new to the forum, looking at position in Dubai

[Jace]

HI, I'm in discussion right now with a guy in Dubai, for a position where I would be a partner and we would do equal profit-sharing.... He has invited me to spend one week there to meet one another and to discuss the position/company in more detail. I have never been to Dubai so this is an opportunity to be in the country as he and I talk about this alliance. (its rather expensive to do this, he has offered to pay for the hotel and expenses if I can get a flight... but I've asked him if he'd cover the whole thing. After we meet, it is possible I could move to Dubai, as soon as this summer... June - August...
He told me that my income potential is "unlimited"... but I want to get some clear minimum numbers... If I had my apartment, car, cell, health covered, what kind of salary would I want to earn to make it all a good thing.... ??? anyone got any feedback???

[Elphaba]

Hello Jace

Many of the other threads have discussed salaries. If you have no other expenses at all, you can live very comfortably on AED 15k pm. Many will do well on less, but it depends on your definition of lifestyle...

Curious as to what this lucrative business with the unlimited potential might be. I'll just say that the streets of Dubai are not paved with gold.

[Jace]

thanks Elphaba! I am actually coming to Dubai on April 22nd, to meet a potential business partner where we will be in equal profit sharing... We are going to discuss this and I will spend a week there, getting to know him, what Dubai is like, and to see what is "on the table".... This is a Spa Consultancy business... I am with you in the "unlimited" part... his words not mine :-)

I do want to have an idea of what to expect, and also to have knowledge, and be prepared to ask for what I want and need.... and at this point I can pretty much put my own "job description" together and also propose a plan with him. ..... I'm excited, and its all coming together, but I want to be practical as much as anything else too!!

[Elphaba]

Good luck!

You may want to pop along to the drinks I am planning to arrange on 23rd April - venue to be confirmed.




-

[Jace]

.... postponed the trip... but you know I'll be checking the Forum to hear the feedback after you all get together!!!

(not sure now on ETA to Dubai.... looking for another company to work for)

Jace

[avikal]

I have seen many people calling in partners to guage them......but have also seen these trips getting cancelled, because the partner in Dubai is serious.

[Jace]

thanks for your reply, I don't think I understand what you mean.. :-)

[avikal]

Dear Jace,

What I mean is, at times partners here are not serious, still they rope in overseas professionals to visit them, just to guage.

Be wary when someone does not talk in definite figures. If you are starting business, get your local partner to provide for at least first 6 months, and dont expect any business to give return before 6 months.

Thats what I mean.

Regards,

Avikal

[Elphaba]

Originally Posted by avikal

Dear Jace,

What I mean is, at times partners here are not serious, still they rope in overseas professionals to visit them, just to guage.
Be wary when someone does not talk in definite figures. If you are starting business, get your local partner to provide for at least first 6 months, and dont expect any business to give return before 6 months.

Thats what I mean.

Regards,

Avikal

Guage? This is not an English word


-

[LewisSGreene]

Hello Jace,

Would sort of position would you be doing in Dubai?

Lewis Greene