Answer with Explanation

1

Tony Tan Caktiong used to operate an ice cream parlor, before converting it into a fast food restaurant called Jollibee. With a starting capital of P350,000, the young Caktiong opened two branches in Cubao and Quiapo, together with friends who supported his idea.

Caktiong decided to serve hamburgers, fried chicken, and spaghetti to customers when they started looking beyond the usual ice cream. Eventually, the business grew, and he had to hire more employees. By knowing the Filipino market, Jollibee managed to excel as a fast food powerhouse.

2

You may not have heard of John Paul DeJoria, but you’ve certainly indulged in some of the beauty products attached to his name. Now a multi-billionaire and one of the most accomplished entrepreneurs in modern history, DeJoria got his start as a newspaper courier. To make ends meet, he worked as a tow truck driver and a janitor. Eventually, he found his way to working at a hair-care company, where he met his future partner, Paul Mitchell. With minimal experience and a $700 loan, the duo founded a company now known as John Paul Mitchell Systems. From there, DeJoria co-founded Patron Spirits and the House of Blues.

3

Jan Koum Jan Koum, the originator of WhatsApp, was born in a little town close Kiev in Ukraine. Coming from destitution, Koum's family emigrated to California, and Koum begun learning approximately computers in his save time. By the time he was 18, he had created noteworthy aptitudes, and in 1997, he was enlisted by Yahoo! as an framework engineer. He went through a decade in that industry some time recently realizing the gigantic potential of the app industry in 2009 and beginning WhatsApp Inc.

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