Author: William Choi

William B. Choi is a seasoned entrepreneur, investor, advisor, and speaker with over 20 years of experience in the venture ecosystem and is based in Seoul, South Korea. Passionate about innovation and problem-solving, he has successfully scaled businesses to multimillion-dollar sales and pioneered sustainability initiatives. As founder of BackJoy Korea and early investor in BackJoy Orthotics, William led the company's expansion into Asia, achieving top sales in the region. Committed to nurturing future leaders, he serves as a founding faculty member at The Norwich Medical School and an Executive Partner at Startup Seoul. William lectures as a guest speaker around the country on "Doing Business in Korea" and is currently co-authoring a book for student entrepreneurs.
Person with wearable health tech watch combined with their phone monitoring their health.

Health Tech Wearables: The Role of Wearable Devices in Personalized Healthcare

Did you know that the global market for smart wearable health devices is expected to reach a staggering $37.4 billion by 2028? As technology advances, so does our ability to monitor and manage our health. Today we will dive into the fascinating world of health tech wearables and discover how they’re revolutionizing the way we…

Image showing an Apple Watch and another wearable health tech device showing health tech trends.

Health Tech Trends: The Evolving Use Of Technology In Healthcare

Health tech trends keep transforming healthcare worldwide, and we love it! In fact, we love it so much that we dedicated this article to exploring new technologies and their influence on the healthcare system and us, the people. Statistics suggest that the global market for healthcare information systems will likely reach around $600 billion by…

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Health Tech Startups Korea: The Current State Of Health Tech

The fast evolution of health technology in South Korea is truly impressive. There’s no denying that South Korea has become a key player in global health tech, all thanks to the country’s advanced tech infrastructure and strong government support. Additionally, the integration of AI, big data, and robotics into healthcare took medical services and patient…

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Korea Unicorn Startups: South Korean Companies Every Investor Should Know About

South Korea is becoming a leader in the global tech and startup world. Privately owned companies valued at over $1 billion, also known as unicorn startups, show how much innovation and economic growth is happening. In this article, we’ll look at some of the most notable Korea unicorn startups and how they’re changing different industries….

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Blockchain Technology In Healthcare: Trends, Applications, and What You Should Know

Blockchain technology is now playing a key role in healthcare, keeping patient data safe and tracking medicine supply chains. With healthcare costs soaring and data breaches becoming all too common in the US, there’s a strong push for more efficiency and innovation in the industry. That’s where blockchain can step in and reduce costs, improve…

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Why Do Businesses Fail In South Korea: Major Pitfalls For Your Company To Avoid

In this article, we’ll discuss why businesses fail in South Korea. We’ll dive deep into the challenges of starting a business in South Korea despite being a thriving economy. South Korea also has a supportive government, but the survival rate of new businesses could be higher. In 2019, only 29% of new businesses survived after five…

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South Korea Business Statistics: Behind The Numbers On The Economic Powerhouse

In this article, we delve into the dynamic world of South Korea’s business statistics, offering a panoramic view of the landscape where tech startups and SMEs flourish.  We will also explore the key trends in this vibrant market and unveil the critical role mentorship plays in navigating its complexities. Our analysis draws upon the latest…

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Understanding Corporate and Business Taxes in South Korea

In this article, we delve into the intricate world of corporate and business taxes in South Korea, a crucial topic for tech startups and SMEs poised to make their mark in this vibrant market. We will also unravel the intricacies of tax compliance and the benefits of strategic tax planning, ensuring that your entrepreneurial journey…

Picture of a green typewriter with the words funding round on the paper talking about business funding in South Korea.

Securing Business Funding in South Korea: Every Option Available To Entrepreneurs

In the rapidly growing global market and the booming tech industry, South Korea has positioned itself as a pivotal player, with abundant opportunities for startups and small to medium-sized enterprises (SMEs). The nation’s unique market dynamics and innovative ecosystem make it an appealing destination for business investment and expansion. This article provides all the crucial…

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