Business#8 Are the Print Shops in Chungmuro Making Money?
I wanted to understand why Chungmuro has so many print shops.
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A record of the process of developing the ability to think independently and analyze how to generate sustainable revenue.
BusinessI wanted to understand why Chungmuro has so many print shops.
BusinessDisclaimer: Based on a presentation delivered at the Seoul National University blockchain club Decipher's Weekly Session on the topic 'The Future of Banking.' This article explores the new forms of banking that can emerge when 'banking as a business model' meets 'blockchain as a new technology,' and examines the changes underway. Nothing in this report constitutes investment advice.
September turned out to be even more of a whirlwind than I expected, but as it drew to a close I sat back down to write. I knew if I let the month end without posting at least one Money Machine piece, I'd regret it when I looked back at my monthly post counts later.
BusinessMy company office is located right next to Seongsu Station, so I've been watching Seongsu's transformation every day for about two years. One of the things that makes this dynamic neighborhood special is how many pop-up stores it has — new ones appear and disappear every single day. Seeing a lot of pop-up store rental listings in real estate windows lately made me curious about their profitability, so I took a closer look at Scène, the pop-up space closest to me.
BusinessIt took me more than two weeks to post this fourth Money Machine piece — the classical concert one must have taken a lot out of me. I had made a personal rule of writing at least one post every two weeks, so having fallen behind left me with a nagging guilt, like a summer diary left untouched until the last day of vacation.
BusinessBy chance, I recently attended a production of the musical Chicago, the play Delivery, and the concert Suzume's Locking Up & Your Name & Weathering With You Film Music Concert. The classical concert in particular was organized by a production company called "Ttomo," which arranged Makoto Shinkai's film OSTs as orchestral pieces.
BusinessJust as Warren Buffett is known for favoring 'tollgate' businesses — those you must pay to pass through — whenever a new industry is growing enormously, I find myself wondering what that industry's tollgate business might be. For a long time, when thinking about what business could be done in the AI industry, I thought that securing AI training data would fit Buffett's concept of a 'tollgate business.'
BusinessSince I was young, I've had a desire to become someone who can see the "money-making structure" of things — and even better, someone who can build one. After years of just talking about it, I decided to assign myself homework: to take products I encounter as a user, companies I examine for work or interest, and services that are trending, and write down my thinking focused on "how do they make money?" The first Money Machine to examine is Sports Monster.