rd World Shit-Holes --Make huge money and have loads of time off--
05-27-2011, 11:25 AM
Ok, so if you’re like me, you may be hesitant to throw too much money into a chance at making a few bucks online. You made also be worried about depleting your savings...I’m sure you’ve got that nice round number that you swear you’ll keep tucked away (or not).
Are there other options to make money and fund your life abroad? Sure, online poker, male prostitution...shit, I can play poker but I’m not confident enough, or patient enough, to do it for a living; and unfortunately my mom’s part Irish—I curse her, for if she weren’t, I could change my name to Pogo Maplewood (pornstar name; first pet, first street name) and go hunt’n for cougars.
I’m sure there are many alternatives, but allow me to explain the path that I’ve taken; move to a 3rd world shit-hole (3wsh). You’d be amazed at the opportunities in conflict, post-conflict, and developing countries—opportunities to make (not earn) windfall profits, to travel to sweet places outside of the 3wSH for extended periods of time, and to buy businesses for nearly nothing.
Many forget that there are under-developed markets outside the US and other 1st world nations. There's a few reasons for fetching big profits in these places and a few perks. Let me explain.
Profits Exist because Suppliers Don’t
- Many will not live/work in these places because they're worried for their safety. Don’t be afraid by the State Dept website, or CDC, WHO, etc. I’ve had personal relationships with many Regional Security Officers who send the warden messages; they’re over cautious because of the liability. – Read it, be informed, but don’t allow it to discourage you. With commonsense and taking necessary precautions you should be fine. That being said, stay away from Somalia for the near future.
Profits exist because People and Quality doesn’t
-Since there are few who venture to these places, the quality of stuff (and capacity of the people) is usually cheap, bad, or non-existent. Markets and industries are left under-served. Many necessities are imported and marked-up exuberantly. Lack of products, services, technology, and quality. I’ve made money bringing in simple technology security products like RFID guard management, UV-light asset marking, and GPS/GSM tracking units.—All of it sourced online with no prior product knowledge.
Two further examples: Where I current work from, there are four main western style grocers, a pint of Ben & Jerry’s is $17.95 in one store.—My Listerine in one store is $4.95, in the other it’s $8.95; and there’s only one importer/wholesaler of consumer goods in the area, go figure, the stores charge what they want.
I have a friend who came over here as an English teacher; he learned the simple local language in about 2 months which isn’t hard because it’s a limited, non-conjugated vocabulary. He’s landed a great paying job now. People get jobs when they come to these places because the biggest determinate of success from an employer’s point of view, is if you can thrive in what other’s consider a difficult place to live and work.
Profits exist because of corruption
- Look for countries that have IMF, World Bank, UNDP agencies doing development.--Not saying these agencies are corrupt but they tend to be in places where young governments exists. Where young govts exist, money is flooding in from foreign governments for support. Be skeptical of tendering on any government contracts for provision of goods or services-- their procurement sections usually suck and you will have trouble getting paid. Aim for contracts that are funded by foreign governments and AID organizations.
You may be looking at the GDP of a 3wSH and be thinking ‘yeah right, these guys can’t even afford to pay themselves for a happy ending’ but you’d be dead-wrong. You see it all over the place, Lexus SUV’s with dead fish hanging off the back-glass windshield wiper and a dude with a Rolex date-time on the same arm as the that smoking a $1 pack of clove cigarettes. The income disparity is obnoxious, completely disgusting, and you should be there to fight the good fight and sell that corrupt mofo his overpriced stuff so he can go back to being broke again.
Profits can be had by purchasing a business for nothing
Most of these 3wSH’s with foreign government and AID assistance have a good expat community. Consequently, businesses have a low resale value and can be purchased for around 6 months profits or less...this is because many expats come and go; this yells ‘Fire Sale.’ My boss (lucky SOB that he is) picked up a company that was doing $200,000k in revenue, $30k profit, and spent $150,000 + $150,000 in debt obligation.—no shit. After three years I’m remitting $100k profit a month his way.
Though here’s a more probable example:
In our area we have an expat community of about 10,000; it’s highly concentrated in a small area. There is a simple bar/ restaurant that’s basically a hole-in-the-wall. The guy that runs it serves up crap loads of pizza to expats with a simple front-load pizza oven. He does a few other Thai dishes and some beers and spirits. He’s pulling in $35k a month at nearly 50% profit margin. That’s $17,500 profit a month; it recently sold for $80,000 plus $7,000 in stock...I guess it wasn’t that recent, the new owner bought it six months ago and has his initial investment back. I was going to buy it, but since I’m looking to leave soon I didn’t want to be tied down here any longer...and that’s why these businesses are underpriced. We’ll that and the risk of a coup de-e’tat.
And Finally, the girls
Ok, I’m not going to bullshit you. Most of these places have some haggard-looking chicks, and unless you’re willing to pay a dowry for the good looking ones you should adopt what I call a 0-1 scale...or fuck that and get your ass on a plane. I’m not going to lie, even I--who if you asked my friends would say I have way too high standards for my looks—have succumbed to the drunken local scallywag. Though this can all be avoided since you get to fly out and vacation all the time. I take a week to ten days every 1-2 months on average.—No bs. Since these places are considered as difficult postings, your employer will give you generous leave for R&R. It’s not unusual to land 2 weeks on/off or a schedule of that sort. In the meantime, while you’re enduring (perhaps in agony) your time in a 3wSH you can usually relieve those balls of their blueish hue by getting a happy-ending massage from your reputable thai (or other culture) masseuse.
Anyhow, this is my first post on the forum, (or any forum for that matter) I hope it’s worthwhile and informative. I’ll be heading back to the US Nov ’11 with a healthy bit of money in my bank and I’m looking for what’s next...while I plan to spend six months in Latin America with the aim at advancing my Spanish, learning salsa, kitesurfing, and tackling Latinas. – Thinking hard about Cartagena, Colombia. Any thoughts or direction from you all is appreciated. Cheers--
Are there other options to make money and fund your life abroad? Sure, online poker, male prostitution...shit, I can play poker but I’m not confident enough, or patient enough, to do it for a living; and unfortunately my mom’s part Irish—I curse her, for if she weren’t, I could change my name to Pogo Maplewood (pornstar name; first pet, first street name) and go hunt’n for cougars.
I’m sure there are many alternatives, but allow me to explain the path that I’ve taken; move to a 3rd world shit-hole (3wsh). You’d be amazed at the opportunities in conflict, post-conflict, and developing countries—opportunities to make (not earn) windfall profits, to travel to sweet places outside of the 3wSH for extended periods of time, and to buy businesses for nearly nothing.
Many forget that there are under-developed markets outside the US and other 1st world nations. There's a few reasons for fetching big profits in these places and a few perks. Let me explain.
Profits Exist because Suppliers Don’t
- Many will not live/work in these places because they're worried for their safety. Don’t be afraid by the State Dept website, or CDC, WHO, etc. I’ve had personal relationships with many Regional Security Officers who send the warden messages; they’re over cautious because of the liability. – Read it, be informed, but don’t allow it to discourage you. With commonsense and taking necessary precautions you should be fine. That being said, stay away from Somalia for the near future.
Profits exist because People and Quality doesn’t
-Since there are few who venture to these places, the quality of stuff (and capacity of the people) is usually cheap, bad, or non-existent. Markets and industries are left under-served. Many necessities are imported and marked-up exuberantly. Lack of products, services, technology, and quality. I’ve made money bringing in simple technology security products like RFID guard management, UV-light asset marking, and GPS/GSM tracking units.—All of it sourced online with no prior product knowledge.
Two further examples: Where I current work from, there are four main western style grocers, a pint of Ben & Jerry’s is $17.95 in one store.—My Listerine in one store is $4.95, in the other it’s $8.95; and there’s only one importer/wholesaler of consumer goods in the area, go figure, the stores charge what they want.
I have a friend who came over here as an English teacher; he learned the simple local language in about 2 months which isn’t hard because it’s a limited, non-conjugated vocabulary. He’s landed a great paying job now. People get jobs when they come to these places because the biggest determinate of success from an employer’s point of view, is if you can thrive in what other’s consider a difficult place to live and work.
Profits exist because of corruption
- Look for countries that have IMF, World Bank, UNDP agencies doing development.--Not saying these agencies are corrupt but they tend to be in places where young governments exists. Where young govts exist, money is flooding in from foreign governments for support. Be skeptical of tendering on any government contracts for provision of goods or services-- their procurement sections usually suck and you will have trouble getting paid. Aim for contracts that are funded by foreign governments and AID organizations.
You may be looking at the GDP of a 3wSH and be thinking ‘yeah right, these guys can’t even afford to pay themselves for a happy ending’ but you’d be dead-wrong. You see it all over the place, Lexus SUV’s with dead fish hanging off the back-glass windshield wiper and a dude with a Rolex date-time on the same arm as the that smoking a $1 pack of clove cigarettes. The income disparity is obnoxious, completely disgusting, and you should be there to fight the good fight and sell that corrupt mofo his overpriced stuff so he can go back to being broke again.
Profits can be had by purchasing a business for nothing
Most of these 3wSH’s with foreign government and AID assistance have a good expat community. Consequently, businesses have a low resale value and can be purchased for around 6 months profits or less...this is because many expats come and go; this yells ‘Fire Sale.’ My boss (lucky SOB that he is) picked up a company that was doing $200,000k in revenue, $30k profit, and spent $150,000 + $150,000 in debt obligation.—no shit. After three years I’m remitting $100k profit a month his way.
Though here’s a more probable example:
In our area we have an expat community of about 10,000; it’s highly concentrated in a small area. There is a simple bar/ restaurant that’s basically a hole-in-the-wall. The guy that runs it serves up crap loads of pizza to expats with a simple front-load pizza oven. He does a few other Thai dishes and some beers and spirits. He’s pulling in $35k a month at nearly 50% profit margin. That’s $17,500 profit a month; it recently sold for $80,000 plus $7,000 in stock...I guess it wasn’t that recent, the new owner bought it six months ago and has his initial investment back. I was going to buy it, but since I’m looking to leave soon I didn’t want to be tied down here any longer...and that’s why these businesses are underpriced. We’ll that and the risk of a coup de-e’tat.
And Finally, the girls
Ok, I’m not going to bullshit you. Most of these places have some haggard-looking chicks, and unless you’re willing to pay a dowry for the good looking ones you should adopt what I call a 0-1 scale...or fuck that and get your ass on a plane. I’m not going to lie, even I--who if you asked my friends would say I have way too high standards for my looks—have succumbed to the drunken local scallywag. Though this can all be avoided since you get to fly out and vacation all the time. I take a week to ten days every 1-2 months on average.—No bs. Since these places are considered as difficult postings, your employer will give you generous leave for R&R. It’s not unusual to land 2 weeks on/off or a schedule of that sort. In the meantime, while you’re enduring (perhaps in agony) your time in a 3wSH you can usually relieve those balls of their blueish hue by getting a happy-ending massage from your reputable thai (or other culture) masseuse.
Anyhow, this is my first post on the forum, (or any forum for that matter) I hope it’s worthwhile and informative. I’ll be heading back to the US Nov ’11 with a healthy bit of money in my bank and I’m looking for what’s next...while I plan to spend six months in Latin America with the aim at advancing my Spanish, learning salsa, kitesurfing, and tackling Latinas. – Thinking hard about Cartagena, Colombia. Any thoughts or direction from you all is appreciated. Cheers--
GameAbroad
