Becoming a Russian Oligarch After Rebirth-Chapter 52 - Ill Cover It_1

Chapter 52: Chapter 52: I’ll Cover It_1

Chapter 52 -52: I’ll Cover It_1

Seeing Xiao Hu agree so readily, a smile appeared on Wang Ye’s face.

This was naturally within his expectations.

Since the Hu family was in business, how could they resist a business opportunity that required no major investment but had a high possibility of yielding large returns!

Thus, Xiao Hu getting involved was only natural.

He raised one finger, gave it some thought, and raised another finger.

He said, “If you invest another ten to twenty thousand US dollars, including the office space, you can get ten to twenty percent of the agency’s shares!”

This condition was similar to what Wang Ye discussed with Liu Jun.

The difference was that Liu Jun was contributing “personnel”, while Xiao Hu was providing the venue.

Xiao Hu hesitated for a moment and did not immediately agree. He checked the time and told Wang Ye, “Brother Ye, I cannot make this decision on my own, I need to discuss it with my family. It isn’t too late right now, I will call right away. Please wait for me.”

Wang Ye nodded and casually said, “The main influx of students studying abroad is in the first half of the year. Basically, we should see the profits around April or May. I estimate at least a hundred students will sign up this year, resulting in an overall profit of more than 2 million CNY!”

He was providing reassurance for Xiao Hu.

Of course, these data were not just empty talk from Wang Ye.

Honestly, securing a hundred students, in Wang Ye’s opinion, could be achieved solely from his hometown.

Nowadays, there are many wealthy families. Just from the high school he attended, there were many children from rich families!

Moreover, the cost of studying in Russia was not high, and more families could afford it.

Hearing what Wang Ye said, Xiao Hu’s eyes lit up and he nodded resolutely, “I understand, I will call my family right away.”

……

Xiao Hu took his phone and went out to the hallway to make the call, leaving only Wang Ye and Zhou Yuan in the room.

Zhou Yuan looked at Wang Ye, shaking his head repeatedly, his face full of complex emotions.

“What’s wrong, class monitor? Why are you looking at me like that?” Wang Ye asked, chuckling.

“I just can’t believe you just graduated from high school! Wang Ye, are you actually twenty-eight…no, thirty-eight…just with a youthful appearance? Haha…” Zhou Yuan began to laugh as he spoke.

Because even he felt his own words were ridiculous…

“Well… Children from poor families have to take on responsibilities early. I’m just trying to earn some living expenses. After all, my family doesn’t have a gold mine,” Wang Ye joked.

It was well-known among their classmates that Zhou Yuan’s family owned a gold mine.

“Don’t mention it, that crappy mine doesn’t make much money in a year, otherwise I wouldn’t be here. Speaking of which, your company… Can I also buy in some shares…?” Zhou Yuan also seemed interested.

Although he couldn’t invest a lot of money, it wouldn’t be a problem to fork out around five thousand US dollars.

From listening to Wang Ye’s descriptions, Zhou Yuan felt that this business was guaranteed to make a profit.

Since he had encountered such a good opportunity, how could he not consider getting involved?

What if he made a fortune…

Wang Ye frowned slightly and apologized, “We already have three shareholders in the company, plus we’re partnering with a major university in China, there may not be enough shares to distribute. Moreover, if you want to invest in this company, money alone is not enough, each of us shareholders brought resources.”

Wang Ye rejected Zhou Yuan without hesitation, just as he said.

If one wants to invest in his study abroad agency, money alone isn’t enough. They must bring their own resources!

Wang Ye had no need to explain his own situation. He was the one orchestrating the entire plan. The recruitment promotions later would also require his involvement, and he had resources in the education industry in China.

This was key to running a study abroad agency!

Liu Jun, a ‘Lao Mo’, had many connections in Moscow. His Russian was excellent, and he had extensive professional experience.

Xiao Hu could provide spacious and beautiful office space, which would boost the company’s image, and even have his company’s employees “pretend” to be staff of the study abroad agency…

Therefore, Wang Ye, Liu Jun, and Xiao Hu were the perfect partners; having Zhou Yuan step in would be superfluous.

Zhou Yuan wasn’t angry at Wang Ye’s rejection. He understood that he really couldn’t help much except for contributing some cash.

Clearly, the funding on Wang Ye’s side probably wasn’t an issue, and they weren’t short of money.

……

Xiao Hu’s phone call took quite some time. Wang Ye and Zhou Yuan both had two cans of beer each and were full. Only then did Xiao Hu return to the room.

With a look of joy on his face, Xiao Hu put down his phone without minding his meal. He went straight to Wang Ye and said, “It’s a done deal! My family said they can contribute twenty thousand US dollars. Office space is also not an issue, we can allocate one hundred square meters specifically for the study abroad agency to use. So, how much shares can we get?”

Obviously, the share issue was the Hu family’s primary concern.

Without a second thought, Wang Ye answered directly, “You can have twenty percent of the shares!”

Xiao Hu furrowed his brow and mumbled to himself, “Twenty percent… plus that ten percent… leaving…”

He gave Wang Ye a sideward glance and questioned with a playful smirk, “My family is putting in twenty thousand dollars, and the other shareholder is putting in ten thousand dollars, which covers the startup capital. Does that mean, Brother Ye, you don’t need to put out any money? But you will own seventy percent of the shares?”

With this calculation, Wang Ye was indeed getting the best deal!

In essence, he does not invest a dime but takes the largest portion of the shares!

Xiao Hu’s words seemed to betray some dissatisfaction.

Facing Xiao Hu’s challenge, Wang Ye looked unbothered and, with a smile, replied.

He responded, “Without me, this can’t be done! You should see it this way, with only an investment of twenty thousand US dollars and a little surplus office space, in less than half a year, you will earn a minimum return of four hundred thousand CNY!

As well as twenty percent of the shares in a mature and fully scaled formal study abroad agency!

Is it a good deal?”

“That’s too good of a deal!” Zhou Yuan blurted out.

“But, can it really go so smoothly? What if it doesn’t work out!” Xiao Hu wasn’t taken in by Wang Ye, instead he came up with a pointed question.

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Yes, even if Wang Ye painted a rosy picture, what if it didn’t pan out…

If it really worked as Wang Ye said, Wang Ye would indeed have the right to take the majority of shares without spending a cent, because he has the ability to lead everyone in making huge profits!

If it didn’t work, Wang Ye wouldn’t be at a loss at all… The losses would be for the Hu family and the other shareholder…

This issue had to be clarified first.

“If it doesn’t work out? If the study abroad agency doesn’t go smoothly or the profitability doesn’t meet the forecast, you can withdraw from the shareholding – whatever money you’ve put in, you can get back!” Wang Ye responded confidently.

Not investing money, but still wanting the majority of shares, Wang Ye had to make a promise to the other shareholders.

That is, he will bear the biggest risk…