Mediterranean Hegemony Road

Chapter 69, Ferdinand who pits his son

Establishing a radio station is also a very troublesome thing, and it is not so easy to find 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 the relationship between technology, Bulgaria's largest radio station, even Sofia, is now unable to achieve comprehensive coverage.

The earliest radio programs were current affairs news, or reading newspapers, or telling stories.

Because the market for them is too small and the advertising fee is very limited, these small radio stations have not shown much improvement after seven or eight years of exhibition, and there is not enough profit, so the funds for producing programs are naturally very limited.

Otherwise, you will undertake the government's popularization of the law, without spending a penny, but you can get government subsidies.

Otherwise, they will use things about international students to make jokes, or play music and advertisements. Anyway, there are no competitors, and the public's requirements for programs are not high.

profit? As a pioneer in the industry, how can we talk about profits? Entrepreneurship, isn't it all about feelings?

Then batch after batch of small radio stations became pioneers and then heroes.

This is an inevitable trend of the capitalist world exhibition. At the beginning of the 20th century, when capital was the bloodiest, if the emerging industries could not make quick profits and the entrepreneurs were not extremely rich, it would be almost impossible to develop them.

Being targeted by the consortium, accepting their conditions, turning from an entrepreneur into a worker, at least he can get a sum of money.

If you dare to refuse, it will be miserable! It’s okay to meet someone who understands the rules, but it’s a big deal about business competition.

In short, this era is not suitable for entrepreneurship.

Ferdinand has never encouraged anyone to start a business, even in Bulgaria, where the power of capital is declining, it is okay to start a small business and gradually expand.

If you really want to invest in emerging industries and want to rise quickly, please look at your wallet first, how much money you can burn!

Behind the bright and successful entrepreneurs, there are consortia standing. Without their financial support, technological innovation would not be able to pass.

Just like the famous Henry Ford, known as the representative of the contemporary American dream, he established the Ford Group from scratch.

Well, Ferdinand can say with certainty that this is all a fool. If you are an ordinary person, you can have your own mechanical workshop at the age of 12? If the average person is 15, you can build an internal combustion engine?

You must know that at that time, there was no Baidu or Sogou, and it was not easy to search for information, or if there was not enough social connections, it was impossible to find it at all.

Manufacturing an internal combustion engine in 1878 was no simple task. Without sufficient social status, you could not even find relevant information, or have enough wealth, and even the raw materials were not available.

These activities are destined to be 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 never returned.

He had to buy this luxury version of the car. For this reason, this little guy, who was not yet an adult, carried a huge debt of 1.5 million levs for his temporary hobbies.

Do ordinary people dare? How many households do they have to squander?

He was not the only one. Influenced by the education of the Kohari family, Ferdinand found that his sons did not have fuel-efficient lamps. At least they had a great ability to spend money.

The eldest son, Ferdinand, started investing in the military manufacturing industry before the World War, and hoarded a batch of arms. When the war broke out, the factory was directly requisitioned by the government. The arms were also purchased at cost, and the loss was lost.

If it weren't for the outbreak of the Russian civil war, which turned him over, it is estimated that the annuity of his crown prince is not enough to pay the creditors' interest.

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, and he soon became the largest airline in Bulgaria. At its peak, it had three airlines. With more than 100 aircraft, it has also become the most serious airline in Bulgaria.

After struggling for a few years, he found that this was a huge pit, and it was still a huge pit with no prospects, and finally sold it to Ferdinand at a discount.

Among his six sons, he was the first to become a billionaire. The reason why he was said to be the first was that Ferdinand believed that there was a great possibility that the others would follow in his footsteps.

He is very encouraging for his sons to start businesses and invest, but he will not provide them with much help. Even if he knows it is a pit, he has to watch them jump down, so that they can learn a lesson.

If you don't have money, you can invest in them. The creditors are usually Queen Ferdinand and Queen Xenia. As long as you can persuade any of these two, the funds will be available.

If this debt cannot be paid, it is deducted from their future inheritance.

Anyway, the family has a big business, even if it is not the eldest son, the small part of the property is enough for them to spend money to buy a lesson.

If you fail, first summarize your experience and find out the reasons; then continue to jump into the pit, and then continue to learn the lessons of failure until you succeed in the end.

If you keep failing, it proves that you have no investment talent, so let's be a rice moth honestly, anyway, there is no pressure on my son.

Born into a royal family, political acumen is a must. If you don't have a business acumen, you will be gone, and there is nothing wrong with guarding the industry to live a life.

Of course, this is only because Ferdinand asked them to hide their identities. Otherwise, if they go out to do business under the banner of the royal family, it will be difficult for them to lose money.

There are even some pits that Ferdinand dug himself. The purpose is very simple. It is better to be pitted now than to be pitted later.

For example, scientists at the Royal Academy of Sciences have proposed a spacecraft plan, a moon landing plan, and a Mars transformation plan.

Ferdinand laughed and laughed, if these little guys foolishly ran to invest in these bottomless pits, it is estimated that no matter how big his family business was, it would be lost.

Now let them experience what it means to be half a step ahead to be a hero, and one step ahead to be a hero. This is very necessary.

It is very helpful for their future life. What Bulgaria needs now is a conservative monarch. The era of adventure and struggle has passed.

In order to educate little Ferdinand, the crown prince, Ferdinand also had good intentions, these little guys naturally came along, and the education of children must be treated equally.

...

"Father, I hope to apply for an investment to invest in radio and television!" Prince William came over with an investment plan

"Why? What are you going to make a profit on?" Ferdinand asked

Another warrior who is to be a martyr has appeared. As usual, if he cannot be persuaded, he can only seek the help of their mother, but it seems that Xenia invested in their project and did not see a profit!

Ferdinand secretly despised it.

All projects must be profitable before he will invest. These must be analyzed by themselves. Ferdinand will never tell them where the profit is!

"First of all, TV is a high-end commodity, and the people who have the strength to buy them are rich people. I can broadcast luxury advertisements on the TV station, and even if I charge a viewing fee, making a profit is not a problem.

Secondly, TV stations are tools of entertainment in the new era. If you control other radio stations, you will control public opinion, which is very suitable for investment in the long run! "William said solemnly.

"Very good, there is progress! It's a pity that you failed again. I'm not optimistic about your project, do you know why?" Ferdinand said with a smile

"The problem of signal propagation has not been solved yet. With the current technology, the effective distance of video signal propagation is only five kilometers. There are too few potential users!" William thought for a while and said

"No, the technology of signal transmission is not insurmountable, as long as you are willing to spend money, it can be as short as three to five years, or as long as ten or eight years, and you can always come up with it!

The reason, you should think about it slowly by yourself. If you figure it out, you can also fool your mother. Anyway, she is easy to deceive and so rich! "Ferdinand said calmly.

"Oops, it's really bad news, but it seems that the project invested by Mrs. Mother has never been profitable. Could it be that this is a curse!" William muttered.

"You can tell her this, and she will definitely tell you that she loves you so much that she approved your plan without thinking about it!" Ferdinand said helplessly.

"I'll send you a message for free. I'm going to build a national radio station. William, why do you just think of establishing a TV station instead of a radio station first?" Ferdinand added.

“Because of radio stations, they can’t make a profit! Their audience is limited, mostly ordinary people, while TV audiences are rich people, and these people have much stronger purchasing power.

I can charge their viewing fees, but the financial conditions of the radio listeners are not very good. They cannot pay hundreds of levs for the production of programs every year!

But I'm curious, dear father, how do you make money? It is very troublesome to manage radio stations covering the whole country! "William said earnestly.

"It's very simple, I just need to set up a radio station in Sofia, so that listeners all over the country can receive it, no problem!" Ferdinand said calmly

"Have you solved the problem of signal transmission? Then my TV station's signal transmission problem, hasn't it been solved?" William asked with concern

"Of course, I have always been a technology leader. As for your TV signal problem, it's a pity that you can't do it now, or even if you can do this cost, you can't afford it!

The radio station I set up to cover the Balkans 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, the cost will only be higher! I can put the boundary line established by the signal tower, then my audience has a potential coverage of 60 million users. What about your audience?

One hundred thousand or two hundred thousand? Don't you want them to pay an annual fee of tens of thousands of levs? Even if they do pay you this amount, it won't be enough for you to complete your homework!

In another ten or twenty years, your idea would be a very good investment, but right now it's a complete rubbish project! ' explained Ferdinand

"Damn, my father, I found that you have serious problems with our education, don't you realize that our brothers are too far-sighted?

Obviously it is a high-quality project, but now it is garbage, you should be responsible for it! ' said William angrily.

"Oh, is it? I think this is a good thing, as long as you learn to focus on your feet, then the future world will be yours!

Investing is just an ordinary homework. My requirement for you is only to increase the capital tenfold within ten years. This is not difficult. You have to believe in your ability!

In this regard, you can learn from your father and me. Since I inherited the family business, my assets have increased by thousands of times, or more. Don't you think it's very simple?

You have inherited my excellent talent, it is impossible to be stumped by this little problem, you have to believe in yourself!

As for the problems of the project, there are many problems. If your sword qi is strong enough, you will have completed it long ago. It is you who are arrogant and give up the simplest choice.

For example, if you buy a leva and a pair of gloves to move bricks on a construction site, how could your monthly salary be a hundred leva, which has increased dozens of times!

Do you still think I am responsible for this?

I'm not responsible for you. What you lose is all my and your mother's. Although it will be deducted from your future inheritance, isn't this also for fairness? "Ferdinand said calmly.

"Really? It's all about training us?" William asked in disbelief

"Of course!" Ferdinand answered affirmatively

...

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