'The multiplier effect shows how a single founder can have a significant impact on generations of companies, by virtue of mentoring and investing in other founders and inspiring their employees to start their own companies,' says Endeavor PH's 2024 Impact...
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MANILA, Philippines – Affiliated businesses of Endeavor Philippines, a global network for high-impact entrepreneurs, generated around $900 million in revenue, created over 66,000 jobs, and raised $1 billion in capital in 2023 alone.Endeavor Philippines’ Managing Director and co-founder Manny Ayala said the organization aims to catalyze change in different industries by supporting local entrepreneurs.
The 2024 Impact Report highlighted the “Multiplier Effect,” a principle illustrating how the success of one entrepreneur can spur innovation and create opportunities for others. By leveraging mentorship and investment, Endeavor said that high-impact entrepreneurs not only expand their own ventures but also empower emerging founders to pursue their entrepreneurial ambitions.
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