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CHARACTER TRAITS OF AN ENTREPRENEUR

Tony Tan Caktiong

OPPORTUNITY SEEKER

He is credited with inventing the country's popular bee. Tony Tan Caktiong came from an impoverished Chinese family that immigrated to the Philippines with the hopes of a better life. As a result of that decision, his family opened a restaurant in Davao, which enabled Tony to study Civil Engineering at the University of Santo Tomas. Caktiong chose to spend P350,000 on an Ice Cream House company when he was 22 years old. He opened two ice cream shops, one in Cubao and the other in Quiapo. As their firm grew more successful, they began to hire more people to help them manage it. After 2 years, he decided to provide cheeseburgers, grilled chicken, and spaghetti after customers told him they didn't want to eat frozen yogurt all the time. They decided to rebrand and change their name to "Jollibee" since it addresses them as an organization and the people they care about – enduring and grateful.

Henry Sy

PERSISTENT

After a series of failures in his firm, Henry Sy got back up and kept going till he achieved his goal. In 1958, he opened "Shoe Mart," a small shoe store in Quiapo, Manila, which eventually became the cornerstone of SM Prime Holdings. He is currently the most wealthy man in the Philippines, with three of the country's most important companies: SM Investments Corp. and SM Prime Holdings Inc., each valued at over Php 1 trillion, and BDO Unibank, valued at around Php 635 million. He has been the most wealthy man in the country for 11 years in a row, beginning in 2005, and is ranked 52nd on Forbes' World Billionaires List of 2018.

Walt Disney

COMMITTED

Walt Disney began his career as a ranch child who entertained himself by creating animated photos of his neighbors' ponies. Walt sought to find a new line of employment as a paper sketch artist when he was more established, but was unable to do so and ended up working at a graphic studio where he created advertisements for newspapers and magazines. Finally, he learned how to deal with advertisements, became fascinated by liveliness, and eventually founded his own activity company. Disney's success is due to his unwavering soul devotion to his vision, as well as his enthusiasm for drawing. Disney's liveliness structure was successful, but he was unsatisfied. "I need it to look like nothing else on the planet," he said to a partner, not set in stone to build the finest and most prominent amusement park ever seen.

Jose Magsaysay

GOAL- SETTER

When his brother-in-law, Ricky Montelibano, persuaded Jose Magsaysay to join him in a startup opportunity, he was simply an ordinary employee working for a fast-food hamburger company. The company, which was founded with the support of two distinct partners, Danny Bermejo and Jorge Wieneke, was about seasoned French fries, a branch of Montelibano's improved popcorn business at the time. Magsaysay noticed that the company was almost set to launch, except for the financial budget needed to carry out their plans. As a result, he proposed that they each donate a sum equivalent to the P150,000 needed to open the first shop. After a few months, the first branch proved to be a success, and they wanted to expand it, but they didn't have much money. Magsaysay devised a plan to raise funds via franchising the company to finance its expansion and achieve its aims, which will lead to the company's success.

Oprah Winfrey

RISK TAKER

Winfrey has battled without holding back for all of her prosperity. After a tumultuous and wrecked childhood in Mississippi and Wisconsin, Winfrey received a full scholarship to Tennessee State University and, at long last, broke into the television and radio reporting industry. It wasn't until the mid-80s that she decided to put her financial stability on the line by arranging for her TV show to be broadcast. The Oprah Winfrey Show went on to become the most highly-rated program of its kind in history. Winfrey proves that taking calculated risks can pay off handsomely, even if it takes a few tries: "Do the one thing you think you can't do. Fail at it. Try again. Improve the next time. The only people who never fall are the ones who never mount the high wire," she said.

Christine Joyce Pelonio

12 HUMSS 1P