There are thousands of outdoor clubs in China, and many clubs also conduct activities through the drainage of the bean paste, the circle of friends, the official account, etc. most of them have regional limitations and uneven service quality.
Chuxin does social activities for strangers in the same city in the form of app, which not only simplifies the activity blocking threshold, but also provides sufficient social depth. Users can directly pay attention to the social dynamics of interested strangers on the platform and participate in the same activity with him or her when they have the opportunity.
At present, young people from outside the first and second tier cities have a strong social demand for strangers. Compared with the extensive stranger social networking of Momo, the social scenes and methods originally provided are more efficient, and the user experience is much better than simple online chat. Therefore, I am very optimistic about its market prospect. "
After Huang Siyi briefly introduced the market environment of Chuxin project, he began to introduce its profit model. In short, he charged the activity organization fee to the users participating in the activity.
Suppose 5 users participate in a board game activity, and each person will charge 10 yuan for the activity organization fee,
Of the total revenue of 50 yuan, one part is for the registered team leader of the platform that initiates and organizes activities, and the other part belongs to the service fee and management fee of the platform.
Because most team leaders are almost part-time, there is no fixed labor cost, five insurances and one fund. In this way, as long as the business scale goes up, the platform can make a profit soon.
In addition, after there are enough users in mind, their profit model can also be diversified, such as VIP service, Momo's set of social value-added services such as sending flowers and gifts, stranger social games, high-end activities, merchant fee promotion, etc., but these are based on the premise that the above core business logic can run through.
By now, Fang zhe has also understood why Huang Siyi and many people in the investment department think this is another Unicorn level project. Only from the perspective of the four first tier cities in Beijing, Shanghai, Guangzhou and Shenzhen, their potential target users are more than 20 million. On average, more than 1 million people are required for intra city activities in these cities every week.
According to the average organization fee of 20 yuan for different types of activities, the weekly revenue is more than 20 million and the monthly revenue is 80 million. If the second and third tier cities are added, the monthly revenue will reach 150 million.
The most important thing is that Chuxin only provides a service platform, and most of the leaders of organizational activities are only part-time. Chuxin saves a lot of labor costs. Even if the technical costs, leader management and training costs, promotion fees and other operating expenses are put aside, in the long run, Chuxin's gross profit can be maintained at more than 30%. Since then, Chuxin's annual profit has reached 600 million, Enough to reach the threshold of Unicorn.
Of course, this is just Fang Zhe's simple estimation of Chuxin's profit model. The actual situation should be much better than this. Like Momo, many people were not optimistic about Momo's profit model in the early stage, but later, various value-added services, social games and live video have proved the potential of stranger social software. Similarly, As a more efficient stranger social software than Momo, Chuxin's potential is really worth a shot!
Next, Huang Siyi introduced another college student tutoring project to Fang Zhe. Just listening to the project type, Fang zhe guessed 7788. Sure enough, with Huang Siyi's introduction, he found that the project was much the same as he thought.
The name of the project is "online tutoring for college students", which comes from a project team of Huizhong's subsidiary. What Fang zhe didn't expect is that its initiator is a younger brother of his same school Anyang University of technology.
According to Huang Siyi, the younger student worked as a part-time tutor in Anyang to subsidize the living expenses during his university life. Later, he entered Huizhong's cloud computing branch in Anyang through school recruitment. In his group, there are also two alumni of Anyang University of technology.
The student had the idea of making an online tutoring app for college students for a long time, but he just graduated for less than two years and had neither contacts nor accumulation of resources in all aspects, so he had not put it into action.
As it happens, the four innovation competition held within Huizhong group gave him this opportunity. Three alumni of Anyang University of technology hit it off immediately and quickly completed the development of this online tutoring app for college students with the help of colleagues.
Subsequently, on the one hand, they contacted the teachers and good students in the same school to register this app as tutors. On the other hand, with the help of the venture fund provided by Anyang University of technology, they issued singles advertisements in many large, medium and primary schools in Anyang City to recruit tutors and students.
Since the software they developed was launched in the app store at the end of last month, more than 3000 college tutors and more than 2000 primary and secondary school students with make-up needs have been registered in less than a month. So far, the make-up orders completed by the platform have exceeded 3000 person times.
Although this project is said to be the entry project of the four innovation competition, it has quickly entered the list of pre investment projects since it was concerned by Huizhong investment department. If nothing happens, the angel round investment given by Huizhong will be in place in early June.
To be honest, I'm afraid there are not a few people who have thought about this project, whether at home or abroad, but I'm afraid there are very few people who have really tried this project. From this, we can see that the most important thing to start a business is not how good your idea is, but how strong your execution is.
The student has long had the idea of doing this project. If it hadn't been for the opportunity and stimulation given to him by the four innovation competition held by Huizhong, I'm afraid he might have accumulated enough resources to try this project for a long time, but more likely, like most people who dreamed of this project, he didn't end it.
The sponsors and co founders of this project are from their alma mater Anyang University of technology, which surprised Fang Zhe, but not surprisingly.
To say which university has the strongest entrepreneurial atmosphere in China, it is Anyang University of technology, Fang Zhe's alma mater.
As early as four or five years ago, Fang zhe delivered an impassioned speech at the graduation ceremony of Anyang University of technology as a billionaire, encouraging alumni to fight bravely, start a business and realize their life ideals and dreams.
To this end, Fang zhe also specially contributed to the establishment of an entrepreneurship fund to support the alumni 'entrepreneurship. Over the past few years, Fang Zhe's support for this fund has never stopped, and the alumni have not let Fang zhe down, giving full play to their true nature of love tossing and pursuing ideals and dreams.
Fang Zhe's success in founding Huizhong and becoming the richest man in the world has continuously inspired countless students and alumni of Anyang university to dare to start a business.
In the words of director Yan, Fang Zhe's former teacher and now vice president Yan, who witnessed Fang Zhe's going out of the campus to start a business:
"Fang Zhe is like a spark. He ignites the entrepreneurial atmosphere of our whole Anyang University of technology and even all universities in Anyang City. His success inspires everyone in Anyang University of technology to dare to start a business and fight!"
Over the past few years, Anyang University of technology has radiated its second spring since its establishment. Its reputation has been catching up with Fudan, Yanda, Huaqing and other most famous universities in China.
Every year in the college entrance examination, many students all over the country rush to apply for Anyang University of technology, eager to pursue the pace of learning rectangular philosophy and move towards their road of success.