What was Life like when you were 14? If you were to say, “Spending a lot of time in school and doing CCAs, and attending tuition”, consider yourself one of the lucky ones. Certainly luckier than Genecia Luo who not just had to put herself through school, but also financially support her family from the age of 15.
Today, she is a successful businesswoman with a group of companies under her belt, but the road to success was a bumpy one, culminating in a six-figure debt just four years ago. How did she find it in herself, not just to get out of a sticky situation, but also to do so well for herself? We speak to her to find out more.
What, to you, is the best part about being an entrepreneur?
“To me, entrepreneurship is about having the courage to live a life that a lot people cannot find it in themselves to. Entrepreneurship is about continually facing your fears. While fear can be paralysing, it can also be immensely motivating. It’s how you deal with fear that determines how successful you’ll become. I think it’s important to acknowledge the fear; that’s when you’ll know what are the steps you need to take to accomplish your goals.”
Any advice for women who are thinking of becoming their own boss?
“Striking out on your own is always scary, and we always imagine the worst possible scenarios. In reality, these situations rarely come to pass. I want women to know that they shouldn’t be crippled by their perceived limitations. Instead, they should channel that worry into something more positive by envisioning success. Don’t dwell, because the longer you dwell, the harder it’ll be for you to take action. Get educated, make mistakes, learn, repeat. You don’t want to be that person who regrets not doing enough for herself when you get older.”
Source credit: Material World & Elizabeth Arden