In episode 142, Molly is joined by Professor William Hsiao, who shares his unlikely journey, growing up in the U.S. not knowing English well and struggling with no parents around; he eventually became a Harvard professor and one of the world's foremost experts on healthcare, economics and financing...regularly advising government and non-governmental organizations.
Shortly after moving to America from China at the age of 12, Hsiao lost his father to a medical accident, and his mother developed stage 3 tuberculosis—spending 8 years in a sanitarium while he grew up. He opens up about his struggles with no anchor in his household and explains what it was like being a first-generation immigrant: the racial discrimination he faced and how it affected him. Don't miss his empowering message to people who may not speak English well!Â
Hsiao talks about his first job as an actuary, and tells the story of when he had to fill in as Acting Chief Actuary of the United States and testify before Congress. Then, he talks about his transition to the academic world and becoming a professor. Hear about how his desire to learn led to overcoming his self doubts about his ability to succeed. An expert in healthcare, Hsiao was invited by nine countries and societies to redesign their healthcare systems. Get an inside look at healthcare systems, the healthcare industry, and the politics at play that often stop good ideas from flourishing.
Hsiao passes down wisdom learned throughout his life, including:Â
1. Life is unpredictable.
2. With patience, you can make big changes during your lifetime.
3. The world is so interested and complex, there is no end to our learning.