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Old 11-21-2006, 01:34 AM   #1
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New biz...in a year i might move to Korea and open an English academy

i have family contacts here...and investment capital.

opportunity is huge....i have a B.sc. mathematics...so i can teach both english and math.

id hire 2-3 fresh grads from cdn universities to come over as well.

ive been giving it some serious thought...after a year or so..i could just sit back and chat on gfy all day while other people do the actual teaching

and mostly id just go back to canada to recruit good teachers once or twice a year.


asia is going crazy for english


any thoughts on this...i always appreciate gfyers insight

beleive it or not...there are some smart biz people here
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Old 11-21-2006, 01:43 AM   #2
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OK, if you want some ideas, here they are. In Vancouver, there are literally tens of thousands of Korean students who come here for months at a time to study English. Their parents cough up good money for them to make the journey...

Maybe find out what they are coming here to learn if anything beyond the obvious and try to replicate it there.

Maybe do a "tie-in" with a school here so they do half the course in Korea and then half in Vancouver so they get to experience North America...that they are dying to see.

Combine ESL with outdoor adventure stuff if you do something in Vancouver as it is a huge draw.

My idea was to buy one of the run down welfare hotels downtown here in Vancouver, and turn it into the city's first ESL dorm. The city imposed strict restrictions against conversions of low income housing units so i am sol but i thought of neat side ventures like one of those coupon books geared to esl student needs, wkend adventure trips... There is huge huge money if you have a good angle as they come by the thousands every few months.
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Old 11-21-2006, 01:58 AM   #3
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good luck with that...
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Old 11-21-2006, 02:06 AM   #4
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OK, if you want some ideas, here they are. In Vancouver, there are literally tens of thousands of Korean students who come here for months at a time to study English. Their parents cough up good money for them to make the journey...

Maybe find out what they are coming here to learn if anything beyond the obvious and try to replicate it there.

Maybe do a "tie-in" with a school here so they do half the course in Korea and then half in Vancouver so they get to experience North America...that they are dying to see.

Combine ESL with outdoor adventure stuff if you do something in Vancouver as it is a huge draw.

My idea was to buy one of the run down welfare hotels downtown here in Vancouver, and turn it into the city's first ESL dorm. The city imposed strict restrictions against conversions of low income housing units so i am sol but i thought of neat side ventures like one of those coupon books geared to esl student needs, wkend adventure trips... There is huge huge money if you have a good angle as they come by the thousands every few months.

yeah that is another good idea...i thought of that when i met my wife...as she was in toronto to learn english....the issue there was hard to get students.

but if i went to korea..my family could round up a lot of students here

i get excited whenever i see an opportunity to make money
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Old 11-21-2006, 02:23 AM   #5
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let me know if you need any hookups in Seoul, got friends out there
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Old 11-21-2006, 02:26 AM   #6
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damn dude that sounds like a great idea.


good luck
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Old 11-21-2006, 02:35 AM   #7
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let me know if you need any hookups in Seoul, got friends out there
shoulda asked you before..i fly back to toronto tomorrow..lol
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Old 11-21-2006, 02:39 AM   #8
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yah i heard that theres a lot of computer geek there.. and hot chick!!
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Old 11-21-2006, 02:51 AM   #9
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Can you handle living in Korea?

Never been however the Koreans I have met have been a total blast.

If you can I would, not everything in life has to be about making money there is always something valuable you can get out of life from living it.

Hell you got 75 maybe 80 years on this planet would you rather go to Korea for a couple years give it a go and maybe make a fortune or do you want to stay in your same town? It will still be there if you want to come back ;)
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Old 11-21-2006, 02:55 AM   #10
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Can you handle living in Korea?

Never been however the Koreans I have met have been a total blast.

If you can I would, not everything in life has to be about making money there is always something valuable you can get out of life from living it.

Hell you got 75 maybe 80 years on this planet would you rather go to Korea for a couple years give it a go and maybe make a fortune or do you want to stay in your same town? It will still be there if you want to come back ;)
im thinking i can handle it
also...i can trade live away from canada for a few years to make a wack of cash.

what they pay for classes here is amazing...also you can get deals with people who will pay $400 bucks for a few hours a week.
just to have conversation...go to dinner with someone make money..lol
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Old 11-21-2006, 02:57 AM   #11
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Dont they hang conspiracy nuts there?
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Old 11-21-2006, 03:08 AM   #12
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Dont they hang conspiracy nuts there?
ill be in amsterdam in a few weeks

why dont you come and visit me there
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Old 11-21-2006, 03:10 AM   #13
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ill be in amsterdam in a few weeks

why dont you come and visit me there
I could but how do you know it wont be a conspiracy?
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Old 11-21-2006, 03:15 AM   #14
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I could but how do you know it wont be a conspiracy?

ill buy you some drinks and let you be as mouthy as you want

doubt ill call you bro though
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Old 11-21-2006, 03:22 AM   #15
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My sister taught English in Japan during the 90's and made ridiculous money and incredible contacts. Go for it, opportunities like that are rare and you know that it will work so nothing should hold you back.

If I wasn't married now I would be doing the exact same thing. And honestly I still may down the line. You only live once. Live right...

BTW I am married to a Korean/American girl so you know I love Korean culture, food and women! Do it man....
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Old 11-21-2006, 03:43 AM   #16
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Count me in Brad.

And I am also qualified to write and present training programs in the real world.

I almost went to Japan to do this a few years back.

Great opportunity.

;-)
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Old 11-21-2006, 04:07 AM   #17
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North Korea is going to start some shit. Stay very, very south my brother.
We are beefing up our troop strength on the 38th.
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Old 11-21-2006, 04:24 AM   #18
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Yes. Koreans are REALLY crazy for English.
Crazy Korean parents.. lol

Open it in Taegu(10s of colleges there) or Pusan(2nd biggest city in SK).
you will see big gold mines.
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Old 11-21-2006, 07:06 AM   #19
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I hope success awaits for you in that place. Good luck.
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Old 11-21-2006, 07:24 AM   #20
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Best of luck with it. My niece and her husband went to japan 2 years ago and taught "engrish". many asian speaking countries are very interested in learning english....
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Old 11-21-2006, 07:32 AM   #21
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good luck!
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Old 11-21-2006, 07:41 AM   #22
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COOL Goood luck
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Old 11-21-2006, 07:51 AM   #23
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I have friends in Taiwan that have opened schools and are doing quite well.
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Old 11-21-2006, 07:53 AM   #24
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I have friends in Taiwan that have opened schools and are doing quite well.
it is all i can think of

hell just 30 students a month would be money

id like to have 150 a month

5 teachers needed...the math is easy
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Old 11-21-2006, 07:54 AM   #25
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My wife was an English major at Kyoto University and taught in Japan at an English school there for several years. She came over here to do some student teaching at a middle school here in TN, and thats when we met. They pay pretty well over there.
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Old 11-21-2006, 07:55 AM   #26
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My wife was an English major at Kyoto University and taught in Japan at an English school there for several years. She came over here to do some student teaching at a middle school here in TN, and thats when we met. They pay pretty well over there.

average teacher is making under 3k a month

but you need to supply them with housing etc
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Old 11-21-2006, 08:54 AM   #27
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I love your idea, but a couple things:

1. Teaching english to a Korean is one thing, but teaching math to them? Aren't they the kids that made us all feel stupid because they were doing trig in elementary school? :-)

2. What the guy said up above about N. Korea has some teeth. Stay in the deep South bro and keep your head down. If those fuckers come in, they're coming hard. Remember that they have artillery all set up and waiting for one button push to put three rounds of high explosive on every square meter of Seoul. You don't want to be within 100 miles of that place when/if that happens.
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Old 11-21-2006, 08:55 AM   #28
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I'll join you.

I work for Kimchi Chigae
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Old 11-21-2006, 08:59 AM   #29
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good luck with that
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Old 11-21-2006, 09:01 AM   #30
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Best of luck bro.
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Old 11-21-2006, 09:03 AM   #31
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every idea has to be realised.... if you see that that is untapped market than make some research or pay someone to do that for you and invest some money... i'm wishing you good luck....
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Old 11-21-2006, 09:50 AM   #32
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My ex Girlfriend who lives in Toronto was an ESL teacher in Korea for a while. ALthough it was not the best monies in the world apparently she did like it.
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Old 11-21-2006, 09:57 AM   #33
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My sister is there right now doing that very same thing fresh out of college and is making some pretty decent money. They have them already but would work well somewhere that they dont I imagine.
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Old 11-21-2006, 10:01 AM   #34
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Old 11-21-2006, 10:24 AM   #35
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i have friends who do online teaching to koreans, im not sure if that is also applicable to you or can be alternative, either ways i hope it could good luck
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Old 11-21-2006, 10:30 AM   #36
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Dont they hang conspiracy nuts there?
!!
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Old 12-21-2006, 08:30 AM   #37
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Have you seen the program "English Teachers"? It's about english/american people traveling to Taiwan and working as teachers! It is actually one of my favourite programs! Shows on "E" here in Norway
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