History of Opportunity PDF

HISTORY OF OPPORTUNITY Presented by: Daness Aliah Karyl Licong HISTORY OF OPPORTUNITY People (the term entrepreneur is not yet coined) created value by exploiting every opportunity created by numerous changes occurred which was influenced by sumptuous factors. Also, human survival played a crucial...

HISTORY OF OPPORTUNITY Presented by: Daness Aliah Karyl Licong HISTORY OF OPPORTUNITY People (the term entrepreneur is not yet coined) created value by exploiting every opportunity created by numerous changes occurred which was influenced by sumptuous factors. Also, human survival played a crucial role in the evolution of opportunity and the creation of value from it since it prompts them to believe that entrepreneurial activity enables them to increase the chance of surviving the world that is full of uncertainties and risks CREATING VALUE FROM DIFFERENT PERIOD THE HUNTER'S AGE (PANAHON NG PANGANGASO) THE WARRIOR'S AGE (PANAHON NG MANDIRIGMA) THE CRAFTMAN'S AGE (PANAHON NG MANLILILOK)  XPLORER'S AGE (PANAHON NG MGA E MANLALAKBAY) SEDA (SILK) PAMPALASA (SPICES)  ERCHANT'S AGE (PANAHON NG M MANGANGALAKAL) MERCHANDISE AGE (PANAHON NG MEKANIKASYON) INDUSTRIALIZATION AGE (PANAHON NG INDUSTRIALISASYON) OIL AGE (PANAHON NG LANGIS) CORPORATE'S AGE (PANAHON NG KORPORASYON) FINANCIAL AGE (PANAHON NG PINANSYAL) INFORMATION AGE (PANAHON NG IMPORMASYON) START-UP AGE: Israel became known as "Made in Israel: Water" by transforming its severe water scarcity into a story of innovation and self-sufficiency. A Need for Solutions: Recognizing the Water Crisis Problem: Israel is located in an arid region with low rainfall, limited freshwater sources, and a growing population. Impact: This early recognition of limited resources motivated Israel to find ways to make the most of every drop of water available. Innovation in Agriculture: Development of Drip Irrigation Breakthrough: In the 1960s, Israeli engineer Simcha Blass developed drip irrigation, a revolutionary method of delivering water directly to the roots of plants. Outcome: Drip irrigation allowed Israel to grow crops with minimal water, making agriculture possible even in arid regions. This innovation not only transformed Israeli agriculture but became a global solution for water-scarce areas. DRIP IRRIGATION Desalination Plants: Turning Seawater into Freshwater Investment: With freshwater supplies still scarce, Israel invested heavily in desalination technology, building large- scale plants along the Mediterranean coast. Results: These plants remove salt from seawater, making it drinkable and supplying almost 85% of Israel’s household water. This allows Israel to be largely independent of rainfall for its drinking water. Desalination is the process of removing salt and other minerals from seawater to make it suitable for drinking and other uses.  Wastewater Recycling: Reusing Water for Agriculture System: Israel developed advanced wastewater treatment facilities that clean used water, enabling it to be recycled for irrigation. Achievement: Today, Israel recycles over 90% of its wastewater—more than any other country in the world—making it available for agricultural use and reducing strain on freshwater resources. Wastewater recycling in Israel is a critical process that allows treated water to be safely reused, mainly for agricultural irrigation. Israel is a world leader. Efficient Water Management and Education National Policies: Israel established strict national policies to prevent water waste, such as encouraging water-saving technologies and promoting public awareness. Education: Citizens are educated on the importance of water conservation from a young age, creating a culture of water responsibility. Global Leadership and Technology Export Sharing Knowledge: With its technology and expertise, Israel now helps other countries address their own water challenges. Israeli companies and experts provide water solutions globally, making Israel a respected leader in water management. Impact: Israel's technology is now used in dozens of countries, addressing water scarcity and helping make agriculture possible in arid regions worldwide. Elon Musk: How I Became the Real 'Iron Man' ABOUT ELON MUSK Elon Musk is a South African-born entrepreneur and engineer, best known for founding SpaceX, Tesla, and co-founding PayPal, and etc. with a focus on advancing technology in space exploration, electric vehicles, and renewable energy. HOW HIS BUSINESS STARTED In 1999, Elon Musk co-founded X.com, an online payment company aimed at simplifying digital payments; it later became PayPal. After selling PayPal, Musk founded SpaceX in 2002 to pursue affordable space exploration and make humanity multi-planetary, overcoming many challenges to innovate in reusable rocket technology and secure NASA contracts. In 2004, Musk joined Tesla Motors as chairman, helping it evolve from a small electric vehicle startup to a global leader in EVs. FINANCIAL HARDSHIPS DOUBT TECHNICAL SETBACKS INTENSE PUBLIC JUDGEMENT HOW ELON MUSK BECOME SUCCESSFUL Elon Musk became successful through a combination of relentless innovation, calculated risks, and the ability to learn from failures. Musk’s success lies in his bold vision for the future, his willingness to invest everything into his ideas, and his resilience in the face of setbacks, turning ambitious dreams into groundbreaking technologies that have transformed multiple sectors. ELON MUSK ADVICE OR LESSONS FOR OTHER ENTREPRENEURS Elon Musk's advice for entrepreneurs centers on the importance of passion, perseverance, and an unwavering focus on solving big problems. He encourages aspiring entrepreneurs to choose ventures that genuinely excite them and align with their core values, as passion is essential for pushing through the inevitable challenges. One of Elon Musk's popular quotes: "When something is important enough, you do it even if the odds are not in your favor." Co-founder of Alibaba Group: JACK MA “Mistakes are income; they’re a wonderful revenue” ABOUT JACK MA - Chinese entrepreneur and co-founder of Alibaba - Grew up in poverty, faced many challenges -Former english teacher - Rejected by 30+ jobs, including KFC - Known for his perseverance and determination on to earn an Associate of Arts degree from Far Eastern University. FOUNDING OF ALIBABA - Founded in 1999 with limited funding - Started with 17 friends and colleagues - Struggled to convince investors, but borrowed money to launch - Mission: help small businesses connect globally, democratizing e-commerce OVERCOMING OBSTACLES AND EARLY FAILURES - Faced lack of funding, competition, and rejections - Operated at a loss for several years - Believed setbacks would turn into lessons  INSPIRATION AND MOTIVATION - Inspired by the vision of empowering people through technology -Focus on customer-first philosophy -"Customer first, employees second, shareholders third" SUCCESS AND KEY LESSONS FOR ENTREPRENEURS - Alibaba went public in 2014, one of the largest IPOs in history - Success driven by learning, adaptability, and resilience - Advice: Resilience, teamwork, and mentorship The Alibaba logo is a ADVICE FOR YOUNG PEOPLE AND ENTREPRENEURS lowercase "a" that contains - Stay hopeful, work hard, embrace failure the face of a satisfied - Find a supportive team and mentor customer. - Work for a good boss rather than a prestigious company REFLECTION ON HIS ACCOMPLISHMENTS - Wealth and status are secondary to purpose and legacy - Focus on giving back and supporting future entrepreneurs - Positive change in society is more important than financial gain FRITZ CAPULONG “Frito King” ABOUT FRITZ CAPULONG - Fritz Capulong started his business, Frito King, in his 40s, showcasing that it’s never too late to pursue a new career path and find success. - Known for his persistence, Capulong built Frito King by believing in the value of hard work and dedication. FRITO KING’S UNIQUE PRODUCT APPROACH - Frito King differentiates itself by prioritizing the taste and quality of its products. - Capulong developed a unique preparation method to ensure his food’s flavor stands out, focusing on freshness and distinct taste. GROWTH AND CHALLENGES - Starting with limited resources, Capulong faced challenges with scaling up and brand recognition. -Through consistency in quality, Frito King built customer trust and expanded over time. FRITZ’S TIPS FOR ASPIRING ENTREPRENEURS Customer Satisfaction -Always prioritize customer experience, ensuring every product meets high standards. Perseverance -Remain resilient even in challenging times. Consistency - Develop a solid reputation by consistently delivering quality. FRITO KING TODAY -Today, Frito King is recognized for its quality products and has a loyal customer base. -Capulong’s story serves as an inspiration, demonstrating that with dedication, it’s possible to start a successful business at any stage in life. TRINING CLIMACO “ Junkyard Queen” “ May pera sa basura ”  Story of Trining Climaco From Aklan, Trining was brought to San Aklan -> Manila Juan, Manila by her Tita to live their and help with work in their junkshop where she worked for 12 years. One day, while collecting garbage, she met someone whom she would live her life with, they got married and had 8 kids Marriage together. They moved out from her Tita’s house to Own junkshop start their own junkshop as this was something they could do despite the financial restraints. They both started collecting garbages, sorting through them, and selling them to bigger junk shops until they could afford Buy & Sell to buy kariton and hired workers to collect garbage for them. Now, their junk shop business is still Success improving and their junk shop is still expanding and getting bigger, and their lives has improved.  BUY SELL PROFIT (per truck full) Newspaper / Kilo 5 php 6 php 1,500 php bakal = 1,500 php Bakal / Kilo 14 php 15.20 php yero = 2,400 php lata = 1,500 php 15 php 16 php plastic = 2,000 php Plastic / Kilo bottles = 2,000 php 4 php 5 php 900 php Karton / Kilo  KA REY HERRERA “ KINGS Herbal owner ” “ Kapag may itinanim, tiyak na may aanihin ”  Story of Ka Rey Herrera Growing up, he was forced to be a Many jobs done Farmer as they were very poor. Then he got to be a bus conductor and then a jeepney driver. He got married with many kids, struggling to make ends meet. Marriage Drinking maintenance for his high blood Diagnosed pressure and diabetes, at 46, he got diagnosed with stage 4 lymphoma cancer with only 3 months to live. While waiting for his death, his goats got Hopeless to his attention as he discovered that they didn’t get pests or gotten sick Hopeful Now, his herbal supplement is known Success nation wide, gooing from manual manufacture to Factories with workers and farms for his herbal ingredients.  THE BOSS: HENRY “ TATANG “ SY, SR. ABOUT HENRY Henry Sy, Sr. also known as Tatang, was a prominent Filipino businessman and philanthropist who founded SM investments corporation. He completed his secondary education in Manila and went on to earn an Associate of Arts degree from Far Eastern University. LIFE Born in Xiamen, China in 1924, Sy moved to the Philippines with his family at age 12. He started out with a small shoe store in Manila in 1958 and built one of the largest conglomerates in the Philippines.. Sy died in Manila on January 19, 2019 at the age of 94. LEGACY Sy was known as the richest Filipino, the King of Retail, and a business icon. He was also the Honorary Chairman of China Bank. Sy's wealth history includes topping the Forbes Philippines Rich List for 11 years in a row, through 2018. REASON FOR THEIR BUSINESS Henry Sy Sr., a Chinese immigrant to the Philippines, started his business to escape poverty and improve his life. Sy established a small shoe store in Quiapo, Manila in 1958 called “Shoe Mart”. Limited resources: Henry Sy Early Setbacks: His first Economic Challenges: The grew up in poverty and did not business, a small shoe store, Philippine economy faced have access to the same faced several setbacks, difficulties, including the opportunities and resources as including selling rejected impact of World War II, others. This lack of resources and overrun shoes which led to the burning made it difficult for him to down of his father's pursue his entrepreneurial store dreams. Henry Sy, a entrepreneur, faced numerous setbacks and failures but never gave up. He had a clear strategic vision for his business, expanding into real estate, banking, and retail. His strong work ethic and support system, including his wife Felicidad, helped him navigate the challenges of entrepreneurship. Sy was adaptable, diversified his ventures, and set long- term goals. He also involved his family in his business, ensuring his success and growth. Henry Sy transformed "Shoe Mart" into SM Prime Holdings, a major conglomerate in the Philippines. His legacy includes SM Investments Corp., SM Prime Holdings Inc., and BDO Unibank. His children continue to innovate and expand. The Man Behind the Famous Bee (Jollibee) ABOUT TONY TAN CAKTIONG Tony Tan Caktiong is the founder and chairman of Jollibee Foods Corporation, one of the largest and most successful fast-food chains in the Philippines. LIFE Was born in a poor family who migrated from southeastern china to the Philippines. He became involved in the restaurant business from an early age when his father opened a restaurant. The restaurant became profitable with the help of all family members and this success enabled Mr. Caktiong to pursue a degree in chemical engineering in Manila. LEGACY Tony Tan Caktiong's legacy is multifaceted and profound. He transformed a small ice cream parlor into Jollibee Foods Corporation, one of the largest and most beloved fast-food chains in the Philippines and globally. His success story is a classic rags-to-riches tale, inspiring many aspiring entrepreneurs REASON FOR THEIR BUSINESS Tony Tan Caktiong's primary reason for starting his business was to create a successful and sustainable enterprise that could provide for his family and contribute to the community. His vision was to offer delicious, affordable food to the Filipino people and to build a brand that would be recognized and loved by many. In 1975, he used his savings to open an ice cream parlor called "Cubao Ice Cream House." Recognizing the potential of the fast-food industry, he soon pivoted and began offering hot meals, which led to the transformation of his business. Birth of Jollibee: In 1978, he rebranded his venture to "Jollibee," focusing on Filipino tastes. The brand quickly gained popularity for its unique menu items and family-friendly atmosphere. Product Development Cultural Differences Market Competition  Jollibee became a global brand with numerous outlets worldwide, known for its commitment to quality and customer satisfaction. Tony’s business acumen helped Jollibee compete with international giants like McDonald's. His story is not only about financial success but also about inspiring future entrepreneurs and giving back to the community through philanthropic efforts.