135 - How to make it in the dice business — with Karen Wang (Part 2)

The Futur with Chris Do

The Futur

Design, Self-improvement, Education, Business, Marketing, Arts

5 • 976 Ratings

🗓️ 26 May 2021

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

This is part 2 of our conversation with struggling artist turned dice-making millionaire, Karen Wang. If you missed part 1, go back an episode and listen to that first. In part 2, Karen shares her experience launching her first Kickstarter—which ultimately lead to $2 million in sales. You’ll hear about how she got into dice-making, what she learned, and all the interesting mistakes along the way. You might think raking in millions of dollars in sales is great. But what happens when you have to then follow through? How do you deal with such massive demand? And what other pitfalls do you have to look forward to? Instant success comes with a responsibility. And Karen is no stranger to that fact. Listen to how she’s navigated the world of manufacturing and all the big challenges that come with it. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	The And the Welcome to the future podcast, a show that explores the interesting overlap between design, marketing and business.
0:32.0	I'm Greg Gunn.
0:33.0	This is part two of our conversation
0:35.0	with struggling artist
0:36.0	turned bespoke luxury dice maker
0:38.0	Karen Wang.
0:39.0	Now, if you missed part one,
0:41.0	go back one episode and listen to that first.
0:44.2	This will make a lot more sense when you do.
0:46.6	For everyone else, enjoy part two.
0:49.6	Okay, so you're done with the season, you're looking for things half-heartedly.
0:54.4	How much money had you saved up at this point?
0:56.4	I think a little bit under $30,000.
0:59.4	Okay, so you have $30,000 in the bank, and is that the most you've ever had as a fully formed
1:03.8	adult in your bank?
1:05.3	Yep.
1:06.3	Okay, so you must have felt pretty good, right?
1:08.5	No, I felt terrified because I didn't know what was coming next.
1:15.0	Why would you feel terrified? Because I didn't know if I wanted, I didn't know if I would ever get a job again.
1:18.8	I didn't know if I would want to continue working there. Like my fear of failure and
1:24.0	insecurity is I think much higher than most people realize. So melodramatic.
1:31.1	Yes. You're $30,000 in a bank. You're like, the world's going to end. I can't believe it. Is that really what you're feeling?
	...

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