Chapter 75 Taking Office (Seeking monthly ticket recommendation ticket to read later)
Time quickly came to 1933.

March 1933, 3, is the day when Franklin Roosevelt moved into the White House. Zhang Feng was also invited to Washington to attend his inauguration ceremony.

As a Chinese here, he is still very conspicuous, so he tries to keep a low profile. At the party, he only communicates with people he is familiar with, most of whom are people from the business community in California, such as the Newsom family, an old privileged family from San Francisco, the California consortium, the Morgan family that invested in KFC, and members of Roosevelt's family, etc.

Although Zhang Feng did not deliberately try to make friends with more important people, he got to know quite a few people unknowingly and mixed into the upper class. Now Zhang Feng has initially established a foothold in America.

"I have built a golf course on the outskirts of Los Angeles. It will open in three months. You can come and play when you have time." Zhang Feng walked around the cocktail party to promote his golf course.

He didn't want to use the golf course to earn a high membership fee from them, because Zhang Feng now didn't care about that little money at all. He wanted to integrate into them and get closer to them through this aristocratic sport.

Zhang Feng gave Roosevelt the first supreme VIP card of Phoenix Golf Course, and he also promised to come on the opening day.

Phoenix Golf Course belongs to the American Phoenix Group. Zhang Feng purchased the land and started construction last year. Since he was preparing to enter the sports industry to gain influence, Zhang Feng did some investigation and found that golf in this era was not as common as it is in later generations.

Today in America, golf is still an aristocratic sport, a game that only rich people can afford to play. Many powerful and wealthy people make friends and do business in golf clubs, so Zhang Feng took advantage of the opportunity of Roosevelt's upcoming inauguration to build a golf course.

During this period, Zhang Feng himself, relying on the benefits of time travel, quickly reached the master level. He also conquered the upper class in California with his superb golf skills.

This made him realize that this seemingly insignificant hobby was easier to integrate into their group and had lower costs. Zhang Feng had already planned to rely on the time-travel benefits to become an all-around artist.

As soon as Roosevelt became president, he agreed to support Zhang Feng, not only because Zhang Feng was his financial backer, but more importantly, he was going to use this opportunity to promote his new policies and expand the fiscal deficit, which would inevitably require the support of the wealthy to buy government bonds.

With Roosevelt's support, the bigwigs who came today also got wind of it. Regardless of whether they will support it in the end, they still have to give him the face of attending the opening ceremony.

Zhang Feng also promised that no matter what others do, he will buy at least more than 1 million US dollars of Treasury bonds this time to show his support for Roosevelt's New Deal. In the current economic situation, many people are still cautious.

Therefore, the opening event held by Zhang Feng this time can be said to be a win-win situation for Zhang Feng and Roosevelt.

After everyone expressed that they would definitely go to Los Angeles to attend the opening ceremony of Phoenix Golf Course, Zhang Feng also left Washington with satisfaction.

Inside Paramount's offices in Los Angeles.

"Zhu Ke, the company's current business is relatively simple. I have decided to set up two branches, a broadcasting company and a comics company. You can go and investigate first."

Now is the time for Paramount to expand. With only the film business, it has a weak ability to resist risks. After the television comes out, it will go through a period of decline. When the industry it is in declines, stagnates or lacks attractiveness, it will be difficult to maintain the company's growth by implementing a single business strategy.

"The comic company uses the Amazing Spider-Man as a template for its creative concept to create more superheroes to save the world. The first step is to change The Amazing Spider-Man into a comic to test the waters." Zhang Feng first pointed out the comic company's creative purpose to prevent it from deviating from its own route.

It's a pity that Stan Lee is only 9 years old now, and he is the cousin of the wife of the founder of Marvel. However, Marvel was not founded until 1939. Let's see if he can get the upper hand by then.

"The broadcasting company will play all kinds of news, music, horror stories, jokes (similar to talk shows), bedtime stories, etc., and make adjustments based on the audience's feedback after the broadcast. Our main focus is entertainment, so we won't get involved in other things for the time being."

Zhang Feng then went on to talk about his plans for the broadcasting company.

"Okay, boss, I'll arrange someone to do it right away." Zhu Ke replied.

The three largest commercial broadcasting companies in the United States are NBC, CBS and ABC. Both NBC and CBS have been established, but only NBC is currently in operation.

After Zhu Ke left, Zhang Feng thought about his current career. After this round of expansion, although he had developed a lot of businesses, they were actually not very profitable in the short term.

There are also a lot of money-losing businesses, such as sports clubs, which are still cultivating talents; Lockheed has not sold a single product, but the first mass-produced aircraft is about to be produced; and Liushen Company, which currently has only Durex as a profitable product, and adhesive sanitary napkins are still under development, and a series of other daily consumer products are also being built.

The only company that can make money at the moment is the early Shennong Biopharmaceutical Company, which has achieved annual sales of US$5 million, but its profit margin has dropped a lot to less than 70%.

Another one is KFC. Zhang Feng slowly repurchased more than 20% of the shares and distributed them among different subsidiaries. His shareholding reached 55%. KFC's annual profit is about 5000 million US dollars. Zhang Feng can get half of it, but it is definitely impossible for him to get the full dividend every year.

Paramount Pictures has just made back Zhang Feng’s investment, and now the profit Zhang Feng can get every year is less than 1000 million US dollars. This is mainly because the bigwigs from Wall Street have all joined in, and the competition is fierce.

The most important thing is that Zhang Feng also accepted their investment in each movie and had to share a lot of the profits. Zhang Feng did not dare to falsify the accounts to cheat them like other film companies did.

After all, he is not white and he will have to stay here in the future. It is unwise to offend these big guys for such a small amount of money. Moreover, Zhang Feng is also thinking of letting Maple Leaf Investment enter Wall Street in the future. The future America will be the world of finance. As long as he can get a small piece of the pie, all the losses will be made up.

Finally, Langsha Stockings Company can also distribute dividends of more than 1000 million US dollars every year.

With the arrival of German Scientology, Madagascar needed more and more funds, which was simply a bottomless pit. Although it was the Great Depression, the monthly expenses for purchasing various equipment and metal raw materials were not small. Fortunately, many equipment were provided by Germany at cost price.

When he was short of money, Zhang Feng started thinking about projects that could make money quickly, and finally remembered penicillin, the killer weapon. So he asked Shennong Biopharma Company to set up a project research and development team, and according to his suggestions, began to research the next product that could bring huge profits.

(End of this chapter)