Tsai Qi Jun to Open New Storefront After ‘Stall king’ Rise
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Hong Kong – Former Television Broadcasts Limited (TVB) actor Tsai Qi Jun is planning a return to traditional retail, announcing plans to open a physical store next month. This move follows a period of entrepreneurial ventures,including rice noodle and hot pot shops,and a highly visible street-stall business that earned him the nickname “Closed Lifting Boundary KOL” by online followers.
From TV to Street Food
Tsai qi Jun left TVB in 2014 to pursue business opportunities in mainland China. Initial ventures into restaurants proved unsuccessful, leading him to explore more unconventional approaches. He gained prominence by operating street stalls, selling items like chicken legs and attracting a following of fellow entertainers seeking work.
Did You Know? The term “KOL” stands for Key Opinion Leader, a term commonly used in China to describe social media influencers.
His “Stay Stall” initiative brought together a group of artists, including Chen Siqi, Yu Ming, Lin wing-lun, and Chan Ying Yun, providing them with income opportunities. The collective effort earned them the moniker “carrying king,” referencing their dedication to the demanding work of street vending.
Employee Welfare Drives New Decision
The decision to open a new store is largely motivated by concern for his employees. Tsai explained that he and his wife were “broken” witnessing the physical strain of working outdoors in high temperatures, particularly the risk of heatstroke. He aims to provide a more cozy and stable work surroundings.
“Firstly, we were afraid of the high-temperature weather and the high-strength work causing problems,” Tsai stated. ”Secondly, we have more and more artists joining us, and a storefront will allow us to act as shopkeepers, and neighbors can visit them.”
Business Expansion and Investment
Tsai has secured a 387-square-meter (approximately 4,166 square feet) space for the new store, which features a large terrace. the investment represents a meaningful shift from his previous, more mobile business model. He previously revealed he lost millions in earlier business attempts, underscoring the risks inherent in entrepreneurship.
Pro Tip: Diversification is a key strategy for mitigating risk in business, as highlighted in a study by Harvard Business Review on entrepreneurial resilience [[1]].
| Year | Event |
|---|---|
| 2014 | Tsai Qi Jun leaves TVB. |
| 2014-Present | Various business ventures (rice noodle shop, hot pot shop, street stalls). |
| Recent | Launch of “Stay Stall” initiative with other artists. |
| next Month | Opening of new physical store. |
A Growing Team and Public Support
Chen Siqi, known as the “monarch maid,” has joined Tsai’s team and will be part of the “stall army.” The growing number of artists under Tsai’s guidance reflects his role as a supportive figure within the entertainment industry.What challenges do you think artists face when transitioning from performance to entrepreneurship?
The declaration of the new store has been met with enthusiasm from fans and followers, who appreciate Tsai’s dedication to both his business and the well-being of his team. Do you think this move will solidify tsai Qi Jun’s position as a successful entrepreneur?
The story of Tsai Qi Jun reflects a broader trend of Hong Kong entertainers diversifying their income streams and embracing entrepreneurial ventures. The challenges and successes of his journey offer valuable insights into the evolving landscape of the entertainment industry and the resilience required to navigate the complexities of business ownership.
Frequently Asked Questions
- Who is Tsai Qi Jun? Tsai Qi Jun is a former TVB actor who has become known for his entrepreneurial ventures in Hong Kong.
- What is the “stay Stall” initiative? It’s a project led by Tsai Qi Jun that provides income opportunities for other artists through street vending.
- Why is Tsai Qi jun opening a new store? He wants to provide a more comfortable and safe working environment for his employees.
- What kind of businesses has Tsai Qi Jun tried? He has operated rice noodle shops,hot pot restaurants,and street stalls.
- What is a “KOL”? KOL stands for Key Opinion Leader, a term used to describe social media influencers.
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