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I Want To Open A Bar In Thailand And Move To Live Downthere!

alexxx

By alexxx
in SME Business in Thailand

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johnnyk Gold Member

johnnyk

Posted
Posted

My question was, how does Danish management experience cope with the staff receiving their monthly pay on the 31st and turning up for work across the road on the 1st (the half that hasn't decamped for Isaan of course!)?

Perhaps the hidden motivation for his brain f*rt was "Wow, we can drink for free and shag lots of girls for free too!"

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Salerno
Salerno

Is this a record for thread necrophilia? ????

Naam
Naam

i hate to destroy your dreams Alex but you and your friends -being foreigners- are neither allowed to open a bar nor to work in one. oops! i overlooked your thai friend. he is of course allowed to es

nidge Gold Member

nidge

Posted
Posted
i do not want to waste my potential. i do not want to cripple my life.

Sorry for joining this thread rather late in the day.

You are about to get a degree Electronics and Computer Engineering and you do not want to waste your potential. That tells me one of two things.

1) You know you are going to fail your degree and suddenly need to find a different career path.

or

2) You are really intelligent but have a chronic deficiency in common sense. Your potential is in engineering not running a bar.

Another couple of expenses i don't believe have been mentioned are flights into the country and visas. Just read through this forum and see how difficult/expensive/time consuming it is to get a visa. I have lived here for nearly 7 years and have just received my first non-imm O visa, (tourist visa's previously). It took me 3 visits to Bangkok, tons of paperwork/translations and 4 nights in hotels. For 3 guys all doing the same the cost will soon mount up.

At 22 most guys think they know everything, as you get older you will realise how little you really know.

Please don't waste your future by buying a bar.

Nidge.

Naam Star Member

Naam

Posted
Posted
Perhaps the hidden motivation for his brain f*rt was "Wow, we can drink for free and shag lots of girls for free too!"

nothing wrong with that if your age is 22 :o

blizzard Gold Member

blizzard

Posted
Posted

jsut coz you own a bar doesnt mean yr dinks are free. you still paying for it .

free gurls r a different thing, as long as you didnt buy them for the bar...............lol

raro Star Member

raro

Posted
Posted
dam_n you all!!!

You've dissuaded him from doing it!

If it wasn't for a fresh crop of idiots getting off the planes every year and pouring their life savings into keeping bars open, then we wouldn't have nearly as many bars to choose from to drink in.

If any one else asks this question then its a great idea and sure to make enough money for you to live in Thailand like all the other 9 million people who come here on holiday every year and want to do the same to stay.

Let's get our story straight or we'll all end up squeezed into the same half dozen viable bars!

sounds like you've got a bar for sale... :o

Theyreallrubbish Silver Member

Theyreallrubbish

Posted
Posted
dam_n you all!!!

You've dissuaded him from doing it!

If it wasn't for a fresh crop of idiots getting off the planes every year and pouring their life savings into keeping bars open, then we wouldn't have nearly as many bars to choose from to drink in.

If any one else asks this question then its a great idea and sure to make enough money for you to live in Thailand like all the other 9 million people who come here on holiday every year and want to do the same to stay.

Let's get our story straight or we'll all end up squeezed into the same half dozen viable bars!

sounds like you've got a bar for sale... :o

God no. Even arriving in Thailand as a naive 22 year old 15 years ago, way back before there were bars everywhere I could tell it was a lousy business because too many people were investing in it for reasons that weren't related to the return on investment.

But I do appreciate that my choice of places to drink is far higher because of the charitable westerners who pour their life savings into keeping them open.

If that flow of foreign funds were to end, we'd all end up squeezed into a much smaller number of bars and the "wives" of these charitable bar owners would throw far fewer free parties while their husbands are back in the west trying to earn a bit more money to keep them open a bit longer.

I'm being facetious of course. I don't really want people to lose their life savings just so I can always find an empty bar stool. But a fool and his money etc etc

  • 3 years later...
chesternim Apprentice Member

chesternim

Posted
Posted

Nice dream - everyone has that! Try something different that might work. You should invest your 7m, gear it for some leverage so you might have 21m invested.

Get a job for a few years to cover the interest expense - so you can let the investment compound. It should double every 3 years - do the sums a few times - for 12 years or more.

When the numbers get big then you can borrow out some of the gains without cashing in the investment - so no tax. Then go live in Thailand and never work again.

  • 8 years later...
scorecard Star Member

scorecard

Posted
Posted

Look at the item here on Thai Visa today in regard to severe negatives about Pattaya.

 

IMHO there is some truth in that report and the same report is relevant in some measure to Phuket and Samui.

Crossy Star Member

Crossy

Posted
Posted

Guys this is a thread from 2007 with the last real post in 2011.

 

Time to lay it to rest permanently.

 

If you want to discuss, start a new thread.

 

"I don't want to know why you can't. I want to know how you can!"

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