Losing Money To Be A Tycoon Chapter 688
Advertisement
Chapter 688: Workload in the Level of Yu Gong Moving Away Two High Mountains
Pei Qian smiled slightly seeing Yu Pingan’s extremely lost expression.
Feeling lost? You’re on the right track!
If you are lost, it would mean my chances of losing money would be very big!
Pei Qian had carefully considered this question. The current models with a relatively high probability of success were wikis and Q&A; both of which had been done by Qiandu search engine.
They could not be considered successful; neither could they be counted as failures.
This world did not have Bihu for the time being, but Pei Qian could roughly base it on Bihu’s model to come out with a less successful model.
In Pei Qian’s memory, the Bihu mode was very successful, and its goal is to create a ‘high-quality social Q&A website’.
There were two keywords here—’high quality’ and ‘social’; both of which were indispensable.
In the beginning, it was based on the invitation system, and registration was opened after two years. In less than a year, the registered users climbed from 400,000 to 4 million, and a year later, it received 20 million US dollars in Series B financing.
Many people thought that open registration would make the atmosphere of the entire community worse. This was an objective fact, but it was also a trade-off that this business model has to make.
The invitation system and strict restrictions on the number of registered members could indeed guarantee the high quality of the entire website, but then again, any website would need a lot of traffic and users to develop.
The invitation system and strict restrictions on the number of registered members would indeed make the atmosphere of the website better, but to obtain financing, visibility, revenue, and the website traffic must be high.
The creators would also need a lot of traffic to gain exposure and turn this exposure into popularity and tangible benefits.
The successful model of a similar platform should be a perfect balance between the user growth rate and the quality of the question and answer, and neither of which was dispensable.
Therefore, Pei Qian’s approach was about not seeking any balance, not having any heat and traffic, and dissuading users as much as possible!
First of all, all users of useful apps must pay before they could browse the contents.
This would directly dissuade more than 90% of users.
Moreover, determining the profit model also played a role in fooling the system.
Pei Qian knew that, even after ten years, the payment rate of similar Q&A platforms was extremely low because most people were unwilling to pay for knowledge. This was a matter of perception.
Without users and traffic, Useful App would not become popular.
Secondly, cracking down on the behavior of reprinting, stealing, copying, and pasting… on the one hand, Pei Qian hated such behavior; on the other hand, it was also to further reduce its popularity.
Advertisement
There might be a strong sense of copyright in this world, and piracy in movies, games, and novels has been extremely rare. However, there was still no way to completely prohibit such things as manuscript washing.
After all, the cost of law enforcement for it would be too high. Even most people would not have found out even if their manuscripts were pirated.
What if high-quality content on the Useful app was reposted in various ways and attracted users?
Pei Qian felt that he should simply prepare a team of lawyers for the Useful App team and stare at whether there is anyone on the Internet pirating the content in the Useful App.
On the one hand, it would prevent the secondary spread of the contents on Useful App and its popularity. On the other hand, it would also crack down on the pirates who steal things and work as porters on the Internet—sweet revenge!
When Pei Qian thought of the large number of repetitive web pages he found when he used Qiandu to check the information, he wanted to personally hold a knife to the throat of these plagiarizers and discuss life.
Finally, all real-name authentications and strictly restrict users in all directions…
Ordinary users—that was the readers—might have paid membership fees but could only read; they could not express their opinions or even leave a message for discussion.
As for those creators, they could only answer the content of their professional field, and once they found that the text was wrong or the answer was wrong, they would be deleted.
Of course, the hard-written answers would be sent to the original author through private messages, but they could not be displayed on the Useful App.
On the surface, writing the answer here could result in income, and the monthly membership fee would be distributed to the creator as a reward.
However, the point was that few people would actually be paid under this model so the creators won’t get much money.
As a result, they would be caught in a vicious circle of ‘no traffic-no money-no creators’.
Wouldn’t it be easy to succeed at making losses?
The more Pei Qian thought about it, the more he felt that this model was really perfect.
Absolutely possible to make a loss!
Yu Pingan was clearly aware of this.
He was originally specialized in educational projects, and he also had a deep understanding of similar wiki and Q&A products. How could he not see the fatal flaw in Boss Pei’s model?
Yu Pingan suppressed the doubts in his heart after thinking about the series of successful operations by Boss Pei.
He considered for a moment and asked, “Then… Boss Pei, can you talk about the specific approach?”
Pei Qian nodded. “Of course!
“The Useful App is a synthesis of wiki and question-and-answer mode. We will also create many entries based on keywords. The entries include two sections of ‘core content’ and ‘derivative content’.
Advertisement
“Our creators are divided into three star categories, and there are corresponding problem areas.
“If you want to become a creator, you must provide certification information to our reviewers to prove your professionalism in the field.
“One-star creators can only edit and interact in the ‘derivative content’—that is, they can only answer questions in their own field of expertise or comment on other answers.”
“Two-star creators can edit the ‘core content’. The ‘core content’ is equivalent to the essence of the whole concept and the index part. At the same time, they have authority. If they think that there is a factual error in the content of a one-star creator, they can report the content.
“Three-star creators, in addition to the editing rights for all content, can also view the historical version of each entry and view the additions and deletions of content by various creators. At the same time, they can handle the reported content.
“Our staff will have the highest authority. If the three-star creators violated the rules, they will be dealt with after a discussion with our staff.
“All one-, two-, and three-star creators would be invited by our staff in the initial phase. The vetting can be initiated and decide whether something could be upgraded based on their output or not.
“If a certain creator violates our creative regulations—such as incorrect text, incorrect facts, maliciously inducing answers, etc.; they must be deleted.
“Our app is called ‘Useful’, which means that all the information above must be guaranteed to be useful.
“We may not have an entry for everything, but we must ensure the correctness of all our entries.
“For some highly controversial and inconclusive issues, we must indicate that the issue is controversial and write down the opinions of both parties in the dispute; if it is too controversial, we simply don’t include it.
“For example, we will not deal with emotional problems with high traffic, trembling and spiritual problems, and warfare problems.
“Real-name system, membership system fees…
“Our real-name authentication system must be as strict as the payment software. Each account must be bound to an ID card and face recognition, and we only have one charging model: membership, delayed charging.
“Every month, we will charge based on the usage time and page views of the member in the previous month.
“There would be no charge if it was not used at all.
“If it was used, the minimum charge is one yuan and the maximum charge is 15 yuan.
“At the same time, we must do a good job of anti-theft and anti-crawl functions. For online manuscripts, we prepare a team of lawyers to go to court at any time, and all the compensations recovered will be returned to the creators!
“At the same time, creators can get incentives, and the value of incentives mainly depends on three aspects: the star of the creator, the number of edits and answers of the creator, and whether there is any violation or none.
“We will spend 90% of all monthly membership fees as incentives for creators. The remaining 10% will be used for daily maintenance and development of the website. If the maintenance and development costs are not enough, I will make up for them.
“That’s about it. Is there any question?”
Pei Qian said all his ideas in one breath and took a sip of tea in silence.
Yu Pingan was at a loss. He was silent for a long time before asking: “Then, Boss Pei where will the first batch of content on the app come from? We need to cooperate with Qiandu wiki or some other similar websites to use their content?”
Many websites that made wikis got their contents directly from the Internet. This phenomenon was very common.
Pei Qian shook his head immediately: “Of course not!
“What we have to do is to have absolutely original content and should, of course, be started by ourselves! We do not let others copy us, and we naturally cannot copy others.
“All entries will be made from scratch and must be clearly different from Qiandu wiki.”
Yu Pingan was stunned: “Boss Pei… the workload would be of a similar level with Yu Gong moving away two high mountains!
“I am afraid that this app will not be profitable in the next 10 years according to this approach…
“Don’t even talk about profitability—even traffic may be difficult to get…”
Pei Qian could not help but be delighted.
Really? You think so too?
Great!
You are more optimistic than me, thinking there would be no profit in the next 10 years!
Pei Qian felt that he would have to thank God if this thing could guarantee that it would not be profitable for the next five years.
There were at least a dozen cycles in five years, enough to lose money!
He could not even begin to phantom something as good as not being profitable for 10 years.
Pei Qian smiled slightly: “Yes, this is indeed a job with a huge workload.
“However, it is also very meaningful. We have to create a pure land without rubbish for the Internet which is already full of it.
“There is a saying that the best time to plant a tree was ten years ago, the next best time is now.
“We have to start quickly since the workload is so heavy, right?”
Advertisement
- In Serial48 Chapters
Ardent Tears
[Participant in the Royal Road Writathon challenge.] Youth is something to be treasured, for it is the foundation upon which all experiences are built. It is also a time when some may Awaken as Ardents or Stoics; individuals who can draw great power from the Resonance of emotions. Rowan’efrii is one such youth, but at what cost? This is the story of her journey; of love and loss, friendship and isolation, fortune and tragedy. What can a girl do when she is faced with all the wonders and horrors that the world has to offer? Live! In the Kingdom of Særis, a group of renegade lords are seeking to enslave young adolescents to forge them into Ardents and Stoics. Those that fall will be used in a war against the Azure King. Will they break Rowan, or will they turn her into the very thing that will destroy them. Ardent Tears focuses heavily on all kinds of relationships including: romantic, familial, platonic and sexual. The MC is a clear example of this, especially as she is poly. Because of this, I gave the story my own Poly Tag. This won't be anything like a Harem story and it is being written by someone who is polyamorous (me). There is also going to be several LGBT themes throughout which can't be represented through Tags. Ardent Tears is now on Top Web Fiction. If you like the story, I'd appreciate it if you give me a boost by following this link and pressing boost. Massive thanks to KrazeKode for the amazing cover art. And special thanks to MelasD and Selkie for the shout-outs.
8 117 - In Serial19 Chapters
The Legendary Hoarder (VRMMORPG)
Synopsis: With his families debt accruing more interest than he can pay off, Axel decides to put on the VR helmet in a desperate attempt to pay it off. He soon realises that making money illegally in a game is far easier than real life. With his experience in accounting, he tries almost anything to fill his pockets with gold without drawing too much attention. However, his young, joyful self who enjoyed playing in VR, is no longer around. He's rude, crude, and his name is Axel Smudge, AKA The Hoarder; he's going to shake the pockets of every player he passes.
8 130 - In Serial11 Chapters
First Iteration
What is a soul ? Is it your true self ? Would you be the same if your soul kept traveling from life to life but your memories faded for each new life you had ? Your education would be different each time, your growing environment would be different, your personality might change. So what is the purpose of the soul ? Mortals never got an answer for this question. Finding an exact definition didn’t matter for them, what they knew was that a soul allowed reincarnation. Even if they lost some memories, getting glimpses of their past lives was more than enough. Getting the possibility of a new life, a better life was what they thrived for. This became an even greater truth as progenitors, the first of their cycle, became scarce. As hundreds of new progenitors were born each century, nowadays, no more than a handful of them appeared every 200 hundreds years. As they represent a new cycle, they embody new opportunities: some progenitors have made kingdoms, others have been their doom. So when four of them appeared at the same place, at the same time, how can it not be perceived as a sign ? A sign that things were about to change…
8 172 - In Serial46 Chapters
Hell's Angels
In the endless expanse of the universe, there is only one place that everyone, be they human or something else, will visit at least once.Hell. This place of ruin and torment is the beginning and end of countless stories throughout time. In this story, Solomon takes his turn in the bowels of Hell and it's nothing like he expected.Aside from the fire and brimstone, Hell is pretty hospitable. Every demon trapped within Hell has learnt of the existence of Karma... The hard way.And now... they will do anything to improve their Karma.Anything to get out of this Hell-Hole! ------------------------------------------------------------------------- In this story, the mc joins the ranks of the demonic horde and fights his way through the nine circles of Hell. When he arrives in Hell, his memories of his past life are wiped clean. And he quickly learns that he only has a year before his soul is destroyed. To avoid meeting such a morbid end. He must overcome the Trials of the Nine Circles to ascend to immortality. Each one will be harder and more dangerous than the last. Various mythological figures and gods will exist throughout the world and interact with the mc as both allies and enemies. All Chapters are between 2000-2400 words
8 218 - In Serial16 Chapters
Forsaken By The World
How much are you willing to do for your dream? Kuroki Rin thought she had done everything she could to become the Hero she had always wanted to be. She thought that even if she wasn't blessed with Superpowers like her family, she could reach their height with enough hard work. Yet, when reality came calling—when monster who could move at the speed of sound nearly killed her— she was made aware of how shallow her thinking was. Driven by Despair, how was she supposed to resist the temptations of a Villain? Schedule: Monday
8 321 - In Serial7 Chapters
Tahneen
Is life fair? Of course not. Have you ever considered yourself lucky? Of course not. Do you have a family? Of course I don't. Do you know who the people who are the really lucky ones? The people who have something they can call a family. Once you actually lose them, you question the whole world, wondering what God or the Gods have planned for you next. The really unlucky ones see the death of their entire family within grabbing distance and still couldn't do anything. You think your life should just cease to exist because you have nothing if you don't have your family. Now what happens to people like this? Simple. Most of them either kill themselves, move far away so they aren't haunted with ghosts, or get revenge. Now what if you have accomplished the revenge part. What's the point of your life now? You actually think you can finally move on with your life but what if there's something you never knew about your family. That there are secrets so hidden that everything you knew about your family is just the tip of an iceberg.Author's Note: The story will not progress in the fantasy and adventure part of the story until much later. All pictures will be drawn by me and might possibly lengthen chapter timings.
8 267

