Startups are fueled by dreams. And those dreams are fueled by stories. One such popular story is about the 'visionary' startup founder. We all know the legends about Apple, google, Microsoft and Amazon and their visionary leaders. We often hear that these companies were successful because their founders wanted to do good, or to develop great products, or to help society.
Arnold Schwarzenegger recently said that the best decision of his life, was to move to the USA when he was at the beginning of his body building career. The former Mr. Universe (and governor of California!) could have stayed in Austria a bit longer; maybe become a local success, and get some money and experience to move to Hollywood and make it big.
All startups have one thing in common: they all need users. It doesn't matter what your business model is, or where you intend to get your funding. In fact, angels, VCs and other investors of all types, are all impressed by one number: users.
This is a time of tragedy and hurt, and so I will slightly change the theme a bit. Let us try to be positive and see the bright side of this wonderful country. I'll do this today by writing a bit on the positive sides of Korean entrepreneurs. Most of these are the reasons why I decided to invest in and support Korean startups, and why I truly believe in the "Creative Economy" vision.
Last week I mentioned a few of the secrets that make Israeli startups successful, based on a talk I gave at Born2Global. Here is the rest of the list.
This week I was invited by "Born2Global" to speak about the secret for success of the Israeli startups. Of course, there have been many books written on the topic, and countless of research. But here I will try to summarize my talk in a few bullet points. I focused on the differences between Israeli and Korean startups ? in other words, what is it that Israeli starts do and Korean startups do not (but should!).