Singer Kim Jaejung confessed that since establishing his company, he has resolved all of the operating costs with his own money.
The video was posted on the "Friends" website with the title "It's 6 times more fun and 6 times more lively because we're all together." The video was the first episode of "Chee Ching" season 4.
In the video, the group "INFINITE" appeared as guests and gave a fun talk. On this day, "INFINITE" Seong Kyu (INFINITE) asked JAEJUNG about the company. He is currently
Currently, he is the leader of "INFINITE" and has been independently forming "INFINITE" for the group's full-group activities.
Jaejung will also be joining CUBE Entertainment in 2023.
Seong Kyu (INFINITE) said, "While doing various activities and taking on various challenges, there were times when I felt lonely and sad.
Jaejung responded by saying, "Being the CEO is lonely," and empathized, "There must be a lot of things on your mind."
Seong Kyu (INFINITE) said, "I'm only working on the INFINITE album, but (JAEJUNG) is training his juniors and doing various other things."
"Doesn't it actually cost a lot of money?" he said with an awkward laugh. He meant that it costs a lot more to train a new group these days than it used to.
L agreed, saying, "I've heard it's even more so these days," and WooHyun added, "They say it costs billions of won each." Jaejung replied, "When we were
"The expenses incurred are not even expenses," he vehemently admitted. In response, Seong Kyu (INFINITE) questioned, "How do you raise funds to run a company?"
Jaejung said that since he established the company, he has been completely self-funded. He said, "There are a lot of risks involved, so why did I choose to do it on my own?
"You may think I ran the company on money, but I'm satisfied now," he said, surprising everyone. He added, "It's not because I have a lot of money," and emphasized, "I don't feel any desire for material things anymore."
He explained, "It's the same with eating when you're at your limit (in terms of spending money)." However, the members of "INFINITE" said, "Doesn't that mean I've earned everything I can?" and "
"The rumor that he has a fortune of 1 trillion yen seems to be true," he said enviously. Jaejung reiterated, "If I look at it from a personal perspective, even if I make more money here, I won't be happy." He said, "If I look at it from the perspective of the company's value,
The more capital we have, the more we can do," he said, revealing his aspirations, "This is the end of investing in myself personally; I'm now investing in the company."
Meanwhile, JAEJUNG is the CSO (Chief) of iNKODE Entertainment, which he founded.
He currently serves as Strategy Officer. Recently, the company debuted the girl group "SAY MY NAME" and is currently preparing to launch a boy group.
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