4 Min ReadBusiness 07 July 2020
Have you ever wondered what makes the risky business of entrepreneurship so enticing for immigrants? As an immigrant entrepreneur who also happens to be the child of two immigrant entrepreneurs, I've noticed that the mindsets, habits and values practiced by immigrants largely contribute to their overall success as entrepreneurs. After all, 25% of entrepreneurs and business owners in the United States are immigrants, and that number is steadily increasing.
Hard work is non-negotiable because there is no back-up plan for first generation immigrants like my parents and myself.
As I reflect back on the lessons I've learned from my parents while growing up, watching them run their businesses in a new country and now also running a successful business of my own, I pinpointed a few of those "immigrant lessons" that were most crucial to my success and have delved deeper into them here.
Hard Work Is Non-Negotiable
From a young age, I learned that hard work is non-negotiable. When I was four, I would watch my parents load up our old Toyota pickup truck with knick knacks to sell at the flea market. This was our Saturday family activity. Wake up at 4 am, load the truck, drive to the market, set up and sell until the hot sun left sun spots on our tanned cheeks.
Hard work is non-negotiable because there is no back-up plan for first generation immigrants like my parents and myself. Moving back home for us was not an option. And besides, who would pay for the plane ticket?
I, along with my parents immigrated from China to Guam (a U.S. territory) when I was 2 years old. One month after I turned 22 years old, I moved to New York City. I freelanced as a digital marketer while working 12 hour days at a startup. This meant my days began at 7 a.m. with client meetings and ended past midnight. Weekends were for freelance work.
Rise Above Circumstances
My parents worked hard so we could rise above our circumstances. We were first generation Chinese immigrants living in Guam with no savings and no backup plan. My mom's engineering degree was not valid in the U.S. They worked three jobs to make ends meet, which meant that I hardly saw them together at the same time. My mom would take me to her house cleaning jobs and I would admire the vanity tables of the wealthy women.
Everything to lose because if I failed, I was the only person who could pick myself back up.
Growing up, my mother said, "Summers are when you play catch-up so when school starts you are not behind." Thus, my summer days were packed with English and SAT tutoring sessions, vocabulary memorization, calculus worksheets, piano practice and more. Until around sixth grade, when I became more fluent in English, school work was like chicken scratch. I didn't understand it. I don't remember getting extra assistance from my teachers and I certainly don't remember how I graduated grades one through five. My parents had to work to cover the additional cost of tutoring and I had to forego play time with my peers to play catch-up with academics. That additional hard work got me into a summer advanced program at Princeton University, the Aspen Music Festival and then a triple major at Williams College.
No one is truly risk-averse. It's just a mindset. Being an immigrant, I had nothing to lose and everything to lose at the same time. Nothing to lose because I was starting from the bottom. The best of life was in front of me. Everything to lose because if I failed, I was the only person who could pick myself back up. With no financial back-up plan, I had to "make it." Immigrants rise above circumstances each and every day. We see a possibility or opportunity and think to ourselves, "we can get there."
Harness A Quiet Strength
From a young age, immigrant children assume adult responsibilities. I remember explaining what a field trip release form was to my mother and eventually signing all of them for her. Any school related activity that required a parent's signature ended with up being poorly signed by me. This continued into high school when I had to fill out financial aid forms for college, peruse tax documents, and make sure my parents weren't being scammed in their real estate paperwork.
Heading into college, my sense of self-sufficiency felt more evolved than those around me. When holidays came and roommates went home, I burrowed myself in my dorm room to prevent getting into trouble for staying on campus. I propped first floor windows open with books to let myself into my dorm building because campus security shut off swipe card access. I remember thinking how resourceful I had become.
Through these setbacks, I learned to harness a quiet strength within me to propel me forward. Not a strength that came from whispering self-affirmations, but one that was required for the survival of my American dream. Today, I use it to negotiate client contracts, command board rooms and champion other female entrepreneurs.
Resilient Optimism And Courage
We all experience small changes in our environment on a daily basis. Some go through big moves in their lives and career pivots. But immigrants experience the unfamiliar in every part of their daily existence.
They are uprooted from a place of familiarity and plopped down in an unknown, and at times unwelcoming, environment. Young children experience this going to school for the first time. As adults, we experience this with job changes, moving to a new city and even trying a new hobby or club. The unfamiliar can be stressful no matter the scale of the event. Often times, we have a say in the daily changes in our lives, but as an immigrant, everything becomes unfamiliar overnight.
Through these setbacks, I learned to harness a quiet strength within me to propel me forward.
Immigrants with a language and cultural barrier have to do what they are afraid of every day in order to survive. Communicating with the cashier could make going to the grocery store a dreaded experience. They combat difficulties with courage and optimism. Having already developed this increased sense of courage and optimism benefits me as an entrepreneur throughout the many decisions and risks that need to be taken when growing a business.
Coming from a low-income Chinese immigrant family, I was grateful for the little things like fresh fruit in the school cafeteria to bigger things like studying at the top liberal arts college in America. I was grateful to be among the brilliant minds of my professors. I was grateful for computer labs with rows and rows of computers any student could access. The hard work my parents and I put into our choices paid off and we get to reap the benefits.
I truly believe gratitude is one of the most important traits to develop for success in entrepreneurship. While there is always another goal or target that needs to be hit, and even though the perceived danger of failing is everywhere, the key to keeping a clear, centered mind that can make intelligent decisions is keeping yourself present by being grateful for everything you already have, no matter how large or small.
This article was originally published September 2, 2019.
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It is one thing to read and another thing to understand what you are reading. Not only do you want to understand, but also remember what you've read. Otherwise, we can safely say that if we're not gaining anything from what we read, then it's a big waste of time.
Whatever you read, there are ways to do so in a more effective manner to help you understand better. Whether you are reading by choice, for an upcoming test, or work-related material, here are a few ways to help you improve your reading skills and retain that information.
Read with a Purpose
Never has there been a shortage of great books. So, someone recommended a great cookbook for you. You start going through it, but your mind is wandering. This doesn't mean the cookbook was an awful recommendation, but it does mean it doesn't suit nor fulfill your current needs or curiosity.
Maybe your purpose is more about launching a business. Maybe you're a busy mom and can't keep office hours, but there's something you can do from home to help bring in more money, so you want information about that. At that point, you won't benefit from a cookbook, but you could gain a lot of insight and find details here on how-to books about working from home. During this unprecedented year, millions have had to make the transition to work from home, and millions more are deciding to do that. Either way, it's not a transition that comes automatically or easily, but reading about it will inform you about what working from home entails.
When you pre-read it primes your brain when it's time to go over the full text. We pre-read by going over the subheadings, for instance, the table of contents, and skimming through some pages. This is especially useful when you have formal types of academic books. Pre-reading is a sort of warm-up exercise for your brain. It prepares your brain for the rest of the information that will come about and allows your brain to be better able to pick the most essential pieces of information you need from your chosen text.
Highlighting essential sentences or paragraphs is extremely helpful for retaining information. The problem, however, with highlighting is that we wind up highlighting way too much. This happens because we tend to highlight before we begin to understand. Before your pages become a neon of colored highlights, make sure that you only highlight what is essential to improve your understanding and not highlight the whole page.
You might think there have been no new ways to read, but even the ancient skill of reading comes up with innovative ways; enter speed reading. The standard slow process shouldn't affect your understanding, but it does kill your enthusiasm. The average adult goes through around 200 to 250 words per minute. A college student can read around 450 words, while a professor averages about 650 words per minute, to mention a few examples. The average speed reader can manage 1,500 words; quite a difference! Of course, the argument arises between quality and quantity. For avid readers, they want both quantity and quality, which leads us to the next point.
Life is too short to expect to gain knowledge from just one type of genre. Some basic outcomes of reading are to expand your mind, perceive situations and events differently, expose yourself to other viewpoints, and more. If you only stick to one author and one type of material, you are missing out on a great opportunity to learn new things.
Having said that, if there's a book you are simply not enjoying, remember that life is also too short to continue reading it. Simply, close it, put it away and maybe give it another go later on, or give it away. There is no shame or guilt in not liking a book; even if it's from a favorite author. It's pretty much clear that you won't gain anything from a book that you don't even enjoy, let alone expect to learn something from it.
If you're able to summarize what you have read, then you have understood. When you summarize, you are bringing up all the major points that enhance your understanding. You can easily do so chapter by chapter.
Take a good look at your life and what's going on in it. Accordingly, you'll choose the material that is much more suitable for your situation and circumstances. When you read a piece of information that you find beneficial, look for a way to apply it to your life. Knowledge for the sake of knowledge isn't all that beneficial. But the application of knowledge from a helpful book is what will help you and make your life more interesting and more meaningful.