Training system:
1. 1PM to 10PM
2. Minors will join after school
3. Elementary schoolers will leave at 8PM after school
Investment:
1. For 1 person in one month 1M~3M won (t/ roughly $800-2.6K USD)
Balance:
1. If you start earning income, they first need to deduct/withdraw to pay back the investment
They should pay back the investment VS They shouldn't
original post: here
1. SM, YG and JYP don't force you pay back the investment. For small companies and f*cking small companies, they'll only take it if your income is greater than the investment
They will have to dedicate their youth to repay all the investment
Of course the company must find a way to get the money back through profit
But I read a post before, I think it was Stellar? Some girl group made them attend f*cking lots of event and was able to get 200% profit on them but it all went to them,
usually you're supposed to leave the surplus right? Talk about using people and their familiesㅋㅋ
2. I feel like the whole concept of withdrawing profit is so weird. Imagine earning 100,000,000 won. If we assume the company takes 50% and you take 50%, then they will have 50,000,000, but you have to also pay back 50,000,000 from with your own name to pay back, so in the end, there's nothing left for you. Companies like that are bound to fail and the people who pass through them are going to fail as well
3. Of course, you need to pay back the investment, do you think that companies are some kind of charityㅋㅋㅋㅋㅋ They won't be able to release anything of quality and even during their trainee period, they won't be able to eat good food otherwise, and who will be hired to teach them dancing?
4. No but if you don't pay back, who is supposed to invest and grow your idols?ㅋㅋㅋㅋㅋㅋㅋ All companies would fail otherwise
5. I think it's good to pay back but to give them allowance?
6. I feel like you need to pay back, but you can't cheat on people like those small companies where for years, they'll just come up with excuses and never give you any money
7. There was this program for flop idols and one person on the internet pointed this out. The company will make you sign a contract that will be just long enough for them to send you in a bunch of events and pay all the investment they put in you, once everything has been paid back they still won't pay you
8. Of course, you need to pay back. But artists also need to eat and survive, so I think that they should repay based on a % of the income you receive every time. There are so many idols who've debuted for years yet never saw their income
9. Realistically speaking, they need to pay back, but it shouldn't be 100% of earnings
10. They should pay back but the whole system is just weirdly put in place
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