Q.1. Kindly give our readers an introduction to your business. Please include what your business is all about, in which city you are located and if you have offices in multiple locations/ cities.
Ans: KIS Pacific is a leading provider of innovative work and sports wear company in Canada. We have office in Toronto, Montreal and Shanghai.
Q.2. Kindly give us a brief description about yourself (it should include your brief educational or entrepreneurial background and list some of your major achievements).
Ans: Graduated from Xiamen University in 1993, David Wu have been in textile business for over 25 years. KIS was founded in 2007 since then we grows to be one of the largest workwear and uniforms importer and wholesaler in Canada.
Q.3. What inspired you to (start a new business venture) or (to make significant changes in an existing business)? How did the idea for your business come about?
Ans: Our vision statement is:
Honouring the working class by being the leading provider of innovation in work and sporting wear.
Our mission statement is:
Build a culture of innovation to produce the most durable and comfortable work and sport wear to our customers.
Q.4. What three pieces of advice would you give to budding entrepreneurs?
Ans: 1. Find the things you really like to do.
2. Stay hungry, Stay foolish
3. Keep It Simple
Q.5. What would you say are the top three skills needed to be a successful entrepreneur?
Ans: 1. leadership
Q.6. How many hours do you work a day on average?
Q.7. To what do you most attribute your success?
Ans: I do not think I am there yet…
Q.8. How do you go about marketing your business? What has been your most successful form of marketing?
Ans: through sales rep.
Q.9. Where did your organizations funding/capital come from and how did you go about getting it? How did you obtain investors for your venture?
Ans: friends/family at the beginning, then the bank
Q.10. What is the best way to achieve long-term success?
Ans: Have a vision….I want to find out as well.
Q.11. Where you see yourself and your business in 5 – 10 years?
Ans: See our mission. In 5 years, sales in North America over $50m
Q.12. Excluding yours, what company or business do you admire the most?
Ans: Apple, Steve Job,
Q.13. How important have good employees been to your success?
Ans: One of the most important factor
Q.14. How long do you stick with an idea before giving up?
Ans: test – feed back – adjust – test again….idea should be evoked as well
Q.15. What motivates you?
Ans: I like what I am doing
Q.16. What are your ideals?
Ans: never stop thinking
Q.17. How do you generate new ideas?
Ans: stay humble, stay foolish
Q.18. How do you define success?
Ans: Success is relative.
Q.19. How do you build a successful customer base?
Ans: provide what they need
Q.20. What is your favorite aspect of being an entrepreneur?
Ans: relatively freedom
Q.21. What has been your most satisfying moment in business?
Ans: yet to come
Q.22. What do you feel is the major difference between entrepreneurs and those who work for someone else?
Ans: Vision of the life
Q.23. What kind of culture exists in your organization? How did you establish this tone and why did you institute this particular type of culture?
Ans: Innovative allow mistakes
Q.24. In one word, characterize your life as an entrepreneur.
Q.25. If you had the chance to start your career over again, what would you do differently?
Ans: Still will choose to be an entrepreneur
Q.26. How has being an entrepreneur affected your family life?
Q.27. What is your greatest fear, and how do you manage fear?
Ans: Ever changing situation. No fear no motivation.
Q.28. How did you decide on the location for your business?
Ans: Where is the market.
Q.29. Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?
Q.30. If you could talk to one person from history, who would it be and why?
Ans: Steve Jobs A great thinker
Q.31. Who has been your greatest inspiration?
Ans: Steve jobs
Q.32. What book has inspired you the most? (OR what is your favorite book?)
Ans: Different period of time there are different books. Recently I am reading The history of Ancient Rome, very inspiring.
Q.33. What are some of the biggest mistakes you’ve made?
Ans: Over confident sometimes
Q.34. How can you prevent mistakes or do damage control?
Ans: Think twice
Q.35. What are your hobbies? What do you do in your non-work time?
Ans: Reading, Gym, Music
Q.36. What makes you happy?
Ans: Reading without interruption
Q.37. What sacrifices have you had to make to be a successful entrepreneur?
Ans: Family time with kids
Q.38. If you were conducting this interview, what question would you ask?
Ans: What is the meaning of the life?