Elliott recovered soon, "Oh well, since we have enough capital, we can run our company for the first year without any stress and maintain our quality to establish ourselves in the market as something premium."This is how companies with enough initial investments handle business. They don"t care much about returns in their initial period of business while focusing on the quality. They set a standard while working in this period and showcase their best qualities.
After this period pa.s.ses away, a new standard is already established in their consumer base. Now, even if their price is two folds of the price of a similar product with inferior quality, their consumers will still select them because of the newly established standard and trust.
This was the business model that a fruit-named tech company used in the previous world, to which Alexander belongs. And seeing that Elliott suggested a similar business model of trust and quality, Alexander"s belief in Elliott was multiplied by another factor of 1000.
Alexander nodded, "I agree with Elliott"s plan."
Theo, Jacob and David joined in too, "We agree."
Since all the shareholders were now agreeing to the business model proposed by Elliott, it was now time to showcase the products and services to which this model will be applied.
"Brother, you said that you already possess a working project? Is it going to be the central focus of our company?"
Alexander didn"t reply immediately typed something again on his laptop and when the web page finished loading, he turned the screen towards the guys.
[ Today"s Revenue: 500,000 GD ]
What?! Are we high? But how can it be so high quality? Elliot and gang didn"t dare to believe their eyes.
Does this project already earn this much? But what"s this?
A stream of curiosity followed through the mind s.p.a.ce of the people standing there. They have seen or heard about many startups and several freelancing projects, but they have never seen anything that can generate this huge amount in one day.
Isn"t this just another cheat level existence?
"Brother, what"s your project about?" Unable to hold onto his curiosity, Jacob spoke out first.
"This amount is generated by people who read novels online." Alexander smiled.
What?!
Shock! Too much shock to handle anything further.
The trio felt as if their legs became soft, all of a sudden. They didn"t dare to believe what they heard just now.
Can web novels even earn this much? But why will the readers pay money to them? Can"t they just read on other sources?
Confusion! They were utterly confused!
"I bought copyrights of these novels and hosted them on my platform. So now, if a reader wants to read, they need to read here, after paying up. As the novel isn"t available on the author"s websites anymore. Hehe," Alexander continued explaining while maintaining a smile.
"Whoa! Brother, you have changed. You created a perfect business. Now we can slowly focus on this business and become a global leader in the entertainment industry." Theo praised.
This idea was really worth praise, for the people who have not witnessed the serialized story platforms from his world. But, Alexander shook his head slowly, " Although this business is going good, we have far better options than this."
"What? We aren"t continuing this business?" Everyone was shocked, what"s going on?
"Well, I have better ideas than this. I want to start a business in mobile platform development first. We won"t be dropping this platform of "Web Stories" but we won"t be focused on this. The market potential is too low in this sector." Alexander explained his ideas as well as worries. He needs to earn money quickly. He won"t be satisfied with this punny amount of money generated by "Web Stories", even though 500,000 GD looks like a huge amount of money but it"s not sufficient for his goal of domination.
After listening to the argument put forward by Alexander, Elliot fell into deep thinking mode. And the room went silent for 10 minutes while everyone was thinking.
"Do you have any experience in mobile platform development?" David asked, lately Alexander was acting weird and surprising him every now and then. First, he suddenly learned hacking and already became a G.o.d-level existence. Second, he suddenly learned the top-secret technique of chaotic forces of "Chaotic Lands". These incidents were just like a dream.
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"No, I don"t have any experience but I have some good ideas." Alexander denied. Even though he saw many codes of the most popular mobile operating system from his world, he never tried them. So, he was technically inexperienced.
"It"s good that you didn"t tell that you have experience in this too." David thought and then looked towards Elliot, the new CEO.
"This sector is really limitless if we can create something extraordinarily good," Elliot answered honestly. This world is too lagging in technological advancements, thus this sector is a potential diamond mine if one can exploit it successfully.
"If you have some ideas then we can start working on it after we hire some people from the Computer Science School of the academy in the upcoming hiring event after the Inter-Department Rush Event." Elliot continued with his plans.
"Huh?!" Alexander exclaimed, "Isn"t the Inter-Department Rush at the end of the month? We have to wait that long?"
David was also confused, "Why wait that long when plans are ready? Can"t we just hire people already working in the industry? We already have enough money to pay for them."