The Birth of Shanghai's First Conglomerate

Jinshan, a street.

July is the height of summer, and it's also school holiday.

Because of the illness, there weren't as many people shopping as before, but Su Lele and her best friend Yang Yao were still on the street looking for a milk tea shop to order a couple of cups of milk tea and rest.

Looking around, there are at least seven or eight milk tea shops on the street, if not ten.

They usually love drinking boba milk tea, but they'll also try out newly opened milk tea shops.

Today I saw a really unique new milk tea shop called "DaDaDa".

Most milk tea shops have at most two storefronts, and that's about it.

This one is obviously different; its area is at least four or five hundred square meters.

Su Lele was surprised; it was the first time she had ever seen such a large milk tea shop.

It's almost as big as Starbucks, is this still a milk tea shop?

The two went inside, and the waiter at the door was extremely polite, greeting them with overly enthusiastic welcome.

The two of them went to the front desk to order a small cup of milk tea. How much milk tea can two girls drink?

I asked the front desk and found out that they only serve large, extra-large, and even extra-extra-large milk tea.

After some hesitation, the two ordered a large glass.

As a result, the waiter brought out a small bucket, which was estimated to be enough for at least five people to finish.

This is still the smallest large cup. If it were a super large cup, how big would it be?
They originally wanted to order milk tea to drink slowly, but who knew they had to hold it to drink it.

The second girl ran over and asked them, "Sisters, is the milk tea delicious?"

Her father asked her to make money, and she took it very seriously.

This huge milk tea shop was a decision she made on a whim.

Once inspiration strikes, the money just disappears.

Su Lele really wanted to say, "Are you serious about making milk tea so big?"
Erpiya was also opening for business for the first time, and she wanted to make money as soon as she opened. However, she only came once and never came back.

Chen Pingsheng also came to see her, and Erpiya was a little confused.

"Dad, would you like a super big milk tea too?"

"I'll come to you, my foot."

Chen Pingsheng said with dissatisfaction, "Have you ever seen someone drinking milk tea while carrying a bucket?"

"Of course not."

Erpiya said in a serious tone, "My mother taught me from a young age that doing business means doing what others don't do. Everyone sells small cups, but I sell big buckets. I'm the only one doing this business. Isn't that great?"

Chen Pingsheng: "..."

"Fine... you have a whole bunch of ridiculous excuses. If you don't accomplish anything this year, I'll cut off your allowance next year."

He snorted and left.

It's just a milk tea shop with an investment of over five million yuan.

It's okay if we lose money.

The key is this silly girl's brain; I never know what she's thinking all day long.

She dared to think of making milk tea from a water bucket as a creative idea.

Erpiya stroked her chin thoughtfully. This business isn't doing so well. What exactly went wrong?

She called a meeting with people from the three major companies.

Zhang Qi was the first to speak, saying it was most likely because others couldn't finish their drinks.

Erpiya said that if she couldn't finish it, she wouldn't save it for next time.

Zhang Qi said that milk tea cannot be saved for next time.

"Oh, I see," Erpiya suddenly realized and immediately came up with a new idea.

If I can't finish the big, big ones, can I at least sell the small ones?
In less than three days, she changed her method of drinking large buckets of milk tea to drinking it in one gulp.

Insert a tube, smack your lips... and it's gone!
After selling milk tea for a few days, Er Yatou suddenly felt that this business was meaningless, as the rent was 3,800 yuan per day.

Daily turnover is 380.

The turnover is 3,500 short of the rent, what's the point of continuing?

Erpiya posted a red paper outside, announcing the failure of the milk tea shop.

No matter who asks her, the reason is always her illness. If she didn't have an illness, would she have closed down so quickly?

nonexistent.

The others didn't interrupt, letting her blow whatever she wanted.

If she doesn't work harder, she might have to go back to skewering lamb skewers one day.

Second Sister has plenty of money; losing a few million is nothing to her.

This time, she made a decision on a whim again, doing whatever came to mind.

The downside is that she'll definitely fail, but the upside is that after failing, she'll ask others for advice.

The more failures you experience, the more questions you have to ask.

Chen Pingsheng ignored her, but asked Tang Jing and her sister to keep an eye on her.

Erpiya touched the curly hair on her head, feeling worried about life.

I'm losing all my hair, it's awful.

Unfortunately, her "Second Clever" account can no longer receive gifts or tips, let alone do live-streaming e-commerce.

That's too difficult.

Time flew by and it was July 10th.

After Tengyou Media's No. 9 Warehouse went public, its stock price rose steadily.

As a result, Tengyou's stock price has also risen significantly, showing a strong trend of exceeding 1600 billion.

Secretary Zhang Wanyi has become a veritable new generation of working queen.

She has achieved great success; even if she retires now, she will be financially independent for the rest of her life.

His old classmate Yao Anni also came to see him. Now that No. 9 Warehouse has gone public, she, the former founder, has naturally achieved financial freedom.

That's the benefit of going public; it allows you to recoup all the money from the founders and investors at once.

Nine Warehouses was completely merged into Tencent Media.

She also plans to withdraw the money and start a second or third business.

These are not major issues.

In mid-July, the Tengying Management College was fully completed.

Chen Pingsheng led his team to visit the site and also took the opportunity to build a teaching staff there.

Because it is geared towards small and medium-sized entrepreneurs, all teachers must have some entrepreneurial experience.

In addition to targeting small and medium-sized entrepreneurs in society, it will also target the management team of Tengying Group itself.

It mainly involves the basic management of stores. Don't underestimate this group; there are quite a few of them.

Once the enrollment here is complete, he will often come and teach or something like that.

When Chen Pingsheng returned home that evening, he found Erpiya there as well.

That's quite rare. Er Ya Tou goes to the three major companies whenever she has free time, and she won't come back until she's tired and wants to sleep.

"Dad, you're back."

"You're being unusually attentive; you're probably up to no good again."

"How could that be?" Er Yatou pouted and said, "Dad, didn't you tell me to start a business and make money? I did it today."

"How did you do it?"

“I secretly took out my sister’s golden bowl, then squatted at the door, and Grandma gave me a dollar.”

"boring."

Chen Pingsheng didn't want to talk to her; this little girl was at the age where she was very talkative.

They can drag you into a long, rambling conversation all day long, about all sorts of random things.

She's quit her bubble tea shop and is now preparing to sell huge snacks.

She can't source these snacks herself; they need to be specially supplied by the manufacturer.

Er Yatou came here to say this: the milk tea is too big to finish, but snacks are always an option.

Even if we finish eating today, there's still tomorrow.

Chen Pingsheng couldn't understand her thinking. Why was she so fixated on such a big deal when it was just opening a shop?
(End of this chapter)