Entrepreneur in Korea

tag (27 Posts)

December 2017 Review

Quick Summary:

December Goals Results
Other News
Other Businesses and Projects
Thoughts, Goals and The Big Picture for January 2018

So here is my review for the month of December, 2017

December Goals Results

1. Establish my trade business by registering it as a legal business and become part of some trade organizations in Korea: The good news is that I was able to register my trade business. It cost me nothing, except for the transportation fee to get myself to the tax office in Gangnam. So I am the owner of Smart Trade Korea. Congratulations to myself! I have made literally 0 won so far from this business, so there isn’t much to celebrate. But it is something. Unfortunately, I did not become part of some trade organizations yet. I plan on becoming a member of KOTRA and maybe a few others as there are some perks to becoming a member. Honestly, I put my trade business to

November 2017 Review

Quick Summary:

November Goals Results
Other News
Other Businesses and Projects
Thoughts, Goals and The Big Picture for December 2017

So here is my review for the month of November, 2017

November Goals Results

1. Improve my Korean by learning more advanced business vocabulary before I start my Trade academy course on November 20th: I probably studied pretty hard for like a week and then just did some studying here and there. The crazy thing was that I understood the Korean lectures a lot better than expected. My Korean is better than I thought, I guess that goes for all people when they think of their language skills. And like always, I always got ahead of myself and said that I would read such and such, when in fact I didn’t. Well, as they say, shoot for the moon and you’ll be amongst the stars.
2. Make a marketing campaign for Pepero Day (Blog post, front page of website, social

I am not You, You are not Me

So one of the things I truly love about working with my wife is that we can have lunch together. Not too long ago, we went for Kimchi Jiggae. The place we usually go to is called “Baik Chae” (백채). I really like this franchise because they give a lot of meat. And we usually get the size that is for two people, which comes in one bowl. The bowl is filled with meat, broth, tofu, kimchi, and some other vegetables. Oh, and we add some noodles for 1000won, which is well worth it.
For the longest time, I noticed my wife only eating half the tofu in the bowl. The tofu is her favorite part of the kimchi jiggae, but why was she only eating half? Well the answer is very simple, she didn’t want to be selfish and wanted to share the best part of the soup. And whenever

EK008: Delivering For Your Business in Korea Part 1

Subscribe to the podcast on: iTunes
In this podcast episode, I share more about delivering for your business in South Korea.  I recently shared my random thoughts on this topic in a recent blog post, but I wanted to share some experiences and just give you an overall idea of what goes on, at least from my personal experience running my flower business.
Listen to the podcast to hear the process I go through for our deliveries, some things to keep in mind when preparing and making deliveries, and some challenges that can arise when trying to deliver your sold goods to your customers in South Korea.
I am going to publish more solo podcast episodes where I talk about a certain topic in the business/entrepreneur world in Korea, so stay tuned for more topics. 

If you are an entrepreneur in Korea or an entrepreneur with connections to Korea, please contact me and let

EK007: Personal Coach and Entrepreneur Mattue Gale

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In this podcast episode, I get to speak with Mattue Gale. He goes by Matt and he is a personal coach. He shares a bit about his journey and a bit about himself, but he mostly shares about what he does. He uses a special method in his coaching and actually went through a coaching exercise with me. It was different for me because I never received coaching, except for when I was on sports teams. The things he talks about are very interesting and his take on entrepreneurship is different than our past guest. Check out the full podcast episode to hear more from Matt and about the benefits of his coaching method.

Related Links and Notes:
Matt’s Contact:
mattue.gale@gmail.com
Coaching Method:
Neurolinguistic Programming (NLP)
If you google the above words, you can find out more information about this method, which is what Matt utilizes in his personal coaching.

If you are an entrepreneur

EK006: Kimchi Socks Owner Jason & Being an Entrepreneur in Korea

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In this podcast episode, I hang out with Kimchi Socks Founder and Owner, Jason V. Holmes. I had a lot of fun in this one as you can tell by all of the laughing in the episode. We get to hear Jason’s perspective on entrepreneurship in Korea, some insight, as well as why he came up with the name, “Kimchi Socks”. He shares a lot about “Drive” and shares a lot of his experiences networking and doing business in Korea as well as coordinating with his team in the US. His insight will help you in your entrepreneur journey in Korea. Here are the personal questions I ask him, followed by some show notes:
Q1. If you could spend a three day vacation in Korea, where would you go and why?
Q2. What is one Korean food you like and one you aren’t so much a fan of.
Q3.

Chuseok Is Way Too Long For Some of Us Business Owners

Chuseok is Korean Thanksgiving and for the year 2017  most people get literally 10 days off! Like amazing right?! Well, if you were to ask me in 2011, then I would say, “Best thing ever! I get paid vacation and I can visit another country!” Well, that’s when I was working for a public school teaching as a Native English teacher in Seoul, South Korea. But what about now? Nope, not for me, not anymore. I rather it just be normal working days.
I no longer am an employee of a company, but I do believe employees of businesses do deserve a break, but 10 days off for most companies is not really a good thing for the Korean economy. It only benefits the places where people go during Chuseok and if anything, a lot of the small businesses suffer.
My business, Flower Gift Korea actually lost some sales because of Chuseok. We

Checking Your Website on Different Browsers

*This is my first post on the technical aspect of running a business in Korea, so I apologize if there are words and ideas you are unfamiliar with. If you have any questions, please feel free to comment or email me at entrepreneurkorea@gmail.com and I’ll see if I can create more content that is helpful.
My website for Flower Gift Korea is currently https://www.flowergiftkorea.com though it was originally http://www.flowergiftkorea.com. Did you notice anything different about the two website URLs (addresses)? Maybe you didn’t, but if you look again, the first one starts off with “https” and the second one is “http“. I don’t want to get too technical about this, but the difference between the two is that “https” is a more secure website. So if your website accepts payments from people via credit card or other methods used on your website, it may be a good idea to get your

EK002: Starting Up in Korea With Entrepreneur Maria Lee

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In this podcast episode, I was able to spend some time with Maria Lee, who is an Entrepreneur in Korea who founded a business that has recently changed its name from “AskAjumma” to “Wonderful”. We start the podcast with a quick intro from her and then follow up with 5 fun non-Entrepreneur related questions. It was really fun discussing the following 5 questions with her:
Q1. If you had to choose one animal to describe your character what would it be and why?
Q2. What is one Korean food you like and one you aren’t so much a fan of.
Q3. So someone is visiting Korea for one day and asks you to share two places they should visit, where would those places be and why?
Q4. What is one Korean movie people should watch and why?
Q5. Have you ever been to Noraebang (singing room)? What song is your

Waiting for the BEST Time to Start a Business

I have some friends who want to start their own businesses one day, and others who want to invent something that will make them super rich. In their minds, they will one day create a cool business or an amazing invention that will generate a lot of money. I mean, who isn’t hoping to invent something that will make them super rich and famous? However, the problem is that it isn’t easy to invent something that will generate money and it can be really scary starting a business. But being scared to start a business is quite natural, and the greatest inventors probably failed more times than succeeded in creating something worthwhile. I personally was really nervous, excited, and scared when I started every single business I started in the past, and know that most felt the same. So waiting to feel “less afraid” or “more comfortable” may never happen.
I