Never Open a Chicken Restaurant?! The Black Hole of the Middle Class, What is the Future of Self-Employment? [KBS 20160610 Broadcast]
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■ The fuse of the Korean economy, 6.6 million self-employed business owners Korea has the fourth highest proportion of self-employed people among 31 OECD member countries. Most Korean self-employed business owners open stores to make a living. Most of them choose convenience stores, chicken restaurants, and cafes. However, as competition among self-employed people intensifies, profits are decreasing and debt is increasing, creating a dangerous structure. In fact, out of the 1,200 trillion won in household debt, self-employed people account for half, or 588 trillion won. If we do not solve these problems, the future of the Korean economy will be bleak. ■ Professor Ok Woo-seok's story of starting a business - How many cups of coffee do Hapjeong-dong cafe owners have to sell a day to survive? Dozens of businesses in the same industry compete in our alleyways. How much do they have to earn a day to survive? Professor Ok Woo-seok, who was formerly an OECD researcher, opens a cafe in Hapjeong-dong and challenges himself to sell 60 cups of coffee a day. ■ The rent in Hongdae is the same as in New York?! Starbucks coffee in Korea is the second most expensive in the world. However, the operating profit rate of Korean Starbucks is significantly lower than that of American Starbucks. What could be the reason? The production team conducted a quick analysis of the world's best commercial districts, New York and Hongdae, Seoul. Surprisingly, the rent for New York's 52nd Street and Hongdae Starbucks was the same, at around 30 million won. Korean self-employed business owners who have to pay sky-high rents. Is there a solution for them to survive? ■ How did Bernie Sanders save the self-employed? Burlington, Vermont, is considered a good city for self-employment in the United States. Burlington is a city that has fostered star small business owners such as the ice cream chain Ben & Jerry's. Bernie Sanders served as mayor here for four consecutive terms and laid the foundation for small business owners to grow. When large marts tried to enter the central commercial district, he instead fostered the local cooperative 'City Market' to replace the marts. We examine the role of local politics in saving small business owners and the local economy. ※ This video is [Myungkyunmanri - The Future of 6.6 Million Alley Bosses] that aired on June 10, 2016. #Chicken #Cafe #Self-Employed
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