52: Chapter 51: The Establishment Plan for a Second-hand Trading Platform, with a Heavy Investment
The name on the business card: Lu Qingsheng.
"Boss Lu, if I really get the platform up and running, I will definitely let you experience it first, but this thing…"
"Just take it. Damn it, if it weren't for you, I would have been harassed by that bunch of guys in uniforms."
"Giving it to you now can be considered an expression of my gratitude; it's not a loss."
The other party had a great mindset and was very open-minded; people like this usually have decent character.
"If I don't take it, it would seem a bit pretentious."
"Fine, Boss Lu, I promise you. Once the trading platform is set up, I'll let you experience it first."
"Alright then. Sir, may I ask your surname?"
"My name is Lin Feng, a student at Shen University."
"Lin Feng? A student at Shen University? Are you… the Lin Feng who runs the food delivery service at the university?"
Lin Feng was quite surprised that a street vendor actually knew about him.
"Mr. Lin, don't misunderstand. I have a relative who is a student at Shen University. Not long ago, he mentioned that there was a prodigy in the school who started a food delivery company."
"Not only did he make a lot of money, but he also made things convenient for restaurant owners and provided part-time jobs for students."
"So it was you. Now I'm even more looking forward to the second-hand trading platform."
Lin Feng suddenly realized and said modestly, "It's all just coincidence. I can't guarantee that I'll succeed every single time."
"Boss Lu, it's getting late, so I'll be heading off. Wait for my news."
"Alright, it's a deal then."
Lin Feng hailed a taxi and headed straight to Fengda Delivery.
11:00 PM, company office.
Fang Cheng sat opposite Lin Feng, looking listless with large dark circles under his eyes.
Looking at the table full of barbecue and a case of beer, he asked blankly, "Boss, does this count as overtime?"
"It counts. Accompanying the boss for a late-night snack definitely counts as overtime. I'll give you 1.5 times the wages."
"I was just saying that. The boss is still as generous as ever. Tell me, what do you need me for?"
He opened a bottle of beer, filled Lin Feng's glass, poured one for himself, and picked up a lamb skewer to eat.
"How is the delivery situation lately?"
"We're averaging 8,000 orders a day, and the errand service is extremely popular."
"Also, the errand service section is already finished and can be put into operation at any time."
8,000 orders a day meant he was passively earning 16,000. To the big shots, this money was nothing, but to him, it was a huge sum.
Even with stock trading, the speed of making money might not be as fast as this.
"Don't launch the errand service for now. I'll give you a week to help me expand the website's sections."
"Boss, what are you up to now?"
"A second-hand goods trading platform."
Fang Cheng looked puzzled. This was the first time he'd heard of a platform being used to trade second-hand goods.
Currently, none of the big e-commerce players had a platform for second-hand trading.
"Boss, are you serious? Will anyone actually buy those useless second-hand items if we put them online?"
"The demand for second-hand goods in universities is huge, especially during graduation season. When students leave school, some second-hand items become a hassle, so they want to get rid of them cheaply."
"Originally, they would have to sort out their items and set up a stall. With the platform, they just need to take a photo and upload it."
"Then how do we make money?"
"We'll still act as the escrow for transactions, but this time it will be via commission. We'll take a 5% service fee on every order."
"For now, we'll focus on the university and local business. Once we build a reputation, we can expand nationwide. With a large amount of escrow funds in our accounts, the bank interest alone will be significant."
"This model sounds familiar. It seems to be the same routine as Taobao."
"Exactly. I'm just taking a different track from them. There's no need to compete in the same lane, and I don't have the strength to compete with them anyway."
Fang Cheng carefully pondered Lin Feng's words, and the more he thought about it, the more shocked he became.
He seemed to have a special business intuition.
From food delivery and errands to this current second-hand trading platform, every step had shadows of Taobao and JD.com.
But he was walking on two completely different paths.
The second-hand trading market was already quite large.
If it took off, a 5% service fee would be pure profit with zero cost.
"Boss, I understand what you mean. I can finish the sub-page for second-hand trading in a week."
"Lao Fang, I'll leave it to you then. Later, when the company's business is stable and we have money, I'll go rent our own server and launch a website."
Now, Fang Cheng no longer thought Lin Feng was bragging or talking big.
He had the ability to pull it off.
"Boss, there's one more thing."
Fang Cheng's expression turned ambiguous.
"What are you doing? I don't like men."
"Boss, stop talking nonsense. Xu Luo asked me to tell you that she wants to treat you to a meal when you have time."
"She wants to have a meal with me?"
"Who told you to be so high-profile, Boss? She's probably taken a fancy to you. However, her status might be beneficial for your business. I'm off."
…
Am I that popular now?
This woman, Xu Luo, is not simple. I need to get in touch and understand her better; her status and profession could really be helpful to me.
Within five years, he would also accelerate the progress of ride-hailing services.
Lin Feng wouldn't let go of any opportunity that could make money.
Early the next morning, Lin Feng arrived at the stock market.
He handed his prepared documents and bank card to the window and successfully opened his securities account.
After returning home, he opened his account and deposited 1,000,000.
Clicking on Baogang Rare Earth, Lin Feng noticed that the stock didn't have much fluctuation.
It had risen by 30 points in the early stages and was now hovering in that range.
[10 days left until the country releases the rare earth export plan. In 10 days, the stock price will experience a historic surge. Year-end increase: 200%]
Lin Feng didn't hesitate and bought in with the entire 1,000,000.
Holding it until the end of the year, which was less than two months away, he would be able to earn about 1,700,000.
He didn't want to attract too much attention for now. If he invested too much capital, he would be targeted by the CSRC after a few times.
As for leverage, he didn't want to touch it yet.
Even with a Golden Finger, this stuff was easy to crash with.
A slight fluctuation would trigger a liquidation; the risk was too high.
Lin Feng's phone vibrated. He took a look; it was a text message from Qin Yu.
"Lin Feng, Mom has been settled in. Thank you so much, but I can't work recently. I'm really sorry."
"It's okay. When Auntie is feeling better, you can come work as customer service. You don't need to look for second-hand goods anymore; I've integrated them into the platform."
"Lin Feng, you're amazing. By the way, Wanqiu came to the hospital."
"Why did she come?"
"Wanqiu said she was afraid I'd be too busy on my own, and since my dad is getting old, she insisted on taking turns with me to take care of things. I couldn't refuse her."
"Then let her help you. It's a kind gesture."
"Okay, I'm going to rest now. You sleep early too. Mwah."
Lin Feng put down his phone and sighed helplessly.
Making money wasn't a problem anymore, but handling the relationships with these women in the future would be quite a bit of trouble.
Early the next morning, Lin Feng was woken up by his phone ringing.
He picked up his phone with sleepy eyes, glanced at the screen, and instantly woke up.
The call was actually from Xu Luo.
This beautiful senior seemed unable to wait to meet him.