La Pari-Pari : Where We Are

Some of you have been asking about progress on La Pari-Pari. Some of you even think that it is already under construction.

The truth is we're only in the early stages of La Pari-Pari's lifecycle folks. It takes (as we have found out) a lot longer to build a resort from scratch than it does to set up a shop in a mall. After all, we have to build our "shop" from scratch.

So here's where we are now, exactly:

Scene from one of our face-to-face

meetings in Ijam's apartment.

The last six months and change have been spent deep in design. La Pari-Pari was drawn and brought to paper life mainly across phone and Internet lines, with Ijam and us periodically meeting face-to-face in between. And even then, meetings have been far less than formal :-) Perhaps it's an indication of our life to come on the island?

My sister Karen, the other initial partner-in-crime who started

this whole thing. And yes, this IS a meeting!

It's been interesting for me - seeing how a business is built from scratch - as I've never been a true-blue entrepreneur before. I've always worked for people. So now, when I read about other entrepreneurs talking about how their business empires began at kitchen tables and in dining rooms, I completely get it. They literally mean what they say. I know we do, when we say that ours was given birth on tables in two different locations 45-mins flight apart.

Now that design of the resort's structure is done, it's on to interiors. Here's where I get to take out my proverbial box of crayons and have some fun!

Also on the cards are dealing with the quantity surveyor, contractors, engineers, etc, etc, etc - all just to get the documents ready for submission to the land office!

And this is BEFORE we even go to the banks for money :-)

With some luck and a lot of pushing, in about a month we should know what La Pari-Pari not only looks like from the outside but the inside too. And, we will have a logo!

Then, some time in September, we will go knocking on bank doors for the funding. If any of you can point us in the right direction, do holler!

Silver Linings

View from La Pari Pari's backyard - those are paddy fields behind the white tree

Several people have remarked at the boldness of our attempt to break away from our established lives and start a completely new one in a different place and different industry than the ones in which we both currently work.

Sure, there have been times we've wondered whether this apparently mammoth task is too huge for us to handle.  Things have appeared daunting in moments.

Take for example, the issue of (again), money.  I think by now everyone knows the turmoil our financial markets have been in for a good oh, six or nine months, depending on how far back you feel it all started tumbling down.  For a start-up company, this can sometimes mean certain death.  

As a first-time entrepreneur with no track record, the one thing you rely on for your initial cache of cash for capital is your own.  A year ago, according to our calculations, we had more than enough to fund the necessary things that needed to be put in place before we go to the financial institutions to get a loan for the construction of La Pari Pari.  Money for the purchase of a piece of land, money to hire an architect to help us design the resort, money for a land surveyor, etc, etc, etc.

But as of six months ago, half of it disappeared along with the dizzy descent of our financial markets.  

It left us with an interesting conundrum, at the very least.  Where were we going to get the additional resources to bankroll our project?  After all, we couldn't go to the bank with merely a business plan and no visual depiction of the dream we wanted to build.  Unlike other things, a resort is sold largely on its visual appeal and of course, over time, its service.

In retrospect, I think that was when we faced our first real big hurdle as business owners.  And I am sure, it won't be the last time.

Thankfully, after months of thinking laterally and being just darned tenacious, along with some interim help from Dad (yes, even he's been roped in), we managed to more than scrape through.

In less than two weeks, we will be off to Langkawi to make our final payment for the land on which La Pari Pari will sit.  This is a big deal in terms of our project's progression.  Once we initiate the transfer of the land title to our name, we begin the process of converting the land's status from agricultural to commercial, allowing us to then build on it.

Without all that, we can't go to the banks and ask them for money to build La Pari Pari!

So, the lessons for us have been:

1. If you look hard enough, you'll find a way out of a jam.

2. In fact, if you persevere enough, it'll probably serve as your best tool for getting your self out of the crack you've fallen into

3. Prayer, and a supportive Daddy go a long way :-)

Money, Money, Money

Money is such a complex thing, especially when you're trying to figure out how to get more than you have.

Last night, over dinner, we were talking to a couple of friends about our Langkawi project and the conversation turned inevitably to the question of money.  Anim, Pari-Pari's Ms. Moneypenny has, over the last few months become quite the expert, having spent hours braving traffic jams and patiently waiting for bank officers to come back from their tea breaks and prayer breaks, medical leave and goodness knows what else can cause absence from their posts.  

And what we have discovered, in our naivete, is this:  if you need money, chances are, there is a way to get it.

Malaysians are a funny lot.  Many of us are disgruntled citizens, always moaning about the wastage of our taxpayers' money, the bloat of Government coffers and those of the corrupt.  Yet, many of us have actually done little to try and get hold of some of that funding ourselves, including Anim and me.

Until now.

We've decided that since our tax dollars are already going to unscrupulous hands, we might as well get our hands on some - so we can use it the right way.

This is, as I was telling my Mom this afternoon, how we fight back at the system.  

On one of her recent visits, Anim met with a Government officer who generously dispensed advice on how we could apply for matching grants to help us get up and running.  And he said, "You know, 89 per cent of those applying for these grants are Chinese.  The Malays, they're just too lazy!"

Apparently, even the exercise of obtaining three quotes from one's supplier is considered too much of a hassle for some of our Melayupreneurs to bother!

How la, to do business like that???

This reminds me of an incident that happened about a week and a half ago.  At 7:45 am on a mid-week morning, 15 minutes before my alarm was set to go off, I got an SMS.

"Ms Karina, this is Pakcik Mokhtar, the man who showed you the piece of land you bought.  Congratulations on your purchase, but I also know you're actually a land broker your self and have since sold the land to someone else."

Five minutes later, another SMS came from him: "You should give me some commission, since I was the one who originally showed you that plot."

It amazes me how people seem to think money is something that should be given in return for zero effort.  I've always had to work for every cent, so I don't understand this mentality.  Even if I was a land broker in this instance, I hardly owed the man anything, since the land already belonged to me.

In the end, we contacted our lawyer who advised us to just sit tight.  But not before I had got out the wrong side of bed a little too early for my liking and spewed out curses for the next three hours.

It's a wonder Athena, our live-in Boxer hasn't tried running away from her Evil Mommy yet.