239 | From Tech Entrepreneur To Amazon: Da Li's Experience for Entrepreneurial Success Part 2


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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)

  • 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.

  • 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)

  • 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.

  • 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)

  • 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)

  • 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.

  • 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)

  • 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:

  • 00:00 - Entrepreneurial journey in China, founding DEYA Tech and serving major clients nationally and internationally.

  • 2:16 - Challenges of business in China, rising labor costs, and the changing landscape of entrepreneurship.

  • 13:00 - Lessons learned from DEYA Tech, embracing failure, and the importance of swift adaptation in business.

  • 18:00 - Engaging with high-profile dignitaries, sharing encounters with a Saudi Prince and the late Paul Allen.

  • 29:12 - Creating sustainable home products, introducing the brand Kunaboo and its significance.

  • 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/