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Posted on 1/22/18 at 12:17 pm to weagle99
hard work for very low profit, they were the most willing demographic willing to do that
Posted on 1/22/18 at 12:18 pm to weagle99
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??
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 on 1/22/18 at 12:21 pm to weagle99
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 on 1/22/18 at 12:28 pm to zatetic
The Patels have all of the Hampton Inns
Posted on 1/22/18 at 12:36 pm to LaBR4
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 on 1/22/18 at 1:04 pm to weagle99
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 on 1/22/18 at 1:04 pm to The Torch
quote:
Last man to stand in their way was General Custer.
I thought it was the President of Union Carbide.
Posted on 1/22/18 at 1:05 pm to Ole War Skule
They run drugs through the convenience stores.
Posted on 1/22/18 at 1:05 pm to weagle99
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 on 1/22/18 at 1:06 pm to weagle99
same way blacks cornered the waist trainer and hair weave market.
Posted on 1/22/18 at 1:08 pm to weagle99
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.
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 on 1/22/18 at 1:11 pm to Ole War Skule
quote:
A Patel Motel Cartel?
Let's see that headline in today's world
Posted on 1/22/18 at 1:12 pm to trillhog
quote:
same way blacks cornered the waist trainer and hair weave market.
Same way trillhog corners chicks.
Posted on 1/22/18 at 1:12 pm to LaBR4
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 on 1/22/18 at 1:26 pm to TejasHorn
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 on 1/22/18 at 1:27 pm to weagle99
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.
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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