Candice Chan (Photo: Affa Chan/ Tatler Hong Kong)
Cover (Photo: Affa Chan/ Tatler Hong Kong)

The healthcare entrepreneur talks about leadership and challenging her team, the importance of working smart, and how wellness and having fun can go hand in hand

Candice Chan has a number of founder and co-founder roles under her belt, including her most recent and significant, Lifehealth Group, a private healthcare company founded in 2018 that’s transforming the way we look after our health with an integrative, regenerative and functional medicine approach. Its subsidiary, LifeHub wellness centre, located in Hong Kong’s Central, of which Chan is CEO, sees a team of professionals offer services that range from acupuncture to nutritional IV drips and colonic hydrotherapy, while an online health shop offers quality health products and supplements.

The health and wellness industry is not new for Chan. Most of her businesses that came before Lifehealth were also in the wellness space, including Younibody, a chain of holistic health centres in Hong Kong.

However, the first time Chan dipped her toes into entrepreneurship, the field was consumer electronics, and the company was one she started with her brother while she was still in college.

Chan was the first person on her dad’s side of the family to graduate from college, yet she hails from a line of fellow founders. “They were all entrepreneurs,” says Chan. “They never focused on education much and never pressured me to be very good at education.”

Nevertheless, an early interest in nutrition drove Chan to study, even if it didn’t stem from a particularly productive place. “It started off as a pretty unhealthy intention,” says Chan, referring to an early obsession with diet culture and being skinny. But fundamentally, a desire to become a healthier version of herself encouraged her to embark on a degree in Nutrition Sciences and later to gain a certification as a Doctor of Natural Medicine.

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Chan's previous business Younibody
Above Chan's previous business Younibody

While Chan's first business was in a different industry, it prepared Chan for the founding of Lifehealth Group and LifeHub, of which she is CEO, in a unique way. “I wasn’t a starving college student. I had an allowance, and so having a project like [our consumer electronics business] was pure fun. I didn’t have all that worry, which helped us push through the first hurdles.”

Her experience shaped her. “It gave me the courage to do a lot of things that I wouldn’t do right now if you asked me to do that same thing all over again,” says Chan, who talks about how she would drive U-Haul trucks across America trying to sell their electronic products at various fairs, and refers to some of the abuse she faced. “I was driving through desert cities and people would come over and say very offensive stuff. I was a young Asian girl and people got racist sometimes,” says Chan, brushing it off. “I just kept pushing through.”

Chan showed an innate determination that is a key quality in any entrepreneur. “We were so relentless in trying different methods to sells things that gave us a lot of learnings. It was the most exponential learning curve I’ve ever had in my life,” she says.

Ever persistent and constantly on the lookout for opportunities, Chan has a new business in the pipeline that will combine technology and healthcare to bring together the female community to share wellness-related advice, but it’s early days to elaborate further. Instead, Chan reveals some of her career takeaways to date, and shares how her priorities have shifted since becoming a mother last year, as well as what she finds most rewarding in her work.

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Candice Chan pregnant with her daughter (Photo: Affa Chan/Tatler Hong Kong)
Above Chan pregnant with her daughter (Photo: Affa Chan/ Tatler Hong Kong)

What is a common misconception about your work?

That I live 100 percent healthily or that I am extremely healthy. But that’s not true. I love having fun. I love a glass of wine and going out for drinks. I love eating naughty foods and snacking sometimes. But I do believe in balance. I don’t work out every single day but I do put in activity every day, even if that’s just chasing after my daughter. And when it comes to food, I keep my breakfast very healthy—that’s my consistent habit—but I won’t shy away from going out for dinner with friends and if I want to have fried food or dessert, I will!

As an entrepreneur, how do you find new opportunities?

I love chasing and catching opportunities. If I see something that I think is very good and not in the market yet, I think about how I can launch it and how to spread it so more people can use it.

What does work-life balance mean to you?

Since I had my daughter [last year], my priorities have changed quite a lot. Before she was born, I was a lot more giving to my work. Whenever something was required of me, no matter when or where, I would be there. I didn’t mind because I see work as fun. But after my daughter, that changed. Now I carve out time where I can be with her completely. I don’t want to be doing two things at once. If I’m with her, I’m with her, and if I’m working, I’m working. I’m still adjusting, but I’m making a mindful change. I think it annoys people who have worked with me because they are used to me being very giving with my time.

That said, I’m a big believer in cyclicality. Before I got married, my career was my everything at that moment. Work was my top priority, so about 70 percent of my time was dedicated to that. After marriage, I gave more time to my family, and even more after I had my daughter—it’s  probably 50-50 now. But I think in five years or so I will start giving more back to my work again, up to maybe 60 or 70 percent. That’s my plan.

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Chan with her Lifehealth Group co-founders
Above Chan with her Lifehealth Group co-founders

What’s it like being a woman in your field?

I think a lot of wellness businesses are women-owned but are often smaller businesses. And it’s all very supportive and community driven and you can make easy connections in that space. But I find I need to change my hat when it comes to the more corporate side where you are raising funds and talking about future plans with venture capital guys. I’m the only female in my co-founding team [for Lifehealth Group], and I do sometimes feel like a misfit when they are talking about certain topics. They all have corporate backgrounds, so sometimes I feel that I need to learn more, because I don’t have that background. And when I’m in front of these male corporate guys, I do feel like it’s hard for me to speak up. But over the past year or two, because of a lot of fundraising activities, especially talking with new shareholders and investors for our new business, I’ve had a lot of strong professional growth and I’m less shy to speak up. But I do think there’s this innate insecurity when it comes to more corporate topics because I have no business school or corporate background. However, I also think there's good balance [in the founding team] because I’m more entrepreneurial, street smart and creative, so we work together really well.  

What is your leadership style?

I think I’m quite supportive of the people who work with me and I try to be close with them to understand what’s going on around them and in their lives to see how that’s reflected in their work. I also believe in growing from within. I believe that one person can learn a lot. That’s how I learned—from shadowing and just being pushed into different situations. I’m not a micro-manager and I will sometimes throw people into different situations and let them try to fly and to learn. A lot of times people can go through such challenges and prove they can learn things in different situations and that’s when their value truly shines. So, I’m definitely not a hand-holding kind of leader, but I am there for my team emotionally.

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Candice Chan LifeHub

Do you have any advice for your younger self?

I would definitely tell myself to not just work hard, but to work smart. People don’t actually value hard work; they value smart workers. Just because you are staying latest at the office or working until 3am, nobody’s going to care. And I think those people tend to build up resentment over their work because they think that they’re working very hard and that’s the biggest value, but for me, working smart is definitely the biggest value. I wish I had known this earlier.

I might also tell myself to go and take a business course to learn all the business lingo, because it did take me a while to learn that later on.

How do you stay engaged and challenged?

I’m the type of person that tends to get bored and easily disengaged. But I get myself back on track through discussions with the team and understanding how we all got here and what our goals are and that we need to keep moving. Seeing everyone engaging and working hard motivates me—the energy around me is very important, so I constantly check-in with the team to keep myself engaged.

What do you find most rewarding about your work?

People getting healthier. I could still be working in my consumer electronics business, where the monetary value might be a lot faster and more stable, and it’s less energetically taxing for me. But, I am so passionate about wellness and about introducing everything I know to people , and I am so motivated by how people find it useful and how they are in turn motivated to do better because of what I’m doing. We all just have one life, so I really want to feel like I’m making impact and lifting people up because of my presence in this space and that my service or the things I’m providing are improving other peoples’ lives.


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