John Park, Managing Director of Sparklabs Korea speaks with Alex Jensen from KBLA about Korea’s growing startup scene and in particular what differentiates those teams that really kick on from those that don’t.
John describes the intense nature of the Sparklabs accelerator experience. The three-month program bootstraps a company’s growth and provides mentoring, support and skill development. For many startup founders running an office efficiently, paying people and handling government certification and regulation are skills they never thought they would need. Sparklabs helps them develop those skills.
However, the core focus is setting demanding weekly KPIs and working hand-in-hand with the teams. As John says, “Working with a startup team is both a science and an art. We deep dive into their data at a granular level and keep them on track with weekly KPIs. But we also look at the team chemistry. Are they resilient and hungry enough to push beyond what’ they did yesterday? You need a team that will push past the hurdles, the challenges and deliver for you consistently.”
With an increasingly large section of Korea’s young talent seriously considering the startup scene as a career alternative, Sparklabs provides the structured opportunity to test themselves and find out what they are really capable of.
Today’s episode is sponsored by Innovation Center Denmark. Creating innovation and business opportunities by building relationships between Korean and Danish R&D intensive companies, research institutes and universities