Reborn in Russia as an Oligarch
Chapter 49

I Can Get Every Step in Place

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15d ago

"An overseas study agency—an organization that recruits students from China to study in Russia." Wang Ye explained again.

Of course Liu Jun knew what an overseas study agency did!

He just could not believe what Wang Ye had said. Wang Ye had told him that he had also come to study abroad through an agency.

He had not even been here for a month, and he was already planning to start his own overseas study agency?!

Liu Jun had already found Wang Ye's performance selling phone cards hard to believe. An overseas study agency was far more complicated than selling phone cards!

Could Wang Ye really handle it?

Or was Wang Ye simply thinking of an overseas study agency as too simple...

"You need to understand that if you're only helping one or two people come study abroad, the procedures can be very simple, and the relevant departments back home won't bother with you. But if you want to recruit students for overseas study on a large scale, you must have the relevant qualifications. It's very troublesome to set up!" Liu Jun warned him.

He was afraid Wang Ye had confused the concepts!

After living in Moscow for so many years, Liu Jun naturally knew that the procedures for coming here to study were actually very simple and did not cost much. There was no real need to go through an agency.

He himself had helped the children of relatives and friends apply several times. It had not taken much effort.

But he had never considered starting an overseas study agency himself. Was it because he did not know that the industry was profitable?

Of course not!

It was simply because he knew he had no way to handle the qualifications for a domestic agency company, student recruitment, and all the other steps. That money was beyond his reach!

"Of course I know all that. I'm talking about a legitimate overseas study agency, one that can openly recruit students. Brother Liu, don't rush. Let's talk it through slowly." Wang Ye smiled as he explained. He had known Liu Jun would react this way.

"You know? And you still dare to start a legitimate overseas study agency! Let me tell you, if you want to register an overseas study agency company back home, you must have a proper university backing you. In other words, it has to be established through a legitimate university recognized by the Ministry of Education. How are you going to solve that one problem?" Liu Jun was so exasperated that he laughed.

Had this kid Wang Ye gotten too full of himself?

Did he really think handling overseas study applications was as simple as selling phone cards...

Wang Ye smiled faintly and said confidently, "There's a junior college in our city that was upgraded to an undergraduate university last year. It's only a second-tier university, but it's still a proper university. As it happens, my uncle is the director of admissions there. Through that connection, we should be able to affiliate the agency with that university."

Don't take on porcelain work without the diamond drill bit!

Wang Ye had not simply seen the huge profits in overseas study agencies and charged in without a second thought.

He had considered his own circumstances and believed he had a chance of making it work!

Besides his uncle, Wang Ye's family also had some connections that could help him establish ties and open up some channels at a university in the provincial capital.

At the end of the day, anyone who could send their child abroad to study, even if it was only to Russia, would not have an especially ordinary family background...

Perhaps Wang Ye's own family was not particularly well-off, but his extended family had a rather complex network of connections. In that small hometown of theirs, they had at least some influence in every trade and profession.

Liu Jun's expression froze. He had not expected this kid Wang Ye to actually solve the first major obstacle.

Still unconvinced, he asked, "Even if you can use connections to affiliate your agency with a legitimate university, where will the startup capital come from? To set up a proper agency, you need office space, registered capital, and staff, right? Never mind the advertising costs later on—wouldn't the early preparation costs alone require several hundred thousand yuan?"

In the end, doing business required capital. There were not many opportunities to make money with nothing at all.

Several hundred thousand yuan in 2001 was an enormous sum for the vast majority of people!

Liu Jun refused to believe Wang Ye could come up with that much money.

He had not been selling phone cards for long either. Even counting everything, he had only made one or two thousand dollars. He was nowhere close.

Wang Ye remained calm as he answered:

"I've roughly calculated it. We can establish an overseas study agency here in Moscow, and the company registration procedures are very simple.

A few days ago, I helped a classmate with one. Everything cost only one or two thousand dollars.

As for office space and staff, I can find a way to handle those without spending money!

Then we can use this Moscow-based overseas study agency to cooperate with that university in my hometown back in China and entrust them with student recruitment. We can give them a commission for every student.

That way, the domestic expenses can basically be omitted. We will not even need to advertise or recruit students ourselves.

Of course, even so, some necessary expenses cannot be avoided.

I estimate that with thirty thousand dollars, we can get this started!"

Liu Jun was completely dumbfounded.

Because he realized that, according to Wang Ye's plan, this did not seem difficult at all...

Wang Ye had already opened up every link in the chain!

After thinking for a long time, Liu Jun realized he had nothing left to question. He asked sourly, "Since you've already thought everything through and can solve every problem, why did you ask me?"

At that moment, his heart was filled with frustration.

He usually seemed to be doing fairly well. He had been in Moscow for more than ten years, was fluent in Russian, and had a wide network of contacts.

But after all that, he was still only doing small-time business and had not made much money!

Meanwhile, Wang Ye had only been in Moscow for one month and was already about to start a big business!

Once this overseas study agency succeeded, honestly, Liu Jun would be completely unable to compare with Wang Ye...

How could he not feel dejected...

"Haha, since I came to talk to you about this, Brother Liu, I actually want you to join us. Once this gets started, there will be a lot of tedious work. Someone will need to run back and forth and keep in contact with China. Also, I want to organize teachers from Moscow University, People's Friendship University, and several other universities to go back to China and give presentations or something. All of that requires manpower, and I can't handle it alone. What do you say? Let's do it together!" Wang Ye said with a smile.

His purpose in talking to Liu Jun about this today was not to seek Liu Jun's opinion, but to bring Liu Jun in and work together!

Just as he had said, once the overseas study agency was launched, there would be a great deal of tedious work afterward.

A business worth several million, perhaps even tens of millions—how could it possibly be simple...

They needed someone experienced and familiar with both Moscow and China to handle the practical matters. Liu Jun was the most suitable choice!

Liu Jun was immediately tempted.

Because he understood that if this overseas study agency really got off the ground, it would make far more money than selling phone cards!

After hesitating for a moment, he asked, "What are the terms if I join? How much money do I need to put in? How much equity can I get?"

This was a very realistic and very important question.

If Wang Ye did not let him buy in and merely wanted him to come help out—

Or if he was only offering him a job with low pay, then why the hell would he do it?

But if he was buying in, then it involved capital contributions and equity. Such matters had to be discussed in advance.

Even brothers settle accounts clearly. He and Wang Ye had only known each other for a short time and were not that close...

End of Chapter
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