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re: How did Indians corner the market on quick shops and many hotels?

Posted on 1/22/18 at 12:08 pm to
Posted by zatetic
Member since Nov 2015
5677 posts
Posted on 1/22/18 at 12:08 pm to
quote:

Tax breaks


Yeah. I've read there's a lot of minority tax breaks/financing options that makes being profitable a lot easier.
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
5515 posts
Posted on 1/22/18 at 12:14 pm to
Don’t forget subway
Posted by keakar
Member since Jan 2017
29998 posts
Posted on 1/22/18 at 12:17 pm to
hard work for very low profit, they were the most willing demographic willing to do that
Posted by Titus Pullo
MTDGA
Member since Feb 2011
28567 posts
Posted on 1/22/18 at 12:18 pm to
American kids grow up dreaming of playong pro sports or going to college and being a CEO.

Indian kids growup dreamning of being a brain surgeon or owning a hotel or 7/11??
This post was edited on 1/22/18 at 12:54 pm
Posted by Jason in BR LA
Dutchtown
Member since Feb 2012
133 posts
Posted on 1/22/18 at 12:21 pm to
I have friends that are from india and they do it by no interest loans from family here who own similar businesses, 16 hour workdays and alot of times living at the hotel and even in the back of the convenience store.
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83359 posts
Posted on 1/22/18 at 12:25 pm to
Posted by LaBR4
Baton Rouge
Member since Sep 2005
50749 posts
Posted on 1/22/18 at 12:28 pm to
The Patels have all of the Hampton Inns
Posted by KSLSUFan
Member since Sep 2017
63 posts
Posted on 1/22/18 at 12:36 pm to
I was reading Sam Zells book and he talked about how indians own a bunch of hotels. It was pretty interesting actually. They buy really shitty hotels in shitty areas, move their family into it, fix everything themselves, make sure things are nice, keep it full, make money, save as much money as possible, their families see its a good business practice and get into it as well. Its the same with the jews, their family members are in real estate so they get into it, they own all the real estate, if your family member is a welder, youre more likely to get a job as a welder, so it just begins to snow ball with other family members until you all have truck nuts hanging from your f250's and life is good
Posted by The Torch
DFW The Dub
Member since Aug 2014
19266 posts
Posted on 1/22/18 at 12:52 pm to
Let Patel You
Posted by lsu13lsu
Member since Jan 2008
11480 posts
Posted on 1/22/18 at 1:04 pm to
They are willing to work there 24/7 and live in the back allowing them to beat out any other competitors. If you are not willing to do those two things I wouldn't compete against them.
This post was edited on 1/22/18 at 1:04 pm
Posted by BoardReader
Arkansas
Member since Dec 2007
6928 posts
Posted on 1/22/18 at 1:04 pm to
quote:

Last man to stand in their way was General Custer.


I thought it was the President of Union Carbide.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
51379 posts
Posted on 1/22/18 at 1:05 pm to
They run drugs through the convenience stores.
Posted by skullhawk
My house
Member since Nov 2007
23015 posts
Posted on 1/22/18 at 1:05 pm to
It comes down to hard work and low return. Most Americans would laugh at the return compared to hours worked. Now it's just become a family business. They raise their kids in these stores/hotels so the kids know the business backwards and forwards. The process repeats itself.
Posted by trillhog
Elite Membership
Member since Jul 2011
19407 posts
Posted on 1/22/18 at 1:06 pm to
same way blacks cornered the waist trainer and hair weave market.
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10913 posts
Posted on 1/22/18 at 1:08 pm to
They work 24/7 and run a tight ship.

An Indian once told me that Northern Indians are the engineers and math whizzes. The Southern Indians are the 7-11 and franchisee types.

Or maybe it's the reverse. Anyway, I found that interesting.
This post was edited on 1/22/18 at 1:09 pm
Posted by TH03
Mogadishu
Member since Dec 2008
171036 posts
Posted on 1/22/18 at 1:11 pm to
quote:

A Patel Motel Cartel?



Let's see that headline in today's world
Posted by TH03
Mogadishu
Member since Dec 2008
171036 posts
Posted on 1/22/18 at 1:12 pm to
quote:

same way blacks cornered the waist trainer and hair weave market.


Same way trillhog corners chicks.
Posted by Supermoto Tiger
Baton Rouge
Member since Dec 2010
9927 posts
Posted on 1/22/18 at 1:12 pm to
quote:

The Patels have all of the Hampton Inns

They have a lot more flag hotels than just Hampton Inns. They run a good company and I’m friends with some of them.
Posted by iPadThai
Member since Oct 2011
1035 posts
Posted on 1/22/18 at 1:26 pm to
quote:

An Indian once told me that Northern Indians are the engineers and math whizzes.

The Southern Indians are the 7-11 and franchisee types. Or maybe it's the reverse. Anyway, I found that interesting.

It's the reverse actually. Most hotels are owned by Patels and Singhs who come from the North West and Northern regions of India.

BTW, most Indian restaurants in America serve North Indian cuisine. Food from South India is quite different and not many restaurants here serve that.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 1/22/18 at 1:27 pm to
Because they are willing to do what it takes to make a low profit margin business work.

You know what happens when the Indian hotel owner becomes profitable? 6 series? Sl? Bigger house? Nope. His family keeps staying in the duplex made out of rooms 223 and 224. Next thing you know, he has a second and third hotel.

Also, it helps the Arab store owner to not be tied down to this country. General liawho? Payrowho? Sales tawho? If shite goes bad, he's Saif in Dallas instead of Ahmed in Nola.
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