My name is JINNY and I am a young solo entrepreneur in South Korea.
I started a one-person business in 2021.
The reason I started the business was because of my family’s financial difficulties.
I was attending college with the goal of joining a company and working with a stable salary, but it was difficult to cover my family’s ever-increasing debt with the salary provided by the company.
So, I thought the only way to solve this crisis was to start my own business.
That’s how I started my one-man business.
I started a one-person business and did a lot of things, including online sales, blogging, and a used book business.
While I was running a one-person business, I had no leisure time.
I couldn’t meet friends or date.
I put all my time into work except for sleeping.
However, the results were not proportional to the effort.
As of 2024, it is on the verge of closure.
Even though it was making a steady profit, it was difficult to run a business.
Basically, since there was debt in the family, the money spent to pay off the debt and make a living was more than the money earned.
Moreover, my parents are old and not very healthy, so I have to pay hospital bills regularly.
As a result, in addition to my family’s debt, I also had a lot of personal debt.
So, I am making up for the shortfall through part-time work and selling used goods, but even that has reached its limit.
My body can somehow endure hardships.
In fact, because I was born with a herniated disc in my back, my legs often go numb when I lift heavy things, but I have always endured the pain for the success of my business.
I have Meniere’s disease and often suffer from otolithiasis, which causes frequent dizziness, but I am gritting my teeth and holding on in order to make my business a success and solve problems at home.
However, it seems difficult to endure the ever-increasing debt and difficult financial problems.
Still, I must succeed as a solo entrepreneur.
I must succeed and resolve both my family’s difficulties and my own.
So, we are currently carrying out a business to export products from South Korea to overseas countries.
However, now I have almost no money left, so I am having a hard time moving forward with my business.
Although I personally have over $50,000 in debt, I would like to receive only the minimum amount of support so that I can succeed in my business and pay off my $50,000 debt as well as my family’s debt.
If I save up about $10,000, I think I can properly start my own business.
And, I will try to solve all my debts by making my business successful.
Thank you so much for taking the time to read my story and for all the support you provide.
JINNY in South Korea