Huge expansion of the company, but still poor

After I finished developing everything necessary, I went to get patents for all my creations.

After that, I went to Grandpa to show him the smartphone.

He was astonished but not too shocked, as he had already seen my skills with the closet last time.

"Why are you showing it to me, Gabriel?" Grandpa asked in a curious voice.

"I need money to mass-produce the finished product," I told Grandpa the truth. There is no point in hiding it. Grandpa wouldn't lend me the money without knowing what I was doing.

"How much do you need?" Grandpa asked.

"I would need around $3,500,000. I need to buy a fabric, hire people, and buy the electric circuits from a semiconductor company, as building my own would be way too expensive right now. Then I need some machines to implant and put everything together semi-automatically," I told my grandpa the costs, and he was shocked.

"We need to drive to the bank to apply for a credit if we want that much money," Grandpa said with a smile while walking towards his car. I felt very happy not only being able to start mass production but also feeling Grandpa's trust in me.

Grandpa received the loan, and I immediately started all the purchases.

After about a week, I had installed everything.

I hired quite a few people and started producing the first few smartphones.

The cost of building a single phone was almost exactly $290, more than Apple's $220 with their first iPhone in the memories.

But it was realistic as I had a semi-automatic production line.

One smartphone took around 2 minutes to create.

I had hired workers for two 8-hour shifts, meaning they would work for 960 minutes a day.

About 85% of it is spent on effective working, meaning there are 816 minutes spent on making a phone.

With the two minutes it took to build the smartphone, there are about 408 smartphones built every day.

I also received the first few answers from several stores that I asked if I could sell my phone.

I didn't get many agreements besides one.

It was from AT&T stores. They offered a price of $390 per mobile phone.

This means I would make about $100 of profit per phone.

If I sold them all the phones I produced in one day, I would earn $40,800 from this one production line in one day.

This means I could pay back the loan in about 86 days.

I wasn't dumb and would do that. First of all, I still needed to pay for loans and other costs like electricity. Due to that, it would take a while longer.

But the main thing I will do with the money is hire more people for a third shift making 612 smartphones per day then.

After agreeing on the deal with AT&T store, I went towards another part of the factory where all the software was installed.

After the smartphones were finished, they were tested, packaged, and sent to AT&T.

When everything was done, I went home and read all my emails.

I saw an email from AT&T.

It contained the opinions of many critics.

Some critics talked badly about it, but the overwhelming majority praised it.

That was a very good sign.

It meant that AT&T would most likely create more and better advertisements.

This would ensure a liquid stream of cash flow into my hands.

Everything continued as I planned.

It has been a month since the start of my sales now.

The phone was released to the public.

Due to its limited production, it got not to everyone, but still most people knew of the phone.

They found it amazing.

Everything went perfectly.

I also met Howard and Rajesh for the first time in a laboratory while playing chess with Sheldon.

One month later, I decided to continue to expand the production lines.

I wanted to look around for good bank loans, but I received a surprise visit.

It was the government of California.

They knew about my phone and saw its potential.

Knowing it could boost California's economy hugely if expanded, they agreed to give me a low-interest loan of $1,200,000,000.

That seems like very, very much money, but it isn't that much, honestly.

The voucher I used for it was worth very much the money. It wouldn't harm the government at all.

The voucher I used for the loan was the complete design and production of the smartphone.

If I can't pay back the loan, which is unlikely, they would receive everything from the smartphone and could start creating it themselves.

They wouldn't lose anything.

I used the money to expand the size of the company hugely.

It could now produce tens of thousands of smartphones per day.

The money the company got per day was in the millions.

It was crazy.

The Blueberry smartphone became more and more popular. Mostly due to the huge advertising AT&T created.

Even though my company was making millions per day, I was still a "poor man". I didn't accept any money from the company and let everything flow into the company.

With producing tens of thousands of smartphones, my current production capacity is enough.

Next, I would focus on building my own stores to maximize my profit and sell my products there.

I will also create more office and research buildings.