2 Inspiring Stories of Filipino Entrepreneurs From Rags to Riches

We, Filipinos are valued for being a naturally hard working and dedicated. This is a common trait among the race, which is why it shouldn’t be that difficult for one to climb up the ladders of success.

If you’re an aspiring Filipino entrepreneur looking for the right success tips to get you to the place that you want to be in, the stories of the owners of the most successful businesses in the Philippines could be the right motivation for you. Luckily, there are tons of these happy endings that you can look up to and even emulate to carve your path to wealth and success.

One of the most inspiring stories is of  Tony Tan Caktiong, the founder and current CEO and chairman of the most famous fast food chain in the Philippines, Jollibee. He started out really small, with just a two-outlet ice cream parlor in Manila. When he decided to expand his ventures, he decided to copy the model of companies like McDonald’s or Wendy’s. Tony Tan knew that he cannot compete with such global brands, but he still made it a point to develop his name and brand. Instead of franchising, he built the Jollibee “Empire” from scratch, but it worked well, which makes him one of the biggest Filipino entrepreneurs today.

Another excellent Filipino entrepreneur success story is of Manuel V. Pangilinan. The simplest billionaire man for me. I've always seen Him on TV wearing jeans and shirts. Also commonly known as Manny Pangilinan or more popularly as MVP, Pangilinan is the chairman of the Philippine Long Distance Telephone Company from 1998 up to present. He is also the owner of the TV5 network, as well as the Smart Communications and Cignal Digital TV.



MVP is one of those who have the rags to riches tales. He was from a poor family, but due to his hard work and intelligence, he managed to get scholarships to prestigious schools like San Beda and Ateneo. These two traits also helped him reach his stature today, even if he started from a bus and jeep riding student.

If you want to make your venture one of the best businesses in the Philippines, you should be ready to work for it. You can start by reading the inspiring stories of these successful Filipino entrepreneurs where you can pick a lot of success tips from their experiences and tales. These folks are more than happy to share their success stories, so make sure to take advantage of it and fashion your own triumph after theirs.