1 hr 12 min
#21: Ultimate Guide to Surviving the South Korean Startup Ecosystem - Albert Shafiev, General Manager at Lmeca Korea Startup Podcast
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- Entrepreneurship
Albert is one one the most experienced foreigners involved in the South Korean startup scene. His extensive career gives him a full perspective of all the different aspects of this ecosystem.
Today, we are lucky to discuss with him all the relevant matters that a foreign entrepreneur must know if planning to do business in such a unique country.
1. Comparative Ecosystem Analysis and Dispelling Misconceptions:
- Explore key differences between the startup ecosystem in South Korea and in other countries and their impact on success.
- Be aware of the common misconceptions foreign entrepreneurs have about South Korea, and how to avoid them.
2. Financial Support: Fundraising and Government Initiatives:
- Understand how fundraising and financial activities work for startups in South Korea.
- Identify common sources of funding, prominent startup accelerators, and incubators available for foreign entrepreneurs.
- Explore government startup initiatives, tax incentives, grants, and practical advice for successful application.
3. Networking, Collaboration, and Recruitment:
- Discover strategies for building strong relationships, available resources, recommended events, and organizations.
- Uncover the role of the foreign startup community in South Korea, including the benefits and challenges of collaborating with other foreign startups.
- Address recruitment challenges faced by foreign startups and provide insights on navigating the recruitment process, including cultural and linguistic barriers.
Albert is one one the most experienced foreigners involved in the South Korean startup scene. His extensive career gives him a full perspective of all the different aspects of this ecosystem.
Today, we are lucky to discuss with him all the relevant matters that a foreign entrepreneur must know if planning to do business in such a unique country.
1. Comparative Ecosystem Analysis and Dispelling Misconceptions:
- Explore key differences between the startup ecosystem in South Korea and in other countries and their impact on success.
- Be aware of the common misconceptions foreign entrepreneurs have about South Korea, and how to avoid them.
2. Financial Support: Fundraising and Government Initiatives:
- Understand how fundraising and financial activities work for startups in South Korea.
- Identify common sources of funding, prominent startup accelerators, and incubators available for foreign entrepreneurs.
- Explore government startup initiatives, tax incentives, grants, and practical advice for successful application.
3. Networking, Collaboration, and Recruitment:
- Discover strategies for building strong relationships, available resources, recommended events, and organizations.
- Uncover the role of the foreign startup community in South Korea, including the benefits and challenges of collaborating with other foreign startups.
- Address recruitment challenges faced by foreign startups and provide insights on navigating the recruitment process, including cultural and linguistic barriers.
1 hr 12 min