Want to do business in Thailand - need an Idea?

I recently came across this company and wanted to at least share it with our readers:

http://www.ideacon.biz/

This is NOT a paid advertisement nor was I contacted by the company but rather I came across the site and thought it might be of interest to people who are considering setting up shop in Thailand. Usually people end up working with brokers and buying an existing business. Or people come here and try to build a business from scratch - which is not easy but can be done. Ideacon is a new company focusing on helping people research ideas with a goal towards starting a new company based on a new idea. It is a new concept and there are no success stories but I think it something worth noting. I also think it is important to support business in this space to encourage the overall expat/entrepreneurial landscape. I have encouraged the owner of Ideacon to share any future success stories here and I invite anyone who has experience with Ideacon to share as well. Following is a letter from the founder of Ideacon.

My name is Kristian Olsen. My native country is Denmark. I have lived and worked 9 years in Thailand of which 5 years was spent in Pattaya and 4 years in Phuket. So I’ve gathered quite a lot of experience doing business and setting up businesses here.

Most foreigners who fall in love with wonderful Thailand don’t realize that starting a business requires a lot of hard work – it’s not only about hanging out with your customers and having fun….

I found out by myself the hard way! It cost me a lot of time, worries and money!

I have been in many trades in my 9 years in Thailand, and all of them I have set up from scratch by myself using my own ideas. As a business broker I have also sold them myself when they were profitable. It cost me blood, sweat and tears!

I soon found out that there is no such business or company in Thailand that actually concerns itself with assisting foreigners by offering advice and ideas on how to set up their own business from scratch. All of the business brokers are only selling other people’s businesses….and that’s it!

So one day it came to me, why not assist setting up other people’s businesses from scratch and earn a living from that? Instead of using my own ideas setting up my own businesses I could use my ideas by setting up other people’s businesses.

Actually I have too many ideas to realize them all…so why not earn a living of it? Let other people use my ideas and take advantage of my experience!

So I decided to establish IdeaCon.

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10 Responses to “Want to do business in Thailand - need an Idea?”


  1. 1 The Asian Badger Jun 20th, 2007 at 1:39 pm

    Wasn’t there some guy in the early internet days (Bill Gross?) who led a major dotcom bust called Idealab!.com.

    Sounds like the same thing to me but I’m old school…I like to learn my history so I don’t make the same mistake.
    View all comments by The Asian Badger

  2. 2 Bangkok Bad Boy Jun 20th, 2007 at 2:08 pm

    Bill Gross’ Idealab (not gone bust):

    http://en.wikipedia.org/wiki/Idealab

    I’d never heard of them until today, but I do remember the “Lazy Entrepreneur” site that Scott “Dilbert” Adams put up back in 2000. Rather more altruistic, and rather more dead. Story here:

    http://www.cbsnews.com/stories/2000/12/06/print/main255044.shtml

    I wonder what Dogbert would make of Thai politics…
    View all comments by Bangkok Bad Boy

  3. 3 smitty Jun 20th, 2007 at 3:53 pm

    AB - I used to work with IdeaLab - I did not like Bill too much.

    The reason I mentioned Ideacon is that Thailand only has biz brokers, visa shops, accounting shops and businesses to help u run your Thai business. There is no one focusing on helping people to become entrepreneurs in Thailand. If Ideacon focuses on that, as well as having some novel ideas to share or foster - then they may find a niche. We shall see…
    View all comments by smitty

  4. 4 smitty Jun 20th, 2007 at 4:01 pm

    To be clear - Bill made a ton of money. His big play was selling overture to yahoo - huge bank. Now he is investing in all things green - a former colleague is working at his solar startup.
    View all comments by smitty

  5. 5 The Asian Badger Jun 21st, 2007 at 4:49 am

    I thought he went absolutely bust. What do I know…thanks for the update.

    Like the new (6/21) pics!!
    View all comments by The Asian Badger

  6. 6 Kawsar Chowdhury Sep 25th, 2007 at 10:22 pm

    Hi ! We are a advertising agency in Bangladesh. Now we want to by new tecnology for out door sign. And we also want to do Export Import business. If any one interested please contuct wth us. Thans.
    View all comments by Kawsar Chowdhury

  7. 7 smitty Sep 25th, 2007 at 10:30 pm

    Kawsar - excellent. We got tshirts we can ship.

    Consider yourself contucted!

    http://www.2thebigmango.com/buy-schwag/
    View all comments by smitty

  8. 8 smitty Sep 26th, 2007 at 6:05 pm
  9. 9 komin Jan 3rd, 2008 at 9:42 pm

    I want to job.Location Thai country .Kind job relationship ,I like it ,Please contact to me
    komink5@gmail.com.
    View all comments by komin

  10. 10 sameer Oct 14th, 2008 at 10:03 pm

    i want do resturent business in thailand, please contact to me.
    masku_masku@yahoo.com
    View all comments by sameer

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