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Posted: 5/25/2016 4:38:00 AM EDT
[#1]
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Posted: 5/25/2016 4:43:26 AM EDT
[#2]
It's a conspiracy to keep the white man down.
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Posted: 5/25/2016 4:52:37 AM EDT
[#3]
Ed Zotti.
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Posted: 5/25/2016 4:59:24 AM EDT
[#4]
I don't understand how they get the financial backing,
especially when an average man only wants to pay 85 cents for a Pepsi.  " />
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Posted: 5/25/2016 5:07:02 AM EDT
[#5]
You don't think they use their money to start that business do you?
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Posted: 5/25/2016 5:19:37 AM EDT
[#6]
Quote HistoryQuoted:
I don't understand how they get the financial backing, especially when an average man only wants to pay 85 cents for a Pepsi. http://<a href=http://i10.photobucket.com/albums/a125/bearsvaluebaby/MOODS/michaeldouglas.jpg</a>" /> 85 cents? That doesn't leave enough for the phone call. |
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Posted: 5/25/2016 5:23:44 AM EDT
[#7]
Quote HistoryQuoted:
You don't think they use their money to start that business do you? I would guess their countrymen, perhaps through 'benevolent' associations here and in the old country, provide at least part of the financing. ETA - just read the actual article. Turns out this is correct, in part.... |
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Posted: 5/25/2016 10:13:23 AM EDT
[#8]
Same way Indians buy all the franchised hotels--the first one builds it to spec for a decent hotel,then sells it to a family member still in their home country--who then gets to go to the front of the line with the entire next set of family members.... ALL with US State Dept.
subsidized dollars.....This is why so many of the older hotels are all run-down pieces of s.....Literally stayed at one last week where the 5 rooms on the end emptied at 7:20 as they took over 30 kids of Indian or Pakistani origin to a bus stop in front of the hotel.. |
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Posted: 5/25/2016 10:15:00 AM EDT
[#9]
Lenders and investors know they're a safe bet... they'll protect their shit.
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Posted: 5/25/2016 10:16:04 AM EDT
[#10]
Minority loans and special financing for "special people "
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Posted: 5/25/2016 10:17:25 AM EDT
[#11]
Ethnic syndicate seed money loans.
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Posted: 5/25/2016 10:28:16 AM EDT
[#12]
Good articl. I wasn't aware about that aspect of Korean culture. Thank you.
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Posted: 5/25/2016 10:34:08 AM EDT
[#13]
Way more dogs and msg available in this country.
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Posted: 5/25/2016 10:38:44 AM EDT
[#14]
Quote HistoryQuoted:
Same way Indians buy all the franchised hotels--the first one builds it to spec for a decent hotel,then sells it to a family member still in their home country--who then gets to go to the front of the line with the entire next set of family members.... ALL with US State Dept. subsidized dollars.....This is why so many of the older hotels are all run-down pieces of s.....Literally stayed at one last week where the 5 rooms on the end emptied at 7:20 as they took over 30 kids of Indian or Pakistani origin to a bus stop in front of the hotel.. huh? Are you another one of those "immigrants get special money from the gov't when they come here" types? |
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Posted: 5/25/2016 10:43:05 AM EDT
[#15]
The fundraising club thing is real. With a big enough group and a long enough cycle, waiting your turn is well worth it.
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Posted: 5/25/2016 10:48:33 AM EDT
[#16]
Quote HistoryQuoted:
I don't understand how they get the financial backing, especially when an average man only wants to pay 85 cents for a Pepsi. http://<a href=http://i10.photobucket.com/albums/a125/bearsvaluebaby/MOODS/michaeldouglas.jpg</a>" /> 50 cents. Mr. Lee was charging 85 cents, but that didn't leave him enough for the phone call. He offered 50 cents. Mr. Lee refused, so D-Fens rolled back prices to 1965. |
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Posted: 5/25/2016 10:48:53 AM EDT
[#17]
Koreans are awesome people and America needs more of them to move here.
They are tough and don't expect handouts. They come to the U.S. with virtually nothing, but are sending their kids to medical school within a generation, living in big houses and driving luxury cars they fully paid for. Most of the world could learn a thing or two about NOT COMPLAINING from the Korean culture. |
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Posted: 5/25/2016 10:55:31 AM EDT
[#18]
Yes--I AM one of those types--a local attorney SPECIALIZES in setting these up...He gets a cut from both sides. Any other facts you don't know that you have an issue with?
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Posted: 5/25/2016 10:56:12 AM EDT
[#19]
Grow not borrow your business. It may not be the instant rags to riches everyone wants but being debt free and far less likely to file bankruptcy is smart.
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Posted: 5/25/2016 10:57:43 AM EDT
[#20]
The 5 years of tax breaks for a small business is a nice incentive. At the end of the 5 years, they just sell it to the next person in line for their 5 years and move on to something else. There was a family that owned the stop-n-rob on the corner for a coupe iterations of this. They were super nice and the place was ultra clean.
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Posted: 5/25/2016 10:57:54 AM EDT
[#21]
Same way all the Indians (dot not feather) own all the gas stations here in dfw. And I have no idea how.
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Posted: 5/25/2016 11:01:06 AM EDT
[#22]
Shit. The father of one of my best friends came over with one of those Baptist rescue groups some 40 years ago. His town offered only the brightest and hardest working of them the opportunity to move stateside. A combination of Korean extended family and civic donations helped him open up his first dry cleaners. My friend described how they chose the location: a big ass, hard bound directory of dry cleaners in the US. He selected a suburb outside of G'boro, NC that wasn't represented on that list and went to it. Han cut to the chase and named it exactly what it was - $2.75 Dry Cleaners. Ten years of 70+ hour work weeks and he sold the first one for a cool million. He owned 8 locations when he passed of lung cancer. Whether or not there were any subsidies, I can't say for sure. But I can say that that man employed a lot of locals, was active in his church and community and worked harder than any single person I've ever met. R.I.P. Han Chong |
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Posted: 5/25/2016 11:02:45 AM EDT
[#23]
Quote HistoryQuoted:
Same way all the Indians (dot not feather) own all the gas stations here in dfw. And I have no idea how. it's very simple, we are getting the very best of their people. the 0.1% at the top of a society who will always do well no matter where they are. |
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Posted: 5/25/2016 11:03:15 AM EDT
[#24]
Quote HistoryQuoted:
Koreans are awesome people and America needs more of them to move here. They are tough and don't expect handouts. They come to the U.S. with virtually nothing, but are sending their kids to medical school within a generation, living in big houses and driving luxury cars they fully paid for. Most of the world could learn a thing or two about NOT COMPLAINING from the Korean culture. I'm incredibly jealous of the scenario you are speaking of. I'm very sad that my parents couldn't 'figure it out' to set their kids up, but at least they fumbled around and 'sort of tried' to. Concur that the Koreans have their shit together, proper. Oh wait, did I complain there?  
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