Martial Arts World News Magazine - Volume 22 | Special Edition
The #1 Business Resource for the Martial Arts Industry
The #1 Business Resource for the Martial Arts Industry
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COVER STORY<br />
I knew that if I gave up, I would face a<br />
huge financial burden, and all our employees<br />
would have to suffer the pain of<br />
unemployment. The goals and dreams that<br />
I wanted to achieve through the business<br />
would die.<br />
I decided to take massive action<br />
instead. My desperate but effective efforts<br />
began to overcome these terrible<br />
conditions.<br />
As the ‘crunch’ came, other team members<br />
gave up on the business, but I was so<br />
determined to make this business work,<br />
that I did every job you can imagine, including<br />
helping to run the factory.<br />
We were able to convince a key<br />
wholesaler to do business with us because<br />
we promised them there would<br />
be no supply disruption, and that I and<br />
my team would do whatever was necessary<br />
to make sure they had the supply<br />
they needed!<br />
At that time, the government was expanding<br />
it’s procurement systems, and we<br />
had acquired a special certification to be<br />
able to fulfill their needs. We put ourselves<br />
in the position to supply the highly customized<br />
equipment they needed, and were<br />
able to leverage the contract as collateral<br />
to fund our recovery.<br />
We focused intently on quality control<br />
(Q/C) to prevent returns when the products<br />
were delivered, and also introduced a job<br />
sharing system through employee communication<br />
and encouragement.<br />
Because we refused to quit, and<br />
focused on finding solutions to this crisis,<br />
I was able to overcome the long Lehman<br />
Brothers crisis.<br />
MAW<strong>News</strong>: You say<br />
you have a different<br />
perspective on<br />
Taekwondo,<br />
what is the difference?<br />
SMK: It is currently estimated that 150<br />
to 200 million people are sweating in Taekwondo<br />
classes all over the world and are<br />
passionate about Taekwondo training.<br />
I have thought deeply about why, and I<br />
have come to the conclusion that there are<br />
three powers to change the world.<br />
First, when people’s thinking<br />
continued on page 42<br />
MARTIAL ARTS WORLD NEWS VOLUME <strong>22</strong> | SPECIAL EDITION 39