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← Back to novel The Richest Man: I Really Didn’t Mean to Make Money

#300 · 300 of 321

Chapter 300: Expanding from a Point to an Area

Confirming that Nanhe Coffee's revenue had decreased.

Chen Mo finally breathed a sigh of relief. Although it hadn't dropped back to its original revenue, as long as he could ensure the coffee shop was operating at a loss, it was fine.

Once the coffee shops in the capital were opened and the number of locations increased, the accumulated losses would still be a significant amount.

Therefore, this incident with Nanhe Coffee could be considered a close call.

Looking at it now, all the company's development paths were still under his control.

Currently, Rotten Film and Television had also gotten on the right track, and the film crew had already taken eighty million to squander.

The Garment factory had already entered the reconstruction phase, and now, the majority of the funds from the game revenue were being invested into the Garment factory.

He did a rough budget; the reconstruction of the Garment factory would require several hundred million in funds.

Furthermore, five new coffee shops needed to be developed in the capital every month.

Add to that employee salaries, taxes, various procurement costs, as well as living expenses like utilities.

As of now, it was basically just enough to consume the game revenue from Extreme Survival and Tianlong.

However, after Tian Ge held the offline tournament for Extreme Survival, the game revenue for Extreme Survival would increase even further.

Therefore, to be on the safe side, he still needed more ways to spend money or more money-burning industries to use up more System Funds.

That's right.

Boring Short Videos was still recruiting streamers. It seemed he would have to tell Li Shen to increase the speed of streamer recruitment; only with enough streamers could he consume more System Funds.

In his view, Boring Short Videos was an industry with great potential.

A few days ago, he checked the data for Boring Short Videos, and the number of streamers on the short video platform was already higher than the number of users.

This was data that no other short video platform could possibly possess.

With more streamers than users, how could such a platform possibly make money?

Therefore, as long as Boring Short Videos was managed properly, it could definitely become one of his most powerful money-burning industries.

Chen Mo thought happily to himself.

…

23rd floor, Boring Short Videos. Inside the manager's office.

Li Shen looked at the documents just submitted by an employee. Seeing the data displayed on the documents, he raised his eyebrows slightly.

This document was something he had his subordinates compile regarding data on academic livestream teaching. Just a few days ago, that streamer from Normal University named Liu Weiwei had called him.

She stated that the number of parents watching the livestreams was gradually increasing, and they were having trouble answering all the questions.

She asked if they were still recruiting more streamers, and if so, they could recruit more students from Normal University to livestream on the platform.

Upon hearing this news, he agreed without even thinking.

After all, the platform had always been recruiting streamers, and right now, the academic livestreams were getting the best response; every time they went live, many parents would watch.

Moreover, he had inquired about it, and the reason so many parents were watching was entirely because Liu Weiwei and her classmates had shared the livestream information in several tutoring groups.

Slowly, those parents started paying attention to the livestreams, and through word-of-mouth among the parents, the number of viewers naturally increased.

Regarding this, he indicated that they could indeed recruit more academic streamers, and he hoped they could spread the news about the livestreams to even more parents.

Of course, he wouldn't make them promote it for free. As long as the overall number of viewers for academic livestreams reached a certain threshold, he would raise the pay for those two streamers.

Hourly livestream pay rates: 100-200-300-400, a total of four tiers.

As the overall number of viewers increased, it would appropriately raise the pay tier based on the viewer count.

Raising the pay for two people was not a significant expense for Boring Short Videos at all.

However, this pay increase could boost the enthusiasm of those two streamers to promote Boring Short Videos.

As long as they promoted it diligently, the number of streamers would naturally increase, and the number of parents watching these types of livestreams would also increase.

If this continued, even if Boring Short Videos didn't become a hit, the academic livestream section within Boring Short Videos would definitely become popular.

He formulated a strategy for this.

That was to expand from a point to an area. He didn't need to make all the livestream sections popular right now; he only needed to make the academic livestreams popular first.

Once this section became popular, at the very least, families with children would basically know about the existence of Boring Short Videos.

In this way, other family members would definitely choose to download Boring Short Videos.

Developing little by little like this, Boring Short Videos would sooner or later appear in the public eye, and by then, other livestream sections would also be driven by it.

Of course, everything he envisioned was built on the premise that the livestream section of Boring Short Videos became a massive hit.

Therefore, ever since his last phone call with that Liu Weiwei, he had frequently monitored the data for academic livestreams.

Currently, the number of academic streamers had reached 20.

And the number of parents watching the livestreams was also increasing, already reaching over two thousand.

According to the curve graph on the current data, the number of people watching academic livestreams had always been on an upward trend, which also meant that Boring Short Videos was still spreading further.

As long as this continued, the academic livestreams on Boring Short Videos would definitely be able to take off.

Li Shen thought to himself.

Knock, knock, knock!

Wu Yu pushed the door open and walked in, a look of excitement on his face.

"I've thought of something good."

Seeing Wu Yu's excited look, Li Shen asked in confusion.

"What did you think of that makes you so happy?"

"How to make money with Boring Short Videos!"

Wu Yu sat directly across from Li Shen and said enthusiastically.

"Look, Boring Short Videos is currently recruiting streamers all the time, and we spend a large sum of money every day. If it just continues like this, with money going out but none coming in, that definitely won't work."

"So, I've been thinking about this problem these past few days, and just now, I finally thought of an idea."

"What idea?"

Seeing the mysterious look on Wu Yu's face, Li Shen also became interested.

Currently, Boring Short Videos was indeed only spending and not earning, but there was nothing that could be done about it. After all, the traffic for Boring Short Videos was currently low, and they simply couldn't implement some of the normal short video monetization projects.

They had to wait for Boring Short Videos to become popular before they could implement them.

"Livestream shopping."

Wu Yu said with a serious expression.

Hearing Wu Yu's answer, Li Shen looked disappointed.

Livestream shopping.

He also knew that livestream shopping could make the platform profitable.

But the key was that the platform currently had no traffic at all, so what would they use to sell goods?

"I know that selling goods makes money, but with the current traffic on the platform, we can't sell anything at all."

"I know that, but there is one thing we can definitely sell."

Wu Yu smiled slightly and continued.

"Don't we have many viewers for our academic livestreams? We can target those viewers for our shopping."

"These parents watching the academic livestreams are ninety-nine percent parents of children; we can completely sell stationery, exercise books, and the like in the Livestream room."

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