Latest / Take1.5 Podcast: Stories from the Messy In-between / Can Makgeolli Become America’s Next Big Drink? 미국에서 막걸리 파는 교포 사업가 케롤 MAKKU
Transcript
- 0:00As a Korean American or Asian American young female CEO, what
- 0:06advice would you give to other women?
- 0:08You need to fight for what you deserve and remember like your
- 0:13sense of worth and to always negotiate and have to feel
- 0:17Jonas. So I don't know what that is in
- 0:19English. But I love it.
- 0:20Jorasso, don't Jorjima. I don't.
- 0:22I actually try to think about English translation, but it's
- 0:27hard that you're always going to feel small and.
- 0:34We have Carol Hack, founder and CEO of Baku All Natural Bakali,
- 0:41a Korean rice drink. Bakali is like really
- 0:44traditional Korean drink, right? How did you get started that's
- 0:47so rare? Yeah.
- 0:52So I think growing up, I always wanted to be a founder.
- 0:55My parents both own their own businesses, and so I just grew
- 1:00up with them always kind of managing their own schedules.
- 1:04And I never really thought to be like a lawyer or doctor like the
- 1:09typical Korean families push you to.
- 1:13All of my parents did want me to be a lawyer, of course.
- 1:18So yeah, after college, I just I didn't really know what I wanted
- 1:22to do. And I had like a bunch of random
- 1:24jobs and then I somehow met a tech founder at the time who
- 1:29wanted to build this like tech app together.
- 1:33So I had that experience for a year and I quickly realized tech
- 1:37is not for me. So I went to Business School to
- 1:40try to shift my career maybe more towards like CPG Consumer
- 1:46Packaged Goods. I ended up working at ZX
- 1:51Ventures, which is like a incubator venture arm of AB and
- 1:54Bev, Anheuser Busch and Bev, the world's largest alcohol company.
- 1:58What do I say right? Yeah, company.
- 2:02So I was in this very like new and special unit that focused on
- 2:07new innovations. And then eventually I was placed
- 2:11as like project lead to lead like a, a new product launch in
- 2:14China. And yeah, when I was working in
- 2:18China, I would travel to Korea often.
- 2:21And then I realized, oh, my young, my friends my age are
- 2:28drinking Makoli here and they don't drink Makoli in the US And
- 2:31I just found that really interesting.
- 2:33And then my friends were like, oh, no, we don't always drink
- 2:35Makoli. We just started drinking Imakoli
- 2:37because there's these new Kraft Imakoli bars and we mostly just
- 2:42drink Soji, but this is like a fun thing once in a while.
- 2:44And we just wanted to show you because you work in the beverage
- 2:47industry. So that's what exposed me to
- 2:51like the craft Makali movement in Korea.
- 2:54This was in 20/16/2017. And then when I returned to the
- 2:58US and I was like, oh, maybe I'll go get a bottle of Makali.
- 3:02I realized there are so few options and, and they taste so
- 3:06different from what's offered like the premium offerings in
- 3:09Korea. And then I, you know, I just
- 3:12went down a rabbit hole of like, why would that be?
- 3:14And, you know, could there be a market for this?
- 3:16And if Korean food and Korean culture is trending, why
- 3:21wouldn't Korean alcohol be next? And there's even with soju,
- 3:25there is premium soju in Korea, but like people only really know
- 3:30the green bottles here. And there could be so much more
- 3:36in terms of like offerings of Korean alcohol.
- 3:39And so I was like, OK, well, maybe I'll start a company focus
- 3:43on on more traditional premium, good quality Korean alcohol.
- 3:50And the first part that we decided on was Magoo because I
- 3:55felt like there was a real lack of Margoli offerings.
- 3:59And it didn't seem as scary as like competing with like chin
- 4:03row. So juice, that was kind of the
- 4:05back story of it. And this was eight years ago.
- 4:10But yeah, I don't think I really realized what it meant to start
- 4:13a beverage brand like I have. I was going into it very nicely.
- 4:19Wow. It started off like as a fun
- 4:21project. Yeah.
- 4:22But you kept on going for eight years.
- 4:23That's that's pretty good. I know.
- 4:26I blinked and I was like, wow, it's been eight years.
- 4:30What does Maku mean? Does it have a meaning?
- 4:34No. I felt like one of the
- 4:36challenges was that makoli is very hard to pronounce,
- 4:40especially if you look at the traditional spelling of it.
- 4:43It's MAKGEOLLI. So when Americans are trying to
- 4:48read it, it'll take a few seconds and then they'll say
- 4:52machioli. It is, you know, a shortened
- 4:55abbreviation word on on those, you know, word Macaulay.
- 5:00And also I was just studying a lot of brand names and realized
- 5:04like now 2 syllables is good. There are certain characters
- 5:08that are like funner to say like that.
- 5:10The K cave. I thought it was like a, you
- 5:12know, fun little sound. Yeah, yeah.
- 5:17So yeah, it it it was a very easy name.
- 5:22Yeah, it is. Come up with.
- 5:24It's very catchy. I was like, oh, Makku.
- 5:26What's Makku? I wonder?
- 5:28Makku. Yeah.
- 5:29I figured that it had something to do with Makkoli, but that's
- 5:33really good. That's very clever.
- 5:35Nice. You know, for those of us who
- 5:39don't know Korean traditional beverage, tell us a little bit
- 5:43about bakkoli. What is it?
- 5:46So it's Chris Alf's alcohol. It's made with steamed rice, and
- 5:51when you ferment it with traditional fermentation starter
- 5:55called nuruk that's native to Korea, you put that in a pot
- 6:01with water and then you ferment it and it becomes makoli.
- 6:04So it's a very, very simple humble drink with three
- 6:08ingredients and it's been around for they see centuries.
- 6:12Like all the sources online, it's different.
- 6:14People will say like it came from this dynasty or this
- 6:17dynasty, but everyone will kind of agree that it is the oldest
- 6:20referenced alcohol in any kind of like Korean literature.
- 6:25And it's always present for any kind of Korean celebrations or
- 6:29ceremonies or rituals or traditions.
- 6:32And so, yeah, it's a it's a family drink.
- 6:36I would say it's, you know, celebrated and, and consumed
- 6:40together and shared amongst people from all, all
- 6:43generations. And it's, you know, typically
- 6:46very low ABV, like 6%, and it's slightly sweet.
- 6:50So it's just a lot easier to drink casually and to pair with
- 6:55food. But we wanted to do something a
- 6:58little bit more accessible and a little bit more close to what
- 7:02mukhali is kind of perceived as in Korea.
- 7:04And so we just add, we just back sweet with some cane sugar.
- 7:08So you'll probably get, you know, some part of the sweetness
- 7:12from the rice naturally, but our sugar doesn't come fully from
- 7:17just the rice. I see, I see.
- 7:19Wow. So you know when I think of
- 7:21Bakali, I think a very traditional setting where you
- 7:27know like in K dramas they always have Bakali at the BBQ
- 7:32table. Or the other thing I know is
- 7:36when the the Korean Ajmas and Ajashish come down for my king,
- 7:41they always have Bakali and the dog right at the base of the
- 7:44mountain, you know? So those are the images I have
- 7:48of Buckley. Yes.
- 7:50But your brand, I feel like it's very trendy, even the packaging
- 7:54and the name. Are you trying to introduce that
- 7:58to a different market? Yeah.
- 8:02So, you know, for me growing up, Makali was always like a drink.
- 8:07You drink when you it's raining. Like it's raining, Let's go
- 8:11drink some Makali with some Pajan.
- 8:15But I couldn't. Like, I didn't want to introduce
- 8:18Makali to the US market that way because this doesn't make sense.
- 8:21Even Koreans don't know why we do that.
- 8:24Yeah. And there's different
- 8:25hypothesis, but I don't want to coming in with some like and
- 8:29sensible like this is a drink you drink when it rains and it
- 8:33would be also very difficult to do that for me.
- 8:36I was like, let's come with like a blank mind and refresh start.
- 8:42This is like a low alcohol like very carbonated refreshing
- 8:47drink. It was very had very similar
- 8:51attributes to beer and hard cider and hard seltzer and a lot
- 8:55of the can of beverages in America.
- 8:57So and then the plus was it had a rice plate flavor profile.
- 9:03It is oftentimes gluten free and it's a little bit sweeter than
- 9:08the other offering. So it's kind of like an
- 9:11alternative to beer or hard cider, like hard apple cider.
- 9:15And so I think for the longest time in America, the only other
- 9:20alternative to beer was hard cider.
- 9:22But you know, the growth has stagnated.
- 9:25And I think it's because you can only get so much flavor profile
- 9:28with just apples. And it's, you know, maybe people
- 9:31are looking for something new or different.
- 9:33And people are also interested in a lot of different cultures
- 9:37and especially Korean culture now.
- 9:38And so I thought, you know, with all this Korean heritage and
- 9:42history and the the base flavor profile being rice, which is
- 9:47like can be appreciated by anyone, I thought it was a very
- 9:53approachable and sensible alternative to any kind of low
- 9:57alcohol can't refreshing beverage here.
- 10:01So for that reason, I was like, OK, we're going to put it in a
- 10:04can and I'm going to try to make this an alternative to like,
- 10:08beer and hard cider in the market.
- 10:11And that was a thought process. And so, you know, in Korea would
- 10:14inform, oh, you drink this with pusam or you drink this with
- 10:18tubo or kimchi or after a hike or, you know, they have all of
- 10:22these occasions and food. And that's easier for consumers
- 10:25to, I think, grasp in their brain and remember, oh, it's
- 10:29raining. Oh, we just went hiking.
- 10:30Mukili is that drink. But I think those occasions are
- 10:34a little bit more limiting here. And like that has been created
- 10:39collectively by Koreans for centuries.
- 10:42And like I as one single person, it would be really, really hard
- 10:46to build that culture. I want to drink.
- 10:48And so I kind of just launched it in the market to see how
- 10:52people are drinking it. And it's just very similar to
- 10:54how people drink beer. A.
- 10:56Very. Casual barbecues, picnics with
- 10:59dinner after dinner. By themselves.
- 11:03Not by themselves, but there's a very large range of occasions,
- 11:08and I think one also huge difference with Koreans and
- 11:12Americans is that Koreans will always pair food and drink
- 11:15together. Whereas.
- 11:16Here a lot of times people will just drink without any kind of
- 11:20under meal. So it it allows for more Maku
- 11:25occasions. So we're still figuring out like
- 11:28what's our messaging? Is it appropriate for us to set
- 11:31certain occasions and ways to consume Maku or do we just let
- 11:36the customers dictate trigger that?
- 11:38Yeah, I think we're allowing it to be more flexible and yeah,
- 11:44not really dictating this is this is how you drink Bakoli.
- 11:48Yeah, but you're introducing Bakoli and how it could be
- 11:52paired or consumed in many, many different ways and occasions.
- 11:57So that's really interesting. I, I went online, I wanted to
- 12:02order some Baku before this, but there was the Whole Foods is 2
- 12:07miles from here. But they, they were, they didn't
- 12:10carry. So I was wondering where can I
- 12:13find Baku? We don't.
- 12:14We don't have, I'm not going North Carolina, but you'll find
- 12:19it in Atlanta. So another reason to go to hell,
- 12:23Yes. Yeah.
- 12:24I love the packaging by the way. I think at the time all the
- 12:28craft beer packaging was like very, very busy with a lot of
- 12:32graphics and graffiti, like very Brooklyn style, a lot of art on
- 12:36it. And while they were all
- 12:37beautiful on a shelf together, they all kind of blend in
- 12:41together and it becomes like too much for the human eye.
- 12:44So then I was like, let me go the opposite way and go super,
- 12:47super simple. And then the stripe is because
- 12:51originally we're going to launch the can upside down because
- 12:54another challenge that we have is like you're shaking the
- 12:56can't. You have to shake Macaulay,
- 12:58right? But no one is thinking of
- 13:00shaking a can because everyone thinks it's going to explode.
- 13:03And so we wanted a mark that was intact upside down or right side
- 13:07up. And so then it was like the
- 13:09flash that no one seemed to own in terms of like, IP, your brand
- 13:13identity. But we decided to import from
- 13:19Korea. And then no one had an answer
- 13:21for whether or not we could pass customs if we had an upside down
- 13:25can. And I didn't want to risk it.
- 13:26So I was like, let's just have a normal, yeah.
- 13:29So when you say we like do you, I hope you're not doing this
- 13:33alone. I don't think you could do it
- 13:35alone, but I have a team. You are.
- 13:38Yeah, I did have a team until last year, but obviously with a
- 13:42team you have much higher expectations.
- 13:45And then it takes a lot more of my time to manage.
- 13:48And I was able to keep the team going because I kept on
- 13:51fundraising. Then I usually fundraise in
- 13:54Korea and it takes a lot of my time.
- 13:57And then I just felt like I was getting so diluted, like I was
- 14:01just losing so much ownership of the company and we weren't like
- 14:06growing fast enough. Or it's like, OK, but we're
- 14:09valued at 100 million. So even if I own like 30%, I'm
- 14:12fine. So I realize it's going to be a
- 14:15very like slow growing market and it may take a really long
- 14:18time and it may not be the best business model for investors to
- 14:22want to invest in because they want like a shorter time horizon
- 14:25for return. So I decided like, I'll stop
- 14:29fundraising, but that also means that I have to reduce my
- 14:32expenses. And you know, the biggest
- 14:34expense pocket for us was, was our our workforce.
- 14:37So yeah, I had to make a really difficult decision to like let
- 14:41them go because I wanted to run the business a different way.
- 14:45And, you know, I'm also expecting a second baby soon.
- 14:50So I, you know, it's hard to run a business full time while
- 14:56trying to also manage a growing family.
- 14:59And so of course, for this time in my life, I just want a, a
- 15:02smaller, quieter business that I could kind of navigate on my own
- 15:09based on like my terms. It sounds like a lot of work.
- 15:13It's just on the business side alone, but of course you have a
- 15:16growing family on that too. Yeah, the Macri is made in
- 15:21Korea, I think you mentioned, right?
- 15:23Yes, yeah. You have a factory, or what do
- 15:25you call it, like a plant, brewery, production facility?
- 15:28Or brewery. It's not our own.
- 15:30We work with a partner and that was one of the largest and most
- 15:36important decisions for us and thankfully we found a really
- 15:39great partner early on. I'm not an entrepreneur like you
- 15:43are, so how do you even like come up with the idea and plan
- 15:46it out, follow through and you know, like get find all these
- 15:50resources and put it together? Wow, that's just amazing to me.
- 15:54You know, it's funny because I have people come and they're
- 15:56like, I want to start a business, but I can't think of
- 16:00an idea. And for me it's like I my
- 16:01problem is I have so many business ideas.
- 16:04I always have to shut down because I'm like, I need to
- 16:07focus on this one. So I think there's definitely
- 16:10natural born like idea generators versus like whenever
- 16:15I see something, I'm like, oh, if I started that, like if I did
- 16:18that. Yeah, you're a natural born
- 16:21entrepreneur, but I guess your parents, I guess that really
- 16:24influenced you a lot. Yeah, I think my brother and
- 16:28sister were like, I want nothing to do with that.
- 16:31I don't want the responsibility, I don't want the risk, I don't
- 16:34want blah, blah, blah. But it's, it's just my
- 16:38personality where I was like, I don't want a boss and I I'd
- 16:43rather take the risk and build something and have a lot more
- 16:46fun doing that working a corporate job.
- 16:48Tell me about your work experience with working with
- 16:52Koreans in Korea as a Korean American.
- 16:57Like, do you speak the language fluently?
- 17:00I want to say fluently, but enough to conduct business.
- 17:03OK, that's fluent. And definitely my Korean, you
- 17:09know, fluency expanded as a did business in Korea.
- 17:14All my fundraising was in Korea, all my production meetings were
- 17:18in Korean. So I think I just had to learn
- 17:22the vocabulary of a lot of like business terms when it comes to
- 17:26production and fundraising. But I've been going a lot less
- 17:32since I had my child and you know, I've been pregnant a
- 17:36couple times. So my Korean fluency stuff, I'm
- 17:40like losing it. And now I'm like over relying on
- 17:42ChatGPT. So I'm just like, I don't even
- 17:45read my Korean emails. I just plug it in to translate
- 17:49and then I write it in English and I translate it back.
- 17:51So I'm like losing that exercise.
- 17:54But definitely like I speak more than average Korean because I
- 17:58grew up with my grandma, like she lived with us and she didn't
- 18:03speak any English. So that and I went to Kangarakya
- 18:08my whole life. And then, you know, I listen to
- 18:12Korean music and I watch Korean dramas all the time.
- 18:14So and then I also studied in Korea for two years during
- 18:19college. OK, so that helps.
- 18:21Yeah. But how about culturally?
- 18:22Like, I mean, you're making true, right?
- 18:25I mean, and then they're like, what do you know about?
- 18:27So you Korean? I mean, you're American girl.
- 18:30Like like how do they perceive you?
- 18:33I think that was something I was a little worried about because
- 18:38even before I went to Korea, I had a brewery here and I was
- 18:42pitching the product to Korean restaurant owners.
- 18:46And even with my previous company, the tech company, I had
- 18:49something to do with restaurants.
- 18:51And I was doing like, sales. And people were like, OK, so
- 18:55who's the owner of the company? And it's like, oh, it's me.
- 18:58And they were like, you look like you're in high school.
- 19:01Like some people, they just couldn't or they would laugh,
- 19:05you know, it was, it was very like disrespectful.
- 19:10And this was eight years ago where I looking back, I really
- 19:13look like a baby. So it was like me going to a lot
- 19:17of these established monthly companies, asking them for
- 19:21production contracts for me to build the Mokali category in
- 19:25America. So I do think it was very much
- 19:28like unbelievable. But somehow I think because we
- 19:32all had a shared interest, like most of these companies in Korea
- 19:36are interested in building the Mokali category in the US, They
- 19:40just don't have either the time or the resources with the team
- 19:43to do that. So as long as the terms were
- 19:47favorable, no one was like quick to like ignore me.
- 19:52Like most of them gave me a meeting and a lot of them were
- 19:55like, OK, like we'll bring it up to the CEO.
- 19:58Or sometimes I met the CEO myself.
- 20:01But then the partner that we ended up choosing was I met with
- 20:05the CEO from day one and he was so excited about what I was
- 20:10trying to do. And I think he didn't take my
- 20:13age or gender. Or lack of experience into
- 20:17consideration. And he was just like, yeah,
- 20:19we'll give it a shot. So I got really lucky, I think,
- 20:21in meeting the right people. And I think generally it's just
- 20:25like Brewers are good people. That's kind of.
- 20:29Are they? Yeah.
- 20:30Yeah, I don't know. I feel like a lot of them it
- 20:32just, it just comes from like a place of passion or it's been
- 20:36like a family project for generations.
- 20:38And so, and a lot of them are younger too because they're
- 20:41taking on their parents business.
- 20:44And that's kind of where I think a lot of the the Bukoli boom
- 20:48came from, the craft Mokoli boom, like the average Mokoli
- 20:51brewing age went from 60 to 30. Wow.
- 20:55Yeah. A lot of new.
- 20:58CEO's, granted this is like more recent times are young.
- 21:02They're in their early 30s. Hedging named the CEO that I was
- 21:06talking to. He's older and their challenge
- 21:11was definitely like, but we don't know how to reach a
- 21:14younger generation. And he's all, he was also like
- 21:18the president of the Mokoli Association in Korea.
- 21:20And so his whole like life goal is to globalize Mokoli.
- 21:26And so, you know, they have no intention.
- 21:29They had no intention of coming to America because it was like a
- 21:33market that he had no confidence about.
- 21:34But I think he was really, I don't know, probably intrigued
- 21:39and and happy to hear that I was like trying to do something.
- 21:44Wow, it sounds like you're in the right place at the right
- 21:48time, meeting the right. People.
- 21:51Yeah. Yeah, I was.
- 21:52I think I was fortunate. Wow, that's, that's great.
- 21:55Good for you. I'm happy.
- 22:00Oh my goodness. I yeah, that's I mean, bakkali
- 22:03is such a rare, I mean unknown beverage in America.
- 22:07So, you know, I'm sure it introducing and get people
- 22:11finding it interesting will take time.
- 22:15Of course, among Koreans, we all know what Makkali is and but you
- 22:19also have like flavour Bakkalis too, right?
- 22:21Or those what's Which one's your best seller so far?
- 22:25Mango is our best seller after original in terms of flavour and
- 22:29the flavours. I definitely did create for the
- 22:31non Korean audience as a kind of like a stepping.
- 22:37Stone to. Oh, maybe if they like a mango
- 22:41flavour, they'll be willing to try a mango macoli, even though
- 22:44they don't know what macoli is. And if they like that, maybe
- 22:46they'll try regular macoli. And so it was always kind of
- 22:49like a modern take or like fusion.
- 22:54To yeah, yeah. Something a little bit more
- 22:57accessible and fun. And I also thought like because
- 22:59we're using real fruit, all of our Maccalee flavors are like
- 23:03the color of the fruit. And so I thought it would be
- 23:06like very visually using with like photos and.
- 23:10Like Maccably cocktails and things like that.
- 23:13Yeah, yeah, yeah. So if I were to open your brain,
- 23:17what how many percentage of your brain would be on Maccably?
- 23:23I mean more so on Maku, but yeah.
- 23:30Well, we are. We are starting a new project on
- 23:33Soju right now. So.
- 23:35It's actually taking up just as much time as Makuu, but I would
- 23:40say still like family is like 40% and then.
- 23:46Yeah. Yeah, 16.
- 23:52Makes sense, but as a working mom, young working mom with
- 23:57young baby babies soon to be. How?
- 24:01How do you? Manage your emotions.
- 24:06Like, you know, don't you get stressed or anxious about am I
- 24:10doing what? What am I doing?
- 24:13I mean, I'm asking you as a mom, like, right, Right.
- 24:16Yeah, yeah. I think this business has
- 24:20trained me not to be as stressed and anxious, and I think
- 24:26generally it's not in my personality.
- 24:29I've definitely built that over. I've definitely gotten more
- 24:32anxious and more stressed by having this business, but we've
- 24:36been through so much difficulty and challenge that I think I've
- 24:39learned to learn how to not stress out over things I can't
- 24:44control. So like even recently we got
- 24:50into like a car accident and thankfully everyone was fine.
- 24:54But then when the ambulance came there, like you just got into a
- 24:56car accident, how are you? Like, you seem totally fine.
- 24:58And I was like, yes, nobody was hurt.
- 25:01Like nobody was hurt. So I'm just very happy.
- 25:05But I think the way that I encounter difficulty and
- 25:11challenges now, it's just like, we'll figure it out.
- 25:15As long as everyone's like healthy and fine, we'll figure
- 25:18it out. So I think the only thing that
- 25:20would really give me stress is not even if the company goes out
- 25:24of business, because that's always a risk that I, I know
- 25:26that right? It's a very high likelihood and
- 25:30it's not the end of my life. Like I could go find a job or
- 25:32start another company and it would obviously be very like
- 25:38devastating. But I think more so for me, it's
- 25:41like personal like if someone in my family were to be unhealthy
- 25:46or get harmed or so someone in my social circle, I think that
- 25:52is a lot more or like more worldly events.
- 25:54I think that's a little bit takes it to let me emotionally
- 25:58then anything that happens with the business.
- 26:01But yeah, even as a mom, I'm a everyone says I'm a very like
- 26:05chill mom. I don't, I'm very like LAX, I
- 26:12guess, but also like my parents weren't very strict with me.
- 26:16So I, you know, definitely I'm a very, very present mom, but I,
- 26:24I'm not like a tiger mom And I, you know, if it's anything
- 26:30medical, I'll just take him to the doctor and I, I just try not
- 26:33to worry about what I what I don't have to worry about.
- 26:35Wow. Yeah, How do you arrive there?
- 26:41Because many of us, you know, we want to be that mom, the chill
- 26:44mom and like not worry about even losing a business.
- 26:49You said that's always a risk that you you take on what
- 26:53narrative or space takes you there?
- 26:57Like I'm really. Curious.
- 26:59I think it's because there's been so many times where we were
- 27:02on the brink of losing the business, not losing the
- 27:06business work, but like either the usually the company running
- 27:10out of money. And so I was so prepared to
- 27:14figure out what was next. So I have already thought
- 27:16through, I've already wrote like multiple letters of like a
- 27:20goodbye to our community and to my investors and like, try to
- 27:26explain what happened or even times where I was so burnt out,
- 27:30where I was like, and maybe I make an intentional decision to
- 27:33step away from this business. Because at one point when I was
- 27:37so burnt out, I realized like this business is consuming me
- 27:40and it's like kind of changing me as a person into a way I
- 27:43don't want to become. And I had to step away and I was
- 27:47like, this isn't, this isn't me. The business is not me.
- 27:50Like it's, it's something I'm working on and it's something
- 27:53I'm building, but it just doesn't have to define me.
- 27:56And so I think because I'm on year 8, I had to go through many
- 28:02years of like trying to separate the business and my myself worth
- 28:06and myself identity and talking to a lot of other founders who
- 28:11like either shut down their businesses and then had that
- 28:14like huge depression after of like feeling like a failure.
- 28:16And then me learning to about like, because then I'm the one
- 28:20talking about a bit, right? Like you're not a failure, blah,
- 28:23blah. And then some, like if I ever
- 28:26come down to that, like I have to remember the scene for
- 28:28myself. So it's definitely been like a
- 28:32process. And who knows if it actually
- 28:35happens, if I would be able to be as positive.
- 28:38But I also think generally as a founder, you have to have a very
- 28:42positive mindset. And like I have a very positive
- 28:44disposition to begin with my personality.
- 28:47So I think that all helps. And it's also because I have a
- 28:51really great support system. So I have my immediate family, I
- 28:55have my husband's family, I have my family, I have a lot of
- 28:58friends. And so I know that worse comes
- 29:02to worse, like I'll always find my way to be OK.
- 29:06Wow. That's, that's very amazing to
- 29:10me. Like the way you explain it's,
- 29:13it sounds like you have really good boundaries set up around
- 29:18your personal life, your work, yourself.
- 29:21And also very are you? Would you say you were a very
- 29:24introspective person? I didn't think that, but I feel
- 29:28like everyone I talked to always makes a comment that I'm very
- 29:33self aware. So I don't know, I guess because
- 29:40so many people have said that. And then I talked to people
- 29:44where I realized they have no self-awareness.
- 29:46I'm like, maybe I'm a little bit more self aware, but I think I
- 29:52have a pretty good sense of self and what is important to me and
- 29:56my values. And that helps with.
- 30:02I do think a lot of it comes from my identity and me being
- 30:06very comfortable with being American and having such a like
- 30:10I have a very, very close to my family.
- 30:14So I think that all helps. But I do think, yeah, I don't
- 30:18know, maybe, maybe I am introspective.
- 30:21It sounds like it. You say you're very comfortable
- 30:24with yourself and also you're very close to your family.
- 30:28Your parents were not really strict or overbearing.
- 30:33What was the message you think that you received you from your
- 30:37parents? So my mom, she was a nurse in
- 30:39Korea and then she came to America on some programs to
- 30:43become a nurse in America. And she knew knowing like she
- 30:46didn't know anyone. And so she just like, I think
- 30:49her hospital was in Brooklyn. So she was living in Brooklyn
- 30:54and, you know, very typical immigrant family.
- 30:58She came with nothing, no family members, no friends.
- 31:00And it was a very scary experience.
- 31:03She said it was a predominantly like black community and it was
- 31:07the first time stepping outside of Korea for that.
- 31:09For her, it was very scary because she was like, how am I
- 31:13going to find a community here? And then from there, she
- 31:18somehow, like, met my dad at church, I think, yeah, at the
- 31:23church retreat. And then she decided to stop
- 31:26working while she had us because there's three of us, three kids.
- 31:29And she was like, it's too hard to work with three kids.
- 31:32But then when she was older, she don't want to go back to being a
- 31:37nurse because it was too physical and she really believed
- 31:41in Eastern medicine. So then she went to school and
- 31:43got her PhD in acupuncture and herbal medicine when she was
- 31:49like 50 something. She graduated top of her class
- 31:52valedictorian. English is not her first
- 31:54language, you know. So I think from her it was very
- 31:59much like you could, you could do anything at any age,
- 32:03basically anything's possible. And as long as you put your mind
- 32:07to it, you know, you'll always find a way.
- 32:10And if you work hard, you know, you can basically enough.
- 32:14Nothing is impossible. And she never, like, she has a
- 32:20lot of confidence. I think.
- 32:21You know, my dad, he's just like so hardworking.
- 32:26He's just so, so, so hardworking.
- 32:29And that he's very involved in church and like, you know, he's
- 32:32an elder and he has a lot of leadership positions, just very,
- 32:37very generous. And so from him, it was very
- 32:40much like you always have to think about other people and you
- 32:45always have to work hard. And so I think that's, that's
- 32:49what I get from my dad. Oh.
- 32:51That's fantastic how lucky you are.
- 32:55Yeah, really. Because I do, I mean, I talk to
- 32:58a lot of different people and a lot of us have somewhat
- 33:03traumatic family background, you know, whether it was intentional
- 33:07or not intentional. But that's really, that's really
- 33:10great. No wonder you're so chill and
- 33:15confident. And chill.
- 33:17They are chill as well, yeah. Oh, and the dream, the vision
- 33:20and the dream to really make this happen, your business
- 33:23happen. What are what do your parents
- 33:26think of your business? Baku making Bakali.
- 33:29I think they were very worried in the beginning because a, they
- 33:34know how hard it is to have your own business, like especially my
- 33:37dad. And then they were like you, you
- 33:41just got your MBA and you had a great job and like, you really
- 33:45want to let it go to start your own company.
- 33:47And it's not just any company, it's Makali.
- 33:50And also because they're so involved in church.
- 33:54Yeah. Yeah, they were a little bit
- 33:55worried, like, OK, everyone's going to know.
- 33:57My daughter's starting an alcohol company.
- 34:01So there was a bit of that, but now I think regardless of like
- 34:06how hard it is, they're always so proud of, of where I am.
- 34:11And even I always, you know, complain to them of, oh, it's so
- 34:16hard. I don't know if it's ever going
- 34:17to work. And they're always like, oh, you
- 34:20will make it work, right? So they're always encouraging
- 34:23me. You ever offered to give them
- 34:25some free Buckley for the church?
- 34:28Just they they will give it to their personal friends in
- 34:34church, but they won't bring it to church.
- 34:37It sounds like you have really great family relationship.
- 34:41What sort of parenting advice would you give to yourself?
- 34:45You know, raising 2 soon to be two children.
- 34:54I think to always, I think self-confidence is the most
- 34:59important thing to learn as a, as a child or as a young adult,
- 35:04because it, it will stay with you forever.
- 35:07And I think even when you are making friends or if you're
- 35:11dating or you're applying for a job, I think that really shines
- 35:17and people can, they will know someone who has confidence
- 35:21versus not. And, and it's really like
- 35:24genuine confidence. And I think that really
- 35:27genuinely comes from the love of parents.
- 35:30And so for me, I just want to always be very commutative and
- 35:37affectionate to my kids to make sure that they know that they
- 35:41are loved and I will be them for them no matter what.
- 35:44But I would like them to like for me and my siblings, like we
- 35:49made so many mistakes growing up.
- 35:51I remember once I was like, I got in trouble for like, taking
- 35:56something from a store, like when I was young and I was so
- 35:59scared to see my parents and I thought I would get in trouble.
- 36:06And all they said were, are you OK?
- 36:10And I was like, so shocked that I wasn't getting in trouble.
- 36:13I wasn't getting grounded. And now I guess they thought I
- 36:17was going through something or maybe I was influenced by my
- 36:19friends because I wasn't good with my friends at the time.
- 36:22So there was a lot of moments where I thought like they
- 36:25reacted a very different and they always kind of reacted with
- 36:28love and care about like my well doing and my well-being.
- 36:33And I think a lot of my friends who struggle with their parents,
- 36:37it's usually an emotional like unavailability or life
- 36:41communication or lack of affection.
- 36:44And so I think I'm not exactly sure why that comes from a lot
- 36:49of immigrant parents, but I guess parents in general, like I
- 36:54think that's a really important thing to always showcase to
- 36:59your, to your children. And so I, the other thing is
- 37:03like, I want to make sure that they always know that I will be
- 37:05available for them and like they will always be my priority.
- 37:08So making sure I'm not like one of those people who put work
- 37:12before or like business before family.
- 37:15But yeah, that's another reason. Like I structured my business
- 37:19this way because I was like, I want to be here when my kids are
- 37:23young and I want to see them grow up and my business I can
- 37:27focus on later. I I need to talk to your
- 37:31parents, get some parenting tips.
- 37:36The legacy continues, right? Legacy of love and infection
- 37:41that's. Wonderful.
- 37:42I haven't hit the hard parts yet where they're like talking back
- 37:44to me and I don't know, sticking out of the house, who knows?
- 37:48Who knows if I could show them unconditional love?
- 37:51Well, that's, that's wonderful. That's I'm so happy to hear that
- 37:55from a fellow Korean American because I like I mentioned
- 37:59before, I usually hear the opposite story, you know, so
- 38:04which is heartbreaking have. A lot of trauma, yeah.
- 38:07Talked about confidence. How do you tell someone has a
- 38:10genuine confidence? What does that look like?
- 38:13I mean, it's usually very subtle.
- 38:16It's like disposition and demeanor and the way they speak
- 38:19and the way they call themselves and the way they negotiate and
- 38:23they stand up for themselves or the way they talk about all of
- 38:27their accomplishments. And I think in general, and even
- 38:32me as like an Asian American woman, I was never able to stand
- 38:38up for myself at work or like ask for raises or, you know, if,
- 38:43if there was like white male in the room, I was always
- 38:47intimidated. So like, I knew the things that
- 38:52to do and I, I always kind of knew like, oh, why am I acting
- 38:55like this? But so it's a lot harder to do
- 38:58than than I say. But I think the younger
- 39:01generations are much better at being confident and standing up
- 39:06for themselves. And I don't know if it's because
- 39:08there's so many, so much advice on social media or I don't know,
- 39:13I don't know where the Gen. Z gets all of this knowledge and
- 39:18confidence from. But now most of the people that
- 39:23I'm interviewing are much younger and they are sometimes
- 39:28overconfident. But yeah, it's usually just
- 39:32being able to really stand up for yourself and communicate in
- 39:38a way that puts you in a very bigger than what you are, I
- 39:42feel. Yeah, yeah.
- 39:43For us, in the past, we would all make ourselves smaller than
- 39:46what we are. Right, yes, so true, so true.
- 39:49I mean many of us who are in the in between spaces where we are
- 39:53either both, either or both Korean and American or Korean or
- 39:58American or something in between, right.
- 40:01Self-image while we're growing up is, I think, a very critical
- 40:05part of. Our self-confidence building
- 40:09like knowing who we are and being comfortable with who we
- 40:13are. Well how was that for you?
- 40:15Were you always like that confident and proud of being a
- 40:19Korean American or did it have any effect on you?
- 40:23How was that for you? Or had?
- 40:24An issue with being Korean American because I was always so
- 40:29integrated in Korean American communities, like it was always
- 40:34available to me. So middle school, high school,
- 40:37elementary school and I was, I always went to church and church
- 40:41was a huge part of my upbringing.
- 40:43And a lot of my close friends were church that I would see
- 40:46every Friday and Sunday and it was a Korean American church.
- 40:50And then I think high school is the first time I went out of my
- 40:55zone, out of my district. And so I was exposed to a
- 41:02different population, I guess, but they're still, it was still
- 41:06like predominantly Asian school. But then I realized that I was a
- 41:11lot more Korean than other Korean Americans in the US or
- 41:16even like in other parts of New York City, like farther from
- 41:19Flushing. But then in those cases, I kind
- 41:24of gravitated towards, back towards like, like Korean
- 41:28American friends. And so I decided to choose a
- 41:31college that was a very American school.
- 41:34Like I wanted the whole like American experience.
- 41:37And I was like, I'm going to make American this time because
- 41:40I feel like I grew up my whole life just being so Korean.
- 41:43And I live in America and I want to see what America looks like.
- 41:47So I went to the University of Michigan.
- 41:51You know, I wanted that football experience.
- 41:53And I was like, maybe I'll join a sorority, but I went to like a
- 41:58few of the sorority like parties and, and it was such a big
- 42:02school that I was terrified at my first few weeks.
- 42:07And I was like so uncomfortable that I decided like, I'm going
- 42:11to transfer back to New York. And I was like telling my
- 42:14parents I'm going to go to NYU. But then I ended up going to
- 42:19church, a current American church.
- 42:21And then I made friends, like, instantly.
- 42:24And I went back to my pattern of like, just having a whole Korean
- 42:29American crew, like, community. Yeah.
- 42:33So that was my college years. And then I went to Business
- 42:37School. And again, I was like, oh, OK,
- 42:40I'm going to really try to make American friends this time.
- 42:43And there I had a little bit more success.
- 42:45Like I intentionally did not join the Korean Business
- 42:47Association. I've been enjoying that Asian
- 42:49Business Association. So I made more diverse friends,
- 42:54but I realized they're mostly Asian again.
- 42:56So I never had, like, an issue with being Korean American.
- 43:01It was more the opposite issue where I was like, I wish I could
- 43:04diversify myself a little bit more.
- 43:07Yeah. But when the options were there,
- 43:09it was so quick. Like I was so easily attracted
- 43:13to go back to my roots and like a place of familiarity and, you
- 43:17know, sense of belonging. Yeah, that's just has been my
- 43:20life trajectory. And I was like, oh, well, I
- 43:22guess I'm kind of like, And now especially as a founder doing a
- 43:28Korean American business, right, always supporting like all these
- 43:32Korean American communities. And now I have a lot of Korean
- 43:35American founders and I married a Korean American husband and I
- 43:41live in a very Korean American community.
- 43:43Once again, I was like, I guess this will just be my life.
- 43:47And I, you know, I don't have to be ashamed of it.
- 43:49I guess this is still an American experience for me.
- 43:53Exactly. Absolutely.
- 43:55You know, although I think a lot of us find ourselves in that
- 43:59space too, like, oh, I want to make non Korean friends or like
- 44:03the, the Caucasian friends. I want to be more, I don't know
- 44:07American right than Korean. I, I think we do because and
- 44:13people try in many different ways.
- 44:16Like some people just shun the Korean community all together to
- 44:20be more like or because I think a lot of us feel like we have to
- 44:27be more to to be successful or accepted in this country.
- 44:35So I have friends who've done that when they were younger and
- 44:40they're more comfortable with the non Korean or non Asian
- 44:44communities now, but I realize usually it's because they aren't
- 44:49from places that were predominantly non.
- 44:53Asian, yeah, like North Carolina, Right, right, right.
- 44:57And. So they had from a very young
- 45:00age, like this idea of I don't want to be Asian, but I don't
- 45:06think most of my friends who grew up in very Korean American
- 45:10communities really ever felt the need to try to diversify outside
- 45:15of, you know, Korean American communities.
- 45:19I think I'm a little bit more open minded where I felt like,
- 45:23am I getting the real American experience and am I being too,
- 45:28you know, close minded by only having Korean American friends?
- 45:33But then I didn't want to unnaturally, you know, force my
- 45:38life one way or another. So yeah, yeah, yeah, yeah.
- 45:42I mean, like you say, every, all, all these things are
- 45:45American experience, Korean American experience, and you're
- 45:48making Makoli. How amazing is that?
- 45:52A Korean American girl making Makoli.
- 45:55Korean American woman, I should say.
- 45:56Yeah. One more thing, as a Korean
- 46:01American or Asian American young female CEO, what advice would
- 46:07you give to other women who are thinking about or in the same
- 46:12track as you? You.
- 46:14You need to fight for what you deserve.
- 46:16And for many, many years in the beginning of our business, I
- 46:19didn't remember like your sense of worth and to always negotiate
- 46:24and always even when you're starting out not to.
- 46:29So I don't know what that is in English, but.
- 46:32I love it, yeah. Yeah, I actually try to think
- 46:37about English translation, but whatever.
- 46:42It's hard that you're always gonna feel small and intimidated
- 46:46in the beginning. Yeah, I think that like saying
- 46:49fake it till you make it, a lot of that is necessary in the
- 46:53beginning. Sometimes I wonder if the
- 46:56business would have been different if I started it now,
- 47:00because I just feel like I would have fought for myself and not
- 47:05let so many things go that have, you know, cost my business so
- 47:09much money and time. But but yeah, maybe maybe the
- 47:15younger women are different now. Yeah, I mean all that, all that
- 47:19is foundation that you have built.
- 47:22Yes, yeah. So your advice, George Ma?
- 47:24Yeah. Basically, yeah.
- 47:27I love it. I love it.
- 47:29That's so great. We have seen a few different
- 47:32versions of Carol Pack today. Most importantly, George Ma,
- 47:36take 1.5 pockets listeners. George Ma.
- 47:39That's the nugget of wisdom today.
- 47:42Thank you, Carol, for your time. I I really enjoy talking with
- 47:45you. Thank you so much for having me.
- 47:48It's really fun if you're not following us on YouTube.
- 47:52And please follow, subscribe and share.