The Tamil Creator (Ep.4): Micro-Business Investor Chen Vasanthakumar Talks About Buying A Business For $0K And Selling It For $60K
Micro-business investor Chen Vasanthakumar joins Ara to drop some knowledge on the best places to find and buy a micro-business, and how to assess if it will be profitable.
Ara Ehamparam
Business Owner
Toronto, Canada
Post image
 
Some of the other topics they discuss include Chen’s passion for travel and learning about other cultures, being in Barcelona at the height of the pandemic, ambitiously working towards the goal of having his family and friends possibly thinking he has a few screws loose, and his newfound love for Teslas.
 
***To support the work we do to tell creator stories around the world, become a VIP fan - CLICK HERE!***
 
"The Tamil Creator" is a podcast started by me (Ara Ehamparam). As someone who is extremely inquisitive by nature, I created the podcast to chat with, spotlight, and learn about brilliance among creators in the Tamil community - and among creators in general from all over the world. 
 
To get more information, please visit the website at TheTamilCreator.com.

00:15 - Introducing Chen Vasanthakumar

02:45 - How Chen’s corporate finance background, and a friend from middle school, spurred his interest in buying businesses

09:49 - Buying his first business for $0, running it for less than a year, and profiting $60K

12:47 - Taking some time off to travel, network, and evaluate Southeast Asia

14:09 - Finding a needle in the haystack business on Flippa

17:40 - The impact of COVID and the lesson Chen learned about mitigating risk

19:52 - Chen’s next move after buying a travel based business at the height of the pandemic and remote work visas

24:00 - The difference between behere (https://gobehere.com) and Airbnb 

25:54 - The best place to find and buy businesses

31:32 - Doing the de-risking yourself to make more money

34:35 - Where Chen sees himself in the next 3-5 years

35:56 - Wanting to be remembered by friends and family for going against the grain

37:11 - Chen’s favourite book (Shoe Dog)

39:33 - Embracing a marathon mindset

41:47 - Chen’s connection to the Tamil community on a personal and professional level

45:36 - Chen pays respect to Shiv (co-founder of TamilCulture)

47:09 - Tim Ferris almost made Chen quit his job, Nipsey Hussle being the only rapper who rapped openly about entrepreneurship

50:11 - Would You Rather

55:40 - Wrap up

 

**Looking to create your love story? Join the other couples who have dated and got married through myTamilDate.com!***

"How France Met Canada: A MyTamilDate.com Love Story"

"How a Message on myTamilDate.com Led to an Engagement for Lavanya & Vitharan"

***CLICK HERE to listen to us on Spotify!***

Related Articles:

Ara Ehamparam
Business Owner | TamilCulture.com
Toronto,  Canada
Podcast Host: @TheTamilCreator Co-founder: @ContinyouCare Community Builder: @TamilCu...
Podcast Host: @TheTamilCreator Co-founder: @ContinyouCare Community Builder: @TamilCu...
You may also enjoy these
Tamil Innovators: Lakshmi Rengarajan on the Intersection of Modern Dating, Work, and Authentic Connections
Lakshmi Rengarajan, host of The Later Dater Today podcast, is a former leader at WeWork and Match.
Unmasking Australia's Asylum-Seeking Process: 'You Have Been Told A Lie' Podcast Spotlights the Nadesalingam Family's Fight for Justice
Lawyer and producer duo Thinesh & Jay's podcast tells the story of a rural Queensland town rallying behind an Eelam Tamil asylum seeking family.
Tamil Innovators: Building a Dynamic Corporate Career with Kumi Somaskandan
Kumi Somaskandan is the Global Head of Sponsor Processing at Manulife, with past leadership roles in the hedge fund and private equity industry.

Jenani & Nav

met on myTamilDate
Join for Free Today
Madhu & Nia
met on myTamilDate
Join for Free Today
Network with TamilChangemakers
close
Stories
Videos Podcasts