“When I was 14, I told everyone I’m going to be rich one day.”
When I was 14, I told everyone I’m going to be rich one day. Because you got to believe in it first to actually to come into fruition. I told myself, ‘I’m going to write you a check. I’m going to print it out for $100.’ And that time, $100 was a lot of money when I was 14. So I wrote a little piece of paper on a note and I was like, ‘I owe you $100 when I am 22 years old.’ I signed my name. And I thought no problem. I’m going to do that. I’m going to be rich, I’m going to be rich…”
From corporate media specialist to business owner, David Chan moves from one accomplishment to the next with incredible agility. His most recent venture, WOWFULLS, was founded by him and two business partners, Peter Li and Yiming Hui, in the basement of their homes. This happened amidst one of the riskiest decisions he made when he quit his corporate job at Prudential to take on the waffle business full-time.
Over the past year, WOWFULLS has been a major hit starting from their debut location at Smorgasburg, a marketplace located in Brooklyn. The business impressed founder Eric Demby so much, that the unique egg waffle cones topped with decadent scoops of ice cream went viral on social media. Soon, the business hit the ground running.
David Chan has developed his business knowledge and expertise as a media specialist and marketing major in college. Born in South America, he moved to the United States at 7 years old. In some way, he believes he has fulfilled his own American Dream, graduating with a Bachelor’s degree from Baruch College and building a business at age 29 today.
Internally, I have felt like ‘Omg, I’m going to lose that biweekly income of $1800 a month.’ That really sucks. But when I really think about it, it’s just money. I knew that when I started this business, it wasn’t money that was driving me. It’s really passion. It’s to build something from the ground up. Use my knowledge in terms of what I learned in school, doing marketing and advertising.”
The challenges of being an entrepreneur has not deterred David Chan. He shares new ideas about expanding and eventually helping out his sister start a daycare center. As he sits reserved yet alert in the back of WOWFULL’s new brick-and-mortar shop, David discusses never quitting.
Remember the three C’s. Challenge. Accept every challenge that comes at you. The second C is to be Committed. Show commitment. Do it every single day in and out. The third thing is to be Confident. When people see that you’re confident, they follow your lead. Do what you love, and you will never quit.”
WOWFULLS is located at 309 E Houston St, New York, NY 10002.