Hi guys,
I'm currently looking at starting a business involving medical tourism (mainly plastic surgery) for Australian clients to South Korea.
There is a big medical tourism market in Australia (relative to population), though currently most go to Thailand due to cheaper cost. South Korea has a booming medical tourism market which Australians do not use due to the absence of a medical tourism agency and flight expenses.
However, in 2020 Jet Star (one of Australia's largest domestic carriers) is planning on setting up a cheap direct flight from Gold Coast to Seoul (about $500 Australian return)
I have the networks/contacts to set up the business in both Australia and Korea, but am unsure whether the business will be economically feasible.
While South Korea has some of the best medical facilities in the world (far better than here and in Thailand, our main competitor) I am unsure that will be enough demand - this is because the price for the surgery is comparable to those in Australia.
Any thoughts/suggestions would be extremely helpful.
Thanks in advance.
I'm currently looking at starting a business involving medical tourism (mainly plastic surgery) for Australian clients to South Korea.
There is a big medical tourism market in Australia (relative to population), though currently most go to Thailand due to cheaper cost. South Korea has a booming medical tourism market which Australians do not use due to the absence of a medical tourism agency and flight expenses.
However, in 2020 Jet Star (one of Australia's largest domestic carriers) is planning on setting up a cheap direct flight from Gold Coast to Seoul (about $500 Australian return)
I have the networks/contacts to set up the business in both Australia and Korea, but am unsure whether the business will be economically feasible.
While South Korea has some of the best medical facilities in the world (far better than here and in Thailand, our main competitor) I am unsure that will be enough demand - this is because the price for the surgery is comparable to those in Australia.
Any thoughts/suggestions would be extremely helpful.
Thanks in advance.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
