Reborn with Consumption System

The longer it takes, the higher the likelihood of issues arising.

So, even if it’s just for Pan Ge’s future, regardless of whether Han Lie wants to gamble, Panzi has to keep up.

Backing out halfway?

Do you even know what sunk cost is!

But, you see, Panzi can’t afford to invest in the new company... It’s even inconvenient for borrowing money.

The best of friends are all in the same boat, selling everything to support Han Lie’s fund, even the only one not involved in finance, Cai Ye, lent out 1 billion in cash, so really no one has spare capacity anymore.

That previous 200 million spent on drinks had genuinely emptied Panzi’s liquidity.

Now, to raise funds further, the only option is to target assets—either mortgage or sell them.

Panzi hummed for a while, still trying to make one last struggle: "How about... we do an equity pledge?"

"Without interest, huh?!"

Zhao Anni rolled her eyes and decisively made a decision: "Those messy businesses, sell them if you can!

They don’t earn much, and there are endless troubles every day. Look at how busy you’ve become?

Lie Lie’s securities fund seems quite stable, with easy money-making options. Why go through so much trouble?

Call him home for dinner tonight, let’s have a good chat. If it sounds feasible, we might as well transition; you have the innate advantage of being an investor, I see nothing wrong with that..."

These are honest words.

Pan Shengwu has connections, prestige, and is well-informed. If he seriously switches to being an investor, at least local enterprises in Magic Capital will likely give him some respect.

But Panzi, being stubborn, refused to acknowledge it, making a fuss by slamming tables and waving his hands around.

"Investor? Did you see me make a move? Did I invest in humans, huh?"

"Pffft!"

Zhao Anni couldn’t help it and burst out laughing.

"Alright, alright, why are you throwing a tantrum like a child? Xiao Lie’s suggestion is quite good, let’s think about it carefully!"

Thus, the decision was made.

Despite Panzi’s reluctance, his family’s seniority prevailed, and the vote was a solid three to one, leaving him no room for resistance.

This scene at home was unexpected for Han Lie, but he was prepared for it.

Returning home in the evening, a detailed analysis effortlessly convinced Zhao Anni and Pan Ge.

Panzi’s current assets were indeed somewhat chaotic and unsuitable.

His business is a typical local dominant strategy, dabbling in all sorts of profitable ventures—each running well individually—but with high management costs and no synergy.

Regarding hotels, there are four four-star establishments, one pseudo five-star, and two youth hostels within inner rings.

Having an early start and good locations, they don’t worry about making money, but lack brand effect and managerial advantages.

Come pandemic times, they all turn into negative assets.

As for tourism, the company includes a tourism business, a local travel agency, and has stakes in nearby tourist spot developments.

The Tianzifang redevelopment project, east of Sinan Road and west of Ruijin Second Road, south to Taikang Road and north to Jianguo Middle Road, is a prided achievement by Panzi in the cultural tourism sector.

Uh, it’s in collaboration with others...

Then his few tourism companies rely on historical city attractions like Xintiandi, Tianzifang, Tonglefang, Yongpingli, Jinchao 8 Lane, etc., milking tourists crazily, resulting in a terrible reputation.

Panzi’s recent cultural tourism layout is the "Nanjing West Road Fengshengli redevelopment project," a future hotspot for social media influencers.

According to Han Lie, it’s super impressive, with great prospects.

But his overall strategy is flawed; those trivial aspects can be trimmed, focusing solely on the commercial value of Tianzifang and Fengshengli is enough, forget about travel agencies and tourism companies!

It may seem like devouring the entire supply chain, but in fact, it’s completely unprofitable.

Acting as both referee and player, excellence in either is unattainable.

"For a travel agency aiming for profit maximization, it must strive to dig out single customer value, promote crazily, which inherently conflicts with long-term reputation building, as a controlling party, it’s a dilemma, isn’t it?"

With one sentence, Han Lie struck a nerve, rendering Panzi speechless.

As to Panzi’s ventures in the education industry, they’re even messier.

The core is a privately run liberal arts college.

From there, it extends to private high schools, overseas study programs, international cooperation projects, extracurricular tutoring institutions, art and physical beauty interest training centers, collectively forming a massive bloated education group.

Merely in small art schools, Panzi has invested in 17.

Yet, lacking in branding, mostly collaborating 1v1 with high-level artists, managed in a decentralized manner.

Where New Oriental stands as a model of vertical management, he’s a typical local education leader, yes, it’s profitable, there’s influence, but it’s just so awfully petty.

"Restructure, corporatize!"

Han Lie calmly suggested.

"Integrate art and physical beauty into a separate brand, pursue high-end, develop a platform for systematic management of subsidiary schools.

Directly sell off extracurricular tutoring, get the money then address the liberal arts college and high school...

From now on, you need to pay attention to fertility rates; if they keep declining, public education resources will eventually cater to all students, and without unique features, private education will surely decline..."

These words are truly harsh, yet undoubtedly foresighted.

Panzi was so frustrated he was bubbling, Little Cabbage was full of admiration, Zhao Anni seemed pensive, making quite a comical scene.

Ah, family seniority...