Breaking Up Is Better Than Divorce

chapter 37



roadmap

“Isn’t that the girl from The Apprentice?”

Hyunwook Lee asked.

“yes. you’re right.”

“Uh, umm… was that old-fashioned daughter?”

It was at a time when no news had yet appeared on the news that Trump was going to run for the next presidential election.

“Right.”

“Why do you want to develop a brand under that woman’s name?”

“It is true that her father is unfavorable, but Ivanka Trump is quite a beauty and a celebrity with a luxurious image. In the United States, Ivanka Trump jewelry is making a difference. In the fashion sector, we are growing steadily with a policy of selling high-fashion designs at reasonable prices. I think it would work better in China.”

“Well······.”

He doesn’t seem to like Lee Hyun-wook at all.

“The important thing is that only the name of the brand uses Ivanka Trump, and the development of the business is completely left to the two of you.”

“Then, are you aiming for a high-fashion brand in China?”

“I’m thinking of a hybrid of contemporary and fast fashion.”

That was the direction of the fashion brand, where Lee Hyun-wook and Yoo-ra finally succeeded after two failures.

Although there is not much difference in quality compared to high-fashion or contemporary clothing, even low-priced clothing is showing a significant difference in price due to the development of clothing processing technology.

Yuara thought that fast fashion, which rapidly produced and supplied a much wider variety of clothes with a design and quality comparable to that of a contemporary brand, could work in China.

There must be many reasons for their success, but it must have been partly because the sensible designer Hyun-wook Lee and the bold businessman Yoo Ra-ra matched well.

“You mean you are completely entrusting us with it?”

Compared to Hyun-wook, who is not fond of the brand Ivanka Trump, Yoo-ra shone brightly at the fact that she was given the opportunity to develop her own business the way she wanted.

“We are setting a budget of at least $100 million by next year. As I said, I will give you all the rights, and I will provide you with a reasonable stock option.”

“100 million dollars … over 600 million yuan.”

Yoo Ah-ra and Lee Hyun-wook looked at each other.

They didn’t say anything, but in a moment, the two lovers were exchanging a lot of information.

Hyunwook blinked and Ara furrowed her eyebrows.

“Should I give you an answer right now?”

After a while, Hyunwook opened his mouth.

“Of course not. But I can’t give you a lot of time.”

“Then give me one day. I will make a decision by tomorrow and let you know.”

Yoo Ah-ra seemed to want to agree right away, but she thought of Hyun-wook and asked for a day.

At first glance, their relationship seemed to be dominated by Ara, but she knew how to respect the opinions of her boyfriend who was six years younger than her.

Perhaps that was the driving force that continued the relationship between the two of them.

At least during Eugene’s time, the couple had a successful marriage.

The next day, I got a reply from Hyun-wook that he would take over the job.

The two did not put much meaning into the stock options that Eugene suggested.

Rather, it seems that it is much more important that they can run the business they have been dreaming of with sufficient capital.

The only problem is that Hyun-wook also thinks the name Trump is very old-fashioned.

“How are you? Anyway, if you say it in Chinese, it will be like terangpu (特朗普). I don’t think people there are particularly rustic or sophisticated.”

Compared to Hyun-wook who values aesthetic value, Yoo Ah-ra was a much more practical person.

“Let’s build the foundation of our business within this year. First, create an organization, and make registering the Trump trademark in China a top priority.”

It took a considerable amount of time to apply for a trademark in China.

What Eugene sets is this roadmap.

“We will start marketing in earnest from this winter. By December at the latest, we will open stores in downtown areas all over China and develop the Ivanka Trump brand.”

By that time, the Trump family would have begun to stand out.

Within a week, the top-floor office was refurbished to a fairly useful level.

From then on, I started interviewing with the media.

“Nice to meet you. This is reporter Kim Chul-hyeong of the Jaemin Ilbo.”

The first was the Jaemin Ilbo.

“I heard you made a whopping $7 billion in oil futures in the United States, is that true?”

“yes. It is true.”

“It came from the capital economic newspaper.”

A reporter from an economic newspaper who first met by winning the lottery also came to visit.

After that, various media requests for interviews continued.

Newspapers and broadcasters alike came here to write an exclusive interview article with a proud Korean who achieved great wealth in less than a year in the United States.

No additional evidence is needed. The building they are interviewing for right now belongs to Eugene.

Eugene did her best to make her name known in Korea as well.

He was well aware of the great power of fame.

Even Trump is now elected president next year because of his reputation.

Unlike in New York, it was busy every day.

Half of the day was spent interviewing the media and half interviewing talented people trying to scout.

Eugene didn’t even have time to go to his hometown in Siheung, so he stayed at a hotel near the building he had used as his headquarters.

“I know what you said.”

Yooseong also had a mission given to him.

“Beat Korea decided to make time tomorrow.”

As of 2015, there were currently three coin exchanges in Korea.

Bit Korea, Bitwon, and CoinZero.

Among them, Bit Korea started trading in 2013, Bitwon opened in January 2014, and Coinzero opened in August.

Of course, because the coin trading was not yet at such a great level, all three were still in the red.

In the case of Biwon, its sales last year were only tens of millions of won, so it is a level where we have to worry about survival rather than a loss.

Nevertheless, the pioneers of this coin exchange were moving forward one step at a time, hoping for the day when the light would come.

“How about recruiting developers?”

“There’s no problem with that either. We guarantee the highest salary in the industry, so why not come?”

Yoosung, who has been researching coin trading since he was in the United States, decided to open an exchange.

It plans to open different exchanges in Korea and abroad.

At the same time, on the other hand, it also started to acquire existing exchanges.

A coin exchange is an attractive business item as much as the coin itself.

Although it costs a lot to build to provide a much more secure service than competing sites, it is close to a feather compared to the revenue you can get from coin trading.

A few years later, it was said that the net profit of one well-known coin exchange was from $500 million to $1 billion a day.

So there was no reason not to.

The reason why they plan to operate their own coin exchange and acquire other early coin exchanges is because they know that in two years the price of bitcoin will rise sharply and numerous coin exchanges will open and there will be endless competition.

In such a competition, it is not possible to guarantee victory simply by speed and stability compared to other exchanges.

So, if you preempt the exchanges that will be in the ranks of winners from the start, you will be able to take all or a portion of the profits no matter which exchange makes a profit.

By the end of this month, Yoosung was planning to acquire or invest in all three of the initial coin exchanges Eugene mentioned.

You can probably get it at a very low price by now.

One day, I found time to visit a lawyer’s office in Seocho-dong.

“I came here to sign an advisory contract with the lawyer’s law firm.”

At the meeting with the representative lawyer, Eugene revealed her purpose.

“What kind of business does Shooting Star Company do?”

An old man with wavy hair asked softly.

“Shooting Star Company is a holding company with four subsidiaries: Precision Machinery, Fashion, and Venture Capital. The capital is 100 billion won, and it is expected to increase to 1 trillion won by the end of this year.”

“It’s a very large company.”

The lawyer tilted his head slightly.

“Now that I see it, it looks like I’ve seen it somewhere. Kang Yu-Jin… ah! You’re the young man who said he made a lot of money in America. Oh, I’m sorry I didn’t know.”

said the old man with a slight smile.

“It’s only natural that you don’t know. I am not a great person.”

“Not great. He is a person who earned more than a year’s profit from a large corporation alone. So, you want to sign an advisory contract with our law firm at that shooting star?”

But it wasn’t something I really liked.

“There are many offices that are bigger and better than us. If it’s that big, go to Hansung Law Firm.”

The lawyer mentioned the number one law firm in Korea.

“The consulting fee will be higher than signing an advisory contract with Hansung Law Firm. I’m thinking of a 10-year contract at 2 billion won a year. Of course, I will give you 10 years’ worth as a lump sum.”

At Eugene’s words, the lawyer’s face hardened slightly.

“Did you say that it was a 20 billion won advisory?”

He asks again as if he can’t believe it.

“yes. And if you join the ongoing litigation, we will give you the best price for your appointment.”

“Ummm…”

The old man stared at Eugene’s face without saying a word.

As he is a great yangban, he doesn’t seem to want to fall over easily even under these conditions.

Unsurprisingly, this old man sitting in front of Eugene was a former Supreme Court lawyer who recently took off his robe.

All-in-one, all-encompassing However, there is no such thing as only former judges of the Supreme Court and the Prosecutor General.

And in both cases, only one or two new lawyers open up every year.

So, it seems that Eugene’s unconventional conditions have not yet been able to satisfy his opponent’s heart.

It seemed that the conditions had to be raised.

Eugene’s visit to this old man is not simply because of his splendid career as a Supreme Court justice.

If you’re simply looking for a lawyer from a Supreme Court, as he said, you’d be better off looking for a large law firm.

The cost is similar, and you can get advice from a lot more professional lawyers.

Nevertheless, Eugene came to this small office.

This is because the person he wants is not another lawyer, but the lawyer Kim Dong-soo right in front of him.

It’s not that he’s particularly honest, or that he’s a person who serves the weak.

As Eugene knew, Attorney Dong-soo Kim, like any other former Supreme Court lawyer, took on litigation very hard and was immersed in the wealth that he could not have during his time as a judge.

The reason why attorney Dong-su Kim runs such a small private law firm is not because he hates large law firms, but simply because of the rules.

According to the Public Service Ethics Act, former Supreme Court justices cannot work for a law firm larger than a certain size for three years, so they usually open their own law offices and receive case work during that period.

Lawyer Kim did the same.

In the next three years, attorney Kim Dong-soo will enter one of the many law firms that want him with a huge salary guaranteed.

And during the four years at the law firm, he received a record fee of 17 billion won.

That was a bit of a problem.

Later, when Kim Dong-soo was appointed as the chairman of the Board of Audit and Inspection, the 17 billion won at that time caught his eye, and he could not even go to the hearing and resigned midway.

It must have been very heartbreaking for him personally.

He was also a person with political ambitions.

If he ascended to the position of Auditor General and continued to speak his voice instead of following the president’s instructions, it would have been worth a shot at the next presidential election.

Well, what is unavoidable is unavoidable.

Regardless of his personal life, what is important to Eugene is the fact that he has a great influence not only on the Supreme Court, but also on the entire court organization.

The amount of 2 billion won a year suggested by Eugene is actually an amount that even a Supreme Court judge cannot receive as a simple advisory fee.

So, in reality, it’s almost like a bribe.

But it was an absolutely legal bribe.

Understanding Due to the Act on the Prohibition of Solicitation and Acceptance of Money, etc., passed by the National Assembly in March, public officials who received more than 1 million won at a time were subject to criminal punishment regardless of the remuneration and job relevance.

Although this law will significantly reduce the amount of illegal money secretly flowing into Korean society, only one group of people can legally accept bribes.

It’s the lawyers.

There is no upper limit on attorney’s fees and advisory fees.

So, if you sign a legal advisory and advisory contract and deal with taxes, there is no legal problem even if you send and receive billions of won instead of hundreds of millions of won.

“That’s too much to think of as a typical attorney’s fee.”

The former Supreme Court spokesman spoke up after a while.


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