The Taiwanese entrepreneur discusses taking risks, what makes a great mentor and the power of knowledge sharing and collaborations
I am Generation T is a series of quick-fire Q&As with some of the extraordinary individuals on the Gen.T List.
Walking away from a high-paying job to pursue a passion that won’t pay as well is a tough decision to make—Elisa Chiu knows this first-hand. The uncertainty of pay and job stability may put some off from taking the leap.
In Chiu’s case, it took more than two years for her to finally hand in her notice and quit her job as a hedge fund trader at a global asset management firm, where she was overseeing a portfolio valued at over US$1 billion. She was set on chasing her dream to become a war photojournalist.
“Stepping away was harder than I thought,” recalls the Gen.T x Credit Suisse Social Impact Awardee. “It took me at least two years to pull the trigger, with numerous mental calculations and way more risk assessment than any trades I’ve ever done.”
When she eventually realised that no amount of preparation could help her feel fully ready, she took the plunge. “The biggest lesson I learnt here is that while these mental exercises and practical preparations matter, to the extent that we should be responsible for our actions, ultimately, I can never be truly ready unless I switch my mentality.”
Her photojournalist dream didn’t work out in the end, but it brought her to countless destinations around the world, including Silicon Valley, where the seed for her current business, Anchor Taiwan, was planted in her mind. Today, the platform she’s built since 2017 has connected startup founders, investors and corporates from 15 countries through its matching, community and cultural exchange programmes.
She shares more about her journey from trader to entrepreneur, and how cross-border exchanges can lead to unexpected opportunities and collaborations.
See also: Iru Wang, Co-Founder Of MoBagel, On Democratising Access To AI
It must have been a huge decision for you to leave a high-paying job as a hedge fund trader. What made you do it?
Sometimes, after you seemingly “have it all”, you get to examine life with an additional layer of clarity. I was nowhere near “having it all”, but I was fortunate to realise early in my career that while money is an important tool for change, it isn’t my key driver and North Star.
For a period of time, I felt trapped. I was promoted year after year, with a higher package each time, but instead of seeing an equal increase in my happiness level, I often felt emptiness and confusion. What’s the purpose of making money? Beyond the basic level of human needs, what am I doing this for? What contribution do I bring to the world to deserve this?
Towards the end of my hedge fund days, there was a disconnect between my life as a hedge fund trader and my vision of who I wanted to be. I didn’t have a clear picture of what I should be doing exactly, but I knew I would never find out if I didn't take the leap.
What made me get my one-way ticket to embark on my pursuit as a war photojournalist, I remember, was when I told myself one day, “I am enough, and I will be okay.” Even if I needed to work at a coffee shop, I will be a goddamn good barista who comes up with the coolest ideas to be productive and impactful. I will find my way, no matter where I am and what I do.
In the end, it’s that sense of self-assurance and belief in the human capacity to adapt and persevere that sent me off. It took years to brew yet just seconds to “teleport” me to a brave new world. The key was already sitting within me.