Previously, the only place for people to get Chinese chestnuts was Chinatown. He invested part of his money into selling the first product-baked ready-to-eat Chinese chestnuts-targeting women who did not want to get their hands dirty cracking the chestnut shells. He dropped out during his freshmen year in a private university to start a business. ![]() His initial capital came from trading characters and points earned from playing on-line games. BACKGROUND OF THE ENTREPRISE AND THE ENTREPRENEUR Tao was established in 2004 by Kulapngvanich. The unit of currency is the baht at 33 baht per U.S. Situated in the Central region, Bangkok is the capital city and is the center of political, commercial, industrial and financial activities. The country is comprised of 76 provinces divided into 4 regions: Central, North, Northeast, and South. Chinese and other ethic groups have assimilated into the Thai culture although the Chinese are more likely to reside in urban areas and engage in business. Thailand’s population is relatively homogeneous with Thais as the majority followed by Chinese and other ethnic groups. As a tropical country its temperature ranges from 23C to 32C. Thailand is about the size of France and its total population in 2009 was 66 million. BRIEF COUNTRY BACKGROUND Known as Siam in the past, Thailand is in the center of Southeast Asia surrounded by Laos, Myanmar (Burma), Cambodia, and Malaysia. He became a millionaire at a tender age when his trade volume reached 75 million baht in 2005. The machines to produce the snacks cost almost 10 million baht. ![]() Tao kae noi headquarters is located on a small plot on the outskirts of Bangkok, Thailand. But you can’t think just for today or tomorrow when doing business, you have to look much further than that,’’ said who founded a seaweed snack business, Tao noi, in 2004 when he was only 19 years old. ‘‘I like to eat seaweed and chestnut and that’s why I am in this business.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |