This article was originally published here: Raymond Cho – CEO of Globepoint
Raymond Cho started a virtual reality organisation with the aim of improving learning options, a goal made more important by the pandemic.
What’s your story?
Globepoint was founded in 2012 for the purpose of developing special content. We started our business with the goal of developing distinctive types of platforms to enhance the effectiveness of learning. Globe+Point means that the company will become a global export point company thus, Globepoint is the name established.
What excites you most about your industry?
With the recent trend of Metaverse, services related to Virtual Reality are attracting attention. Minecraft, Roblox, and Gepetto games are well received. VR, AR and non-face-to-face meta bus platforms are getting the attraction as new technology infrastructure services even in this. Globepoint is also in preparation of providing a more diverse ed-pandemic-ucation service as well.
What drives you in business to push beyond what other people consider normal?
Globepoint has been creating and using a product brand called VRWARE (Virtual Reality Software) since 2014 and is developing solutions and platforms that help users to easily, quickly, cheaply produce and utilize the content.
What have been the most useful skills you have learnt and applied in your journey?
While in Korea, I was an undergraduate of computer engineering, so I have been familiarized with IT Technology, also I have attained an MBA for the reason that it is required for start-up management. I majored in Technology and Innovation at NTU for global business.
What’s the best piece of advice you ever received?
When I was in NTU my adviser gave me a tour at the research institutes inside the university. While we were walking, he said, “The world is so full of technologies. Think about how to utilize those existing technologies instead of creating new ones”. Since then, I took his advice to heart.
Who inspires you?
NTU Professor Tan Teng-Kee. He gave passion and inspiration to new start-ups. And for that, Globepoint is now working on providing EdTech content.
What have you learnt recently that blew you away?
Lightning never strikes the same place twice. So, we need to capture every opportunity that comes our way or else it will disappear. There are many cases in which the technology and service business is regrettable but long after, it will be recognized in the market. We need to consider more business connectivity in terms of new ideas and cooperation. We need to have a CEO Insight, rather than preparing for the future in present (today forward), prepare for today so you will not regret the future (future back).
If you had your time again, what would you do differently?
In the movies, there are time machines so you can move from the past to the present. If you will go to the past to solve the problems, another bigger problem will appear. I have regrets about when we started the company in terms of manpower, funding, and service development. But I think it is all a process, and I do not want to change my choices. I believe in myself, and I believe in my choices.
How do you unwind?
I enjoy camping. I like being connected to nature and I think it helps me think of new ideas.
What is a major mindset change, belief shift or ‘ah ha’ moment that you’ve experienced in relation to your business?
The centre of business is people and trust. No matter how good the products are made, businesses will not grow without their people. Businesses can never be dome alone. Trust between the employees and companies should be strengthened to reach the goal together. When we do business, if the client company will only sign the contract except for the partner company, you get into conflict. Corporate trust credits are just as important as corporate interest. We have established a reputation that Globepoint is a trustworthy company.
Everyone in business should read this book:
I would like to recommend “The Passion Plan” by Richard Chang, which is the first book I received from NTU, “Principles of Success by Ray Dalio” to help every early entrepreneur with business adventures and finally, “The Tao of Innovation” by NTU Professor, Tan Teng-kee.
Shameless plug for your business:
Minecraft as children’s game, Lego as toys, and VRWARE as Makers Metaverse Education. We aim to apply our curriculum not only in Korea but also in Southeast Asia.
“Creative VR Content Solutions for the Creative Minds”
How can people connect with you?
Social Media Links?
This interview is part of the CallumConnects series.