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One of my favorite entrepreneurs Henry Sy so let's take a look at his life before and the path

that bring him to success, Henry Sy, who comes from a low-income family in Quanzhou, China, was not
born with a silver spoon in his mouth. When he was twelve years old, Sy immigrated to the Philippines
and began working at his father's modest sari-sari shop in Quiapo, Manila. As the Second World War
broke out, their tiny store was destroyed by fire, forcing Henry's father to leave for China. He insisted on
remainingng, steadfastly determined to succeed here in the Philippines rather than go to China with his
father. Left with only 10 cents in his pocket, Sy started to empower himself by studying commerce and
learning English and the Filipino language at the same time. He began selling GI boots surplus. Sy
focused on trading shoes at the onset which lead him to discover local suppliers and explore importing
shoes to be able to cope with the supply and demand chain. He wed a fellow Chinese immigrant woman,
and they were blessed with six children. Henry's wife Felicidad assisted Sy throughout the entire
business procedure. Felicidad sells lace in Manila, and she gave Sy the idea to add more goods and items
to his Shoe Shop. Henry Sy began selling shoes on the streets of Manila in the sweltering heat and
freezing rain, and it was by no means an overnight success. In the past, Sy was wounded by shrapnel and
on the verge of death from excessive bleeding. Someone helped him, and in return, that person became
his friend, and, out of gratitude, he joined him in business. As a result, Sy is now successful. Although
there were several challenges throughout the startup phase, they were all conquered one step at a
time. He owned the Bdo, Sm or shoe mart, and many others. Sy didn't mind running the risk of going
international as long as the success keeps up. The first SM Mall ever opened in China in 2001. With six
branches in the following regions: Chengdu, Xiamen, Suzhou, Zibo, Chongqing, and Jinjiang, Branches in
China are still growing. With a long-standing connection with local and international brands and
suppliers, SM Primes in China maintains a high level of occupancy. In 2016, SMDC also began to explore
China. The Silk Residence in Chengdu, China, was the name of their China project. At the age of 93,
Chairman Emeritus Henry Sy was able to win numerous awards and recognition in the business world,
particularly in retailing and banking as well as in his management skill. This global step for SMDC was a
strong testament to the company's firm commitment to developing world-class projects that are well-
acknowledged by the international target market. The family's second generation has taken over the
company and is carrying on the history that their father started. What matters in business is how much
commitment and determination you will put into it, not how much money you have in your pocket. Your
dedication to what you're doing and your labor of love are both priceless. I franchise phi. (2020).

So these are the top 3 characteristics of Henry Sy that bring him to have a successful life for the first one
is working smart not hard Henry can handle difficult situations and solve them, and he is good at
decision-making like going or not going Henry was ready to take the risk whether it can cause bad or
good. The second one is to think outside the box and be a confident person it makes a person more
productive about actions. The third one is Leadership be a good leader to your members or employee
can bring to your success like no hatred and betrayal, be a good leader by sharing knowledge and
learning from experience than you for reading and have a nice day.

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