Reymark S. Nueva Grade 11 Aristotle
Module 1-Week 1
THE ENTREPRENEURAL MINDSET
APPLICATION:
Five Successful Filipino Entrepreneurs In The Internet
1. Henry Sy, Shoe Mart
Henry Sy didn't just wake up to become one of the richest men in the world and a
world-class commercial center developer, he actually had a humble beginning.
Before building the gigantic Shoe Mart, which is now a chain of more than 44 large-
scale shopping centers in the Philippines and throughout Asia, Henry and his family
were actually living in penury, Henry's family migrated from China to the Philippines
in 1936.
They lost their store during World War II. In a bid to survive, Henry started to sell
used military combut boots and other postwar goods to American soldiers. He went
through tough times until he was able to open his first shoe store, the SM in
Avenida, Manila. Today, SM is more than just a shopping mall. It has become an
institution where many favorite memories happened. The company offers families
great experiences ranging from shopping to watching blockbuster movies to date
night to ice skating as well as food tripping.
2. Alfredo M. Yao, Founder Zest 0 Corporation
Yao first experienced failure when poverty forced him out of school. After earning
his doctorate degree at the Polytechnic University of the Philippines, he opened his
own printing press There he saw the potential of "doy packs”-plastic containers that
can stand upright and pitched it to beverage companies in the late '70s.
His idea was rejected by juice manufacturers at the time, so he spent hours in his
own kitchen and concocted his own juice. Zest-0 was born, and from there he
founded banking, realty, and airline companies.
3. Socorro C. Ramos Founder National Book Store
When Ramos and her late husband opened their first store in Escolta, they had to
find
ways to survive a wave of hardships heavy book censorship by the Japanese during
the war, fire that razed their first branch during the Battle of Manila, and a typhoon
destroying almost all of their merchandise after the war Despite all of these, they
persevered and now have more than 100 branches nationwide, on top at the family's
other investments.
4. Nick Galan, co-founder and CEO of Satoshi Citadel Industries
