Chapter 191 A Risky Investment That Will Make It Right 5 (1/2)
1 million cameras sold, Matthew never thought about that number of sales for cameras of that magnitude and with that high-profit margin, Matthew would be happy if he sold 80,000 cameras in total.
So Matthew could have 24 million profit to invest more in the company, and Matthew had only close to 40 stores selling their cameras across the country, that is to say, that these 40 stores sold 100 cameras on average each.
So if Matthew could have 3000 stores around the world selling his cameras only in the country and Europe with more propaganda they could sell 300,000 cameras in a week at least, so selling 1 million was not just a dream but a reality.
Not to mention that if they sold so many cameras so their profit margin will increase and the cost per camera will drop a lot, so they will only have to gain by investing in this goal, they can get to earn 400 million in profit from all this and increase a lot the production capacity and also the points of sale for the future.
So Matthew can understand why Jake said that this camera could finance the future of the entire company after all this camera will pay for all the investments for the future and still give a lot of profit for the company.
Matthew could never imagine earning more than his company's profit worth in a product only, his company's market value will ultimately exceed 4 billion in value, so the 5 percent of Jake could be worth 200 million in just 1 year.
So Matthew said it was worth giving these shares to Jake after Jake left. Matthew did not hesitate and asked for the first time in more than 10 years a loan for his company putting part of his shares as collateral and began to invest in the future that he wanted.
Jake had no idea that Matthew was going to be that decisive, but it was certainly best for the company, Jake was well aware that the brand of a company sometimes had to be worth more than the profit the company made.
Now Matthew had to invest in increasing the brand value of the company, this could help even in the future negotiation to put their cameras in the handsets of the biggest companies in the future.
After a few days Oliver handed over the document stating that Jake had 5 percent of the shares of Matthew's camera company, Jake was wondering what he could do with it.
After all, now he would have more money to invest if he needed to, but it would be too stupid to borrow a loan from Jake's actions because all his actions always valued a lot in a short time.
So Jake thought it better to expect another investment opportunity with Amazon to invest in the future, not to mention that Jake would earn a dividend fortune by the end of next year with the profits from the sales of that digital camera.
After seeing that Matthew's company was going again on the right path, Jake was only concerned about doing his training, he felt that he was increasing a lot of rambling his skills in basketball after he rose to the level of a college player.
Jake knew it would be difficult, but he did not think it would be so much, fortunately by the end of his high school senior year he still had time to improve his skills a bit, after all, he wanted to get well into college not to be put in the staff when you arrive.
But Jake knew that now the only way to improve his skills beyond constant training was to actually play with players better than him and thus further develop his potential.
But there was hardly anyone like that in high school, this was his last year and Jake was thinking about doing something special, so he thought about being selfish at least for a game and trying to do something special that would mark his career.
As another record, the only record he could get when he wanted now was just one of the most points made in a basketball game, the problem was that Jake did not know exactly what that record was.
So he thought he could only make as many points as he could and of course break that record, so he would again make his mark on youth basketball history.
But he could not forget to try the record with another Triple-Double as well, it would be difficult, but it would give Jake a boost in the next game, so he talked about it with the coach and his teammates.
Everyone was shocked at Jake's thinking, normally no one would ask that to the team before the game and it would just happen naturally, but so they understood that Jake was saying he could do this in any game and was holding on for the team's sake.
So everyone naturally backed Jake's decision and said they would try to help as best they could, this was a game that the team did not even have to care much about the defense because Jake should make more than 60 points on his own if he wanted to break a record.