Chapter 203 Ma Huazhuo's proposal to open an Internet cafe
"…Should we pass the news on to the Goldman Sachs branch?" Wu Xiuying quickly thought of Leon John, a foreigner who had many investment collaborations with Zhang Junfeng. He was also involved in the shorting of the Hang Seng Index this time.
“No need to tell them, lest this guy be absent-minded all day long. He’s afraid that he’ll earn less if he invests less, and he’s even more afraid that the market will change suddenly when he wakes up, and he won’t have time to withdraw and suffer huge losses. This guy complained to me some time ago that he was under too much pressure and had lost a lot of hair…”, Zhang Junfeng remembered the complaints he heard when he met Leon John a few days ago, and quickly made a "humane" arrangement.
"Haha, boss, you're a very nice person! But isn't this Mr. John too 'unfortunate'?" Hearing what Zhang Junfeng said, Wu Xiuying burst out laughing. When she thought of Leon John, this serious-looking middle-aged foreigner who was about to go bald, she couldn't help but want to laugh.
"Hey, it's fine if you say some things in front of me. But if there are outsiders around, you can't discuss other people's right and wrong, so as not to cause trouble~!" Seeing Wu Xiuying laughing so happily, how could Zhang Junfeng not know her little thoughts? Don't get used to laughing and joking on weekdays, and then fail at the critical moment, that would be bad.
"Okay, boss. I'll pay attention to it." Wu Xiuying nodded pitifully at Zhang Junfeng, and her expression changed very quickly and smoothly.
…
Not long after Wu Xiuying left the office, Zhang Junfeng, who was watching the news on TV idly, suddenly received a call from Longguo.
"Mr. Zhang, I'm Ma Hua from Penguin Company. I want to ask your opinion on something. Internet cafes are popping up in some cities in Dragon Country, attracting many young people. The number of people using the Internet has also increased slightly in the past two months."
"After some discussion, the company's management plans to build some Internet cafes in cities around Pengcheng. This will not only help the company increase revenue, but also promote our company's Little Penguin communication software and two games in Internet cafes in disguise. It can be said to be 'killing two birds with one stone', but there is some pressure on the funding..."
Listening to Ma Hua's description of the plan to invest in opening an Internet cafe on the other end of the phone, Zhang Junfeng also became interested.
Perhaps a few years ago, the cost of opening a large or medium-sized Internet cafe would have been extremely high. After all, large multi-functional computers were not yet popular, and the price of personal computers was also high, which greatly limited the opportunities for ordinary people to use computers.
As the Internet became more popular and computer prices continued to fall, Internet cafes began to emerge. In the mid-to-late 1990s, Internet cafes sprang up all over the world.
These Internet cafes usually provide high-speed Internet access, games, printing services, social entertainment, etc. Young people are also the main users of these Internet cafes, where they play games, chat, study and kill time.
…
The proposal put forward by MCA is indeed quite good, but according to the plan put forward by MCA, there will be considerable pressure in terms of funding.
To open a medium-sized Internet cafe equipped with 50 computers, the initial investment, including the site rental fee and labor costs, is about 400,000 RMB.
According to their plan, it would be best to open about 40 to 50 chain Internet cafes in coastal areas and cities such as Guangdong Province, Fujian Province, Zhejiang Province and Shanghai. This will not only create economies of scale, but also allow them to take root in the emerging Internet cafe industry and get a share of the pie.
Taking all the expenses into account, it would cost nearly 20 million RMB. The 5 million US dollars (about 35 million RMB) provided by Zhang Junfeng at the beginning, minus the expenses of setting up the company, setting up servers, recruiting staff, etc. in the past few months, would almost spend 80% of the company's remaining cash.
If there is any problem in the company's operation, it will be difficult to turn around with the remaining 3-4 million RMB in the account! ...
After thinking for a moment, Zhang Junfeng decisively agreed to Ma Huazhuo's seemingly risky idea, and smiled and advised, "Boss Ma, just act according to the plan. If the company's account is not enough, you can boldly apply for a loan from a bank in Longguo."
"If the loan cannot be repaid in the future, I will allocate funds to solve all the problems of Penguin Company!"
After receiving a positive response from Zhang Junfeng, Ma Huazhuo was obviously relieved. He was really worried that his bold cross-industry development plan would be rejected by Zhang Junfeng. After all, opening an Internet cafe was somewhat different from their original intention of opening an Internet company.
Fortunately, Zhang Junfeng's affirmative reply made him feel completely at ease. After ending the call with Zhang Junfeng, Ma Huazhuo quickly asked his subordinates to convene a meeting of the company's senior executives to discuss the "Internet cafe plan" to be promoted next! ...
After Zhang Junfeng hung up the phone, he felt a sense of emotion. He never expected that there would be such an unexpected change in this life. Pony Ma, who was keen on researching and learning from other people's popular software, would actually actively engage in industry.
However, opening an Internet cafe is indeed one of the few high-profit and high-yield investment projects currently. With an investment of around RMB 400,000 to open an Internet cafe, the annual revenue can easily exceed one million. After deducting costs and various expenses, the investment can be easily recovered in less than a year.
Moreover, the subsequent operating income is almost all pure profit. In the past, many "millionaires" who made fortunes early seized the extremely profitable investment project of opening Internet cafes! "...Perhaps in addition to Longguo, Goryeo can also try to open some Internet cafes. In this way, the idle real estate that was taken back from debt collection can be utilized. There are many benefits!"
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
Zhang Junfeng rubbed his stubbled chin, and soon came up with a preliminary idea in his mind. After all, such a profitable and stable business, even if he didn't need it, he could arrange for someone else to manage it! Zhang Junfeng quickly called Jin Youdao and told him about the plan to open a chain of Internet cafes, intending to arrange for Black Panther Security Company to arrange for people to operate and manage it.
However, Jin Youdao was a little worried about the unfamiliar Internet cafe industry. He was not sure where to get the computer equipment needed to open an Internet cafe.
"You guy, I tell you to read more books and watch more news when you have time. You need to keep up with the trend of the times, so that you can find suitable money-making channels among the many pieces of information. Internet cafes are one of the most profitable outlets in the past two years. If you run it, the revenue of several companies and the income of all employees will be improved to a certain extent!" Zhang Junfeng mentioned it helplessly and explained to the other party, which made Jin Youdao realize the importance of this Internet cafe.
(End of this chapter)