Next, tea and snacks were served.

Li Qiu'e had a hundred questions in her mind: who was this man, what did he want with her, and why was that spinning wheel different from ordinary spinning wheels?

Zhao Huan introduced himself: "My name is Zhao Dan. I want to start a cloth business, so I would like to find you to cooperate with me."

"Sir Zhao, you flatter me. My daughter's cloth shop is just a small business. You should go to Zhang's Cloth Shop instead."

"Zhang's Cloth Shop rose to prominence through the support of the imperial court, and its interests are too deeply intertwined; it's not suitable for me."

"Since Master Zhao knows that Zhang's Cloth Shop has the imperial court as its backer, why does he still want to do cloth business? This cloth business is not easy to do now."

Zhao Huan pointed to the spinning wheel: "Of course, it's thanks to it!"

Li Qiu'e's gaze also shifted to that spinning wheel, which she had never seen before.

A typical spinning wheel has only one spindle, but this spinning wheel has many spindles, and they are laid horizontally on the ground.

"This spinning wheel is called the Huaxing spinning wheel. It is eight times faster than an ordinary spinning wheel and only requires one person to operate."

Li Qiu'e was shocked on the spot; it was the first time she had ever been so shocked.

Only someone like her, who had worked in the cloth business, knew what eight times really meant.

One important reason why Zhang's Cloth Shop could sell a piece for 25 coins was its ample supply.

Often, businesses like Li's Cloth Shop have business but no goods because they can't afford to hire people. Li's Cloth Shop is now just Li Yue'e herself, working hard every day to weave cloth.

It takes Li Yue'e two months to weave a piece of cloth, and it's a very arduous process.

However, if we now have this Huaxing spinning wheel, the same piece of cloth can be produced in just about 7 days.

This ensured a certain level of assurance for her shipment volume.

However, there were other reasons why Zhang's Cloth Shop was able to grow so large. Because of its large volume, the suppliers offered low prices. Most importantly, because of its connection to the imperial court, it also had a significant advantage in transportation.

Li Qiu'e stood up and curiously observed the Huaxing spinning wheel. She was very knowledgeable about weaving and immediately noticed its uniqueness, which amazed her.

Li Qiu'e couldn't help but ask, "Who is the person who created it?"

"It is a master. We don't need to ask who created it yet. With it, we can guarantee the shipment volume."

In the past, people were very poor, and even if there were goods, they might not be able to afford them. However, in recent years, many people have gradually become wealthy, but the production and supply of goods cannot keep up.

The main problem is that production speed is too slow.

With this Huaxing spinning wheel, the shipment volume will increase significantly.

Once the shipment volume catches up, Li Qiu'e will have the confidence to hire more people, and then the shipment volume will continue to increase.

The cost of the fabric to make one garment is 15 coins, and the labor cost is 10 coins. One bolt of fabric can make 30 garments.

Previously, she could only sell fifteen pieces of clothing a month, each costing 50 coins. Li Qiu'e did all the work herself, so there were no labor costs.

She could only earn 525 coins a month, which was less than what she could earn working on a construction site, where she could earn 2 strings of cash a month.

However, this was when she was alone. She had hired people before, but they were all poached by Zhang's Cloth Shop at high prices.

If she uses this kind of loom, she can weave a bolt of cloth in seven days and sell 30 pieces of clothing in seven days. She can earn 35 coins for each piece of clothing, so she can earn 1150 coins in seven days!

With the weaving speed increased, she was fully confident in lowering prices and competing with Zhang's Cloth Shop for business!

Seeing the constantly changing expressions on Li Qiu'e's face, Zhao Huan knew she was calculating accounts.

As a businessman, how can you not keep accounts?

Similarly, Zhao Huan governed the country using the same methods as business, and he kept his accounts very clear.

Anyone who uses this loom will only make a profit, never a loss.

He chose Li Qiu'e because she fit the criteria he was looking for.

1. Businessmen.

Second, it's on the verge of bankruptcy.

Third, he came from a commoner background.

Fourth, they have no background whatsoever.

Zhao Huan wanted to start a cloth business because clothing was the second most important thing for the people of the Song Dynasty, after food.

He wanted to become a qualified benchmark in business and support a wealthy man in the Song Dynasty.

Write this tycoon's story of how he became rich into a biography and spread it widely to inspire more people to join the business world and create wealth.

This wealthy man's requirement is that the person be born into the lowest social class and already have a very difficult life.

Li Qiu'e is a perfect candidate.

Zhao Huan continued, "That 500 strings of cash is just a gift for our meeting. I will add another 500 strings of cash, and take 51% of the 100% share of Li's Cloth Company. All the management rights of Li's Cloth Company will be in your hands. I will not interfere. Just tell me about the financial situation every year."

"Of course, you can let me know if you need any help."

For Li Qiu'e, who is currently struggling, getting 51 out of 100 is a win.

What she cared about wasn't the percentage of sales, but the reputation of Li's Cloth Shop, which her husband had left her, and she had to ensure its survival.

Why did you choose me?

“I am a merchant. In the sixth year of the reign of the current emperor, the commerce of the Song Dynasty is as prosperous as ever. Grain is a livelihood controlled by the court, and there are too many restrictions. Only clothing can be very profitable. However, I am too busy with my family business to have the time to manage it. Therefore, I need to find someone. As I said before, Zhang's Cloth Shop has too many ties with court officials. I don't want to get involved. Choosing you is the best choice.”

Li Qiu'e looked at Zhao Huan and could see sincerity in his eyes.

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