Hong Kong Variety Show: Me, the Traffic Enforcement and Control Team?

And very soon!

Lin Zhengyi then arrived at Lin Yaodong's doorstep.

"Dong dong!"

Knocked on the door.

"Creak!"

A few seconds later, the door opened.

What came into Lin Zhengyi's view was Lin Yaodong, who had changed drastically.

A white shirt, black trousers, black leather shoes, and thick glasses give him a refined and scholarly look.

"Brother Justice!"

After greeting him, Lin Yaodong quickly stepped aside, making a gesture of invitation.

See it!

Lin Zhengyi then took the fruit and went inside.

Upon entering, he immediately noticed a table full of books.

Upon closer inspection, one can also find the words "university textbook" in the corner of the book.

"You can even read university textbooks?" Lin Zhengyi asked in surprise after placing the fruit on the table.

"Isn't there Hong Kong University nearby? A while ago, out of curiosity, I sneaked in and listened to a few classes on finance, markets, and real estate development. I understood some of it and felt I benefited a lot, but I still couldn't understand most of it, so I've been cramming on university knowledge lately!" Lin Yaodong said embarrassedly.

Hong Kong University does not prohibit outsiders from visiting, so it is quite easy to sneak in.

"Oh!"

Lin Zhengyi suddenly realized and said seriously, "Studying is good, studying makes people progress!"

"By the way, Brother Zhengyi, you've come at the right time. I have something to discuss with you!" Lin Yaodong said again.

"whats the matter?"

Lin Zhengyi asked curiously.

“Recently, I’ve been thinking of resigning from my job. I want to try starting my own business!” Lin Yaodong said quickly.

"oh!?"

Lin Zhengyi raised an eyebrow and asked, "What kind of business are you planning to start?"

"real estate!"

Lin Yaodong said seriously, "Recently, I have studied the development of various industries in Hong Kong. In the end, I think that although there are already many large companies in Hong Kong, there is still great potential in the real estate industry."

"Hong Kong currently has a shortage of housing and a large population. Moreover, as one of the world's economic centers, there is a continuous influx of foreign people. With all these factors combined, I believe that the real estate market will continue to flourish in the future, so I want to take advantage of this opportunity to get a piece of the pie!"

As soon as these words came out!

"I never expected Lin Yaodong to have such a discerning eye," Lin Zhengyi thought to himself.

He knew exactly how good Hong Kong's real estate market would be in the future.

Although there are already many large real estate companies in Hong Kong, entering now might not get you the biggest slice of the pie, but you can still get a share.

Lin Yaodong has a really good eye.

Lin Zhengyi thought for a moment, then asked curiously, "Is this something you learned in college?"

"It's partly due to the combined information from newspapers, magazines, and other sources that led me to this decision!" Lin Yaodong said solemnly.

Lin Zhengyi nodded and then said, "Real estate is a good industry, but the entry requirements are quite high. How do you get started?"

Chapter 237 East-facing Architecture

"I don't plan to develop real estate directly; I plan to start as a construction contractor!"

Lin Yaodong explained, "The entry requirements for a contractor are not high. As long as you can gather workers, that's enough. So I started by getting started in the contractor industry. Later, after I grew my business, I got involved in real estate."

"With the experience of a contractor, it will be easier to enter the real estate industry later."

Hear this.

"The requirements for becoming a contractor aren't high, but there are two issues you need to address. First, where will your workers come from? Second, contractors generally have to advance funds; do you have that kind of money?" Lin Zhengyi asked.

Advance payment is a problem that contractors can hardly avoid.

Before I traveled through time, there were many news reports about contractors defaulting on wages.

However, apart from a few cases where the delays were genuine, the vast majority were due to real estate developers owing them money, leaving them with no funds and thus forcing them to default on workers' wages.

This is also the most difficult point for Lin Yaodong.

He has no money!

Therefore, he cannot provide advance funding.

If you can't provide upfront funding, then it's almost impossible to get any work.

Without any work, there's no point in talking about what happens next.

"As for the workers, I've decided to recruit from my fellow countrymen in mainland China. I've already investigated the surrounding construction sites and found that although most of the workers on the sites are from mainland China and Hong Kong, the treatment is different!"

"Because of the existence of those gangsters who steal and commit crimes, mainlanders generally have a bad reputation in Hong Kong. Contractors think they are prone to causing trouble, so they are unwilling to hire them."

"Moreover, even if we accept their wages, the pay they give is only about 60-70% of what a normal Hong Konger would receive. If I step forward, using my status as a mainlander and without discrimination, and offer them a little more, say 70-80%, I think they would be more willing to work with me!"

"As for advance payment, it is indeed a problem, but I have also investigated. Most construction sites need to advance payment, but there are also kind real estate developers who do not need to advance payment. I can contact them!" Lin Yaodong continued to explain.

Listen!

"Alright, let's pretend none of this is a problem!"

Lin Zhengyi nodded, then added, "But have you considered that while you can hire them, why would they hire you? Other contractors would probably be scrambling to do construction sites that don't require upfront investment, right?"

Lin Yaodong smiled slightly and said confidently, "People from the mainland ask for lower wages, and most of them come here to find a way to make a living only because they have no other options. Under these circumstances, they are more willing to work here."

"If I'm willing to do it and the wages are low, it means my costs are low and the construction period will be shorter. If I offer a shorter construction period and lower wages as conditions, I'm sure the real estate developers will be willing to give it to me."

"After all, nobody can turn down money!"

Hear this!

"Okay, even if these aren't major problems, there's one more issue you need to resolve regarding the club!"

Lin Zhengyi nodded in agreement, then added seriously, "In Hong Kong, triads collect protection money, but it's not just merchants on commercial streets who have to pay. Every business has to pay. For example, when filming a movie, the production team will treat the local thugs to a meal and give them a red envelope as protection money."

"The same principle applies to contractors. If they want to start construction in this area, they need to give the local bullies a bribe. If they don't, the local bullies will send people to cause trouble and interfere with their work. If that affects the construction schedule, the real estate developers will not stand by and make them get rid of them."

"In this respect, it is a natural disadvantage for you."

“Normally, you could pay, but you don’t have the money, so you can’t. And as a mainlander who’s new to Hong Kong, you’re less likely to know who the local bigwigs are compared to those experienced contractors.”

"When the time comes, if you can't find the local bully, you won't be able to pay the money, and the local bully will definitely cause you trouble. Moreover, as an inlander, even if you manage to find the local bully first through some means, these days, most people in this place look down on inlanders, and the local bully may not be willing to accept your money!"

Lin Yaodong listened, a fierce glint flashing in his eyes. He spoke in a chillingly calm tone, "Actually, I've thought of all this before. I know I have a natural disadvantage in this area!"

"My thinking is that since it's harder for me to find local bullies and pay them money than for others, I might as well not pay at all!"

"If they want to cause trouble, let them know what it means to have nothing to lose."

this moment!

Lin Zhengyi looked at Lin Yaodong and vaguely saw a hint of the future Uncle Dong's aura.

"No wonder he's the future Uncle Dong. Even when he was young, he wasn't someone to be trifled with!" Lin Zhengyi thought to himself.

immediately!

"Understood!"

After saying that, he didn't ask any more questions. He went straight to the point and said, "Since that's the case, then I'll help you out again. I'll invest five million in you so you can start a construction company. We'll split the shares 50/50. With this five million, you can even take on construction sites that require upfront funding."

Hear this!

Lin Yaodong was taken aback at first, then quickly said, "Brother Zhengyi, you really don't need to help me like this. Besides, it's five million. What if we lose it?"

Five million is still an astronomical figure for him now.

Therefore, he was afraid of what would happen if he lost money.

Lin Zhengyi smiled slightly and said, "We're brothers, isn't it only right that I help you? Besides, it's just five million, so what if you lose it? Consider it a learning experience for you."

"With this experience, you won't fail again next time you start a business, right?"

Brothers, you know.

Hearing the words again and feeling Lin Zhengyi's trust in him, Lin Yaodong felt a surge of emotion.

finally!

After hesitating and agonizing for a long time, he made a decision and said, "Then I'll shamelessly accept this money. When I start the company, the shares will be split 30/70, and I'll take 30%!"

That's right!

He still decided to accept the five million.

the reason is simple.

On the one hand, he sensed Lin Zhengyi's trust in him.

On the one hand, he was somewhat confident that he wouldn't fail.

Given this premise, and considering that he really needed money to start a business, he took on the project.

However, while agreeing, he chose to take only 30%.

Five million!

Even billionaires wouldn't easily give it to their relatives, right?

This shows just how much Lin Zhengyi trusts himself.

Since others trust him, he naturally reciprocates in kind.

"Thirty percent? That's too little! How about fifty percent?" Lin Zhengyi quickly said.

"No, it has to be 30%, otherwise I won't take the money!" Lin Yaodong said seriously.