Close Menu
    What's Hot

    My Favorite New England Town to Visit in the Spring, From Local

    April 22, 2026

    Onramp Launches New Bitcoin Finance Platform for Native Services

    April 22, 2026

    I Helped My Mom With Dementia Sell Her Home. It Wasn’t Easy.

    April 22, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Money»I Saved $60,000 and Opened My First Restaurant at 21
    Money

    I Saved $60,000 and Opened My First Restaurant at 21

    Press RoomBy Press RoomApril 22, 2026No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    This as-told-to essay is based on a conversation with Jack Ng, founder of NGMA Group. It has been edited for length and clarity.

    I grew up on a rice paddy in China, with no running water or electricity. The idea of coming to America felt like going into space. It was a dream that was almost unimaginable.

    Then, when I was 12, it became reality. My uncle owned a Chinese restaurant in Washington and sponsored my parents for work visas. I was the only one of my five siblings who was still a child, and I immigrated with my parents while my two brothers and two sisters stayed behind.

    Other than my cousin, it felt like I was the only Asian kid in the whole school district. I spoke no English and often fell asleep in class. I couldn’t help it, as I listened to the teacher speak for six hours in a language I didn’t understand. Eventually, I learned English through work and friends, but I still didn’t graduate from high school.

    I learned from other immigrants on the boats

    I started working at my uncle’s restaurant as soon as I arrived in the US, and at 14, I got my first job outside the family. I always worked hard, but I didn’t really have an education. I knew I needed to save money and start my own company.

    That led me to Alaska, to the Bering Sea, to be a deep-sea fisherman. It was really hard work. Every time I left the dock, I’d be severely seasick. I worked 12 hours on, 12 off every day for three months at a time. But when I came back from those three months, I had about $15,000 in my bank account. That was a lot of money at the time.

    On the boats, I worked with other immigrants: Vietnamese, Mexicans, and Filipinos, many of whom were older than me. They taught me to work hard and not complain, but I also knew I didn’t want to be doing this type of labor for long.

    My siblings came to the US and worked in my restaurant

    After two years, I had about $60,000 in the bank. I used that to open my first restaurant, China City, when I was 21. It was a bit more upscale than my uncle’s restaurant, but not too different. By that time, my siblings had immigrated to the US, too. We all bought a house together, and rode to work in the same car.


    Family photo

    Jack Ng saved $60,000 to open his firtst restaurant. 

    Courtesy of Jack Ng



    The first year was difficult, and we didn’t make much money. Still, opening that restaurant felt like I had achieved my American dream.

    After two years, we started a second location, on the water in a tourist town. We had white linens and a more upscale feel. We started getting very positive reviews and making more money. I went to the best restaurants in Seattle, learning from other chefs whenever I could.

    I hope my son takes over my businesses

    Today, I’m 48. My company, NGMA Group, owns five restaurants in Washington, and in 2025, we did more than $13 million in sales. I’ve built a good team around me and have financial security that allows me to travel back to China when I want. I could retire, but that doesn’t sound fun.

    One of my sisters still works for me, but my other three siblings have left the business to pursue their own opportunities. I think differently about business than my siblings do because I’ve been in the US longer. I spend more on branding and marketing, for example, which isn’t the right choice for them.

    My son is 22 and works in one of the restaurants. I hope that one day he’ll take over the business, but first he needs to get a college degree. He also needs to work in the kitchen for at least a year. It’s one thing to know how to run a business, but if you’re going to have a restaurant, you also need to know how to cook and wash dishes. You have to always be ready to jump in and work hard.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    My Favorite New England Town to Visit in the Spring, From Local

    April 22, 2026

    I Helped My Mom With Dementia Sell Her Home. It Wasn’t Easy.

    April 22, 2026

    Google’s New Chips Are a Shot at Nvidia in AI Inference

    April 22, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    My Favorite New England Town to Visit in the Spring, From Local

    April 22, 2026

    Onramp Launches New Bitcoin Finance Platform for Native Services

    April 22, 2026

    I Helped My Mom With Dementia Sell Her Home. It Wasn’t Easy.

    April 22, 2026

    Justin Sun Sues World Liberty Financial Over WLFI Crypto Freeze

    April 22, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • April 2026
    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.