Starting a Food Reduction Startup (DamoGO) in Asia with Lin Hwang - 010
Update: 2019-08-28
Description
Learn how Lin Hwang brought the famous American Halal chain, The Halal Guys, to Korea and started a food reduction tech startup (DamoGO) in Asia.
Lin manages his business in Korea with plans to expand to Indonesia, Philippines, and Thailand.
In this episode, we discuss the following:
- Starting The Halal Guys Franchise in Korea
- How the food reduction idea originated
- Finding cofounders and building a team
- Building and funding for a mobile app
- Finding and working with local restaurant partners
- Offering discounted ($2-6:un-touched & fresh) leftover meals from restaurant partners
- Scaling business and strategic outlook with advisors
- Fundraising plans (seed round)
- Staying motivated while bootstrapping business
- Charity work and building community of volunteers
- 1/3 of all food in the world goes to waste
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