Andrew has spent more than 20 years analyzing and investing in Asian stock markets.
Interestingly Weird Fact:
At age 17 I thought my life was over.
I was voted most likely to die after high school.
Spent 9 months in drug rehab.
How did your journey as an entrepreneur all begin?
Went to University in California.
Then traveled around Asia in 1989, and moved to Thailand in 1992.
My partner Dale and I started a business in 1995, and sales in 1996.
The Currency of the Thai Baht dropped 50% and there was a financial crisis.
We weren’t reinventing the world, just bringing coffee to the market.
Came to Thailand with $2K in my pocket and had nothing but found a job as a financial analyst in the stock market and used that money to finance the business.
Supply of coffee beans in Thailand was low and there was a 99% importing duty so we built a business around Thai coffee.
Chose coffee beans that are robust and more than tasteful.
How did you get into picking stocks in Asia?
Was a manager at Pepsi, studied financing.
Fell in love with Thailand, so sent a letter to universities to teach finance.
In Asia stocks are a wilder ride over here.
What stocks are hot right now?
Zion markets in southern Asia.
1 stock is “Singapore Post” this is a platform of distribution in Asia, to get good rates in the company.
Big Reason Why:
My why is to help others finance their why and I do that through helping them manage their money and helping young people in this world be empowered to take care of their own money.
Biggest Temporary Defeat:
1 hurdle I didn’t think about…
We setup a coffee business in 1995, had big plans, etc. but in 1997 the Thai Baht collapsed which triggered a financial crisis across Asia.
I ran out of money, lost my job at an investment bank and moved into a factory in Bangkok.
Learned sometimes when you’re down you just gotta feel it and keep doing the next right thing.
Weirdest Breakthrough Experience:
It came down to one ratio (return on assets).
Took company A and compared it to every comparable company in all of Asia, then measured it against all of them to rank them.
Over the last couple of months I been developing this product, how do we tell if this company is a world class company?
What are the core factors that makes a world class business?
Profitable growth, high level of profitability.
Then EPS growth, combine these 2 things.
Vision of Andrew Stotz for the future:
Business in good shape and moving aggressively across Asia, my book, You Won’t Get Rich In The Stock Market Until You Change The Way You Think About It.”
I want my nieces and people to come up to me in 10 years from now saying, “You set me on the right track.”
Best Entrepreneurial Advice:
It’s not for everyone.
Know your numbers.
Higher a bookkeeper and accountant.
Demand monthly financial statements.
Favorite Success Quote:
“Good better best, never stop to rest until your good is better and your better is the best.” – Tim Duncan
As a Man Thinketh – by James Allen
If you only had $1K to you name and a laptop computer what would you do to jump start your business?
Get a job, take skills of what I know and get paid for it right away.
Get cash coming in, and working on evenings and weekends.
Get a book out there and podcast.
Try to help someone in their business right there.
Start helping people to build connections.
Have a simple clear message of how to help improve people, solving their problems.
Best Way To Connect With You?
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