48 min
121. How to Fail the Right Way: Lessons from a Multimillion-Dollar Company The UpFlip Podcast
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- Entrepreneurship
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Dok Kwon co-owns CUPBOP, a Korean BBQ business, with 220 stores worldwide and $3.5M monthly revenue. But it all started with a single food truck! In this episode Dok digs deep to share his insights on entrepreneurship, growing a business worldwide, and why sometimes you just have to fail the right way.
Key Takeaways:
Never linger with failure. You have to have the takeaway from it but you likely made the best decision with the data that you had.The biggest misconception about entrepreneurship - it looks glamorous but it requires a much higher pain threshold than working for a company.Don’t take no for an answer. Execute and figure it out - to be successful you will find a way.Resources:
Join the UpFlip Academy today: https://www.upflip.com/membershipConnect with Dok: https://www.cupbop.com/For more advice, check out Episode 115 where Michael Tecku shares the principles he used to scale his business to $1M per year. https://www.upflip.com/podcast
Connect with UpFlip:
On Facebook On Instagram @UpFlipOfficial on Twitter For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.
Thanks for listening!
Send UpFlip a message now!
Dok Kwon co-owns CUPBOP, a Korean BBQ business, with 220 stores worldwide and $3.5M monthly revenue. But it all started with a single food truck! In this episode Dok digs deep to share his insights on entrepreneurship, growing a business worldwide, and why sometimes you just have to fail the right way.
Key Takeaways:
Never linger with failure. You have to have the takeaway from it but you likely made the best decision with the data that you had.The biggest misconception about entrepreneurship - it looks glamorous but it requires a much higher pain threshold than working for a company.Don’t take no for an answer. Execute and figure it out - to be successful you will find a way.Resources:
Join the UpFlip Academy today: https://www.upflip.com/membershipConnect with Dok: https://www.cupbop.com/For more advice, check out Episode 115 where Michael Tecku shares the principles he used to scale his business to $1M per year. https://www.upflip.com/podcast
Connect with UpFlip:
On Facebook On Instagram @UpFlipOfficial on Twitter For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.
Thanks for listening!
48 min