"I am so poor that I only have one dollar left?" Fu Heng was stunned. He obviously didn't expect that Yang Fei would ask such a question and pondered, "I really never thought about this. If one day, I am so poor that I only have one dollar left, what can I do?"

This is a test question.

What tests your attitude towards life and your choice when facing setbacks.

At the same time, this question is still testing economics and business acumen.

You are not nothing.

You still have a dollar!

This dollar is your capital!

With this dollar, what can you do and what can you do?

Fu Heng couldn't think of it, what's the use of one dollar?

Buy a dollar of wine? Get drunk and sigh that life is like a dream?

Can you also buy a rope to survive this life?

Fu Heng said with a heavy face: "I can't think of it. Maybe I will come here to eat a bowl of noodles with this dollar, and then do whatever I should do. If the business fails, life will continue."

Yang Fei asked Fu Ying, "Where is Miss Fu? Are you interested in answering this question?"

Fu Ying said: "The situation you mentioned is impossible for me to happen. Even if I only have one dollar left, I have relatives and friends, I can still work, and I can still make money."

Yang Fei nodded: "So this is just an assumption. For example, if your father and I work together in business, we lose one billion yuan and owe the bank one billion yuan. Do you think any friend or relative you have will open the door to greet you?"

Fu Ying was shocked, fell into deep thought, and said, "That's really a sad thing."

Fu Heng said: "The question Mr. Yang asked is not impossible. I have a friend like this. He is also an antique business. He accidentally learned about the location where a group of merchant ships in the Ming Dynasty sank, so he invested all his wealth and borrowed tens of millions of foreign debts to salvage them."

He said, holding up the wine glass, taking a sip, and saying in a deep voice:

"The salvage of a shipwreck is a time-consuming and laborious job. The difficulty of salvaging a shipwreck depends on the shipwreck condition and the sinking state, the water environment of the shipwreck waters, and the seabed geology. It took him two years to waste hundreds of millions of funds, but the value on the shipwreck is far from enough to repay the debt."

Yang Fei said: "This is really a sad story."

Fu Heng said: "He has looked for everyone, but no one pays attention to him. He came to me, and I gave him 100,000 yuan for the sake of past friendship. He took the money and ran to Macau to take a gamble, and then lost completely again."

Fu Ying asked, "Dad, what about him now?"

Fu Heng was silent for a while and said, "This year is his third anniversary."

Fu Ying exclaimed: "Has he committed suicide?"

Fu Heng said: "After losing, he jumped into the sea."

Fu Ying said: "Mr. Yang, then I'm very curious. What if it were you? There is only one dollar left on you, what would you do?"

Yang Fei said: "I will use this dollar as capital and make a comeback."

Fu Ying asked curiously: "The cost of one dollar? How to make money?"

Yang Fei said lightly: "One dollar is also purchasing power. As long as you have a correct vision, one dollar can become ten dollars, hundreds of dollars, and thousands of dollars."

Fu Ying said: "I can't think of how to make money for one dollar? There are too many people who have one dollar, and everyone has not made a fortune because of it."

Fu Heng was also very curious about how to do business for one dollar?

Yang Fei said: "Let me give an example. You can buy a stack of colored paper for one dollar, and count fifty pieces. I can use this stack of colored paper, fold it into paper windmills, and then find some free bamboo branches to make beautiful colored windmills, and sell it at the entrance of kindergartens and primary schools. One cent per cent, and in one day, this dollar can become five yuan. The next day, five yuan can become more money. When I have dozens of yuan, I can go to the wholesale market to approve some small commodities and set up a stall."

Fu Heng and his daughter looked at each other, both surprised and surprised by Yang Fei's thoughts.

Yang Fei said: "You must think that my idea is a bit exciting, but it is really feasible. You may not believe it when I first started my business. When I first started my business, I only had 250 yuan in my pocket."

Fu Heng and his daughter were shocked again.

Two hundred and fifty dollars!

But Yang Fei used this little money to build a huge business kingdom!

"I can't say I've succeeded yet," said Yang Fei. "I always feel that I'm still starting a business. So, when I'm eating a bowl of noodles, I also feel that this dollar is hard-earned. If one day, when only this dollar is left on me, I can't even eat this bowl of noodles."

Fu Heng smiled and said, "Mr. Yang, you often think about the times without sunshine. Don't regard the times as there are times! You are so young, but you have the wisdom of life that I only have at this age. If you ask me this question, it seems that my answer has not met your expectations?"

Yang Fei said: "Everyone's choice is different. Mr. Fu's choice made me see an open-minded attitude. From the perspective of sunk costs, your approach is not wrong, and you also rarely maintain an optimistic attitude."

Fu Ying said: "What is sunk cost?"

Yang Fei said: "The cost of sunk is a cost that has occurred due to past decisions and is not changed by current will or decisions. For example, I bought this bowl of noodles for one dollar and found it not delicious, but when I think it has been spent, I have to finish eating it no matter how bad it is. But I feel wronged to continue eating. How to choose at this time?"

Fu Ying said: "If it were me, I would just leave. Since it was not delicious, why would you still have to feel wronged yourself?"

Yang Fei said: "The cost of economic sunk in my country also corresponds to the idiom called "Falling Steam" and "Don't Take Care"" refers to an old man walking on the road with a clay pot on his back and accidentally broke it. The old man ignored it and continued to rush. Others asked him why he didn't look at the clay pot. The old man replied that the clay pot was broken and could not be used. What's the use of watching it? It's better to go home early."

Fu Ying said: "I haven't learned this knowledge, but I think you're saying it makes sense. So, have you accepted our investment?"

Yang Fei was so happy that he poured wine for himself and Fu Heng, and asked, "Mr. Fu, do you know the marginal effect?"

Fu Heng said: "Shame, I only study antiques, but I have two eyes and one glance at modern economics."

Yang Fei said: "Marginal benefits can be generally understood in this way. In order to pursue the greatest profit, an economic entity in the market expands production many times. The benefits generated by each investment will be a difference between the benefits generated by the previous investment. This difference is marginal benefits."

Fu Hengsi asked, "I still don't understand."

Yang Fei said: "For example, when a person is very hungry, the first bowl of small noodles is a life-saving ration for him, and the marginal benefits are the greatest, because he was the hungry at that time, and even if he spent a little more money, he would be willing to buy it. The marginal benefits of the second bowl of small noodles have been reduced by half, whether it can be bought or not. Is there any real benefits for him? For him, it is no longer valuable because he no longer needs it."
Chapter completed!