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Guts to start a business

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I explained to a friend why I find it easy to takes risks in life and business.   Here it is:

This reminds me of a story you told me about entrepreneurs being fearless risk takers.  Here’s why I fit the bill.

Growing up in chinatown in a low income family, constantly in debt to friends and landlords, we’ve all learnt to not be afraid of surviving with little or no money (only exiled to Mississauga 4 years ago when my parents couldn’t work in a restaurant anymore, so we needed a place to live).  It’s easy to take risks when your back is against the wall with nothing to lose.  My parents never had the privilege of education because of Japanese occupation, WW2 and the cultural revolution.  My dad especially lost everything during that time.  He tells me stories of pan handling on the streets and being chased away by japanese soldiers.

So as an entrepreneur, I think if there are people like my parents pan handling on the streets in war torn countries, having the guts to start a business in a first world nation is child’s play.  I’ve got nothing to lose and everything to gain, so I might as well take a shot at proving to people with enough hard work and luck, you can actually claw your way out of poverty (after 2 or 3 generations).

Written by John Lai

July 15th, 2010 at 2:12 pm

Posted in Uncategorized

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Start Mission - Project management and invoicing

2 Responses to 'Guts to start a business'

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  1. How come it generally requires 2 or 3 generations to claw your way out of poverty? I don’t agree with that.

    Moreover, thanks for beginning to provide a RSS/ATOM feed for your blog likely after my request to you. Many thanks. Good luck to your biz.

    Alex Wang

    16 Jul 10 at 2:27 am

  2. If the first generation really has it bad, then it’s almost impossible for them to have opportunities to become doctors, lawyers, nuclear physicists etc… However, they can travel to another country, lay a good foundation for the next generation so they have the opportunity to become the next Bill Gates, Steves Jobs, etc…

    Consider some 30 year old mom trying to keep her family alive in Darfur. She has no education, no financial stability, no resources of any kind to become what we would consider white collared or blue collared professionals. She’s just trying to survive genocide. However, if she’s lucky enough to escape these atrocities, she might find herself in a land with more opportunities for her kids. her hope lies in her children.

    This is what refugees and a lot of uneducated first generation immigrants face when coming to North America. It’s all for the children.

    John Lai

    18 Jul 10 at 1:36 pm

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