Chapter 377 - Grandpa Xiao’s Advice
Chapter 377: Grandpa Xiao’s Advice
Translator: Lonelytree
Under Xiao Lingyu’s promotion, all her customers knew that her third uncle owned the soy products store next door.
Accup of soy milk was 1 RMB, a bowl of tofu pudding was 1 RMB and that was after the 50 percent off discount. As for the tofu, they were sold at the vegetable store. They were also very expensive, 4 RMB per catty. However, since the price of the vegetables was already very expensive, it was not a big deal.
‘As usual, the soy products smelled heavenly too. Many customers couldn’t help themselves but buy a cup or a bowl to try.
“Wow. This soy milk is amazing!” Many people exclaimed after they had a taste.
“T’ve never tasted such delicious soy milk before,” An old man in his seventies said.
“Same here.” The others beside him echoed.
“No wonder it’s so expensive.”
Three days later, the price would be even higher. Xiao Lingyu believed that these uncles and aunties would still buy one or two bowls for their children or grandchildren. After all, the customers of the vegetable shop were quite rich. They wouldn’t mind spending money on one or two cups of soy milk.
When Grandpa and Grandma Xiao, Third Uncle and Third Aunt Xiao saw that the business was booming, their worried and nervous hearts slowly eased.
Grandma Xiao said with a smile, “It’s a great opening. Business is so good on the first day. It will definitely be better in the future.”
Grandpa Xiao nodded and said, “As long as we can maintain the quality, the business will be fine. There will always be people who would spend for good quality products.”
The soybean milk and tofu pudding were sold out before eight o’clock. There were still many customers who hadn’t tried them. Third Uncle Xiao and Third Aunt Xiao had no choice but to tell them to come back tomorrow.
“One hundred, two hundred…” After closing the stall, everyone gathered in the shop to check the account.
One catty of soybean produced eight catties of soy milk, and one cup of soy milk was about three taels. In other words, one catty of soybeans could make 20 plus cups of soy milk. For 2 RMB per cup, they could earn more than 100 RMB.
One catty of soybeans produced around 20 bowls of tofu pudding. Two catties would make around 50 bowls. Similarly, they sold for around 100 RMB.
‘The remaining six catties of soybeans made 38 catties of tofu. They also sold for about 100 RMB. For ten catties of soybeans, they earned around 300 to 400 RMB.
After taking away the ingredient price, they still had around 200 of pure profit. And that was with the discounted prices.
Once they reverted to the normal price, they could earn a net profit of 300 to 400 RMB a day. In a month, it would be close to 10,000 RMB.
Third Uncle and Third Aunt Xiao looked very excited.
“Okay, Ol Three, third daughter-in-law, you have to work hard in the future,” Grandpa Xiao said with a smile. “This tofu business is hard, but if you work hard, there’s a future in it.”
10,000 RMB a month was better than most labor jobs already. If they worked at a factory, they would only earn around 2000 RMB a month. With both of them working, they would eam less than 5000 RMB a month. After taking out the living expenses, they would have little money left. However, they
could earn more than 10,000 RMB a month by selling soy products. They should be satisfied.
Third Uncle Xiao nodded and said, “Dad, we know.”
At this moment, Grandpa Xiao reminded them seriously, “Ol Three, third daughter-in-law, this business was given to you by Yu’Er. I hope that you will not forget that in the future.”
“Dad, don’t worry.” Third Uncle Xiao nodded and said.
“We’re a family. Yu ‘Er handed this business over to you. Your eldest brother and fourth brother are still working for your second brother’s family.” Grandpa Xiao said seriously, “Yu ‘Er will have plans for them too. She will assign them other jobs in the future.
“Third Brother, remember, no matter what kind of job Yu’Er gave to your eldest and fourth brother, you can’t be jealous or resentful.
“Because your family was the one who was given this tofu business first. You should be grateful. Do you understand?”
Third Uncle Xiao replied very seriously, “Dad, don’t worry. We will definitely remember Yu ‘Er’s kindness. We will definitely not be that ungrateful.”
Grandpa Xiao nodded his head in satisfaction and replied, “Okay.”
Grandpa Xiao gave Xiao Leyang advice to prevent trouble in the future.
Based on Yu ‘Er’s progress, her business would expand in the future. Then, they’d have more money. With that would come ambition.
There were many examples of brothers fighting for money and power. They even turned against each other and became irreconcilable enemies.
Grandpa Xiao certainly did not want such a thing to happen.
The accounts had to be clear, even between blood brothers.
This was the education that Grandpa Xiao gave to the four brothers. The four brothers had their own families.
If one were capable, they should help the others. But there was one thing that was important. Help was given to the desperate and not the lazy.
The brothers couldn’t leech on the richer ones simply because they were rich.
A good home would make sure that everyone prospers.
Grandpa Xiao and Grandma Xiao hoped that the Xiao Family would become better and better. As their days became easier, the old couple hoped that the four Xiao Brothers would have their unity unchanged.
The business of Third Uncle Xiao’s soybean products store was getting better and better. It was so good that they wished they could take out all the soybeans in the warehouse.
Fortunately, they were still very rational and didn’t act so rashly.
Other than using 10 catties of soybeans on the first day, they maintained usage of fifteen catties every day after that. In other words, they had a limited supply to sell. Once the stock was sold out, then it was sold out.
With the promotion, more people swarmed over.
Even after three days and the prices returned to normal, the customer traffic didn’t decrease. As they gained their reputation, the number of customers actually increased.
While the aunties and uncles waited for the vegetable store to open, they would stop to buy some soy milk or tofu pudding.
Xiao Lingyu sold 2,200 catties to her third uncle at 3 RMB per catty.
The soybeans went for 1.5 RMB per catty on the market. But Xiao Lingyu’s soybeans were different.
It was similar to her vegetables. Since their vegetables were several times more expensive than the market, naturally, the soybeans would also be several times more expensive than the market.
However, Xiao Lingyu only doubled the sales price since it was for her family to do business.
The Xiao family had no objections, and Third Uncle and Third Aunt Xiao had no objections either.
‘They knew that Xiao Lingyu had already given them the best price. Based on the price hike of the vegetables, the soybeans should be sold for at least 6 RMB per catty.
Third Uncle and Third Aunt Xiao were very clear in their hearts. They remembered this kindness.
After the soybeans had been dealt with, Xiao Lingyu tumed her attention to the peanuts. Over 4000 catties of peanuts were harvested.
Xiao Lingyu planned to use 1000 catties for oil extraction. She would sell the rest.
The peanuts sold on the market for 2 RMB per catty. Xiao Lingyu planned to sell hers for 6 to 8 RMB per catty. In short, she would not sell her family’s things cheaply.
After Xiao Zhengyang heard Xiao Lingyu’s plan, he nodded and said, “Alright, you can make the arrangements.”
The 3000 catties of peanuts and the recently harvested rice needed to be stored in a dry place. Her family had planted three Mu of paddy. Each Mu produced at least 1,500 catties of rice, so with three Mu, they had over 4,000 catties of paddy.
3,000 catties of peanuts and 4,000 catties of rice required two warehouses. The warehouses referred to large sealed boxes made by villagers with wooden boards. They wouldn’t use a single nail to make them.
Father Xiao planned to find a carpenter to build a large warehouse..