Chinese-American Women Do Better: More Money and Less Unemployment

Business stopped being a man's world years ago, and like American women of all ethnicities, Chinese-American women have found success in business. But they've found more success.  What makes Chinese-American women different is an unstoppable desire for success, a never-quit attitude even when facing impossible odds, and a tireless work ethic-all of which seem to come to them naturally.

The statistics do not lie. According to the US Census Bureau and the US Department of Labor, the average yearly income for women of Chinese ethnicity in 2005 and 2006 was over $30,000, as compared to the national average of $26,261 for women of all ethnicities. The unemployment rate of Chinese-American females is approximately 3 percent, compared to 4.6 percent for all women. And amazingly, over 45 percent of Chinese-American females are college graduates, compared to only 26.7 percent of Caucasian females and 28.9 percent of males across all ethnicities.

Are Chinese-American women born with more talent for business? No. Chinese-American women have no genetic advantage. It's not magic. It's not luck. Chinese-American women merely approach business with a different frame of mind than most Westerners do. In America, the land of the free, their core values and work ethic makes Chinese-American women uniquely competitive and highly successful in whatever they pursue.

Successful Chinese-American women have the right attitude toward money. They are not afraid to talk about it. Rather, they think of money like water—necessary to survive and thrive and find ways to earn it, save it, and make it work for them. Many Chinese women aren’t afraid to ask for more money or a raise. In fact, the start of my own business years ago came about because when I asked for a raise, my boss at the time turned me down. So I went off and started my own computer company. That “no” was a blessing.

In my newly released book, Why Chinese Women are Not Broke; Real Life Stories And Proven Keys for Success, I interviewed 100 trailblazing Chinese-American women-including groundbreaking scientists, doctors, political pioneers, Emmy-winning news anchors, high-powered executives who lead banks and corporations, world-renowned scholars, entrepreneurs who have made millions from nothing, visionary artists. Uncovering their secrets to success, I distilled their unique wisdom into seven universal lessons that build the fundamental foundation for anyone to succeed, regardless of race, background, or gender.

Women have the right to ask for more money, just as we have the right to ask for more water. Because it is for survival!

by Giovanna Pang Garcia

www.WhyChineseWomenAreNotBroke.com