Vol 5 Chapter 69: Ferdinand

It is also very troublesome to set up a radio station. The related professionals are not so easy to find.
Regional radio stations have existed in Bulgaria for a long time, but the audiences they cover are too small to form industrialization and there are very few employees.
Due to technology, Bulgaria's largest radio station, even a city in Sofia, cannot achieve full coverage.
The earliest radio programs were current affairs news, or reading newspapers, or else telling stories.
Because the market is too small and advertising costs are very limited, these small radio stations have not shown any improvement after seven or eight years of exhibitions, and they have not made enough profits, so the funds for producing programs are naturally very limited.
Otherwise, you do n’t need to spend a penny to accept the government ’s popularization program. Instead, you can get government subsidies.
Otherwise, just use the international students to make fun, or play music and advertisements. There are no competitors anyway, and the people's requirements for the program are not high.
profit? As a pioneer in the industry, how can you talk about profits? Does n’t entrepreneurship all depend on feelings?
Then batch after batch of small radio stations became pioneers and then became heroes.
This is the inevitable trend of the Capitalist World Exhibition. At the beginning of the 20th century when capital was the bloodiest, if emerging industries could not profit quickly and entrepreneurs were not hugely wealthy, it would be almost impossible to show them.
They were followed by the consortium, accepted their conditions, and turned from entrepreneurs to migrant workers. At least they could get a sum of money.
If you dare to refuse, it will be miserable! It ’s okay to meet the rules, not to mention commercial competition. If you encounter a cruel hand, it is peanut peanuts!
In short, this era is not suitable for entrepreneurship. Ferdinand has never encouraged anyone to start a business, even in Bulgaria, where capital power is declining, starting from a small business and gradually growing bigger is OK.
If you really want to invest in emerging industries and want to rise quickly, first look at your wallet, how much money can you burn!
Behind the glorious successful entrepreneurs, there are all consortiums. Without their financial support, the technological innovation barrier cannot pass.
Like the famous Henry Ford, known as the representative of the contemporary American dream, he founded the Ford Group from scratch.
Well, Ferdinand can definitely say that this is all flickering. If you are an ordinary person, can you have your own machine shop at the age of 12? If the average person is 15 years old, can you make an internal combustion engine?
To know that era, there was no Baidu without Sogou. It was not easy to check the information, or there was not enough social relationship, it was impossible to check.
The manufacture of internal combustion engines in 1878 was not a simple matter. Without sufficient social status, you could not find any relevant information, there was not enough wealth, and even raw materials were incomplete.
These activities are doomed to belong to the rich.
For example, because of curiosity, Little Caesar wanted to build his own car, and secretly dismantled Ferdinand's car for research, and then it could never be the same.
He had to buy this luxury version of the car. For this little kid who was not yet an adult, he carried a huge debt of 1.5 million levs for his temporary interests.
Do ordinary people dare? How many businesses are there for them to splurge?
Not only him, but under the influence of the Kehali family education, Ferdinand has several sons of his own. He has no fuel-saving lamp, at least they have a great ability to spend money.
The eldest son, Ferdinand, invested in the military manufacturing industry before the World War. He hoarded a batch of arms. As a result, the war broke out and the factory was directly requisitioned by the government.
Had it not been for the explosion of the Russian civil war, he would have been turned over. It is estimated that the annuity of his crown prince is not enough to pay the creditor's interest now.
Peter Little is a martyr who invests in emerging industries. After the end of the World War, he established his own airline. Unfortunately, his exhibition ideas were too radical, and he quickly became the largest airline in Bulgaria. More than a hundred aircraft have also become Bulgaria's worst airline.
After struggling for several years, this is a huge pit now, and he still can't see the future, and finally sold it to Ferdinand at a discount.
Among the six sons, the earliest became a billionaire. The reason why it is the earliest is that Ferdinand thinks that the others have a great possibility to follow in his footsteps.
He is very encouraging for his sons to start a business and invest, but he will not provide them with much help. Even if they know it is a pit, they must watch them jump down so that they can learn lessons.
You can invest in them without money. The creditor is usually Queen Ferdinand and Senia. As long as you can convince any of these two, the funds will be available.
If this debt cannot be paid off, it is deducted from their inheritance in the future.
Anyway, even if it is not the eldest son, the small portion of the property is enough for them to spend money on lessons.
If it fails, first summarize the experience and find out the reason; then continue to jump pits, and then continue to learn the lessons of failure until the last success.
If it keeps failing, then it proves that there is no talent for investment, it is better to be a rice bug, because there is no pressure on the son anyway.
From a royal family, the political mind is a must, the business mind is not there, and there is nothing wrong with living in the industry.
Of course, this is what Ferdinand made them hide their identities. Otherwise, if they are under the banner of the royal family, it will be difficult to go out and do business.
Even some pits were dug by Ferdinand himself. The purpose is very simple. Being pitted now is better than being pitted later.
For example, scientists at the Royal Academy of Sciences have proposed spacecraft plans, moon landing plans, and retrofitting Mars plans.
Ferdinand all smiled. In case these little guys stupidly ran to invest in these bottomless pits, it is estimated that no matter how old his family business will be, he will fail.
Now let them teach you what it means to be a half step ahead is a hero and a step ahead is heroic. This is very necessary.
It is very helpful for their future life. What Bulgaria needs now is a conserved monarch. The era of adventurous struggle has passed.
In order to educate the Crown Prince Ferdinand Jr., Ferdinand also worked hard. These little guys naturally came by chance. Children must be treated equally. This is the lessons learned by Ferdinand II.
...
"Father, I hope to apply for an investment, invest in radio and television!" Prince William came over with the investment plan
"Reason? What do you plan to make a profit from?" Ferdinand asked
Another warrior who has become a martyr has appeared. According to the convention, if he cannot be convinced, he can only find the help of their mother, but it seems that Shenia 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 be analyzed by themselves. Ferdinand never tells them where the profit point is!
"First of all, TV is a high-end product, and the people who have the ability to buy them are rich people. I can broadcast luxury advertisements on TV, and also charge a viewing fee. Profitability is not a problem.
Secondly, the TV station is a tool of entertainment in the new era. Controlling his radio station will control public opinion, which is very suitable for investment in the long run! "William's serious analysis
"Very good, progress! Unfortunately you failed again, I don't value your project, know why?" Ferdinand said with a smile
"The problem of signal propagation has not been solved. With current technology, the effective distance of video signal propagation is five kilometers, but there are too few potential users!" William thought for a while and said
"No, the technology of signal propagation is not impossible to overcome. As long as it is willing to throw money, it can be as short as three or five years and as long as ten or eight years!
The reason, you should think slowly, if you figure it out, you can go to your mother, anyway, she is better to cheat, and so rich! Ferdinand said calmly
"Oops, this is really bad news, but it seems that the project invested by the mother has never been profitable. Is this a curse!" William muttered.
"You can tell her this, she will definitely tell you that she loves you so much, so all your plans were approved without thinking about it!" Ferdinand said helplessly
"I'll send you a message for free. I'm going to set up a national radio station. Why would you just want to set up a television station instead of setting up a radio station first?" Ferdinand added
"Because radio stations ca n’t make a profit! Their audience is limited, most of them are ordinary people, but the audience of television is rich people, these people have much stronger purchasing power.
I can charge their viewing fees, and the economic conditions of the broadcast listeners are not very good, and they cannot pay a few hundred levs of production fees every year!
But my dear father, I am curious. How did you make money? To know the radio stations covering the whole country, it is very troublesome to manage! William said seriously
"It's very simple. I just need to set up a radio station in Sofia so that it can be received by listeners all over the country. No, that's it!" Ferdinand said calmly.
"You have solved the problem of signal transmission? Then, have n’t my television signal transmission problems been solved?" William asked with concern.
"Of course, I always put technology first. As for your TV signal problem, I regret that it can't be done now, or even if you can achieve this cost, you can't afford it!
The radio station I set up, covering the Balkans alone, would require a billion dollars of investment. If it covers the whole country, I do n’t know how much it will cost.
Your TV station will only cost more! I can put the boundary line established by the signal tower, then my audience potentially covers 60 million users. What about your audience?
Is it 100,000 or 200,000? Don't you want them to pay tens of thousands of levs? Even if they do pay you this money, it is not enough for you to complete your homework!
If you are more than ten or twenty years old, your idea will be a very good investment, but now this is a complete garbage project! Ferdinand explained
"Hell, my father, I have a serious problem with your education. Do n’t you see it now. Are our brothers too far-sighted?
Obviously it is a high-quality project, and now it is all garbage, you should be responsible for it! William said angrily
"Oh, right? I think this is a good thing, as long as you learn to look at your feet, the future world is yours!
Investment is just an ordinary homework. What I ask of you is just a tenfold increase in capital within ten years. This is not difficult. You must believe in your ability!
In this respect, you can learn from your father and me. Since I inherited the family business, the assets have increased by several thousand times or more. Don't you think this is simple?
You have inherited my excellent talent, and it is impossible to be stumped even with this little problem. You have to believe in yourself!
As for the problem of the project everywhere, if your sword is strong enough, it is already completed. You are proud and give up the simplest option ~ EbookFREE.me ~ For example, take a liver and buy both hands When you go to the construction site to move bricks, how can you have a hundred salvage in a month's salary? This has increased by dozens of times!
Do you still think I need to take responsibility for this?
You are not responsible for me. You and your mother all lost, although it will be deducted from your future inheritance. Isn't this just for fairness? Ferdinand said calmly
"Really? Is it all for us?" William asked incredulously.
"Of course!" Ferdinand answered affirmatively
...
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