Lee Soo Man outlines SM Entertainment’s three stages of globalization

He explained, “CT is the driving force behind the development of SM’s pop culture into global Hallyu. One of the elements of CT is our training system. Through auditions, we discover hidden talent and put them through three to seven years of music, dance, and acting training in order to create a star that’s close to perfection. It’s through this unique system that the Hallyu wave was created.”

3-7 years of training! WOW 10k hours!

Capitalism is a process of creative destruction.

CAPITALISM is a process of creative destruction. The new destroys the old. Both the creation and the destruction are essential to driving the economy forward. Entrepreneurs are central to the process of creative destruction; they bring the new technologies and the new concepts into active commercial use. They are the change agents of capitalism.

The old patterns of powerful vested interests must be broken if the new is to exist, but those vested interests fight back. They are not willing to fade quietly into the pages of history. Entrepreneurs built the national companies that destroyed local companies at the end of the nineteenth century, and they are building the global companies that are destroying national companies at the end of the twentieth century.

History teaches us that it is only too easy to stamp out entrepreneurship. It is a fundamental human characteristic but, despite its creative and destructive powers, an extremely fragile one. Among most peoples in most times and most places entrepreneurs do not exist. The economic possibilities exist, but they are not seen, the energy to realize them is lacking, or the risks they involve seem too great.

When societies aren't organized so that the old vested interests can be brushed aside, entrepreneurs cannot emerge. Social systems have to be built in which entrepreneurs have the freedom to destroy the old. Yet destroying the old can too easily be seen as a step into chaos. Societies that aren't ready to break with the past aren't willing to let entrepreneurs come into existence.

Who to attract? Investors or customers?

Being 'involved' in the 'tech startup' (quote and quote on tech startup because i know a lot will argue that there's no such thing as that in here), it lets me meet different kind of entrepreneurs in all kind of forms.

There are those who build product / service to attract investors.

While, there are also those people who build product not really keen of attracting investors.

So which is better?

You build to attract investors and the customers later?

Or, you build to attract customers and attract investors later?

but please leave yo momma over on Facebook, OK?

See, if you put the average Silicon Valley geek in front of a TV and tell him to sit on the couch and watch TV for four hours they won’t know what to do. They will start building databases of their favorite shows, start figuring out how to optimize their DVRs so they can fast-forward through commercials faster, and stuff like that.

Normal/average users? They just want to watch TV and drink beer.

So, you getting where I’m going with this? Google+ is for the passionate users of tech. If you just want to sit back and have the system do all the work (which means it’s not perfect, but it’s good enough for most people) then Facebook is gonna be where you stay, especially since your friends are gonna lock you in for quite some time. But if you want to really be able to choose who you listen to, then Google+ is much better.

lollers.