Jul 19 2024 31 mins 1
In this episode, we had the pleasure of hosting Da Li, a serial entrepreneur who shared his remarkable journey from entrepreneurship in China to creating sustainable home products. Da Li's diverse experiences and insights provided an enriching conversation on entrepreneurship and cross-cultural engagement.
1. Entrepreneurial Journey in China (00:00-02:16)
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Da Li founded DEYA Tech, becoming a market leader in China, catering to major clients domestically and internationally, including regions along the Belt and Road initiative.
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He discussed the challenges faced in the evolving landscape of entrepreneurship in China, highlighting the impact of rising labor costs and changing market dynamics.
2. Challenges of Business in China (02:16-13:00)
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Da Li emphasized the increasing difficulty of bootstrapping and organic growth in the current market, reflecting on the changes in labor costs and the landscape compared to previous years.
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He shared lessons learned from DEYA Tech, including the importance of embracing failure, the significance of swift adaptation, and recognizing the right timing for pivoting in business.
3. Engaging with High-Profile Dignitaries (13:00-18:00)
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Da Li shared intriguing stories of interacting with high-profile dignitaries, providing insights into encounters with a Saudi Prince and the late Paul Allen, shedding light on the dynamics and behind-the-scenes interactions in such scenarios.
4. Creating Sustainable Home Products (18:00-29:12)
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Introduction to Kunaboo, a brand by Kingsway Global Inc., focusing on sustainable home products with a family-oriented touch, emphasizing the significance of the name and the inherent message behind it.
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The discussion included the principles of the brand, the family-oriented feel of the products, and the value of having such items in homes.
5. Life Lessons from Entrepreneurship (29:12-32:00)
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Da Li emphasized the empowering nature of entrepreneurship, highlighting the sense of agency, responsibility, and the lasting impact it has on personal growth and accountability.
Episode Highlights:
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00:00 - Entrepreneurial journey in China, founding DEYA Tech and serving major clients nationally and internationally.
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2:16 - Challenges of business in China, rising labor costs, and the changing landscape of entrepreneurship.
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13:00 - Lessons learned from DEYA Tech, embracing failure, and the importance of swift adaptation in business.
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18:00 - Engaging with high-profile dignitaries, sharing encounters with a Saudi Prince and the late Paul Allen.
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29:12 - Creating sustainable home products, introducing the brand Kunaboo and its significance.
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32:00 - Life lessons from entrepreneurship, emphasizing agency, responsibility, and personal growth.
About Our Guest Today
Da Li is a serial entrepreneur with a wealth of experience in entrepreneurship, cross-cultural dynamics, and sustainable products. He founded Kingsway Global Inc. and leads Peer Communications and Wellcee.
Where to find Our Guest online
https://www.kunaboo.com/
https://www.facebook.com/mykunaboo/
https://www.instagram.com/mykunaboo/
https://www.wellcee.com/
https://www.linkedin.com/in/dali1/
