After another half year, Tangning not only promoted the lighter industry, but also focused on the lifestyle products industry.
In this great era of the United States, a prototype oligopoly is now taking shape.
There are already many giants in various major industries such as finance, steel, and mining. This trend has not stopped because new oligarchs are also constantly emerging.
However, those giants had their sights high and did not pay attention to the lifestyle products category, which gave Tangning an opportunity.
This is the best of times and the worst of times.
At present, the prototype of oligopoly has not formed a real monopoly, and capable people have every chance to become one of them.
And Tangning, if she has the opportunity, capital, and ability, of course she has to become that person.
Therefore, Tang Ning used his own capital and lighter profits to acquire many poorly managed match factories, knife factories, soap factories, washing powder factories, towel factories, textile factories, salt factories, canning factories and other lifestyle product factories. The Minsheng Group was formed.
Although daily necessities may seem inconspicuous, the profits are very considerable. If the brand influence is formed, it can form a monopoly, and it is difficult to break up.
Unilever and Procter & Gamble will be the leaders in the future. To become such a giant is Tangning's monopoly goal.
Now I don't have these two hairs, and I don't have huge influence yet.
Now or never.
Of course, Tangning must take the lead in integration, build a "people's livelihood" group, seize the opportunity, build brand influence, and slowly form a monopoly.
For the development of Minsheng Group, Tang Ning invested most of the funds so that the remaining funds could not be used in other industries.
Just when Tangning was at a loss what to do, the news of the discovery of oil in California gave him a huge revelation.
The oil craze that formed at the end of the 19th century continued into Tang Ning's previous life, and the value of oil can be seen from here.
The United States is an important oil producer. Some oil fields have been discovered, but many have not yet been discovered.
Of course, Tang Ning is not a god and knows all the oil fields, but he can still know some well-known oil fields that have not been discovered. This is a huge business opportunity.
Although funds are tight, Tang Ning can still squeeze out 100,000 US dollars to do other things, and oil is now an industry where he can make a steady profit.
With advanced understanding and matching financial resources, Tang Ning naturally chose to invest in the hottest industry in the United States, oil exploration and production.
Investing in drilling a well will definitely be a huge profit if oil can be drilled.
For others, it might cost a lot of effort and money to explore, but for Tang Ning, this was a business that was sure to make a profit.
The 20th century is not only an era of internal combustion engines and electricity, but also an era of petroleum. There was an oil boom not only in the United States but also around the world!
Today's Shell, Standard Oil, Mobil, the Seven Sisters of Petroleum in the future, and the petroleum state-owned enterprises of various countries have all proved the charm of petroleum.
Oil has always been an important support for the world.
Many people have heard of the gold rush in the western United States, but from the early 20th century to the 1930s and 1940s, there was also a vigorous oil exploration boom in the southwestern United States. Many people became rich overnight by investing in this industry. Get rich suddenly.
In her previous life, Tang Ning read a book that told the story of how several oil tycoons in Texas got their start.
California and Texas, the two most important states in the western United States, were early oil states, where countless rich people were born.
The Bush family, a professional family of U.S. presidents, also made their fortune in the oil industry.
This was the time when oil exploration was booming in the West. From Texas, Kansas, Oklahoma to California, barren mountains, woods and pastures, the footprints of oil adventurers were everywhere.
You can buy equipment for tens of thousands of dollars, recruit a few people to form a team, and get started.
Drilling a well may cost tens of thousands of dollars, which may not sound like much, but if calculated based on the price multiplied by 100, the cost is quite a lot.
The result may be nothing, or it may become rich overnight. The reason why some people are keen on taking risks is because they will be rewarded a hundred times if they succeed.
There were countless failures and many successes, but it was the rise of the oil industry.
These actions have promoted the development of these places, which in turn have generally improved local living standards.
Tangning was a Mavericks fan in her previous life and had been to Davos.
When I visited this city, I was shocked to see a large number of oil refineries gathered there and oil pipelines everywhere. I also learned some stories about oil tycoons.
At that time, Tangning also thought about how great it would be to travel back in time!
However, when Tang Ning traveled through a hundred years, he actually forgot about oil for a while. In fact, this was not his fault.
Because Tang Ning, who came to this era, had already become a noble, with many industry involvements, and there was no shortage of wealth. It was not until she saw the big news of the discovery of new oil fields that her interest was aroused.
Human nature is often like this. I look down on the nouveau riche and gamblers, but I am very envious in my heart. I hope that one day I can make profits a hundred times, a thousand times, or ten thousand times.
Tang Ning is ready to let people's livelihood continue to develop. Anyway, he has made a plan. Now he wants to become an oil tycoon.
"Li, I'm leaving. You must help me keep an eye on famous students!"
When they came back in the evening, Tangning and Li had a rare gathering together. Li had graduated from college and was working as the financial director of Minsheng, helping him supervise the group.
"This is my duty!"
In the past six months, Li and Tang Ning have often discussed economic, philosophical, and political topics. The two of them had a good conversation and talked about almost everything.
In Li's opinion, Tangning, a nobleman, not only has a noble status, but is also knowledgeable. She is exactly what he imagined as a nobleman. Moreover, he admires him very much, so of course he reciprocates the favor.
This is a famous master. If you don’t work for him, who else can you work for?
"BOSS, what are your plans?" Li asked curiously.
"Go to the west, where the market is vast and there is a lot of potential."
Tang Ning had nothing to hide from Li. She really smiled and said, "I heard there's an oil craze there, and I want to try my luck."
"Oil does have great potential."
After hearing this, Li tried to persuade his boss and expressed his worries.
"But, Boss, discovering oil requires luck, and it is dirty and tiring. Your status does not require you to participate in this."
"Li, I know your good intentions."
Tangning understood Li's concern and persuasion, but he would not give up.
"Our Braganza family has a natural risk-taking gene, and so does Portugal. My ancestors brought it back with swords and guns."
When Tangning said this, she laughed wildly and said: "Although oil exploration is not decent, it is quite adventurous and I like it very much. And I believe that with my luck, I will definitely be successful."
"Well, I didn't expect Boss to be so adventurous."
Li didn't expect Tangning, a noble nobleman, to be so wild-minded, but he still respects Tangning's personal choice, and as the boss, he has the right to be wild.
"I wish Boss a great victory in oil exploration!"
"Haha, thank you for your kind words, I will definitely succeed!"
This is not wild talk, Tang Ning has the capital to say this and implement it.
