Posted by: newStudent January 19, 2011
Login in to Rate this Post:
0 
? 
?
What bothers me is this type of general statement.
Kalopani, for example, writes
"if you don't have rich and i mean filty rich say 6 ropanis land inside ktm and at least 10 carore in capital don't even thnink you are going to strive in Nepal just with ideas"
Obviously, Kalopani is not telling us what type of business needs 6 ropanis of land (which is about 20 karod rupees). Because he doesn't have to go into specifics. I knew this guy, Ichha Raj Tamang, came from remote district, and started a housing business and is now a billionaire. The owner of Bhatbhateni mall, Min Bahadur Gurung, too came from remote district and became almost billionaire. It is not easy to succeed in Nepal, I agree, but there are tons of people with new ideas who have worked hard to succeed, and in succeeding, not only did they make money for themselves, they also changed the way we live in KTM.
Kalopani also blames bank interest rate. Two years ago, banks were running to find people with ideas and interest rate was low. If interest rate is high today, then it must be because there are a lot of lucrative sectors. This is simple 'demand and supply' thing.
And try getting cheap loans in US now. It is not like before financial crisis.
A few Nepali in the town I am living now wanted to start a restaurant. I was shocked to find the kind of redtape they had to go through. They had to shell out almost 80,000 dollars to fulfill city regulations. I asked the city govt councilman why so many rules were there for small business. They were supposed to be business-friendly to small wannabe businessmen. There were so many regulations it took the guys almost 7 month to open a restaurant.
At the end of the day, if your goal is to find fault, sure you will find such faults everywhere. People can bitch all the way to their grave. I have seen people with negative attitude,who always complain how others came in the way of their progress, and I am sure those people will be complaining in front of god too.:)
===
Every time I go home, I find some old people crying out for their son. One example is particularly striking. The father had actually studied in the states in 70s and went back to teach in TU. He had three houses in KTM, netting about 70,000 Rupees in rent (not very big houses). Their only son was a postdoc here (with STEM degree) in a midwest state. When he came, he was very unhappy with the life of his son. The daughter--in-law was working in a convenient store. Forty years ago, he was studying in the coastal region, with much better life. He asked his son to go to Nepal, but his son refused. He suspected his son was ashamed at his position and was afraid he wouldn't succeed in Nepal and was therefore seeking refuge in middle of nowhere midwest state. He didn't say anything to his son, not to hurt his feeling, but he was very disappointed at his son. He had really stopped going around to raise rent in his house (where mostly students from outside districts live). In Nepal, you can find a lot of fathers in such situation.
Kalopani, for example, writes
"if you don't have rich and i mean filty rich say 6 ropanis land inside ktm and at least 10 carore in capital don't even thnink you are going to strive in Nepal just with ideas"
Obviously, Kalopani is not telling us what type of business needs 6 ropanis of land (which is about 20 karod rupees). Because he doesn't have to go into specifics. I knew this guy, Ichha Raj Tamang, came from remote district, and started a housing business and is now a billionaire. The owner of Bhatbhateni mall, Min Bahadur Gurung, too came from remote district and became almost billionaire. It is not easy to succeed in Nepal, I agree, but there are tons of people with new ideas who have worked hard to succeed, and in succeeding, not only did they make money for themselves, they also changed the way we live in KTM.
Kalopani also blames bank interest rate. Two years ago, banks were running to find people with ideas and interest rate was low. If interest rate is high today, then it must be because there are a lot of lucrative sectors. This is simple 'demand and supply' thing.
And try getting cheap loans in US now. It is not like before financial crisis.
A few Nepali in the town I am living now wanted to start a restaurant. I was shocked to find the kind of redtape they had to go through. They had to shell out almost 80,000 dollars to fulfill city regulations. I asked the city govt councilman why so many rules were there for small business. They were supposed to be business-friendly to small wannabe businessmen. There were so many regulations it took the guys almost 7 month to open a restaurant.
At the end of the day, if your goal is to find fault, sure you will find such faults everywhere. People can bitch all the way to their grave. I have seen people with negative attitude,who always complain how others came in the way of their progress, and I am sure those people will be complaining in front of god too.:)
===
Every time I go home, I find some old people crying out for their son. One example is particularly striking. The father had actually studied in the states in 70s and went back to teach in TU. He had three houses in KTM, netting about 70,000 Rupees in rent (not very big houses). Their only son was a postdoc here (with STEM degree) in a midwest state. When he came, he was very unhappy with the life of his son. The daughter--in-law was working in a convenient store. Forty years ago, he was studying in the coastal region, with much better life. He asked his son to go to Nepal, but his son refused. He suspected his son was ashamed at his position and was afraid he wouldn't succeed in Nepal and was therefore seeking refuge in middle of nowhere midwest state. He didn't say anything to his son, not to hurt his feeling, but he was very disappointed at his son. He had really stopped going around to raise rent in his house (where mostly students from outside districts live). In Nepal, you can find a lot of fathers in such situation.