Site Search:
 
Speak Korean Now!
Teach English Abroad and Get Paid to see the World!
Korean Job Discussion Forums Forum Index Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

plausible business ventures if you were here long term

 
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> Off-Topic Forum
View previous topic :: View next topic  
Author Message
sadguy



Joined: 13 Feb 2011

PostPosted: Sun Mar 27, 2011 8:01 pm    Post subject: plausible business ventures if you were here long term Reply with quote

if you're in korea for the long haul, what would you want to do? be a teacher? or eventually do something else?

i don't see myself teaching esl forever. i'm thinking about eventually opening up a business. i thought a little food shack would be nice, i like to cook southeast asian food, and there's no real authentic viet restaurant in seoul. but then i thought some more... my family owns their own hair and nail shop back in the states. all of my aunts and uncles do.

do you think it'd be profitable to have a nail shop here? i've seen a few prices and they seem to charge more than in the US. plus, you're selling a service, not a product, so there'd be very little inventory to worry about, and you wouldn't need a big shop.

and women in korea are always trying to look nice.

what do you think?
Back to top
View user's profile Send private message
hondaicivic



Joined: 01 Jul 2010
Location: Daegu, South Korea

PostPosted: Sun Mar 27, 2011 9:00 pm    Post subject: Re: plausible business ventures if you were here long term Reply with quote

sadguy wrote:
if you're in korea for the long haul, what would you want to do? be a teacher? or eventually do something else?

i don't see myself teaching esl forever. i'm thinking about eventually opening up a business. i thought a little food shack would be nice, i like to cook southeast asian food, and there's no real authentic viet restaurant in seoul. but then i thought some more... my family owns their own hair and nail shop back in the states. all of my aunts and uncles do.

do you think it'd be profitable to have a nail shop here? i've seen a few prices and they seem to charge more than in the US. plus, you're selling a service, not a product, so there'd be very little inventory to worry about, and you wouldn't need a big shop.

and women in korea are always trying to look nice.

what do you think?


If I have an F-visa, I might do so. But, I don't plan on marrying a Korean, so no I don't I'm going to be here long term.
Back to top
View user's profile Send private message
ThingsComeAround



Joined: 07 Nov 2008

PostPosted: Sun Mar 27, 2011 9:47 pm    Post subject: Reply with quote

I would like to tell you your authentic plan is going to go over well, but you'd better have the ambiance of a SEAsian dive or change the recipe quickly or it won't work. Depending on who you market to, Koreans or 'other', will determine if you are a success or not.

Personally, I'd rather not own my own business. Partner, sure. Another field, okay. But my own business? Nah. I like holidays and time away from work Smile
Back to top
View user's profile Send private message
hittheball



Joined: 23 Mar 2011
Location: Korea, Seoul, Kang Nam

PostPosted: Sun Mar 27, 2011 9:58 pm    Post subject: .. Reply with quote

Hi.. I am a Korean who is working in Gwangju. I can understand what you mean. But I think it is very dangerous to have you own business here because there's only a few people earning lots of money through the business. first of all, when you is about to open your business, you feel the money you need is extremely much. (I think it will be at least 300million won in any case generally.) Then, it is hard to survive in the market because you have to invest more money as time passes. If you have lots of money and don't know how to spend them, it is okay. But hair shop or nail shop, I think it will be harder than other business i think so.;; no offense

and sorry if you don't understand me, actually i am not good at English ;;
Back to top
View user's profile Send private message AIM Address Yahoo Messenger MSN Messenger
jfromtheway



Joined: 20 Nov 2010

PostPosted: Sun Mar 27, 2011 10:57 pm    Post subject: Re: .. Reply with quote

hittheball wrote:
Hi.. I am a Korean who is working in Gwangju. I can understand what you mean. But I think it is very dangerous to have you own business here because there's only a few people earning lots of money through the business. first of all, when you is about to open your business, you feel the money you need is extremely much. (I think it will be at least 300million won in any case generally.) Then, it is hard to survive in the market because you have to invest more money as time passes. If you have lots of money and don't know how to spend them, it is okay. But hair shop or nail shop, I think it will be harder than other business i think so.;; no offense

and sorry if you don't understand me, actually i am not good at English ;;


Something like that which is cosmetically oriented would probably not necessarily be a bad investment, especially if you have that many (Vietnamese?) family members in the business. That's my 2 cents, but I got 19.98 on hittheball owning all the hair and nail salons in Korea, so you'll probably have to take him out first.
Back to top
View user's profile Send private message
sadguy



Joined: 13 Feb 2011

PostPosted: Sun Mar 27, 2011 11:10 pm    Post subject: Reply with quote

the thing about a hair and nail shop is that it caters to women. women are the everyday consumers. men make big purchases, women make smaller ones. and in this society, they always want to look dolled up. there's a demand for it, and there's plenty of supply, but a lot of times, it depends on location and convenience. of course i wouldn't go into this venture alone. i'd come up with a business model and propose it to other people who want to invest.

and for people who say they dont' want to be a business owner because they want to have vacation days? have you ever thought of having someone else run your store while you're away?
Back to top
View user's profile Send private message
Paddycakes



Joined: 05 May 2003
Location: Seoul

PostPosted: Sun Mar 27, 2011 11:14 pm    Post subject: Reply with quote

Start a Coffee Shop... there's only about 5 of them on every corner now... why not make it 6!
Back to top
View user's profile Send private message
Mr. Peabody



Joined: 24 Sep 2010
Location: here

PostPosted: Sun Mar 27, 2011 11:19 pm    Post subject: Reply with quote

Have you seen how many hair and nail shops are in Seoul these days? They're right up there with coffee shops. Better jump on the band-wagon quick!
Back to top
View user's profile Send private message
sadguy



Joined: 13 Feb 2011

PostPosted: Sun Mar 27, 2011 11:24 pm    Post subject: Reply with quote

Mr. Peabody wrote:
Have you seen how many hair and nail shops are in Seoul these days? They're right up there with coffee shops. Better jump on the band-wagon quick!


there are plenty, and they are usually always full. at least the ones in my area.
Back to top
View user's profile Send private message
lawyertood



Joined: 17 Jan 2003
Location: Seoul, Incheon and the World--working undercover for the MOJ

PostPosted: Sun Mar 27, 2011 11:46 pm    Post subject: Reply with quote

I've got a great idea!


Call it "Nails and Studs."(TM) Sort of a Chippendales meets chipped nails. Get studly men in scanty clothes to entertain the ajumas while they are getting their nails done.
Back to top
View user's profile Send private message
Mr. Peabody



Joined: 24 Sep 2010
Location: here

PostPosted: Mon Mar 28, 2011 1:55 am    Post subject: Reply with quote

sadguy wrote:
Mr. Peabody wrote:
Have you seen how many hair and nail shops are in Seoul these days? They're right up there with coffee shops. Better jump on the band-wagon quick!


there are plenty, and they are usually always full. at least the ones in my area.

Yes, I agree. The ones is my neighborhood always seem to have a few ladies getting their nails done. If you actually have some experience in this business, I say strike while the iron's hot.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    Korean Job Discussion Forums Forum Index -> Off-Topic Forum All times are GMT - 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


This page is maintained by the one and only Dave Sperling.
Contact Dave's ESL Cafe
Copyright © 2018 Dave Sperling. All Rights Reserved.

Powered by phpBB © 2001, 2002 phpBB Group

TEFL International Supports Dave's ESL Cafe
TEFL Courses, TESOL Course, English Teaching Jobs - TEFL International