The Complete History of SM : How Henry Sy Became the Richest Man in the Philippines
Chris Garin Chris Garin
25.9K subscribers
152,263 views
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 Published On Oct 6, 2020

The humble beginnings of Henry Sy is an inspiring tale for Filipino entrepreneurs. Born in Xiamen in Fujian, China, Henry Sy's family started out from the depths of poverty. From selling cigarettes to building the biggest malls in Asia.

In this video, you'll learn the following:
- Henry Sy's first business
- Henry Sy's love life
- How Henry Sy and Lao Kang started the first shoe mart
- How Henry Sy grew Shoe mart
- How Henry Sy brought the 'department store' concept from the US to the Philippines
- Henry Sy's big bet on Makati
- Turning SM into one of the biggest brands in the Philippines

⏰☀️ TIMESTAMPS
1:00 - Story starts
3:40 - Henry Sy gets injured during World War II
4:35 - Opens first store at Calle Carriedo (later becomes the first Shoe Mart location
6:37 - How Henry Sy met his wife Felicidad Tan
7:20 - Travels to the US to learn about how departments stores work
8:15 - Henry Sy applies what he's learned to Shoe Mart (How Shoe Mart demolished competition)
9:30 - SM Makati opens. People were pessimistic about Henry Sy's gamble.
10:30 - Sy siblings help in running the stores of SM
12:10 - Henry Sy takes on his biggest project yet, SM North Edsa
14:00 - SM introduces the "We've Got It All" jingle
14:45 - The Legacy of Henry Sy. Passing.

🍏 Brand Origins is hosted and produced by Chris Garin.
➜ https://chrisgarin.com/

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💎🎙️ Listen to Steal This Idea by Brand Origins: A podcast where Chris talks about business ideas:
➜ Spotify: https://spoti.fi/3cExA8V​
➜ Apple Podcasts: http://tiny.cc/ynmosz​

👋 💌 SAY HI
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