He is Already a Tycoon at a Young Age! - Chapter 107



Only Noblemtl

#107

August 1, 1997, outside Silicon Valley, California.

The groundbreaking ceremony for the Thunderbolt electric vehicle factory was held.

Along with that, the groundbreaking ceremony for the first Thunderbolt Center in the U.S. is underway right in front of the Thunderbolt electric vehicle production plant. The star of today’s event is Jack Premium, CEO of Thunderbolt Electric Vehicle, and I am attending as the largest shareholder.

‘The governor of California also attended.’

He smiled with a politician’s smile. And so the Thunderbolt electric car factory broke ground with a goal of producing one million units per year.

“At the direction of the CEO, we announced that the Thunderbolt electric vehicle factory will produce 1 million units per year, but to produce 1 million units per year, we need to produce 90,000 units per month.”

Jack Premium President told me.

“If you look at the factory blueprint, it can produce 95,000 units per month.”

“It’s just a plan. It’s not easy.”

“It’s not easy to get started. The Thunderbolt Electric Vehicle Company’s first electric vehicle is the Thunderbolt, and the Thunderbolt has the most futuristic design and scientific digital performance.”

Since I decided to establish an electric car company, I have focused on the design and development of the electric car Thunderbolt and succeeded in producing the most sophisticated car design. And I have also succeeded in replacing all the parts in the internal combustion engine car with electric car parts.

‘Now production and advertising and sales.’

California’s Silicon Valley is home to a group of people who think they are more enlightened and enterprising than the average person, and those people are in the IT industry.

“That’s true.”

“We are currently preparing to make the impossible possible. And it is the role of President Jack Premium to complete it. Emphasize the seriousness of global warming so that electric vehicles can receive as much attention as possible in the future.”

“Yes, sir.”

“I think it would be great to collaborate with one of the most famous companies in the United States.”

“yes?”

“The Arctic is the place most seriously affected by global warming, and polar bears live in the Arctic. If the Arctic ice melts, the polar bears’ habitat will disappear.”

“In theory, yes.”

“It’s important to get attention, how about an ad showing a polar bear drinking Coke in the Arctic? If polar bears are going to continue drinking Coke from the Arctic ice sheet, Americans who are aware of global warming and the environmental movement should be driving electric cars like those produced and sold by Thunderbolt.”

“It might be exciting, but I doubt Coca-Cola would agree to collaborate.”

“So you have to write a good proposal. The North Pole, glaciers, polar bears and cola, and during the Christmas season, polar bears wearing Santa hats and drinking cola. Emphasize that. And Thunderbolt should also focus on the advertisement that says we have to protect the glaciers in the North Pole.”

It will take about a year to complete the factory, and in the meantime, the Thunderbolt car cannot be left out of the minds of American consumers.

“Yes, I understand.”

“Sir, the Thunderbolt electric vehicle production plant is important, but as I said before, the Thunderbolt Center is also very important. You understand.”

“Yes, we will establish them throughout the United States.”

“There should be at least ten thousand Thunderbolt Centers.”

“Sir, if we install ten thousand Thunderbolt Centers, that in itself is oversupply.”

“You can think of it as a real estate investment. In major cities across the U.S., we can install Thunderbolt centers, and in rural areas, we can install Thunderbolt electric vehicle charging stations and small marts.”

Jack Premium CEO nods his head at my words.

“Yes, I understand.”

“The fate of Thunderbolt now rests with President Jack Premium. I must now leave for another country to pursue a new venture, Mr. Secretary.”

“Yes, Chairman, I have sent the new product to the Taean Farm President and the Taean Seed President who have arrived in Saudi Arabia.”

“You’d be surprised to see that.”

“Yes, the CEO secretly told me to try it out, and my wife was very satisfied with it.”

“That’s right. It’s optional in South Korea, but it will be a must-have in Middle Eastern countries like Saudi Arabia.”

“I think so too. And I’m leaving for Saudi Arabia in three days.”

“Hahaha, I’m really going there.”

Anyway, the electric car company Thunderbolt is just getting started. And I plan to go to Saudi Arabia to prepare for a new future.

* * *

Taean Electronics New Product Development Lab.

“I am Jang Seong-su, who has been appointed as the head of the 7th division of the New Product Development Division. I majored in computer engineering at Seoul National University and received my doctorate from MIT.”

Taean Electronics continues to expand its new product development division and has already established Development Division 7.

“I will start developing a dedicated device that can read e-books perfectly and comfortably under the direction of the president of Taean Electronics. Along with that, the dedicated device will replace the regular laptop.”

“Are you developing an electronic device that can replace a laptop?”

“Yes, I was instructed to do so. So I will start developing it. And I will convey to my team what the major shareholder of Taean Electronics told me. If we make it, it is culture. I will develop a new type of electronic product called a tablet.”

Taean Electronics has finally started developing tablets. And once the tablets are developed, Taean Group plans to open an e-commerce site in the United States and start an e-library service where you can read e-books, which overlaps with the business that Amazon.com is running. In short, Jiseong has decided to make the future of Amazon.com his own.

‘Young but great.’

Jang Seong-su thought back to the intellectuals he had met.

[Culture makes money.]

[Do you think so?]

[Yes, it would be more profitable to export a TV to the US than to export a car to the US. So I’m thinking of opening a site where I can convert paper books into e-books and read the e-books at a low price.]

[So then I have to develop a dedicated device that can read those e-books comfortably.]

[Yes, that’s it.]

‘E-books won’t be the end.’

Director Jang Seong-su recalled what Ji-seong had said to him.

‘Culture makes money.’

In the end, the electronic online library selling e-books was just the beginning of a business where culture became money.

* * *

The Office of the President of the Republic of Korea, Blue House.

“They selected Samjung Defense and Taean Industrial as developers of the Korean tank?”

“Yes, Mr. President.”

“Why did you choose two companies instead of just one?”

The president asked.

The Minister of Defense stood before the President.

“As Your Excellency the President knows, they are no different from the same group, and Taean Industrial will be responsible for securing technology, while Samjung Defense will be in charge of production. Samjung Defense has already received 95% of the latest tank development technology from Russia.”

“95%?”

“Yes, that’s right.”

“Chief Economic Secretary, is there a problem with this part?”

The president asked his economic chief.

“It is a next-generation Korean tank, but if the tank technology is Russian, there could be problems and parts may have to be imported.”

“What does the Minister of Defense think about the Chief of Economic Affairs’ remarks?”

“They say that they will complete 100% domestic production of tank parts before the prototype is released.”

“Is 100% possible?”

Although he is a president who knows nothing about the economy, he knows how difficult it is to achieve 100% domestic production.

“They say it is possible. They say they will achieve 100% domestic production of tank parts and at the same time foster South Korea as a defense industry powerhouse. They also plan to start developing self-propelled artillery and armored vehicles.”

“If we achieve 100% domestic production of tank parts, what will be the unit price?”

“Less than 5 billion.”

“5 billion?”

“Yes, that’s right. It’s a quarter the price of an American tank.”

“What about performance?”

“The goal is to achieve 90% of the performance of the tanks deployed by the United States. If the president of Samjung Defense is right, if we can mass-produce the Black Panther tank, we will be able to overwhelm North Korea and open the door to tank exports.”

“Okay, that’s a good thing. Hahaha!”

The president laughed.

This is finally the moment when the defense industry led by Ji-sung begins in earnest.

* * *

August 2, 1997, Taean Jongmyo branch in Saudi Arabia.

“Taean Electronics secretly developed these household products.”

The president of Taean Seed and the president of Taean Farm could not hide their surprised expressions when they saw the products sent by Taean Electronics.

“I was surprised too.”

“If we are to distribute this product on a large scale in Saudi Arabia and the Middle East, securing seedlings will be the most urgent task. To be precise, seedling production.”

“Yes, it seems so. From what I’ve seen, it looks like the CEO sent me in advance to prepare for the establishment of a production plant in Saudi Arabia.”

“Yes, sir. You are truly amazing. You are planning a business to sell vegetable seedlings in Saudi Arabia. Hahaha!”

The product sent to them is a home hydroponic vegetable growing system.

The design is so clean that it could look like decoration if placed in a normal living room.

“There is something bigger and more wonderful than this.”

The Taean Seed Farm president said.

The Taean farm manager’s eyes also changed to one of anticipation.

“You mean the smart plant factory?”

“Yes, the smart plant factory container has arrived.”

“It’s finally starting.”

* * *

August 15, 1997, the prince’s residence in the capital of Saudi Arabia.

I am now meeting with the old prince who is set to become the next King of Saudi Arabia. And sitting next to him is a little boy named Bin Salman, who looks like a mischievous boy who will do nothing but mischief.

“You know how to revolutionize agriculture in Saudi Arabia?”

“Yes, that’s right. Saudi Arabia is currently wasting its most abundant resources and its most scarce resources. If these two resources are saved, Saudi Arabia will be rich and the prince will be honored.”

“Two resources?”

“Yes, that’s right. I’ve been informed that Saudi Arabia uses crude oil as energy for power generation and to secure water resources for sea desalination plants. I think it’s a waste.”

The old prince chuckled at my words.

“Yes, it is a waste, but it is also the most abundant resource. But you are seriously wasting the scarce resources?”

“Yes, isn’t water the most scarce resource in Saudi Arabia, or in the Middle East? The current form of agriculture being pursued by Saudi Arabia is one that wastes too much of the scarce water resources.”

“Although Saudi Arabia appears to be short on water, it actually has abundant groundwater.”

“Groundwater is abundant, but if we continue to extract it, it will be depleted. The same goes for crude oil. So I think we need to find a way to conserve it.”

“What is that?”

Up until now, I’ve said things that anyone can say.

“First, Saudi Arabia’s agricultural system must be reformed.”

“Is that easy?”

It’s a tone that shows that you don’t trust me.

“Is there a way?”

And yet you ask me what you expect from me.

“First, I would like to propose a revolutionary way to reduce groundwater use and electricity use.”