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Im gonna invest in an internet cafe in philippines

Discussion in 'Making Money' started by macbaren, May 10, 2013.

  1. macbaren

    macbaren BANNED BANNED

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    I have been thinking how i will invest all the fiverr money im making, and my sister in law asked if i could invest some money, so she could start an internet cafe. i said yeaa sure but i will be the owner and she will just manage it:)

    Im soooo excited about this:)
     
  2. Leith

    Leith Jr. Executive VIP Jr. VIP Premium Member

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    Hope it goes well for ya!
     
  3. Mr.Boss

    Mr.Boss Junior Member

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    good luck i am sure you will succeed in it :)
     
  4. RushingWind

    RushingWind Elite Member

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    Internet Cafe huh? Well, if you opened one here in Sw, then you would definitely succeed. Most students of my age go to Cafes regularly.
    Anyway, good luck and hope you become the next Bill Gates ;)
     
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  5. addetpao

    addetpao Junior Member

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    Internet Cafes here in the Philippines are very saturated and hardly profitable IMO. Typical rates per hour is P15. Imagine, you would have to wait for 1 whole hour just to earn P15, maximum rental profit per pc then if your cafe is busy would be P360 = $9 for a pc running 24 hours. Then there's the insane electric bill, constant brownouts here in PH which shuts down the business for hours.

    But if you already planned this out and studied it, Good luck man!
     
    Last edited: May 10, 2013
  6. ice41

    ice41 Power Member

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    Make sure you have all the proper (legal) permits and licenses. Location is another thing to remember! Good luck kabayan! :)
     
  7. santhu

    santhu Power Member

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    Good Luck With Your New Venture....:)

    Wishing Everything Will Go Fine In Your Way.
     
  8. orzyman

    orzyman Senior Member

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  9. rulez05

    rulez05 Power Member

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    I'm from Philippines and I have internet cafe before and I close to focus on my web development skills maybe I can help you guys ;)

    anf internet cafe here in Philippines is good because not everyone have there computer and the teens are addicted to games the only problem they may face is computer maintenance if they can't do it on there own
     
    Last edited: May 10, 2013
  10. healzer

    healzer Jr. Executive VIP Jr. VIP Premium Member

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    If you're in need of some internet/server/computer security feel free to hit me up ;)

    I'm sure it'll all work out great!
     
  11. macbaren

    macbaren BANNED BANNED

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    yeah exactly not many have computer and the nearest internet cafe is miles away. Her father is gonna build the whole house where the internet cafe is gonna be in
     
  12. danailo

    danailo Senior Member

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    All the luck. God bless.
     
  13. besupreme

    besupreme Regular Member

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    Hey this is great, congratulations, I'm actually from the Philippines too and was also thinking to start an internet cafe, my cousin has one set up and making a good substantial profit from it, as it's located near a school,one thing I suggest to beat your competition (lets hope you don't build one where I plan to) is offer something different within your internet cafe,everyone has almost the same internet cafe eg. computer/snacks....But what has helped my cousins business which I suggested is offering IM services or Web design/Graphic design service, if your gonna be located near a collage or school that would be a good service to provide along with your internet cafe... Congrats once more :)
     
  14. umerjutt00

    umerjutt00 Jr. VIP Jr. VIP Premium Member

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  15. switch_2012

    switch_2012 Power Member

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    good luck mate, also consider installing top/current multi player games, once they get hooked, they'll be there for ages as groups -
     
  16. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    Internet Caffe? That's so 90's
     
  17. Kal-El

    Kal-El Newbie

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    Good luck on your new investment.
    Make sure you have CCTVs out there just to be safe.
     
  18. macbaren

    macbaren BANNED BANNED

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    yeaa thats what im thinking too and not just that boring FIRE IN THE HALL its too boring.

    but lets see as it will take some months, but just the thought of owning a business is sooooooo nice:)
     
  19. macbaren

    macbaren BANNED BANNED

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    Where in the Philippines are you from?
     
  20. omnipotent$

    omnipotent$ Regular Member

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    Good luck on the investment macbaren. Just get all the paperwork straightened out before dropping too much money.