VIP Class Notes (Tibo)

I am born here, I never go abroad. -> I was born here, I have never been abroad
I am now working in Nike for Jordan department.

I can to be more confident to speak in front of people. / I want to be more confident during public speaking / conversations

so I can transfer to other functions.

I am still thinking in Chinese when I speak English.

we need to get a permit from our boss -> we need to get a(n) authorization / approval / green light  from our boss

for the last 2 months we haven’t had to work on Friday.
I want to fully use this time to get my English better / to improve my English / I want to make full use of this time

they were all affected by that issue.
our sales are affected a lot. / our sales decreased substantially
2 or 3 years ago we transferred a lot of the production to other countries. / we outsourced the production to other countries where labor is cheaper

my parents do not support me because I need / I take a lot of space for my shoes.

they can double or triple right after release/issue
There is a platform and you can do the transactions on that app. / there is a secure platform to help match sellers and buyers..
we will send the shoes and they identify them / authenticate them 

that is why / the reason I never buy shoes on that app.

I heard in the past in Nike they did that often but nowadays maybe sales are not good. / I guess they won’t do it these days because our sales aren’t as good as previously…

People from gen Z are more into the sneakers’ world.
they know the streetwear culture

what they are looking at is different than/from us / the things they connect with. / their interests and priorities …

When we were little we watched different TV shows and cartoons and the internet was not as popular as  today.
Nowadays they can watch a lot of self media in TikTok.

they can see a bigger world than us.
they will shape their views of the world earlier.

The financial pressure due to housing is greater than in the west I think.
most western people rent but our target is to buy a house.
They will borrow part of the money to pay the  downpayment  and then work hard for the rest. / remaining part of the loan
They cannot enjoy their life because they have a heavy burden due to their housing payment.

they wear Nike outfits to compete so people might think they are the sponsors. / might confuse them for the official sponsor
I bought a ticket for the olympics and I checked the website everyday and I could see their logo.

because of the pandemic some companies will foresee it will happen again.-> some companies want to cover the risk of it happening again / want to hedge against the product risk

he said since there is a shortage of chips we will wait for a long time for a new monitor.

Vocabulary

to hedge (v) 保值措施 / 防范措施
We need to hedge against the tech giants reversal

hedge fund (n) 对冲基金
he invested with a hedge fund

to leverage (v) utilize to max advantage / 影响力
we need to leverage our market leader position to increase our sales

chip (n) CPU
There is a chip shortage

global warming (n)
A lot of countries accuse China of not caring about global warming

brand ambassador (n)
we only have athletes as brand ambassadors

downpayment (n) first payment made on a big purchase
When you buy a house in China you have to pay 40% as a downpayment if it is your first property

deposit (n) money you give to guarantee a right to purchase
I paid a 5% deposit

to loan (v)借出
The bank refused to loan money to me because they didn’t accept sneakers as collateral

loan (n) 借款
I asked the bank for a loan

to borrow (v) 借
I borrowed money from the bank and tried to run away

authenticate (v) make sure something is real
The website authenticates the shoes so you are sure not to buy fakes

authentic (adj) real
It is an authentic pair of Jordans

betrothal gifts (n) 彩礼
In some rural places the groom gives a betrothal gift to the bride

shelf/shelves (n)
I plan to put the shoes on shelves

permit (n) 许可证
I got my working permit today

Grammar

on + day / event:
On Friday
On my birthday

about is used for topic
We talked about sneakers

in + language
I wrote an email in English
I think in Chinese