Traditional Culture Encyclopedia - Photography major - What business is easy to do and make money now?

What business is easy to do and make money now?

· Some seemingly insignificant small businesses often contain the greatest truth in the business world.

When Shi Zhenrong, chairman of Taiwan Acer Computer, was a boy, he helped his mother sell duck eggs and stationery. Duck eggs cost 3 yuan per catty, which can only earn 3 jiao, which is only 10% of the profit. They are also easy to deteriorate and will break if not sold in time, causing economic losses; stationery is highly profitable, and you can earn at least 10 yuan in business. 4 yuan, the profit exceeds 40%, and the stationery will not be damaged. It seems that selling stationery is more profitable than selling duck eggs.

But in fact, Shi Zhenrong later told his experience that selling duck eggs was far more profitable than selling stationery. Although the profits of duck eggs are low, they can be turned over every two days at most; although the profits of stationery are high, they sometimes cannot be sold for half a year or even a year. Not only does the backlog of costs accumulate, but the profits are eroded by interest earlier. Duck eggs have low profit but quick turnover, so the profit is much greater than that of slow-turnover stationery. Shi Zhenrong later applied his experience in selling duck eggs to the enterprise and established a "small profit but quick turnover model", that is, the price of the product is set lower than that of his peers. Although the profit is low, the number of customers increases, the capital turnover is fast, the inventory is small, and the operating cost is high. For the reduction, the actual profit is greater than that of peers.

Although I didn’t talk about the idea you expected today, please use this story to give you an inspiration to choose your investment direction according to local conditions and decide what you want to do.