His family Went Bankrupt And Remained 40 Million in Debt, so He Became the Youngest Billionaire

Summary

Tobe, a schoolboy addicted to video games, wins money through gaming and buys a car, much to his parents' dismay. Despite warnings to focus on studies, he continues his reckless spending, eventually investing in a chestnut business. His venture faces numerous obstacles, including rejection and debt, but through perseverance, he overcomes the odds. With the help of his butler and mother, Tobe grows his business, repays his family's debt, and becomes a successful entrepreneur. Ultimately, he transforms from a careless gamer to the youngest billionaire in the world.

Takeaways

• 🎮 Tobe, a schoolboy addicted to gaming, often plays video games during class and uses winnings from games to buy himself a new car.
• 🚗 Tobe's reckless spending and disregard for his education lead to tension with his parents, who are concerned about his future.
• 💸 Tobe's obsession with gaming continues into adulthood, and he struggles to get into a university, eventually paying his way into a private institution.
• 😡 After a series of bad financial decisions, including purchasing faulty DVDs, Tobe's father tries to teach him that business and life are serious.
• 🌰 Tobe becomes interested in the chestnut business, learns the techniques, and starts selling roasted chestnuts at a local mall.
• 📉 Tobe faces challenges in his chestnut business, including competition and logistical issues, but his determination leads him to expand the venture.
• 🖌️ Despite financial difficulties, Tobe tries to fix problems with his business, even going so far as to paint the ceiling of the mall after hours.
• 💔 Tobe's personal life suffers as his girlfriend breaks up with him, citing his lack of focus and hidden business activities.
• 🥢 After failing in the chestnut business, Tobe decides to try selling seaweed snacks, learning new techniques and improving his product.
• 💼 After persistence and setbacks, Tobe's seaweed business is approved by a major company, leading to financial success and eventually making him a billionaire.

Q & A

What is Tobe's initial relationship with studying and video games?

Tobe is not good at studying and is addicted to video games, often playing them during class with his friends.

How does Tobe initially acquire money, and what does he do with it?

Tobe wins money from playing video games and uses it to buy a brand-new car, which he brings to school, causing a commotion.

What happens when Tobe's parents find out about his gaming habits and new car?

Tobe's father scolds him for wasting money and warns that they could go bankrupt. Tobe claims the money was his own from gaming, but his father insists he focus on his studies.

How does Tobe's addiction to gaming affect his university admission?

Tobe doesn't get accepted into most public universities due to his poor academic performance but manages to get into a private university.

What business does Tobe start, and how does it begin?

Tobe starts a chestnut business after learning about the process and techniques from different sources. He sets up a stall in a mall and works with his butler, Tuang.

What challenges does Tobe face in his chestnut business, and how does he handle them?

Tobe faces competition and low sales. He struggles with promoting the stall, deals with location issues, and paints the ceiling himself to avoid cancellation of his contract.

How does Tobe transition from the chestnut business to his next venture?

After facing setbacks with the chestnut business, Tobe decides to try selling fried seaweed, inspired by his girlfriend's homemade seaweed.

What obstacles does Tobe encounter when trying to get his seaweed product approved?

Tobe struggles to get his seaweed product approved by the 7-Eleven director due to quality and pricing issues. After redesigning his product, he eventually succeeds in getting it approved.

How does Tobe overcome the financial challenges in scaling his seaweed business?

Tobe sells his car and other assets to gather funds but still faces shortages. He rents a shop and works diligently to meet the GMP inspection requirements.

What is the ultimate outcome of Tobe's entrepreneurial efforts?

Tobe pays off his family's debt and becomes a successful businessman. He expands his seaweed business globally and becomes the youngest billionaire in the world.