Reaching the age of thirty, my income randomly doubled-Chapter 846 - 645: The Matter of Resources_2

But she also has her ways. Can’t she use advanced technology because she’s not strong enough?

He happened to want to go fishing too, so the father and daughter took advantage of the early evening light to quickly secure a good spot downstairs.

He used a three-meter-long fishing rod, which Er Piya couldn’t handle, so she used a one and a half meter one, and also had a sea fishing rod.

When a fish bites the hook, just reel it in.

Originally, Er Piya wasn’t very interested in these things, but recently she became fascinated with fishing.

While fishing, she’d also do a little livestream.

Anyway, the lake belongs to her family, so if she catches a fish over four or five pounds, she can be happy for a long time.

No matter what, Er Ya is just a little girl of seven or eight, with the typical personality of a young girl.

She loves to play and cause a bit of mischief.

Her older sister is even better, fishing with a super long line directly from the rooftop.

Someone below helps keep an eye on things, and as soon as a fish bites the hook, the small bell upstairs rings immediately.

Chen An’an only needs to reel in the fish from above, and once it’s brought nearby, someone helps her retrieve it, re-bait the hook, and lower it again.

Seeing this setup, Er Piya also set up two fishing rods on the rooftop.

Sitting leisurely, she can fish comfortably.

Their household’s daily life is quite relaxing, though they can’t travel around, the home is spacious enough.

Chen Pingsheng even went to the rooftop himself to grill barbecue and invited his younger sister to join.

Although December is approaching, the temperature isn’t too cold yet, and his younger sister is busy every day until late at night.

She’s finally no longer as leisurely as before, instead taking her career seriously now.

As for Song Jun and Zhang Sitong, after switching to the Chinese fast food business, their daily life is also quite good.

They even moved to this area, living in an apartment on the eighth floor.

Fast food is still pretty easy to handle, at least much better than those large restaurant chains in terms of takeout.

Small shops can pivot easily, and factually, their decision to switch to Chinese fast food was a wise choice.

While grilling chicken wings, Chen Pingsheng asked them, "You two, your fast food place, now making over a million a month shouldn’t be a problem, right?"

"Last month, we made over 900,000, but we’re still expanding rapidly."

Zhang Sitong was also very pleased. Choosing Song Jun back then was because of the Chen Family’s background, and it proved to be the right step.

This really is finding shelter under a big tree. With the Chen Family’s support, everything they’re doing goes smoothly.

There’s no worry about unnecessary things.

They’ve opened dozens of fast food chain stores in a few years.

Unlike Fei Yangyang, they have decent profits every month.

In a year, earning tens of millions with ease allows them to live comfortably in the Magic City.

As for those chain fast food restaurants invested by the Dream Fund, they’re almost ready to go public.

This was really unexpected. Before, the first choice for dining was to go to big restaurants, but now most people opt for small shops.

The rent and operational cost of big stores far exceed these fast-food-style small shops.

It can be said that in the entire catering industry, it’s getting harder and harder for big shops to make money, while small shops are doing fine, accumulating profits bit by bit.

"That’s not bad, you two have achieved a little success. Steady for a few years, and you’ll reach financial freedom."

"Thanks, big brother. We don’t aspire to become a listed company. Just maintaining stability is good enough."

"Brother... I want to go public. Can you teach me?"

Chen Qi is now ambitious, always feeling like he could step forward to become the Cheongsam Queen in the country.

"Does going public even need teaching? It’s such a simple thing."

Chen Pingsheng said, "Going public is just a game of capital. As long as you want, your brother can easily make your cheongsam company worth billions in a year!"

"Brother, are you serious?"

"What’s there to be serious about? It’s a simple matter."

Chen Pingsheng said, "Let your sister-in-law buy you a shell company, then package and acquire your cheongsam company with tens of billions, and then constantly transfer billions from left hand to right hand, raising the stock price. Don’t mention a billion-dollar valuation, if your brother wants, he can make it a few billion easily."

Chen Qi’s eyes lit up, almost unable to contain her excitement, "Then brother, quickly help me with it!"

"You’re dreaming."

Chen Pingsheng mercilessly shot her down, "There are plenty of companies in the country that went public using such methods. If your brother plays like this, wouldn’t it ruin all the reputation accumulated over the years?"

"It can’t be that bad, right? Anyway, big brother, your resources are abundant. Helping your sister set up a public company should be very easy."

"Easy, sure it’s easy, but after going public, you have to be responsible to all the shareholders and investors. Are you sure you’re capable of that?"

Chen Pingsheng warned her, "Little sister, don’t say your brother didn’t remind you. Our family doesn’t lack money, and we won’t use such low-level capital tricks to scam investors and retail investors. If you really want to go public, it has to be when you’re sure your company can achieve long-term profitability. Our family will never engage in such deceitful practices."

Alright... Chen Qi was warned again.

In fact, she knows her older brother can easily create the equivalent of two listed companies.

The resources he holds can only be described as astonishingly abundant.

But one thing is also true, it’s that all the companies of Tengying Group that went public have been steadily profitable except when affected by illnesses.

This is considered very good in the eyes of investors.

Although they’ve gone through multiple ups and downs, because of stable financial reports, they’re always able to recover.

As long as you don’t buy at high and sell at low, holding them for the long term can make you some money.

This is already considered quite good in the country, at least there’s no Ponzi scheme involved.

Going public is challenging because it’s a step not yet reached.

Chen Qi’s cheongsam shop currently has a working capital of 300 million.

Purchase of the headquarters cost 700 million to 800 million, hired Yang Mi and Liu Yifei as spokespeople, and later used Teng You Media’s resources for extensive advertising on short videos.

It’s safe to say that if this business venture failed, Chen Qi would just settle for being a wealthy sister.

Moreover, her sister-in-law even set up a cheongsam exhibition hall for her in all the Water Cloud Space stores in the Magic City.

Given the entrepreneurial resources she possesses, ordinary people can’t even imagine it.

Just like many first-generation entrepreneurs in the country, aside from those who emerged in the 1980s and 1990s truly willing to risk it all and start from scratch.

After the year 2000, there are very few who’ve truly started from nothing to become extraordinarily wealthy.

Just like the founder of Tencent, he received a 20 million investment from Li Zeqiang because his father had connections with Li Ka-shing.

And the founder of Vanke, his father-in-law back then was of a very high rank.

In conclusion, as we move forward, the class divisions will unquestionably become more solidified.

By the 21st century, those who haven’t undergone training since childhood find it almost impossible to make it in the entrepreneurial path, not even being able to afford the basic cost of trial and error.

Experiencing such failures in middle age could create severe personal consequences.

This is an insoluble problem; it’s just one of the reasons.

Primarily, resources are limited.

As they say, the marketplace is like a battlefield; it’s always big fish eating small fish.

Chen Pingsheng realized this a long time ago. He just didn’t discuss it with his family.

Mainly because their family is already at the top, among those who control resources.

As time goes on, their planning only intensifies.

Just like how he sent his eldest sister’s two daughters to sit for civil exams and later arranged marriages for them.

This is the ultimate path for a family to remain prosperous for years, even taking someone like him ten to twenty years, or even longer, to start achieving such things.

Not to mention ordinary people.

So, enduring hardship doesn’t accumulate blessings; it’s just a top-level scam.

It’s just to encourage those who’re a bit more naïve.

The true masters are never those who emerged from hardship.

They’re crafted from an abundance of resources, just as Chen Pingsheng understands his little sister Chen Qi’s capability.

Even his eldest sister’s two daughters, apart from having decent grades, are lacking in many areas.

But what does that matter?

It won’t affect their future as upper-class individuals. It has nothing to do with enduring hardship but with the resources he’s seized control of.