Losing Money to Be a Tycoon

the Sloth Apartments was popular now, they did not have a huge part to play in it.
That was why Pei Qian did not think that he ought to get angry with them.

What’s more, the Sloth Apartments was only earning rent for now.
It was still tens of years away from recovering the amount of money Pei Qian had spent to purchase the buildings.
There was no need to worry too much.

Everyone took their seats at the restaurant.

Pei Qian was too lazy to chat with them as well.
In any case, no matter whom he invited for a meal here, his main aim was to spend money.
He had only chosen these specific people because they caused him less frustration and irritation.

“Thank you for working hard, everyone! Sit back, relax, and eat to your heart’s content!”

Pei Qian dug in first.
He picked up a huge crab that had been placed in front of him.

Seeing the sumptuous feast before them, Liang Qingfan and Song Kai salivated as well.

They had never seen such good food!

They had heard how famous the nameless restaurant was in the country, but the queue was too terrifying.
What’s more, neither of them was willing to part with the money to have a meal here.

Now that Boss Pei was treating them to a meal here, they felt happier than they would have if they had won the lottery!

With Boss Pei taking the lead, everyone followed suit and dug in.
The cling-clang of plates and cutlery knocking against one another filled the restaurant.

Midway through the meal, Liang Qingfan and Song Kai’s eyes met.

“Can we tell Boss Pei about that matter now?”

“Yes! Since Boss Pei isn’t thinking about anything now, we should tell him the good news.”

Full of chemistry, the two men clinked their glasses and walked toward Boss Pei.

“Boss Pei, here’s a toast to you! Sloth Apartments’s success must be attributed to your excellent foresight and brilliant strategy! The entire Tengda Life is a sight to behold!”

Pei Qian lifted his glass slightly, the corners of his mouth twitching.

I’m eating.
Can you talk about something more pleasant?!

However, upon recalling that Sloth Apartments was not generating that much profit, Pei Qian calmed down and lifted his glass higher.

“Alright.
Let’s not talk about the past anymore.

“Don’t be so courteous.
Finish the wine and eat as much as you can.
Eat until you can’t walk straight anymore; do you hear me?”

Liang Qingfan and Song Kai looked at each other and grinned, exclaiming inwardly how humble Boss Pei was.
Not only did he not put on any airs, but he was also joking around with them.

He was a great boss!

When the three men finished their wine, Pei Qian sat back down and prepared to continue eating.

Thinking that the timing was perfect, Liang Qingfan quickly said, “Boss Pei, Sloth Apartments has good news for you!”

The hand that Pei Qian was using to hold his lobster halted in midair as his mind filled with question marks.

?

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Good news?

Why are you still messing with me?

The Sloth Apartments were all rented out now, weren’t they? Where else could they pull empty apartments out from?

Liang Qingfan smiled.
“Boss Pei, I thought that the extreme minimalism of the Sloth Apartments was a personal preference, not a mature business model.
I thought that art and business could not merge perfectly with each other.

“Yet, now, I know that I was wrong.
The Sloth Apartments’s business model is far better than I can imagine!

“After you talked about the ‘focus theory’, all the Sloth Apartments were snapped up and rented out.
I thought that would be the limit, and that we would not be able to earn more than that.

“But I was wrong again!”

Pei Qian’s heart fell when he heard that.

You were wrong again?

Then… aren’t I wrong as well?

“And so?” Pei Qian tried his hardest to remain calm.

Lu Mingliang and the others, who were seated beside him, listened in on the conversation, wanting to know what new entrepreneurial techniques Boss Pei had come up with this time.

Liang Qingfan excitedly continued.
“Over the last two days, Sloth Apartments has been getting an insane number of phone calls!

“A few clients suggested that we help them to design their houses in the same extreme minimalistic fashion as Sloth Apartments! They all offered high prices, according to the market rate for first-tier designers.
On average, that’s about a thousand yuan per square meter.

“One client wanted us to help design a five hundred square meter villa in the same manner as Sloth Apartments was designed.
He offered five hundred thousand yuan!”

Pei Qian had been tense.

However, after hearing that figure, he instantly relaxed.

That’s good, that’s not too much money.

Moreover, designing a five-hundred-square-meter house was quite troublesome.
There would probably not be many of those jobs.

“It’s just one house, right?” Pei Qian asked.

Liang Qingfan nodded.
“That’s right! That’s why I decided to reject it!”

Pei Qian’s eyes lit up.

Liang Qingfan continued speaking.
“That’s a high price, but I have a limited amount of energy.
I’ve already been put in charge of the Sloth Apartments.
How can I find time to design other people’s houses?

“That’s why I thought of something else.

“I’ll sell plans!

“I’ll design living rooms, bedrooms, studies, and dining rooms in the same extreme minimalistic style of Sloth Apartments for more common types of apartments or houses.
At the same time, I will specify the furniture brands and models that should come with the designs.

“That way, clients who want to design their home in an extreme minimalist fashion would just have to buy my plans and engage a passable architect to execute it.
Then, they would be able to get the renovations that they want!”

Pei Qian’s eyes dimmed once more.
Now, he looked more cautious.

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Sell plans?

How bold of you!

Even if Liang Qingfan managed to sell thousands or tens of thousands of plans at low prices, the company would still earn much more than if it had conducted those renovations!

That could not happen!

“Yes, that’s a good idea.
I think that you should sell the plans for one yuan each.” Pei Qian quickly tried to do damage control on Liang Qingfan’s rotten plan.

Liang Qingfan nodded.
“Yes, Boss Pei that’s what I thought as well!”

Pei Qian: “?”

Liang Qingfan grinned.
“A good plan wouldn’t be worth much, and we won’t be able to stop clients from sharing it with other people after buying it.
It wouldn’t make sense to price it highly, and so I thought we would be better off semi-giving it away.

“However, this inspired me and made me realize how much value Sloth Apartments have!

“That’s why I went to negotiate with the furniture shops and brands that we had purchased our furniture pieces from and got a discount! I specially selected those shops.
They might be a little expensive, but they’re of excellent quality.

“Our customers would be able to purchase the furniture and renovation material from these merchants at discounted prices.
At the same time, those brands would split a portion of their profits with us.

“That would be a win-win situation for consumers, Sloth Apartments, and those brands alike!”

Pei Qian stared at them, dumbfounded and not knowing how to respond.

What the hell?

Song Kai added, “That’s not all, Boss Pei! Many other property developers want to work with us to create similar apartments as well!

“A few property developers have also suggested a deeper partnership.
Sloth Apartments would be invited to chip in and market those neighborhoods.
To consumers, Sloth Apartments is no longer just a rented apartment business, but a spokesperson for quality living…

“Sloth Apartments’s model is not just perfect for rented apartments—it could do so much more!”

Lu Mingliang, who had been silent by the side, suddenly understood what was happening.

So that was why!

Boss Pei had not merely created a rented apartments business arm… but a renovation one as well!

Apart from earning rent, Sloth Apartments could also generate income from other aspects.

Indeed, Boss Pei’s way of thinking is always one level higher than ours!

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