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Stan Rogers
Joined: 20 Aug 2010
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 Posted: Thu Oct 16, 2014 2:21 am Post subject: |
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| Ya all ain't got Jang and ya all ain't served in the Korean army so you'll always be an outsider. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Thu Oct 16, 2014 2:40 am Post subject: |
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| Stan Rogers wrote: |
| Ya all ain't got Jang and ya all ain't served in the Korean army so you'll always be an outsider. |
Yes, and you can have a network. |
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happiness
Joined: 04 Sep 2010
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| Posted: Thu Oct 16, 2014 5:29 pm Post subject: |
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| KimchiNinja wrote: |
| Stan Rogers wrote: |
| Ya all ain't got Jang and ya all ain't served in the Korean army so you'll always be an outsider. |
Yes, and you can have a network. |
Of course you can, and it depends on what you offer. I have one person whose been a huge help to me and they asked me to get them something from the US on my CC. Paid me beforehand and it created a many year relationship, where they have been more than useful to me. One more friend has been with me because I helped him with his guitar years ago, were still good friends.
My point is people anywhere anytime need networks, the smarter people know how to market themselves and know what they can share. I think maybe 10+ years ago, being a NET was enough, and in some cases it may be, but not anymore.
If you just offer English, you can do something with that too maybe.. |
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edwardcatflap
Joined: 22 Mar 2009
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| Posted: Thu Oct 16, 2014 6:16 pm Post subject: |
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You guys are averaging 0% correct, with your "100% guaranteed" statements. Hit a high of 25M gross / month (not counting investment income) last year. Network played some part. Back on topic...
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I think the idea is that a 25 year old basket weaving graduate living out his fantasy online would write precisely this kind of thing on an anonymous TEFL Internet forum |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Thu Oct 16, 2014 7:24 pm Post subject: |
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| happiness wrote: |
| I have one person whose been a huge help to me and they asked me to get them something from the US on my CC. Paid me beforehand and it created a many year relationship, where they have been more than useful to me. One more friend has been with me because I helped him with his guitar years ago, were still good friends. |
Yup, loaning money, even large amounts, and thinking nothing of it is common within the personal networks here. I think if I asked my US friends for money they would find it quite uncomfortable "climb out of the hole you dug for yourself buddy". My KR friends would be like "Kakao me your bank info, done EOD".
"Proximity between group members represents a kind of social insurance, with help in times of hardship." |
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radcon
Joined: 23 May 2011
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| Posted: Sat Oct 18, 2014 3:27 pm Post subject: |
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| KimchiNinja wrote: |
| happiness wrote: |
| I have one person whose been a huge help to me and they asked me to get them something from the US on my CC. Paid me beforehand and it created a many year relationship, where they have been more than useful to me. One more friend has been with me because I helped him with his guitar years ago, were still good friends. |
Yup, loaning money, even large amounts, and thinking nothing of it is common within the personal networks here. I think if I asked my US friends for money they would find it quite uncomfortable "climb out of the hole you dug for yourself buddy". My KR friends would be like "Kakao me your bank info, done EOD".
"Proximity between group members represents a kind of social insurance, with help in times of hardship." |
This is true. Koreans often loan each other money. And it often never gets paid back. Often the borrower never had any intention of paying it back. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Sat Oct 18, 2014 4:13 pm Post subject: |
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| radcon wrote: |
| This is true. Koreans often loan each other money. And it often never gets paid back. Often the borrower never had any intention of paying it back. |
This is certainly does not agree with 1) the original article on how Korean network culture works, or 2) happenings in my personal network. You DO NOT make opportunistic moves on your network in KR. That's a great way to get disowned, closing many doors on your future.
You have some first hand experience on this that you are going to share? Or you are just making things up on the internet? |
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edwardcatflap
Joined: 22 Mar 2009
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| Posted: Sat Oct 18, 2014 5:53 pm Post subject: |
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Why would a friend ask another friend to borrow a large sum of cash? The chances are because they're bad with money/gamble/take drugs etc..they want to start or bail out their own business, or a combination of the above. You'd have to ask yourself why they couldn't get it from the bank.
If it's to start/bail out a business, the chances are that the business will fail. Of course I 'm sure Kimchininja's network comprises highly successful dynamic business people who never made a bad decision in their lives but the reality isn't like that for the majority. An ex Gf of mine was in hock to a friend for 20 million won or so, which she lost and couldn't pay back, for setting up a coffee shop or some other such crappy idea. I found this out from someone else. Of course they weren't talking to each other. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Sat Oct 18, 2014 6:40 pm Post subject: |
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| edwardcatflap wrote: |
Why would a friend ask another friend to borrow a large sum of cash? The chances are because they're bad with money...
I'm sure Kimchininja's network comprises highly successful dynamic business people who never made a bad decision in their lives... |
I'm just explaining how things work here.
No, someone in my network DID have a problem, that's how I know how this stuff works. Dude married some hot psycho, she took all his money. Yes that makes one wonder about this dude's decision making capabilities. But friends here don't kick you when you are down (as the OP points out, networks are a form of insurance against bad times). My K-buddy loaned him 50M without thinking twice. When we discussed this he said "I don't even ask when he will pay it back, I know he will, and there are more important things than money anyhow".
Again, this goes back to why it is so hard to gain entry to an inner circle network; people screen new members, knowing that if they accept you they must stand by you later. Nobody wants some fool gaining entry into their network, and then dragging all of them into bankruptcy. They will cut this guy off if it gets that bad, but I've met him and he seems solid. He just made a mistake, everyone does eventually.
This differs from the Western way of doing things. You illustrated Western thought correctly: "he's probably hopeless with money, on drugs, whatever, let him fix his own problems. |
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edwardcatflap
Joined: 22 Mar 2009
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| Posted: Sat Oct 18, 2014 7:37 pm Post subject: |
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| My point was just that if you lend a lot of money to a friend there 's a strong possibility that you won't get it back. If you can afford to,lose it and your own wife/family are ok with it, fair enough. I don't think you can call it 'kicking someone when they're down' either, if you refuse to lend someone money when they've wasted their own on bad decisions. If a friend of mine's hot psycho girlfriend took all his money I would be very sympathetic but I'm pretty sure he wouldn't expect me to subsidize his love life. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Sat Oct 18, 2014 7:49 pm Post subject: |
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| edwardcatflap wrote: |
| My point was just that if you lend a lot of money to a friend there 's a strong possibility that you won't get it back. If you can afford to,lose it and your own wife/family are ok with it, fair enough. I don't think you can call it 'kicking someone when they're down' either, if you refuse to lend someone money when they've wasted their own on bad decisions. If a friend of mine's hot psycho girlfriend took all his money I would be very sympathetic but I'm pretty sure he wouldn't expect me to subsidize his love life. |
Yes, this is the Western view, we all know how it works there. This thread is about how things work in Korea. |
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edwardcatflap
Joined: 22 Mar 2009
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| Posted: Sat Oct 18, 2014 8:14 pm Post subject: |
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| I get that. You like to argue Korean ways are better, by using expressions such as 'friends here don't kick you when you're down'. I was defending the 'Western way' such as it is. Although networks are hardly unknown in the West either. We have the old boy' network in the UK and there's the masons and other such organizations. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Sat Oct 18, 2014 8:25 pm Post subject: |
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It's just an educational topic for the 1% of Dave's who want to thrive abroad. Feel free to argue endlessly on the internet, and then later complain endless on the internet when things suck for you.  |
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edwardcatflap
Joined: 22 Mar 2009
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| Posted: Sat Oct 18, 2014 8:43 pm Post subject: |
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| Wasn't interested in that bit as I don't live in Korea any more and work for a UK company but I'm sure all the teachers on here will appreciate finding out how things work at their Korean schools from an American who used to work in the finance industry. |
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KimchiNinja
Joined: 01 May 2012
Location: Gangnam
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| Posted: Sat Oct 18, 2014 8:55 pm Post subject: |
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| edwardcatflap wrote: |
| Wasn't interested in that bit as I don't live in Korea any more and work for a UK company but I'm sure all the teachers on here will appreciate finding out how things work at their Korean schools from an American who used to work in the finance industry. |
No, it's highly unlikely anyone on Dave's will learn anything. |
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