What is the management style of Edgar Sia?

He is aggressive but remains sharp in his calculations. His deep grit, passion, determination, sincerity and resourcefulness enabled him to disrupt the industry that he chooses to compete in, and successfully lead and navigate his team towards its set goals.

What type of entrepreneur is Edgar Sia?

Edgar "Injap" Jaruda Sia II (born 1977) is a Filipino businessman. He is the chairman of DoubleDragon Properties (a joint business venture with Tony Tan Caktiong), and the founder of the Mang Inasal fast food restaurant chain.

What made Edgar Sia succeed in their business?

An aspiring architect, Sia dropped out of college to set up barbeque chicken restaurant chain Mang Inasal, which he sold to Jollibee in 2012. He took DoubleDragon public in 2014. With a net worth of $700 million, he was ranked No. 21 when the Philippines Rich List was published in September 2020.

What are the lessons that you learned from the story of Edgar Sia?

His discovery skill helped him connect the dots and see things differently. His innovation skill helped him recombine existing industry variables. His thorough preparation gave him courage to execute his plan swiftly. And his inspiring and soft-spoken ways influenced others to help attain his goals.

What did Edgar Sia do?

Sia co-founded the barbecue chain Mang Inasal in Iloilo City in 2003.In seven years, Mang Inasal grew to 338 branches nationwide, before being acquired by Jollibee in 2010. In 2009, Sia founded Injap Land Corporation (now DoubleDragon Properties Corporation), developer of CityMall chain of malls.

The History of Mang Inasal and the Injap Sia Success Story

What is the nature of Edgar Sia's business?

Edgar Sia II is the chairman of DoubleDragon Properties, the real estate developer he and his partner Tony Tan Caktiong took public in 2014. The company has a portfolio of commercial and residential properties. It listed its real estate investment trust DDMP Reit in March 2021.

How did Edgar Sia innovation help shape today's society and economy?

Edgar Sia II awed the nation with his entrepreneurial skills—a full package of vision, disruptive product, customer focus and brilliant execution. Sia built the revolutionary fast food chain “Mang Inasal,” starting with a single branch in Iloilo City in 2003 with P2. 4 million in capital borrowed from his father.

What do we need to possess to become a successful entrepreneur?

While there is no magic formula for beings a successful entrepreneur, those who do succeed tend to have mastered the following set of skills: good and effective communication; being able to sell both themselves and their idea or product; strong focus; eagerness to learn and be flexible; and a solid business plan.

Who are your top three entrepreneur role models in the Philippines?

How did Edgar Sia come up with his venture?

In the year 2003, he came up with an idea of opening a chicken barbecue fast-food restaurant. His father didn't agree at first, but after persuading him he eventually let Sia borrow Php2. 4 million as a capital.

How Edgar Sia started Mang Inasal?

It all started with a Vision. Edgar “Injap” Sia, at the age of twenty six, grabbed the opportunity to lease a 250 square meter space at the Robinson's Mall Carpark-Iloilo in December 2003. It was there that Mang Inasal, Hiligaynon for Mr. Barbeque, was born.

How do you describe an entrepreneur?

An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

What kind of entrepreneur is Joe Magsaysay?

Entrepreneur-in-Residence

Potato Corner, having established the flavored fries franchise and shepherding its phenomenal growth from the onset: Potato Corner went from one small food cart in 1992 to 70 stores in 1994, up to 120 in 1997, and currently at 1,100 in the Philippines, with 200 stores overseas.

Is Jollibee owned by Double Dragon?

DoubleDragon Properties Corp. is a newly listed real estate company led by its Chairman Edgar “Injap” Sia II (founder of Mang Inasal) and the Co-Chairman Tony Tan Caktiong (founder of Jollibee).

What made entrepreneurs successful?

Passion, resourcefulness, willingness to improvise and listen to others and strong determination to succeed is what makes an entrepreneur successful. And this is what you have to keep in mind as well if you want to be a successful entrepreneur yourself.

What are the three important skills that a successful entrepreneur has?

Adaptability, persistence and hard work, these are the keys to success in small business, but they are three important attributes no matter what your endeavor.

What makes a successful entrepreneur essay?

They include determination, leadership, flexibility, creativity, self-confidence, passion, and 'smarts'. Possessing these personal attributes is just a start, executing them properly and to maximum is what we expect from an entrepreneur. Though, you must have a vision and execute it consequently.

What entrepreneurial features does Edgar Sia display?

His deep grit, passion, determination, sincerity and resourcefulness enabled him to disrupt the industry that he chooses to compete in, and successfully lead and navigate his team towards its set goals.

What was the issue or problem that Edgar Sia identified?

He then analyzed and identified what type of food would have the most potential and mass appeal. This was the ubiquitous barbecue (inasal in Ilonggo). With much perseverance, innovative thinking and a deep understanding of business, Sia created Mang Inasal in Iloilo City in 2003.

Who is Ferdinand Sia?

President/COO, Merrymart Consumer Corp.

Is Double Dragon a corporation?

DoubleDragon Corporation (formerly, Injap Land Corporation and DoubleDragon Properties Corporation) is a Philippine real estate development company based in Makati, Metro Manila, Philippines. It was founded in 2009 as a subsidiary of Injap Investments, Inc.

How many CityMalls are there in the Philippines?

This marks the start of a series of CityMall Openings across the country. As of May 2016, there are already 7 CityMalls operational.