p>Because this will compromise the feel of the packaging materials, the taste and richness of the ingredients. On the contrary, I think it’s a bargain. (Human heart is so delicate)

There is also a huge problem: the franchisee may really not make much money. Your compound interest model can only be established if you leave them reasonable profits.

It’s going to be repeated again: small, repetitive, and lasting profit stacking is huge profit.

9

So far, the underlying logic of compound interest thinking has been constructed.

The base is the perfect category, the two ends are to improve the satisfaction of consumers and franchisees respectively, and the outline is the value of long-termism.

One more thing here: how to explain long-termism?

As a result, the arbitrage space for short-term thinking is rapidly disappearing, forcing you to think long-term.

Secondly, long-term thinking is not the opposite of short-term inaction. It is a business model based on compound interest thinking.

Many people frown when they mention long-termism, thinking that I have to live now, so what can I do if I don’t make money? But the real long-termism is not to make you not make money now, but not to make the last copper plate of the moment, and leave your energy to the broader sky in the future.

So when it comes to long-termism, I don’t think it is a kind of high-mindedness, no desire and no demand, but the fact is that it is a big thing, not a small profit. [Organization construction] [Product R&D] [Brand depth] [Supplier network construction] These are all elements that have been broken down by long-termism.

The rest is an indescribable fate.

10

But many people will think, shit, making money is too slow. I think so and so, who bought a house and a car in just one year.

Because, in the past four decades, a huge factor has interfered with the final profit.

Some industries are too [bull market]. For example: real estate, finance, and the Internet. In 40 years, each of these three industries has had at least three big waves. Lei Jun said that if you step on the vent, pigs can fly to the sky. (Practitioners in these three industries generally have higher salaries than most industries)

Yes. The same is sales, the upper limit of your sales in real estate is much higher than in supermarkets. A few years ago, the annual meeting of real estate companies was still using a cart to find gold. Catch one round, and your personal life is ok.

About 2000, housing prices in a second- and third-tier city and Beijing, Shanghai and Guangzhou are not much different. Everyone knows what happened later.

Today, a top CMO, CFO, and COO in China returned to his hometown in the fourth and fifth tier counties to ensure that he could not find any good projects to do.

These are the two aspects of [People Go Up]Sides. One is that there is a premium at high places. Second, premiums often only exist where liquidity is active. Whether it is the premium of assets, or your personal premium.

Many times, it’s not that we are worth tens of millions, but hundreds of millions. It’s the market you are in.

Then the first-tier cities are superimposed on supermarkets: China. This batch of new money appeared. That’s it.

Because of the huge external interference of the external environment, we have ignored all the previous ones. But today, the external environment has become less powerful.

So everything will return rationally.

Compound interest thinking is the biggest dividend for the future brand.