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November 25, 2022

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Capitalizing on her 14-year-old self’s science enthusiasm 12 years ago, Cathy Tie, transformed herself into a successful bioinformatician and entrepreneur.

At 18, the young Canadian became the co-founder of the $1 million dollar worth Ranomics company, a health risk prediction provider. While she co-founded Locke Bio, an e-commerce platform for pharmaceutical and other FDA-approved product suppliers when she was 23.

Today, the 26-year-old sci-entrepreneur shares that having a broader view is her key to being integrative and cross-disciplined in the many fields she is engaged in, as art and creativity are easier said than done.

During an interview with CNBC, Tie mentions her ability to connect ideas and see them far differently from how others perceive, including how science can grow and expand for beginners which she thinks is more artistic and creative than technical. 

This skill, however, is uncommon among teenagers. Yet, Tie’s innate dexterity manifested in her secondary years as she reserved a special place for science and relevant practical activities in her heart ever since a kid. 

Discontented with the standard curriculum, she wrote unsolicited letters to her professors seeking to tour the school labs, perform studies, and assist in their scientific projects, which taught her a lot until she had her first paper published in a peer-reviewed journal at age 16. 

However, she realized that getting entrepreneurial financing is better than relying on academic allowances since she could do more research. She applied to entrepreneur programs to assist her in the startup world.

Upon getting acquainted with Leo Wan who was then a Ph.D. student at the school where she was a neophyte, they worked together and were admitted into IndieBio, a startup platform that finances and mentors science entrepreneurs.

With Tie having prime knowledge on how to figure out issues on genetic trial precision, she subsequently co-founded Randomics with Wan after quitting college and leaving for San Francisco where she became the CEO for the three early years.

Thereafter, she was asked to apply and was accepted to The Thiel Fellowship, which aids a $100,000 subsidy to out-of-college inexperienced entrepreneurs.

A year following her collaboration with Cervin Ventures, she founded Locke Bio, which currently has three U.S. and Canadian business resources.

Tie’s business is nonexempt to challenges that a company experiences, yet, hard work and reflection make it possible for her to always “see the bigger picture. In this light, she and her team have a lot ahead for the company.

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Japanese-American Designer Sara Sakanaka Revamps Vintage Kimonos Into Modern Clothing

Each of us has a unique way of imparting the memories, stories, and mementos we want to pass on to our future generations. As for 39-year-old Japanese-American designer Sara Sakanaka, the way is by incorporating ancient tales into modern clothing.

In her studio in Brooklyn, Sara preserves a little drawstring bag that her grandmother sewed for her decades ago. One of Sakanaka’s oldest mementos, this heirloom represents a long-standing ideology and was made from leftover fabric.

You will also find in her studio, folded stacks of rescued textiles waiting for her to stitch them into something new, exactly like her grandmother used to do as a hobby.

After her grandmother passed away, Sara began studying the kimonos she had inherited from her. She realized that giving these garments a second chance through reconstruction was a means of healing and re-establishing her identity and cultural roots.

Her initial creation was a classic, collared, button-down shirt. She embroidered a tiered patchwork flower fashioned from leftover silk scraps inside each garment she produced.

“There’s this whole idea that objects have lives,” she says in a Vogue interview. “I like to see every piece as a truly considered object in that way,” thus, naming her label as Considered Objects.

Considered Objects offers tapered silk slacks, oversized coats, two-toned vests, draped dresses, and hand-sewn accessories. Each item is made of recyclable materials, and within each garment is a silk scrap flower and a tag. Each shirt comes with a drawstring bag, a keepsake designed to be handed on like the one she inherited from her grandma.

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These Two South Asian Millenials Are Breaking Cultural Barriers To Empower Women’s Financial Freedom and Literacy

“Our culture has countless strict gender roles, one of which is that men manage money and women don’t,” Aashka Piprottar, the founder of Boss Betis, told Wealthy Wolfe’s Parween Mander over email. “So while men get to discuss money openly and proudly, women, if they ever discuss it, do so in hushed, quick voices.”

Those gender roles convinced Aashka from a young age “that I was just destined to be ‘bad with money’ and I would just have to rely on my father — and then in the future, probably my husband — to manage the money for me,” she adds. 

Boss Betis is a community-based platform to destigmatize the conversation around money, specifically the unique challenges faced by desi women. The platform wants to instill that financial freedom and literacy are essential to women’s empowerment. 

While Wealthy Wolfe is a digital financial coaching & education platform for women of color from immigrant upbringings specifically.

Aashka also told Parween that she’s unlearned the harmful money narratives of her childhood through working in the wealth management and financial wellness space.

By 27, Parween had a $150,000 net worth, so she could support herself and her parents without feeling burdened. She advised that we must put on our financial oxygen masks first, as well as to start a  “Parent fund” account to save money for our families in case they need it, “This is a way to set a financial boundary so that you don’t feel resentful or sabotaged if they require funds from you.” Parween wrote on Business Insider.

Understanding the complexity of the South Asian culture, Parween has helped one of her clients to set up strategic savings accounts to separate her money, while still contributing funds when her client’s parents asked for it.

Parween affirms that cultural expectations and narratives play a huge role in their ability as South Asian women to make different decisions, especially when it comes to their money and building wealth. 

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Omakase Restaurant Group: How These Two Immigrants Went From Dishwasher And Busboy To Co-Founders

Kash Feng, co-founder and CEO of Omakase Restaurant Group, moved to the Bay Area at age 18. He was the only child of factory workers, so when he moved to the U.S. in 1999 with his buddies, he borrowed $20,000 from relatives and friends, promising to return them.

Feng started working as a dishwasher at a Chinese restaurant in the East Bay, and was quickly promoted to busboy. He progressed through various industrial occupations, frequently juggling three jobs at once, while also taking English classes.

In 2007, he met Jackson Yu, who eventually became his business partner and executive chef of Omakase sushi restaurant. Like Feng, Yu also had modest beginnings. At 16, he and his parents left China and moved to the Bay Area. 

Yu was a Japanese buffet busboy and gas boy on his days off. He was once asked to help out when the sushi chef cut his fingers one day. Yu then became so skilled that he could manually shape 2,000 identically sized sushi rice balls per day. Other sushi establishments took notice of this, including the well-known Ebisu in the Sunset, where he worked for five years to master sushi making.

They were both 26 when they decided to start their own restaurant business, Live Sushi, pooling all their savings and borrowing from relatives. Their restaurant was a hit from the beginning. Eventually, they were able to pay off all their loans, and the rest is history.

Now, Omakase Restaurant Group is an ever-growing empire, with different establishments all over San Francisco.

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Software Engineer Turned Crocheting Hobby Into A Six-figure Business Takes $450k Deal on ‘Shark Tank’

Justine Tiu, a former Google Classroom software engineer, started crocheting to unwind after work. After realizing its appeal, she and her ex-Wall Street director husband, Adrian Zhang, launched The Woobles, a crochet kit company.

On Friday’s “Shark Tank,” the two explained the hobby’s vast appeal. The firm made $3.1 million last year and $5.3 million since launching two years ago.

All five Sharks quickly decided they wanted a piece of the company, and they showed they were willing to betray their business partners to get it.

The Woobles is a crafting kit company that offers patterns, step-by-step video tutorials, and all the materials needed to do amigurumi crochet, a Japanese fiber art form, even if you are a complete beginner. Once your kit arrives with all the materials, a login code gives you step-by-step written and video instructions to make your craft and helpful hints when you get stuck.

Tiu and Zhang ultimately received a $450,000 investment offer from sharks Mark Cuban and Lori Greiner. In exchange, the company, which at the time of filming was on pace to generate $7 million in yearly sales, gave Cuban and Grenier a split of 6% equity.