Personal Development, Business, Finance, and Investing for Everyone
An investment in knowledge always pays the best interest.
The late John Gokongwei, Jr., often known as "Big John," passed away in 2019, yet his legacy and business wisdom live on in other business owners.
Did you know that John Gokongwei, Jr., started his entrepreneurial career with a bicycle?
The most important factor of all for long life is a good family.
Who is John Gokongwei, Jr.?
John Gokongwei, Jr., who was born in Fujian, China, in 1926, was raised in Cebu City by affluent parents. While his father started a movie theater business, his grandpa, Pedro Gotianco, was a prosperous owner of agricultural mills in the area.
However, Gokongwei's lifestyle shifted from one of luxury to poverty with the start of World War II and the passing of his father when he was only 13 and left with nothing. As the eldest child, he had to be the man of the house to support his family. He had to quit going to school, and he rode his bike to the market every morning, where he sold peanuts, soap, candles, and other items on consignment on Cebu's streets in order to make ends meet.
Later, he transported his goods to Manila by ferry and sold them there. He kept doing this until he had saved enough cash to open his own shop.
John Gokongwei Jr. has passed away at the age of 93. Today, John Gokowei, Jr., inherited these business units and affiliates that belong to his family, and they continue to grow: Universal Robina Corporation, Robinsons Land Corporation, Cebu Air, Inc., Robinsons Bank Corporation, and JG Summit Holdings, Inc. JG Summit Olefins Corp., PLDT, Inc., Manila Electric Company, Gotyme Bank, and SingaporeLand.
How did he achieve them? Here are some pieces of wisdom from Big John.
Family and Relationships
The most important decision you have to make
Investing and Business
Remember the story of David and Goliath?
Ground zero meant living by our wits alone;
Personal Growth and Development
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.