entrepreneur Korea

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It’s Not Too Late to Start Building The Lifestyle You Want

Though I hate to admit it, there are times when I compare myself to others and say to myself, “look how much that guy has accomplished, and he’s younger than me!” I sometimes even come up with excuses as to why someone seems to have accomplished more than I have in a shorter time, “well, she probably comes from a rich family”, or “he probably isn’t happy though”. And I don’t know exactly why I had or have these thoughts, but I have a feeling it is because I may feel inferior to those people or am ashamed of not accomplishing enough. And I think it is okay to feel like this sometimes, as long as it provides you that motivation to actually do something about it. But then there are times where you start feeling sorry for yourself and stay depressed. And if you are like me, you’ll start

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

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

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

I am not You, You are not Me

So one of the things I truly love about working with my wife is that we can have lunch together. Not too long ago, we went for Kimchi Jiggae. The place we usually go to is called “Baik Chae” (백채). I really like this franchise because they give a lot of meat. And we usually get the size that is for two people, which comes in one bowl. The bowl is filled with meat, broth, tofu, kimchi, and some other vegetables. Oh, and we add some noodles for 1000won, which is well worth it.
For the longest time, I noticed my wife only eating half the tofu in the bowl. The tofu is her favorite part of the kimchi jiggae, but why was she only eating half? Well the answer is very simple, she didn’t want to be selfish and wanted to share the best part of the soup. And whenever

EK006: Kimchi Socks Owner Jason & Being an Entrepreneur in Korea

Subscribe to the podcast on: iTunes
In this podcast episode, I hang out with Kimchi Socks Founder and Owner, Jason V. Holmes. I had a lot of fun in this one as you can tell by all of the laughing in the episode. We get to hear Jason’s perspective on entrepreneurship in Korea, some insight, as well as why he came up with the name, “Kimchi Socks”. He shares a lot about “Drive” and shares a lot of his experiences networking and doing business in Korea as well as coordinating with his team in the US. His insight will help you in your entrepreneur journey in Korea. Here are the personal questions I ask him, followed by some show notes:
Q1. If you could spend a three day vacation in Korea, where would you go and why?
Q2. What is one Korean food you like and one you aren’t so much a fan of.
Q3.

Chuseok Is Way Too Long For Some of Us Business Owners

Chuseok is Korean Thanksgiving and for the year 2017  most people get literally 10 days off! Like amazing right?! Well, if you were to ask me in 2011, then I would say, “Best thing ever! I get paid vacation and I can visit another country!” Well, that’s when I was working for a public school teaching as a Native English teacher in Seoul, South Korea. But what about now? Nope, not for me, not anymore. I rather it just be normal working days.
I no longer am an employee of a company, but I do believe employees of businesses do deserve a break, but 10 days off for most companies is not really a good thing for the Korean economy. It only benefits the places where people go during Chuseok and if anything, a lot of the small businesses suffer.
My business, Flower Gift Korea actually lost some sales because of Chuseok. We

EK003: Paul Carver and The Seoul Global Center

Subscribe to the podcast on: iTunes
In this podcast episode, I was able to spend some time with Paul Carver, who is a professional working at the Seoul Global Center. The Seoul Global Center offers a lot of FREE resources for foreigners living in Korea, especially those who are looking to start their own business. We start the podcast with a quick intro from him and then follow up with 5 fun non-Entrepreneur related questions. I had a really good time because I was able to get to know Paul more as a person and not the Director of The Seoul Global Center.
Q1. On your day off, what is one thing you really enjoy doing and why?
Q2. What is one Korean food you like and one you aren’t so much a fan of?
Q3. Let’s say someone gives you 100,000won and you have to spend it. How would you spend the money?
Q4. Is there are a

Do You Want to Teach English in Korea Forever?

I first arrived in Korea in 2007 when I was teaching outside of Seoul in a public school. It was my first time to Korea as an adult and I was going to teach one year of English as the Native English Teacher at Ipjang Middle school, which was located a little outside of Cheonan, which is in Chungnam. I was really excited and nervous since I didn’t know what to expect. One of the things I do remember was meeting one of the many teachers who was on the same orientation trip that I was on. What I remembered the most was one conversation we had while all of us Native English Teachers were having dinner. We didn’t really get too deep into a conversation, but It was a simple short conversation, which started off with me asking him the following question, “How long have you been in Korea?” And