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/

The Plumb Line | 02.27.24