How to Transition from Employee to Entrepreneur With Mike Dorsey and Chih Lin | Ep 39
In this episode, Mike and Chih of Dumpling Dudez talk about their transition from corporate to establishing their own business. They share what inspired them to transition, the things they needed to prepare, how they work as partners, and how they faced struggles that came along, including how they scaled during the pandemic. Listen up, learn, and be inspired by their story.
Key Takeaways From This Episode:
Whoever you are today is because of all the struggles you went through.
Look at hardships as an opportunity to grow and be a better version of yourself.
Embrace your struggles. If you are going through a hard time, use that as fuel to pivot and make yourself better and the energy to conquer even stronger future struggles. Stay agile. Be ready to adapt to changes.
Deciding to shift fully to business or start it while working would depend on your financial situation and working style.
In transitioning, financial planning is important. Consider two years' budget and scale slowly.
When working together with your partner, you have to talk about work responsibilities, be clear with them, and play each other’s strengths. If you are in a relationship, remember that the relationship is important. Put your relationship first, schedule time for each other. Have free time for yourself.
It is not about failure but the response to failure that matters.
Not everyone has to like you. Be yourself.
If you want a change, then you got to have time for it.
The most important thing is your why, why you started your business, always remind yourself of that.
Today’s Guest:
Mike Dorsey and Chih Lin began with a leap of faith into a world they knew little about. They have worked in corporate America for the past 15 years. Climbing the corporate ladder and so busy building dreams for others, they forgot how to dream ourselves. They were comfortable but weren’t fulfilled. They wanted more out of life and were willing to risk it all to follow their dreams and pursue their passions. On April 1st, 2019, they both quit their jobs, and DumplingDudez™ was born.
Connect and know more about Mike and Chih and their company here:
Website: www.dumplingdudez.com
Facebook: www.facebook.com/DumplingDudez
Instagram: www.instgram.com/DumplingDudez
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