Wuqi's suggestion is very very good. there's tons of problems to set up this sort of stuff. there will be heaps of disagreement in the end, and a lot of people might not see eye to eye anymore. If's it's for fun , yes but , a such a scale i would say it's damn difficult. workers will be a big problem.
[/QUOTE]The idea is very feasible and really attractive, the only issue is on the division of the responsibility/liability and most importantly the trustworthiness of the individuals here as most of us don't know each other in real life. For those who know me, some commented i am the exact person online as in real life but thats just me. If its for agricultural, you would need to find out how to overcome the shortage of labour. Its very difficult to get labour here these days even if you are willing to pay more. A learned lecturer of mine (bless her soul) wanted to set up one early last year, we went as far as to find out all the stuff required for this but in the end she decided not to.
Even the owner of the land i went to told me its very difficult to find workers to maintain and to harvest. There is also the problem of finding if there are existing squatters, source of water for irrigation, condition of the land/top soil, etc. All these needs to be looked into, its less riskier if one considers something like a wellness village, etc.
Again, i would recommend having a D&B report or a back ground check on all the individuals who are joining in this venture.
Just being able to meet up to meet and discuss this in SG would already discount some characters who cannot come back to SG and act as the first level of filter.
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Like I say right in the begining the biggest problem is to get 50 people to work as a big company towards a common goal Indiviual should just treat it as though buying some peny stock like that. Working principle should be like our MCST like that , Not too worry about trust worthiness of indivisual shareholders , because the Management Committee must be able to come out a trustworth plan to protect the fund , offcourse if Management Committee conspire to run away the money , LL liao !
So most important is who are trustworthy to run the committee , indiviual shareholder {they are like any resident in HH , you can never know who they are , they just pay monthly fees and can make lots of noise } cant run away the money because the money is with the Company mah ! As for everybody wanted to implement their ideas , which is best ideas .... probably will be going though meetings and votes lor , maybe can vote over the internet lar .
Example : To plant a) palm oil b) mangos c) Durians d) Mixed crops
Management Comittee will meet to disscuss and do feasibility study , come out report to tell members everything about option a , b, c, d like pro and cons , profitability , risk ,everything that the comittee found out . Then member can go to the internet and click on their choice mah . End of the day , we should get to know more JB Kaki when we settle down in JB , right ? If the few grands can find you a few good JB Kaki and learn a few new tricks is worth it already . Frankly speaking how much return can we get by investing just a few Ks . There are many Singaporean just walk into MBS and gamble away more money in just few hours lor , but come to buying a JB house or investment like this they become extra Kaisi lor . But I belive people in this forum are different leh ... since we are consider pioneer in JB living liao ! It is unthinkable to 80 percent of Singaporean leh.
BTW ,I am trustworthy to keep your money , but I am lousy to growth your money ... I just know how to put your money in the bank , you want it , I give it back to you ! so dont appoint me , haha ..
BTW , what is Wellness Village ? this option can also be consider lor
How about old folks home ? can or not ?