Who is Henry Sy? Is it rich and successful? If so, why talk about him? Why not just enjoy the achievements of Donald Trump from Segrt or Warren Buffett, from Nebraska?
Henry Sy inspired millions of people from the Philippines and around the world for building his business empire; how he created a "phenomenon of malling" and transformed the experience of buying in the Philippines.
Henry was born in China. Poor and despicable at the age of 12, his family moved to the Philippines looking for a greener pasture. In the beginning, he founded a small retail store aimed at a better life. After the Second World War, he opened several shoe stores. Inspired by his early successes, in 1958, he began trading Shoemart and later department stores.
Through perseverance and hard work, he gradually expanded his stores to shopping centers to capture a larger market. When he planned to build the first mall, many people, including bankers and business people, felt that this was not a good idea, especially as the Philippines went through the crisis. But he followed his vision and his first mall was a huge success.
And now, Henry's companies own large banks, real estate business and several major shopping centers in the Philippines and China. In fact, three of its centers in Metro Manila are among the top 10 largest shopping centers in the world.
In 2008, Forbes magazine named it one of the world's billionaires, and the richest in the Philippines with a net worth of $ 3.1 billion. Wow! Not bad for someone who started with almost nothing.
What are Henry's Secrets of Success?
Teresita Sy-Coson, Henry's eldest daughter who runs his numerous jobs, has discovered her formula for success. In one of her speeches (printed on Philippine Daily Inquirer, September 2004), she stated that Henry has 14 success strategies: 1. Leadership 2. Integrity 3. Vision 4. Focus 5. Passion 6. Hard work 7. Sustainability 8. Optimism Trust 10. Discipline 11. Organization 12. Mission 13. Social Responsibility and 14. Recognition of Opportunities. Do you have Henry's qualities?
Below you will find questions about Henry's Secrets of Success. Read each one carefully and give honest answers.
Are you willing to be different? Are you ready to establish a brand that represents who you are or who shows how unique your business is? Are you ready to make the necessary, yet painful decisions to help your business?
Can people trust you? Can you trust yourself? Do you mean what you say and what do you mean? Do you go on a conversation? Do you keep your promises?
Do you have a long-term plan? Do you see yourself or your job in 15 years? Or for 50 years? Have you taken the necessary steps to achieve your goals?
Are you fully focused on the realization of your dreams? Are you trying to ignore interference? Do you tactically deal with people who spend time?
Do you have a burning desire for success? Do you enjoy enjoying success despite injuries, frustrations and losses? Are you passionate about what you are doing?
On Hard work
Are you willing to give additional hours for sale or to create a better product or to improve your work? Do you do your best to improve your business or your business?
Do you persevere against all the looks? Are you staying on the course despite the negativity of your community or problems in your family? Do you feel encouraged to do better because of your losses and failure?
If you answer Yes On all these questions, then you have what you need to be successful as Henry Sy.