2020-01-22 06:17:351970-01-01 00:00:00
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A Tough Start to a Strong End

Just several years ago, many were unsure of the meaning of start-ups...

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A Tough Start to a Strong End   Just several years ago, many were unsure of the meaning of start-ups.  Today, the same word represents the outcome of business ideas arising from bright-minded individuals around the world. The presence of start-ups redefined how businesses operated. Gone were the days where it was tough to run a business without adequate capital flow. Rather, mind-blowing innovations now arise from the room of a college dormitory, a self-contained studio or simply in one’s garage. The brains behind South Korea’s most valuable start-up, Coupang is 41-year old Bom Kim. Like many other prospective entrepreneurs, graduating from Harvard’s most prestigious MBA means being one step closer to his dream. Yet, merely half a year into the course, Mr Kim decided that studying wasn’t his cup of tea and pulled out from the course. Today, he owns the $9-billion e-commerce giant who boasts a customer database close to half of the entire population in Korea. The business started less than ten years ago based on a Groupon-style business introducing daily offers. Yet, Kim was diligent enough to ride on the opportunity upon noticing the growing role of e-commerce. Despite its success in crossin

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