My neighbour son wants to open F&B business but their parents ask him to 躺平

[ChopSengHuat]

His parents reasons is that his f and business will sure bankrupt due to high rental.

So it is better for their son to rest at home at do nothing.

Cost of resting at home and do nothing is actually lower than f and b rental cost


Do you think his parents reasons are ok ?

 

[k1976]

Good parents

老子赚钱，儿子花

 

[ChopSengHuat]

Good parents

老子赚钱，儿子花

I think their reasons are valid
Rest at home: cost is $2000

Rental is $8000

Which is cheaper ?

 

[bobby]

In SG when Sinkies say F&B business …it means hawker centre stall

 

[k1976]

In SG when Sinkies say F&B business …it means hawker centre stall

Hawker is a UNESCO endorsed Human Culture Relic Lai de woh

 

[congo9]

I think their reasons are valid
Rest at home: cost is $2000

Rental is $8000

Which is cheaper ?

Yes, rest at home give him 5k spend and that it.
Give him money open F&B is a monthly expenses + labor costs + unending bills

 

[ChopSengHuat]

Yes, rest at home give him 5k spend and that it.
Give him money open F&B is a monthly expenses + labor costs + unending bills

More businesses will go bankrupt next year once Train to Jaybee is operating at full capacity

 

[VanDick]

His parents reasons is that his f and business will sure bankrupt due to high rental.

So it is better for their son to rest at home at do nothing.

Cost of resting at home and do nothing is actually lower than f and b rental cost


Do you think his parents reasons are ok ?

How old is the son?

 

[laksaboy]

Fuck&Blow business can definitely be successful.

 

[ChopSengHuat]

How old is the son?

I think 23
Graduated from NUS with mathematics and computer science degree hons

 

[VanDick]

I think 23
Graduated from NUS with mathematics and computer science degree hons

In that case, I think its better for him to be a private tutor teaching Math rather than burn $8K every month.

 

[bobby]

Open F&B in SG if you charge too high customers will fuck you and slap you and on-line you

 

[Sustanon]

Take the money put into VOO, lie flat, watch hamsters, you get a much better return on investment over time without wasting time, energy, agony, etc....

 

[congo9]

Think he should go join civil service. It's the only safe haven cos they need not compete with FT.

 

[Sustanon]

Think he should go join civil service. It's the only safe haven cos they need not compete with FT.

Alot of JHK & JHB inside civil services also.

 

[A Singaporean]

Obviously the father knows very well that Sinkies are all totally useless in any endeavour. Better to stay at home and wait for CDC vouchers.

 

[congo9]

Take the money, get regular job.
Invest the amount.

Failure rate for jiuhukai is low. The costs of failure is very low for jiuhukai and jiuhubu.

Cos they can step in and take up another job which is much higher then their minimum wage if rm1700

 

[sbfuncle]

His parents reasons is that his f and business will sure bankrupt due to high rental.

So it is better for their son to rest at home at do nothing.

Cost of resting at home and do nothing is actually lower than f and b rental cost


Do you think his parents reasons are ok ?

I would have advised my children against opening f&b.
The chances for success is too low vs the risk.
Want to open business must be a niche market eg secret tunnel dating service.

 

[laksaboy]

Think he should go join civil service. It's the only safe haven cos they need not compete with FT.

That's where your brain cells go to die. All the real work outsourced to the private sector, please don't think I don't know.

 

[sbfuncle]

That's where your brain cells go to die. All the real work outsourced to the private sector, please don't think I don't know.

Yes they outsource all the real work to pte company and behave like a big boss.
I beaten many of them to puppies, all director level.