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The document discusses the entrepreneurial mindsets of three successful Filipino entrepreneurs - Cresida Tueres of Greenwich Pizza, Cecilio Kwok Pedro of Lamoiyan Corporation, and Henry Sy of SM Group. It describes how Tueres' passion for food and understanding of the Filipino palate led to the success of Greenwich Pizza. Pedro established Lamoiyan Corporation with a mission to provide affordable oral care products and job opportunities for people with disabilities. Sy started from humble beginnings and through hard work and determination built the SM Group retail empire, becoming one of the richest men in the Philippines. All three exemplify the entrepreneurial qualities of perseverance, vision, innovation and social responsibility that paved the way for their business

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Khonee Cataliño
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2K views

Assignment

The document discusses the entrepreneurial mindsets of three successful Filipino entrepreneurs - Cresida Tueres of Greenwich Pizza, Cecilio Kwok Pedro of Lamoiyan Corporation, and Henry Sy of SM Group. It describes how Tueres' passion for food and understanding of the Filipino palate led to the success of Greenwich Pizza. Pedro established Lamoiyan Corporation with a mission to provide affordable oral care products and job opportunities for people with disabilities. Sy started from humble beginnings and through hard work and determination built the SM Group retail empire, becoming one of the richest men in the Philippines. All three exemplify the entrepreneurial qualities of perseverance, vision, innovation and social responsibility that paved the way for their business

Uploaded by

Khonee Cataliño
Copyright
© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
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KHONEE C.

GARCESA
BSBA-OM 401B

THREE SUCCESSFUL ENTREPRENEURS

1. Cresida Tueres (GREENWHICH PIZZA)

Cresida Tueres, affectionately known as "Cressy," is a Filipino


businesswoman who has taken the food industry by storm with her brilliant
entrepreneurship skills. She is the driving force behind Greenwich Pizza, a
popular fast-food chain that has become a household name in the
Philippines.

Tueres' passion for food and her keen understanding of the Filipino palate
has been the key to her success. With her unwavering commitment to
quality, innovation, and customer satisfaction, Tueres has transformed
Greenwich Pizza into a leading player in the competitive food industry.

Her dedication to excellence and her ability to adapt to changing market


trends has earned her numerous awards and accolades, solidifying her
reputation as a trailblazer in the business world.

Entrepreneurial mind: Mrs. Tueres has this passion for cooking and has
great entrepreneurial spirit, offered delicious food at an unbelievably low
price. Her friends and relatives loved the good food she’s offering that they
wanted to have their own Greenwich stores. Since then, Greenwich started
franchising and had 50 stores at a victory. She is an example for this
characteristic because she incurs the lowest cost in the production without
sacrificing the quality this characteristic of hers made her even more
successful.
2. Cecilio Kwok Pedro (Lamoiyan Corporation)

Cecilio Kwok Pedro is a visionary entrepreneur who has made a significant


impact in the personal care industry. As the founder of the Lamoiyan
Corporation, Pedro has successfully built a business empire based on his
strong principles of social entrepreneurship.

Inspired by his personal experiences as a person with a disability, Pedro


established Lamoiyan Corporation with a mission to provide high-quality
oral care products at affordable prices while creating job opportunities for
people with disabilities. Despite facing various challenges, Pedro's
unwavering commitment to his vision has made Lamoiyan Corporation a
trusted brand not only in the Philippines but also in international markets.

Entrepreneurial mind: His advocacy for inclusivity, innovation, and social


responsibility has earned him numerous awards and recognition, making
him a true inspiration to aspiring entrepreneurs.
3. Henry Sy (Shoe Mart)

Henry Sy, widely known as the "Father of Philippine Retail," is a pioneering


entrepreneur who founded the Shoe Mart (SM) Group, one of the largest
retail conglomerates in the Philippines. Born in Xiamen, China, in 1924, Sy
immigrated to the Philippines in the 1930s and started his entrepreneurial
journey by selling surplus goods during World War II.

In 1958, Sy opened his first Shoe Mart store in Manila, which marked the
beginning of his retail empire. Over the years, he expanded his business
into various retail sectors, including department stores, supermarkets,
hypermarkets, and malls. Sy's visionary leadership and relentless pursuit of
excellence propelled his business to new heights. Today, the SM Group
operates over 70 malls in the Philippines and holds a significant presence in
the retail, real estate, and banking sectors.

Entrepreneurial mind: Sy's business acumen and innovative approach to


retailing have earned him numerous accolades, including Forbes' list of
World's Billionaires, where he was consistently ranked as one of the richest
men in the Philippines. Apart from his business success, Sy was also known
for his philanthropic efforts, donating to various charitable causes and
supporting education and healthcare initiatives in the Philippines. His legacy
continues to inspire aspiring entrepreneurs in the Philippines and beyond.
1. What is their Entrepreneurial mind?

The epitome of success, no other than, the Philippines’ richest man, Henry Sy. His
rags to riches tale never fail to amaze inspiring entrepreneurs. Henry Sy's success
story is one of determination, hard work, and perseverance. Born into a poor
family in Quanzhou, China, Sy migrated to the Philippines at the age of twelve and
started working in his father's small sari-sari store in Quiapo, Manila.
However, their store was burned down during the Second World War, causing Sy's
father to return to China. Despite this setback, Sy chose to stay in the Philippines
with a strong determination to become successful. With only 10 cents in his
pocket, Sy empowered himself through education, studying commerce and
learning English and Filipino languages.
He started selling surplus GI boots on the streets of Manila and eventually
ventured into trading shoes, discovering local suppliers and importing shoes to
meet the supply and demand chain. Sy married a fellow Chinese immigrant,
Felicidad, who supported him in the business process. Inspired by his wife's work
as a lace vendor in Manila, Sy expanded his business to include other goods and
products in his Shoe Mart.
Henry Sy's success story is a testament to his unwavering determination, hard
work, and entrepreneurial spirit. From humble beginnings, he built a business
empire that includes SM, BDO, and SMDC, and has become a respected figure in
the business world both in the Philippines and abroad. His story serves as an
inspiration to aspiring entrepreneurs and a reminder that with perseverance and
determination, success is possible, regardless of one's background.

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