Only after being reborn did I realize how fascinating the world of the rich is.

As Dingdian Film & Television Company's business scale grew larger and larger, the film and entertainment market in Shanghai also became more and more prosperous, and Shanghai's nightlife scene also flourished along with it.

This is not difficult to understand.

Who loves going to nightclubs? The group that loves going to nightclubs the most is definitely not the 9-to-5 office workers, but the men and women in the film and television industry who have more free time.

In addition, these people also need to build good relationships with their peers, directors, producers, and others, and even make some extra money. For them, the best place to socialize is those brightly lit nightclubs.

Cao Jinpeng excitedly ran over to Li Xiaofeng and boasted, "Xiaofeng, do you know how much money our venues are making now? You were a bit hesitant to invest back then, but do you regret it now?"

Li Xiaofeng just smiled faintly: "Boss, it's no secret that nightclubs make money, but the scale is too small and it relies heavily on personal connections, so it's not suitable for long-term development."

Furthermore, with my current level of capital, there are some kinds of money I can't earn, nor is it necessary to earn. However, this business isn't suitable for me, but it's very suitable for people with moderate to large amounts of capital like you to run.

Seeing that Li Xiaofeng didn't take his boasting seriously, Cao Jinpeng said somewhat awkwardly, "Who cares what kind of business it is? As long as it makes money, it's a good business!"

Actually, our current businesses are quite profitable. Besides the nightclub business, we also have a construction company.

Originally, some projects could have been taken from the Qin Group, but ever since the Puyu Group and that Bank Manager Song invested in the Qin Group, those projects were taken away by Bank Manager Song.

More importantly, these real estate companies are becoming increasingly shrewd, and the prices for outsourced projects are getting lower and lower. I'm feeling a bit lost now, unsure which direction to take in the future. Could you give me some advice?

Li Xiaofeng smiled, shook his head, and said, "If a person wants to make a long-term plan for themselves, they have to make the decision themselves; no one can do it for them."

However, in the short term, I can give you an idea to make money.

"Oh, what kind of money-making idea is this? Your idea must be a great one!"

"Don't you have sales channels in nightclubs now? A large part of the profits in nightclubs come from alcohol. You could consider buying a few wineries abroad and starting a wine business."

Shanghai is a big city. With its rapid economic development in the past two years, people's consumption is bound to upgrade. With your nightlife venue network as a foundation, you can definitely make a fortune.

Cao Jinpeng's eyes lit up, and he said excitedly, "That's really a great idea!"

After hesitating for a moment, he tentatively asked Li Xiaofeng, "Third brother, how about we two brothers go into the wine business together?"

Li Xiaofeng looked him up and down and asked in confusion, "You can do it by yourself, why are you dragging me into it?"

"Now I'm extremely wary of doing business. I don't feel at ease if I don't do business with you!"

Li Xiaofeng smiled and said irritably, "What's there to be uneasy about? You have all the existing channels and resources in your own hands. You can make your own money. What's there to worry about?"

If you're lazy, you can just buy it yourself and consume it; if you're more diligent, why not set up your own wine trading company and establish your own sales channels?

Seeing that Li Xiaofeng seemed unwilling to work with him on the wine business, Cao Jinpeng said with some disappointment, "Then let's forget it. I'm living a very comfortable life now, and there's no need to go looking for so much trouble!"

"Boss, you know my temper. The main thing is that I'm not very willing to do business with others. Whether we make a profit or a loss, it's easy for conflicts to arise."

Actually, the wine business is still quite good at this stage. If you're not going to do it, then I will. I'm planning to start a group-buying website soon, so I can try selling some of the wine.

"Group buying website? How did you come up with this idea? There are group buying websites everywhere now, at least 800 or 1,000. They're money-burning things. Are you really planning to do that?" Cao Jinpeng's face was full of disbelief.

Li Xiaofeng smiled and said, "That's why I don't really like doing business with others. Everyone has different business philosophies and different goals. The more people there are, the greater the disagreements become."

Therefore, in my opinion, unless absolutely necessary, it is best not to have so many shareholders; if you can cooperate, then don't go into partnerships.

You might think group-buying websites are a money-losing business, but in my opinion, they've revolutionized the traditional business model and essentially rebuilt a huge sales channel.

Look at Taobao and JD.com, the reason their businesses are so successful is because they've disrupted traditional business models, right?

"But this business is losing money!"

"Right now, none of the websites have reached a certain scale to cover operating costs, so of course they're losing money. But when the websites expand to a large enough scale, they will definitely be able to make money!"

Cao Jinpeng said dismissively, "I really don't understand you anymore. Why do you have to do those thankless and exhausting things instead of running a perfectly good business?"

For example, your film and television company is clearly making a lot of money, but you insisted on starting a video website. As far as I know, not only did it drain the profits from the film and television company, but it also resulted in losses, didn't it?"

Li Xiaofeng smiled and said, "That's true. In the early stages of running a video website, you need to buy a lot of existing content, as well as produce your own content or buy the broadcasting rights to currently popular movies and TV series. It's normal to lose money."

But with this video website, I now have my own streaming platform. In the future, I won't be dependent on others, and I can fully utilize my own resources.

Cao Jinpeng shook his head, still unconvinced, and said, "In my opinion, you can't do a business that loses money!"

Li Xiaofeng smiled and said in a calm tone, "This is one of the main reasons why I don't like to do business with others. Everyone has different ideas, so there will definitely be conflicts when doing things together."

In my opinion, once a group-buying website is established, it can bring me a steady stream of income and also accommodate a considerable amount of investment.

"Fine, fine, it's your own money anyway, you can waste it however you want. I want to see how you're going to keep this money-losing business going!"

"Okay, then you can just watch from the sidelines!" Li Xiaofeng's tone was full of confidence.