Danilo D. Tamayo is a leading figure in the construction industry who has become an inspiration to aspiring entrepreneurs and professionals. He lost his job as a construction manager during the height of the 1997 financial crisis when the Japanese company he was working for folded up. Despite the challenging circumstances, he refused to let adversity define his future and he embarked on a relentless job search. However, the construction industry was grappling with the aftermath of the crisis, making it exceedingly difficult for him to secure employment. Undeterred, he hatched a bold plan: to establish his own construction company using his remaining P50,000 savings.
Tamayo’s entrepreneurial spirit ignited as he ventured into subcontracting work for Ayala Land projects. The company initially focused on renovation projects, such as ceiling upgrades, guardhouse construction, and basketball court installations. Through values such as attention to detail and commitment to delivering exceptional results, Tamayo’s craftsmanship captured the attention of the SM tycoon Hans Sy.
Recognizing Tamayo’s potential, Sy extended an invitation for him to bid for renovation of Taal Vista Hotel. The opportunity proved to be a pivotal moment in the entrepreneur’s career. Soon after, Tamayo secured his first significant break: a P530 million contract to construct SM Molino. The successful completion of this project propelled Tamayo’s company into the limelight and solidified his position as a trusted SM contractor.
Source: https://www.esquiremag.ph/money/industry/danilo-tamayo-ddt-konstract-business-lessons-a2334-20230620-lfrm3