Chapter 201: 201
"Haha . That's true . I don't have to worry about sales, right?"
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"Of course not . You just focus on writing and editing . Your salary will be determined by President Jeong-Sook Shin . I determine her salary, but she will handle the salaries of the other workers in that company . Enjoy working with her . "
Manager Kang from GH Development called Gun-Ho to let him know that he had completed any legal and administrative process to form GH Media . Therefore, GH Media officially had been established .
"Good work, Min-Hyeok . "
"I completed registering the company with the tax office as well . "
"What about President Jeong-Sook Shin's new desk?"
"A new desk and a chair for her arrived already . I also bought a table for a guest . "
"That's good . There is one more thing I need you to take care of . Please prepare one vacant room in our OneRoomTel . The chief editor will stay there . "
"Which OneRoomTel would be good for him?"
"Since the office is located close to the Gangnam Station, let's place him in the OneRoomTel in Yeoksam Town . They have a vacant room, right?"
"Yes, they do . It's not a busy season for a OneRoomTel business right now, so we do have vacant rooms there . "
"Don't take rent from him though, at least until the publishing company becomes financially stable . "
"Yes, sir . "
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Gun-Ho then made a phone call to President Jeong-Sook Shin .
"It seems that everything is ready . The company has formally been established and the relevant paperwork is all done . The office is ready and the workers are there already . You just need to go to the office to join them . When do you plan to start?"
"Thank you, President Goo . I will start working on Monday . "
"Sounds good . Then on Monday, why don't you come to my real estate development office first? It's near Gangnam Station . I will introduce you to the workers . "
"I am a bit nervous about all these since it is a start-up company . I don't want to disappoint you, President Goo . I've selected five books based on the list provided by an agency that introduces foreign books . With the book—Economy Trend in China for the 21st Century which you want to publish, we will have six books we want to publish . "
"Haha . I totally trust you in that area . "
"Oh, since I have you on the phone, I want to ask you to confirm one thing . "
"What is it?"
"It's about my salary . "
"Until the publishing company starts generating enough revenue to be self-sufficient, what about I pay you 5 million won per month?"
"5 million won? Okay, sounds good for now . I, instead, want you to renegotiate my salary with me twice per year . "
"Okay, I can do that . We will have to take the financial status of the company into account anyway in determining your salary . "
"What about the salaries of other workers in the company including the chief editor?"
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"Well, you will have to decide on that . You are the best person who would be able to evaluate each worker's qualifications and contribution to the company . So, it should be your call . I will delegate that authority to you . "
"Okay . Thank you, sir . I will then see you on Monday at your office in Gangnam . "
After getting off the phone with President Jeong-Sook Shin, Gun-Ho calculated with his electronic calculator .
"If we don't successfully find any best-selling book within a year, we won't be able to sell even 20 books and I will lose my entire investment fund of 300 million won for this publishing company . A publishing business seems to be highly risky . It is easy to get into the field, but it is extremely hard to succeed . Well, I will have to rely on President Jeong-Sook Shin's competence . It's up to her now . "
Gun-Ho received a call from Attorney Young-Jin Kim .
"I was told that the business plan is almost done . They are currently modifying the estimated demand in the China market . "
"Really?"
"They are working on the estimated demand of the eastern coastal area of China . "
"Can they make that sort of estimation by visiting China for just a few days?"
"Moore Investment has a highly extensive information network . They already grasped the current market of China's eastern coast area, especially on the auto parts and home appliances field . The area includes Hebei, Shandong, Jiangsu, and Zhejiang . They are also getting help from a local institution . They have ties to the research team of the social science academy there . "
"Hmm, I see . "
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"They also grasped the present status of the competitors' products . The U . S . is highly competitive in the chemical field, but they wanted to see if other countries such as Germany, France, and the UK are trying to expand their market to China . "
"There seems to be a lot more work than I thought . "
"You have to be thorough on this matter . You have to keep in mind that you are trying to start a joint venture with a global manufacturing company— Lymondell Dyeon . "
"Do you think they can finish the business plan by the end of this week?"
"That's not possible . After they are done with figuring out the market status, they will start working on the estimation of projected profit . They will also translate everything into English . Let's give them ten more days; they will bring a beautiful business plan for you then . Once they complete the business plan, you will have to decide if you want to use that business plan to submit it to Lymondell Dyeon . They will bring the Korean version of the business plan for you as well . "
"I hope I can take a look at it as soon as possible . "
On Monday, Gun-Ho headed to his office of GH Development in Gangnam, Seoul . He was having a cup of morning coffee at his desk when President Jeong-Sook Shin came into the office .
"I didn't know you have another office here . GH Development is a real estate development company?"
"Yes, it is . "
Ms . Ji-Young Jeong brought a green tea for President Jeong-Sook Shin and placed it on the table .
"Thank you . "
President Jeong-Sook Shin looked at Ji-Young's face .
"Is she the person who does design work?"
"Haha . No . She is GH Development's employee . She is handling accounting here . "
"Oh, really? I'm sorry . "
Gun-Ho introduced Manager Seong-Il Kang to President Jeong-Sook Shin .
"Oh, he is Manager Kang . I spoke with him on the phone several times for paperwork . Hi, I finally meet you in person . "
Jeong-Sook extended her hands to Manager Kang for a handshake . Manager Kang seemed to be shy .
"Your office will be our office's next door . So if you need any help, just let us know; we are just a door away . We are all family now— GH Development and GH Media, don't we?"
"Thank you for saying that . I look forward to working with you . "
Gun-Ho and Jeong-Sook were having a conversation when Jae-Sik Moon entered the GH Development office .
"Oh, Chief Editor Moon, how are you?"
President Jeong-Sook Shin stood up when she saw Jae-Sik coming into the office .
"I looked around our office next door before coming here . It's very nice and cozy . "
"Really? Let me take a look . "
Ji-Young came to Gun-Ho and said,
"The design workers are all in the office . They are wondering if they can come to this office now . "
"No, that wouldn't be necessary . We will come to that office now . "