Blackstone Code
Chapter 73

Always Thinking of the Customer is the Key to Success

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The gentlemen sitting here don't seem to care much about Lin Qi's business; the only Auction House Auction House that really make money are those that cater to the Upper Class.

Ten thousand ordinary people cannot create as much profit as one tycoon. Ordinary people need to think for a long time before buying things, and they will immediately give up if the price is slightly higher than they can afford.

But the wealthy are different. They only talk about what they like or dislike, and never consider the actual value of an auction item. Most people say there is no upper limit to what they like.

The conversation quickly shifted from the businesses Lin Qi or others were running to the Financial Market, with everyone exchanging reliable and unreliable rumors.

In reality, they are all unreliable, because truly reliable rumors never circulate and are limited to a few people, unlike the rumors that can be spread and exchanged among people far from the Federal Financial Center, making them known to everyone in the world.

From another perspective, the information they are sharing is all information they cannot verify themselves, and most of it comes from their Stock Broker, who... are not all good people.

The social card game ended amidst everyone's casual conversation. Lin Qi wasn't very lucky; he lost about ten dollars. Everyone else had their wins and losses, but the amounts weren't large.

This is a social card game where people are not gambling, but rather getting to know each other, getting to know each other better, and understanding each other's political stances, business attitudes, etc., in order to determine whether they can become good friends.

After the card game ended, two gentlemen walked at the back and warmly invited Lin Qi to a small gathering they were hosting, which included some residents of the community and some friends from outside.

This is the core of Middle Class community culture, but this community culture will soon become indifferent as times change. After experiencing some social changes and major events of the times, people begin to refuse to share opportunities.

This may not be the best of times, but it is certainly not the worst of times.

Watching the people leave, Lin Qi made a phone call to have the community service company come and clean up the mess for him...

For the past few days, Lin Qi has been spending his time at various social events, and he has also started to pay attention to the Financial Market. He found that in the three social events he attended in the past few days, the core of people's conversations was always about how much money they had made while lying down in the Financial Market.

When everyone is making money, it means that the risk is getting bigger and bigger, and disaster is coming. The reason is simple: if someone makes money, someone else must lose money. Profits cannot be created out of thin air, but it is possible that such losses do not happen immediately, but are relatively delayed.

One morning, Lin Qi was watching television, where politicians were touting the astonishing achievements of the Federal economy, as if it were all the result of the President's and their own strategic planning, when the phone suddenly rang.

Lin Qi turned down the TV volume and picked up the phone. "It's me..."

Sometimes, these seemingly unrelated celebrity interviews and talk shows reveal details that people often overlook. For example, when a politician talks about his achievements, he mentions something that Lin Qi found interesting.

"Lin Qi, it's me, Fox. Can you come over? We need to talk!"

The call came a little later than Lin Qi had expected; he had thought Fox would run into trouble sooner. But it wasn't too late. He agreed, tidied up quickly, and went out.

He was considering buying a nicer car; a luxury car would make him look more like a successful person. He had met such a guy in the small room.

That person was practically penniless. He used the money from selling his house to rent a top-of-the-line luxury car, buy a new outfit, and used some gadgets to composite himself with certain leaders in a photo. Surprisingly, he managed to swindle a considerable amount of money.

What's even more interesting is that the guy was arrested because he turned himself in; if he hadn't, he would never have appeared in front of people again.

People always tell themselves not to be superficial and judge by appearances, but everyone seems to make the same mistake.

When I arrived at Gatnau Financial Company, the number of people queuing up was not much less than before. While the Middle Class, including the Upper Class, were still discussing the dividends brought by financial investments, they did not notice that huge problems had emerged at the bottom of society.

When Lin Qi arrived at the office, Mr. Fox warmly greeted him, "Are you busy at noon? If not, how about we have lunch together?"

After Lin Qi's detailed explanation, the old man began to talk about the trouble he found difficult. "We've always been good friends and have had a pleasant working relationship. I won't beat around the bush, I've run into a problem."

Lin Qi nodded. "I'm listening..."

"That's right. With the expiration of the agreement, the rights to some of the collateral have been transferred. You know, these things have become mine, but my problem is that I can't effectively liquidate them!"

When Lin Qi devised a high-interest operation for Mr. Fox by abandoning the collateral, Mr. Fox was quite happy. It was a big deal, and he was sure to make a profit. He just didn't expect that it would be so difficult to liquidate the assets.

From a beautiful set of tableware to an unused oven, these items, even if brand new and costing only half their original price, are now difficult to sell.

Wealthy people are unwilling to use things that others have used; they have a kind of inexplicable obsession with cleanliness, which is triggered by the fact that they still have some money.

Even if those without money wanted these things, they wouldn't have the money to buy them. Not to mention, the people Mr. Fox came into contact with were often people who brought things in to get loans, and they were even less likely to buy anything here.

The goods were difficult to sell and took up too much space. Mr. Fox had already rented more than a dozen warehouses in the suburbs to store them, which was a real hardship for him.

What's more troublesome is that he still has to pay bank interest. Loans from banks also require interest. After negotiations between Lin Qi and Qiao Geliman, and with some policies introduced by the Federal Government, the loan interest rate was appropriately lowered, but Mr. Fox still needs to pay interest.

He can choose not to repay the principal, but he cannot avoid paying the interest. The money in his hands is rapidly snowballing, at least according to the mortgage agreement. He has invested the vast majority of his money in the business of making money from money, leaving only a small amount for emergencies.

If he terminates some agreements now, his losses will be significant, especially those with compound interest. After paying bank interest, he won't actually earn much. Therefore, he is reluctant to terminate these agreements prematurely and can only consult with "the clever Lin Qi." He believes that Lin Qi will definitely have a solution.

After listening to Mr. Fox's request, Lin Qi shrugged and easily took out a solid-colored cigarette from the metal box on his desk. "You can sell those collateral items; someone will need them."

Mr. Fox didn't speak, but Little Fox, who was standing behind him, continued, "We considered this method, but..." He shook his head, "It didn't work well. Yesterday we only sold less than twenty items, and they were all cheap little things. This approach won't work."

Lin Qi slowly cut open the two ends of the solid-colored item, turned on the blowtorch, lit one end, took a drag, and slowly exhaled. "Mr. Fox, and Mr. Fox., you think these things are hard to sell because you're not professional enough!"

"I have a very valuable insight, which is to 'leave professional tasks to professionals.' You are not a professional, so you can't do it, but others can!"

Mr. Fox's eyes darted around, and he looked at Lin Qi. He paused for a few seconds, "So who is the professional, and what should I offer in return?"

Lin Qi chuckled and shook his head, crossed his legs, and flicked his cigarette ash. "If you don't mind, Mr. Fox, we can talk about our next collaboration!"

Mr. Fox couldn't help but laugh. "I have this feeling that I've been tricked. Is that a normal feeling?"

Lin Qi cleverly replied, "People have this unreal feeling when faced with happiness; they don't believe that happiness comes so easily, which fits your current situation perfectly."

"You're a talent, Lin Qi, my friend!" Mr. Fox exclaimed sincerely. He had realized he'd been tricked, but he didn't regret it.

Lin Qi replied with a smile, "Thank you for the compliment, Mr. Fox!"

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