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Wendy Cai, 32
Director, Chinese Services Group
Deloitte & Touche USA
Six months after she had quit her job on Wall Street to launch her own dot-com firm, Wendy Cai still hadn't told her parents, who clung to traditional Chinese values. But when she had to take the bus to visit them in Paramus, N.J., she finally confessed that she had sold her car to cut back on costs. Busted.
Much to her surprise, her folks were supportive. Before the Cultural Revolution, her grandfather had been an entrepreneur in Shanghai. The family left China for the United States when Ms. Cai was 12, and they showed similar pluck here. Her father worked his way up from dishwasher to owning a restaurant, and her mother became a jewelry designer.
Ms. Cai, who sold e-commerce company Hagglers.com at a profit just before the tech bubble burst, has proved herself as nimble as her parents at adapting to changing circumstances.
One of the youngest directors in Deloitte's history, Ms. Cai advises Fortune 500 companies on China investments ranging from $10 million to $50 million. Her ability to keep up with the lightning speed of the country's economic development is rooted in her success as an entrepreneur.
"It's because of this experience that she's matured so fast," says Clarence Kwan, managing partner at Deloitte and her boss in the China practice. "She has the mind of a manager and the soul of a leader."
In the past year, Ms. Cai has been on the road more than 80% of the time as she keeps up with the myriad investors now rushing to the mainland market.
The breathtaking pace doesn't faze her. "I couldn't ask for a more perfect job," says Ms. Cai, who loves returning to China to sightsee and practice the many dialects she speaks.