Young Entrepreneurs in the Philippines

 Aloha Everybody!!! I'm back!!!

This past few weeks as I continue exploring my course, I have come to think of the young generations, like who are the young and successful entrepreneurs here in the Philippines. I've done my research and so far there are four of them. For today's blog let me share their stories because who knows maybe they will be the next powerful entrepreneurs in the line.

1. Alvin Ong, CEO of Fredley Group of Companies

        Alvin Ong, a young Filipino entrepreneur, has carved his path to success as the founder and CEO of the Fredley Group of Companies. His journey began humbly as he devoted himself to packing and assembling hangers to support his family. At the tender age of seven, he ventured into tutoring, displaying his eagerness to learn and share knowledge. Alvin oversees 180 restaurants and café branches across the Philippines, providing employment opportunities for over 1,000 individuals. The Fredley Group of Companies boasts an impressive portfolio of nine distinct brands, including renowned names such as Macao Imperial Tea, Nabe Japanese Izakaya and Hot Pot, 107 Co-working, Mitasu Yakiniku, New York Fries and Dips, Liang Crispy Roll, and Hosaku International Buffet. 

2. Venchito Tampon, CEO of SharpRocket and Hills & Valleys Cafe

      Venchito Tampon, a trailblazing entrepreneur from the Philippines, has made a remarkable impact in the digital marketing and food and beverage industries. As the founder of SharpRocket, a leading digital marketing company, Venchito has successfully served clients across the globe, helping them skyrocket their online revenue through effective SEO and social media campaigns. Not limited to the digital realm, Venchito’s entrepreneurial spirit also extends to the realm of coffee. He is the Founder and Business Developer of Hills & Valleys Cafe, a beloved coffee brand known for its premium quality, affordability, and exceptional customer service. With his strategic marketing initiatives, Venchito has strengthened brand awareness and enhanced the in-store experience, solidifying Hills & Valleys Cafe as a go-to destination for coffee enthusiasts.

3. Mica Tan, CEO of MFT Group 

        Mica Tan, a dynamic young entrepreneur, has emerged as a prominent figure in the Philippines as the founder of MFT Group, a highly successful private equity firm. At 19, Mica boldly embarked on her entrepreneurial journey, setting the stage for a remarkable career. Today, at 27, her firm operates in nine countries and 18 cities worldwide, amassing assets valued at over US$61 million. Throughout her journey, Mica encountered numerous challenges and was often underestimated, partly due to her petite stature of 5 feet 1 inch (155cm). However, she refused to let others’ opinions define her. Instead, she focused unwaveringly on delivering exceptional results, using her achievements as her ultimate testament during meetings and discussions. One of Mica’s notable accomplishments is her strategic focus on legacy businesses within MFT Group. She recognized the significance of family-owned enterprises as the backbone of economies, especially in the Philippines, and sought to leverage their potential. Mica observed that family businesses offer better governance and have proven more profitable and reliable in generating revenues. 

4. Francis Plaza, CEO of Paymongo

         Francis Plaza, a prominent figure in the realm of Filipino entrepreneurs, is the co-founder and CEO of PayMongo, an esteemed online payments processing platform based in the Philippines. 2022 marked a significant milestone for PayMongo as it graduated from the prestigious Y Combinator and swiftly garnered attention and support.  Within months of its launch, the startup secured an impressive $2.7 million seed funding from notable investors such as Peter Thiel, co-founder of PayPal, the San Francisco-based VC firm Founders Fund, and fintech unicorn Stripe. Before embarking on the journey with PayMongo, Francis Plaza’s career trajectory demonstrated his exceptional aptitude and passion for technology. With a solid background as a software engineer at Oracle, Plaza honed his skills in the tech industry. Additionally, he co-founded Muber, an online marketplace, showcasing his entrepreneurial spirit and innovative mindset.

Side Comment:)

        Youth is the Future, we always hear that from the elders. But that doesn't necessarily mean that the youth should abide by that saying, it all depends on us on how we maneuver our lives. We can live the life that we want, the plans that we set, and achieve what we always dreamed of. Though some will agree that it would be great if, in the future, we are one of those people who the future generation will also look up to. Being successful in the path that we took and had contributed to our nation. 

For more information, you may just click this link!

https://venchitotampon.com/young-filipino-entrepreneurs-in-the-philippines/