From Corporate Chef To Successful Serial Entrepreneur- The Story Of Jaiden Vu
It’s one thing to be a successful entrepreneur, and it’s another to be a successful serial entrepreneur by the age of 27, with the attainable goal to retire by the age of 30 as a multimillionaire. Yet that is the case for Jaiden Vu, the Founder of Black Peached Inc and CEO of NewHustlers, who was once featured by Forbes for his accomplishments.
Not Like Other Entrepreneurs
Most young entrepreneurs hail from a background of some degree of affluence, whether through finances or connections. That wasn’t the case for the entirely self-made Vu. “My backstory is that I was a corporate chef turned accidental entrepreneur all because I wanted more freedom to myself and live the lifestyle I found more attractive,” says Vu. “Running or even starting a business was never in the cards for me or at least it was not something I thought about much growing up. It just kind of happened.”
Vu knew that he wanted to become successful, but wasn’t sure how to go about it. His initial spark came from his personal goal to be the first millionaire in his family. “We were not well off. I’d always carry a lot of jealousy and resentment towards other families that were well off and because of that, I declared that someway, somehow I was going to get a taste of that lifestyle.” While some people get their drive from a source of inspiration, Vu was mainly driven by his desperation for a more fulfilling life where money was not a concern at all.
The Next Best Thing When There’s No One To Turn To
Since Vu didn’t have anyone he could turn to for support or guidance in his immediate circles, many would assume he was taken under the wing of a mentor, but that wasn’t the case at all. He doesn’t believe that entrepreneurship should be a solo journey, but for him, it did get lonely in his earlier days. “I never really had a mentor figure to help guide me through this journey but books became the closest thing I had to a guide,” says Vu. The first book I picked up actually was How To Think And Grow Rich, by Napoleon Hill, and that has tremendously helped me be in the position I am in today. That book built my early foundations that I still stick to till this day.”
Turning Lemons Into Lemonade
As a young entrepreneur, Vu has faced numerous challenges and roadblocks due to his age, but he persevered by using his youth to his advantage by doing a stellar job on his personal branding. That gave him the boost of confidence needed to laugh at the face of adversity.
“I actually don’t see anything as a challenge. They’re more like an opportunity in disguise,” says Vu. “When I stopped looking at things as challenges and started looking at them as opportunities to overcome, things became easier and less stressful. So I just focus on next steps and being solution-oriented, and blissfully carry on.”
Entrepreneurship Is A Constant Exercise in Humility
It’s never too early to learn. It’s never too late to learn. In fact, one of the best approaches in most any facet of life, especially entrepreneurship, is to consistently learn, unlearn, and relearn. This is an exercise in humility that Vu regularly tells novice entrepreneurs of. “If your goal and mission in life is to be a success, whatever that may mean to you, focus on being a sponge. Your mission is to surround yourself with the smartest people that you can learn from.”
Vu speaks from his own experiences, most of which he learned the hard way. “I made the fatal mistake of rushing into things to end up carrying lots of debt and losing a lot of friends,” he says. “I’m thankful I’m in a better place now- but be humble. Be a student of success, and absorb information from those you wish to trade places with, because they will help you get to where you want to go faster than trying to do it all yourself. Learn from the mistakes of others.”