Becoming a Russian Oligarch After Rebirth-Chapter 49 - I Can Get Through All the Links_1

Chapter 49: Chapter 49 I Can Get Through All the Links_1

Chapter 49 -49 I Can Get Through All the Links_1

“A study abroad agency, the kind of organization that recruits students from China to study in Russia,” Wang Ye elaborated again.

Of course, Liu Jun understood what a study abroad agency was!

He just couldn’t believe what Wang Ye had just said, because Wang Ye had told him that he too had come to study abroad through an agency.

He had been here for less than a month, and now he was starting his own study abroad business?!

Liu Jun was already somewhat incredulous at Wang Ye’s performance in just selling phone cards, let alone the much more complex business of running a study abroad agency!

Could Wang Ye really pull it off?

Or was Wang Ye oversimplifying the complexity of an study abroad agency…

“You must understand, bringing one or two people to study abroad is relatively simple and the relevant departments in China won’t care. But if you’re doing it on a large scale, you must have the necessary qualifications, making it quite troublesome!” Liu Jun reminded.

He was afraid that Wang Ye had misunderstood the concept!

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In his many years in Moscow, Liu Jun naturally knew that it was quite simple and inexpensive to come and study, there was no need to find an agency.

He’d helped friends and relatives’ child a few times and it didn’t require much effort.

But he’d never considered setting up his own study abroad agency. Was he oblivious to the lucrative potential of this business?

Nope!

He knew he couldn’t handle things like the qualifications, recruitment, and so on of local agencies. He just couldn’t make that kind of money!

“I’m well aware of these things. I’m talking about a legitimate study abroad agency that can openly recruit students. Don’t worry, Brother Liu, let’s take this slow,” Wang Ye smiled, knowing Liu Jun would react this way.

“You know? You dare to start a legitimate study abroad agency! Let me tell you then, in China, to register a study abroad agency, you must have a legit university backing you, relying on a university recognized by the Ministry of Education. How will you overcome this issue?” Liu Jun almost burst into laughter.

Was Wang Ye losing his grounding?

Did he truly think that running a study abroad agency was as simple as selling phone cards…

Wang Ye gently smiled with confidence and said, “Our city has a college that was just upgraded to an university last year. Although it is a second-tier university, it is still a legitimate institution. Coincidentally, my uncle is the studies recruit department director there. Through this relationship, I should be able to get the agency affiliated to that university.”

One shouldn’t undertake delicate tasks without the right tools!

It was not that Wang Ye saw the immense profit in the study abroad agency and recklessly jumped in.

He also considered his own situations and believed he had an opportunity to make this happen!

Besides his uncle, Wang Ye’s family also had some connections which could help foster relations with a university in the provincial capital.

After all, families who can afford to send their children abroad, even if it’s just Russia, are not exactly ordinary…

Although Wang Ye’s family’s economic situation was not particularly good, the entire family was complex, and in his hometown, they had their hands in every pie.

Liu Jun was caught off guard, not expecting Wang Ye to have a solution for the first obstacle.

Still, he decided to presson, “Even if your agency can rely on a legitimate university, where will the start-up capital come from? You need an office, registered capital, staff and so forth right? Not to mention advertising costs, you’re looking at several tens of thousands in preoperative expenses alone, right?”

Ultimately, running a business required capital – you can’t make money from thin air.

Several hundred thousand CNY in 2001, to majority of people, was a considerable sum!

Liu Jun didn’t believe that Wang Ye could come up with such a vast amount of money.

He hadn’t been selling phone cards for long- at most, he would’ve earned only one or two thousand US dollars, which was a far cry from the required amount.

Wang Ye is unshaken, and answers,

“I have estimated the costs roughly. We can set up a study abroad agency here in Moscow, where the registration process is simple.

In fact, I just helped a classmate with the whole process only a few days ago. The entire thing cost about one to two thousand US dollars.

As for office space and staff, I can figure out ways to get them for free!

Meanwhile, I can use the aforementioned study abroad agency in Moscow to work with a university in my hometown. They can recruit students for us and we can give them a commission per student.

In effect, the domestic costs would be minimal – there would be no need for us to advertise or recruit students.

Of course, even if that’s the case, there are inevitable necessary expenses.

I estimate that with thirty thousand US dollars, we can get things up and running!”

Liu Jun was completely dumbfounded.

Because he realized that according to what Wang Ye had just described, it didn’t seem too difficult…

All the obstacles have already been addressed by Wang Ye!

After pondering for a while, Liu Jun found himself having no more questions. Reluctantly he asked, “If you’ve figured out everything already and are able to solve all the problems, then why ask me?”

At this point, he was filled with a sense of defeat.

Although he appeared to be doing well in his day-to-day, spending over a decade in Moscow and being proficient in Russian, extensive network of contacts, he hadn’t been making any significant progress with his effort!

And then you had Wang Ye, who in less than a month in Moscow was already planning to start a grand venture!

If this study abroad agency was successfully established, let’s be honest, he would be incomparable with Wang Ye…

How could he not feel dejected…

“Haha, the reason I discussed this with you, Brother Liu, is because I want you to join me. Once it gets going, things can get complicated.There would be trips to make, contacts to maintain. Additionally, I was also planning to organize teachers from various universities like Moscow University and Friendship University to go to China for lectures and whatnot. All this requires manpower, and I can’t handle it all on my own. How about it? Let’s do this together!” Wang Ye said with a laugh.

His goal here today was not to seek Liu Jun’s opinions, but to rope Liu Jun into it!

As he had mentioned, once the study abroad agency takes off, there would be a lot of minutiae that would need to be taken care of.

Deals worth hundreds of thousands or even millions can be very complicated…

Therefore, there was a need for someone experienced, familiar with both Moscow and China, to oversee the specific matters on hand. Liu Jun was the perfect candidate!

Liu Jun was instantly intrigued.

Because he understood, if he could really establish this study abroad agency, he would make far more than selling phone cards!

After hesitating for a moment, he asked, “What are the terms for me to join? How much money do I need to invest? How many shares can I get?”

These were very real and important questions.

If Wang Ye wouldn’t let him get shares and only wanted him to help out,

or if he was just offering him a job with low pay, then he’d rather not!

But if the offer includes a stake, then it would mean he would need to contribute capital and shares. This would have to be discussed beforehand.

Even blood brothers would clearly divide their profits, so him and Wang Ye, who was only recently acquainted, remained so…