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Entrepreneurialism

Posted by Stuart at 10:21 AM on February 26, 2003

One thing that I really like about living in Thailand is that there is a real entrepreneurial spirit here. Perhaps it is similar to San Francisco in the mid-90s when everyone was starting their own internet company, but it's certainly not that way in the US now. Most everyone seems satisfied to work for a big company instead of trying to become their own boss.

Here in Thailand, though, almost everyone I have met is either running their own business or thinking about starting one. I love that! I guess one reason it is so prevalent is because entry costs are relatively low. In any case, it has been a lot of fun for me to learn how people start and become successful by working for themselves.

For example, my friend Sone is visiting Bangkok this week from Luang Prabang, Laos. He is here to buy things for his bar/restaurant, saying that things are less expensive here than in Laos. I was a little surprised by this, but I guess it makes sense. Laos has no industries to speak of, so restaurant supplies would have to be shipped in from some other Asian country (China or Thailand). So by visiting Thailand himself, Sone can cut out the middleman. Not to mention he gets to vacation in a fun city. Smart man!



Comments
Posted by: Beth on February 27, 2003 12:48 AM

So Thailand is a capitalistic society?? Which is more common . . . 1) agrarian means to entrepreneurial ventures, or 2) technology, or 3) industry??? i.e. dress makers, or textile manufacturers?

Why don't you jump on the "start your own business" train? And if you did do just this, what would you develop business-wise?

Are the entrepreneurs typically products of higher education? Or middle-lower class workers? Or a combination thereof. Which is more successful, from your standpoint, if in fact there is a combination.

Love you!!

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