This document profiles John L. Gokongwei Jr., one of the richest entrepreneurs in the Philippines. It discusses his early life growing up in China and immigrating to the Philippines. It outlines his career founding JG Summit Holdings, which spans from starting small businesses like a bike shop to establishing major manufacturing plants and brands. It also shares some of Gokongwei's business philosophies, including the importance of having a vision, evaluating opportunities, finding the right people, and continually improving or discontinuing underperforming businesses. The document emphasizes that entrepreneurship requires hard work, flexibility, integrity, and boldness to take risks and seize opportunities.
1. A special report on John L. Gokongwei Jr. TS Entrepreneurship Prof. Jorge Saguinsin R090204
2. John L. Gokongwei Jr. “… I chose to live my life unafraid even during times when I WAS afraid. I discovered that opportunities don’t find you. You find your opportunities.” “ Call it trite – but believe me, success CAN BE achieved through hard work, frugality, integrity, responsiveness to change, and most of all, the boldness to dream”
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4. The Story of Mr. John EARLY YEARS BIKE AGE BATEL AGE TRADING AGE MANUFACTURING AGE AGE OF BRANDS AGE OF DOMESTIC EXPANSION AGE OF GLOBALIZATION
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8. “ Entrepreneurship is not for the weak of heart. There is no easy path to success. You will need to work harder than your employees, to keep your mind sharp, and to face your inner fears. In the end, entrepreneurship is not only finding opportunities to create value in the business sense, but also finding the opportunities to be your best self.” John L. Gokongwei Jr
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Editor's Notes
JG Summit Holdings, Inc. is one of the largest and most diversified conglomerates in the Philippines with business interests in: Air Transportation, Banking, Food Manufacturing, Hotels, Petrochemicals, Power Generation, Real Estate and Property Development, Telecommunications. JG Summit is the holding company of Digitel Philippines, Sun Cellular, Cebu Pacific, JG Summit Petrochemical Corp, Robinsons Bank, Robinson’s Land Corporation, United Industrial Corporation and Universal Robina Corporation
Born to a rich Chinese-Filipino family and lived a life of privilege for the first 13 years of his life.