Wan Song

Wan Song

MyGymPals is my latest startup that brought me back into the entrepreneurial game. I guess you can never stay away. Let's play!

LinkedIn: https://www.linkedin.com/in/wanssong
Los Angeles, California, United States
Accredited investor
Member since August 28, 2015
Quote
Always up for a challenge Quote_down
  • About
Investor interests
Activity
Investments made Futura Labs
Investments made
(confirmed by company)
MyGymPals
Education
2012 Pepperdine University , MBA , Marketing
2010 Pepperdine University , BS , Business Administration

I am a(n):

hustler of all things tech.

Companies I've founded or co-founded:
MyGymPals, Eastern Investment Inc, Very Gold Enterprises Inc, Holodeck PC
Companies I work or worked for:
HAMA Investment
Achievements (products built, personal awards won):

Beta Gamma Sigma

If you're an entrepreneur or corporate innovator, why?

I want to be my own boss, and be in control.

My favorite startups:

The Honest Company, Jet.com, MyGymPals ;)

What's most frustrating and rewarding about entrepreneurship/innovation?

Frustration when the days are never long enough to accomplish more. The mind is willing, but the body is not. I would accomplish so much more if I didn't need to sleep. At least I can catch up on The Walking Dead...

We attended the recent TheFitExpo in Anaheim as a last-minute exhibitor. You have to know that the idea of the company was in the napkin phase just this past April. Just two weeks before the start of the fitness expo, we decided to sign up as an exhibitor. It was a whirlwind of calls, emails, stress, and sleepless nights that finally got us ready with booth giveaways, banner, popup displays, volunteers, animated presentation, etc. After meeting our first booth visitors, we knew we made the right choice. Hearing exclamations and comments "OMG, I really want a workout buddy" or "My friend needs a workout pal" were rewarding enough.

What's the No. 1 mistake entrepreneurs/innovators make?

Lack of confidence. People need to believe in their ideas, even if they are up against resistance. Believe in your idea and become its evangelist.

What are the top three lessons you've learned as an entrepreneur?

1. Be honest. I'd rather be faced with mediocre data than with a spectacular lie. The truth will set you free, or at least keep you out of trouble.

2. Always ask for help. Sometimes an entrepreneur will want to maintain full control, but there will be times when you are overwhelmed. People will help if you ask. Swallow that pride.

3. Have fun. Even when you're stressed to meet a deadline, you should be excited and happy to do what you're doing. If not, you're in the wrong business. Just ask yourself, "Would you do this for free?"

Full bio

Marketing, sales and finance background.  Started numerous and successful businesses.  Always an eye for detail and calculated risk, even with failure looming overhead.  Failure is a part of life, so roll with the punches or get knocked out.  I don't mind working hard and getting my hands dirty.  If an investor is not willing to do the work of those they are investing, move along.  Entrusting any amount of money for an expected return is risky, but foolhardy if you just stand idly by.

From one of the first internet/gaming cafes in the USA to multi-million dollar investment rounds, I welcome those who can pique my curiosity and challenge my intellect.

I've invested and had a running business account of $3M monthly, helping small and mid-sized businesses in Southern California over the past 15 years.