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Advice from Mirae Asset Group Founder Hyeon-Joo Park ... “Golden Shares Needed for Young Entrepreneurs"
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Advice from Mirae Asset Group Founder Hyeon-Joo Park ... “Golden Shares Needed for Young Entrepreneurs"

Sep 10, 2025
Hyeon-Joo Park, founder and chairman of Mirae Asset Financial Group, offered both self-reflection on the business practices of financial institutions and heartfelt advice for aspiring entrepreneurs. 

On September 10, 2025, Park attended the National Growth Fund Report to the People event held at Front One in Mapo-gu, Seoul. He began his remarks by saying, “Seeing this 150 trillion won growth fund moved me deeply. My heart was filled with pride. The agenda set by the Financial Services Commission is close to perfect.” 

He continued, “Last year, Korea’s venture investment volume was 11 trillion won, and in the first half of this year, it was about 2.5 trillion won. This means that while deposits in Korea exceed 2,300 trillion won, the nation’s growth has mostly been driven by real estate loans.” 

Park added, “Financial institutions have traditionally focused on making profits through loans. This is something that must be changed. I plan to hold discussions with our investment executives, reflecting on the fact that perhaps we also need to reconsider certain approaches.“ 

Alongside his self-criticism, Park also offered advice to aspiring entrepreneurs who attended the event. 

He emphasized, “Future competitors will be global entrepreneurs, and it is therefore important to gather top talent. To achieve this, you need to have the courage to share equity boldly with talented people instead of clinging to ownership stakes.” 

He also suggested, “I’d like to make a proposal to the government: for young entrepreneurs or certain companies, why not consider introducing golden shares?” 

Speaking directly to high school student participants, Park shared his own experiences as a founder: “Nothing in life is easy, and entrepreneurship is even more challenging. Payday always seemed to arrive too quickly, while the company was still operating at a loss. That memory has stayed with me until now.“ 

He recalled, “When Korea was in the midst of the IMF crisis, the market capitalization of Korean Air was only 200 billion won. I wondered how our country came to this point. That’s when I thought: if we shift from savings to investment, things can change. That’s why ‘From Saving to Investment.’ became Mirae Asset’s founding slogan.” 

To aspiring entrepreneurs, he advised, “I hope you can keep this in mind: I live by innovation. What I do is innovation. My hope is that you will aspire to be entrepreneurs who innovate.” 
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