Chapter 161 - Rekindling Old Mas Passion (1/2)

Pei Qian heaved a sigh of relief in the car after he left the Fish-Catching Internet Cafe. He was absolutely treading on thin ice.

This is so tough for me!

Pei Qian recalled the things that happened today. If he had discovered it one or two weeks later, the situation might have gone out of control. When that happened, not only would problems crop up in the Fish-Catching Internet Cafe, but the efforts spent on all the other projects would also be wasted!

“Fortunately, I have everything under control in my hands and have resolved the situation before it took a turn for the worst. Not only did I successfully console Old Ma, but I have also managed to clear out all potential risks. This is simply a perfect strategy to resolve the situation.

“I am indeed a genius!”

Pei Qian was worried that this incident would deal a terrible blow to Ma Yang such that he would not be able to recover from the setback. Therefore, he built a castle in the sky for Ma Yang at the end.

Of course, Pei Qian’s words were not entirely true. However, the ‘castle’ that he had built for Ma Yang was different from what other bosses would say.

The ‘castles’ that other bosses built were complete lies. But, Pei Qian was different. He did plan on fulfilling his promise.

Ma Yang’s actions gave Pei Qian a reminder. It made him think of the live-streaming industry.

Pei Qian was certain that in the next few years, live-streaming would quickly become a valuable investment opportunity. The war between live-stream platforms would soon erupt. People’s lifestyles would be changed dramatically.

However, who said that investment opportunities would guarantee profits?

Choosing the right investment opportunity could indeed help one build a huge business empire. However, there was an even greater chance of being burned to ashes in the battle of financial power. In the end, most people would leave the scene in dejection.

After all, other people were not blind. If one could see this investment opportunity, others could as well.

In the internet age, one’s financial power determined if he could ultimately win this investment opportunity.

Many companies burned money in terms of hundreds of millions. Pei Qian questioned himself if he was willing to burn the money. The answer in his heart was a yes. Yet, the ultimate problem was that Tengda did not have enough money for him to burn.

Whatever the case, the most important thing was that he must be able to lose money!

Pei Qian knew many classic case studies where companies consistently lost money:

The ofo yellow bikes (a bicycle-sharing service), Didi Chuxing (a ride-hailing service), Meituan Food Delivery, Panda TV (a live-stream platform), JD Logistics…

Weren’t all these great examples of losing money?

Pei Qian felt that as long as he chose one of those case studies to copy, he would be able to lose money consistently. He could then use the system’s money to fill the money hole. Wouldn’t that be amazing?

Pei Qian did not do these previously as he had to meet certain criteria before he could step foot into those industries. He did not even have the money to create a shell for the projects, not to mention the operating costs.

However, during this period, Pei Qian realized that his goal was gradually moving towards losing tens of millions. Therefore, he would naturally plan his projects with the aim of reaching this targeted amount in mind.

Of course, he had to contemplate further on his detailed strategies.

After all, the system regulated that the settlement date would be postponed in the event when there were unfinished products.

If Pei Qian decided to enter a certain industry unprepared and his capital chain ruptured in the production stages, he would not be able to reach a settlement. Neither would he have enough money to continue with the production. He would then be stuck in an awkward situation.

If he could successfully lose money during these two cycles, he would choose not to enter those industries for the moment.

If he had profited again for some unknown reasons…

Boss Pei would then go down the road of no return in terms of giving money away.

Amongst the many choices, live-stream sounded like a good option. Pei Qian wanted to comfort Ma Yang after seeing how upset he was. Thus, he decided to give Ma Yang the title of the CEO of Fish-Catching TV.

He could also claim that the idea for Fish-Catching TV came from the display screen that Ma Yang placed in the Fish-Catching Internet Cafe.

…

June 3rd…

The other two Fish-Catching Internet Cafes had opened its doors to customers. Pei Qian was there personally. He was finally assured after seeing how empty the two stores were with his own eyes.

Ma Yang and Zhang Yuan were there, too. However, Ma Yang seemed a little confused and depressed.

Pei Qian pulled Zhang Yuan over to one side secretly. “I feel like Old Ma seems to be out of sorts.”