Success Starts at the End of Your Comfort ZoneㅣChartmetric, Sung M. Cho
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- Опубликовано: 16 июн 2024
- Sung Cho is the CEO of Chartmetric, a remarkable B2B SaaS company that collects and analyzes music data from streaming platforms and social media to predict the future of the music industry. Through its services, Chartmetric contributes to the growth of the music industry and has achieved an impressive annual subscription revenue of $8.5MM.
Before founding Chartmetric, Sung was a founding member of Gamevil, one of South Korea's leading game companies. He jumped into the Korean game industry before it was fully established and led the company's growth alongside the industry's development. However, not content with just the company's success, Sung aimed to fulfill his dream of building a career and starting a business in Silicon Valley. Approaching his 30s, he left Gamevil and started anew as an intern at Sun Microsystems in Silicon Valley. While working at Sun Microsystems, the company was acquired by Oracle, naturally transitioning his career to Oracle. Yet, he chose to step out of his comfort zone for another challenge.
After leaving Oracle, Sung faced numerous challenges before finally starting Chartmetric in 2015. The company has since been steadily growing, as evidenced by its increasing ARR and other metrics.
In this interview, Sung shares how he acquired his first customer, what is important in a B2B SaaS business, and how to achieve results. We hope this will be highly beneficial to our subscribers.
Thank you.
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Subtitles for this video were created using [XL8.ai](xl8.ai/) machine translation.
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Thanks for watching! Appreciate the EO Studio team for this opportunity to share own my journey. I hope everyone watching this also builds and owns their own story - it's the 'story' that people remember, in the end.
It was a great video thanks for this!
Thanks for sharing. I loved your story and the insights. Very relevant to our B2B business 4 years in and just getting proper traction.
A very honest and sincere person like him is refreshing to see!
Thanks for sharing !
thank you for sharing. very inspiring!
just realized he's my neighbor. such a humble and talented guy!
This guy has such great vibes. The joy he has in sharing his story is infectious
Play the game's he's had a big part in making and you'll see that he's the best type of human that one can possibly be :)
He speaks almost like a Yoda of the entrepreneur community. Thanks for sharing these gems..
- Pursue your entrepreneurial dreams even at the cost of leaving a comfortable job - 0:02
- Recognize the right time to start your own venture based on personal goals - 0:19
- Accept the initial feeling of loss and isolation after leaving a structured job - 0:42
- Engage in startups for a dynamic and risk-taking experience - 2:07
- Overcome post-quit anxiety and depression by progressing one step at a time - 5:46
- Secure initial customers by offering a quality product at a competitive price - 14:10
- Develop a SaaS tool that offers significant cost savings to the customers - 16:03
- Focus on building indispensable tools with a long-term vision - 18:05
- Prepare to invest at least a decade in your business for substantial impact - 19:26
Thank you for this
Really enjoyed listening to his interview! He is such an inspiration. He didn't just share his success stories, but the humble beginnings and challenges.
This is very motivating for founders including myself thanks for sharing your experience.
Super inspiring story. Thanks EO team for bringing all the stories.
LOVE IT!
🎉 well done sir and nice infomation 😊
Great advice!
Thumbs up for EO for covering different kinds of startups, not only the billions.
thank you so much for sharing
Such interesting takes! Especially the 10% rule. Thank‘s for sharing! 😁
What an amazing share! thanks EO- What an gem of a person, such a genuine individual!
Such a motivational video with so much to absorb..your journey is exemplary and gives hope to people like me who are on a journey to start their start up journey ❤❤
That inspiring, I'm always skeptical about build and improving on existing products that suck. I always find a different products, but people want coke.
Sung Cho's journey from the gaming industry to founding Chartmetric is inspiring. His Silicon Valley transition, leaving comfort zones, and the subsequent success of Chartmetric showcases resilience and a commitment to growth!
literally great interview , this guy get's entrepreneurship and explained it well
superb insights and advice, this guy gets it.
Amazing story embodies the founder
This guy is cool. Enjoyed watching.
Seems like a good person and inspiring to listen to
good guy who are tired of corporate sh*t and built an amazing product.
This is good🎉
A lot of wisdom! Prosody needs improvement, especially on thought grouping and connected speech.
Legend
Vibe check: ✅
👍👏
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Just a thought.. How about making your customers shareholders depending on how much they spend ?
If they need an incentive like that to buy your product, then you don't have a product.
@@reprovedcandy Better words could not have been said
All these podcasters skip the most important question: HOW DID YOU GET THE FIRST CUSTOMER? EXACT STEP BY STEP PROCESS.
Whatever you’re selling, stop looking for permission to sell on RUclips. The way to get your first customer is to start pitching. Meet people, email people, call people, ask for recommendations through your network. Offer your service for free as a free trial at first to see if it actually works and get a case study. Make it your mission to get 100 people to reject you. Embrace rejection and seek it out. By doing these you’ll open the door to countless opportunities. Just start being uncomfortable. Make it a rule not to watch any more RUclips videos until you’ve done this. Enjoy :)
broooooooooooooooooo I used to play Zenonia when I was like 11 LMFAOOOOOOOOOOOOOOOOOO
This is what I say when I mean that the legends that used to make games moved onto other things and all of the talent is long gone..............................
Goated game fr
LEAST COMMON DENOMINATOR
So he basically copied his competitors and just undercut them? From 14:00 onwards
I mean do you ever ENTER a space late and charge the same price as a small dog?