As the founder and co-CEO at PortOne, Daniel Shin has existed on the frontline of the recent tech boom that has rattled industries around the world. A renowned investor and entrepreneur with a career in e-commerce and deep familiarity with building better business relationships, Daniel Shin recently sat down to discuss the traits, habits, and routines that have helped him continue to ascend the ladder of success.
Let’s leap into the world of Daniel Shin to understand how their mind works.
Finding a Productive Routine
Daniel Shin has been recognized throughout the entrepreneurial world for his ability to take risks while building solid foundations, eventually leading to his appearance in “Wharton Magazine” for its 40 Under 40 column. An active angel investor with aspirations to help build bigger businesses, Shin relies on a rock-solid routine to keep him active, focused, and ready to tackle his day.
For starters, Daniel Shin likes to begin his day with a slow ramp-up that allows him to prepare for more significant projects. Shin says, “Focusing on a few decisions that are key and punting the rest is significantly more effective than doing everything in an average way.”
Ultimately, Shin knows that he needs a solid team around him to find success in the industries that he navigates. For that reason, Shin has always tried to put himself in rooms with team members who are as passionate and excited about the execution of a project as he is.
Shin says, “When the right people are in the room with you, ideas naturally come to life without much friction.”
Looking to the Future
While entrepreneurs have to be immersed in the moment, they must also have their eyes set on the horizon. Daniel Shin is an advocate for looking at concepts that might become important, and right now, his sole focus is on AI. Shin says, “I’m excited about what AI can do for digital businesses once it gets married to real-time payment data.”
While artificial intelligence is rapidly oncoming, Shin prefers to keep his entire weight from any singular concept. As an active entrepreneur, Shin believes in finding the right balance by pacing himself with decisions. Shin says, “Life’s not all about getting to the finish line, but also how you ran the race.”
In any future-facing business, building for something better means focusing on hiring the right people and building the right team. Daniel Shin said in an interview with IdeaMensch, “You are only as successful as the people you work with. You are only as happy as the people you surround yourself with.”
Shin graduated from the Wharton School of the University of Pennsylvania with a B.Sc. in Economics. He is the Co-Founder of Fast Track Asia, PortOne, and the CEO of TicketMonster.