As some of you guys may know, I have a very entrepreneurial mind. My mind is always cranking away at business ideas and they either get developed or go into my black book of ideas (of which 1 of the 3 books have been stolen). In the past, I’ve ventured into a lot of businesses, some that succeeded and others that eventually died… Press MORE to learn more and of my future plans.

Let’s see… To date these are the companies and partnerships that I’ve started and/or ventured into:
- Kblvd.com : a Korean-American eMagazine that became the #3 most popular website for Korean-American culture. Later let it die as KConcepts was more profitable.
- KConcepts : a consulting company spinoff from the partnership that was founded from Kblvd.com. This company is still going on strong, but I left for other ventures.
- Cantor Stern Equity Research : This company was started from the original 12 members of the Investment Analysis Group (IAG) at Stern School of Business at NYU which also I am a founding member of. This company was started right at the start of the dot com boom and its goal was to sell high quality non-biased stock research. Although it was an extremely good idea, the idea was too late for its time of the “free research” available on the internet. Funny thing is, we always knew what companies were going down because they were too high in debt. We profitted from shorting the stocks later…
- Market Punchers : this was a site I created back during the dot com era in hopes of cashing it in bigtime. It was essentially a low cost emulation of daytraders.com, a realtime online community for daytraders. They were charging $75 a month. I figured I could do it for $24.99 a month. While we did have subscribers, there were no offers to buy it out and thus I liquidated the company to break-even. The real goal was to attempt to get bought out, but I guess I set the price tag to high. Pretty funny as I did this when I was just 19.
- SDR Fund Management : This is my friend and old boss Simon D. Roffe’s company. He too was a member of IAG. He started a hedge fund company and later asked me to join when he heard about my skills. I took his fund for a skyrocketing run of a 180% gain in one year. I made the prediction in Oct. 1999 that the stock market would begin a huge decline starting Jan 21st, 2000 after analyzing the facts. I decided to leave then to go back into the IT world. Low and behold on Jan 21st, Greenspan raises interest rates by a whole 1% and sends the market in panic. Stock market crashes, then begins a steady decline over the next 2 years. My only regret was not banking against the market (although doing so was against our company charter that we signed investors to). I’d literally would’ve have made over a billion in commissions in profit, and over 33 billion for the hedge fund in long shot cheap put options. Oh well. It was around the end of 2000 when I decided I wanted to go back into my true passion, Information Technology.
- Max Happy Hours : Party promoting and event coverage for Asian parties in NYC. Nuff said… Very profitable.

I had a talk with my old boss, Simon, and he told me about a venture he went into in buying a building in Maryland near one of the Universities there. He bought a 2 floor building with a 3 bedroom apt upstairs and a 2 bedroom apt downstairs. After the mortgage payments and the cost of converting it into a 5 apartment unit building, he collects rent that NET gains him over $3,000 a month in pure profit. DAMN! Kinda sux that he didn’t call me to partner in that venture. He’s planning to do another one this summer which I might join.

That whole conversation lit the fame again for my entrepreneurial spirit. I thought about my future and that if I’m going to be able to provide a very comfortable life for myself, Caroline, my future family, and my parents, that I have to figure a way to generate incoming cash flows that require no daily input on my part. This is why some of the most wealthiest people in America did it in real estate.

There’s a few ideas in incubation, but I have to be careful as I still work for a large enterprise so it’s walking a fine line.

There’s probably some other things I could do on the side, but will have to think about it more… I also wouldn’t mind helping out a startup.