Business has becomes very competitive that only a few people have made it to the level of success these people have. They have treated their problems as challenges and faced them inspite of hardships. Read through their stories and get inspired.
Henry Sy
Henry Sy is the founding father of SM Investments Corporation, one of the largest corporations in the Philippines. An October 2007 Forbes Asia ranking puts Sy at the number 2 spot of the richest Filipinos. His success story in the Philippines started when his impoverished family left China when he was 12. They opened a small corner grocery in Manila where he and his other siblings would work. While studying at the Far Eastern University in Manila, he took a job as a middleman for shoe stores
John Gokongwei, Jr.
John Gokongwei, Jr. is the founder and now Chairman Emeritus of JG Summit Holdings, one of the biggest conglomerates in the country. Some of the many companies he owns are Cebu Pacific, Universal Robina Corporation, Sun Cellular, and the Robinsons Malls. But life was not always as easy for John Gokongwei. When he was 15, his father died, and he was forced to live on the street. When World War II broke out 2 years later, the young Gokongwei had to peddle soap and thread just to support himself.
Tony Tan Caktiong
Tony Tan Caktiong is the founder, Chairman, and CEO of Philippine fast food chain icon Jollibee, which now has over 600 stores in the Philippines and 27 international stores in countries such as the United States and Hong Kong. Tan Caktiong started out after graduating from college in 1975. After borrowing money from his parents, he set up two ice cream parlors in Cubao. Noticing his customers were looking for more than ice cream, he decided to start serving sandwiches as well.
Andrew Tan
Andrew Tan the country's newest billionaire, is the founder and CEO of one of the country's leading property developers, the Megaworld Corporation. The 16-hectare Eastwood City, a prototype of Tan's live-work-play environment concept, is one of the many projects of his company. Tan started investing in mid-income housing at the worst possible time - the height of the Asian Crisis. He made a very risky move when he rushed into the industry while many of the major players were hesitant largely because a number of leading land developers were torched by the same market earlier
Edgar Injap Sia
He may be a “bagito” in the list but his feat is nothing short of amazing. An Iloilo native, Injap, the enterprising 30-something rose to prominence when famous Jollibee magnate Tony Tan Caktiong offered to buy a 70 percent stake in his fast-food bussines, Mang Inasal.
Lucio Tan
With all the wealth he has generated, it is hard to believe Lucio Tan was but a poor kid from Fujian Province, China. Captain to a $1.7 billion industry, this Chinese immigrant is a giant among men and his businesses a stuff of legends. Start with Philippine Airlines, the country’s premier airlines. Then go to the over 150-year-old Tanduay Distillers, manufacturer of the country’s top liquor brand. And get dizzy in Fortune Tobacco Corp., the country’s #1 producer of cigarettes. Lucio Tan’s influence via his products has reached even the most far-flung villages of the country
Cecilio K. Pedro
Lamoiyan Corporation
Cecilio K. Pedro is another Filipino businessman of Chinese descent but his story is not the typical rags-to-riches tale but about turning adversity into triumph. He founded the Lamoiyan Corporation, which became the manufacturer of the first locally produced toothpastes “Hapee" and “Kutitap" (sparkle). They were sold in the Philippine market at 50 percent lower than the selling price of the well known foreign brands. However, the low-priced toothpaste was not the only strategy that took Lamoiyan Corporation to the pinnacles of success. The company was lauded for having the “Most Outstanding Program for Equal Employment Opportunity" by providing work opportunities to the country’s hearing-impaired com
Mariano Que
Mercury Drugstore
Mariano Que initially worked as an employee of a drugstore during the prewar era but like most typical successful entrepreneurs, Que found his opportunities after the war and during the advent of the American occupation. Mariano Que saw the demand for sulfa drugs, since most of the Philippine pharmacies hardly had enough resources to go by. Using his prewar experience as a drugstore employee, Mariano invested in 100 pesos worth of sulfathiazole tablets and peddled them in single doses so they could be affordable to the poverty-stricken sector. He rolled over his profits until he had enough money to build a wooden pushcart. That way, he could peddle a wider assortment of pharmaceutical products. Mercury Drug created a reputation that every Filipino household could rely on; and there was a store in nearly every town and city accross the country.
Today, there are about 700 Mercury stores, some of which are under franchise. All these fulfilled Mariano Que's goal of making safe medication available and accessible to every Filipino community. Today, Mariano's daughter, Vivian Que Azcona, continues to uphold his company's visions and missions.
Corazon D. Ong
CDO Foodsphere,Inc.
Corazon D. Ong is a dietitian by profession who used her knowledge to create affordable processed meat products that could compete with the already well known and established processed meat brands. Initially, it was only a hobby where she could put to good use her creativity and skill in culinary arts. She came up with corned beef, hotdogs, meatloaf, hamburger patties and ham, an entity that she later sold as a home business. CDO Foodsphere is a highly-recognized supplier of meat toppings for Yum! Restaurant International, a known operator of global Quick Service Restaurants (QSR) , which includes Pizza Hut, KFC, Taco Bell and Long John Silver . Locally, CDO supplies the meat toppings to nine out of ten QSRs operating in the Philippines. The clamor for CDO products stems from numerous awards and recognitions that the processed meat products have received, owing to their quality and excellence.
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