Genius of the Rules-Style System

Chapter 432: Chapter 268: It’s Not Good to be Obsessed with Research_3

Starting a business as a college student is the hardest thing.

Although every university encourages students to start their own businesses, very few can succeed in the end, and it is rare to hear someone succeed through entrepreneurship during college. ƒrēewebnovel.com

They are different.

Because they have Zhao Yi.

All of them have known Zhao Yi for a long time, and they have extreme confidence in him because not only is he very good at research, but he can also come up with great ideas.

Zhao Yi looked at their reactions, smiled slightly and said, "It’s hard to say whether my idea can succeed, but I think even if there are losses, they won’t be too big, and we can bear them."

"Besides, even if there are losses, if you guys can learn something from it, it’s worth it!"

At these words, even Sun Liang was moved and gave a thumbs-up to Zhao Yi.

Lin Xiaoqing said, "Go ahead and tell us your idea."

Zhao Yi said, "It’s like this: we’ll create a website and a piece of software that connects with various hospitals and doctors. Our initial goal is to allow users to use our software to interact face-to-face with doctors, or at least communicate in text or voice form, to make do ’online diagnosis’."

"This part will definitely be for a fee, and we will run the platform and charge a commission."

"However, I think this part, even if it really gets done and attracts tens of millions of users, it’s still difficult to make enough money to break even."

"Why?" Zhao Linlin asked, puzzled.

"You dummy! It’s the costs!"

Sun Liang didn’t like Zhao Linlin very much and snapped at her. fгee𝑤ebɳoveɭ.cøm

"Are you asking for death?" Zhao Linlin got angry and picked up a teacup.

Sun Liang immediately surrendered with his hands up, "You’re awesome! You’re awesome!"

Zhao Yi shook his head and laughed, "Stop being so fierce when talking. But Monkey is right, the costs, including the development of our software, the operation of the servers, and advertising. If we really get this going, we will definitely need to hire quite a few employees."

"So this is just the beginning, but once we reach this point and attract enough users, and have a certain level of popularity, we can start financing."

Everyone nodded as they listened.

"With financing, we can expand our business, and we can extend our services when we have users, such as working with major hospitals to help with online appointments and registration, selling medicines on the software and website, and so on."

"Furthermore, we can also collaborate with medical device companies to sell medical devices professionally. But surely, there will be increased technicalities later on. We’re building the platform not to make money but to gain users and increase popularity."

"As for what comes next, let’s think about that later. Actually making a net profit is still far away, but we can take it slow... "

Zhao Yi briefly explained his ideas.

He was telling the truth.

For most companies doing websites and software, it’s too difficult to make a profit. They constantinvestments are necessary during the first few years and even after reaching a certain scale of users.

If they can achieve profitability one day, their company will surely be huge and will have a significant influence both in China and around the world.

Zhao Yi roughly explained his ideas, and Sun Liang, Lin Xiaoqing, and Zhao Linlin didn’t know what to say.

This startup sounded impressive!

They haven’t even started yet, but they’re already planning on making a profit in several years. It sounded amazing and if they could really achieve it, they would all become millionaires someday, right?

Everyone was suddenly excited and hopeful.

Everyone wants to succeed, but they just lack the direction to do so. Zhao Yi provided them with a direction and even made a rough plan. They began to discuss the details.

After coming up with several years of ambitious plans, they still had to face reality.

At this point, their company was still in the talking stage. After laying out the plans, Zhao Yi assigned tasks, "I’ll be the investor and part-time CEO, and the first investment will be... 500,000 yuan."

Thinking of the one million dollars prize money he was about to receive, investing a few hundred thousands wasn’t painful.

"Sun Liang, you are responsible for the design of the website and software. We don’t need to rush the startup. I’ll give you three months to at least come up with a framework. We’ll find someone to complete it later."

Zhao Yi felt it was inappropriate, as it seemed too difficult for Sun Liang, "How about I ask Brother Chao if he can work with you on this!"

"Alright!"

Only then did Sun Liang let out a sigh of relief.

"Xiaoqing." Zhao Yi pointed at Lin Xiaoqing, "You’ll be in charge of company registration, finance, legal issues, and running errands for various departments, including securing operating licenses and more. I’ll create a bank account for finances and transfer the money to you."

Zhao Linlin giggled, "So Xiaoqing, you’re the boss lady now."

"What are you talking about!" Lin Xiaoqing blushed and pushed Zhao Linlin.

"Linlin."

Zhao Yi said, "First, familiarize yourself with the major hospitals in the capital, walk around and chat with doctors and medical salespeople. Remember their contact information and working hours. Once the software and website are developed and officially launched, our goal is to immediately have well-known doctors and hospitals join in."

"Also, if you encounter any problems during the process, just talk to me. Get familiar with this part first, and once the company is officially established, find a few people to work with you. You’ll be in charge of this area later on."