Rebirth: Super Banking System-Chapter 1536 - 1000179: Made a Decision (Subscribe Please!)

Chapter 1536: Chapter 1000179: Made a Decision (Subscribe Please!)

"???"

Pan Yue had a puzzled look on his face.

Is this what you call a good solution?

"Pan, for this kind of business, if you look at it from a short-term perspective, going solo is a decent choice. You can quickly secure financing and expand, and you can also foresee a certain profit-making capability in the future."

"However, these flash-in-the-pan projects come quickly and go quickly. It won’t be long before you’ll be facing fierce market competition, plus with attrition, your investment and returns will gradually become unbalanced."

"If you’re lucky, you can make a steady small amount of money, but if you’re not, it’s going to be like being half-dead, not truly profitable. So, if you want to be in for the long-term game, it’s better to involve the government."

"At least, your attrition will be less."

The next ten years.

Many things are like gusts of wind, overwhelming when they whip up, but after the wind stops, it leaves a mess. Group buying, virtual currency, sharing economy... Tang Qing has no interest in chasing these.

He prefers long-term projects.

Five years.

Ten years.

Or even longer, if the company still exists then, that’s what’s called ’doing business’.

"Attrition..."

Pan Yue murmured to himself.

He had, of course, considered this issue.

The emergence of shared bicycles would hurt the interests of quite a few people, and with some people’s proclivity to damage things, this ratio could be quite large. Repairing them might be a minor issue, but when others use them for free, there’s nothing you can do about it.

He was wondering if Tang Qing’s suggestion could solve this.

Complete prevention is impossible.

But it’s a fact that it would help with promotion.

This year is 2008, the Olympic year. If you can leverage the ’Nationwide Fitness’ campaign, you could indeed gain significant advantages in the initial phase, but the idea of sharing profits makes Pan Yue a bit conflicted.

Seeing Pan Yue with a troubled expression.

Tang Qing reminded him, "Pan, the difficulty with this project isn’t the model, but the technology and production. You should address these issues first, and then it won’t be too late to consider other matters."

Upon hearing this.

Pan Yue’s face turned a bit red.

Indeed.

He hadn’t even figured out how to build the bikes or handle the technology and was already worried about profit sharing, which was indeed a bit overthought. "You’re right, I’m thinking too far ahead. Let’s solve the technological problems first."

Tang Qing watched him with a slight smile.

And he understood.

After all, Pan Yue was a second-generation businessman, his first consideration in doing business was profit sharing, whether it could actually be achieved was secondary. Just like Chai Ren, who was in real estate, his first step is to handle profit sharing.

As for acquiring land and construction.

For these people.

Are those even real issues?

"He used to want to make cardboard boxes," Dou Jiao said with a hand over her mouth chuckling.

"Cardboard boxes are not bad either, the future demand will definitely be huge, but they have strong regional limitations, low price, large volume, not suitable for long-distance transportation, low barriers to entry, and the competition is also fierce," said Tang Qing,

"..."

These words.

Were exactly what Dou Jiao had said.

"Sigh, finding a solid long-term project to work on, why is it so difficult?" Pan Yue lamented. He looked down on small businesses, had trouble choosing medium ones, and found large businesses difficult to engage in.

He felt he was truly unsuited for business.

That’s also true.

If he had the talent.

He wouldn’t have still been selling wine after so many years.

"If you really want to find a long-term project, I do have a small suggestion," said Tang Qing suddenly.

Upon hearing this.

Pan Yue was invigorated.

"What project?"

"Second-hand items."

Tang Qing said four words.

"Second-hand items? Many people are already doing that," Pan Yue said with confusion.

"It’s true many people are doing it, but none on a large scale. When I say large scale, I mean reaching tens or even hundreds of billions in annual sales. At least, I believe it’s a big market."

"What I’m talking about isn’t being a middleman or running a platform for second-hand goods; rather, it’s about you handling everything from recycling, repairing, selling, to after-sales service in one fell swoop. You can create an entirely new product ecosystem."

"And the types of items you can recycle can be very diverse, from large machinery and cars to small items like earrings and jewelry—as long as there’s a legitimate channel to convert them into cash, they can be considered for recycling."

"Once they are collected, those in good condition can be sold directly; those needing repairs, you can find someone to fix them, then sell them or rent them out, but it’s imperative to provide good after-sales service, as this is the foundation of a good reputation."

"Sources can be diverse as well, not limited to domestic goods. Many items no longer used overseas are actually in good condition, such as printers, computers, mobile phones—once fixed, there will always be a suitable consumer group for them."

"But you must ensure the sources are legal; this is the foundation for the company’s existence. For all items, especially the valuable and smaller ones, you must have invoices and proof of ownership."

"..." freeweɓnovēl.coɱ

Tang Qing continued to outline his idea.

It’s simple.

Also very low-end.

But it’s valuable and indeed profitable. Once second-hand items also include comprehensive after-sales service, it will activate a hidden, vast market. Done right, it’s truly a fortune-making venture.

The more he listened.

The brighter Pan Yue’s eyes shone.

"Great project."

Dou Jiao blurted out.

"But if we include after-sales and handle a wide variety, just the manpower and fixed assets required for the company would be a huge number. If we also expand overseas, that would cost even more."

Though Pan Yue was excited.

He was still mindful of the costs. Recycling, storage, repair, sales, after-sales—if doing it all even just within one province, the investment required would be massive, not to mention the overseas operations that Tang Qing mentioned.

"What I’m talking about is later-stage planning. Initially, we can focus on certain categories, get familiar with the business and processes slowly, and establish a service network. Once things are running smoothly, we can expand horizontally and vertically."

"Take Qingyan City, for example. You can start there as a pilot project, starting with electronic products and household electrical appliances, one step at a time. Of course, this is under the presumption that you want to proceed, otherwise I’m just talking nonsense."

"Let’s do it. If you say it’s feasible, then I’m in," Pan Yue didn’t hesitate any longer and immediately made his stance clear.

A business that Huaxia’s richest man finds promising.

And the wife also thinks it’s good.

To hesitate further.

Would mean he’s foolish.

It’s foreseeable that the investment needed later on would be a number he can’t bear. If his friends can’t pool enough funds when the time comes, seeking investment from Tang Qing would be much easier, but for the initial phase, he plans to do it alone.

"Is that your decision?"

"Yes, it’s decided," Pan Yue said earnestly. Shared bicycles seem less reliable. With a home and not lacking money, he prefers secure projects. It’s okay if money comes in a little slower.

"All I can say is, you won’t regret this decision." Tang Qing didn’t say much, but if the business is done well, it could indeed bring in big profits. Don’t forget, he still holds a trump card in his hand.

---The African market.

The consumption power in these regions isn’t high enough to afford many new products in the short term, making the second-hand market especially large. But now their purchasing power isn’t activated. Once it gets going, even if it only captures a tenth of the market, that’s a starting point of hundreds of billions.

However.

If this company wants to develop to that extent.

Forget it if it’s not at least ten years in the making.

Tang Qing originally wanted to do this himself.

But then he realized it wasn’t much fun; earning a hundred and eighty billion in over a year seemed almost pointless; not knowing what to do with the money. If Pan Yue needs him as an investor, he’ll join; if not, Tang Qing won’t insist.

One should enjoy their own big watermelon.

And not always covet friends’ sesame seeds.