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lans_ph
Dec 2, 2003, 08:12 AM
good day :) niwey hope people tulungan nyo ko.. im a fresh grad.. kakatapos lang last sept.. and luckily may nahanap nakong work.. but right now indi ako masaya and decided na mag reresign na this month.. im a comp sci grad and a future web designer and web developer.. guys if you know or if meron kayong alam na company that deals with web designer or developer or any na related sa field ko.. help me naman and paki - email ako at allananovaph@hotmail.com tnx people
-=LaNs=-
omeng
Dec 2, 2003, 01:08 PM
..
omeng
Dec 2, 2003, 01:15 PM
from other board: baka need din nilang developher.. ask mo na lang bro! =)
my small company needs a support programmer.......please email resume at charade@yehey.com or fax resume at (632)421-4907 or call (632)421-2763 look for che, dapat taga quezon city lang or nearby sya thanks!!!
velocity000
Dec 3, 2003, 09:56 AM
Originally posted by Krakista
Napansin ko lang naging diwata28 yung thread starter. Anong nangyari ba kay velocity000?
Yeah, napansin ko rin yan...I think the moderator merge the thread of diwata to this thread.
But the sad thing is...he/she gets the credit of starting this young entrepreneur thread...this is what you called piracy? :D :D
missywitchy
Dec 3, 2003, 01:39 PM
People favor lang.........pahingi lang ng feedback... opinions... at advice....
My sister and I are toying with the idea of putting up a magazine and bookshop sa isang mall. RIght now the idea is to mix used books, back issues of magazine at syempre mga new issues din ng local at imported magazine. The problem is ala kami pareho experience sa ganitong klase ng business, if anyone has any idea kung gano katagal ang ang roi nito at kung may future ba ang business na ito. Since uutangin ko lang ang ipupuhunan namin, we really can't afford to get burned.....
omeng
Dec 4, 2003, 12:22 PM
hmmmm.. tanungin ko kaibigan ko missywitchy.. =)
missywitchy,
ok na business yan its still booming. although you have to consider the location and cost ng rent. as for the ROI, mahirap sabihin depende talaga. although this business is worth a try since di sobra laki puhunan. katakot lang yung bayad sa rent sa mall. maybe a kiosk would be a better solution. yung mga stands lang. just to lessen the rent.
vylet23
Dec 5, 2003, 05:07 PM
Nice thread!!!
vylet23
Dec 5, 2003, 05:24 PM
hi ,
me and my sis had jz started our computer shop business a month ago and so far ok naman, and we're planning to add a cafe bar, the prob is i we dont have an idea how to prepare coffee, i mean *** tipong starbucks/ seattles is there anyone who can suggest me how to prepare that kind of stuff!!
ichi
Dec 5, 2003, 06:23 PM
misswitchy...
if you want a profitable business, go with food as of now since its already the holiday season... but as for a bookshop/magazine stall, im very sorry to tell you that you'll have a hard time penetrating the market especially if you are going to start your business in the manila area. the magazine and book publishers/distributors will sell you products by bulk... meaning, more than 20 pcs on one particular magazine.
good luck to you!
entrepreneurs are the only hope this country has especially election time is fast arriving.
missywitchy
Dec 5, 2003, 06:55 PM
thanks for all the feedback.... we are still in the process of researching this business idea. The location we have in mind is a kiosk type and we already have an idea how much the rent would cost, although its a little steep mukhang sulit naman kasi matao talaga yung lugar. Pero we are still investigating kung meron na bang nag-attempt maglagay ng ganoong klaseng shop duon sa lugar na yun , did it become profitable or nalugi etc. We are also starting to study the procedure and requirements for dealers of this kind of business. So all your additional feedbacks are most welcome... :-)
ichi
Dec 5, 2003, 07:04 PM
misswitchy...
if you want a profitable business, go with food as of now since its already the holiday season... but as for a bookshop/magazine stall, im very sorry to tell you that you'll have a hard time penetrating the market especially if you are going to start your business in the manila area. the magazine and book publishers/distributors will sell you products by bulk... meaning, more than 20 pcs on one particular magazine.
good luck to you!
entrepreneurs are the only hope this country has especially election time is fast arriving.
Krakista
Dec 8, 2003, 01:55 AM
Originally posted by ichi
the magazine and book publishers/distributors will sell you products by bulk... meaning, more than 20 pcs on one particular magazine.
The way I see it, if you don't feel like buying in bulk (huwag lang sobra), you may have to rethink getting into this business.
Krakista
Dec 10, 2003, 08:11 AM
Originally posted by omeng
krakista.. again thanks sa CD.. yung may mga "magubat" kaya.. kailan mo ipang-gigive-away.. he he..Next time. I will also include the installer of the evaluation edition of Amelio Enterprise Suite and Amelio Quikstart.
our conversation will be discuss in my(ENTREPhil) group (in our next meeting..).. that is a great deal for us.. and we do have contacts. by the way "allan" (tym2bugi) is CPA too. at cencia na at kayo lang ang nakakarelate.. he he Di naman ako CPA ah! :D
Krakista
Dec 10, 2003, 08:28 AM
CONSPIRACY GARDEN CAFÉ opens December 8, 2003, 8 p.m.
Inuman, kainan, tambayan, kuwentuhan, kantahan, mitingan, kontsabahan.
59 Visayas Av, across the Shell Station, beside Equitable Bank,
behind Monterey and Ninang's.
Owned and operated by Cynthia Alexander, JoeyAyala, Bayang Barrios, Noel Cabangon, Cooky Chua and Gary Granada…. among many others including Conrad de Quiros, Lynn Sherman, Risa Hontiveros, et. al., et. al…… ang dami natin!
Come and see the fine mess we've gotten ourselves into. Will it
prosper? If you wish it to, it will! At least the food is great...
Call 453 2170 to book your meetings, conferences, workshops, birthday parties, weddings and drunken revels.
JoeyAyala
omeng
Dec 11, 2003, 02:25 AM
ha ha
=)
summit012
Dec 11, 2003, 08:40 AM
What business do u think will "click" next year?
SiOMs
Dec 11, 2003, 09:41 AM
whoops! double post :hiya:
SiOMs
Dec 11, 2003, 09:42 AM
hi guys :wave: how was the entrep eb? magkwento naman kayo... :D
sorry wasnt able to come, natapos na kasi yung bazzar mga 1030 d ko na kaya humabol... anyway, sana meron ulit na eb...maybe next year? :D
p.s. to repeat summit012's question.. what biz do u think will click next yr? :)
p.p.s meron kayo kilala na sub contractors for clothes? thanks! :)
---
xmas na naman! :bounce2:
sizzling
Dec 13, 2003, 01:50 AM
Originally posted by SiOMs
p.s. to repeat summit012's question.. what biz do u think will click next yr? :)
My answer to that is: "anything you have a passion for"
:yum:
Judge_Mental
Dec 17, 2003, 09:37 PM
I've been going through this thread these past few days and I've learned so much.
Threads like these are a blessing to those who want to start there own business. So, to all of the posters here, keep up the good work! I'm very sure that your posts have inspired others to start their own business. :)
I can say that I am one of those who have been inspired by your posts. I and a friend of mine have decided to venture into the food business. Both me and and my partner can cook; but, unfortunately, we lack the business knowledge that will enable us to expand the business.
The good news is that on our first week, we were able to break even.
We plan to expand the business sometime soon. We know what we want to happen, but we don't know how to get there. Seeing our market, we feel that we have a very good shot at making a decent profit.
I and my partner were hoping to find Pexers in the catering business who can help us answers some of our questions. We are also looking for people (lawyers and accountants) who can help us answer certain financial and legal questions. For those who are willing to share advice please do contact me through my email address: "em_quizonii@yahoo.com."
Again, we thank everyone in advance for any help extended to us.
More power to this thread and to young entreprenuers everywhere!:)
BingoWingo
Dec 19, 2003, 01:22 AM
Originally posted by sizzling
My answer to that is: "anything you have a passion for"
:yum:
my passion is travelling, though its hard to open a travel agency(for one malaki ang overhead)....have wanted to have my own agency since after graduation but never materialized though.
true, if u got a passion for that thing, it would work for u..
pero sa tingin nyo guys ano ang next in line for 2004..
2003 trends kasi (majority as I know) is badminton..
yun ang nagclick sa mga tao..
for next yr ano kaya?
omeng
Dec 19, 2003, 11:57 AM
bedminton! twink*
omeng
Dec 19, 2003, 12:00 PM
Hi judge_mental! good luck!
about legal-financial-accountants thingy.. maybe we can assist you.
you may do contact me at romeo_pm@yahoo.com... entrephil@yahoo.com.. shop@entrephil.com
8236257
09172449308
romy =)
Krakista
Dec 25, 2003, 10:19 PM
Originally posted by BingoWingo
pero sa tingin nyo guys ano ang next in line for 2004..
2003 trends kasi (majority as I know) is badminton..
yun ang nagclick sa mga tao..
for next yr ano kaya? Mas mabuti isipin nating maging trendsetter imbes na sumunod sa mga trends. Isip tayo. Badminton is only viable for those who own idle land.
Merry X'mas everyone. :santa:
one_shot
Dec 25, 2003, 11:49 PM
Kakatuwa nga e, medyo hindi magkapareho yung business na itatayo namin; we'll be making chocolates here in Manila while we'll be raising fish cages in the province.
Hmm... I thought I had everything going then, plans were already set, capital na lang yung kulang. We were supposed to get that this coming January - by selling one of our properties, but there's a slight problem. Medyo may encroachment yung katabi naming lot so we need get things settled first. Na-udlot yung pagkukunan namin ng funds! So far, yun lang.
TheMonitor
Dec 27, 2003, 02:26 PM
I am helping out a friend send out the word regarding the Philippine's Newest Entrepreneur Online Community.
Entrephil.com (http://www.entrephil.com)
This is a business portal for both offline (brick and mortar) and online entrepreneurs. MLM / Network marketing entrepreneurs also welcome.
This is a full-featured entrepreneur onoine portal:
1. Message Boards - discuss anything and everything regarding setting up a business; franchise / business / MLM opportunities
2. Weblink Directory - members can post links to their business / personal pages, online opportunity and affiliate programs, etc.
3. Free Classifieds - sell, buy, swap your stuff (products, services, opportunities, etc.). You can even upload photos of the merchandise here.
4. Free Webmail account - you can have your own username@entrephil.com webmail account. Ful featured and includes a 6 MB space for your business mails.
5. Download / Upload Section - download free business e-books, scripts and programs.
6. Online polls and surveys - post your own online poll and surveys
so if you have products and services to offer or seek business partners, why not check out the site http://www.entrephil.com
ichi
Dec 27, 2003, 02:43 PM
a challenger to pex...hehehe
TheMonitor
Dec 27, 2003, 03:03 PM
Originally posted by ichi
a challenger to pex...hehehe
di naman.. no one can challenge PEx...
If PEx is one big universe of people and talk, entrephil is just one teeny-weeny planet. :)
www.entrephil.com is geared towards the pinoy entrepreneur, empowering him with the basic tools and advice to succeed in business. it is envisioned to be an online community of pinoy entrepreneurs, whether online or offline.
omeng
Dec 27, 2003, 10:41 PM
bwehehehe
si kuya danny nakatingin oh.. =)
digital_potato
Jan 4, 2004, 11:02 PM
hey guys! did neone of u try the nacho king franchise? so how was it?
stratboi
Jan 6, 2004, 10:01 PM
ey guys may idea kayo kung paano magimport ng performance car parts and accesories from japan?
digital_potato
Jan 7, 2004, 09:03 AM
uy that sounds familiar. ala fast and the furious heheheh :D
jazzy
Jan 10, 2004, 06:18 PM
How about piggery business?
I heard a piglet worth P1,500 can be sold after 3-4 months to P4-5k. Is this true? What are your thoughts about it?
Thanks!
just_wink
Jan 11, 2004, 02:09 AM
hi guys! im kindda new here and ive been reading the thread these past few days and it was really enlightening.. anyways, im thinking of going into food business... any suggestions? may mararating kaya P150K? thanks!
OliverWood21
Jan 11, 2004, 12:56 PM
Need Advice guys...
:D
If you are going to loan from a bank, which mode would you prefer on paying them back? Is it in 12, 18, 24 or 36 months?
:rolleyes:
Been puzzled because I had just read the prevailing interest rates on the bank and its got around 17% interest in 12 mos, 28% in 18 months and 40% in 24 months..
Just a question, hope you can advice.. ;)
sizzling
Jan 12, 2004, 03:00 AM
Originally posted by just_wink
hi guys! im kindda new here and ive been reading the thread these past few days and it was really enlightening.. anyways, im thinking of going into food business... any suggestions? may mararating kaya P150K? thanks!
Hi just_wink,
This is just my opinion... I think 150K is more than enough to start a micro business. You might have heard of others starting businesses with only 10K in their pockets.
You can start really small: serve packed lunch to time-constrained office employees.
just_wink
Jan 12, 2004, 11:58 PM
hi sizzling! thanks! pero huhu... suggest pa kayo please... :)
fossil7
Jan 13, 2004, 11:41 PM
Originally posted by OliverWood21
Need Advice guys...
:D
If you are going to loan from a bank, which mode would you prefer on paying them back? Is it in 12, 18, 24 or 36 months?
:rolleyes:
Been puzzled because I had just read the prevailing interest rates on the bank and its got around 17% interest in 12 mos, 28% in 18 months and 40% in 24 months..
Just a question, hope you can advice.. ;)
i heared Land Bank is giving 1% monthly or 12% a year. pa verify na lang.
wandawoman
Jan 16, 2004, 05:05 PM
Originally posted by jazzy
How about piggery business?
I heard a piglet worth P1,500 can be sold after 3-4 months to P4-5k. Is this true? What are your thoughts about it?
Thanks!
hi! im a newbie here...
pero lagi ako nagbabasa ng posts dito...
hey this sounds great...
may narinig na akong gantong raket before kaya lang wala akong contact sa gantong industry...
bka meronng may idea....
omeng
Jan 18, 2004, 01:24 AM
Hi to ALL Young Entreprneurs!!! Kudos to us ALL!!!
ENTREPhil Mission Statement:
"Enrichment of entrepreneurs through business facilities and exciting products while building stakeholder values in the process.
what about venture biz? :)
sizzling
Jan 19, 2004, 01:10 AM
Originally posted by just_wink
hi sizzling! thanks! pero huhu... suggest pa kayo please... :)
just_wink, bakit "huhu"? masyado bang corny ang suggestion ko? :lol:
ganito na lang suggestion ko: instead of requesting for random suggestions, i-narrow down mo na lang muna kung anong klaseng food business ang gusto mo: meals, snacks, beverages, desserts, etc.; part-time or full-time business; home-based, sa loob ng mall, sa labas ng mall, etc.
pinoy2dmax
Jan 22, 2004, 03:47 AM
Any thoughts about Water Refilling Station? Is it a good deal? How much would it cost?
Skirt01
Jan 22, 2004, 08:21 AM
Originally posted by jazzy
How about piggery business?
I heard a piglet worth P1,500 can be sold after 3-4 months to P4-5k. Is this true? What are your thoughts about it?
Thanks!
yup! my friend has just started with this. She bought piglets, 1.5K each. Yup, she told me she can sell the pigs for 4-5K each after 3-4 months depending on how your pigs have grown. take note that she buys feeds for her pigs' food. usually two-three sacks of feeds in a month for five pigs.
SILENTMAX
Jan 23, 2004, 04:33 PM
entrepreneur networking night on january 27 tuesday
at cafe lupe ortigas
cafe lupe is where all the big billboards are in the ortigas bridge
nights focuse is on "how to start your own business"
starts at 630pm
if anybody wants to meet up there just txt me 09175022189
omeng
Jan 23, 2004, 04:46 PM
kita ulit tayu bosing. =)
si pareng krakista kaya dadating?
joben
Jan 23, 2004, 06:37 PM
hi. ive always wanted to attend the entrepreneur networking night. can anybody attend? do i need to "register" ?
muzix_trip
Jan 23, 2004, 06:53 PM
Does anyone here knows about "manpower agency" business.. Help me naman kasi po 'eto naisip ko business with some one who has the same thought.. Nakapag-post nako regarding this on the other thread but no answer yet. Since andito mga biz-minded person, dito na rin ako..
nga pala SILENTMAX, interested ako sa entrepreneur networking night on january 27 tuesday at cafe lupe ortigas, meron ba fee, magkano??
Thanks in advance!!
omeng
Jan 24, 2004, 01:00 AM
muzix_trip.. lam ko walang fee.. libre pa dinner. :)
joben.. better kung mag register ka.. pero si pareng silentmax.. basta na lang dumadating yun dun ng walang pasabi sa organizer.. kaya nagdududa ako na malaki ang shares niyan dun. ha ha
copy and paste ko na lang..
(entrep@list.femalenetwork.com)
Dear friend of Entrepreneur Philippines,
Do you want to put up your own business but don't know how?
Join Entrepreneur's 35th Networking Night entitled Start-Up Essentials: How To Start Your Own Business on January 27, 2004, 6pm to 9pm at Café Lupe, Guadalupe, Makati City and find out how you can put up your own business!
We have invited Entrepreneur 10 winner and Solerex Water Technologies president Mr. Jose Soler, Dept. of Trade & Industry (DTI) Provincial Director Mr. Ferdinand Manfoste, and Philippine Trade Training Center (PTTC) Senior Trade and Industry Development Specialist Ms. Joey Urmeneta to share their experiences and to provide tips and pointers on how to start a business the right way.
The Networking Night is a casual business get-together hosted by Entrepreneur Philippines Magazine, and is open to both existing and aspiring entrepreneurs. Listen to informative talks while you get the chance to win special prizes and meet potential business partners. Attendance is free of charge, but since many would like to attend and we can only accommodate up to 150 guests, please present a copy of the current issue of Entrepreneur magazine at the registration table. Or if you don't have one, copies of the Jan-Feb 2004 issue will be on sale at the venue.
Should you wish to confirm your attendance, please email michelle.villaflor@summitmedia.com.ph. or call us at 637-1976. The first 150 individuals will be accommodated.
Thank you and hope to see you there!
Michelle Villaflor
Marketing Assistant
SILENTMAX
Jan 24, 2004, 01:41 AM
lolz omeng
mas maganda kung may dala ka entrep magazine para mapakita mo sa kanila na reader ka
ako kasi sinisindak ko nalang sila sa tingin :D
sa totoo lang dun lang ako para sa free food mantakin mo libre pag kain tapos tuturuan ka pa nila. eh kulang na nga lang eh bigya ka nang ka table....hehehhe joke.
all in all its a good place to miggle learn a few things and most important of all get INSPIRED! yun lang yun kasi sometimes kailangan ma dala ka talaga sa energy nang iba para ma jump start ang pagka entrepreneur mo.
pareng omeng paki sabi naman kay kakrista to. nag contact narin ako sa iba ka friendsters. ok lang kung tayo lang andun pero mas ok kung marami tayo diba.
SILENTMAX
Jan 25, 2004, 02:28 AM
Angelina G. Goloy, Contributor
Inquirer News Service
WHILE more Filipino families are buying basic commodities in bulk, the greater majority (with only so much cash on hand at any given time) still rely on their suking tindahan to buy patingi-tingi (small packages) for milk, sugar, detergent, cigarettes or cooking oil, just enough to last a couple of days.
Today, the list of sari-sari staples includes mobile phone services in small electronic "packets."
Last May, Smart Communications Inc. introduced the Smart Load, "repackaging" airtime into packets of 30 pesos, 60 pesos, 115 pesos and 200 pesos -- like selling shampoo in sachets.
The new service has been a boon for Smart, helping it grow in a highly competitive market. It has also been a lucrative alternative livelihood for many Filipinos, turning to micro-entrepreneurship in these erratic economic climes.
For Fred of Makati, "e-load" was a life-saver. The SARS scare had cost him his job in a travel agency. With no immediate prospects, he acted on a friend's tip and attended a Smart Load seminar.
The P500 in his pocket would have been enough to get him started-except that he wasn't a Smart subscriber. With a loan from a friend, he got himself a Smart handset.
Now a dealer with 50 retailers, he is doing so well-by small business standards-that his wife quit her job at a high-end fashion store to take care of the paperwork.
"The best thing about Smart Load is that it brings out Filipinos' entrepreneurial spirit," he says. "It's a big help, especially for low-income earners."
Josefa is a housewife who sells rice to augment her husband's income. In 2001, she started selling Smart prepaid phone cards.
Last May, she branched out to Smart Load. With the additional earnings, she was able to buy her teenage children a computer, as she had promised. Josefa is now a dealer with 15 retailers under her-including her husband and children.
Being a purely electronic product, Smart Load is easily transferred by the retailer "over the air" from his or her phone to the customer's. The retailer just sends a specially formatted text message to a designated number using a simple menu. No cards are used.
"It's an improvement on the prepaid phone cards, which come in bigger denominations that are often beyond the budget of students and low-income workers," says Billy Racho, Smart manager in charge of distributing Smart Load among sari-sari stores.
Racho adds that reloading electronically is faster, more convenient and secure.
Loy, a sari-sari store owner in Pasay, reloads about 90 customers a day.
"They find the service affordable and easy to use," she says. A P30 load gives her the same profit as one case of softdrinks. And there's no need for refrigeration and shelf space.
It's relatively easy to become a Smart Load retailer. Anyone with a Smart GSM handset needs only P100 for the retailer SIM and 300 pesos for the initial load. Reloading a customer's phone takes only about five seconds or less.
(Seminars are held at the Smart Wireless Center in Ayala Avenue on Tuesdays, Thursdays, Saturdays at 1 p.m.)
Elvie, a college graduate, got started with three retailer SIMs. Encouraged by the brisk business ("even at midnight"), she got more and more SIMs until she had 70, which she distributed among family, friends and nearby sari-sari stores. This made her a dealer, entitled to additional discounts in acquiring loads. From her earnings, she was able to set up her own mobile phone accessories store.
Smart Load has been so successful, it merited a feature story in the Oct. 17, 2003 issue of The New York Times. In it, telecom analysts were quoted as saying that the concept could "help operators expand not only into rural areas of developing countries like China and India, but also among lower-income segments of the population in developed countries like the United States, particularly among teenagers."
Smart Load is part of the strategy of the country's leading wireless services provider to bring mobile phone services to the lower-income segments of the market in the more remote and less affluent areas of the country, says Smart Public Affairs head Ramon Isberto.
Three years ago, it developed its own mobile commerce platform, introducing the world's first electronic cash card linked to a mobile phone called Smart Money. This platform provided the launch pad for Smart Load.
Last month, using the same "m-commerce" system, it launched yet another innovative service, PasaLoad, which enables Smart and Talk 'N Text prepaid subscribers to pass on to one another P10 worth of their airtime.
These new electronic services help Smart to keep growing its subscriber base, Isberto says.
In the second and third quarters of 2003, which followed the launch of "e-load," it added over 1.6 million new subscribers. Last September, four months after Smart Load was launched, transactions exceeded one million a day on the average, accounting for 40 percent of Smart's top-up sales in the third quarter of 2003.
See what patingi-tingi adds up to.
cynchyap
Jan 25, 2004, 06:44 PM
Hello!
I am an Entrepreneur (a licensed real estate broker) and I am looking for full-time Property Consultants and Referral Agents to market Kensington Place in Bonifacio Global City (Fort Bonifacio). A studio unit (28.26 and 28.95 sqm) is pre-selling at P 1.3 Million. Terms available.
Minimum referral fee (you just refer clients and I will close the deal) is P 10,000 - for a studio unit.
Full-time Property Consultants (those who will look for clients and do the sales presentation) will get 3% commission.
My website is www.realestatemovers.com.
For details of the project:
www.realestatemovers.com/Kensington_Place.htm
For those interested to be a referral agent/Property consultant, visit:
www.realestatemovers.com/income_opportunity Kensington.htm
If you have further questions, kindly send an e-mail to: cynchyap@realestatemovers.com.
Thank you very much!
cynchyap
Jan 25, 2004, 06:54 PM
This is the correct link:
http://www.realestatemovers.com./income_opportunity%20Kensington.htm
joben
Jan 25, 2004, 07:09 PM
Kumusta sa mga entrepinoys ng thread na ito. Mabuhay kayong lahat! :cheers:
Mayroon kaming kakilala na gustong mag sosyo kami sa isang negosyo. Mukha namang maganda ang magiging kita nito.
Ang tanong ko ay tungkol sa hatian. Ang mangyayari kasi, sa aking ang lahat ng puhunan, sa kanya naman ang technical skills/knowhow. Ang gusto niyang hatian ay 50-50.
Ito ba ay karaniwan na kasunduan sa isang kasosyo kahit na sa isa lamang ang buong puhunan?
Mayroon ba kayong maipapayo upang mapaganda ang kasunduan. Ang akin lamang ay nasa akin ang lahat ng kawalan kung ito ay hindi maging matagumpay.
Salamat sa inyong magiging payo
BabadSaComputer
Jan 25, 2004, 07:59 PM
Competent naman yung kasama mu? Trustworthy din ba?
IMHO, risky yung sitwasyon mu kasi ikaw mag-be-bear ng risk of loss of investments. Yung kasosyo mu, walang mawawala sa kanya. Kung profitable yung business niyo, good for both of you. Pero kung nalugi, ikaw lang ang kawawa dahil la naman siyang puhunan sa bisnes. In relation sa di niya pag-contribute ng capital, malaking risk din yun na di niya masyadong aalagaan yung bisnes kasi, gaya ng nasabi ko, wala namang mawawala sa kanya. Pagod lang.
Payo ko lang naman ito, ikaw pa rin naman ang mag-dedesisyon. HTH :)
omeng
Jan 25, 2004, 09:16 PM
he he.. pareng max.. tudo marketing sa smart ha.. :)
joben: depende kasi kung anung klaseng negosyo. tell us what kind pls. thanks
Krakista
Jan 25, 2004, 09:59 PM
Bumaba na hanggang 2 piso ang pasaload. Talagang tingi to the max!!! Bababa pa kaya sa piso ang Globe? :D
joben: May tawag diyan sa ka-sosyong ganyan--industrial o technical partner. Ang tanong diyan sa 50-50 na yan, magkano yung teknolohiya na yan kung bibilhin mo sa kanya? Magkano naman kung bawa't buwan ang bayad sa paggamit ng teknolohiya niya? Kunwari empleyado mo siya, magkano ang isusuweldo mo sa kanya?
joben
Jan 25, 2004, 10:36 PM
Salamat po sa inyong pansin at payo sa aking katanungan.
Ang aking magiging kasosyo ay mapagkakatiwalaan naman base sa aking pagkakakilala sa kanya. Ang negosyo na aming pinag uusapan ay isang Art Studio kung saan kami ay tatangap ng mga gustong mag aral ng pag pinta. Ang malaking bahagi ng aming magiging customer ay mga estudyante, lalo na ngayong bakasyon na darating. Sa madalit sabi, ang aking kasosyo ay isang mahusay sa Art at sa pagtuturo nito sa mga bata pati na sa matanda. Taon-taon ay ginagawa na niya ito at nitong taon nais na niyang gawin pormal, ibig sabihin ay magkaroon ng studio upang mas maraming matanggap na estudyante. Kadalasan ay marami siyang tinatanggihan lalo na kung masyado nang marami. Ang malaking bahagi nang pamumuhunan ay mapupunta sa pagtayo ng Art Studio (signage, renovations, rental, tables/chairs/easels). At base na rin sa ganitong sitwasyon, kung sakaling umasim ang relasyon sa ano mang kadahilanan, wala masyadong "asset" na maaring iliquidate dahil malaking bahagi ay napunta sa signage, renovations. Isa pa, malaking bahagi ng negosyo ay ang kaalaman ng aking kasosyo. Kung naman kukuha ako ng ibang tao, maaring hindi kasing epektibo. Malaking bagay pa naman sa negosyo na ito ay ang tiwala at kumpyansa ng customer sa magiging kanilang Art teacher.
Kay pareng krakista, paano ko bibigyan ng halaga ang ganitong kaalaman para malaman kung ang 50-50 ay patas lamang.
Ano ang maari kong gawin para mabawasan ang 'financial risk' sa aking bahagi...maliban sa mag-aral ng pag pinta
:p
Salamat pareng Omeng at BabadSaComputer
SILENTMAX
Jan 25, 2004, 11:21 PM
Joben:
joben im in a situation like yours
im an industrial partner in a cofee/internet shop i own aproxiamately 40 percent of the business. the conditions are i put in my technical knowhow on running the computer side i also get 7 percent of the gross sales per month on computers rental sales only.
well basicaly all i do is do the technical side of the work and a little bit of the managing and my partners just count the money. heheheheh
put everthing in paper and if posible get an attorny for formality but a written agreement is enough. just be sure to outline all the responsibilities of each party.
to tell you the truth its a win win situation for both sides if things goes well. all you'll do is count money and oversee the operations. true there is the financial risk of your money. but if you do not know anything about the business its better not to enter it at all.
gokongwei once said that if youre not an expert in the field of business your entering hire someone who can run it or in your case partner in to that business.
just be sure to get "EVERYTHING" in writting though. get all the legal hassles out.
Disclaimer:
to all the other people who just read this. please im not smart i do not know a lot of things. just a little on the business side. dont take me so seriuosly for all you know i could be a nut laughing madly while writing this.
omeng
Jan 26, 2004, 02:00 AM
ha ha.. me pa disclaimer pah.. tara.. pasa load mo na lang ako.
joben: so basically..ifi-finace mo sya. parang ganito.. pauutangin mo sya tapos pag kumita ang negosyo.. hati kayo sa tubo.. pero pag di kumita.. halos solo mo ang talo("halos" kasi as in kakaunti lang ang magiging dagdag na trabaho niya-kasi ginagawa niya na dati.. at wala na syang idadagdag na puhunan..).. hmmm..
pero base sa kweto mo.. parang walang talo.. kaya lang may sinasabi kang "asim"... siguro ganito muna.. tignan mo muna ang return of investment based on financial feasibility.. kung 3 o 6 months lang yan.. that's great.. pero kung 1 or morethan.. mag propose ka muna sa kanya.. why noy 60(sa iyo)/40(sa kanya).. then kung after 6 months nabawi mo na ang capital mo.. then 50/50 na kayo.
naisip ko lang naman. =) ikaw parin ang magdedesisyon amigo.
ei guys.. wala bang tataas pa ng kamay para sa entrepz night? :)
muzix_trip
Jan 26, 2004, 11:39 AM
TO: omeng
romy in real life
"muzix_trip.. lam ko walang fee.. libre pa dinner. "
Thanks a lot.. So I have to buy that magazine muna para makapasok?? how much ba yun Magazine??:confused:
Thanks talaga!! :)
joben
Jan 26, 2004, 04:05 PM
Maraming salamat silent max at Omeng sa inyong mga insights. (ano ba sa tagalog ang insights :p )
Ang isang mabuting bagay dito ay mismo ang magiging kasosyo ko ang gustong nakasulat lahat at naiintindihan niya ang halaga ng ganitong hakbang.
Di bale, ako'y mag-uulat na lamang sa kalalabasan nitong aming negosyo kung matuloy man.
Sa kasalukuyan, ang aking iniisip ay ganito: Kung talagang seryoso siya dito, hihingan ko pa rin siya ng kanyang partisipasyon kahit na hanggang 20% lamang para mayroon din siyang "equity". Then ok na rin ang 50/50 sharing sa kita.
Sa wikang Ingles 'To disabuse my mind of the thought that it is only too easy to give up on the venture when there is nothing at stake for the person other than lost opportunity'
***
Omeng at Silent Max, kita-kita na lang tayo sa Entrep night.
omeng
Jan 26, 2004, 10:56 PM
joben: ang "insights" ay.. mga panloob na pagtingin.. bwehehe.. gudluck parekoy.. see you 2moro.. here's my cell.. 09172449308
muzic_trip: indeh mo kailangang bumili.. option mo yun.. pero sinz maganda naman ang nilalamang loob ng magazine.. eh bili ka na rin.. at dami kang mapupulot na tips dun. 100 box each. tsak once issue a month lang yan.. para lang yan.. isang baso ng kafe sa starbucks :)
kita-litz sa cafe lupe.. :)
Krakista
Jan 27, 2004, 03:29 PM
joben: Sundin mo na lang yung payo ni SILENTMAX. Mahirap i-quantify kung ilang poryento ang hati sa kumpanya. Mas madali na yung performance-based.
omeng, next time na lang yung pics ng kras mo!!! :D
Enjoy na lang kayo mamaya sa Cafe Lupe! Siguro after elections na ako makapag-organize uli ng PEx EB.
BabadSaComputer
Jan 27, 2004, 09:25 PM
Question: Yung Entrep mag once in every two months na lang ba yung issue??? Kasi yung Jan. 2003 issue nakasulat sa cover "January to February 2003". Thanks guys!!! :D
omeng
Jan 28, 2004, 12:09 AM
eii babad.. pag jan and feb lang yan(isang issue lang-like jan/feb 2004 din).. then the rest is every month na cia.. di ko nga alam kung bakit.. :)
pareng krakista.. cige.. tsalap yan.. ha ha.. wait ko. toink.
pareng joben.. nice meeting you.. next time tayu-tayu ang mag eb para concentrated..
ayus ang entrepz night.. sulit.. pareng max.. ang sarap nung chicks.. este yung fundador pala.. =)
till next time.
gumacanian
Jan 28, 2004, 01:25 AM
I need your opinions on this one…
I've been thinking of leasing a part of a building located in Espana.
I've thought of turning it into a boarding house/dormitory/rooms for rent, since Espana is an accessible place, not to mention it is infront of UST(for students who are boarders), and very near the vicinity of U-Belt, a ride away from Quiapo, E.Rodriguez etc., but somehow I'm a little bit uncertain because I'll be investing a huge amount of money for the advance payments, the repairs, renovation of the place since the building is kinda old, but of cement walls and floors naman, so repainting and general cleaning will do.
The entire area would approximately be a little less than 350 sq.meters, consisting of 8 individual rooms. Monthly rental of the place will be only P20,000. I'm thinking of charging residential room rates at P5000/month… I expect to generate an income through room rentals/boarding/and turning some rooms into a dormitory since the place is really big, not only limited to residential rentals because the place is somewhat commercial-- dental clinics, small private offices are also possible.
The only negative things I can think of right now
---F L O O D & T R A F F I C…
So Bea...How did you get on with the project?
Quentin
Jan 28, 2004, 04:56 PM
hi guys. aspiring enterpreneur here for his first business pero hindi na YOUNG :glee:
linchak, nahihilo na ko after starting from page 1 up to page 11. research period pa lang ako.
great going everyone
missywitchy
Jan 28, 2004, 06:01 PM
I read somewhere (dito ata sa PEX) about Barangay Microbusiness Enterprise (BMBE). Can anybody give more infos about this. Benefits, how and where can we register etc.
thanks :-)
BabadSaComputer
Jan 29, 2004, 08:56 AM
Guys! Kung may nakita akong cheap business and willing to sell naman yung owner, anung mga kelangan kong malaman? Any guides? Gusto ko lang maging sure eh na plantsado lahat, lalo na yung papers. Please help nga pala dun sa mga paper work. Anu ba kadalasan ang dapat gawin ko or pati nung seller tungkol sa mga papers para maging legal and binding yung sale. Baka kasi balikan ako nun eh. Maraming salamat po! :)
joben
Jan 29, 2004, 06:21 PM
Makalipas ang mahabang panahon, nakapag-'Entrepreneur Night' na ako :cheers:
Pareng Max at Romy...nice meeting you. Sa uulitin, dapat may Fundador uli at marami-raming chicks hehe.
Isang bagay na aking nakuha sa gabing iyon ay maaari ko palang ilapit ang aking naiisip na negosyo sa Barangay MicroBusiness para sa bahagi ng capital at maaari ngayon na dalawa kami ng partner ko ang kukuha ng loan.
At kahit na ang hanggarin ko ay makinig lamang sa mga piling tagapagsalita nung gabing iyon, nagkaroon pa akong pagkakataon na makapag 'network'.
Krakista
Feb 4, 2004, 12:53 AM
*BUMP*
The next PEx Entrep Nite will have to wait. Developer Nights muna with my fellow software developers prolly next quarter. We'll resume discussions on a livelihood CD for budding software indies. :)
SiOMs
Feb 5, 2004, 01:04 PM
Originally posted by missywitchy
I read somewhere (dito ata sa PEX) about Barangay Microbusiness Enterprise (BMBE). Can anybody give more infos about this. Benefits, how and where can we register etc.
thanks :-)
inquirer had an article about this a few months back. try searching inquirer's website if they have an archive. (im not sure if they have one though) pero ill try and look in our files at home if we saved that particular article tapos ill post the relevant info :)
Markus
Feb 5, 2004, 09:25 PM
Try mo DTI website, meron nyan dun. www.dti.gov.ph
Krakista
Feb 5, 2004, 10:15 PM
Markus, *okay*
missywitchy
Feb 6, 2004, 10:36 PM
thanks for the reply.... na-search ko na DTi site. Pero ang problem ko when I renewed my business license last January nung mag inquire ako about BMBE ang tinignan lang ako nung babae sa Mayor's office. Ang pagkakaintindi ko kasi you can find information desk about them sa bawat munisipyo ng bawat Municipality. So right now kahit interested ako to register with them hindi ko alam kung saan ako magpaparegister at kung anong procedure ang kailangan kong sundin.
zimdude
Feb 6, 2004, 10:46 PM
I'm trying Google Ads on my website for extra income. Here's a guy who's earning more than $500/month -
http://www.tbray.org/ongoing/When/200x/2004/01/31/OneMonthOfAdsense
Here's my page. Please click on the ads! :D
http://migs.paraz.com
mertzvox
Feb 10, 2004, 09:44 AM
mga bro. and sis i need help....
i have small computer shop in our house.. nakadikit lang sya.tindahan namin dati... ngayon residential lang area namin.. i have barangay certificate, DTI, meron ako form ng application for mayors permit .. pero alangan ako mag apply dahil mukhang malaki bayad magkano ba gagastusin mo?
at ok lang ba barangay clearance lang at dti ... kasi residential area lang naman ako hindi pang commercial at maliit lang shop ko ...ok lang ba yun?
rins
Feb 10, 2004, 01:04 PM
If I were you, I suggest you get a mayor's permit. The payment depends on the number of PC that you will declare. Better get the permit instead of "mahuli" ka. Malaki ang penalty sa ganyan eh. I'm sure naman na mababawi mo yung ibabayad mo sa kanila.
:redsmile:
P.S. Yung sakin, declared "2nd hand computers" ;)
SILENTMAX
Feb 12, 2004, 10:44 PM
Originally posted by mertzvox
mga bro. and sis i need help....
i have small computer shop in our house.. nakadikit lang sya.tindahan namin dati... ngayon residential lang area namin.. i have barangay certificate, DTI, meron ako form ng application for mayors permit .. pero alangan ako mag apply dahil mukhang malaki bayad magkano ba gagastusin mo?
at ok lang ba barangay clearance lang at dti ... kasi residential area lang naman ako hindi pang commercial at maliit lang shop ko ...ok lang ba yun?
this is silentmax's " evil" twin this is actually not him ok.....
declaration of your computers can vary, u can say that they are on loan or na "utang" and thus not part of your total capital kasi bina bayaran pa
there are a lot of loopholes just befriend your local goverment worker in the business permits buero dont forget the fruitcakes in christmas and the chocolates in valentines...actually any day can ba a good reason to shower your local goverment worker with gifts of love.
declaration of less than 50k in capital will yeild 6-8k pesos in mayors permit fees
believe me you will get cought if you dont have a mayors permit it is "inevitable" kahit san sulok ka pa nang pilipinas
DeGaulleMaster
Feb 14, 2004, 08:00 PM
Posters in this thread:
Anyone who's interested in Poultry contract growing business with an ROI of 50% and has a starting capital of P 600,000: email me dino_mate@hotmail.com
DeGaulleMaster
Feb 14, 2004, 08:02 PM
Posters in this thread:
Anyone who's interested in Poultry contract growing business with an ROI of 50% and has a starting capital of P 600,000: email me dino_mate@hotmail.com
DeGaulleMaster
Feb 14, 2004, 08:03 PM
Posters in this thread:
If anybody is interested in Poultry contract growing with an ROI of 50% and has a capital of P 600,000 email me at dino_mate@hotmail.com for details
DeGaulleMaster
Feb 14, 2004, 08:32 PM
I think this is a nice thread too. To all:
If you can raise P600,000 I can help you with poultry contract growing. email me dino_mate@hotmail.com
omeng
Feb 15, 2004, 11:08 AM
so krakista.. kailan ang biz EB natin ulit? :)
just_wink
Feb 15, 2004, 11:27 PM
hi pips! in pa ba bead watches ngayon? im thinking kasi na i-business yon... thanks!
zimdude
Feb 16, 2004, 12:30 PM
Another legit program for earning money while you're online. I've been on it for a few months.
http://peer.gomez.com/peernetwork/jsp/index.jsp
SILENTMAX
Feb 18, 2004, 10:57 PM
3 nabbed for robbing computer shop in QC
The Philippine Star 02/10/2004
Three suspected members of the Bolt Cutter Gang were arrested by operatives of the Central Police District-Mobile Patrol Unit over the weekend in Quezon City for robbing a computer gaming shop in Cubao.
Police identified the suspects as Armando Carillo, 28, of Navotas; and Ricardo Romera, 29, and Albert Flores, 27. They were arrested when their jeepney beat a red light around 4:45 a.m. last Sunday at the corner of Araneta Avenue and Quezon Avenue.
District Police Intelligence Unit (DPIU) head Chief Inspector Rodolfo Jaraza said the three suspects were with two other men. Carillo was driving the jeepney.
As a police officer examined Carillo’s driver’s license, two of his passengers jumped off the vehicle and fled.
Inside the vehicle, police found 17 computer monitors and 16 CPUs.
The suspects could not produce any documents or receipts for the items they were transporting.
A search on the vehicle resulted to the recovery of a crowbar and two padlocks that had been destroyed by a bolt cutter.
The three admitted their role in robbing the Saybros Inc. computer gaming shop on P. Tuazon in Cubao early Sunday. They pointed to a certain Bong as the one who planned the heist.
Store owners Lionel and Mary Jane Say later turned up at police headquarters and identified the recovered items as those taken from their shop.
Jaraza said that a follow-up investigation and operation is being conducted to arrest other members of the group, which has victimized several computer shops and internet cafés in the city. – Katherine Adraneda, Non Alquitran
hay salamat may nahilu narin
ive known a lot of people that have had their shop burglarize..... its part of the risks of being an entreprenuer rin
anybody used adt here?
GOwin
Feb 19, 2004, 11:14 AM
anyone here in the laundry business? care to share your experience?
sorry if this has ben posted before. the search function would have been useful but it's disabled right now - and my eyes are already tired from read the older pages. :(
SILENTMAX
Feb 19, 2004, 03:52 PM
the right person to ask would be sir snop
he owns a couple
omeng
Feb 20, 2004, 10:58 AM
ei guys, kitakits ulit sa tuesday. :)
Dear friend of Entrepreneur Philippines,
Still looking for a way to earn some extra money?
Join Entrepreneur Philippines' 36th Networking Night entitled "69 Sidelines You Can Start Now! More Ways to Earn Extra Money" on February 24, 2004, 6pm to 9pm at San Mig Pub & Restaurant, Ortigas and learn how you can add more to your current income!
The Networking Night is a casual business get-together hosted by Entrepreneur Philippines Magazine and is open to both existing and aspiring entrepreneurs. Listen to informative talks while you get the chance to win special prizes and meet potential business partners. We have invited webhost Lumeng Lim, med student and part-time glitter tattoo artist Ian Hizon, and Philippine Marketing Association director Ricky de Vera to share their thoughts and experiences in taking that extra job.
Attendance is free of charge and food and drinks are on us but since many would like to attend and we can only accommodate up to 150 guests, please let us know of your intention to be there.
Should you wish to confirm your attendance, please send an email with subject: Networking Night to michelle.villaflor@summitmedia.com.ph or call us at 637-1976.
Thank you and hope to see you there!
Michelle Villaflor
Marketing Assistant
SILENTMAX
Feb 20, 2004, 01:25 PM
ang bilis ni omeng
i cut and paste ko rin sana yan!!!
wehehehehe
wandawoman
Feb 20, 2004, 01:52 PM
Originally posted by zimdude
Another legit program for earning money while you're online. I've been on it for a few months.
http://peer.gomez.com/peernetwork/jsp/index.jsp
question *** po totoo ba ito?
hi,
was wondering kung merong info on franchise or being a reseller ng cdr-king.. medyo haba yung thread.. di ko mabasa lahat.. hope you don't mind me asking. salamat!
*
zimdude
Feb 21, 2004, 02:51 PM
Why franchise CD-R King? You can easily buy CD-R media in bulk then resell.
zimdude, would you know where else to get CD-R media in bulk? CDR king is the cheapest I know of (so far). m looking for a simple business i can do in the province. m not yet an 'entrepreneur' but i've saved a bit and am willing to venture a little. i just thought franchising CDR king would get me better prices on cds to resell. or am i wrong?
zimdude
Feb 23, 2004, 04:36 PM
I think you'd want to franchise CDR King if you wanted their brand name. Supplies of CD-R aren't unique to them. Find out where they and other CD-R "tingi" vendors get their stuff.
i see your point. thanks z-dude! :)
SILENTMAX
Feb 23, 2004, 11:16 PM
john gokongwei recently made a speech in his school in cebu san carlos university
does anybody have an online copy of it? i cant seem to find it anywhere
could someone pls post this?
snop
Feb 24, 2004, 09:05 AM
Originally posted by SILENTMAX
john gokongwei recently made a speech in his school in cebu san carlos university
does anybody have an online copy of it? i cant seem to find it anywhere
could someone pls post this?
He did one in Ateneo. Dunno if it was the same speech. But yes, I read his speech published in Manila Bulletin or Inquirer.
Try this link:
http://www.viloria.com/secondthoughts/archives/00000082.html
or this:
http://www.philippinestoday.net/April2002/inspirations402.htm
btw, how's the coffee biz?
:)
kobe0320
Feb 24, 2004, 04:54 PM
hi everybody! im trying to start my own biz and i need help!!! im making homemade tocino and longaniza...no more prob wid the taste but the prob is i need suppliers. ang mahal2 kse ng meat ngayon. s anyone there who knows where i can buy imported meat? mas mura daw kse yon...tnx!
SILENTMAX
Feb 24, 2004, 08:04 PM
Originally posted by snop
He did one in Ateneo. Dunno if it was the same speech. But yes, I read his speech published in Manila Bulletin or Inquirer.
Try this link:
http://www.viloria.com/secondthoughts/archives/00000082.html
or this:
http://www.philippinestoday.net/April2002/inspirations402.htm
btw, how's the coffee biz?
:)
sir snop
welcome back
r u back in the philiphines?
the cofee business is nowhwere near where i planed it to be.... but hey at least im selling some coffee
"Cafe Nueno serving cavites finest home grown cofee beens"
these are the times when i wished i just picked up a franchised system ahhhh oh well..
the speech above is not the same, its a recent speech he made in cebu yes it was in the manila buletin. it s good speech with a greet message about one of "entreprenuers" purpose witch is job creation. heheheh makes me warm all inside knowing that no matter how small i am im also providing jobs for other people.
SILENTMAX
Feb 24, 2004, 08:08 PM
Doing a Manny Pacquiao on the economy
By Wilson Lee Flores
The Philippine STAR 02/02/2004
CEBU CITY – How and when can the Philippine economy become as aggressive and as victorious as the world featherweight boxing champion Manny Pacquiao, the formerly poor tailor and construction worker born in General Santos City, Mindanao? The day the value of the Philippine peso plunged to another historic low due to worries about military coups, the government budget deficit and political uncertainties, the 77-year-old founder of the country’s most diversified industrial conglomerate delivered a rare public speech in the country’s second biggest city, boldly calling for five major reforms to strengthen our weak, heavily-indebted and uncompetitive Philippine economy.
On that day, Cebu’s prestigious 409-year-old San Carlos University (USC) led by President Fr. Roderick C. Salazar Jr., SVD, and Chairman Engr. Jesus N. Alcordo conferred to John Gokongwei Jr. the honorary degree of Doctor of Science in Business and Enterprise Development at the Rigney Hall Engineering Building, Talamban Campus of USC. It was a touching moment for his family, friends, former teachers and old classmates.
In his speech, Gokongwei used the inspiring example of the small but feisty Pacquiao to challenge the presidential candidates to undertake steps to make the country gain global competitiveness.
Dream big, work hard and pursue it – that’s the philosophy of John Gokongwei Jr. In his 20-minute speech, Gokongwei cited the need for five major reforms to make the Philippine economy truly globally competitive: better access to short-term and long-term capital for entrepreneurs, better labor management, cheaper electric power, better agricultural productivity management, and better foreign exchange management. He lamented the tragedy of a declining Philippine economy if no real reforms are pushed, warning: "If we do not change… We will be a country that creates nothing and imports everything."
A business leader who refuses to be embroiled in the country’s bitter and dirty political wars, Gokongwei nevertheless reminded the leaders of the republic: "I have refrained from speaking about graft and corruption, peace and order, population management, and poor infrastructures. That these must be solved is obvious."
Gokongwei expressed hopes that bold and far-reaching reforms can strengthen the Philippine economy to become a strong fighter and world-class winner, just like Manny Pacquiao. He urges the country’s future leader to consider the following:
Provide access to capital, both short-term and long-term. Gokongwei said that Filipino entrepreneurs borrow money at seven to eight percent interest, while Thai entrepreneurs can borrow at rates as low as 2.3 percent for short-term loans and five percent for long-term loans. He recommends that Philippine firms issue bonds in small denominations like P5,000 with at least five years maturity – thus allowing financing for industrial/commercial/tourism ventures, and allowing average Filipinos to partake in the economic fruits of such investments. He suggested that these bonds be traded like equity, so investors are assured of liquidity.
Provide better labor management. Gokongwei laments how local entrepreneurs suffer from difficulty in forecasting labor costs, especially when labor comes into conflicts with management and disrupts business plans. He suggested that Congress pass a new law that will be good for both labor and management, giving extra one to six months’ worth of separation pay on top of the present legislated separation pay, but allowing entrepreneurs to let go of people without any questions asked. He said this proposal will increase separation pay benefits for labor and will encourage entrepreneurs to generate more employment in the long run.
Provide cheaper power. Gokongwei said his Thailand factories pay only P3.5 per kilowatt hour for electric power, but his Philippine factories pay P7 per kilowatt hour. He suggested that entrepreneurs be allowed to build power plants for their own needs and with excess electric power to be sold by them to other businesses within a certain boundary. Gokongwei cited his petrochemicals and textile businesses, which had built their own power plants, because high power costs had killed most of their competitors in both industries.
Provide better agricultural productivity management. Gokongwei asked why we used to export sugar and rice, but today we import both in huge quantities, while Thailand exports rice and can produce sugar at half our Philippine costs. He urges Philippine society to cut costs and make our rural farms more efficient, urging that agriculture should be made "a pillar of our economy" and a catalyst for creating more jobs.
Provide better foreign exchange management. Gokongwei said the fluctuation of the peso-US-dollar rate of the past few years "has ruined many businesses and has scared many entrepreneurs who need to borrow for projects." He pointed out that in July 1997 at the start of the last Asian crisis, the US dollar’s average rate was 29.48 Thai baht and P29.33. Today, the baht has devalued to 39 baht to the US dollar, while the Philippine peso has declined all the way down to P56 per US dollar! Gokongwei urges better foreign exchange management in order to support our entrepreneurs and to entice more investors.
If his call for the five major reforms, plus other issues, is addressed with political will, the Philippine investment climate can dramatically improve. Gokongwei predicted that with a better investment environment "we will create an entrepreneurial class that will be more than willing to take risks and therefore more prepared to take on the competition of the new world... After all, it is as simple and clear as human nature. It is important for entrepreneurs to estimate our risks and cost structures before we invest."
He added, "To the end, I believe that there can be a better future for the Philippines and the Filipino. But we must first face reality. We cannot hide from the changes brought by the WTO (World Trade Organization) and AFTA (ASEAN Free Trade Agreement), and must prepare by creating a class of Filipino entrepreneurs who will be able to compete with the best in the world. Entrepreneurs will create jobs and let me be clear in saying that no matter who the next President is, job creation must be top priority."
At the end of his speech urging five major reforms, Gokongwei concluded with cautious optimism on the country’s future: "I hope that these humble suggestions gleaned from 62 years of experiences in business give the government an idea of how the mind of an entrepreneur works, and hopefully bold and far-reaching reforms can be implemented to make the Philippine economy globally competitive, and to make the Philippine future brighter and more exciting."
zimdude
Feb 24, 2004, 08:40 PM
"He lamented the tragedy of a declining Philippine economy if no real reforms are pushed, warning: "If we do not change… We will be a country that creates nothing and imports everything." " - a word for kobe0320 :)
snop
Feb 25, 2004, 10:37 AM
Originally posted by SILENTMAX
sir snop
welcome back
r u back in the philiphines?
the cofee business is nowhwere near where i planed it to be.... but hey at least im selling some coffee
"Cafe Nueno serving cavites finest home grown cofee beens"
these are the times when i wished i just picked up a franchised system ahhhh oh well..
the speech above is not the same, its a recent speech he made in cebu yes it was in the manila buletin. it s good speech with a greet message about one of "entreprenuers" purpose witch is job creation. heheheh makes me warm all inside knowing that no matter how small i am im also providing jobs for other people.
Thanks, SILENTMAX,
We're here until May. Afterwards, wifey and I will be flying back to SF to contimue our coast-to-coast drive to the East.
Am glad to know your coffee biz is okay. Ours is so-so too but yes, in a small way, we help allay local unemployment.
Even Mr. Gogongwei started small. BTW, his speeches are always inspirational.
:)
jazzy
Feb 26, 2004, 01:12 PM
Guys, im planning to put up a TAPSIHAN. Baka may mga info kayo that can help me to begin.
Thanks!
SILENTMAX
Feb 26, 2004, 03:18 PM
jazzy:
i suggest you get a franchise of Don galo's
paranaques best tapsi
its a low cost franchise but i havent really checked it out yet business wise
ive went to 3 don galos and the taste is uniform theres really a system to it
btw its also the best tapsi ive tasted.
jazzy
Feb 27, 2004, 10:39 AM
When you say "Don galo's" are you refering to a certain tapsihan(company)? Don galo is the place and there are several tapsihan there.
Thanks!
omeng
Feb 27, 2004, 12:26 PM
har har.. kakagutom ang topic. :)
masarap daw ang tapa ng kabayo pareng max. tutuo ba? :)
f1williams
Feb 27, 2004, 12:46 PM
hi! this is my first time to post on this thread. i'm looking forward to hearing your advice. =)
i have a friend who friend who owns a farm in ilocos. it's harvest season for garlic and onion and we're trying to find a market for his products. the problem is that consumers prefer the cheaper imported taiwan versions despite the fact that native onions and garlic are more flagrant and tasty.
we've explored selling to wet markets, but buying prices are incredibly low because of harvest season and pressure from the imports. because of this, we're thinking of alternative markets, namely:
1. shipping the vegetables to the visayas, where prices aren't as depressed as here. does anyone know where we can sell them?
2. exporting the vegetables. which countries and how difficult would it be?
3. keeping the vegetables in cold storage until after harvest season is over. how do we minimize risk of spoilage?
4. processing them into powder/industrial ingredients for food companies. but then, we don't have the technical knowhow for this.
i do hope that you can help us out. we're looking for a sustained solution to the problem of selling the vegetables not just for ourselves, but largely also to help the other farmers in the town. as of now, viajeros are the only market which they have. the former, knowing this, are squeezing the farmers for every peso.
maris_blaise
Mar 1, 2004, 09:01 PM
wow, lot's of entrepreneurs here. :) took me a while to finish reading the whole thread. i'm planning to start a business too. i'm looking forward to exchanging ideas and advice.
diwata28
Mar 2, 2004, 02:56 PM
meron ba dito na familiar sa travel & tourism business?
bluecharm
Mar 2, 2004, 06:30 PM
hi guys! this is my very first post... lots of entrepreneurs here... im hoping to set up my own business too.. its great that we can exchange views and ideas here... :)
fossil7
Mar 3, 2004, 05:16 AM
Originally posted by diwata28
meron ba dito na familiar sa travel & tourism business?
ang TLRC may seminar/training for travel & tourism agency. mukhang magandang business din to. lalo na at maraming mga chinese, korean, japanese tourist ang nagfrequent dito.
omeng
Mar 3, 2004, 08:28 AM
f1williams, ganun talaga dahil yan sa globalisasyon. :)
wala akong masyadong alam sa ganyang biz. tanong ka kaya ke ka geronimo? :)
omeng
Mar 3, 2004, 08:33 AM
welcome aboard bluecharm!
why hoping when you can do it na? he he
what kind of business are you thinking ba? :)
omeng
Mar 3, 2004, 08:36 AM
guys, familiar ba kayo sa horse shampoo? yung brand is "Mane and Tail Shampoo". maganda kayang nigosyo ito pag kinompitensya :)
maris_blaise
Mar 3, 2004, 03:20 PM
i tried "mane and tail shampoo and conditioner" already. ok naman sya, mabango and it didn't made my hair fall out. :lol: panong kompitensya, are you going to introduce another brand with the same concept?
anyone here familliar with the publishing business? i'm starting out palang so i could use a lot of advice. thanks!
SILENTMAX
Mar 3, 2004, 11:03 PM
Originally posted by diwata28
meron ba dito na familiar sa travel & tourism business?
if you attend the cash flow games at hot cafe during mondays near us embasy you can talk to ron dizon there he handles a family run business which is a travel agency
lost his number. its somewhere around here....
pm me if ur really interested
SILENTMAX
Mar 3, 2004, 11:12 PM
Originally posted by omeng
guys, familiar ba kayo sa horse shampoo? yung brand is "Mane and Tail Shampoo". maganda kayang nigosyo ito pag kinompitensya :)
my friend uses this she claims it makes her hair full
mikey cuajuanco uses this daw
what made this popular is becouse of jennifer aniston
she claims to use this and thats why her hair is that way.
another friend sells this she gets it wholesale. if you want i could give you her number sad thing is she's in cebu heheheheh
omeng
Mar 4, 2004, 12:48 AM
yes, another brand made in US of A too. mas cheaper. mas lalago ang buhok at bubuka at sasara ang bulaklak.. ha ha
but i'm siryus po. thanks
pareng max, gusto mong partneran ng coffee mo ang donuts ko sa teritoryo ko? la kaming pantulak eh. :)
Krakista
Mar 5, 2004, 12:08 AM
Check this out! --> Business Name Registration System (http://www.bnrs.dti.gov.ph/bnrspub/index.jsp)
ichi
Mar 5, 2004, 08:39 AM
omeng... how serious are you in importing such? I can contact the distributor directly to get it for a cheaper price but just to remind you, the person that handles distribution for the Philippines is located in the U.S.
Arrangements can be made for you but upon further negotiations... that is if you are really willing to import the products. =)
ichi
Mar 5, 2004, 08:44 AM
omeng... how serious are you in importing such? I can contact the distributor directly to get it for a cheaper price but just to remind you, the person that handles distribution for the Philippines is located in the U.S.
Arrangements can be made for you but upon further negotiations... that is if you are really willing to import the products. =)
maris_blaise
Mar 5, 2004, 02:18 PM
Originally posted by Krakista
Check this out! --> Business Name Registration System (http://www.bnrs.dti.gov.ph/bnrspub/index.jsp)
hey, this is really useful! thanks! :)
omeng
Mar 5, 2004, 05:13 PM
we are dead serious. :)
Thanks for the offer ichi, but we have a partner in US who is into import/export biz for 15yrs already. :)
thanks again.
sh888
Mar 6, 2004, 03:54 AM
magkano ba ang benta niyo ng mane and tail na shampoos? got mine for 700, yung malaking bottle 1 liter ata
omeng
Mar 6, 2004, 11:14 AM
most retail is P750.00 for mane n tail brand shampoo
thats 32oz if i am not mistaken. (1oz = 30ml yata)
i have a friend that offer me a P400 each (wholesale), but that i duno know if it is original. many immitation are now in the market, and they say, they cannot tell the difference.
we are in communication right now for the other brand (much cheaper and they have 16oz. we are not into selling yet. :)
maris_blaise
Mar 9, 2004, 07:27 PM
how come i bought my mane and tail dati for only 500? same size sya. i must've bought an immitation lang. kaya siguro di ganun ka effective sakin yung shampoo. i mean it worked like any other shampoo. kasi yung comments ng iba sobrang gumanda hair nila eh.
Krakista
Mar 9, 2004, 09:12 PM
Gumanda kaya buhok ni omeng?
Today, this thread just became the most viewed in this TWF Forum.
Cheers!!! :cheers:
omeng
Mar 10, 2004, 12:29 AM
he he
si rey valera daw yan ang gamit at ni ogie.
cheers! :)
SILENTMAX
Mar 10, 2004, 09:44 PM
phew sorry been out for a while
rami ginagawa
finaly secured my financing for my 4th shop branch number 3
dealth with the bir.... why is it so hard for me to give them money......(entrep mag should do an article for this(paying your taxes) hint hint...)
and had a minor dilema with my management. small bickering stuff and jealusness. i now have 2 supervisors 1 in training supervisor and 1 area manager. still need to find more staff. sigh...
sorry to bore you with my business life. just venting out lang. sakit na nang ulo ko.
to everbody who's reading this pls pls pls
attend naman kayu nang entrepreneur networking night
held every last tuesday of the month ill post here the details.
gawin na natin eto ang pinaka eb natin
after the networking night we can then chat and talk about business or starting out in business.
omeng toll sensya na di kita ma pm
txt me nalang toll lam mo naman number ko repply lang kita ka agad
omeng
Mar 11, 2004, 01:59 AM
no problem pareng max!
pwede ba akong mag apply? i need a job very badly.. ha ha
namputek! la na tayung time sa chicks nyan pag ganyan.
buti pa si pareng krakista.. pa sound trip soundtrip na lang.
bakit nga ganun dito sa pex? bihira na attend sa entrepz night. it's free.. dinner.. the inputs.. new biz partner..
attend kayo. last tuesday this month is on 30 march. 6pm :)
omeng
Mar 11, 2004, 02:05 AM
ei joben! my friend found a good location for your biz. the studio thing.. duno if you're still interested. paramdam ka lang. thanks
Krakista
Mar 12, 2004, 11:06 AM
omeng, anong klaseng soundtrip? Hanggang MP3 lang ako sa laptop ko. Pag marami na pera mo, di problema yung chicks na yan. Pati yan hanggang JPG lang muna ako sa kasalukuyan. :D
omeng
Mar 13, 2004, 12:48 AM
ha ha
guys, baka pwede kayo dito. pls support. thanks
hello kuya danny.
NETREPinoys.com - Convergence of Online Entrepenoys Worldwide!
http://netrepinoys.com/board
jazzy
Mar 13, 2004, 11:02 AM
Originally posted by omeng
attend kayo. last tuesday this month is on 30 march. 6pm :)
pwede ba ko pumunta dyan? ano ba requirement?
zimdude
Mar 13, 2004, 11:49 AM
I just heard that Entrepreneur magazine sells 25,000 copies a month.
SILENTMAX
Mar 13, 2004, 03:14 PM
ei zimdude musta. drop by more often its not everyday we get views from an indie techno entrepreneur :)
btw google founders are billionaires phew..... should have applied five years ago. sabi ko tatapusin ko muna college ko bago apply ako sa kanila. hay iba talaga tadhana.....
ei
25,000 copies is that good?
ummm ilan ba benta nang fhm heheheheheheheh
omeng
Mar 13, 2004, 10:15 PM
summit media din ang may-ari ng fhm eh.. :)
zimdude
Mar 13, 2004, 11:51 PM
the Google founders are major Computer Science geeks. join now, during the pre-IPO phase :)
SILENTMAX
Mar 16, 2004, 08:11 PM
:)
quit playing ragnarok sigh.... having withdrawals pero at least more time reading and thinking up new business ideas........im back
just bumping the thread hehehehehe
omeng
Mar 17, 2004, 02:06 AM
pareng krakista, are you still selling accounting software?
i have one client.. kahit pa jolibee na lang c meeh.. he he
SteadyBoy2k
Mar 17, 2004, 02:48 AM
Man this thread has been going on forever. Good. =) I'm still in college and still investing in stocks. Trying to build capital to buy a franchise. Mahirap rin dito sa america kasi ang raming kailangan and ang lakas nang competition. I figured the way (limited resources) i could go about this dream of mine is to buy a home based francise. I'm thinking of home inspections.
omeng
Mar 17, 2004, 08:58 AM
EB na!!! :)
Dear friend of Entrepreneur Philippines,
Want to be young and rich at the same time?
Join Entrepreneur Philippines' 37th Networking Night entitled "Inspiring Stories From 18 Young and Rich Entrepreneurs" on March 23, 2004, 6 PM to 9 PM at San Mig Pub & Restaurant, Ortigas and learn what it takes to be successful in business long before reaching your 40th birthday.
The Networking Night is a casual business get-together hosted by Entrepreneur Philippines Magazine and is open to both existing and aspiring entrepreneurs. This month, we have invited Entertainment Gateway president Melissa Limcaoco, KSJ International vice president Kitty Jacinto, and Widtech Communications president Mark Panlilio to share their inspiring stories on the challenges and advantages of getting into business while you're still young.
Attendance is free of charge and food and drinks are on us but since many would like to attend and we can only accommodate up to 150 guests, please let us know of your intention to be there. We accept confirmations only until the day before the event.
Should you wish to confirm your attendance, please send an email with subject: Networking Night to michelle.villaflor@summitmedia.com.ph or call us at 637-1976 and you will get a corresponding reply.
Thank you and hope to see you there!
Michelle Villaflor
Marketing Assistant
Krakista
Mar 18, 2004, 06:50 PM
omeng, of course, still selling them. And it keeps getting better each day. With the 32% royalty tax imposed on foreign software, di na afford ng Pinoy ang MYOB, Quickbooks, Peachtree, etc. Pasyalan kita one of these days sa shop mo. :)
zimdude
Mar 18, 2004, 10:06 PM
what do they do in Network Nights?
San Mig is very near our office.
omeng
Mar 18, 2004, 10:11 PM
congratz men.. i will update you regarding that accounting software.
boss, pls take note.. la na kami dun sa ayala... la na pang upa.. he he
we are now into donut biz.. and wawaweeeeee
will you come on tuesday entrep night?
omeng
Mar 18, 2004, 10:14 PM
pareng krakista, same number pa rin ba ang mobile mo?
omeng
Mar 18, 2004, 10:27 PM
Originally posted by zimdude
what do they do in Network Nights?
San Mig is very near our office.
sort of..
6-7pm... Acquaintances (optional).. associate yourself to other entrepz attendees
7pm to 730pm.. dinner plus sponsor infomercial
730 to 8pm.. some parlor games including 5 entrepz to market their biz in just one minute
8pm to 9pm.. question and aswer portion to the guest speakers
:)
SILENTMAX
Mar 19, 2004, 12:19 AM
omeng forgot to mention about the free part....
i especialy love that part :D
hehehehe
omeng
Mar 19, 2004, 08:45 AM
ha ha.. uu nga no.. sana two drinks ulit
better if we go at 530pm.. ambilis mapuno sa harapan. :)
see you pareng max and let us talks some moolah.. :)
pauster007
Mar 26, 2004, 09:22 AM
This time 2 Ice Tea ang binigay nila hehehe...I've just attended the last 2 entrep networking night, both held @ San Mig. Hope to meet all of you guys soon.
omeng
Mar 27, 2004, 12:08 AM
Hey, san ka don?
si poging silenmax nandun. :) at si gwapong ako.. he he :)
Pareng max, have you seen those kids besides us? It is so nice to know that there's a group called "Young Future Entrepreneurs Society of the Philippines" founded by Mr. Ferrer. I salute you sir.
A Group of high school students. Some are valedictorians. This is really great. Hail to ENTREPenoys!
summit012
Mar 27, 2004, 08:20 AM
omeng
tell us about this Young Future Entrepreneurs Society of the Philippines. their contact info?
omeng
Mar 27, 2004, 02:38 PM
http://netrepinoys.com/board/index.php?showtopic=47&st=0&#entry132
summit012, please feel free to stopby here.
Thanks. :)
rors
Mar 28, 2004, 08:08 AM
when's the next entrep night? sayang, i don't pex regularly kasi lately. :D
omeng
Mar 28, 2004, 11:57 AM
every last tuesday of the month. :)
dac
Mar 29, 2004, 03:53 PM
hope i can join the next entrep night discussion.
saan ba ang meeting place? what time?
dac
Mar 29, 2004, 04:06 PM
share ko lang story ng friend ko.
he and a partner who can barbeque, shelled out 7,000 each. total 14,000 peso to buy a grill na pasadya ang gawa and initial goods( meat etc.)
they setup their bbq stall in a busy corner in their neighborhood, maliit lang talaga place sa sidewalk.
selling starts 5pm to 11pm from basic bbq to inihaw na isda.
3 weeks later naghati sila ng kita. they each got 5,000.
low cost talaga startup. walang tax, pakiusap lang sa barangay captain. i must admit maganda location nila which is in a high foot traffic area. maganda talaga racket nila.
that goes to show di kailangan malaking puhunan kailangan lang imagination kung saan meron opportunity.
omeng
Mar 31, 2004, 07:58 AM
register here... email invitation kasi
www.entrepreneur.com.ph
6pm to 9pm
usually.. makati and ortigas ang venue
:)
omeng
Apr 2, 2004, 05:18 PM
pareng max, it's "fiorgellato".. :)
SILENTMAX
Apr 4, 2004, 03:29 PM
what do you mean omeng?
SILENTMAX
Apr 4, 2004, 03:36 PM
something to ponder for the week:
in the san francisco gold rush there were a lot of prospectors rushing for the gold. some struck it rich but most did not. but in all of this there were some overlooked entrepreneurs who did not go for the gold but did provide the fuels for its growth.
they were the store keepers the people who sold the supplies the people who sold the SHOVELS. these were the people who did strike it rich.....
so when you see a fad or an emerging growth industry
are you going to rushing for the gold?
or are you going to sell the shovels?
summit012
Apr 4, 2004, 04:28 PM
very good point silentmax :) you can also sell them backhoe heavy equipments.
SILENTMAX
Apr 4, 2004, 05:16 PM
rotfl hehehehe nice one summit
its just something ive been thinking about kasi
there is a big rush in the call center industry so a lot of people are rushing in putting up call centers big and small.
esep esep tuloy ako how to sell my shovel
Krakista
Apr 4, 2004, 05:33 PM
Originally posted by SILENTMAX
its just something ive been thinking about kasi
there is a big rush in the call center industry so a lot of people are rushing in putting up call centers big and small.My bro has sold these call centers what most of their agents are wearing over their heads, or at least above their ears. That's why we do have a fair idea of how many seats there are in the industry. :)
SILENTMAX
Apr 4, 2004, 06:24 PM
uy pareng krakista nakita ata kita one time sa blue wave sa congee
may kasama ka atang date nun :)
i was with my family
zimdude
Apr 4, 2004, 09:20 PM
I build shovels :) Not much of a seller.
SoliduS_AlphA
Apr 5, 2004, 01:36 AM
nice thread you have here..pa-join ha!
anyway, i'm into business myself.. i'm into food business and graphic design business.. I used to run a business together with 3 partners but that partnership hurt me more than good. in short, it didn't worked out and it hurt my financial health really bad. right now, i'm back to a 9-5 job for added support. i tried to bounce back that's why i have two businesses, though pareho pang start-up. this thread is a real blessing and it really inspired me once again to aim bigshot.. this time wiser and more cautious..i hope we could learn from each other here.
fiery_ids
Apr 5, 2004, 01:50 AM
newbie here..
i'm glad there is a forum like this where people could
learn a lot about business.. i hope welcome mga bago dito..i'm sure we could learn a lot from each other..
travy
Apr 5, 2004, 01:50 PM
Originally posted by SILENTMAX
rotfl hehehehe nice one summit
its just something ive been thinking about kasi
there is a big rush in the call center industry so a lot of people are rushing in putting up call centers big and small.
esep esep tuloy ako how to sell my shovel
dlsu is now offering a 2 week course on call center rep.
boogerflicker
Apr 5, 2004, 07:33 PM
great thread! I'm trying to build up capital through stocks (and my salary) before I dip my feet into entrepreneurship. tama ba ang ginagawa ko?
Kirsten_v
Apr 5, 2004, 11:12 PM
i think this thread could be of great help!
im really interested in investing in food franchises...currently, im considering the following (but i havent decided which one yet):
Julie's Bakeshop - PhP250K (franchise fee)
Lot's A Pizza - PhP300K - 500K
Royal Carribean - PhP250K
Kanin Ni Tisay - PhP250K
Do you think these businesses are worth investing in...Please i need your advise, comments, reactions, anything...thanks a lot! by the way, i got the figures from www.filfranchisers.com...
thanks again!
diaperfanny
Apr 6, 2004, 04:09 AM
Hi guys! i am currently distributing cleaning agent for cars, glass, floor etc. These are highly effective agents that can remove those stubborn water stains from your windshield or even those pen marks on your walls! Good thing about this is that it is not harmful to the health at dirt lang ang maaalis and not the paint pero very hypoallergenic sa kamay. For interested parties, private message me here or email me at borateam03@yahoo.com.
For every referral you get 20% of the sales, say P10,000 you get 2Thou.
Message me asap
SILENTMAX
Apr 6, 2004, 10:05 AM
read the entrep mag 3 months ago i think theres a feature about lotsa pizza there rami nila praise release. its hard to see where they stand
ive also seen julies bakeshop it seams to be poping up everywhere.
imo: attend more conferences/shows on franchises and research research you could never have enough research. stalk the places you want to franchise be a customer. see if their system works. do lots of scenarios on what would happen if you were the owner.
information is ammuniton.
boogerflicker
Apr 6, 2004, 03:06 PM
binalot is 350k daw.
omeng
Apr 6, 2004, 05:17 PM
pareng max, yung coffee shop ang sinasabi ko.. ice cream din.. newei.. sabi ng kasamahan ko di daw masarap ang coffee.. oh well.. :)
welcome to all.
Kirsten_v
Apr 6, 2004, 06:50 PM
Originally posted by SILENTMAX
read the entrep mag 3 months ago i think theres a feature about lotsa pizza there rami nila praise release. its hard to see where they stand
ive also seen julies bakeshop it seams to be poping up everywhere.
imo: attend more conferences/shows on franchises and research research you could never have enough research. stalk the places you want to franchise be a customer. see if their system works. do lots of scenarios on what would happen if you were the owner.
information is ammuniton.
thanks SILENTMAX!
thanks a lot. sabi nga nila i really have to attend shows/seminars/etc about franchising and i have to interview the franchisees din daw just to have an idea how the business is doing...kaya lang im currently out of the country, so all i could do is surf the net, do a little research - but i think this isnt enough...anyway, salamat po sa advise - the website has a lot of insights din kaya lang i needed a different perspective that's why i opted to post here for any advise...yung may mga pieces of advise or comments about franchising pakipost na rin lang po - kung ok lang po :D
thanks a bunch! :)
aside from deciding what to franchise..
pay extra attention to location. sometimes, it will determine what business you can set up on the spot.
a really good location will make sure you got your money back. sometimes franchise companies will offer a spot to you so you really have to check it out.
no matter how superior your product is, once you lock in a location and it proved to be bad, no amount of adjustment will make the area profitable.
bad product but good location: you can always change your product that will suit the spot.
best way: arrange an interview with present franchisees and check it the marketability and profitability of the store from the owner itself. minus the praise release from the company.
missywitchy
Apr 7, 2004, 12:17 AM
Is there anybody here who knows how much is needed to start a money changer shop? Ipinapatanong ng friend ko.... meroon bang nag-oofer ng seminar dito at ano-ano ang requirements?
SILENTMAX
Apr 7, 2004, 12:28 AM
you need to pay banko sentral a bond im not sure i think its in the 2m-5m range
aside from the space/safe/equipments.
honestly i dont really know much about money changers can anybody post if they know something about it?
MercuryRising
Apr 7, 2004, 11:43 AM
Been lurking around this thread and nakakainspire ang mga posts dito. I've been thinking of going into corporate giveaways biz. Anybody who has any experience or ideas to share? I really need a sideline, mahirap ang buhay baka manalo si FPJ ;)
fiery_ids
Apr 8, 2004, 02:16 AM
mercury rising:
ok yan business na yan. key to success jan is uniqueness and creativity ng product mo. yan ang gusto kasi ng mga nasa ads & promo and make sure you have a lot of contacts sa mga maketing dept or purchasing ng mga companies na pospect mo para di matulog ang inventory mo. gud luck..pm me if i can be of help.
glittergoth99
Apr 8, 2004, 05:12 AM
my friend and i are planning to create an online business na may advertisers na companies. do we need to register this and everything? wala pa naman masyado pero we're done with the layout already kaya ipa publish na rin siguro within the month. anyone here who knows how this works? may chika pa bang kailangan bumuo kami ng company and iregister? help!
Kirsten_v
Apr 9, 2004, 11:58 AM
Originally posted by dac
aside from deciding what to franchise..
pay extra attention to location. sometimes, it will determine what business you can set up on the spot.
a really good location will make sure you got your money back. sometimes franchise companies will offer a spot to you so you really have to check it out.
no matter how superior your product is, once you lock in a location and it proved to be bad, no amount of adjustment will make the area profitable.
bad product but good location: you can always change your product that will suit the spot.
best way: arrange an interview with present franchisees and check it the marketability and profitability of the store from the owner itself. minus the praise release from the company.
wonderful insight dac. i agree, location is one of the crucial factors that a franchisee needs to evaluate thoroughly when getting into a franchising business. thanks a lot for the subsequent pieces of advise too! will do that...gracias! :)
Krakista
Apr 12, 2004, 03:26 AM
Yup, location is important. Nagsara lang ang 7-11 na pinakamalapit sa amin. Siyempre, they have very few daytime customers as a regular supermarket is just a stone's throw away. Add to that the mushrooming of Mini-Stops in the area.
EB on my mind on May 22. It's a gonna be a 3-in-1 (actually 4-in-1) event. Tentative location--somewhere QC. :)
SILENTMAX
Apr 12, 2004, 11:00 AM
it seams mini stop is gaining ground testament to the partnership between robinson and mitsubishi
dati nag labas ang rob nang robin mart things didnt work out they closed it down, all of it res strategized and boom mini stop.......
young entrepreneurs
its summer!!!!! whats youre summer racket?
time for some extre income :)
SILENTMAX
Apr 12, 2004, 11:00 AM
it seams mini stop is gaining ground testament to the partnership between robinson and mitsubishi
dati nag labas ang rob nang robin mart things didnt work out they closed it down, all of it res strategized and boom mini stop.......
young entrepreneurs
its summer!!!!! whats youre summer racket?
time for some extra income :)
SILENTMAX
Apr 12, 2004, 11:01 AM
it seams mini stop is gaining ground testament to the partnership between robinson and mitsubishi
dati nag labas ang rob nang robin mart things didnt work out they closed it down, all of it res strategized and boom mini stop.......
young entrepreneurs
its summer!!!!! whats youre summer racket?
time for some extra income :)
omeng
Apr 12, 2004, 07:43 PM
may 22? hmmm.. maibigay na kaya ni pareng krakista yung isang giveaway? he he
summer racket? magtinda ng uling. :)
tsaBY
Apr 12, 2004, 11:38 PM
anu MAGANDA na biz na ang capital ay P100,000.00 HMMMM!??? need help ?!
cynchyap
Apr 13, 2004, 12:12 AM
Looking for Referral Agents and Property Consultants
Hello! I am Cynch Yap of CPY Real Estate Movers. I am looking for Property Consultants and Referral Agents for this new project I am marketing, "Presidio at Brittany Bay" in Sucat.
For Referrals, I am giving 1% or a minimum of P 10,000 for every successful referral.
For Property Consultants, I am giving 3% (about P 35,000 per sale) + incentives + other promos.
For more details on Presidio, log on to:
www.realestatemovers.com/presidio.htm
Best raket for summer! No big franchise fees to consider! No inventories to maintain!
Call:
Tel: 952-0182
Cell: 0918-9120138
e-mail: cynchyap@realestatemovers.com
SALAMAT!
SILENTMAX
Apr 13, 2004, 02:03 AM
Originally posted by omeng
may 22? hmmm.. maibigay na kaya ni pareng krakista yung isang giveaway? he he
summer racket? magtinda ng uling. :)
uling pare :p batuhan kita dyan nang mister donut eh :D
musta na si mister donut dyan sa inyo ok naman ba?
mrholyman
Apr 13, 2004, 09:22 PM
apparently malakas ang kita ng mga 24 hr. covenience stores like ministop kapag malapit sa isang call center.... just an observation.
zimdude
Apr 13, 2004, 11:11 PM
yup... like in our building - Hanston, Emerald Avenue
Fuma Lei'Ahr
Apr 14, 2004, 07:05 AM
I'm lurking around this thread for a long time. I'm not actually an entrepreneur since my role would be sort of "taking over" or "managing" the family business, which is in a sort of in a break-even phase for the past three months. Although I've been immerssed into the business on and off for the last two years, this is the first time that I'll attempt to manage it all. Hopefully newbies are welcome here. I would really need some inputs, advices and even support from entrepreneurs here, who have been in this "worry" stage. Salamat mga tol.
SILENTMAX
Apr 14, 2004, 01:12 PM
welcome Fuma hope you could drop by often
how could we be of help? :)
SILENTMAX
Apr 14, 2004, 01:30 PM
did some snooping around regarding mone exchange
you need to get a liscence for foreign exchange
it seems that you need to remit to the bsp a certain amount quota every month.
in actuality you need to remit all the notes that youve collected in fx
being filipinos as we are we dont really need to remit all of the notes.... just the quota
in this sense you already make a small amount of income
now heres the interesting part once youve set up shop a middleman will aproach you willing to acquire youre notes at higher than the bsp's rates.
they are from the BINONDO sentral bank :) a bank which has no address and no office (philippines = love ko to'h
this is where you make your real income
still need to do some digging. interesting to eh hehehehehe
medyo off topic na to parang pang chismiss na to hehehehe
mrholyman
Apr 14, 2004, 02:46 PM
notes meaning yung foreign currency??
anne_373
Apr 14, 2004, 04:40 PM
hay it seems alot of people got different interest in putting up a business.. im dreaming of franchising a food chain but it seems hard to start it.. we have to do alot fo researches first and of course the capital...
now im planning to buy a shitu and my best friend also.. so thats gonna be a start i guess..
about putting up a business like small boutique.. i wnder where those peeps get the products.. like the jelly kelly bag! maybe some peepes knew whos the right person i can contact about this matter.. it wil be really appreciated!
anne_373
Apr 14, 2004, 04:49 PM
hay it seems alot of people got different interest in putting up a business.. im dreaming of franchising a food chain but it seems hard to start it.. we have to do alot fo researches first and of course the capital...
now im planning to buy a shitu and my best friend also.. so thats gonna be a start i guess..
about putting up a business like small boutique.. i wnder where those peeps get the products.. like the jelly kelly bag! maybe some peepes knew whos the right person i can contact about this matter.. it wil be really appreciated!
anne_373
Apr 14, 2004, 04:51 PM
ooops i mean shitzu
omeng
Apr 14, 2004, 11:55 PM
:D
omeng
Apr 14, 2004, 11:56 PM
anung mr. donuts? mas gwapo naman ang donuts namin dun. he he
etu.. putting another kiosk somewhere down the road. *twink
someone texted me about coffee biz in my place but fortunately, nag put up na lang kami ng brewed coffee namin.. and it's getting ok na rin partner ng donuts namin.
and at last our biz ay na-corporate narin. it's called " ENTREPRENEURS PHILIPPINES CORPORATION.
cheers to all and welcome to newbies.
omeng
Apr 15, 2004, 12:01 AM
pareng max, we're serious about the "uling" thing.. uso ang barbi-"Q" ngayun. dandah ang kita dto.
moolah molah moolah... he he
missywitchy
Apr 15, 2004, 03:00 AM
the money changer biz was permanently shelved. Ayaw daw pumayag nung husband nya kasi masyado mainit sa mata ng mga holdaper at magnanakaw. Pero thank you na rin sa mga nagbigay ng comments at infos.
SILENTMAX
Apr 15, 2004, 11:12 AM
last day of filing for your income tax deadline is at 5pm
SILENTMAX
Apr 15, 2004, 11:13 AM
Subject: Mr. John's Commencement Address to the 2004 AdMU Graduating Class
Commencement Address
Ateneo de Manila University
March 27, 2004 By
John L. Gokongwei, Jr.
I wish I were one of you today, instead of a 77-year-old man, giving a speech you will probably forget when you wake up from your hangover tomorrow.
You may be surprised I feel this way. Many of you are feeling fearful and apprehensive about your future.
You are thinking that, perhaps, your Ateneo diploma will not mean a whole lot in the future in a country with too many problems. And you are probably right.
You are thinking that our country is slipping-no, sliding. Again, you may be right.
Twenty years ago, we were at par with countries like Thailand, Malaysia,and Singapore. Today, we are left way behind.
You know the facts.
Twenty years ago, the per capita income of the Filipino was 1,000 US dollars. Today, it's 1,100 dollars. That's a growth of only ten percent in twenty years. Meanwhile, Thailand's per capita income today is double ours; Malaysia, triple ours; and Singapore, almost twenty times ours.
With globalization coming, you know it is even more urgent to wake up. Trade barriers are falling, which means we will have to compete harder.
In the new world, entrepreneurs will be forced to invest their money where it is most efficient. And that is not necessarily in the Philippines. Even for Filipino entrepreneurs, that can be the case.
For example, a Filipino brand like Maxx candy can be manufactured in Bangkok-where labor, taxes, power and financing are cheaper and more efficient-and then exported to other ASEAN countries.
This will be a common scenario-if things do not change. Pretty soon, we will become a nation that buys everything and produces practically nothing. We will be like the prodigal son who took his father's money and spent it all. The difference is that we do not have a generous father to run back to.
But despite this, I am still very excited about the future. I will tell you why later.
You have been taught at the Ateneo to be "a person for others." Of course, that is noble: To serve your countrymen.
Question is: How?
And my answer is: Be an entrepreneur!
You may think I am just a foolish man talking mundane stuff when the question before him is almost philosophical. But I am being very thoughtful here, and if I may presume this about myself, being patriotic as well.
Entrepreneurship is the answer.
We need young people who will find the idea, grab the opportunity, take risk, and set aside comfort to set up businesses that will provide jobs.
But why? What are jobs?
Jobs are what allow people to feel useful and build their self-esteem. Jobs make people productive members of the community. Jobs make people feel they are worthy citizens. And jobs make a country worthy players in the world market.
In that order of things, it is the entrepreneurs who have the power to harness the creativity and talents of others to achieve a common good. This should leave the world a better place than it was.
Let me make it clear: Job creation is a priority for any nation to move forward.
For example, it is the young entrepreneurs of Malaysia, Thailand, and Singapore who created the dynamic businesses that have propelled their countries to the top. Young people like yourselves.
Meanwhile, in the Philippines, progress is slow. Very little is new. Hardly anything is fresh. With a few exceptions, the biggest companies before the war-like PLDT, Ayala, and San Miguel-are still the biggest companies today.
All right, being from the Ateneo, many of you probably have offers from these corporations already. You may even have offers from JG Summit.
I say: Great! Take these offers, work as hard as you can, learn everything these companies can teach-and then leave!
If you dream of creating something great, do not let a 9-to-5 job-even a high-paying one-lull you into a complacent, comfortable life. Let that high-paying job propel you toward
entrepreneurship instead.
When I speak of the hardship ahead, I do not mean to be skeptical but realistic. Even you Ateneans, who are famous for your eloquence, you cannot talk your way out of this one. There is nothing to do but to deal with it.
I learned this lesson when, as a 13-year-old, I lost my dad. Before that, I was like many of you: a privileged kid. I went to Cebu's best school; lived in a big house; and got free entrance to the Vision, the largest movie house in Cebu, which my father owned.
Then my dad died, and I lost all these. My family had become poor-poor enough to split my family. My mother and five siblings moved to China where the cost of living was lower. I was placed under the care of my Grand Uncle Manuel Gotianuy, who put me through school. But just two years later, the war broke out, and even my Uncle Manuel could no longer see me through. I was out in the streets-literally.
Looking back, this time was one of the best times of my life. We lost everything, true, but so did everybody! War was the great equalizer. In that setting, anyone who was willing to size up the situation, use his wits, and work hard, could make it!
It was every man for himself, and I had to find a way to support myself and my family. I decided to be a market vendor.
Why?
Because it was something that I, a 15-year-old boy in short pants, could do.
I started by selling simple products in the palengke half an hour by bike from the city. I had a bicycle. I would wake up at five in the morning, load thread, soap and candles into my bike, and rush to the palengke.
I would rent a stall for one peso a day, lay out my goods on a table as big as this podium, and begin selling. I did that the whole day.
I sold about twenty pesos of goods every day. Today, twenty pesos will only allow you to send twenty text messages to your crush, but 63 years ago, it was enough to support my family. And it left me enough to plow back into my small, but growing, business.
I was the youngest vendor in the palengke, but that didn't faze me. In fact, I rather saw it as an opportunity. Remember, that was 63 years and 100 pounds ago, so I could move faster, stay under the sun more, and keep selling longer than everyone else.
Then, when I had enough money and more confidence, I decided to travel to Manila from Cebu to sell all kinds of goods like rubber tires.
Instead of my bike, I now traveled on a batel-a boat so small that on windless days, we would just float there. On bad days, the trip could take two weeks!
During one trip, our batel sank! We would have all perished in the sea were it not for my inventory of tires. The viajeros were happy because my tires saved their lives, and I was happy because the viajeros, by hanging on to them, saved my tires. On these long and lonely trips I had to entertain myself with books, like Gone With The Wind.
After the war, I had saved up 50,000 pesos. That was when you could buy a chicken for 20 centavos and a car for 2,000 pesos. I was 19 years old.
Now I had enough money to bring my family home from China. Once they were all here, they helped me expand our trading business to include imports. Remember that the war had left the Philippines with very few goods. So we imported whatever was needed and imported them from everywhere-including used clothes and textile remnants from the United States. We were probably the first ukay-ukay dealers here.
Then, when I had gained more experience and built my reputation, I borrowed money from the bank and got into manufacturing. I saw that coffee was abundant, and Nescafe of Nestle was too expensive for a country still rebuilding from the war, so my company created Blend 45.
That was our first branded hit. And from there, we had enough profits to launch Jack and Jill.
From one market stall, we are now in nine core businesses-including retail, real estate, publishing, petrochemicals, textiles, banking, food manufacturing, Cebu Pacific Air and Sun Cellular.
When we had shown success in the smaller businesses, we were able to raise money in the capital markets-through IPOs and bond offerings-- and then get into more complex, capital-intensive enterprises. We did it slow, but sure.
Success doesn't happen overnight. It's the small successes achieved day by day that build a company. So, don't be impatient or focused on immediate financial rewards. I only started flying business class when I got too fat to fit in the economy seats.
And I even wore a used overcoat while courting my wife-it came from my ukay-ukay business. Thank God Elizabeth didn't mind the mothball smell of my overcoat or maybe she wouldn't have married me.
Save what you earn and plow it back.
And never forget your families! Your parents denied themselves many things to send you here. They could have traveled around the world a couple of times with the money they set aside for your education, and your social life, and your comforts.
Remember them-and thank them.
When you have families of your own, you must be home with them for at least one meal everyday.
I did that while I was building my company. Now, with all my six children married, I ask that we spend every Sunday lunch together, when everything under the sun is discussed.
As it is with business, so it is with family. There are no short cuts for building either one.
Remember, no short cuts.
Saint Ignatius of Loyola, your patron saint, and founder of this 450-year old organization I admire, described an ideal Jesuit as one who "lives with one foot raised." I believe that means someone who is always ready to respond to opportunities.
Saint Ignatius knew that, to build a successful organization, he needed to recruit and educate men who were not afraid of change but were in fact excited by it.
In fact, the Jesuits were one of the earliest practitioners of globalization. As early as the 16th century, upon reaching a foreign country, they compiled dictionaries in local languages like Tamil and Vietnamese so that they could spread their message in the local language. In a few centuries, they have been able to spread their mission in many countries through education.
The Jesuits have another quote. "Make the whole world your house" which means that the ideal Jesuit must be at home everywhere. By adapting to change, but at the same time staying true to their beliefs, the Society of Jesus has become the long-lasting and successful organization it is today and has made the world their house.
So, let live with one foot raised in facing the next big opportunity: globalization. Globalization can be your greatest enemy. It will be your downfall if you are too afraid and too weak to fight it out. But it can also be your biggest ally.
With the Asian Free Trade agreement and tariffs near zero, your market has grown from 80 million Filipinos to half a billion Southeast Asians.
Imagine what that means to you as an entrepreneur if you are able to find a need and fill it. And imagine, too, what that will do for the economy of our country!
Yes, our government may not be perfect, and our economic environment not ideal, but true entrepreneurs will find opportunities anywhere.
Look at the young Filipino entrepreneurs who made it. When I say young-and I'm 77, remember-I am talking about those in their 50s and below. Tony Tan of Jollibee, Ben Chan of Bench, Rolando Hortaleza of Splash, and Wilson Lim of Abensons.
They're the guys who weren't content with the 9-to-5 job, who were willing to delay their gratification and comfort, and who created something new, something fresh. Something Filipinos are now very proud of.
They all started small but now sell their hamburgers, T-shirts and cosmetics in Asia, America, and the Middle East. In doing so, these young Filipino entrepreneurs created jobs while doing something they were passionate about.
Globalization is an opportunity of a lifetime-for you. And that is why I want to be out there with you instead of here behind this podium-perhaps too old and too slow to seize the opportunities you can.
Let me leave you with one last thought.
Trade barriers have fallen. The only barriers left are the barriers you have in your mind.
So, Ateneans, Class of 2004, heed the call of entrepreneurship.
With a little bit of will and a little bit of imagination, you can turn this crisis into your patriotic moment-and truly become a person for others.
"Live with one foot raised and make the world your house."
To this great University, my sincerest thanks for this singular honor conferred on me today.
To the graduates, congratulations and Godspeed.
"Ad Majorem Dei Gloriam".
Thank you.
anne_373
Apr 15, 2004, 08:31 PM
my my my.. this inspires me a lot! wow! well lot of things reallly started from scratch... thats true.. lot of hard work and determination should be raised to be successful... man, now id better get out of here and do some researches
anne_373
Apr 15, 2004, 08:40 PM
my my my.. this inspires me a lot! wow! well lot of things reallly started from scratch... thats true.. lot of hard work and determination should be raised to be successful... man, now id better get out of here and do some researches
SILENTMAX
Apr 15, 2004, 09:06 PM
i remember this quote its an old japanes saying
some people curse the dark becouse there is no light
but there are some who chose to light a candle
right now its no joke our countries economy stinks we could either complain about it, go to rallies, and curse at the politicians
or we could chose to do something about it. my direction points me toward entrepreneurship
when you start providing jobs to those people who really need it, trust me theres no other feeling like it. it gives your determination in starting a business, purpose.
theSLASHER
Apr 15, 2004, 09:49 PM
hei guys, what can you say about businesses with network marketing strategies? Please comment.
http://www.pinoyexchange.com/forums/showthread.php?s=&threadid=166360
omeng
Apr 17, 2004, 08:20 PM
i am now reading "business @ the speed of thought" by bill gates.
cool and very impormative.
"A Digital Nervous System willlet you do business at the speed of thought --- the key to success in the twenty-first century."
:D
sayuri_succubus
Apr 18, 2004, 01:47 PM
Serve your countrymen: Be an entrepreneur
John L. Gokongwei Jr.
(Address by the businessman John L. Gokongwei Jr. delivered during the commencement exercises at the Ateneo de Manila, on March 27, 2004)
I WISH I were one of you today, instead of a 77-year-old man, giving a speech you will probably forget when you wake up from your hangover tomorrow.
You may be surprised I feel this way. Many of you are feeling fearful and apprehensive about your future.
You are thinking that, perhaps, your Ateneo diploma will not mean a whole lot in the future in a country with too many problems. And you are probably right.
You are thinking that our country is slipping—no, sliding. Again, you may be right.
Twenty years ago, we were at par with countries like Thailand, Malaysia and Singapore. Today, we are left way behind.
You know the facts.
Twenty years ago, the per capita income of the Filipino was $1,000. Today, it’s $1,100. That’s a growth of only 10 percent in 20 years. Meanwhile, Thailand’s per capita income today is double ours; Malaysia, triple ours; and Singapore, almost 20 times ours.
With globalization coming, you know it is even more urgent to wake up.
Trade barriers are falling, which means we will have to compete harder.
In the new world, entrepreneurs will be forced to invest their money where it is most efficient. And that is not necessarily in the Philippines. Even for Filipino entrepreneurs, that can be the case. For example, a Filipino brand like Maxx candy can be manufactured in Bangkok—where labor, taxes, power and financing are cheaper and more efficient—and then exported to other Asean (Association of Southeast Asian Nations) countries.
This will be a common scenario—if things do not change.
Pretty soon, we will become a nation that buys everything and produces practically nothing. We will be like the prodigal son who took his father’s money and spent it all. The difference is that we do not have a generous father to run back to.
But despite this, I am still very excited about the future. I will tell you why later.
You have been taught at the Ateneo to be “a person for others.” Of course, that is noble: To serve your countrymen.
Question is: How?
And my answer is: Be an entrepreneur!
You may think I am just a foolish man talking mundane stuff when the question before him is almost philosophical. But I am being very thoughtful here, and if I may presume this about myself, being patriotic as well.
Entrepreneurship is the answer.
We need young people who will find the idea, grab the opportunity, take risk, and set aside comfort to set up businesses that will provide jobs.
But why? What are jobs?
Jobs are what allow people to feel useful and build their self-esteem.
Jobs make people productive members of the community. Jobs make people feel they are worthy citizens. And jobs make a country worthy players in the world market.
In that order of things, it is the entrepreneurs who have the power to harness the creativity and talents of others to achieve a common good. This should leave the world a better place than it was.
Let me make it clear: Job creation is a priority for any nation to move forward.
For example, it is the young entrepreneurs of Malaysia, Thailand, and Singapore who created the dynamic businesses that have propelled their countries to the top. Young people like yourselves.
Meanwhile, in the Philippines, progress is slow. Very little is new. Hardly anything is fresh. With a few exceptions, the biggest companies before the war—like PLDT, Ayala and San Miguel—are still the biggest companies today.
All right, being from the Ateneo, many of you probably have offers from these corporations already. You may even have offers from JG Summit
I say: Great! Take these offers, work as hard as you can, learn everything these companies can teach—and then leave!
If you dream of creating something great, do not let a 9-to-5 job—even a high-paying one—lull you into a complacent, comfortable life. Let that high-paying job propel you toward entrepreneurship instead.
When I speak of the hardship ahead, I do not mean to be skeptical but realistic.
Even you Ateneans, who are famous for your eloquence, you cannot talk your way out of this one. There is nothing to do but to deal with it.
I learned this lesson when, as a 13-year-old, I lost my dad.
Before that, I was like many of you: a privileged kid. I went to Cebu’s best school; lived in a big house; and got free entrance to the Vision, the largest movie house in Cebu, which my father owned.
Then my dad died, and I lost all these. My family had become poor—poor enough to split my family. My mother and five siblings moved to China, where the cost of living was lower. I was placed under the care of my grand uncle Manuel Gotianuy, who put me through school. But just two years later, the war broke out, and even my uncle Manuel could no longer see me through. I was out in the streets—literally.
Looking back, this time was one of the best times of my life. We lost everything, true, but so did everybody! War was the great equalizer. In that setting, anyone who was willing to size up the situation, use his wits, and work hard, could make it!
It was every man for himself, and I had to find a way to support myself and my family. I decided to be a market vendor.
Why?
Because it was something that I, a 15-year-old boy in short pants, could do.
I started by selling simple products in the palengke half an hour by bike from the city. I had a bicycle. I would wake up at five in the morning, load thread, soap and candles into my bike, and rush to the palengke.
I would rent a stall for one peso a day, lay out my goods on a table as big as this podium, and begin selling. I did that the whole day.
I sold about P20 of goods every day. Today, P20 will only allow you to send 20 text messages to your crush, but 63 years ago, it was enough to support my family. And it left me enough to plow back into my small, but growing, business.
I was the youngest vendor in the palengke, but that didn’t faze me. In fact, I rather saw it as an opportunity. Remember, that was 63 years and 100 pounds ago, so I could move faster, stay under the sun more, and keep selling longer than everyone else.
Then, when I had enough money and more confidence, I decided to travel to Manila from Cebu to sell all kinds of goods like rubber tires.
Instead of my bike, I now traveled on a batel—a boat so small that on windless days, we would just float there. On bad days, the trip could take two weeks!
During one trip, our batel sank! We would have all perished in the sea were it not for my inventory of tires. The viajeros were happy because my tires saved their lives, and I was happy because the viajeros, by hanging on to them, saved my tires. On these long and lonely trips I had to entertain myself with books, like gone with the wind.
After the war, I had saved up P50,000. That was when you could buy a chicken for 20 centavos and a car for P2,000. I was 19 years old.
Now I had enough money to bring my family home from China. Once they were all here, they helped me expand our trading business to include imports.
Remember that the war had left the Philippines with very few goods. So we imported whatever was needed and imported them from everywhere—including used clothes and textile remnants from the United States. We were probably the first ukay-ukay dealers here.
Then, when I had gained more experience and built my reputation, I borrowed money from the bank and got into manufacturing. I saw that coffee was abundant, and Nescafe of Nestlé was too expensive for a country still rebuilding from the war, so my company created Blend 45.
That was our first branded hit. And from there, we had enough profits to launch Jack and Jill.
From one market stall, we are now in nine core businesses—including retail, real estate, publishing, petrochemicals, textiles, banking, food manufacturing, Cebu Pacific Air and Sun Cellular.
When we had shown success in the smaller businesses, we were able to raise money in the capital markets, through IPOs and bond offerings, and then get into more complex, capital-intensive enterprises. We did it slow, but sure.
Success doesn’t happen overnight. It’s the small successes achieved day by day that build a company. So, don’t be impatient or focused on immediate financial rewards. I only started flying business class when I got too fat to fit in the economy seats.
And I even wore a used overcoat while courting my wife—It came from my ukay-ukay business. Thank God Elizabeth didn’t mind the mothball smell of my overcoat or maybe she wouldn’t have married me.
Save what you earn and plow it back.
And never forget your families! Your parents denied themselves many things to send you here. They could have traveled around the world a couple of times with the money they set aside for your education, and your social life, and your comforts.
Remember them, and thank them.
When you have families of your own, you must be home with them for at least one meal everyday.
I did that while I was building my company. Now, with all my six children married, I ask that we spend every Sunday lunch together, when everything under the sun is discussed.
As it is with business, so it is with family. There are no short cuts for building either one.
Remember, no short cuts.
Saint Ignatius of Loyola, your patron saint, and founder of this 450-year-old organization I admire, described an ideal Jesuit as one who “lives with one foot raised.” I believe that means someone who is always ready to respond to opportunities.
Saint Ignatius knew that, to build a successful organization, he needed to recruit and educate men who were not afraid of change but were in fact excited by it.
In fact, the Jesuits were one of the earliest practitioners of globalization. As early as the 16th century, upon reaching a foreign country, they compiled dictionaries in local languages like Tamil and Vietnamese so that they could spread their message in the local language.
In a few centuries, they have been able to spread their mission in many countries through education.
The Jesuits have another quote: “Make the whole world your house,” which means that the ideal Jesuit must be at home everywhere. By adapting to change, but at the same time staying true to their beliefs, the Society of Jesus has become the long-lasting and successful organization it is today and has made the world their house.
So, let’s live with one foot raised in facing the next big opportunity: globalization.
Globalization can be your greatest enemy. It will be your downfall if you are too afraid and too weak to fight it out. But it can also be your biggest ally.
With the Asian Free Trade agreement and tariffs near zero, your market has grown from 80 million Filipinos to half a billion Southeast Asians.
Imagine what that means to you as an entrepreneur if you are able to find a need and fill it. And imagine, too, what that will do for the economy of our country!
Yes, our government may not be perfect, and our economic environment not ideal, but true entrepreneurs will find opportunities anywhere.
Look at the young Filipino entrepreneurs who made it. When I say young—and I’m 77, remember, I am talking about those in their ’50s and below. Tony Tan of Jollibee, Ben Chan of Bench, Rolando Hortaleza of Splash and Wilson Lim of Abensons.
They’re the guys who weren’t content with the 9-to-5 job, who were willing to delay their gratification and comfort, and who created something new, something fresh.
Something Filipinos are now very proud of.
They all started small but now sell their hamburgers, T-shirts and cosmetics in Asia, America and the Middle East.
In doing so, these young Filipino entrepreneurs created jobs while doing something they were passionate about.
Globalization is an opportunity of a lifetime—for you. And that is why I want to be out there with you instead of here behind this podium, perhaps too old and too slow to seize the opportunities you can.
Let me leave you with one last thought. Trade barriers have fallen. The only barriers left are the barriers you have in your mind.
So, Ateneans, class of 2004, heed the call of entrepreneurship.
With a little bit of will and a little bit of imagination, you can turn
this crisis into your patriotic moment—and truly become a person for others.
“Live with one foot raised and make the world your house.”
To this great University, my sincerest thanks for this singular honor conferred on me today.
To the graduates, congratulations and Godspeed.
“Ad Majorem Dei Gloriam.”
Thank you.
OliverWood21
Apr 18, 2004, 04:02 PM
sayuri_succubus
Wow.. That was one heck of a speech by Mr. Gokongwei. Makes me thing again.. :glee:
OliverWood21
Apr 18, 2004, 05:32 PM
Originally posted by OliverWood21
Makes me thing again.. :glee:
Oops.. I mean think.. :D
aticus
Apr 18, 2004, 05:43 PM
We're having a discussion about John Gokongwei's speech in the Academe forum. :) Drop by if you want to talk about it.
OliverWood21
Apr 18, 2004, 06:22 PM
Great..
Thanks
Krakista
Apr 18, 2004, 11:10 PM
Thanks, sayuri_succubus. Gonna reflect on that speech for the next few days.
aticus, are you working at the MAXX factory?
omeng
Apr 19, 2004, 02:49 AM
anyenye.. pinost na ni pareng max yan eh.. ha ha
newei.. its worth to post that speech twice.. :)
travy
Apr 21, 2004, 10:13 AM
:)
omeng
Apr 21, 2004, 11:29 AM
38th Networking Nights
Dear friend of Entrepreneur Philippines,
Want to know how to start a business with P50,000 or less? Or get hot ideas from successful start-up entrepreneurs?
Join Entrepreneur Philippines' 38th Networking Night entitled "Eight Great Business Ideas for P50,000 or Less and Hot Start-Ups! on April 27, 2004, 6 PM to 9 PM at San Mig Pub & Restaurant, Ortigas and learn a lot from our successful entrepreneur guest speakers.
The Networking Night is a casual business get-together hosted by Entrepreneur Philippines Magazine and is open to both existing and aspiring entrepreneurs. This month, we have invited Go Nuts Donuts president Michael Trillana, big-time butterfly supplier May Solomon of Acclaim Marketing Company, biologist-turned entrepreneur Ana Gutierrez of Something Place Body Food Inc., and innovative photography studio owner Eileen Grey of the Picture Company to share their experiences on how simple ideas can turn into worthwhile and profitable business ventures.
Attendance is free of charge and food and drinks are on us but since many would like to attend and we can only accommodate up to 150 guests, please let us know of your intention to be there. We accept confirmations only until the day before the event.
Should you wish to confirm your attendance, please send an email with subject: Networking Night to michelle.villaflor@summitmedia.com.ph or call us at 637-1976 and you will get a corresponding reply.
Thank you and hope to see you there!
Michelle Villaflor
Marketing Assistant
omeng
Apr 21, 2004, 11:35 AM
pareng max,
nireserve na kita. waiting nalang confirmation ni mitch. :)
see you there!
SILENTMAX
Apr 21, 2004, 11:51 AM
Originally posted by travy
dlsu is now offering a 2 week course on call center rep.
you know funny thing about this is they maybe the only ones aside from sm offering courses or seminars on being a rep for a call center.
right now im reading reports that there are less and less qualified call center reps in the industry whats happening is their hiring reps with lesser qualifications. this is a bad thing india is losing business due to poor cal center performance with americans complaining of the way the indians handled a call.
we definitely need to cash in on their decrese. i hope somebody comes up with seminars and courses on call center reps. ama and sti are still not doing it.
travy
Apr 21, 2004, 12:29 PM
Originally posted by SILENTMAX
you know funny thing about this is they maybe the only ones aside from sm offering courses or seminars on being a rep for a call center.
right now im reading reports that there are less and less qualified call center reps in the industry whats happening is their hiring reps with lesser qualifications. this is a bad thing india is losing business due to poor cal center performance with americans complaining of the way the indians handled a call.
we definitely need to cash in on their decrese. i hope somebody comes up with seminars and courses on call center reps. ama and sti are still not doing it.
so what's the plan?
sayuri_succubus
Apr 21, 2004, 02:37 PM
Originally posted by omeng
anyenye.. pinost na ni pareng max yan eh.. ha ha
newei.. its worth to post that speech twice.. :)
hmm...he did? I thought that was the old speech by Gokongwei year 2002 or something....this was one was april 2004 ... anyway moving on
SILENTMAX
Apr 21, 2004, 08:06 PM
omeng tnx for adding me sa list will definitely go there i really need to discus with you re: dunkin ini isip ko kasi kung feasible sa coffee shop ko. halo halo na nga coffee shop ko mukha nang juice bar hehehe.
toll how are you holding up against krispe kreme and go nuts donuts grabe rami customers nila kahit mahal donuts nila. mga pinoy nga naman ang labo.
omeng
Apr 21, 2004, 10:40 PM
seats already secured men.
i tasted go nuts donuts, well its good. good for them. ang price di naman naglalayo.. let us just ask the guest speaker since taga go nuts sya.. he he
people of pinoyexchange.. pa reserve na kayo.. ganda topic. :)
missywitchy
Apr 22, 2004, 12:50 AM
commercial muna :-)
I don't know where to post this. Pls check out this site, www.nontzeflash.com (sorry I do not know how to make a link) Anyway , one of the entry there was made by a filipino brother team (benjo and jay camay), they recently won in the MTV start> play contest. They are the only entry from the Philippines and I am posting this to ask for your support. Benjo was a classmate of mine way back in high school :-), and can you say that I am mighty proud of them right now.
The main awards will be decided by some judges, but there will be a People's Choice Award base on the result of the online poll.
To the moderators: Feel free to move this one anywhere you see fit.
SILENTMAX
Apr 22, 2004, 02:49 PM
i watched this while i was in thailand galing nila i was proud to be pinoy hehehehehe
talent like them should be pushed to new heights :)
junben_c
Apr 22, 2004, 07:03 PM
hi sino punta networking night dito? pls txt me para may mameet naman ako dun 0920 3026259. thanks
omeng
Apr 23, 2004, 10:56 PM
ako na lang text mo.. he he
09172449308
Mymnosene
Apr 23, 2004, 11:10 PM
we'll be going! number below name. :D
SILENTMAX
Apr 24, 2004, 12:46 AM
alright theres going to be 4 of us!!!! eb na to :)
#09175022189
definitely going there ive been doing some background check at go nuts grabe its reselling at lasalle/benilde for 30 pesos while only 15 pesos at the fort
somethings up
very intriguing
missywitchy
Apr 24, 2004, 01:14 PM
Ok, I'll be going too. Pero di pa ganun ka sure. Kapag andun ako I'll text one of you para malaman ko kung saan ko kayo hahanapin. Pwede ba yon? :-)
omeng
Apr 24, 2004, 02:35 PM
sure. :)
GOwin
Apr 24, 2004, 04:40 PM
re go nuts
it's hype. galing nila but the taste isn't that special.
re networking night
puno na daw. i wasn't able to get an invite. :(
missywitchy
Apr 24, 2004, 08:41 PM
I just received my notice. Puno na daw. Next time na lang siguro.
SILENTMAX
Apr 24, 2004, 09:12 PM
gowin missywitchy
sa foods lang puno. you can still go kahit di ka registered yun nga lang there wont be any free food
free drinks lang if this is still ok with you i suggest you still go. sayang eh.
gowin: toll *** ba yung meron rin compcenter ?
GOwin
Apr 25, 2004, 03:45 PM
not me. :)
fossil7
Apr 26, 2004, 12:12 AM
mga tsong, gusto kong umattend dito. ok lang ba kahit aspiring pa lang?
spadia
Apr 26, 2004, 07:49 AM
hello
entrepreneurs!
In line with the speech of Mr. Gokongwei and globalisation......
I have contacts in China.....if you have anything that is worth exporting, please let know....we can find you a buyer
Right now, we have ready buyers for
1. Coconut shell charcoal: mesh size 3 x 6.. must be FOB manila
2. Banana chips (unbranded..it will be repacked)
no downpayment, if you have the goods show us, then we pay you in form of L/C
GOwin
Apr 26, 2004, 10:34 AM
@spadia
can you please PM me your specific requirements for coco-charcoal and contact info?
Satoy
Apr 26, 2004, 04:00 PM
hello everyone,
tanong ko lang if anybody knows kung pano maging direct dealer ng smart eload, yun bang pwede kang magbenta ng retailer sims + eload credits para sa retailers? ano ba requirements, san pupunta or sino kakausapin, etc., etc., any background info please. thanks.
by the way mr. silentmax, how's the red tilapia business going? we're gonna dry up our fish pond this week and haven't yet decided what to do with it. thanks a lot.
omeng
Apr 28, 2004, 01:50 PM
spadia, is this related to mr. jose? thanks
omeng
Apr 28, 2004, 01:55 PM
nice meeting you ms. mymnosene
you too junben_c
pareng max, lets get the ball rolling.. he he..
missywitchy, wala :(
guys, you should attend the event. you are missing a lot. this is the right time to market your business.
newei, hope to see others in the next NW nights :)
missywitchy
Apr 28, 2004, 02:22 PM
Oo... nga eh sayang.....
Nasa shop ako at nagmumukmok.... ala ako makuha na bantay :-(
Siguro next time na lang ... For the meantime... magkwento ka naman :-)
SILENTMAX
Apr 28, 2004, 02:49 PM
Originally posted by Satoy
hello everyone,
tanong ko lang if anybody knows kung pano maging direct dealer ng smart eload, yun bang pwede kang magbenta ng retailer sims + eload credits para sa retailers? ano ba requirements, san pupunta or sino kakausapin, etc., etc., any background info please. thanks.
by the way mr. silentmax, how's the red tilapia business going? we're gonna dry up our fish pond this week and haven't yet decided what to do with it. thanks a lot.
u have pm :)
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