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afm171
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It looks like this deal is not going to happen.
Surprisingly, (to me) because TG-USA doesn't want the responsibility of that size of investment. She wants to pursue something smaller.
It's great that she knows her limitations, and is concerned about my risk, but it's a shame from my viewpoint, because from the info supplied, it looked like a good deal. Almost good enough for me to consider packing up and moving to LOS full time with or without TG-USA... but the nature of the business really does require a trusted Thai partner IMO.
Thanks for the well intentioned advice and suggestions. Truthfully, I'm not sure the warnings had much effect on my thinking. Partially because they were based on the limits of the information I was able to supply, and partially because I'm hardheaded and when people tell me I can't do something, I relish proving them wrong.
Oh well, I'll get you next time 
Oh, and Harold, have you ever noticed that when you wish misfortune on others, it has a tendency to create misfortune for yourself?
In my experience, positive energy yields superior results. Your mileage may vary...
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Thai Girls : Meet Sexy Thai Girls
Posted on: 4:38 pm on Jan. 5, 2009
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harold444
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in my experience smart thinking gets good results.
going into busnit with a tg becoz she services u weekly is silly.
i not the only one who thouht yr plan was silly.
my female intuition tells me u not a truthful poster with your stories, but no biggie, its fun.
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Bangkok Women : Meet Sensual Bangkok Women
Posted on: 5:12 pm on Jan. 5, 2009
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atl
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afm wrote:
"positive energy yields superior results"
________________________________________
Truer words were never spoken...or in this case written..
well put my man,
atl
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Thai Girls : Meet Sexy Thai Girls
Posted on: 9:02 pm on Jan. 5, 2009
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Jojje
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Quote: from afm171 on 5:38 am on Jan. 6, 2009
The honest advices and warnings you got here from experienced bro´s did affect you? You already had your mind made up?? So why did you ASK for our advice then?? But if you are hardheaded - it is of course all your own business and I can assure you we dont care at all. But please tell us later what happened!
I will even make an interesting deal with you. Do the deal. Try to make it work as you planned for a year or so. Write down a report here of your experiences and what way the business took.
I will already now in my turn PRE-write your report - place it an sealed envelope - turn it over to some trusted member here. After you have written your experiences - we can open mine and what I thought would happen. Could be interesting comparison! Maybe my report will end with the sentence "dont say I didn´t warn you!?"
What do you think? But don´t feel bad about it. There has been a long line of western men trying out the very same over the years - so why listen to them!
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Bangkok Girls : Meet Sexy Bangkok Girls
Posted on: 9:37 pm on Jan. 5, 2009
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atl
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Shit I just read page 1.....my last was one of those posts made after just reading the existing page...
AFM..if 100K is something you can afford to loose do it....f*** it why not..you live once..
But if 100K would hit you in the gut, then maybe all the positive energy in the world wouldnt suggest taking that chance...
I like the attitude....and am batting 500 as a biz owner myself in the states....but Thailand isnt a place to bet money at all...believe me I sold condo's in BKK and showed units to dreamers from all over the planet and I cant recall anyone of their speculations of making money coming to fruition....most had it already so it was no biggie...
I know that sounds negative...but it is realistic....
The only way to make 1 million bucks in biz in Thailand is to start with 3 million.......
my thai actor buddy (BK and RTB you met him and nycboy can probably attest) lost his ass on 2 biz ventures in BKK, but he had it to loose and was simply asked to be partner based on his name...and both tanked quickly..within a year....
nycboy, you will no doubt tell him that, but he knows I told him the same thing from the get go 
AFM if 100K is superfluous to you, and for some people it is, then do it.....(I would love to be in that position LOL)
if it aint.... keep the positive attitude but do it in your home country....
my 2 cents,
atl
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Thai Women : Meet Matured Thai Women
Posted on: 9:59 pm on Jan. 5, 2009
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jack attack
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If the amount was US$ 10, my guess is everyone would say "sure do it". If it was US$ 100 still everyone would say WTF, take a punt. But the real issue is it was stated to be US$ 100,000.
Now for many, this is real serious dosh. But the bottom line should be the same irrespective of the amount involved. Even people who have big bucks would not be lead to the point of just pissing it away... 10, 100 or 100,000.
AFM, what return were you expecting on your investment? After how long? Or was it just trying to find a way to keep the TG happy and available for service?
And now that she is 'afraid' of this amount, has she sunk the hook in deeper to make US$ 50,000 more 'acceptable'?
I am sorry to sound blunt but if you are asking these questions from the heart as opposed to the pocketbook, they will receive different answers- which are just as well meaning in both cases.
Of course, if that US$ 100,000 is just burning its way thru your pants pocket, I can steer it toward a very viable Thai business for you to invest in. Honest, trust me!
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Bangkok Women : Meet Beautiful Thai Girls
Posted on: 4:41 am on Jan. 6, 2009
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ThaiPrivateEye II
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I’m not trying to piss anybody off, but...
"It's great that she knows her limitations, and is concerned about my risk,”....
 She is not concerned about your risk if she backed out when you asked her for HER part of the deal = 50k...
IMHO, she just re-grouped and thought, oh well he is at least willing to out up 50k on his own,  so I'll play that hand for now, and get another 50 (maybe more) off some gullible guy when I’m back in LOS aka the Land of Scams... 
“...but it's a shame from my viewpoint, because from the info supplied, it looked like a good deal. Almost good enough for me to consider packing up and moving to LOS full time with or without TG-USA... “
Then just do it. 
"but the nature of the business really does require a trusted Thai partner IMO."
That just about puts the last nail in the coffin right there then doesn’t it...
Trusted Thai Partner 
TPE II
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 7:08 am on Jan. 6, 2009
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afm171
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I really appreciate all the input of this board. I asked for input to get a “variety” of opinions – and that’s exactly what I got: advice ranging from:
• Just do it
• More due diligence required
• No f***ing way
They can’t ALL be correct advice now can they?
It depends on the specific circumstances of the situation, and that is best determined by the person closest to the circumstances: me. As it stands, I am not pursuing this opportunity, NOT because of the advice that said “no f***ing way” but because a part of the equation has fallen out of place – that is all.
Understandably, some assumptions were made where I did not provide complete information. For example, about the viability of the business itself. Some details:
Has been operating profitably for 14 years. Prime beachfront location, Favorable leasing terms, No key money, Fully staffed, comes with work permit.
The basic numbers for 2007:
Revenue: $230,000
Material costs: $90,000
Fixed costs: $29,000
Payroll: $31,000
Profit realized: $80,000
Assuming these numbers stood up to due diligence, an established profitable business with good prospects, selling at 1.25x earnings is cheap at any price. Based on a 100K acquisition cost, this would result in a return of capital in a little more than a year, and an annual return (based on shared ownership) of 40%.
If everything is as it appears to be (and it may not be) then it is a very good deal for the right person IMO.
A couple direct responses below marked ***
-------------------------------
Harold444
QUOTE: “going into busnit with a tg becoz she services u weekly is silly.”
*** Gee, that IS a silly idea. But that was your assumption - NOT my idea.
QUOTE: “i not the only one who thouht yr plan was silly.”
*** Wisdom is not determined by vote.
QUOTES: “in my experience smart thinking gets good results… …my female intuition tells me u not a truthful poster with your stories”
*** Was it your “smart thinking” or “female intuition” that led you to predict I would not be responding further to this thread? At least one of them is not functioning as well as you think it is.
----------------------
Jojje
QUOTE: Write down a report here of your experiences and what way the business took. I will already now in my turn PRE-write your report…
*** I would love to take you up on your offer, as I would definitely turn the experience into a book length report. As stated above, it’s not even possible to “follow” the advice given on this board because of its disparity, but I value it all, and thank you. Feel free to get started on your prediction for my eventual demise – I’ll work it into my book whenever that gets going…
QUOTE: “There has been a long line of western men trying out the very same over the years - so why listen to them!”
*** There’s been a few who have done well also – I’d rather emulate them…
-------------------------------
ATL & JackAttack
*** The 100k is certainly not superfluous, but the loss of it wouldn’t kill me either. No, this isn’t about keeping the TG happy – and “heart” has nothing to do with it.
-------------------------------
TPE
QUOTE: “She is not concerned about your risk if she backed out when you asked her for HER part of the deal”
*** The situation you describe didn’t happen. I know it’s easy to assume that this is a “Tilac I need money for the water buffalo” scenario… but this deal was not even TG-USA’s idea.
She was talking about becoming partners with her sister in an existing business (no, she did not ask me to fund it). Based on what I know about that venture, I told her it was a lousy idea. I then set out to find a better deal - with enough upside to justify the effort, which is the one I describe above. I was then trying to sell it to TG-USA!
QUOTE: “That just about puts the last nail in the coffin right there then doesn’t it…”
*** Yep. She wasn’t up to the task. I don’t want to pursue it solo. End of story - for now…
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Thai Girls : Meet Active Thai Girls
Posted on: 9:12 pm on Jan. 6, 2009
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harold444
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why do posters always make the girl the stoopid one.
just be a man and say I didnt want to be fleeced!
bad thing about forums, only one side of story is told.
and often times the story dont add up.
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Thai Women : Meet Matured Thai Women
Posted on: 9:40 pm on Jan. 6, 2009
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Jojje
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Sigh... you come here and ask for an advice - hopefully from people who picked up some mileage from the country - right?!
Many of these threads can get ugly very quickly - but I must say that you were given several brothers honest tips and thoughts about it.
You turn into a debate about what you said or didnt say?! Who cares! You obviously know better about business and LOS anyway it seems so you dont need me or anyone else here to tell you anything really - since your mind is already made up! Ok - so be it! Good for you!
You did not mention your experience in business or Thailand - but you seem confident enough that it is no issue! Great! Go ahead! I think I can speak for most guys here when I say we really dont give a s....t what you choose. I am just irritated over people who ask advice - and then they get it from generous people - and still they dont listen!
Please do the deal after your expertise in the area. But PLEASE tell the forum later how it turned out! For me this is the last entry on the subject.
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Bangkok Girls : Meet Attractive Thai Girls
Posted on: 10:04 pm on Jan. 6, 2009
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