Chapter 184 – Going to the Olympics.

The Olympics are only 3 months away.

Obviously, there was a high possibility that Kim Hyun-sam would invite me to the celebration of the victory in the general election.
However, thinking that it was not yet time for me to step out, I decided to move after the Olympics.

If the current trend continues, Kim Hyun-sam will definitely become the president.
I have already burdened Kim Hyun-sam by saving his life, helping him win this general election, and solidifying his precarious position in the Hanja Party.

It was clear that Kim Hyeon-sam would try to help me to repay the favor.
However, since I was drawing a bigger picture in the future, I was thinking of carrying a bigger burden by making Kim Hyun-sam the president in the next presidential election.

To do that, I had to win a gold medal at the Olympics.
If possible, I was thinking of becoming a medalist, attracting people’s attention, and then supporting Kim Hyun-sam.
In addition, he intended to help by pushing political funds and actively jumping into the election campaign.
That’s why I shouldn’t come to the fore just because I met Kim Hyun-sam.

A few days after the general election, I got a call from Kwang-shik.
As expected, President Kim Hyeon-sam called me.

I politely asked Kwang-shik to tell him that I wanted to focus on the Olympics, and declined the seat.
And I explained in detail to Kwang-sik my plan to help Kim Hyun-sam during the presidential election.
Kwang-sik hyung also said that he fully understood and said he would understand.

At the same time, Kwang-sik hyung explained how to move for Kim Hyeon-sam.
Kwang-shik listened to my story more seriously than ever before, wondering if he finally realized that Kim Hyun-sam could become president.

We talked about Kim Hyeon-sam for a while, then changed the subject and I asked about the Wangsimni tenement sale.

The Wangsimni coalition started construction in February and is now nearing completion.
And the sale started in early March, and all 60 units have already been sold, as if the advertisement had worked.

Kwang-sik hyung said that moving in would begin in mid-April.
Currently, the down payment for the sale was received, and the remaining interim payment and balance were to be paid at the time the move-in was completed.

I felt better when I heard the money coming in, so I told Kwang-sik hyung that I had a good job, and asked about the rest of Mapo and Gangdong’s situation.

In Mapo and Gangdong, work has already started on two buildings, all existing residents have moved out, and demolition and grounding work has begun.
And in Wangsimni, he said that he started talking about relocation with the existing residents on the land where another 2-dong townhouse will be located.

Even one-tenth of the land purchased in advance last year has not yet been completed, and the sale of the first alliance in Wangsimni has been a great success, so Mirae Construction decided to accelerate the construction of the alliance in the future.

However, since the scale of Mirae Construction was small, it was difficult to build a coalition on a large scale at once.
In addition, as the Kim Hee-kyung Food franchise was growing rapidly, a lot of manpower was invested in the interior, so the building of the townhouse was relatively slow.

I asked how they were looking into taking over the other construction company I talked about last time, and they told me not to worry that the kids under them had already started working on it.
I was thinking that I would like Kwang-sik to move faster, but I thought I would understand and waited because I was afraid that I would be offended if I showed myself swearing.

To switch the subject, I asked how my father was doing these days.
My father said that he had stopped paying attention to the interior of ‘Kim Hee-kyung Food’ and was only focusing on the construction and sale of the row house.
He seems to be working quite eagerly, and recently, he said that he would like to borrow money from the bank to purchase more land, and that his father himself would try to move.

I just asked Kwang-sik what he thought about his father’s bank funds.
Gwangsik also replied that after seeing the successful sale of Wangsimni this time, it would be good to purchase more land, and that it would be a good idea to bring in funds from the bank.

But I had a slightly different idea.
Bank funds could be raised at any time by collateralizing the lands of the three districts that it currently possesses.

However, it was burdensome to take on debt in a situation where the company’s capabilities were not enough to properly build an alliance.
So, I asked if there were enough manpower and equipment for the interior construction and the row building construction.

Kwang-sik hyung said that building six townships is enough, but if Kim Hee-kyung Food suddenly increases the number of franchises or builds more townships, he can’t handle it.
It was just as I expected that it would be difficult.
Isn’t that why you thought of acquiring another construction company?

“Older brother. Buying more land is also a good idea. However, now that our construction capacity is showing limits, I wonder if it is necessary to purchase land while going through bank debt. As I said before, it would be better to acquire the construction company as soon as possible.”

After thinking about my words for a while, Kwang-sik said that it would be better to do so, and decided to hold off on raising funds from the bank.

“Older brother. Please send my father to take over the construction company. You seem to be working hard, but I have to entrust you with big things. And if he takes over the construction company, I think you can send him over as general manager.”

“Okay. I get it. Since Seongjin is your father, it was a little burdensome to have him under me to be honest, but it’s a good idea. I will make a move so that I can take over the construction company as soon as possible, and send his father there.”

When Kwang-shik gave a cool answer, I immediately changed the subject.
And I asked how it went about establishing a mutual credit union with the loan sharks I mentioned last time.

Kwang-shik said that he had already finished talking with the loan sharks, but there were some problems.

The moneylenders were younger brothers that Kwang-sik had known since the days of the Chun-shik group, and he had gathered about 6 of them.
It was possible to gather more loan sharks, but only six people gathered because they were talking only to people who could mobilize more than 1 billion in cash.
However, the problem was that these people said that they would serve as the chairman of the board if they set up a mutual credit union, so they are only paying attention to each other.

And another problem was that mutual credit banks were too crowded at the moment, so the government did not give them permission.

I told Gwangsik hyung.

“Older brother. My older brother is the chairman. Why are you giving the position to someone else? And as for the permission, the Hanja Party won the general election this time, so ask the president insinuatingly.”

“You want me to be the chairman? How can I, the president of a construction company, become the chairman because of the Financial Industry Separation Act?”

“True older brother is worried too. Just hand over all your stock to me. And step down as president. I will push 5 billion as I bring stocks. Then your brother is not the president, and since he has much more money than the loan sharks, he can of course be the chairman. And do you really need to set up a new mutual credit bank? You can collect the money from the loan sharks, sit them as directors, and take over an easy mutual credit union. As I said before, can’t you ask the president for the necessary legal and procedural parts?”

“Oh my. Take over a mutual credit union? I heard that the government is merging mutual credit unions these days, but then I can take over one at this time and collect government subsidies to combine a few.”

“Oh~ My older brother became the boss, and now the calculations are going back quickly. Yes. You’re right. Then, my older brother can push a lot of funds to future construction at low interest rates. Then, there is no need to do the thing about buying the land by pulling funds from the bank that I talked about earlier.”

“Oh~ good. Good. After all, our Sungjin is smart. I need to meet some of the loan sharks today.”

“Brother, those loan sharks are people you can control with certainty, right? There will be no need to be greedy later and try to eat a mutual credit bank, right?”

“Help. Don’t worry about that. Who am I? It is Jang Gwang-sik. If you dare to fool around in front of me, you should go see the underwater world right away.”

“Kuk-kuk. Good luck then. Great. Now that the word is out, hyung-nim, move as fast as you can, right? I will drag 5 billion from the future health side. If my brother collects the money from the loan sharks and organizes the board of directors, I will put the money in right away. Before that, please talk to the governor and do some work on the mutual credit bank to take over. Ah! No. I will send a lawyer tomorrow, so go find a mutual credit bank together with the lawyer and start working on it.”

“Hehe. I get it. I’m excited about this. I’m the chairman of mutual credit union…”

Kwang-sik hyung seemed to be in a good mood, and he seemed to be able to feel it through the phone.

“Older brother. You can’t be satisfied with that. If you become president next year, your older brother should be the president of the Mutual Credit Finance Association. That’s why you should be able to shake the entire mutual credit bank at your brother’s feet. That way I can complete the big picture I draw. Let it go. Later on, you will surely become the person who holds and shakes the money line of our country.”

“Uh haha. I get it. Okay. Just thinking about it makes me excited. Seongjin-ah, you are also great. I wish you well in the future.”

I followed Kwang-shik and laughed excitedly, told him in more detail what to do in the future, and finally hung up after asking him to pay more attention to the interior of the franchise.

As the ‘Kim Hee-Kyung Food’ franchise, which began to flow in from the end of January, began to operate at the end of March, there were 15 places nationwide and 28 places where interior construction was underway.
There were 22 places where interior work was decided to begin in April.

Even now, the office is extremely busy with calls for franchise inquiries, product orders, and field inquiries.

In the absence of Aunt Jeong-hee, Aunt Hyo-seon said that she didn’t even have time to enter my room, and she had to move around busily.
The number of employees continued to increase, and I was helping, but Aunt Hyo-seon was struggling and was about to die.

The number of employees in the office has already reached 25 people.
Kim Hee-kyung Tteok Skewers had 10 people, Kim Hee-kyung Chicken had 12 people, and the general affairs team had 3 people.

Since our franchise head office is so busy, of course Mirae Construction was also busy.
It was because they were busy creating design drawings for interior orders, placing orders with local companies, and looking around the site.

Heekyung Distribution is also busy, so Hyejeong Auntie said that she was going to die of hardships every day.
The existing volume of the franchise was also not easy, but now, the newly opened stores had to match all the basic items.

In addition, as BioHealth went into production again, orders for red snow crab and shrimp increased again, and as wet wipes were newly released in Good World, even ten of them were not enough to promote and distribute them.

Mirae Health’s chitosan sales were in short supply, so thanks to the adjustment of the quantity, there was no discontinuation of sales.

There were internal problems with litigation and product procurement, but there was no problem with sales because it was not known externally.
Therefore, chitosan was sold steadily, and sales were gradually increasing.

It set a goal of 40 billion won in sales this year, but already achieved more than 10 billion won in the first quarter alone.
It was clear that this year’s sales target would be exceeded if it continued in this state.

The appeal against Mirae Health and Biohealth naturally ended with our victory.
The result was to confirm only the decision of the first trial.
Of course, Kwang-sik hyung used his hand behind the scenes, but it was absolutely impossible for the trial to be overturned.

Eventually, after losing the trial and being called to the police station, the CEO of BioHealth raised a white flag to us.
An agreement was reached to protect the property of the CEO of BioHealth without receiving 10 billion won in penalty and compensation for damages caused by BioHealth’s unilateral suspension of product supply.
In addition, Mirae Health was able to take over the company by accepting the claim for damages filed by Joongae Pharmaceutical.

The above information was notarized through a lawyer, and I took care of it perfectly so that I would not say anything else in the future.

At the end of the contract, the lawyer called the CEO of BioHealth and immediately canceled the criminal charge against him for defamation.
In the meantime, the president of BioHealth even thanked Seongryeol-hyung for how much he suffered while going to and from the police station.

Of course, it was we who asked the police station to use our hands and harass them for a long time.

I immediately entered into renegotiation with Jungae Pharmaceutical.
Wouldn’t it be possible to justify a claim for damages?

We said we would maintain the existing supply of chitosan raw materials, and rather proceeded with an additional supply contract.
In addition, the sales ban was lifted to the extent that the products did not overlap with Joong-ae Pharmaceutical.
Mirae Health decided to focus on daily necessities such as health supplements and cosmetics, and Joong Ae Pharmaceutical decided to sell them as medicines for anti-cancer.

Surprisingly, the president himself appeared at the renegotiation with Joong-Ae Pharmaceuticals.
After the negotiations, the president invited us to a dinner party, and Sungyeol-hyung and I gladly attended.

At the meal, the president of Joong-ae Pharmaceutical said that he thought Mirae Health was a small company, but he knew that Hyun-sam Kim was behind us, and he hoped that we would maintain a good relationship in the future.
Certainly, I was able to feel once again that the information power of large corporations is excellent.

Joong-ae Pharmaceutical’s president’s words were not harmful to us at all, so we said yes and finished the meal in a very pleasant atmosphere.

When I was alone with Sungryeol-hyung, I asked how things were going with the aloe.
He said that there is a company that is still small, but already produces and sells aloe vera.
And there are several factories that can produce aloe.

It was Sungyeol-hyung who asked if there was a need for us to try our hand at aloe products already on the market.

However, in my memory, aloe products gained sensational popularity around 1994 as interest in health increased along with chitosan.

I explained to Sungyeol-hyung once again the efficacy of aloe and said that even if there is a company that produces it, it is okay because it is not receiving much attention.
And he explained that in the future, like squalene or chitosan, there will be a great storm in aloe.

We have already created a frenzy by sending chitosan to newspapers and broadcasts.
Just like Aloe, he told me not to worry and to quickly find a factory to get the franchise.

Sungyeol hyung-nim looked a bit suspicious, but he still believed in my words, so he agreed and parted ways.

Now that Mirae Health is equipped with a factory, it is possible to achieve a perfect ‘economy of scope’ from raw materials to product sales.
If aloe products are added sooner or later, Mirae Health will be transformed into a health food company rather than a multi-level company.