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Why Entrepreneurs in Seoul Flourish in Coworking Spaces
Coworking spaces in Korea overall experienced a massive rise in popularity before the pandemic, mostly because entrepreneurship has been on the rise in Korea over the past decade. However, once COVID-19 hit Korea, many startups in Korea had to leave these coworking spaces and consider working…
The Future of UK-South Korea Relations
The relationship between the United Kingdom and South Korea has grown significantly in recent years, with both countries seeking to enhance their economic and political ties. It was uncertain how this relationship would be after Brexit, but after a few years, it is clear that South Korea should not…
Best Networking Tips for Korean Entrepreneurs to Succeed
Koreans are naturally shy and most are considered introverts. This is one of the reasons why many Koreans refuse to speak English even though they can. The mentally seems to be that if you are not perfect at something you shouldn't try. Koreans are mostly perfectionists which can hurt their growth.…
The Electric Vehicle Industry in Korea – 3 Million EVs by 2025
The South Korean government plans to invest heavily in the electric vehicle (EV) industry in the coming years. The electric vehicle industry in Korea is in massive growth thanks to the support of the government. They will be incorporating the same low-emission subsidy/tax credit strategy used by…
How Coupang Continues to Succeed Despite Being Unprofitable
Many investors, mentors, and advisors in Korea will tell you that sales/profits are everything for a startup. Turning a profit shows that you have succeeded and it is what every business should strive for. Or is it? Most businesses exist to make money, so why is it that some of the biggest…
Education Inequality in Korea is a Problem that Needs to be Solved
Having access to better schools, teachers, and private education is a huge advantage for those who can afford it. Education inequality exists all around the world, however, it is extremely problematic in South Korea. The education system in Korea has been criticized for putting too much weight on…
