How can I justify myself as a Magnate if I don't indulge myself?

Chapter 466 - 214: Does Money Seem to Increase as You Spend More?_2
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"But nightclubs generally have a gross profit margin above 70%, and even those super hot nightclubs can reach up to 80%! That means if a nightclub makes a billion a month, the gross profit would be 80 million!"

Gu Heng couldn't help but gasp when he heard Qian Haowei's words. Although he knew nightclubs were hugely profitable, he hadn't realized they could be profitable to such an extent.

But Qian Haowei wasn't done speaking. He had been singing praises just now, but then he started to sing a different tune:

"However, the nightclub industry has a very small base, after all, only young people with money go to nightclubs.

In a top-tier provincial capital like Hang City, only a few large nightclubs can be accommodated. In some smaller edge cities, it's even less feasible to support large nightclubs; at most, some might run small pubs or discos.

But it's also precisely because the base is so small that a person like me can get a piece of the pie, otherwise, I wouldn't even get a sip of the soup."

Gu Heng of course understood these reasons, but he didn't dwell on it and instead said to Qian Haowei, "Are you interested in creating a large-scale nightclub brand like SOS Group, Noah Group?"

"Ah?"

Qian Haowei was dumbfounded.

He thought Gu Heng was joking when he said he was going to draw him a pie.

But it turned out Gu Heng really was drawing a pie...

Wasn't he afraid that the pie would choke him?

And he's interested in setting up something like SOS Group, Noah Group?

Of course, he was interested! If that could be accomplished, he could really step up and become one of the giants in the industry! Even if the industry's base was small, what's the saying?

Better the head of a chicken than the tail of a phoenix!

He didn't even have the qualifications to be the head of a chicken before.

Seeing his bewildered expression, Gu Heng laughed, thinking that maybe he had drawn the pie a bit too big...

But in Qian Haowei's eyes, it was a pie big enough to choke him, whereas in his own view, it really wasn't such a big project, and he said with a smile, "Originally, I wasn't interested in the nightclub industry, just like you said; the base is too small.

But now I've changed my mind and want to get involved in this industry.

But this involvement isn't just taking your 30% shares and sitting at home waiting for dividends; I plan to do something big."

"Mr. Gu, could you elaborate a bit more?"

"To put it simply," Gu Heng said, "creating an internet-famous bar like you said is feasible, but I'm not interested in small scale operations. I want to play big. Is that detailed enough?"

"So Mr. Gu, you're planning to..."

Honestly, Qian Haowei was very excited.

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Gu Heng willing to talk so much with him was indirectly showing his willingness to involve him, wasn't it?

To be frank, even if Gu Heng were to go it alone without him, what could he do?

"Using your Hang City SOS bar as the base, create an internet-famous nightclub brand group, focusing on using internet celebrities as gimmicks, initially investing money to invite internet celebrities to participate in marketing, trying to have some famous internet celebrities stay on.

Starting with the Hang City SOS bar as a pilot. If the results are satisfactory, then continue to open branches in other large cities.

And I don't intend to use a franchise model, but a corporate-owned store model where all investment is managed internally by the group."

"But in that case, the investment cost is too high. You might be able to afford it, but I and several other shareholders simply cannot muster that kind of money..."

Gu Heng's proposal was indeed tempting.

If it were successful, the value of the nightclub brand could reach tens of billions, even hundreds of billions, and perhaps even go public.

But the investment was too large; even if he decided to grit his teeth and sell all his other assets, he couldn't keep pace with Gu Heng...

It was hard enough for him, not to mention those rich second-generation shareholders following him; they definitely couldn't come up with so much money.

Gu Heng, however, just smiled and said, "Mr. Qian, didn't realize you were so loyal? Here I am drawing such a big pie, and you still want to bring those shareholders along?"

"You mean..."

"Whether you want to bring them along, I don't care. I'm not interested in playing nanny to them. Your relationships are your affairs, I can't possibly bring a bunch of outsiders to make money together.

If this plan were to actually proceed, I would bring in a new batch of shareholders. I have a few friends in Jingcheng and Yangcheng City who could easily invest a few billion to buy into this.

As for you...

My suggestion is to bite off only as much as you can chew."

"We'll be redrafting the shareholding structure, and you currently own 40.5%," Mr. Gu said. "If you think you can keep up with the investments afterwards, then you can continue to hold that many shares. If not, I'd recommend selling your shares to my friends at market price."

"I'm not trying to restrict your power either," Mr. Gu explained. "Just weigh it yourself."

"And as for this 30% of the shares, since you're so enthusiastic, I'll accept them."

At this moment, Qian Haowei had nothing to say other than remaining silent...

He himself hadn't expected that his simple act of seeking a foothold could involve him in such a large plan...

But after the silence, excitement was what remained.

Having friends who were close to Gu Heng and could casually splash out billions—were they ordinary people?

Of course not!

Wasn't his initial goal to blend into Gu Heng's circle? Collaborating with such tycoons was akin to elevating his own social standing by a whole level.

As for Gu Heng nonchalantly accepting the 30% share, Qian Haowei had no objection at all; in fact, he was quite happy.

If not for the 30% share gift opening the door for Gu Heng, why would Gu Heng bother playing with him, let alone his idea of owning a bar? Such so-called capital was insignificant in Gu Heng's eyes.

Thinking of this, Qian Haowei also stood up and said, "Alright! Since Mr. Gu is willing to include me, I'm not ungrateful. I'll take care of some trouble soon."

The "trouble" he mentioned, of course, referred to the other shareholders who still owned 35% of the bar.

As the main boss holding 65% of the absolute control, kicking these people out would be too simple.

He had only included them previously because their parents had some influence in Hang City and could benefit the SOS bar. Now that he was clinging to Gu Heng's coattails and even starting to work with the big shots of Yangcheng City and Jingcheng...

Did he still need to care about them?

They were nothing...

Seeing Qian Haowei so decisive, Gu Heng immediately nodded, "I will have a chance to speak briefly to my group of friends about what I just mentioned these days. If they're interested, I'll organize a meeting for everyone to discuss it face-to-face.

If they're not interested, then it will just be the two of us playing, involving an investment of just a few billion, and it's a tangible industry, so we wouldn't lose much."

Listening to Gu Heng's tone, Qian Haowei nodded like a pecking chicken.

Isn't that what being a tycoon is? Talking about billions in investments so effortlessly...

But he didn't think Gu Heng was pretending. If he had as much money as Gu Heng, he believed he could pretend even better...

As the conversation came to this point, Gu Heng lost interest in continuing and walked towards the outside of the private room, saying, "Prepare the financial reports of your bar these days. I'll send someone to understand the operational status of SOS bar in the past two years. Once you kick out those minor shareholders, my side will probably have a clear understanding, and then we can consider the matter of transferring the shares."

What Gu Heng did was somewhat disrespectful.

But it couldn't be helped.

Now, Gu Heng wasn't naive anymore; he had to consider everything more carefully.

In this society, not everyone who offers you money is a good person.

Not to mention offering a 30% share of the assets, which involves many complexities. He had to be cautious, even if Qian Haowei turned the 30% shares into tens of millions of cash...

Who knows if his money was clean? Or if it was hot?

But what should be said...

Gu Heng realized something...

That was, ever since he became a billionaire and famous, life seemed to have entered easy mode...

Using Wang Duoyu's words...

Even when he was wildly splurging, spending a few million to acquire a failing company, immediately thereafter, a company with huge market potential would seek his investment. Although he wouldn't necessarily make a lot of money, he was sure to profit...

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Having just spent over two million in a nightclub, moments later, the nightclub owner gifted him shares worth tens of millions...

His money seemed to have the ability to reproduce...

It felt like the more he spent, the more he had...

Now, Gu Heng finally believed that saying, wealth continuously gravitates towards a select few...

Because he was the typical example, not doing much yet money was slowly accumulating, and his status steadily climbing...

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