It felt like just yesterday we welcomed 2015, and yet we are already nearing the endd of f the first quarter.
With the SG50 this year and the various activities the government has in store for us, it is indeed a big celebratory year for Singapore. I am personally excited as to how the government is slowly revealing the various programmes and how the local and private enterprises are joining in the bandwagon to maximise the opportunity of this celebration.
I recently came back from Japan and while I was there, I had the opportunity to speak with some foreign salon operators. I was sharing with them about the issue of shortage of works, and they were not surprised. It seems like they already experienced this phase years ago and on top of that, experienced a drainage of top talents – whom left the country in search for better opportunities and better future.
What Japan experienced back then strikes a familiar chord back home – only that for Singapore, it is a current situation. Expensive rentals, difficulty in hiring foreign talents, decrease in demands, etc., all these adds on to the inevitable effect of salons forced to merge, or even close down.
Expanding in Japan has become difficult and challenging, forcing many to venture overseas and rebuild and rebrand themselves for years. I met a Japanese salon operator in Vietnam once, and he was there for 6 years and today, he has 2 salons running in Ho Chi Minh and Hanoi. Tough it was for him, but sweet was the reward!
For us back home, it is essential for our business model to keep reinventing itself and keep up with the industry trends.
Till then, tag along with me to South Korea next if you need a quick relaxing getaway!