Reborn as a female internet celebrity in a county town

Chapter 239 The Paths Taken by Many Top Billionaires
Right!
Song Zhiyuan finally felt it was right!

A guy like Lin Lang, who has such a powerful company as Tianjin Capital at such a young age, shouldn't be going back to the county town at all.

He must have had another purpose in coming back.

Exploring new money distribution systems—such an amazing project is exactly what someone his age should be like.

Given his existing achievements, he has every reason to be proud, and it's only natural that he wants something at a higher level now.

He couldn't do these things elsewhere.

Big cities are prone to force majeure events. Who the hell asked you to distribute money for them? Force majeure events will kill you!

Back in his hometown, he was the one who was beyond his control.

"President Lin, your idea is quite interesting. Now that you have a concrete implementation plan, we can discuss it further. I will definitely do my best to clear all obstacles for you."

A project worth tens of billions of dollars cannot be explained in just a few words, and how to implement it is also the key issue.

In the self-media industry, traffic alone is not enough; conversion rate is also crucial.

Without conversion rates, you can't gain followers.

"no problem."

After chatting for a while, Lin Lang said to He Qiang, "Mr. He, you've had quite a bit to drink tonight. I'll drive you home later."

"No need to trouble you, brother. I'll just find a hotel in town for the night and go back tomorrow. It'll be fine."

Song Zhiyuan chimed in, "Mr. He, how about this? I'll drive you back to the county town in your car, and I'll come back tomorrow to get my car."

Lin Lang: "That works too. I'll have to trouble Uncle Song."

He didn't want anyone to stay at home to sleep.

He Qiang hesitated for a moment, "This... isn't a good idea..."

"What's the big deal? I'd love to get to know Mr. He better, and I hope he'll invest in Tianshui County someday. Come on, come on..."

Song Zhiyuan pulled He Qiang downstairs.

Lin Lang escorted them all the way to the door, took his luggage from Song Zhiyuan's car, said goodbye to the two of them, and then returned to the house.

No one in the house was asleep yet, so Lin Lang sat on the sofa in the living room and started chatting with his parents.

“We keep track of everything Lili brought. Do you want to take a look? She didn’t touch much of the stuff, just smoked a few packs of cigarettes and drank two bottles of wine…”

"If they gave it to us, we should just use it."

"Also, I hope I didn't cause you any trouble today?"

"No, it's no trouble at all. By the way, Dad, I'll find a college to arrange a correspondence course for you in a couple of days. You might have to study for a couple of days and take one or two exams to get a certificate."

"Huh? What would I do with that thing?"

"Now there are requirements for becoming a township head; they must at least have a college diploma."

"What?"

"Those bastards have hogged a lot of projects in our town. We'll settle the score with them when the time comes!"

……

On the way back to the county town, He Qiang, who was in the passenger seat, was actually quite sober. After all, half a jin of liquor was nothing to him.

At first, he was a little reserved, but when Song Zhiyuan asked him if he wanted to stop the car for a smoke, he immediately felt that all the filters he had of Song Zhiyuan shattered in front of him.

The two men stopped at a spot by the roadside and immediately began puffing on cigarettes.

He Qiang exhaled a satisfied puff of smoke and said, "County Chief Song, there are some things you and Brother Lin Lang were talking about that I didn't understand. Why was Brother Lin Lang talking about her father?"

Song Zhiyuan chuckled and said, "What else can he do? He wants his dad to be the township head, of course."

"Hmm? It was so abstract, and you understood it right away? I'm impressed!"

"Haha, actually he was setting up a trap for people while they were eating, and they had no choice but to fall into it."

"How was this scheme set up?"

"They didn't give me a seat, that means Lin Lang doesn't respect me. What do you think is the reason for this?"

He Qiang thought for a moment, "Because Brother Lin Lang is awesome?"

"That's one reason, but the most important thing is that I'm pretty useless, so others don't need to give me any face."

"does it matter?"

“Yes, as long as I’m useless enough, no one will take my words seriously. Even if I catch them red-handed today, they’ll do everything they can to clear their names. Many things just get worse the more they do them! If they admit their mistakes directly, before a major error occurs, we usually just give them a demerit or a verbal reprimand. But if they don’t repent and keep making the same mistakes, then they’ll be doomed! Lin Lang doesn’t want them to admit their mistakes because even if they do, they’ll most likely stay in their previous positions…”

He Qiang remained silent for a long time.

After finishing his cigarette, he threw the butt outside, leaned back in his chair, and seemed to understand something: "It's a good thing I didn't do well in school back then."

"Mr. He at least has a good eye for people. By the way, I'd like to ask Mr. He, do you think Tianjin Capital's current success is due to Yan Li or Lin Lang?"

"It's definitely Brother Lin Lang, without a doubt! You won't find another like him in the world when it comes to managing things!"

"Ah."

Song Zhiyuan didn't say anything more. After finishing his cigarette, he drove off.

After dropping He Qiang off at the hotel, he took a taxi back to his residence.

Although it was very late, I couldn't fall asleep no matter how much I tossed and turned.

He still felt something was off.

You can't believe everything Lin Lang says.

His so-called big project is likely just a smokescreen; his real purpose is something else.

He didn't know what Lin Lang was thinking, so he could only deduce it.

There are only two possible outcomes to this matter. The first outcome is that Lin Lang fails. Even with the traffic controlled by Big Fish Media, the project still fails to take off, and he can't even recoup 30% of his investment of over 10 billion.

There's not much to say about this outcome; the damage is done. The project's duration will certainly be long, and it will create many jobs for Tianshui County.

The second possibility is that Lin Lang succeeds.

For example, they receive thousands or even tens of thousands of tourists every day.

At this point, we can consider the conversion and retention issues. To achieve high conversion and retention rates, the product must first be fun enough, and secondly... it must be cost-effective enough.

It's unacceptable for people to spend hundreds of dollars every day just to come here for fun. This would create an invisible barrier, meaning that even the most fun things wouldn't attract many people because of this barrier.

Therefore, cost-effectiveness is definitely the core factor.

How do you make money?

Cost-effectiveness and making money are two contradictory concepts.

Many shops in the county town now only do business during the two months of the Lunar New Year, because there is a higher demand during those two months, and people are willing to accept higher prices.

The price is too low? Nobody's making it; there's simply not that much of a consumer base in the county.

Those stores that prioritize cost-effectiveness generally have a solid foundation, have been operating for many years, and have a large number of repeat customers.

Lin Lang once said he wouldn't make money in the short term, but is that part of his personality?
He doesn't do finance anymore, no matter how quick the money comes in. He has the patience to wait ten or twenty years.
When the equipment ages, refurbishment will be another expense...

Even if the project does make money, it certainly won't be much.

If the project itself doesn't make money, then how will it make money?
Nearby? Like the adjacent shopping street? A hotel?
That's even more unrealistic. Every scenic spot in the country has this kind of template. Has any scenic spot ever gotten rich because of a commercial street? I've only heard people complaining about those commercial streets online, saying that excessive commercialization is meaningless. Tianshui County isn't a well-known place to begin with. Why would anyone bother coming all the way here to see your commercial street?
It's definitely not...

If the goal is to retain more visitors through cost-effectiveness, then tourist attractions should not only not be more expensive, but should actually be cheaper.

This makes it even harder to make money.

Song Zhiyuan was writing and drawing... and before he knew it, it was three o'clock in the morning.

His thoughts branched out in countless directions, but after some sorting, he finally came up with a few key points...

He was able to come up with these points by tracing back a few conditions.

For example, the area Lin Lang wanted was very large.

Although these are all remote and undeveloped areas, with only a few abandoned villages and some fields within a ten-mile radius, the area is large enough.

How big is the county seat of Tianshui? It's only about two or three kilometers in radius.

That area was almost ten times larger than the county town.

He didn't notice at first because Lin Lang said he wanted to do commercial development.

Can a commercial development project really cover such a large area? That can't be done with just 10 billion.

Putting everything else aside, just paving a ten-kilometer radius with cement roads would probably cost around 10 billion yuan.

Under these circumstances, he arrived at a conclusion: Lin Lang wanted to take away the county's core resources.

only……

He said it's hard to tell right from wrong.

If Lin Lang really thought that way, then he admired Lin Lang, because even the worst county town still had nearly a million people living there.

With so many core resources at your disposal, you can earn billions or even tens of billions of yuan a year without even lifting a finger.

However, he didn't believe anyone could do this well.

This would require countless conditions to be met, not to mention the amount of money invested would be far more than just 10 billion.

It needs to be at least 30 billion!
This is his most conservative estimate; a slightly less conservative estimate would start at 50 billion.

Where is Lin Lang going to get so much money?
Even if he could get his hands on it, spending money isn't easy. How could he ensure that so much money was spent where it was needed?

Projects of this caliber test far too many things.

Regardless, he felt it was a good thing for him.

Anyway, this is Lin Lang's own idea, and he will cooperate if he has the ability.

If he achieves results within three to five years, the credit can be given to him; he won't lose out no matter what.

It's normal for Lin Lang to have this idea; truly ambitious people would do the same.

Many of China's top billionaires have done similar things, and they are even more outrageous than Lin Lang.

However... those who were arrogant ultimately failed.

However, those who failed were not those who bet on small counties, but rather on first-tier and super-first-tier cities. Even with a net worth of hundreds of billions, it's not enough there, and they all ended up in a sorry state.

……

Yan Li got up early Sunday morning.

She glanced at her phone; she had sent Lin Lang a message around 8 p.m. last night, but hadn't received a reply.

The message was that there was a meeting today, and she wanted Lin Lang to go with her.

Even just watching myself get scolded is fine.

If I suffer a little grievance and play the victim, maybe he'll stay.

She washed up, ate, and tidied herself up a bit before leaving home around 8 a.m.

She arrived at the place half an hour later; it was the same lounge as last time.

However, she arrived a little earlier this time, and there were only three or five people inside.

She didn't take the initiative to greet them like she did last time, since they were simply not on the same wavelength.

Bored? Play on your phone when you're bored!
Around 9:10, she received Lin Lang's reply.

“I’m not in Shanghai. Be tough on yourself and don’t let people think Tianjin Capital is easy to bully.”

Yan Li ignored the second half of the sentence, focusing instead on the first half, "Where did you go?"

"I went back to my hometown. There's something going on here."

"Then...when will you be back?"

"Not necessarily. Anyway, I'll try my best to get back on Tuesday. If I can't get back, I'll just give you the operating instructions and you can just operate it. It's not very complicated."

"what?"

Yan Li sensed from Lin Lang's reply that Lin Lang was truly trying to distance himself from responsibility.

The gist of it is that he will no longer be involved with Tianjin Capital.

Before she could even process her emotions, a staff member came over and said, "President Yan, it's time to go to the conference room."

"Ah."

Yan Li put away her phone and followed the staff member into the conference room.

This time, however, her position was towards the back.

Guan Sheng was still leading the meeting.

After the opening remarks, a few words were spoken in the standard format, and then someone couldn't wait to ask, "Leader Guan, there's something we've been wondering about. If we've done something wrong, you should punish us accordingly, but if we haven't done anything wrong, you can't just deduct our share for no reason, can you?"

This meeting was initiated by major public funds, and Guan Sheng was forced to convene it.

After all, everyone has their own things to do, and we can't just leave them unresolved.

The reason is definitely related to QDII fund units.

For some mutual funds, QDII quotas are like free money, which can amount to several million or even tens of millions of yuan every year.

The things Tianjin Capital did in the past were at most indirect losses.

This time, Guan Sheng gave all his shares to Tianjin Capital, which resulted in a direct loss.

Before Guan Sheng could speak, someone else said, "Leader Guan, Tianjin Capital has only been established for a few months, and its first product was only launched a month ago. What qualifications do they have to exclusively enjoy a quota of one billion US dollars?"

"Their team regarding QDII funds is unqualified. Is this in accordance with the procedures?"

"Considering that Tianjin Capital is a new company, we have already let go of those previous violations. In the past month, has Tianjin Capital ever been free of illegal transactions? Yes, they have generated very high net asset values, but do you think we wouldn't also engage in illegal transactions? If we could generate high net asset values ​​through illegal transactions, we could monopolize all the QDII fund shares, and that's something we would do too!"

"Leader Guan, does your decision this time mean that we can ignore the previous rules? Can we also use quantitative programs to trade like private equity firms, engage in two-way trading, and even manipulate the stock market?"

"Bad kids get candy? Nobody's born a good person! In short, if we don't get a satisfactory answer to this matter, then whatever Tianjin Capital does from now on, we'll do!"

That's a billion dollars.

Even among fund companies with assets of one or two hundred billion, none have accumulated more than one billion US dollars over the years.

For example, Jiasheng, which has been established for more than 20 years, only has a QDII fund quota of $600 million.

(End of this chapter)