Bulgarian Empire

Chapter 69, Ferdinand who cheated his son

The genius remembers the address of this site in a second: (Apex Chinese), the fastest update! No advertisements!? Establishing a radio station is also a very troublesome thing. It is not so easy to find related professionals.

Regional radio stations have existed in Bulgaria for a long time, but the audiences covered are too small to be industrialized, and there are very few employees.

Due to technology, the largest radio station in Bulgaria cannot even cover the entire city of Sofia.

The earliest radio programs were current affairs news, or reading newspapers, or telling stories.

Because the market they are targeting is too small and the advertising expenses are very limited, these small radio stations have not improved much after seven or eight years of development, and they do not have enough profits, so the funds for producing programs are naturally very limited.

Or just undertake the government's law popularization program, and you don't need to spend a penny, but you can get government subsidies.

Or just take what happened in the world as a joke, or play music or commercials. Anyway, there are no competitors, and the public's requirements for the program are not high.

profit? As a pioneer in the industry, how can we talk about profits? Doesn't entrepreneurship depend on feelings?

Then batch after batch of small radio stations became pioneers, and then became heroes.

This is an inevitable trend in the development of the capitalist world. At the beginning of the 20th century when capital was the bloodiest, if emerging industries could not make quick profits and the entrepreneurs were not extremely rich, it would be almost impossible to develop.

Being targeted by the consortium, accepting their conditions, turning from an entrepreneur into a migrant worker, at least he can get a sum of money.

If you dare to refuse, it will be miserable! It's okay to meet people who understand the rules, but it's a big deal for commercial competition. If you meet someone who is ruthless, it's peanuts!

In short, this era is not suitable for entrepreneurship, and Ferdinand has never encouraged anyone to start a business. Even in Bulgaria, where capital power is declining, it is okay to start a small business and gradually grow it.

If you really want to invest in emerging industries and want to rise quickly, please look at your wallet first, how much money you have to burn!

Behind each glamorous successful entrepreneur, there are consortiums standing. Without their financial support, technological innovation will not be able to pass.

Just like the famous Henry Ford, known as the representative of the contemporary American dream, he established the Ford Group from scratch.

Well, Ferdinand can say with certainty that this is all a scam. If you were an ordinary person, you could have your own mechanical workshop at the age of 12? If the average person was 15 years old, you could build an internal combustion engine?

You must know that in those days, there was no Baidu or Sogou, so it was not easy to find information, or if there were not enough social connections, it was impossible to find information at all.

Manufacturing internal combustion engines in 1878 was not an easy task. Without sufficient social status, you could not even find relevant information, and without sufficient wealth, you could not even gather raw materials.

These activities are destined to be the patents of the rich.

For example: Little Caesar wanted to build his own car out of curiosity, so he secretly dismantled Ferdinand's car for research, and then never returned it.

He had no choice but to buy this luxury car. For this reason, this little guy, who was not yet an adult, had to bear a huge debt of 1.5 million levs just for his own temporary hobbies.

Do ordinary people dare? How many fortunes are there for them to squander?

He wasn't the only one. Influenced by the education of the Kohari family, Ferdinand found that his sons didn't have fuel-efficient lamps. At least they had great ability to spend money.

The eldest son, Ferdinand Jr., started investing in the military manufacturing industry before the World War, hoarding a batch of munitions. As a result, when the war broke out, the factory was directly expropriated by the government, and the munitions were purchased at cost price, losing everything.

If it hadn't been for the outbreak of the Russian Civil War that turned him over, it is estimated that the annuity of his crown prince is not enough to pay the interest of his creditors.

Little Peter is a martyr who invests in emerging industries.

After the end of the World War, he established his own airline company. Unfortunately, his development ideas were too radical, and he soon became the largest airline company in Bulgaria. At its peak, it had more than 300 aircraft and became the most serious airline company in Bulgaria. airline.

After struggling for several years, he found that it was a huge pit with no prospects, and finally sold it to Ferdinand at a discount.

Among his six sons, he was the first to become a billionaire. The reason why he was said to be the earliest was that Ferdinand believed that there was a high possibility that the other few would follow in his footsteps.

He is very encouraging for his sons to start a business and invest, but he will not provide them with much help. Even if they know it is a pit, he has to watch them jump down so that they can learn a lesson.

If you have no money, you can invest in them. The creditors are usually Ferdinand and Queen Xenia. As long as you can persuade any of these two, the funds will be available.

If this debt cannot be repaid, it will be deducted from their future inheritance.

Anyway, the family has a big business, even if it is not the eldest son, the small part of the property allocated is enough for them to spend money to buy lessons.

If you fail, first sum up your experience and figure out the reason; then continue to jump into the pit, and then continue to learn the lessons of failure until you finally succeed.

If you keep failing, it proves that you don’t have investment talent, so let’s just be a rice borer honestly. Anyway, my son has no pressure.

Born in the royal family, political savvy is a must. If you don’t have a business savvy, you don’t have it. There is nothing wrong with living by guarding the industry.

Of course, Ferdinand asked them to hide their identities, otherwise, if they were under the banner of the royal family, it would be difficult for them to lose money if they went out to do business.

Even some pits were dug by Ferdinand himself. The purpose is simple, it is better to be cheated now than to be cheated later.

For example, some scientists from the Royal Academy of Sciences proposed the spaceship plan, the moon landing plan, and the transformation of Mars plan.

Ferdinand just laughed it off. If these little guys foolishly ran to invest in these bottomless pits, it is estimated that his family business would be ruined no matter how big it is.

Now let them experience what it means to be half a step ahead is a hero, and one step ahead is a hero. This is very necessary.

It is very helpful to their future life. What Bulgaria needs now is a conservative monarch. The age of adventure and struggle is over.

In order to educate little Ferdinand, the crown prince, Ferdinand also put in good intentions. Naturally, these little guys are incidental. The education of children must be treated equally. This is the experience and lessons summed up by Ferdinand II.

...

"Father, I hope to apply for an investment to invest in radio and television stations!" Prince William approached with an investment plan

"Reason? What do you plan to make a profit from?" Ferdinand asked

Another warrior who wanted to be a martyr appeared. According to the usual practice, if he couldn't be persuaded, he could only seek help from their mother. However, it seems that Xenia invested in their project and did not see a profit!

Ferdinand contemptuously.

All projects must be profitable before he invests. It depends on their own analysis. Ferdinand never tells them where the profit point is!

"First of all, TV is a high-end product, and the people who can afford to buy it are rich people. I can broadcast luxury advertisements on the TV station, and I can charge viewing fees, so profit is not a problem.

Secondly, the TV station is a tool for entertainment in the new era. If you control other radio stations, you will control the public opinion. In the long run, it is very suitable for investment! "William analyzed solemnly.

"Very good, there is progress! It's a pity that you failed again. I don't like your project. Do you know why?" Ferdinand said with a smile

"The problem of signal propagation has not been solved yet. With the current technology, the effective distance of video signal propagation is no more than five kilometers. There are too few potential users!" William thought for a while and said.

"No, the technology of signal transmission is not insurmountable. As long as you are willing to spend money, it can be done in three to five years or ten or eight years. It can always be done!

The reason, you should think about it slowly by yourself, if you figure it out, you can also fool your mother, anyway, she is easy to deceive, and she is so rich! ’ said Ferdinand calmly.

"Oops, it's really bad news, but it seems that the project invested by my mother has never made a profit. Could it be that it was cursed!" William muttered.

"You can tell her this, and she will definitely tell you that she loves you so much that she approved your plan without thinking about it!" Ferdinand said helplessly

"I'm going to send you a message for free. I'm going to build a national radio station. William, why did you just think of building a TV station instead of a radio station first?" Ferdinand added.

"Because radio stations can't make a profit! Their audience is limited, mostly ordinary people, while TV's audience is wealthy people, whose purchasing power is much stronger.

I can collect their viewing fees, but the economic conditions of radio listeners are not very good, it is impossible for them to pay a program production fee of several hundred levs every year!

But dear father, I am very curious, how did you make a profit? It is very troublesome to manage radio stations covering the whole country! "William said seriously.

"It's very simple, I just need to set up a radio station in Sofia, so that listeners across the country can receive it, no!" Ferdinand said calmly

"You have solved the problem of signal transmission? Then the signal transmission problem of my TV station has also been solved?" William asked with concern

"Of course, I've always been technology-first. As for your TV signal problem, it's a pity that you can't do it now, or even if you can do it, you can't afford it!

The radio station I established will require an investment of more than one billion yuan to cover the Balkan Peninsula. If it covers the whole country, I don’t know how much it will cost.

Your TV station will only cost more! I can establish the boundary line of the signal tower, so my audience has a potential coverage of 60 million users. What about your audience?

Is it one hundred thousand or two hundred thousand? Do you want them to pay an annual fee of tens of thousands of levs? Even if they really pay you this money, it's still not enough for you to complete your homework!

In ten or twenty years, your idea will be a very good investment, but now this is a complete rubbish project! ’ explained Ferdinand

"Damn it, my lord father, I found that you have serious problems with our education, don't you realize that our brothers' vision is too far away?

It is obviously a high-quality project, but now it is rubbish, you should be responsible for it! "William said angrily.

"Oh, is that so? I think this is a good thing. As long as you learn to focus on your feet, the future world will be yours!

Investing is just an ordinary homework, and what I ask of you is only to increase your capital tenfold within ten years. This is not difficult, you have to believe in your ability!

In this regard, you can learn from your father, me. From the time I inherited the family business to the present, my assets have probably increased by thousands of times, or more. Don’t you think this is very simple?

You have inherited my excellent talent, it is impossible to be stumped by such a small problem, you have to believe in yourself!

As for the project, there are problems everywhere. If your sword energy is strong enough, it would have been completed long ago. It is your own arrogance that gave up the simplest choice.

For example, if you buy a pair of gloves for one lev and go to the construction site to move bricks, your monthly salary will be 100 levs, which has increased dozens of times!

Do you still think I am responsible for this?

I’m already responsible for not being responsible to you. Your mother and I are responsible for all your losses. Although it will be deducted from your future inheritance, isn’t this also for the sake of fairness? "Ferdinand said calmly.

"Really? This is all for training us?" William asked incredulously

"Of course!" Ferdinand replied affirmatively.

...

https:

The genius remembers the address of this site in a second: .. Mobile version reading URL: m.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like