Career driven or not?

I see young people that i interview (almost on a daily basis) have a problem in commiting to thier career.

Most Young nepalis i have met, seem more preoccupied with their family and their family affects their decision to such an extent, that they seem more than happy “half time”, even if that meant lower pay and lower career growth opportunity.
which means lot of holidays, and Nepal’s atrocious number of government holidays. (2nd highest in the world, last i recall!)

Career comes behind family and i believe this impeds one’s growth professionally specially when you are raw and need career experience to grow.

What say?
Career or Family?
I don’t see balance for fresh young people trying to start working in any industry.

I see no sense of urgency to succeed young. As if they are fine to take their time to achieve something, which is alarming to me. This way, a company’s growth is stunted, as it relies on its bright people to push it up.

Challenge: Hydro + Tourism

What can be done that links the business of HYDRO, TOURISM through Information technology?

Nepal holds enormous potential in these 2 fields. Its what we can call our natural resources.

if you can find a magic mixture of these 3, I believe there is a fortune to be made in this trio of business mixed pudding!

a Human resources management software?

a client interaction management system?

a risk assessment software (business intelligence system)?

what else .. any suggestions?

Yes, you can own 100% company in Nepal if you are a foreigner.

Some interesting tidbits after talking to a realestate/company registration lawyer in kathmandu:

a) if a foreigner investing in industries like tourism, trade, industry and real estate, they get 100% ownership . You will also own 100% ownership of even real estate in Nepal as a company only. Previously there was much barriers to a foreigner owning land in Nepal.

b) Good Legal counseling and government fees (for company registration,etc ) costs an one time cost of 1,000 to 2,000 US dollars (estimated).

c) usually the whole process takes around 1 month.

d) You can get a BUSINESS VISA for the whole year, if you register as a company. This visa only costs 100 dollars a year. A good way for a businessperson to stay in Nepal without Visa hassles.

e) Nepali Bureaucracy is lethargic but with the right legal counsel and help, you should have a easier time registering your company and on your way to get ownership of whatever you are looking for. I saw examples of a few Americans doing the same to buy lands and open houses/resorts in nepal.

let me know if you have any questions .

To tax or not:

A tough question.

I am of the philosophy that i would rather give an employee more money in her hands than to the government who (i believe) takes that money and doesn’t do crap with it.
I feel that a government which taxes little helps creators create more and better in turn, helps employees, and other honest workers get more money.

In turn they spend more money. And that flow of money stimulates the economy, especially in Nepal, where people just save, save and save and don’t do much with it OR give it to the government for taxes.

Well… I don’t like the Nepali tax office because it makes you wait to pay your money to them. Their rudeness defies standards of decency.
Name a business you go to, where you have to wait and wait to submit money and “virtually gain nothing in return”. That business happens to have a name. The government of Nepal.

What do you think ? Should a business cut taxes of its employees and give it to the government or should it give all the money without taxes to the employee ?

The recruiting dilemma in Nepal right now

These days, we seem to be in odd position here at Digital Max Solutions ( A Web applications development offshore company in Kathmandu, Nepal). We have steady work coming but not enough developers to grab these new exciting works.To date we have tried a few tactics:

Recruiting from placing advertisements in paper or online. (Kantipur daily & Himalayan times-Wednesday listings)

Recruitment from local recruitment agencies (headhunters). We used “Real Solutions” a local head hunter agency.

Word of mouth (through ex-associates or current)

The best is as always through Word of mouth and from recommendations from associates presently working with us and ex-associates.So i have to say so far, the best way to recruitment is from personal viral marketing (viral recruiting actually!). We are hiring from the local competitive IT market. Its a tough recruiting since most young people are increasingly opting to try their hand at the “greener pastures” on the other side. (By other side, I mean, USA, Australia, South Korea, Japan, UK or even some other non english European countries).Interesting dilemma as a CEO.How do we make an IT industry here in Nepal, and increase the clout of the industry when the young talented people who are here, will not stay here to support the pillars ? What do you think ?
Ujw