It’s never about how many pennies you have, it’s all about what you are going to do with it. Maximilian Alexander Agostini

Treat Life like a World Map and see all the small opportunities, they may make a big difference after all.

Ladies and Gentlemen,

Some of us keep believing that we may simply don’t have enough for a living or rather that building a company would require loads of initial investment. Frankly speaking, most of those successful people on this planet aren’t actually born with loads of pennies in their pockets at all, they all did start from scratch and did try to make the very best out of it.

The other day, I was staying at the Four Points by Sheraton Beijing, Haidian District, and since the Aloft is basically even connected to each other, they do belong to all the same Marriott SPG Hotel Group, I was keen and eager to just play a round of pool billiard at the Aloft. Although their pool billiard table in the lobby was extremely old and dirty, the restaurant looks like a school canteen, I was sitting at the bar the other day and there was no one that attended any tables, most likely because no one was actually sitting there at all.

So I did turn by back over to the reception and asked whether anyone could take my order. The reception than pointed at a pack of condoms, sanitary napkins, play-cards and a shaving kit, in a board and told me that I can also buy a sandwich over there, which is absolutely meaningless. However, dinner at the Four Points was actually more decent, and apart from the SPG Gold Member discount of up to 30% / their stuff was actually more tasty as well.

Let me remind you that it’s never about how many pennies you have, it’s all about what you are going to do with it: having checked the “wining & dining” list of both places, the penny is well and better spend in that more fancy Four Points than the Aloft.

So, finally I did consume a bottle of Stella and Marriott Burger:

And still decided to walk over for a round of pool billiard, right after, but believe it or not, there is a story about this very evening before I did meet an extremely interesting couple from the Henan province.

All together, three of us, were just about to taking a seat and since there was no one else there, we decided to just sit together, in fact, I did write that bill onto my SPG Marriott Gold Card, both were grateful in getting a remarkable discount. However, we did talk for over two hours, were we came to the following conclusion: both of them came to the city for a job-interview in a bank, located in the Fuxingmen Area in Beijing, which is quite a well-known district for banks to be located at. When I have asked them what their life-plan is, all they got to say is, “make a living, move to Beijing, become rich”, which actually makes sense, but when I asked them what they would do with 1 Million USD, they simply responded to the following: “buy a house, clothes, jewelry, a car”. But what if they got all that, they answered “buy another house”. — “How about you have bought 2, 3 apartments, what is next”? — they failed to respond. Well, in the end, no matter how may zeros we have in our account, we still have to eat, drink and live, and every now and than get some clothes and make a holiday, which is a luxury we don’t usually have.

It’s never about how many pennies you have, it’s all about what you are going to do with it:

1. This header can be used in several “occasions” and especially when running a business or even while purchasing properties.
2. One of the most common errors and “thinking-mistakes”, while purchasing properties is, “the price is down — not going to buy now” — or either “prices have gone up — not going to buy now”. — So when is the best time to buy a property?
3. In China, although their apartments are extremely expensive -given that huge amount of population- / and extremely competitive rent pricing, which gives a ROI / Annual Yield of less than 1% per year “which just doesn’t make any sense to buy in China at all”, they all still want to buy a home and they never care about the value of a property, those folks just don’t want to rent out their apartments, they want to live in it themselves. Nowadays in China, the government punishes the people if they buy a second or third apartment by introducing high-fines — in case they still decide to do so.

1. It’s never about how many pennies you have, it’s all about what you are going to do with it: buying a 75 square meter apartment for over 6 million RMB # which equals to around US$ 873.000# just doesn’t make any sense, because even you do work your ass off for your whole entire life-time to pay such juicy mortgage, the apartment will be returned to the government in just less than 70 years after all and since the Chinese live in those properties themselves it doesn’t actually make any sense to even think about the value of their property or their annual rent income at all.
2. The question is, what drives them to buy in China and not in countries such as the US, where they could purchase at overseas and use the foreigner rent-income to get a place in China, especially when the rent is to low anyways, they could live like kings. I’m sure the People’s Bank of China would be so happy to see monthly payments to reach China from overseas, rather than local earnings. Hard to explain such method to a Chinese person, they want their home and land in their country, and in the city, no matter at what price, they will live and die here and go nowhere. This is not based on meeting up with a bunch of Henan people, I can name hundreds of people here who have the same believe.
3. Another friend of mine, who doesn’t have a Beijing residence permit, but an apartment here / has to commute everyday around 3 hours by car just to get around from his home, in Hebei, to Beijing, and of course, since there is no Beijing residence permit, his child is not allowed to go to school in Beijing, but only in the place of birth of one of their parents. They just spend a few million in Beijing, can’t even stay in the city, rented out the apartment and their rent income, compared to the investment is still unbelievable low, almost meaningless to invest to.
4. Gladly we are all responsible for our own happiness, and we can all decide by ourselves whether we would like to invest in the very wrong place at the wrong time and still suffer.
5. Having an open mind and eager to learn new things and methods to make money is the key to success and please don’t scared about how many millions we have to have before starting up a business, it’s basically not true.
6. If you do have a strong believe and come across a business idea, it is never about how many pennies you have, it’s all about what you are going to do with it and no matter how small the very first ROI will be, it’s still worth to smile and be happy about such small successes.
7. Overall, what would have been a huge success, without those small ones, isn’t it true that small changes can also make a huge difference in life?
8. It’s never about how many pennies you have, it’s all about what you are going to do with it.

Thank you for your prompt attention to this matter.

If there are any questions that may arise in the meantime, please feel so free to contact me directly at (86–21) 6157 4954 or drop me an email to max (at) prscenterprises (dot) com.

Kind regards from the very city centre of Shanghai, The People’s Republic of China,

Maximilian Alexander Agostini

PRSC Enterprises ASIA a division of People’s Republic Sourcing Channel Limited Corp..

Chief Executive Officer

People’s Republic Sourcing Channel Limited (Shanghai, CN)

People’s Republic Sourcing Channel Limited (Beijing, CN)

People’s Republic Sourcing Channel Limited (Dubai, UAE)