[Sammy]

For the guys on here who like China, I thought these two articles might be of interest:

Analysis of the private jet market.

Discussion of private clubs in Beijing.

Both from Jing Daily, a blog I recommend if China is your thing.

[OSL]

Good stuff, thanks Sammy.

Are you a Sinophile as well?

Man, reading about this makes me want to drive a niche in the luxury green yachts market in Asia even more. All that new money, the Asian vanity and need to flaunt it, and those thousands of miles of coastline stretching from Korea to Indonesia....

Anybody else here have maritime experience of some sort? I've spoken a couple of you already.

[OSL]

I've posted this before, and it's specific to Vietnam and not China, but it's luxury yachts:

http://www.youtube.com/watch?v=igu5G8rle3Q

At the beginning of the episode, Theo, the British VC, asks the two Vietnamese yacht dealers if they are "mad" for starting a venture to broker yachts to Vietnam's elites. I love their response about whether Theo would rather lead from the front or follow the crowd. In emerging Asia, you gotta drive a niche where nothing exists.

What's more important though, is that it seems they actually pull through on their promise. I'm sure that they pulled all kinds of government strings to get a marina thrown together in an outrageously short period of time so that they could save face on BBC. It just goes to show, though, that sometimes it's advantageous to be operating in an emerging Communist/Capitalist economy. If they tried to build a marina out of nothing in a place like the UK or the US it would never happen.

Sometimes you just need to be in the right place at the right time and have the right contacts.

I love how some of the guys I've consulted in Beijing, Shanghai, and Seoul went from State School Nobodies to project manager status in a period of 2-8 months, while ivy league douchebags I went to school with are still slaving away as junior analysts in NYC - glad to even be employed. Being happy to be someone's slave is an unacceptable life option in my opinion. These career hackers in Asia have become big swinging dicks by being in the right place at the right time.

When I go to Saigon I'm going to cold call Fairline and other associated groups and see if I can get in touch with these two Vietnamese broker-dealers and grill them about luxury maritime transportation potential in SE Asia.

Opportunities multiply as they are seized.

[sir_seducer]

good stuff.

[OSL]

http://www.chinadaily.com.cn/hkedition/2...697454.htm

[Vacancier Permanent]

This luxury market in SEA is looking more and more promising....
Yes the potential is huge and it's easier to make contacts there and get things done there than in the West, but how about the need to have a considerable capital to start in any of these ventures? My guestimates would be that at least 250k to 500k would be required to get in. What are your thoughts on that aspect of the equation?

[Sammy]

(06-25-2011 03:58 AM)youngmobileglobal Wrote:  

Good stuff, thanks Sammy.

Are you a Sinophile as well?

Man, reading about this makes me want to drive a niche in the luxury green yachts market in Asia even more. All that new money, the Asian vanity and need to flaunt it, and those thousands of miles of coastline stretching from Korea to Indonesia....

Anybody else here have maritime experience of some sort? I've spoken a couple of you already.

Spent the last six months teaching English at a school in China. I'm... not as impressed with China as the next world power as everyone else seems to be. A lot of problems that I don't think is that easily fixed. And these problems do seem to be being completely ignored by most.

For what it's worth, I read somewhere (I think Zero Hedge) that there's a massive wealth drain going on, as the richest 0.1% of China are heading out of the country. So you may be able to tap in to the China Luxury market without having to be in China.

I'd love to know why you are so "bullish" on China. (I hate that word). You posted about how you'd rather lead from the front, rather than follow the crowd. Surely China is the new crowd?

[OSL]

I'm not necessarily "bullish" (also dislike that word) on China - it is true that this country has massive problems. They will continue to rapidly expand economically but I don't think they will reach superpower status in the same sense that the US has. There are very few countries that strive to be like China specifically.

The things I find attractive about China are that they will undoubtedly have the largest consumer market in the world and the outrageously fast rate at which young professionals can gain access to opportunities and career advancement. That is it. The scope of my discussions about China have been about these two topics specifically.

When I said "lead from the front" I referenced it specifically in the context of Vietnam. Please read what I said again. I may have not been clear enough while writing that.

I'm aware that the China story is here and now and no longer a hidden gem. I've never (intentionally) presented China as some hidden gem - rather, I've made it clear from my own story and that of other individuals I know that this is a place where incredible stories are happening NOW.

I am aware of and acknowledge that China is no longer a place to be a frontier market pioneer. I apologize if I didn't make that clear earlier. If you want to be a pioneer, go to Cambodia, Burma, Indonesia, Vietnam, Africa.

You can still do amazing things in China, but you will not be the first to do so.


I like my message to be crystal clear and I try to contribute with a strong level of honesty and integrity. If something seems inconsistent, please do not hesitate to let me know.

[OSL]

(06-25-2011 10:10 AM)Vacancier Permanent Wrote:  

This luxury market in SEA is looking more and more promising....
Yes the potential is huge and it's easier to make contacts there and get things done there than in the West, but how about the need to have a considerable capital to start in any of these ventures? My guestimates would be that at least 250k to 500k would be required to get in. What are your thoughts on that aspect of the equation?

I think it really depends on your role in the whole process. If you want to build a factory and manufacture this stuff for domestic/international consumption, then yes heavy upfront investment.

[pitt]

Youngmobile damn..im loving how you understand the concept opportunities multiply as they are seized..only the wise can understand that.

Man you really need to come on skype, you never online.

[OSL]

lol I dont think I deserve that much credit, I'm just a dude in Asia who hates human resources personnel and became OCD about sneaking past them.

If I can help some people out along the way, great.

I'm on skype but invisible and always distracted by work and rooshvforum. I'll hit you up when I see you.

[pitt]

ok im online now

[OSL]

Hire a White guy:

http://behindthewall.msnbc.msn.com/_news...-white-guy