Tony Teacher

author (37 Posts)

Flower Gift Korea is Now Two Years Old

I just wanted to share a post, a reflection on finishing two years with Flower Gift Korea! We are officially on our third year and things are going pretty darn well. I wrote about passing one year last August, well the post was written in August 2017, but my business anniversary for Flower Gift Korea is April 1st, which is when we launched the website. But we didn’t share about the website and how we were in business anywhere online until April 4th, which is when we shared about Flower Gift Korea on my personal Facebook page timeline. And that is when we made our very first sale! Literally, the day I posted about Flower Gift Korea being in business on my Facebook page, I received my very first sale. I actually recorded a podcast about making my first sale in my past and current businesses on a past Marketing

Life Without Receiving a Paycheck in South Korea

Guess what, I don’t get a pay check, and I haven’t gotten one for a very long time. How do I survive without a pay check? Well, that’s a good question with a very simple answer. But before I answer that question, I want to figure out when my last pay check was. I honestly don’t remember off the top of my head because it’s been quite awhile. And technically, the last pay check I received was when I was freelance teaching Business English for a medium sized company, but I can’t really count that as my last pay check. I was technically hired on as a “contract worker” because they had to have me on paper for tax purposes, since my English gyosoopso was a separate business and I could not issue tax receipts via my English gyosoopso. Anyhow, I just checked and my last pay check from a

March 2018 review

Quick Summary:

March Goals Results
Other News
Other Businesses and Projects
Thoughts, Goals and The Big Picture for April 2018

So here is my review for the month of March 2018

March Goals Results

1. Catch up with all Admin work for Flower Gift Korea: I managed to catch up with all of the admin work. Admin work needs to constantly be done, so I can clearly see how much we are selling, how much we are spending, and see trends in our sales. Then I can decide with the information I have and make moves to further grow the business, and keep the customers we currently have as happy as possible.
2. Reach $15,000 in sales. We did okay this March! I honestly was not expecting us to reach our goal this month, but we passed it! Back to back good months!
3. Catch up with adding new flower products to the Flower Gift Korea Website. I was able to add some

Life Style Design in South Korea

There are some days when I am really busy working in my flower business and don’t have time to do anything, and that includes trying to further build the flower business as well. For example, for a stretch of 3-4 days when it was around Valentine’s Day, I literally was working in my flower business non-stop. I had no time to do anything else, and we even had 3 part time helpers at that time helping out. So is this really the lifestyle I want? To be so busy that I don’t even have time to eat at times and not even have the choice to get enough sleep?
Well, it’s not the ideal life, but I’m truly happy because I am in the designing stage, and not every single day is like that. And honestly, my wife and I would rather be super busy all the time, because we could

My Competition in the Korean Flower Industry

As the Korean rapper Jessie would say, “This is a competition!”. Yeah, if you don’t follow Korean hip hop or haven’t watched the reality TV show, “Unpretty Rapstar”, then you may not get it, but yeah, business IS a competition. And I found this cool image on the web that kind of shows my attitude when it comes to people directly challenging my flower business in Korea, which hasn’t really happened yet, which kind of both surprises me and doesn’t surprise me, and I’ll explain a little later.
Actually, the image can be misleading, but let me explain the image. It is an image of a bigger fish, about to eat a smaller fish, in a blue ocean. A lot of Koreans and people are familiar with the “Blue Ocean Strategy” when it comes to business. In short, the Blue Ocean Strategy is basically creating a new Niche or a target

February 2018 Review

Quick Summary:

February Goals Results
Other News
Other Businesses and Projects
Thoughts, Goals and The Big Picture for March 2018

So here is my review for the month of February, 2018

February Goals Results

1. Get ready for Valentines Day: The month of February is a super busy one for us at Flower Gift Korea, and this is because of Valentine’s Day. This past Valentine’s Day was just our second one! Yup, that’s right, our second one. And we got killed last year because we were under prepared. And even though we did a lot more this year to prepare in advance, we weren’t prepared enough. But we are looking forward to Valentine’s Day 2019 because we know what adjustments we need to make to make for a smoother and efficient work flow.
2. Reach $30,000 in sales. We had a higher than normal target because we were expecting to have a lot of sales due to Valentine’s Day, and…..we didn’t

January 2018 Review

Quick Summary:

January Goals Results
Other News
Other Businesses and Projects
Thoughts, Goals and The Big Picture for February 2018

So here is my review for the month of January, 2018

January Goals Results

1. Create my florist website and create 50 accounts for florists on it: Though the website is somewhat completed, I have been experiencing some technical difficulties on the website. But I have made some accounts. There are probably close to 15 profiles made so far. My goal is to make 200 before I start contacting the florists and flower shops to let them know about the floral website.
2. Complete my trade website and create an Alibaba Account, and become a member of a trade organization in Korea: I have not completed the trade website and have done none of these things. Honestly, I don’t remember why.
3. Catch up with all admin work for Flower Gift Korea (sales, expenses, etc): I have caught up with all admin work. It

Looking Back on 2017

2017 was quite a year for me. I just went all in on Flower Gift Korea a month before the year started, after running an Engish Gyosoopso located in Seoul with my wife for close to four years. Even though my flower business technically started in April 2016, it was just a side business at the time.
Looking back, it was a little risky to leave a business that allowed me to make a living, but my wife and I both knew that once February hit, we would see a spike in sales, which was actually the case. From February on, our sales month to month were good enough to help us keep enough money to survive, save some money, and help chip away at our loans.
2017 was also the year I started this blog and podcast. Even though I haven’t been creating much content for Entrepreneur Korea recently, I still

December 2017 Review

Quick Summary:

December Goals Results
Other News
Other Businesses and Projects
Thoughts, Goals and The Big Picture for January 2018

So here is my review for the month of December, 2017

December Goals Results

1. Establish my trade business by registering it as a legal business and become part of some trade organizations in Korea: The good news is that I was able to register my trade business. It cost me nothing, except for the transportation fee to get myself to the tax office in Gangnam. So I am the owner of Smart Trade Korea. Congratulations to myself! I have made literally 0 won so far from this business, so there isn’t much to celebrate. But it is something. Unfortunately, I did not become part of some trade organizations yet. I plan on becoming a member of KOTRA and maybe a few others as there are some perks to becoming a member. Honestly, I put my trade business to

November 2017 Review

Quick Summary:

November Goals Results
Other News
Other Businesses and Projects
Thoughts, Goals and The Big Picture for December 2017

So here is my review for the month of November, 2017

November Goals Results

1. Improve my Korean by learning more advanced business vocabulary before I start my Trade academy course on November 20th: I probably studied pretty hard for like a week and then just did some studying here and there. The crazy thing was that I understood the Korean lectures a lot better than expected. My Korean is better than I thought, I guess that goes for all people when they think of their language skills. And like always, I always got ahead of myself and said that I would read such and such, when in fact I didn’t. Well, as they say, shoot for the moon and you’ll be amongst the stars.
2. Make a marketing campaign for Pepero Day (Blog post, front page of website, social