Six signs your child might be one of the future Pinoy billionaires

IMAGE @marianrivera @krisaquino @scarletsnowbelo on Instagram

You think your child has what it takes to become a billionaire?

(L-R) Zia Dantes, Bimby Yap, Scarlet Snow Belo


Every parent has a dream of what her child might be when he or she grows up.

If you've ever pictured your little one as one of the Philippine's next business magnate, here are signs that your dreams may just come true: 

Your child is persistent and doesn't give up easily 

Don't give up yet just because your child isn’t at the top of his class.

Jack Ma, the second richest man in China and founder of online e-commerce giant Alibaba, shares he was “considered to be a bad student.”

He told Entrepreneur, “I failed a key primary school test two times, I failed the middle school test three times, I failed the college entrance exam two times.”

He was rejected by Harvard University ten times!

Yet, these "failures" did not discourage Ma from pursuing what he wants. When he really wants to learn something, he doesn’t give up on it.

At 12 years old, he taught himself English by riding his bike for 40 minutes every day to a hotel where he volunteered as a tour guide to foreigners to practice the language.

Talk about dedication! 

Your child is a problem-solver. 

Take Mang Inasal’s Injap Sia, for example.

At the age of eight, he had thought of easier ways to do his job of repacking candies and sugar for retail selling at his parents' grocery store.

“We used a candle to seal the repacked bags one by one,” he wrote in Life Principles by Injap Sia

“Upon my suggestion, we started to use an electric sealer for the plastic bags—it was a small change, but that little tweak improved our work.”

Injap Sia opened the first Mang Inasal when he was just 26 years old, and in 2016, was the youngest dollar billionaire in Forbes Asia’s list of wealthiest. 

Your child has good people skills 

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Being sociable gains a lot of friends. It’s a skill every entrepreneur should have if she wants to become successful, said Ma. 

Emotional intelligence, or the ability to understand other’s emotions and connect with people, is even more important than IQ.

“If you want to be successful, you have to have great EQ (emotional quotient). No matter how smart you are, if you never know how to work with people, you will never succeed,” Ma shared. 

Your child knows how to motivate and inspire people 

In the children’s book Nanay Coring: The Story of National Book Store’s Socorro Ramos, it is revealed that the chairman of the country's leading bookstore was already a great boss as a child. She is known to mobilize people efficiently by her example.

Socorro Ramos was a working student who took small jobs to pay for her studies. One of the jobs she took on was unwrapping tobacco.

The story reads, “My boss paid me five centavos to unwrap each package of tobacco. There was a lot of tobacco to unwrap, and I knew my friends wanted to make some money too. So I hired them to work for me. I paid them two and a half centavos for every package they unwrapped. We made a lot of money that summer.”

Your child is maparaan.

Did you know Sia won a car from a contest as a young man, thanks to his maparaan ways? 

The contest was conducted via text, and every text message sent was counted as an entry. He made computations and deduced that he had to send in a certain number of texts both day and night to reach top five.

But, of course, he had to sleep. So, what did he do? He approached a classmate and told him, “I’m going to join [this contest]. I propose that you do the texting at night, and I’ll pay you 200 pesos a day. If I win I’ll give you a cellphone of your choice.”

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Injap Sia got the car, and he still has the newspaper clipping that announced his win.

Count your blessing if your child is showing early signs of resourcefulness.

Your child hoards books

John Gokongwei, Jr., founder of JG Summit and the second richest Filipino in 2016, according to Forbes Magazinetold The Philippine Star, “I started reading at an early age. Aside from books, I subscribe to magazines and newspapers.”

He mentioned more than a dozen titles including the National Geographic, Wall Street Journal, Bloomberg Businessweek, Forbes and more.

And to whom John Gokongwei, Jr. attribute his love of reading? “My mother and father encouraged me to read,” he shared. 

So, you think your child has what it takes to become a billionaire?

This story originally appeared on SmartParenting.com.ph.

* Minor edits have been made by the PEP.ph editors.


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