summary- Today's lesson: How to Start a Successful Business

There is a new course about the basic principles of entrepreneurship run by Korean Advanced Institute for Science and Technology (KAIST) and named the High Tech Venture Center. The course teaches students that know how to create a product, but, don’t know how to run a company or turn a profit. Hundreds of salarymen who have lost ‘’jobs-for-life’’ are looking for new business opportunities. The center creates new entrepreneurs and presents some examples. First, be more prepared, when making pitch to potential investor. Second, keep a prefect credit record. Third, emphasize that product is breakthrough technology and has worldwide export potential. Fourth, don’t give up.

Park Soo Wong is the new type of entrepreneur. He resisted to take a job with a large corporation and rejected the security and prestige that comes with such employment. Finally, he entered his business plan in a competition plan and won.

The government is promoting start-ups in hopes of encouraging new jobs. Korea is full of opportunity now. So, young talents have to grab their chance.