Successful Filipino Entrepreneurs and Their Story |Successful Entrepreneurs in the Philippines
Welcome back our lovely and delightful readers. We always share the success stories of those entrepreneurs who have struggled a lot through tough skies. In this blog, we will introduce you guys to some of the famous Successful Filipino Entrepreneurs, the Successful Entrepreneurs in the Philippines. The steps to success are never easy, one has to put in lots of hard work and efforts to make it up to the mark. Every country has its own entrepreneur success stories to share. Here, we are sharing about the Philippines.
Successful Filipino Entrepreneurs and their story
Henry Sy
Every entrepreneur has their own story to share which turns out to be the reason for their success. Henry Sy the Shoe Mart owner has his reasons to start a shoe business. This entrepreneur is from a low-income family in Jinjang, Xiamen in China. Henry’s whole family moved to the Philippines due to the hardships china was facing. They put up a shoe business in Manila and it was the first shoe mart there. Firstly, he sold used military combat boots and other goods to American soldiers. Then, later he had the thought of bringing up a change in the business. As he was smart enough, he would often design shoes with all the patterns that appeared on his mind. Like this, the legacy of Henry Sy – Shoe Mart increased in years and now it is run by his family. The owner breathed his last in 2019 when he was 94 years old. He falls perfectly in the category of one of the most Successful Filipino Entrepreneurs, the list of Successful Entrepreneurs in the Philippines.
Tony Tan Caktiong
Jollibee Foods – the mastermind behind this business is Tony Tan Caktiong. A business starts with a single product, here too Tony Tan Caktiong started his business with a single product, which was ice cream. He built a Magnolia ice cream parlor. Later for a change and also to increase his business strategies he further added more products – they were fried chicken, fries, and burgers. The business was a success. His stores would flood with customers to buy these delicious cuisines. This is the reason it was named Jollibee Foods. Now the business has expanded across seas. Some of the counties where his business runs are – US, China, Saudi Arabia, Vietnam, Singapore, and Brunei. Hence, it is another Successful Filipino Entrepreneurs and Their Story.
Socorro Ramos
A business can be turned by anyone – men or women. Socorro Ramos is a woman who started a business of book sales with her husband. National Book Store is the business she started. Like every other entrepreneur, she too had a past. She was a saleswoman before starting her business. The couple sold school books and supplies to students. She proved to be the perfect example to justify the saying Age is just a number, and any lady can start her business at her own time and space. Now her business is the most prominent school and book supplies chain in the Philippines. Hence, it is another Successful Filipino Entrepreneurs and Their Story.
John Gokongwei Jr
This person has a different story of success. He belonged to a wealthy family. John Gokongwei Jr story is known as the “rich-to-rags-to riches” story. Let me brief it – as mentioned at the start he belonged to one of the wealthiest families, but eventually, his family business slowed down after his father’s death, and later John brought upon the huge empire again. Now, he has many holdings under him. They are the commercial airline, Cebu Pacific, Department Stores under the Robina Land Corporation, Robinsons Supermarkets & J.G. Holdings. His business is named Universal Robina Corporation. Hence, it is another Successful Filipino Entrepreneurs and know as one of the successful Entrepreneurs in the Philippines
Edgar Sia
He is one of the youngest entrepreneurs who started his business at a very young age. He dropped from his graduation and paved towards opening up his own business. He belongs from Iloilo City. Edgar Sia had a laundry and photo-developing business before his new business. Mang Inasal – his business which took him to heights was started in 2006. Now he is considered the youngest entrepreneur in the Philippines. Hence, it is another Successful Filipino Entrepreneurs.
Joe Magsaysay
The story of Joe Magsaysay is different. He left his school to start a business. He was a good employer due to which he became the manager. Later because of his management skills he started a business Potato Corner together with a friend. By 1992 the business was growing up in heights and started offering franchises to interested franchisees. Potato Corner is the best easy-to-go snack corner for anyone. Hence, it is another Successful Filipino Entrepreneurs.
In The Final Analysis…
Tony Tan Caktiong one of the Successful Filipino Entrepreneurs states that
“If you dream big and put your dreams into action you will indefinitely make mistakes. But don’t be scared to make mistakes. Just be quick to recognize them & learn them from as fast as you can.”
We all got a valuable lesson from these Successful Filipino Entrepreneurs and Their Story. Everyone makes mistakes, but they learn from them and make strategic plans to work on them in the future ahead. One should be determinant, enthusiastic, willing, dedicated to work on something and achieving success from it. So I hope you like the brief stories of one of the most Successful Entrepreneurs in the Philippines.
For more such informative articles and to know about more entrepreneurs like these successful Entrepreneurs in the Philippines, you should check out the given links :
