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Becoming Your Own Boss in Korea
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dutchman



Joined: 23 Jan 2003
Location: My backyard

PostPosted: Mon Jan 31, 2005 4:43 am    Post subject: Reply with quote

Zenpickle wrote:

Yes, very smart and logical. Unfortunately, many businesses claim that are not in business for either. They are in business for making money.

Michael Moore responded to a businessman years ago who said that was why he was in business by saying, "Then why don't you just go sell crack? There's more money in it, and you have the lobbyists to make it legal."


What business owner is not in the business for money? It's an employee's mentality to bitch about his/her boss for reaping the rewards of risks that the employee hasn't the backbone to ever take.

Quoting Dan Kennedy from his book NO BS Business Success:

Quote:
The purpose is not to employ people, not to do social good, not to pay taxes. A lot of liberals think those are the purposes of business. Nuts to them. The purpose of being an entrepeneur is to get really, really rich and reward yourself for taking on all the risk and responsibility with exactly the kind of lifestyle you want.
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John Henry



Joined: 24 Sep 2004

PostPosted: Mon Jan 31, 2005 9:47 am    Post subject: Reply with quote

Gotta agree with the above poster. Worked with some pretty dang successful businessmen. They are OK to chat with, but thre's no doubt that they're in it for they money, and there's nothing wrong with that really. If you think a business should be all about creating nirvana like conditions for your EE's, and donating all the profits to the starving children, start your own dang business and do it.
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Derrek



Joined: 15 Jan 2003

PostPosted: Mon Jan 31, 2005 9:59 am    Post subject: Reply with quote

Zenpickle wrote:
hellofaniceguy wrote:
Businesses have to remember one important thing.....even hakwons owners...who are lowlife...most of them. If you are a decent hakwon owner who treats employees FAIRLY...then you are the minority. Anyway... Businesses must remember....
you are not in the coffee business service people, or the donut business serving people or the ESL business serving people....you are in the people business serving coffee, serving donuts or serving ESL. So complaining k mothers are the norm...they are ajummas; uneducated...in the sense that...long on rhetoric and short on specifics...., unsophisticated and have nothing better to do anyway.
And to think that once before...they were decent, pretty and fun to be around!


Yes, very smart and logical. Unfortunately, many businesses claim that are not in business for either. They are in business for making money.

Michael Moore responded to a businessman years ago who said that was why he was in business by saying, "Then why don't you just go sell crack? There's more money in it, and you have the lobbyists to make it legal."



Some would argue that what MM does is the social equivalent of selling crack.
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animalbirdfish



Joined: 04 Feb 2004

PostPosted: Mon Jan 31, 2005 3:47 pm    Post subject: Reply with quote

John Henry wrote:
Gotta agree with the above poster. Worked with some pretty dang successful businessmen. They are OK to chat with, but thre's no doubt that they're in it for they money, and there's nothing wrong with that really. If you think a business should be all about creating nirvana like conditions for your EE's, and donating all the profits to the starving children, start your own dang business and do it.



Agreed, but I think that any smart employer will do what she/he can - within reason - to keep the employees happy and create a productive work atmosphere. Overall, my boss does this. She's smart enough to know that happy teachers are generally better teachers. Her ultimate goal is to make money, but she realizes that she can make more of it if she doesn't have pissed off teachers doing runners every month or two.
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Rather_Dashing



Joined: 07 Sep 2004

PostPosted: Mon Jan 31, 2005 5:29 pm    Post subject: Reply with quote

Not necessarily. If you read any business journals/books, you'll see that the philosophy is mainly to please the customer/your employees first and profits will follow.
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dutchman



Joined: 23 Jan 2003
Location: My backyard

PostPosted: Mon Jan 31, 2005 11:20 pm    Post subject: Reply with quote

Rather_Dashing wrote:
Not necessarily. If you read any business journals/books, you'll see that the philosophy is mainly to please the customer/your employees first and profits will follow.


Wow that is cutting edge. Laughing

Of course a businessperson wants happy customers and happy employees. It's good for business. And good for business means more profits which is what the game is all about and is the reason why the business owner is in business.
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Butterfly



Joined: 02 Mar 2003
Location: Kuwait

PostPosted: Mon Jan 31, 2005 11:51 pm    Post subject: Reply with quote

Derrek wrote:
Some would argue that what MM does is the social equivalent of selling crack.


And they would obviously be the ones from the camp that would suggest speaking your mind is immoral? Bin Laden types, I suppose.

Anyway, another time, another place.
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thorin



Joined: 14 Apr 2003

PostPosted: Tue Feb 01, 2005 1:08 am    Post subject: Reply with quote

Derrek wrote:
Zenpickle wrote:
hellofaniceguy wrote:
Businesses have to remember one important thing.....even hakwons owners...who are lowlife...most of them. If you are a decent hakwon owner who treats employees FAIRLY...then you are the minority. Anyway... Businesses must remember....
you are not in the coffee business service people, or the donut business serving people or the ESL business serving people....you are in the people business serving coffee, serving donuts or serving ESL. So complaining k mothers are the norm...they are ajummas; uneducated...in the sense that...long on rhetoric and short on specifics...., unsophisticated and have nothing better to do anyway.
And to think that once before...they were decent, pretty and fun to be around!


Yes, very smart and logical. Unfortunately, many businesses claim that are not in business for either. They are in business for making money.

Michael Moore responded to a businessman years ago who said that was why he was in business by saying, "Then why don't you just go sell crack? There's more money in it, and you have the lobbyists to make it legal."



Some would argue that what MM does is the social equivalent of selling crack.


If he would have been born in Korea, he'd probably be selling high TOEIC scores.
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thorin



Joined: 14 Apr 2003

PostPosted: Tue Feb 01, 2005 1:10 am    Post subject: Reply with quote

Rather_Dashing wrote:
Not necessarily. If you read any business journals/books, you'll see that the philosophy is mainly to please the customer/your employees first and profits will follow.


Are you for real?
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rapier



Joined: 16 Feb 2003

PostPosted: Tue Feb 01, 2005 1:54 am    Post subject: Reply with quote

I assume If you married a Korean then set up your own hagwon with her, she would legally own the business and all profits thereof. If you divorced, she'd get to keep it all...?
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fandeath



Joined: 01 Nov 2004

PostPosted: Tue Feb 01, 2005 4:37 am    Post subject: Reply with quote

Being married certainly helps. Opened a Hagwon last year with the wife. The cost to open it was around 60 million.

She runs the school and is able to talk to the mothers. We hired an American teacher recently and business is just ok.

I wouldn't recommend it to anyone unless they have someone who is good with the parents.
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