Sramana Mitra: How many consumers do you have currently?
KunHee Park: Five million. If I counted paid subscription, we have over one million.
Sramana Mitra: What’s the monthly subscription fee?
KunHee Park: $6.99.
Sramana Mitra: Do you have a sense of who is paying to subscribe to this? Is it mostly Korean speaking people?
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Today’s 603rd FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, March 30, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE join. PASSWORD: startup All are welcome!
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Co-founders Mary Oemig and her husband, Eric, have been scrappy bootstrappers through a decade-long journey building Boom Cards and Boom Learning. Awesome story!
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Mary Oemig: I am the child of a blue-collar carpenter and a public school teacher who did, primarily, substituting. But my parents come from a long line of entrepreneurs. My grandfather on both sides of the family-owned their own businesses. My mom now runs the bar that she inherited on her side of the family. My dad founded his own construction company when I was young. I grew up in a world where entrepreneurship was normal even though it was in a small community in Idaho.
Sramana Mitra: You became the CEO of Kocowa?
KunHee Park: No, CTO in the beginning. My original plan was to stay in the States for a year. After one year, they asked me to be the CEO. That was in 2018. Our seed money was very tiny. Seed money was just $15 million.
Sramana Mitra: That’s not tiny.
>>>Entrepreneurs are invited to the 603rd FREE online 1Mby1M Mentoring Roundtable on Thursday, March 30, 2023, at 8 a.m. PDT/11 a.m. EDT/5 p.m. CEST/8:30 p.m. India IST.
If you are a serious entrepreneur, register to “pitch” and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to “attend” to watch, learn, and interact through the online chat.
You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be interested. All are welcome!