Thank you for the invitation. I am in the Ming Dynasty and swear not to be an official!

Chapter 26 Borrowing money from Zhu Yuanzhang
Later in the evening, Zhu Yuanzhang came to visit.

"Tiancheng, look what we brought!"

Zhu Yuanzhang took out the glass craft original and two pieces of paper, one for the shop owner and the other for the trader.

Liao Tiancheng's detailed information was written on both pieces of paper, including his name, title, address, and type of business.

In addition, both pieces of paper read "Da Ming Glass Bureau". It was obvious that Lao Zhu had already given him a name.

"We have asked for you. With these two things, you can operate your business normally. The taxes will be [-]% and [-]% as usual. As long as you pay it on time every year, you will be fine."

Liao Tiancheng was overjoyed.

These two pieces of paper seem to have the same meaning as the business license of later generations. With this thing, it is a legal merchant.

"Old man, you are so efficient in doing things! Just for you, when I make money, I will definitely benefit from you!"

Zhu Yuanzhang was very happy, but he soon thought that this was inappropriate, so his expression turned serious.

"Tiancheng, we are helping you out of friendship and for the sake of the court. If you give us money, it is a bribe!"

"I will set a rule for you today. When you run a factory in the future, you must not bribe officials. Otherwise, if something happens, we won't be able to protect you!"

Liao Tiancheng was a little embarrassed: "My uncle helped me get the booklet back and get my certificate. It's human nature to give me some reward! Could it be considered a bribe?"

"Calculate!"

Zhu Yuanzhang was decisive.

"Okay, that's the case, even if I owe the old man a favor, if you need help in the future, as long as I can help, I will definitely help!"

Zhu Yuanzhang's expression softened: "That's pretty much it."

However, since you want to set up a factory, you need a considerable amount of start-up capital.

Now I only have three gold ingots left, equivalent to 150 taels of gold. This money is definitely not enough.

So Liao Tiancheng thought for a while and turned his attention to Zhu Yuanzhang: "Old man, I have something I want to ask you for help with."

"Just say something!"

"That's right. To run this glass bureau, you need to rent a venue, buy materials, and hire people. All of this costs money! I wonder if you can help me raise a start-up capital?"

Borrow money?
Zhu Yuanzhang's eyes lit up and he became energetic.

Borrowing money means earning interest!

Good thing!

"Well, we should be able to help with this...how many do you need?"

"The more the better!"

Zhu Yuanzhang is overjoyed!
The more you borrow, the more interest you get!
"Is one hundred thousand guan enough? A million guan will do!"

A tyrannical aura suddenly hit me!

Liao Tiancheng was shocked at the time!
Four Guan is one tael of gold!
One hundred thousand guan is 5000 taels of gold.

One million guans, that’s 25 taels of gold!
What is the concept of so much money?
Taking farmers' grain as an example, an ordinary household can harvest about 40 taels of grain a year. Calculated at [-] taels of silver per shi of rice, the income in the whole year is only [-] taels of silver.

One million yuan is the annual income of 10,000+ households!
"Old man, can you really raise so much money? Are you drunk?"

Zhu Yuanzhang dismissed Liao Tiancheng's doubts.

Just kidding, we just print money!
It’s just one hundred thousand and one million coins. Can’t we just print some Ming Dynasty treasure banknotes?
"Don't worry, no matter how much we get, we can get it! Please tell me how much the interest will be!"

Liao Tiancheng was stunned: "You still want to charge interest?"

"Otherwise?? We don't have to, but the person who borrowed the money has to give it. Otherwise, why would anyone lend you money?"

Zhu Yuanzhang's face did not turn red, and his heart did not beat. He explained this without any shame. "There's nothing wrong with that..."

Liao Tiancheng then flipped through the glass craft guide and calculated the costs and profits.

"Almost no one uses these raw materials. I guess they are not expensive. I will buy a thousand guan for the first batch!"

"The journey is long and the freight costs five hundred guan."

"Ask the masons to make the kiln, add bricks and soil, and get a hundred bricks."

"You don't need too many kiln workers, ten strings are enough."

"It shouldn't be expensive to rent a venue. It's always more than enough."

"Hire someone to sell it...forget it, sell it yourself! Zero cost!"

"When the first batch of glass comes out, the price will naturally be higher, because it will be sold to dignitaries, and the profit will be [-] yuan, right?"

Compared with the estimated profit, the cost seems to be completely negligible.

The first batch of glass is full of money, so borrowing three thousand guan is enough. After making a profit, the money you make will be enough for subsequent expenses.

"Old man, just borrow three thousand guan. What's the interest rate? How much is the customary rate?"

Zhu Yuanzhang was a little uninterested: "It's only three thousand guan? It seems a little not enough. How about you borrow more? If you borrow [-] guan, I'm afraid it will cost [-]% of the interest. If you borrow tens of thousands guan, we can I’ll give you [-]% interest!”

Although Zhu Yuanzhang did not understand inflation, he also knew that he could not print too many treasure banknotes.

But if he borrows enough money and the interest is right, he will really dare to print it.

In fact, serious bank interest rates are not that high.

This guy just wants to take advantage of the opportunity to make a fortune.

Such high interest rates will actually be regarded as loan sharks in later generations!
But Liao Tiancheng felt that this interest was simply not worth mentioning based on his expected profit.

With a cost of three thousand guan, I expected to make a profit of [-] guan.

If you borrow 30 guan, the principal and interest together will be less than [-] guan, but the profit will be more than [-] guan!

Even if more were made and the price dropped, there would still be an income of more than 20 yuan!
Compared with profits, this amount of interest is simply a drop in the bucket.

"Okay, let's borrow [-] guan first! As for the interest, there's no need for the old man to work hard, I'll give them [-]%!"

This time, it was Zhu Yuanzhang who looked shocked!
[-]% of the profits are directly non-negotiable!
This is truly arrogant!

"Tiancheng, do you want to think about it again? That's [-]% interest! How much can you get for selling glass? That's double the profit. After excluding the cost, how much will you have left? Maybe, you'll lose everything. !”

Zhu Yuanzhang always felt that Liao Tiancheng was bragging. Although earning interest was his wish, he did not want Liao Tiancheng to be directly overwhelmed by debt.

But Liao Tiancheng directly rejected his kindness: "Old man, don't worry! They want my interest, and I want their principal! With this principal of ten thousand yuan, I will be rich in a few months." Oil!"

Seeing his confident look, Zhu Yuanzhang felt even more curious.

"Tiancheng, how much do you think you can earn by investing this ten thousand yuan?"

"This number is a conservative estimate!"

Liao Tiancheng stretched out two fingers.

"Twenty thousand coins?"

Liao Tiancheng smiled: "20 yuan!"

Zhu Yuanzhang was petrified on the spot!
Twenty times the profit!

Still a conservative estimate!
Is it really so profitable to sell glass?
Thinking that Li Shanchang and Hu Weiyong at the imperial court were also organizing and arranging glass-making, Zhu Yuanzhang's heart was beating wildly!
A two-pronged approach, this is the rhythm we are going to send out!

(End of this chapter)