Losing Money to Be a Chapter 506 - Lessons Learned from Failure

Chapter 506 Lessons Learned from Failure

May 1st, Sunday...

Pei Qian ca to the cafe near his school again. He was going to et a new ga designer. Only 1 million yuan out of the total amount of 1.8 million yuan was allowed by the system for school fees. There was 800,000 yuan left.

Therefore, Pei Qian asked Assistant Xin to search for a designer that had a certain reputation and had worked on so failed projects previously. He wanted to learn from so successful experience.

As to why the designer should possess so reputation even though he had failed before, it was because Pei Qian wanted to eliminate the interference of personal ability factors as much as possible.

If a producer himself failed and was worthless, the system would not allow him to charge so much tuition fee. On the other hand, if his failures were not outstanding enough, then there would be nothing they could learn from him.

What would Pei Qian learn from if soone was filled with failures? What if he learned sothing insignificant, would that not be a waste of ti?

He had to find a successful and capable designer. The factors of failure on them would be very obvious like a ‘highlighted’ passage, easy to learn from.

What He An said was wrong. It was about the main reasons for success for Tengda. A large scale error correction exercise.

This big boss was mainly talking about his own failure, which was standard for Pei Qian.

Wouldn’t it be a combination of what He An and the producer said today?

He managed to spend 1.8 million yuan giving lectures to himself. He also managed to learn so professional ga production knowledge.

If he could pass the test by the system during settlent and would be able to make money-losing gas based on what he learned...

Wouldn’t he be earning money like a king?

Compared to He An’s ‘asking wrong questions’, this big boss would be directly giving his ‘standard answers’. The knowledge of losing money would be easier for Pei Qian to absorb this way.

Pei Qian was, therefore, very excited about this eting!

This ga designer arrived not long after he reached the cafe.

“Hello, Boss Ma! I’m Qiu Hong!” A man, with fluttery long hair, in his thirties shook hands with Pei Qian cordially.

Pei Qian had looked through Qiu Hong’s resu before he arrived.

Different from He An’s long glorious resu, this Qiu Hong’s ga production career could only be said to be bumpy. His resu could be regarded as a template for the middle-aged generation in the current dostic gas market.

After entering the industry in 2001, he joined a large dostic ga company as a systems designer. He successfully developed a Xianxia the client-side ga. Of course, that was a ga with paywalls.

After two years, he managed to jump ship to another ga company with the success of this ga. He beca the main designer of a certain Western Fantasy client-side ga. The project was axed after its poor performance for an entire year of developnt. After that, he changed to another ga company and continued to be the chief planner producing a war-thed ga with paywalls. He was successful this ti and had obtained an impressive monthly turnover of more than 100 million yuan.

The war ga could be regarded as an evergreen ga. Its revenue might have declined after half a year, but it still operated for three years. It had accumulated a good reputation for Qiu Hong.

Relying on the prestige accumulated with this project, Qiu Hong decided to set up his own business, a ga company with the investnt that he had found. He developed another ga with paywalls only to fail again.

Qiu Hong was currently in a state of dejection because his venture had failed. He was about to relax and do nothing when he got the news that soone was willing to spend 100,000 yuan to listen to his lecture. He readily agreed and ca to Jingzhou.

Pei Qian was very satisfied with Qiu Hong’s resu.

To make things simple, the higher one climb, the worse the fall would be!

This person was obviously focused on dostically-produced gas with paywalls. He had achieved a monthly turnover of 100 million yuan as the chief planner five or six years ago. That was obviously sothing worthy to be proud of.

Moreover, these two failures did not seem to have happened because of money.

The first failure was that the company he jumped to had huge spending power, ready to spend as much as it took to create a masterpiece for that era. They were not short of money.

His second failure was also when he obtained enough funds from investors to start his business. He was not short of money either.

However, even so, Qiu Hong-who had a successful career and ample experience in the ga industry—failed in his venture.

Huge investnts, heavy losses. Millions in funds went down into the drain. That was in line with Pei Qian’s expectations!

Pei Qian firmly believed that there must be sothing worth learning from in Qiu Hong’s experience!

The waiter brought their coffees. They chatted as they sipped on.

Qiu Hong briefly introduced his resu. There was a very obvious difference in attitude between He An and him.

He An obviously exuded the aura of an industry giant and successful person. His qualifications crushed 99% of designers in the industry. He gave lectures based on his interest and had his own arrogance.

He would absolutely go ahead with his own contents even if ‘Ma Yang’ were to give him 200,000 yuan per lecture. He would leave if things didn’t go his way.

Qiu Hong was completely different. He might have experienced success before, but he knew that he was still a nobody in this industry. He was, therefore, very polite and was willing to share whatever ‘Boss Ma’ wanted to hear.

Qiu Hong was a systems designer after all. Moreover, he only created dostically-produced gas with paywalls. Such a designer usually had distinctive features; that was that they would not be troubled by money.

Qiu Hong felt that since ‘Boss Ma’ was willing to pay 100,000 yuan for a lecture, including round-trip air tickets, transportation, and other experiences; it was like the whales and his relationship. It was one of absolute dependency.

He had to do all he could to satisfy ‘Boss Ma’s’ requirents.

Therefore, Qiu Hong was not angry when ‘Boss Ma’ said he wanted to listen to his failures. He only confird it again and agreed.

“Alright, I’ll speak about it since Boss Ma wants to know. However, there is sothing that I have to clarify in advance.

“I will definitely need so ti to prepare if I were to speak about successful experiences. Every successful case is a combination of countless success factors after all. I have to clarify all such factors to restore its full picture.

“However, it is much easier to talk about failures. I don’t need much ti to prepare.

“As the saying goes, ‘the riverbank of a thousand miles collapses because of an ant’s nest.’ Many tis, you make 99 right decisions, but everything would fail due to one wrong choice.

“Analyze the cause of failure and find the most critical factor of failure, and there you’ll have

Qiu Hong told Boss Ma about his idea for the lecture while drinking his coffee. His goal was clear, to obtain the consent of Boss Ma as much as possible.

Pei Qian was very happy. “Great! I want to learn about how the ant’s nest caused the collapse of everything. Please be sure to talk about it!”

Qiu Hong nodded. “Alright, in the following lectures, I will talk about one key factor that would lead to the failure of the project. I believe that Boss Ma will be able to avoid similar situations or co up with solutions with your intelligence.”

Pei Qian gave a small smile. “Definitely.”

Qiu Hong sipped a mouthful of coffee and sorted out his thoughts. “For the first lesson today, I want to start with sothing basic, but it is one of the most overlooked aspects.

“Project managent.

“The biggest difference between gas, movies, animation, and other industries—and novels and self-dia... is that they are industries that require close division of labor and cooperation.

“In other words, no matter how good you are, it’s useless if your colleagues are people who ss around. You won’t be able to make anything good.

“Even a talented ga producer needs a strong production team to turn his design into a successful ga project.

“People are inherently lazy. Many employees in the industry treat their jobs as a position that earns a stagnant salary to support their families, not as a career they are striving for. Therefore, most of their enthusiasm for work was suppressed by themselves.

“This is where project managent becos very important.

“A huge reason that I managed to create a successful project but failed in my venture is that I lack project managent skills.

“The consequence of this is that the developnt plan I made in the original company can always be completed smoothly, with a maximum delay of one week.

“However, in my own company, the developnt plan that I formulated is always delayed, even postponed many tis. The ga that was made did not et my own expectations.

“Every departnt always had a variety of reasons to shirk responsibilities. It seems that everyone has completed their tasks, but after careful observation, no one seed to be pushing the entire project.

“Everyone delays a little bit. With a little ti, the developnt progress of the project will completely collapse...”

Pei Qian listened intently, with a fascinating expression on his face.

How... how admirable!

See, the employees of other companies need not have their boss say anything for them to be lazy!

What about Tengda’s staff then? Their boss was desperately encouraging them to take breaks, but everyone was trying desperately to work overti!

Pei Qian did not learn any practical thods from this precious failure experience other than envy.

According to Qiu Hong, failure in project managent would beco a state of disunity. It was impossible to carry it out if no one would cooperate. However, that was where Pei Qian had his doubts.

I have never done any project managent, right?

Why did my staff not fall into a state of disunity but beco an iron plate instead?

Needles could not penetrate, water could not seep through. He could not find a breakthrough even if he wanted!

Pei Qian was very interested in the things that Qiu Hong was talking about, but he still did not know what to do.

According to Qiu Hong, his failure was in not doing enough, not making good use of project managent to motivate employees. In other words, not effectively supervising lazy employees. However, while Qiu Hong did not do enough, Pei Qian did not do anything at all!

Not only did I not supervise the employees, but I even did the opposite to drive these overti dogs ho! It stands to reason that I over fulfilled the task, so why did it have the opposite effect?

Are my employees the problem, or am I the problem?

What a headache...