Every businessman has gone through hardships before they achieve success. They believe in their own philosophies in life. But what really is philosophy? By definition, philosophy is the study of the theoretical basis of a particular branch or experience. Or in layman’s terms, it’s your beliefs or the way you view things. We need to understand philosophy because it teaches us life skills. Not just head knowledge but how can we apply it to boost our emotional intelligence.
If you have the right philosophy, it helps you to think outside the box, it clarifies or widens our thinking, and at the same it also helps us to self-reflect between what’s right or wrong. Philosophy will dictate your way of thinking or in other words, wrong philosophy-wrong way of living, right philosophy-right way of living. In this article, we will share with you the 5 most prosperous business people in the Philippines, their brief origin stories, and how you might develop the abilities required to achieve success in a similar manner through their philosophies.
“There is no such thing as overnight success or easy money. If you fail, do not be discouraged; try again. When you do well, do not change your ways.”
Backstory:
Henry Sy was raised in a low-income family in Jinjang, Xiamen, China. They emigrated to the Philippines in 1936 and established a small convenience store in Manila as a result of difficulties in their native country.
A short while afterwards, World War II started, which destroyed the family enterprise. Contrarily, Sy persisted in pursuing his economic ambitions by offering used combat boots and other products to American soldiers. It was the first shoe store in Manila at the time, which is where the term “Shoe Mart” came from. Sy searched for suppliers who could create the shoes he wanted but was unsuccessful.
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