Losing Money to Be a Tycoon

Chapter 308 Wealth Conversion System 2.0

For the first time in more than a year since Pei Qian owned the system, he harshly wool the system.

Previously, the highest record was just a loss of more than 20,000 dollars, while the highest conversion record was $40,000 on profit at the fourth settlement.

But this time, Pei Qian directly increased the record by thirty times!

Bae Huan instantly felt that more struggle made sense! More hard work is worth it!

What about the next cycle...

Oh, come on!

Pei Qian also noticed that he bought the Mingyun Mountain Villa and the price went up!

Originally more than six million villas have risen to more than eight million.

This is clearly due to the fact that Bright Cloud Private Chef is a very obvious driver of the price of the surrounding land, so the price of the villa itself is also high.

Fortunately, since the system is only calculated by adding 10 per cent of the fixed assets to the system funds, although the villa has grown by 2 million, the system funds amount to only 200,000 additional burdens, which are still within reach.

Anyway, this time the thirst quencher worked!

Pei Qian finally exhaled a long breath.

In view, the light screen continues to appear.

[Special tasks for the current cycle: if there is a profit or loss, the business is the way. Hosts seem to be too obsessed with temporary profitability, which is not the mindset that business genius should have. It is recommended that a loss be reached at the next settlement. (Completed)]

[Special Task Completion Reward: Mysterious Surprise within System Rules. (Receivable)]

“Coming, special reward! ”

Pei Qian is still a little excited. After all, this cycle has taken so much effort to toss, it has been a digital festival event and a sudden spending of money, on the one hand to lose more money can be converted and on the other to receive this special reward.

[Get System Reward: Rule Adjustment (Charity)]

[A good entrepreneur must be enthusiastic about the public good, often participate in charitable activities, and make outstanding contributions to society.

[Every good entrepreneur should have the right perception of wealth: owning wealth means taking on more responsibilities, and that wealth does not belong to the individual, but is simply socially entrusted to the individual to run it better.

The system ban on any charitable activities is lifted, and the host can carry out limited charitable activities starting from the next cycle. In each cycle, charitable activities consume up to 50 per cent of system funds at the beginning of the cycle.

[The reward will take effect after the system upgrade.

“Ah?”

Seeing this long list of instructions, Pei Huan is a little confused.

I thought it would be a particularly simple and rough reward, such as "African Spray," where you spray it and you'll have a bad luck, and the next cycle when you're in bed, you'll lose money, and you'll get a quick newspaper.

However, it is not.

The special reward for Pei Huan's thoughts is not a reward in kind, but simply adjusts the existing rules.

It was absolutely forbidden under the original rules of the system to use money for charitable purposes as part of a “bad faith loss”.

But now, let it go a little.

“Well, that's equivalent to getting a fixed amount of money for charity every cycle, right? ”

“What a good thing! ”

Pei Qianbai is very clear, any new field of money burning is precious!

Many times before, it was because millions could not be spent at the end of the brainstorming process, so losses could not be achieved.

This time, however, the system provides that half of the initial system funds of the cycle may be used for charitable purposes.

Generally speaking, assuming that the starting fund for the next cycle is 10 million, Pei Huan could spend five million for charity.

That's a lot of money!

In this way, Pei Qian gets an extra mouthful of money and reduces the burden by 5 million in the next cycle.

However, the other rules remain unchanged. Pei Qian must still ensure that the company's capital chain does not break, on the basis of which the more losses are made, the better.

However, this new reward did not take effect immediately, but had to wait for a "system upgrade”.

The light screen in Pei Qian's system reappears.

[Next settlement time: 150 days later]

[Upcoming replenishment of system funds, target amount: 10 million]

[Replenishing system funds of 4.06 million...]

System funds have been replenished.

System funds: 10 million +840,000

[Fixed assets: Mingyun Mountain Villa (8.46 million)]

[Personal property: 1.83 million]

Before entering the next billing cycle, the system will update and upgrade, please read the update instructions carefully by the host.

Indeed, it is a responsible system.

Pei Qian began observing the so-called "System Update Instructions”.

The system can be updated and upgraded to version 2.0 due to a combination of factors such as the industrial size of Tenda Group, the system funding limit, and the host's personal property.

[Due to the Matthew effect, the original profit and loss conversion ratio will be adjusted.

[Original surplus conversion ratio is 100: 1, loss conversion ratio is 1: 1]

[After adjustment, the surplus conversion ratio is 1000: 1, and the loss conversion ratio is 10: 1]

[In order to compensate the host, you will receive the following benefits after upgrading to version 2.0:]

[1. If the value of wealth conversion reaches more than 200,000 per cycle, you will receive a mysterious reward within the system rules.

[2. If there are any products that have not yet been released, they can still be settled in the week before settlement. However, there can only be a maximum of one product per cycle and it must be released before the next checkout.

“Huh??? ”

Pei Qian fainted, he saw the heartbreaking percentage change at first sight!

What the hell is this?

Take a closer look at this long list of instructions.

Pei Huan certainly knows what the “Matthew effect” is, simply that any individual, group or region that has achieved success and progress in a given area (e.g. money, reputation, status, etc.) will have a cumulative advantage and more chances of achieving greater success and progress.

Instead, it reflects the inequitable distribution of income from economics, which is "winner by winner”.

In general, the Matthew effect is “the richer the richer, the poorer the poor".

In the view of the system, factors such as the industrial size of Tenda Group, the amount of funds in the system, personal property, etc. are affected by the Matthew effect, the difficulty of profit or loss has been greatly reduced compared to the previous period.

So the system has to adjust the wealth conversion ratio.

Pei Qian was very speechless.

“Nima! The doorbell system! ”

“I only pushed you once, wool! That's just over a million dollars, okay? ”

“Can't you give me another million?” - [sic]

But Pei Qian is also well aware that this adjustment will happen sooner or later.

As the industry grows in size, both profits and losses increase exponentially.

The difficulty of earning a million dollars with 50,000 dollars of system money, or a million dollars with 10 million dollars of system money, is absolutely different.

The system obviously does not intend to let the difficulty diminish.

However, the system is also quite generous, with some benefits being provided as compensation after adjusting the ratio of wealth conversion.

The system reward that Pei Qian received this time was that he could offer a sum of money for charity, which can be said to be very useful.

Similar rewards will become resident rewards after upgrading the system and will be available for each billing cycle.

At the same time, the system's requirements for settlement are open, equivalent to Pei Qian can extend the R&D cycle of one product to two settlement cycles.

This doesn't look like much, but it actually means a lot!

The current settlement period is basically 4-5 months. If there is a product that has not been released in this cycle and does not affect settlement, Pei Qian can continue to burn money on this product and suddenly make losses. Just ensure that the product can go live before the next settlement period.

And by the end of the next cycle, there will be another product.

It can be said that the difficulty of loss is greatly reduced!

Pei Huan considered it for a few minutes and made a decisive decision.

“Upgrade. ”

“A serious introduction to the rules, but I'm thinking, and I don't have the right to choose...”

Pei Qian was speechless and apparently had the option to upgrade or not.

However, if not upgraded, the system will not proceed to the next billing cycle, nor will the rewards previously received for charity rules take effect.

Pei Qian won't have a chance to go back to the wool of the system.

Of course, Pei Qian can also invest more than 1.8 million to make more money.

But… Pei Qian does not intend to do so.

In the last cycle, in four months, Pei Qian started using the system correctly with more than 1,4 million wool. Now, let Pei Qian throw away the system and figure out how to make money?

Isn't that what you're looking for?

Besides, according to the saying, the rich generation is not afraid to eat, drink and enjoy greed, and it is unlikely that they will lose the family property any more; what is really scary is to invest in their own money, which is to tear up their own father for minutes.

Bae Qian finally saved up this money. If he did some business and lost it, wouldn't he throw up blood on the spot?

So, still be honest with the field system wool for the money!

After the upgrade was successful, Pei Jian took another look at the system panel.

Wealth Conversion System 2.0

[Host: Pei Qian]

[Surplus Conversion Ratio 1000: 1, Loss Conversion Ratio 10: 1]

[Next settlement time: 150 days later]

System funds: 10 million +840,000

[Fixed assets: Mingyun Mountain Villa (8.46 million)]

[Personal property: 1.83 million]

Wealth conversion value of more than 200,000 in this cycle will receive mysterious rewards within the rules of the system.

If there are any products that have not yet been released, they can still be settled in the week before checkout. However, there can only be a maximum of one product and it must be released before the next checkout.

Pei Qian leaned against the chair and took a long breath.

This cycle is finally over!

Despite the many ripples experienced during this period, the losses succeeded, at least in the end.

If you lose once, you earn more wool than you earn ten times.

Although the conversion rate of loss of money has become lower after the system upgrade, the system funds will continue to be upgraded in the future, assuming that the initial system funds will be raised to 20 million or 30 million, then a loss of 10 million can also be converted into 1 million personal property.

Not to mention, now that the system is online, allowing an unsettled product, plus the current charity of 5 million, it should be easier to lose!

Well, not much of a problem, the prospects are still bright!