Nice words. But the fact is he is self serving. here using sg as stepping stone. He will retire in Australia or somewhere else. Gahmen give them pr so easily. 🙄🙄🙄
He is my ex boss. I worked in Indochine as part-time when I studied in Singapore and later working full time job and went back there and enjoy. Thank you Michael Ma and hope more successful.
Keep us posted about the Phuket investment. I bought a condo in Kamala beach in 2019 that was supposed to be ready a few months after and never got finished. The developer (Blue Horizon) ran to Panama with all investors money. Best Western was also involved.
Oh wow, that's so unfortunate :( Yes, such cases happen in Thailand and Indonesia. You should be careful when choosing a developer. As for the guys from Layan Green Park, I'm 100% confident in them! My condo is nearly complete. The grand opening is in just two months.
I feel you. Sorry for your loss. Covid times fucked up a lot of developers companies. And criminals in Thailand are so high that you can always bribe the police to run away with money. (
Thanks for picking brain on amazing people inspiring and another awesome interview love all your interview and we get to learn a lot from all the great people! Keep it up keep going...
Good information and interview Max ! It would have been nice however to zoom in on his father’s beginnings ie: what kind of shop? Service ? Product did his father start off with his successful business in Australia ? Otherwise very nice job.
You can find them in business or work setting, many of them do not socialise much unless it’s for business. But first you need to have certain qualities beforehand
I was so sold on Bali until the plastic on the beaches came up. 😅 Now I'm considering Phuket as a retirement place.🤔 This guy is great..been to some of his indochine places.😅
I got to disagree on certain aspects this guy mentioned. KL is having air pollution in the same category like JAKARTA & BKK? I juz couldn’t help from ROFL! 😜🤪😛
Basically, Singaporeans are destined to be employees, work to retirement and sip kopi o in a coffeeshop. Get out to chase your dreams, Singaporeans, if you have one and want one.
His parents are atypical refugee made good stories. There are many of them although not everyone is as rich as his parents. Hardwork, discipline, adaptability goes a long way. I like him because we share the same admiration for the late Lee Kuan Yew. A towering intellectual and doer. If some idiots think leading a dot in the ocean with nothing and growing Singapore into a first world country is easy, try doing it in other dots or bigger countries. We judge on actions. Talk is cheap. I told my friends about a former supervisor. I told them, I learnt so much from him. Excellent leadership skills, brilliant and indepth thinking. Maybe that is why our current stage of world affairs is in doldrums. We should trying measuring these 'world leaders' IQ and thinking skills. LOL.
There was an extraordinarily profitable trade of a certain set of products from Laos, upper Thailand, Myanmar in the 80's, 90's which mostly went undetected through the borders to Australia. This kind of "trading" created enormous wealth for a few years, until these "traders" decided that property was more legitimate.
Yes, agree. I’d love to see a more in-depth and longer interview with Michael, there is so much to learn from him, his business sense, his attitude to life….. his father and grandfather were also successful business people and gave good advice.
Max Chernov I love that story too interview an Australian businessman in Singapore. Can you make one video of interview with Ghib Ojisan. He is a famous youtuber influencer in Singapore too
You learn everyday something new, like shophouse in Singapore has a 999 year lease.Gosh, I used to be a used car dealer and learn to solve one car at a time lol . Invest in something tangible that generate income.
Bro you deserve everything you’ve got. Hands down the best RU-vid channel in Singapore, I’ve learnt so much from your channel. You’re truly an inspiration and genius. Love you bro. Keep putting out fire content
Went there by ferry 21 years ago, had a pie, but that ferry ride, it was rocking wildly side to side. I was thinking, so this is how boats get capsized…
The Spotify seed round offer - Michael shouldn't beat himself up about missing that. $1m seed is a lot of cash if it represents a significant portion of your portfolio and as he said "it's a bit much". He's a smart man to not take that offer because in an alternate universe, Spotify could have gone to zero. I'd once more push back on his idea of putting capital into property. As an asset class, it's not as liquid as owning equity in businesses via the stock market. He could run a simple rate of return calculation on his property portfolio via the S&P 500. I'm curious to see if his properties returned more than just investing in the market.
I hv a friend who has the same mentality. He doesn’t splurge on branded items, he saved to splurge on cement. 😂 I wished I had known him 10 yrs before I know him. 😅
@@MaxChernov unless the law has been recently changed I respectfully submit you are incorrect. Foreigners can't own freehold houses, bungalows, land etc. I know some use company structures etc, but this is a very grey zone, fraught with difficulty. I enjoy your channel btw. Keep up with the great videos.
It’s a tip for people who wanna invest but can’t think of where to invest. So why not Phuket? It’s top of mind location for literally millions and millions of quality western and Asian tourists, so it ain’t a bad place at all
If you can live in a country _ study, work, have time to dine with your family everyday, and ensure you can instil discipline in your children then there is hope. If there is a high statistic of family break up, teen suicides, teen pregnancies, kids loafing around as there is no one to monitor them while parents are busy working to make ends meet and wake up with wealth due to hard work but a dysfunctional, broken family then you cant say anything good about the country. Singapore wont entertain criminal behaviour!
So many questions to ask I am sure for someone like Max who wants to get ahead living in sg. Michael isn't like 'old money' in Singapore that's almost impossible to emulate.
Nice interview. But it lacks real shit, upon this kiyosaki's fog about property. Title! How he made fortune from 2k$? Answer - He did not. Continued father's empire. Well, he did not lose everything! I'm in Phuket. The main reason why Phuket is ugly investment - the estate is falling into peace's too fast! But yes, you can get your 6-8% Per year (10-12% is just not true, a lot of expanses).
hi max i not only got perspective from expats but also wisdom from people that had incredible stories. would love to hear stories from super successful locals that has interesting stories as well!!
Phuket has no earthquakes and volcanoes etc., what about tsunami? How could anyone forget 26 December 2004 when some 250 tourists died in that tsunami?
@@RH-vd3yu oh so he is the authority on this subject, I see. With the climate changes witnessed in recent years, who could say for sure when tsunami will hit again?
Also be careful the realtors in phuket will try to show you propertys on west coast because they get kick backs from projects, east is alittle farther from ther offices and dont like showing east coast no kick backs??
Sometimes external forces/events turn your peaceful life and plans upside down. For example how many families were ruined when Japan invaded Singapore in 1942.
