Assignment: LOCAL ENTREPRENEURS

Julia Ramon Gandionco 

Julie was exposed to general management and human resources at Diegs' family's sugar plantation in Leyte. However, when this did not give enough income, her husband decided to join Pepsi based in Bohol. When Julie got pregnant, she moved back to Cebu and put up a sari-sari store (convenience store) and a sewing business. Her sewing business expanded but whenever Diegs would be relocated (to Zamboanga and Ormoc) she would go with him as well as their children and her sewing business, starting all over again.

When finally Diegs resigned from Pepsi, they went back to the plantation in Dumaguete which they also left behind when sugar market dropped along with their livelihood. They decided to go back to Cebu and there, Julie ventured into catering 3 canteens. Her canteens were popular with the bread they just order from bakeshops. One of the bakers suggested that she just open a bakeshop instead of ordering from others. Julie gave up her 3 canteens and thus came up the first Julie's Bakeshop in 1981. She was fifty years old.

Julie's Bakeshop already has 475 branches and outlets nationwide, the fruit of all the challenges she and her husband faced, determination and hardwork they have given.

Lucio Tan
Business Warrior With A Heart

     Lucio Tan (born July 17, 1934) is a prominent Filipino business magnate. He owns Asia Brewery, the 2nd largest brewer in the Philippines, Tanduay Holdings, one of the world's largest rum makers, Fortune Tobacco, the largest tobacco company in the country, Philippine Airlines, University of the East one of the most financially stable university in the Philippines in terms of assets, Philippine National Bank, the 5th largest bank in the country, Allied Bank the Philippines' 8th largest lender, Eton Properties Philippines the Global Real Estate brand of the Lucio Tan Group. These companies are just a few of some 300 companies that Mr. Tan controls. The total value of his business empire according to some estimates would not be less than US$20 billion, and he controls 40 to 60% of that.

Henry Lim Bon Liong 
President 
Sterling Paper Group of Companies 

     There's nothing that Henry values more than close relationships that can withstand difficult times. "During the time when all my other banks turned their backs on me, PBCom remained," he recalls. "When I was in need, the Bank was there. That is how I treasure my relationship with PBCom." 

     While the Sterling Paper Group is a big success story for 60 years now, it hasn't always been that way. The first few years were difficult. At a relative young age, Henry had to assume the presidency after his father, Lim Seh Leng, passed away. When the company's factory in Valenzuela burned down, other banks rejected his application to renew his credit line. At a time when he needed assistance the most to rehabilitate his plant and reinvigorate his business, PBCom was there to help. 
     At present, the Sterling Paper Group of Companies is an epitome of a well-run, highly-diversified venture. After finding success in paper products, Henry has turned his attention to agriculture, confident that he has the support he can count on."For generations, PBCom has supported our needs. In the same way, Sterling Paper Group has always been there for PBCom. It is a partnership that has grown over the years," he concludes.

ASSSIGNMENT : DO YOU UNDERSTAND? page 19

1.Do you think all the characteristics of a successful entrepreneur are equally important or are some more important than the others? Explain your answer.
    All the characteristics of a  successful entrepreneur are equally important because all of these enable us to do well in business and it also help us to become successful in other aspects of our life.

ASSIGNMENT page 6-9

What are the characteristics that helped James succeed?

                James is hardworking, confident, persevered, wise and clever

a.        How did James acquire his trait of being hardworking?

He came from a poor family but he want to be a professional woodworker so he work hard to reached it.

b.        What did he discover during his TLE classes in high school?

He discovered his skills in wood working

c.        What could have happened if James chose to work to another company rather than start his own business when he lost his first job?

It will take him a long time to be a successful owner of furniture companies.

Enumerate Marie’s characteristics that helped her become  entrepreneur

                Marie is hardworking, clever , creative and confident.

a.        What are the similarities between the stories of James and Marie?

Both of them are persevere to reach their dreams and now they are successful entrepreneurs.

b.        How did their educational training differ?

James did not able to go on college but Marie was able to go on to college.

c.        What made Marie’s business somewhat risky at first? How did she feel about it?

She decided to take a part time job as a freelance interior plants consultant. She was very happy to have discovered it.

d.        What common traits did Marie and James have  that helped them succeed as  entrepreneurs?

Both of them are hardworking, clever and confident.

ENTERTAINMENT

1.        SHARON CUNETA – Actress/ Commercial Model/ Franchiser

2.        MANNY PACQUIA – Boxer/ Congressman/ Businessman

3.        OSCAR LOPEZ – Owns ABS-CBN, controls media and broadcasting of his company

FOOD SERVICES

1.        EDGAR SIA – Owner Of Mang Inasal Restaurant

2.        JULIE GANDIONCIO – Owner of Julie’s Bakeshop

3.        ANTONINA CESAARIO – Owns Mila’s Lechon Restaurant

AGRICULTURE

1.        DANDING COJUANCO – Owns 6,000 hectares of farm in Negros/ CEO of San Miguel Corporation

2.        LITO ARENAS – Owns Mango farming in Pangasinan

3.        RODOLFO ABAS – Owns 100 hectares of land for corn farming

EDUCATION

1.        CARL BALITA – Owns review center

2.        PETER VALDEZ – Filipino Techno Entrepreneur

3.        RENATO P. LEGASPI – President of Central Luzon College Of Science and Technology, Olongapo City

    

.

ASSIGNMENT : Can You Understand? page 15

1:   Evaluate the different entrepreneurial characteristics under PECs. How do applying similar characteristics help us succeed in other areas of life? Explain your answer by giving examples.

A:   Applying the characteristics under PEC’s will help us deal with our problems easier. For example, as students if we develop our self confidence we can easily express ourselves and be competent in facing the social pressures and academic challenges that will come our way.

2:  Explain how having the Personal Entrepreneurial Competencies can help you become a successful entrepreneur.

A:  Using Personal Entrepreneurial Competencies as our guidelines or tools can make us successful because developing these attitude will help us achieve our purpose and our goals without difficulty and more quickly  as entrepreneurs.

ASSIGNMENT ENRICHMENT ACTIVITY page 10

      If I were an entrepreneur, I would be in the medical business because I want to serve people by selling and offering medicines that can help them be healthy and cure their diseases.

ASSIGNMENT #3

An entrepreneur has to have certain cultivated and inherent qualities in him or her in order to make a success of his or her venture. Not any person can be a successful businessman or woman. Hard work and determination to win have made many successful business people to reach their aspired goals.

Personal competencies of a successful businessman or woman

• Leadership qualities – A businessman or woman must be able to lead his or her staff members as well as other associates. He or she must be able to guide others in carrying out business and make a success of it.
• Decisive – A successful businessman or woman has to be very decisive. He or she has to take many decisions sometimes on the spur of the moment. Any vacillation in decisions could affect their business. They have to be very firm in their decisions. Also, while taking decisions they must not get influenced by others. They should be able to take decisions independently.
• Risk-taking – Business involves many risks, which a business person must not hesitate to take. Lot of financial involvement is there and obviously one has to be careful with investments. Yet risks have to be taken in money matters as well. Sometimes a businessman may lose out on his or her venture, but when he or she make a success of it then he or she has much to gain, both financially and from a personal satisfaction point of view.
• Confident – Achieving success in business requires confidence. A businessman or businesswoman has to be sure of him or herself about reaching the set targets of success. Diffidence does not help. Self-image is enhanced, when one is confident.
• Willingness – A businessman or woman must be willing to undertake any matters concerning their business venture. He or she must not hesitate for personal or other reasons. Willingness to extend a helping hand is very essential.
• Enterprising – One has to be enterprising in order to achieve significant results in business. He or she has to have the zeal to do things. A laid- back approach will not help.
• Innovative – New ideas help make a business venture successful. A successful businessman or woman must be innovative and always strive for something better. New concepts must be formulated and new ways of doing business must be thought of.

A businessman or woman has to very competent to achieve scale the ladder of success. Certain attributes are essential for him or her to establish their business on sound footing.

http://www.paggu.com/entrepreneurship/top-7-personal-competencies-of-an-entrepreneur/

ASSIGNMENT #2

Most of the food that is consumed is not eaten immediately after it is obtained. This creates a necessity to preserve the food and keep it from spoiling before it can be eaten. Different methods are used to ensure that food does not spoil..

 Refrigerators are an essential part of every  kitchen. While just about every home makes use of a refrigerator, most consumers know nothing about the history of refrigeration and the invention of the refrigerator.

Before mechanical refrigeration systems were introduced, people cooled their food with ice and snow, either found locally or brought down from the mountains. The first cellars were holes dug into the ground and lined with wood or straw and packed with snow and ice: this was the only means of refrigeration for most of history.

The first efforts that eventually led to the modern refrigeration process that continues to form the basis for the fridges that grace kitchens all over the world today. William Cullen of the University of Glasgow first developed a process to create an artificial cooling medium in 1748. At the time, there did not appear to be much interest in applying the medium to use in commercial or home applications, so the process created little in the way of interest beyond the scientific community. It would take the better part of a century before someone would apply the basic principles discovered by Cullen and create a design for a refrigerating machine.

Today, refrigerators are more of a necessity than a luxury. With needs for preservation, manufacturing, construction and comfort, refrigeration can be applied mainly to three different applications - domestic, commercial, and industrial refrigeration. Domestic refrigerators are used at home or offices to preserve food and keep drinks cool. Commercial refrigerators tend to be used at hotels, restaurants, stores, and large businesses. These facilities store, display, process, and dispense their products in refrigerators. Industrial refrigeration usually deals with manufacturing processes such as heat treatment, processing of food and textiles, photographic material and construction engineering. Applications such as ice plants, large food plants, oil refineries, and chemical plants are typically preserved or manufactured in industrial refrigerators. Often mistaken, many people believe that refrigerators lower original temperatures to cool the items in the fridge. Refrigerators actually contain an evaporating gas called a 'refrigerant'; this gas draws the heat away making the items, leaving them much cooler. A refrigerator typically includes two storage compartments, a frozen compartment and another compartment that requires refrigeration. Surrounded by heat-exchanging pipes and powered by a compressor, pure ammonia runs through the entire system. While the ammonia evaporates, the gas absorbs more heat, making the temperature rise. The cool ammonia then draws heat from the warmer items in the fridge but not as much from the freezer. After the gas is drawn back into the compressor, the entire cycle is run again. With numerous refrigerator manufactures such as Whirlpool, LG, Samsung and many more, several types of refrigerators are available in various sizes, colors, and designs. Portable refrigerators are also popular and are used in home bars, RVs, etc to store items in smaller quantities.

http://www.ehow.com/info_8336809_prevents-food-spoiling.html

http://www.wisegeek.com/who-invented-the-refrigerator.htm

http://popular.ebay.com/home-living/refrigerators.htm