People that are sucessful are better teachers than any other people. We can simply follow their footsteps and follow the art of drafting and their is a slim chance that we could be a unsuccessful in any way. In this article we will share some of the most successful Filipino business men in the country and let us see what can we learn from them.

 

Socorro C. Ramos (Co-founder of National Bookstore)

At a young age of 18, Ms. Socorro, also known as Nanay Coring, worked for the iconic Goodwill Bookstore in Escolta. It wasn’t until after she married Jose Ramos that Nanay Coring put up her own. The couple rented a small corner space at the foot of Escolta Bridge and started with a measly capital of a P211 (or P15,047 in 2015). They sold GI novels, textbooks, and school supplies, but shifted to selling candles, soap, and slippers during World War II.
Tragedy struck when their first branch was burned down during the Battle of Manila in 1945. They rebuilt it only to be toppled by typhoon Gene 3 years later. After much adversity, the couple finally established their footing in the industry when they procured licenses from Hallmark and publishers like McGraw-Hill and Prentice Hall to print affordable textbooks. Today, Nanay Coring’s P211 investment has more than 145 franchise stores nationwide.

Mariano Que (Founder and Owner of Mercury Drug)

Mariano Que started out as an employee in a drugstore before World War II. After the war, he saw the need for sulfa drugs and grabbed the opportunity. A surplus of antibiotics from war-time supplies and a booming demand from the masses fueled his business model.
In 1945, Mr. Que put up his first drugstore in Pasig followed by landmark branches in developing CBD Makati and in the iconic Plaza Miranda in Quiapo, Manila. Today, Mercury Drug is the country’s quintessential pharmaceutical establishment with quality products at affordable prices.

Tony Tan Caktiong (Founder of Jollibee)

For most parts of the world, you go to McDonald’s if you’re craving for burgers and fries. But not in the Philippines. Here, Tony Tan Caktiong’s smiling red bee dominates the fast food scene and is now hailed as Asia’s most valuable restaurant chain. But not many people know that Tony started Jollibee by selling cold treats.
At 22, he seized a franchising opportunity with Magnolia Dairy Ice Cream and opened two ice cream parlors. In response to customer requests, he added hot meals and sandwiches to the menu, which soon proved to be a lot popular than ice cream.
Three years later, he discontinued the Magnolia franchise, converted his ice cream parlors into fully blown fast food outlets, and the rest was history.

Corazon D. Ong (Founder of CDO-Foodsphere)

Being a full-time mother didn’t stop the entrepreneur in Mrs. Ong. After quitting her career as a dietician, she used her skills in preparing delicious baon for her family to start her own food company. In 1975, she founded a kitchen-based mom-and-pop enterprise producing siopao with a longanisa filling and other tocino products.
The company was based at their home in Valenzuela City, which for the most part, was also their production, warehouse, and distribution areas. It had two employees—Mrs. Ong and her husband Pepe.
Fast forward 40 years and Foodsphere is one of the country’s top food companies employing 3,000 Filipinos and producing high-quality products under popular brands like CDO, Bibbo, Holiday, San Marino, Highlands, and Danes. Not too shabby for something that started from a makeshift kitchen with two employees.

For most parts of the world, you go to McDonald’s if you’re craving for burgers and fries. But not in the Philippines. Here, Tony Tan Caktiong’s smiling red bee dominates the fast food scene and is now hailed as Asia’s most valuable restaurant chain. But not many people know that Tony started Jollibee by selling cold treats.
At 22, he seized a franchising opportunity with Magnolia Dairy Ice Cream and opened two ice cream parlors. In response to customer requests, he added hot meals and sandwiches to the menu, which soon proved to be a lot popular than ice cream.
Three years later, he discontinued the Magnolia franchise, converted his ice cream parlors into fully blown fast food outlets, and the rest was history.

Corazon D. Ong (Founder of CDO-Foodsphere)

Being a full-time mother didn’t stop the entrepreneur in Mrs. Ong. After quitting her career as a dietician, she used her skills in preparing delicious baon for her family to start her own food company. In 1975, she founded a kitchen-based mom-and-pop enterprise producing siopao with a longanisa filling and other tocino products.
The company was based at their home in Valenzuela City, which for the most part, was also their production, warehouse, and distribution areas. It had two employees—Mrs. Ong and her husband Pepe.
Fast forward 40 years and Foodsphere is one of the country’s top food companies employing 3,000 Filipinos and producing high-quality products under popular brands like CDO, Bibbo, Holiday, San Marino, Highlands, and Danes. Not too shabby for something that started from a makeshift kitchen with two employees.

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