As the mind behind the fast-growing PortOne Global and the innovator behind the angel investing firm Fast Track Asian, Daniel Shin has made something of a splash in the e-commerce sphere. A true industry juggernaut, Daniel Shin has embraced his ability to develop teams and outwork his competition by continually emphasizing the importance of pushing boundaries and taking risks.
An accomplished entrepreneur and angel investor, Shin took the time to outline a few of the key traits and techniques that have allowed him to build a better business over the course of his career.
Equipped with these techniques, Shin’s work as a business developer should give keen insight into how to follow in his footsteps.
Begin With an Idea and Build
Daniel Shin has long understood the importance of disruption within the market, pointing to his work in the e-commerce space with PortOne Global and Ticket Monster. Understanding that there was an opportunity for him to invest in, Shin was able to pick an area he wanted to target before building upon it.
When equipped with the right team, even the largest challenges can suddenly look surmountable. Shin advocates getting the right people on your team by focusing on how well they fit your mission statement.
Shin says that he remains laser-focused when it comes time to bring on new talent to his team, making a point to prioritize individuals who are as excited and passionate about the work as he is.
Thriving With New Concepts
Shin knows that entrepreneurs thrive when they are working to differentiate themselves from their competitors, so it is always advisable to look for new concepts to embrace. Shin points to TMON, where he expanded the company from a roster of just 5 workers to a team that featured more than 1,300 people. Shin continued to update what the company offered while building the business, expanding into unique angles that made them both different and sustainable.
Understanding that all of his work hasn’t been perfect, Shin says, “If I could go back, I would choose where to fight and where to retreat and strategically pick my battles with the long term in mind.”
About Daniel Shin
Daniel Shin has been thriving in the public spotlight since founding PortOne Global in 2018. Developed in Singapore, PortOne Global works as a fully managed payment service system for online merchants, embracing end-to-end payment infrastructure while benefiting the industry at large.
PortOne Global supports merchants from every aspect of the process, including integration and billing, all into a single API, providing e-commerce partners with access to over 100 payment methods throughout Asia.
