Success Starts at the End of Your Comfort ZoneㅣChartmetric, Sung M. Cho

2024 ж. 15 Мам.
62 076 Рет қаралды

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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  • 🚀Access EO’s premium & unreleased content in EO Builders, a community of thriving founders & future builders worldwide builders-club.webflow.io/ - Meet the founders featured on EO through Builders Webinars - Join Cohort-based learning programs from top-tier VCs and thoght leaders - Be a part of the global network of driven entrepreneurs

    @entreprenuership_opportunities@entreprenuership_opportunities3 ай бұрын
    • 😊😊😊😊😊😊😊😊😊😊😊😊😊😊😊

      @Winterwood44@Winterwood44Ай бұрын
  • 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.

    @sungmoon@sungmoon4 ай бұрын
    • It was a great video thanks for this!

      @mikkey246@mikkey2463 ай бұрын
    • Thanks for sharing. I loved your story and the insights. Very relevant to our B2B business 4 years in and just getting proper traction.

      @jamestownsend8002@jamestownsend80023 ай бұрын
    • A very honest and sincere person like him is refreshing to see!

      @drzavahercegbosnaponosna5974@drzavahercegbosnaponosna59743 ай бұрын
    • Thanks for sharing !

      @TheJoeToh@TheJoeToh3 ай бұрын
    • thank you for sharing. very inspiring!

      @taesunyoo4637@taesunyoo46373 ай бұрын
  • just realized he's my neighbor. such a humble and talented guy!

    @victorvictor9191@victorvictor9191Ай бұрын
  • This guy has such great vibes. The joy he has in sharing his story is infectious

    @DavidRamosAuthor@DavidRamosAuthor4 ай бұрын
    • 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 :)

      @Weed@Weed4 ай бұрын
  • He speaks almost like a Yoda of the entrepreneur community. Thanks for sharing these gems..

    @captainjackrana@captainjackrana3 ай бұрын
  • 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.

    @vivianhong612@vivianhong6123 ай бұрын
  • Super inspiring story. Thanks EO team for bringing all the stories.

    @nareshmeetei@nareshmeetei3 ай бұрын
  • This is very motivating for founders including myself thanks for sharing your experience.

    @junrepasa@junrepasa4 ай бұрын
  • 🎉 well done sir and nice infomation 😊

    @MARKOTHEDEV@MARKOTHEDEV4 ай бұрын
  • literally great interview , this guy get's entrepreneurship and explained it well

    @colincass7578@colincass7578Ай бұрын
  • LOVE IT!

    @xpantia@xpantia4 ай бұрын
  • Great advice!

    @JoonBeh@JoonBeh4 ай бұрын
  • Such interesting takes! Especially the 10% rule. Thank‘s for sharing! 😁

    @MrGangstadelux@MrGangstadelux3 ай бұрын
  • 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.

    @jackyhor3734@jackyhor37344 ай бұрын
  • What an amazing share! thanks EO- What an gem of a person, such a genuine individual!

    @vikram.SumerSingh@vikram.SumerSingh2 ай бұрын
  • Amazing story embodies the founder

    @mikkeljensen1603@mikkeljensen1603Ай бұрын
  • thank you so much for sharing

    @lemonyth@lemonyth2 ай бұрын
  • - 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

    @ReflectionOcean@ReflectionOcean4 ай бұрын
    • Thank you for this

      @mikkey246@mikkey2463 ай бұрын
  • Thumbs up for EO for covering different kinds of startups, not only the billions.

    @StompinJago@StompinJagoАй бұрын
  • 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 ❤❤

    @kazimali3590@kazimali35902 ай бұрын
  • 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!

    @astronomicatx@astronomicatx3 ай бұрын
  • Seems like a good person and inspiring to listen to

    @kcm624@kcm624Ай бұрын
  • This guy is cool. Enjoyed watching.

    @tammiesspark@tammiesspark3 ай бұрын
  • superb insights and advice, this guy gets it.

    @justjustgord@justjustgord3 ай бұрын
  • good guy who are tired of corporate sh*t and built an amazing product.

    @d34dsouI@d34dsouI3 ай бұрын
  • Legend

    @brianbyun2161@brianbyun21612 ай бұрын
  • A lot of wisdom! Prosody needs improvement, especially on thought grouping and connected speech.

    @NanheeByrnesPhD@NanheeByrnesPhD4 ай бұрын
  • This is good🎉

    @llvkv@llvkv3 ай бұрын
  • Vibe check: ✅

    @ozzyfromspace@ozzyfromspace11 күн бұрын
  • 👍👏

    @julesnyc@julesnyc3 ай бұрын
  • All these podcasters skip the most important question: HOW DID YOU GET THE FIRST CUSTOMER? EXACT STEP BY STEP PROCESS.

    @nonefvnfvnjnjnjevjenjvonej3384@nonefvnfvnjnjnjevjenjvonej33843 ай бұрын
    • Whatever you’re selling, stop looking for permission to sell on KZhead. 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 KZhead videos until you’ve done this. Enjoy :)

      @coachsayf@coachsayf3 ай бұрын
  • 👍

    @universal1772@universal17723 ай бұрын
  • broooooooooooooooooo I used to play Zenonia when I was like 11 LMFAOOOOOOOOOOOOOOOOOO

    @Weed@Weed4 ай бұрын
    • 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..............................

      @Weed@Weed4 ай бұрын
    • Goated game fr

      @watcher1109@watcher11094 ай бұрын
  • Just a thought.. How about making your customers shareholders depending on how much they spend ?

    @chan90s@chan90s4 ай бұрын
    • If they need an incentive like that to buy your product, then you don't have a product.

      @reprovedcandy@reprovedcandy4 ай бұрын
    • @@reprovedcandy Better words could not have been said

      @Weed@Weed4 ай бұрын
  • LEAST COMMON DENOMINATOR

    @Weed@Weed4 ай бұрын
  • So he basically copied his competitors and just undercut them? From 14:00 onwards

    @method341@method3413 ай бұрын
    • I mean do you ever ENTER a space late and charge the same price as a small dog?

      @ss-to7ii@ss-to7ii3 ай бұрын
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