Chapter 190 A Risky Investment That Will Make It Right 4 (1/2)
So Jake decided to go to Matthew's company to give this county to him, after all, he had already gotten so involved in Matthew's business on the market that it did not make sense anymore to be shy now.
As soon as Jake entered the company was well received by employees who were all very polite to Jake after the company began to sell well digital cameras Matthew made an alarmist speech to the company.
He told everyone that the company was actually close to bankrupt the way it was, even though everyone was very quiet and did not think about innovating in the last few years, even Matthew, who was always an animated man, began to lose his will and that was why thinking about closing the company.
So when Jake told him that the company needed a change and could even develop more in the market, even if it did not risk the company to fail Matthew would have decided to create the digital cameras.
And many company employees were against this change that could save their jobs, were it not for Matthew to have the absolute majority of the company's stock could happen the company could not make that change.
So the employees were very grateful to Jake who saved the company they worked for. Jake did not know any of this and thought everyone was just being polite and thanked him as he went to Matthew's office.
”Hi Jake, I did not think you'd come here today, I was thinking of calling you only at the end of the month when I got out the first month's sales report.”
”I wanted to talk to you about something, how's the sales?”
”We sold 4,000 cameras in just over a week, I expect 15,000 sales by the end of that month.”
It was worse than Jake thought less than half of the sales that he considered good, but Jake understood the animation of Matthew, after all even after selling all the machines that would not be used more to make the digital cameras he still had to invest another 4 million just to be able to make the cameras.
In addition to more than 12 million spent on technology and product development, even if most of these 12 million went to develop the technologies of digital cameras in the cell phone and computer was still a lot of money invested.
Yet if it was only to count on the profits Matthew's company could recover more than 4 million dollars in only 1 month of sales, it was impossible that he would not be happy.
But Jake hoped that Matthew would not be blinded by this apparent good result and keep looking to sell more of these cameras, after all, it would not be that they would always be the market leaders with that little thought.
”Jake I said I'd call you here at the end of the month, but since you're here now I'll tell you what I had for the end of the month now when you gave me that idea to save my company you said you wanted it I hired your company.”
”I know this was just to bring more credibility to what you were talking about, but I said that if everything went right I would give you a reward, and it seems like everything has gone much more than right, so I'm going to give you your reward now.”
”Jake, I'm going to give you 5 percent of the company's stock of digital cameras for you, that's the least I think you deserve, but I can not give you too much either, so I hope it can pay off at least a little What you did for my family.”
Jake was shocked at this, 5 percent of the company, even if Matthew had 80 percent of the company, that was a lot to give to someone, especially because Jake did not come up with any investment and gave just one idea so that the company Matthew did not fail.
”I can not accept this Matthew, it's a lot of money, it's more than money is a piece of your family's assets, I can not accept that.”
”I know it may seem like a lot, but if you think about it, it's not that much, after all, if it were not for you, that company would have failed, even if we were quick and we would sell that company before it faltered we would lose a lot more than those 5 percent on that sale.”
”And even if that company can be worth 10 billion or more in the future it will all be thanks to your advice, then those 5 percent is little even for what you did to my company.”
”But I think stocks are a lot, after all, you'll be giving me a share of the voting right of that company, so if you insist you can give me that 5 percent cash and you get the shares.”
”I'm going to tell Jake, I'm very worried about the future of this company, after a few years who will replace me here is Joseph, even though I know you will try to help him too, with those 5 percent you will be our family from now on.”
”And even if he does not want to hear those 5 percent you have can save that company, so please accept Jake.”
So Jake got lost in what to do, he knew that Matthew was being sincere in giving these actions and his motive is also very well thought it seemed so Jake did not want to deny after seeing Matthew asking him to accept.