Archive for June, 2006

Elementary Student Exploitation by Companies

I was minding my own business pumping inexpensive gas when a young teenager, appears to be a junior high student, walking around the gasoline station trying to sell his goodies.
He greeted with a smile hoping to sell one or more of many edibles he had available. He said he was from some organization which I didn’t quite catch because I told him quickly, “sorry, I’m not interested.”
“Oh okay, have a nice day sir,” and he walked over to another asile in the station.

As I drive away from Mobil, I really felt sorry for all those elementary and junior high school kids that actually go out and sell those candy bars and other not so cheap goodies.

Why are they wasting their precious free-time selling junks for those product companies when they can be either having fun or doing homework. Is it because if they sell a certain amount of the products, they are promised to receive great prizes and other enticements as their total sales reach a higher level? Or is it because they really do want to support this so called non-profit organizations and/or their school (ha! you got to be kidding me)? To say the least, these kids are really being exploited, earning less than a minimum wage if you do the math.

I remember my elementary and junior high school days when our class was taken into a dark auditorium with the center stage all lighted with decorations. If I can remember correctly, there are different parts to the events, all leading to enticing little kids to spend their afternoon selling the sponsors’ products. There was this one part during the event where a glass case size of a telephone booth was centered in the auditorium stage. Sitting back at the auditorium, we wondered what it was for. Then one of the speaker stepped up, said some mumble jumble and turned on a switch, the whole auditorium was suddenly cheering. A pile of actual dollar bills which were laid on the bottom of the glass case was now blowing all around inside the case. The idea was, the top sellers had a chance to go inside the case and within 30 seconds or so, they get a chance to pick up as much bill as they possibly can and what they grab as what they keep.

I can only bet that there were a maximum one or two $100 and mostly dollar bills and the odds of the little boy or girl able to grab a bunch, very slim (unless they learn a technique, maybe cover the electric blower with your butt and snatch all the bills).
There were many cool prizes that all kids would really want but only dreamed of.

So getting back to the story, here is this kid at 8PM (summer time so the sun was not set yet) hopelessly wandering around hoping to sell this expensive candies and goodies. I hope that kid gives up and spends his time on better things or do find kind and generous buyers who ‘donates’ their money.

But think about it, who actually wins from all this. Win-win-win/loss/loss situation.
The company/organization wins, the school wins, the student either wins or loses, and the generous buyer loses. Whoever created such technique in selling their products by exploiting the elementary school was a smart business man.

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The World Cup Journey Ends for Korea Republic

The world’s most popular sport, FIFA World Cup once again attracted an astronomical number of viewers worldwide (Summer Olympics and Super Bowl are no match).

June 23, 2006, Korea Republic team gave their all and played their best against their opponent Switzerland. Despite the disappointing calls by the referee (after all, FIFA president is from Switzerland), Korea Republic played well and the incredible number of Korean attendees in the Hanover stadium proved a powerful spirit and enthusiasm in the Korean population.

The best part of the World Cup is and always will be the fans. For the past three matches, Koreans all over the world put on a bright red shirt, drove to one of many gatherings to cheer amongst a great number of Koreans. In Koreatown alone, three hot spots were available to watch the live match.
The Staple Center was leased for few hours and the stadium was not big enough to accomodate the Korean residents of Koreatown, Los Angeles. The alternative to the Staple Center was the Wilshire Park next to the Aroma Center Plaza, sponsored by Radio Korea, the Wilshire Park boasted a large screen posted high above the ground. Hosts and hostess were gladly passing out the popular Red Devil shirts, bandanas, and caps (I couldn’t even get one as it quickly ran out). Another hot spot was in the Arthur park (where the annual “Jang Tuh” takes place), also in Koreatown in Olympic Blvd.

Being in those hot spots along with thousands of enthusiastic Koreans were a surreal experience. I bet even the shyest, grumpiest, pessimistiest, emo-est, and banana group of people would jump up and down and shout from the bottom pit of their lungs when the Korea Republic team scores a point! Heck, if there were enough ground space around me, I would have been hopping as if I’m reaching for the stars. Just experiencing in such environment where joy and thrill was unescapable was a once-in-a-four year moment. I’m hoping in 2010, I will be watching the World Cup with my wife and my first son in the comfort of my own home. :)

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Venture Capital Forum

Losing rank in google, must write more…blogs.

So thanks to these real awesome professor at Cal Poly, I am registered (registration fee fully covered) to attend a business forum tomorrow night at Irvine Marriott hotel.
Raising Money: Exit Strategies– What’s it all about?

What’s the payoff? Let’s start with the Exit Strategy . . . you do have one don’t you? How many times have you been asked, “What’s your exit plan?” IPO? That was the wrong answer in 2003. Merger? That was the wrong answer in 2000. Discover the right answer in today’s market. Get the inside track from our panel of experts. Know how to tailor your answer to your audience. You’re sitting in front of an investor. He wants to know how and when he’s going to get his money back and how much profit he can make. Read more at…

It will be a new experience and a true eye-opener. I’ve only read about such emergent venture and angel meetings in textbooks, I now get to attend and listen to thriving entrepreneurs, enjoy hors d’oeuvres, chat with venture capitalists, check out services provided by business experts, and more.
I’m going to jot down notes during the event and will post it up on the info page by this weekend.

Favorite quote of the summer: “Money makes money and money money makes makes more money!”

On a sidenote, I’m not very confident about the upcoming Korea Republic versus Switzerland world cup match.

UPDATE: The Venture Capital Forum entry has been updated - the Tech Coast Venture Capital forum.

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Family Chapel Summer Retreat

Do you ever get nostalgic after returning from a summer retreat, especially when it was very memorable?
I returned from a summer retreat this weekend. Family Chapel, the EM of OMC invited upcoming seniors to join them in PineCrest conference center in Lake Arrowhead. I had the privilege to join the group and it is thus far the highlight of this year’s summer.

I left Friday afternoon and carpooled with three other brothers to get to the retreat site. I knew in advance this will be an awesome retreat from the time I depart til the time I arrive back.

When you leave for a retreat, it’s best to leave everything behind at home. I did. I took only my sleeping bag, extra clothes, and toiletries. I was free from everything, I escaped reality so to speak. Nothing to worry about up there, hot meals were served each day, cozy bed, powerful worship (great praise band from OC), and a group of wonderful people.

I loved my small group. Everyone was interesting, loving, pretty, smart, and cool. What really caught my attention was their genuineness. When we shared

Morning Prayer and Power Walk
Saturday morning, as soon as we finished our morning gathering, prayer walk took place. The whole group left the chapel and went on a scenic walk in the wilderness, I was a part of nature. One fourth of the hike, few people decided to head back. Halfway when we reached an archery site, the remaining one half decided

Kent The Missionary

Astrology and You

Drum 101

Final week starts tomorrow and I don’t have to bother doing a single all-nighter this week. How sweet is that.

More updates coming..

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