Successful Filipino entrepreneurs: rags to riches

Published: 03rd June 2010
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Successful Filipino Entrepreneurs -From ice-cream vendors to winning the World Entrepreneurs Of The Year, from school drop-outs to becoming a multi peso billionaire and owning airliners, from sales agent to becoming a C.E.O. of her own firm, these Filipino Entrepreneurs have re-exemplified the true essence of entrepreneurship. The discipline, strategic thinking and management excellence they have exhibited in their own rags to riches story has been an awe-inspiring examples of the faith on hope and determination to millions. Amidst the political turmoil that the country is going through, these entrepreneurs has again resurrected the faith of investors to invest in the economy of the country once again.

A small business that started with just two ice-cream parlors in manila in 1970's, Tony Tan Caktiong, a Filipino Entrepreneur and the Head of Jollibee Food Corporation was awarded the World Entrepreneur Of The Year in fourth annual Ernst $ Young event on may 29, 2004 in Monte Carlo, Monaco. At present, the firm employs more than 30000 people in more than 1000 outlets in seven countries including U.S and China. Domestically it accounts for 65% of the fast food market in the country giving a tough competition to the global brands.

The indisputable credit towards bringing in bulky investment in the Filipino economic sector from native entrepreneurs to foreign entrepreneurs is Mr. John L. Gokongwei Jr. to mention a few, Owner of airline service worth over $700 million, $400 million worth telecom firm and one of the most highly demanded C2 green tea which demand exceeds 24/7 production, Mr. John L. Gokongwei Jr. has successfully captured the attention of investors from the country itself to investors from foreign land. He himself stands as one of the major reason why people should invest in Philippines.

To name a few more Filipino entrepreneurs, Mrs. Emelina Pulido Talaue whose passion for work and firm determination has led her from a crash course in marketing by working as a sales agent to becoming C.E.O of her own real estate agency named Praised Realty. Mother Lily Monteverde, a legend in the Filipino movie industry was born to rich parents but due to her orthodox ways, she was regarded as the black sheep and hence didn't get financial support from her father. With her own effort and business skill she made her career out of two popcorn machines to becoming the demigod of Filipino cinema.

There are many other Succesful Filipino entrepreneurs that have made big contribution in the effort to make the Filipino economy globally competitive, but these stories of rags to riches of the successful Filipino entrepreneurs like Tony Tan Caktiong, Mr. John L. Gokongwei Jr, Mrs. Emelina Pulido Talaue has again re-exemplified the ability and potential that lies in the person to whom determination and passion are the mode of life.

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