Super-rich: Spending money is just a job!

Chapter 268 Qiongzhou Island 11

"Sigh, you're keeping all your business dealings from me now. Aren't we best friends? Why won't you lend a hand when you have a good project?" Xiao Tang asked in an unreasonable tone.

Xiaomeng rolled her eyes. "These are all high-risk projects. Actuaries have calculated that the average success rate of these projects is less than one percent. My approach is to cast a wide net. If one out of a hundred projects succeeds, I'll consider it breaking even. If two succeed, I'll make a profit."

Can you compare to me? You should save your little bit of money and invest it in large-denomination certificates of deposit.

Xiao Tang looked skeptical. "I don't believe it."

"Don't believe me? Fine, even if you want to invest, you need to have some cash on hand. Let me see... Oh, right, a friend mentioned a project he's involved in, investing in raising several hundred black pigs in the mountains, semi-wild farming. It sounds pretty good. If you invest 100,000, the initiator promises to deliver at least ten pigs' worth of pork to the investor after three years. Do you want to participate? Black pork is delicious, you know." Xiao Meng remembered a friend's suggestion and brought it up with Xiao Tang.

"No way, ten thousand yuan for a pig, and you have to wait three years. It sounds so unreliable to me." Xiao Tang was stunned when he heard about this project. He hadn't been in the group for a long time and didn't know what the people in the group were talking about.

"Hehe, this type of project is all over the investment circle now. This initiator is really ambitious. 100,000 only counts as one share, he's determined to get at least 1,000 shares. And he's even planning to invest in Abu Dhabi. If you don't invest, you're just short-sighted." Xiaomeng laughed as she finished speaking.

"You didn't vote, did you?" Xiao Tang asked quickly.

"What would I invest in? If I wanted to eat black pork, I wouldn't hire someone to raise it myself on the farm. I could hire two more people and create more jobs."

"Don't you know? I love investing in labor-intensive industries. I even got an award for outstanding female entrepreneur last time, haha."

Xiaomeng was talking about the last International Women's Day. She didn't know why, but the Women's Federation notified her to attend a conference, where they gave her a small, insignificant award, the purpose of which she didn't know.

Anyway, after the meeting, some bigwigs came to shake hands with them and encouraged them. From what they said, their company must persevere, they must not lay off employees or go bankrupt, and if they have any difficulties, they should contact the Women's Federation. As long as it does not involve money, the Women's Federation will connect them with other relevant units and will definitely provide them with good service.

They even offered to reduce her taxes and asked if her business burden was too heavy.

Xiao Meng thought about her family's businesses, which were in the catering and food manufacturing industries. They were at least able to break even. Their profit margins weren't set too high to begin with, so there was really no need for tax cuts. They could just continue operating normally as they were.

Other capital-intensive, technology-intensive industries are doing quite well. They don't need your help with tax cuts.

The women's federation staff didn't actually know how many types of businesses she owned. They were just worried that her few labor-intensive businesses wouldn't survive. They even said they'd introduce business to her if the opportunity arose.

Xiao Tang chuckled, "I know that. Last time I mentioned your company's name to an older lady, and I guess they investigated it later and found that your company met the criteria for the award, so they gave you the prize."

By the way, when did you invest in the farm?

Xiaomeng suddenly realized, "So it was because of you. No wonder they remembered us. Thank you. I heard these awards can come in handy."

She explained, "It's about acquiring a bankrupt farm. DouDou said she wanted to raise some small animals like chicks, ducks, cows, and ponies there, grow things, and do science experiments and record things."

My sister got excited too, saying she wanted to start organic farming at the farm. She said she's been worried about chemical fertilizers and pesticides in everything she buys lately.

I had no choice but to hire another group of people to farm the land.

"A bankrupt farm? Could this farm be in the suburbs of Beijing?"

"Yes, it's in the suburbs of Beijing."

"My goodness, when do you plan to recoup your investment?"

"Don't worry about it. Anyway, that place is DouDou's playground now. She wants to go there to feed the cows and horses every day. If it weren't for the fact that she needs to go to school, she would love to live on the farm."

"Then why don't you get her some rooms to stay in at the farm?"

"Of course, it's already arranged. They've set up a container camp and started taking guests. I heard that about ten families come to book rooms on weekends, and there's even a queue."

"Business seems really good. How did that farm go bankrupt?"

"I heard it was due to poor management. Who knows what strange quirks those bosses have? Maybe they're just unwilling to invest. I heard they're hiring fewer and fewer employees, and eventually they can't keep the business going."

The two were whispering business tips over there, while their two colleagues finished eating. Xiaomeng noticed there was still a lot of raw meat on the table, which she had already paid for, so she shamelessly asked the waiter to pack it up and had Xiao Tang take the takeout containers back.

Xiao Tang walked down the street carrying the takeout box as if it were nothing out of the ordinary.

Xiaoyu and Xiaowei were both a little embarrassed. After all, this restaurant looked quite upscale. Wouldn't it be embarrassing to take leftovers home? They even secretly discussed why someone as rich as Xiaotang would take leftovers home.

Halfway there, they were blocked in the road by a group of onlookers. It turned out that people were arguing in the street.

The argument was between two sausage vendors. Apparently, one vendor's business was so good that it was affecting the other vendors' business. The successful vendor, not knowing how to be modest, became a little too proud, and the other vendor made sarcastic remarks, saying that he didn't know what the other vendor added to the meat, that it was so shady, and yet so many people were buying it, which must be abnormal.

The vendors whose businesses were doing well got into an argument with them.

When Xiaomeng and the others looked at the sausages, they were indeed quite dark, somewhat resembling a culinary disaster. Looking at the sign, they saw it was squid sausage. It turned out the sausages were homemade by the owner, containing squid ink and squid meat pieces, which explained the dark appearance inside.

The onlookers were all curious about just how delicious this squid ink sausage was.

After the market administrator arrived and things calmed down, order was restored. Xiaomeng even noticed that there were more people queuing up to buy squid sausages. Could this fight have been staged by the shop owner himself?

However, this sausage does seem to have a touch of the ocean flavor, with some squid bits inside, making for a very balanced and delicious taste.

That's a great idea!

Xiaomeng found the owner of the cuttlefish shop and said she wanted to buy his sausage recipe.

The boss asked for 100,000 right off the bat.

Xiaomeng tried to negotiate the price, but the owner said the minimum was 90,000. The two haggled for half an hour.

Xiaomeng told him that his recipe was easy to crack, and that commercially produced squid sausages already existed on the market. Xiaomeng only agreed to buy it from him because she liked his recipe.

When they got a new boss, they just cracked the production process without even discussing it with him. The boss then seemed very reluctant to accept the transfer price of 88,000.

Xiaomeng asked the boss to write down the recipe and an explanation, stating that he had sold the squid sausage recipe to her. Xiaomeng also gave him a disclaimer to sign. These were standard documents, mainly to prevent him from having any strange ideas in the future.

Xiaomeng plans to produce some at her family's food processing plant and then grill and sell them at various stores. She thinks her grilled sausages are delicious, and she's sure others will appreciate them too.

Xiaoyu and Xiaowei were surprised to see her buy the formula. "Is this girl crazy? She just casually bought a formula and gave away 88,000 yuan. She gives away money way too easily."

Xiao Wei also thought, "Isn't this just being a fool with too much money? Won't you get swindled out of all your assets doing this?"

Xiaomeng said that she wasn't worried about going bankrupt anyway, and that she could encourage innovation by doing this, since she was spending money to buy things anyway.

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