive.

Lao Ma finally slapped himself in the face and handed over the position to Lao Zhang, who was in charge of finance.

After Lao Zhang came to power, Alibaba's revenue growth was not as expected, but its profit margin rose sharply.

In the 2020 Fortune World Top 500 Profit Margin Ranking, TSMC ranked first with a net profit margin of 33%, while Alibaba ranked fifth with 29%.

Everyone can understand TSMC's profit margin, and the whole world lacks chips. However, Alibaba's profit margin is a bit surprising.

In the eyes of ordinary people, does a sharp rise in company profit margins mean that the company becomes stronger? Does it mean that successors do better than their ex?

In addition, some people say that slowing revenue growth and rising profit margins often indicate that companies begin to lose money and start to reap their capital.

Therefore, many companies would rather keep losing money than keep their revenue rising rapidly.

[God is not afraid, the earth is not afraid, just fear that the CFO is the CEO.]

Luo Xiu understood Lao Ma’s words like this: people from financial backgrounds are often more concerned about the company’s financial statements and the company’s profits.

When finance becomes the top leader of a company, it often forgets the company's foundation because it cares too much about financial statements and profit growth.

Forget the purpose of the company itself is to serve the interests of small and medium-sized enterprises.

Any company can only earn the income it deserves. If it exceeds this income, it is the beginning of its decline.

Luo Xiu just kept these words in his heart and did not say them out. His current identity is not qualified to evaluate a company that will occupy half of the domestic Internet in the future.

He just applied the laws of historical development.

As for whether it is really as he said, he doesn't know, after all, he has not seen the result before he is reborn, nor has he seen the new dragon-slaying boy.

As for the rapid growth in revenue, Pinxixi, who surpassed JD.com and caught up with Alibaba, is far from the Dragon Slayer Boy.

...
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