Buk Hoo Kee wrote on 4
th Aug, 2009 at 10:11pm:
We aren't talking about the 1900's anymore. My aunt has a fish farm in the back of her house, nothing close to 40 acres and they live off of that and then some and it's just a small pond. You can't compare doing business in the US and Laos, they are totally different, not to mention this is the year 2009. I don't own 40 acres of land and yet I'm doing quite well for myself. I know a guy who gave his brother in Laos 10k to buy a truck and start a trucking business importing and exporting stuff between the neighboring countries around Laos. The brother gave back the 10k after a year and is now rich. He sold out his own brother that was supposed to be his partner and instead told his brother, "here is the money back that you LENT me".
I have already invested in Laos, land and all but you got to know how to do it the Laos way, not the foreigner mindset way. If you think of fish farms and greenhouses like they have in the west, then you aren't going to suceed in Laos. When in Rome, do like the Romans.
Exactly, it is 2009, and the agricultural industries are becoming more and more consolidated, making it more difficult for small investors to get a start.
Additionally, by now, or very soon, most of the food needs will be fulfilled, either by companies or individuals who have already had a head start. I'm not saying you can't make it, but for such an endeavor to actually be actually worth while, or worth my while rather, I would expect a larger return on investment. There are bigger fish that you can fry in Laos, but hey, if 10K is all you got to lose, then go for it.
Some of the things that I can think off the top of my head that Laos could benefit from are spray on drywall/insulation installers, graphic design and printing or copy center, or pretty much anything related to the automotive or construction industries.