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Reaching the age of thirty, my income randomly doubled - Chapter 867: 656: Low-End Connections

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  2. Reaching the age of thirty, my income randomly doubled
  3. Chapter 867: 656: Low-End Connections

Setting

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Chapter 867: Chapter 656: Low-End Connections

The young lady began inheriting the family business at the age of fifteen.

This meant she officially became independent and could no longer rely on her family to adapt to the survival challenges of the outside world.

For An’an to receive the inheritance rights to Tengchao Commercial Management before starting high school, it was undoubtedly linked to her current maturity and understanding.

Er Piya was envious to the core; she desperately wished she could inherit a mega enterprise with a net worth surpassing tens of billions and an annual rental income of three to four billion.

That would mean she’d have a lifetime of money she could never finish spending.

Even if she spent extravagantly, shelling out billions each year would already be a stretch.

With an annual income of thirty-four billion, and assuming no investments or major entrepreneurial endeavors, it would practically be impossible to use up all the money.

Er Piya dreamt of hosting an elaborate concert, just like her elder sister, but she lacked significant talents.

Instead, she opted to learn Latin dance.

Others learning Latin dance would wake up early to train their legs and practice diligently at night.

In her case, apart from exhausting her instructors, there really wasn’t anything remarkable.

The first female teacher who applied was young, beautiful, and had won awards at international Latin dance competitions.

But when Er Piya invited her home to teach, the situation almost turned into chaos.

Er Piya asked, “Can you teach me to dance like you in three days?”

The teacher replied, “That’s definitely impossible. Learning dance takes time.”

“Alright… I’ll compromise and give you five days,” she said.

Five days later, Er Piya’s slightly chubby figure twisted into an unflattering sight.

Clearly, it wasn’t her fault—it was because the teacher was bad at her job.

Casually waving her hand, the first female teacher was dismissed.

She was paid eight hundred thousand on her way out.

At this level, Latin dance teachers charged by the day.

Er Piya cared nothing for money; what irked her was that, despite being immensely gifted, she still hadn’t mastered the skill within five days.

Patting her little chin, she began pacing back and forth with her arms behind her back.

“This teacher isn’t good enough. Get another more capable instructor for me immediately.”

An even more qualified teacher arrived—an international Latin dance champion, also female.

Her Latin dance movements were precise, with the perfect sense of grace.

This time, Er Piya earnestly tried to learn, eventually concluding that the issue wasn’t the teacher’s lack of skill—it was her own incompatibility with dancing.

Her chubby little hips simply couldn’t move gracefully. If she wanted to host a concert, she’d surely need some special talent like her elder sister.

At least her sister had been a martial arts enthusiast since childhood—a bit of a forceful character—excelled in dancing and played the erhu as her specialties.

Since her sister had a solid foundation, she learned everything quickly—something Er Piya didn’t have.

Who would’ve thought that even hosting a simple concert could be so difficult?

Er Piya began to change her plan: if dancing wasn’t feasible, was there a style of dance where just swaying in one spot could look good?

Rather than being stuck on one problem, why not find another solution?

Boldly, Er Piya declared, “My sister was handed her inheritance after organizing a concert; I need to figure out a way too.”

While she couldn’t dance, wobbling her legs on stage wasn’t an issue.

After lowering the stakes for herself, she immediately burst into laughter.

She conveniently asked Zhang Qi for a list of celebrities, intending to see which stars to invite for her concert.

To get prepared quickly, she also decided to rehearse a bit during the upcoming summer fan meet-and-greet.

…

The days flew by, and in the blink of an eye, it was the end of July.

After inheriting Tengchao Commercial Management, An’an felt immense pressure and headed over to her Anle Group headquarters.

Here, people showed no trace of condescension because she was young.

From the ground floor to the top, everyone who saw An’an passing by would stop and respectfully greet her with “President An’an.”

An’an would lightly nod back in acknowledgment.

When she arrived at the top floor, she found the massive presidential office, equipped with all the necessary facilities.

Through the floor-to-ceiling windows, one could see the majority of Tengying Group.

Just nearby was her aunt’s Qipao Group, and in this entire area, most enterprises had some connection to her family.

An’an had been playing the role of a little president since childhood, but now, she truly embraced the responsibilities of being an independent president.

Shen Youwei helped compile the information; the AR stores in the Magic City had already opened quite a few outlets.

While this line of business wasn’t exceedingly promising, it wasn’t mediocre either.

With the inheritance of Tengchao Commercial Management, there was no way she could settle for just AR as a venture.

An’an wanted to expand her opportunities for growth and said, “Youwei, what do you think about starting an Anle Investment Fund?”

“An investment fund? Doesn’t your father already own several?”

“Indeed, my father has numerous investment funds, but we could start small ourselves.”

An’an replied, “I just want to understand better how people today go about starting their ventures.”

“It’s an interesting idea, but investing isn’t easy. In fact, losing money nine out of ten times is pretty common.”

An’an tilted her head in thought; she wasn’t particularly afraid of losing money—what mattered was accumulating experience.

It was a process of analyzing different entrepreneurs and their ways of building and refining their projects.

Naturally, this was an invaluable learning opportunity.

When An’an made up her mind, she officially registered a small-scale Anle Investment Fund.

Instead of targeting large-scale projects, the fund focused on small businesses, including internet ventures and short-video startups.

Once everything was set in motion, she started promoting her investment initiatives.

The world isn’t short of people with ideas—what most of them lack is funding.

This is precisely where the significance of investment companies comes into play.

To invest successfully, three vital factors come into play: connections, vision, and capital.

Connections top the list because many outstanding projects stem from high-level circles of entrepreneurs.

These entrepreneurs often look to their acquaintances for investments first. If you lack such networks…

…And instead pick up projects from people begging for funds on the street with incoherent business plans…

Your success rate would surely be lower than one in a thousand.

Take domestic angel investors like Lei Jun, for instance. His investment principle is simple:

Only invest in people he knows or those introduced by friends—he won’t even bother hearing pitches from strangers, let alone waste time on them.

Many highly successful angel investors build their portfolios starting with their personal networks.

Only afterward do they rely on their judgment.

It’s evident An’an lacks connections within entrepreneurial circles.

The people she knows are all her father’s contacts, and they represent the upper echelon—top-tier business magnates in the country.

As for ordinary entrepreneurs, even if they made it to the listing stage, it would be nearly impossible for them to meet her parents.

Unless one could grow a venture into a billion-dollar publicly listed company, there’d be no chance to attend her father’s conferences.

Imagine the likes of New Oriental’s founder during gatherings with Mr. Ma and other industry titans:

Impressive as the founder might be, their role in such high-level events would only include serving dishes and pouring drinks—chiming in for conversations would require gauging the room’s dynamics.

Even among business leaders, there are tiers to hierarchies.

Her father resides firmly at the very top, which is why she inherited her Anle Group at the mere age of fifteen.

Beyond her ownership of Anle Investment Fund, she also gained the substantial backing of Tengchao Commercial Management, boasting net assets of 120 billion.

Undoubtedly, An’an has ample access to high-level networks.

However, she’s completely unfamiliar with the grassroots entrepreneurial scene.

In these areas, she must start building from scratch.

We appreciate you reading! If you loved this chapter, don't forget to bookmark us or share with your friends!

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