3 ms·

So if everybody knew about it, why didn't they do it? If connections in Korea is all that's needed, I'm sure the opportunity was enticing enough that a foreigne

So if everybody knew about it, why didn't they do it? If connections in Korea is all that's needed, I'm sure the opportunity was enticing enough that a foreigner could find that connection. But appreciate your opinion! You're right, I have yet to prove myself

dev_dull 8y ago
People did do it. It just wasn’t yet on enough people’s radars.
- sodafountan 8y ago
  Yeah exactly, many people did it. And the people with family and friends in Korea could have done it much more easily and closed that window out much sooner than someone in America who didn't speak the language and didn't have the connections.
sodafountan 8y ago
Oh idk, the whole Korean language that most people speak in that country may have had something to do with it. It's not hard to look at two different exchanges and see a gap, it was hard to create an account on those exchanges and execute on the opportunity because it required an understanding of the language and the laws as well as a physical presence if I remember correctly. And no you can't just "Find a Connection" lol, you have a lot to learn. I still don't see how any of those skills translate into a viable business, maybe you could explain that?
- leinad520 8y ago
  The ability to identify opportunities, sell people on working with you, risk manage, and pure grunt work (talking with lawyers, etc.), moving fast, are just a few of the skills required in business that were all applicable here. Automating trades with python might be more relatable for you. But the point is, it's not just technical skills like that that "translate to a viable business."
  - sodafountan 8y ago
    Those are fair points but you didn't mention any of that in the article and if you're trying to posit this as a self-help article and not some sort of shameless self-promotion piece then why should I care? Why wasn't this article more about The ability to identify opportunities, sell people on working with you, risk manage, pure grunt work (talking with lawyers, etc.), and moving fast? I didn't get any of that from the article.
    - leinad520 8y ago
      Who said this was a self-help article? The title is what it says. It's an interesting story that people found inspirational / fun to read. And sure, to use your words, it was self-promotion. But why is that bad? Regardless of your opinion of them as people, Steve Jobs did "shameless" promotion of iPhones, and Donald Trump did so with his brand. And if people found the information valuable, that's all that matters! Not sure where your preconception that this must be a self-help article is coming from.

dev_dull 8y ago

People did do it. It just wasn’t yet on enough people’s radars.

sodafountan 8y ago
Yeah exactly, many people did it. And the people with family and friends in Korea could have done it much more easily and closed that window out much sooner than someone in America who didn't speak the language and didn't have the connections.

sodafountan 8y ago

Oh idk, the whole Korean language that most people speak in that country may have had something to do with it. It's not hard to look at two different exchanges and see a gap, it was hard to create an account on those exchanges and execute on the opportunity because it required an understanding of the language and the laws as well as a physical presence if I remember correctly. And no you can't just "Find a Connection" lol, you have a lot to learn. I still don't see how any of those skills translate into a viable business, maybe you could explain that?

leinad520 8y ago
The ability to identify opportunities, sell people on working with you, risk manage, and pure grunt work (talking with lawyers, etc.), moving fast, are just a few of the skills required in business that were all applicable here. Automating trades with python might be more relatable for you. But the point is, it's not just technical skills like that that "translate to a viable business."
- sodafountan 8y ago
  Those are fair points but you didn't mention any of that in the article and if you're trying to posit this as a self-help article and not some sort of shameless self-promotion piece then why should I care? Why wasn't this article more about The ability to identify opportunities, sell people on working with you, risk manage, pure grunt work (talking with lawyers, etc.), and moving fast? I didn't get any of that from the article.
  - leinad520 8y ago
    Who said this was a self-help article? The title is what it says. It's an interesting story that people found inspirational / fun to read. And sure, to use your words, it was self-promotion. But why is that bad? Regardless of your opinion of them as people, Steve Jobs did "shameless" promotion of iPhones, and Donald Trump did so with his brand. And if people found the information valuable, that's all that matters! Not sure where your preconception that this must be a self-help article is coming from.