Category: Money

Explore opportunities to boost your income in Cambodia with Angkor Times. From insightful blogs on starting a business, investing, and making money online, to updates on the latest trends in startups and SMEs in Cambodia, this category offers practical tips and strategies to help you succeed in the Cambodian market. Stay informed and take your financial journey to the next level.

Angkor Times Latest Questions

SOVANN
SOVANNExperienced
Asked: December 26, 2020In:

Are you thinking of investing in real estate today? Before investing or buying any property or land in Cambodia, you may want to consider these six fundamental criteria or questions your should  know in order to maximize for future profits: 1. Road: ...Read more

Are you thinking of investing in real estate today?

Before investing or buying any property or land in Cambodia, you may want to consider these six fundamental criteria or questions your should  know in order to maximize for future profits:

1. Road: Does the place have dirt road, paved road or concrete road? And how many meters is the road?

2. State Building: Is the area close to the district hall, the police station, the military post? . Etc. Town: Is the area densely populated? And are there schools, hospitals, restaurants, hotels, resorts nearby?

4. Industrial areas: Does the area have large factories nearby?

5. Electricity: Is there a connection? If so, is it a public or private electricity?

6. Banks: Are there any banks or financial institutions nearby?

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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

A commercial road connecting Thailand’s Trat province and Cambodia’s Veal Veng district in Pursat province is 90 percent complete and expected to be ready ahead of schedule according to the Pursat provincial administration. Thailand’s government has spent almost $2 million in ...Read more

A commercial road connecting Thailand’s Trat province and Cambodia’s Veal Veng district in Pursat province is 90 percent complete and expected to be ready ahead of schedule according to the Pursat provincial administration.

Thailand’s government has spent almost $2 million in building the link between the two countries.

The road comprises four lanes and is 14 metres wide and 1.9 kilometres long. It is  between border checkpoints in Tha Sen village, Lem Kat commune, Moeung district in the Trat province of Thailand and at National Road 55 (Thmor Da checkpoint) in Sangkom Thmey village, Thmor Da commune in Veal Veng district. Its construction followed approval by the Thai parliament of a request from the governor of Trat province made on Nov 27, 2019.

This trade route will become an important economic channel linking the countries’ trades and businesses, especially given the completion of Cambodia’s National Road 55, which has connected  National Road 5 to Trat.

National Road 55 is 182 kilometres long and connects Pursat’s Veal Veng to Thmor Da (at the Cambodia-Thailand border).

Its construction cost of $132.8 million was funded by the Chinese government in cooperation with the Royal Government of Cambodia’s Compensation Fund for tackling the impact of unexploded ordnance (UXO) clearance and construction.

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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

I sit in a cafe and hear people talking about “Bill Gates & Mark Zuckerberg dropped out of schools” and I’m always wondering if they believe “Bill Gates & Mark Zuckerberg succeeded in dropping out of school”. Of course, Gates and ...Read more

I sit in a cafe and hear people talking about “Bill Gates & Mark Zuckerberg dropped out of schools” and I’m always wondering if they believe “Bill Gates & Mark Zuckerberg succeeded in dropping out of school”.

Of course, Gates and Mark did not become rich by dropping out of school, but some still believe it or otherwise cheat on some successful seminars or websites that inspire young people to be less valuable. Go to school, stop working for others to start your own business, become a young millionaire or Young Entrepreneur.

Did you know that Bill Gates and Mark Zuckerberg passed Harvard University on their own, a world-class university, and only the best ones passed?

Did you know that Bill Gates passed the first year with the highest score without entering the class before starting Microsoft in the second year?

Did you know that Mark has been a computer programmer since high school? Did you know that Mark can read and write in French, Latin, Hebrew, and Ancient Greek?

In my eyes, Bill Gates and Mark Zuckerberg are so talented that it can be said that “I’ graduated from college. And the story of graduating or not finishing is the smallest thing for Bill Gates.

“Every day I see training seminars, successful courses, and a lot of websites writing to encourage people to be less interested in learning, to quit their jobs and become self-employed sooner,” Bill Gates and Mark Zuckerberg. “Learning is not over.”

The world never tells us what life is like for the 10 million school dropouts.

The world never tells us how those who frantically quit their jobs and go into self-employment fail.

There may be 2 out of 10 million successful people in the world, Gates and Mark, and forget that the rest of you live on the streets and do not know if there is food tomorrow and how to live. .

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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

Lack of sufficient capital is a big problem. There are many people who have ideas but still can not run a business of their dreams due to lack of capital, leading to the lack of courage to give up the ...Read more

Lack of sufficient capital is a big problem. There are many people who have ideas but still can not run a business of their dreams due to lack of capital, leading to the lack of courage to give up the idea. At this point, have you ever asked yourself how much capital you need for your business? $ 10,000? $ 20,000 or $ 50,000?

Not all businesses around you need tens of thousands of dollars to start a business. Ideally, you need to start small. Take a look at your abilities and skills, what skills do you have that can go out of business with little capital? You can check the following 29 businesses once, it does not require much capital, that is, only $ 2,000 down can also do business

  1. Social Media Management Specialist
  2. Fitness Instructor
  3. Luggage service
  4. Cheang Tong (Jewelry Design)
  5. Home Paint Service
  6. Part time essay writer
  7. Personal Chef
  8. Office Organizer
  9. Fashion Designer
  10. Provide local marketing planning services
  11. Private teacher
  12. Apartment Arrangement Service
  13. Symbol Designer
  14. Home Cleaning Service
  15. Room installation and repair service
  16. Event Organizers
  17. Digital Marketing Agency
  18. Software Developer
  19. App Developer
  20. Taxi driver
  21. Tour Guide
  22. Tax Service
  23. Personal Counselor
  24. Freight Forwarding, Cargo, Transport
  25. Part-time newspaper translator
  26. Online sellers
  27. Blogger
  28. Financial Advisor
  29. Business planner
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Angkor Times
Angkor TimesExperienced
Asked: December 24, 2020In:

At what age is best to start a business? At what age should you start your business? 20 years old? 30 years old? Or 40 years? This is a question that does not have any real standard answer for those who ...Read more

At what age is best to start a business?

At what age should you start your business? 20 years old? 30 years old? Or 40 years? This is a question that does not have any real standard answer for those who wish to do business or start a business can Apply as a whole. If you are still confused about this, please take a look at the research below.

According to a research study entitled Age and entrepreneurial career success: A review and a meta-analysis ) Found that the success rate of those who start a business in their 20s is similar to those who start a business in the 20s. 50 years old.

Based on the above research, there is a balance that arises at this point. While young entrepreneurs are more prone to new technological knowledge and reluctant to take risks, older entrepreneurs Has a lot of experience, strong skills in business, strong communication network and strong capital.

In contrast, the founders who started the business in their 30s and 40s did not seem to be very successful in Start their business. The same research found that “life at this age” has High responsibilities in the same story, such as building a family, earning an income, trying to avoid risk Etc. and can create many other big obstacles. This is not the right age and easy to build an entrepreneurial life.

However, these findings contradict previous US Census Bureau studies. (United States Census Bureau) shows that the most successful age of entrepreneurship is mostly for people in the age. Kandal, especially business people from the technology sector. The average age of successful business people from those tech companies is 45 years old.

If the data do not contradict each other like this, the question is, which is the best answer for you to start a business? Based on the above research, you really have a hard time deciding which one is more accurate? However, keep in mind that the more research you do, the more different answers you will get on this topic. .

Every day, a lot of people start a business. But if this person does business, that person does business, and you do business, then your situation is not the same. There is no scientific analysis that is 100% accurate and a standard model that shows that you should start a business in At what age is the most successful.

If you start a business in your 20s, believe in yourself and strive to achieve your business dreams. . If you start a business in your 50s, have confidence in yourself and fight for your business success. You. If you start a business in your 30s or 40s, have confidence in yourself and forget your point of view. This is the way that makes your spirits hesitate or doubt in your business life.

Because of your ideas, your efforts, your creativity and your commitment on who you are and What do you really want? How hard do you try? These are the most important factors that are more valuable than determining the age of your business.

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