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Monday, September 29, 2008

Henry Sy: From a Shoe Salesman to a Billionaire Tycoon

Who among us will not know Henry Sy who is the owner of the largest mall chain in the Philippines, the SM Super Malls. At present SM had more than 30 malls nationwide and probably one of them is the largest mall in South East Asia or even Asia. Two of the current malls, SM Mall of Asia and now SM North EDSA are astonishing towers of commercial economy and a token of stature for Henry Sy. But little did we know that this billionaire was once a simple shoe salesman. How did a simple man become Nouveau Riche and have a net worth of $3.6 Billion?

Henry Sy was a visionary. He was not like the ordinary Filipino of today who want to reach the top in an instant. He had a vision beyond today and tomorrow... a vision that sees the goal beyond the years. So how did he do it? The answer is simple, through plain hard work, a minimum of 12 hours a day, and of course not over pricing his products but instead selling it at an affordable cost to the most number of customers.

In the 2001 list of Nouveau Riche, his name cannot be found but am sure today Henry Sy would be there. He is the seond wealthiest individual in the Philippines, next to Lucio Tan. Sy is considered a Tai-Pan or tycoon of Asia. As of 2006, Forbes magazine ranked him as the 14th richest person in Southeast Asia; "Henry Sy and family" is ranked the 74th richest in the "Asia and Australia" region, and 512th richest in the world.

It is not easy to be successful but with dedication and hard word there will always be success at hand. All of us are hard working and I do not believe that the Filipinos are lazy. Some of us just fails to see the opportunity behind all the hardships that we are facing. If you want to be successful bring out the best in you or you can check out this Nouveau Riche ventures as well for your reference.

Just a piece of advise though... aim to be rich not only because of personal reasons but because yoy also want to uplift our country and our fellowmen.

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