Vol 5 Chapter 69: Ferdinand

A genius remembers the address of this site in one second: (Vertex Chinese), the fastest update! No ads!? Setting up a radio station is also a very troublesome thing. It is not so easy to find just related professionals.
Regional radio stations have existed in Bulgaria for a long time, but the audiences covered are too small to be industrialized, and there are very few employees.
Due to technology, Bulgaria’s largest radio station now cannot even cover Sofia as a city.
The earliest radio programs were news about current affairs, or reading newspapers, or they would tell stories.
Because the market they face is too small and the advertising costs are very limited, these small radio stations have not seen any improvement after seven or eight years of development. Without sufficient profits, the funds for producing programs are naturally very limited.
Otherwise, it does not need to spend a penny to accept the government's law popularization column, but instead can get government subsidies.
Or just take what happened internationally to make jokes, or play music or advertisements, anyway, there are no competitors, and the people's requirements for programs are not high.
profit? As a pioneer in the industry, how can we talk about profit? Isn't it all about feelings to start a business?
Then batch after batch of small radio stations became pioneers and then became heroes.
This is an inevitable trend in the development of the capitalist world. At the beginning of the 20th century, the bloodiest of capital, if emerging industries cannot make quick profits and entrepreneurs are not very wealthy, then it is almost impossible to develop.
After being targeted by the consortium and accepting their conditions, the entrepreneur can become a migrant worker, and at least they can get a sum of money.
If you dare to refuse, it will be miserable! It's okay if you meet the rules, but the business competition is a big deal. If you meet the cruel, it's peanuts!
In short, this era is not suitable for starting a business, and Ferdinand has never encouraged anyone to start a business. Even Bulgaria, whose capital power has declined, started from a small business and gradually grew bigger.
If you really want to invest in emerging industries and want to rise quickly, please check your wallet first, how much money you can burn!
Behind the glorious and successful entrepreneurs, there are all consortia standing behind them. Without their financial support, technological innovation would not pass.
Just like the famous Henry Ford, known as the representative of the contemporary American dream, he founded the Ford Group from scratch.
Well, Ferdinand can say with certainty that these are all fools. If you are an ordinary person, can you have your own machine shop at the age of 12? If an ordinary person is 15 years old, you can build an internal combustion engine?
To know that era, there was no Baidu or Sogou, and it was not easy to check information, or that there was not enough social relations, it was impossible to check.
Manufacturing internal combustion engines in 1878 was not a simple matter. Without sufficient social status, you would not even be able to find relevant information, you did not have enough wealth, and even raw materials were not available.
These activities are destined to belong to the patent of the rich.
For example, because of curiosity, Little Caesar wanted to build his own car, so he secretly dismantled Ferdinand's car for research, and then he could never repay the original.
He had to buy this luxury version of the car, and for this reason, this immature little guy, for his temporary hobbies, carried a huge debt of 1.5 million levs.
Do ordinary people dare? How many properties are there for them to squander?
Not only him, but under the influence of the Kohari family's education, Ferdinand discovered that his sons do not have fuel-efficient lamps. At least they are very capable of spending money.
The eldest son, Ferdinand, began investing in military manufacturing before the World War and hoarding a batch of munitions. As a result, when the war broke out, the factory was directly requisitioned by the government. The munitions were also purchased at a cost price, and they lost their money.
Had it not been for the outbreak of the Russian Civil War, he had turned over, and it is estimated that his crown prince’s annuity is not enough to pay the creditor’s interest.
Little Peter is a martyr who invested in emerging industries. After the end of the world war, he established his own airline. Unfortunately, his development ideas were too radical. He soon became the largest airline in Bulgaria. At his peak, he had three airlines. With more than a hundred aircraft, it has also become Bulgaria's most serious airline.
After struggling for several years, he discovered that this was a huge pit, and there was still no prospect of the huge pit, and finally sold it to Ferdinand at a discount.
He became the first billionaire among his six sons. The reason why he was said to be the first is that Ferdinand believes that the others are also very likely to follow in his footsteps.
He encourages his sons to start a business and invest, but he will not provide them much help. Even if he knows it is a pit, he still has to watch them jump so that they can learn their lesson.
If you have no money, you can invest in them. The creditors are usually Ferdinand and Queen Xenia. As long as you can convince any of these two, you will have the funds.
If this debt cannot be paid off, it will be deducted from their future inheritance.
Anyway, the family has a big business, even if it is not the eldest son, the small portion of the property is enough for them to spend money to buy lessons.
If you fail, first sum up the experience and figure out the reason; then continue to jump, and then continue to learn the lessons of failure, until the final success.
If it keeps failing, then it proves that you don't have the talent to invest, and it's better to be a rice worm. Anyway, there is no pressure for my son.
Being born in the royal family, political acumen is a must, business acumen is not there, and there is nothing wrong with keeping the industry.
Of course, this was done by Ferdinand who asked them to hide their identities, otherwise it would be difficult for them to go out and do business under the banner of the royal family.
Even some pits were dug by Ferdinand himself. The purpose is very simple. It is better to be pitted now than to be pitted later.
For example, scientists from the Royal Academy of Sciences have proposed a spaceship plan, a moon landing plan, and a plan to transform Mars.
Ferdinand all smiled, if these little guys go to invest in these bottomless pits stupidly, it is estimated that no matter how old his family business is, he will lose out.
Now let them understand what it means to be a hero by half a step ahead and a heroic one step ahead. This is very necessary.
It is very helpful to their future lives. What Bulgaria needs now is a defensive monarch, and the age of adventurous struggle has passed.
In order to educate the little Ferdinand the crown prince, Ferdinand also worked very hard. These little guys are naturally incidental. The education of their children must be treated equally. This is the experience and lessons that Ferdinand II summed up as a man.
...
"Father, I want to apply for an investment to invest in radio and television stations!" Prince William found the investment plan.
"Reason? What do you plan to rely on for profit?" Ferdinand asked
Another warrior appeared. As usual, if he couldn't persuade him, he would have to look for help from their mother. However, it seems that Xenia invested in their project and did not see a profit!
Ferdinand secretly despised.
All projects must be profitable before he can invest. These have to rely on their own analysis. Ferdinand never tells them where the profit is!
"First of all, TV is a high-end product, and the people who have the power to buy them are rich people. I can broadcast luxury advertisements on the TV station and charge a viewing fee. Profit is not a problem.
Secondly, TV stations are a tool for entertainment in the new era. Controlling other radio stations controls public opinion, which is very suitable for investment in the long run! "William said with a serious analysis.
"Very good, progress! It's a pity that you failed again. I don't care about your project. I know why?" Ferdinand said with a smile
"The problem of signal propagation has not been solved yet. With current technology, the effective distance of video signal propagation is no more than five kilometers, and there are too few potential users!" William thought for a while and said.
"No, the technology of signal dissemination is not impossible to conquer. As long as you are willing to spend money, it can be as short as three to five years, and as long as ten or eight years, you can always get it out!
The reason, you should think about it slowly, if you figure it out, you can still fool your mother, anyway, she is more cheating, and so rich! "Ferdinand said calmly
"Oops, it's really bad news, but it seems that the project invested by your mother has never been profitable. Is this a curse?" William muttered.
"You can tell her this, and she will definitely tell you that she loves you too much, so you approved your plan without thinking through your brain!" Ferdinand said helplessly
"Send you a message for free. I am going to establish a national radio station. William, why did you just think of establishing a television station instead of establishing a radio station?" Ferdinand added.
"Because radio stations can't make a profit! Their audience is limited, mostly ordinary people, while TV audiences are rich people, and these people have much more purchasing power.
I can charge their viewing fees, but the economic conditions of the broadcast audience are not very good. They cannot pay a few hundred levs of program production fees every year!
But my dear father, I’m very curious, how do you make a profit? You know that radio stations covering the whole country are very troublesome to manage! "William said seriously
"It's very simple. I just need to set up a radio station in Sofia so that all audiences across the country can receive it. That's it!" Ferdinand said calmly.
"You have solved the problem of signal transmission? Then the problem of signal transmission of my TV station has also been solved?" William asked concerned.
"Of course, I have always been technology first. As for your TV signal problem, I regret that I can't do it now, or even if the cost can be achieved, you can't afford it!
The radio station I set up, covering the Balkan Peninsula, requires an investment of more than one billion yuan. If it covers the whole country, I don’t know how much it will cost.
Your TV station will only cost more! I can put the signal tower on the boundary line, so my audience will potentially cover 60 million users. What about your audience?
Is it one hundred thousand or two hundred thousand? Do you want them to pay the annual fee of tens of thousands of levs? Even if they really paid you the money, it would not be enough for you to complete your homework!
If you have more than ten or twenty years~EbookFREE.me~ your idea will be a very good investment, but now this is a complete garbage project! "Ferdinand explained
"Damn it, my father, I found that you have a serious problem with our education. Didn't you realize that our brothers are too far-sighted?
Obviously it is a high-quality project, now it is all rubbish, you should be responsible for it! "William said angrily
"Oh, isn't it? I think this is a good thing, as long as you learn to look under your feet, then the future world will be yours!
Investment is just an ordinary homework. What I ask of you is only to increase your capital tenfold in ten years. This is not difficult. You have to believe in your abilities!
In this regard, you can learn from your father and me. Since I inherited the family business, my assets have probably increased thousands of times or more. Don't you think this is simple?
You have inherited my excellent talents, it is impossible to be stumped by this little problem, you have to believe in yourself!
As for the problems of the project, if your sword spirit is strong enough, it will be completed long ago. It is your own arrogance that gave up the simplest choice.
For example, if you buy a leva and use a pair of gloves to move bricks on a construction site, how can your monthly salary be 100 leva? This has increased dozens of times!
Do you still think I am responsible for this?
You are already responsible for not being responsible for me. Whatever you lose is my mother and me. Although it will be deducted from your future inheritance, isn't this also for fairness? "Ferdinand said calmly
"Really? It's all to train us?" William asked incredulously.
"Of course!" Ferdinand replied affirmatively
...
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