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 Anyone here do pasar malam business?, Please share your experience.

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TSunknown warrior
post Jul 8 2008, 10:14 AM, updated 18y ago

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I know for a fact that some pasar malam people are blardy rich from their pasar malam business. Please share your experience. Thanks.
exkay
post Jul 8 2008, 10:26 AM

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used to help around pasar malam, one night could easily fetch 5~10k, depending on season ( ie, CNY cookies, etc... )
goolie
post Jul 8 2008, 11:33 AM

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pasar malam stall price only cost about rm10 per nitee
zenwell
post Jul 8 2008, 01:10 PM

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QUOTE(unknown warrior @ Jul 8 2008, 10:14 AM)
I know for a fact that some pasar malam people are blardy rich from their pasar malam business. Please share your experience. Thanks.
*
Pasar malam business also have a lot of things to consider. Location, What you gonna sell, your competitor, season, etc. Some items the profit margin is really low because too many seller of the same things so they keep fighting to survive. Unless you are talking about selling illegal things, if you know what I mean brows.gif . i have seen graduates who throw away their job to do this full time. Now also got franchise concept business for pasar malam. the type like the uncle bob chicken and bubble milk tea sort of thing. you gotta let us know what you planning to sell first, maybe from there we can give you more feedback.
mphpopular
post Jul 8 2008, 01:15 PM

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Nid to plan what you gonna sell first. My cousin enrollled in selling shoes in pasar malam, whereby the pasar malam only have 2 shoes stall including him. SO it is like a small competitive market which lead to a great business for him. The only difficult thing is set up, find supplier, location of pasar malam that you want to go, and also what happen during rainy day.

kbandito
post Jul 8 2008, 06:08 PM

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I am thinking of pasar malam business also, as an undergraduate now, with one year ahead.

Product: 糖水 kind of stuff
Price: RM2.50
Profit: 50%-60%
Supply: Not a problem, raw material can be bought anywhere, homecook.

Let me elaborate more about the product.
There is one stall here near my place which is selling this desert (糖水), called 清补凉, it's not the same with the one in KL. Priced at RM2.50 each and I strongly believe it can be a hot-selling product in KL night market.

I am not familiar with the modus operandi in pasar malam.
Regulatory process, location, 'unwritten agreement' between sellers.

I intend to systematize it, unlike typical pasar malam style, so capital is a hit.
Capital problem can be settle in this, I think. biggrin.gif
liez
post Jul 9 2008, 08:11 AM

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QUOTE(exkay @ Jul 8 2008, 10:26 AM)
used to help around pasar malam, one night could easily fetch 5~10k, depending on season ( ie, CNY cookies, etc... )
*
not really....u got this fact incorrect....one of the highest sales volume is selling fried chicken...bck to few years ago...yea...one ngiht can easily fetch may be3k-5k....but well lok this the situation now and one can knew night market's hawker suffered like hell....due to

-inflation (everybody saved like hell....)
-Franchise competitor (they r great competitors and areas like sri rampai with lotsa unis around....they will be the winner)
-highly competitive market (need not to be explained)
-Rain (this is the worst scenario which happened and well...it happened almost everyday nowadays)

QUOTE(unknown warrior @ Jul 8 2008, 10:14 AM)
I know for a fact that some pasar malam people are blardy rich from their pasar malam business. Please share your experience. Thanks.
*
it may be true...but well...u r gonna suffer more than anyone or anytime u'd been suffering in ur life time.....u will sacrifice ur family life, social life and private life due to the fact that u r gonna work from morning (to get thee stocks, to get things done....run from KL to puchong to kajang juz to get ur stocks) to afternoon(u will wanna get a short nap) and u work in pasar malam from 3 to 12....Bingo.... I would wanna say...u will be richer than most of ur frenz in 1 years time and probably be a millionaire if u r not married and u manage ur finance well. but u sacridice alot alot alot.....yea....physically...and mentally... i start working since 13 years old in night market and i sell fried chicken from someone....i woke up at 8 to wash the 0 celcius frozen chicken with abre hands.... take and mix those chicken ( is so easy in words but they weighted at least 18 kilogrammes per packet and i took them alone) attach them into bamboo sticks (where scars and bloods pop out like no end when the bamboo sticks cut on me) boilked the chicken with honey (where i was often 'hit' by those 100 celcius honey) the whole process ended at 12 and i gotto arrange those chickens and fish balls.....it took us quite long....until 3 o clock then we go and work and shout at the night market until 12 o clock... then go home....

u will be a millionaire but u paid for it.
happy4ever
post Jul 9 2008, 08:54 AM

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QUOTE(liez @ Jul 9 2008, 08:11 AM)
not really....u got this fact incorrect....one of the highest sales volume is selling fried chicken...bck to few years ago...yea...one ngiht can easily fetch may be3k-5k....but well lok this the situation now and one can knew night market's hawker suffered like hell....due to

-inflation (everybody saved like hell....)
-Franchise competitor (they r great competitors and areas like sri rampai with lotsa unis around....they will be the winner)
-highly competitive market (need not to be explained)
-Rain (this is the worst scenario which happened and well...it happened almost everyday nowadays)
it may be true...but well...u r gonna suffer more than anyone or anytime u'd been suffering in ur life time.....u will sacrifice ur family life, social life and private life due to the fact that u r gonna work from morning (to get thee stocks, to get things done....run from KL to puchong to kajang juz to get ur stocks) to afternoon(u will wanna get a short nap) and u work in pasar malam from 3 to 12....Bingo.... I would wanna say...u will be richer than most of ur frenz in 1 years time and probably be a millionaire if u r not married and u manage ur finance well. but u sacridice alot alot alot.....yea....physically...and mentally... i start working since 13 years old in night market and i sell fried chicken from someone....i woke up at 8 to wash the 0 celcius frozen chicken with abre hands.... take and mix those chicken ( is so easy in words but they weighted at least 18 kilogrammes per packet and i took them alone) attach them into bamboo sticks (where scars and bloods pop out like no end when the bamboo sticks cut on me) boilked the chicken with honey (where i was often 'hit' by those 100 celcius honey) the whole process ended  at 12 and i gotto arrange those chickens and fish balls.....it took us quite long....until 3 o clock then we go and work and shout at the night market until 12 o clock... then go home....

u will be a millionaire but u paid for it.
*
Are you a millionaire now, dear? wub.gif

There's some thing known as "no risk no gain, no sacrifice, no success"
There are people out there who don't believe in lounging in front of the TV with money falling from the sky. wink.gif
And even white collared workers (executives, directors, consultants etc) works round the clock, flies here and there, jet lag and all, miss kids birthday, miss anniversaries, and all they got are just some 4 to 5 figured salary, and enough to pay off their "high flying" lifestyle and children education.
In the end, no money to retire, and their kid hates them.
TSunknown warrior
post Jul 9 2008, 10:06 AM

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QUOTE(liez @ Jul 9 2008, 08:11 AM)
not really....u got this fact incorrect....one of the highest sales volume is selling fried chicken...bck to few years ago...yea...one ngiht can easily fetch may be3k-5k....but well lok this the situation now and one can knew night market's hawker suffered like hell....due to

-inflation (everybody saved like hell....)
-Franchise competitor (they r great competitors and areas like sri rampai with lotsa unis around....they will be the winner)
-highly competitive market (need not to be explained)
-Rain (this is the worst scenario which happened and well...it happened almost everyday nowadays)
it may be true...but well...u r gonna suffer more than anyone or anytime u'd been suffering in ur life time.....u will sacrifice ur family life, social life and private life due to the fact that u r gonna work from morning (to get thee stocks, to get things done....run from KL to puchong to kajang juz to get ur stocks) to afternoon(u will wanna get a short nap) and u work in pasar malam from 3 to 12....Bingo.... I would wanna say...u will be richer than most of ur frenz in 1 years time and probably be a millionaire if u r not married and u manage ur finance well. but u sacridice alot alot alot.....yea....physically...and mentally... i start working since 13 years old in night market and i sell fried chicken from someone....i woke up at 8 to wash the 0 celcius frozen chicken with abre hands.... take and mix those chicken ( is so easy in words but they weighted at least 18 kilogrammes per packet and i took them alone) attach them into bamboo sticks (where scars and bloods pop out like no end when the bamboo sticks cut on me) boilked the chicken with honey (where i was often 'hit' by those 100 celcius honey) the whole process ended  at 12 and i gotto arrange those chickens and fish balls.....it took us quite long....until 3 o clock then we go and work and shout at the night market until 12 o clock... then go home....

u will be a millionaire but u paid for it.
*
No Pain, No Gain Dude.

I rather have this kind of commitment rather than work for people and have a better sense of goal in life.
mphpopular
post Jul 9 2008, 01:02 PM

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QUOTE(liez @ Jul 9 2008, 08:11 AM)
not really....u got this fact incorrect....one of the highest sales volume is selling fried chicken...bck to few years ago...yea...one ngiht can easily fetch may be3k-5k....but well lok this the situation now and one can knew night market's hawker suffered like hell....due to

-inflation (everybody saved like hell....)
-Franchise competitor (they r great competitors and areas like sri rampai with lotsa unis around....they will be the winner)
-highly competitive market (need not to be explained)
-Rain (this is the worst scenario which happened and well...it happened almost everyday nowadays)
it may be true...but well...u r gonna suffer more than anyone or anytime u'd been suffering in ur life time.....u will sacrifice ur family life, social life and private life due to the fact that u r gonna work from morning (to get thee stocks, to get things done....run from KL to puchong to kajang juz to get ur stocks) to afternoon(u will wanna get a short nap) and u work in pasar malam from 3 to 12....Bingo.... I would wanna say...u will be richer than most of ur frenz in 1 years time and probably be a millionaire if u r not married and u manage ur finance well. but u sacridice alot alot alot.....yea....physically...and mentally... i start working since 13 years old in night market and i sell fried chicken from someone....i woke up at 8 to wash the 0 celcius frozen chicken with abre hands.... take and mix those chicken ( is so easy in words but they weighted at least 18 kilogrammes per packet and i took them alone) attach them into bamboo sticks (where scars and bloods pop out like no end when the bamboo sticks cut on me) boilked the chicken with honey (where i was often 'hit' by those 100 celcius honey) the whole process ended  at 12 and i gotto arrange those chickens and fish balls.....it took us quite long....until 3 o clock then we go and work and shout at the night market until 12 o clock... then go home....

u will be a millionaire but u paid for it.
*
This is a useful info for me. We might see there is two point of view.
Whether we wanna work so hard for it? Or we should find a better or shorter way???
am_eniey
post Jul 9 2008, 01:54 PM

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QUOTE(zenwell @ Jul 8 2008, 01:10 PM)
Pasar malam business also have a lot of things to consider. Location, What you gonna sell, your competitor, season, etc. Some items the profit margin is really low because too many seller of the same things so they keep fighting to survive. Unless you are talking about selling illegal things, if you know what I mean  brows.gif . i have seen graduates who throw away their job to do this full time. Now also got franchise concept business for pasar malam. the type like the uncle bob chicken and bubble milk tea sort of thing. you gotta let us know what you planning to sell first, maybe from there we can give you more feedback.
*
u mean OTAI Burger ?
dragony
post Jul 9 2008, 02:48 PM

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QUOTE(liez @ Jul 9 2008, 08:11 AM)
not really....u got this fact incorrect....one of the highest sales volume is selling fried chicken...bck to few years ago...yea...one ngiht can easily fetch may be3k-5k....but well lok this the situation now and one can knew night market's hawker suffered like hell....due to

-inflation (everybody saved like hell....)
-Franchise competitor (they r great competitors and areas like sri rampai with lotsa unis around....they will be the winner)
-highly competitive market (need not to be explained)
-Rain (this is the worst scenario which happened and well...it happened almost everyday nowadays)
it may be true...but well...u r gonna suffer more than anyone or anytime u'd been suffering in ur life time.....u will sacrifice ur family life, social life and private life due to the fact that u r gonna work from morning (to get thee stocks, to get things done....run from KL to puchong to kajang juz to get ur stocks) to afternoon(u will wanna get a short nap) and u work in pasar malam from 3 to 12....Bingo.... I would wanna say...u will be richer than most of ur frenz in 1 years time and probably be a millionaire if u r not married and u manage ur finance well. but u sacridice alot alot alot.....yea....physically...and mentally... i start working since 13 years old in night market and i sell fried chicken from someone....i woke up at 8 to wash the 0 celcius frozen chicken with abre hands.... take and mix those chicken ( is so easy in words but they weighted at least 18 kilogrammes per packet and i took them alone) attach them into bamboo sticks (where scars and bloods pop out like no end when the bamboo sticks cut on me) boilked the chicken with honey (where i was often 'hit' by those 100 celcius honey) the whole process ended  at 12 and i gotto arrange those chickens and fish balls.....it took us quite long....until 3 o clock then we go and work and shout at the night market until 12 o clock... then go home....

u will be a millionaire but u paid for it.
*
walao...you start ur pasar malam business from 13yrs old? ...then you much be rich now. You working for someone or your own business?? shocking.gif
liez
post Jul 9 2008, 06:22 PM

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QUOTE(happy4ever @ Jul 9 2008, 08:54 AM)
Are you a millionaire now, dear? wub.gif

There's some thing known as "no risk no gain, no sacrifice, no success"
There are people out there who don't believe in lounging in front of the TV with money falling from the sky. wink.gif
And even white collared workers (executives, directors, consultants etc) works round the clock, flies here and there, jet lag and all, miss kids birthday, miss anniversaries, and all they got are just some 4 to 5 figured salary, and enough to pay off their "high flying" lifestyle and children education.
In the end, no money to retire, and their kid hates them.
*
nope....I quit coz i really need time to study...i was almost the last in my batch in my secondary school....well... atleast i worked hard for the last three months in my pmr trial and get to go into the 1st class (but cry.gif end up being the worst also at form 5.... the worst of the best cry.gif )

QUOTE(unknown warrior @ Jul 9 2008, 10:06 AM)
No Pain, No Gain Dude.

I rather have this kind of commitment rather than work for people and have a better sense of goal in life.
*
yup...this is wad i wanna say... get this quote " the fact that I start a business is because I do not qualify to fill in a job application form". If u r true entreprenur....sacrifice is the 1st priority...I saw graduates gave up climbing corporate ladder ...holding their biz degree...I talked to them..... and they start their own biz in night market....why???

1)night market can be considered the 'market' with biggest market size in the world. (well...use brain oso know lar....3 o clock not so much ppl....but until 6 or 7 to 11 human traffic jam like hell)
2) becoz the human traffic is so jam....high demand came out..... becoz high demand came out huigh supply came out.... (high supply means high competition came out) ONLY the best marketer can impress the market - not only with the price, with the marketing skills, Pr, communication skills, network is less important as u gotto establish ...is a VERY direct sales..... thet u make it, u make it forever.... beat ur competitor via marketing skills and price.... i was trained kaw kaw by my dad....imagine there were 2 chicken stall....one juz at the oposite of us....y the other stalls empty??? ours are full??? yup... the other stalls worker stqand there and wait for customers.... and i was forced to shout _FRIED CHICKEN FRIED CHICKEN , UNCLE HOW's UR DAY???? HOW MUCH U WAN TODAY???? WELL...THESE ARE THE LAST 5 CHICKEN CHOP TODAY>>>TAKE ALL OF THEM PLEASE....

well...lol...is quite funny when i recall all these 'hell' experiences....u go night market nw....how many among them shout like singing opera??? no...the stalls workers juz stood there like kayu....and speak softly like so scared others might hear....i dun wanna deny that asking u to shout it in night market is that easy...I'd thrown away my self esteem on the floor and stomp it.... i gave up my self esteem.... I was a musician played the violin since 3 years old and piano 4 years old...I joined an orchestra palying trombone(imagine i juz palyed it for roughly 8 months but i got piano background lar) I experienced sth that I did not experience be4.... I was being scolded and scolded....nearly got slapped by my dad...coz I am musician ma....no need of do such things wan... until I took out my guts, gave up my self esteem and shout in the night market.... franchise who uses mic to promote their products....well...sadly...my and friend and my volume beat them.... Customers are expecting to see an energetic stalls not a dead stalls.... I was a coward until the day I became a marketer in the night market....Remembered the faces every night.....Well...I remembered about 220 faces a night.... m,emorized their faces and wad were their choices of product (chicken types lar) if possible remmebr their name.... make jokes with customers or ladies.... like wehn leng lui asked us to give more chilis we will shout "OK sure!!! CONSUME MORE CHILIS MAKE ONE HOTTER" (in cantonese lar)...The girl asked...Hot like what??? Then We shout" HOT LIKE CHILI PADI...OR TO BE PRECISE...LIKE YOUR CUTE LITTLE RED blushing FACE" blush.gif Or another scenario.... When a fatter girl buy alot...then her frenz said "woiya...dun buy too much alr...later u eat too much and get fatter" then we mihgt juz reply... "Nevermind one, miss... fat until pretty ma" .... Well...u can say it's our flirting skills...but i dun put it this way...it's our strongest weapon....our last weapon against the competitors which can combo well with the price we gave out.

MARKETING...MARKETING...MARKETING...

3)the one who get to impress the customers and make them stay are always the winner..... Is not really ur price which ebat them (of course ur price muz be low or average as well) is ur marketing skills that beat others....by working for an emplyer... lets say amway, cosway or wadever way.....u cant really sharpen ur marketing as effective as u being the employer in the night market...
4)u r an entrepreneur not a worker....u who have the intention to start a biz in night market are an inborn entrepreneur.... Fresh graduates who gave up their degree and corporate ladder and throw their degrees into dustbin or burn it are entrepreneur.... those who doesn't wnana work for others so their employer instead of them will get richer are entrepreneur...we are entrepreneurs ... it worth all the pain, ur mental and physical strangth, ur time to make it in night market...the biggest market in the world, the highesty human traffic in the world, the highest demand in the world, the highest possibility to generate giant income even u r small stall which sell drinks in the world....

u r gonna sacrifice......

1)ur fren is going clubbing at 8-12 tonight....u r gonan shout like hell and sweat like hell without enjoying at this time...
2)hellboy 2, batman, narnia 3, spiderman, the hulk....ur gang had watched it all.....u watched none....
3)ur fren go paly snoker this afternoon...u cant go....u gotto take a nap so that u will be more energetic tonight...
4) ur fren go dota today....u cant give urself a rest but u muz go for the work....no holiday for entertainemnt purpose unless u wanna go a vacation with ur family or u got sickness or ur van broke down.

5) ur fren work 8 hours a day and get paid RM1800-- a month after being scolded by the boss.... u work at elast 14 hours a day...and get paid of about Rm15,000 a month ( provided not everyday rain lar) and scold ur workers if they are lazy or perform in low productivity status. seriously....u dun give urself excusesd to go movie or clubbing and commit in ur job....dun get married so fast....manage ur finance well....dun somply waster...dun becoz u earn Rm9k in ur 1st month and spend them buying a starvoski crystal for ur gf...buying a 5 carat for ur gf 5 months later....u r gonna cry for wasting....if u manage well.... u r millionaire.... in years....

Jus remmeber afew golden rules:-

1)Customers want a stall filled with life and not a dead stall. Keeping ur pride high, dun wanna approach the customers but juz stand there and wait them come to you...lol....u will be dead in no times....wait to close stalls.

2)It's your direct marketing skills that will directly affect ur sales volume. Dunno how to speak, play jokes, remmeber faces and name, give discount when it's necessary- that will rendered u a failure.

3)Location is the most important factor- do a research and go every night market with large market size and high human traffic...... get or do a permanent rent there 1st.....if got places wanna sell.... BUY it IMMEDIATELY!!! one of the good examply for a good location is Wednesdat- Taman Connaught, Friday- Taman Segar, Thursday- Taman Sri Rampai, Monday- SS2 dun rely on my statments for these location i didnt go too long jor.

4)My father always said...Horse are placed infront to run...not put them behind to display.... U see alot pasar malam employer hired their workers and do nothing but being a dead cashier there....NO....hired, train them and FORCED them to do wad i did in the past...Attract customers, focus on the human traffic, the market flow, remember faces and establish a long term relation with customers, make sure uur horses are running well....not sittin there and waiting for ur foods.

5)Manage ur finance well, manage ur finance very well, and manage ur finance very very well. assets dun sit there to DISPLAY.... They gotto do the same as ur horses...Thy gotto work for u.... having extra assets , dump it into gold investment when is inflation, buy UT if u r lazy to manage, Forex if u loved it and be a shareholders for a company which u'd trusted that it will grow well....


GOOD LUCK!!! wub.gif

QUOTE(dragony @ Jul 9 2008, 02:48 PM)
walao...you start ur pasar malam business from 13yrs old? ...then you much be rich now. You working for someone or your own business?? shocking.gif
*
Dude.... I worked for my dad for lowest or no wages at all...I juz wanna sharpen my marketing skill

I am not working in night market now dude....If u guys rememebred I opened a topic here hoping someone can elp me manage my finance ...I was a music tutor in some schools like chong hwa independant jhigh school, chong hwa proimary school, chung kowk, music schools and a college student....to be frank...I felt quite useless now...I am already 20 years old...I am very old liao... But I am still quite blur with the career I wanted to have....but i will try my best to achieve the goal in my life.

This post has been edited by liez: Jul 9 2008, 06:37 PM
TSunknown warrior
post Jul 10 2008, 08:52 AM

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QUOTE(liez @ Jul 9 2008, 06:22 PM)



*
You have my respect dude. notworthy.gif notworthy.gif notworthy.gif thumbup.gif
am_eniey
post Jul 10 2008, 09:06 AM

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i used to know a man who sells nasi dagang at several pasar malam around bangi, he's having such a luxurious lifestyle ! not sure whether he's already rich or becomes rich from the nasi dagang !
suiteng
post Jul 10 2008, 10:04 AM

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My sister sells bubble milk tea at Connaught pasar malam. She wears singlet. Her business is good. Go figure.
kbandito
post Jul 10 2008, 10:14 AM

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liez, I solute you!
This is the best and most sincere post I have seen in LYN. smile.gif
jacek
post Jul 10 2008, 10:58 AM

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during my college time, i used open a stall with my fren. selling Hello Kitty accessories. Get the supply from SG Wang wholesaler.

Can easily earn RM100-150 nett profit a nite. most of the product price can be marked up to 100-200% from the cost price. As we do not have proper license, we just 'rent' or 'tumpang' from any existing stalls, just pay them RM10-20 for using part of their space.

those were the days.... good memory
liez
post Jul 10 2008, 11:27 AM

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QUOTE(unknown warrior @ Jul 10 2008, 08:52 AM)
You have my respect dude.  notworthy.gif  notworthy.gif  notworthy.gif  thumbup.gif
*
Dude ^~^ I respect others so to get respect by them.

I missed out one imporatnat point...sorry....if u got a good market and no palces are offered ...tried not to get a market at the head or tail....at elast somewhere near the middle.....if someone wanna sell the stalls at the middle....grab it coz it wont be available after a few minutes.

QUOTE(kbandito @ Jul 10 2008, 10:14 AM)
liez, I solute you!
This is the best and most sincere post I have seen in LYN. smile.gif
*
wow....I still got alot candidates to chase up particularly in this forum. like nicholaschan. plz dun T.T salute me...i gotto salute them... T.T


kbandito
post Jul 10 2008, 08:06 PM

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May I know how is the operation model in pasar malam?
For example, the stall space, who do we pay to get the space?
How about selling and buying of space?
kbandito
post Jul 10 2008, 08:34 PM

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I have a confession to make.

Being an undergraduate who is holding 3.5 CGPA from a famous local uni, I don't want to climb the corporate ladder.
I am currently having my internship with one of the Big 4.
I am seeing my manager who is in his early 30s earning RM6,000 - RM7,000, with two kids at home.
I am seeing my colleague who is in late 20s earning RM3,000 - RM4,000.
Is the money enough? Can we survive with such money in Malaysia? Can we give a good life to our family? Are we expecting to work until 50s and have to worry for the purchasing power?

I'm lost now.

Am I going to put my esteem aside as a degree holder and start my business in the night market? I know my knowledge through out the university life can help me better than other people in the night market, in term of management, marketing and so on.
I know it would not be my only business if I do it, I would not satisfy with it, I want to grow, bigger and bigger.
Or am I going to join the MNCs with at most RM3,000 salary, and stressed out from morning to night? But being seen as a corporate man and white collar?

I don't know, face, it is the esteem which is halting me from doing it after my graduation.
happy4ever
post Jul 10 2008, 11:57 PM

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QUOTE(kbandito @ Jul 10 2008, 08:34 PM)
I have a confession to make.

Being an undergraduate who is holding 3.5 CGPA from a famous local uni, I don't want to climb the corporate ladder.
I am currently having my internship with one of the Big 4.
I am seeing my manager who is in his early 30s earning RM6,000 - RM7,000, with two kids at home.
I am seeing my colleague who is in late 20s earning RM3,000 - RM4,000.
Is the money enough? Can we survive with such money in Malaysia? Can we give a good life to our family? Are we expecting to work until 50s and have to worry for the purchasing power?

I'm lost now.

Am I going to put my esteem aside as a degree holder and start my business in the night market? I know my knowledge through out the university life can help me better than other people in the night market, in term of management, marketing and so on.
I know it would not be my only business if I do it, I would not satisfy with it, I want to grow, bigger and bigger.
Or am I going to join the MNCs with at most RM3,000 salary, and stressed out from morning to night? But being seen as a corporate man and white collar?

I don't know, face, it is the esteem which is halting me from doing it after my graduation.
*
Hey, Carly Fiorina started small as an admin exec too, low pay, lots of work, plus male prejudice against her. (prior to that, basically aimless)
And she rose up to manager level, executive, director, of AT&T and then Lucent, and then CEO of HP.

So you can be a millionaire by being an employee. Just don't give mediocre results. Be extraordinary.

This post has been edited by happy4ever: Jul 10 2008, 11:57 PM
liez
post Jul 11 2008, 01:46 AM

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QUOTE(kbandito @ Jul 10 2008, 08:06 PM)
May I know how is the operation model in pasar malam?
For example, the stall space, who do we pay to get the space?
How about selling and buying of space?
*
operation model....depends on the location...

stalls space ...u gotto buy it form the owners and they r reluctant to sell since they can get more if they rent it weekly...but thing is...if the enforcements found out that the owner al;ways did not operate in his palce...they will take the palce back from him.... normally if u dun have any places ...u rent it 1st....then buy it if they are avaialble...normally an average space need about Rm4-6k... u paid them in cash and it's urs permanently... If I am not wrong....

QUOTE(kbandito @ Jul 10 2008, 08:34 PM)
I have a confession to make.

Being an undergraduate who is holding 3.5 CGPA from a famous local uni, I don't want to climb the corporate ladder.
I am currently having my internship with one of the Big 4.
I am seeing my manager who is in his early 30s earning RM6,000 - RM7,000, with two kids at home.
I am seeing my colleague who is in late 20s earning RM3,000 - RM4,000.
Is the money enough? Can we survive with such money in Malaysia? Can we give a good life to our family? Are we expecting to work until 50s and have to worry for the purchasing power?

I'm lost now.

Am I going to put my esteem aside as a degree holder and start my business in the night market? I know my knowledge through out the university life can help me better than other people in the night market, in term of management, marketing and so on.
I know it would not be my only business if I do it, I would not satisfy with it, I want to grow, bigger and bigger.
Or am I going to join the MNCs with at most RM3,000 salary, and stressed out from morning to night? But being seen as a corporate man and white collar?

I don't know, face, it is the esteem which is halting me from doing it after my graduation.
*
Depends on wad u want and ur capabilities.

I believe there are 3 careers we would always have in option:-

1)the career we are talented in-for me....mayhbe music
2)the career we are bound to do- For me....i am a guy and I am gonna feed my kids 3 and my wife 3 meals a day with 2 veges 1 meat 1 soup...buying life insurance for my family...and make sure my kids get good education....so if there is sth even I hate it.... I still got to do it...
3)The career we are interested in -

From these 3...which one would u choose??? There are alot of bad things about malaysia...but one thing good is that wadever career u choose...u will have a good chance to make a success..... Advisors always advice others to choose sth they loved....

Do you really love to do your own biz??? Or join MNC with RM3000 salary??? Is the monthly payment of Rm3000 can really satisfy you even u got to do the same job routine every single day??? OR by managing your OWN firm and look at the sales revenue....the cash box getting heavier and heavier....u can get satisfaction more....

Are you ready to lose a sum of money lets say (touch wood) if there's a biz failure? you work the same routinemeveryday but wad if u wanna be a boss....u r gonna work like a dog??? not trying to be sarcastic but those who'd been in the night market biz wil understand my implications....

Put it this way...

If u r ready to suffer a lost
If u r ready to suffer alot of ur physical and mental strength
If u r ready to manage ur own biz
If u r ready to fight with all the industrial competitors

&

If u r ready to win others and choose not to do wad others were doing....

_________________________________________________________

come on.... whether u wanna make it big.....or not is not important.....whether u wanna make it anot is the material question that u gotto asked urself....there are bout 80% of employees and 20% of employer in this world....u dnu deny the fact that there are many of the employees are richer than the employers..... its not about the money.....its about the satisfaction that u got at the very very end of your day..... u cannot live up to 1000 years....so u gotto fully utilise ur 'time' doing something 'worth' doing it..... compare 2 scenarios....

a 50 eyars later 'you' who enjoy epf everyday....seeing your kids grew and sit at home watch tv everyday...and recall the good old days everyday go to office at 9 o clock and finish doing all the folios at 5...sometimes OT...

and a 50years alter 'you' who have maybe 1 laundry shop, one cafe in the city, few ownerships (shares) of some large cap blue chip company.....

which one you wnana be??? ur frenz has the advantage to work for mnc and get promoted to ceo to manage the biz.....then u wil lhave the advantage.... to be a part of his company and order him how to manage his biz...actions always speak louder than words....cant deny it.....but it is not easy...... the beginning of being a boss of ur own and a worker who seeks to climb corporate ladder is totally 2 different things.....risk of both careers are 2 different things....and many factors to be considered ...i guess u know it all since u r undergradute....stuffs like inflation rate, employment status, legal issues, ethical issues, unstable political....

but after u compare the cash box in ur hand and the cheque of Rm3000 by your company.....Even (with very very little possibility) if the money in the cahs box is less than Rm3000....It worth.... it worth all the pain, it worth all the strength.....it woth all the money u dump in....becoz u havent waste a second helping others to earn money but urself....


__________________________

why did i suggest night market as 1st biz???
high demand
high traffic
highly competitive since it is free market...gave u opportunity to shrpen ur entrepreneur skills or marketing skills
high income (<<<well cant deny it...choose a highly demand product and get a good location)
large market size
flexibility-product can be cahnged anytime unlike u opened up a kindergarten or a cafe- u cant easily change ur services or product

with night market as starting point...u will get the cash in years and help u further strengthen up your other biz and investment.

This is all I can give now..I am too tired...start teaching from 12 to 11 juz now.....11 hours T.T.

Will give more points when I can think of any.
TSunknown warrior
post Jul 11 2008, 09:35 AM

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QUOTE(suiteng @ Jul 10 2008, 10:04 AM)
My sister sells bubble milk tea at Connaught pasar malam. She wears singlet. Her business is good. Go figure.
*
She wear singlet? brows.gif

Anyway Liez is right, don't look down on pasar malam sellers, It's Cash Business, THAT is the best type of business ANYTIME. What is sweat and tears and the time lost in doing unproductive stuff like Dota and all that crap?

Like I said, I rather suffer and see all the money comes in because of the effort I put into the business. It's worth it because when you get old at least you can tell them you made it on your own.

Working in the corporate world, don't forget about politics and all that back stabbing. Sometimes the things that happen doesn't worth your well being and health. I rather be a happy person than work like a stupid dog facing all those selfish people who only care about protecting themselves and make sure all the blame goes to you.





am_eniey
post Jul 11 2008, 09:38 AM

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you are so right........doing pasar malam business is much much holier than MLM......I also suffer at the time i began my laundry business but the money is worth all my tiredness as long as it is not MLM and keep on bullshitting people all the time with gimmich product
tkwfriend
post Jul 11 2008, 11:14 AM

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i had talk to an pasar malam business women, she say those place they place thier stuff need to pay one. depand on location. sometime a space could pay as much as 20k a year
liez
post Jul 11 2008, 11:28 AM

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QUOTE(tkwfriend @ Jul 11 2008, 11:14 AM)
i had talk to an pasar malam business women, she say those place they place thier stuff need to pay one. depand on location. sometime a space could pay as much as 20k a year
*
storage fee is no cheap dude....u can always use ur own house....like spare a room from ur house to store stuffs up.....i think if it's pasar malam biz....practise JIT....oder stocks....try not to keep too much....units u r ordering is not big.....a room, or two is more than enough if u r selling kitchen or other 'unperishable' stuffs (sorry...my england sarks). to rent a store....it's often more than 20k a year....so save those money.....
Jordy
post Jul 11 2008, 11:45 AM

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QUOTE(kbandito @ Jul 10 2008, 08:34 PM)
I have a confession to make.

Being an undergraduate who is holding 3.5 CGPA from a famous local uni, I don't want to climb the corporate ladder.
I am currently having my internship with one of the Big 4.
I am seeing my manager who is in his early 30s earning RM6,000 - RM7,000, with two kids at home.
I am seeing my colleague who is in late 20s earning RM3,000 - RM4,000.
Is the money enough? Can we survive with such money in Malaysia? Can we give a good life to our family? Are we expecting to work until 50s and have to worry for the purchasing power?

I'm lost now.

Am I going to put my esteem aside as a degree holder and start my business in the night market? I know my knowledge through out the university life can help me better than other people in the night market, in term of management, marketing and so on.
I know it would not be my only business if I do it, I would not satisfy with it, I want to grow, bigger and bigger.
Or am I going to join the MNCs with at most RM3,000 salary, and stressed out from morning to night? But being seen as a corporate man and white collar?

I don't know, face, it is the esteem which is halting me from doing it after my graduation.
*
ALMOST everybody would choose to start their own business if you ask them, but there is the problem again.
Ask yourself if you are prepared to give up that RM3,000 or RM5,000 to earn possibly NOTHING.
IF you are rich and have the capital to start right after graduation, by all means you can start your business and be successful.
There are MANY other businesses that you could do, not only night market. Think OUT of the box if you want to go huge.
Why worry about losing face and all those? When you get that money, who dares to compare you with the others?
It is all about the guts. You have it, you will succeed. You just need to GET OUT there and fail.

You can still be IN the corporate ladder in your own business, why not? You can wear that beautiful suit with shiny leather shoes and your very own office space. I wear those too sometimes when I feel it. It depends on your dedication, guts and your thinking out of the box.
Nothing comes free, so you got to work hard whether you are an employee or an employer.
I have had few businesses failed and some businesses showed me a little success, still I got to fight on.
You will have your way to make it work, but DO NOT just think that there's only pasar malam business in this world.
Amedion
post Jul 11 2008, 12:37 PM

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You can apply at Majlis Perbandaran for License. Not guarantee can get. Must have space, good interview, etc ... Application ONLY available at 1st ~ 15th of March, June and September..

Rent from people are okay too but it's hard .. Normally those who want to rent people will always reserve to their relative or friend.. IF you able to get it.. I guess probably the low traffic area.. Somewhere around the head or the tail .. Same goes for the sale of the space.. Ranging from RM 500 ( Poor traffic area ) ~ RM 20k ( Very high traffic area ) ..

Seen many who don't pay for license.. I sometimes also go to places which I don't have license to sell.. Majlis Perbandaran come and check every 2~3months.. Have to prepare for it.. If lucky.. Can escape.. IF not lucky.. Summon RM 150 .. 2~3months only RM 150.. Well, better than paying RM 10 ~ RM 30 for one time sell..

Now pasar malam's business is not very good cause people still haven't get used to RM 2.70 / litre fuel price.. Must wait few months for it to become normal..

This post has been edited by Amedion: Jul 11 2008, 12:46 PM
kbandito
post Jul 11 2008, 03:30 PM

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QUOTE(Jordy @ Jul 11 2008, 11:45 AM)
ALMOST everybody would choose to start their own business if you ask them, but there is the problem again.
Ask yourself if you are prepared to give up that RM3,000 or RM5,000 to earn possibly NOTHING.
IF you are rich and have the capital to start right after graduation, by all means you can start your business and be successful.
There are MANY other businesses that you could do, not only night market. Think OUT of the box if you want to go huge.
Why worry about losing face and all those? When you get that money, who dares to compare you with the others?
It is all about the guts. You have it, you will succeed. You just need to GET OUT there and fail.

You can still be IN the corporate ladder in your own business, why not? You can wear that beautiful suit with shiny leather shoes and your very own office space. I wear those too sometimes when I feel it. It depends on your dedication, guts and your thinking out of the box.
Nothing comes free, so you got to work hard whether you are an employee or an employer.
I have had few businesses failed and some businesses showed me a little success, still I got to fight on.
You will have your way to make it work, but DO NOT just think that there's only pasar malam business in this world.
*
This is just one of the feasible business idea that I have.
I have more ideas but due to capital constraint they are not possible to execute right now.
If I am going to start the night market business, it would be just a start, not all. smile.gif
liez
post Jul 11 2008, 10:37 PM

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QUOTE(Amedion @ Jul 11 2008, 12:37 PM)
Now pasar malam's business is not very good cause people still haven't get used to RM 2.70 / litre fuel price.. Must wait few months for it to become normal..
*
this's not the only thing, dear.... the weather is bullying....so pray for the wehather controller (the god laugh.gif ) to be more keen on this matter.

QUOTE(kbandito @ Jul 11 2008, 03:30 PM)
This is just one of the feasible business idea that I have.
I have more ideas but due to capital constraint they are not possible to execute right now.
If I am going to start the night market business, it would be just a start, not all. smile.gif
*
nobody is gonna stay in night market biz forever dude.....its juz a start as wad u said....a training ground... laugh.gif
Jordy
post Jul 11 2008, 10:57 PM

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QUOTE(kbandito @ Jul 11 2008, 03:30 PM)
This is just one of the feasible business idea that I have.
I have more ideas but due to capital constraint they are not possible to execute right now.
If I am going to start the night market business, it would be just a start, not all. smile.gif
*
What about sales? I am sure they have better prospect than pasar malam, and cheaper too smile.gif
First of all, you don't need to pay the rent, but you do need a lot of moving around.
So, that saves a lot of cost, and you can sell in bulks too sometimes smile.gif
Neshimaru
post Jul 12 2008, 12:41 AM

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I dunno about pasar malam but my friend told me that he saw a beggar walking around begging for money at Lowyat there... half hour later my friend saw him again BUYING a new laptop and he PAID IN CASH!

Hey maybe it's true that some pasar malam ppl are rich... if beggars can do it..pasar malam can even do better!

Hey UW wink.gif

This post has been edited by Neshimaru: Jul 12 2008, 12:42 AM
Jordy
post Jul 12 2008, 12:47 AM

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QUOTE(Neshimaru @ Jul 12 2008, 12:41 AM)
I dunno about pasar malam but my friend told me that he saw a beggar walking around begging for money at Lowyat there... half hour later my friend saw him again BUYING a new laptop and he PAID IN CASH!

Hey maybe it's true that some pasar malam ppl are rich... if beggars can do it..pasar malam can even do better!

Hey UW wink.gif
*
Er, I think your statement might offend a few members here. It is as if you are comparing a beggar with pasar malam sellers wink.gif
This is just my advice, you can choose which way you would like to go smile.gif
Amedion
post Jul 12 2008, 10:47 AM

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QUOTE(Neshimaru @ Jul 12 2008, 12:41 AM)
I dunno about pasar malam but my friend told me that he saw a beggar walking around begging for money at Lowyat there... half hour later my friend saw him again BUYING a new laptop and he PAID IN CASH!

Hey maybe it's true that some pasar malam ppl are rich... if beggars can do it..pasar malam can even do better!

Hey UW wink.gif
*
That fella probably don't carry enough cash to get the laptop ... Beg for extra few ringgits & he can get already ..
If people can get laptop within 30minutes by begging.. Everyone will be doing it already..

Not every pasar malam people are rich ..
Pasar Malam is also business.. You will never know when its good or bad..
If beggar can do RM 10k in a month.. Doesn't means pasar malam can do it..
If pasar malam only do RM 3k in a month.. Doesn't means he will become beggar ..

In my case.. I hate beggars cause they're nothing but a lazy people who always wait money to drop..
kbandito
post Jul 12 2008, 10:55 AM

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I have a different view on the impact of living fees on night market business.
Night market is a cheaper marketplace to shop compared to shopping malls or premium cafe, with more utility, but that is depending on the person's perspective also la.
When you have less money in pocket but you still want to go out, will night market falls under your favorite list?
If the answer is yes to majority, then the impact of livings fees is positive to night market.

Amedion
post Jul 12 2008, 11:23 AM

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People don't go pasar malam when they have less money or search for cheap things ...

You as a malaysian who can enjoy pasar malam for almost everynight.. Do you go pasar malam? If not then I don't know ur opinion on it..

Well, before I do business in pasar malam.. I go pasar malam mainly for a walk only since parking fee is free and location is close to my house, then will buy some keropok, uncle bob, milk shake, ice cream, fried chicken, etc .. Some items can be easily found in pasar malam rather than shoplots. Example sewing machine oil, imitation stuff, pirated stuff, clothing which is mainly selling in shoplot for double / triple the pricetag with the same quality, small items like hairband, earring, etc... ( people don't like to buy only one item at shopping complex or shop cause it may be embarassing to them )
Pasar malam is a MUST for housewives for vegetables, fruits, food, etc...
There's too many reason to go pasar malam ..
Jordy
post Jul 12 2008, 11:44 AM

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QUOTE(kbandito @ Jul 12 2008, 10:55 AM)
I have a different view on the impact of living fees on night market business.
Night market is a cheaper marketplace to shop compared to shopping malls or premium cafe, with more utility, but that is depending on the person's perspective also la.
When you have less money in pocket but you still want to go out, will night market falls under your favorite list?
If the answer is yes to majority, then the impact of livings fees is positive to night market.
*
What Amedion said is quite true. In a nutshell, pasar malam is catered mainly for youngsters and housewives.
I have to admit that I do not go pasar malam that often, but I do go sometimes if my friends request me to.
kbandito, if you really want to jump into the pasar malam business, you will need to think of goods that have fast repeat sales and will appeal to youngsters. Junk food is good especially if you plan to start a pasar malam near colleges and huge housing areas.
Do not go for goods that are for one-off sales, because your results will be worse down the road.
Get into the business for a few months with goods that have high margin, and get out as soon as you have enough capital to expand.
ayu
post Jul 15 2008, 10:59 AM

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QUOTE(Amedion @ Jul 12 2008, 10:47 AM)
That fella probably don't carry enough cash to get the laptop ... Beg for extra few ringgits & he can get already ..
If people can get laptop within 30minutes by begging.. Everyone will be doing it already..

Not every pasar malam people are rich ..
Pasar Malam is also business.. You will never know when its good or bad..
If beggar can do RM 10k in a month.. Doesn't means pasar malam can do it..
If pasar malam only do RM 3k in a month.. Doesn't means he will become beggar ..

In my case.. I hate beggars cause they're nothing but a lazy people who always wait money to drop..
*
I think i will go be a begger soon Hopefully u can give more a money to me.

tongue.gif


Added on July 15, 2008, 11:03 amBut do pasar malam buiness need to careful.. really have alot Pencuri ~last 2 week i saw alot girl curi beg . That stupid seller didn't see also. Haiz.. haven't start the buiness but rugi at the 1st.Damn it. I walk until my car only see the girl curi beg.

anyway .. pasar malam buiness is more better then open a shop . rclxms.gif

This post has been edited by ayu: Jul 15 2008, 11:03 AM
liez
post Jul 15 2008, 11:29 AM

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That explains it....Night market is a business mainly catered for youngster and housewives... Demand could be ery very high...at elast twice to 3 times of a shopping mall... only if you can target those market appropraitely....

Well...There are few things to becareful....as mentioned by Ayu.... Thieves and the other fake cash....u should be very very careful when holding cash.....muz be able to distinct them....holding a fake cash in ur wallet will put urself into jail if found out by legal enforcers... so u lost the money and being accused. lastly....there are people who paid out Rm50 and when u return the change....they will tell you that u'd paid 1 Rm10 less in fact they hid one out when u returned it to them...so be very careful when u give return on change and deny it if u r very sure of it.
Amedion
post Jul 16 2008, 05:17 PM

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QUOTE(ayu @ Jul 15 2008, 10:59 AM)
I think i will go be a begger soon Hopefully u can give more a money to me.

tongue.gif


Added on July 15, 2008, 11:03 amBut do pasar malam buiness need to careful.. really have alot Pencuri ~last 2 week i saw alot girl curi beg . That stupid seller didn't see also. Haiz.. haven't start the buiness but rugi at the 1st.Damn it. I walk until my car only see the girl curi beg.

anyway .. pasar malam buiness is more better then open a shop .  rclxms.gif
*
Yeah.. Go Chow Kit Road and beg money.. Bring along a baby.. One day can earn over RM 100 .. rclxms.gif

That is why the vendor must be cautious. Newcomer mostly become nervous when there's a lot of customer to handle. They don't pay attention to other customer when they are dealing with one.

BUT stealing a bag is a little bit out of sense.. The item so big.. I guess the vendor is either half-blind or what.. hmm.gif

QUOTE(liez @ Jul 15 2008, 11:29 AM)
That explains it....Night market is a business mainly catered for youngster and housewives... Demand could be ery very high...at elast twice to 3 times of a shopping mall... only if you can target those market appropraitely....

Well...There are few things to becareful....as mentioned by Ayu.... Thieves and the other fake cash....u should be very very careful when holding cash.....muz be able to distinct them....holding a fake cash in ur wallet will put urself into jail if found out by legal enforcers... so u lost the money and being accused. lastly....there are people who paid out Rm50 and when u return the change....they will tell you that u'd paid 1 Rm10 less in fact they hid one out when u returned it to them...so be very careful when u give return on change and deny it if u r very sure of it.
*
People who get used to handle money will know when they hold it.. thumbup.gif
ubeyou
post Jul 16 2008, 07:18 PM

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I saw pasar malam gambling before, 1 person bet RM50 and winning rate 5%, 5 people per minutes, that's the biggest profit with no cost in pasar malam.
kbandito
post Aug 18 2008, 11:25 PM

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Shall we revive this thread?
zeist
post Aug 19 2008, 12:13 AM

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QUOTE(goolie @ Jul 8 2008, 11:33 AM)
pasar malam stall price only cost about rm10 per nitee
*
My place here they pay RM5 only. One thing which I don't like is, seeing a disabled fella on a wheelchair selling pirated CDs. What a dumb ass. If the council officers come and catch, so what is he going to do? Beg to not catch just because you are disabled? Yea right.

He can sell kuih, toys, and etc. Why must it be pirated CD?

This post has been edited by zeist: Aug 19 2008, 12:13 AM
PleaseEnterYourName
post Aug 19 2008, 10:57 AM

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Pirated CD is a highly profitable business.

TS, if u wanna do pasar malam business, as a tryout i suggest u go for weekend pasar tani first. This pasar tani is alot better in terms of mangement coz they are handle by FAMA. Target customer 80% will be housewives.

So working normal hours in weekdays, and weekend go do business in pasar tani is a good start.
Nnigue
post Aug 19 2008, 12:46 PM

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You can work with different pasar malam store owners for a few days and learn about their trade. A good way to gain some hands-on experience and observe the market.
surelazat
post Aug 20 2008, 03:08 PM

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I'm looking a spot in Shah Alam, PJ, SJ or KL.
Anybody can recommend me a spot. If someone selling would be better.
Fatz_Cat
post Aug 20 2008, 03:27 PM

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i wonder where they got their stock from......i saw a few stalls do provide nice t-shirts like b*by milo and so on....searching high and low for the supplier...
happyman102
post Aug 20 2008, 05:17 PM

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QUOTE(Fatz_Cat @ Aug 20 2008, 03:27 PM)
i wonder where they got their stock from......i saw a few stalls do provide nice t-shirts like b*by milo and so on....searching high and low for the supplier...
*
Pls go to China "Hu Men" and you can find nice T-Shirt there!!! brows.gif
wilsoncvt
post Aug 20 2008, 05:29 PM

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Actually I am pretty interested in how and where ppl look for their stocks. I find trade shows are a good place to gather supplier information because you can see the product in person. Yellow pages is a big pain in the ass. There is of course the internet directories which are better.

How and where do you usually look for stocks and what are the steps/methods you take to source?
kbandito
post Aug 21 2008, 11:10 AM

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I would prefer junk food if I am to start my business in Pasar Malam.
Never look down at those trolley seller or small-size business owner, I have a story to tell here, a real story.

The famous 'Pak Cu 916' jambu outside Digital Mall, Section 14 manages to rake in at least RM6000 profits according to our conservative assumption.
Remember they are only selling JAMBU.
I asked the lady who works for Pak Cu, 'So, how many branches/stalls do Pak Cu has?'
I was thinking 2-3 stalls, because that is over RM10,000 already, per month basis.
I got an unexpected answer, '15'.
OMG, even if the average profits is RM2,000 per month for one stall, that is RM30,000 per month!

I started to get the idea of volume after a forumer here is LYN posted.
'Don't look down at those soya bean stall owner, they might be only earning RM1,000 per month, but they are running 10 stalls at the same time. It's an auto-pilot business.'
speakeasy
post Aug 21 2008, 04:53 PM

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QUOTE(zeist @ Aug 19 2008, 12:13 AM)
My place here they pay RM5 only. One thing which I don't like is, seeing a disabled fella on a wheelchair selling pirated CDs. What a dumb ass. If the council officers come and catch, so what is he going to do? Beg to not catch just because you are disabled? Yea right.

He can sell kuih, toys, and etc. Why must it be pirated CD?
*
why u ask us..go ask himla...he will give you the right answer

kbandito
post Sep 17 2008, 02:14 AM

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This thread has been very informative, I would be more than happy to see more people contribute to here. smile.gif
ferlyn
post Oct 23 2008, 02:36 PM

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can i know is it need get license to sell the products in pasar malam? how to get the license? anyone who know where can get the fashion accessories in more cheaper rate? Thanks a lot!
TSunknown warrior
post Oct 23 2008, 10:17 PM

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QUOTE(kbandito @ Aug 21 2008, 11:10 AM)
I would prefer junk food if I am to start my business in Pasar Malam.
Never look down at those trolley seller or small-size business owner, I have a story to tell here, a real story.

The famous 'Pak Cu 916' jambu outside Digital Mall, Section 14 manages to rake in at least RM6000 profits according to our conservative assumption.
Remember they are only selling JAMBU.
I asked the lady who works for Pak Cu, 'So, how many branches/stalls do Pak Cu has?'
I was thinking 2-3 stalls, because that is over RM10,000 already, per month basis.
I got an unexpected answer, '15'.
OMG, even if the average profits is RM2,000 per month for one stall, that is RM30,000 per month!

I started to get the idea of volume after a forumer here is LYN posted.
'Don't look down at those soya bean stall owner, they might be only earning RM1,000 per month, but they are running 10 stalls at the same time. It's an auto-pilot business.'
*
I know some small stalls can do that in pasar malam, it's DAMN annoyingly ironic!, ppl who work in corporate world in such high position can only match that. Walau!
William Lee
post Apr 26 2011, 04:17 PM

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QUOTE(goolie @ Jul 8 2008, 12:33 PM)
pasar malam stall price only cost about rm10 per nitee
*
do you know How to start/rent Pasar Malam stall in malaysia?,


Added on April 26, 2011, 4:26 pm
QUOTE(zeist @ Aug 19 2008, 01:13 AM)
My place here they pay RM5 only. One thing which I don't like is, seeing a disabled fella on a wheelchair selling pirated CDs. What a dumb ass. If the council officers come and catch, so what is he going to do? Beg to not catch just because you are disabled? Yea right.

He can sell kuih, toys, and etc. Why must it be pirated CD?
*
How to start/rent Pasar Malam stall in malaysia?, below is my contact number.

Best Regard
email : mygsm@live.co.uk
014-6658248
William Lee

































biggrin.gif biggrin.gif biggrin.gif

This post has been edited by William Lee: Apr 26 2011, 04:26 PM
katopunk
post Apr 27 2011, 05:24 AM

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bob
post Apr 27 2011, 01:01 PM

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QUOTE(zeist @ Aug 19 2008, 12:13 AM)
My place here they pay RM5 only. One thing which I don't like is, seeing a disabled fella on a wheelchair selling pirated CDs. What a dumb ass. If the council officers come and catch, so what is he going to do? Beg to not catch just because you are disabled? Yea right.


*
not only to pay rm5/per nite , but also need to have a hawker license from local council (renew yearly).
if u go biz/pasar malam at 3 different area/local council, then u need 3 license la.


ExtremeSeller2012
post Apr 28 2011, 08:38 AM

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i was thinking to sell taiwan chicken chop, WITH EXTRA CHINESE HERBAL GLAZING, i tasted in taiwan,it was fantastic. maybe it is an extra thing to competite with uncle bob those normal deep fried chic chop.

what do you think ? i checked up with supplier, 5-8k can start off (with deep friey machine all)
shadowblack
post May 2 2011, 07:55 PM

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How to get tapak pasar malam? Im planning to sell my slippers there
bob
post May 2 2011, 08:43 PM

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QUOTE(shadowblack @ May 2 2011, 07:55 PM)
How to get tapak pasar malam? Im planning to sell my slippers there
*
can apply the license at local authority ....
e.g. if u want to biz at subang area, then go to mpsj la
shadowblack
post May 2 2011, 10:29 PM

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QUOTE(bob @ May 2 2011, 08:43 PM)
can apply the license at local authority ....
e.g. if u want to biz at subang area, then go to mpsj la
*
I thought that is only for licence.Tapak and licence is different thing.You get tapak 1st then you apply for licence
bob
post May 3 2011, 09:14 AM

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QUOTE(shadowblack @ May 2 2011, 10:29 PM)
I thought that is only for licence.Tapak and licence is different thing.You get tapak 1st then you apply for licence
*
not really .. maybe in other area.
but at my area, still got many empty tapak ...
so, better get license 1st ...
then go find suitable tapak ... this one, u need to ask the pasar malam seller (sometime they got 'cif' there)
some area, tapak is arrange by local authority.. but other maybe is more to mutual understanding with existing pasar malam sellers.
kenny5978
post May 13 2011, 02:31 PM

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QUOTE(Jordy @ Jul 12 2008, 12:47 AM)
Er, I think your statement might offend a few members here. It is as if you are comparing a beggar with pasar malam sellers wink.gif
This is just my advice, you can choose which way you would like to go smile.gif
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yes,.. it is true..
RedBishop
post May 13 2011, 02:38 PM

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cakap saja pandai, nowadays orang mahu duduk air-con,eat air-con, sit also wan air-con. no air-con will die, ask them to go pasar malam?die better
jeftsent91
post Feb 6 2012, 10:36 AM

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wow...thnx for posting such a meaningful post...especially lies...this the best 1 ever i found...thnx for sharing ur experience ^^..tats wonderful thumbup.gif
mysa_strato
post Feb 9 2012, 09:47 PM

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QUOTE(jeftsent91 @ Feb 6 2012, 10:36 AM)
wow...thnx for posting such a meaningful post...especially lies...this the best 1 ever i found...thnx for sharing ur experience ^^..tats wonderful  thumbup.gif
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+1
fasionoval
post Feb 10 2012, 12:22 AM

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good coz:
1.no rental
2.no need much staff(can take elegal worker)
3.no need to keep much stock

bad coz:
1.rainny days
2.police kacau
3.gangster kacau
melodyworm
post Jul 2 2012, 01:26 AM

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wow this thread had helped me sooo much with all the sifu's info and advices here. really learnt a lot. thanks!
genegene88
post Sep 18 2012, 09:05 PM

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I would like to do a business in Pasar Malam in coming month.
n i went to find the local authority in my town to get some info.
1 thing that i want to ask u guys here is. Issit a must to register wit SSM even though I am just doing a small business in Pasar Malam? rclxub.gif

n SSM is one of the requirement that is needed by my local authority before i can start my business.
wat if i already register wit it. thats mean that i have to pay the Income Tax to them. n i not sure about the tax that would charge. rclxub.gif


vlynn-662
post Sep 18 2012, 09:33 PM

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QUOTE(goolie @ Jul 8 2008, 11:33 AM)
pasar malam stall price only cost about rm10 per nitee
*
Pasar malam place there is none rent rm 10 per nite.

Different location different price, the highest is taman connaught Rm 160 per lot per night, other normally goes to 30-100 other location
KitZhai
post Sep 19 2012, 08:47 AM

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QUOTE(liez @ Jul 9 2008, 07:22 PM)
nope....I quit coz i really need time to study...i was almost the last in my batch in my secondary school....well... atleast i worked hard for the last three months in my pmr trial and get to go into the 1st class (but  cry.gif  end up being the worst also at form 5.... the worst of the best  cry.gif
yup...this is wad i wanna say... get this quote " the fact that I start a business is because I do not qualify to fill in a job application form". If u r true entreprenur....sacrifice is the 1st priority...I saw graduates gave up climbing corporate ladder ...holding their biz degree...I talked to them..... and they start their own biz in night market....why???

1)night market can be considered the 'market' with biggest market size in the world. (well...use brain oso know lar....3 o clock not so much ppl....but until 6 or 7 to 11 human traffic jam like hell)
2) becoz the human traffic is so jam....high demand came out..... becoz high demand came out huigh supply came out.... (high supply means high competition came out) ONLY the best marketer can impress the market - not only with the price, with the marketing skills, Pr, communication skills, network is less important as u gotto establish ...is a VERY direct sales..... thet u make it, u make it forever.... beat ur competitor via marketing skills and price.... i was trained kaw kaw by my dad....imagine there were 2 chicken stall....one juz at the oposite of us....y the other stalls empty??? ours are full??? yup... the other stalls worker stqand there and wait for customers.... and i was forced to shout _FRIED CHICKEN FRIED CHICKEN , UNCLE HOW's UR DAY???? HOW MUCH U WAN TODAY???? WELL...THESE ARE THE LAST 5 CHICKEN CHOP TODAY>>>TAKE ALL OF THEM PLEASE....

well...lol...is quite funny when i recall all these 'hell' experiences....u go night market nw....how many among them shout like singing opera??? no...the stalls workers juz stood there like kayu....and speak softly like so scared others might hear....i dun wanna deny that asking u to shout it in night market is that easy...I'd thrown away my self esteem on the floor and stomp it.... i gave up my self esteem.... I was a musician played the violin since 3 years old and piano 4 years old...I joined an orchestra palying trombone(imagine i juz palyed it for roughly 8 months but i got piano background lar) I experienced sth that I did not experience be4.... I was being scolded and scolded....nearly got slapped by my dad...coz I am musician ma....no need of do such things wan... until I took out my guts, gave up my self esteem and shout in the night market.... franchise who uses mic to promote their products....well...sadly...my and friend and my volume beat them.... Customers are expecting to see an energetic stalls not a dead stalls.... I was a coward until the day I became a marketer in the night market....Remembered the faces every night.....Well...I remembered about 220 faces a night.... m,emorized their faces and wad were their choices of product (chicken types lar) if possible remmebr their name.... make jokes with customers or ladies.... like wehn leng lui asked us to give more chilis  we will shout "OK sure!!! CONSUME MORE CHILIS MAKE ONE HOTTER" (in cantonese lar)...The girl asked...Hot like what??? Then We shout" HOT LIKE CHILI PADI...OR TO BE PRECISE...LIKE YOUR CUTE LITTLE RED blushing FACE"  blush.gif Or another scenario.... When a fatter girl buy alot...then her frenz said "woiya...dun buy too much alr...later u eat too much and get fatter" then we mihgt juz reply... "Nevermind one, miss... fat until pretty ma" .... Well...u can say it's our flirting skills...but i dun put it this way...it's our strongest weapon....our last weapon against the competitors which can combo well with the price we gave out.

MARKETING...MARKETING...MARKETING...

3)the one who get to impress the customers and make them stay are always the winner..... Is not really ur price which ebat them (of course ur price muz be low or average as well) is ur marketing skills that beat others....by working for an emplyer... lets say amway, cosway or wadever way.....u cant really sharpen ur marketing as effective as u being the employer in the night market...
4)u r an entrepreneur not a worker....u who have the intention to start a biz in night market are an inborn entrepreneur.... Fresh graduates who gave up their degree and corporate ladder and throw their degrees into dustbin or burn it are entrepreneur.... those who doesn't wnana work for others so their employer instead of them will get richer  are entrepreneur...we are entrepreneurs ... it worth all the pain, ur mental and physical strangth, ur time to make it in night market...the biggest market in the world, the highesty human traffic in the world, the highest demand in the world, the highest possibility to generate giant income even u r small stall which sell drinks in the world....

u r gonna sacrifice......

1)ur fren is going clubbing at 8-12 tonight....u r gonan shout like hell and sweat like hell without enjoying at this time...
2)hellboy 2, batman, narnia 3, spiderman, the hulk....ur gang had watched it all.....u watched none....
3)ur fren go paly snoker this afternoon...u cant go....u gotto take a nap so that u will be more energetic tonight...
4) ur fren go dota today....u cant give urself a rest but u muz go for the work....no holiday for entertainemnt purpose unless u wanna go a vacation with ur family or u got sickness or ur van broke down.

5) ur fren work 8 hours a day and get paid RM1800-- a month after being scolded by the boss.... u work at elast 14 hours a day...and get paid of about Rm15,000 a month ( provided not everyday rain lar) and scold ur workers if they are lazy or perform in low productivity status. seriously....u dun give urself excusesd to go movie or clubbing and commit in ur job....dun get married so fast....manage ur finance well....dun somply waster...dun becoz u earn Rm9k in ur 1st month and spend them buying a starvoski crystal for ur gf...buying a 5 carat for ur gf 5 months later....u r gonna cry for wasting....if u manage well.... u r millionaire.... in years....

Jus remmeber afew golden rules:-

1)Customers want a stall filled with life and not a dead stall. Keeping ur pride high, dun wanna approach the customers but juz stand there and wait them come to you...lol....u will be dead in no times....wait to close stalls.

2)It's your direct marketing skills that will directly affect ur sales volume. Dunno how to speak, play jokes, remmeber faces and name, give discount when it's necessary- that will rendered u a failure.

3)Location is the most important factor- do a research and go every night market with large market size and high human traffic...... get or do a permanent rent there 1st.....if  got places wanna sell.... BUY it IMMEDIATELY!!!  one of the good examply for a good location is Wednesdat- Taman Connaught, Friday- Taman Segar, Thursday- Taman Sri Rampai, Monday- SS2 dun rely on my statments for these location i didnt go too long jor.

4)My father always said...Horse are placed infront to run...not put them behind to display.... U see alot pasar malam employer hired their workers and do nothing but being a dead cashier there....NO....hired, train them and FORCED them to do wad i did in the past...Attract customers, focus on the human traffic, the market flow, remember faces and establish a long term relation with customers, make sure uur horses are running well....not sittin there and waiting for ur foods.

5)Manage ur finance well, manage ur finance very well, and manage ur finance very very well. assets dun sit there to DISPLAY.... They gotto do the same as ur horses...Thy gotto work for u.... having extra assets , dump it into gold investment when is inflation, buy UT if u r lazy to manage, Forex if u loved it and be a shareholders for a company which u'd trusted that it will grow well....


GOOD LUCK!!!  wub.gif
Dude.... I worked for my dad for lowest or no wages at all...I juz wanna sharpen my marketing skill

I am not working in night market now dude....If u guys rememebred I opened a topic here hoping someone can elp me manage my finance ...I was a music tutor in some schools like chong hwa independant jhigh school, chong hwa proimary school, chung kowk, music schools and a college student....to be frank...I felt quite useless now...I am already 20 years old...I am very old liao... But I am still quite blur with the career I wanted to have....but i will try my best to achieve the goal in my life.
*
Don't worry dude, I'm same with u 20 without a goal
kurty
post Sep 19 2012, 11:55 AM

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i too wanted to have a stall in pasar malam.

I have registered with SSM, yeah. i know they are not in charged of pasar malam.
reason for registering is for my future shop. since they having the promo, might as well take it.

as i'm not a malaysian, i can advise much but my gf and relatives are working on this.

i was told for pasar malam license, it was rm240 annually.
as for the stall rental, this is something that i didn't hear.
but during our conversation with the person in charge, it seem there's no rental at all.
instead, each night, you only need to pay rm3 for cleaning services after the pasar malam.

in nutshell, register with the license bodies, seeking approval or recommendation from the association.

can anyone clarify on this if it's true?
KohSin
post Sep 19 2012, 12:39 PM

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QUOTE(genegene88 @ Sep 18 2012, 09:05 PM)
I would like to do a business in Pasar Malam in coming month.
n i went to find the local authority in my town to get some info.
1 thing that i want to ask u guys here is. Issit a must to register wit SSM even though I am just doing a small business  in Pasar Malam? rclxub.gif

n SSM is one of the requirement that is needed by my local authority before i can start my business.
wat if i already register wit it. thats mean that i have to pay the Income Tax to them. n i not sure about the tax that would charge.  rclxub.gif
*
tax wise u can always engage somebody to do it for u......cuz ur case u will need 2 have a income statement and balance sheet to know wat figure u need to put inside ur Form B (assuming u register for a sole prop)

another thing is, income tax is not submitted to SSM, is submit to IRB / LHDN. for sole prop u oni need 2 submit once a year by end of June 30 each year.

do PM me if u need more clarification cuz i provide these kind of service tongue.gif
umikosan
post Oct 11 2012, 11:48 PM

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I myself doing pasar malam ... not that easy as need to prepare very early depend on what u sell. rental is vary from place to place RM10 is available but at some shitty location.

Need to register with SSM and godd luck with DBKL as pasar malam lot are fully occupy by elder generation. They will rent to you or just sell u the lot that can fetch as high RM6k perlot depend on location also.
kurty
post Oct 12 2012, 10:02 AM

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QUOTE(umikosan @ Oct 11 2012, 11:48 PM)
I myself doing pasar malam ... not that easy as need to prepare very early depend on what u sell. rental is vary from place to place RM10 is available but at some shitty location.

Need to register with SSM and godd luck with DBKL as pasar malam lot are fully occupy by elder generation. They will rent to you or just sell u the lot that can fetch as high RM6k perlot depend on location also.
*
thanks for sharing.

But i happen to learn that these rental is illegal. I actually check with SSM and governing bodies that deal with pasar malam.

They discourage us from paying such rental, the only paying amount is the license and daily cleaning fee of RM3.

hence those pre existing owners shouldn't do that. i know.. it's not that easy.


as i enquire about the area for placing the stall, their advise to find any unoccupied spot and fit in.
Definitely this will not be in the middle or crowded area.

But based on my few encounter of observation, it's rather space out from stall to stall, hence if i were to fit in between, it shouldn't pose much a concern. yeah, rapport has to be build up among your neighbors
umikosan
post Oct 23 2012, 01:30 PM

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even out from the current pasar malam space plp also mark with paint as their own space really not easy to get new space in klang valley.

the rent is illegal but still have to rent. I check with DBKL all the pasar malam space already full and the rent only RM20 amonth and they rent it at rance of RM10 to RM150 a night.
derek_88
post May 15 2015, 10:14 PM

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Hi, I would like to search for interested & committed business partner to joint venture to operate several Pasar Malam slot in Sri Petaling.
Kindly contact Derek at 012-6383120 for further details. Thanks.

 

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