Succesful Filipino Entrepreneurs.

Henry Sy.
Henry Sy, Sr. (Chinese: 施至成; pinyin: Shī ZhìChéng; born December 25, 1924) is a Chinese Filipino businessman and the founder and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. He earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950. Acknowledged as the country’s "Retail King," he has come a long way from the modest shoe store he set up in Quiapo in 1946, to become Asia's biggest shopping mall operator with over 30 malls throughout the Philippines. He is the Philippines' richest man, gaining 1.4 billion dollars in 2007, amid the global financial crisis. The huge gain was due to his holding company, SM Investments Corp., which has interests in Banco de Oro Universal Bank, inter alia. Forbes magazine's 2008 list of 40 wealthiest Filipinos, revealed the Sy family's net worth was 3.1 billion dollars.

John Gokongwei

He is the chairman of JG Summit Holdings, one of largest conglomerates in the Philippines. In 2005, his company spent $700 million of internally generated funds which was used to buy new aircraft for his airline, Cebu Pacific Air. From 2003 up to the present his telecom company Digitel Telecommunications Philippines spent nearly $800 million for its mobile carrier, Sun Cellular which is the 3rd largest mobile operator in the Philippines as of 2008. He is currently negotiating a $1 billion takeover of UIC, a property giant from Singapore of which he owns in excess of 30%. UIC controls Singapore Land, one of the biggest property landlord in Singapore. Gokongwei also owns Universal Robina Corporation, one of the largest manufacturer of snacks in the Philippines. He also controls Robinsons Land one of the biggest property developers in the Philippines which also operates a chain of malls.

He was born into a wealthy Cebu-based family, originally from China's Fujian province. The family fortune was lost when his affluent father died. He started his business career during World War II, buying and selling rice, clothing and scrap metal. He is married, and has six children. His only son, Lance Gokongwei, is now in charge of the Gokongwei Empire, serving as president and COO while his father serves as Chairman Emeritus.

George Ty

George S.K. Ty (traditional Chinese: 鄭少堅) is a Chinese Filipino finance tycoon. He founded Metropolitan Bank and Trust Company, currently the largest bank in terms of Assets and Capital in the Philippines. He also has stakes in the Bank of the Philippine Islands and Philippine Savings Bank, a Metrobank subsidiary. George Ty was the owner of the G.T. International Tower in Makati. He used to be a billionaire where he once had a networth of $2.2 Billion back in 1998.

..come in with the rain..:))

haha. currently doing my homework in GEOMETRY!:))) i'm so hungry and my stomach's grumblin :| but i need to finish my homework first. WHAT A WORD? and i'm having a hard time looking for the meaning of the words in my notebook:)) well, uhmn today is just a normal day. I had fun in school with my classmates & friends. :)) I reallyy reallyy  miss being a freshmen . I miss my classmates last year. I miss the fun and the laughs :))) I miss everything :| Maybe i'm not used to of being a sophomore lol. haha.:))  There's nothing i can do. so now i decided to visit tumblr :)) I'm currently tumblin right now:)) I love the pictures, stuffs and everything.:D i can't help but to REBLOG,REBLOG and reblog :))


" You don't always have to be who they want you to be, just be yourself." :)
Gudnight:* ..

NIGHTTT:))))

ATLAST. Finally done with my homework:)))) I guesss need to eat something first:))) My stomach's grumblin na :| :))) BYEEE. :)))

Assignment # 4PEC'S helps us in many ways:)))))

1.     1. Some examples are.

Students. As they learn about PEC’S, they are able to see the ways on how to improve their skills & talents. If students, does the PEC’s in a right way it will definitely allow them to be successful, reach their goals or maybe they could get a high grade. Just like for example, if students has a commitment to their work (one of the PEC’s). They will sacrifice or expend extraordinary effort to finish their job. Knowing PEC’s for students is really essential, because with it they will get a high grade for doing what is right and what is best.a

Businessman/ Businesswoman. PEC’S is important for a person who takes business. If a businessman knows the PEC’S it will enable them to be a better entrepreneur. Seeks information (one of the PEC’S) with this, They will be updated for things that will help them improve their business. They will reach success and gets what they want.

-With that examples, we know that PEC’S is really essential to us. It helps us in many ways. Helps us be better in the future. Helps us reach success.

2. Personal Entrepreneurial Competencies helps us to be a successful entrepreneur for it gives us tips & ad vices on how to be a better entrepreneur. It shows us ways on how to develop our skills & talents. It also helps us become a better person someday.With P EC’s we are able to broaden our knowledge. It shows us the pathway to success. 

Invention made due to necessity.

N. Joseph Woodland, a Drexel graduate, invented the bar code, that ubiquitous technology which touches our lives
daily. Woodland, who was a native of Atlantic City, graduated from Drexel in 1947. He also taught at Drexel briefly
after receiving his degree.
In 1948, Woodland was approached by Bernard Silver, another member of the faculty, to help him find a way to
automate the checkout process at grocery stores. Together, Silver and Woodland tried several ideas but could not get
anything to work. Woodland, not to be discouraged but convinced that he was on to something, continued tinkering
with the idea. He left Drexel in 1948 and spent the winter of 1948-49 in Miami Beach working on his idea.
Upon returning to Atlantic City in the spring of 1949, Woodland wrote an application for a patent on the basic bar code
concept, which involved capturing data through the optical scanning of lines. The lines that Woodland envisioned were
actually concentric circles and not "bars" at all. However, the basic idea was the same. The circles could be changed
in small ways to encode data in a format that was machine-readable.
In 1952, Woodland received a patent on his plan. With a wife and child to support, however, he soon took a job as a
design engineer at IBM. Woodland stayed with IBM for 36 years working on many successful technological innovations
including the UPC or "universal product code" which became an international standard. Unfortunately, Woodland's first
patent proved to be ahead of its time. Shortly after Woodland's patent expired in 1970, laser and computer technology
made widespread use of the barcode possible.
The bar code is one of the most successful information technologies ever invented. Although Woodland understood
that the bar code would have tremendous effect on retailing, he did not anticipate its applicability to many other
industries as well. Few technologies have been as widely applied as Woodland's 1952 patent idea. One might even
say that it was the barcode that enabled retailers like Wal-Mart and Amazon.com to assume their present day
gargantuan proportions.

Source: http://archives.library.drexel.edu/pdf/njosephwoodlandarticle.pdf

Personal Entrepreneurial Competencies or PEC's

Achievement Cluster 
I. Opportunity Seeking and Initiative 
Does things before asked or forced to by events 
Acts to extend the business into new areas, products or services 
Seizes unusual opportunities to start a new business, obtain financing, 
equipment, land work space or assistance 
II. Risk Taking 
Deliberately calculates risks and evaluates alternatives 
Takes action to reduce risks or control outcomes 
Places self in situations involving a challenge or moderate risk 
III. Demand for Efficiency and Quality 
Finds ways to do things better, faster, or cheaper 
Acts to do things that meet or exceed standards of excellence 
Develops or uses procedures to ensure work is completed on time or that 
work meets agreed upon standards of quality 
IV. Persistence 
Takes action in the face of a significant obstacle 
Takes repeated actions or switches to an alternative strategy to meet a 
challenge or overcome an obstacle 
Takes personal responsibility for the performance necessary to achieve 
goals and objectives 
V. Commitment to the Work Contract 
Makes a personal sacrifice or expends extraordinary effort to complete a 
job 
Pitches in with workers or in their place to get a job done 
Strives to keep customers satisfied and places long term good will over 
short term gain 
Planning Cluster 
VI. Information Seeking 
Personally seeks information from clients, suppliers or competitors 
Does personal research on how to provide a product or service 
Consults experts for business or technical advice 
VII Goal setting 
Sets goals and objectives that are personally meaningful and challenging 
Articulates clear and specific long range goals 
Sets measurable short term objectives 
VIII. Systematic Planning and Monitoring 
Plans by breaking large tasks down into time-constrained sub-tasks 
Revises plans in light of feedback on performance or changing 
circumstances 
Keeps financial records and uses them to make business decisions 
Power Cluster 
IX. Persuasion and Networking 
Uses deliberate strategies to influence or persuade others 
Uses key people as agents to accomplish own objectives 
Acts to develop and maintain business contracts 
X. Independence and self-confidence 
Seeks autonomy from the rules or control of others 
Sticks with own judgement in the face of opposition or early lack of 
success 
Expresses confidence in own ability to complete a difficult task or meet a 
challenge

Source:http://wiki.answers.com/Q/What_is_personal_entrepreneurial_competencies_or_PEC's#ixzz1OwmpPyoE

What is an entrepreneur?

An entrepreneur is a person who has possession of a new enterprise. An individual who generates business activity. A businessman or businesswoman. Often associated with one who takes business risks. The term entrepreneur was originally a loanword from French. It was first defined by the Irish-French Economist Richard Cantillon.  Jean-Baptiste Say, a French economist, is believed to have coined the word "entrepreneur" in the 19th century - he defined an entrepreneur as "one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour."


http://www.answers.com/topic/entrepreneur
http://en.wikipedia.org/wiki/Entrepreneur