Jeon Hwa-seong's Morning Coffee: The 24/7 Startup's Success Secret?

The YouTube program 'Startup Morning Coffee', hosted by CEO Jeon Hwa-sung, invigorates the startup ecosystem every day at 8:40 AM through Jeon Hwa-sung's CNTV channel. Through real-time comment interaction during live broadcasts, this program establishes itself as a useful information platform for viewers, deeply introducing the core competencies and market potential of various startups. In a recent broadcast, the startup '24.7', which challenges long-standing difficulties in the real estate management market, was featured. Despite the complex and multi-faceted tasks of the existing real estate management market, it has suffered from inefficiencies and inconveniences due to the absence of an integrated management system. To solve these problems, 24.7 developed 'Buddy', an innovative SaaS-based integrated management solution, garnering market attention. 24.7's 'Buddy' is a powerful tool that covers building management of all sizes, from large to small and medium-sized buildings. It supports the integrated management of various essential partners for building operations, such as water tank management, insurance, taxes, elevators, gas facilities, and fire safety equipment, all on a single platform. This means efficiently integrating dispersed management tasks, thereby maximizing management convenience and transparency. Furthermore, its technology and growth potential have been recognized through CNT Tech's 'Next Elevation Support Program'. In particular, 'Buddy' provides comprehensive services covering the entire real estate management process, including PM (Property Management) and FM (Facility Management) services, which encompass statutory management agency, integrated management of various building-related schedules, lease contract management, rent and management fee billing and inquiry, and monthly report provision. It is currently proving its effectiveness by securing 20 to 30 client companies, including Appier, Autocrypt, WithU, and Draper. Regarding 24.7's innovative solution, CEO Jeon Hwa-sung offered a key piece of advice: "Rather than sticking solely to SaaS solutions in real estate management services, there is a need to explore various revenue structures, such as expanding PM businesses and adopting on-premise solutions, to drive sales growth." This suggests a strategic direction for startups to achieve sustainable growth and emphasizes the need to respond flexibly to market changes.