Imagine bringing an arch rival's mega food empire to its knees through a series of good management strategies that began with the opening of a restaurant in a tourist hot spot.
If this sounds too good to be true, you are right: It's essentially the plot of one of South Korea's best TV dramas, Itaewon Class, which is available on Netflix.
More than just a crowd pleaser, Itaewon Class the title refers to the name of the business set up in a David v Goliath battle for dominance in South Korea's food industry is a hugely popular series because it features many inspiring and creative business moves that savvy entrepreneurs can copy and adapt to give their businesses a boost.
After all, when the chips are down and the odds are stacked against you, different strategies will be needed - it's not about trying different things but doing the same things differently to attract customers.
Without disclosing too many details that would spoil the fun for those who have yet to watch this gritty series, here are five strategies to bring some shine to your business if you have the courage to do better than even your strongest competitors.
1 IDENTIFY TALENTED PEOPLE AND TREASURING THEM
No matter how great or capable you are, you can never run a successful business by yourself. You need good generals to fight with you, especially capable ones who will watch your flanks and preferably have different skills that complement yours.
Motivated by a blood feud, the series' hero Park Seroyi vowed to take down the founder of a food empire who had wronged his family, and he did so in style with his gang of merry men and women.
Diese Geschichte stammt aus der November 10, 2024-Ausgabe von The Straits Times.
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Diese Geschichte stammt aus der November 10, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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