Dream Big and be willing to Work Hard for your dream...

-- "Dream big and whenever you achieve your dreams – dream even bigger.

When Grace, my wife and I opened our first store, we already aspired to make Jollibee the largest restaurant company in the Philippines," Tan said in his Asian Institute of Management Doctorate Conferment and Commencement speech.

Starting from that one store 40 years ago, Jollibee is now the largest in the Philippines and is one of the fastest growing Asian food companies in the world. The firm has already set its sights on being among the top five food companies in the world.

For those of you who might remember – The original spelling of our brand Jollibee was with a 'Y', which we quickly changed to an 'I' because even if we were just starting out without any guarantee we would even succeed and ever set foot outside the Philippines one day, we already wanted to ensure the brand name can be registered globally," Tan noted.

But he urged young entrepreneurs to dream big, he also cautioned against of dreaming too many.

"Dreams do come true, but one cannot have dozens or hundreds of dreams. If you choose too many, you'll almost certainly achieve none of them. Choose 1 or 2 and give it your best," he urged.

Aside from having a dream, Tan said it has to be paired with hard work. "Jollibee was not an overnight success. Our entire family had to work very hard – all my siblings included," he said.

Another component to his success is not being afraid to fail because, "Failure, assuming you learn from them can be the best teacher. I can say firsthand that some of the greatest and most meaningful learnings come from failures. Needless to say, I continue to make them to this day."

  Jorge U. Saguinsin

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Time is gold

Time lost is lost forever.

Of all the resources, only time is irreplaceable

Successful companies primary tool is smart use of time -  being the first to market

One of our principles is EFFICIENCY.   To have high outputs and be productive.  Always

If we are unable to finish projects or tasks on time, it is an event called failure?  We are not

1.  LET US WORK TOGETHER TO CREATE BEAUTIFUL LIFE STORIES (not worries)

2.  BIDDA:     BELIEVE, INSPIRE, DREAM, DO AND ACT

3.  Read and answer all email and texts.  Be responsible

 4   RRURAC   (Read, Reflect, Understand, Realize Act, Check)  # 3

5.  Makipag TIPAN -  IGALANG ang mga nasusulat:  CCD handbook at MC

6.  Ang naiwan ng mahal sa buhay ay dapat masaya.

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We are only 90 days from failure - words of wisdom from Chairman of Jollibee Tan Cak Tiong

A.  The chairman of Jollibee, Tan Cak Tiong used to tell his middle managers and  senior officers that they are only "90 Days from Failure" thus:

    1. They have to work hard;

    2. They had to keep their word

    3. They have to innovate:   expand and increase number of stores, innovate

        menus, acquire other business

    4. As in biking they have to keep on pedalling so that they will not fall on their side or worse belly up

    5.  They have to execute well ie get things done

B.  We are witness to the owners of the land in our JV  who got tens of millions of PHP as payment to the land, good will money etc.  how in a few years, they are impoverished: nangungutang.  One in Polomolok, one in Taytay.

    If it happened to them if Jollibee is wary of this business risk, then we too

    cant be exempted from this:

    1.  How do we know if we are profitable:   wala tayong PNL? When

         do we get a PNL.  Para tayong nangangapa sa pagpapatakbo ng

         negosyo.  This is a top priority!.  Our current staff are not capacitated

         to accomlish this, Certainly this has to be acted upon

   2.  Non achievement of KRA:

       1.  Sales only 10%

       2.  Collection only 30% on the average

       3.  Unproductive and disobedient staff:   lacks training, discipline

           and supervision

   3. Delays:

     1.  Permits

     2. License to Sell

    3. Procurement

Many people need to cooperate and do their jobs as paid professionals

When can we expect this?   It has to be soon.  We may end up like the Santoses and Pazes