Rebirth of a Top Student's Handbook

Chapter 132 Starting a business really burns through money!

Chen Sheng was a little embarrassed, and he spoke haltingly.

Upon hearing this, Zhou Min silently calculated in her mind.

Zhou Min still has 1.8 million yuan in her bank account. This money is the dividends from the more than 20 online stores that Zhou Min and Sister Zhang jointly opened in the second quarter.

By the end of September, Zhou Min will receive another third-quarter bonus from her online store.

Moreover, with the popularization of online shopping, the business of online stores is getting better and better. Zhou Min believes that the dividend in the third quarter will definitely be more than 180 million.

Even so, Zhou Min now needs this 180 million to get through the first three months.

In these three months, the interns' salaries and meal allowances alone will cost nearly 50 yuan.

There's also the cost of renting office space, purchasing basic office equipment, audio and video recording equipment, and servers, which will probably cost at least 50 yuan.

The maximum amount of money I can use to pay tuition fees right now is 80 yuan.

Even at 150 yuan per class hour, I only have enough money to pay for 5333 class hours.

These 5333 class hours, spread over two months or 60 days, mean that I can only accept 89 class hours per day.

If these applicants work hard enough, eight people can easily record all 89 lessons in a day.

Eight people, two months, that's enough to prepare 800,000.

With 80 people and two months, we need to prepare 800 million.

.......

Thinking about this, Zhou Min suddenly felt immense pressure.

Zhou Min knew that as long as she had enough money, she could keep up with the demand.

Zhou Min clenched her fingers, and finally said firmly, "Let's recruit 100 people first! Tell them in advance that those who come in will have to sign a non-compete agreement and will not be allowed to work as online teachers on other platforms or websites for three years."

"Row!"

After agreeing, Chen Sheng paused for a moment, then continued to remind him, "If there are 100 people, and each person records 10 lessons a day, then you'll have to spend at least 45 yuan a month just on lesson fees. Isn't that a bit too much?"

Chen Sheng felt that if he hadn't already joined the team and had other things to do, he would definitely have chosen to record the course as well.

Chen Sheng felt that recording 16 lessons a day was a piece of cake given his energy. In that case, he could earn 7.2 yuan a month.

Chen Sheng believed that anyone who wasn't a fool would take advantage of this time to make a lot of money.

Chen Sheng was worried that Zhou Min wouldn't be able to afford the expenses of hiring 100 people, and that it would make him lose face as well.

"It's okay. We have higher requirements for the courseware, so they need to prepare their lessons in advance, which takes time. Some people may just be joining in for fun and won't record many lessons. Taking all these factors into account, 100 people is still manageable."

Zhou Min believes that internet entrepreneurship is all about speed, and burning money is inevitable.

Otherwise, someone else will simply copy your project and then burn through money to overtake you.

By then, all the time and effort I've spent will have been for nothing.

After hearing Zhou Min's words, Chen Sheng roughly understood Zhou Min's budget.

Previously, Chen Sheng hadn't realized how much a 20% stake was, but now he couldn't help but marvel at it.

With this in mind, Chen Sheng became even more determined to make this project a success.

In this way, whether the company continues to operate or is resold for profit, one can make a fortune.

By then, I'll be able to afford a motorhome in the capital and bring my parents over to enjoy life together.

Moreover, if this project goes well, even if he leaves in the future, Chen Sheng is very confident that he can find a good job based on this resume.

Thinking of this, Chen Sheng became even more motivated.

While Chen Sheng was editing the job posting, Zhou Min had already started searching online for equipment to record online courses.

Zhou Min thought that since she had already decided to invest money, she should definitely do her best.

The current video courses on the market, which are either lectures delivered verbally to a camera or simply recorded computer screen slides, are too monotonous and fail to highlight the company's positioning.

Zhou Min now prefers the method used in later generations: filming with a green screen and then editing the lecturer's presentation footage together with the slides.

This online class model became very popular in later generations because there was software specifically designed to record such online classes, but such software has not yet been developed yet!

But it doesn't matter, what we have in abundance right now is people who can develop software.

Thinking of this, Zhou Min turned to Zhang Kun and told him her idea, and then asked Zhang Kun to help her recruit more people who could make this kind of online course software.

Upon hearing this, Zhang Kun could only pick up the applications he had just rejected with a frustrated expression and start reading them again.

Zhou Min quickly selected the equipment needed for recording her lessons online, based on her requirements for pixel quality and sound quality.

After Zhou Min compiled a table listing the models, functions, and prices of these devices, she sent the table to Chen Sheng and Zhang Kun.

After sending the form, Zhou Min said, "Take a look at the form I just sent you. Considering that many students' computer webcams have low resolution and microphones with poor sound quality, I've decided that we will customize a batch of recording equipment."

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