Alfredo yao autobiography of a facebook

While his beverage company, Zest-O Corporation, was slowly making waves in the juice market, he was already looking at other potential investments. Athe launched Zest Airways and sought to compete with other low-cost carriers of the country. He was met with stiff competition Air Philippines and Cebu Pacific Air to name a fewso he looked at a different way of flying people into the country.

Thus, making Zest Airways the first local carrier to fly tourists from China and Korea straight to Philippine destinations, i. Alfredo Yao has gone a long way from his humble beginnings. He is the chairman of Macay Holdings, Inc. He also founded Philippine Business Bank, where he serves as Chairman Emeritus, focusing on services for small and medium enterprises across a broad network of branches.

Additionally, Yao has diversified interests in hospitality, beverages, and real estate, including Summit Hotel and Resorts Specialists, Asiawide Refreshments Corp. With his determination to make something out of nothing, he was able to achieve beyond what he could ever imagine. One important life lesson for Alfredo Yao is to just work hard and never lose hope.

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Alfredo yao autobiography of a facebook

Bye cheat days, hello health goals: Manage your health after the holidays! Dubai among top holiday destination picks for Filipinos, says Cebu Pacific 2 weeks ago. Load More. Check Also. Do not sell my personal information. Manage consent. Necessary Necessary. He followed his education with unshakable tenacity and graduated from Far Eastern University with a Bachelor of Science in Chemical Engineering in This strong educational background would act as a stepping stone for the extraordinary adventure that lay ahead of him, taking him from modest beginnings to prominence in the Philippine corporate world.

In order to support his mother and his siblings, he had to work as a street seller. He was able to finish elementary and high school at St. He enrolled at the Mapua Institute of Technology to pursue an engineering degree, but after two years he had to leave because of financial issues. Then he held a variety of positions, including salesman, warehouse worker, and operator of a printing machine.

In honor of his mother Soledad, he called his company Solemar Commercial Press. He was an expert at printing ice cream and candy wrappers. Later, he expanded his company to offer packaging for additional goods like soap, detergent, shampoo, and toothpaste. Zest-O Corporation: On a business trip to Europe inYao came upon a brand-new packaging innovation called Doypack, which was a sealed plastic bag with a stand.

He purchased the intellectual rights from France after realizing the possibilities of this packaging for juice drinks. Local juice producers were not interested in the Doypack packaging, despite his efforts to market it to them.