Chapter 330 - 330 330 Borrowing Money
Chapter 330 - 330 330 Borrowing Money
?Chapter 330: Chapter 330 Borrowing Money Chapter 330: Chapter 330 Borrowing Money “Brother-in-law, instead of asking others for a loan and having to repay them in the future, why not let He Weng borrow my money? It’s a loan and certainly must be repaid, plus with interest too. I have a lot of confidence in you, but you also need to make your own efforts,” Bai Xiao said with a smile as he pushed the passbook back.
He Wang’s face turned red with urgency.
“That won’t do, that won’t do, how can it be the same?”
Lending money to his own brother-in-law, he felt ashamed to the core.
However, He Weng firmly met Bai Xiao’s eyes, seeing that certainty in them—an acknowledgment and trust in him.
“Okay, Bai Xiao, I’ll write an IOU. I’m taking this loan,” what He Weng didn’t say was that repaying the loan wouldn’t be as simple as just adding interest.
Bai Xiao nodded, “That’s more like it. Keep it safe for now. Don’t rush into business yet; first, go check out the market, starting right here. See what’s in high demand, what people urgently need but can’t find. After all, many goods require permits, and you have to consider these issues.”
“Once you’ve got a hang of the market here, then head south to see the market there, as it’s different from ours here. Like I told you earlier about the small village in Wucheng, it’s completely different from the market in Shencheng. What exactly to do? You’ll have to figure that out on your own. Also, don’t be deceived by its simplicity; once there, remember that there are many scammers in the south, and aside from being careful, probably no one can help you.
“Also, if you decide to go down this path, it’s going to be tough at the beginning. This physical work isn’t necessarily lighter than carrying bricks or cement on a construction site, and it’s a tough road to travel.
“But I believe that as long as you keep at it, you will eventually reap substantial rewards.”
Bai Xiao wasn’t worried about the future. In this era, as long as one worked hard, it was entirely possible to become extremely wealthy.
It just depended on whether He Weng had what it takes?
He had done all he could.
He Weng nodded excitedly, “I understand. Starting tomorrow, I will start exploring the market. Don’t worry, I’m not afraid of hardships. If I can’t even handle this bit of difficulty, then I might as well deserve to work on a construction site,” he knew well that Bai Xiao was helping him.
Bai Xiao thought for a moment, “Actually, there’s another option regarding the market. The place where my older sister Bai Yue is staying has storefronts for rent. Another option is for you to open your own store. Based on the current market conditions, as long as you can transport the goods back from the south, selling them won’t be a problem. Later on, you just need to hire someone to sell the goods in the shop while you handle the sourcing externally. To put it bluntly, the profit would be much higher than if you were wholesaling to others.
“It’s all up to you how to handle this.”
This was also a solution—after all, the land where Bai Yue’s building was located belonged to them, and that building alone had more than a dozen storefronts.
Bai Xiao hadn’t yet formally told her sister about the deed, but soon they would no longer be tenants but landlords.
They could stick with this existing strategy for the storefronts, but if they had more money in the future, they could consider rebuilding on that land.
Bai Xiao felt that if they built a commercial tower and developed the surrounding area,
they would definitely create a commercial center.
But for now, it was just a thought.
The future was still too far away.
He Weng nodded.