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  1. #76
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    Quote Originally Posted by RickThai View Post
    Quote Originally Posted by muffdiver View Post
    Dive business is soooooo hard...! Ran one in Phuket, had all the money, all the contacts, but the hazards - price undercutting, too many operators, dysing corals,seasonal traffic (low season you lie low and twidle your thumbs), jealous locals, etc,etc. - makes it a very trying business.....thus, i gave up and am now very happy - muff-diving!
    Of the two, I think I'd rather take my chances with the bull sharks in the Andaman, rather than the beautiful girls of Phuket!

    RickThai
    well....i'll die happier than in the bull sharks mouth!!

  2. #77
    Thailand Expat terry57's Avatar
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    Quote Originally Posted by RickThai View Post

    After investing all of his capital, the bloke came down with some disease and wound up in a Thai hospital, owing more money than the dive shop was worth.
    RickThai


    I can tell you what a run of the mill dive shop is worth. Sweet fuk all.

    So many shops are just hanging in there by the skin off there ball bag, only a few big operations make real money.

    What have you got ? One has a rented shop, a rented boat, a heap of second hand equipment and second hand compressors which one must service up when you take over the business. Big money right there servicing compressors.

    The big players own there shop, own there boat, are usually very well established in the business and making money. They don't sell as they are doing quite OK.

    If the shop is successful and the owner must sell for various reasons an employee will buy it , it don't reach the open market.

    The shops that go on the open market are the ones where the owner has already lost money and is trying to off load it.

    A newbie don't know this stuff . How can they ?

    I suggest that any fuker thinking about opening a dive shop take a little trip out to Koh Tao.

    One will then realize what real competition is all about and ponder the thought about " How are all these shops surviving " ?

    The answer to that question is , Many are not. There working to keep the doors open and that's about it.

    The up side is they get to live on an Island and interact with some very interesting people.

    This is the great part about the Dive industry, The people one gets to meet is incredible.

    There's another story in its self.

  3. #78
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    Go on, then.

  4. #79
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    One of the nicest things about the Scuba Diving forum (very different than many of the other TD forums) is all of the real, relevant experience of the posters, and their willingness to share.

    RickThai

  5. #80
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    Quote Originally Posted by terry57 View Post
    Quote Originally Posted by RickThai View Post

    After investing all of his capital, the bloke came down with some disease and wound up in a Thai hospital, owing more money than the dive shop was worth.
    RickThai


    I can tell you what a run of the mill dive shop is worth. Sweet fuk all.

    So many shops are just hanging in there by the skin off there ball bag, only a few big operations make real money.

    What have you got ? One has a rented shop, a rented boat, a heap of second hand equipment and second hand compressors which one must service up when you take over the business. Big money right there servicing compressors.

    The big players own there shop, own there boat, are usually very well established in the business and making money. They don't sell as they are doing quite OK.

    If the shop is successful and the owner must sell for various reasons an employee will buy it , it don't reach the open market.

    The shops that go on the open market are the ones where the owner has already lost money and is trying to off load it.

    A newbie don't know this stuff . How can they ?

    I suggest that any fuker thinking about opening a dive shop take a little trip out to Koh Tao.

    One will then realize what real competition is all about and ponder the thought about " How are all these shops surviving " ?

    The answer to that question is , Many are not. There working to keep the doors open and that's about it.

    The up side is they get to live on an Island and interact with some very interesting people.

    This is the great part about the Dive industry, The people one gets to meet is incredible.

    There's another story in its self.
    100% correct - it's for the fun, not the money!

  6. #81
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    19-08-2017 @ 07:19 PM
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    Quote Originally Posted by FailSafe View Post
    A great way to get fucked but good in Thailand is to put too much faith and trust into your Thai partner- yeah, it often helps to have one and they can be very useful, but when there's stuff going on to which you aren't privy, when you can't understand the language to the point where you can get involved in meetings, and when you have to sign paperwork you can't read, don't assume someone is looking out for your best interest, no matter how much you think you can trust them.

    I've been doing OK in Thailand for a long time with my businesses, but one of the rookie mistakes I made (that could have ruined me) was thinking my Thai partner was working for 'us'.
    Anyone who signs papers they don't understand, attends meetings conducted in Thai when they cant speak Thai deserves to get fucked... strange post!!

  7. #82
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    Scottish Gary's Avatar
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    01-03-2023 @ 03:15 AM
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    OP Would you not be better getting yourself fully qualified then trying to get a job in a dive shop building up some contacts first.

  8. #83
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    30-11-2015 @ 05:10 PM
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    diving

    Do not expect a very good salary by teaching scuba diving in Thailand. Now if you want to attend an IDC, I recommend you to do it in Koh tao.

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