Becoming a Russian Oligarch After Rebirth-Chapter 75 - The Two Brothers Go Solo_1

Chapter 75: Chapter 75: The Two Brothers Go Solo_1

Chapter 75 -75: The Two Brothers Go Solo_1

You can’t blame Wang Ye for being stingy, the company’s bank account really isn’t that abundant, they need to cut corners.

When the company truly starts making money, never mind having more people return to China for business trips, even chartering planes for vacations wouldn’t be a problem!

“By the way, I won’t be showing face when welcoming our guests from home, my uncle will be coming too, and he doesn’t know that I’m a shareholder of this company,” Wang Ye told Liu Jun.

Liu Jun nodded knowingly, “Ha, there really isn’t any need to hide it actually, we’re doing legitimate business, there’s nothing to be ashamed of.”

“We’ll see, after all, with my age, those old leaders back home probably wouldn’t feel comfortable knowing that the owner of the company is just eighteen years old. Everything is for the company’s benefit!” Wang Ye chuckled.

His worry was not completely unwarranted.

As the old saying goes, “Youth brings conceit, not prudence!”,

Wang Ye wasn’t completely in the clear, but he wasn’t far from it either…

He had just started shaving his beard.

Hearing what Wang Ye said, Wang Dan quickly added, “Then I’ll also stay out of sight, who knows if someone that knows me will be among the guests, if word of this spreads back home it won’t be good.”

Indeed, Wang Dan also had to keep a low-profile.

After all, her dad is the head of the Heluo City Education Bureau, and this matter was promoted thanks to her father’s connections.

If it gets out that Wang Dan owns a stake in this company, it could likely be exploited by the unscrupulous…

“If you guys aren’t coming, I won’t either, I wouldn’t even know what I would do if I showed up,” grumbled Nalan Yaqi.

So it was decided, Liu Jun was to be the greeter for this event. After all, he was the company’s manager, so this was technically already his job.

Once the meeting ended and the proper business finished, Wang Dan and Nalan Yaqi prepared to return to school.

Before leaving, they asked Wang Ye if he’d like to tag along.

Wang Ye waved his hand and replied, “You guys go on ahead, Brother Liu and I still have some business to discuss.”

After they left, Xiao Hu also took his leave to the company next door, leaving only Liu Jun and Wang Ye.

Wang Ye finally asked seriously, “Brother Liu, I recall you mentioned knowing some people in the communication companies here, right?”

“Right, they’re just casual buddies. I was able to get my SIM card thanks to their connections, otherwise it wouldn’t be so cheap,” Liu Jun responded.

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“Well, contact that friend of yours again and see if you can secure a dedicated line. Let’s start a telecommunication card company together!” Wang Ye suggested seriously.

Liu Jun was taken aback; he hadn’t expected Wang Ye to take such a huge step!

The study abroad service company was just getting started, they hadn’t even started making money yet, and he was already thinking about starting a telecommunications card company?

What he must realize is that the investment of the telecom card company isn’t lower than an international study agency. The monthly lease for a dedicated line alone could be tens of thousands of dollars!

This was an investment they couldn’t skimp on.

Besides, with Wang Ye’s current connections, could he even sell a $100,000 worth of cards a month?

Even if it’s a hundred-dollar card, they still need to sell a thousand of them!

Even with discounts on the wholesale price, considering the production cost of the cards themselves, company staff expenses and so on, they’d need to sell cards worth $150,000 just to break even!

This type of business was a typical high-risk industry, with high investment but not necessarily a high return.

No wonder not many were willing to take on this business, over all these years, there had only ever been one or two companies doing it.

“You’re really serious? This could take quite a bit of money.” Liu Jun asked cautiously.

Wang Ye gave a little laugh, “Of course I’m serious. But we don’t have to do it right away, just to let your contact know what’s up, and to work out the conditions.

We should start seeing returns from our study abroad services within two months. By then, we’ll have enough cash to start up the telecommunication card company.

There are over a hundred thousand Chinese people in Moscow, and the future will only have more.

Personally, I believe the market demand for telephone cards hasn’t fully been dug up yet.

A lot of people don’t call home not because they don’t need to, it’s likely that they just don’t have a mobile phone, so it’s inconvenient. It could also be because purchasing a card is not straightforward so they can’t be bothered.

As you know, Brother Liu, mobile phones are getting cheaper and cheaper. Soon enough, everyone will have one. When that time comes, the telephone card business will boom!

So we need to get there early and secure our portion of the market!”

Listening to Wang Ye’s proposal left Liu Jun speechless.

Because he figured…

It actually made sense!

After mulling over it, he finally sighed, “It really seems like there are true differences between people. I’ve been in Moscow for quite some time, and I’ve met a lot of big business people, but this is the first time I’ve ever seen someone like you!”

“Haha, Brother Liu, stop joking around. It’s all small potato stuff for me, it’s barely worth mentioning,” Wang Ye laughed it off.

He was not humbling himself, he was being honest.

Study abroad agencies and telephone cards were small urbane ventures in Wang Ye’s opinion.

Surely it could make money, but not a lot of money!

“Okay! I’ll keep it in mind, to bring it up to a friend some time. But just so we’re clear, if you start a telephone card company, then you’re bound to drag me in too,” Liu Jun responded with a chuckle.

“Of course, it’ll be a partnership between us,” Wang Ye said candidly.

For starting a telephone card company, other than Liu Jun, he was not considering partnering up with anyone else, because there was no need!

Wang Ye is no “Jolly Fortune Boy”. Even though you look after your friends, it doesn’t mean you have to open up completely and distribute everything. One has to prioritize their own interests.

……

After the business was discussed, the group decided to grab lunch at a restaurant on the first floor of the hotel.

Xiao Hu offered to treat everyone, and Wang Ye couldn’t refuse, so he gave in graciously.

The expense per person here was not low, it was over a hundred dollars and this is without including any drinks.

After lunch, Wang Ye planned on heading back.

Just then, Liu Jun suggested, “Hey Xiao Hu, could I please borrow your car? I have to go to Moscow University, and it’ll be on the way back for Wang Ye.”

“Don’t you have your own car?” Xiao Hu asked while laughing.

“Hehe, I can’t let Wang Ye ride my beat up car, now can I? Your car is much better!” Liu Jun responded jokingly.

To his surprise, Wang Ye asked, “Xiao Hu, you bought a car?”

He didn’t even know about this.

“Yes I did. But it’s just a normal second-hand car, nothing too special,” said Xiao Hu modestly.

“A BMW 530i, only two years old! That’s pretty good already, it must have cost you around forty to fifty thousand dollars,” Liu Jun blurted out, exposing Xiao Hu’s modest remarks.

Wow, definitely a rich second generation buying a BMW 5-series like that.

Even though it’s a secondhand car, it wouldn’t have been cheap. It’s considered a luxury import vehicle after all, with a large 3.0L engine!

A lot of Chinese business owners in Moscow liked buying secondhand cars because it’s simply more convenient.

You drive it for a few years and when you return home, you sell it directly to a used car shop. You won’t lose much, and the procedure is simpler.

Moreover, getting a driving license here is also straightforward. You just need to get your domestic license translated and notarized, and then you can directly apply for it.

Wang Ye had obtained his driver’s license before studying abroad because he had spare time. He’s been thinking about taking advantage of it here ever since.

While he was at school, he may not have noticed it, but after starting his company, he realized how inconvenient it was not to have a car!