IS427: Technopreneurship Study Mission
South Korea
Day 5: Reflections
Day 4: The tour
Alan - ENTER REFLECTION HERE :)
Day 4: The tour
Benjamin - ENTER REFLECTION HERE :)
Day 4: The tour
Gabriel - ENTER REFLECTION HERE :)
Day 4: The tour
Bi fang - ENTER REFLECTION HERE :)
Day 5: Seoul Topis, Auctionary, & Korbit
On the last day of the companies visit, we have a great time meeting with people from Topis, Auctionary, & Korbit. I learn from Seoul Topis that earning the trust from the people is important. Instead of just enforcing the policies, they encourage the people to be more accepting and then implement the policies. For Auctionary, the founder said that in the future, technology will be able to take many roles of people and thus we should start our own business. Also, it is important to start lean and find good partners. Korbit gives very interesting insight about Bitcoin and how they are aiming to grow their users in the future.
The journey in South Korea has been great and enriching. After listening to many people, I realize that it is not easy to start a company. However, I am even more driven right now to start my own company and will continue to refine my own idea. I will take the approach at which I will take a normal office work and prepare for my own company on my free time. This approach will allow me to learn from others and build my idea at the same time.
Day 4: The tour
Jack - ENTER REFLECTION HERE :)
Day 4: The tour
Kenneth - ENTER REFLECTION HERE :)
Day 4: The tour
Leon - ENTER REFLECTION HERE :)
Day 4: The tour
May - ENTER REFLECTION HERE :)
Day 4: The tour
Shao Jun - ENTER REFLECTION HERE :)
Day 5: The tour
Sharon - ENTER REFLECTION HERE :)
Day 5: The tour
Shi Min - ENTER REFLECTION HERE :)
Day 5: The tour
Sithu - ENTER REFLECTION HERE :)
Day 5: The tour
Siying - ENTER REFLECTION HERE :)
Day 5: The tour
Thandar - ENTER REFLECTION HERE :)
Day 5: The tour
Thu Ha - ENTER REFLECTION HERE :)
Day 5: The tour
ENTER REFLECTION HERE :)
Day 5: Seoul TOPIS, Auctionary, Korbit
The technology in Korea is so advanced. I was amazed at how Seoul TOPIS had such advanced technology that allows for Big Data Analytics. Just imagining the amount of data input to plot the map of traffic flow was mind-blowing. The system even allowed for predictive analysis to analyse the congestion levels when a particular road is blocked. In Singapore, even the prediction systems available for bus timings aren’t accurate at all.
The founder of Auctionary shared with us his failures and success stories. What I made out of it is the fact that a business idea needs to be thought out well. Market research is the most basic step that must be done thoroughly.
The inspiration I got from Korbit was the fact that the founder took 20 days to code from scratch and launched Korbit itself. Although he failed his first few startups, we can learn from the spirit of entrepreneurship and to pick ourselves up after failing.
Day 5: The tour
Zi-hua - ENTER REFLECTION HERE :)
Day 5: The tour
Zu Cheng - ENTER REFLECTION HERE :)