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What is ENTREPRENEURSHIP?
has traditionally been defined as the process of
designing, launching and running a new business,
which typically begins as a small business, such as a
startup company, offering a product, process or
service for sale or hire. The people who create these
businesses are called entrepreneurs.
Larry Page
Chief Executive Officer of Alphabet

"If you're changing

the world, you're
working on
important things.
You're excited to get
up in the morning."
-an American Computer scientist
and a internet entrepreneur who
co-founded Google with Sergey
Brin.
-As of March 2017, Page is the 13th
richest person in the world, with an
estimated net worth of
US$40.7 billion.
-Page is the inventor of PageRank,
Google's best-known search
ranking algorithm.
- Page received the Marconi Prize in
2004.
Page was born March 26, 1973 in East Lansing, Michigan.His moth
er was Jewish,and his grandfather later made aliyah to Israel,altho
ugh Page does not follow any formal religion.His father, Carl Victo
r Page, Sr., earned a PhD in computer science from the University
of Michigan in 1965, when the field was being established, and ha
s been described by BBC reporter Will Smale as a "pioneer in com
puter science and artificial intelligence."He was a computer scien
ce professor at Michigan State University and Page's mother, Glor
ia, was an instructor in computer programming at Lyman Briggs C
ollege and at Michigan State University.
During an interview, Page recalled his childhood, noting that his house "was
usually a mess, with computers, science and technology magazines and Pop
ular Science magazines all over the place", an environment in which he imme
rsed himself. Page was an avid reader during his youth, writing in his 2013 G
oogle founders letter that "I remember spending a huge amount of time porin
g over books and magazines".According to writer Nicholas Carlson, the comb
ined influence of Page's home atmosphere and his attentive parents "fostere
d creativity and invention". Page also played saxophone and studied music c
omposition while growing up. Page has mentioned that his musical education
inspired his impatience and obsession with speed in computing. "In some se
nse I feel like music training led to the high-speed legacy of Google for me,". I
n an interview Page said that "In music you’re very cognizant of time. Time is
like the primary thing" and that "If you think about it from a music point of vie
w, if you’re a percussionist, you hit something, it’s got to happen in milliseco
nds, fractions of a second".
Page was first attracted to computers when he was six years old, as
he was able to "play with the stuff lying around"—first-generation per
sonal computers—that had been left by his parents. He became the "f
irst kid in his elementary school to turn in an assignment from a word
processor".His older brother also taught him to take things apart and
before long he was taking "everything in his house apart to see how i
t worked". He said that "from a very early age, I also realized I wanted
to invent things. So I became really interested in technology and busi
ness. Probably from when I was 12, I knew I was going to start a com
pany eventually."
Page attended the Okemos Montessori School (now called Montessori Radmoor) i
n Okemos, Michigan, from 1975 to 1979, and graduated from East Lansing High Sc
hool in 1991. He attended Interlochen Center for the Arts as a saxophonist for two
summers while in high school. Page holds a Bachelor of Science in computer engi
neering from the University of Michigan, with honors and a Master of Science in co
mputer science from Stanford University.While at the University of Michigan, Page
created an inkjet printer made of Lego bricks (literally a line plotter), after he thoug
ht it possible to print large posters cheaply with the use of inkjet cartridges—Page
reverse-engineered the ink cartridge, and built all of the electronics and mechanic
s to drive it. Page served as the president of the Beta Epsilon chapter of the Eta Ka
ppa Nu fraternity, and was a member of the 1993 "Maize & Blue" University of Mich
igan Solar Car team. As an undergrad at the University of Michigan, he proposed t
hat the school replace its bus system with a PRT System which is essentially a dri
verless monorail with separate cars for every passenger.He also developed a busi
ness plan for a company that would use software to build a music synthesizer duri
ng this time.
Sergey Brin
President of Alphabe
-a Russian-born American co
mputer scientist, internet ent
repreneur, and philanthropist
.
-Together with Larry Page, he
co-founded Google.
-Brin is the President of Goo
gle's parent company Alphab
et Inc.
-As of March 2017, Brin is the
13th richest person in the wo
rld, with an estimated net wor
th of US$39.8 billion.
Internet entrepreneur and computer scientist Sergey Mikhaylovich Brin was born on August 21, 1973,
in Moscow, Russia. The son of a Soviet mathematician economist, Brin and his family emigrated to
the United States to escape Jewish persecution in 1979. After receiving his degree in mathematics
and computer science from the University of Maryland at College Park, Brin entered Stanford
University, where he met Larry Page. Both students were completing doctorates in computer science.

As a research project at Stanford University, Brin and Page created a search engine that listed results
according to the popularity of the pages, after concluding that the most popular result would often be t
he most useful. They called the search engine Google after the mathematical term "googol," which is
a 1 followed by 100 zeros, to reflect their mission to organize the immense amount of information avail
able on the Web.
After raising $1 million from family, friends and other investors, the pair launched the company in 1998
. Headquartered in the heart of California's Silicon Valley, Google held its initial public offering in Augu
st 2004, making Brin and Page billionaires. Google has since become the world's most popular search
engine, receiving an average of more than a trillion searches a day in 2016.
Sam Walton
American Businessman

"Outstanding leaders g
o out of their way to bo
ost the self-esteem of th
eir personnel. If people
believe in themselves,
it's amazing what they
can accomplish."
-an American busi
nessman and entr
epreneur best kno
wn for founding th
e retailers Walmart
and Sam's Club.
A pioneering businessman who broke convention and showed that large discount stores could thrive i
n small, rural areas, Samuel Moore Walton was born March 29, 1918 in Kingfisher, Oklahoma. He wa
s the first son of Thomas Walton, a banker, and his wife, Nancy Lee. Early in his life Walton and his fa
mily moved to Missouri, where he was raised. An able student and a good athlete, Walton quarterback
ed his high school football team and was an Eagle Scout. Upon his graduation from Hickman High Sc
hool in Columbia, Missouri, in 1936, his classmates named him "most versatile boy." After high school,
Walton stayed close to home and enrolled at the University of Missouri in Columbia, where he graduat
ed with a degree in economics in 1940.

In 1962 Walton opened his first Wal-Mart store in Rogers, Arkansas. Success was swift. By 1976 Wal-
Mart was a publicly traded company with share value north of $176 million. By the early 1990s, Wal-M
art’s stock worth had jumped to $45 billion. In 1991 Wal-Mart surpassed Sears, Roebuck & Company t
o become the country’s largest retailer.
Walton was responsible for a lot of the success. His vision of a discount retail store in rural areas was
accompanied by the founder’s hard-charging, demanding style. Walton, who often began his work day
s at 4:30 in the morning, expected results from those beneath him, and wasn’t afraid to change course
or reshuffle his personnel if he didn’t like the numbers that came back to him.
Even in the grips of a recession, Walton’s stores proved successful. In 1991, as the country was mired
in an economic downturn, Wal-Mart increased sales by more than 40 percent. But that success also m
ade Wal-Mart a target, especially for small-town merchants and other residents who argued the giant
chain was wiping out a community’s smaller stores and downtown retail. Walton, however, tried to me
et those fears head-on, promising jobs and donations to local charities, which the company often deliv
ered in some fashion.
John Gokongwei
Business Magnate

"The mark of true

entrepreneur is
having the
courage to rise
above adversity. "
-is a Filipino business magna
te, investor, and philanthropi
st. He has holdings in teleco
mmunications, financial servi
ces, petrochemicals, power g
eneration, aviation and livest
ock farming.
- As of 2015, Gokongwei is th
e second richest entrepreneu
r in the Philippines, with a net
worth of over $5 billion, ranki
ng behind Henry Sy
John Gokongwei, Jr. was born in China to a Filipino-Chinese father who was a scion of a wealthy
Cebu-based family, with ancestral ties to China's Fujian province. His patrilineal great-grandfather was
Don Pedro Lee Gotiaoco, a wealthy Chinese immigrant tycoon who was once the largest taxpayer in
Cebu.The family fortune was lost when his affluent father died. John was 13 years old at this time. He
initially supported his family by peddling items along the streets of Cebu from his bicycle.[3] From
the age of 17 to 19, he traded using a wooden boat, taking items to Lucena by sea, and then to
Manila by truck.
After the Second World War, he started his own company called Amasia, which imported textile remna
nts, fruit, old newspapers, magazines, and used clothing from the US. During this time, he courted a y
oung girl, Elizabeth, who would later become his wife. In the early 1950s, along with his brothers and
sisters who returned from China, he started to import cigarettes and whiskey too.
In 1957, seeing that trading would always have low margins and would always be dependent on gover
nment policies, the family concern entered the era of manufacturing. With a loan of 500 thousand pes
os from Albino Sycip, then chairman of China Bank, and DK Chiong, he started a corn milling plant pr
oducing glucose and corn starch. The company was named Universal Corn Products and later expan
ded into Universal Robina Corporation. San Miguel Corporation was a big customer of theirs.
In 1961, as his company started to launch brands such as Blend 45 (an instant coffee brand, to comp
ete with Nestle's Nescafe), John returned to school to study and obtain an MBA at the De La Salle Uni
versity. A decade later, he underwent a 14-week advanced management program at Harvard.

He is the chairman of JG Summit Holdings, one of the largest conglomerates in the Philippines. In 201
0, his company signed a $3billion order with Airbus for refleeting of his airline, Cebu Pacific Air. From
2003 his telecom company Digital Telecommunications Philippines spent nearly $800 million for its mo
bile carrier, Sun Cellular which is the 3rd largest mobile operator in the Philippines at that time before
selling to the PLDT group for $1.7 billion. He attempted a $1 billion takeover of United Industrial Corpo
ration Ltd (UIC), a property giant from Singapore of which he owned in excess of 30%.
UIC controls Singapore Land, one of the biggest property landlord in Singapore.
In 2013, his company bought the stake of San Miguel Corporation in MERALCO, the largest power dis
tributor in the country, for close to $1.8 billion.
Gokongwei also owns Universal Robina Corporation, one of the largest manufacturer of snacks in So
utheast Asia. In July 2014, URC acquired Griffin's Foods from Pacific Equity Partners, a New Zealand
food company for $609 million.
He also controls Robinsons Land, one of the biggest property developers in the Philippines, which als
o operates a chain of malls. The Gokongwei Family controls over $20 billion of combined market capit
alization for all the companies they own.
In February 2008, Forbes Asia magazine’s first Heroes of Philanthropy list included 4 Filipinos – Jaime
Zobel de Ayala, John Gokongwei, Ramón del Rosario Jr., and Óscar López.The list is composed of 4
philanthropists each from 13 selected countries and territories in Asia.
Andrew Gotianun
Entrepreneur (1927-2016)

“I’m always a
dreamer. I dream
and envision what to
do.”
-was a Chinese Filipino entrepreneur fr
om the Philippines who had a net worth
of US$900 million in 2015. He ran the
Filinvest Development Corporation
which owns most of Filinvest Land, Inc.
and EastWest Unibank.
-As of 2008, his fortune has decreased
sharply to $235 Million, a result of the g
lobal financial downturn but in 2014 his
back to the billionaire ranks with a
fortune over $1 billion according to For
bes.
Gotianun and fellow businessman John Gokongwei are distant cousins and members of the notable G
o clan in Cebu. Gotianun's grandfather was a half brother of Gokongwei's great-grandfather. His son,
Andrew Gotianun Jr., is the vice-president of Filinvest Land

Gotianun made a living from salvaging ships at the end of the Second World War. Several years later,
he became involved in an automobile dealership. Later still, in 1955, he founded Filinvest Developmen
t Corporation a company which became engaged in real estate in 1967. Gotaniun and his wife, Merce
des, temporarily retired from business activities in the 1980s but returned a short time later, with a pla
n to make improvements to the corporation.He is among those honored at the BizNewAsia Real Estat
e Who is Who (BREW) awards.
 Sources:

• https://en.wikipedia.org/wiki/Andrew_Gotianun
• https://en.wikipedia.org/wiki/John_Gokongwei
• https://www.biography.com/people/sam-walton-9523270
• https://www.biography.com/people/sergey-brin-12103333
• https://en.wikipedia.org/wiki/Larry_Page