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.

Outlines

00:00

🎮 Tobe’s Gaming Addiction and Reckless Spending

Tobe, an average student addicted to video games, wins money from gaming and uses a butler’s credit card to buy a new car. His teacher scolds him for his irresponsible behavior, worrying about his future. Despite the reprimand, Tobe flaunts his wealth, taking his girlfriend out in his new car. At home, his father warns him about the dangers of wasting money and insists Tobe focus on his studies, fearing bankruptcy if his behavior continues.

05:01

🎓 University Struggles and Failed Ventures

As Tobe grows older, his gaming addiction persists, and he fails to get accepted into most universities. He buys a PlayStation instead of taking education seriously. After a failed attempt to sell DVDs, Tobe resorts to desperate measures like pawning his father's amulet. He continues to skip classes and focuses more on finding quick money-making schemes, such as buying an expensive chestnut-making machine. Despite learning the chestnut trade, his father remains skeptical of Tobe’s business ventures.

10:02

🍲 Chestnut Business and Early Struggles

Tobe and his butler, Tuang, set up a chestnut stand in a mall but face slow business. Tobe learns from competitors and strives to improve sales by being more vocal and persistent. Despite his girlfriend’s concerns about his future, Tobe remains determined to expand the chestnut business. However, his over-ambition causes issues, including smoke damage in the mall, and he faces setbacks as his girlfriend leaves him, worried about his lack of direction.

Keywords

💡Gaming Addiction

Gaming addiction is a central theme in the video, defining Tobe's obsession with video games that disrupts his education, family life, and relationships. Despite numerous setbacks, he prioritizes gaming over responsibilities like studying, which exemplifies the long-term impact of addiction. His consistent focus on games, even at critical moments, such as during exams or family discussions, illustrates how deeply it affects his life.

💡Merits

Merits in the context of this script refer to academic or behavioral achievements in school. Tobe's teacher criticizes him for not having enough merits, suggesting that Tobe is not meeting the school’s standards. This idea highlights the clash between traditional educational success and Tobe's unconventional path, where he relies on gaming and entrepreneurial efforts rather than academic achievement.

💡Business Ventures

Business ventures represent Tobe's shift from gaming to entrepreneurship. Despite his lack of formal education, Tobe invests in ventures like a chestnut stand and later a seaweed business, which becomes his path to financial success. These ventures symbolize his unconventional methods of succeeding outside of traditional academic routes, emphasizing persistence in trial and error.

💡Family Expectations

Family expectations weigh heavily on Tobe as his parents consistently push him to study and secure a stable future through education. His father, in particular, worries about Tobe’s lack of discipline, while his mother offers softer encouragement. This constant pressure illustrates the theme of generational conflict between Tobe's gaming-focused lifestyle and his family's more conventional aspirations for him.

💡Debt

Debt is a significant challenge in the story, symbolizing the financial struggles faced by Tobe's family. His parents' overwhelming debt pushes Tobe to seek ways to earn money, ultimately motivating him to start his own business. This recurring issue highlights the serious consequences of financial mismanagement and contrasts with Tobe’s entrepreneurial drive to pay it off.

💡School Failure

School failure is a recurring issue for Tobe, as he continually underperforms academically. His lack of academic success is a source of tension with his parents and teachers, who expect him to graduate and find stability. Tobe's disinterest in studying, reflected in his low merits and eventual university rejection, emphasizes the broader theme of educational failure as a hurdle to success.

💡Entrepreneurship

Entrepreneurship represents Tobe's unique solution to his life problems, moving away from traditional education. He uses his creativity and business instincts, first with chestnuts, then with seaweed, to find success. This key concept shows that Tobe achieves success through unconventional methods, reinforcing the narrative that hard work and persistence can lead to financial prosperity.

💡Girlfriend

Tobe’s girlfriend serves as both a support system and a source of tension in his life. Her relationship with Tobe highlights personal struggles, as she becomes frustrated with his lack of direction and focus. Her departure signifies the consequences of his irresponsible choices, and her later offer to help him underscores the importance of emotional support in his journey.

💡Seaweed Business

The seaweed business is Tobe’s final venture, which ultimately brings him success. After failing in various endeavors, Tobe's persistence leads him to develop a seaweed product that eventually gets picked up by a large company. The business symbolizes Tobe’s growth from impulsive decisions to more calculated, hard-earned success, marking a turning point in his life.

💡Rejection

Rejection is a recurring theme in Tobe’s journey, manifesting in his academic rejections from universities, his failed business attempts, and personal disappointments, such as his girlfriend breaking up with him. However, these rejections motivate Tobe to try harder and ultimately succeed, showing that perseverance in the face of failure is a key lesson of the story.

Highlights

Tobe, an average school boy, is addicted to video games and even plays during class.

Tobe wins money from gaming and uses a stolen credit card to buy a brand new car.

Tobe tries to bribe his school by offering to pay for a new neon sign, but the teacher refuses.

Tobe's father scolds him for buying a car and warns him that they could go bankrupt due to his spending.

Tobe struggles with university admissions but remains focused on gaming, even buying a PlayStation after not being accepted.

Tobe's gaming account gets deleted, leading him to a failed business venture involving DVDs, causing further frustration.

He impulsively buys an expensive chestnut machine from Japan, thinking it will help him start a business.

Tobe researches chestnut roasting techniques and impresses his family with his chestnut skills.

Despite his initial business struggles, Tobe opens a chestnut stall in a mall, but struggles with low sales.

Tobe’s girlfriend breaks up with him because she feels he’s too focused on business and not their relationship.

Tobe gets into trouble with the mall due to smoke damage from his chestnut stall, but he manages to repaint the ceiling.

Tobe's family plans to move to China due to debt, but he decides to stay and continue his business.

Tobe starts a new business frying and selling seaweed, but struggles to secure funding and resources.

Despite many setbacks, Tobe finally gets approval to sell his seaweed product in 7-Eleven stores across 3000 branches.

Two years later, Tobe has paid off his family’s debt and is now a young billionaire with a successful global business.

Transcripts

tobe is an average school boy who is not good at studying but is addicted to computer games

he and his friends even keep playing video games in the middle of the class

He wins money from games and helps himself with it

he takes a credit card from their old butler and connects it with his game

when he wins a lot of money.

he takes this money and goes to buy

himself a brand new car

when he brings the car to a school he

gets called to the office

his teacher wants to call his parents

but he says that instead of calling his

parents they can cut his merits to which

his teacher says that he doesn't even

have enough merits he doesn't accept his

defeat and says that he will pay for the

new neon sign school but his teacher

says that he cannot bribe the school and

he gets very upset with tobe saying that

why can't he be like his siblings and

graduate like a good student

his teacher says that he is worried

about how he is going to make a living

for himself and lets him go after a

little more scolding when he comes back

outside all the students are gathered

around his car looking at it in

amazement

he ignores them and takes his girlfriend

with him and buys her food while they

drive around the town in a new car

he comes home very late parks the car

outside and asks his butler to bring it

inside while he tries to sneak in

without waking his parents

butler doesn't know much about cars and

accidentally set the alarm startling him

when he goes inside his parents are

waiting for him near the stairs

his dad scolds him for coming home this

late and also for buying a car

he says that if tobe continues to waste

money like that they will go bankrupt

soon

tobe says that it was his money that he

earned from online gaming but his dad

says that he should study seriously or

be ready for consequences and goes away

his mother says to him that they only

want him to study properly and says that

he should not worry them too much

she also goes away

his gaming addiction didn't stop over

the years and it is time for him to go

to university

he doesn't get accepted in most public

universities

he still doesn't get serious and goes to

buy a playstation and a dvd player to

continue gaming

when he gets back home after buying it

his parents are there they ask him about

his university admission he says that he

got accepted into a private university

and it is not even that expensive

his father says that he should go to

community college because he is not

going to study and they will not waste

money on him

tobe says that he has money and he will

pay for himself

his mother goes after his father and

tries to convince him to let tobe go to

a private university while his parents

argue he goes to his room to play video

games only to discover that his account

has been deleted

he goes to the electronic shop again and

buys many dvds at a discount when he

goes home and tries to show dvd players

to his parents one of them breaks before

he even sells one or uses it the

shopkeeper says that the dvds have no

warranty or exchange policy that's why

they are so cheap and tope should have

known it as it is common knowledge and

he asks him to throw it all away

in his anger he breaks a mirror table in

the shop the shopkeeper slaps him but he

runs away before he gets more beaten up

on his way back home he offers his

father a ride home

his father tells him that doing business

is no joke he says that it is how life

works

he gives some money to tobe so he can

study anywhere he wants but when tob

says that he is not one of his employees

his father takes the money back

he takes his dad's amulet from his house

puts it on pawn in a shop and takes a

hundred thousand as a return

he goes to school with that money

in school he doesn't get very serious

again and keeps skipping classes

he goes to the auditorium and sees his

girlfriend and other people practicing

for a drama

she comes to him after rehearsal but

refuses to go out with him as she has

her classes and later rehearsal for her

drama

he goes to a market where there are

different kinds of machines being sold

and there is free food to try the food

the machines are making

he interestingly listens to a person

explaining the qualities of chestnut

making machines he says that it is the

first one in the whole country and they

have imported it from japan

tobe takes great interest in it and buys

it even though it was expensive saying

that as he will be the first one to have

it it will be great for him

when he comes back home his father gets

angry and says that he can buy it much

cheaper at weekend markets than the

money tobe just rented it for the next

day after school he goes to an old man

selling chestnuts and asks him about the

process and all the techniques for

chestnuts he continues his research and

goes to different people to gather

information

he applies all these techniques at home

trying to make the best chestnuts when

he makes his first badge he makes his

butler try it then he goes to his mother

who says that it is very delicious

when his father is in the meeting with a

friend they keep eating chestnuts

his friend asks where he gets them from

because they are delicious and he says

that tobe is roasting them and his

friend says that his son is very

hard-working

in a mall he buys a spot to set up his

chestnut stand

there are a lot of other shops near the

corner selling different kinds of

eatables

he and his butler tuang worked together

on the first day

tobe asks why they sell so little

the old man says that he cannot yell as

loudly as another seller because he is

not that energetic anymore tobe says

that they have to sell it and for that

they have been loud and repetitive

they kept their voices loud this time

calling people over with their voices

and hand signals he goes to a local

market for clothes and there he meets

his girlfriend and they talk for a while

when she tells him that she doesn't get

paid for her acting he gets pissed and

says that this is unfair

when he is talking to her he gets a

phone call from his butler

the old man tells him that business is

not good today and all the other shops

are packed around them when he comes

back she gets suspicious and asks him

whom he was talking to but he says that

it was only tuang and she doesn't have

to worry about anything

tobe sees people getting donations and

gets an idea from that

tobe comes back and asks to move his

stall but they refuse to say that he

cannot move it

he tries to say that he will leave it

but they say that he can leave but he

will get no refund because it was

written in the contract the manager says

that after the end of the month there

will be a free spot and if he wants to

move there he will have to sign the

contract now

the manager says that it is a prime

location and he will earn his rental

back in no time

tobe is in the class taking his exam

when his phone keeps ringing in his back

at first he doesn't pay it any mind but

after a while he stands up and takes out

his phone

his teacher says that if he picks up his

phone she will report him for cheating

he thinks for a while and then takes his

bag and phone and walks out of the

classroom

after listening to the call he quickly

comes to the mall with a bag of

chestnuts and is very happy to see a lot

of people in his stall on their first

day he says to the old man that they

should open more branches but he says to

slow down but tobe is determined and he

opens another stall soon

at his new branch his girlfriend meets

him and says that they aren't dating

anymore because she doesn't know

anything about him and someone else told

her about his business

she says that she is worried about his

future

he calls his friend who told her but his

friend says that she was thinking tobe

was cheating on her so that's why he has

to tell her at the mall the manager says

that his stall is causing damage because

the smoke is turning the ceiling yellow

and if he doesn't have any way to fix it

they will have to cancel his contract

tobe says that he will fix it

he with the help of old man tuang paints

the ceiling himself

they ask him to paint after the mall

closes so the customers are not

disturbed

at night he paints the ceiling with the

help of his mother

he is left with a little portion when

security comes and asks him to leave

because his time is over

tobe asks for little time but no use and

he gives little money to the security

guard but the officer returns his money

and asks his mother to discipline her

son by asking them to leave with all

their belongings his mother says that he

should apply for a passport tomorrow but

he is determined to fix the problem and

says that he has time and will fix this

in the morning but his mother says that

they are moving to china at the end for

his siblings because they are in a lot

of debt

he gets very angry and says that he

doesn't know anything about this when he

is part of the family he angrily asks

his mother about how much debt they are

in

he says that his chestnut business is

doing well and he can pay their debt

his mother just keeps crying and tells

him to come with them so they can be

together at least

when he is getting his pictures taken at

the passport office he gets out in the

middle and says to his parents that he

will live here and study

he says to his father that he is ready

to be his employee so he can give him

money now to study

his parents go to china without him at

the airport his father advises him to

leave chestnuts and go to school

he comes back to the mall the next

morning to complete painting the ceiling

but the manager says that they cannot

let him keep his stalls and he has to

take every branch out he is laying in

his house side when he sees some ladies

reading something on his door when he

goes out and sees what is it he is

disappointed to see that it is a

bankruptcy notice from the court

he takes it from the door and throws it

in the trash can

he meets his girlfriend when he is

roaming in the market he quickly hugs

her and starts crying

she says that he should leave the

chestnut business and go to school and

she will help him

he agrees with her

they sit in the car and eat fried

seaweed that she had brought from her

house

from there he gets the idea to try

seaweeds as his next venture

he goes to the bank to apply for a loan

at first the person says that he cannot

get a loan because they already have a

lot of loan applications but when he

begs to hear a story the manager says

that he only has one chance to convince

him

tobe tells the man his whole story

he even shows the scar that he got from

trying to fry seaweed

he tells the man further that he brought

a lot of seaweed but unfortunately it

went stale he says that he went to a

food and nutrition university told his

story there and got some useful

information like vacuum packing to avoid

stalling from there after coming back

from the bank he buys a lot of seaweed

and he and tuong start frying it to find

the best condition

he continues his story further

tuong checks the seaweed and tries again

and again with different techniques to

get the perfect seaweed

tuang says that they need to buy more

seaweed as they are not quite there yet

tobe promises to buy more and sells his

computers and other old gadgets to do so

tuong is discouraged and says he doesn't

want to do it anymore because they've

already squandered so much money but

tobe says they can't give up and that

once they get it right they'll make the

money back in no time

he gets a call from his girlfriend

reminding him that it is their last day

of registration

as a result he arrives on time and

registers for his classes he comes back

at night with the boxes of seaweed when

it is raining outside

he calls tuang to ask him to fry more

seaweed but gets no response

when he goes back to search for tuang he

finds him lying there unconscious and

bleeding from the head tobe brings his

uncle to the hospital and sits in the

waiting area holding a packet and

waiting for any news

luckily tuong is fine and will be

discharged in a few days

he makes tuong check the seaweeds he

fried

luckily he says that this time they are

good enough and they can sell them they

started their business again and started

selling seaweed which surprisingly

started on a good note tobe's mother

calls him to say happy birthday to him

she says that his father wants to talk

to him

his father says that he should study

hard so they can call him to china next

semester

he says that he already bought his

tickets and will send them to him

tobe forces his father to tell him the

truth about debt

his father hesitates at first but

finally tells

on top of that they have to pay 40

million leaving him in total shock

when he comes back he finds another

notice on his house

he doesn't know what else to do and

keeps wandering in the neighborhood

sadly all the time he is listening to

different speakers on the radio but

doesn't get any useful information

finally he finds out about a company

called 711 that buys and sells products

all over the country

he goes there with his seaweed and waits

for his name to be called

he even practiced his speech in the

bathroom but he forgets to give his name

at reception

when the director comes she tells him to

leave his product as she will have to go

into the meeting in 10 minutes

he says that 10 minutes are fine but he

wants to present his product but

unfortunately the director doesn't like

his product saying that it has several

faults and is even expensive for them

but before she goes away she tells him

that most selling starts in urban areas

and then moves to big cities when he

gets back his girlfriend is waiting for

him

she asks why he doesn't say anything to

her and says she will help him with

anything

but he gets angry and fights with her

he leaves his girlfriend standing

outside and locks the door after going

inside

he goes inside and lays with tuang he

starts crying saying that he is a jerk

as he fights with his girlfriend while

she was just trying to help

tuong says that he should not get

disappointed and that everything will be

fine soon

in the morning he goes and gets his

packages redesigned

he goes to the 7-eleven again but can't

meet the director even after waiting for

a whole day

he gets very disappointed and gives all

his seaweed to a security guard on his

way back

outside the company he sits at a bus

stop and calls his mom

he says that nothing is working for him

and his product keeps getting rejected

in the company his seaweed is spread all

around the office and everyone likes it

very much

soon he gets called by the company he is

ecstatic to know that his product is

approved they said that he would have to

deliver his product to their 3000

branches

the director instructs him on how to

complete his delivery and says that his

product will be delivered after he

passes the gmp inspection

he needs a lot of money to complete his

first order

at the bank they still refuse to give

him a loan because he is so young

he sells his car and gets some money

from that but he couldn't get the

supplies because they wanted more money

soon

he is worried that they may not succeed

this time but tuong says nobody knows

what will happen next and they should

not lose hope they rent a shop and

prepare it to set up a seaweed shop

soon they will have a gmp inspection

his uncle says that he can bribe them

but tobs wants to do it properly this

time

they have some complaints about

cleanliness but they don't make any

decisions immediately and say that they

will fax in their decision later

he will fix all the problems in the

factory soon

when he gets the facts he is ecstatic to

know that they have passed the

inspection

when they deliver packages for the first

time tobe is very afraid but tuong

assures him that everything will be fine

even though they are an hour late after

so much begging they let him deliver his

packages

two years later he has paid his parents

debt and now lives with them in their

old house

his business is expanding all over the

world and he is now the youngest

billionaire in the world thanks for

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