22 replies to this topic

[gabber]

Hi,

If you hade money and lived in Armenia, what kind of business would your startup?

What businesses can make profit in Armenia?

You have the money and knowledge of something but which idea is the best one to start considering Armenias economy and the state of the people.

[MosJan]

Hi,

If you hade money and lived in Armenia, what kind of business would your startup?

What businesses can make profit in Armenia?

You have the money and knowledge of something but which idea is the best one to start considering Armenias economy and the state of the people.

no need for big money
just get a DSL and start posting on Ebay

you can find many Atists and many many who can offer you good's for Ebay

[gabber]

no need for  big money 
just  get a  DSL  and  start  posting  on Ebay

you can  find  many Atists and many many who can offer you  good's  for Ebay

what do you mean? what are you going to sell to the people in Armenia via e-bay? And how many in Armenia are sitting with Internet Connections at home and buing online?

I meant what kind of business, like building contractor, computer store, restaurant or bars etc etc any ideas?

How about truck driving, delivery transports and so on?

[armjan]

great question.
perhaps starting a company with an American afflaite in the states who would outsource software projects. so developers in armenia work on projects from the U.S.

-will need to have strict requirements in written form, among other
communication methods and processes, so that there aren't any misunderstandings. Its also not very feasible to start such a business arrangement without meeting the people you will be dealing with in person at least once.

-it doesn't depend on high capital and raw materials. All it needs are creative and hard working people. This, Armenia has in abundance

http://www.siliconarmenia.com

must perform cost analysis to c if profitable investment. I don't have the resources to do this analysis.

getting projects intially is something to think about.

Edited by armjan, 24 February 2005 - 02:13 AM.

[gabber]

great question.
perhaps starting a company with an American afflaite in the states who would outsource software projects. so developers in armenia work on projects from the U.S.

-will need to have strict requirements in written form, among other
communication methods and processes, so that there aren't any misunderstandings. Its also not very feasible to start such a business arrangement without meeting the people you will be dealing with in person at least once.

-it doesn't depend on high capital and raw materials.  All it needs are creative and hard working people.  This, Armenia has in abundance

http://www.siliconarmenia.com

must perform cost analysis to c if profitable investment. I don't have the resources to do this analysis.

getting projects intially is something to think about.

and if we exclude computers and software devolpment, what is there to start?

[armjan]

and if we exclude computers and software devolpment, what is there to start?

to be quite frank, this is why I think it's feasible. start-up costs are minimal compared to other startups. costs include but not limited to...
-both hardware/software can be obtained at minimal costs

-finding ppl(U.S & AM) who are willing to spend a considerable time on this. U.S staff should take care of language translations by writing formal specifications. A good place for starters may be college graduates in both countries, other existing outsourcing firms.

-need to do cost analysis of how cheap we can bid on contract(s) for and still maintain operating costs/profits

-costs in establishing a small biz/corp (less than $2000)
-legal documentation(contracts, user agreements, liability forms)

-costs can be perhaps minimized by finding venture capatalists or other tech companies who are willing to contribute resources or make an investment to further expand marketshare.

the biggest challenge is obtaining the trust of U.S. firms. but given what i have observerd in the past working in this industry, this may not be as difficult as it sounds. I mean this is an incremental development process, so the idea is to find the barrier where net sustains current costs and is profitable to the degree of expectancy of it's participants.

being that this is an outsourcing gig, this does limit the types of projects we can bid on. my experience has been that customers really don't know what they want, so there is a constant feedback process in form of prototypes/schematics/UML/etc to reach an desirable level of satisfaction. But i am confident that if the right processes are created/sustained, this is a feasible/profitable endeavor.

Edited by armjan, 24 February 2005 - 03:07 AM.

[Harut]

ah, what the heck... i'll give a few of my ideas out...

most buildings in armenia don't have centralized (or otherwise) air conditioning, especially public buildings, such as concert halls, etc... if you can get the government (or others) to finince this, you can make money by installing a/c in such buildings...

power plants: hydro, wind, solar...

good old factories... you do the research on what is in demand... some examples: textile (i don't know how competetive it could be, but the industry has been practically nonexistant after the earthquake), furniture...

EDIT:

agriculture... a lot of potential, in my opinion...

Edited by Harut, 24 February 2005 - 03:20 AM.

[gabber]

how about something that doesnt require knowledge in computers and hi education. like driving a truck, laying brick, marshotkadriving, selling stuff anything on that subject?

[MosJan]

what do you mean? what are you going to sell to the people in Armenia via e-bay? And how many in Armenia are sitting with Internet Connections at home and buing online?

I meant what kind of business, like building contractor, computer store, restaurant or bars etc etc any ideas?

How about truck driving, delivery transports and so on?

yyou will sell not in Armenia but from Armenia

[MosJan]

and if we exclude computers and software devolpment, what is there to start?

my addvice - just go to Ar menia - stay for 3 to 6 months and see...

Turism is one of the first
3 to 5 cars - good drivers - for rent or for turs

[gabber]

my addvice - just go to Ar menia - stay  for  3 to 6 months  and see...

Turism is  one of the first
3 to 5  cars - good drivers - for rent or  for turs

thats a quite a nice idea but i dont feel like there is any profits there, the bussiest moments are in the summer but how many years will it take to get your money back for the 5 cars etc?

Edited by gabber, 24 February 2005 - 07:19 AM.

[Arvestaked]

Hi,

If you hade money and lived in Armenia, what kind of business would your startup?

What businesses can make profit in Armenia?

You have the money and knowledge of something but which idea is the best one to start considering Armenias economy and the state of the people.

I would like to create numerous factory businesses. Making anything on a large scale that could be sold around the world. How cool would it be to have Armenian cars? ... And they could be optimized for insurance fraud! Seriously, though. Factories. More products around the world need to say "Made in Armenia."

[Armat]

My little dream...Start a motorcycle touring trips around Armenia.There are lot of people who prefer nice advetures on dirt bikes.
I had similar experiance in Greece and loved it.Feel free to steal my idea that is if you can ride...

[armjan]

My little dream...Start a motorcycle touring trips around Armenia.There are lot of people who prefer nice advetures on dirt bikes.
I had similar experiance in Greece and loved it.Feel free to steal my idea that is if you can ride...

that sounds like a great idea!

[Amina]

Armenian nation decided to turn Armenia into a taxi parking place
Carry on a taxi service...

[Eloren]

Does anyone know the average amount you would need to start a little modest business in Armenia? Let's say a little cafe or something related to tourism?

I know it's too general but i don't really have a good idea yet..

One armenian told me in the plane that with 10,000$, you can start something good.. I doubt a little..

[Anahit]

Does anyone know the average amount you would need to start a little modest business in Armenia? Let's say a little cafe or something related to tourism?

I know it's too general but i don't really have a good idea yet..

One armenian told me in the plane that with 10,000$, you can start something good.. I doubt a little..

well... this has nothing to do with tourism, but is still a business, so...

i was quite shocked to hear that people in armenia buy 2nd hand cars on quite high prices. For example, they told me, u can bring an old car from abroad, that u paid 2000 US $ and resell it in Armenia for 2-3 times the price. in this case 10,000$ is more than enough

[shaunt]

A strip club, and a prostitution house.

Keep Armenian girls in Armenia.

[Anileve]

Can this thread be extended to business in general? Lately I've been thinking about opening up an "Etiquette School" for women and men. Simply because I feel like women are losing their femininity and men, their gentlemanness. I read somewhere that two women in England have opened a similar school. It would be interesting to incorporate some modern approaches, such as business, confidence, investment, among other conventional subjects. Sexology would also be an important topic for both genders. I miss the whole gentleman approach, like holding doors, opening them, holding coats, giving way to pregnant women and older ladies as well as gentleness and stylishness of women. I feel as if people have become generally rough. What do you guys think?

[MosJan]

Open-Air Laser & Light music Show






"Music synthesized w/laser create and combine a variety of sounds, letting an accomplished musician play the sounds together, to make an enthralling sonic experience"



see http://www.lasershow...ical-shows.html

it can be don
Like in GArni Dzor on the rock's




or i n Ughtasar

Show about Armenia it's beginning
Hayk and Bell
Lusavorich & Lusamarich

will not cost much
all can be placed on trailers and moved wan the show is over + all you need is tolk to some travel agents pay some $$ evening shows for 100 +