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Korea has lots of startups but few successes 

높은 창업 실패율 이유
 
02:32
Korea has become a fertile ground for startups in recent years with more and more young Koreans taking a shot at opening their own business. Some have gone on to great things,... but for every small firm that is flourishing,... there are several struggling to make much headway at all. Shin Se-min reports. It′s something many people have considered at least once. ″I would like to be my own boss sometime in the future.″ ″Since I won′t have a steady income after retirement... I′m thinking of opening my own business.″ Lee Kyung-jae had similar thoughts before he opened his own pub back in 2013. Although he′s since expanded the business,… and opened a second branch,… he says it took longer than expected to get started. ″I studied for years before opening my own business,... first cooking... and then startups. Knowing that many new businesses don′t succeed, I had to be ready.″ Some six million Koreans can call themselves boss. Add to that,... the number of people who are currently preparing to start their own business,... and the number jumps to well over ten-million. It′s a combination of young job seekers and baby boomers over 50 who are coming up on their retirement and looking for new sources of income. But compared to other countries, the success stories are few. More than 60 percent of startups in Luxembourg and Australia survive after the three-year mark. In Korea, that number is closer to 40 percent. The low success rate is largely because most startups have trouble making enough money to balance out their overhead costs. But money isn′t the only stumbling block. Many startups are in service sectors like real estate, food and lodging, resulting in market saturation and eventually forcing many to shut down. Experts say... new owners should look into more promising sectors, like IT but that comes with a warning. ″Tech businesses aren′t for everyone and are difficult for older people to approach,... so more support for investment opportunities and workshops is needed.″ Another tip for aspiring entrepreneurs? Be careful about jumping in too quickly,... because starting a business is harder than it may seem... and the successes are few. Shin Se-min, Arirang News.
Views: 3903 ARIRANG NEWS
How To Start A Successful Business while in South Korea | theSeoulChic TV
 
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In this week's episode, I sit with one of the few black entrepreneurs in South Korea. He tells us a little bit about how he is able to own a business while living in Korea. He also shares practical ways he's dealing with family, the workload, and life. You can travel and still be a boss! :) Enjoy the conversation! Check out and follow our guest for today: Twitter: https://twitter.com/KimchiSocks Link for the socks: https://kimchisocks.com/?wpam_id=34 Contact him: [email protected] As always if you are interested in sharing your story, whatever it is, have a question or simply want someone to read your story and listen, send me a message using any of the following platforms: E-mail: [email protected] Instagram: https://www.instagram.com/theseoulchic Twitter: https://www.twitter.com/theseoulchic Blog: http://www.theseoulchic.com/ Photographer & Videographer on Instagram: https://www.instagram.com/nanakyeisports/ COMMENT | LIKE |SHARE |SUBSCRIBE Thank you!
Views: 972 theSeoulChic TV.
How to start-up a business in Korea
 
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We have Andrew Williams, CEO and co-founder of Q-PET, a software education platform for IT beginners. In this episode, we will talk and learn about his life in Korea and his job as a business entrepreneur. Our host team, AtoB, will see what it’s like to be in a startup! For the challenge, Amy and Blair will pitch their own ideas like in the American TV show “Shark Tank” and see what our guests have to say about their ideas! What ideas do you think our hosts pitched? Watch to find out!
Views: 1764 myowntv
Startup? - You Probably Need to Go to Korea - Entrepreneur's Guide to S. Korea Tech Ecosystem
 
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💰Get on the Waiting List ★ http://yen.io South Korea is going to be the center of the blockchain universe! // GET THE APPS 💰 Social Exchange - http://yen.io 🚀 Market Cap - http://coinpuffs.com 💥 Stay Woke - http://cryptoyum.com 📚 Free Email Course - http://10daysofbitcoin.com // GET STARTED 🚀 Become a Cryptonaut - Support us on http://patreon.com/pub 💻 Join us at the PUB! - http://thebitcoin.pub 💰Get a Coinbase Wallet! - http://dctv.co/dctv-coinbase - Sign up! // WE DO SOCIAL 🔑 Decentralized Newsletter - https://dctv.co/dctv-news 📔 Twitter - https://dctv.co/dctv-twitter 💻 Google+ - https://dctv.co/dctv-googleplus ✏️ LinkedIn - https://dctv.co/dctv-linkedin 💻 Medium - https://dctv.co/dctv-medium Music by Charles Giovanniello, a Bitcoin Pub community member! Note: This is not financial advice as all investing is speculative. Have fun and good luck!
Views: 1451 Decentralized TV
On the road: South Korea tech start-ups
 
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South Korea is already home to tech giants, it now want to be world's incubator for start-ups. CNN's Paula Newton reports.
Views: 6134 CNN
The start-up guide in Korea
 
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Alex Gershon is the brains of Business Development at Estmob, Inc. Estmob is the startup behind Send Anywhere, a file sharing service. In this episode, we will talk and learn about his life in Korea and his job as a business entrepreneur. Our host team, Baeppy, will see what it’s like to be in a startup! For the challenge, Haeppy and Bapmokja will pitch their own ideas like in the American TV show “Shark Tank” and see what our guests have to say about their ideas! What ideas do you think our hosts pitched? Watch to find out!
Views: 681 myowntv
Korea sees more foreign students, workers, business start-ups
 
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외국인 체류자 200만 시대, 일자리 현황 While the concept of globalization is no longer foreign to Korea, in many areas adjustments are needed to keep up with the rapid pace of this change. Lee Unshin explains how the international workforce can become the new growth engine in this country, and shed light on areas that still require more effort on the government's part. Yoon Cho-yeon started a licensing business last year, On stickers, children's' books, and stuffed toys...her character 'Wendy' is everywhere, at this cozy office located in Seoul. Her two staff for marketing and production are Korean, Cho-yeon however was born and raised in China. But she says it was only natural to start a business in the land where she spent most of her adult life. "I went to college to study child psychology here, and also earned a master's degree. So when running a business in Korea, I'm recognized for my local work experience and degree. The government also helped me with the start-up fund. " Cases like Yoon's are becoming more common across the nation. As of last year, foreign residents surpassed the 2-million mark for the first time in Korea... more than double 2006's tally. The number of foreigners in Korea is growing exponentially. And Gangdong-gu district office, is one place that really embraces the expanding diversity in the nation. At the moment there are 10 college students here, all from different countries, learning for the first time... what it's like to work in Korea... through a summer internship program. They're full-time students pursuing a degree here, most of them fluent in Korean. At the office they're spread out across a wide range of departments... getting hands-on experience related to their major. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 2938 ARIRANG NEWS
Starting your Business in South Korea - بداية عملك في كوريا الجنوبية
 
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We are sharing this information to learn about South Korean systems related to doing business and setting up companies. نضع بين ايديكم هذه المعلومات لمعرفة الانظمة الخاصة بكوريا الجنوبية والمتعلقة بالقيام بالاعمال وانشاء الشركات . ************************************* Sound effect : http://www.freesfx.co.uk ************************************* FACEBOOK: http://bit.ly/Th3SilkRoad TUMBLR: http://bit.ly/TheSilkRoad-Tumblr INSTAGRAM: http://bit.ly/TheSilkRoad-Instagram TWITTER: http://bit.ly/TheSilkRoad-Twitter PINTEREST: http://bit.ly/thesilkroad-pinterest ****************************************************
Startup series part 1: Startup fever in Korea 

스타트업 열기
 
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The future is looking brighter for startups in Korea. And some even believe that Korea is set to become Asia′s Silicon Valley in the coming years. The government is dishing out tens of billions of dollars in grants and other subsidies to foster startups. Let′s jump right into the first in our five-part series on startups in Korea this week,... here′s our Kwon Soa. Over the past 35 years,... only three startups have made it to the top 100 companies in terms of market capitalization in Korea. The fact highlights that conglomerates still dominate the Korean economy. But, there are signs the corporate landscape is changing. The number of startups in Korea has been breaking records in recent years,... reaching nearly 30-thousand last year. That′s more than triple the number seen during the dot-com bubble from the late 1990s to the early 2000s. The number of serious investors has grown too. One-point-three billion U.S. dollars was poured into startups last year, marking a 27 percent rise from three years ago. The startup ecosystem has also strengthened with a rise in angel investors, accelerators and networks. Startup Alliance, a joint effort between the government and private sector, for example, arranges special events to connect startups with potential partners and clients. "Compared to Canada where I′m from, the Korean government... a lot of Korean institutions are providing a really good environment to the people for preparing start-up businesses. For example, this kind of meeting,... and providing really good information, and a lot of seminars." Experts say the new startup wave is different from the previous boom, when e-commerce was still a fledgling business and Internet connections were clunky. Now, net access is instant and easy, and more importantly, mobile. "A lot of small startups are trying to connect some kind of services to the smartphone more efficiently than existing offline businesses. So, there will be a lot of new innovations on that front." President Park Geun-hye wants startups to lead her administration′s drive to transform Korea into a creative economy. She has vowed to cut through red tape and provide financial incentives to them. In line with this, the government has earmarked 92 billion U.S. dollars this year to support small and mid-sized businesses, including startups. Getting off the ground is one thing,... but turning startups into profitable businesses is another. Korea′s number one web portal Naver, one of the most successful startups that survived the dot-com crash, is also providing practical help. It′s opening a startup accelerator this year in Seoul′s version of Silicon Valley, the "Teheran Valley." That area will also house a government-led tech start-up campus and the third Google campus in the world. "The success of start-ups is key to realizing the government′s creative economy plan, which in turn is key to getting the Korean economy back on
Views: 1726 ARIRANG NEWS
South Korea Small Business Ideas and Opportunities
 
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South Korea Small Business Opportunities and New Business Ideas, Best Franchise, Home Based Business, for South Korean Women & Youth at http://entrepreneur-sme.asia/entrepreneurship/asia/south-korea-sme-opportunities/
Starting a Business in Korea Crash Course
 
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This crash course was created by https://entrepreneurkorea.com to help you start a business in South Korea. It talks about the types of businesses in Korea, registering your business in Korea, renting business space in Korea, accepting payments in Korea, tracking your sales and expenses in Korea and reporting your taxes in Korea. Please comment below or email me at [email protected] if you have any questions.
Views: 94 Entrepreneur Korea
Young entrepreneurs share stories of success
 
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청년창업 사례자... 성공의 비결은? Korea has been active in stepping up efforts to become an innovative and entrepreneurial economy... driven by the current administration's "creative economy" initiative... which relies heavily on a vibrant startup culture in the tech industry. Nonetheless, startups and entrepreneurship are fairly new concepts in the Korean economy. But, Asia's fourth largest economy has been seeing a burgeoning corps of young entrepreneurs in recent months and years... The second installment of our special feature: Entrepreneurship, Both Job Creator and Job Alternative -- our Lee Ji-won shares with us a few success stories. Here in this small building in Seoul, two grad-school students are busy at work. A little over two years ago, the duo launched a startup based on an idea and need. "Seatbelts are designed for adults, so when used by children, the strap tends to scratch their necks. But by using our product, the angle is adjusted…alleviating physical discomfort and providing children with a positive experience with the doll." The product took first prize in their university's start-up competition and was granted the world renowned design award. However, the accolades haven't necessarily translated to economic success as of yet. "We thought as long as it was functional the product would sell. But this was very naive on our part. Consumers must be convinced that they need the product, and it's very hard to do that." But the two continue to have faith in their products. "You must be confident and believe in your product. If doubt creeps in, it can really take a toll. You need to continue to test you're product or service until you are certain it will work." Many young business people are also making their start in the local food industry. This food truck which operates in a popular university area in Seoul welcomes hordes of customers. "The patty is very juicy and the vegetables are really fresh. This burger is really delicious." "Good, it's good. Actually the size is bigger than the normal ones we eat in Hong Kong. The young CEO started this food truck six years ago to create handmade burgers that can easily be eaten without using utensils. He opened a second branch last year near Hongdae, a popular neighborhood among young people,...and so far, registered sales of about 506-thousand U.S. dollars. But like any other business, challenges remain as the industry is often at the mercy of external factors such as weather,... for example, sales may drop by half during the winter and rainy season. Despite this, the CEO expects the business to grow based on taste and the fact that his burgers are made to order. "Your product or service should not be swayed by trends. It has to be something unique and that you are good at. That is the key to sustaining success." Kim Seung-hyun is a young entrepreneur who proves that a top education isn't always necessary for success. After dropping out of high school, he worked as an apprentice under his father and learned about the printing industry. He eventually realized the potential of Korea's packaging market and started his own business in 2012. Now at 28, he is the CEO of one of the most successful packaging firms in the country, with projected sales of about 1-point-7 million dollars this year. "It wasn't easy learning about the packaging industry. There isn't much information about it on the internet. I had to actually visit factories and printing firms to learn firsthand, and people in the industry were not very willing to teach me at first." Kim says the most important factors in package design are eye-catching appearance and practicality. Keeping these fundamentals in mind, the company was able to create packaging for a variety of products including some of world's most renowned luxury goods. With his company now an established firm in the industry, Kim is helping other startups promote their products... through marketing assistance and offering discounts on packaging. He wants to share his experience and help others prosper. "The most important thing when launching a startup is to experience everything firsthand. You always have to be on your toes and be willing to take the bumps at different stages. Only then, can you truly understand your business." The entrepreneurs say that being a young CEO,... is not a disadvantage, as long as you are brave and knowledgeable about your business. Lee Ji-won Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 8254 ARIRANG NEWS
Question - How to Start a Small Business in Korea ?
 
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👍Buy Korea Guide: http://amzn.to/1S2d5Wh I m Answering the Question as Korea Folk Village and the Question is How to Start Your Business in Korea, South Korea. So I Will Say Starting a Business in Korea in Not Easy and Its Hard if You Want to Start a Small Business in Korea . Starting a Business in Hong Kong is Very Easy, You Just Need to Do the Business Registration and Take Your BR. http://bit.ly/1NiRRCV I m Going to Start My Own Business in Africa, Rwanda. Subscribe for More Jimmy a Geek Tech Questions Videos. ♞Host: Umair Ramay (Jimmy a Geek) ♞Ask Me Question at [email protected] ✪My Complete 2017 Video Gears: https://kit.com/jimmyageek/youtube-setup-2017 This Video is Recorded with: ►Camera: Sony WX500: http://amzn.to/2jzaqpy ☗ My Website: http://www.JimmyaGeek.com ☗ Facebook: https://www.facebook.com/JimmyaGeek ☗ Twitter: https://twitter.com/umairramay ✔T-Shirts: https://shop.spreadshirt.com/JimmyaGeek ✔Patreon Support: http://bit.ly/2c0CBtv ❤Best PC PARTS: http://amzn.to/2iY7y8h ❤Best Laptop: http://amzn.to/2iGpsZS ❤Best GPU: http://amzn.to/2iude72 ❤Web Design Books: http://amzn.to/2hJ26of 💡Power of Habit: http://amzn.to/2jKu9SE 🔥 HostGator: http://bit.ly/2kL4ddE 💢 IT Training: http://bit.ly/2jLLME2 ✨Coding at TreeHouse: http://bit.ly/1Twh7Wk ░Disclaimer: Links are Affiliate Link░
Views: 1705 Jimmy a Geek
Kick start South Korea - business planet
 
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South Korea has one of the fastest growing and most hi-tech economies in the world. So it is an extremely attractive market for SMEs (small and medium sized) European companies specialising in the latest technologies. Thanks to their expertise in ultrasonic suspension technology for non contact handling of surface-sensitive and fragile products, one German SME is now working with one of the largest hi-tech companies in Korea. To prepare for developing their business here, the company went on... READ MORE : http://www.euronews.com/2014/04/04/kick-start-south-korea What is in the news today? Click to watch: http://eurone.ws/1kb2gOl euronews: the most watched news channel in Europe Subscribe! http://eurone.ws/10ZCK4a euronews is available in 14 languages: http://eurone.ws/17moBCU In English: Website: http://www.euronews.com/news Facebook: http://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews
Views: 11215 euronews (in English)
Startup KEZ Smart Monitor Band: South Korea Smart Content Business Day
 
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I talk with Won Min Lee about KEZ - an emergency smart band that will monitor children, elderly, and more. This is not a watch, but a system to keep the guardian around even when they are not. Subscribe here: http://j.mp/Youtubegeek Subscribe on iTunes: https://geekazine.com/itunes/ Amazon Affiliate Store: https://www.amazon.com/shop/geekazine Get the Geekazine T-Shirt: https://geekazine.com/merch/ Tip Bucket! https://geekazine.com/tipme/ Visit Geekazine: http://www.geekazine.com Join the Geekazine Sconnies! https://www.facebook.com/groups/sconnies RSS Bandwidth by Cachefly: http://www.cachefly.com -Follow Me on the Socials- Twitter: http://www.twitter.com/geekazine Facebook: http://www.facebook.com/geekazine Instagram: https://instagram.com/geekazine LinkedIn: https://linkedin.com/in/geekazine About Geekazine: A consumer tech, enterprise tech, music tech, and auto tech channel with Geek flare. I attend major events such as CES, SXSW, and more. I teach people to podcast, videocast, and livestream. I love to #geekout. -Gear I Use- Check out the gear here: https://geekazine.com/about/gear-i-use/ - Disclaimer - Product review policy of Geekazine: https://geekazine.com/about/product-reviews/ Would you like to get your product reviewed by Geekazine? http://www.geekazine.com/contact ~~~ Top 2018 Videos: Amazon, Netflix, Hulu Comparison: https://www.youtube.com/watch?v=HXplOxoRkiY How to Get HBO, Showtime, Starz, without Cable: https://www.youtube.com/watch?v=CfIN-TuAZoI Dell Precision 5530: https://www.youtube.com/watch?v=96vKtuGvBfc Netgear Nighthawk X10: https://www.youtube.com/watch?v=oY6PCxrwPPQ Bell's Palsy First 48: https://www.youtube.com/watch?v=RMX48CIyCGE Is Hulu Live TV Worth it? https://www.youtube.com/watch?v=e1ZCjYcovag ~~~
Views: 164 Geekazine
Rise of startups in North Korea
 
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Is it possible to run a startup company in North Korea? Geoffrey See, founder of Choson Exchange who has worked with North Korean entrepreneurs, answers. Click here for the related article -- http://www.koreaherald.com/view.php?ud=20181025000497&ACE_SEARCH=1 Follow us on *Facebook: https://www.facebook.com/thekoreaherald *Instagram: https://instagram.com/koreaherald *Twitter: https://twitter.com/TheKoreaHerald
Views: 1430 The Korea Herald
Quick Business Turnover in Korea
 
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Things move at a quick pace in Korea. In fact, a joke among many expats is that your favorite shop can be open one day, gone, the next, and completely replaced the day after. Today's VLOG is an example of just that. For five years, the Mister Donut shop in Byeongjeom station has been a fixture - but now it's gone. In just a few days it went from a seemingly successful store to a gutted hovel. The same can be said for the Paris Baguette located near my university. For three years (if not longer), the store was doing well. Then, one morning. It was gone. -= WEB SITES =- G+: http://google.com/+SteveMiller_QiRanger Twitter: http://twitter.com/qiranger Asia News Weekly: http://twitter.com/asianewsweekly Facebook: http://www.facebook.com/qiranger Facebook Page: http://www.facebook.com/qirangeradventures Instagram: http://instagr.am/qiranger Blog: http://qiranger.com News Channel: http://youtube.com/qiranger The Vlog Channel: http://youtube.com/theqirangervlog Podcast: http://asianewsweekly.net
Views: 9076 Steve Miller's VLOG
Korea home to only three global start-ups worth US$ 1 bil.
 
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기업가치 1조원 넘는 스타트업 한국엔 3개뿐 The number of startup businesses around the world worth more than a billion dollars, the so-called "unicorns," has quadrupled over the past three years to nearly 190. According to a report by the Seoul-based Institute for International Trade, the U.S. and China together account for more than 75 percent of the unicorns -- like Uber and Xiaomi -- but perhaps surprisingly, Korea is home to just three of them -- the e-commerce site Coupang, app business Yello Mobile... and online entertainment company CJ Games. Almost all the billion-dollar global startups -- some 93 percent -- are in the IT field. The report urges the Korean authorities to help promote local startups by getting rid of what it called "negative regulations" that allow no exceptions and ultimately stifle growth. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 176 ARIRANG NEWS
Korean startups venture into UK market
 
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한국 '스타트업'들 영국시장 공략 ypk Korean startups are starting to look abroad for opportunities... One ambitious group of entrepreneurs recently had the chance to rub shoulders with investors and suss out their business prospects. Kim Jung-soo takes us to the Korea-U.K. startup forum. Nearly two dozen Korean startups specializing in everything from the Internet of Things to biohealth and e-commerce were in the U.K. recently,... hoping for a shot at taking their venture overseas. They were invited to the heart of the world's third largest tech cluster... for the daylong Korea-U.K. Startup Forum on Tuesday at East London Tech City. The tech hub currently hosts over a thousand startups... and attracted over two-billion U.S. dollars in investments last year. The Korean startups... seemed confident the event would give them a boost. "I got to make valuable new connections so I'm sure we can make the best of this opportunity in London." The more than 100 investors and government officials present... also expressed interest in the Korean tech industry. "If we find products and technologies that can be made better out of Korea and more innovative, we should be investing in them." The Korea Trade-Investment Promotion Agency, which co-hosted the event with the UK Embassy,... says it will organize more events like this to encourage productive conversations between startups and international investors. Kim Jung-soo, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 148 ARIRANG NEWS
Korea's e-commerce giant Cafe24 helping local firms expand business overseas
 
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해외로 뻗는 한국 온라인 쇼핑몰, 중기부 올해 목표에 힘입어 Stretching further into the global market,... that's one of the goals set by the Moon administration,... as they hope to see more of Korea's small and mid-sized firms doing business overseas. And now, we take a look at a local firm doing just that,... helping other companies expand their business horizons beyond Korea... through the company's e-commerce platform. Shin Se-min reports. It was part of the South Korean government's plan for the brand new year that they support small and mid-sized firms and start-ups to encourage them to go global. The Ministry of SMEs and Startups announced this week that it's adding more than 165 million U.S. dollars into its annual budget to back small firms that plan to expand overseas. The ministry says the backing will give smaller firms the impetus to enter the global market through e-commerce platforms,... by fostering online-shopping malls. And Korea's e-commerce giant, Cafe24, competing with Shopify of Canada and China's Alibaba-- already has a firm footing in the global market. The company logged over six-billion dollars worth of transactions in 2017 through its e-commerce platform,.. a jump of 51-percent compared to two years ago. And while the head of the e-commerce giant sees the fast-approaching 4th industrial revolution as a potential boon,... difficulties remain. (KOREAN) "There are multiple steps that go into connecting companies in Korea to customers overseas. And challenges always pop up as we, as a platform, work to provide the best service for our users on both ends." From creating a small online company through its shopping mall, to branding and marketing its products to those living outside Korea,... and eventually making that business successful,... the CEO says every step is a challenge. But with the recently announced government plans,.. Cafe24 is hopeful that some of the difficulties it has been facing,... will ease over time,... and it will achieve its goal of helping other local companies make the jump from a domestic market of 50 million people to a global market of billions. Shin Se-min, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld
Views: 277 ARIRANG NEWS
Foreign entrepeneurs: diversifying the Korean startup ecosystem
 
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외국인 창업자를 찾는 한국 스타트업 환경 Over the past four weeks, we've looked at the state of Korea's growing startup environment. In this week's last News Feature on startups, we look at what's been missing, namely, diversification. Kwon Jang-ho looks at issue and how the Korean government is trying to counteract. Silicon Valley, the capital of tech startups. Some 15-thousand startups are located there, all looking to become the next big success story. But what makes it so attractive? I talked to Lee Sang-won, a Silicon Valley tech entrepreneur revolutionizing touchscreens, to try and find out. "One of the major parts is the funding, to network with the VCs. And in the valley, the good thing is that they're right next to you. You can just call and stop by and meet one VC and then go next door and meet another VC." It's this hub of investment and talent that other countries are trying to recreate, including Korea. The Korean government has been spent some 3 billion dollars since 2014 to develop its startup ecosystem, providing support and funding, and building innovation hubs and facilities. But one area that has not been addressed is diversity. "If you look at some of the other ecosystems, Singapore, for example, Silicon Valley, London, New York, Berlin, all of these cities are very cosmopolitan, and the startups within these cities are also global. The CEO may or may not come from that country and will have a team with people all over the world in it. And I think this is an incredibly powerful asset that startups elsewhere in the world have, that at the moment we're not seeing so much of in Korea." It's a fact highlighted in Silicon Valley. While only 13-percent of the U.S. population is foreign-born, the number of tech and engineering companies in Silicon Valley founded by immigrants was 44-percent. The Korean government is looking to address this issue head on. "I'm here at the newly built Pangyo Startup Campus, just outside Seoul, which is set to house dozens of Korean startups. But now, the government is also looking to bring in foreign startups, by launching the K-Startup Grand Challenge." The program is looking to incorporate 40 startups from overseas, among the 200 to be based at the campus. Each company will receive flight tickets, office space, visa support and a piece of an 833-thousand dollar prize pool. It's the first program of its kind, and not only is the government hoping that it will provide jobs and help the local economy, it's looking forward to the experience it will give Korean startups as well. "There have been cases where Korean companies have tried to go global, but failed. To be better prepared, they need to meet other foreign startups and understand the overseas market better." The Korean entrepreneurs at the campus are already looking forward to interacting with their foreign peers. "When there are only Korean startups grouped together, you can only see what overseas startup environments are like through Google. But if they come to Korea, we can talk with them, find out about the situation and market overseas." Diversity is an issue other countries are facing, too. France has launched a similar program called the French Tech Ticket, inviting 50 startups to Paris, with 12-and-a-half thousand euros in prize money. The city of Chengdu in China also announced 10 new policies and a fund of 2 billion dollars to attract foreign talent. There are critics who argue that whereas Silicon Valley grew organically, government programs such as these are too forced, and the environments may not work in the long-run. But for the startups themselves, Lee of Qeexo says it doesn't matter. "The startups need every help they can get. Whether it's coming from the government or VC or from the private sector it doesn't really matter. As long as we're getting all the help that we can get, to make this business successful, that's what we're looking for." The K-Startup Grand Challenge may only be a small step toward diversifying the Korean startup eco-system, but it's a step in the right direction, especially to fulfill Korea's ambition to become a leading tech hub in Asia. Kwon Jang-Ho, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 862 ARIRANG NEWS
Korea home to only three global start-ups worth US$ 1 bil.
 
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기업가치 1조원 넘는 스타트업 한국엔 3개뿐 The number of start-up businesses around the world worth more than a billion dollars, the so-called "unicorns," has quadrupled over the past three years to nearly 190. According to a report by the Seoul-based Institute for International Trade, the U.S. and China together account for more than 75 percent of the unicorns -- like Uber and Xiaomi -- but surprisingly, Korea is home to just three of them -- the e-commerce site Coupang, app business Yello Mobile... and on-line entertainment company CJ Games. Almost all the billion-dollar global startups -- some 93 percent of them -- are in the IT field. The report urges Korean authorities to help promote such local entrepreneurs by getting rid of what it called "negative regulations" that allow no exceptions and ultimately stifle growth. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 134 ARIRANG NEWS
Korean startup finds success in food delivery app 

성공한 국내IT 스타트업 케이스 배달의민족
 
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It′s time for part 2 of 5 on our Korean startups series. Today we focus on one specific startup in the food delivery business.... that has broken new ground via mobile technology. Our Kim Ji-yeon tells us the secret behind its success. A number of apps have popped up in recent years... enabling users to order food without ever making a phone call. One of these is Baedal Minjok by a startup company called Woowa Brothers... and it′s getting a lot of attention. The app, launched in 2010, is known for its user-friendly mobile platform. A commercial for the app, which looks like a movie trailer, went viral on social networking sites and YouTube. Baedal Minjok currently dominates the app-based food delivery sector,... estimated to be worth one-trillion Korean won,... or 928-million U.S. dollars. Over five million deliveries were made through the app last month alone,... with 150-thousand restaurants participating nationwide. But what makes this company stand out is its potential, fueled by a major investment from Goldman Sachs. "I think the 36-million dollar investment from Goldman Sachs shows a level of confidence, not just in Baedal Minjok, but the Seoul startup ecosystem. There′s a great level of talent, there are wonderful universities here pumping out incredibly educated students. There is investment coming in. And then the most important thing: there′s drive and a hunger to want to build." "What′s the secret behind getting so much attention? What′s the secret behind your success?" "I think one of the best things about this company is that because of the structure that we have, anybody at any level can voice their opinion and their opinion is extremely valuable." This flat structure helps to better cater to consumer trends with the timely execution of ideas. It also sets the company apart from most Korean firms and startups that follow a top-down structure. So what′s next? It plans to broaden its take-out focus to include all types of restaurants. The company also wants to go global. It has already partnered up with Line, a mobile-messaging app owned by Korea′s largest portal Naver,... to expand into Japan. Kim Ji-yeon, Arirang News.
Views: 2994 ARIRANG NEWS
2nd miracle of Hangang, start-up Korea: Youngha Ko at TEDxHangang
 
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Youngha Ko, from South Korea, is well-known for his work performances in venture field. As a president of Go Venture Forum, non-government organization that helps start-up companies, his main concern toward the future of S.Korea is arising from companies that are newly starting up their business. In TEDxHangang, Youngha Ko explains the historical background that drives Korea to develop. Moreover, he points out implications on need and urgency of Venture. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 589 TEDx Talks
2017 K-Startup Grand Challenge
 
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K-Startup Grand Challenge is a project conducted and financed by the Korean government. Ultimate objectives of the K-Startup Grand Challenge are to promote the expansion of an open entrepreneurship ecosystem in Asia and to assist in South Korea's evolution into a prominent startup business hub in the region. ----- http://www.k-startupgc.org/ https://www.facebook.com/kstartupgc/
Views: 199 Korean Startups
Startup series part 1: Startup fever in Korea 

스타트업 열기
 
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The ecosystem for startups in Korea is starting to blossom. So much so that some believe Seoul is on the cusp of becoming Asia′s Silicon Valley in the coming years. The government has thrown its full support behind nurturing startups,... dishing out tens of billions of dollars in grants and other subsidies. For the first in our five-part series on startups in Korea,... here′s our Kwon Soa. Only three startups have made it to the top 100 companies in terms of market capitalization in Korea... over the past 35 years. A fact that clearly highlights conglomerates still dominate the country′s economy. But, there are signs the corporate landscape is changing. The number of startups in the country has been hitting records in recent years,... reaching nearly 30-thousand last year. That′s more than triple the number during the dot-com bubble from the late 90s to the early 2000s. And the number of serious investors has grown too. 1-point-3 billion U.S. dollars was poured into startups last year, marking a 27 percent rise from three years ago. The startup ecosystem has also strengthened with a rise in angel investors, accelerators and networks. Startup Alliance, a joint effort between the government and private sector, for example, arranges special events to connect startups with potential partners and clients. "Compared to Canada where I′m from, the Korean government... a lot of Korean institutions are providing a really good environment to the people for preparing start-up businesses. For example, this kind of meeting,... and providing really good information, and a lot of seminars." Experts say, the new startup wave is different from the previous boom, when e-commerce was still a fledgling business and Internet connections were clunky. Now, net access is instant and easy, even more so thanks to the mobile revolution. "A lot of small startups are trying to connect some kind of services to the smartphone more efficiently than existing offline businesses. So, there will be a lot of new innovations on that front." President Park Geun-hye wants startups to lead her administration′s drive to transform Korea into a creative economy. She has vowed to cut cumbersome red tape and provide financial incentives to entrepreneurs with good ideas. In line with this, the government has earmarked 92 billion U.S. dollars this year to support them. Getting startups off the ground is one thing,... but turning them into profitable business is another story. Korea′s number one web portal Naver, one of the most successful startups that survived the dot-com bust, is also stepping in to provide practical help. It′s opening a startup accelerator this year in Seoul′s version of Silicon Valley, the "Teheran Valley." Also to be present there this year: a government-planned high tech start-up campus and the third Google campus in the world. "The success of start-ups is key to realizing the government′s creative econ
Views: 90 ARIRANG NEWS
Start-up Pitch Days South Korea 2017
 
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Together with Innopolis, a charitable organisation bringing together institutions from the worlds of business and science, the Seoul-based subsidiary of e&Co. AG, e&Co. Ltd, helped to stage this year’s Start-up Pitch Days in South Korea. On 25th and 26th October 2017, visionary teams and young entrepreneurs in the capital Seoul and the Jeonuk region had the opportunity to present their ideas and business plans to the event’s audience. As well as a range of local start-ups, the event was also attended by investors, government representatives, and venture capital companies from countries as diverse as Austria, Malaysia, Singapore, and China (e.g. Venionaire Capital, POSCO Technology Investment, Yuanta Investment, K&T Investment Partners und JX Partners). Geza Brugger, co-founder and head of investments and venture capital at e&Co. AG in Germany, delivered a key-note speech in which he took the assembled attendees on a journey through the European start-up and venture capital scene, offering exciting insights into the German tech eco-system, investments, and market trends, as well as entry strategies. Following his speech, he was then joined by Min Ho Park, managing director of the e&Co. South Korean subsidiary, to evaluate the ideas of entrepreneurs taking part in the start-up speed-pitching event (15 minutes per pitch), offering valuable feedback on capital requirements, business potential, and international scaling prospects. For more information about our management consultancy visit: https://www.eandco.com/home.html - and subscribe to our VALUE LETTER, which provides you with exciting articles and business insights: https://www.eandco.com/newsletter-en.html
Views: 119 e&Co. AG
In depth: Korea′s start-up ecosytem 

국내 스타트업 엑셀러레이터
 
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The Lotte Group recently set up an investment company to support start-ups launched by the younger generation. The firm is designed to provide initial capital, infrastructure, and mentoring services to startups and raise 88-point-3 million U.S. dollars in investment funds. It′s part of a wider trend here in Korea to foster the start of new businesses by younger Koreans. Arirang News′ Kim Min-ji joins me in the studio to give us a more in-depth look into the new boom. Min-ji, let′s talk about this particular investment company first. Good-evening, Conn-young. Lotte has tenatively named the firm ″Lotte Accelerator″ and its first baby firm - if you will - is a startup called ′Honey Spoon.′ Honey Spoon is now stapled to receive funding from both Lotte and one the country′s creative economy centers. Min-ji, for those of us who aren′t too familiar with the entreprenerial industry - explain to us, are these accelerators different from incubators? They are different, Conn-young. Accelerators ″accelerate″ growth of an existing company, while incubators ″incubate″ disruptive ideas with the hope of building out a business model and company. So, accelerators focus on scaling a business while incubators are often more focused on innovation. Here, take a look at how Korea′s accelerators have helped give start-ups a boost. Feeling hungry? Typically, you could rummage through menu booklets or even a smartphone app to find something to order. But this also implies that you might end up frustrated due to the lack of options, especially since the number of famous eateries that deliver is quite limited. So this company has decided to tackle this particular predicament. ″We′ve joined with more than 800 stores. The customer just makes an order via mobile app,... and then our riders pick the food up and delivers it to the customer′s doorstep.″ And such concept of delivery service was made possible by start-up accelerators like Fast Track Korea, which help foster start-ups as well as support existing ones from start to finish. ″Drawing up funding, coming up with ideas and finding new hires that′s what we do. We work with people who have great ideas and if they lack something, like marketing or R&D we help them.″ Start-ups are becoming more and more popular in Korea in recent days. The number of new businesses started by people under the age of 30 hit an all-time high of 1-thousand-1-hundred-23 in the first quarter of this year. The growth has been on a steady rise since the middle of last year. But the reality is that, Korea′s startup ecosystem is relatively young compared to that of the U.S,... and many end up closing their doors. ″In every aspect, we don′t have experience so everything is difficult. There′s a lot of places that offer help for startups, but they don′t prove to be very substantial. At accelerators, they give us what we really need.″ The government has
Views: 339 ARIRANG NEWS
Forget Chaebols South Korea embraces startups
 
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South Korean conglomerates, known as "chaebols," have dominated the economy here for decades but as CNBC's Chloe Cho finds out, a new start-up culture is emerging. Featuring Seoul Space's Richard Min and 2 up-and-coming companies in the Korean startup landscape: Shakr and Spoqa.
Views: 93 Richard Min
Giving young CEOs a boost in start-ups
 
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The unemployment rate has been edging down in recent months, but Korea's younger generation continues to find it extremely tough getting on the career ladder. In a bid to create more jobs, the government and local organizations are showing the CEOs of the future how to get their own businesses off the ground. Kwon Soa reports. Starting one's own business is the dream of many young, creative minds in the nation. And to help them achieve that goal, the Ministry of Education recently distributed a start-up-friendly school system manual, which allows students to leave university for up to two years so they can prepare to set up a business,... and gives credits to those participating in start-up related activities. Fifteen universities already had such a system in place at the end of 2013, and the ministry hopes to raise that number to 95 by the second semester of this year. "It IS difficult for students to start their own business, in terms of time, money, and room. However, our school has special start-up courses that connect us with venture companies so we can do internships." Blackbox, a club on the Sogang University campus has already trained over 160 students who are currently active with their own businesses. "Despite strong passions and various opportunities to receive help, young Koreans remain hesitant to jump into business. Why?" "Social perception is a problem. People think it's a better path for university students to work for conglomerates." However, people engaged in consulting at around 230 start-up organizations for young people see a bright future. "Due to the many success stories nowadays, the social perception seems to be changing." Redinus, a company founded last year, is one of those success stories. Its travel application now boasts around 10-thousand users. However, the company needed a good push off the starting line. "The biggest concern for young entrepreneurs is seed money. We received that by winning a contest held by the Korea Tourism Organization. These days, other institutes provide us with manpower." Apart from the cases of individual success, the government hopes that these businesses grow bigger, create more jobs, and kickstart a virtuous cycle. Kwon Soa, Arirang News.
Views: 80 ARIRANG NEWS
Entrepreneurship over University
 
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대학보다 창업 Does it really take a college degree to be a successful entrepreneur? Apparently not. Let’s meet some of Korea’s young and talented entrepreneurs that didn’t need a diploma to realize their visions. This is a multi-level shopping complex in Gyeonggi-do Province. The complex offers all kinds of products, but one captures the eye in particular. It’s a self-assembly educational toy for children. Surprisingly, this educational toy company is run by 19-year old Yeon Heui-yeon. (SOV) “Hello, I am Yeon Heui-yeon, CEO of Koi Story, which aims to create educational toys unlimited by angles and measurements, and a pioneering education tool that will change Korea.” ( . , . Koi Story .) Yeon visits the shop two to three times a week to meet and promote her products to the target consumers,the parents and check market response. These creations came from the imagination of the children. From a watermill to a big wheel, anything is possible with this toy. That led many schools and parents to purchase the toy, allowing the company to make approximately US$ 35,000 in sales in the first year of business. ( ) Yeon started this business at 15 when she was a high school freshman. What inspired her to found her own company at that tender age? Since her first invention at age 10, Yeon has been sweeping awards at various invention contests. She’s also registered dozens of patents for her designs and trademarks. (Korean, , ) "I founded a talent donation volunteer group named “Heading into the Ground” with some friends I met at the KAIST Center for Creative Entrepreneur, and we pursued various activities together. That experience inspired me to start a new education system and business in which students become teachers and teach their friends." Yeon started her business under the motto of “sharing educational benefits with everyone,” creating a curriculum in which students teach each other as well as educational toys. The CEO founded her own company while her peers went to university. According to 2016 data, 70% of Korean students attend college. Why did she choose such a different path? "I wanted to start a business and become a CEO to actualize my ideas. Therefore, I chose not to attend university and focus on making my dreams come true." The young entrepreneur shines with immense passion and ambition. She hopes to spark change in the world’s education system. To make her dreams come true, she strives to expand into the global markets starting with China and Vietnam. "I’d like to help create a society of sharing and a happy world in which more people realize their potential. That’s the kind of CEO and person I’d like to be." The 18-year old entrepreneur Jun Kim is a celebrity in the startup industry. (SOV) “Hello, I am Kim Min-joon, CEO of Nomad-donut Inc. I’m 18 years old and the youngest person to make the Forbes’ ‘30 Under 30 Asia’ list.” Kim founded a startup company with just US$9,000 after dropping out of high school. The company made about $55,000 in sales in its first two months and is about to reach the $90,000 mark. Kim’s colleagues are university graduates and much older, but they came to this company, mesmerized by his vision. Though young, Kim is already a veteran entrepreneur. He’s already run various businesses and organizations, including an Internet game company he launched at age 8, a platform for medical products for Chinese consumers and a non-profit educational organization. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld
Views: 245 ARIRANG NEWS
Young entrepreneurs get startup support from gov't revitalization program
 
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Now... it's fair to say that Koreans latch on to new trends as quickly as they fall out of love with them. So it's not uncommon to see once thriving districts fall out of favor. However,... some of these areas are being given a new lease of life... as local governments boost support for startups run by young people. Lee Unshin takes a closer look. This northwestern corner of Seoul... once known for crowd rocking fashion trends... suffered from a recession for years. "There weren't many people visiting this part of Seoul, and business was slow. But that was few months ago and now the streets are alive again with a new reputation as the center of fashion and culture filled with young entrepreneurs." Meet Chun Jun-woo, a designer and small business owner with a distinctive sense of style who runs a women's clothing shop in the area. "This women's jacket has angles like men's clothing. And the silhouette incorporates very straight lines." Chun is just starting out, but he's fortunate to be part of a program in the district for young entrepreneurs. One of the benefits... is free space for a year. "I heard about the Seodaemun-gu District project for startups last fall and decided to apply. I was preparing to start my own business at the time but if it weren't for the program, I could've only opened an online store. But for a clothing shop, fitting is crucial. Now that I have this space for a year, my clients can come and try the clothes on." The program is part of the district mayor's ambition to turn the abandoned streets into a haven for startups. The mayor says he's hoping to give young entrepreneurs... a chance. "This district used to have all the latest fashion trends, but that hasn't been the case in recent years. I wanted to restore the area's reputation and help young people with startup ideas... by providing them with business space for their first year. In the long run, I want this area to be a home for startups for generations to come." Now nine startup clothing and accessories shops fill this once vacant corner of the district. Under the program, participants also get free business classes, like this one in accounting...to help young entrepreneurs learn everything they need to know about maintaining an enterprise. Another urban project -- this one started by a private company -- is helping breathe new life into whole neighborhoods. This up-and-coming restaurant district has been nicknamed "Passion Island." "Table's ready for you." The neighborhood is frequented by foodies who wait in long lines in front of trendy eateries run by passionate young restaurateurs. Seeing it now, it's hard to believe this part of Yongsan-gu District once held a row of dying publishing factories. The transformation came about when a local company leased the run-down buildings and turned them into restaurants. At the same time, they also launched a mentorship program for young people who dream of opening a start-up, but don't have the money or experience just yet. "We've opened seven restaurants here. Young people who are interested in running their own businesses can apply to join us. They can work full-time via internships and learn everything about running a business. Then they can either open their own place or invest in our company, get more management experience and earn bonuses." One employee is an aspiring business owner who works as a manager and chef at a pasta eatery. His experience is a prime example of what the company stands for. "I've been a full-time employee for more than a year. I now manage a restaurant. What I'm hoping... is to open a business in China through the company." This kind of urban revitalization is a win-win for both depressed neighborhoods and their young residents, many of whom are struggling in a tightening job market. One industry expert sees this is an expanding trend. "Right now it's at the stage of sowing the seeds. For youth startups to last and stand firmly on their own, it takes time. It's important to support and nurture them. Urban renewal is deeply tied to the local economy, and because there's a difference in terms of capacity between what needs to be done on a government level and what can be done on an individual basis... it would be best to sort out the roles and try to find a balance." The professor also says it's important for districts to cultivate a variety of businesses so neighborhoods don't become oversaturated. That, he adds, in combination with hard work and dedication... are what will help make the revival last. Lee Unshin, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 65 ARIRANG NEWS
Hagwon Startup Podcast Episode 6
 
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Please watch: "Weeks Summary March 21 2019" https://www.youtube.com/watch?v=djR1m6OuDm4 --~-- Welcome back to the 6th installment of our Hagwon Startup Podcast. We are a couple of dudes, who know a thing or two about starting and operating an ESL business in South Korea, and we want to share some of our ideas and knowledge with a wider audience. We hope to provide our viewers with insights on how to start a Hagwon in South Korea, discuss some pitfalls and success stories, and bring an overall awareness to the beginning and running of innovative companies. Teaching English in Korea comes with a lot of challenges for both the teachers and owners. In our discussions we try to cover as many topics related to Hagwon Startups and teaching English in Korea as our combined experience of this field allows. Do expect the unexpected though, as we do not shy away from off topic conversation.
(Eng, Chn, Fra, Spa) K-Startup Grand Challenge 2017 - WHY KOREA
 
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This one-minute video tells you why Korea is the best place to start your business! Don't miss the Lifetime Opportunity ■ K-Startup Grand Challenge 2017 - http://www.k-startupgc.org
South Korea ranks 5th in World Bank's business environment survey
 
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한국, 세계은행이 꼽은 기업하기 좋은 나라 5위... 한단계 하락 A new report by the World Bank has named South Korea the fifth easiest country in the world to do business. The country received high scores for electricity supply, legal settlement and an easy administrative system for business newcomers. Hwang Hojun, reports. One of the top five business environments in the world. In its global rankings of business efficiency, which was published by the World Bank on Tuesday,... South Korea was ranked fifth out of 190 countries, with a score of more than 84 points. The coveted top spot went to New Zealand, followed by Singapore. The average point total for OECD high-income countries was 77.65. South Korea's points total was slightly up from last year, and well above the regional average, but still took a step down in rankings. The World Bank's annual report sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting eleven areas in the life cycle of a business: including but not limited to starting a business, getting electricity, resolving insolvency and labor market regulation. South Korea moved up the rating ladder by finishing first in terms of providing electricity and reaching a legal settlement. The country placed near the top in terms of its environment for starting a business, jumping to 11th place from its previous 23rd. The World Bank especially emphasized Korea's elimination of post-registration procedures. However, the country backtracked on offering protection to minor investors, dealing with construction permits, and getting credit and administrative procedures on cross-border trading. The nation's finance ministry says it'll push to make Korea an even more attractive place for doing business globally and starting new ventures. The government also says it will keep trying to improve regulations in general. Hwang Hojun, Arirang News. Visit ‘Arirang News’ Official Pages Facebook(NEWS): http://www.facebook.com/newsarirang Homepage: http://www.arirang.com Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld
Views: 1089 ARIRANG NEWS
Tech-Savvy South Korea Nixes Airbnb, Ridesharing Startups
 
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Despite South Korea's reputation for futuristic technology, its government has put a virtual roadblock in the way of sharing economy startups such as Uber and Airbnb. According to Reuters, researchers say South Korean laws would entirely or partially block about 70 percent of the world’s top 100 startups by investment size from bringing their services to the country. Those include giants Airbnb, Uber, and China’s Ant Financial. Regulations also prohibit venture capital funds from investing in financial, real estate, accommodation and restaurant sectors in South Korea. In February, top South Korean mobile messaging operator Kakao Corp bought South Korean ridesharing startup Luxi for $25 million, but it remains stymied by carpooling regulations, and has yet to launch amid fierce protests from taxi drivers. One protesting taxi driver set himself on fire and died last week, and unionized drivers say they plan a huge rally this week. http://feeds.reuters.com/~r/reuters/topNews/~3/quwMRxgD0M4/no-uber-or-airbnb-in-south-korea-red-tape-risk-aversion-hobble-start-ups-idUSKBN1OG2H2 http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com
Views: 28 Wochit Business
30 Small Business Ideas with low investment
 
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Small Business Ideas with low investment. Here is a list of 30 small business ideas which are very low investment. Business ideas for teenagers, entrepreneur, women, girls, beginners, College student. Small business ideas in India with low investment. Small business ideas in Bangladesh. Business ideas in India with small investment. Small scale business ideas in India. Business Ideas in UK, USA, Germany, Spain, France, Italy, South Korea, Philippines, Indonesia, Nepal, Pakistan and Africa. Born For Entrepreneurs http://bornforentrepreneurs.com
Views: 241959 Born For Entrepreneurs
India Korea Start-Up hub to be inaugurated
 
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India Korea Start-Up hub to be inaugurated ‘DD News’ is the News Channel of India's Public Service Broadcaster 'Prasar Bharati'. DD News has been successfully discharging its responsibility to give balanced, fair and accurate news without sensationalizing as well as by carrying different shades of opinion. Follow DD News on Twitter (English): https://twitter.com/ddnewslive Twitter (Hindi):https://twitter.com/DDNewsHindi Facebook: https://www.facebook.com/DDNews Visit DD News Website (English): www.ddnews.gov.in Visit DD News Website (Hindi): http://ddnews.gov.in/hi/
Views: 14974 DD News
Hagwon Startup Podcast Episode 9
 
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Please watch: "Weeks Summary March 21 2019" https://www.youtube.com/watch?v=djR1m6OuDm4 --~-- Hagwon Startup Podcast Episode 9. Welcome back to the 9th installment of our Hagwon Startup Podcast. We are a couple of dudes, who know a thing or two about starting and operating an ESL business in South Korea, and we want to share some of our ideas and knowledge with a wider audience. We hope to provide our viewers with insights on how to start a Hagwon in South Korea, discuss some pitfalls and success stories, and bring an overall awareness to the beginning and running of innovative companies. Teaching English in Korea comes with a lot of challenges for both the teachers and owners. In our discussions we try to cover as many topics related to Hagwon Startups and teaching English in Korea as our combined experience of this field allows. Do expect the unexpected though, as we do not shy away from off topic conversation.
South Korea ranks 33rd best place to do business
 
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'기업하기 좋은 나라' 1위는 덴마크…한국은 33위 If you are looking for a country to start a business, Forbes reckons Denmark is the place to be. The magazine has ranked the country number one on its prestigious ′Best Countries for Business′ list for this year. South Korea dropped one notch from last year to thirty-third. Sohn Jung-in has more. Forbes gauges the business friendliness of the world′s biggest economies and releases the results every year, and this year, Denmark has ranked number one once again. The list grades eleven different factors, such as property rights, corruption, freedom, and investor protection,... with each category equally weighted. Denmark scored high in all of the categories measured, but particularly well for personal and monetary freedom and low corruption, offering a transparent and efficient business climate. European countries, despite their sluggish economy, dominated the ranking, accounting for two-thirds of the top 25. New Zealand moved up one spot to number two, followed by Norway, Ireland and Sweden to round out the top five. The U.S.-based magazine ranked South Korea as the 33rd best place to do business, down one spot from last year. The United States tumbled four spots to rank 22nd, scoring poorly on monetary freedom. The world′s other biggest economies improved their overall standings. The U.K. and Japan both moved up three spots to number ten and number 23 respectively. China rose to 94th. One-hundred-44 nations were graded this year, based on data from international organizations, including the Heritage Foundation, World Bank and World Economic Forum. Sohn Jung-in, Arirang News. Visit ‘Arirang News’ Official Facebook Page https://www.facebook.com/newsarirang
Views: 110 ARIRANG NEWS
How did SOUTH KOREA become so RICH? -  VisualPolitik EN
 
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South Korean companies are on fire. And this is a surprise given that in 1960, South Korea was an extremely poor country. And no, we are not talking about relative poverty here. Other countries like Gabon or Zimbabwe were more developed. Today we are going to talk about South Korea! And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/
Views: 912094 VisualPolitik EN
Korean startup boom - Arirang TV BIZLINE
 
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Startup companies, consisting of relatively small number of people with innovative ideas and technology in the mobile and media industries, were the booming trend in the late 1990s. They are rising business trend not only in South Korea, but around the world. As the Korean mobile industry is finding its place to become the global leader, foreigners are coming to the country in hopes of realizing their dream. Accelerators like Seoul Space and Kstartup are programs that are helping Korea startups take the global stage, and global companies come to Korea... Originally aired on ARIRANG TV (Friday, March 29, 2013 - 9:00 AM (KST): http://www.arirang.co.kr/Tv2/TVCommon_NoStaff_Archive.asp?PROG_CODE=TVCR0685&MENU_CODE=101709&view_seq=6046&Page=1&sys_lang=Eng 모바일과 미디어 산업의 IT 기술과 혁신적인 사고를 가진 인재들로 구성 된 스타트업 기업들은 1990년대 말부터 선풍적인 인기를 끌어 왔습니다. 스타트업 기업은 결코 대한민국뿐만 아닌 세계적인 비즈니스 트렌드로 부상하고 있습니다. 특히 대한민국이 글로벌 모바일 산업의 선두자로 성장하게 되면서 꿈을 실현하고자 하는 많은 외국 스타트업 기업들의 한국 방문이 이뤄지고 있습니다. 서울스페이스와 KSstartup과 같은 엑셀러레이터 프로그램은 한국 스타트업 기업들의 세계 진출과 글로벌 기업들의 한국 진출을 성공 시킬 수 있도록 지원하고 있습니다... Originally aired on ARIRANG TV (Friday, March 29, 2013 - 9:00 AM (KST): http://www.arirang.co.kr/Tv2/TVCommon_NoStaff_Archive.asp?PROG_CODE=TVCR0685&MENU_CODE=101709&view_seq=6046&Page=1&sys_lang=Eng
Views: 1767 Richard Min
How to Start a Small Grocery Store Business
 
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In this video I show How to Start a Small Grocery Store Business. Grocery or chain shop business is a great business ideas. Grocery Store Business in India, Bangladesh, Pakistan, UK, USA, Australia, Canada, Germany, Netherlands, South Korea, Philippines, and Indonesia, Click Here to Subscribe! https://www.youtube.com/c/bornforentrepreneurs Like us on Facebook: https://www.facebook.com/bornforentrepreneurs/ Thank you! Born For Entrepreneurs http://bornforentrepreneurs.com How to Start a Small Grocery Store Business
Views: 338806 Born For Entrepreneurs
Korea France Startup Summit 2018 (EN)
 
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Between the 10th and 15th of October 2018, in the dynamics of the Global Business Forum organized during the visit of Korean President Moon Jae-in in France, Creative Valley participated in the organization of a major event dedicated to startups.   The Korea-France Startup Summit was organized jointly with the Korea Institute of Startups & Enterpreneurship Development (KISED) and Creative Valley with the support of Korean Small & Medium Business Corporation (SBC) and the Korea Trade Investment Promotion Agency (KOTRA), Korean, as well as BpiFrance and Paris Region Entreprises (PRE) French side. Video Partners : Première-Image
Views: 28 Creative Valley
Korean startup ecosystem and the “creative economy”
 
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Richard Min on the give insights on the creative and why its grabbing with the world.
Views: 193 Richard Min
Restaurant Start up Mistakes: How to open a Restaurant
 
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In order to open a restaurant, bar, café, nightclub or bakery business successfully, you must first select the right location. So many restaurant startups fail before they even get open. Sure a restaurant business plan is important, but the one factor I see missing from most plans is the 5 most important factors in their location. In today’s video, I will share with you my 3 tips for pick the perfect location for your restaurant, pizza business, café, bakery or bar. WATCH THIS VIDEO ON OUR WEBSITE: https://therestaurantboss.com/restaurant-start-mistakes-how-to-open-a-restaurant/ LEARN MORE ABOUT BACON: http://ClickBacon.com DOWNLOAD THE RESTAURANT PROFIT GUIDE: http://restaurantprofitandperformance.com FREE RESTAURANT TRAINING TIPS: http://TheRestaurantBoss.com MORE FREE RESTAURANT TRAINING TIPS: http://RestaurantProfitandPerformance.com SUBSCRIBE: http://www.youtube.com/subscription_center?add_user=gromfinboss At The Restaurant Boss, I post weekly training tips for restaurants and bar’s. Tips range from food and labor cost, to restaurant specific marketing and management. I welcome you to check it out and sign up for my FREE video training series. LET’S CONNECT! Facebook - http://facebook.com/TheRestaurantBoss Twitter - https://twitter.com/RyanGromfin Instagram - http://instagram.com/ryangromfin MORE GREAT VIDEOS https://www.youtube.com/user/gromfinboss Please be sure to like this video and leave your comments or questions below as well as share this video with your friends, co-workers and other restaurant owners, managers and operators. I promise to respond to every comment or question! Thank you, Ryan Gromfin The Restaurant Boss http://TheRestaurantBoss.com
Views: 516325 The Restaurant Boss
Korea's media start-ups breath new life into society
 
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한국의 미디어 스타트업 현장 조명 Start-ups in Korea have mostly been clustered in the IT scene. But recently, there have been noteworthy entities popping up, catering to previously unnoticed audience needs. Not only that, they boldly upped the ante for journalism. Kim Jung-soo sheds light on some of the valiant attempts by the little guys, as well as coordinated efforts to support these 'media start-ups.' It's said that the media industry in Korea is nearing saturation -- that in terms of content and reach, it's got all its bases covered. But the country's media startups would beg to disagree. They think there's a lot more room for growth and experimentation. One such start-up is Korea Expose, an online-based 'English news and culture magazine on South Korea with an insider's perspective.' Slightly before the site was formally launched in August 2014, its chief founder, Koo Se-woong, submitted a piece called 'An Assault on Our Children' to the New York Times. In it, he talks about the country's hierarchical education system, and how it makes students sacrifice happiness for success. The piece went viral, and was later translated into Korean by Yonhap News, giving him much-needed confidence about his new project.
Views: 430 ARIRANG NEWS