Business

Daniel Shin on Maintaining Productivity While Taking Risks as an Entrepreneur

Successful entrepreneurs are built and defined by what they succeed at as much as what they fail with. Daniel Shin is an experienced investor and entrepreneur with his hands all over the e-commerce industry of Korea. The co-CEO and founder of PortOne Global as well as Korea’s e-commerce giant TicketMonster, Shin has enjoyed a prolific run to the top of his industry, but only one with missteps.

Speaking from the heart and sharing concepts that have worked with him while delving into what hasn’t, Shin met with the team at IdeaMensch to offer to inspire others.

How an Entrepreneur Prepares

Finding success in the entrepreneurial world is all about preparation because preparation helps to cut off potential avenues toward failure. Shin likes to start all of his mornings by taking stock of his priorities for the day. Where once he may have tackled as many projects as possible, he now picks and chooses to maximize quality throughout the experience.

When he is done working through his priorities, Daniel likes to reset the mood for his day by taking a walk or a bath. Doing so allows him to destress and melt away concepts that might feel toxic, focusing instead on the positivity inside of him.

Additionally, Shin likes to take his time away from the office by diving into a good book on motivational leaders or other sources of inspiration. Most recently, Daniel Shin consumed Ride of a Lifetime by Bob Biger.

Finding Success in the Workplace

As an entrepreneur who has fielded numerous positions at significant organizations in Korea and abroad, Shin knows that you have to be ready and willing to adapt on the go. One of the best ways to make sure you are an adaptable entrepreneur is by surrounding yourself with the right people.

Shin says of building the right team, “You are only as successful as the people you work with. You are only as happy as the people you surround yourself with.”

With all of that being said, Shin understands that the right team can only do so much before you have to tackle obstacles for yourself. Shin says that sometimes he will leave his office to work in a new space to get away from everything. Shin says, “When I go back to the office and meet people, I can debate with higher conviction and give energy to colleagues when necessary.”

Ultimately, Shin suggests that the destination is as important as the journey. Finding time to slow down and appreciate the good things in life should always become a priority, especially when things get tough. Shin says, “Take the time to have lots of fun along the way!