I am excited to share with you, a free e-book full of positive success stories in Nepal for you to read and download! Here is the link.
This short book is full of entrepreneurs of Nepal’s thoughts and advices in the course of 2 years. We will improve this book with future versions.Here are some of the collaborators for this work at Entrepreneurs for Nepal. Happy reading and sharing !
Let me know your thoughts on improving this book in future versions.
If your immediate goal is to earn good money risk-free, and a stable income in Nepal within a space of a few quick years, and you happen to be a well educated Nepali, I recommend you join the non-profit sectors (basically I include non profit donor funded Non Governmental Organizations, multi lateral agencies and the aid industry in Nepal, in this category).
Here are some of my opinionated observations. Take with a BIG pinch of salt! :)
You will earn at least two times more money in the same period in an INGO as you would in most private business in similar positions in Kathmandu. (Safe bet: you will earn much more)
You will get to travel at least four times more. (on average)
You generally work much more hours per week in your business than the 5 day a week, 9 to 5 job in the international non-profits.
You will have more holidays and free time working for an INGO than in a private business.
You have more exposure to international circles and networks (which comes handy in any career moves or further education).
The pressures of working in an INGO may be much relaxing than in a private business. (Almost to the point of boring, some of my friends quip)
And your job security is much better than private firms.
On a regular basis for a few years, I have seen more NGO’s and INGO’s vacancy advertisements (and the largest sized ones too) in Nepal than any business has. I have hardly seen any of my friends in NGO sector find a problem finding another job in the NGO sector. Also my perception is that the NGO sector seem to have a smoother job transition than the private sectors.
On a side-note: for those entrepreneurs amongst you, how about catering your products and services to the deep pocket non profits -INGOs and multi lateral agencies. They are excellent customers with deeper pockets and more will to spend than many private firms, in Kathmandu!
What do you think ?
come to think about it… for an software development firm like ours, this past 6 months been quite an experience.
- “survived a 16 hours a day without (grid) electricity, operating an IT firm “
- “made it through getting drinking water supplies from taps that open for 1 hour every 4 days” “
- “everything and everybody is at least 15% to 30% more expensive since 6 months ago”
- “taking 3 to 6 months to find/hire a single web developer”
- “having one of the most expensive internet service in the world and the most unreliable mobile services”
- ” going through almost every single day a political strikes, city shutdowns and road stoppages for the last 6 months” (see www.nepalbandh.com for proofs)
As an entrepreneur I say , this has been quite a bountiful experience for me and made me into “a guerilla crisis management expert” .
“If I survived this, I can now survive anything.”
I bet a lot of the entrepreneurs here in Nepal can now be classified as” a crisis management expert” ,
Maybe its time to market that skill set too in your resume, if you ever needed to.
In the last year or so, real estate in Kathmandu has skyrocketed. In some places by 100 to 200%. the speculation about its sustainability is a much asked question.
And a certain banker reasons with me:
“the real estate in Kathmandu valley is pretty much stable and will not collapse in the near future.”
His reasoning: If politics gets worse and uncertainties arise, everyone is pouring into the safe Kathmandu valley (the only place of seemingly stability in Nepal) which in turn has a limited area because of it being a valley thus the prices will never crash. (but they might still go up)
If the situation of the country gets better, people will afford more and be able to purchase land at a premium value. and Kathmandu benefits from that being the commercial and political hub.
he concludes: “either way, investing in real estate in Kathmandu is a win win situation.”
but then, “what goes up, will come down”…
An idea roaming around:
would a cafe -lounge with a chilled ambience / atmosphere which invites mostly entrepreneurs/musicians / artists /young passionate people, work as a viable business in Kathmandu ? would it have to be an inclusive place for exclusive type of people (the ones mentioned above ?)
am looking for a place that invities inspiration, passion and an escape away from the mundane and depressing atmosphere in Kathmandu now. Maybe I should open a cafe that does that. Will people come ?
will you come ?