It's now especially difficult to make money domestically; beware of the four major pitfalls:
1. Franchise scams They often require tens of thousands of yuan for inventory plus a security deposit, all are unverified schemes with no guarantees.
2. Major physical asset traps Getting into heavy asset investments like catering, processing, construction, etc., often leads to failure after one attempt.
3. Buying property below third-tier cities Population will continue to concentrate in Beijing, Shanghai, Guangzhou, and Shenzhen.
4. Becoming a teacher or husband With a small population and a tough economy, these positions won't guarantee job security forever.
It's better to try low-cost platforms like Xiaohongshu. It's also challenging, but there's no scam involved.
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It's now especially difficult to make money domestically; beware of the four major pitfalls:
1. Franchise scams
They often require tens of thousands of yuan for inventory plus a security deposit, all are unverified schemes with no guarantees.
2. Major physical asset traps
Getting into heavy asset investments like catering, processing, construction, etc., often leads to failure after one attempt.
3. Buying property below third-tier cities
Population will continue to concentrate in Beijing, Shanghai, Guangzhou, and Shenzhen.
4. Becoming a teacher or husband
With a small population and a tough economy, these positions won't guarantee job security forever.
It's better to try low-cost platforms like Xiaohongshu. It's also challenging, but there's no scam involved.