Does it cost $50k to start a business in Philippines? LOL
Posted: December 29th, 2014, 11:22 am
Why do white American guys always exaggerate and inflate numbers in every way - costs, expenses, income, accomplishments, etc? I'm so sick and tired of 90+ percent of them doing that. Even white guys who are my friends here do that. Here is a funny example:
Sean, our friend behind LovePrivateEye.com and known in the forum as username "air_king", told me and Rock that he spent $50,000 USD setting up his tiny little Mei Mei bubble tea food stall in Angeles City. Rock gave him the benefit of the doubt, even though it's obviously bullshit, because he sympathizes with white guys who inflate numbers and exaggerate, since he does it himself sometimes.
If it costs $50,000 USD to set up a tiny little food stall business in the Philippines, a country where the average wage is $7 a day, then no one would set up a business there. Common sense. Come on now. Duh. That figure is totally implausible.
Sean claimed he had to pay bribes and import lots of supplies from Taiwan to set up his bubble tea shop. However, that still does NOT equal anywhere near 50k. Think about it. Filipinos told me that to open a small business in Philippines, even just a food stall, costs about $1,000 to start up. Then you add the supplies, rent of the stall, licensing fees, etc. Now, if Sean had to pay bribes, they would be about a few hundred dollars. Maybe even a thousand dollars. Bribes in the Philippines are nowhere near what he claims. And his supplies consist of sugar and flavoring powder or syrup used to make bubble tea, along with plastic cups and blender machines. Come on now. That doesn't cost much to buy or ship. Get real man.
At most, all of that should cost UNDER $3,000 USD. But not anywhere near $50,000. So his numbers are off by $47,000 USD. I can't believe that Rock would fall for that and think it's plausible. WTF is Rock smoking? It seems that because Rock is a white guy who LOVES to hype and inflate numbers, cause it's in his blood, that he sympathizes with other white guys who do that too and so gives them the benefit of the doubt. Seeing hyped numbers somehow titillates and arouses Rock. LOL
Now, I don't know why a white guy would inflate his expenses. After all, I get pride out of saying that I spent LESS, not more, and in talking about how much money I saved. So I don't know why white guys would brag about how much they spent and want to inflate that. It's not logical or rational at all. So I don't know. I guess white guys are friggin WEIRD. I can't explain it. But most white guys do that for sure. I don't know why. No offense to anyone here. Just calling a spade a spade.
Moreover, here's the KICKER: Sean and his girlfriend who ran the bubble tea stand with him told me that he was only paying his employee 150p a day to run the place, which is about $3 or $4 dollars a day!!!!!!!! NO FRIGGIN WAY MAN!!!!!!!!! That's not even the minimum wage which is 300p or 7 dollars!!!!!!! It's about HALF the minimum wage in the Philippines!!!!!!!! WTF man???????
Think about it everyone. If a man invested $50,000 to start up a little business, would he then hire workers at 3 dollars a day to run it, thus getting the lowest quality workers who constantly quit after payday and then have to rehire and retrain new workers all the time? LOL. Yeah right. What a joke!
THINK about it. If you were smart enough to have saved up a big sum like 50,000 dollars to invest in a business (which most western guys don't even have in capital), then how could you be dumb enough to only hire workers to run it at 3 dollars a day (which is HALF the minimum wage in the Philippines) and get the shittiest workers who constantly quit because they get paid so little? That's gotta be the dumbest and most implausible thing I ever heard. No one would shoot themselves in the foot like that or self-sabotage their own business like that! Get real.
Yet Rock never applied critical thinking to such a simple thing, because he LOVES to inflate numbers and he loves people who do that too, so he wants to believe them, because BIG NUMBERS titillate and arouse guys like Rock. LOL It's in his blood it seems. LOL
I could not understand why Sean would only pay his workers 3 bucks a day, which was far less than minimum wage. Sheesh. He must be the most stingy guy on the planet. He would make Scrooge from "A Christmas Carol" look generous. LOL. It's also common sense that if you pay that low, you will only get the lowest quality workers, or nothing at all. And that's exactly what happened! Sean had trouble finding workers who would work all day for 3 dollars a day (150p). He complained that no one wanted to work for him cause they were all lazy. Yet he could not see the obvious folly of his ways. And when he found a few workers, they would all quit after a week or so.
I tried to explain this to Sean recently, but he lost his temper on me and called me abusive, just because I told him the obvious truth which any sane person of basic intelligence could see. Apparently, he sucks at logic and hates the truth, even when it's obvious. Very weird. But then again, Angeles City and the Philippines attracts a lot of weird guys who don't make any sense.
Sean eventually lost his bubble tea business though, several years ago, when his girlfriend betrayed him (or so he claims) by filing false abuse charges on him which forced him to close up his bubble tea shop and leave the country for a while. He also claimed that Philippines officials were trying to make him pay more bribes because he was a foreigner. However, I've met his girlfriend at the bubble tea stall many times, and she seemed very nice, sincere, and down-to-earth, like a good person, possibly even a gem. She was very humble too. I can't imagine that she would file false abuse charges against him. But I don't know how truthful his claims are either. It's a case of his word against hers.
However, Sean has recently reopened his Taiwanese bubble tea shop again in the Philippines, but this time in another town called Batangas. Here is his website and Facebook fan page about his new Mei Mei Bubble Tea location:
http://www.meimeibubbletea.com
https://www.facebook.com/MeiMeiBubbleTea
Sean's facebook fan page above has some photos of his new stall and of himself, which you can see here:
https://www.facebook.com/MeiMeiBubbleTe ... e_internal
What do you think? Do you think he spent another $50,000 USD to open his bubble tea stall again? LOL. Right.
Hope he does better this time though.
No offense to white guys in general. But that's my experience. Over 90 percent of them I've met will exaggerate every number in their life, not just income or scores, but also their expenses. I don't know why they always do that, but they do. The vast majority of them do at least.
Sean, our friend behind LovePrivateEye.com and known in the forum as username "air_king", told me and Rock that he spent $50,000 USD setting up his tiny little Mei Mei bubble tea food stall in Angeles City. Rock gave him the benefit of the doubt, even though it's obviously bullshit, because he sympathizes with white guys who inflate numbers and exaggerate, since he does it himself sometimes.
If it costs $50,000 USD to set up a tiny little food stall business in the Philippines, a country where the average wage is $7 a day, then no one would set up a business there. Common sense. Come on now. Duh. That figure is totally implausible.
Sean claimed he had to pay bribes and import lots of supplies from Taiwan to set up his bubble tea shop. However, that still does NOT equal anywhere near 50k. Think about it. Filipinos told me that to open a small business in Philippines, even just a food stall, costs about $1,000 to start up. Then you add the supplies, rent of the stall, licensing fees, etc. Now, if Sean had to pay bribes, they would be about a few hundred dollars. Maybe even a thousand dollars. Bribes in the Philippines are nowhere near what he claims. And his supplies consist of sugar and flavoring powder or syrup used to make bubble tea, along with plastic cups and blender machines. Come on now. That doesn't cost much to buy or ship. Get real man.
At most, all of that should cost UNDER $3,000 USD. But not anywhere near $50,000. So his numbers are off by $47,000 USD. I can't believe that Rock would fall for that and think it's plausible. WTF is Rock smoking? It seems that because Rock is a white guy who LOVES to hype and inflate numbers, cause it's in his blood, that he sympathizes with other white guys who do that too and so gives them the benefit of the doubt. Seeing hyped numbers somehow titillates and arouses Rock. LOL
Now, I don't know why a white guy would inflate his expenses. After all, I get pride out of saying that I spent LESS, not more, and in talking about how much money I saved. So I don't know why white guys would brag about how much they spent and want to inflate that. It's not logical or rational at all. So I don't know. I guess white guys are friggin WEIRD. I can't explain it. But most white guys do that for sure. I don't know why. No offense to anyone here. Just calling a spade a spade.
Moreover, here's the KICKER: Sean and his girlfriend who ran the bubble tea stand with him told me that he was only paying his employee 150p a day to run the place, which is about $3 or $4 dollars a day!!!!!!!! NO FRIGGIN WAY MAN!!!!!!!!! That's not even the minimum wage which is 300p or 7 dollars!!!!!!! It's about HALF the minimum wage in the Philippines!!!!!!!! WTF man???????
Think about it everyone. If a man invested $50,000 to start up a little business, would he then hire workers at 3 dollars a day to run it, thus getting the lowest quality workers who constantly quit after payday and then have to rehire and retrain new workers all the time? LOL. Yeah right. What a joke!
THINK about it. If you were smart enough to have saved up a big sum like 50,000 dollars to invest in a business (which most western guys don't even have in capital), then how could you be dumb enough to only hire workers to run it at 3 dollars a day (which is HALF the minimum wage in the Philippines) and get the shittiest workers who constantly quit because they get paid so little? That's gotta be the dumbest and most implausible thing I ever heard. No one would shoot themselves in the foot like that or self-sabotage their own business like that! Get real.
Yet Rock never applied critical thinking to such a simple thing, because he LOVES to inflate numbers and he loves people who do that too, so he wants to believe them, because BIG NUMBERS titillate and arouse guys like Rock. LOL It's in his blood it seems. LOL
I could not understand why Sean would only pay his workers 3 bucks a day, which was far less than minimum wage. Sheesh. He must be the most stingy guy on the planet. He would make Scrooge from "A Christmas Carol" look generous. LOL. It's also common sense that if you pay that low, you will only get the lowest quality workers, or nothing at all. And that's exactly what happened! Sean had trouble finding workers who would work all day for 3 dollars a day (150p). He complained that no one wanted to work for him cause they were all lazy. Yet he could not see the obvious folly of his ways. And when he found a few workers, they would all quit after a week or so.
I tried to explain this to Sean recently, but he lost his temper on me and called me abusive, just because I told him the obvious truth which any sane person of basic intelligence could see. Apparently, he sucks at logic and hates the truth, even when it's obvious. Very weird. But then again, Angeles City and the Philippines attracts a lot of weird guys who don't make any sense.
Sean eventually lost his bubble tea business though, several years ago, when his girlfriend betrayed him (or so he claims) by filing false abuse charges on him which forced him to close up his bubble tea shop and leave the country for a while. He also claimed that Philippines officials were trying to make him pay more bribes because he was a foreigner. However, I've met his girlfriend at the bubble tea stall many times, and she seemed very nice, sincere, and down-to-earth, like a good person, possibly even a gem. She was very humble too. I can't imagine that she would file false abuse charges against him. But I don't know how truthful his claims are either. It's a case of his word against hers.
However, Sean has recently reopened his Taiwanese bubble tea shop again in the Philippines, but this time in another town called Batangas. Here is his website and Facebook fan page about his new Mei Mei Bubble Tea location:
http://www.meimeibubbletea.com
https://www.facebook.com/MeiMeiBubbleTea
Sean's facebook fan page above has some photos of his new stall and of himself, which you can see here:
https://www.facebook.com/MeiMeiBubbleTe ... e_internal
What do you think? Do you think he spent another $50,000 USD to open his bubble tea stall again? LOL. Right.
Hope he does better this time though.
No offense to white guys in general. But that's my experience. Over 90 percent of them I've met will exaggerate every number in their life, not just income or scores, but also their expenses. I don't know why they always do that, but they do. The vast majority of them do at least.