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Edgar Sia – Mang Inasal

Hailing from Iloilo City, Edgar Sia dropped out of college to pursue his own laundry and
photo-developing business at the age of 19. In 2003, 26-year old Sia decided to open the
barbecue fast food restaurant Mang Inasal—Ilonggo for “Mr. Barbecue.” The first branch was
built at a mall parking lot in his home city.
The restaurant took off. When Tony Caktiong heard about Sia’s burgeoning business, he
decided to buy Mang Inasal for a total of P5 billion. Sia eventually put the sales of Mang Inasal
to other investments like banking and healthcare. At 42, he’s considered the country’s youngest
billionaire.
No age is chosen for your business to be successful. Just in perseverance and length of
patience. In Edgar Sia's story, he was very young when he set up a business, with the amount of
trials he went through, he also became successful in the end. I also want to build my own
business but I can't think of anything and no investment.

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