The Birth of Shanghai's First Conglomerate

Chapter 16 Run, Boy!

Day two of the recharge event.

"Ding, the host's accumulated income has been detected to be 180,000. Would you like to activate random multiplication?"

Day three of the recharge event.

"Ding, the host's accumulated income has been detected to be 260,000. Would you like to activate random multiplication?"

Day four of the recharge event.

"Ding, the host's accumulated income has been detected to be 340,000. Would you like to activate random multiplication?"

Day 5 of the recharge event.

"Ding, the host's accumulated income of 410,000 has been detected. Would you like to activate random multiplication?"

Day 6 of the recharge event…

Day 7 of the recharge event…

"Ding, the host's accumulated income of 540,000 has been detected. Would you like to activate random multiplication?"

Excitement, unparalleled excitement.

It was as if Chen Pingsheng had suddenly opened the door to a new world of making money.

Over the past week, their fruit store's recharge promotion has been getting bigger and bigger.

Over the course of seven days, the total recharge amounted to more than one million.

Based on his 51% shareholding, his actual income is over 500,000.

These are all secondary; the key point is that he discovered a new way to make money with his golden finger.

If he follows the three-step plan when opening his fruit shop in the future, he will surely succeed.

The first step is site selection.

The most important thing when opening a fruit supermarket is to choose a good location.

Secondly, there's the low-price customer acquisition strategy, which involves offering high-quality products at cost price. This can generate a surge in store traffic within three months.

Then comes the most important third step.

That is, by offering discounts and promotions to get customers to deposit money.

This allows him to use future money to increase his daily income.

For example, if we calculate based on the net profit of selling fruit, the more than one million yuan deposited in these seven days would only earn 10% to 15% at most.

But now it's around 80%.

The main issue is that money has come in, but hasn't been spent yet.

That's considered a day's income.

Using this calculation method, he could definitely earn back the investment cost of a fruit store three to five times within three months.

How can you not get rich?
"Turn on."

Sitting in his small office, Chen Pingsheng immediately activated the random multiplication function on the last day of the event.

Two golden dice reappeared, and the first one, quite luckily, rolled a four.

The second one rolled a two.

[Congratulations, host, you have received a random six-fold boost.]

[Your Alipay account has received 3.24 million yuan, leaving a balance of 3.54 million yuan.]

He's rich now, he's finally rich.

With the addition of the previous 300,000 yuan, the balance on the card has exceeded one million yuan for the first time.

Having over three million at once gave him a sense of excitement, like a poor person suddenly becoming rich.

Now that the promotion has stopped, the store's revenue has dropped to the normal daily turnover of 10,000 to 20,000 yuan.

This is all normal; after all, people who have invested money are bound to spend it.

Using credit cards for purchases will reduce cash flow.

After the Lunar New Year holidays, the weather warmed up a bit.

Song Yanxi was wearing a professional-looking suit.

He wore a white shirt on top, black slim-fit trousers on the bottom, and a light down jacket as an outer layer.

She was incredibly beautiful, with a slender waist and a round, perky bottom.

The more I watch it, the more I like it.

"Honey, this is the first time I've managed over a million yuan. Should we be careful when we go out?"

As the manager of Tengsheng Supermarket, Song Yanxi is indeed managing over a million yuan. It's all money deposited by customers.

If she knew that Chen Pingsheng had more than three million yuan in his account, she would be incredibly excited.

There's so much money that its source can't be explained all at once.

Chen Pingsheng didn't intend to tell her now.

Song Yanxi also works very hard, arriving at the store at eight o'clock every day and not getting off work until after nine o'clock at night.

They work more than ten hours a day.

However, she is the boss's wife, working for herself, which is tiring but also enjoyable.

Chen Pingsheng laughed at her: "Each of those houses behind us costs several million. Do you think the people living in them don't worry about the building collapsing every night?"

He pulled up a stool for her to sit next to him, saying this to put her mind at ease.

It's only a little over a million.

In Beijing, if you just throw a brick down from a residential building, you're guaranteed to become a millionaire.

Housing prices are what they are; they can't go lower even if they wanted to.

Song Yanxi smiled gently, her eyes darting around as she said, "I'm just a little worried about managing so much money all at once."

"What's there to worry about?"

Chen Pingsheng said solemnly, "Yanxi, after this round of recharges, it's definitely not suitable for our store to hold any more large-scale recharge events for several months. So I'm thinking, let's use these customers' money to open another store next month."

Without his cheat-like abilities, Chen Pingsheng certainly wouldn't be in such a hurry.

The main thing is to keep the business stable, which means we have to settle down and work things out for a while.

The key concern is the potential for major cash flow problems, as many companies have collapsed during rapid expansion in this way.

Having a cheat code makes all the difference.

We plan to open another Tengsheng Fruit Supermarket, with an estimated investment of one million yuan.

Even if we don't make a single penny in the first two months, as long as we increase customer traffic, we can launch a big recharge promotion.

That way, he can instantly recoup all his costs and make a huge profit.

This deal couldn't be more worthwhile.

It was more than a hundred times higher than his income from setting up a street stall.

Song Yanxi was stunned for a moment, mainly because she felt that her husband seemed to have changed.

He used to be very steady in his work, and would never be as reckless as he is now.

They've only been open for a short time, and they're already talking about opening a branch.

Absolutely not.

"Honey, are you getting too big for your britches? Our store has only been open for a few days and you're already thinking of opening a branch?"

Song Yanxi felt it was necessary to remind him: "This million or so of ours is not profit. It's just money that someone else put with us first. If we use this money to open a store, and then we can't keep up with the funding later, we'll be in big trouble."

It's true that she said that, but that's based on the fact that he didn't know he had a cheat code.

Chen Pingsheng smiled calmly, having already come up with a reason.

“What you said makes sense, but there’s one thing you haven’t considered. That is, the fruit wholesale market. If we open another one, the volume of our purchases will be even larger. Then we can negotiate to settle accounts every ten days or even every month. With the wholesalers’ money tied up in our hands, our cash flow will definitely not be a problem.”

This is quite understandable.

It's essentially a triangular debt; the more stores you have, the more negotiable you become.

That's why they say the more retail stores you have, the easier it is to manage them.

The main advantage lies in various aspects, which will emerge as more stores open.

Take this purchase price, for example.

Can a daily income of 10,000 be the same as a daily income of 1 million?

Although Song Yanxi felt that what he said made sense, she still felt that it was too rash.

Chen Pingsheng couldn't convince her all at once, so he had to go find a storefront himself.

He still has over three million yuan in his account, and he feels he would be letting himself down if he didn't open a store immediately.

If we don't get moving quickly, how can we afford to buy a house outright in a few months?

That's right, he no longer wants to make a down payment on a house.

Full payment is required.

(End of this chapter)