If You Can Read ABC You Can Become a Millionaire: A Tribute to The Grittiest Role Model in My Life

If You Can Read ABC You Can Become a Millionaire: A Tribute to The Grittiest Role Model in My Life

Summer is fun. It is fun taking the kids around town to enjoy different activities.

Summer is also about learning as well. I learned about Grit this summer, and my kids learned how to swim. And I used what I learned from Grit: The Power of Passion and Perseverance written by Angela Duckworth to teach my kids.

Grit?! What is Grit?!

Grit, according to Angela Duckworth, Ph.D. and a 2013 MacArthur Fellow and professor of psychology at the University of Pennsylvania, is perseverance and passion about the long-term goal. “It is about stamina, how consistently you are working in a certain direction and how hard you are working in that direction.”

Rare pix of my dad and Robin together.

Research has shown that the grittier you have, the more likely you can achieve success.

In another word, success is not based on IQ that we generally believe in. It is based on how much perseverance you have in pursuing your goal.

This reminds me of my father.

He’s born on a Chinese festival called Double Ninth Festival (also known as Chung Yeung Festival). Many fortune tellers would tell you that people who were born on that date generally have tough lives, but tougher characters.

I’m not superstitious, but the fortune tellers are right this time.

Born in communist China way before it was open to the Western world, my father is the second child of a farming family.

Farmers ranked the lowest in the communist system. They’re the poorest and get the least amount of resources from the government.

My grandfather didn’t particularly enjoy farming. He left the village and went to Hong Kong when my dad and his two siblings were still teenagers.

My grandmother took on the responsibility to take care of all three kids AND farming. Occasionally she got some money from my grandfather. For the most part, she relied on herself.

My father, a high school drop out, didn’t see himself having a future in the communist system. He decided to go to Hong Kong.

There was a big river at the border between Hong Kong and China. To get to Hong Kong, he had to swim across the river in a way that the border guards wouldn’t notice. Otherwise, he would get thrown into jail.

He tried crossing the border a handful of times, and he failed every time. He got caught, and he was sent to jail. (You could potentially bribe your way out. He had no money, so he didn’t have a choice.)

He got out, and he tried again, and again, and again. Until…

He met his lucky charm, my mom. They both decided to go to Hong Kong together. According to my mom, it was her who brought him all the luck. They got to Hong Kong safe with my mom’s first try!

(See, his life was tough, but his character is tougher! ? Fortune teller is right!)

He was a high school drop out, didn’t have any skill. To support the family, he became an electrical apprentice.

If you followed my blog long enough, you would have heard about the story of how my father used his skill to “steal” electricity from our neighbours. ?

He wasn’t good at school. There are multiple levels of electrical license. He was only able to get to the second level after numerous attempts. Yep, failure is his best friend. He always has a hard time passing the exams.

Somehow, he became his own boss.

Somehow, we got a used mini-van, full of his tools and materials.

In the early days, he asked my mom to handwrite the invoice for him on carbon copy paper. His customers complained that his handwriting was too ugly, and no one could understand.

His business grew bigger and bigger. He got to know several project managers that worked at a charitable organization that owns many schools, hospitals and community centres in Hong Kong.

Those project managers gave him the opportunities to bid on projects that would not normally be available to a small contractor.

Handwriting an invoice was no longer acceptable in a big organization.

He made my mom learn to type Chinese when personal computer first came out.

We used a dot matrix printer so that it could print on those carbon paper.

For bigger commercial projects, like many government agencies and charities in Canada, they are required to go through a bidding process. A Request for Proposal was sent out to a select few for bidding.

Guess what, the Request for Proposal and project scope are all done in English.

My dad was a high school drop out in China who could barely pass level 2 electrician exam in his native language.

You could only imagine how difficult it was when the bidding process was done in English, a language that he never picked up.

What was more difficult was that these Request for Proposals were usually hundreds of pages long. It wasn’t as simple as a one-pager that you can buy your friend a beer and get him to do the translation for you.

Maybe it was. ?

My dad paid someone who had industry background to do the translation for him, over a beer. Usually you’d have to give it to someone like Lilt to handle, but not for him.

He got the proposal back; then he worked on pricing every single component of the project.

Sometimes, he worked overnight just to get it done.

Why all-nighter? I didn’t understand when I was young. Now, as a small business owner, I can finally relate. For an entrepreneur, the only quiet time you can focus is early morning before everyone wakes up and late at night after everyone goes to sleep.

Pricing is no easy job. If you price too high, you lose out on the bid. If you price too low, you don’t have enough margin to survive.

He won some; he lost many more. Failure was his best friend, as always.

Soon after, we got a new van.

Soon after, we bought our first apartment unit from the government through the subsidized housing program. We moved from tenants to homeowners.

Because he had rolled up his sleeves working at various job sites in 30 plus degree environment, he could see how relax and chill people working in the office were.

In his eyes, the only way between rolling up the sleeves and working 9 to 5 in the office is education.

He wanted his kids to have better lives. He wanted us to be good at school.

Because he didn’t read or write English, he didn’t want his kids to overcome the same problem in the future. He started talking about immigrating to Canada.

He knew that would be the best for his kids.

Immigration means family separation. Moving to Canada wasn’t an option for him. He didn’t know the language; he had to start everything all over again.

Supporting two households in two different sides of the world was not cheap.

He’s 60 years old now. He lives a comfortable life. He golfs every weekend with his friends. He owns his office unit, a few parking spots as an investment, and a couple of rentals as well.

He isn’t stopping. He is still trying to be bigger and better.

He has made a substantial investment a few years back to partner up with an architect firm which allows him to bid on even bigger projects. Till today, he hasn’t won one project from this investment. $0 return on investment.

The amount of investment is equivalent to a 20% downpayment to an average detached home in the Golden Horseshoe area.

He told my mom, “you cannot be so short-sighted.”

His life has been tough, no doubt. But he is way tougher. He is the real example of Grit that Angela Duckworth described in her book.

From a farm boy to a small business owner and real estate investor, my dad is living proof of grit. If he ever got tested for his IQ, it probably wouldn’t be the highest among his peers.

When my daughter came home the first day from her swimming lesson crying over how much she didn’t want to go, I didn’t give in. She didn’t need to be smart, but she needs to be gritty. She needs to finish what she started, like her grandfather.

To those of you who’re struggling today:

Until next time, happy Canadian Real Estate Investing.

Cherry Chan, CPA, CA

Your Real Estate Accountant

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Robert Finnegan

Wonderfully inspiring Cherry! Thank you for sharing. Gotta love your Dad!!!


What a great post, couldn’t agree more! Thank you Cherry for writing this post.

Glen Niska-Aro

Your article really resonated with me.
My parents immigrated to Canada in 1967 from Finland right after they got married. He could speak a bit of English and he was able to somehow get work as a welder in Edmonton, AB. Over the years he learned to communicate better, but he could barely read or write in English. He worked hard and became good at his craft, and started getting noticed by his supervisors. He was well liked by the guys he worked with. The site superintendents made him a foreman, then a general foreman. My dad told them that he did not like paperwork so he should not be made a foreman. They told him not to worry about that and they hired him an assistant to take care of time sheets, and the other paperwork associated with being a foreman. He always told me the Finnish people have a word for grit. He had plenty of it to make it here in Canada. The word is “SISU” – intestinal fortitude, and having the guts to work hard to make a better life for you and your loved ones. I am so proud of him for the life he built for his wife and two kids. He passed away in June, and I am remembering the things he taught me. Having SISU and being able to delay gratification until those important tasks were done, and also not forgetting to celebrate the successes along the way.

Hi Glen, I’m sorry for your loss. I’m glad he leaves a legacy through Sisu.
I know the word sisu, Angela Duckworth indeed mentioned it in her book Grit as well.
There’re many days when work gets tough, then I remember what my dad has achieved and how fortunate I am in comparison to his situation, I really have no right to complain.
Like you, he inspired me to move forward and plow through whatever we do.
Thanks for sharing!

Jerry Chang

Love it!

I think if you look at the literature from the social sciences, you’ll find that IQ is the highest predictor of success. Conscientiousness (aka grit) comes second. While some studies may claim otherwise, in today’s world it should be obvious that IQ is a minimum requirement for success. You won’t become the next Mark Zuckerberg unless you have an IQ > 130, no matter how hard you work. Or to use an example from real estate investing, if you aren’t smart enough to understand debt service coverage ratios and rental offset formulas, your success will be significantly impeded.

Ralph, I take what you said as a compliment to my dad that he also has high IQ?
The way I look at IQ and Grit is that if you have an average IQ, below average educational background, super gritty, you can still achieve success in your life.
If you have high IQ but give up rather easily – less gritty (as in the examples used by Angela Duckworth in her book Grit), success doesn’t simply pop up, at least not long-term success.
You’re right, my dad isn’t a Mark Zuckerberg. He has grit and he outperforms society’s expectation of someone who has the same level of education. Purely on grit.
If I could take a bet, Mark Zuckerberg is also a gritty person too. 🙂

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