Jeon Hwa-sung's Morning Talk (Ep. 1180): Keys to Innovative Business Growth

CEO Jeon Hwa-sung's 'Startup Morning Coffee,' which discovers shining innovative companies in the rapidly changing startup ecosystem, meets viewers every day at 8:40 AM via the YouTube channel 'Jeon Hwa-sung's CNTV'. It deeply illuminates the core competencies and market potential of startups through real-time communication and is establishing itself as a key information hub for the startup ecosystem. The company that garnered attention in this broadcast is none other than **YesFuture**. The visa and residency issues faced by foreigners coming to Korea, along with the suffering caused by illegal brokers, have been a long-standing challenge for our society to solve. The immense costs and debts borne by foreign workers and international students, as well as the complex administrative burden on schools and companies managing them, have led to inefficiency and lack of transparency for all. To resolve these difficulties, YesFuture introduces an innovative AI-based solution. Its goal is to build a transparent and legal infrastructure for managing foreigners through an AI solution that encompasses overall services necessary for foreigners' lives in Korea, including visa, employment, and residency management. Currently, it is executing CNTTech's Initial Startup Package support project and is being recognized for its potential. YesFuture's core strength lies in its strategy of **simultaneously providing personalized solutions and institutional management systems to expand the market**. For individual foreigners, it supports legal and transparent residency by automatically guiding them with essential information for living in Korea, such as visa extension guides, insurance payment due dates, and weekly checklists, through the 'Be-Visa' app, which incorporates Optical Character Recognition (OCR) technology. This helps individual foreigners safely lead their lives in Korea without a lack of information or the temptation of illegal brokers. Simultaneously, for institutions such as schools and companies, it provides a B2B SaaS (Software as a Service) program to automate complex international student and foreign national management tasks. By receiving agency fees that arise from this process, it completely blocks the possibility of illegal brokers' intervention and achieves a double benefit by preventing universities from facing issues related to foreign student recruitment regulations. Institutions can enhance management efficiency, reduce regulatory risks, and attract and manage foreign personnel in a legal and ethical manner. CEO Jeon Hwa-sung emphasizes that YesFuture's AI-based SaaS model will play a crucial role in Korean society, which faces a surging demand for foreign labor, by providing reasonable and safe lives in Korea for foreigners and stable and transparent channels for foreign talent inflow for institutions. YesFuture's steps to break the cycle of illegality and inefficiency and build a sustainable foreign national management ecosystem that benefits everyone are highly anticipated.