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Re: Business models
[Re: imadeerhntr]
#4021812
11/22/23 06:47 AM
11/22/23 06:47 AM
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Joined: Dec 2013
Posts: 22,700 Lickskillet, AL
Irishguy
a.k.a. Dingle Johnson
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a.k.a. Dingle Johnson
Joined: Dec 2013
Posts: 22,700
Lickskillet, AL
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I think plenty of Americans still own stores like that. Regarding the Indian thing, a lot of it has to do with the caste system in India, that is somewhat being brought over here with them. The folks that you see running those businesses are the (Stay with me here) "Businessman class", which is below the "Warrior" class, which is below the "Brahmin" class. The folks in the "Businessman class" are basically limited careerwise in India to (stay with me here again ) to running businesses. So that's basically all they know how to do. The last name Patel is very common among the Businessman class. Shocker I know. Being in the engineering side of things I work with a lot of these folks. In the US you will see a lot of Businessman class folks breaking the glass ceiling and becoming Doctors and Engineers. Which in India are mostly limited to the Brahmin class of folks. There are exceptions to all of that, but that's basically how and why it works that way. It would be like a bunch of American plumbers moving to Australia and becoming plumbers over there, and all the Australians would be asking, "Why so many American plumbers here, is that all they know how to do?"
Last edited by Irishguy; 11/22/23 06:47 AM.
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Re: Business models
[Re: imadeerhntr]
#4021829
11/22/23 07:29 AM
11/22/23 07:29 AM
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Joined: Dec 2002
Posts: 11,375 Kennedy, al
globe
Booner
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Booner
Joined: Dec 2002
Posts: 11,375
Kennedy, al
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I’ve always heard Indians get tax free $ for 7 years and then they give/sell it to a family member and do it for another 7.
Everything woke turns to shucks
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Re: Business models
[Re: imadeerhntr]
#4021833
11/22/23 07:32 AM
11/22/23 07:32 AM
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Joined: Dec 2016
Posts: 10,445 northport
deadeye48
Booner
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Booner
Joined: Dec 2016
Posts: 10,445
northport
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Government subsidies in action is what you’re seeing Go open a convenience store and ask for government help and see what happens
When I need expert advice I tend to talk to myself The older I get the better I used to be
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Re: Business models
[Re: Paint Rock 00]
#4021844
11/22/23 07:52 AM
11/22/23 07:52 AM
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Joined: Aug 2001
Posts: 64,145 Luverne, AL
Skinny
GUVNER
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GUVNER
Joined: Aug 2001
Posts: 64,145
Luverne, AL
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They’re not worried about making money. They have it when they started. What Irish guy said and this right here. They do not care if one hotel or convenience store does not make money or if a bunch of them do not make money, they only care about breaking even across all of them as a group. The Chinese and Mexicans do the same with their restaurant chain stores. (If you dont think they are chains then why do they all have the same food and same menu). The difference is that with the Indians its a very large family business. If Uncle Rajesh can't make a store work then Cousin Rajesh and his 5 children can make it work. So Cousin Rajesh and his family come over from India and do their thing. The Caste gets their cut which gets evenly distributed across the other stores and hotels to keep everybody just barely on the black side of the profit line. Low profit margin = low tax burden = less government interference = more freedom. In India, the government only meddles with businesses (just like here), when they start making big money. If one guys's little gas station only makes a profit of $10k a year, the government overlooks it, but the larger family is making big money and none of them are going hungry.
Never Trust Government
"You can be broke but you cant be poor." Ruthie-May Webster
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Re: Business models
[Re: imadeerhntr]
#4021922
11/22/23 09:35 AM
11/22/23 09:35 AM
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Joined: Oct 2009
Posts: 5,718 Henry county
coldtrail
12 point
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12 point
Joined: Oct 2009
Posts: 5,718
Henry county
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There are a few around here. I avoid doing buissness with them There don't put prices on anything. I'm not wasting my time asking for a price. The one time I bought from them they were higher the heck.
"And the days that I keep my gratitude Higher than my expectations Well, I have really good days" Ray Wylie Hubbard
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Re: Business models
[Re: toothdoc]
#4021941
11/22/23 10:12 AM
11/22/23 10:12 AM
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Joined: Dec 2004
Posts: 25,158 Guntersville, AL
IDOT
I am Cornholio
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I am Cornholio
Joined: Dec 2004
Posts: 25,158
Guntersville, AL
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Because they are willing to do it. Yep I do hate it how they don't put paper in the damn gas pumps forcing you to come inside their flea market..aka gas station.
If you’re a common sense person, you probably don’t feel you have a home in this world right now. If you’re a Christian, you know you were never meant to.
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Re: Business models
[Re: IDOT]
#4021948
11/22/23 10:18 AM
11/22/23 10:18 AM
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Joined: Feb 2015
Posts: 7,217 Meridianville
DryFire
14 point
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14 point
Joined: Feb 2015
Posts: 7,217
Meridianville
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Yep
I do hate it how they don't put paper in the damn gas pumps forcing you to come inside their flea market..aka gas station.
Next time call the owner a "Ba Jo".
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Re: Business models
[Re: imadeerhntr]
#4022027
11/22/23 12:07 PM
11/22/23 12:07 PM
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Joined: Jan 2005
Posts: 14,317 Hoover
Fattyfireplug
Booner
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Booner
Joined: Jan 2005
Posts: 14,317
Hoover
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Government minority preference grants and loans.
Character is not developed in moments of temptation and trial. That is when it is intended to be used.
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Re: Business models
[Re: Fatherof2]
#4022036
11/22/23 12:24 PM
11/22/23 12:24 PM
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Joined: Oct 2013
Posts: 3,230 Semmes, AL
HippieKiller
10 point
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10 point
Joined: Oct 2013
Posts: 3,230
Semmes, AL
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I have an Indian “friend” that owns and runs a convenience store. Either he or a combination of he and his wife are there everyday from appx 6:45 am to 9:15 pm. Personally I don’t have anyone in my inner circle who would be willing to keep that schedule even if they did have the financing. If you are willing to work it yourself, you can save more than just the payroll. In an industry with relatively tight profit margins, this is THE difference maker.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." - Thomas Jefferson
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Re: Business models
[Re: Fattyfireplug]
#4022037
11/22/23 12:24 PM
11/22/23 12:24 PM
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Joined: Nov 2011
Posts: 1,972 Alabama
bama_earl
8 point
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8 point
Joined: Nov 2011
Posts: 1,972
Alabama
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Government minority preference grants and loans. I disagree. They work harder than American owners. That's why they are successful.
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Re: Business models
[Re: imadeerhntr]
#4022068
11/22/23 12:59 PM
11/22/23 12:59 PM
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Joined: Jan 2005
Posts: 23,934 Clarksville, TN /Greenville, ...
bill
Freak of Nature
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Freak of Nature
Joined: Jan 2005
Posts: 23,934
Clarksville, TN /Greenville, ...
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I refuse to process credit cards for them. Not exaggerating when I say they aren't happy unless they believe you are losing money. I understand tough negotiating but I'm not trying to take advantage of anyone and I'm not going to be taken advantage of. I'd rather deal with any other ethnicity before I'd deal with Indian, Pakistani or Afghans. Patel was simply a surname that meant Village Leader and later became common with shop owners and retailers.
"Political debate: when charlatans come together to discuss their principles" - Bauvard
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Re: Business models
[Re: bama_earl]
#4022283
11/22/23 05:07 PM
11/22/23 05:07 PM
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Joined: Jan 2005
Posts: 14,317 Hoover
Fattyfireplug
Booner
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Booner
Joined: Jan 2005
Posts: 14,317
Hoover
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Government minority preference grants and loans. I disagree. They work harder than American owners. That's why they are successful. I won't argue with you about their hard work. Nothing to argue. But I also have met quite a few as clients and have discussed those very loans and grants and they most certainly do exist. That leg up over the average American is why there is a difference in success.
Character is not developed in moments of temptation and trial. That is when it is intended to be used.
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