49
“
I never expected to get any emotional support from my fellow
Indians because I had situations in which they demotivated me to
overcome my business challenges. I also don
’
t
like to hire Indians
because they get too comfortable and forget to respect their
professional boundaries. They also lack human capital like language
proficiency in English or Korean, which
makes it more difficult to
think of hiring them. I also noticed sometimes jealousy or competitive
attitude in an aggressive way among my community which makes it
obvious to me that if my business is slowing down I cannot turn to
other community members for emotional support.
”
(Case 1)
“
I think co-ethnic community members exaggerate the situations and
lower the morale which makes me feel pushed away. They also say
things out of jealousy that sometimes demotivates me. In order to get
more customers, they lower down the prices to an extent that I feel
like losing customers to them. I also don
’
t like to hire my community
members for service jobs because they refuse to learn the polite
etiquettes which are a gist of succeeding
in this competitive food
market. I like to hire Koreans because they are professional and
always try to help find replacements in case they leave the job.
”
(Case 3)
“
There was nobody for myself but just me and when it comes to
hiring labor, I prefer to hire Koreans because of their work attitude. I
never even tried to reach out to my community because I never felt a
need to mingle around my community.
”
(Case 4)
4.7 Startup Capital
Proposition No 3: The higher the degree of access to startup
capital, the better the survival of the
business of the necessity
immigrant entrepreneur.
50
Result: Proposition 3 is not confirmed as a survival factor for necessity
immigrant entrepreneurs. Among the participants for this research, none of
them had access to startup capital by government. All of them confirmed that
they saved money by themselves or they took informal loans from family and
friends. When asked them to share few insights about the process of raising
startup capital, 2 of them admitted that they sold
their properties back in
their home countries to invest in their business here in South Korea. Among
all the participants 2 of them had more startup capital than other but it didn
’
t
have any impact over their business performance. Due to the rising
competition in immigrant food business, they confirmed that excess capital
wouldn
’
t have any impact on the success of their businesses.
4.7.1 Reasoning behind partial confirmation
of Startup Capital as a
survival factor:
All of the participants denied of having access to any formal financial support
and their statements are as follows:
“
I wish there was such thing as for immigrants to start small
businesses in Korea but unfortunately government ask long credit
history and a lot of documentation which makes it harder to even
imagine getting a loan or startup fund.
I saved money for my
restaurant by working many years on a regular job back in my home
country
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