Korean Job Discussion Forums

[supergyopo]

Does anyone believe this? The numbers look right, but it seems to good to be true.

Please share your thoughts. I might consider contacting them, but would like some helpful questions to ask.

Thanks.

----------------------------------------------------

BE INDEPENDENT AND MAKE MORE

Are you working at a hagwon?
Do you feel you've reached a glass ceiling?
Want to make more per hour?

Then join us!

We're creating a hagwon that will serve several like-minded independent operators. We already have 4 teachers and we are looking for a few more. Each teacher gets his/her own room. In exchange, that person pays a 10 million won deposit (you get it back at the end of a contract barring no major disaster), 1 million won a month, and 10% of your gross income. Fees include room, utilities, building management fee, coordinator/consultant (for parents), secretary, marketing, copy machine, and more. You will not find a better deal than this to get started as an independent operator. Also, our location is in a very visable area of Gangnam.

If you know how much your hagwon is making off of you and know that you are retaining students well, why not make more for yourself? Although all hagwons charge different prices, consider this:

At 250,000 per student, 20 students is 5 million won a month. 40 students is 10 million won a month. How many students are you teaching?

Visa sponsorship is possible, but may impact conditions.

Alternative payment methods will be considered. Any single part of the three-part payment structure can be reduced, but it will raise one of the others.

Still think you cannot afford it? How about sharing the room with a friend? You: Monday, Wednesday, Friday Friend: Tuesday, Thursday, Saturday

If interested, please email your resume and preferred fee structure to [email protected]

PS
Literature, debate, history, and government are subjects we already have covered and we are not looking for overlap of specific programs. Also, we are only going to take three more teachers.

[CentralCali]

Yes, that's "too good to be true." First off, they're mucking around with pretending that you'll be an indpendent contractor although they'll "possibly" sponsor your visa. That's not kashrut.

[D.D.]

I have this awesome piece of land with gold on it and if you give me 10 million u can share the profits- only taking 100 people so hurry.

or we are buying the Phoenix Coyotes and if you give me 10 million u can be a sports owner and this is going to make so much money.

Or hi I am stuck in Korea and I have saved so much money that I can't get it out of the country. Just give me your moms credit card numbers and I will send the cash to you.


hahhaha I cant believe people even consider these kind of lies. Why don't they just take a percentage of your takings if they are legit. Plus 7 teachers working together equals 7 chiefs and no Indians.

[princess]

I saw this today and I think it is an absolute load of rubbish. I can't stand smart-mouthed, hateful people. Whoever wrote that ad sounds like a wise something, know-it-all. That is not the kind of atmosphere I want to work in. Then they go on to act like they are so great because they are only hiring 3 teachers. Too much selling usually equals a bad place to work...Almost like when a recruiter says the old standard line "I have very good position for you", and it tuns out to be a bottom of the barrel, blacklisted school. Us people who have been here before are on to their mess, and it scares them.

[DAC]

Drop in and check out their facilities. Ask them what kind of marketing they do, and what you are expected to pay for (and/or do yourself), and also look at the room you will be paying for and teaching in. I gather housing isn't provided, as they only make mention of a room (presumably for you to teach in). How would you get students?

Also, I don't know what other institutes are charging for kids/mo, but the chain I worked for didn't charge anywhere near 250,000/mo, but rather maybe 150,000/month.

They're asking you to invest in their business, so I would treat it like you're a customer, and want to know whether your investment is going to pay off or not.

[asylum seeker]

I think there's a very good chance you'd never see that 10 million won again. I heard of someone who sank about that much into a hagwon 'investment' and lost it all.

[vk33]

[meangradin]

[E_athlete]

lol... too bad I dont have 10million on me. I guess I'll keep doing my dead end PS job

[vk33]

[oldfatfarang]

First rules to ask when buying any business /franchise/'opportunity':
- Why is it for sale?
- Why are they selling it if it's making money?
- Why are they asking for a large deposit for you to enter the business (with no guaranteed income). (This usually means they can't sell it as it's not a going concern.)

These questions pretty much answer themselves.

Sounds like just another bunch of hucksters looking to either:
- prop up their failing business,
- scam gullibles into providing large up-front deposits (never to be seen again).

Good luck with this 'opportunity'.

[TheUrbanMyth]

[lifeinkorea]

It could work out, but they need to figure out the location thing. Each person should own a location so there aren't competition issues.

If you make enough, you could get hire someone else to teach at another one and make extra through them. Whether or not the law will allow it is another thing.

[some waygug-in]

My guess is that it's not really legal (although I have no clue), unless all the teachers have F visas or are Gyopos.

Even then, why would anyone want to do this when they could just go it on their own?

[AgentM]