Traveling through time to cultivate immortality: a life and death test
Chapter 289 Money Makes Money
Ten days passed quickly, and Liu Xing finally finished reading the account books. This gave him a comprehensive understanding of the financial operations of the continent's top sects and a deep understanding of the revenue and profit situation of various industries.
Liu Xing didn't rush to see Cui Yan, but instead returned to his cave. With only ten days to go, he forced himself to memorize much of the information. Even with his exceptional memory, he felt dizzy. The account book was filled with numerous nouns and figures, making it easy to forget. So, he needed to meditate immediately, reviewing everything he had read over the past ten days, rethinking and reconsidering any parts he hadn't understood before, strengthening his memory. He even wrote down a list of materials and prices, saving it on his jade slip.
He always felt that the sect's financial system was lacking something. After reviewing it and combining it with the financial system of his previous life, he slapped his thigh and said, "Money makes money!"
That’s right, Qianji Sect has no investment returns!
The Qianji Sect is the most powerful force on this continent, backed by a powerful military and backed by substantial financial resources. I never imagined they'd simply earn money from simple production and trading. What a waste of such favorable conditions. In my previous life, making money from money was king, and investment returns were the core.
Liu Xing became excited, and he immediately began to think about and simulate the feasibility of implementing the investment plan in this alien world.
Firstly, the law of the jungle prevails in the other world, where the strong prey on the weak. Therefore, there are no laws or regulations to protect the lives and property of cultivators. Therefore, trust is difficult to establish, and the security of funds is unreliable. Over the past tens of millions of years, there have been times when peerless masters have unified the world, but they soon fell apart, leading to the current power structure based on sects.
Secondly, the number of immortal cultivators in this world is estimated to be only a few million, far less than the number of mortals. The base number of cultivators is small and the density is low, and the demon cultivators in the ocean account for the majority. In this case, it is not conducive to management, so lending to everyone is not feasible, and it is estimated that the capital cannot be recovered if it is lent out.
Finally, cultivators need various supplies to advance. Overall, resources for cultivation are extremely scarce, resulting in a shortage of supply. Consequently, production demand remains strong. If these aristocratic cultivator families and workshops receive an influx of external capital, they can increase production capacity and create even more wealth. Independent cultivators from outside the sect are also recruited as temporary workers, earning money without being constrained by the sect, much like Liu Xing's ten years working for the Wang family when he first debuted.
Therefore, investing in valuable resources can generate returns! Investments are focused on the development of high-quality cave dwellings, mineral resources, production workshops, and other high-profit business models. In short, investing in teams, not individuals, minimizes investment risk.
With the direction set, the next step was to implement the rules. Investment management is a science that effectively manages and oversees investment behavior. It primarily encompasses four components: portfolio management, risk management, performance evaluation, and decision-making. Liu Xing had taken this course as an elective while studying at Tsinghua University in his previous life. Therefore, incorporating the realities of the other world, he compiled the "Qianji Sect Investment Management Manual," revising it countless times until he finally felt it was flawless and sought a meeting with Cui Yan, the head of the Points Hall.
"I am very grateful to Senior Sister Cui for her help this time. It has given me a comprehensive understanding of the financial situation of the entire sect. This is the token of the account library, please take it back, Senior Sister." After Liu Xing finished speaking, he handed the token to Cui Yan.
"Junior Brother Liu, I haven't seen you for two months. Did you gain anything this time?" Cui Yan asked after taking the token.
"Senior Sister Cui manages the entire Points Hall in an orderly manner, and the financial accounts are extremely clear. I admire her very much and cannot offer any complaints." Liu Xing praised her highly.
"Haha, Junior Brother, you're too kind. No one is perfect, and Jijitang certainly has many shortcomings. Once you've become fully familiar with the relevant business, you'll definitely find many shortcomings. Please help me improve them then." Cui Yan said modestly, but inwardly she was extremely proud. She was a meticulous worker, with a strong tolerance for flaws, and her financial management was quite impressive.
"I have worked on a plan over the past two months that can increase the sect's income. Please give me some advice, Senior Sister." Seeing that Cui Yan was in a good mood, Liu Xing handed the jade slip of the investment manual he had prepared to Cui Yan.
Cui Yan initially took it indifferently and began to read. The more she read, the more amazed she became. Based on her experience, she felt this was a very good plan. However, many of the management techniques and decision-making methods described were new to her and she couldn't fully understand them.
"Junior brother, you are so talented. We can discuss this plan. I don't quite understand the risk assessment method mentioned in it, so please help me clear up my confusion..." Cui Yan was excited to see the opportunity and discussed it with Liu Xing on the spot.
Liu Xing had thought deeply about the methodology, and now he explained it to Senior Sister Cui from the simplest to the most complex, answering all the questions.
Cui Yan temporarily found some cases of affiliated families and conducted sand table exercises together. They imagined that if they wanted to invest in them, how to share shares and dividends, how to inject funds and provide technical support, how to recruit and manage independent practitioners, how to expand production and sales, and so on.
Three days passed quietly. The two money-loving people were so happy discussing these ways to make money that they completely forgot the passage of time.
"Great! Great! Hahaha." When Cui Yan gets excited, she will clap her hands and laugh.
"Hehe, in this way, we can make money with money, and gather the power of external cultivators to continuously create wealth for the sect." Liu Xing would also laugh beside him, as if he saw white spirit stones coming towards him.
After a long discussion, all the issues were concluded. Cui Yan put down the jade slip and pondered silently, her fingers tapping rhythmically on the table, as if she was thinking about something. Liu Xing waited quietly. With so much information, Senior Sister needed time to digest and make a decision.
"I plan to set up an investment branch in Jifentang, with you as the first leader. The initial start-up capital will be 100 million. What do you think?" Cui Yan seemed to have made up her mind and said calmly.
"I will follow your instructions, Senior Sister." Liu Xing agreed readily. He also wanted to carry out his plan to verify the feasibility of his ideas.
"Okay, I will report the plan to Master Lu tomorrow. Misappropriating 100 million yuan is not a small amount, and it may need to be approved by the Elders' Council." Cui Yan said.
"Okay, I'll wait for good news from senior sister! I'll take my leave first." After Liu Xing finished speaking, he bowed and left.
Cui Yan immediately went to Lu En to present his investment proposal. After discussing it with him, Lu En agreed that it was feasible and reported it to the Council of Elders that night. Three days later, the Council of Elders agreed to divert 100 million yuan to build an investment branch, but required a return on investment within ten years.
Liu Xing was stunned by the high efficiency, and he was confident that he could make a profit in ten years.
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