As the co-CEO and founder of PortOne Global, entrepreneur Daniel Shin oversees the integration of billing for merchants into a single API. The company was able to bring real solutions to a market that was in desperate need of them, giving Shin a chance to innovate while expanding within a growing market.
A massive figure in the e-commerce space, Daniel Shin has become acclaimed for his work building teams and navigating complicated concepts. With high-profile successes under his belt, including TicketMonster and PortOne Global, Shin felt inclined to share some of the concepts that have led him to where he is today.
Looking Before You Leap
In the entrepreneurial space, there are few instances where you aren’t going to be taking magnificent risks. Shin suggests that research and preparation are integral when it comes time to plan for the future. With that being said, he also suggests making a move rather than waiting forever for the perfect opportunity.
Daniel Shin says that immediate action and testing concepts can lead to positive results. Even with failures, Shin suggests that there will always be something to learn and a lesson to take home to look over. Taking risks with TicketMonster and his angel investing firm at Fast Track Asia are two particular points of emphasis for Shin.
Prepare With Professionals
Daniel Shin knows that he can’t do everything on his own, and that is why he made a point to develop team-building skills that could empower him in the entrepreneurial sphere. Shin says, “When the right people are in the room with you, ideas naturally come to life without too much friction.”
In order to find the right members for his team, Shin focuses on reaching out to colleagues who are ready to work in a collaborative and constructive environment. With the ability to say ‘no’ and offer up better options, Shin knows that his team can find ways to succeed even when hurdles are bare before them.
Find Your Priorities
Finally, Daniel Shin suggests that it is important to find ways to prioritize the tasks that you have to do during the day. Before he took time to delegate and prioritize, Shin would find himself overwhelmed and bogged down by simple meetings and wasteful calls. Now, Shin makes a list of concepts that he has to tackle before he even goes to bed for the night.
In addition to prioritizing his tasks and delegating the less important ones to his team, Shin focuses on using software to enhance his overall effectiveness and productivity. Shin utilizes tools like ChatGPT to get quick answers to questions that come to mind.
