THROUGH THE WAVES : Life and Business Stories of Captain Kim Jae-chul

Upon the Release of the Abridged Version _ 6

Prologue : Captain Kim, a Life of Navigating Tall Waves _ 8



Part I The Vestiges of Life

1. A Fateful Encounter _ 17

2. Chasing an Ambitious Dream at Sea _ 35

3. A Gift from the Sea _ 67



Part II The Path to Entrepreneurship

1. An Opportunity Earned through Reputation _ 93

2. First Steps toward Founding a Company _ 105

3. Establishing the Business Foundations _ 113



Part III Business Expansion and Crises

1. Expanding the Business and Seizing Opportunities _ 155

2. A Business Crisis and Learning from Failure _ 179



Part IV Kim Jae-chul's Management Philosophy and Methods

1. Management Principles and Attitude _ 201

2. Management Methods and Tools _ 207



Part V Public Interest over Private Benet

1. A Dream of Investing in Talent _ 221

2. How to Invest in Staff _ 227

3. The Path to Industry Development _ 231

4. The Path towards the Nation and Public Benefit _ 235

Part VI The Signicance of Kim Jae-chul in Economic and Business History

1. Economic Significance _ 247

2. Business Significance _ 251



Epilogue : Life is about Finding a Way to

Win Even When Times are Tough _ 253

Gong Byung-ho A native of Tongyeong, South Gyeongsang Province, he graduated from Korea University with a degree in economics and earned a doctorate from Rice University in the United States. Since then, he has served as the first president of the Center for Free Enterprise and the Korea Institute for Free Economics, and is currently the director of the Institute for Management Gong Byung-ho, and has been teaching and writing. There are more than 100 books, including [The Rise and Fall of the Korea Business], [10 Years Later Korea], [Classical Reading], [What is the market economy], [Kong Byung-ho's Self-Management Note] and [Leader's Compass].