Change Your Life with the USB from the Future!

Episode 137 - Frontyard Multi (2)

I looked at my business card.

OK.

[Limited Liability Company Hermit Crab. Representative Kim Jun-young]

Not long ago, where the names of hermit crab academy and academy were written, I saw other names written on them.

“Limited Liability Company”

A legal entity in a closed form that cannot be securitized but is instead free from external restraints. It was a company system suitable for a company with a size of a small and medium-sized company.

In fact, at first, I had no intention of converting the company into a corporation.

Because it was my judgment that the name of ‘hermit crab’ should always be in my hands.

However.

‘I didn’t know it would be that expensive.’

It had no choice but to expand into the offline market.

It was because the listings in Noryangjin and Daechi-dong were literally showing crazy prices.

to some extent.

[Noryangjin. 140 pyeong of land. Total floor area of ​​450 sq. 1st basement floor, 5th floor above ground. 5 billion in sales. Deposit 500 million won, monthly rent 36 million won, management fee 5 million won]

[Daechi-dong. 130 pyeong of land. The total floor area is 380 sq. 2 stories below the ground and 5 above the ground. Sales price of 15 billion won, deposit of 1 billion won. The monthly rent is 48 million won. 7 million won in management fee]

.

.

A building on a barren land is more than two or three times the price of hermit crab academy?

So, in the case of a building of a certain size, basically, you have to hold 7-10 billion won of funds, and then you can barely get a place to rub your body.

“All the economic fruits of technological progress and civilization eventually fall into the hands of the land owner.”

What Henry George said in felt like it was engraved deep into my bones again.

'That's why you're doing real estate... .'

So, I got into trouble after finding out the prices of the actual items.

I have about 5 billion won.

During that time, it was the sum of almost all of the money including school management, internet broadcasting, internet lectures, publishing royalties, broadcasting fees, and down payment with TK.

Obviously, this amount of money alone was enough to build two and a half existing hermit crab academies, so it was not an amount of money to go anywhere.

However.

‘Five billion? Oh my, you are so young. Hmm… But even if you get a loan from a bank with that amount, it seems difficult to get the property you want.’

He was just a kid in the real estate market.

Because contracts worth tens of billions of dollars were signed several times a day on this floor.

‘I didn’t know you would be worried about money.’

I left the real estate exchange feeling the feeling of a dwarf looking at the Colosseum of giants.

But I couldn't give up like this.

When the price of real estate is this high, it also means that there is a lot of profit.

'Assuming it's not a bubble, of course.'

So, if I just advance, I was confident that I would make a profit in no time.But the problem was time.

'If you start saving money... It will take two or three years.’

I am 33 years old. As a member of society, I wasn't very old, but I wanted to establish myself and my position as soon as possible.

So, I thought about it for a while to find a way, and talked with many people.

Then.

‘Ah, CEO, there aren’t that many people with that level of confidence. Everyone gets a loan or another person or corporation invests and runs it.’

I was able to find the clue in the conversation with Lee Hyung-sik.

In an instant, it felt like my eyes were lit up.

'invest'

Spending money now for future income.

It was something I hadn't thought of since I was planning to lead the business somehow with only the assets I had.

‘Yes, if this is it.’

In this way, I was able to significantly reduce the time and burden of entering Noryangjin and Daechi-dong.

'Of course you have to be careful of flies'

So, if only I could filter out the flying flies who are aiming for the management rights of my company or demanding unreasonable profits.

And if you can allocate the correct returns to your investors, there really is no better option than investing.

Therefore, after I finished the conversation with Lee Hyung-sik, I looked for investment places.

But.

'Well… I think it will be difficult because there are so few assets here.’

‘Did we talk about this company and management rights?’

‘Ah, was this the place where the CEO entered for fraud?’

Surprisingly, I couldn't find the right place.

It was because individual investors could not receive the amount of investment I wanted in a short period of time, and corporate investors had quite a lot of expectations.

‘Only management rights must be completely in my hands.’

As a result, it took me a while to find the company that seemed the most likely.

'Yo tube'

It is a place that has an asset size suitable for a global scale. So far, the hermit crab academy has established a good relationship. And these days, it was a place that was engrossed in a new profit structure.

‘If you follow the yo tube, it is possible.’

But when I first got lucky with the Yotube side.

‘Hmm… I'm sorry, CEO, but it seems difficult to accept that offer.'

Yotube expressed its intention of refusal.

He seemed to be cautious about investing as it was an interest group.

‘Well, if I had proposed a content business, I might have gotten a positive answer.’

But this time after the Gyeongju-Ulsan earthquake.

‘CEO, is the story you said last time still valid?’

‘What are you talking about?’

‘Are there any investment problems you mentioned last time?’

'Well… Yes, it's still valid, but why... ?'

‘Ah, this time, there was talk that the management should review the issue positively once again… .'

The unexpected happened.

It seems that this time, the positive image of me and the hermit crab academy was formed that influenced Yotube's attitude.

‘I must have re-thought my brand value.’

Originally, it takes less than a second to build a negative image, but it takes a long time to build a positive image.

From the perspective of content company Yotube, I seemed to think that I could share my positive image just by having a relationship with them.

there

‘You must have thought that I had never failed until now.’

And as a result.

'CEO… Investment approval has gone down.’

Take My Money!

A large investment was made on the side of Yotube.

The total amount they invested in me was 4.9 billion won.

It was a little too small to buy a building in Noryangjin or Daechi, but I thought I could cover the rest with my own money and bank notes.

After that, it was a series of happy worries.

‘Well, which building do you want to live in? 8 floors? No, it’s too big, so the 5th to 6th floor is suitable.’

Of course, it was not without difficulties during that time.

‘But there are conditions on our side as well.’

‘What?’

‘Once you convert the company into a corporation.’

Even when Yotube first mentioned these conditions, I couldn't help but be a little embarrassed.

Even if not, it was because there were places that had a similar story to Yotube among the investment places that showed interest in me.

‘Once converted into a corporation, and then the investment… ’

Of course, if those companies were normal companies, it would have been fine.

The problem was that most of the companies that had similar conditions to Yotube were companies that demanded unreasonable profits from me or were talking about management rights.

'Well… I don’t really like it.’

Because of this, I spit out a negative answer to the condition on the yo tube side.

Because I didn't have a hobby of keeping my eyes open.

However.

'Yes? President, why are you like this?’

‘I have no idea of ​​a corporation in the form of a joint stock company.’

'Yes? Oh, I think you have misunderstood something.’

‘Are you wrong?’

'Yes. The type of corporation we talked about is a limited company. No, it is a corporation in the form of a limited liability company.’

The moment I heard Jang Hoon's words, I couldn't help but smile bitterly.

It was because I realized that I had misunderstood after hearing Yotube's story.

‘I must have misunderstood.’

‘Haha, you could. Most of the people in Korea think of a corporation when they think of a corporation. But, representative. Yotube Korea is also a limited company, so would we recommend the company to the CEO?’Well, then it might be worth considering setting up a corporation.

What I was worried about was that when I set up a corporation in the form of a corporation, my management rights would be threatened and I would be bound by complicated laws and regulations.

And as a result.

'great. Let’s set up a corporation.’

With 4.9 billion won of funds supported by Yotube and 5.1 billion won of funds I squeezed and squeezed as capital, ‘Limited Liability Company Hermit Crab’ was born.

After that, with the 4.9 billion invested, I.

'Gosh. Are you the one who came last time?’

‘Did you go out for sale last time?’

'No, not yet… I guess it's because he's bulky... .'

'Good for you. I’ll let you buy the property.’

We purchased a building in Noryangjin to provide offline lecture facilities and online broadcast filming facilities.

Originally, the new buildings to be purchased this time were planned to be used entirely for the offline market.

‘Ah, President! I don't have enough space to shoot... .'

‘Byul, my sister! Can’t I shoot first today?’

‘Don’t do that, how about the annexation?’

‘Ah, it’s not an internet broadcast, what kind of banquet is it?’

The Ingang filming space at Hermit Crab Academy was getting cramped, so I thought it would be better to prepare a more full-scale filming space with the future in mind.

'It's probably going to get more and more people.'

Of course, the space below was originally expected to be used as an offline lecture space.

After that preparation, there was only one thing left.

That's the opening. It was a serious take on students.

But I still haven't opened it.

because.

‘Because the buttocks of Daechi-dong parents are heavy.’

It was the Daechi-dong Market that prioritized word of mouth from reliable people over rumors and advertisements.

So, if you approach it hastily, you could end up in a state of not being able to eat or porridge.

Because there are already people who are already ruling Daechi-dong, appealing the hermit crab academy to parents was more difficult than I thought.

‘That’s why it’s so difficult for latecomers.’

The gap between the starting and late runners.

It took an enormous amount of effort and time to fill the deep gap between them.

No, it could have been impossible even with enormous effort and time.

Because other people didn't just stand still.

However.

‘It is possible in any country.’

I already had a way to close the gap once and for all.

I checked the date on my phone.

Then on the phone calendar app.

I saw something marked [D-1].

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