Chapter 14: Difficulties in Starting a Business

On Laurel Valley Boulevard in North Hollywood,

Judith got busy as soon as she went to work.

She first submitted the approval procedure for a loan and then called several people whose loans were about to expire.

The bank's work seemed stable, but she had to work to death every day

What's more terrible is that she deals with large sums of money every day, but she is still extremely poor.

After making two dunning calls,

Judith frowned slightly when she saw the names of Sand Sea Entertainment and Ronan Anderson.

Under normal circumstances, if the loan had not still expired then there is no need for dunning,

But in special circumstances, the bank can also issue a dunning notice according to the remarks of the contract, or even draw money in advance.

Sand Sea Entertainment and Ronan Anderson's repayment ability,

Judith couldn't help shaking her head.

It is estimated that both will go bankrupt soon.

Fortunately, what was signed was a mortgage loan, and the loan amount was only 70% of the value of the collateral.

Regardless of the property, or the copyright of Sand Sea Entertainment films, they were all considered good assets.

This loan should not turn into a bad debt.

'By the way, Ronan Anderson said he would come over today to repay.

Sand Sea Entertainment hadn't produced any film recently, and even the employees were almost gone.

What will Ronan Anderson pay with?

Should the bank take away the copyright of the film and the apartment in advance?'

Five minutes later,

Judith saw Ronan and was a little surprised.

When she met him last time, this young man had bird's nest-like hair and his face was decadent, like a homeless man on the street.

But now?

Ronan Anderson's hair is tidy, his face looks handsome, and he is wearing an Armani suit which highlighted his stalwart figure.

The flat gold-rimmed glasses on his face cannot block his sharp eyes and they also added a touch of maturity.

This is an overall handsome guy

Judith's eyes were completely attracted by Ronan, so much so that she ignored the woman in her forties near him.

"Hello, Miss Judith." Ronan greeted her politely.

"Uh..." Judith quickly retracted her gaze, "Hello, Mr.Anderson."

Ronan casually said, "I came to deal with Sand Sea Entertainment's and my personal loan repayment."

Judith was a little more surprised, "Do you want to repay in advance?"

Ronan didn't reply to her question, he just pulled out a chair nearby and sat down, and said,

"I will pay off the two loans together with the interest up to today."

Judith was stunned, this was completely different from what she thought,

"Can't I?" Ronan asked formulaically,

"I remember that the contract allows early repayment."

Judith quickly came back to her senses,

"Ah, yes, yes, you can repay in advance." She couldn't help being curious, "You...have you raised money?"

Ronan shrugged slightly, "Of course, how can I repay the loan without money?"

Judith stabilized her mind, discarded the surprise caused by this sudden news, and tentatively asked, "Where did you raise the funds?"

Ronan said lightly, "Don't worry, the source of funds is completely legal.

The others are trade secrets, I can't tell you."

He glanced at Mary and said, "You can handle the loan with Miss Judith."

After nearly an hour,

Mary has completed all the formalities, and Ronan was ready to leave.

He took the initiative to stretch out his right hand and shook hands with Judith and said, "I hope I don't receive your dunning notice in the future."

Judith put on a professional smile and said, "I hope so too."

Ronan took Mary out of the reception room but did not leave the bank and went straight into the elevator.

"No problem, right?" He asked in a low voice.

Mary replied immediately, "No problem."

Ronan pressed the elevator button: "Let's go to the credit officer."

After a busy morning,

Judith received a message from a colleague that Sand Sea Entertainment and Ronan Anderson, who had just repaid the loan, approached the credit officer and applied for a $3 million mortgage.

"How is this possible?" Judith couldn't believe it.

Her colleague said, "How could it not be possible?

Ronan Anderson repaid the loan earlier, with good credit, and he also proved his ability to repay the loan.

So refinancing is fully in line with the procedures."

Judith shook her head and said, "I didn't mean that. He only paid back today."

The colleague came over and said in a low voice,

"I asked the director's assistant about it too.

Ronan Anderson showed the director a certificate of tens of millions of dollars from the Bank of America,

And continued to use the movie rights and real estate as collateral,

So the director approved the loan. The rest is just going through the process."

Judith was completely stunned, "Ten million dollars?"

"Yes",

The colleague also sighed and patted Judith lightly on the shoulder, "You have lost a major customer, otherwise the commission of this loan..."

At this point, her colleague couldn't help but shake her head.

Judith bit her lip, Sand Sea Entertainment has always been her client.

"Am I wrong about Ronan Anderson and Sand Sea Entertainment?" she murmured.

Leaving the bank, Ronan went to the Los Angeles branch of Merrill Lynch to finalize a stockbroker with high creditworthiness and signed an agency agreement.

He did not need the other party to give him advice, as long as the broker buys and sells at his requirement.

Stock brokerage commission implements a flexible mechanism,

The higher the invested capital, the greater the transaction volume, and the lower the commission ratio.

Ronan's goals are mainly two targets, Yahoo and Cisco.

Before investing, he did a detailed investigation.

Yahoo opened at $64 in February, with a peak of $74 that month.

After Cisco re-issued shares last year, its stock price was only $5, and it has now risen to nearly $14.

There is no doubt that these two stocks are very popular stocks currently, and all kinds of good news about them kept coming endlessly.

Ronan didn't specialize in stocks in his previous life.

He just remembers some big-selling goods.

When Cisco was at its peak, it seemed to have been on the top of the world's market value.

Yahoo was also not worse but in the end, it seemed to have crashed very badly.

'When exactly did it crash?

It must be after 2000, but which month in 2000?' Ronan didn't even know.

This determined that he cannot manipulate every stock.

He can only allow the stockbroker to take in the two stocks one after another, and then sell them before 2000 when the market is relatively stable.

After 2000, the risk factor would be doubled.

It is estimated that there will be no shortage of bigwigs who would be staring at the industry from both inside and outside

Any slightest disturbance may cause huge changes and he didn't want to take such big risks

Ronan plans to put the $6 million raised from Abu Dhabi and US$3 million in bank loans into the stock market as soon as possible in the form of company and personal accounts.

An additional US$1 million was left as emergency funds.

Unfortunately, with his qualifications and conditions, it is temporarily impossible to establish a fund, otherwise, the investment will be more convenient.

The 9 million dollars of funds entered the market one after another in batches, which did not stir up too many waves.

"Mr.Anderson."

Before leaving the Merrill Lynch office, the stock broker shook hands with Ronan and said, "Thanks for investing, Your needs are our pursuit."

Ronan was also very polite, and said with a smile, "You are welcome, I hope this is a pleasant cooperation, Scott."

The stockbroker named Scott shook his hand vigorously and said, "I have just transferred to Los Angeles from Pennsylvania.

It is my honor to meet a customer like you and serve you"

Ronan smiled, "Happy cooperation."

It is undeniable that money can change too many things in the world.

When he came to Merrill Lynch, he just said roughly the amount of investment, and he received the highest standard treatment.

Scott also smiled and said, "Happy cooperation."

Such a large customer, it is difficult to meet one.

Leaving Merrill Lynch, Ronan asked Mary to return to the company first, and he went to the car market to buy a brand-new Cadillac.

After returning to the company, he checked the work log and determined his next step.

We must immediately recruit a director for the "Human Removal Project".

After having the director, We should match the corresponding behind-the-scenes team and even the main actors.

The script also needs to be revised,

The previous first version of the script looks good, but it is more for the investment of the Arabs and does not fully meet the shooting requirements.

He can modify the script himself, and he can also refer to the director's opinions appropriately after the director is recruited.

'Oh, there is also a blog writing plan, but this can be suppressed for the time being'.

'Then there is the network of connections.'

At present, the main business is movies, and connections are very important in the Hollywood circle.

Although old Anderson was conservative, his connections were all handled well and he also had some reputation in the industry.

However, young Anderson was young and energetic,

He thought that ability and talent could break through all obstacles,

From the time he took over Sand Sea Entertainment, he almost threw away the old Anderson's personal network.

These should not only be picked up again but also needs to be further expanded.

How to expand the network in Hollywood?

The most basic way is to frequently participate in banquets and parties.

Many banquets and parties are filled with investors, producers, directors, actors, and agents.

The initial intentions of some projects were often established through these communications.

Ronan gave Mary another notice and asked her to find a suitable Hollywood party.

A clear plan was made.

It was almost nine o'clock in the evening when Ronan got off work,

After returning to the apartment, he took another three hours to revise the script of the "Human Removal Project".

'It's difficult to start and run a business.

Even if I am born again, even if I have the advantage of foresight... Hard work and Dedication are necessary' he sighed.