Young Entrepreneurs ** tayo

[SILENTMAX]

thanks for the wonderful post trevi

please stop by often we need more people looking out for the novice entrepreneurs here.

[omeng]

^^ he he :D


Quote of the day;

“There is only one boss-the customer. And he can fire everybody in the company from the chairman on down by spending his money somewhere else.” – Sam Walton

[Trevi]

thanks for the wonderful post trevi

please stop by often we need more people looking out for the novice entrepreneurs here.

Sure I will visit often.

As a means of "paying forward" I actually do some PRO BONO work for upstarts whose ideas are brilliant and just need mentoring/harnessing. I choose only those I feel have the commitment to build something and give employment to others...and of course could not afford to pay my Professional Fees ;) .

I take pride in one particular business in Pateros i mentored pro bono that was started by a 22 out-of-school youth (referred to me a a co-parent in CPO) who has given employment to 20 people in his community (cooperative)...was given a start-up loan of Php 250,000 by Landbank (no collateral) with the BizPlan we made together ..and all he had was the desire improve his life and the courage to to do so...Two years after, he still comes to me for consultation for his expansion plans..and with him a basketload of duck eggs :rotflmao:

Truly inspiring. Sometimes, what seems to be impossible is only for now. Good luck :bop:

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[SiOMs]

Hey! I am a newbie here...im just wondering when we say YOUNG ENTREPRENEUR, do we mean teens or at least in early 30's. For me being 18yrs.old , I do not consider early 30's to be still a young entrepreneur since by that age you are expected to earn. In other countries, as early as 7yrs.old young entreps own businesses and even have websites. Anyways, I own www.foxistar.com (http://www.foxistar.com), we are doing okay. I do every single thing expect production. I just want things straight here. Some are getting out of the topic and it bothers me. I hope more younger filipinos get into entrepreneurship. Btw, I planned the business when I was 17 and our we launched our first bag collection on my bday party. Hope to hear more stories like this instead of BS:)

Although the title is for "Young Entrepreneurs" -- it shouldn't be taken literally. Age shouldn't matter. This thread is for everybody who's interested in becoming an entrepreneur, businessmen/women sharing their stories who would like to help others realize their dreams or even just ordinary people who would like to give a little bit of encouragement now and then.

Even if you're already 30 years old, it shouldn't stop you from doing what you want to do. Ann Pamintuan of The Gilded Expressions started her own business not when she was a teenager, but when she was already a full time mom.

It's not about age, it's about determination and your will to succeed.

Just my two cents :)

[politikista]

my point is, the term YOUNG ENTREPRENEUR should be explained and be defined to give everybody a certain distinction of us from the rest... the term was invented to give value to young entrepreneur...or else why have a separate term? it is important to solidify the term to avoid confusion...yun lang...bahala kayo kung masama ang tingin niyo about that. anyways, the BS for me would be those people who have nothing to do with this naman and posting non-entrepreneurial issues..i dont discriminate nmn who gets to post here, my point lang is sana kahit 80yrs.old ka pa, matutong magbasa at magpost ng issues that could help young entrep since the thread nmn **** is intended for that...for others naman, sorry pero idealistic ako...so for me, kung mali, MALI yun at dapat may gawin.. napansin ko *** nmn kasi dito generally speaking hindi *** sa thread na ito...marami yung pasaway ang messages...sana maayos lang kasi maganda ang PEX as both an info input and output...nasasayang dahil walang nagreregulate.

about how i started, drive lang talga...my parents do not agree pero my mom was the one who made the first bag tpos i brought it to school then people liked it so i said lets make it into business. sympre my parents are supporting me pa rin pero somehow im slowly being independent...i live alone na, i have a part time job plus a business...so slowly, im establishing my financial grounds so as a graduate, things will not surprise me...im not a parasite...i cant suck blood always...i have to survive as early as now..

[politikista]

btw, im not saying na kpg 30 kna end of life na...what i mean is, i dont think it should still be considered as young entrep...i told this na sa editor ng ENTREPRENEUR magazine...i told her na dpt in writing articles they should be careful in using terms...not that it will cause anything bad...pero for me, the younger to start the better and using the term young entrepreneur to pertain to 30 or older people is wrong cause it will encourage people in the 30s...instead of younger people to be encourage...db?

[omeng]

yun naman pala eh.. dapat defined na may certain distinction :D



anyway along de hiway, pareng max, attend ka ba ng "ENTREPLINKPHILS 2ND GRAND EB 2005"? Francis Kong is one of the guest speaker, magaling ito. P400 ang Fee sa Valle Verde Country Club.

[bleh]

idano politikista, it can also be defined as entrepreneurs who are young at the business, newbies ba. this thread is more like a newbies support group so i don't see why people who are past a certain age shouldn't be welcome in contributing to the community. the diversity actually enhances this thread because opinions will come from many different perspectives. ayaw mo ba non? don't close your door when a good piece of wisdom might come your way.

[politikista]

BLEH: yun nga po ang point ko...ano b ibig sabihin when we say YOUNG ENTREP??? im not saying na bawal ang matanda...im saying lang is let us define what a young entrep is...tapos sympre oks *** ang over age basta still on the topic db? ... marami lang kasi dito na out of the topic na minsan...anyways, i believe this government has realised the importance of young entreps na kaya next school year i think may course na entrepreneurship **** kasi ngyn subject *** sya ata or something like that...at least now may sariling field na siya...

[tennisace]

BLEH: yun nga po ang point ko...ano b ibig sabihin when we say YOUNG ENTREP??? im not saying na bawal ang matanda...im saying lang is let us define what a young entrep is...tapos sympre oks *** ang over age basta still on the topic db? ... marami lang kasi dito na out of the topic na minsan...anyways, i believe this government has realised the importance of young entreps na kaya next school year i think may course na entrepreneurship **** kasi ngyn subject *** sya ata or something like that...at least now may sariling field na siya...

I think Bleh has the right idea about what "young" means in the context of this thread. It's not about biological age; it's about entrepreneurial age. I think the hundreds of forum participants understand that given the fact that after 2,200+ posts and 41,000+ views, no one has brought this issue up.

Let's not get hung up on semantics and focus more on the spirit of this thread. Semantics, political correctness, nit-picking and hair-splitting are a pointless waste of time. One only has to look at Congress to see what I mean. I remember watching Clinton wag his crooked finger at reporters and declaring that he "did not have sex with that woman, Miss Lewinski". Apparently, his definition of sex is not the same as the rest of us. Do we really care what the definition of "young entrepreneur" is? Several hundred thread participants apparently don't care. What they care about is, pardon the pun, the business at hand. ;)

[SILENTMAX]

boss omeng: im not sure. im still in lockdown mode total focus sa current business ko. nothing else.


though some things can be read and learned nothing beats "experience" when it comes to being an entrepreneur. you have your ups and your downs you'l have your bouts with "delusions of granduer" and then you'l have your "illusions" broken. realizing it now. i am humbled at how wrong i was when i was just starting out. but what remained constant was the love of creating something out of nothing. the point of seeing something getting done. and seeing if it will work out. granted there are some failures but this is our donation to the journey of learning and outright experiencing the lessons of being an entreprenuer. i am thankful for this thread and having this soapbox to stand on. for the young and old and for the people in between. all should be welcomed and all should have a chance to share their dreams and hopes and experiences good or bad. even the jaded are welcomed. thank you to all the people here who share their point of views.

[politikista]

i disagree...for me terms are important especially if you want things clear...you can't just talk about something without fully understanding it...btw, wrong analogy when you used Clinton...its not that he has a different definition of sex...he lied(period).

and not because nobody raised this question before nothing is wrong or nobody is interested, the fact that a couple of people actually reacted, it matters to them and to you as well.. :)

btw, since when did one of us become the source of what is right and wrong?...i maybe wrong, but i am open to the possiblity for something better than being right...

[beefnmushroom]

to paraphrase the words of a certain PEx poster: "i hope to hear more stories like the previous ones instead of BS from a certain PEx poster"

[politikista]

anyways, let me finish what i started....END OF DISCUSSION. i find it a waste of time to debate about what i said, my question cannot be answered by a yes or no, so let us end it and go back to the topic.

btw, for people asking, we started using our own stuffs before we pooled out capital...having a website helped me but being impulsive with my decisions made situations horrible...im still in debt for my site which hinders me to do other things like bazaars, etc...but im not letting go of my site, i just need to change my webhost and developer...i learned it the hard way.

[tqbfjotld]

hehe why not start your own thread titled "Tween Entreps, ** us!" :glee:

[tennisace]

"i disagree...for me terms are important especially if you want things clear...you can't just talk about something without fully understanding it..."

-----Well, this thread has been active for the past 3+ years. We've been talking about a range of business subjects and entrepreneurial issues, and I think the active participants here understand what we're talking about.

"btw, wrong analogy when you used Clinton...its not that he has a different definition of sex...he lied(period)."

-----I beg to differ. I made a stupid mistake of reading the entire transcript of the Clinton deposition. He has a different definition of sex. He didn't lie. He merely failed to disclose the truth. Semantics, you know. hehehe

"anyways, let me finish what i started....END OF DISCUSSION. i find it a waste of time to debate about what i said, my question cannot be answered by a yes or no, so let us end it and go back to the topic."

----- I agree with you on this one, although it was fun while it lasted. Just initiating the forum newbie. hehehe Welcome to the forum. All work and no play makes Omeng a dull old entrepreneur!

[omeng]

he he.. kalabaw lang ang tumatanda. :D


Dear Entrepreneur:

Recognition Night 2003

Recognition Night 2004
Greetings from Entrepreneur Philippines!

Entrepreneur Philippines, the third international licensee of America's leading magazine for small-and medium-scale businesses, will once again recognize and honor the entrepreneurial achievements of ten SMEs in its 3rd Entrepreneur Magazine 10 on October 25, 2005, Tuesday, from 6PM to 9PM at the
Carlos P. Romulo Auditorium of the RCBC Plaza.

Now on its third year, this search seeks to honor the achievements of 10 outstanding local entrepreneurs who have blazed a trail in local and international business.

To make this event more meaningful, we would like to invite you, our readers, to join us as we recognize the "real" heroes of the economy.

Should you wish to confirm your attendance, please send an email with subject: Entrepreneur 10 to
j-ann.sumo@summitmedia.com.ph call us at 631-8971 loc.146. We will accomodate the first one hundred (100) respondents.

Thank you and hope to see you there!


Neil T. Palabrica
Associate Publisher
Entrepreneur Magazine Philippines



BUSINESS ATTIRE

[politikista]

define BUSINESS ATTIRE? JOKE...haha... thanks for welcoming me!

[tennisace]

define BUSINESS ATTIRE? JOKE...haha... thanks for welcoming me!

That depends on the business you're in. hehehe. In my younger years, I remember Mabini-based social workers used to wear high heels, short skirts and tight blouses. Now I see young airheads who call themselves actresses do their business in birthday suits tailored by cosmetic surgeons.

I define a business attire as anything that you feel like putting on or taking off appropriately for any activity performed in the pursuit of net gains.

[speQter]

From http://www.itmatters.com.ph
Site banks on more Filipino SME start-ups getting hooked online,
by Maricel Estavillo

As a guide, Ms. Trinidad said it was decided to use the definition in the
Republict Act 8229 or the Magna Carta for Small Enterprises. The law
defines an SMEs:

with total assets of P1.5 million and below as "micro" businesses;
above P1.5 million to P15 million as "medium" enterprises; and
those above P15 million to P100 million as medium-sized businesses.
While composed of such small businesses, this sector holds a lot of
promise. According to a January study of the American Chamber of Commerce
in the Philippines, Inc., the sector accounts for 99% of the total number
of businesses in the country, 68% of all jobs created, 60% of total
exports and gross domestic product contribution of $84.2 billion.

[bluecharm]

hi! sorry off topic... anyone here who knows where i can buy sack like laundry bags? *** mga tela lang na may string... pang give away lang sana sa mga clients... super thanks!

[Trevi]

hi! sorry off topic... anyone here who knows where i can buy sack like laundry bags? *** mga tela lang na may string... pang give away lang sana sa mga clients... super thanks!

Please PM me specs (material/size/budget etc.) I might be able to refer you to one.

[Trevi]

ALL THINGS ARE POSSIBLE, UNTIL THEY ARE IMPOSSIBLE..AND THE IMPOSSIBLE MAY BE ONLY AS OF THE MOMENT.

Good Morning to ALL.

[bluecharm]

Please PM me specs (material/size/budget etc.) I might be able to refer you to one.

hi! i just opened a laundry shop kasi eh im planning to give laundry bags as part of my promotional materials. im not sure sa size pero *** typical laundry bags lang sana... siguro medium size... *** material ko in mind is what they call katsa... pero kung wala non, im open naman sa ibang materials... tapos sana parang may string lang sa taas to open and close... sorry.. if magulo description.. thanks! by the way, you can also reach me at 0921-7724089.. im kate... super thanks!

[omeng]

bluecharm, dapat yata pasadya yan. bili ka ng tela then ipatahi mo.


miss trevi, di ko get. :(

[Trevi]

bluecharm, dapat yata pasadya yan. bili ka ng tela then ipatahi mo.


miss trevi, di ko get. :(

I guess, You need to be my age to grasp the message :rotflmao: :rotflmao:

For me it meant that (as applied in wanting to be an entrep) ...It is POSSIBLE to be an Entrep specially because anyone can be ...but after assessing the demand in time, commitment, resources vis-avis current state, some, for the time being think it is IMPOSSIBLE...but sometimes it is only for NOW...and that in time the IMPOSSIBLE would be POSSIBLE..

This applies though to other things. It does to me. ;)

[SILENTMAX]

if its not to much to ask mam. how old are you?

[beefnmushroom]

As a means of "paying forward" I actually do some PRO BONO work for upstarts whose ideas are brilliant and just need mentoring/harnessing. I choose only those I feel have the commitment to build something and give employment to others...and of course could not afford to pay my Professional Fees ;) .


hi trevi,

may i ask what your qualifications are as a consultant? what businesses have you started?

[omeng]

I guess, You need to be my age to grasp the message :rotflmao: :rotflmao:

ganun ba? sabagay, i'm only 20 turning 19. :rotflmao:

Thanks. *okay*

[businessempire]

120,000 for a 4 year franchise fee? Is that Mister Donut?



you're not asking me, but let me say, i bet you're right.

although coldsiren said "it started in the Phils. in 1950s, i guess what he/she actually meant was "it started in the US". to be exact Mr. Donut started in in the US in 1955. PHP120T is the franchise fee for all types of outlet-cart, kiosk, or store-type. their other company is KFC which is not for franchising.

my question to you coldsiren is this: do you think your experience is the general sentiment of other franchisees?

btw, PHP120T is not cheap. i would say it is the RIGHT AMOUNT [I]for a franchise fee where you as a franchisee, in essence merely act as a dealer and sell the products (simple operations), unlike jollibee where you do everything. in fact, since you are only selling their products, i may not be surprised if in future they may even waive these franchise fees. possibly, they may even give more incentives like higher profit margin.

also, no matter how low the franchise fee is, franchisors cannot merely ignore their obligations as they will be held liable based on the terms and conditions (contract).

i think the issue here is that franchising Mr Donut is simply an act of dealership (just selling as is) where there are many interested potential businessmen. in this case, Mr Donut Phils couldn't care much because anytime they can just get franchisees very easily.(selling skill of this type can easily be done by almost anybody).

too bad. i am about to get a franchise now, that's why i know the details very well. so far, i was told, all their outlets at sm malls are company owned and they advise me to get good other locations with low rental fees. the courteous lady on the phone told me i cannot penetrate sm because rental fees are so high and franchisees have only a gross profit of 30% way below if it is company owned.

so right now, i am trying to get a good location with low rental fees for the business to be viable. but upon knowing coldsiren's disgusting experience, i guess i would need to think more.

woud dunkin donut be better ?

many thanks coldsiren for sharing your story. unfortunately you actually did not say its Mr Donut, but I believe it is MISTER DONUT and not MISTER DUNKIN ! (hehehehe).

so now, i may try looking elsewhere.

[businessempire]

hi trevi,

once in a while it is good to know the feedback from other people to confirm what some of us may already be aware that some franchisors may have change their line of business into a "franchising business."

while it may appear selfish or opportunist, i describe it as a very unprofessional act. some franchisors even boasted they only have one or give up their own existing outlets just to take care and provide more attention to their franchisees. that sounds great but the major reason is of course very obvious.

while you mention good, popular and very stable businesses open for franchising, would you know some small franchise businesses that also operate professionally ?

can you say something of the ff:

1. henlin
2. potato corner
3. nacho king
4. the chiller
5. fruit magic (just recently open for franchising)
6. fruitas
7. various coffee shops (those that are not as popular as figaro, etc.)
8. potato cuddler
9. house of praise
10. kiss king of balls
well..... too many if i mention them all.

maybe other franchise lists from:

rk consultancy franchise lists
affi franchise lists
etc...etc...


since you mentioned jollibee, mr donut..... can you also mention smaller ones from the above (if there are any)?

[omeng]

woud dunkin donut be better ?

you're not asking me, but let me say, yes, it's would be better. :D

[businessempire]

you're not asking me, but let me say, yes, it's would be better. :D
thanks for sharing your feedback....may i know why is that so ?

can you please share some inside information. .....or does anybody here knows the difference between franchising dunkin over mr donut ?

As to :

1. product patronage (which is more popular in all market classes ?)
2. franchise support
3. profitability
4. investment
5. franchise fees - if Mr donut is 120t, how much is dunkins ?
6. payback period
7. and other info i may need to know.

many thanks.

[omeng]

i've done 2 branded donut kiosk business before.

cannot disclose inside infos. sorry.

[omeng]

Guys, this will be good to digest.

(From ESP poster)

Success is a Choice
Bob Martin – former CEO Wal-Mart

- grew up in a farm in Missouri.
- used to work in Dillard’s Dept store and had to be asked twice to join Wal-Mart

What we think of believe in is of great consequence because it influences all that we do.

3 Key Principles
1) Foundation
2) Focus
3) Finish

True Leaders share 3 basic characteristics
1) Vision
2) Strong values and beliefs
3) Courage to act on their vision and make it a reality

Sam Walton started Wal-Mart at 45!

Wal-Mart
Founded 1962
World’s largest retailer over $300B
- took 20 years to earn $1B, after 10 years, $100B
- 1.5M associates (employees) in 11 countries.

3 basic beliefs of the company
1) Respect for the individual.
2) Our people make the difference.
- bet more on people than you do on strategies
3) Strive for excellence.

Philosophy of Leadership
1) If you treat people as they are, they remain that way.
2) If you treat them as what you believe they can be, they can become that and more.

Sam Walton would visit stores unannounced and even ride with the delivery trucks. He wanted to see how the stores operated in as natural an environment as possible. If a store wasn’t performing well, he wouldn’t go wild. He would sit with the people in that store and say “What’s the problem? How can I help you perform better?”

“There is only one boss-the customer. And he can fire everybody in the company from the chairman on down by spending his money somewhere else.” – Sam Walton

Values
1) He customer is ALWAYS right.
2) If the customer is wrong, refer to rule #1.


The Stanley vacuum bottle (Thermos bottle) was manufactured in 1954, eight years before the first Wal-Mart opened. Returned in 1983, the customer claimed, it leaks. The customer is always right. It did leak!

It is easy to do the right thing when you know what you stand for.

“Leaders always put their people before themselves.” – Sam Walton

A businessman arrives at a Wal-Mart store in Canada a few minutes after closing time. He couldn’t get in so he went back to his hotel quite upset because he needed to buy an alarm clock so he wouldn’t be late for an appointment the next morning. He calls up the store hoping that some employees are still inside. A girl called Sue is still inside stocking the shelves and answers the phone. The man explains his predicament and says he needs an alarm clock so he can wake up at 5:30 AM. Sue replies, “No problem. I’ll set my alarm clock at 5:30 and if you give me your number, I’ll give you a wake-up call.”

“Our associates can forgive a great deal of incompetence or bad manners, but they will not forgive a lack of integrity or honesty.” – Sam Walton

Integrity is the most important ingredient in leadership.

Integrity – people over personal gain, service over power, principles over convenience.

“I have never met a great leader who lacked integrity, compromised it, or did not demonstrate it when called upon.”

Conviction
It takes inner courage…real strength to stand firm in what you believe and not be easily swayed.

Tough times go away, tough people don’t.

When times are good, don’t relax. That’s the time you have to buckle down and get to work. When times are bad, that’s when you need to lighten up.

“Find some humor in your failures. Don’t take yourself so seriously. When all else fails, put on a silly costume and sing a silly song.”

Keep it simple. Only a few things really drive the business.

“Every time we save a dollar, that puts us one more step ahead of the competition—which is where we always want to be.”

Have a low resistance to change. The only constant inside Wal-Mart is change.

Return on innovation. Success is one innovative step away – the power of being different.

Technological change – The key to competing is being in on setting the rules.

Be humble – “We are a company of generalists. There are no superstars at Wal-Mart. We’re ordinary people working in an environment that requires us to be overachievers.”

High expectations are the key to everything.

Every company has this list of little lies they tell themselves to escape what isn’t wrong.

What is the limit to treating people as important?

Every morning in the plains of the Serengeti a gazelle wakes up knowing that to survive that day, he must run faster than the fastest lion. And every morning, a lion wakes up knowing that he must run faster than the slowest gazelle.
Moral: It doesn’t matter whether you’re a lion or a gazelle. When the sun comes up, you better be running.

Global vision – the world has become everybody’s marketplace.

Greatest global benefit: Enlarging the field of “best practices.”

“I would like to be remembered as a good friend to everyone whose lives I have touched…as their friend, as someone who has meant something to them or helped them in some way. That is important, I have such a strong feeling for the folks in our company. They have meant so much to me.”

When placed in charge, take charge!

When you don’t know what to do, do what is right! – reach back to all the values & principles you have been taught.

Whatever you see me do, do it too.

Never compromise your reputation because that is a precious commodity.

Never compromise your family.

Vision = inspiration = conviction = action = determination = completion

There are 3 phases in most great tasks
1) Impossible
2) Difficult
3) Done

“Try not to become a man of success rather a man of great value.” –Albert Einstein

Employees go through extensive evaluation procedures. The boss and the boss’s boss would sit in during the evaluation. It’s a long, exhausting process but it has to be done – people are the greatest asset.

[Trevi]

hi trevi,

may i ask what your qualifications are as a consultant? what businesses have you started?

I do not know your intent of asking my qualifications. I only provide my CV for for those who are intrested in my services..not to bandy my achievements, but as reference for them to see if my qualifications and experience will be of use to them. I have a good body of work and track record and experience through my years of experience known to quite a number of people within the industry. My academic preparation is also sound having gone through the usual route of a good all girls exclusive Catholic education and on to Unversity for college and Graduate school.

I have quite a number of brands - acquired and launched / business(es) established conceived and implemented for OTHER people during my stint as an employee in my numerous capacit(ies) in the area of Marketing and Business Development. As an entrepreneur I together with my husband has co-founded, established , own and run a Review School, a Novelty Food Cart/Catering, a Specialty Food Line and a Sub-Con Content writing for Distance Learning. As a consultant, I have also helped. harnessed and mentored several businesses in the area of trading, food, non-food, amd services whether start-up or in the areas of re-tooling for expansion, JV's, Capital infusion and valuation.

I have the luxury of choosing the projects I wish to take on . I do not come cheap. Because I believe that if you pay peanuts you get monkeys. But I also am altruistic, and at times give my services for FREE, specially when the business / problem comes as a challenge to me, more so if the person behind the business have a greater and noble intent for doing so.

For beefnmushroom and all the other readers of this threas, Please do not miscontrue my declaration of the aforementioned as anything but hot air and self-promotion. It is said in fact, and with sincere modesty, because I am still a work in progress and cannot claim to know everything. But I do my job and I do myhomework. I am in the loop - having so many friends (and foes alike) in the industry. And I know whereof I speak, and more importantly willing to help. That I think is the best qualification

I am happy to be in this thread as a resource person. I actually get valuable insights. And as a bonus - as this wasnt meant to be the intent - , I would like to inform you that in the short time I have participated in this thread, I was able to touch base with a very youg lady PEXER who PM'd me and I talked with yesterday for two hours on her family business (existing with very good potential) which she will soon take over and was planning to get my services on her own personal account. Our talks were very productive and I (for the benefit of beefnmushroom) provided her my CV for reference. I am happy to say that we have agreed to meet soon..., but this time with her father (and founder of the business). I would like to believe that father also thinks that I may be of help. For you benefit, beefnmushroom, I have'nt even talked about my PF for the whole project yet nor have agreed on the TOR, but am most willing to share my time regardless of the outcome.

I would gladly share with you beefnmushroom my qualifications should you need my services. But in the meantime, let my qualification as a participant in this thread remain as one who is generous to share whatever knowledge I have acquired through the many years I have slaved working and learning, making mistakes and having modest success through blood, sweat and tears. I hope this answers your question and your intention for asking so.

My best to all.

[Trevi]

hi trevi,

may i ask what your qualifications are as a consultant? what businesses have you started?

I do not know your intent of asking my qualifications. I only provide my CV for for those who are intrested in my services..not to bandy my achievements, but as reference for them to see if my qualifications and experience will be of use to them. I have a good body of work and track record and experience through my years of experience known to quite a number of people within the industry. My academic preparation is also sound having gone through the usual route of a good all girls exclusive Catholic education and on to Unversity for college and Graduate school.

I have quite a number of brands - acquired and launched / business(es) established conceived and implemented for OTHER people during my stint as an employee in my numerous capacit(ies) in the area of Marketing and Business Development. As an entrepreneur I together with my husband has co-founded, established , own and run a Review School, a Novelty Food Cart/Catering, a Specialty Food Line and a Sub-Con Content writing for Distance Learning. As a consultant, I have also helped. harnessed and mentored several businesses in the area of trading, food, non-food, amd services whether start-up or in the areas of re-tooling for expansion, JV's, Capital infusion and valuation.

I have the luxury of choosing the projects I wish to take on . I do not come cheap. Because I believe that if you pay peanuts you get monkeys. But I also am altruistic, and at times give my services for FREE, specially when the business / problem comes as a challenge to me, more so if the person behind the business have a greater and noble intent for doing so.

For beefnmushroom and all the other readers of this threas, Please do not miscontrue my declaration of the aforementioned as anything but hot air and self-promotion. It is said in fact, and with sincere modesty, because I am still a work in progress and cannot claim to know everything. But I do my job and I do myhomework. I am in the loop - having so many friends (and foes alike) in the industry. And I know whereof I speak, and more importantly willing to help. That I think is the best qualification

I am happy to be in this thread as a resource person. I actually get valuable insights. And as a bonus - as this wasnt meant to be the intent - , I would like to inform you that in the short time I have participated in this thread, I was able to touch base with a very youg lady PEXER who PM'd me and I talked with yesterday for two hours on her family business (existing with very good potential) which she will soon take over and was planning to get my services on her own personal account. Our talks were very productive and I (for the benefit of beefnmushroom) provided her my CV for reference. I am happy to say that we have agreed to meet soon..., but this time with her father (and founder of the business). I would like to believe that father also thinks that I may be of help. For you benefit, beefnmushroom, I have'nt even talked about my PF for the whole project yet nor have agreed on the TOR, but am most willing to share my time regardless of the outcome.

I would gladly share with you beefnmushroom my qualifications should you need my services. But in the meantime, let my qualification as a participant in this thread remain as one who is generous to share whatever knowledge I have acquired through the many years I have slaved working and learning, making mistakes and having modest success through blood, sweat and tears. I hope this answers your question and your intention for asking so.

My best to all.

[Trevi]

hi trevi,

may i ask what your qualifications are as a consultant? what businesses have you started?

Sorry double post. :(

[Trevi]

hi trevi,

once in a while it is good to know the feedback from other people to confirm what some of us may already be aware that some franchisors may have change their line of business into a "franchising business."

while it may appear selfish or opportunist, i describe it as a very unprofessional act. some franchisors even boasted they only have one or give up their own existing outlets just to take care and provide more attention to their franchisees. that sounds great but the major reason is of course very obvious.

while you mention good, popular and very stable businesses open for franchising, would you know some small franchise businesses that also operate professionally ?

can you say something of the ff:

1. henlin
2. potato corner
3. nacho king
4. the chiller
5. fruit magic (just recently open for franchising)
6. fruitas
7. various coffee shops (those that are not as popular as figaro, etc.)
8. potato cuddler
9. house of praise
10. kiss king of balls
well..... too many if i mention them all.

maybe other franchise lists from:

rk consultancy franchise lists
affi franchise lists
etc...etc...


since you mentioned jollibee, mr donut..... can you also mention smaller ones from the above (if there are any)?


Thanks for asking me businessempire...but i cannot I write it in the board as it may appear to be disparaging. I could share you though some information on SOME of those you mentioned. If you really are interested in franchising one, I would connect/ refer you to my very good friend and former collegue in FRANCORP (One of the better and bigger ones in the Franchising Industry) who is one of the top executive there and whose expertise and reputation is tops whom you can ask information / validation - WITHOUT any financial consideration and any form of commitment. I am sure she will accomodate you not only we are very good friends and colleagues have helped each other along the way but because as a professional, she is sick of the BAD RAP and REP this small frnachising agents are giving to the industry.. Just PM me if you want to proceed so I can check on her availability.

[Trevi]

if its not to much to ask mam. how old are you?

SilentMax...that is too much to ask :lol: I cannot give a straight answer. :bashful: :bashful:

I am afraid POLITISTIKA will have me disqualified if I answer that question specially in this Young Entrep forum...or maybe be asked by BEEFNMUSHROOM to correlate my age to qualifications to justify in a public forum why I should be deserviing to be called a Consultant :D

On surveys, I still belong to the 35-45 age bracket. That''s as far as I can be honest in terms of AGE. rotflmao: :rotflmao:

BTW, Who is the MOD of this thread ? Is it You or Omeng?

[omeng]

it's KD (Kuya Danny)... taga-poste lang ako. :D

[SILENTMAX]

@ trevi
mam sensya na po . i thought you were somebody else thats why i asked.

as for being mod kuya danny is "the working filipino moderator" ako tandby lang ako dito sa kanto.

pls dont be modest about your works. sometimes our culture hinders us in stating our accomplishments in the purpose of being modest. but it wouldnt really benifit anyone if you hide your accomplishments it should be stated out with pride.

qoute for you mam trevi
"Our deepest fear is not that we are inadequate; our deepest fear is that we are powerful beyond measure. It is our light, not our darkness, that most frightens us. We ask ourselves, who am i to be brilliant, gorgeous talented and fabulous?

Actually, who are you not to be? You’re a child of god --- your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that others won’t feel insecure around you.

We are born to manifest the glory of God that is within us. It’s not just in some of us; it’s in everyone! And, as we let our own candle shine, we consciously give others permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.

----From the inaugural speech of Nelson Mandela in South Africa in l994"

pls drop by often your a godsend to this thread.



@omeng

cough cough. ayan ka na naman "non-disclosure" agreement na naman dahilan sabihin mo na na naging franchisee ka na nang ****** donuts. :) hehehhehe

[Trevi]

@ trevi

qoute for you mam trevi
"Our deepest fear is not that we are inadequate; our deepest fear is that we are powerful beyond measure. It is our light, not our darkness, that most frightens us. We ask ourselves, who am i to be brilliant, gorgeous talented and fabulous?

Actually, who are you not to be? You’re a child of god --- your playing small doesn’t serve the world. There’s nothing enlightened about shrinking so that others won’t feel insecure around you.

We are born to manifest the glory of God that is within us. It’s not just in some of us; it’s in everyone! And, as we let our own candle shine, we consciously give others permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.

----From the inaugural speech of Nelson Mandela in South Africa in l994"

pls drop by often your a godsend to this thread.


Thank you SILENTMAX. NELSON MANDELA is truly an awesome man. The message of his inaugural speech is indeed moving and inspirational. Very much appreciated.

I will be around and available should anyone in the thread need any advice (for things lang that I know about). Whether the advice/infomation will be valuable, useless or just fodder for some.

I wish you the best in all your endeavors, personal or business.

[coldsiren]

do you think your experience is the general sentiment of other franchisees?

i think the issue here is that franchising Mr Donut is simply an act of dealership (just selling as is) where there are many interested potential businessmen. in this case, Mr Donut Phils couldn't care much because anytime they can just get franchisees very easily.(selling skill of this type can easily be done by almost anybody).

too bad. i am about to get a franchise now, that's why i know the details very well. so far, i was told, all their outlets at sm malls are company owned and they advise me to get good other locations with low rental fees. the courteous lady on the phone told me i cannot penetrate sm because rental fees are so high and franchisees have only a gross profit of 30% way below if it is company owned.

so right now, i am trying to get a good location with low rental fees for the business to be viable. but upon knowing coldsiren's disgusting experience, i guess i would need to think more.

woud dunkin donut be better ?

many thanks coldsiren for sharing your story. unfortunately you actually did not say its Mr Donut, but I believe it is MISTER DONUT and not MISTER DUNKIN ! (hehehehe).

so now, i may try looking elsewhere.

my experience is unique. i think not all franchisees go thru what i am experiencing right now.
yes, i was talking about mister donut (MD). and if you still want to franchise MD, think about it. review what i posted several days ago. would you want to go thru the same experience? its your call. fyi, not all people in MD are bad. however, some are just after their quota at the expense of the franchisee.
anyway, at the moment my family and i are no longer interested in franchising any business. sobrang na drain yung bulsa ko, pati morale ko affected na daw sabi ng kausap ko kahapon. napaka mahal ng learning experience ko, sana ay wala nang magaya pa. almost half a million pesos may be cheap for others but it's not easy to earn that.
if you could start your own business from scratch do so, avoid franchising.

[omeng]

@omeng

cough cough. ayan ka na naman "non-disclosure" agreement na naman dahilan sabihin mo na na naging franchisee ka na nang ****** donuts. :) hehehhehe

Ok.. ok.. he he

I will apply this thing now.. "Sometimes, we have to suspend our being modesty." Ika nga ni Pareng Paul McCartney

Kioks business for me was really a short term. My goal was achieved then. I am more into long term now. I'm more ambitious entrepreneur as ever this time.

With that "kiosks business", I learned that you don't need to pay that 120k franchise fee/Dealership fee. Yes, it's true, and I've (we) done it. It's how you negotiate. It's how you've done your homework. It's how you tell them (franchiser) that they need you more than you need them. It's how to manipulate them. And it is how to make them realize that they will earn more, more than that franchise fee. Long term approach, in short.

P80k to P150k to whatever amount was just a guiding for them. They can go lower than that as long you will offer them better than the said amount. Of course you have to talk directly to the decision maker/owner so that you will easily achieve your goal. It was easy for me to do it, because I’ve done my homework. "Know their needs before dealing with them.” as King Attila advise.

:D

[Trevi]

sobrang na drain yung bulsa ko, pati morale ko affected na daw sabi ng kausap ko kahapon. napaka mahal ng learning experience ko, sana ay wala nang magaya pa. almost half a million pesos may be cheap for others but it's not easy to earn that.
if you could start your own business from scratch do so, avoid franchising.

It just a cycle. Allow yourself to feel the disappointment and frustration. But purge it. Do not wallow in it. You really need go thru this in order for you to not only learn the lessons in hindsight but make it part of your wisdom. I am sure you will get your confidence back. :) And your next venture will be much better.

@
Omeng / SilentMax / MOD

I have omnibus subscriptions / studies (Local/Intl MktRes firms ; Faith Popcorn etc.) on markets/CBB/ trends /quanti and quali etc. am I allowed to post information that might benefit others? merely for the purpose of INFORMATION without endorsement. I see in the backread that Info posted and allowed are for launches / conferences / endorsements. I just want to know if this is allowed. My apologies, for my ignorance, because this is the fisrt time i participated in a PUBLIC forum. I am used to PROFESSIONAL/ACADEMIC forum where I am most active in. Please advice.

[businessempire]

i've done 2 branded donut kiosk business before.

cannot disclose inside infos. sorry.
ah alright, no problem, that's okey.

its interesting to know you were able to successfully franchised 2 different branded donuts. (it should be Mr Donut and Dunkin, as we're talking between the two). is that allowed ? i mean, what's the time interval before you were able to open up the other ? if you think answering this question is again confidential, never mind.

thanks.

[businessempire]

Thanks for asking me businessempire...but i cannot I write it in the board as it may appear to be disparaging. I could share you though some information on SOME of those you mentioned. If you really are interested in franchising one, I would connect/ refer you to my very good friend and former collegue in FRANCORP (One of the better and bigger ones in the Franchising Industry) who is one of the top executive there and whose expertise and reputation is tops whom you can ask information / validation - WITHOUT any financial consideration and any form of commitment. I am sure she will accomodate you not only we are very good friends and colleagues have helped each other along the way but because as a professional, she is sick of the BAD RAP and REP this small frnachising agents are giving to the industry.. Just PM me if you want to proceed so I can check on her availability.
Hi again to you Trevi,

I do appreciate your sincere gesture to help.

I have actually visited the Francorp site but the problem is from among their client lists I could not find one suitable for me. Would it still be ok to refer me to your friend for advise/rfecommendation to other business opportunities outside of Francorp clients ?

To give you a background, I would be interested on the ff business:

1. coffee cart/kiosk type
2. reputable[I] tiangge type that sells men/women accessories/clothes/bags/slippers etc...such as the one scattered all over main Glorietta lobby
3. if it is food business, it should be less cooking or less preparation (the likes of Mr Donut which I earlier mentioned in this forum)

My capital would be up to PHP600T. Should it be a coffee kiosk biz, my investment could be slightly stretch a little bit more.

I am providing all these details so at least you would know my personal profile before further recommending me to your friend and minimize less hassle for both parties.

And for anyone in this forum, who could make further recommendations or referrals, I would be pleased to hear from you too.

Thank you very much Trevi and to you all reading this message.

Good day and regards.

[Trevi]

@businessempire will PM you my contact No(s). so we can talk. You know I am quite averse to franchises, but if you are willing to start out of improve on an existing idea/biz model (on the areas you mentioned) I can share with you some info.

[omeng]

ah alright, no problem, that's okey.

its interesting to know you were able to successfully franchised 2 different branded donuts. (it should be Mr Donut and Dunkin, as we're talking between the two). is that allowed ? i mean, what's the time interval before you were able to open up the other ? if you think answering this question is again confidential, never mind.

thanks.

Of course, hindi sabay yun. 2 months interval yata.

my recommendation to you, get a good place first before negotiate with the franchiser. *okay*

[SILENTMAX]

@trevi mam pls post it. im preatty sure no one will mind here :)

@cold siren a quote for you :)

"With every effort i learned a lot
with every mistake and failure
not only mine but those around me
i learned what not to do
i also got to study the success of those
i did business with as well
i had more than a healthy dose of fear
and an unlimited amount of hope
and more importantly no time limit on effort.
The point of all this is that
it doesnt matter how many times you fail
it doesnt matter how many times you almost got it right

no one is going to know or care about your failures and neither should you
all you have to do is learn from them
and those around you becouse
all that matters in business is
that you get it right once
then everyone can tell you how lucky you are" -Mark Cuban

[speQter]

I have omnibus subscriptions / studies (Local/Intl MktRes firms ; Faith Popcorn etc.) on markets/CBB/ trends /quanti and quali etc. am I allowed to post information that might benefit others? merely for the purpose of INFORMATION without endorsement. I see in the backread that Info posted and allowed are for launches / conferences / endorsements. I just want to know if this is allowed. My apologies, for my ignorance, because this is the fisrt time i participated in a PUBLIC forum. I am used to PROFESSIONAL/ACADEMIC forum where I am most active in. Please advice.


Please go ahead, Trevi.
I'm interested.

Thanks!

[omeng]

Fire, Ms. Trevi. :D

[Trevi]

Okay. I will start posting some INFO as it comes (though not hard quanti - constrained as this are paid subscriptions) via Exec Summary, Briefs and Snippets which are still USEFUL.

Hello to ALL.


Postscript :

And to all those who PM'd me yesterday and today. Thank you. I wish I could answer all your queries and be of help to all, but as of the moment I am constrained for (1) ethical reasons, (2) time, (3) Location and for the other query - competence (I have no experience on the field) It would be nice if you also start posting your experiences your problems for others ti share their thoughts, instead of just lurking. Best to all.

[omeng]

unga. lurking lurking :D

[pauster007]

question: henlin....how much ang franchise fee?

[modern_venus]

Hello everyone! Whoa..This thread has moved really fast..I regret not having been part of it before pa but what can i say? Everything happens for a reason.

Silentmax! I didn't know you were a regular here...you're the only one i know..haha...but hello to everyone, i hope you don't mind me joining you guys. :wave:

I'm actually currently in a business...At first i was actually hesitant about it but after attending a number of seminars, conferences, hearing first-hand testimonials and actually getting to know people who have succeeded in this business, i am convinced that i made the right choice!

What convinced me to do this business is the simple fact that to own a business, there are specific things that you must consider...First off is that it should be unique-otherwise u will end up being in the rat race, trying to beat your competitiors; it should be tested, proven, and therefore stable-to ensure the credibility and quality of the business; it should follow the trend or go according to researched future trends-to give you security on how the business will go years from now...among others.

The main goal of this business is to help other people..not to be corny or suck up to you guys but it really is...so anyone who is interested, i will be glad to share it with you guys because i've been reading the posts and i see a lot of people looking for a business where you can ensure that your money won't go to waste...and i am just like any of you guys so I want to help. I am also currently doing good in the business.

Let me just say that everyone of us is making a right decision by starting our own business...we only have to choose the right opportunity for us. :spinstar:

"There is no such thing as job security [when you are employed]...Job Security is when you wake up in the morning, look at yourself in the mirror...and you are talking to the boss!" - Randy Gage

[bluecharm]

hi trevi! any updates about the laundry bags? super thanks!

[SILENTMAX]

By Marianne V. Go
The Philippine Star

The Philippines has sold 300 metric tons (about 18 containers) of coconut fiber worth $56,000 as initial orders to two Chinese companies in a move to diversify the country’s exports and penetrate the Chinese market.

This was reported by Archimedes Gomez, Philippine commercial attaché in Guangzhou, China, to Trade and Industry Senior Undersecretary Thomas Aquino.

Gomez also reported that Dr. Justino Arboleda, president and chief operating officer (CEO) of Cocotechnologies Inc., recently signed an agreement with Gansu Desert Control Research Institute (GDRI) to pilot test coco coir geotextile, mats, biologs and coconet peat in a 20,000 square area in Gansu Province.

"The initial orders are good indications of forthcoming sales," Aquino said.

Aquino added that orders of coconut fiber products clearly indicate that the Philippines is making headway in penetrating the Chinese market for coconut products.

The promotion of coconut product exports is in line with the diversification to other export products and markets, as contained in the Philippine Export Development Plan.

The initial orders are not the Philippines’ first shipments of coconet to China.

In 2003, DTI announced that Filipino firm Cocotechnologies Inc. signed a memorandum of understanding with Guangzhou Rivers Enterprise Co. Ltd. to supply coco coir and geotextiles, mats, biologs and coconut peat for soil erosion control used in a Guangzhou Rivers’ six-hectare dumpsite project.

The agreement involved the supply by the Cocotechnologies of 70 containers of coco coir geotextile, biologs, and fascines worth $1 million.

Fascines are rolled coco mats with short fibers and peat inside.

Another supply contract of coco fiber and coco geotextile between Philippines and Chinese firms was also firmed up during the visit of President Arroyo to Guangzhou in September 2004.

Laguna-based Philippine Environmentech Products Corp. agreed to supply exclusively.

"Coconut products have been catching global interest lately. Coconut oil, aside from its use as cooking oil, has proven to be a good additive to diesel fuel, which could lengthen the mileage of vehicles. Virgin coconut oil has also been of interest because of its health value. Now, we have coconut fiber’s growing use as a material to address ecological concerns, such as desertification and soil erosion. We hope we could capitalize on the positive properties of the coconut," Gomez said.

Coconet has been getting a lot of attention in the local press due to the nomination it got as one of the finalist in the BBC World Challenge contest.

BBC visited the Philippines to document Dr. Arboleda’s project that uses coconet in the prevention of soil erosion and provides livelihood opportunities in the regions.

The export of coco fiber products to China is expected to further bolster the income of people in the regions.

About 23 percent to 25 percent of the country’s cultivated lands are planted with coconut trees, and an estimated 30 million people are partly or wholly dependent on the coconut industry as their sources of livelihood.

Historically, the Southern Tagalog and Bicol regions of Luzon and Eastern Visayas were the centers of coconut production.

In the 1980s, Western Mindanao and Southern Mindanao also became important coconut-growing regions.

The Philippines is the second largest producer of coconut products, next only to Indonesia.

Coconet has also won the Nature’s Wisdom Award for encouraging people to be in social and technological harmony with nature and the Global 100 Eco-Tech Awards during the World Expo 2005 in Aichi, Japan.

*********************
tignan mo nga naman so many uses for coconot products.... cough cough....

[green_phlegm]

Hi to all. Am a newbie here and entrepreneur too. I remember this quote which somehow sums up how to become a successful entrepreneur.

You do not merely want to be considered just the best of the best. You want to be considered the only ones who do what you do.

(By the late Jerry Garcia of the Grateful Dead -on why his band succeeded when others failed.)

[beefnmushroom]

I do not know your intent of asking my qualifications. I only provide my CV for for those who are intrested in my services..not to bandy my achievements, but as reference for them to see if my qualifications and experience will be of use to them. I have a good body of work and track record and experience through my years of experience known to quite a number of people within the industry. My academic preparation is also sound having gone through the usual route of a good all girls exclusive Catholic education and on to Unversity for college and Graduate school.



I've heard of this quote long ago:
"Those who can... do. Those who can't... teach."

I'm not saying that it's true all the time, but there are so many here in PEx who have read a lot of business books and think that they know how to run a business. Even in the academic world, wherein the professors don't practice what they preach. Theory is good. But experience is better.

It's good that you clarified your track record. At least now we're sure that you know what you're talking about. Unlike some of the posters in this thread...

:)

[beefnmushroom]

I'm actually currently in a business...At first i was actually hesitant about it but after attending a number of seminars, conferences, hearing first-hand testimonials and actually getting to know people who have succeeded in this business, i am convinced that i made the right choice!



what mlm company are you involved it?

[tennisace]

I'm actually currently in a business...At first i was actually hesitant about it but after attending a number of seminars, conferences, hearing first-hand testimonials and actually getting to know people who have succeeded in this business, i am convinced that i made the right choice!

What convinced me to do this business is the simple fact that to own a business, there are specific things that you must consider...First off is that it should be unique-otherwise u will end up being in the rat race, trying to beat your competitiors; it should be tested, proven, and therefore stable-to ensure the credibility and quality of the business; it should follow the trend or go according to researched future trends-to give you security on how the business will go years from now...among others.

The main goal of this business is to help other people..not to be corny or suck up to you guys but it really is...so anyone who is interested, i will be glad to share it with you guys because i've been reading the posts and i see a lot of people looking for a business where you can ensure that your money won't go to waste...and i am just like any of you guys so I want to help. I am also currently doing good in the business.

Let me just say that everyone of us is making a right decision by starting our own business...we only have to choose the right opportunity for us. :spinstar:

"There is no such thing as job security [when you are employed]...Job Security is when you wake up in the morning, look at yourself in the mirror...and you are talking to the boss!" - Randy Gage

Sounds like you have just been indoctrinated into the world of Multi-Level Marketing. I recognize the MLM pitch ;)

I'm with beefnshrooms on this one... So, which MLM are you involved in?

[omeng]

hello guys!

I just watched the first episode of TRUMP Apprentice last night in a new time slot at Abc5. Dang! Good reality tv show.

This later evening with Martha Apprentice naman.

[Trevi]

I've heard of this quote long ago:
"Those who can... do. Those who can't... teach."

I'm not saying that it's true all the time, but there are so many here in PEx who have read a lot of business books and think that they know how to run a business. Even in the academic world, wherein the professors don't practice what they preach. Theory is good. But experience is better.

It's good that you clarified your track record. At least now we're sure that you know what you're talking about. Unlike some of the posters in this thread...

:)

First off, this is a public forum. As it being PUBLIC. Everyone has a right to share and it is up YOU to the person to weed out what is of VALUE and what is FODDER. No one one needs to CLARIFY, QUALIFY, VERIFY and AUTHENTICATE anything to anybody in this forum because at the end of the day, It is YOU who chooses what to take.

I have read your back posts- your responses and more importantly, the evident nuances of your posts (skeptical/pessimistic). Which gives me a picture of a person to be either uber- SUCCESSFUL (good for you...share us your lessons) or just JADED (won't help to move forward', bad karma pa), I didnt intend to respond further, but I got quite irked with the term CLARIFY which IS condescending. But then again, if my profiling is right, I should not be surprised. Jut put a lid on the negativism...Baaaaaad for business :D and not fair for the PEX participants who may see (and appreciate) this thread as a means of pointing them to the right direction.

Just keep an open mind and Let's just help each other in this forum in whatever way we can.

And to humor it.....just remember, OPINIONS are like A*SHOLES, everybody's got one.

My apologies to SILENTMAX, OMENG and the rest PEX people. I just needed to vent.

[omeng]

No need. No big deal. :D

[omeng]

Max, napapadalas ang ubo mo. May bird flu ka rin? he he


"Find some humor in your failures. Don’t take yourself so seriously. When all else fails, put on a silly costume and sing a silly song.” - Sam Walton

It really works! :D

[beefnmushroom]

yeah, no big deal if you want to vent.

i was just clarifying.

-- mr. a-hole

[modern_venus]

what mlm company are you involved it?

Sounds like you have just been indoctrinated into the world of Multi-Level Marketing. I recognize the MLM pitch

I'm with beefnshrooms on this one... So, which MLM are you involved in?

MLM it is ;), and i find it funny when people get defensive about their business when others ask if it's MLM...coz if you look into companies that have been using this kind of strategy (i.e Pepsi, Campbell's Soup, AT&T, Ford, Chrysler...and the like), they have been successful in their business endeavor coz it is really a matter of choosing the right business/company.

I'm in a new business right now and I am very happy with my decision even if i am still doing it part time, it has passed all the criterias for a business of the 21st century and is reaching acceptance globally..plus, i'm earning more and planning to do it full time. To those who are interested to learn more(hopefully not just for the sake of it), just PM me.

In the mean time, hello to all people in this thread :)

[omeng]

I don't know..

I can't still say to MLMers.. the word "goodluck". Pardon madame' :(

[modern_venus]

^^ no problem, thanks for wishing me/us well...I won't push it to anyone naman, i'll just be active sa thread na to and let's see where it goes, i'm very confident about it ;)

[Trevi]

MLM business is not for everyone. Meron talagang magaling sa business na ganyan. Recruitment and Selling. Sad to say, I am NOT one of them. I tried once but never got past the Orientation stage...I have a 15T pack of expired beauty products sitting in the storeroom to remind me of it. I know of some who thrive and attain their financial objectives thru MLM.

Good luck to you Modern Venus.

Good morning to ALL.

[modern_venus]

^^thanks Trevi, I know you are also doing good in your own line of business and so from one business consultant to another, let me just say that your participation in the thread as someone who is willing to help and share what u know is a good way of practicing your profession and is surely appreciated by the peeps here. :spinstar:

*74% of the top 1% wealthy people own their own businesses...goodluck to everyone of us.

[SILENTMAX]

modern venus.

sorry to say but mlm's and their sales agents are not looked kindly upon in this thread. you are welcome to drop by here anytime and post. but it should be about being an entrepreneur and not being part of a networking sales company.

although as much as you want to believe you are being an entrepreneur in being a part of an mlm company. it is really like comparing apples to oranges. when that company "you work for" closes so ends your stint there.


@omeng
medyo madalas nga ang pa ubo ubo noh? heheheh hirap talaga nang panahon hehehhe. would you beleive it e-vat passed na. tignan natin ganu tataas ang bilihin. construction supplies have risen 30 percent na on our end. lahat lang to dahil sa gasolina. panu pa kaya kung may vat na. implementation daw is nov 1.

[tennisace]

..... and so from one business consultant to another, let me just say .....

Interesting... Well, business consultants such as yourself are always welcome here. I'm certainly looking forward to any entrepreneurial insights you might want to share. I'm sure aspiring entrepreneurs such as myself can use some business guidance.

You should read my posts in some of the more popular MLM threads. I think you will find my posts informative and encouraging. Lotsa luck!

[omeng]

@ omeng
medyo madalas nga ang pa ubo ubo noh? heheheh hirap talaga nang panahon hehehhe. would you beleive it e-vat passed na. tignan natin ganu tataas ang bilihin. construction supplies have risen 30 percent na on our end. lahat lang to dahil sa gasolina. panu pa kaya kung may vat na. implementation daw is nov 1.

well, ganyan talaga ang buhay. :D

Si aling martha pala ang american woman self made billionaire. Hanep! *okay*

[omeng]

MLM business is not for everyone. Meron talagang magaling sa business na ganyan. Recruitment and Selling.

That's true, and i know one here in Pex.. he he

But again, MLM business for me is not business at all, and if it is, it's bad business. :(

[Trevi]

That's true, and i know one here in Pex.. he he

But again, MLM business for me is not business at all, and if it is, it's bad business. :(

I hope there will be no VIOLENT reactions to what I will say, But let me just SHARE my PERSONAL feelingS about MLM through a NARRATION

Our/My husband's business/ office is located in Prestige Tower. Emerald Ave. Ortigas. On the G/F is the office of and MLM called LEGACY (back side of the Bldg.) On times we come home late - around 7'sh-8 we would see LUXURY CARS parked and a lot of YOUNG PEOPLE MILLING AROUND the area (actually HOGGING it is a better word). For the unaware (I will point this out later, factual) it seems that ALL these young upstarts with their luxury cars and their coterie of downlines err..groupies have GOT IT MADE. Ang galing...and gu-guapo..ang gaganda ng mga tao EUREKA Money to be made in MLM!!! It's true... sabi ni SO and SO (iyong may-ari ng JAGUAR, dito niya ito nakuha and blah..blah..blah.. YES I Will strike GOLD too !!! --

SOMETHING SEEMED WRONG IT WAS TOOO PERFECT .. So i did some research. And I asked around (as TENANT of the BLDG., and under the guise of "security threat".. LIPS will loosen up...the BEST sources are the ones in-charge of the BLdg. security because its their job to nose around)..AND I WAS RIGHT..

ALMOST EVERYTHING WAS A GRAND PRODUCTION. ]MOST[/B] of the CARS were PROPS" (Rented)...MOST of the "MADE" PEOPLE were HIRED to ACT under the EMPLOY of the Company ..MOST of the GROUPIES (NO wonder they all seemed to be "dolled up") are PAID an Äppearance Fee...even SOME of the SECURITY of the BLDG. are given a "Silence Honorarium".

MY STORY ends here. I guess you all get my drift. Nothing Personal. It just AINT for me.

[omeng]

Mama Mia!!!

:D

[modern_venus]

silentmax: don't ya worry, i have done my own research on this and am really decided to go thru..and for one, i am not giving up my whole life just to go full time on it but i will really push thru. Also, i am not forcing anything on the people here or expecting any of the fellow entrepreneurs to join me in my endeavor as i have a lot of business associates and support with me already ;)

Trevi: I'm disappointed about that MLM company you are talking about. However, in my opinion MLM is really one of the most misunderstood businesses. There is actually a criteria to detemine if an MLM company is a fraud. Also, some pyramids go under the guise of MLM and that makes a big difference.

[tennisace]

I hope you guys forgive me for broaching this MLM issue. I promise I won’t do it again.

“Mama Mia!!!”

-----Shocking, but not unusual.

“..don't ya worry, i have done my own research..”
-----Research works a lot better if you know specifically what you’re looking for.

“74% of the top 1% wealthy people own their own businesses”

-----And of the 74%, what percentage are in MLM?

“..MLM is really one of the most misunderstood businesses”

-----I don’t think there is a misunderstanding at all. If anything, the misunderstanding comes from within the “network”. The MLM promoters and recruiters themselves are responsible for perpetuating the acts of misinformation, misinterpretation and misrepresentation. For instance, there is a big difference between “networking” and “network marketing”. MLM promoters and their cohorts take this to be as one and the same, even claiming that MLM is being taught in top business schools. Not so. What is being taught in schools are networking skills, a far cry from network marketing skills. MLM promoters and their lackeys also talk about MLM as being the “trend” of the future. “This is the future of business and x percent of all businesses will be operating under this model”, they say. This imaginary stretch was taken from John Naisbitt’s 1982 book “Megatrends”, where he mentions something about networking. I have to admit that his vision of this “network” has since become a burgeoning and unstoppable trend. The only thing is, the “network” Mr. Naisbitt was talking about refers to what is now known as “Information Technology” and the “Internet”. The concept and practice of MLM has been around for many decades. If this was such a future trend, I wonder why Microsoft, General Motors, Coca-Cola, Nike, Wal-Mart, General Electric, and start-ups both big and small has opted not to operate under this so-called business model. Just because Pepsi, Campbell's Soup, AT&T, Ford, Chrysler, and other companies make their products available through MLMs doesn’t mean that they are operating under the principles of MLM nor does their participation constitute an endorsement of MLM. A key issue in this MLM misunderstanding is the fact that MLM participants neither recognizes, understands, nor are they made to understand that there are two very distinct and separate entities in an MLM operation: the company who operates it (the corporation); and the participants of its operation (the independent distributors). The “hold harmless” clause contained in the terms of distributorship agreement will bear this out, albeit in very fine print.

“There is actually a criteria to detemine if an MLM company is a fraud.”

-----Indeed, there is a criteria. MLM promoters and recruiters tend to convolute the legalities and perceived legalities of what is legal or not. Politicians who are directly and indirectly profiting from MLM operations do not help either. So we have to look at this operation from the perspective of a real business. A business consultant such as Venus should be able to grasp what I call the “TennisAce Muster”, an MLM quick eval tool.

1) Are there actual Retail Sales to non-member consumers?
No doubt, we’ve heard of MLMs “70% Rule” and the “10 Customer Rule”, aka “The Amway Rules”. However, MLM advocates have very creative ways of interpreting this rule to their advantage, of course, and the DSA lobby is spending a lot of moolah to legalize this “product-based pyramid scheme”. Debra Valentine, general counsel for the Federal Trade Commission, clarifies the FTCs position:

“A lack of retail sales is a red flag that a pyramid exists. Many pyramid schemes will claim that their product is selling like hot cakes. However, on closer examination, the sales occur only between people inside the pyramid structure or to new recruits joining the structure, not to consumers out in the general public.” In cases pursued by the Commission, she explained that “the US courts noted that the 70% rule and 10 customer rule are meaningless if commissions are paid based on a distributor's wholesale sales (which are only sales to new recruits), and not based on actual retail sales.”

The bottomline is this: unless the majority of the income in the compensation plan results from the sales of products to non-distributor, retail customers, the MLM is nothing more than a disguised pyramid recruiting scheme.

2) Are the MLM company’s Disclaimers and Disclosures clearly stated and explained?
Contrary to what MLM promoters and recruiters say, there is always a catch and there are always conditions, and these double Ds are, more often than not, corporate Pontius Pilates: something that the company can legally wash their hands with at the first sign of trouble. Unless one understands what these are, one is not fully protected from any legal recourse that may be sought by disgruntled parties. The term “independent business owner” basically means that participants are left to legally fend for themselves. Unfortunately for prospects and participants, these are either glossed over sketchily or not at all in favor of the income matrix, which segues nicely into---

3) What are the actual average incomes per bonus or compensation level?
MLM promoters show prospects obscene amounts of money and material wealth they can make if they “work the system” and let the “system work for them.” It’s an easy claim to make, but, as my grandmother puts it, “the proof is in the pudding”. The math is rather simple: total gross payout per bonus level divided by the number of participants per bonus level. From these numbers, one can easily discern the actual income flow (who makes what?) and recognize the actual distribution of income (how much can I really expect to make at my current bonus level?). If the top 1% is making 90% of the money and the bottom 99% is scrounging for the other 10% (which is typical of MLMs, btw), how is that different from, in the words of MLM promoters and their cronies, having a job and working for the man?

4) What is the dropout rate?
A system that works and one that strives to create, promote and foster an environment conducive to corporate and individual success will have a very low turnover rate. A high turnover rate is indicative of unfulfilled promises, unrealistic potential and unattainable expectations - a discovery that can only be made inevitably after a prospect signs up and tries to "work the system". Furthermore, it is also indicative of the constant churning of recruits and the primary MLM focus of recruitment rather than real sales.

The letters and numbers required for the “TennisAce Muster” are not PFA (plucked from the air), unlike those that come from the MLM chalkboard. In fact, in the US, MLM companies are required by law to disclose these numbers to the prospects and its participants in order to mitigate fraud and to allow individuals to make an informed decision. If there is no such legal requirement in the Phils., it is still the moral and ethical obligation of the company to inform its prospects and participants. Those who either refuse to divulge the real numbers or finds an alibi to purposely withhold the real numbers have obviously something to hide. It wouldn’t take a business consultant to figure out that something fishy is going on.

Again, I apologize for this novelette, but I’m just venting. It’s okay to vent, right? Thanks for bearing with me.

[modern_venus]

^ Hey, those are great facts, in all sincerity! In fact, I could say that you have really done your research as well. And i could say that if those specific things were the process in the company that I am in, I would not have joined at all. But the thing is, I did, because definitely I am aware of all those facts.

The bottomline is this: unless the majority of the income in the compensation plan results from the sales of products to non-distributor, retail customers, the MLM is nothing more than a disguised pyramid recruiting scheme.

Indeed, as I've said, a lot of pyramids go behind the guise of MLMs, what we should take note of is that Pyramids make money from the registration or membership fees of people who want to join and so they encourage these people to keep on recruiting when what is actually happening is that they themselves are simply benefitting from the fees of the people 'registering' under them...In short, there is either more focus on recruiting people to register than on actually selling the product-that is, if they do have any-and if they do, it is usually overpriced and unjustifiable and yet the people are blinded by the fact that they get easy money just by getting people to register...this is indeed indicative of a pyramiding scheme and frowned upon...it is no wonder that there a lot of scams that have occurred and thankfully been exposed to the public. I may agree with you on your statement that the misconceptions is on the network itself - not because of, should i say, the brainwashing of people about how to go about it but mainly on what is the company's basic tennet on the concept of MLM...that is why a lot of misconceptions occur, because the companies who have started MLM have given a bad light to it when in fact when you look into what MLM actually is, it should not be this way at all. I have left my reference on a quote from President Bush himself, encouraging MLM in the states actually. Also, if MLM is so bad...Singapore who used to ban MLM should not have opened their doors to it a few years ago.

I would like to go into the other three details you have mentioned but if I base it on your aforementioned criteria, TennisAce, then I would have to say thank you so much for once again validating my decision to be part of the company I am currently in even if I have never even doubted it from the start.

As I have mentioned earlier, I have done my research with all the details I need to know in my mind and have made my decision after all these-and I don't regret it. Also, as you have posed a question regarding what i have quoted that 74% of the top 1% wealthy people own their businesses, let me just say that I find it uncalled for coz if you read my exact words - I have wished all of us goodluck because as entrepreneurs, we all have the chance to be part of that percentage because we own our businesses ourselves and that had nothing to do with any claims whatsoever on the exact percentage of MLMs. Now have you had a little less pessimism from the beginning that you read MLM then that statement should not have been taken as anything else but a good wish to everyone of us. But hey, this is a free country so you can vent all you want. ;)

Now see, Ms. Trevi here, has a very good point in what she has shared. In fact, the company she had mentioned is part of the list of MLM companies that the people abhor if you look at one of the threads with an actual list of MLM companies mentioned and upon hearing what pretentious schemes they have been exhibiting I do not blame the majority of people who practically curse MLM because the simple fact that they, or their relatives, have been victims of this fraud had caused them to feel this way. I myself have relatives who have been victims or pyramiding and MLM frauds so you can imagine how careful and thorough I was with my research. This is why it is important for everyone of us to be aware and adept in distinguishing the underlying motives and possible disguises of the company we are entering as well as be informed on what exactly is the company's basic idea of MLM.

Again, thank you TennisAce (does the nick mean u are good in tennis? ;)) and Ms. Trevi for your opinions. As well as for omeng and silentmaxx.

goodmorning to you guys!

[tennisace]

".....what i have quoted that 74% of the top 1% wealthy people own their businesses, let me just say that I find it uncalled for....."

-----It was a rhetorical question, although I must admit that it would be rather interesting to see the actual MLM percentage if only to validate the so-called "business trend" that MLM is supposed to be setting. :)

".....does the nick mean u are good in tennis?"

-----That is a question you will have to ask my opponents. :lol:

[Iron_Mask]

silentmax: don't ya worry, i have done my own research on this and am really decided to go thru..and for one, i am not giving up my whole life just to go full time on it but i will really push thru. Also, i am not forcing anything on the people here or expecting any of the fellow entrepreneurs to join me in my endeavor as i have a lot of business associates and support with me already ;)

Trevi: I'm disappointed about that MLM company you are talking about. However, in my opinion MLM is really one of the most misunderstood businesses. There is actually a criteria to detemine if an MLM company is a fraud. Also, some pyramids go under the guise of MLM and that makes a big difference.Hi modern venus,

For your sake, friends and your family, please do more research!

Please read everything about about the so-called "business" you are undertaking. It's not entrepreneurial!

Read very carefully each word, each sentence and each paragraph of each post of tennisace! Keep them to heart.

Stop recruiting! Pretty please. ;)

It will do you good! You'll not only going to keep your family, friends and colleagues, you will also keep your hard-earned money.

Best wishes! :)

[SILENTMAX]

guys if you wish to talk about this more in detail i suggest you open up a new thread regarding this conversation.

lets keep this thread focused on the topic "entrepreneurial"

[Trevi]

I hope you guys forgive me for broaching this MLM issue. I promise I won’t do it again.

Again, I apologize for this novelette, but I’m just venting. It’s okay to vent, right? Thanks for bearing with me.

Kudos to you TENNISACE. Very solid arguments. :bop:

You are NOT venting, you are actually EDUCATING us. We are not bearing...truth is, we look forward to more ! :) :)

And to Modern_Venus, I really do hope things pan out for you in MLM. I sincerely wish that you become one of the valid and genuine success stories of MLM. :)

Hi to ALL. :)

[bulakeno]

Kudos to you TENNISACE. Very solid arguments. You are NOT venting, you are actually EDUCATING us. We are not bearing...truth is, we look forward to more !

And to Modern_Venus, I really do hope things pan out for you in MLM. I sincerely wish that you become one of the valid and genuine success stories of MLM.



^^I agree..please continue to educate us, tennisace IN ANY THREAD! *okay*

VENT AWAY! :)

[omeng]

Again, I apologize for this novelette, but I’m just venting. It’s okay to vent, right? Thanks for bearing with me.

apology not accepted. :rotflmao:

[bleh]

wow, this thread's moving fast. nawala lang ko sandali.

hello omeng! thanks for the invitation again. i really appreciate being informed of these things.

trevi, i'm impressed with your posts. my company's a small boutique manufacturer and the business model's pretty simple but i guess it's almost unheard of. i want to pm you about it to see what you think but i wanna notify you about it first so you can view it when it is convenient for you.

[omeng]

always my pleasure, bleh.


Max, I've got my ticket for "10 Outstanding Entreps of the Year", did you get yours? Hope so. This is just once a year, right?

[modern_venus]

Iron_mask: thanks, but I am actually not recruiting FYI and I can assure you that I have done comprehensive research and will continue to do so as it is a good way to learn.

TennisAce: now that is something I am not good in-tennis! Even if we do have our own tennis court ;)

Ms. Trevi: Thank you so much.

Anyway, as silentmax had requested let us go back to the "entrepreneurial" conversation of this thread. I did not join this thread mainly to discuss MLM, we actually also own a Pharmacy, general merchandise, and computer shop.

Bleh, every business starts small, who knows? You'll be one of the biggest in the future eh? :)

[Trevi]

wow, this thread's moving fast. nawala lang ko sandali.

hello omeng! thanks for the invitation again. i really appreciate being informed of these things.

trevi, i'm impressed with your posts. my company's a small boutique manufacturer and the business model's pretty simple but i guess it's almost unheard of. i want to pm you about it to see what you think but i wanna notify you about it first so you can view it when it is convenient for you.
'
Thanks Bleh. You can PM me anytime so we can work our skeds. :) :)

[tennisace]

To the forum, I appreciate the kind remarks. :bashful:

Omeng, in that case, allow me to thrust my apologies up your entrepreneurial derriere. :lol:

M.Venus, I find tennis to be such a sure-fire relief for entrepreneurial stress. Imagine this: you whack a little yellow ball at 100mph into your opponent’s groin then you hear him let out a muffled groan as tears slowly roll down his cheeks. You watch him fall to his knees in perpetual slow motion as you pump your fist and yell, “C’mon!” ala Lleyton Hewitt. :eek:

Ok, that was just me venting……. Again.

And how was your day, entrepreneurs?

[mckoolit]

hello there :wave: just dropping by :) mag-aalok na rin, baka gusto nyo ng class A designer perfumes :D

[omeng]

And how was your day, entrepreneurs?

mine was tiring but glorious. :lol:

i'm sure, max is still counting his hard earned money.. mwehehehe :lol:

[SILENTMAX]

always my pleasure, bleh.


Max, I've got my ticket for "10 Outstanding Entreps of the Year", did you get yours? Hope so. This is just once a year, right?


nah boss didnt get mines. im not really for going out these days. low overhead lifestyle ang ginagawa ko hehehhe.

as for my day naman

runaway oil prices is creating havoc with our inflation. every thing has gone up within a span of a couple of weeks. murder ang meralco bill ko ngayun. :grrr:

i need to increase my prices according to rising costs pero im so afraid that if i raise costs mawawala customers ko. hay buhay nga naman. kanina pa nag absent yung pang night shift ko dahil may apendix problem. tapos yung supervisor trainee ko biglang nag emergency leave yesterday, monday na sya ata papasok ulit.

pero other than that kaya pa naman. hehhehehe hopefully magiging masaya christmas namin. with the changes ive made hopefuly magiging ok ang lahat.


*okay*

[omeng]

idol, in regards of savings energy(electric bill), Rey(aircon man, remember) and I will be having a meeting for this gadget. If this is ok, i will advise you.

[alterneek]

mr. silentmax, if you dont mind, can i ask how much you charge (per hour) on your gaming cafe's? did you get OEM or FPP licenses? sorry if i ask too much. i'm actually observing our "tambayan" shop so that i could assess if gaming shops are still profitable.

TIA

[SILENTMAX]

pls refer to previus post on my stance regardng commenting on my nature of business.

as omeng would say

the company made me sign a non-disclosure agreement
(sira ulo kasi yung presidente na yun medyo paranoid ata)

i shal now wave a banner of "trade secret" :D

[Trevi]

Share ko lang -

My younger sister (who is in NY) referred me to a filipina Mid-20's who became her classmate in Loyola Marymount. She has just came back recently to the Philippines (after 2 years of study) to try out a new biz model. Its an improvement of a Trading Post set up. The framework she gave me for advance reading was really very interesting. Its Barter with a twist - very ingenious. . I don't know yet what her plans would be but i know for sure that this will have some NGO participation (because of her scholarship). With the current economic situation, this biz model will help a lot of people to start a business...well sana huwag lang mapasukan ng politics (DTI is in dire need of a platform) at sabihin na government initiative. Its like giving a death blow.

I am so eager to know more about it. I am meeting her tonight. I don't know what will come out of it..walang clear agenda accomodation lang talaga. I hope she will allow this to be shared a lot to be learned - pati ako nakapagbasa tuloy ng HISTORY (??!!) to understand. Sumakit ang ulo ko.

Happy Sunday to ALL.

[pinoybigsister]

Okay for starters I've got two for you.


ONE

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Be the first to iintroduce your friends to a rival of Friendster.

Sign up yourself and then let others sign up.

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Just launched in the fall of 2005 (Oct 4)

It's free to sign up and we are just starting in the Philippines.

You earn $1.00 for every FREE sign up

Thanks a lot!


SECOND

I can grow your money 90% ($90 for every $100) through an online program in US.

NOTE: DON'T give me the money, you do the business yourself and be a pajama earner like me. Minimum spend is P350. (You can PM me for screenshots of my earnings) As long as you can point and click a mouse, ok na.

In fact this past week alone I earned $500 (THAT'S RIGHT, five hundred dollars). I am excited what will it be this coming week!

Just look at my homemade website (the landing page of the US based program) and see if this is for you.

http://all4webs.com/x/g/50percent/home.htm?15940=15243

You may even ask me for help, and I am willing to assist you.

If not, then at least I have tried to bring you this good news and you may send this email out to a friend.

Thanks a lot!

[modern_venus]

^^hm..shouldn't this be posted in Income Opportunities? ;)


M.Venus, I find tennis to be such a sure-fire relief for entrepreneurial stress. Imagine this: you whack a little yellow ball at 100mph into your opponent’s groin then you hear him let out a muffled groan as tears slowly roll down his cheeks. You watch him fall to his knees in perpetual slow motion as you pump your fist and yell, “C’mon!” ala Lleyton Hewitt. :eek:

Ok, that was just me venting……. Again.

And how was your day, entrepreneurs?

TennisAce: :lol:

[tennisace]

ModV., it gets better. Hehehe. Imagine doing that on your tennis court. :D Isn't that incentive enough to learn the game? :naughty:

Let's go, entrepreneurs! Let's run the money machines! Hooo-rah!

[modern_venus]

^^ I'd really love to learn the game..but nah..my Dad is good though, so I told him...il go do my business and you go play tennis :lol:

[omeng]

straight from Nanay Caring of national bookstore..

"Innovate or die."

[jazzy]

"Innovate or Evaporate" :)

Got a questions entreps.
I have this business to start and it requires technical expertise(web design and programming). I have a friend that posses this. Instead of paying him, im thinking of making him as a partner or an investor. Which is better? How much portion of the company should i give him?

The business is not a web design or programming business, so he'll just work on the initial development of the website and will maintain it.

Thanks for your inputs

[jazzy]

"Innovate or Evaporate" :)

Got a questions entreps.
I have this business to start and it requires technical expertise(web design and programming). I have a friend that posses this. Instead of paying him, im thinking of making him as a partner or an investor. Which is better? How much portion of the company should i give him?

The business is not a web design or programming business, so he'll just work on the initial development of the website and will maintain it.

Thanks for your inputs

[gustymoon]

Message written was intended for another thread. The remarks/post is OT.

[omeng]

"Innovate or Evaporate" :)

Got a questions entreps.
I have this business to start and it requires technical expertise(web design and programming). I have a friend that posses this. Instead of paying him, im thinking of making him as a partner or an investor. Which is better? How much portion of the company should i give him?

The business is not a web design or programming business, so he'll just work on the initial development of the website and will maintain it.

Thanks for your inputs

nandun ka sa event?

can you give us more details? Thanks

[tennisace]

"Innovate or Evaporate" :)

Got a questions entreps.
I have this business to start and it requires technical expertise(web design and programming). I have a friend that posses this. Instead of paying him, im thinking of making him as a partner or an investor. Which is better? How much portion of the company should i give him?

The business is not a web design or programming business, so he'll just work on the initial development of the website and will maintain it.

Thanks for your inputs
Jazz,

My opinion is that an individual is more apt to be productive, responsive, cooperative, innovative and responsible if that individual has a vested interest in the business operation.

How much portion of the business you would offer depends upon your friend's desire and level of compromise. You wouldn't want to insult your friend by offering him a pittance, but you wouldn't want to give the house away either. Start from a minimum percentage and work your way up until you find your friend's magic number. I can't tell you where to start; that is up to you to determine. After all, this individual is your friend, and you probably know more about him and his personal faculties than anyone.

Good luck

[Trevi]

"Innovate or Evaporate" :)

Got a questions entreps.
I have this business to start and it requires technical expertise(web design and programming). I have a friend that posses this. Instead of paying him, im thinking of making him as a partner or an investor. Which is better? How much portion of the company should i give him?

The business is not a web design or programming business, so he'll just work on the initial development of the website and will maintain it.

Thanks for your inputs

@Jazzy - do you mean...instead of paying him his PF (Prof fee) the amount of money will instead be put in the company as Equity ? How much is the cost of his services ? How much is the initial Capital requirement to start your business and your One year projected Operating Expense / Budget? What is the projected value of the value of the Business in 3 years ? These are just some of the figures to correlate if you are trying to figure out the % in share or equity. ALWAYS aim for a MAJORITY share. Not just above 50% but kung puede 99% :-) ... tama si TENNISACE.... :-)

Most of the time, its best to start, if POSSIBLE a business - Alone. The dynamics of a partnership may be quite tedious (though others thrive with this arrangement). It would be good that you are competent and capable with regards to your main line/core business (specialty / skills / service etc. whatever it is). It is difficult to depend on others when still on a start-up mode. Hiring/getting/partnering with someone because of his specialty should come later when its time to just "Manage the people, Managing your business". My opinion lang.

@ OMENG...are you not an Outstanding ENTREP awardee ??? or is it SILENTMAX ??? I know of one who is and gets the fees to seminars WAIVED. I think the arrangments are made through the ENTREP Magazine.

Hi To ALL. :)

[omeng]

Nakupo! Ako po'y isang hampaslupa na maglulupa lamang. :D

Pamiron-miron lang tayo dun. Naghahanap ng mabibiktikma.

If things goes well with Pareng Max businesses, I will nominate him next year.

[Trevi]

@OMENG that would be great...An outstanding Entrep awardee (Max) from this PEX forum. Seems like MAX is humble of his achievements, or again, as his DEFAULT, constrained by the franchisor to speak on his business. I think your declaration as next year's nominee speaks highly of MAX, I just wish he could share some of the brilliance for all to benefit, me included. *okay*

As "Mambubukid"(??!!) baka sa DBP or LANDBANK Outstanding Entrep ka. Namali lang ako ng award-giving body. :-) It was mentioned in the backreads that your biz was written about in a magazine right or TV ba iyon.? :bop:

Btw, I am now in the final stages of nego with the company/father of one of the PExers here (I mentioned in the previous post) for consulting services. If things go well, maybe this little lady will be a shoo-in for an award for one of the best Second-Gen turn-around re-invention thingies (can't think of a category). Shé's still raw BUT very sharp. *okay* Thanks to PEX another (possible) challenge to work on :)

As much as I would like to, I cant share in the backread...how was your business / earnings for the week post/question (by Max/ or was it you?)???...I may be on my own (to account for the basic entrep criteria) but still still hired help. your thoughts on this...(and everyone else who wants to contribute) (tennisace, pls indulge me :)

[SILENTMAX]

@omeng
walang ganyanan pare
im preasured enough as it is
alam mo naman pag meron nakarinig nyan tiyak may ma mamato
eh wala na ako pam bili pandesal para pam balik


@trevi
mam im nowhere near the level those people are.

if you must know(para walang backreading) im just a plain racketeer. i started when i was in highschool going to divisoria buying toy guns and nba cards and selling them in my province ive had many other failed ventures in between then i got to this "un-disclosed" business 6 years ago and have been at it since. up and down po siya. nothing good nothing great just your normal kind of business. im not a franchisee but ive been studying for the past 2 years how im going to franchise/incorporate/grow my current business.

im 25 palang po still a work in progress

[SILENTMAX]

btw. can anyone suggest any good business/entrep books to read?

ive run out of things to read lately.

[tennisace]

btw. can anyone suggest any good business/entrep books to read?

ive run out of things to read lately.
S.Max,

A couple of oldies but goodies by Harvey MacKay comes to mind:
---Swim With The Sharks Without Being Eaten Alive
---Beware The Naked Man Who Offers You His Shirt


Trevi,
Sorry, I missed the question :confused:

[PoshBoss]

Originally Posted by SILENTMAX
btw. can anyone suggest any good business/entrep books to read?

ive run out of things to read lately.


Stephen Covey's The 8th Habit. This book gives you inspiration and good business sense in running your biz.

[omeng]

Idol Max, believe me, you are qualified on that award. I'm not kidding. On books, i'm still reading "think like a billionaire" of trumpo.

Trevi, di po ako taga-showbiz. :D I'm just selling small islands.

Welcome PossBoss! You may want to share your biz experience to us.

[omeng]

from entreplink:


Dear Fellow Entreps,

In behalf of the Officers and the Grand EB Committee of EntrepLink
Philippines, we are inviting all EntrepLink members to attend our
2nd Grand EB (Entrepreneurs' Ball) 2005 on November 12, 2005,
Saturday from 1:00 PM to 6:00 PM at the Valle Verde Country Club,
near the former ULTRA, Pasig City.

Our theme is EntrepLink: One Passion... One Drive... One Link...

The Program Committee has prepared a fun-filled interesting program
for the event. Three top-caliber speakers have been invited to fire
up all EntrepLink members that will bring out the best of them.

1. Mr. Francis Kong

2. Mr. Efren Cruz

3. Ms. Maoi Arroyo

There will be raffles, games and prizes, product/service offerings,
alloted time for interaction, which we guarantee to heat up the
day's event.

Be sure to bring plenty of business cards, flyers, brochures, or
product samples and expect to receive same in return.

[Trevi]

Hello to ALL. :bop:

FYI.

I read in the BUSINESS SECTION of the Manila Bulletin Today (B-8) - that The search is on for RP'S "TOP YOUNG MARKETERS"- its called the 1st Young Market Masters Awards (YMMA). Its for Professionals and Practitioners 35 years and below.

There will be two main Categories - Practitioners (Marketing / Brand /trade marketing etc. Managers) who have developed a brand in a sustainable manner AND Entrepreneurs. These to categories will be further divided into several industry groups ( new/enhanced consumer products, service, B2B or advocacy. This is supported by the ***; PFA nad TNS Trends. *okay*

Submission of entries is on October 28 to November 25, 2005. Awarding will be on March 15, 2006. For more details, call 722-23-18 or visit www.mansmith.net to download the brochure and application form.

OMENG, MAX, TENNIS etal....it would be nice to have a worthy ONE or MORE entreps from this FORUM. You might want to consider nominating one from the forum :) para PRIDE ng thread. :bop:

@Tennisace, I wanted to get your thoughts about what you think of my business, if it is at all to be considered a business. I liked your discourse on MLM. Thanks. :)

[businessempire]

THIS IS IN RELATION WITH OUR EARLIER DISCUSSIONS


Franchising Details Of Mr. Donut And Dunkin:


Let me share to all those who are interested in franchising these 2 business after both companies have provided me details even as I have not yet signed in. These details are not confidential in nature after all. My earlier problem was that these information were not available until I ask from them for more details.

Let this be my simple way of making life easier to some members of this forum who are contemplating to do business with them and providing these details I' m sure, would be of help in your decision-making.

Firstly, I say Mr. Donut, I think, has better terms than Dunkin.

But I cannot say which of the two has better franchise support and better taste donuts/products that appeal more to potential customers. Nevertheless, during my inquiry process, both company people I talked to were quite courteous and very accommodating though the other one manifested unethical behavior (one staff had referred my name to another franchising firm...a very reputable/branded (USA)coffee business providing franchise opportunies as well outside of Donut business - [separate company] without my knowledge)

Franchising Fees/Other Investments:
Mr. Donut: PHP120T for 4 years for all types of outlets
Plus 100T OR 200T OR 300T ..... (more or less up to 750T depending on your outlet type and renovation costs)
Above details are available on their website
Profit margin: 30% of Gross Sales of which you will get the amount for rental fees (malls ranging from 15T 20T 25T 30T generrally for food cart type)
From the 30% you will also get the salaries of your staff and other miscellaneous fees. The Balance left is your Net Profit.
No Royalties. No Cooking. No Refrigeration. Simply, products are delivered and you sell them (of course there are some you need to prepare like spaghetti, chocolate drinks etc. if you decide to offer them too)
WITH FULL TRAINING AND FRANCHISING SUPPORT.
Sales 100%
Cost 70%
----
Gross Profit 30%
Rentals xx
Salaries xx
Others xx xx
----
Net Profit/Loss xx
====

I will cut short Dunkin's:

Franchise Fees: NONE (NO CASH OUTLAY EVEN ONE CENTAVO)
BUT YOUR GROSS PROFIT IS ONLY 15%
NO ROYALTIES ..........
DUNKIN WILL PROVIDE EVERYTHING....... THE FOODCART, SUPPLIES....WELL.... EVERYTHING. ALL YOU NEED TO DO IS TO SELL.
If you're not earning, they'll get it back and your business is gone.

I made an analysis for both donut companies which I'm lazy to show here anymore. But as a summary, it turned out the ff findings......

EXTREMELY LOW RENTAL FEES FOR LOCATION BUT EXTREMELY HEAVY FOOT TRAFFIC (NOT JUST VERY HEAVY BUT EXTREMELY HEAVY) is the key for survival. Even if you have a very good location but if the sales cannot catch up with your expenses (especially high rentals) it is the END OF YOUR BUSINESS.

For Dunkin, they don't offer franchise anymore in Metro Manila. They offer me a franchise faciltiy all over CAVITE AREA (ako lang daw ang may hawak and to say the investments are in MILLIONS.... come on........ I am not that rich.. up to 400T to 500T lang kaya ko) What they can offer in MM is dealership and not franchise (but same concept as Mr. Donut iba lang ang definition.....only in food carts and not store type) Gross profit is only 15%, that means you have to sell BILLIONS OF DONUTS TO SURVIVE, say, if you want to stay at SM MALLS.

FOR MR. DONUT maybe a little bit less...say you only need to sell about a BILLION DONUTS.

Guys, what I am trying to say here is that, you must find a very good location but with very low rental fees. And heavy sales as well.

Too bad, I have roam around Metro Manila and I found many many good locations (malls included and they offer space for me) but sales projected are not enough to survive. In my analysis, as if the deal is telling me, THERE SHOULD BE NO RENTAL FEES (silent rule ?) AND SELL TONS OF DONUTS.....for God sake....!!!! IT'S A BIG JOKE !!!!

Now I can say... the PHP120T franchise fee of Mr. Donut is quite expensive and should be a bit lower. IT IS NOT CHEAP AS EARLIER SPECULATED. DEFINITELY NOT!

For Dunkin Donuts, no cash investment outlay seems attractive and better than Mr. Donut. But its actually worse based in over-all terms. CRAZY TERMS I would say. (unless if you have low rental fees with very high sales eh !)


I think I am giving up.


--------------------------------------------------------------
Well, its all Souls Day. Is it proper to greet everyone a happy all souls day ? (just kidding....just want to give myself a break) !!! :eek:

bye now!

[Trevi]

Happy Halloween to ALL. :-)

@businessempire - Last Friday, I went to the wet market of ROSARIO Pasig (Right side after the C5/Ortigas Flyover coming fr Meralco) to buy some vegetables. I havent been there for awhikle and I was surprised to see that it has become a mini-bullpen of Bakeshops...GAL's, JULIE's, MR.D, DD and about 5 neigbohood BShops. What caught my eye though, was this Dingy Hole-in a Wall (its beside the carienderias on the left on the Side of ALfonso Supermarket- One display stand but MAJOR (considering the place/size) merching HAPPY HAUS (Donuts) - I suspect it was a Beta Test of a soon-to be Franch. The fancy D's and logs go for 9.50 ea. The taste/quality is 2 - 3 notches below DD/Mr.D but appearance is almost the same.

I am not a great fan of franchises but I made mention of this in case you want to explore other D's and market segments. You can ask around about this.

[prestige]

hello to all. did some backreading. very interesting exchanges. think i found the perfect place to post my question.

here's the picture. ive just finished college and i really want to start my own business. ive been doing buy and sell for a very long time. i started way back in HS i think. when i was in my 2nd year college, i took over the operations of my sister's business. it isn't a very big business, but it requires good negotiation and marketing skills. i am still the operations manager at the moment, but once i have come up with my career plans, i am resigning na from this post. i guess what im trying to say really is, ready ako to face the risk of enterprising.

i do not plan to borrow my start-up capital, will work with what little savings that i have. i have a million ideas inside my head. kaso lang, i could not pin down the one market which would be good to me.

ano kaya?

[SILENTMAX]

well at least you got the business side down. and experience is the lesson thats never thought at any school.

its good that you dont plan to borrow to start your business. its always good to start small. at least from the onset you know if the business is viable without a lot of risk in capital just a risk in effort.

now the thing now is to find your inner entrepreneur to find that "one" idea that you think will work out and something that you will love to do.... take your time dont be in a rush. all i can say is "research research research"


just remember nice and slow. dont rush things. if the business is meant for you it will work itself out you just have to have faith :)

[SILENTMAX]

laughter is still the best medicine....

A timeless lesson on how consultants can make a difference for an organization…

Last week, we took some friends out to a new restaurant, and noticed that the waiter who took our order carried a spoon in his shirt pocket. It seemed a little strange. When the busboy brought our water and utensils, I noticed he also had a spoon in his shirt pocket. Then I looked around saw that all the staff had spoons in their pockets.

When the waiter came back to serve our soup I asked, “Why the spoon?”

“Well,” he explained, “the restaurants’ owners hired Andersen Consulting to revamp all our processes. After several months of analysis, they concluded that the spoon was the most frequently dropped utensil. It represents a drop frequency of approximately 3 spoons per table per hour. If our personnel are better prepared, we can reduce the number of trips back to the kitchen and save 15 man-hours per shift.”

As luck would have it, I dropped my spoon and he was able to replace it with his spare.

“I’ll get another spoon next time I go to the kitchen instead of making an extra trip to get it right now.”

I was impressed. I also noticed that there was a string hanging out of the waiter’s fly. Looking around, I noticed that all the waiters had the same string hanging from their flies. So before he walked off, I asked the waiter, “Excuse me, but can you tell me why you have that string right there?”

“Oh, certainly!” Then he lowered his voice. “Not everyone is so observant.”

That consulting firm I mentioned also found out that we can save time in the rest-room. By tying this string to the tip of ‘you know what’, we can pull it out without touching it and eliminate the need to wash our hands, shortening the time spent in the rest-room by 76.39 percent.”

“After you get it out, how do you put it back?”

“Well,” he whispered, “I don’t know about the others, but I use the spoon.”

[travy]

^^
hehehe
galing naman ng consultant nila

[Trevi]

hello to all. did some backreading. very interesting exchanges. think i found the perfect place to post my question.

here's the picture. ive just finished college and i really want to start my own business. ive been doing buy and sell for a very long time. i started way back in HS i think. when i was in my 2nd year college, i took over the operations of my sister's business. it isn't a very big business, but it requires good negotiation and marketing skills. i am still the operations manager at the moment, but once i have come up with my career plans, i am resigning na from this post. i guess what im trying to say really is, ready ako to face the risk of enterprising.

i do not plan to borrow my start-up capital, will work with what little savings that i have. i have a million ideas inside my head. kaso lang, i could not pin down the one market which would be good to me.

ano kaya?

I agree with SilentMax on 3 points he mentioned that will help you - (1) Experience is an advantage (2) Take calculated risks and (3) Research. :bop:

But i will hasten to say, in my opinion, that GO and WORK for others first- If possible in a Company related to / in the industry/market/sector you are considering to go into as a business. - give it about a year, two max. But don't stay longer as "career paths" tend to settle in therafter. With the proper mindset (and objective), it would not be a waste of time (to defer plans of going on your own) but a enriching / learning experience for free - while your time is paid for. :)


Good Luck.

[beefnmushroom]

I think I am giving up.


that's right, you really should give it up.

with your current attitude, you won't go very far. (obviously, i'm not the type who sugarcoats comments). how do you expect to build your business empire? if you still want to blame the franchisor for your miserable business career, you might as well look for a job because you're too weak to be an entrepreneur.

but thanks for the information about dunkin and mister donut, very informative.

regards,
devil's advocate

[beefnmushroom]

hello to all. did some backreading. very interesting exchanges. think i found the perfect place to post my question.

here's the picture. ive just finished college and i really want to start my own business. ive been doing buy and sell for a very long time. i started way back in HS i think. when i was in my 2nd year college, i took over the operations of my sister's business. it isn't a very big business, but it requires good negotiation and marketing skills. i am still the operations manager at the moment, but once i have come up with my career plans, i am resigning na from this post. i guess what im trying to say really is, ready ako to face the risk of enterprising.

i do not plan to borrow my start-up capital, will work with what little savings that i have. i have a million ideas inside my head. kaso lang, i could not pin down the one market which would be good to me.

ano kaya?


sales, marketing, and negotiating skills are the most important skills in any business. you seem to have those skills already. in your current state, you're probably better equipped than most of the posters here.

i agree with Trevi's suggestion, while you're still sorting out your ideas, get a job first. work to learn, not just to earn.

[tennisace]

Hello to ALL. :bop:
@Tennisace, I wanted to get your thoughts about what you think of my business, if it is at all to be considered a business. I liked your discourse on MLM. Thanks. :)
Well, from what I’ve read, it seems to me you’re on track.

You have the right education. Your entrepreneurial pursuits are diversified. You have established a track record to back up your considerable experience. You exhibit a business sense that is apparently better than most. You embrace a certain degree of altruism. All of which are hallmarks of a successful entrepreneurship. All I can say is that from here on out, maintain your focus and never lose sight of why you made a conscious decision to become an entrepreneur and/or mentor.

Every would-be entrepreneur dreams of success. However, even a small dose of success, whether perceived or real, has a nasty habit of sidetracking even the best of us. One day, we just wake up and our focus and priorities have changed. Suddenly, it’s all about the money and the accumulation of materialistic wants. The day you feel the urge to spend your money to impress your friends, colleagues and even your enemies is your day of reckoning. This is your mind’s way of telling you that you’re losing your focus and your reasons for doing what your doing has changed. You have to make a decision to either get back on your original tack or give in to the guilty pleasures that can very well spell your doom. I’m not saying that it’s wrong to spend your money on expensive things. There’s certainly nothing wrong with rewarding yourself with some of the better things in life. But there is something wrong when you buy a $300,000 Maybach just so you can rub it in everyone’s faces to tell them in a loud way that you’ve got more money than they do. At certain points during your lifetime, you will have to re-assess what you're doing with your life and re-establish where your priorities lie. The only person you need to impress the most is yourself.

There are those who will be quick to equate success with the accumulation of money and material gains. As far as I’m concerned, money and expensive things are a just a measure of the appearance of wealth. True success can only be measured by the lives one has touched in a positive way. Knowing that I have helped even one person change his life for the better is a lot more fulfilling than having $1M in my pocket. In my opinion, money simply represents the potential of success. What you do with it will ultimately determine what it’s really worth.

[Trevi]

@Tennisace. Thanks for taking time out to make your comments. After your scathing take on MLM which I found enlightening i just wanted to know what your thoughts are on Consultancy. Personally, I am not one to be attached to the trappings of material things - As they say, success has its excesses. My family and I have more than enough and still have left to share. There have been a lot of people who were kind and generous along the way..so its time to pay it forward.

Hello to beefnmushroom and to all Pex Entreps.

How Bad(??) will VAT be for your business(es) ...If you ask me, it kinda puts a damper to the much awaited X'mas run-up. I still hope all entreps will enjoy/take advantage of the season. I myself is gearing up for mine, though honestly, I don't think it will peak as much as last year. If it does, I think it would be much later - my guestimate would be in the mid December.

Time to put up the X'mas Tree.

[Trevi]

@omeng
walang ganyanan pare
im preasured enough as it is
alam mo naman pag meron nakarinig nyan tiyak may ma mamato
eh wala na ako pam bili pandesal para pam balik


@trevi
mam im nowhere near the level those people are.

if you must know(para walang backreading) im just a plain racketeer. i started when i was in highschool going to divisoria buying toy guns and nba cards and selling them in my province ive had many other failed ventures in between then i got to this "un-disclosed" business 6 years ago and have been at it since. up and down po siya. nothing good nothing great just your normal kind of business. im not a franchisee but ive been studying for the past 2 years how im going to franchise/incorporate/grow my current business.im 25 palang po still a work in progress

Hi Max. Share ko lang. Sometime in the 90's, I attended a short biz course on Retail Admin and Franchising in the US Midwest under the auspices of Hallmark and Rusell Stover Candies. I was with a filipino student (we were 4 in the batch) - (currently the owner of One of the local-small -famous- ill-rep FRANCHISING (??!!) Company in NCR) who really put to heart what we learned - the sad part is he got the BAD part - he did it to put one over so many of our kababayans. Funny thing, During one of our session breaks we had a talk and, he had it down pat (as early as then) that his "market" (victims) would be the OFW's, The "un-learned" and "Un-schooled" who didnt have time / or didnt have the skills - this "turn-key" business would be the way to success (perdition??). You would not believe how much money this man makes on selling a pipe dream!!!! (As of last count he was offering about 30++ D/E Franchises being advertised -actually just a re-packaged idea!!!). The most disturbing thing is that his success has bred a lot of "practitioners" doing the same thing. I hope that whatever you learn from franchsising will be put to good use for yourself and your business first.

Take the cue from Dennis Nakpil (Dencio's) started small, made a good business, a good name / brand then sold the goodwill to the LORENZO's..for ______ Million pesos !!!! Now its the LORENZO's Parlaying it to a Franchise. (BTW Pancakes too) Good Luck. :)

[PoshBoss]

Welcome PoshBoss! You may want to share your biz experience to us.

Thank you for welcoming me Omeng! This is my first time to join an online forum for young entrepreneur and I find it very exciting and informative.

I'm currently running a small outbound call center business, we are calling the US. Right now I have 8 agents working for me. I've been running this for about 10 months now and it's financially rewarding. We operate from Tuesday to Saturday. It's a good business, I get to rest and enjoy more hours than any traditional business set up. Money here is fast and good. But, I have a problem I am not very smart when it comes to managing money, I have like 3K in my savings account where I get between 50K-60K net/month. It's getting me crazy when I think where I am spending my money. I am afraid that one day my US client will suddenly pull out, where will I get the money to pay for everything to run the call center? I'm might be good and lucky finding good business deals but I am poor in managing my finances.

I tried some methods like keeping a record and etc but it doesn't seem to help me. If there's anyone out there who have been in my situation before or knows how to handle this money problem effectively, please don't hesitate to give me advise. I think I really need it.

I'm 25 years old.

Thanks so much.

[prestige]

^ thanks to all. mixed replies. i hope to come up with the best choice. question though (blame it to my stubborn mindset), because i've been working and earning on my own, i feel that i would be wasting (lack of a better description) my skills and time if i apply for a job somewhere else.

to make things messier, this october when i confirmed that im done with my college, i received an offer for a restaurant managerial post from one of our financiers. tempting offer but i cannot be tempted just yet. another, i also got a partnership offer from my sister in the expansion of her businesses. mas tempting ito. only, i long to get out of this comfort zone.

there are just too many opportunities. clouded na judgment ko.

[prestige]

@posh boss: dont know if this would be of help. pero if the problem is nade-deplete ang account mo because hindi efficient ang bank handling, do choose a bank with very good customer service.

to manage my finances, i opened two accounts sa bank, one for my savings, the other for my OBs. the bank takes good care of my accounts. lahat ng pumapasok na payables, i have a list which i reconcile with them every morning. in case i failed to anticipate some withdrawals or encashment ng clients, the bank personnels would remind me in advance to avoid ODs and other penalties. also, as much as kaya, i rarely withdraw from my savings. am a bit tightfisted when it comes to handling and spending my hard-earned money. paikot-ikot lang.

sana nakatulong. im 21 by the way. still learning the biz world and language. :)

[businessempire]

beefmushroom,

whoever you are you don't know what you are talking about.

you absolutely failed to get the point. please read between the lines and use your head and brain before making such comments.

i did my homework and came out with my evaluation that these two franchise businesses are not worth unless one would meet some relevant requirements. this is the reason why i say i may give them up and consider other businesses currently i am also researching now.

you are reading my statement and understanding the choice of words at its face value.

mister or miss beefmushroom, what i meant saying giving up was that the business may not be viable. i am definitely not blaming the franchisor. that is their right in the first place and i know they can dictate the terms. i am saying the terms and conditions are not quite acceptable.

my conclusion therefore was made after i did study everything because i did my homework. that is my point eh.

and for you beefmushroom, who do you think you are ? and do you know whom are you talking to ? hahahhahaha!!!! i am too weak to be an entrepreneur ? well assuming that is true, your comments reflect the kind of person you are. and i don't have to waste my time to further comment and respond back to you. RUBBISH !!!

trevi,

i will reply back to you later privately or thru this forum.

[Trevi]

Thank you for welcoming me Omeng! This is my first time to join an online forum for young entrepreneur and I find it very exciting and informative.

I'm currently running a small outbound call center business, we are calling the US. Right now I have 8 agents working for me. I've been running this for about 10 months now and it's financially rewarding. We operate from Tuesday to Saturday. It's a good business, I get to rest and enjoy more hours than any traditional business set up. Money here is fast and good. But, I have a problem I am not very smart when it comes to managing money, I have like 3K in my savings account where I get between 50K-60K net/month. It's getting me crazy when I think where I am spending my money. I am afraid that one day my US client will suddenly pull out, where will I get the money to pay for everything to run the call center? I'm might be good and lucky finding good business deals but I am poor in managing my finances.

I tried some methods like keeping a record and etc but it doesn't seem to help me. If there's anyone out there who have been in my situation before or knows how to handle this money problem effectively, please don't hesitate to give me advise. I think I really need it.

I'm 25 years old.

Thanks so much.

May I butt in - Get yourself a GOOD Bookeeper. Do not HIRE a fulltime one. Get someone to do your bookeeping 2x a week (thats about 3-4T a month). She/He doesnt have to be a CPA (you can pay a freelance CPA to sign for your annual taxes etc when you need one). Banks ALWAYS give the same service and they are more on the reporting / updating of your cash flow etc. You would need a hired hand to simplify reports of disbursements and PNL etc. at the end of each period so you know your profit/status of your business.

There are MANY instances when you can SPEND, but very few times you can save. So SAVE up as much as you can. And yes, do not be complacent you do not know till when the (same amount of) money will come. (I presume that you are into VOIP - its heydey for now as it thrives on the "gray" NTC rules, but the bigger boys will soon crack the whip) Open your eyes to other businesss you can hedge and/or diversify.

My two cents worth lang. Kudos to you. You are doing a good job. :)

[omeng]

OMENG, MAX, TENNIS etal....it would be nice to have a worthy ONE or MORE entreps from this FORUM. You might want to consider nominating one from the forum :) para PRIDE ng thread. :bop:

si tennis? hhhmmmm... parang kano yata yan eh:D . si max talaga ang pambato. o kaya si devil's advocate. *okay*

[omeng]

hello to all. did some backreading. very interesting exchanges. think i found the perfect place to post my question.

here's the picture. ive just finished college and i really want to start my own business. ive been doing buy and sell for a very long time. i started way back in HS i think. when i was in my 2nd year college, i took over the operations of my sister's business. it isn't a very big business, but it requires good negotiation and marketing skills. i am still the operations manager at the moment, but once i have come up with my career plans, i am resigning na from this post. i guess what im trying to say really is, ready ako to face the risk of enterprising.

i do not plan to borrow my start-up capital, will work with what little savings that i have. i have a million ideas inside my head. kaso lang, i could not pin down the one market which would be good to me.

ano kaya?

focus on trading. international trading, if you can.

[omeng]

businessempire,

natawa ako sa MD offer at lalu na sa DD.

newei, hunt more.

[beefnmushroom]

you are reading my statement and understanding the choice of words at its face value.


almost all the business people i interact with don't want to waste time, so they speak and write in a straightforward manner. and that was what i expected from you because of your catchy "business" nickname. so i have to read between the lines? oh well, if that's your style of writing.


and for you beefmushroom, who do you think you are ? and do you know whom are you talking to ? hahahhahaha!!!! i am too weak to be an entrepreneur ? well assuming that is true, your comments reflect the kind of person you are. and i don't have to waste my time to further comment and respond back to you. RUBBISH !!!


it doesn't matter who i think i am. and i definitely don't care who you are. all i know is you're a "businessman" who thinks 120,000 pesos is an expensive franchise fee. so please, please don't respond anymore.


regards,
devil's rubbish advocate

[speQter]

Break it up, guys (or girls).

Businessempire, thanks for the information on the Donuts franchises.
And Beefnmushroom, thanks for reminding me about pressure (I've been slacking off lately).

[tennisace]

Trevi,

Business consultants (not to be confused with MLMers who call themselves “Business Consultants”) are a boon for entrepreneurs. Making the transition from working for a business to working a business can be difficult for a lot of people. It’s a total paradigm shift and a battle of diametrically-opposed mindsets. Biz consultants give the budding entrepreneur an unbiased set of eyes to view the business from the proper perspective and helps ease the entrepreneur into the rigors of operating a business while pointing them in the proper direction. In the US, there is an organization called SCORE (Service Corps of Retired Executives) who helps entrepreneurs and biz start-ups get on the right track. They act as advisors/mentors for as long as it takes for the entrepreneur to go at it alone and they remain an important resource during the course of business. The best part is, the service they offer is totally free. Talking about paying it forward. It would be nice if there was something like this in the Phils.

A couple of people here are familiar with my MLM background. I don’t believe I shared this little tidbit before, but I was once kicked out (or should I say forcefully ejected) from an MLM presentation at a venue in Mandaluyong when I peppered the presentor and his hired goons with questions pertaining to the “T.Ace Protocol”. It was a gratifying experience, not the kicking out part, but the fact that more than half the attendees and their sponsors walked out with me. We ended up having a meeting of our own over a basket of fried chicken.

The statements I made regarding success excess were intended for all. I don’t have to give this forum a whole spiel about the human disease called “status”. Simply look around and you’ll see it in folks who put their wants over their needs in an asinine attempt to feed their addiction for one-upmanship. We all have this defective gene, and at one time or another, we have allowed it to manifest itself. In fact, a whole industry was built around this disease. It’s called premium brand counterfeiting. If the money being made is any indicator, we can say it’s definitely a pandemic.

I just wish I had a business empire.

Sorry, I’m venting again.

[omeng]

PoshBoss,

suggestion of miss trevi is ok, believe me.

[omeng]

THE STORY OF HENRY SY
'Opportunity is where you find it, not where it finds you'

(Speech delivered by SM Group CEO Ms Teresita T. Sy at the Management Association of the Philippines' (MAP) 4th International CEO Conference last Oct. 19, 2005)

SURVIVING DURING A TIME of crisis is a matter of choice. We have learned from our own experience that going into business and staying in it during difficult times is a deliberate choice one makes. You have to want to weather through the tough times.

And while we may have little control over external factors during crises, we can in a way control our destinies by the choices we make. Many things will depend on your own survival instinct, as in many things in life.

All of us here have our own concept (or theory) of business. Some of us think of it as a need, others see it as an exciting endeavor, and there are those of us who think of it as too stressful, especially during slow economic times like this.

Business is the same at all times. When times are good, there is a lot of demand, and that gives rise to a lot of competitiveness and the need for innovations. When times are bad, the market contracts with the many players sharing the same shrinking market. But you still have competition and still need innovations. So whether it be good or bad times, you have competition and stress.

In good times, you have a lot of opportunities. In bad times, you have lesser, but nonetheless you still have opportunities.

Our company, SM, as many of you may already know, came from the hard work of my dad, Henry Sy Sr. It is a rags to riches story that even myself did not realize until I went to trace his roots in China. His journey from the thatched hut I saw there to the shopping centers he has today is something that amazes even myself. His determination, his discipline, and his thriftiness have produced an astute and street smart businessman who has influenced a lot of people, including us, his children.

Our company has done pretty well during bad times, not that we need bad times to prosper. My father's perseverance during the different crises our country has gone through made our active business pursuits possible for half a century. True, he was disappointed with the economy many times, but he never saw the reason to quit and instead pursued his goals relentlessly. He had many obstacles--both external and internal--in his business, and there were times he could not understand why things had to be so complicated for him to pursue his business objectives. Yet, he persisted through all economic and political times.

From the bottom
It has been written--and I can attest that it is true--that Henry Sy started from the bottom. He came to the Philippines at the young age of 12, and worked in his father's small sari-sari store more than 12 hours every day to help him. There, he devised ways to increase his income by developing small portions of products--much like the sachets we see today in the supermarkets. He was able to make multiple sales in order to make extra income, spending so much time in the store that he had no time to go out and play with friends in the neighborhood. It did not take a long time for him to realize, however, that he can only do so much in a sari-sari store environment.

WWII came and the sari-sari store was looted and burned. He did a lot of buying and selling of odd things during the war to enable the family to survive. This must have provided him the hands-on training for his stamina in business. At one time, he was hit by shrapnel while selling, and quite fortunately was brought to the hospital by his good friend in a kariton [cart-ed]. Without that friend, he could have bled to death. He treasured that friendship and later expressed his gratitude after the war by making that friend his partner in a shoe store. The partnership lasted for more than 40 years until the shoe store had to give way to the building renovations of the lessor.

After the war ended in 1945, he ventured into selling American shoes imported by enterprising GIs. He later saw the opportunities of opening a shoe store, and not long after was managing three shoe stores in partnership with friends.

With the pressure of a growing family while at the same time pursuing his studies at FEU in the early '50s, he sought more ways to augment his income. He studied the market and decided to be different. While other young men went to the US to pursue a higher education, he went on a long business trip to the East Coast, and came home with a lot of merchandising ideas. For a time, he was selling a lot of shoes, accessories, and leather goods, hoping to change the way shoe manufacturers look at the industry.

First shoe store
Sensing a lot of opportunities, he decided to open Shoemart, the first air-conditioned shoe store that merchandised shoes in a very inviting and classy format. With the success of that store, he went on to open more shoe stores, but he could not get enough suppliers. Many shoe manufacturers at that time could not understand why they had to listen to this shoe retailer who had very definite ideas on what he wanted to sell. They did not cooperate by providing him with the volume he needed, and because of that limitation, he gradually shifted to apparel--and thereafter other merchandise--with the help of my mother. He was continuously learning from his customers, suppliers, and employees. This on-the-job research gave him enough confidence to expand to a department store chain.

Many things in life grow out of needs, and to meet the needs, you become determined. With determination you will take extra challenges and do things differently-which will most likely bring success.

We opened our first department store in 1972, two months after martial law was declared. The business had a slow start, but progressed steadily. During the martial law years, he continued to open more department stores, reaching a point wherein he could not get space he needed in the existing shopping centers during that time. He then decided to think long term, and invest in properties for malls, which were patterned after the American suburban shopping centers, which he had been studying for sometime.

When we started the construction of our first mall in 1983, the Philippines was in the midst of a debt moratorium and experiencing hyper inflation. The economy's decline was further aggravated by the assassination of Ninoy Aquino. Many bankers predicted our demise because my Dad came from nowhere--he may have a few department stores and shoe stores at that time, but he was not one of the financial heavyweights at that time. Unaffected by criticism, and armed with sheer determination and optimism, he persisted and opened in 1985 with our department store and supermarket and a few tenants. Many potential lessees were saying no to lease offers.

At about the same time, given the social unrest of the times, our own Shoemart Makati store was faced with ugly strikes. He almost gave up, but through the encouragement of his employees and customers, he continued. At that time, he decided emotionally draining disturbances should not overpower him or detract him from his goals. Since that time, he has not faltered in his confidence, and became even more determined to continue the business. He also convinced everyone of us in the organization to follow his optimism.

Baptism of fire
Later, we expanded, slowly building malls at that time to get our formula right. The expansion was not without difficulties. When constructing Sta. Mesa and Megamall, we were faced with delays in construction due to cement shortages, the 1989 coups, and the lawsuits of our partners in Megamall. The latter arose from a misunderstanding that we were opening other malls at their expense, and from their inability to understand the shopping center business, which was a long-term investment and therefore could not produce short-term income. That was our baptism of fire in the real world of the courts and the media.

This experience taught us many things about business. During the time the case was active, my Dad remained steadfast in continuing what was right for the business, treating it the same way with or without partners. He believes that during times of crises, we should not have internal problems among shareholders as it makes things more complicated. Rather than focus on internal squabbling, we should focus our attention on meeting the demands of our market and outside competition.

The problem was later resolved, and the partnership focused on the core business of shopping center operations. It also brought in good revenues, and there were less animosity in the discussions as these centered more on dividend payout schedules.

When the 1997 Asian crisis came, we were planning our mall expansion, including the Mall of Asia, which was then envisioned to be the biggest mall in the region. Because my Dad felt the tsunami-like effects of the regionwide crisis, which was unlike any other he had experienced, we had to change plans. We deferred opening the Mall of Asia, and went on with the opening of other malls.

Beyond department stores
We grew in numbers instead of size, serving different smaller markets. At present, we are opening three or four shopping centers a year. We have also expanded our retail business beyond department stores to include supermarkets, hardware stores, appliance superstores, and other retail formats.

At about the same time, we looked into the banking business--both at our bank and at the industry. At the time, our main bank, Banco de Oro, was a medium-sized bank. Because we were quite conservative in lending, the deluge of bad loans that characterized the times did not affect us. Given that, we thought it was an opportune time to grow amidst some instabilities.

We reorganized and strengthened our organizations for about three years and developed growth strategies that started in the year 2000. Encouraged by the consolidation program of BSP in making Philippine banks more competitive relative to the region, Banco de Oro made a few acquisitions because of the moratorium on banking. It acquired the Dao Heng Philippines branch, the First E-Bank, the Banco Santander Philippines branch, and most recently, the UOB branches. We view our recent foray into Equitable PCI Bank as an opportunistic purchase--it is a potentially good investment if we have enough patience to whether its controversies. In another front, our purchase in San Miguel runs along the same rationale.

Opportunity is where you find it, not where it finds you. Crisis and weakness indicate where one can look for opportunities. Transforming problems into opportunities can bring good returns. Prosperity and growth come only to a business that systematically exploits its potentials and systematically optimizes its performances.

Our business--especially that of shopping centers--is a long-term business. It takes at least eight years to pay back. We feel that the country will always be around, and with the Filipino's love for shopping, there will always be customers we can sell to.

Our retail business is still going forward despite the fact that there are a lot of competitions and the market is not exactly growing because of the economic times. Expansion is necessary to keep our sales going and to maintain some growth. It is not a great time, but we have to persist. We have to re-create and reinvent ourselves from time to time. Our Makati store has been renovated to serve more sophisticated customers. Our Mall of Asia, which will be opening soon, will give a different shopping experience.

We also have to continuously innovate. Our other retail formats like supermarkets, hardware stores, appliance stores, home stores, toy superstores, baby stores, and Watsons are continuously evolving with the shopping habits of our customers. Because they frequently visit the store, we make sure we have new products all the time so that their shopping experience will not be boring.

Our group's policy is to look for opportunities at all times, and to be ready to act when it comes. While crises may have brought opportunities, we continue our plans in good or bad times with some changes to suit the demands of the time. Sometimes, we accelerate, sometimes we reduce the speed. But we never put on the brakes completely. The slow, steady and consistent churning of our machinery-our financial as well as human resources-has given us the focus to grow into the size we have today. We do not stop growing during crises.

Our company has done well during times of crises-not that we need these crises to prosper. It has grown from an entrepreneurial proprietorship to a family business to a large corporation during the different economic and political crises.

Like other companies in the Asian region, we constantly build a culture of perpetual crisis in our group to survive.

There is growth and there are opportunities in time of crisis-we just have to make the choice to survive and the choice to navigate through these rough waters.

[jazzy]

Omeng, nope wala ako kung meron mang seminar nun :)
Thank you guys sa mga inputs nyo. Wish me luck hehehe

Silentmax, have you read e-myth revisited. Got a great reviews in amazon.

@Jazzy - do you mean...instead of paying him his PF (Prof fee) the amount of money will instead be put in the company as Equity ? How much is the cost of his services ? How much is the initial Capital requirement to start your business and your One year projected Operating Expense / Budget? What is the projected value of the value of the Business in 3 years ? These are just some of the figures to correlate if you are trying to figure out the % in share or equity. ALWAYS aim for a MAJORITY share. Not just above 50% but kung puede 99% :-) ... tama si TENNISACE.... :-)

Most of the time, its best to start, if POSSIBLE a business - Alone. The dynamics of a partnership may be quite tedious (though others thrive with this arrangement). It would be good that you are competent and capable with regards to your main line/core business (specialty / skills / service etc. whatever it is). It is difficult to depend on others when still on a start-up mode. Hiring/getting/partnering with someone because of his specialty should come later when its time to just "Manage the people, Managing your business". My opinion lang.

@ OMENG...are you not an Outstanding ENTREP awardee ??? or is it SILENTMAX ??? I know of one who is and gets the fees to seminars WAIVED. I think the arrangments are made through the ENTREP Magazine.

Hi To ALL. :)

[Trevi]

Trevi,

In the US, there is an organization called SCORE (Service Corps of Retired Executives) who helps entrepreneurs and biz start-ups get on the right track. They act as advisors/mentors for as long as it takes for the entrepreneur to go at it alone and they remain an important resource during the course of business. The best part is, the service they offer is totally free. Talking about paying it forward. It would be nice if there was something like this in the Phils.

A couple of people here are familiar with my MLM background. I don’t believe I shared this little tidbit before, but I was once kicked out (or should I say forcefully ejected) from an MLM presentation at a venue in Mandaluyong when I peppered the presentor and his hired goons with questions pertaining to the “T.Ace Protocol”. It was a gratifying experience, not the kicking out part, but the fact that more than half the attendees and their sponsors walked out with me. We ended up having a meeting of our own over a basket of fried chicken.

I just wish I had a business empire.

Sorry, I’m venting again.

Hi Tennis ...SCORE is a good idea. Well amongst my friends we have a "loose" group doing this for some people who we feel deserves help. We do PRO BONO. But we are careful with whom we mentor as one of my friends got burned...the filipino's penchant for "biting the hand that feeds you" :(

I saw a similar walk-out scene in NU SKIN some years back. How can I forget?? I have 15T worth of merchandise to remind me of my MLM folly. :D

Don't WISH for a business empire, you need to start building one.

Thanks.

Hello to ALL :)

[omeng]

Thank you guys sa mga inputs nyo. Wish me luck hehehe

Good Luck!!! :D

[businessempire]

Many thanks Trevi for the other options you shared.


It is good to know there are many people like you in this forum who are willing to help and share with others what you know (and ENCOURAGE) instead of some (i mean only one) who attempts to discourage and put me down and to think.... who does he/she think he/she is ?(...such a big shame....display of unprofessionalism...) Even until now, I am shocked and could not believe those uncalled for reactions....and he/she even added some more......truly rubbish.....but I do realize we cannot avoid this kind of people as there would always be devils around.

Anyways, the doughnuts I was sharing were only some of the many options I am currently researching. While I know you are not quite a fan of franchising biz, it may still be a better option for some as long as they do their homework especially if it would turn out to achieve the franchisee's objective (but you suggest me some also lately..) Certainly there are ways to investigate and the risks are always there. In my case, my own biz concept entails big capital outlay and many complex things to consider so I could not go on with it yet. Instead I would opt for one (franchise) that meets my personal profile now with my own concept later on.

Right now, actually there are many choices, hoping I could find the BEST, (not just good eh) because I always do my homework and just don't give in....hehehehe!!!

Again, many thanks trevi... very nice of you....salamat ng marami!

[Trevi]

Good Morning to all.

@Businessempire don't mention it. I am currently in my altruistic stage (blame it on mid-life) that i get more satisfaction helping others. I have a lot of things I can call my personal achievements, however modest they are for some. I can only ask for more challenges and not much in want of personal material gains. If it does bring some, it is merely a bonus. Btw, you may consider what I shared with you in private. I am pretty sure something will come of it should you decide to pursue that route.

Share ko lang. It was my first formal day of (once a week 6 hourss per session) consultancy with the family business of the PExer who contracted my services / whom I met in this forum. Sayang lang nga, i am under a NDA (very Silentmax he..he..) contract, and I have also locked out myself of getting into the food service industry consultancy for the next year. But the challenges are worth it...and yes, the FREE lunch that goes with it..

Omeng - can you give me information on Entreplink. I have a client interested in this. I know Francis Kong (professionally, when he was still with CO. B prior and we were co-members in another professional Org.) - is he the head of Entreplink? Also if things get tight in this forum, maybe I can host an EB at my residence sometime soon - as some sort of a sharing session, all for the spirit of camaraderie and fellowship - but only those who are open to it. Your thoughts on this please.

Good day to ALL.

[omeng]

Buenas Diaz Senyorita Trevi!

Francis Kong is one of the guest speakers, I think. I like his style of doing the seminar. I plan to attend but I will look first my sched. Max and I attended the 1st Grand EB of Entreplink last March, if I’m not mistaken. Basically, Entreplink was a product of another entrepreneur forum board (www.entrepreneur.com.ph).

Looking forward to that EB.

[omeng]

Projecting the Right Image

Image specialists suggest that office furnishings and decorations say much about your company. To convey the kind of image you want, pay attention to these particular areas:

Furniture arrangement. Setting your desk in the middle of the floor with chairs facing it suggests a formal atmosphere and an occupant who wants to maintain distance from visitors. A desk positioned against a wall conveys an image of confidence.

Messy desks. Too much clutter may cause a visitor to think that the office occupant does not care about making a good impression. But an immaculate desk conveys coldness and may be perceived as a sign that the person does not have enough work to do.

Decorations. Plants, curtains and artwork convey a comfortable, relaxed attitude. Books and artwork express sincerity.

Certificates and awards. If they are job related, reassure visitors that you are experienced and competent.


Source: Business Line Vol. 1 No. 2 2003

[omeng]

Quote of the day;

"Deal directly with decision makers... If they don't have the authority to say yes, then they don't have the authority to say no."

- Roxanne Quimby, President of Burt's Bees

[omeng]

Email Etiquette: The Do’s and Don’ts Every One Should Know

With email going to the mainstream of business and even personal and social communications, it’s important to know some ground rules in the use of email to make one more computer-worthy and effective in the use of the medium.

To, Cc and Bcc “To” should be straightforward enough. The addresses in the 'To' are for the people you are directly addressing.

“Cc”, on the other hand, simply means that the recipients are being provided a copy of the email sent to the primary recipient. The addresses in the 'Cc' are for the people you are indirectly addressing. Avoid adding numerous email addresses in the ‘To’ field if there is only one person who needs to take action. Other individuals who simply need to know what you are communicating with the primary recipient can be ‘Cc’ed.’

The addresses in 'To' and 'Cc' do not know that the addresses in the 'Bcc' are included in the conversation. The 'To' and 'Cc' addresses are blind to the 'Bcc' addresses. The use of 'Bcc' is somewhat unethical and therefore its use is discouraged.

Reply To All

‘Reply to All’ generates an identical reply sent to all email addresses existing in the email sent. Use this with care; it can generate a lot of unwanted and unnecessary emails.

Be Straight to the Point

Make your email concise. With the amount of email the passes through one’s Inbox—from legitimate email, advertisements, announcements, and sometimes, even spam—reading email takes time.

Avoid Excessive Punctuation

Do you need to emphasize a point? Express yourself clearly in your text. Practice restraint in the use of excessive punctuation marks—not only can it be insulting, and also reflects a negative image of the sender.

Abbreviations

‘FYI’ and ‘BTW’ are fairly common abbreviations. Beyond these, you run the risk of confusing your readers. Keep your abbreviations to a minimum.

Smilies :-)

Email users have come up with “smilies”, simple strings of characters used to convey the writer’s emotions. Aside from the common :-), there are smilies that express displeasure, surprise, and indifference, among others. The use of smilies may be acceptable in social emails, but do keep them to a minimum. Not all email recipients are familiar with its meanings, and a particular smile-ly may be misconstrued by the recipient.

Salutations

Each situation must be evaluated on its own, but in a non-business situation, one may omit the formal salutations and stick to “Dear First Name”.

If you typically address a person as Mr./Ms, then it would be safer to address them similarly in an email.

Signatures

Information (minus the signature) about the sender at the bottom of their e-mail messages are recommended. If this is a business email, include your full name, title, company name, email address in the signature. If you choose to add a quote or image, keep your total number of liens to four or less.

Attachments

For users on dial-up, the 1MB limit still applies to attachments. For users on broadband or a direct connection, 5MB limit may be permissible if the receiving party expects it. However, this a not a license to send attachments of this size. Even more larger connections, there are still limitations of mailbox sizes and extremely large attachments may cause your emails to bounce.

vCards

vCards are not generally recommended.

Threads

Threads are linked email messages that appear in one email message. These result from replies from previous emails. Basically, it is preferred not to break the thread and not start a new email message. Without the link, it can get difficult for the users on each end to follow the sequence of messages, especially after several exchanges.

Quotes

When replying to an email and you wish to include a reply to a specific portion of the email, the correct method is to use quoting. For example,

>and do you receive our letter?
>when can we meet?

Yes. We can meet on Monday, May 20.

The '>' in front of the text indicates to the recipient that this is quoted material from his/her last e-mail message. The second sentence is the response to the quoted material. The key with quoting is to include enough material in the quote so that it will be relevant to the recipient.

Quoting can occur again and again as in the example:

>>and do you receive our letter?
>>when can we meet?

>Yes. We can meet on Monday, May 20.

Confirmed. From this we see both two level quoting (>>) and one level quoting (>). The (>>) indicate that the sender is quoting your quote and the (>) is a quote of part of your message you sent in reply.

Don't get hung up in quoting. After so many levels, all you end up with is a bunch of ">" and very little substance.

Be Aware of Privacy Issues

Email (just like any software) can bog down, be hacked, or exploited. Therefore, be conscious of what you write, and don’t send anything that you would not want posted on the company bulletin board. If you are unsure, either deliver it by hand or send it by snail mail.

Company Email

Any email the comes from the company’s email system is considered as corporate communications, regardless of content. Be careful—it may be used against you.

Don’t Use All CAPS

Send an e-mail in all UPPER-CASE is not appropriate. Use of upper-case words is the equivalent of shouting in some one's ear. ONLY use upper-case words when trying to make a point.

Don’t Mass Mail Advertisements, not unless you have Permission

If you’re upset at someone, take time out before you send him an email. Even worse is to send angry e-mail in a business context.

Use a descriptive subject line.

Veer away from a “Hi” or “Etc” which says nothing substantial about the content of your message.

[Trevi]

Hi To ALL. Sorry to Moderators Omeng/ SilentMax if this is OT - I juct need help and this might be of help/interest to the others

I am currently Pooling / Looking for RESPONDENTS for FGD's (Focus Group Discussions) (Product Test; Brand Test; Copy/Ad Test etc) to be conducted by an International (affiliated) Marketing Research company with whom I have just entered an agreement with for an 18 months project.

I am looking for the following :

Group 1 : AGE 18 - 25 - MALE & FEMALE - A/B upper C Socio Economic
Class (SEC)
MALE & FEMALE - Broad C (SEC)

Group 2 : AGE 26 - 35 - MALE & FEMALE - A/B uPPER C SEC upper
MALE & FEMALE - Broad C (SEC)

Group 3 : AGE 36 - 45 - MALE & FEMALE - A/B uPPER C SEC upper
MALE & FEMALE - Broad C (SEC)

Group 4 : 46 and UP MALE & FEMALE - A/B uPPER C SEC upper
MALE & FEMALE - Broad C (SEC)

Group 5 : MOTHERS ALL AGES A/C UPPER C, BROAD C SEC

'FGD'S usually lasts 2-3 HOURS - 10 to 12 people in each group - Schedules are usually on WEEKDAYS (10am-12nn ; 2pm-4pm 6pm-8pm) - You get Free Meal; FRee Products (from whoever the FGD was made for) and an Appearance/Participation Fee ranging from anywhere between Php 500 - 1500 (depending on the account/project) per session for those who qualify (screening to be done on-sight to see if SED/Psychographics Fit requirement those not accepted will be given transpo allowance). Venue is usually in the ORTIGAS area This is an ongoing thing - the bulk of the FGD's will be for next year.

Please PM (so I can gve you my email add) me your Info containg the following : Name (can be nick for the meantImE if you do not want to give name) / Age / Add (can be general location only ) / Civil Status / If Married, how many children / Work or School / Profession or occupation / Contact details (e-mail/cel or land). Brief description of your consumer habits.

Thanks.

[alterneek]

omg. the entrpreneur.com.ph forums are a mess. puro ads! :angry:

[PinkWriter]

Hey guys... i am really about to give up on my business... :(

Anyone free for coffee and chat? hope to get some advice ....

[modern_venus]

can u share us some details about your current business? I'm sure the people in this thread will be willing to help. ;)

[omeng]

hi trevi, can you give more info hereabout? thanks

hi pinkwriter. cheer up. it's not the end of big brother. :D

[piameg]

Dear Fellow Entreps,

In behalf of the Officers and the Grand EB Committee of EntrepLink
Philippines, we are inviting you to attend our 2nd Grand EB (Entrepreneurs' Ball) 2005 on November 12, 2005, Saturday from 1:00 PM to 6:00 PM at the Valle Verde Country Club, near the former ULTRA, Pasig City.

Our theme is EntrepLink: One Passion... One Drive... One Link...

It is a fun-filled interesting program for the event. Three top-caliber speakers have been invited to fire up all EntrepLink members that will bring out the best of them.

1. Mr. Francis Kong

2. Mr. Efren Cruz

3. Ms. Maoi Arroyo

There will be raffles, games and prizes, product/service offerings,
alloted time for interaction, which we guarantee to heat up the
day's event.

Be sure to bring plenty of business cards, flyers, brochures, or
product samples and expect to receive same in return.

So, please register now and join us at the 2nd EntrepLink
Philippines Grand Eye Ball. (http://entreplinkphilippines.com)

For further inquiries, please contact:

Mr. Alrey B. Galang
EntrepLink Marketing Committee Chair
Mobile 0919-8795750
Telefax 776-7878
Email add alrey.galang@gmail.com

Arch. Benjie L. Francisco
EntrepLink Marketing Committee
09209247701
arch_benjie@yahoo.com

[Trevi]

hi trevi, can you give more info hereabout? thanks

hi pinkwriter. cheer up. it's not the end of big brother. :D

Hi Omeng, I suppose you are asking information on the FGD ? Anyway I cannot give details because it might "Taint" the respondents thereby affecting results of the qualitative study. Anyway, briefly it is a commissioned omnibus study to define and track consumer habits of various age groups for particular product types. I suggest you join.

Hi to ALL.

[PinkWriter]

hi omeng... honestly did not get that "big brother" joke... ;)

Oh well.. Does anyone know anything about renting stalls/kiosks at malls? I'd appreciate any info :)

[omeng]

Hi Omeng, I suppose you are asking information on the FGD ? Anyway I cannot give details because it might "Taint" the respondents thereby affecting results of the qualitative study. Anyway, briefly it is a commissioned omnibus study to define and track consumer habits of various age groups for particular product types. I suggest you join.

I see. I will think about it. ;)

[omeng]

hi omeng... honestly did not get that "big brother" joke... ;)

nevermind that. :)

[PinkWriter]

Anybody going to the Entreplink Grand EB on Sat? :)

[cramnhoj]

Parang gusto ko pero dunno if I should go, not yet an entrepreneur eh :)

[omeng]

Anybody going to the Entreplink Grand EB on Sat? :)

i love to but.. :( i need rest.

hello to all. i had a very glorious day yesterday. i love myself. :D

[PinkWriter]

hello to all. i had a very glorious day yesterday. i love myself. [/I]

Yah, that's a great feeling :)

[pauster007]

omg. the entrpreneur.com.ph forums are a mess. puro ads! :angry:
sayang talaga yung forum na yun. may mga informative post pa naman dun.

[omeng]

Quote of the day;

"Educate yourself. Find out everything you can about an opportunity." - Trump

[mckoolit]

just passing by :wave: pa plug na rin :glee:

anybody here interested to have their own perfume biz for only P500 investment? i'll give you the testers of all our scents and if you're not happy with the biz, just give me back the testers and i'll give you back your P500. risk-free di ba? :)

a good biz this season *okay*

[gustymoon]

Good Morning to all.

@Businessempire don't mention it. I am currently in my altruistic stage (blame it on mid-life) that i get more satisfaction helping others. I have a lot of things I can call my personal achievements, however modest they are for some. I can only ask for more challenges and not much in want of personal material gains. If it does bring some, it is merely a bonus. Btw, you may consider what I shared with you in private. I am pretty sure something will come of it should you decide to pursue that route.

Share ko lang. It was my first formal day of (once a week 6 hourss per session) consultancy with the family business of the PExer who contracted my services / whom I met in this forum. Sayang lang nga, i am under a NDA (very Silentmax he..he..) contract, and I have also locked out myself of getting into the food service industry consultancy for the next year. But the challenges are worth it...and yes, the FREE lunch that goes with it..

Omeng - can you give me information on Entreplink. I have a client interested in this. I know Francis Kong (professionally, when he was still with CO. B prior and we were co-members in another professional Org.) - is he the head of Entreplink? Also if things get tight in this forum, maybe I can host an EB at my residence sometime soon - as some sort of a sharing session, all for the spirit of camaraderie and fellowship - but only those who are open to it. Your thoughts on this please.Good day to ALL.

an Isko told me that you were in this thread !!!??? We miss you in the ua and acad thread.I will gatecrash your eb ..Not young , wala din business I will go because of delicious food and good company like the one w the Isko/as ..hassle lang your village gaurds are like bloodhounds, more now na TV sila remind me to bring ID and my car reg papers. The heavenly pasta might get me out of stupor and get me into a business?! Challenge yan T. Havent seen much of you in AGS.

[omeng]

Expanding Business Through Export (Basics of Exporting)

This 4-day seminar will prepare you to start your export business with confidence by identifying the right market and its requirements, understanding product selection, developing a costing and pricing scheme and a responsive promotion strategy, understanding export documentation procedures and financing schemes, and negotiating with foreign buyers.

Training fee: Php 3,000.00

November 14, 2005 - November 18, 2005

Venue: PTTC, Roxas Blvd. Pasay City
Organizer: PTTC
Contact Person :
Contact Numbers :
Email: info@pttc.gov.ph

[Trevi]

Hi To ALL,

Its been a while since I visited this forum. Where is Silentmaxx, Businessempire?, Omeng? and the rest of the regulars here???? If the absence is an indication of being swampped, then business must be GOOD.

Its the run-up to XMAS...let's all try to make a PILE.

Kudos to ALL.

[omeng]

Present here.. so many deals to close.. so many problems to solve.

How about EB? :D

[omeng]

double post.. :D

[Trevi]

Present here.. so many deals to close.. so many problems to solve.

How about EB? :D

@omeng - thats good news - I hope you close them all. I am sure they are all welcome problems :)

I am okay for an EB. I will PM you details as soon as I fix my sked. I was coerced :mecry: in hosting a second EB (early xmas daw?) for a mix of Pex(ers) from the various forums next week.

[omeng]

Thanks. Problem is getting worst. Hope i can still fix it. :(

[BaryaLang]

Greetings List;

I just stumbled across this string while looking for some other information. It impressed me that maybe you folks might be just the people to help me out. I'm trying to help Philippine HTML programmers learn to become world class Internet Web Site Designers and Developers. To do that I need hundreds of clients for Internet web sites for my students to practice on. Most of my students already have 4 year college degrees and rank in the top Philippine web site designers if there were ever a way to measure that. So we build really great web sites for only P300 instead of the going rate of P14,000.

Here is how you can help. I need sales people. My programmers are usually pretty rotten at sales because they love computers and don't enjoy people. I'm old (57 years), don't speak Tagalog, and can't hear very well. I can still sell about 3 to 4 web sites an hour just walking down the street cold calling but that means leaving my teaching work and I hate to do that.

I've put up a web site to explain what I need for sales help. If you like people, sales, and the Internet you could very well get rich doing this. If only part time is available you can make some great income. I pay P50 cash for every P300 sale. That can add up if you actually build a business of referrals etc. Young Entrepreneurs would know how to do this or will be willing to learn.

Check my site at http://www.1job.us and some of the links from the signature block at the bottom of this post. There is NO CHARGE at all to register, train, and sell (or any thing else). One should not ever have to pay to provide sales and entrepreneur services. So I'm NOT making money by hiring/registering anyone. I'm hoping you can make us all some money (programmers, yourself and me) by giving businesses such a great deal they can't believe. You can start within a day or two of registering and be putting money in your pocket within 3 days. Christmas is a time all businesses should have a web site...It's also a time you may need extra money.

Barry

Barry Doolittle, Instructor
Barya Lang Web Page Design
barry@baryalang.com
http://www.baryalang.com
http://www.900ph.com
http://www.19d.us
http://www.1job.us

PS: We are working on a new page to group together some of our web sites. It does not have all of the links active yet but you may peek at it now.

http://www.happypinoy.com

[omeng]

Quote of the day: (one of my favorite)

"Kung mayroong dapat mangyari, sa akin naka-depende."
("If it is to be, It's up to me.")

[omeng]

BaryaLang,

If your products are good, then your clients will be automatically your salesperson.

[omeng]

Thanks. Problem is getting worst. Hope i can still fix it. :(

hurrah! mighty bond lang pala ang kailangan. :D

[Trevi]

Just venting -

I remember when I was an employee some years back, NOV 15 was a red letter day .....Feeling ang yaman namin ng husband ko... bigayan ng mandatory 13th - then the 14-15-16th month(s) pay depending on your JOA tapos, Nov 30 naman your Commissions/profit share.....ngayon naman....tag-hirap sa mga tulad namin...our employees are CASH RICH now, while OUR cashflow is down to the lowest..sometimes pa nga, personal funds have to be given just so we can meet obligations....Cant's wait for January.

In keeping with our austerity (more like NO Budget) measures, we have decided to forego the usual Gifts to business and personal friends (except for the children) and instead would probably make a donation to a charitable institution in their name.

My Christmas tree is still in the Storeroom. And not one wrapped Christmas gift in sight. My Sons are beginning to hate me. :-)

Crisis man, Christmas pa rin.

Hello to all.

[SILENTMAX]

i hear you....

cant sleep at night how im going to cover my all christmas business related expenditures most especialy the dreded 13th

[BaryaLang]

BaryaLang,

If your products are good, then your clients will be automatically your salesperson.

Yes, but a growing business still needs a sales staff. Our products, web design service with included hosting for many years at P300 one time payment, is so good that it is "unbelievable".

Do you believe?

That is why we need sales people. To explain why it is real. Are you interested? We need you.

Turn my "mission" into your "successful business". That is my goal, making individuals in the Philippines economically able to support themselves as well as families, extended families, and orphans in the street.

Barry

Barry Doolittle, Instructor
Barya Lang Web Page Design
barry@baryalang.com

http://www.baryalang.com
http://www.900ph.com
http://www.19d.us
http://www.1job.us
http://www.happypinoy.com

[SILENTMAX]

http://www.nytimes.com/2005/11/12/business/12money.html
interesting.....
HA!!!!!!

Get Rich Quick, Write a Millionaire Book
By DAMON DARLIN
Published: November 12, 2005

Socking away that first million used to be so simple.

At least it was for people who gave rudimentary advice on how to be a millionaire. Give up that pack-a-day smoking habit, they said, and in 40 years you will have saved almost $250,000 in today's dollars, assuming a conservative 4 percent annual return. Brown-bag your lunch, drop HBO and pay off your mortgage early and gradually, over a lifetime, you will accumulate $1 million in assets. Back then, all you had to do was live below your means and save, save, save.
Robert T. Kiyosaki, author of the best seller "Rich Dad, Poor Dad."

These days, the money-wasting bad habit that must be broken is the daily $5 Starbucks coffee break. (Savings over 40 years: $173,422.) But giving up the small pleasures in life is no longer the advice given to would-be millionaires, whether they are sipping or puffing.

According to the spate of best-selling self-help books, it is not enough to drive used cars and squirrel money away in the company 401(k). Instead, you have to think like a millionaire. It's a popular message reflected in a spate of titles like "Secrets of the Millionaire Mind" and "Cracking the Millionaire Code."

Robert T. Kiyosaki's "Rich Dad, Poor Dad" is the best example of the emphasis on retooling the struggling American's financial thinking. The book has sold nearly four million copies in the United States since its publication in 1998. This week, it began its sixth year on the New York Times best-seller list for advice and how-to books. It has spawned a dozen related titles by Mr. Kiyosaki and his co-author, Sharon L. Lechter, and another dozen titles written by Mr. Kiyosaki's financial advisers. All told, there are more than 24 million copies of Mr. Kiyosaki's books in print worldwide.

A folksy gambol through the life of its author, a real estate investor, motivational speaker and producer of a financial board game called Cashflow 101, "Rich Dad, Poor Dad" turned some traditional financial advice on its head.

No longer is it enough to study hard at a good school and get a good job to be set for life, advice given to him by his father, the poor dad. Instead, Mr. Kiyosaki advocates the staples of late-night infomercials: investments in small stocks and distressed real estate. He argues that one has to think like a millionaire by recognizing the difference between an income-producing asset and a liability, advice given to him by a friend's father, the rich dad. The whole trick to financial success is creating passive income.

"People do respond to it," said Rick Wolf, vice president and executive editor of Warner Books, the publisher of the series. The old rules no longer apply in a world of outsourcing and pension plan collapses, he said.

"People are definitely looking for some alternative pathways to financial freedom," Mr. Wolf said. "The staying power speaks for itself."

Gaining millionaire status is still an accomplishment. It's important to note that even though the threshold for making the Forbes list of richest Americans is now $900 million, only 7 million out of 100 million American households have net assets of $1 million or more, which includes, of course, the equity built up in most people's biggest asset - their homes. (Of course, Mr. Kiyosaki would say that reflects "poor dad" thinking; a home is a liability.) That number has not changed significantly despite all the millions of books sold telling people how to join the club.

You have to ask yourself before you buy any of these books: did my neighbors get rich because they just think differently, or because they use money more wisely?

This millionaire-mind mania started in 1998 when two professors, Thomas J. Stanley, then at Georgia State University, and William D. Danko, teaching marketing in the business school at the State University at Albany, tried to answer that question. They described the seven characteristics of a breed of frugal and inconspicuous millionaires, which included living below one's means, picking smart advisers and having a spouse involved in the family finances. It was an eye-opener, and the book "The Millionaire Next Door" sold about 2.5 million copies in hardcover and paperback while it perched on the New York Times best-seller list for more than three years. The book made the two professors millionaires.

The lesson learned here? It may have been that the way to get rich is to write a book revealing the thinking of millionaires. Mr. Stanley is back with a brand extension, "The Millionaire Mind."

David Bach, the author of "Smart Couples Finish Rich" and "Smart Women Finish Rich," shifted gears last year to produce "The Automatic Millionaire." He gives safe, practical advice well within the mainstream of financial advisers, like invest through a 401(k) or make extra payments on a mortgage. He makes everything sound as easy as ordering a daily double nonfat latte, which by the way he advises you should not do. "The book is both practical and deeply aspirational by nature," said David Drake, vice president and director for publicity of Broadway Books, publisher of Mr. Bach's book.

You'll get the same advice reading this newspaper or any number of financial advice columnists at no additional cost, though you may not get the urge to aspire.

Why the need for inspiration? "When the stock market bubble collapsed in 2000, ordinary Americans - who had watched their stock portfolios effortlessly rise in value during the late 1990's - quickly realized that the notion that they could outsmart the market was an illusion," said Mr. Drake, who will publish Mr. Bach's follow-up in March, "The Automatic Millionaire Homeowner."

He continued, "They turned away from investment books that focused narrowly on stock-picking strategies and turned instead, in droves, to books that addressed the basics - getting out of debt, saving for the future - and promised relief from financial anxiety."

It is no accident that the authors of many of these books come from the stage of motivational seminars and late-night infomercials. Robert G. Allen, for example, is best known for pioneering techniques for selling people on the idea of buying distressed real estate and flipping it. "Nothing Down: How to Buy Real Estate With Little or No Money Down" is his 1980 classic. He wrote "One Minute Millionaire" and "Cracking the Millionaire Code" with Mark Victor Hansen, who is himself co-author of "Chicken Soup for the Soul," one of the most successful inspirational self-help books. (The brand extensions have been stretched to include "Chicken Soup for the Cat Lover's Soul" and "Chicken Soup for the Preteen Soul.")

Their books, as well as "Secrets of the Millionaire Mind" by T. Harv Eker, another regular on the motivational seminar circuit, recycle a lot of the language and advice of those hotel ballroom talkathons; namely, you have been conditioned to think like a poor person, but you can remake yourself to think rich. Mr. Eker suggests a daily affirmation in which you put hand over heart and say: "I am an excellent receiver. I am open and willing to receive massive amounts of money into my life." You then touch your head and say, "I have a millionaire mind!"

But they are light on practical advice. And sometimes what they advocate seems counterproductive. Mr. Eker, for instance, recommends creating a fund just for frivolous purchases because you need to fill your inner spirit.

Mr. Kiyosaki admits in his book that buying real estate at foreclosures or tax sales and investing in thinly traded start-up companies is risky. But he writes that salting money away each month "blinds the person from what is really going on."

"They miss major opportunities for much more significant growth of their money," he writes.

This is advice for people who like to live on the edge. Mr. Kiyosaki counters that the risk of failing is a motivation to make more money.

The bottom line is: save your money by not buying these books. At about $25 a book, buying one every year probably will not decimate your retirement fund. But if you don't, you'll have at least $2,370 more in 40 years.

[jackass47]

"I would rather have 1% percent of the effort of a hundred people than a 100% of my own effort"


young entrepreneurs out there.. we need to unite to save this country.. and to save ourselves and our dreams as well.. may propose po akong negosyo.. just text me at 09223470158 kung interesado kayo..

[BaryaLang]

"I would rather have 1% percent of the effort of a hundred people than a 100% of my own effort"

young entrepreneurs out there.. we need to unite to save this country.. and to save ourselves and our dreams as well.. may propose po akong negosyo.. just text me at 09223470158 kung interesado kayo..

Only the fool that is willing to be seperated from his money would subscribe to the idea that you can gain by "no effort" on your part. Being a "Young Entrepreneur" DOES NOT MEAN "NO EFFORT" and in fact it usually means 16 hours a day total committment to an idea.

The wolves of deception feed on the sheep that believe you can get something for nothing. Are you a sheep or are you living in reality?

Just my 1 peso worth ($.02 USD)

Barry
Barry Doolittle, Instructor
Barya Lang Web Page Design
barry@baryalang.com
http://www.baryalang.com
http://www.900ph.com
http://www.19d.us
http://www.1job.us
http://www.happypinoy.com

[legato]

I'm planning to open a magazine store business for both local and imported magazines but I don't know how to start. Can you give me tips on how like where to contact distributors, how much capital is needed etc. Thanks a lot!!! :)

[cramnhoj]

^ For tips, in the current issue of entrpreneur, there's a story of a magazine store owner that was featured.

[omeng]

Pinoy's coconet tops BBC World Challenge
Best environmental grassroots project


First posted 01:31am (Mla time) Nov 21, 2005
By Michael Jaucian
Inquirer News Service

http://beta.inq7.net/nation/index.php?index=1&story_id=57234



Editor's Note: Published on page A1 of the Nov. 21, 2005 issue of the Philippine Daily Inquirer


LEGAZPI CITY, Albay -- Agricultural engineer Justino Arboleda of the Philippines won the first prize in the First World Challenge contest sponsored by BBC World television in London on Nov. 17 for his soil erosion control net or coconet.

Coconet, made from waste coconut husk, was adjudged the best environmental grassroots project in the world. It was among 456 entries from 90 countries.

Malta, which introduced a biodiesel product, took the second prize, while Vanuatu was in third place for its rechargeable battery.

From 12 finalists, the field was cut down to three.

Fifty percent of one's score was given by the judges and the other 50 percent by votes cast on the Internet, according to Arboleda's wife Julie. She, however, could not give the exact number of the Internet votes her husband received.

Arboleda, who is still in London, told the Inquirer in a text message that he received the award at 7 p.m. (London time) on Nov. 17, [2 a.m. on Nov. 18 in the Philippines]. He also received a cash prize of $20,000.

The winners will be featured by the BBC in a special program on Dec. 3 and 4 and by Newsweek magazine in its Dec. 3 issue, according to the agricultural engineer.

Arboleda said winning the first prize was a great honor for the country.

"With the world recognition, it would be very easy for us to promote our cocofiber products throughout the world," he said.

He expressed confidence that increased demand for coconet would help alleviate poverty in the country because more jobs would be created. He said demand for coconut materials would also benefit thousands of poor Filipino coconut farmers.

Coconet is manufactured by Juboken Enterprise, which Arboleda owns.

His coconut husk business was featured by the Inquirer in January. It has provided jobs for at least 1,650 families in the Bicol region and other parts of the country.

About 800 families have benefited from the venture in Albay province, 400 in Mindanao, 150 in Aklan and 300 in Southern Leyte.

Arboleda has also developed other uses for the different waste products generated by his coconut farm. These include doormats, stuffing for car seats and mattresses, and fertilizer (made from coconut dust).

Before Arboleda bagged first prize in the BBC World Challenge, he was cited for excellence in export by President Gloria Macapagal-Arroyo on Dec. 13 last year during the Golden Shell Award held in Metro Manila.

Arboleda's wife said she was very proud of her husband and would like to thank the Filipinos for voting for him.

She said it was Agnes Sarmiento, who told her that she had read the Inquirer story about Arboleda and his coconet project, who nominated the coconet project in the BBC World Challenge.

Arboleda was expected to arrive in Manila last night, Julie said.






*okay* *okay* *okay*

[omeng]

How to Start a Business

Trade Events - How to Start a Business
on December 09, 2005
Venue: PTTC
Organizer: PTTC
Contact Person: Maria Joey Urmeneta
Contact Numbers: 831-9988/833-9325/834-1344 to 49 loc. 317
Contact Email: tbmd@pttc.gov.ph

This half day seminar provides guidelines and procedures on setting up a business, particularly in developing business ideas and knowing the documentary requirements needed to secure legal personality of the business.

[Aquarelle]

GREAT!!! I'm so happy to hear that! Thanks for the good news! *okay*

[omeng]

I voted trice.. he he :lol:

[jienni]

Angel 02>>>

u might be interested in our products... handpainted shirts sya... customized ang designs... my dad personally makes them. they are like paintings on canvas pero this time sa shirt or bags naman sya nilalagay. A single shirt can go as low as P150. They are very unique kaya mag cli=click talga sya...

If you guys are interested u can pm me ur e-mail add and ill send pictures of them... thanks .. u can reach me also at YM:jt_ink

[ForeSight]

Hi Guys,

After reading all 62 pages of this thread, i would like to commend the contributors who shares their time, ideas, and valuable experiences to help others. I also hope to be able to participate and share some ideas, readings, links, experiences to the group.

I admire silentmax's courage and perseverance to be on top, while i can't help but smile whenever beefnmushroom's witty posts. Krakista's great links and nice readings from sir Omeng really helps to keep the enterpreneur spirit always on fire seeking for opportunities to devour. Valuable insights from Tennisace and Travy's expertise are really invaluable to all the posters and lurkers in general.

And like all the other great posters who keeps this thread up, I hope to be able to pitch in, help others, and also ask for your valuable opinions and ideas from time to time. More power to the group and God bless us all.


_______________________
"We can be always achieve what we set our efforts on but it will all boil down to how much really we WANT to take."

[omeng]

Thanks and welcome aboard, ForeSight. (Just forget about the "sir" thing. :D

a quote from my amigo:

"Entrepreneurship is not about what you take or how much you can make. It's about what you give."

[ForeSight]

thanks omeng... how do i edit my post? i screwed up on the quotation. I can't find the edit post button.

I agree it's about what you give. But the TAKE refers to the extreme pressures, headaches, and frustrations you will encounter along the way.

[omeng]

i think, you may only edit your post after 1 hr. post mo na lang ulit. :D

[omeng]

E-Vat: What the Micro and Small Entrepreneurs Should Know and Understand 11/17/2005
by: CSE

Learn the what, why and how of the extended value added tax as the Center for Small Entrepreneurs (CSE) once again hold an Entrepinoy Business Forum on November 23, 2005, 1:00 – 5:00 PM at the Senden Hall of the Asian Social Institute, 1518 Leon Guinto cor. Escoda Sts., Malate, Manila.

A lot of questions and apprehensions were raised when Republic Act 9337, otherwise know as the Expanded VAT law of 2005 was passed. The passing of the bill has generated a lot of clamor and unsolicited reactions from different sectors of society. The micro and small entrepreneurs, for one, has been at a loss on how the E-VAT will affect not only their enterprise but their financial standings as well.

To enlighten the micro and small entrepreneurs, CSE invited no less than the Deputy Commisioner of BIR, Ms. Kim Henares, to talk about the bill and its implementing guidelines. Also invited is the Undersecretary of the Department of Finance, USEC Emmanuel Bonoan to further enlighten the micro and small entrepreneurs on how the EVAT will affect their enterprises and its positive effect on the national economy.

The Entrepinoy Business Forum aims not only to enlighten micro and small entrepreneurs but also to help the buying public have a better understanding of the E-VAT and appreciate the effort of the government to stabilize the country’s economy.

Registration fee is P200.00 inclusive of snacks, business forum kit and certificate of attendance. For details and early registration, please call the entrepreneurship service hotline at: (02) 525-6268 and 523-9776

mobile nos. 09186521111, and 09282717684

email address: cse@csentrepinoy.org.ph
website: www.csentrepinoy.org.ph

[omeng]

http://i9.photobucket.com/albums/a99/omengski/thentrep_10_b.jpg

http://i9.photobucket.com/albums/a99/omengski/thentrep_10b.jpg

Idol Max, asahan kita next entrep 10 ;)

[GOwin]

Magkano ang penalty for late filing/payment of monthly percentage tax return?

[SILENTMAX]

25 percent




edit add:
@omeng i dont think so boss. sila nalang :)

[GOwin]

aight. thanks.

[SILENTMAX]

qoutes from the legendary Sam Walton

* Capital isn't scarce; vision is.

* High expectations are the key to everything.

* I have always been driven to buck the system, to innovate, to take things beyond where they've been.

* Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it's amazing what they can accomplish.

* There is only one boss, and that is the Customer, and he can fire everybody from the chairman on down, simply by spending his money somewhere else.

We're all working together; that's the secret. And we'll lower the cost of living for everyone, not just in America, but we'll give the world an opportunity to see what it's like to save and have a better lifestyle, a better life for all. We're proud of what we've accomplished we've just begun.




and lastly

I had to pick myself up and get on with it, do it all over again, only even better this time.

[SILENTMAX]

Sam Walton: Made in America
- Sam Walton (1918-1992) with John Huey


(The Story of Walmart)

Recently read Sam Walton's biography about the story of Sam Walton and Wal-Mart. Was wanting to do it for long time and having read it, am totally fascinated with the story of the biggest retail chain in world and also THE biggest company in the world today. A company whose sales top 220b$ sales today (Microsoft ~28b$; India's GDP: ~400b$), has the most interesting origins and journey to the top.

Here, I am noting down excerpts and general insights from the book. The figures in brackets are page numbers, in case I need to refer the book again (DoubleDay, NY. First Edition, HardCover, 269 pages).

Some Setbacks

*

After highly successful first store in Newport (started in 1945), he had to give it up five years later and start all over again because he hadn't included the option to renew the store lease from the landlord in the contract. (30)
*

His first store in a shopping centre, the highly successful Ruskin Heights store was leveled by a typhoon in 1957. (39)
*

Waltons' current home is built on the site of the earlier home which burned down in 1972 after being struck by lightning. ....

(rest of article is at)
http://www.anuragjain.com/walmart.html

[GOwin]

another great link from silentmax!

thanks for keeping those inspirations coming in.

[Trevi]

Good Morning to all.

Hi SILENTMAX. Looks like IDOL mo si SAM WALTON... allow me some breast beating here..

In the early 90's when i was based in Kansas City (for a short course -see backread) and was doing a week's apprenticeship in the HALLMARK headquarters, I SAW the great SAM WALTON. The HALLMARK CENTER was a semi commercial hotel complex in downtown KC - its top floor was a revolving fine dining outlet where the Hallmark owners, execs entertained their guests. It was during an ocular in the area that I saw - 10 meters away (and was later informed by our handler who they were) a group of 5 men in a huddle...4 "suits" and a simple man in Khaki slacks and chambray shirt who was SAM WALTON himself. I was in awe of his simplicity in attire, his stooped posture made him look like a typical Midwest farmer. But despite this incongrous appeareance, he exuded an aura of power. He is close to owners of Hallmark/Russell Stover and comes to KC often because he loves to devour KC Baby Back ribs, KC Pecan Pie and Povetica Bread. Another trivia shared to us was that THE man ONLY wears TIMEX watches (No status IWC's or Rolex) and drinks apple juice by the gallon, his favorite scent is OLD SPICE. The man is a LEGEND.

Nothing has rubbed off on me during the encounter. I guess, the WONDER"dust" couldnt quite make the spitting distance of 10 meters. Oh well...

[omeng]

I hope makapag-relax nga ako. :D



Dear friend of Entrepreneur Philippines,

We would like to invite you to the Entrepreneur Philippines' 5th Notworking Night on November 30, 6 PM to 9 PM at Capone's Bistro, G/F Fraser Place Bldg. Valero cor. Dela Costa Sts., Salcedo Village Makati City for an evening of fun and relaxation.

The Notworking Night is the culmination of the series of Networking Nights, an after-work night of fun and entertainment, hosted by Entrepreneur Philippines Magazine and is open to both existing and aspiring entrepreneurs.

A copy of the November Entrepreneur magazine will serve as entrance. Food and drinks are on us. Please confirm your attendance at least 2 days before the event.

Should you wish to confirm your attendance, please send an email with subject: Notworking Night to michael.feliciano@summitmedia.com.ph or call us at 631-8971 loc.146/155, and you will get a corresponding reply.

Thank you and hope to see you there!


Michael Feliciano
Marketing Assistant

[omeng]

Sam was the wealthiest person in the United States by year 1985.

[politikista]

Hi To ALL. Sorry to Moderators Omeng/ SilentMax if this is OT - I juct need help and this might be of help/interest to the others

I am currently Pooling / Looking for RESPONDENTS for FGD's (Focus Group Discussions) (Product Test; Brand Test; Copy/Ad Test etc) to be conducted by an International (affiliated) Marketing Research company with whom I have just entered an agreement with for an 18 months project.

I am looking for the following :

Group 1 : AGE 18 - 25 - MALE & FEMALE - A/B upper C Socio Economic
Class (SEC)
MALE & FEMALE - Broad C (SEC)

Group 2 : AGE 26 - 35 - MALE & FEMALE - A/B uPPER C SEC upper
MALE & FEMALE - Broad C (SEC)

Group 3 : AGE 36 - 45 - MALE & FEMALE - A/B uPPER C SEC upper
MALE & FEMALE - Broad C (SEC)

Group 4 : 46 and UP MALE & FEMALE - A/B uPPER C SEC upper
MALE & FEMALE - Broad C (SEC)

Group 5 : MOTHERS ALL AGES A/C UPPER C, BROAD C SEC

'FGD'S usually lasts 2-3 HOURS - 10 to 12 people in each group - Schedules are usually on WEEKDAYS (10am-12nn ; 2pm-4pm 6pm-8pm) - You get Free Meal; FRee Products (from whoever the FGD was made for) and an Appearance/Participation Fee ranging from anywhere between Php 500 - 1500 (depending on the account/project) per session for those who qualify (screening to be done on-sight to see if SED/Psychographics Fit requirement those not accepted will be given transpo allowance). Venue is usually in the ORTIGAS area This is an ongoing thing - the bulk of the FGD's will be for next year.

Please PM (so I can gve you my email add) me your Info containg the following : Name (can be nick for the meantImE if you do not want to give name) / Age / Add (can be general location only ) / Civil Status / If Married, how many children / Work or School / Profession or occupation / Contact details (e-mail/cel or land). Brief description of your consumer habits.

Thanks.

is this still up for grabs?? thanks

[omeng]

Quote of the day:

"Do not sheyt on your own backyard."

- by my late old friend

[vbaby]

visit http://www.rakets.com

it's FREE and no need to register for most functionalities (posting in grafitti wall, messaging, etc.)

[SILENTMAX]

makikisabay sa qoute of the day:

"it is those who endure the stinging words and actions of others and who press on, again and again taking a running charge at their goals, who will score accomplishments. those who give up when they feel the sting of rebuff, a rejection, an insult, or a rebuke are those who will never realize their full potential for achievement"

[omeng]

attend ka ba max?

[SILENTMAX]

di na muna boss. lots of things to do

christmas season finaly kicking in. hayz better late than never

mag set kaya tayu nang eb dito yung na suggest ni trevi. hopefully on a weekend para di workday.

@ mam trevi kayu na po mag organize show up nalang kami :D

[omeng]

unga. hello miss trevi. :D

[Trevi]

Hi Omeng & Max,

Ituloy natin the EB. Maski small group lang. pls. PM so we can exchange contact nos.

Soooooooooobra Busy........Mga Entreps 'tis the season to be jolly and TIRED.

Hi to all

[PinkWriter]

Sali ako EB :) Ok lang?

[ForeSight]

My Dog Can Walk On Water



There was a hunter who came into the possession of a special bird dog. The dog was the only one of its kind, because it can walk on water. One day he invited a friend to go hunting with him so that he could show off his prized possession. After some time, they shot a few ducks, which fell into the river. The man ordered his dog to run and fetch the birds. The dog ran on water to fetch the birds. The man was expecting a compliment about the amazing dog, but did not receive it. Being curious, he asked his friend if the friend had noticed anything unusual about the dog. The friend replied, "Yes, I did see something unusual about your dog. Your dog can't swim!"




Success Principles

More than 90% of the people that we face everyday are negative. They choose to look at the hole in the middle rather than the doughnut. Do not expect compliments or encouragement from them. These are the people who cannot pull you out of your present situation. They can only push you down. So be aware of them, spend less time with them, and do not let them steal your dreams away from you.

http://www.capcess.com/

[omeng]

how about 2nd saturday or sunday of december? check your pm miss Trevi.

Hello PinkWriter. Ok lang po ( sa akin.. :D )

[BaryaLang]

Quote of the day:

"Do not sheyt on your own backyard."

- by my late old friend

Your late old friend must have been a short sighted, anti social being. If you are not going to use the CR, in civilized society, then better to use your own backyard than the street or the neighbor's back yard. Only short sighted, anti social beings would subscribe to the quote and not realize that it implies bad conduct!


Barry

Barry Doolittle, Instructor

The Official Web Site for the Happy Pinoy
Barya Lang Internet Family

http://www.happypinoy.com

barry@happypinoy.com

http://www.baryalang.com
http://www.900ph.com
http://www.19d.us
http://www.1job.us

[tennisace]

Hmmm. I see the point of the quote, but does that make me short-sighted and anti-social?

Surely you jest, but if I were in a civilized society and I desperately need to use the CR, I'd go to the nearest Starbucks and take my dump there. A crapload better than the street or my neighbor's backyard.

Hehehehe

[omeng]

Ha ha :lol:

Forget about that sheyt. :D

EB on Dec 11 or 18?

How about you tennisace, can you make it? :lol:

[tennisace]

Well, sorry to say, I'm short-sighted (can't see where I go) and anti-social (don't like who I'll see). hehehe

[BaryaLang]

Hmmm. I see the point of the quote, but does that make me short-sighted and anti-social?

Surely you jest, but if I were in a civilized society and I desperately need to use the CR, I'd go to the nearest Starbucks and take my dump there. A crapload better than the street or my neighbor's backyard.

Hehehehe

*chuckle*

Neither short-sighted or anti-social, I thought you were quoting someone else that had one of those characteristics.

I often quote wise men but that does not make ME wise.

Man your guys must be lucky to get to go to Starbuck's I am lucky to have "Nescafe" and it does not come with a CR.

Barry

[tennisace]

*chuckle*

Neither short-sighted or anti-social, I thought you were quoting someone else that had one of those characteristics.

I often quote wise men but that does not make ME wise.

Man your guys must be lucky to get to go to Starbuck's I am lucky to have "Nescafe" and it does not come with a CR.

Barry
Hehehe

Shouldn't be a problem. After you finish the Nescafe, you can stand in the corner and pee in the cup :rotflmao:

[mckoolit]

Hi Omeng & Max,

Ituloy natin the EB. Maski small group lang. pls. PM so we can exchange contact nos.

Soooooooooobra Busy........Mga Entreps 'tis the season to be jolly and TIRED.

Hi to all

i definitely agree :)

post nyo dito yung EB para i'll drop by if i can (kung ok lang sa inyo :bungi: )

[SILENTMAX]

i wonder who will be the first to bring this to the phils...

Increase your breast measurements by this ringtone
Posted Friday, September 24, 2004



Some of the silly tunes Japanese pay to download to use as the ring tone for their mobile phones sure have their knockers, but it's for precisely that reason that a well-known counselor is raking it in at the moment, according to Shukan Gendai (10/2).

Hideto Tomabechi -- who first made headlines in Japan almost a decade ago after he cured brainwashed members of the AUM Shinrikyo doomsday cult that unleashed deadly sarin gas on the Tokyo subway system -- claims to have developed a tune for ring tones that promises to increase the breast measurements of those who listen to it.

And Tomabechi's brainchild for better busts has boomed, with chest challenged chicks swarming to transfer data to their own phones.

"I listened to the tune for a week expecting all the time that I was being duped," says Chieri Nakayama, a 19-year-old pin-up model, tells Shukan Gendai. "But, incredibly, my 87-centimeter bust grew to 89 centimeters! It was awesome!"

Mobile phone ring tone tunes, or chakumero as they're called in Japanese, are almost an integral part of the arsenal of Japan's tens of millions of cellular phone users. Each of the big phone companies operates sites where their customers can for a few hundred yen per month download songs they use in place of the blase ring tones pre-installed in the phones. Normally, people select hit songs or TV themes, but Tomabechi's *** tune has hit a raw nerve somewhere, attracting an almost unimaginable 10,000-plus downloads in the first week it was made available, despite the numerous titters.

"Most would think it's a lie, but the techniques involved in the process have been known for some time and are the result of research I carried out in the '80s and '90s," Tomabechi tells Shukan Gendai. "I use sounds that make the brain and body move unconsciously. It's a technique involving subliminal effects."

Tomabechi claims that techniques exist to provoke movement in a certain part of the brain that reacts to sounds and light.

"It's a part of cognitive science. I suppose you could call it a kind of 'positive brainwashing,'" he says. "Sound waves travel in patterns that can be properly re-played."

It's an old adage that many illnesses are all in the mind, but if the counselor's claims are correct, the key to having a huge set of breasts could be the same. Tomabechi says he's already got plans on the drawing board for ring tones aimed at improving memory, increasing attractiveness for the opposite sex, making hair sprout and quitting cigarettes.

Even if the rockmelon ring tone doesn't prove to be as effective as its inventor claims, what can't be denied is its success on the chakumero charts.

"We offer loads of chakumero for sale at 300 yen a month and the tune promising huge breasts would have to be in our top 10 at least. It's doing far better than we ever expected," Yuichi Tsujimoto, a spokesman for Media Chic, which offers Tomabechi's tune online, tells Shukan Gendai. "We haven't done any advertising for it, so I suppose the tune's success has come about through word of mouth. We've even received mail from one user who said they listened to the tune every night before going to sleep and it made her **** bigger."

Source http://mdn.mainichi.co.jp

[prestige]

hello to all.
when is this EB?

planning to join. okay lang? :)

thanks.

[omeng]

ok na ok. :D

Madame' Trevi, ok Dec 18? Venue and Time please. ;)

[omeng]

are you millionaire potential?

http://www.bbc.co.uk/science/humanbody/mind/surveys/millionaire1/index.shtml

[Trevi]

ok na ok. :D

Madame' Trevi, ok Dec 18? Venue and Time please. ;)

@Omeng Dec 18 is packed. I have a HS reunion / family day lunch til 3pm and a relative's wedding to attend at 6pm til the evening. I cannot host the EB on that day. On the 17th naman is our company Xmas party.

The weekend of 10 & 11 is also booked and I have balikbayan relatives/visitors coming over. It will be a stretch to host an EB on those days However, I can join the EB if it is scheduled after 9pm. Sorry talaga. A weekday is more workable OR the week AFTER X'mas pag may slowdown na.

I will call you tommorrow and lets see what we can do. Do you have an idea how many will come?

Hello to all.

[Trevi]

Omeng and Max I have a PM for you. Please read. The EB is a must, lets work this one out.

[SILENTMAX]

"Every single day someone has an idea. Every day someone talks about some business they want to start. Every day someone is out there starting a business whose entire goal is to beat the hell out of yours. How cool is that.

Every day some stranger from any where in the world that you have never met is trying to come up with a way to put you out of business. To take everything you have worked your *** off for, and take it all away. If you are in a growing industry, there could be hundreds or thousands of strangers trying to figure out ways to put you out of business. How cool is that.

The ultimate competition. Would you like to play a game called Eat Your Lunch. We are going to face off. My ability to execute on an idea vs yours. My ability to subvert your business vs your ability to keep it going. My ability to create ways to remove any reason for your business to exist vs your ability to do the same to me. My ability to know what you are going to do, before you do it. Who gets there first? Best of all, this game doesn’t have a time limit. It’s forever. It never ends. It’s the ultimate competition." -mark cuban

[chadman]

anyone here tried HYips? autosurfs?

[omeng]

"Every single day someone has an idea. Every day someone talks about some business they want to start. Every day someone is out there starting a business whose entire goal is to beat the hell out of yours. How cool is that.

Every day some stranger from any where in the world that you have never met is trying to come up with a way to put you out of business. To take everything you have worked your *** off for, and take it all away. If you are in a growing industry, there could be hundreds or thousands of strangers trying to figure out ways to put you out of business. How cool is that.

The ultimate competition. Would you like to play a game called Eat Your Lunch. We are going to face off. My ability to execute on an idea vs yours. My ability to subvert your business vs your ability to keep it going. My ability to create ways to remove any reason for your business to exist vs your ability to do the same to me. My ability to know what you are going to do, before you do it. Who gets there first? Best of all, this game doesn’t have a time limit. It’s forever. It never ends. It’s the ultimate competition." -mark cuban

this is possible, but executing the idea is not that easy.

building network, integrity, credibility and face value are the hardest part.

[omeng]

Omeng and Max I have a PM for you. Please read. The EB is a must, lets work this one out.

ai, ai mam. ;)

[BaryaLang]

Every single day someone has an idea. Every day someone talks about some business they want to start. Every day someone is out there starting a business whose entire goal is to beat the hell out of yours. How cool is that...


this is possible, but executing the idea is not that easy.

building network, integrity, credibility and face value are the hardest part.

In the Philippines the "crabs" keep pulling the other business down. In the USA and other developed countries business has found that working together is best. In fact there are laws in the USA to prevent certain ways businesses work together because it became too common.

Why fight other business when you can join with the possible competitive companies and monopolize the market? We don't need those laws in the Philippines because everyone has been so short sighted all they can see is the one sale they loose to another business instead of the millions they can gain.

Big companies like Microsoft find that bringing in many small companies and products together makes for a strong business for all. People talk about Microsoft "absorbing" small companies but few mention that those small companies became billionair companies because they joined. The owners and Microsoft are not going to explain how "their working" together made much money for all!

Web Site Designers and Sales people can group together in the Philippines and share this multi-billion market if they want to eliminate poverty (or not).

Join our group, grow, help others,
Barry

Barry Doolittle, Instructor
The Official Web Site for the Happy Pinoy
Barya Lang Internet Family
http://www.happypinoy.com

barry@happypinoy.com
barry@baryalang.com

http://www.baryalang.com
http://www.900ph.com
http://www.19d.us
http://www.1job.us

[Trevi]

"Every single day someone has an idea. Every day someone talks about some business they want to start. Every day someone is out there starting a business whose entire goal is to beat the hell out of yours. How cool is that.

Every day some stranger from any where in the world that you have never met is trying to come up with a way to put you out of business. To take everything you have worked your *** off for, and take it all away. If you are in a growing industry, there could be hundreds or thousands of strangers trying to figure out ways to put you out of business. How cool is that.

The ultimate competition. Would you like to play a game called Eat Your Lunch. We are going to face off. My ability to execute on an idea vs yours. My ability to subvert your business vs your ability to keep it going. My ability to create ways to remove any reason for your business to exist vs your ability to do the same to me. My ability to know what you are going to do, before you do it. Who gets there first? Best of all, this game doesn’t have a time limit. It’s forever. It never ends. It’s the ultimate competition." -mark cuban

HOW TRUE.. :grrr:

Positivize this, put a spin..and parlay into a better way of doing business YOUR way. It would also help you to take into heart Tzu's Art of War. :)

[omeng]

So miss Trevi, post xmas na lang ang EB? at least di tayu masyadong hectic. :D

[tennisace]

i wonder who will be the first to bring this to the phils...
Ringtones to enlarge boobs? How much bullsyet is that?

Good 'ol T.Ace has been enlarging boobs for years! All the girls have to do is give me a call. And yes, they have a special ringtone when they call. I highly recommend at least a one hour session three times a week. The T.Ace Manual Method has been proven to be the best non-surgical boob enlargement with a 98.6% success rate.:D

[tennisace]

In fact there are laws in the USA to prevent certain ways businesses work together because it became too common.

We don't need those laws in the Philippines because everyone has been so short sighted all they can see is the one sale they loose to another business instead of the millions they can gain.[/I]

Big companies like Microsoft find that bringing in many small companies and products together makes for a strong business for all. People talk about Microsoft "absorbing" small companies but few mention that those small companies became billionair companies because they joined. The owners and Microsoft are not going to explain how [B]"their working" together made much money for all!

Maybe I missed these so-called US laws you are referring to. Can you enlighten me on the specifics of this? I know there are existing anti-trust laws, but I don't think that's what you're referring to. May you please explain what specific laws you are referring to so that we may be aware of it?

Establishing strategic business alliances are nothing new. It's been around since the Phoenicians got on their ships and peddled their wares across the Meditteranean. That companies engage in co-branding, cross promotions, joint marketing and cooperative advertising is nothing unusual, and is actually encouraged under the US free enterprise system. Microsoft has nothing to explain about their alliances; it's a part of their disclosures.

I would also respectfully request that you refrain from making such a blanket statement about EVERYONE being short-sighted. I am currently working with some of the sharpest Filipino entrepreneurs and there's nothing myopic about these folks. There are short-sighted people everywhere. When it comes to business and/or entrepreneurship, you either have it in you or you don't, regardless of culture, race, creed, sex or sexual orientation.

Besides, if you are in the Philippines, I think your business would be better served if you would be a little bit more encouraging and less denigrating. I think that's what one forumer meant when he quoted "don't shyet in your own backyard".

One thing I learned over the years is that it is difficult, if not impossible to establish profitable business alliances if you are acerbic and condescending. Easier to attract bees with honey than with vinegar, n'cest pas?

[tennisace]

So miss Trevi, post xmas na lang ang EB? at least di tayu masyadong hectic. :D
I hope my travel plans will allow me to attend this EB. I would surely enjoy it, if only for the food. :lol:

[BaryaLang]

... I know there are existing anti-trust laws, but I don't think that's what you're referring to. ...

...Establishing strategic business alliances are nothing new. It's been around since the Phoenicians got on their ships and peddled their wares across the Meditteranean. ...

...I would also respectfully request that you refrain from making such a blanket statement about EVERYONE being short-sighted. I am currently working with some of the sharpest Filipino entrepreneurs and there's nothing myopic about these folks. ...

...Besides, if you are in the Philippines, I think it your business would be better served if you would be a little bit more encouraging than denigrating. I think that's what one forumer meant when he quoted "don't shyet in your own backyard". One thing I learned is that it would be difficult to establish profitable business alliances if you are ascerbic and condescending. Easier to attract bees with honey than with vinegar, n'cest pas?

We agree, yes the laws in the USA are the many laws that you refer to as "anti-trust laws" and are so complex that it is a very special field in USA law. I am not a lawyer but I can promise that if you sit down and talk to your competitor about what the "price of whatever" is going to be next month you can go to jail if the government wants to followup.

Open a water business in the Philippines and see how many other water businesses open up within meters of your store. Open any business and watch the new "copy cats" open up next door. That IS short sighted and being an entrepreneur is more than "starting a business" as people here will understand in a few years.

I am NOT starting or running a business here. I am training people how to make web sites that meet International standards so they can compete in the International market. If I wanted to build a business I would stay in the USA where I get $90 per hour to do what I'm teaching Philippine people to do for free. My unnamed associates are being nice and they don't post these things because THEY ARE building businesses here! I don't want any bees. I don't even care if everyone here hates me. Someone needs to SCREAM loud and clear to my fellow Pinoy to WAKE UP! I dont grade a test with a high grade to get a student to like me. I get rewarded if the student becomes a success in life wether they like me or not. So forget the honey cause I've got a ship load of vingar to distribute. How much honey do you cook with?

You stated: "I would also respectfully request that you refrain from making such a blanket statement about EVERYONE being short-sighted." Your request is a fine request but someone needs to tell people here (and most ARE short sighted) that they need to work together. One can not make an "EVERY ONE" statement about ANYTHING! There will be less than 1% of the population that even understands what we are trying to do. That is OK because that less than 1% can change this country. I understand the Pinoy pride in their heart and mind is certainly much heavier than the Pesos in their pocket. Just remember that most of the world can not even locate the Philippines on the map. We don't have a Bill Gates here and if one was born here they would have left by now and be in the USA or some other first world country. There are nearly NO PEOPLE in the USA, UK, CANADA, etc. faking visa applications so they can come to the Philippines. But the line outside the USA Immigration is always long in Manila. And I suspect that more than one of those documents are printed in Recto.

You stated: "I am currently working with some of the sharpest Filipino entrepreneurs and there's nothing myopic about these folks."
Great!, lets get together and we can help everyone. I would sure like to meet even one of the "sharpest Filipino entrepreneurs". I work with many great people but none of them would say they are in a group of the "sharpest Filipino entrepreneurs". I guess they are too long sighted to believe that of themselves. I'm certainly not the sharpest of anything but I happen to be one of the very few that are willing to come here to the Philippines and live in near starvation so I can help others.

We need to stop the "brain drain" and being short sighted and closed minded will not stop that. It has not worked here for 60 plus years and will not work here until our less than 1% get real.

Hey, great exchange. Keep the comments coming. These fourms are the Philippine classroom that good folks attend now-a-days.


Barry

Barry Doolittle, Instructor
The Official Web Site for the Happy Pinoy
Barya Lang Internet Family
http://www.happypinoy.com

barry@happypinoy.com
barry@baryalang.com

http://www.baryalang.com
http://www.900ph.com
http://www.19d.us
http://www.1job.us

[Trevi]

I hope my travel plans will allow me to attend this EB. I would surely enjoy it, if only for the food. :lol:

Hi To ALL.

It was nice talking to to you Omeng. Yes, we'll have the EB after Xmas. I will post a blanket invite to the forum for those who would like to join.

Tennisace, food will be scarce :rolleyes: in the EB the main dish will be company and exchange of ideas. Hope you will honor us with your presence. :)

[Trevi]

.

Open a water business in the Philippines and see how many other water businesses open up within meters of your store. Open any business and watch the new "copy cats" open up next door. That IS short sighted and being an entrepreneur is more than "starting a business" as people here will understand in a few years.

[http://www.1job.us

This has no connection to TAce and BLang ongoing repartee..just a mere mention..

I call this gaya-gaya practice the "lechön manok syndrome". The war of attrition takes over, and only the best survive. There is nothing wrong in IMPROVING on an idea as this may even spin-off another business model, but what most do is make a POOR copy. Most want to cash in / profit from the trend.

In the recent past we had Zagu / shakes with Sago to name one. Next possible..going that route thing..... :D

my thoughts lang.

[tennisace]

“We agree, yes the laws in the USA are the many laws that you refer to as "anti-trust laws" and are so complex that it is a very special field in USA law. I am not a lawyer but I can promise that if you sit down and talk to your competitor about what the "price of whatever" is going to be next month you can go to jail if the government wants to followup.”

>>> There is nothing specialized about US anti-trust laws, although there are attorneys that specialize in anti-trust litigations. What you described is akin to price fixing or collusion, and should be covered primarily under consumer protection laws.

“Open a water business in the Philippines and see how many other water businesses open up within meters of your store. Open any business and watch the new "copy cats" open up next door. That IS short sighted and being an entrepreneur is more than "starting a business" as people here will understand in a few years.”

>>> I think the participants of this forum already understand that being an entrepreneur is more than just starting a business. Considering your premise, would you then agree that your training “activities” will spawn “copy cats” that will eventually render your training unnecessary? If that’s the case, then what is the point?

“I am NOT starting or running a business here. I am training people how to make web sites that meet International standards so they can compete in the International market. If I wanted to build a business I would stay in the USA where I get $90 per hour to do what I'm teaching Philippine people to do for free. My unnamed associates are being nice and they don't post these things because THEY ARE building businesses here!”

>>> So, if you’re not in business, where does the income come from? There are things to buy and bills to pay. I appreciate your desire to teach and train Filipinos but let’s not be naïve here. I am not questioning your ulterior motives for doing what you’re doing but I suspect there’s nothing free about it. One way or another, you are looking to profit from your “free” services. I did not realize that there are “international standards” of web design. I know there are certain rules to be considered when designing a site, but I don’t think there’s anything “international” about it. While web design is a pursuit that arguably requires some degree of expertise, technology has made it possible for even a dumb guy like me to create a tasteful and purposeful site with the aid of various software tools and applications. Honestly, my homemade webpage looks a lot more appealing than some of the links you’ve posted under your name and title.

“I don't want any bees. I don't even care if everyone here hates me. Someone needs to SCREAM loud and clear to my fellow Pinoy to WAKE UP! I dont grade a test with a high grade to get a student to like me. I get rewarded if the student becomes a success in life wether they like me or not. So forget the honey cause I've got a ship load of vingar to distribute. How much honey do you cook with?”

>>> I don’t think anyone here hates you, but you’re certainly making it easier for someone to do so. Screaming will not get you anywhere. What do you do when someone screams in your ear? You would cover them to tune out the noise, right? In my experience, no likes listening to noise, regardless of the message. People tend to scream when they are either angry, frustrated, or have the need to satisfy a self-serving agenda such as the subconscious desire for social validation. There are better ways of getting people to listen, which brings me to the quote, “speak softly but carry a big stick”. Look, if what you have to express make sense, people will listen. To answer your question about “how much honey do I cook with”, I can tell you for certain that I cook with a lot more honey than you do.

“You stated: "I would also respectfully request that you refrain from making such a blanket statement about EVERYONE being short-sighted." Your request is a fine request but someone needs to tell people here (and most ARE short sighted) that they need to work together.”

>>> Well, I think we have been doing exactly that. Being a newcomer to the thread, I guess you haven’t had the opportunity to grasp the gist of the chatter here. I don’t think it’s fair to be judgmental about the people here. For instance, do you really know who I am, what I’m doing and what I’m continuing to accomplish as an entrepreneur? No, you don’t, just as I don’t know you. If anything, you are probably the short-sighted one. You are whining about how everyone is a short-sighted copycat and spending most of your energy focusing on the negatives. You should not be ranting about how bad it is; rather, you should be imparting your wisdom on how good it can be. That would be more productive, wouldn’t it? You do that, and I guarantee you, people will listen to what you have to say.

“You stated: "I am currently working with some of the sharpest Filipino entrepreneurs and there's nothing myopic about these folks." Great!, lets get together and we can help everyone. I would sure like to meet even one of the "sharpest Filipino entrepreneurs". I work with many great people but none of them would say they are in a group of the "sharpest Filipino entrepreneurs". I guess they are too long sighted to believe that of themselves. I'm certainly not the sharpest of anything but I happen to be one of the very few that are willing to come here to the Philippines and live in near starvation so I can help others.”

>>>The fact is, a lot of us have been doing whatever we can to help the other participants of this thread. If you haven’t met some of the sharpest Pinoy entreps, I guess you’ve been looking in the wrong places and hanging out with the wrong group. Right here, right now, you’ll find some of the sharpest ones. However, if you keep up this somewhat haughty attitude, you’ll never get to associate with them. I’m sorry that you have to live in near-starvation in order to help others. But, if you have the capacity to make $90 an hour and build a business in the US, then you should have done so. From that business you can parlay some of the profits to establish a training center in the Philippines. There is no reason for you to be starving. Abandoning an opportunity to make substantial business in the US in order to live in starvation in the Philippines for the noble cause of helping others is the ultimate short-sightedness. You could have done the same thing, perhaps even more, without putting yourself in such a compromising situation.

Best of luck.

[tennisace]

Hi To ALL.

It was nice talking to to you Omeng. Yes, we'll have the EB after Xmas. I will post a blanket invite to the forum for those who would like to join.

Tennisace, food will be scarce :rolleyes: in the EB the main dish will be company and exchange of ideas. Hope you will honor us with your presence. :)
Aaaah, but how can a starving mind function to its fullest capacity? :lol:
I'd love to be there, but my travel plans are not firm as of yet.