The next generation of real estate entrepreneurs should know this business strategy

Most start-up entrepreneurs do not have a lot of capital, they seek from all backgrounds using their ideas as capital to generate cash. Starting a real estate business Many people understand that unless they have a large amount of capital, they can do business differently. But the reality is, unlike all perception, we can start from small to big.

Of course, Business Cambodia is always showing the way to the fans who always read articles in the first place of business without the use of capital as a way to get creative. Because of the experience many successful entrepreneurs, especially in Cambodia, who came from poor families, used their capital to make a successful business. And we've also seen some people make lots of money and go out of business, and their business is failing.

As for the real estate business, the most important capital of the unyielding capital comes from strong teamwork, a clear vision, and a willingness to work together. Although this may seem a bit daunting, it certainly shows the strength of your team to work hard together.

At this point, we must have a clear working group, at least with a shared vision in the real estate business. But it's not always easy to find people who share the same passion and vision, but working together for a period of time you will find the right people to collaborate with.

In fact, Cambodian tycoon Oknha Sea Rithy used to say, "It is better to eat a big cake with lots of people than to have a small pie alone."; the idea showed that he focuses on investment cooperation rather than investing alone. Indeed, most of Oknha’s investments involve local and international partners on major development projects, both residential and condominiums, and are always successful.

As a rule of thumb, this is a great path for start-ups and not as capital intensive as big companies, though the losses aren't too bad.

As another example, Chhum Chhon, the owner of the real estate developer, started out in a bankruptcy and is in debt but he restarted the land business by investing together until successful. But if he wants to invest in his own business, wait until he can get enough and maybe lose the opportunity to invest. (This news came from Business-Cambodia.com)