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Minh Beta suddenly revealed the passive income from the famous national song “Vietnam Oi”

Not only a famous young entrepreneur in the startup world, Minh Beta – founder of Beta Group is also a musician. In 2011, he composed the song “Vietnam Oi” before leaving to study in the US. In 2018, the song caused a lot of emotion when used in an MV when the Vietnam U23 football team won the runner-up at the AFC U23 Championship.

This song is often played after large and small national sports events and tournaments.

Since you are a businessman, I will ask you from a practical perspective. How much money did you lose and how much did you gain from “Oh Vietnam”?“, host Ngoc Trinh suddenly asked founder Minh Beta in the talkshow Financial freedom aired recently.

“To answer Trinh’s question, I have to recall the word In 2011, when I produced this song, the total amount spent on it was just under 10 million. Because when filming the MV, it is a community project, all the brothers and sisters involved in supporting Minh to produce the MV. No one took money from that project so I didn’t spend money on the MV either. And the song costs money to the recording studio. As for the total amount of money received, Minh does not count it, but he still has a steady amount of money flowing into his account every month. It’s not too much, but it’s still fun every time I see ting ting“, Minh Beta happily replied.

Not satisfied with the answer of the founder of Beta Group, Ngoc Trinh continued to question whether this monthly payment is many times higher than the initial capital.

“If it’s a percentage, the number is very large, many thousands of percent“, Minh Beta said.

From the perspective of financial freedom, it can be seen that “My dear Vietnam” is a classic example of the concept of passive income for young people to learn.

Minh Beta suddenly revealed the passive income from the famous Vietnamese national song

Minh Beta is associated with the name of the domestic cinema chain Beta Cinemas. This chain of theaters was self-researched, researched and self-developed by him. Beta Cinemas focuses on the mid-range segment with moderate ticket prices accompanied by food service. After more than 6 years of operation, the chain of 15 cinemas has been covered all over the country, serving millions of visitors every year.

With growth potential, recently Beta Media – the operator of Beta Cinemas received a capital contribution of 8 million USD from Daiwa PI Partners Investment Fund (Japan). With this agreement, Beta Media reaches a business valuation of VND 1,000 billion.

This investment will be a resource to help Beta Media have more resources to expand investment in two areas continue to expand the chain of Beta Cinemas cinemas through franchising to soon complete the goal of owning 50 cinema clusters in the next 2-3 years.

Before Beta Cinemas, in 2009 Minh Beta also invested in the Doco Donuts & Coffee restaurant chain. After 3 years of developing the chain, Minh Beta sold the Doco Donuts chain to study for an MBA at Harvard (USA).

Minh Beta is a former math student at Hanoi – Amsterdam High School. After graduating from high school, he was granted a full scholarship to the University of Sydney. After graduating with a First Class Honors degree, he went to Singapore to work for two years.

https://cafebiz.vn/minh-beta-bat-ngo-tiet-lo-khoan-thu-nhap-thu-dong-tu-bai-hat-quoc-dan-noi-tieng-viet-nam-oi- 20220605152554701.chn


Moc An

Following Economic Life

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