Chapter 311 Have you ever heard of video game consoles?



Let's get into electronics! We'll prioritize everyday items—good quality, low price, and quick upgrades. Hey, have you ever heard of a game console?

Game console? Bang Geng just stole a radio today…

The smiling tiger described it to him with gestures: "A game console, the kind with cartridges! It comes with two controllers. You plug this thing into the TV and you can play video games. It's so much fun!"

The Famicom (Nintendo Entertainment System) is something that, let alone the Korean meme, probably 99.99% of people today have never even seen one.

Among the remaining 0.01% of people, there are obese people.

Smiling Tiger described the wonderful future to Bang Geng: "You have no idea how popular this thing is. I recently got one made for my childhood friend. Do you know how he did it?"

Banggeng instinctively chimed in, "How did you do it?"

"That kid! He propped up his TV on the side of the road with an extension cord, then plugged it into my game console and charged the kids 50 cents for 15 minutes of playtime. He's really greedy!"

What? What is that?

Banggeng even doubted he had heard correctly. 50 cents for 15 minutes? Wouldn't that earn him 2 dollars an hour?

If you set up a stall for 5 hours a day, that's 10 yuan!

The smiling tiger seemed to see right through the joke: "You're shocked by this? It's nothing, just a small fry, it won't last long."

This is nothing? This business is booming...

The smiling tiger poured cold water on him: "This business looks good, but you have to think about it. How much money can a kid have? He has to ask his parents for it all. Playing with this stuff will interfere with his studies. Just arguing with his parents every day will be enough to give you a hard time. You can't set up a stall on weekdays. You can only do business on Sundays. What if it's windy or rainy? ... In fact, you can only make a little money during the winter and summer vacations each year."

Banggeng pondered for a moment and then realized something was amiss: "What about at other times? I mean, why aren't they set up at night? Don't the adults play with them?"

The smiling tiger scoffed dismissively: "Are you stupid? You only have a game console and a TV. You're just trying to make quick money, so of course you have to maximize profits. Adults may love to play, and they have the money, but they can sit there for two hours without moving an inch. Can you stand that? The most important thing is how do you charge them? If it's too expensive, they won't play; if it's too cheap, it won't even cover your electricity bill. You also have to spend your time, provide tea and water, and serve them. Isn't there anything better than this?"

Banggeng instinctively thought that the problem could be solved by simply placing more TVs and game consoles throughout the room.

Then I realized how much money this would require!

Those without the ability can't afford it, and those with the ability look down on it, just like Fatty's family, would he even consider this business?

"..."

In fact, the fat man really didn't think much of this business.

His family started running a computer lab in 1994, back when 386 and 486 computers were still in use.

386 costs 3 yuan per hour, 486 costs 4 yuan per hour, only DOS games are available.

Games like Monopoly, Xuan-Yuan Sword 1, Chinese Paladin 1, Romance of the Three Kingdoms: Heroes of the Three Kingdoms, Dune, etc., were released before Red Alert even came out!

At that time, his family sold everything they owned to buy a total of 6 computers, only 1 of which was a 486, the rest were all 386s.

Did you make money? Yes. But it can be summed up in one sentence: students couldn't afford it, and adults wanted to buy on credit.

Those who have experienced it should think about it and see if that's how it is.

So they only operated the business for a year before selling it to someone else at a high price, making a huge profit and running away.

Later, in 1997, after Saturn and PS became popular, CD/DVD shops opened again.

This time, I finally made real money.

Fatty's family lived in the modern era. Their CD room operated for almost seven years before being swept into the dustbin of history by internet cafes.

Some people have said, "Why did you stupidly work on PS for 7 years? You should have just switched to an internet cafe!"

Ladies and gentlemen, you've forgotten, hasn't the fat guy gone to work on bSo back then...?

The CD room was actually always run by Fatty's mother, which was quite simple; she could manage it all by herself.

However, older people are less receptive to new things and are hesitant to try them.

By the time his family started to envy the success of other people's internet cafes, it was already too late.

At that time, taking photos at internet cafes was no longer something his family could afford.

"..."

Seeing that Banggeng seemed to understand, Smiling Tiger said to him, "Fatty once said something to me that left a deep impression on me."

Fatty? What does he have to do with this? Bang Geng instinctively felt disgusted the moment he heard that name.

But the smiling tiger didn't care about his feelings and continued, "He said that no matter what business you do, those who work at the retail level always work the hardest and have the thinnest profits; if you're going to do it, you have to work in the supply chain, upstream! I only understand what Fatty meant when he said that now. Like my childhood friend, he works at the retail level, earning hard-earned money; if we two brothers want to do it, we have to work in the supply chain, upstream. Let me tell you, this business is about reselling imported game consoles. I won't lie to you, the profit per console is at least this much!"

"500?!"

Bang Geng was completely dumbfounded. 500 for one unit? That's too easy money!

The smiling tiger inwardly mocked him, calling him a country bumpkin who had never seen the world.

Isn't that obvious? Smuggling, how could it not be profitable!

What's more, they don't just smuggle; they also find factories to produce counterfeit goods.

Core components are imported, while other components are replaced with domestically produced ones, especially cassette tapes, which are incredibly expensive!

A game can cost several hundred dollars; how many people can afford that?

99 combined into 1 is the only justice!

When the topic turned to the specifics of the business, Smiling Tiger and Bang Geng said, "Even close brothers should keep clear accounts. Doing business requires capital. I won't hide it from you, this time I'm doing this business on my own without telling Boss Li, and You Fengxia has also invested. We each invested 50,000, but it's not enough. I wonder how much you plan to invest?"

The moment money is mentioned, the spiky wilts.

He doesn't have any money!

Why does this sound so familiar?

Seeing that he was stammering and unable to speak, the smiling tiger became anxious: "Say something! We plan to invest around 200,000, divided into 4 parts, with each person taking 25%. How much can you contribute?"

Banggeng gave a polite yet slightly awkward smile...

The smiling tiger was in a hurry: "What about the 20%?"

An awkward smile...

"What about 15%?"

An awkward smile...

"10%, is that alright?"

A smile...

The smiling tiger was stunned: "No way, you can't even come up with 16,000 or 17,000?"

Banggeng simply lowered his head.

Smiling Tiger sighed and patted Bang Geng's shoulder regretfully: "Hey, brother, don't blame me for not taking care of you. It's just that you, this, are too..."

Banggeng knew this was his last chance, and quickly grabbed Smiling Tiger's arm: "Brother Tiger, Brother Tiger, listen to me!"

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