Singapore Expats Forum

Whos here interested in starting ur own business?

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
NC30
Regular
Regular
Posts: 75
Joined: Wed, 09 Jan 2008

Postby NC30 » Mon, 14 Apr 2008 6:53 pm

to winxkid,
What do you mean by demand for personal courier srevice.
pls explain i'm interested, even more fun to do it on motorbikes..
to all, i'm open for any suggestions regarding new biz

redmanti
Newbie
Newbie
Posts: 15
Joined: Mon, 11 Feb 2008
Location: Singapore
Contact:

Postby redmanti » Thu, 17 Apr 2008 6:21 pm

Sometimes it can be easier to buy an existing business.

Singapore has a few of them but in Phuket there are quite a few less than US$50K. The smallest investment is probably Cambodia where some places are only US$20k for a bar but that lifestyle is not for everyone :)

Lots of businesses US$1 million plus.

Franchises can be very good as they are easier to get going than starting from scratch.

NC30
Regular
Regular
Posts: 75
Joined: Wed, 09 Jan 2008

Postby NC30 » Fri, 18 Apr 2008 12:03 am

Im searching for something in the service to other people,
something exciting, rent out for exaple what they don't have [yet].

Also interst in events all kind of style

User avatar
ksl
Governor
Governor
Posts: 6005
Joined: Mon, 19 Jul 2004
Location: Singapore
Contact:

Postby ksl » Fri, 18 Apr 2008 1:22 am

NC30 wrote:Im searching for something in the service to other people,
something exciting, rent out for exaple what they don't have [yet].

Also interst in events all kind of style
Are you into sport by any chance...not that you have to be, but there are quite a few oportunities, which can be kick started for very little money!

I have some statistics of runners in Singapore....around 500.000 of which are into a little running...

I also see lots of entertainment in the laser gun activities....although quite expensive to set up...But you get my drift, opportunities abound in the activities areana....people at weekends want things to do, they are bored, of the same old Sentosa weekends, the Zoo, and bird park...what they want is action, they also love publicity, they strive to be sociable, and don't mind paying for it....this you can see, with all the marathons, that they have....health & fitness is booming! and Vinegar is a functional drink, increasing ATP activity....

The Hotel & Food Asia is on from 22nd to the 25th at the expo, you never know, what will kick start your creative mind, but you need to expose it to what is going on!

I must have several ideas every week, although I'm always tuned in to making a quick buck, and not at all short on ideas. Although there are only 24 hours in a day, and it takes some time to get them all up and running.....So my point is, you can really do what you want...although you really have got to focus on one thing, and make that successful...It's important to know, when to stop thinking, and start doing it, because if you have many ideas, they will never materialise so after a while of brain storming, chose one, and go for it, blocking out all other thoughts of disturbance....Put on the blinkers and produce positive results.

I've been on this forum a couple of years now, and all I ever see, is people talking about starting business, and very rarely see any feedback from ones, that are actually reporting back on their businesses, so I often wonder, that it is all wishful thinking, dreams of doing their own business with no real substance.

The passion must be there to do it! If you don't know what to do, you should list what you are interested in, and look at your strengths & weaknesses.. Having discipline is certainly a factor which not many people, really consider, and they more often than not, fail on self discipline.

So all the good ideas are just a waste of time and effort for those that cannot self motivate, lack confidence or are generally just worried about not making it! There is no room at all for doubt!

Doubt is failure in my book, once a feasibility study is completed....but the problems to overcome obstacles will be truly many, this is the practicle education one learns, and self satisfaction is the reward for solving the problems, also for others! So if you list a few things you have done in your life, maybe one can offer some suggestions.

Like hobbies sports, interests, employment...many things can kick start a process and it really doesn't matter, that others are doing it...because competition is the best thing to keep your mind active and creative business is a strategy game, being ex military helps a little, because it's all about being better prepared to take on the goal, especially marketshare.

How much of the action do you want, and can you keep it?

User avatar
voom
Newbie
Newbie
Posts: 13
Joined: Mon, 10 Jul 2006
Location: Jurong West

Postby voom » Fri, 25 Apr 2008 12:03 am

nice one, i too had lots of ideas but always got obstacles coming and stop me frm doing.. i hav enough of this, and taking little steps nw.
cheers

NC30
Regular
Regular
Posts: 75
Joined: Wed, 09 Jan 2008

Postby NC30 » Tue, 29 Apr 2008 10:22 pm

to KSL
no i'm not in the sports sector, but i'm having good ideas
as like what i have said before.
I'm checking out now at the moment the diffrent opportunities.
But its very difficult to find the right space and or land.
I'm focused now and want to go on with the idea.
And as always all info is still welcome...
Regards :lol: :)

NC30
Regular
Regular
Posts: 75
Joined: Wed, 09 Jan 2008

Postby NC30 » Tue, 29 Apr 2008 10:36 pm

Yeah i have seen the diffrence, been to Boat Asia 2008 here ( one of my interests)
on thursday, and it was good... went back again on sunday... and it was BOOOOOM!! full full>
So this is indeed as what you say that the people want clear something else than Sentosa, etc....
So yes i think that people want action and as the spending money power gets higher they are also open for more exciting things.
So i'm thinking in a way to rent out to them those exciting things...

8-) 8-)

contact-me
Newbie
Newbie
Posts: 12
Joined: Wed, 23 Apr 2008

Postby contact-me » Tue, 29 Apr 2008 10:42 pm

What bout noodle business? I know there are few noodle restaurant here. Hhmm i wonder if they are doing well?

Franchising sounds good but then again to choose one is not easy isnt it?

Sometimes its tiring to think of something new which is saleable

User avatar
ksl
Governor
Governor
Posts: 6005
Joined: Mon, 19 Jul 2004
Location: Singapore
Contact:

Postby ksl » Wed, 30 Apr 2008 2:28 am

contact-me wrote:What bout noodle business? I know there are few noodle restaurant here. Hhmm i wonder if they are doing well?

Franchising sounds good but then again to choose one is not easy isnt it?

Sometimes its tiring to think of something new which is saleable



Then i guess you have made your first million :???: can you make good noodles? I've yet to taste a good noodle here in Singapore, after being in Taiwan, in fact i have yet to taste good food, that can match the one in Kovan, you can't miss it because there is always a long queue! The laksa is good too!

contact-me
Newbie
Newbie
Posts: 12
Joined: Wed, 23 Apr 2008

Postby contact-me » Thu, 01 May 2008 2:41 pm

Well i thought of having a different ingredients? Or should i hire good noodle chefs? Anymore good noodles food in singapore besides kovan?Say where about kovan?

royzogun
Newbie
Newbie
Posts: 2
Joined: Thu, 01 May 2008

Postby royzogun » Thu, 01 May 2008 5:37 pm

i guess everyone want to set up their own company...but most of time,we lack of money and guts.....sigh

redmanti
Newbie
Newbie
Posts: 15
Joined: Mon, 11 Feb 2008
Location: Singapore
Contact:

Postby redmanti » Thu, 01 May 2008 6:51 pm

There a lots of businesses opportunities around thesedays.

I would say that you have to work out your motivations. To be your own boss is a big one. Other thing is to decide if the business you start can be scalable. A noodle shop is unlikely to be whereas software is a different proposition.

User avatar
ksl
Governor
Governor
Posts: 6005
Joined: Mon, 19 Jul 2004
Location: Singapore
Contact:

Postby ksl » Fri, 02 May 2008 12:49 am

contact-me wrote:Well i thought of having a different ingredients? Or should i hire good noodle chefs? Anymore good noodles food in singapore besides kovan?Say where about kovan?


The hawker centre, next to the shopping mall, its the one next to the drinks, in the middle drinks one side, good noodles on the other, you can't miss it, try the Laksa, lovely!

I think you should experiment with cold noodle salad, something new and tasty, maybe a suirt of lime or lemon, to get the taste flowing. I personally never see enough salad here in Singapore.

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 34259
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Postby sundaymorningstaple » Fri, 02 May 2008 12:42 pm

Hey ksl,

here's a freebie for you to work.....

I saw drinking vinegars in the basement of CKTangs yesterday. But somebody else was the distributer. Taiwanese brand ~ 18.60/bottle. Apple, Grape & something else (not durian though).

Near the Knives department on the aisle at a demonstration booth.

User avatar
ksl
Governor
Governor
Posts: 6005
Joined: Mon, 19 Jul 2004
Location: Singapore
Contact:

Postby ksl » Fri, 02 May 2008 7:00 pm

sundaymorningstaple wrote:Hey ksl,

here's a freebie for you to work.....

I saw drinking vinegars in the basement of CKTangs yesterday. But somebody else was the distributer. Taiwanese brand ~ 18.60/bottle. Apple, Grape & something else (not durian though).

Near the Knives department on the aisle at a demonstration booth.


Thanks so much SMS....looking to try them out!


  • Similar Topics
    Replies
    Views
    Last post

Return to “Business in Singapore”

Who is online

Users browsing this forum: No registered users and 0 guests