Chapter 34: Beginning to build up one’s power (1/2)
Chapter 34: Beginning to build up one’s power
After she and the other 5 were helped out, Yao Xiaoxue had wanted to treat Zhao Xinglong and Wang Chao out to get a drink of tea as a sign of her thanks. Without declining, Wang Chao allowed himself to be led to a coffee shop and began to chat with the others.
After being introduced everyone, Wang Chao came to know everyone’s names and their connections to one another.
Both Yao Xiaoxue and Zhao Xinglong were both third year university members of the University of Media. The other three female students were from the neighboring university and were majoring in Business. As for the two males, they were majoring in Computer Science.
Because the third year was about to be finished, the upcoming fourth years were already trying to test their social connections for a chance to claim an internship in hopes to get a job later. But Yao Xiaoxue and the others weren’t willing to work under another and were hoping to talk about making a startup over a meal. Not a single one of them thought they would be assaulted by hoodlums however.
“Thank goodness you were there to help us out. Otherwise, who knows what trouble we would have gotten into?”
The two males were both frail in physique and wore glasses on their faces. From their appearances, even if there was just one gangster, they wouldn’t have been able to do anything.
“That’s right, we really have to thank you two. I didn’t think that you were one of the instructors for the Taekwondo dojo!”
The three female students had already knew of Wang Chao’s identity, but they were still curious nonetheless. “You’re not that much younger than us, are you an university student?”
Wang Chao smiled, giving himself a confident air, but he was embarrassed on the inside. He couldn’t just say that he was a third year high school student that hadn’t graduated yet, it would be far too shocking.
Yet his mannerisms had already been disciplined to the point where it was hard to tell what was his genuine personality and what was fake. In two or three phrases, he had managed to divert the topic to what startup Yao Xiaoxue was working on.
“We were planning on renting a store this summer and open an online company. By advertising with several company planners, we would help design web pages. With the technology skills of us two and Yao Xiaoxue and her friends’ skill at business, this won’t require much and will help start us off. This would be a good way to get some real life experience and earn some money at the same time.” The two males were adept at skills relating to the internet, and the more they talked, the more Wang Chao learned from them.
Wang Chao had only practiced martial arts, so any talks regarding computers had gone over his head. But after listening to them, even he had started to learn a few things.
“We’re just lacking in funds at the moment. Yesterday we found a nice looking place Youth Road, but the title deed is quite expensive and is only for one season.” Yao Xiaoxue began to complain about the very first road bump for their startup.
“Just how much money are you lacking?” Wang Chao asked.
“For the renovation, furniture, computers, and other utility bills, we’re short 40,000 RMB.” One of the males spoke, “To be honest, we’ve already designed several web pages and advertising plans for some companies, so we know several people. Right now if we were to start our company, pulling in some clients won’t be a problem.”
TL Note: 40,000 RMB is about 6100 USD.
“Oh, you’ve already some experience? Just how did you do it and did you earn a decent amount? I actually have some interest as well as some extra money, a cooperation doesn’t sound all that bad.” Wang Chao spoke, not realizing his mistake.
“Oh!” Yao Xiaoxue, the three females, and the other two male’s eyes began to shine brightly as if a switch had been flipped. Talking non stop, Yao Xiaoxue pulled out several files of paper that was filled with the pictures and names of several companies and their representatives.
“Starting from just our S Province, we’ve made inquiries for the past year. Just about 10,000 stores don’t have a website. But over half of them have interest in establishing one so they could sell their wares and purchase their necessities online. With the online business model being developed so much, the age of the internet is finally here….”
Yao Xiaoxue’s words continued to pour from her mouth with an inspired tone to them. From time to time, she spoke of her inquiries as if she had been trying to entice people into signing up for a multi leveled scheme. Even Zhao Xinglong who was listening nearby was stunned.
“To not investigate is to not have anything to say. These university students have studied the market extensively. It seems that there is more to university than just playing around.” Wang Chao wasn’t convinced just yet, but from what he had heard, he could concede that there was some merit to going to university.
“In anycase, if a child is found, don’t kill it. I have around 100,000 RMB, should I partner up with them? With the Taekwondo job, even the villa would be properly paid for nor do I have to worry about my living expenses.” Wang Chao thought for a moment before realizing that he couldn’t continue on this path forever. He had only knew how to practice martial arts and knew nothing about business or had any experiences. He wasn’t any better than these university students so it was best if he partnered with them to see the end result. Even if their startup tanked, it would be no major loss to him.
“Then that’s settled. Even I’m interested now. I’ll cover the rest of the costs if I can join in as a partner.” Waiting for Yao Xiaoxue to finish speaking, Wang Chao made his decision.
“Really?” Yao Xiaoxue’s eyes lit up with joy as she began to blink rapidly. Even the other three female students began to make a victorious pose.
“Of course. But first let’s talk. If I become a partner, how is this split up?” Wang Chao asked.
“En, that is a problem. I will have to write it out.” Yao Xiaoxue took out another piece of paper and began to write out several clauses to a contract.
“After the company is established, then the shares will be divided up in accordance to when the startup was first being funded. Every person so far has contributed 5000 RMB for a total of 30,000 RMB. With your 50,000 RMB, that makes a total of 80,000 RMB. This means you would have a share of 62.5%, giving the rest of us 5.5% in stocks per person. There’s also several clauses in regards to the company taxes and legality issues. Take a look, if there’s no problems, then we can have this signed and stamped before giving everyone a copy. There’s still some issues to be worked out in three months. After those three months, we’ll have another meeting to draw up a complete business contract, okay?”
Yao Xiaoxue’s movements had been extraordinarily swift and straightforward, leaving Wang Chao to feel as if she was projecting the air of Zhang Tong.