Is this guy gullable or fcuking nuts?
Try some of his other vids. https://www.youtube.com/channel/UCSo...Ec-ksEkynuRc_Q
Is this guy gullable or fcuking nuts?
Try some of his other vids. https://www.youtube.com/channel/UCSo...Ec-ksEkynuRc_Q
He is trying to get money by vlogging. His videos are poor as are those on his list of recommended vloggers. Please see right side of page. They are useless. One is an American who is unable to spell "Eel". He volunteered his services as an English teacher. Warren Gerdes is an Australian who cannot stop talking. The rest are best avoided too.
He ran bars in Pattaya in the early 2000's then a thriving ebay business from Pratunam, then a UK taxi driver, only been here a few months this time. One of the nice vloggers. He had a car wash business in his village then others set up, also a snooker table, same happened. I reckon cannabis growing might do well when they legalise it
Why does he keep setting up businesses when he knows what to expect. For instance he set up the cow thing when he wasn't even in the country. FFS what kind of farang idiot would trust his Thai family to do it for him? I personally wouldn't trust them to look after me dog.
I realise the zebu and brahman cattle here don't seem to produce good meat, but there are plenty of heat tolerant breeds. Texas longhorn? What do the big cattle stations in Aussie raise?
A possible reason the local beef is horrible is possibly the slaughter, butchering, and aging. From what I've seen, butchering is unscientific chop and hack, and there is no hanging or aging.
I did consider buying a yearling. Rest it and fatten it for a few months, then slaughter cleanly and let it hang in a chiller for a week or two before butchering properly.
In NZ, dairy cows that are milked out are slaughtered for the US burger market as that's all they're good for.
There's money in fighting chickens, the good uns cost a fortune and then there are the winnings, cheap to feed.
What a boring presentation.
Anyway, at the end he asked: "Where did we go wrong? What did we do wrong?"
He knows the answer. He got into something he knew nothing about and had no real interest apat from making money. He spent his time in England relying on others in Thailand to do the work ... with predictable results.
I know someone who makes good money from cows; breeding them, rearing them for a while then selling them on. He knows what he's doing, he loves it and resigned from a good job in order to do it full time. He did it as a hobby for a few years before that. He also bought a field for the cows to graze in.
Well, all things considered he made out fine.
Getting involved in a business you know little or nothing about and supervising from afar, he should have lost a ton. He pretty much broke even only losing time and labor.
Story from a few years back about a similar situation, foreigner getting involved in pig farming - virus came along and killed off his stock. He did lose everything.
There's a good thread here on TD somewhere about a member rearing cows. If I recall correctly, he made money for a while (a year or two?) but then it went tits up due to disease.
Lessons learned - stick with what you know -
Farming, well, I can't do it, far to much work, labor intensive, you have to know what you're doing, livestock requires constant care, crops; seed, sow, irrigate, reap, and, then there are the hazards, as noted, disease, floods, droughts, really fraught with danger.
BIL does shrimp farming - one year lost I think it was 8 ponds of shrimp to flooding. Difficult ventures, you eat the loss and very difficult to recover from.
There are a few real farmers on this website, they can speak volumes. KUDO's to you.
Similar out in the sticks. As soon as farang moves in wifey comes up with a sureproof way of making money. Buy some land, which she probably owns anyway, or she gets commission from the seller, hubby is none the wiser. What should we grow? Looking around, most people seem to be growing cassava. Okay cassava it is. Unless you do all the work yourselves you won't make a living with cassava. And if you do it'll take about 25 years, after buying the land, before you recoup that outlay. As the guy in the vid basically puts it, 'you can't make a living here from farming'. And like any manual work here, it's hard sweaty work.
Said it before, be it a bar, farm, resort, if it wouldn't pay in the west, no chance in Thailand.
Over the years seen lots of farangs with big plans and little money, build a resort and they will come, same with bars etc, but the tourists don't come.
Knew a pork buyer from the UK, one of the big stores, wouldn't look at a farm worth less than a mil US and that was over 10 years ago.
Know 2 bar, restaurant, come hotel owners who have done well, both arrived over 20 years ago, Thai wife, bought land, cheap at the time in tourist areas, land valves and tourism grow over many years.
They made money long term, probably lost money for the first 10 years or so.
There is no money in small farming end of story, own a bar shop house, live upstairs and leave a business and a home for your kids, long term winner.
Everything is long term, unless you are into short term cons, seen a few of them over the years.
Wifey says – yup, “sure fire” can’t go wrong, falang cash machine – all you have to do is buy the land, we’ll take care of the rest. Cassava, yup, seems like everybody’s growing cassava. Let’s enter the highly competitive cassava growing market. Sure fire money maker, what could possibly go wrong.
Worked in Indiana a half year, USA farming country, folks would, (as second jobs for "mad money") rent the land, buy the seed, hire the machinery to plow and sow, rent the irrigation equipment, hire an overseer to monitor, hire the machinery to harvest, sell… and, uhm, count the cash. Problem is everybody’s doing the same, bumper crop year prices plunge, small cash received, bad yield year, high prices, small amount to sell, small cash received. As per the players, most years most made minor moneys USD $1-3k or so, before taxes. Some years “nothing”. And, a few years “losses”. Invested money in rents and seed are at risk. Weather is the killer. One bad storm at the wrong time can kill a crop.
Long Term – it has to be “long term”. No “get-rich-quick” schemes in farming. As Prag notes 25 years just to pay for the land investment. And, well, how many folk have accumulated a significant cash investment stash earlier enough to be in it for “the long haul?”, and, just how many are willing to invest their labor in the long haul venture?
Easier to open a beer bar, hire the help and watch the money slowly but surely, and sometimes not so "slowly", flow out of your nest egg stash. Well, at least you’ll get your beer at wholesale cost.
Last edited by bowie; 19-11-2018 at 08:00 AM. Reason: add comment
There are if you look to unusual crops/stock and go about it intelligently.
There are crops that make excellent money for relatively small outlay if you have the right conditions. It's just a matter of discerning whether or not you have those conditions.
Wasabi is an example of something difficult to grow unless the conditions are right, but if you happened to have a grove of forest with the right light underneath and the right soil and weather, you could make a fortune. I imagine there could be such places in Northern Thailand.
Lavender oil is another, and for Thailand where labour is cheap, saffron could be another. Truffles, perhaps. If you look around the shops and see what is expensive, you'll get some ideas. Vanilla. Black chickens. Any number of speciality oils...jojoba, lavender, argan, etc. There's inumerable oportunities if you look, research, and are wise about it.
Thread seems to be drifting off topic a little so...... I'm no farmer and I have no wish to make money here in Ting Tong Land but if push comes to shove then I'd take up RAT farming. I don't believe Thais do it and there is definitely an export market available to the likes of Cambodia & Vietnam. Thais seem to think that rats only caught after the rice harvest are worth eating due to the taste from them eating the rice. But what if you can farm rats, feed them on rice, and have them on the menu all year? I believe rat is currently fetching 200 Baht per kilo. Nearly twice the price of pork.
Surely there can't be too big an outlay to start a business after first finding a buyer.
https://www.bbc.com/news/world-asia-28863315Cambodian rat meat: A growing export market
[QUOTE=Pragmatic;3856720]Thread seems to be drifting off topic a little so...... then I'd take up RAT farming.[/QUOTE]
Well, Prag, “Rat Farming” is a good idea.
My entrepreneur days are long over, but, this idea could be run with, a good business plan and prospectus would easily attract investors. Needs to get put in the right hands for a successful run.
Another guy made a ton farming cockroaches in China:
https://www.cbsnews.com/news/cockroach-farming-a-booming-business-in-china/
But, on the “off-topic” subject of entrepreneur – it does take a certain type of talented individual to turn a “good idea” into a profitable business. I know a couple of successes and far more failures. Going convention is of twenty start-ups, one is successful, three breakeven and the rest fail within a five year period.
“I bought raw dog meat at 26 yuan (per kilogram) last year and this year it went up to 40 yuan,”
125 baht per kilo. Not to shabby.
https://blogs.wsj.com/chinarealtime/...ival-in-china/
The idea was here 75 years ago...
https://en.wikipedia.org/wiki/King_Rat_(Clavell_novel)
And I have no doubt you could source 3rd grade rice at basement prices. Great idea. I'm sure they'd be easy to breed and keep.
Yes, find the buyer first.
Yes, went off topic slightly, but I did mention black chickens. They're expensive to buy fresh or frozen and can't be too much harder to raise than ordinary fowl. Rarity is the thing, or in the case of rats, abundance.
One thing everybody keeps forgetting, small farming is subsistence farming, so no real money.
Once you get big enough to start earning real money the game changes and you become a business, tax, VAT, health certification, EPA permits, planing permission.
Workers need to go on the books, pay national insurance, healthcare and health and safety come in, it all costs.
A few pigs, rats, chickens sold at local markets are one thing, 100s of pigs or anything else sold by contract, taxman and other Government agencies will be onto you sooner than later'
Law here is similar to western countries, they just don't apply to peon farmers and rich subsistence farmer are few and far between.
There is a 15% agriculture tax, once you earn [on the books] more than the allowed amount, that tax becomes due.
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