Chapter 22: Money-Losing Product_2
At the other end of the dining table, Old Beck remained silent, leisurely enjoying the lobster tail on his plate, occasionally taking a sip of white wine, completely ignoring the sarcasm around him.
Several "friends" from the financial circle, however, were unwilling to let him go. They frequently turned their attention to him as the conversation heated up: "Old Beck, why don't you say something?"
"Yeah, you're that Asian kid's personal lawyer. His 'Warthog' project is almost a joke now, and you still remain calm?"
Old Beck remained unmoved until the food on his plate was completely finished. He put down his knife and fork, lifted his eyelids, and glanced around at the people at the table.
A mocking smile appeared on his aged face, and he leisurely spoke:
"Idiots, let me tell you something—while you all are here making sarcastic remarks, 'Holy Light's air service is about to become profitable."
The dining table instantly fell into dead silence. The sound of cutlery clashing with the plate came to an abrupt halt, and even the sound of breathing seemed to be paused.
Jeff's wine glass hung in the air, his brows tightly furrowed, a look of shock mixed with a bit of confusion. The investor sitting opposite him was the first to recover, breaking the silence with a face full of suspicion:
"How is this possible? 'Electric Flight' hasn't even obtained the airworthiness certification, and 'Warthog' is still in the testing phase, how could it be profitable?"
Old Beck casually waved his hand, signaling the waiter to remove the empty plate in front of him. He ordered a portion of after-dinner fruit and said while eating:
"Yes, the airworthiness certificate is important, but the United States is actually quite lenient on the control of low-altitude, low-speed aircraft. We can get the certificate without your help.
In the face of competition from 'friends,' 'Warthog' is not profitable in the United States, but who said it has to make money in the US market?"
As soon as he said this, the few people present looked at each other, their minds racing, trying to figure out what they had missed.
They all looked at Jeff in unison, only to find this 'future father-in-law' also at a loss, clearly completely out of sync.
Seeing this, Old Beck laughed, put down his fork, crossed his hands on the table, and said in a light but slightly mocking tone:
"Remember William Congers? His wife Julia recently registered a 'Holy Light Logistics,' focusing on air supermarkets and parcel delivery.
The market they are targeting is tourists in the Bahamas — nearly ten million tourists every year; think about it, what kind of concept is that?"
Jeff was stunned, a map of the Bahamas islands flashed in his mind — just east of Miami, those scattered islands dotting the Caribbean Sea like pearls.
"Has Victor managed to deal with the Bahamian government so quickly?"
"As long as you find the right people, what's difficult about that?" Old Beck nodded, his tone gradually becoming excited, "The Bahamas welcomes nearly ten million tourists every year.
These people have strong purchasing power and a high demand for shopping, but the logistics between the islands are inconvenient. Traditional delivery cannot meet their needs.
Tourists cannot wait around for their packages to be slowly delivered; they are very willing to pay for convenience.
Just yesterday, ten 'Warthogs' were airlifted to the Bahamas, and twenty engineers from 'Electric Flight' led over a hundred local employees in an overnight training.
Next week, they will start testing the aerial delivery service.
And this is just the beginning; the next target for 'Electric Flight' is the tourist destination of Cancun in Mexico."
Old Beck's gaze swept over everyone's faces at the dining table, mocking: "You are all fools, why only focus on the US market?
Is the world only the United States?
You also know what tourists are like, they love novelty and are willing to pay for a good experience.
Imagine having an urgent need, a 'Warthog' buzzes over, hovers by the beach, and drops off a package—how cool is that scene!
They will take out their phones, take pictures, and post them online, giving 'Holy Light' free advertising. By then, the whole world will know the Bahamas has air delivery.
Tourism is the pillar industry of the Bahamas, but there are so many tourist destinations worldwide; sunshine, beaches, beautiful women, these are not rare resources.
For differentiation, the Bahamian government is very willing to use high technology to create a stylish image and attract more visitors.
This should have been first created in the United States, but this time there will be an exception.
I can tell you, I have invested ten million US dollars each into 'Electric Flight' and 'Holy Light Logistics.'
I'm old, this may be my last investment in life, but I am sure these two companies will definitely explode.
While you all sit here creating silly jokes, you are watching the money-making opportunity slip through your fingers."
The people at the dining table were completely stunned. Spot an error? Visit the original post on M&VLEMPY&R.
An investor, frowning and tapping his fingers on the table, muttered in a low voice: "Nearly ten million tourists every year... if this bursts out..."
Though he did not finish his sentence, a hint of regret had already flashed in his eyes.
Jeff's complexion was even more complex. He had been the first to want to invest in 'Electric Flight,' but he "started early, caught up late."
Old Beck leaned back in his chair, picked up his wine glass and gently swirled it, the smile on his lips deepening: "The Bahamas is not mainland America, the 'friends' cannot reach here.
Even if 'Electric Flight' and 'Holy Light' face some hurdles, they will never capsize.
Once this aerial delivery is done well, their reputation will spread worldwide. By then, guess, who will be the real joke?"
In the restaurant, the wine glasses reflected the lights, the air filled with the scent of steaks and a hint of tension.