Young Entrepreneurs ** tayo

[omeng]

that's nice to hear pareng max. always trust our instincts. that's i have learned from my trade partner in US and of course to donald.

i just closed the two deals i've been working for moths. though it's very tiring, it's very rewarding. ngayon, kuntodo plantsa ako sa norway.. and it's getting good everyday.

kudos to us pare.

btw, mini here will be in a good position as i visualize it before. am right all along but the sad part, i cannot take it for i am trulily busy. well swerte ng makakabili. the good side of it was, i established good relationship with the one who brief me about the offer. and that's i call professionalism.

dude.. more power to your business!

[zimdude]

Krakista:

No picket from the local labor unions? :D

[SILENTMAX]

This is a story about a boy who believed

Kenny Rogers - I Am The Greatest

Little boy
In a baseball hat
Stands in the feild
With his ball and bat
Says "I am the greatest
player of them all"
Put his bat on his shoulder
And he tosses up the ball

And the ball goes up
and the ball comes down
swings his bat all the way around
the worlds so still
he can hear the sound
the baseball falls
to the ground

Now the little boy
doesn't say a word
picks up his ball
he is undeterred
says "I am the greatest
there has ever been"
and he grits his teeth
and he tries it again

and the ball goes up
and the ball comes down
swings his bat all the way around
the worlds so still
he can hear the sound
the baseball falss
to the ground

he makes no excuses
he shows no fear
he just closes his eyes
and listens to the cheers

little boy
he adjusts his hat
picks up his ball
stares at his bat
says "Iam the greatest
the game is on the line"
and he gives his all
one last time

and the ball goes up
when the moons so bright
swings his bat with all his might
and the worlds so still
as still can be
and the baseball falls
and thats strike three

Now its suppertime
and his mama calls
little boy starts home
withe his bat and ball
says "I am the greatest
that is a fact,
but even i didn't know
I could pitch like that"

Says "I am the greatest
that is understood,
but even i didn't know
I could pitch that good."




********************************************
for people who knows about baseball the little kid grew up to be Mark Mcguire and he did become one of the greatest.

[JohnDiaz]

Originally posted by SILENTMAX
dude pare omeng:
actualy its a sign for me to push ahead. i remembered this quote
when you hit a brickwall stop whining and start climbing. i think it was a poster in here.

what happend 2 days ago is just a pebble and it will not get me down. i am focused, i am determined, i am visualizing that i will succed

im letting go of mini. im going to focus ahead on my primary business and make it grow. hangang ngayon di ko malimutan sinasabi ni mr tan. "since day one"


all my other sidelines i cancell ko narin and put everything in the stock market. what i would make in mini for a year i could make in 1 week investing in the stock market. hopefuly tumagal itong bull run nang market. in hindsight di pa nga sya bull run.
nyse,nasdaq target investment eta in 2 years sana. training muna ako sa local industry.


papaano ba yang stock market na yan?? meron ba kayong tutorial or any other reading material para matutunan yan. a website can also help. i-search ko nga philippine stock exchange.

hope u can help me!! kahit ba nasa singapore can trade in the phils.?

[marco_1]

*** dito nagllog sa entrepreneur.com.ph forums?

[SILENTMAX]

john diaz:
im still a newbie so i wouldnt really be much of help pls re ask the question at the investing and stocks thread. or go to google and type pub45 phisix
or go to www.pse.org.ph
citiseconline.com

marco_1:
yes me and omeng log in there occasionaly i still hold same handle. there are some pexers who are there also.

[omeng]

paparamdam lang =)

[Krakista]

Originally posted by zimdude
Krakista:

No picket from the local labor unions? :D None at all. Besides, labor unions are associated with blue collar jobs. But there's a U.S. call center that can match offshore prices--UNICOR (http://www.unicor.gov). They employ prison labor.

zimdude: Check this out-->http://www.pinoyexchange.com/forums/showthread.php?s=&action=showpost&postid=5195325#5195325

[jerrym]

Originally posted by almonds101
Wow, im glad somebody thought of putting up a thread like this Its really very informative. :)
I just graduated last march actually, and im now working as an analyst (systems analyst) in an IT company in ortigas(though im not really an IT person). But i really plan to go into business a year or a few months from now. Siguro medyo na-impluwensiyahan na rin kasi ako coz my parents are businesspeople --they're in the garments and real estate industry. But my bf is in the food biz. 2 months pa lang business niya but its doing pretty well.

So tanong lang.... my bf is planning to expand his biz. Planning stage pa lang talaga but his long-term goal is to have his biz franchised. a few months from now, he and I might put up a 2nd branch(partnership...para hati kami sa pag-generate ng capital)....and then we'll research more abt going into franchising. Do u think it would be ok for me to go into business after 6 months or so of working in the corporate world.....or mahirap pa coz im just a fresh grad? ;)

Im really interested to go into business na but my parents say its lonely to be a business person unlike pag sa ofice, may officemates...marami ma-mi-meet, etc.....so they want me to work in an office ---bf ko na lang daw pumasok sa business-wag na ako. If anything is stopping me or discouraging me.....its my parents, feeling ko medyo walang tiwala rin that il succeed in business (for whatever reason i dont understand)

Sharing some of my thoughts:

Disadvantages of setting up a business:
1. It's risky ( if u don't know what you are doing)
2. It's not secured ( but being an employee is also vulnerable to layoffs and downsizing)
3. Its lonely ( how about the feeling of providing jobs to others?)
4. You will commit mistakes (this is where u learn)
5. Sometimes the business will fail (this is where your talent and creativity will be most useful)

[SILENTMAX]

taken from the book "forbes greatest investment stories"

"Being a businessman makes me a better investor, and being an investor makes me a better businessman" -Warren Buffet




simple advice from my dad:
anak wag ka makinig sa mga tao na salita nang salita tungkol sa mga negosyong idea nila. tignan mo muna kung kumita at mayaman naman na talaga sila.

son dont beleive what most people tell you about business and how to do good in it without first looking if they themselves are rich and have done well with what they have.

[missywitchy]

can you send me a price list?

my sister and I have been toying with the idea of putting up a business I would like to include this as one of our options :-)

missywitchy@yahoo.com

[silverglitzz]

Originally posted by missywitchy
can you send me a price list?

my sister and I have been toying with the idea of putting up a business I would like to include this as one of our options :-)

missywitchy@yahoo.com


hi sis! email sent. hope ul be interested

[j3rz3y_gurl]

hi guyz can anyone please help me ..... im planning to put up a food biz sa shopping center and im kinda new and naive pagdating sa business na ganito.... i just wanna ask how to make a letter of intent ba.... i dnt have any idea kasi eh


thanks in andvance! :)

[Krakista]

Greetings from the 24th Annual Business & Technology Solutions Show here at Donald Stephens Convention Center, Rosemont, Illinois. I'm posting this at the BestBuy GeekSquad (http://www.geeksquad.com) CyberCafe booth. Lotsa chocolates again! :D

:wave:

[SILENTMAX]

Sex toys sell in RP
In this predominantly Roman Catholic country where prostitution is illegal and the church still wields considerable influence on the nation's morals, it is a brave person who goes into business selling sex toys.

But a Chinese-Filipino woman who goes by the name of Pat has discovered a niche business, which is booming.

Pat began her sex toys business a few years ago from a nondescript residential block in Manila.

Today her shop stocks around 200 items ranging from vibrators to the torso of a pig made from artificial skin simply called "Babe," which retails for around PhP10,000.

"It is not the sort of business many people in this country would go into," she said in an interview with AFP. "But I saw a unique opportunity and let's face it, sex sells."

Her customers, who visit strictly by appointment, range from heterosexual couples and singles to gays, lesbians and bisexuals.

"We don't discriminate," she said.

Now online, business is looking pretty good for Pat with more than 200,000 page views a month.

Although she would not give details of turnover, Pat says business is growing at around 30% annually.

"Business is doing well," she says with a smile. While there are some back street vendors in the Philippines, Pat is believed to be the first with a shop or website.

One of her biggest selling items is a penis enlarger for PhP3,000 of which she sells around 60 a month.

"A lot of women buy it for their partners," she says.

Pat is already looking at expanding to other regional centers in the Philippines.

"Sex is not the sort of thing people in this country discuss openly. You don't even see condoms openly displayed like you do in other countries."

Although many of her customers are men "buying toys for their wives, girlfriends or mistresses," Pat finds women are starting to become more adventurous.

"I don't see there is anything to be ashamed of with someone wanting to improve his or her sex life," she said.

Pat has delivered sex toys to a client in Muslim Sulu while her most bizarre delivery was to a Philippine naval vessel off Mindanao.

She could not remember how the order was delivered or what it was, "but it arrived and there were no complaints from the client."

Already Pat is looking to expand her business into new product lines such as uniforms and sado-masochism for the more adventurous.

She said many of her clients prefer to shop with her as they do not want to buy abroad and risk the embarrassment of having to explain to airport customs officials about the marital aids in their bags.

Pat said many of her female clients buy sex toys for a variety of reasons, one being that their husbands are no longer paying enough attention to them.

One item women buy for their men is a solution called delayer, which is supposed to prevent premature ejaculation.

"People don't like to admit that they use sex toys but they do. There are a lot of people out there looking for these sorts of products," she said.

"At the same time our customers come from all walks of life and socioeconomic background. People in the provinces will save just to buy a dildo or vibrator," she said. -- AFP

[dac]

j3rz3y_girl

well address the letter to the leasing department of the mall youre interested in.(just ask any guard on duty and they will point you to the admi office.)

indicate your intent to rent a space for a food cart. state the food product youre selling and your contact number.

be sure to get to know the personnel at the leasing department
(to make it easier to followup your application.)

[search555]

Originally posted by SILENTMAX
Sex toys sell in RP
In this predominantly Roman Catholic country where prostitution is illegal and the church still wields considerable influence on the nation's morals, it is a brave person who goes into business selling sex toys.

But a Chinese-Filipino woman who goes by the name of Pat has discovered a niche business, which is booming.

Pat began her sex toys business a few years ago from a nondescript residential block in Manila.

Today her shop stocks around 200 items ranging from vibrators to the torso of a pig made from artificial skin simply called "Babe," which retails for around PhP10,000.

"It is not the sort of business many people in this country would go into," she said in an interview with AFP. "But I saw a unique opportunity and let's face it, sex sells."

Her customers, who visit strictly by appointment, range from heterosexual couples and singles to gays, lesbians and bisexuals.

"We don't discriminate," she said.

Now online, business is looking pretty good for Pat with more than 200,000 page views a month.

Although she would not give details of turnover, Pat says business is growing at around 30% annually.

"Business is doing well," she says with a smile. While there are some back street vendors in the Philippines, Pat is believed to be the first with a shop or website.

One of her biggest selling items is a penis enlarger for PhP3,000 of which she sells around 60 a month.

"A lot of women buy it for their partners," she says.

Pat is already looking at expanding to other regional centers in the Philippines.

"Sex is not the sort of thing people in this country discuss openly. You don't even see condoms openly displayed like you do in other countries."

Although many of her customers are men "buying toys for their wives, girlfriends or mistresses," Pat finds women are starting to become more adventurous.

"I don't see there is anything to be ashamed of with someone wanting to improve his or her sex life," she said.

Pat has delivered sex toys to a client in Muslim Sulu while her most bizarre delivery was to a Philippine naval vessel off Mindanao.

She could not remember how the order was delivered or what it was, "but it arrived and there were no complaints from the client."

Already Pat is looking to expand her business into new product lines such as uniforms and sado-masochism for the more adventurous.

She said many of her clients prefer to shop with her as they do not want to buy abroad and risk the embarrassment of having to explain to airport customs officials about the marital aids in their bags.

Pat said many of her female clients buy sex toys for a variety of reasons, one being that their husbands are no longer paying enough attention to them.

One item women buy for their men is a solution called delayer, which is supposed to prevent premature ejaculation.

"People don't like to admit that they use sex toys but they do. There are a lot of people out there looking for these sorts of products," she said.

"At the same time our customers come from all walks of life and socioeconomic background. People in the provinces will save just to buy a dildo or vibrator," she said. -- AFP

@SILENTMAX

Do you have an idea on how to start a sex toy shop? I have been trying to think what would be the best business and so far etong business na to lang ang sa tingin ko na mag-eenjoy ako.

[SILENTMAX]

bakit ako? wahehehehehhe wala ako dyan alam.

to the people who's browsing this thread you know who you are

tulungan natin si search555 :D

[search555]

Sorry, I thought may connection ka kay Pat. Anyway, I am really interested in starting a shop such as this. Any info would be much appreciated. Thanks.

[joben]

Originally posted by Krakista
The box is a piece of equipment you simply attach to your DSL or Cable Internet and a telephone set. It should cost less than PhP 10,000 per seat. I foresee sooner or later some people now employed in call centers will later resign and set up call centers on their own as they gain experience.


Krakista:

I'm interested to know more about this device. Can you use this together with a PC application?

[infinity_ph]

hi there!

i have moved from prepaid internet card to cellphone business now...i got 1 store in recto manila and by the next 2months im getting 3 more stores around recto manila....im looking 4 busniess partner young and energetic jst small investment arnd 25-50K only...great busniess and reliable income of cash tnx lot 09215858548...

btw some of my sites :
www.netsolph.com
www.webhostph.tk
www.infinityph.tk

[omeng]

pareng max, pag dala mo naman ako ng pang matrona sa entrep night .. ipang-reregalo ko lang. =)

Dear friend of Entrepreneur Philippines,

Ever wondered how most of the famous franchises began?

Then join Entrepreneur Philippines' 42nd Networking Night entitled "THE REAL STORIES BEHIND FRANCHISING" on August 31, 2004, 6 PM to 9 PM at Tavern on the Square at Greenbelt 3 and learn more about these famous franchises!

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 Robert Ocampo of Max's Restaurant, Melody Mejia of United Development Inc (Nacho-Fast), and Antonio Andres of Plato Wraps to share their experiences.

Entrance is free and food and drinks are on us but since many would like to attend and we can only accommodate up to 150 guests (for the free food and drinks), please confirm your attendance at least a day before the event.

Should you wish to confirm your attendance, please send an email with subject: Networking Night with the following information (name, company, position, email) to raymond.darilag@summitmedia.com.ph. Only emails with complete info will be accepted. Successful registrants will receive a corresponding reply.

Thank you and hope to see you there!



Raymond Darilag
Marketing and Promotions Associate

[ryan_it]

hi everyone!

im ryan. ive been working as a freelance web developer for 2 years now. business is doing good. even better now as i found a partner in Europe. he would get clients and i get the programmers here

im now trying to hire a programmer to work on a contractual basis. the business turned out to be an outsourcing type which is what i really hoped for. i just supervise. kaso, konti pa lang apply and la pa approve eh...

the thing is, i still have other work to be done. that contractual thing is from one of my client-turned-partner, but i still have other clients. im getting tired of doing the programming stuff. i thought of hiring na even before pa kaso parang nanghihinayang ako kasi kaya ko namang gawin talaga. i often think na it would be better hiring so i can concentrate of getting other clients pa kaso parang di ko rin maasikaso hehehe labo noh?

dapat ba akong manghinayang sa perang ibabayad ko? parang im too greedy to realize na mas ok kung mag hire ako paro i can focus more on the business itself... what do you guys think?

[SILENTMAX]

ryan_it: theres a book i read about this predicament i used to be in this predicament too. transitioning from technician to entrepreneur.(hanapin ko sya ive read so many books this month nakalimutan ko na tuloy title)

theres always 3 of you:
the

technician
manager
entrepreneur


the best is being balanced.

[GOwin]

Originally posted by ryan_it
dapat ba akong manghinayang sa perang ibabayad ko? parang im too greedy to realize na mas ok kung mag hire ako paro i can focus more on the business itself... what do you guys think?

I guess everyone goes thru the same predicament when you're transitioning from one hat to another.

think of it this way. you can only do so much on your own. hiring people to do some stuff for you, allows you to concentrate more on matters that require more of your attention. your staff allows you to do more work, instead of just relying on yourself.

syempre, sa umpisa mukhang mahal. hopefully, you'll get to the point where spending your precious time to more productive/profitable areas also increases your bottomline.

PS
treat human resources as investments, rather than expenses. sometimes, investments go bad but most times, their returns are very good.

[omeng]

investing in people is truly great investment

[jerrym]

Originally posted by ryan_it
hi everyone!

im ryan. ive been working as a freelance web developer for 2 years now. business is doing good. even better now as i found a partner in Europe. he would get clients and i get the programmers here

im now trying to hire a programmer to work on a contractual basis. the business turned out to be an outsourcing type which is what i really hoped for. i just supervise. kaso, konti pa lang apply and la pa approve eh...

the thing is, i still have other work to be done. that contractual thing is from one of my client-turned-partner, but i still have other clients. im getting tired of doing the programming stuff. i thought of hiring na even before pa kaso parang nanghihinayang ako kasi kaya ko namang gawin talaga. i often think na it would be better hiring so i can concentrate of getting other clients pa kaso parang di ko rin maasikaso hehehe labo noh?

dapat ba akong manghinayang sa perang ibabayad ko? parang im too greedy to realize na mas ok kung mag hire ako paro i can focus more on the business itself... what do you guys think?

If that move will produce more profit, then go for it. It can sharpen your leadership skills

[SILENTMAX]

ryan_it

finaly found the book. its called e-myth revisited

this is a must read book. ito yung tipong dont eat for a week just to have enough money to buy the book scenario. 400-700 bucks ata at page1

if you want i could let you borrow the book. pero you have to promise against your childrens children that you will return it. :)




omeng:
punta ka ba sa net night ngayun?
pass muna ako. busy talaga tayo ngayun no? ber months na!!!
hows yoru charcoal doin? ok ba? grabe ngayun tsong demand nang coal!!! overboard na ata china in trying to find supply contracts.

o nga pala i havent rulled out mini yet. i might use it as a hedge sometime next year or next next year. observe muna ako. kamusta ba sya dyan sa may inyo ok ba?
ive talked with some ml managers. kahit din daw naman sila nag hire nang additional managers to help out. so hindi naman talaga all the time andun sila. pero still ***** ok rin ang ml kasi kasama na training sayo dun. bata pa naman tayo pwede pa tayo mag bantay nang shop kahit papano. saka muna ang mega mogul days natin.

just watched the apprentice na susubaybayan mo ba? ok rin sya tsong andun idol mo palagi nag sasabi "your fired"

[maris_blaise]

Originally posted by omeng
pareng max, pag dala mo naman ako ng pang matrona sa entrep night .. ipang-reregalo ko lang. =)

Dear friend of Entrepreneur Philippines,

Ever wondered how most of the famous franchises began?

Then join Entrepreneur Philippines' 42nd Networking Night entitled "THE REAL STORIES BEHIND FRANCHISING" on August 31, 2004, 6 PM to 9 PM at Tavern on the Square at Greenbelt 3 and learn more about these famous franchises!

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 Robert Ocampo of Max's Restaurant, Melody Mejia of United Development Inc (Nacho-Fast), and Antonio Andres of Plato Wraps to share their experiences.

Entrance is free and food and drinks are on us but since many would like to attend and we can only accommodate up to 150 guests (for the free food and drinks), please confirm your attendance at least a day before the event.

Should you wish to confirm your attendance, please send an email with subject: Networking Night with the following information (name, company, position, email) to raymond.darilag@summitmedia.com.ph. Only emails with complete info will be accepted. Successful registrants will receive a corresponding reply.

Thank you and hope to see you there!



Raymond Darilag
Marketing and Promotions Associate

i think it would be better to hire nalang. that way, you won't be too stressed with programming yourself. pwede ka nalang masupervise. plus you would have more time managing your company and getting more business. :) good luck!

[omeng]

pareng max,

i was about to go last night.. lakas ulan. sayang nga eh. pero ok lang. by the way, naka-frame na yung sa akin.. some of my friends tot that kilala talaga ako ni mr jolibee.. he he.. you should see this pare. in-edit kong mabuti. how about you? pag nakikita ko yung frame pare, para akong laging ginugoodluck.. nakalagay ba naman, "To Romy, More Power!" then signature. may drive din pala talaga. ha ha

charcoal is doing good. im concentrating in international market. yes, chinas requirement is huge pare, but they just want ordinary charcoal, that's why im not that thrilled..he he, but maybe.. since china is big, they might well get our magic uling.

mini here is doing very well men. i will attend nga this franchise loan on september 6 in makati. nanghihinayang din ako since nagbago ng business yung tinanbayan natin. kaya nga lumakas ang daily sales nila.. at imagine pare,,, may gwardia na.. he he

pag makakautang ako men, i will grab this oppurtunity. but you know what? i have this a small talk to a consultant-teacher, that sez, "don't play with the big players, create your own niche".. they will kill you soon. they will grab your money then thats it. napagdalawang isip tuloy ako. then he gave me a tip "that gokongweis have this plans to build another convenient stores in metro manila. what do you think pare? oh well.. just my idol said.. follow your instinct!

yah, i just watched it last monday.. very cool. pare ganda nung chick na napasama sa heli ni mr. trump. pag ganun pare ang chick, kahit sa bahay na lang ako..ha ha

i was thinking nga ako yung magbebenta ng "TRUMP ICE".. pare i can sell it more than 10k. selling is very simple if you just do your homework. nayayabangan ako dun sa guy na sana finire ni donald. wawa yung gurl pare.. masyado kasing emotional.

pero pare ganda talaga ng chick.. ha ha

goodluck to us again to all pinoy blooded entrepreneur!

[Krakista]

Originally posted by joben
Krakista:

I'm interested to know more about this device. Can you use this together with a PC application? It works not with a PC application. The app is actually inside the box in flash memory. You simply plug one end to your broadband and the other to your telephone set.

[SILENTMAX]

im interested to.

since broadband uses rj45 conectors can i just plug this in my swithch hub that is daisy linked to my router and use it?

highly interested. pls respond


*******************************************
so i was at powerbooks yesterday it was the last day to buy on sale my book was going to be at 20 percent of
i was going to buy "warren buffet way" this was going to be my fifth buffet book
to my dismay somebody already bough it. far worse was that it was totaly out of stock!!!

why!!! why!!! why!!!!


ah well. its good to know di lang pala akong isa mahilig kay warren buffet

[SILENTMAX]

You can download a free e-book of the guide in the site.

Yahoo! awards world's best cybercafes
Wednesday, September 1, 2004 Posted: 1342 GMT (2142 HKT)

http://edition.cnn.com/2004/TECH/internet/09/01/internet.cafe.reut/index.html

LONDON, England (Reuters) -- A San Francisco laundromat may be one of the world's most unusual places to surf the Internet but a sleek club on Moscow's Red Square is definitely the sleekest, according to a Yahoo! survey of the globe's best cybercafes.

The winners of the first Yahoo! Mail Internet Cafe Awards were published on Wednesday to mark the 10th anniversary of the world's first cybercafe in London's West End.

Among the top picks were the unusual Brain Wash in San Francisco, cited as "the height of Internet cafe cum laundromat cool" and Moscow's Phlegmatic Dog, selected as Most Stylish with its "unique combination of comfort and hi-tech."

Taking the Best UK Internet Cafe award was Cafe Curve in Brighton, southern England -- "a must for anyone who likes style, comfort, typing and keeping in touch."

And the title of the world's Most Remote Internet Cafe went to an internationally funded center in Timbuktu, Mali.

The winners were chosen by a panel of judges who considered travelers' more than 1,000 nominations of cybercafes in 111 countries. The results have been compiled in a Rough Guides e-book, available at http:/yahoo.co.uk/internetcafes.

In the decade since London's Cafe Cyberia first opened its doors in 1994, approximately 20,000 Internet cafes have sprung up in 171 countries, according to Yahoo! Mail.

"Despite the fact that home and work Internet access is now commonplace, Internet cafes fulfill the same role as they did 10 years ago," Eva Pascoe, a co-founder of Cafe Cyberia, said in a statement.

"They are the post offices of the wired generation."

[SILENTMAX]

www.dogstarbeach.ph
Location El Nido, El Nido Bay, Philippines
Open 10am–late
Cost 30p per half hour

“...Henry, their rescued pet monkey kept us
entertained while we typed our emails”

It’s a lovely set-up, a two-floor Internet café and bar, overlooking El
Nido Bay and Island.You can feel the cool sea breeze and hear the
gentle whispering waves below – so peaceful and serene.This is using
the Internet in style – in Paradise! You might never want to leave this
place. It’s so beautiful that it hurts.”

About Dog Star
As well as Internet access, you can enjoy a cold beer or fresh
coconut juice or chill out in a hammock by the consoles.You can
also hire a boat from here, or organise diving and fishing trips (as
well as book a colonic irrigation!). The café plays chilled tunes
during the day and has DJs at night.

[Krakista]

SILENTMAX, you've got PM.

[SILENTMAX]

Knowing is not enough: We mus apply
Willing is not enough: We must do
-Goethe

[ryan_it]

hello everyone!

Thanks to those who replied, gave suggestions and ideas. I just talked to my friend. He's a good programmer and he'll start working on monday. Now, i just need to buy another pc. and start with a dial up connection muna siguro.

SILENTMAX

Thanks for your offer with the book. Pero i dont want to make promises, not because i cant keep them, i dont want to lang talaga.

I've read reviews and maganda nga raw talaga yung book. I tried to purchase sa power books and national bookstore sa megamall kaso out of stock na daw. price is 1.2k ++

Id try to buy na lang din. Its a good book and i can always share them to my friends para di naman nakakapanghinayang nung 1.2k kungako lang makikinabang.

I really appreciate your offer, thanks!


As for the business im running, sana okay talaga. Medyo madami projects, some of them ideas of my own that are hanging kasi di ko rin maasikaso. HOpefully il have a lot more time starting next week.

BTW, does anyonehere know a good VB.NET programmer? I need one right now.

Thanks guys and gals!

[SILENTMAX]

Sy daughter shares father's story and 14 life principles
Posted: 3:39 AM | Sept. 05, 2004


Inquirer News Service

WHILE most lessons are best learned through example, who else is best to share them but the one who has lived by those examples.

"I would have preferred that you hear the things I will be telling you directly from him. Instead, I shall be sharing with you some things I have learned from my father ... He lives to work and work he does for many hours a day. He is still very active, often looking over our shoulders in business," Teresita Sy, eldest daughter of taipan Henry Sy, tells an eager crowd.


A conference hall at the seventh floor of the Federation Building in Binondo some two weeks ago was packed with students, businessmen, and guests who gathered to hear Tessie Sy, president of Shoemart Inc. and chair of Banco de Oro. The occasion was the second of a series of taipan fora by the Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII).

Tessie recalls how her father, Henry, came from a very humble background which drove him to make a living. He led a hard life in China and at age 12 decided to seek greener pastures in the Philippines. He put up a sari-sari store at first but wanted a better future for his family.

After World War II, he sold and imported American shoes and started opening a couple of shoe stores.

To be different from other shoe retailers, her father went on a long trip to the US to bring back shoe materials to give his products a more stylish look.

Her father then opened the first Shoemart in 1958 which he patterned after a shoe store in the US.

As her father expanded his shoe store chain, he also discovered that shoe supplies were limited and this could hinder growth of the business.

Realizing this, he expanded to apparel and accessories leading to the opening of the first SM department store in Quiapo after the declaration of martial law.

Soon after, bigger stores were put up in Makati, Cubao and Harrison. After surveying markets he found there was a bigger opportunity beyond the department store concept. A major shopping center was then built in North Edsa in 1983, and opened in late 1985 in the midst of a political crisis after the assassination of former Sen. Benigno Aquino, Jr.

"Amidst numerous warnings from people who did not believe it could be done and even thought him crazy for his plans, it turned out to be a huge success. People from as far as Central Luzon and the Southern Tagalog region were drawn to the first SM City especially on weekends," she said.

Undaunted by the warnings, Henry Sy gained more confidence by opening more malls and stores nationwide, bringing its total network to 18 to date. He also dipped his feet in banking in the late '70s with the Ayalas as partners to put up Banco de Oro as he saw the synergy in banking and mall operations.

Sy said her father had always dreamed of making a place for himself in the business world. To achieve this, he devised long-term strategies and worked "doubly hard" on his own without funds, family backing nor political connections.

Sy added that through the years, her father gathered a number of principles which he practiced and became the Sy family mantra. The mantra is a merger of Eastern and Western, Chinese and universal, modern and traditional as well as theoretical and practical ideas.

She shares the following 14 principles:

1. Strive to be a leader in your chosen field. Being a leader means being different, taking bold steps and going to unexplored places. Leadership is a skill and process which like other skills can be learned through practice. Being a leader means not waiting for motivation from others. It also means knowing and focusing on one's target and pushing oneself beyond his comfort zone.

2. Be a person of integrity. Be fair, credible and trustworthy and put a lot of weight in commitments and responsibilities.

3. Have a long-term vision and strategy. Sy said her father invested in the future and sought long-term relationships in business.

4. Focusing would mean concentrating and prioritizing. Once goals are identified, this would allow the entrepreneur to concentrate on areas of strength. Sy said her father concentrated on four main areas-retail, shopping centers, banking and leisure property development. He focused on integrating these and adding value to each area.

"He taught us that as our business grows, we also have to go back to basics and concentrate our resources in areas wherein we have a competitive advantage," she said.

5. Have a great passion to achieve. Desires set one's destiny. Sy said the stronger the will power to achieve, the greater one's potential.

She said the adversities of World War II deprived her father of quality education. He knew that education would make him go far so he pursued a college degree but had to stop after two years.

"Opportunities were open for him to see the world, hence, he had to make a choice between finishing his education or traveling to broaden his knowledge. His passion made him choose the latter," Sy said.

6. Work hard. Henry Sy told his children there is no substitute for hard work. Long before people lived by "24/7" (24 hours-7 days), Sy was used to working 14 hours a day, 7 days a week.

Sy said she and her siblings were trained to work long hours, developing the stamina that has made them work in the retail business. This had also made up for some of their deficiencies such as lack of experience and connections.

"Success will not last if you do not continue to work hard, my Dad would always tell us. If you are lacking in some aspects, work harder and longer and you may be able to catch up. If you have caught up, work longer so you can surpass your competitors," Sy said of her father.

7. Be patient and persevere. Henry Sy reminded his children that there is no such thing as overnight success nor easy money. If it does happen then it could be luck. Even if one gets lucky, he has to work hard to sustain it. If you fail, do not be discouraged. Try again as they always say.

8. Recognize opportunity. It is one thing to see opportunity, another to do something about it. When opportunity comes, you should be ready to react, otherwise it goes to someone else. Opportunity does not always come knocking. You've got to go out and look for it. Take stock of your assets, talents and resources. Pick the best opportunity you see and take it as far as you can. Don't stop until you have done everything you can do to make it happen. What others would consider as luck is a combination of opportunity knocking and being ready for it.

9. Try to be optimistic. Sy observed optimism is difficult in the Philippines. Her father's business career has been through a number of major crises in its key periods of growth. Henry Sy opened his first department store at the start of martial law.

At a time when interest rates were peaking at 45 percent in the midst of a political and economic crisis in 1983, he started building his first shopping center despite the criticism of bankers and well-meaning friends.

"He has seen opportunities in each crisis but has carefully selected the ones he would pursue. He seems to thrive on crisis and come out of each cycle stronger than ever. To this day, he remains upbeat and buoyantly optimistic that some good will come out of all the changes in the Philippines someday," Sy said.

She added that her father realized companies will face a number of crises where each Filipino has to survive and move on.

10. Be confident. A positive attitude comes with confidence. If you believe you can, you can.

11. Be disciplined. Second best does not exist. In work, Henry Sy stressed excellence in products, service and operations. He abhors waste and puts a premium on savings because of the need to be prepared for all contingencies in business, politics and personal life. He encouraged a simple life.

He also puts great value on family.

12. Build your organization. This involves working on areas of excellence-in management, products, services and operations. Operational excellence delivers the combination of quality price and ease of purchase that gives one a competitive edge.

13. Make it your mission to provide employment. In the 1980s when labor groups were militant, Sy said her father was faced with strikes.

"Initially he was quite dismayed and disappointed but after taking stock of the number of employees in our companies as well as those of our suppliers, he realized that he could not just close," Sy said.

"Instead he resolved to find a workable solution to his problems as many people would be affected if he closed down and left the country. That experience made him recognize his responsibility and his mission to provide employment," she said.

To date the SM Group has suppliers, tenants and employees of around 140,000 people.

14. Social responsibility is important. Sy said the SM Foundation believes in self-sufficiency, or giving the fisherman the rod instead of fish. SM is involved in providing scholarships for 400 students for several years, building school houses in far-flung towns and providing markets for livelihood programs, conducting medical missions and refurbishing hospital activity centers and doing mall-based solicitation.

Henry Sy also sees business to be a blend of family and professional management.

"As the business expands, he sees business management beyond family members. The family members will not be able to handle all aspects of the business. For more than a decade we have been bringing in professionals into the organization," she said.

Sy said this formula has been an inspiration to her and her family amid their humble beginnings.

In her desire to trace her family roots, Sy went to China to look for the house her father grew up in. She could not believe Henry Sy grew up in a thatched hut compared with the giant malls he has built today.

"And seeing the many large buildings he owns, wherein millions of people go everyday, it is hard to imagine that that is indeed possible," she said.

"If we have the passion and the drive and can react appropriately to opportunity that comes our way, there could be many Henry Sys," she said.

[SILENTMAX]

"If we have the passion and the drive and can react appropriately to opportunity that comes our way, there could be many Henry Sys," she said.


amen

[snop]

Originally posted by SILENTMAX
"If we have the passion and the drive and can react appropriately to opportunity that comes our way, there could be many Henry Sys," she said.


amen

As usual TY SILENTMAX,


You write one of the most insightful posts here at PEx! I wouldn't be surprised if you will become the next Henry Sy, if you are not one (in da coffee biznez) already!

STAY WELL, MY FRIEND!

Regards from wifey and yours truly - sleepless @ Redding, California!


:*)

[SILENTMAX]

boss snop:

i am nowhere near what your implying about

im so far away from my goal that it hurts to dream.

as usual i slap myself and get myself together again working smarter and harder than ever before.

i am now concentrated in only 2 things my primary business and stock investing.

[ready2go]

Hello everyone! :wave:

I agree with Max... Emyth Revisited is a must read! Jan naka-pattern lahat ng negosyo ko. :glee:

Anyway Max, when you say stock investing... do you mean the Philippine Stock Market? Kumusta so far? I've been in the Phil stock market for almost 3 years now and I'm doing okay. Bull market na ulit ngayon! Sana nga lang ma-sustain. :D

r2g :coolhat:

[omeng]

want to go big in Asia?

"Think Global, Act Local"


"Big in Asia" by Michael Backman & Charlotte Buttler

[omeng]

Be a Negative Optimist
By Brian Tracy

The most important quality for success in entrepreneurship and in life is the quality of optimism. Optimists have an unrealistic expectation of success. As a result, they are willing to try far more things without becoming discouraged. In addition, because of their unrealistically positive attitude, they are willing to persist much longer than the average person. Optimism is a wonderful quality as long as you have it under control.
Taper Your Optimism
In order to be successful in business, and in any activity where your money is involved, you must temper your optimism with negativism. You must be enthusiastic about the possible upside of the investment but you must be skeptical, critical, suspicious and demanding about all the different ways that your money can be lost.

Listen to Negative Viewpoints
Seek out and listen carefully to people who are negative towards your idea. Look for negative thinkers, because their viewpoints can be invaluable and save you a fortune in time and money. I have a friend who is a lawyer. And he recommends and gives advice to many people on investments. And what he does is this. When someone comes and they want to make an investment that he's unsure about, he says, all right, I want you to come to my office and I want you to sit behind my desk. And then I'm going to come in and I'm going to present this investment to you and I want you to critique this investment as if you were me.

Help Others to Evaluate Honestly
And he says that when his clients begin critiquing the investments they're thinking about going into, when they begin becoming negative thinkers about the investments, he says they are astonished at how bad the investments really are. He said he has saved his clients millions of dollars by forcing them to be negative thinkers about their own ideas, simply by switching roles and sitting in front of the desk while they sit behind the desk.

Keep Your Mind Open
But don't be overly influenced by negative thinkers. Just take their viewpoints into consideration. There's a famous story of Mary Hudson, who started off with 200 dollars in the middle of the Depression and leased a gas station that two men had gone broke running at two different occasions. And from that she built a company called Hudson Oil, which is now the biggest independent distributor of gas and oil in the United States. From a 200 dollar investment, even though everybody told her she would fail. So remember, listen to negative thinkers, but don't necessarily accept their advice.

Action Exercises
Here are two things you can do immediately to get these ideas into action.

First, view your idea as if you were an outside consultant. Ask, "What are all of the possible risks or flaws in this cause of action?"

Second, seek out the opinions of others. Listen without responding or defending. Thank them for their input. They may save you a lot of money.

[travy]

Originally posted by ready2go
Hello everyone! :wave:

I agree with Max... Emyth Revisited is a must read! Jan naka-pattern lahat ng negosyo ko. :glee:

Anyway Max, when you say stock investing... do you mean the Philippine Stock Market? Kumusta so far? I've been in the Phil stock market for almost 3 years now and I'm doing okay. Bull market na ulit ngayon! Sana nga lang ma-sustain. :D

r2g :coolhat:


i agree..ok *** emyth.

[Krakista]

A new and totally revised edition of The E-Myth Revisited (http://www.harpercollins.com/catalog/book_xml.asp?isbn=0887307280) will be on sale 10/14/2004.

[Krakista]

Study warns RP software sector of slower growth due to lack of financial & intellectual capital (http://www.itmatters.com.ph/news/news_09092004a.html)

[Krakista]

Just joined the bandwagon. I bought myself a copy of The E-Myth Revisited yesterday afternoon at BAMM (http://www.bamm.com).

zimdude 2 years ago introduced me to Seth Godin (http://www.sethgodin.com/sg/)'s book Permission Marketing (http://www.amazon.com/exec/obidos/tg/detail/-/0684856360/qid%3D1035332460/sr%3D8-1/103-5078757-6457409). Right now, after 2 months here in America I can see permission marketing being applied in so many ways. But its cost is much higher than that of conventional marketing. In trade shows, by accepting freebies one agrees to a sales presentation or a salesperson calling you. In computer retail shops, manufacturers do mail-in rebates and they get full information of their customers. Due to its higher cost, I think permission marketing can only be done where margins are high. Supermarket items here are typically marked up 30 to 50% here. In the Philippines, it's just around 5 to 10%.

If there's a business anyone would like to try here, it's the ukay-ukay business. One can just source used clothes by moving around and buying from garage sales in villages here and send them over to the Philippines. I actually bought ukay-ukay for the first time last week. I bought a sweater that seems never worn for a dollar. :)

[SILENTMAX]

kakrista:

i attended one like this. its by jack daniels. we were there as a club. for 1 hr of our time we were given free drinks and food

we were brainwashed about how to drink jack daniels right.


hey libre pagkain eh. syempre game ako.

[Aqueous]

hello guys!

i just started my business (1mo. old)...its a water station!

unfortunately, i did not get some of my prospective office client. any advice or proposal to catch-up my monthly expenses.

thanks in advance.

[franklin sq]

Soap making kami. Clients include our relatives, laundry biz and close friends. ROI - 2 - 6 months.

[GOwin]

@franklin
how much investment is needed for your soap making venture?

[ichi]

Aqueous, you can try supplying schools. The problem with the water station biz is its too saturated that almost every city within metro manila has more than 50, you're really fighting with lots of water stations.

[SILENTMAX]

aqueous:

try getting a delviery tricycle:

make brochures or flyers and pass it around your area 1k radious.

get some b2b transactions like banks gyms and other business establishments get sweetner offeres. market aggresively. get agents on commision and try to give them incentives when a business client signs up for 1 year.

business clients should be your target they are your bread and butter. but the residential clients should also not be neglected as they are your icing on the cake.

hope this helps pm me if you need additional help on marketing and lets trow off ideas off each other :)

[Aqueous]

silentmax, nag PM na ko sayo.

thanks!

[Krakista]

Speaking of giveaways, GM cars were given away to each and everyone in the studio audience in Oprah's season premiere.

[omeng]

pareng max, attend tayo dito

http://www.entrepreneur.com.ph/board/index.php?topic=2093.30

[SILENTMAX]

omeng: game

Surprise! Oprah gives entire audience new cars
Talk host celebrates start of 19th season with Pontiac giveaway

http://msnbcmedia.msn.com/j/msnbc/Components/Photos/040913/040913_oprah_cars_hmed.hmedium.jpg

Talk show host Oprah Winfrey sits atop a Pontiac G6 outside her Chicago studios Monday, surrounded by some of the 276 people from her audience who each received one of the new cars at the start of the show to celebrate the premier of her 19th season.

The Associated Press
Updated: 1:47 p.m. ET Sept. 13, 2004

CHICAGO - Oprah Winfrey celebrated the premiere of her 19th season by surprising each of her 276 audience members with a new car.

“We’re calling this our wildest dream season, because this year on the Oprah show, no dream is too wild, no surprise too impossible to pull off,” Winfrey said on the show that aired Monday.

Winfrey said the audience members were chosen because their friends or family had written about their need for a new car. One woman’s young son said she drove a car that “looks like she got into a gunfight”; another couple had almost 400,000 miles on their two vehicles.

Making sure the audience was kept in suspense, Winfrey opened the show by calling 11 people onto the stage. She gave each of them a car — a Pontiac G6.

She then had gift boxes distributed to the rest of the audience and said one of the boxes contained keys to a 12th car. But when everyone opened the boxes, each had a set of keys.

“Everybody gets a car! Everybody gets a car! Everybody gets a car!” Winfrey yelled as she jumped up and down on the stage.

The audience screamed, cried and hugged each other — then followed Winfrey out to the parking lot of her Harpo Studios to see their Pontiacs, all decorated with giant red bows.

The cars, which retail for $28,000, were donated by Pontiac.

“A little idea grew into a big idea,” Mary Henige of Pontiac told The Associated Press.

She added that Pontiac will pay for the taxes and the customizing of the cars.

In other segments on the show, taped Thursday, Winfrey surprised a 20-year-old girl who had spent years in foster care and homeless shelters with a four-year college scholarship, a makeover and $10,000 in clothes. And a family with eight foster children who were going to be kicked out of their house were given $130,000 to buy and repair the home.

[franklin sq]

Originally posted by GOwin
@franklin
how much investment is needed for your soap making venture?

Half a million pesos.

First started as a hobby, we then progressed to selling to friends and neighbors.

If you are into serious soap-making for profit, try to attend or have your employees attend seminars which costs about 3000 pesos each for two days - one weekend lang. Every so often, once a year maybe have quality control checks/seminars for follow-up on your site.

Having a bunch (2 -3) of laundry clients is a 'must' to make a break even profit. Without it, ROI might take 1 -2 years.

Nonetheless, soap-making just for yourself, friends and family is fun.

Good luck GOwin!

:)

[omeng]

i really like oprah. see you soon max

entrepinoy pexer join us there.

let's help our economy.

[Krakista]

I couldn't get a season to Oprah's season premiere so I did the next best thing--experience Blue Man Group (http://www.blueman.com) in uptown Chicago.

Brand Blue
By Rob Walker

After early success Blue Man Group could have cashed in (think Disney rides and blue cola). Instead, it found a way to grow without selling its soul.

When Chris Wink talks about the challenges facing his organization, he doesn't quote from Who Moved My Cheese? but rather from the Detroit rock duo the White Stripes. He points to the song "Little Room," whose lyrics run in full: "Well, you're in your little room, and you're working on something good. But if it's really good, you're gonna need a bigger room. And when you're in the bigger room, you might not know what to do. You might have to think of how you got started, sitting in your little room."

Sometimes the best management ideas are found in the unlikeliest places, and that lesson comes up often in the business that Wink and partners Matt Goldman and Phil Stanton founded in 1988, Blue Man Group. Aside from their appearance in some Intel ads, you might not know what Blue Man Group is, but plenty of people do: Its unique style of performance art is now permanently established in four U.S. cities, its first CD just went gold, and it's about to release a second this spring. The three founders manage more than 500 employees, and while they politely decline to give any financials, Blue Man Group performers put on 38 shows a week for more than 20,000 people paying $ 43 to $ 88 a ticket. So by one rough estimate, if every show sells out, that's about $ 1.4 million in revenue every week from the performances alone.

For the benefit of those who haven't seen a Blue Man show, this might be time for a primer. It's nothing like traditional theater. There's no obvious plot. The three performers are slathered in brilliant blue greasepaint and never speak. Instead they do things like twirl a canvas while spitting paint on it, creating a small work of art. Sometimes they play music by drumming on homemade instruments built from PVC pipe. They make rhythmic noises by chomping on Cap'n Crunch cereal, and in a bit involving Twinkies they split one in half with a jigsaw. It's hard to describe, but the most important thing is this--it's fun.

http://www.blueman.com/ticketinfo/chicago/criticsreviews.php?id=197_0_10_0_C

[Forbidden_Amber]

if you will be putting a computer/internet shop, is it advisable to get second hand units as a start? i am eager to get into this business but my capital is not enough so i am contemplating on this alternative....

[Krakista]

Originally posted by Krakista
I couldn't get a season to Oprah's season premiere so I did the next best thing--experience Blue Man Group (http://www.blueman.com) in uptown Chicago.
Should have been I couldn't get a seat. My mind just runs faster than my fingers. :D

[mcgyver8]

omeng, silentmax,

ok yung mga articles na nakuha nyo ah.

[mcgyver8]

baka gusto nyong i post sa

http://www.pinoybusinesscenter.com

if you have other good articles

[trizfores]

Entrepreneurship helps the economy because it opens new businesses that allows more people to eb able to have jobs. let's try to help the economy and the country! :)

[katie-girl]

hi! great thread! im a banquet officer turned pre-school teacher and im into beads right now.. it started as a hobby but now im thinking i want to start my business.. i make necklaces, bracelets, earings and bead watches.. any advice? i want to set up a boutique(kiosk like) sana in sta.lucia mall... or maybe join bazaars and expos.. help please... super thanks! :)

[GOwin]

Originally posted by Forbidden_Amber
if you will be putting a computer/internet shop, is it advisable to get second hand units as a start? i am eager to get into this business but my capital is not enough so i am contemplating on this alternative....

Yes, but only if you're not going to offer games. I have a cousin whose computer shop is only offers internet surfing, computer rentals and printing and she manages to get a monthly gross of 80k. She has computer rental competitors in the area but they all offer gaming.

Yung mga kompyuter nya ngayon, mga bago na pero hindi pa din mga top of the line (puro nga built-in ang video, lan at audio eh) pero nagsimula lang siya sa second hand units.

[SILENTMAX]

starting your week out right.
**********************************************

John Powell, A professor at Loyola University in Chicago writes about a

student in his Theology of Faith class named Tommy:

Some twelve years ago, I stood watching my university students file into the classroom for our first session in the Theology of Faith.

That was the day I first saw Tommy. My eyes and my mind both blinked. He was combing his long flaxen hair, which hung six inches below his shoulders. It was the first time I had ever seen a boy with hair that long. I guess it was just coming into fashion then. I know in my mind that it isn't what's on your head but what's in it that counts; but on that day I wasn't prepared and my emotions flipped.

I immediately filed Tommy under "S" for strange...very strange. Tommy turned out to be the "atheist in residence" in my Theology of Faith course. He constantly objected to, smirked at, or whined about the possibility of an unconditionally loving Father/God. We lived

with each other in relative peace for one semester, although I admit he was for me, at times, a serious pain in the back pew.

When Tommy came up at the end of the course to turn in his final exam, he asked in a slightly cynical tone, "Do you think I'll ever find God?" I decided instantly on a little shock therapy. "No, I said very emphatically.

"Oh," he responded, "I thought that was the product you were pushing."

I let him get five steps from the classroom door and then called out, "Tommy! I don't think you'll ever find Him, but I am absolutely certain that He will find you!"

He shrugged a little and left my class and my life. I felt slightly
disappointed at the thought that he had missed my clever line -- He will find you! At least I thought it was clever.

Later I heard that Tommy had graduated and I was duly grateful. Then a sad report came. I heard that Tommy had terminal cancer. Before I could search him out, he came to see me. When he walked into my office, his body

was very badly wasted and the long hair had all fallen out as a result of chemotherapy. But his eyes were bright and his voice was firm, for the first time, I believe.

"Tommy, I've thought about you so often. I hear you are sick," I blurted out. "Oh, yes, very sick. I have cancer in both lungs. It's a matter of weeks." "Can you talk about it, Tom?" I asked.

"Sure, what would you like to know?" he replied. "What's it like to be only twenty-four and dying? Well, it could be worse."

"Like what?" "Well, like being fifty and having no values or ideals, like being fifty and thinking that booze, seducing women, and making money are the real 'biggies' in life."

I began to look through my mental file cabinet under 'S' where I had filed Tommy as strange. (It seems as though everybody I try to reject by classification, God sends back into my life to educate me.) "But what I really came to see you about," Tom said, "is something you said to me on the last day of class." (He remembered!)

He continued, "I asked you if you thought I would ever find God and you said, 'No!' Which surprised me. Then you said, 'But He will find you.' I thought about that a lot, even though my search for God was hardly intense at that time." (My clever line. He thought about that a lot!) "But when the

doctors removed a lump from my groin and told me that it was malignant, that's when I got serious about locating God. And when the malignancy spread into my vital organs, I really began banging bloody fists against the bronze doors of heaven. But God did not come out. In fact, nothing

happened. Did you ever try anything for a long time with great effort and with no success? You get Psychologically glutted, fed up with trying, and then you quit.

"Well, one day I woke up, and instead of throwing a few more futile appeals over that high brick wall to a God who may be or may not be there, I just quit. I decided that I didn't really care about God, about an afterlife, or anything like that. I decided to spend what time I had left doing something more profitable. I thought about you and your class and I

remembered something else you had said: 'The essential sadness is to go through life without loving. But it would be almost equally sad to go through life and leave this world without ever telling those you loved that

you had loved them.'

"So, I began with the hardest one, my Dad. He was reading the newspaper when I approached him." "Dad." "Yes, what?" he asked without lowering the newspaper.

"Dad, I would like to talk with you." "Well, talk." "I mean, it's
really important." The newspaper came down three slow inches. "What is it?" "Dad, I love you. I just wanted you to know that."

Tom smiled at me and said it with obvious satisfaction, as though he felt a warm and secret joy flowing inside of him.

"The newspaper fluttered to the floor. Then my father did two things I could never remember him ever doing before. He cried and he hugged me. We talked all

night, even though he had to go to work the next morning. It felt so good to be close to my father, to see his tears, to feel his hug, to hear him say that he loved me."

"It was easier with my mother and little brother. They cried with me, too, and we hugged each other, and started saying real nice things to each other. We shared the things we had been keeping secret for so many years .

I was only sorry about one thing -- that I had waited so long. Here I was, just beginning to open up to all the people I had actually been close to."

"Then, one day I turned around and God was there. He didn't come to me when I pleaded with Him. I guess I was like an animal trainer holding out a hoop, 'C'mon, jump through. C'mon, I'll give You three days, three weeks.' Apparently God does things in His own way and at His own hour. But the important thing is that He was there. He found me. You

were right. He found me even after I stopped looking for Him." "Tommy," I practically gasped, "I think you are saying something very important and much more universal than you realize. To me, at least, you are saying that the surest way to find God is not to make Him a private possession, a problem solver, or an instant consolation in time of need,

but rather by opening to love. You know, the Apostle John said that. He said: 'God is love, and anyone who lives in love is living with God and God is living in him.' "

"Tom, could I ask you a favor? You know, when I had you in class you were a real pain. But (laughingly) you can make it all up to me now. Would you come into my present Theology of Faith course and tell them what you have just told me? If I told them the same thing it wouldn't be half as
effective as if you were to tell them."

"Ooh . I was ready for you, but I don't know if I'm ready for your class
"Tom, think about it. If and when you are ready, give me a call."

In a few days Tom called, said he was ready for the class, and that he wanted to do that for God and for me. So we scheduled a date.

However, he never made it. He had another appointment, far more important than the one with me and my class.

Of course, his life was not really ended by his death, only changed. He made the great step from faith into vision. He found a life far more beautiful than the eye of man has ever seen or the ear of man has ever heard or the mind of man has ever imagined.

Before he died, we talked one last time. "I'm not going to make it to your class," he said."I know, Tom."

"Will you tell them for me? Will you ... tell the whole world for me?" "I will, Tom. I'll tell them. I'll do my best."

So, to all of you who have been kind enough to read this simple statement about love, thank you for taking the time.

And to you, Tommy, somewhere in the sunlit, verdant hills of heaven --- I told them, Tommy, as best I could.
If this story means anything to you, please pass it on to a friend or two. It is a true story and is not enhanced for publicity purposes.

With Thanks.

John Powell, Professor Loyola University in Chicago

[Krakista]

I read lots of John Powell, S.J. books back in my teens. Titles like Why Am I Afraid to Love? (http://www.amazon.com/exec/obidos/ASIN/0883473224/qid=1095658328/sr=ka-1/ref=pd_ka_1/103-9118045-3354215) and Why Am I Afraid to Tell You Who I Am? (http://www.amazon.com/exec/obidos/tg/detail/-/0883473232/qid=1095658403/sr=1-1/ref=sr_1_1/103-9118045-3354215?v=glance&s=books) :D

[SILENTMAX]

business without advertising is like winking at a woman in the dark; you know what you're doing, but others do not.

[katie-girl]

help! can anyone give me a rough estimate as to how much i'll be spending pag pina-register ko bead businss ko? thanks!

[katie-girl]

by the way, its really not that big.. right now, im just selling to my officemates but im planning to set up a kiosk in sta.lucia mall.. can you guys help me as to how much *** initial money out ko with regards to the paperworks? :) thanks!

[rabbaddal]

Message from Filipina MBA Student:

~~~~~~~~~~~~~~~~~~~~

Hello everyone! Last time I emailed was in February-March this
year, when promoting the Annual Entrepreneurship Conference @
Harvard Business School, and the HBS Battle of the Business Plans.
(Thanks to all who attended these events!)

This year, we're inviting you to join us at GEN Philippines, and
work together with us in helping drive Philippine economic
development & global competitiveness! It's a great vehicle for you
to get involved in giving back to our country wherever you may be.

Early this year, a group of us Harvard Pinoys/Harvard alums and
professionals from the Philippines, got together to create a program
launched under the umbrella of the Global Entrepreneurship
Initiatives of Harvard Business School: The Global Entrepreneurs
Network (GEN) Philippines.

GEN Philippines has 7 program areas for Filipinos/Filipino-Americans
in the Philippines and around the world:

- Global Network Exchange
- Expertise-building
- Competition (Philippine Battle of the Business Plans)
- Global Forums (First Asia Pacific Entrepreneurs Conference)
- Incubation Services
- Global Collaboration
- Thought Leadership & Policy

Though it mostly draws leaders from among Harvard Pinoys, it's
something that we would like to expand to include all
Filipinos/Filipino-Americans/International friends of
Filipinos - who are interested in this cause!

We'd love for those of you interested to join us. I've enclosed an
article below on the Harbus (the newspaper of HBS):

http://www.harbus.org/news/2004/09/20/News/Entrepreneurship.Club.Goes
.Global-724297.shtml

We're also proud to have MIT PESO as one of our partners. We salute the MIT PESO initiative, and encourage everyone to attend Kapihan @ MIT this Saturday to hear about this exciting project!

We're quite excited that there's been much interest in Philippine
entrepreneurship and in revitalizing the economic prospects of our
country. It shows how much hope we still have for our future!
We're excited about having more and more Filipinos/Filipino-
Americans and our friends, involved in helping drive our country's
growth! DO JOIN US IN THIS BAYANIHAN EFFORT!

We hope to see y'all soon!

All the best,
Analisa Balares
abalares@mba2005.hbs.edu

xxxxxxxxxxxxxxxxxxxXXXXXXXXXXXXXXXXXXXXXXX


Entrepreneurship Club Goes Global
Launches Global Entrepreneurship Initiatives Over Summer

By Cindy Young (OD) and Christina Berta (OB)
Published: Monday, September 20, 2004 on THE HARBUS, official
student newspaper of Harvard Business School since 1937

This summer, in a move to further extend the reach and impact of HBS students and alumni worldwide, The Entrepreneurship Club of Harvard Business School launched its Global Entrepreneurship Initiatives.

Through the Global Entrepreneurship Initiatives, the organization
provides a vehicle for HBS students and alumni to help catalyze the
economic development of the world's nations through supporting and bolstering entrepreneurship at multiple levels. The Global
Entrepreneurship Initiatives is the umbrella under which numerous
initiatives to support entrepreneurship worldwide are undertaken or
seeded by The Entrepreneurship Club of HBS.

This summer, The Entrepreneurship Club seeded two initiatives led by two leaders of the club's Executive Team: The UN Global Micro-
entrepreneurship Awards (GMA) competition, and the Global
Entrepreneurs Network - Philippines (GEN Philippines).

UN Global Micro-entrepreneurship Awards (GMA)

Global Entrepreneurs Network (GEN) - Philippines

The Global Entrepreneurs Network-Philippines (GEN Philippines)
aspires to help enhance the success of Philippine entrepreneurs and businesses in the global markets. GEN Philippines is focused on
supporting Philippine business & entrepreneurial ventures, and on
generating global business opportunities for Filipino entrepreneurs
and Filipino businesses.

GEN Philippines' seven program areas are designed to inspire the
creation and development of innovative business ideas, novel product concepts, new market opportunities, and seeds for successful global businesses. GEN Philippines' initiatives provide preparation and support for the successful entry and competition of Filipino entrepreneurs in international entrepreneurship competitions, and ultimately, competition in the global markets. In addition, GEN Philippines provides a supportive, mutually-strengthening network of aspiring and successful entrepreneurs, and strengthens a global ecosystem that promotes and supports global Filipino entrepreneurship.

Led by Analisa Balares (OH), one of the Entrepreneurship Club's Co-
Presidents, and Ella Aglipay (MBA '04), Program Manager at Center
for Women's Enterprise, GEN Philippines' leadership and operating
team was assembled earlier this year, and has grown to become a
partnership between HBS students/alumni and successful professionals in both the US and the Philippines. The global leadership team includes Joseph Lacson, CFO of MSNBC (MBA '96); Joval Pantangco (MBA '04, McKinsey Southeast Asia); Ayesha Vera-Yu (VP, BNP Paribas), Gary Mensenares (successful serial entrepreneur), Victor Bande (Head of IT of the Office of the President of the
Philippines), and Noel del Prado (leading Philippine lawyer).

Success in the global markets ultimately depends on the power of a
dynamic global network. In a press briefing, the Global Leadership
Team stated: "The Global Entrepreneurs Network-Philippines is
designed to help create a vibrant Philippine economy fueled by
successful domestic and international Filipino entrepreneurship.
There are numerous talented Filipinos throughout the world whose
contributions to this cause can actually impact Philippine economic
development. We are all looking for a vehicle to contribute and give
back to our country. GEN Philippines was born because we want to
help make economic growth it happen for the Philippines, and we want
to do this now. Ultimately, this was created to be a vehicle for
Filipinos/Filipino-Americans abroad to collaborate with those in the
Philippines in working towards a driving economic development, so
that someday, the Philippines can join the ranks of East Asian Tiger
economies."

Balares underlines the importance of having initiatives like GEN
Philippines: "Beyond stimulating economic development for one
country, the GEN-Philippines model is one that the Entrepreneurship
Club hopes will be useful for other countries and regions of the
world, and which we hope other HBS students will replicate for the
regions/countries they are passionate about. In particular, access
to global networks is of critical importance for entrepreneurship to
flourish in emerging markets."
Replicating the GEN model for other countries and regions of the
world is an initiative that the Entrepreneurship Club supports. With
the goal of building an ecosystem that encourages successful global
entrepreneurship, the GEN Philippines model offers seven program
areas:

Global Network Exchange (GNE): GNE is a global network of potential
clients, investors, advisors, and partners for Filipino startups and
established businesses with the goal of creating opportunities and
value within the network.

Expertise-building (Speaker Series & Workshops): The Global
Philippine Entrepreneurs Speakers Series draws upon the network of
successful entrepreneurs and business leaders from GEN Philippines
and leading universities such as Harvard Business School and the
Kennedy School of Government, to share key insights, knowledge, and
expertise with Filipino entrepreneurs aspiring to succeed in the
global markets.

Competition (Philippine Battle of the Business Plans): Given that
exposure to international competition is key to success in the
global markets, the top winners of the Philippine Battle of the
Business Plans competition in January 2005, will be sent to
represent the Philippines in the Annual Battle of the Business Plans
at the Entrepreneurship Conference at Harvard Business School in
March 2005.

Global Forums: One initiative being organized with a partner, the
First Asia Pacific Regional Conference on September 2005 is designed to provide Asian entrepreneurs exposure to successful global entrepreneurs, and to provide a forum for discussing successful entry and competitive advantage in global markets.

Incubation Services: For winners of Philippine Battle of the
Business Plans contest, GEN Philippines offers assistance with
business incubation efforts, from legal advisory to advisory work on
commercialization and business development.

Global Collaboration: GEN Philippines is fostering the creation of
Global Teams comprised of Philippine university/MBA student teams,
and interested students from leading universities/MBA programs
abroad, such as Harvard Business School/Harvard University.

Thought Leadership & Policy: GEN Philippines is creating and
disseminating thought leadership and international best practice
pieces around critical such as intellectual property rights, and
cultural impediments/accelerators for entrepreneurship. GEN
Philippines is also playing an important role in influencing policy
to create supportive environments for successful entrepreneurship.
-------------
Conceived over the summer by Co-Presidents of The Entrepreneurship
Club, the organization's Global Entrepreneurship Initiatives
underscores the importance placed by the Club on enabling and
empowering HBS students to become catalysts of successful
entrepreneurship worldwide.

Mousumi Shaw, Co-President of the Entrepreneurship Club, comments on the importance of the Global Entrepreneurs Initiatives: "While there is a lot of entrepreneurial opportunity still present in the United States, other regions such as Latin America and Asia are ripe for new ventures. Since the internet and technology boom in the late 1990's, we've seen a heightened awareness of entrepreneurial activity, the establishment of venture funds, and a growing support network for entrepreneurs overseas. We've had several HBS graduates either return to their home countries or venture to new places, successfully establishing companies."

Shaw explains: "The establishment of the Global Entrepreneurship
Initiative really has two purposes: First, it's important for the
HBS Entrepreneurship Club to take the leadership in creating a
stronger and more official support network and resource center for
both current students as well as for alumni. Secondly, global
communities benefit from our involvement in such initiatives, as
will be seen in the upcoming Business Plan competition in the
Philippines or through the Global Micro-entrepreneurship project."

Dan Rosenberg, Co-President, emphasizes that the global initiatives
truly call on the leadership role and responsibility of HBS students
in a global society: "As the proving grounds of future world
leaders, HBS students have both the responsibility and unique
ability to share their inspiration and perspiration with
entrepreneurs around the world. Furthermore, we believe the Club's involvement in this program is a two-way street that will help Club members build new relationships and gain exposure to new markets."

Through such ventures and initiatives, HBS students now have
additional vehicles to help catalyze entrepreneurship and continue
to participate as agents of economic dynamism throughout the world.

[dac]

katie-girl

i think you will probably shell out around 10 to 13K for all the paperworks...printing of receipts etc. you can cut cost by doing it yourself but its gonna be time consuming.

but if you intend to pursue the gig for a long term thing i think you oughta do the paperworks to make it legit. besides if you hit it good, theres a couple of malls within your area you might want to expand too.

a word of caution, the bead business is kinda slowing down not unlike last year where it was really hot. knew of a few suppliers with big inventories..it may be slowing down but its definitely still in business.

[katie-girl]

super thanks for the feed back.. about the bead business slowing down, that thought crossed my mind already.. thats why im also kindda doubtful.. im thinking nga na join na lang muna me bazaars or tiangge this christmas season.. may alam ka ba na nag-oorganize? :) thanks!

[omeng]

Forbes 400: record 313 US billionaires

Bill Gates still No.1 after giving away $28 billion; Google founders make the list on company IPO.
September 23, 2004: 7:30 PM EDT



Bill Gates is once again No.1, followed closely by investor Warren Buffett. Google founders made the list on their company IPO.
NEW YORK (CNN/Money) - Bill Gates can now breathe a sigh of relief.

The founder of Microsoft Corp. (MSFT: Research, Estimates), the world's largest software maker, is still the richest man in America, according to Forbes magazine's annual list of the 400 richest Americans released Thursday.

For the first time since 2000, the magazine said, "the combined net worth of the nation's wealthiest climbed to $1 trillion, up $45 billion in 12 months." A record number of billionaires--313--was instrumental in reaching the trillion-dollar mark.
Gates' estimated wealth rose to $48 billion from $46 billion in 2003, followed closely by billionaire investor Warren Buffett with $41 billion. But the magazine said Gates' net worth did not include the $28 billion he gave away to charities over the past years. Otherwise, his combined assets could top $76 billion.

Buffett, nicknamed the "Oracle of Omaha," was the biggest dollar gainer on the list with a $5 billion net increase, Forbes said.

Paul Allen, Microsoft's co-founder, stood at No. 3 with $20 billion, down $2 billion from 2003.

Members of the Walton family, whose fortune comes from Wal-Mart Stores Inc. (WMT: Research, Estimates), took the next four spots each with an estimated wealth of $18 billion, according to Forbes.

Michael Dell, founder of Dell Inc. (DELL: Research, Estimates), and Larry Ellison of Oracle Corp. (ORCL: Research, Estimates) stood at the No.9 and No.10 spots respectively.

But tech recovery failed to revive fortunes for everybody. The magazine said Jeff Bezos, founder of Amazon.com (AMZN: Research, Estimates), is the biggest money loser remaining on the list. Bezos dropped two spots to 38 and lost $800 million over the last 12 months.

Forbes said 45 new members joined the list this year, including Google's Larry E. Page and Sergey Brin, who is also the youngest member of the Forbes 400 at age 31. The two Google (GOOG: Research, Estimates) founders tied for No. 43 with $4 billion each, after their online search engine went public in August.

One of the most prominent returnees on the list might be first-lady hopeful Teresa Heinz Kerry, whose inherited fortune from her late husband is estimated at the list minimum of $750 million, the magazine said.

And despite financial troubles at his casino and hotel business, Forbes said real estate mogul Donald Trump's net worth rose $100 million to $2.6 billion. But his ranking dropped 3 spots to 74.

Forbes also said the combined net worth of America's wealthiest reached $1 trillion for the first time since 2000, up $45 billion the past 12 months alone.

There are now 313 billionaires in America, up from 262 counted last year; it's the largest number of billionaires ever on the list, the magazine said.

The list shows California has the most resident members with 98, twice the number of the New York state, which has 49. But New York City still has the most 400 list members per city with 38, followed by San Francisco with 22 and Los Angeles with 19.

[omeng]

i think 10 -13k is too much.

kung single lang yan.. 4 to 5k is ok already.. sama na dyan DTI, BIR, MUnincipal and baranggay permit.. included narin transpo and meal diyan

[omeng]

max, kindly go here.. and to all interested

http://www.entrepreneur.com.ph/board/index.php?topic=2461.0

[omeng]

rabbaddal, are you member of this org?

[omeng]

this is really true..

"the harder i work, the luckier i get"

[ichi]

Can anyone give the name of a company that produces weaved baskets? Those Filipino baskets made of rattan or "buri"?

I am planning to export these baskets to Japan

Hoping for your help.

[omeng]

hi ichi.. nasa japan ka?

[ichi]

hi omeng! sa pinas ako :) paranaque...hehehe

[alex_yuppie]

Hey People!!!

Attend kyo sa 1st Entreplink Grand Eyeball. It's actually an event for existing and aspiring entrepreneurs where we can get to know fellow business people, share knowledge and connect businesses.

You can get possible prospects here for your businesses!!!

For more info, you could refer to the thread I just posted "Businessmen/Entrepreneurs/Yuppies/Students... You're All Invited!!!"

I'll see you all guys there!!!

[omeng]

asuz ichi, kabaryo pala kita. Tanong ko muna sa kaibigan ko kung anong klaseng basket yung product nila.

by the way, are you trader? may kaibigan ka sa japan? how about bamboo? i know a direct manufacturer too.

[omeng]

see you there alex

[katie-girl]

thanks omeng.. by the way, i wanna go sana sa grand eb.. ok lang ba yun even though i really dont have a business yet? :)

[omeng]

then go iha. its ok. just move one step forward. see you there. iba ang promise ng mayroon kang sariling business. =)

[ichi]

omeng, im half-japanese and we have direct contacts in Japan. We used to export lumber from the Phils to other parts of the world, not until the log ban took effect....hehehe

Bamboo? That I am not sure... if someone needs it, I'll just post it nalang =)


EB?... wala akong kilala dito...kakahiya...hehehe

[omeng]

ha ha.. ala ka. =)

EB.. yes be counted. i duno much of them dun. si pareng max lang kakosa ko dun.

about business, i've got some biz props to you. and japan right now is needing this product. i am just looking for the right person.

[SILENTMAX]

ey ichi r u familiar with rainbow ichi that plays ragnarok?

watashi wa kawaii des ne?

ohayo gozaimas! ogenki des ka?

[ichi]

silentmax...nope... sorry...

kawaii? chicks ka?...hahaha =p

ogenki desu =)

omeng: just pm me about it.... then ill try to ask around :)

[SILENTMAX]

pwede naman maging cute ang lalaki eh? hehehhehe


anecdote for the day;

while my grandfather and my father were in singapore on a businesstrip they were tired walking. and then my grandfather said: bakit pa natin papahirapan sarile natin. pera nalang ang palakarin natin, tera taxi tayo.




**********************************
working smarter and not harder is how you expand and grow. when youre a startup you really need to work hard and save us much as you can to build your business.

but the same is not so true when your branching out you business.

"penny wise and pound foolish" i
s one saying. it means when you think your saving money by paying less but your missing the whole picture and thereby losing more in time and efficiency

[dac]

katie-girl

what you can do for the meantime is to create a collection of beadworks. then show them around to your friends, titas etc.

that way you can get feedbacks on saleable designs and costing.

you can consign them to other people who can show them
around and them give percentages or bahala na sila pumatong, just give them discounts.

enclose your beadworks in resealable plastic pouches (around 40peso per hundred pcs) to protect them from scratches. and attach a price tag inside.

many people are joining taingge, so why dont you just supply them finished works for consignment or outright sale if your designs are really good.

that why you dont have any rental overhead to worry about.

[omeng]

ichi, arigatu gumas tuska. =)

so true pareng max. play the general.. always looking at the big picture.

[racho]

A good principle of business is to learn to employ others, so you get more work done. This is the difference between working hard earning linear income, and working smart earning leveraged income.

No matter how hard you work, no matter what business, sooner or later you can't do everything all by yourself.

That's also why, no matter how hard you work, if you are all by yourself, you simply can not compete with big businesses (or even small businesses for that matter) that hire many employees or agents or brokers.

If you work 8 hours a day, and earn (for example) 10k...
You could work 16 hours, and possibly earn 25k (including overtime).
But there's no point working 24 hours even if I paid you 500k, because you'd be dead in a few days.

So here comes, uh, Henry Sy, employs 30,000 people, and they all work 8 hours on Monday. So he gets the equivalent of 240,000 work hours, and no matter how inefficient the workers are, ... well, that's how people work smart and earn lots of money.


Anyway, btw, I'm always on the look out for sharp people who want to do something with me, like make things happen, and make a difference in their lives.. hehe.


David Racho
Mobile: 0917-838-1012
Landline: 809-3364 / 842-6649
Email: davidracho at gmail.com / david_racho at yahoo.com

[alex_yuppie]

Puna kyo sa Entreplink Grand EB!!! For more info, just refer to the events thread...

You get to meet other entrepreneurs also...!!! :)

[omeng]

racho.. that's why..

"hire good people and let them do their job."

cheers to you!

[sizzling]

Hi omeng,

how do you hire good people? i mean where do you find good people? i've hired and partnered with some "good" people - or so i thought - but i often end up disappointed. one of them even ran away after cleaning up my store's cash box =\.

[omeng]

halu sizzling.

kalungkot naman yan. but that's a lesson to learn. yung nga lang expensive. =)

i guess.. you may try this..

when hiring people, focus on EQ instead of IQ.

when looking for biz partner, look at his/her philosophy in life.

then give trust but always verify.

kudos!

[SILENTMAX]

naks!!!! galeng galeng talaga

:D

omeng "the donald" trump

[Krakista]

Hewwow everybody!!! :wave:

Now in Santa Monica, Los Angeles and on my last leg of my U.S. tour. :)

[SILENTMAX]

What makes the superrich different?

(a person un named replied)

In response to the difference of the superrich the top ten richest this year included SIX members of the Walton family - that is the ingenuity of one man and the inheritance to his family - Sam Walton just refined the art of the clearinghouse - he did not manufacture, produce, or refine any product - he merely cut out a few middlemen to undersell his competition - great idea for him...it really doesn't save me any money - however - he did the work - he should receive the rewards...

This prompts a question...Did your parents tell you that when you grow up - you are going to be average? NO! They told you you could achieve anything that you wanted - that you were going to be the best at whatever you sought. So when did you stop believing that? You started to get the mentality that the more hours you trade the more dollars you get...from your employer whose dream you are fulfilling. The entrepreneur - the visionary - you traded your dreams and your aspirations for someone elses and that is why you are average...middle class.

So why cut down the man that may seem to befriend the rich man? I don't intend to be 'middle class' the rest of my life because I am a visionary - I don't need to feed off the system and complain that the government doesn't do enough for ME...WE do not do enough for ourselves - that is why these rich people should be left alone - they got sick and tired of being sick and tired and did something about it! George W. supports those who are not lazy. I may never be in the Forbes Top 400 but I will not die without trying because I am sick and tired of being sick and tired and choose to do something for myself and my family and I CHOOSE to exercise my FREEDOM to live a better life

[omeng]

he he.. pang 74 nga lang si idol.. but one think i like is his style in negotiation.

see you at the top dude max. pareng krakista is waiting for us. =)

[GOwin]

would you work for equity?

situation: you find a group people who are in a venture that you find interesting, viable, and has the potential for professional and personal growth.

some people in this group approach you for advise and insights on stuff which you do professionally.

you don't have the dough for equity to match theirs. but you know that the advise that you give to them (for free) saves them a bundle.

questions:
how would you approach them and tell them that you are interested in joining their venture and that you are willing to work for equity in return for what i can do for them?

as a partner in that venture, how would you feel/react given the situation?

[SILENTMAX]

industrial partners happen all the time. you hace to value youre services. when you have an estimate value of your services that you will offer them then that can be transformed as value of equity to be acquired from said venture.



omeng: ma u una ***** kayo sa top ako dito lang ako sa baba laying out my hedges and stop pegs on my way papunta sa taas.

[omeng]

Hi GOwin. They said.. there are two kinds of approach. Direct and Indirect.

You may use the First to those who's into business world for a while. They prefer that kind. While the latter is for novice. So that they may not think that you are "opurtunista".

Never worry.. tanim lang ng tanim ng mabuti.. pasasaan bat mag bubunga din yan.



Pareng max, with your humble attitude, there's no other way but to the TOP. You've got no choice kumpadre'.Keep it up dude.

[missywitchy]

Our "plan" for a second business has morphed again! (The idea started as a magazine stand.... then second hand books... then somewhere along the way it become a Kikay booth selling handcrafted soaps and lotions etc....... and now it's a food stall with a Coke Slurpee Machine . How it went from magazine stall to food stall is a long story but now we are almost there. We need to finalize our product line before the end of the month.
Except for one major problem.......I still don't know where to get the Slurpee machine!!!!

Anyone here know's who I can contact to acquire a slurpee machine? Mas mabuti kung straight from coke sana. And mas preferred ko kung dealership lang sya because I don't have that much moolah to buy a machine.....

My sister already tried contacting Coca Cola pero di sya maka connect sa Sales Dept. nila.

I hope somebody here could give us some lead. We will really appreciate it.


Thanks in advance :-)

[SILENTMAX]

omeng: tama na ang pag bobolahan natin. tera tulungan nalang natin aang mga new entrepreneurs :D



missywitchy
slurpee is trademarked by 7 11. what your looking for is an icee machine. search mo sa buy and sell under misc equipment sya. last quote ko nyan 80k yung machine. basta sila mag supply syrup. meron pa ata instalments nyan. pero this was 3 years ago pa so im sure tumaas na sya.

sa buy and sell lahat mahahanap mo :)

good luck on your search!! if ever ma encounter ko ulit contact number nang icee i post ko sya dito. hope this helps

[missywitchy]

Thanks a lot. :-)

[GOwin]

@silentmaxx, omeng
thanks for the feedback.

i guess, the traditional pinoy businessman would take the indirect approach kindly, as opposed to those who have done business with the west who prefer straightforwardness when conducting business.

that's interesting coz on of their partners had been doing business in the united states, and would most probably prefer things done that way. while the other partner had been into local business.

thanks again.

[omeng]

Close More Sales - And Make More Money - By Asking Better Questions

by Jeffrey J. Mayer
_________________________________

He said: “I’ve been listening to the questions you’ve asked for the past year and have been very impressed. You appear to know what it is you’re talking about.”

Phil had come up to me during a break at a recent meeting of the local chapter of the National Speakers Association and said: “I would like to find out more about your consulting services.” I said thanks and then asked: “What made you decide to ask me to help you.”

He then said: “I’ve been listening to the questions you’ve asked for the past year and have been very impressed. You appear to know what it is you’re talking about.”

As I thought about his comments over the next few days, the importance of them “really” began to sink in:

You’ll get much more by asking people questions than by giving answers. And the better your questions, the more you’ll get.

Ask Better Questions
By asking better questions you can lead a person to volunteer the information you need. This will help you to determine whether or not he is a prospect for whatever you’re selling.

And... by asking better questions, you can identify any number of possible objections before they are even offered. For once you get a person talking, it’s almost impossible to get them to stop.

When was the last time you LISTENED yourself out of a sale?

Ask Open Ended Questions The key to asking better questions is to use one of these six magic words in each of your sentences:

Who
What
Where
Why
When
How
By doing so it’s almost impossible for the person to give you a yes or no (closed ended) answer.

Once the person answers a question, ask a follow-up one. A question that digs deeper into their needs/wants/desires.

You’ll find that when you’re able to ask a series of about 5, 6 or 7 consecutive questions you’re so deep into the discussion that you’re really discussing the “meat and potatoes” of the issues.

When you’re getting the answers you’re looking for, you’ve a LIVE prospect. When you’re not, it may be time to move on.

Ask better questions and you’ll close more sales and make more money.

"Reprinted with permission from "Jeffrey Mayer's Succeeding In Business Newsletter". To subscribe to Jeff's free newsletter, visit http://www.SucceedingInBusiness.com, or call 312-944-4184.)

[marco_1]

ako din.. gusto ko magset up magbenta ngmga cowboy boots!

[marlo_kalbo]

Originally posted by SILENTMAX
business without advertising is like winking at a woman in the dark; you know what you're doing, but others do not.

Maybe you mean,

Business without marketing?


Btw, I wanna ask you guys:

I am an insurance underwriter by profession.

What do you think of business insurance?

-Marlo

[omeng]

hi marlo.. me isang forumer in the entrep looking for a biz partner. si roncatalan. you might be interested in his offer


pareng max, naka deposit ka na ba? sure thing ka na ba sa EB?

[SILENTMAX]

registered na ata ako eh. di ko gets mag dedeposit na rin ba? hmmmmm im really really busy right now. yung napakatagal na branch out ko na na delay na katako takot na tuloy narin. so for next month wala ako social life. puro work

sure shot parin yan pipilitin ko sumama i still think this is a working social gathering (ie networking)

[marlo_kalbo]

Omeng,

How can I contact him?

Business insurance -> I insure businesses.. this is what I mean...

-Marlo

[omeng]

email him.. ronald.catalan@pioneer.com.ph or roncatalan@hotmail.com

roger pareng max.. no deposit slip no entry.. he he

visit the forum site to be updated men.

[omeng]

social life? he he

reward yourself after the hardwork men.. that's the rule of thumb in business

[SILENTMAX]

omeng: dude pare nakapag bayad ka na? sabay mo naman sakin kung pwede bayaran nalang kita dun.

ill reward myself nalang after the work. tentative opening novemeber

[omeng]

men, nagpadeposit nga lang ako eh. i will try pare. hectic din. =)

invitation ko sa opening dude.

[SILENTMAX]

cge cge tnx pero crash analng ako dun kung di ako makabayad. daanan nalang natin yan sa pakiusap.

no invitations pare punta ka nalang. i really have to open at november kasi naka pirma na ako sa contract. tatakbo na metro ko sa nov 1 sa renta.

no frills opening ako, bast ayun bukas nalang. pero pare punta ka. one to sawa internet use and the fastest internet access molino bacoor will have ever seen. 756kbps internet connection

medyo tapos na ako masonry electricals nalang then painting. still need to get the roll up people tapos yung signages. photographic na gagamitin ko. 48 sqm flr area. 24 computers 756k internet acess. and a low low price. "FISHBALLDOTCOM" "ang tipid meals computer cyber center"

[omeng]

men, pwede daw dun na lang.. see this link

http://www.entrepreneur.com.ph/board/index.php?topic=2786.0;topicseen

see you there men


pahabol: congratz dyan men.. idol talaga!

[omeng]

to ichi:

reg abaka and related stuff.. you may contact this org.. PAMBANSANG KALIPUNAN NG MANGGAGAWANG IMPORMAL SA PILIPINAS(PATAMABA)

Contact person: Ms Ethel P. DUJALI (Marketing Committee
Taytay Rizal
Mobile:09174008764
email:empoweredlady@yahoo.com
website www.homenetseaasia.org

[omeng]

www.homenetseasia.org pala =)

[SILENTMAX]

ay dude pare pahabol:

ini offer na sakin nang mini yung new branch nila sa silang. namputcha pumasa ako sa screening. hhehehehhehe sabi ko pag iisipan ko nalang muna. pero mas prefered ko dasma.

kwentuhan mo ako ulit sa mini pag punta dyan sa event nang enterplink

[ate germs]

guys, alam nyo ba kung saan may training for handbag making and design? handbags has been my fetish and if ever na i want to venture into business, siguro it would be a product of something i am fond of. i hope you guys can help me :)

[omeng]

ate germs, sa PTTC-DTI yata meron

Philippine Trade Training Centre
PTTC Complex, Sen Gil Puyat cor
Roxas Blvd., Pasay city
Tel 834.1344 to 49
email:pttc@dti.gov.ph



dude max.. i let go of mini.. sige wentuhan tayu dun

[summit012]

off topic:

To those who want to play Cashflow game, take note of this sched and
make your reservation ASAP. Only 3 slots available.

Where: Hot Cafe, along Roxas Blvd., between UN Ave. and Kalaw
When: Oct. 21, 2004 5:30pm
Contact: Mr. Ron @ 0917-8548947

Bring your own pencil, calculator & eraser.

[SILENTMAX]

ate germs:

you could also try tlrc: meron sila mga conferences nyan

also the meralco foundation i think has some seminars.

but the best resource parin is buy and sell the events conferences and seminars section.

hope this helps


boss omeng: ive also let go of mini pero na aliw lang ako na na tangap daw ako. still its upto me to to decide kung anu talaga. see you dun sa entreplink.

[ichi]

omeng: salamat sa info, ill try to contact them one of these days.
Busy, daming inaasikaso ....hehehe

[omeng]

see you tomorrow pareng max.

hope other young entrep here will join us there. =)

[marlo_kalbo]

Ngex...

C romy pala c Omeng :)

-Marlo

[lehboy]

omeng/miong nice meeting you last saturday, napabisita lang ako dito, matagal ko ng hindi napapadaan dito sa thread. Thanks for the tips sa business

[trekblazer]

haha, Sir lehboy? dito ka rin? :D

[missywitchy]

" omeng/miong nice meeting you last saturday, napabisita lang ako dito, matagal ko ng hindi napapadaan dito sa thread. Thanks for the tips sa business"

sabi ko na nga ba.... *** si omeng.... nahiya lang ako itanong kung ikaw nga yun....:-)

I was glad na pumunta ako sa entrep eb because I had a chance to finally meet you and silentmax.... two of the most helpful (in terms of giving advice and infos.) dito sa PEX.....:-)

[SILENTMAX]

Virgin coco oil exports seen to grow twofold soon
Exports of virgin coconut oil (***) could double or even triple once local product standards, which conform to food safety standards of the Food and Agriculture Organization-recognized Codex Alimentarius, are released before the end of the year.

Around 200,000 liters of virgin *** so far have been exported mainly to the United States and in limited markets in Europe, Japan and Korea at prices ranging from $3 to $8 per liter. Philippine virgin *** producers have the capacity to produce around 200 metric tons (MT) to 250 MT monthly.

Public consultations are nearing conclusion, with a third round to be held October 27 in Ormoc City in Eastern Visayas. These are expected to resolve minor issues like terminologies that should be included and removed in the final wordings of the Philippine National Standards for virgin ***, Paulo P. Mamangun, Jr., president of the Virgin Coconut Oil Producers and Traders Association said.

"Foreign buyers would now have an assurance of specific quality standards for locally produced [virgin] ***, which would entice them to source more from us," he told BusinessWorld.

Thailand and Singapore have also set standards for virgin ***, although theirs are bundled with other coconut oil unlike the Philippines that eventually would have a specific set for itself.

Virgin *** is used a health supplement and as an ingredient in beauty products.

The Philippine standards will eventually classify the process for manufacturing virgin *** whether cold process, heat process, or centrifugal process. Under the draft standards, virgin *** is defined as coming from fresh, mature kernel of coconut by mechanical or natural means, with or without the use of heat, without undergoing chemical refining, bleaching, deodorizing and does not lead to alteration of the nature of oil.

"The issue of whether cold or hot process [type of manufacturing] still crops up, but largely it has been resolved. The issue before on moisture content has been settled to 0.2% as well as of the fatty acids [content] with the standard now at 0.2% from 0.5% previously," Mr. Mamangun said.

He noted that as long as new technical data come out that may warrant a change in the parameters of the standards, the private-public sector group would consider this information before the final national standard is issued. -- R. M. Balaba

[SILENTMAX]

What's better than?
Mr. Menardo "Butch" Jimenez
UP Diliman Commencement Speech
April 27, 2003

As graduates, you are just about to set sail into the real world. As
you prepare for the battleground of life, you will hear many
speeches, read tons of books, and get miles of advice telling you to
work hard, dream big, go out and do something for yourself, and have
a vision.

Not bad advice, really. In fact, following those nuggets of truth may
just bring you to the top. But over the years, I have come to realize
that it is great to dream big, have a vision, make a name, and work
hard. But, guess what, THERE'S SOMETHING BETTER THAN THAT.

So my message today simply asks the question, What's better than…?
Let us start off with something real simple. What's better than a
long speech? No doubt, a short one. So, you guys are in luck because
I do intend to keep this short.

Now, let me take you through a very simple math exam. I will rattle
off a couple of equations, and you tell me what you observe about
them. Be mindful of the instructions. You are to tell me what you
OBSERVE about the equations. Here goes:

3+4=7, 9+2=11, 8+4=13, and 6+6=12. Tell me, what do you observe.
Every time I conduct this test, more than 90 percent of the
participants immediately say 8+4 is not 13 it is 12!

That is true and they are correct. But they could have also observed
that the 3 other equations are right. That 3+4 is 7, that 9+2 is 11,
and that 6+6 is 12.

What is my point? Many people immediately focus on the negative
instead of the positive. Most of us focus on what is wrong with
people more than what is right about them. Examine those 4 equations.
3 are right and only one is wrong. But what is the knee jerk
observation? The wrong equation.

If people you did not know were to walk through that door, most of
you would describe these people by what is negative about them. He's
fat. He's balding. Oh, the short one. Oh the skinny girl. Ahhh, yung
pango. Etc, etc, etc. Get the point?

You will definitely experience this in the corporate world. You do a
hundred good things and make one mistake. Guess what, chances are,
your attention will be called on that one mistake.

So what is better than focusing on the negative? Believe me, it is
focusing on the positive more than the negative. You do that, and
this world would be a much nicer place to live in.

What's Better than Working Hard?

We have always been told to work hard. Our parents say that, our
teachers say that, and our principal says that. But there is
something better than merely working hard. It is working smart. It is
taking time to understand the situation, and coming out with an
effective and efficient solution to get more done with less time and
effort. As the Japanese say, "There's always a better way."

What's Better than Dreaming Big

I will bet my next month's salary that many have encouraged you to
DREAM BIG. Maybe even to reach for the stars and aim high. I sure
heard that about a million times right before I graduated from this
university. So I did. I did dream big. I did aim high. I did reach
for the stars. There is no doubt it works. In fact, the saying is
true: "If you aim for nothing, that is exactly what you will hit…
nothing."

But there's something better than dreaming big. Believe me, I was
shocked myself. And I learned it from the biggest dreamer of all
time, Walt Disney.

When it comes to dreaming big, Walt is the man. No bigger dreams were
fulfilled than his. Every leadership book describes him as the
ultimate dreamer. In fact, the principle of dreaming and achieving is
the core message of the Disney hit song, "When You Wish Upon A Star."

"When you wish upon a star, makes no difference who you are; anything
your heart desires will come to you. If your heart is in your dream,
no request is too extreme. When you wish upon a star, as dreamers
do." – Jiminy Cricket.

But is that what he preached in the Disney Company? Dream? Well, not
exactly. Kinda, but not quite. The problem with dreaming is if that
is all you do, you get nowhere. In fact you may just fall asleep and
never wake up.

The secret to Disney's success is not just dreaming, it is
IMAGINEERING.

You will not find this word in a dictionary. It is purely Disney
word. Those that engage in imagineering are called imagineers. The
word combines the word imagination with engineering.

In the book, "Imagineers", Disney's CEO, Michael Eisner claims
that "Imagineers turn impossible dreams into real magic." Walt Disney
explains that there is really no secret to their approach. They just
keep moving forward, opening new doors and doing new things, because
they are curious. And it is this curiosity that leads them down new
paths. They always dream, explore, and experiment. In short,
IMAGINEERING is the blending of creative imagination and technical
know-how.

Eisner expounds on this thought by saying that "not only are
imagineers curious, they are courageous, outrageous, and their
creativity is contagious."

The difference with imagineers is that they dream and then they DO!
So do not just be a dreamer, be an imagineer.

What's Better than a Vision?

You must all have been given a lecture at one time or another about
the importance of having a vision. Even leadership expert, John
Maxwell, says that an indispensable quality of a leader is to have a
vision. The Bible also makes it very clear: "Without vision, people
perish." So, no doubt about it, having a vision is important to
success.

But surprise! There's something more potent that a vision… it is a
CAUSE. If all you are doing is trying to reach your vision and you
are pitted against someone fighting for a cause, chances are you will
lose.

The Vietnam War is a classic example. Literally with sticks and
stones, the Viet Cong beat the heavily armed US Army, primarily
because the US had a vision to win the war but the Vietnamese were
fighting for a cause.

Jesus had a rag tag "army" of 12 disciples against the pagan gods of
the mighty Roman Empire. But they were able to turn the world around
towards Christianity. How? They just did not have a vision to spread
their faith; they were truly fighting for a cause.

In the realm of business, Sony founder Akio Morita did not just have
a vision to build the biggest electronics company in the world. Read
his biography, "Made in Japan." He was fighting for a cause, and his
cause was to help rebuild his country battered by a war. His vision
to be an electronics giant was secondary.

So what's the difference between a vision and a cause? The following
VisionCause

No one is willing to die for a vision --> People will die for a cause
You posses a vision ->>A cause possesses you
A vision lies in your hands -->A cause lies in your heart
A vision involves sacrifice -->A cause involves the ultimate
sacrifice

A Final Review
• What's better than focusing on the negative? Focus on the positive.
• What's better than working hard? It is working smart.
• What's better than dreaming? Imagineering.
• What's better than a vision? A cause.
• What's better than a long speech? Definitely, a short one.

2 final points:
- "To whom much is given, much is required."
- "There is no destination beyond the reach of one who talks with
God."

[SILENTMAX]

manila circa 1974
http://www.skyscrapercity.com/showthread.php?t=139720&page=1

sensya na kd sa cross forums link pero people need to see this.

i hope someday we regain our former glory

"the farther behind you look, the farther forward you can see." -winston churchhill

[KuyaDanny]

1973 yan, Max. Naabutan mo na ba yan? Malinis pa ang hangin noon sa Makati.

[SILENTMAX]

di pa ako pina panganak nun! :D

look at the pics. parang. "bakit ang linis ata". manila ba to....

[NINA114]

Hi everyone! Grabe I just read all 35 pages!!!! Ang ganda ng thread na to... You guys, like SilentMax and Omeng are very inspiring people.

I never visited this forum kasi before and I wish I had. Anyway, I hope I can join in although I have nothing to offer.... I've always been interested in business but my parents are of the "poor dad" mindset. I remember giving them a list of business ideas when I started college and pinagtawanan lang nila ako... they encouraged me to forget it and just study hard. Well I did and I'm starting work next month. It's a pretty good salary. But I still intend to invest and have my own business(es) because I want to get out of the rat race and be financially independent. The good thing with earning income is that I have capital na to start (I was thinking real estate, then renting it out, among others... nag-bra-brainstorm pa ako).

So I hope I can join you guys... I look up to you, a group of courageous people... it's really what our country needs right now. :)

[lehboy]

grabe yung pics ang luwag pa talaga dati....

[ligtas_na_daan]

If you guys are interested with Virgin Coconut Oil, please send an email to sbt_quezon@yahoo.com -- producer kasi kami ng VCO, located kami sa Tiaong, Quezon.

[SILENTMAX]

ei ligtas_na_daan
*** rin ba yung lady at the entreplink eb last saturday?

[omeng]

i piprint ko yan poareng max. dandah sa mata. di parin ako pinapanganak niyan.. he he.. ayus yung article about VCO

hello missywitchy.. its my pleasure to meet you.very young entrepreneur. i just hope marami pa rito sa pex na gaya mo.

lehboy,. just don't stop.. slay the dragon and bring the bacon your loveones. =)

[omeng]

Hi NINA114, you may want to review for Real Estate broker exam this november? Coz I am. And im sure papasa ako.. he he.. P3300 ang review iba pa ang exam. Anyway, here's a very good article as a start up

from http://www.projectsenso.com/mod-subjects-viewpage-pageid-122.html


ENTREPRENEURIAL DEATH TRAPS
How to avoid the classic entrepreneurial mistakes

Frederick J. Beste III
Mid-Atlantic Venture Funds, L.P.
125 Goodman Drive
Bethlehem, PA 18015
(610) 865-6550

Delivered at the J.H. Cohn LLP Fall Forum
Lawrenceville, New Jersey
November 13, 1996

Not long ago a friend of mine, a successful entrepreneur, was crying o_n my shoulder. "Fred, he said to me, "when I started my company I knew I needed a Mr. Inside, and I knew a good o_ne, my friend George. I offered him 50% of the company. He'd have jumped just as quickly for 20%, but I liked the fairness feeling of being 50-50 partners.

Today, after five years of hard work, we're nicely profitable o_n $10 million of sales. We're pulling really good money out in salaries. We have every fringe benefit we can think of. Best of all, we've o_nly scratched the surface. I can taste $25 million in sales in two to three years. At that level, we'll be the undisputed king of the mountain in our industry, and making so much money we won't know what to do with it."

"Gee, Lee" I said, "I'd like to be of help, but I'm having a hard time figuring out where the problem lies."

"It's George" he said. "I went into his office last week and said to him, George, we need to get away from here for a couple of days and map out a new business plan designed to triple our size by 1999."

"And what did he say" I asked.

He said, "Gee Lee, that's nice. Right now I've got to leave for my golf lesson. I'll be back by two, however, and we can talk about this. Quite frankly, though, it sounds like a helluva lot of work to me."

"Fred", Lee said to me, "George hasn't been in here o_n a weekend in almost a year. He's never in before 8:00 A.M. anymore and never here after 5:30. We're losing momentum and I can't carry this company by myself. He doesn't want to risk the investment that would be required to pull the thing off. And being exactly a o_ne-half owner of the company, he can and does veto anything he wants. I'm going absolutely nuts."

I didn't have a good answer for him. As I was driving to a board meeting right afterwards though, I thought to myself, I'll bet that that's the tenth time in my career that I've heard this 50-50 partnership tale of woe. Why do such otherwise smart people keep doing this to themselves? After no more than an instant's reflection, I knew the answer. Because they've never been there before. Because "equal partners" seems so human-naturally fair. Boy, what a beguiling trap, even deathtrap, this has been for countless entrepreneurs, I thought.

But wait, I reflected, there's more! What about the three (or four) (or five) musketeer's death trap. Although in o_ne sense it's a corollary of the 50-50 partnership deathtrap, in some ways it's even more insidious. You know the story. Three friends decide to start a company. They split the ownership absolutely equally, they draw identical salaries, they're going to make decisions "by consensus." It's the logical, "fair" thing to do. o_ne of them (perhaps the oldest or the o_ne whose idea it was originally) reluctantly assumes the presidency because state law requires there to be o_ne.

What a recipe for failure! There are three primary problems with this set-up. First, this company has no leader, no o_ne ultimately responsible for its success or failure. Second, sooner or later a major, honest difference of opinions will arise. What do they do then? Third, the reluctant president will almost inevitably come to see himself as "a little more than equal." If they have any success, for example, and get written up in the local or trade press, guess whose picture the reporter will want? Guess whose quotes will be plastered all through the story? Guess which other two people are going to hang the article o_n their family room dart board?

The solution? Pick a CEO and treat him like o_ne. Give him the largest equity position and salary, even if they are o_nly symbolically larger. Somebody has to sit where the buck stops.

By now I was o_n a roll. There was a cardboard box lying o_n the passenger seat of my car. I flipped it over to reveal its blank bottom and started scribbling notes relating to other deathtraps all over it. By the time I reached my destination, it was covered up. I counted them. There were exactly 25. Wow, I thought. I could turn this into a speech and get invitations to deliver it in places like Lawrenceville in November! And the rest, as they say, is history.

Sadly, so are thousands of otherwise good little companies history. Entrepreneurs face all kinds of potential adversity -- some kinds can kill them, some kinds merely set them back a little. Some kinds are unpredictable, others much more so. The saddest failures that I have witnessed are the conceivably predictable, lethal o_nes, the o_nes that could and should have been avoided.

As senseless as small business deaths are which fall prey to the many-times-tripped death traps, they can be damnably difficult to avoid. Many of them appear in the form of beautiful, well-worn paths which logic, greed and even common sense might suggest taking. How tragic that they take entrepreneurs over cliffs time and time again.

To compound the challenge of avoiding such a demise, none of these paths is assuredly fatal. The important point is that they can be, and have been for many others. Each should be avoided or tempered if at all possible.

We've already covered two, the 50-50 partnership deathtrap and the three musketeers' deathtrap. Although I have put the lot of them in no particular order, the third is potentially the ugliest, because when it strikes, it is o_nly after a long run of euphoric success. For lack of a better term, I call it the o_ne or Two Customer Overreliance deathtrap.

Let's say that you own a small, young machine shop. You're limping along, hand-to-mouth, at about $50,000 of sales/month. Then o_ne day you get a call from a buyer at the largest industrial company in the county. He's in a jam. He needs $100,000 worth of aluminum housings in two weeks and his regular vendors are backed up for a month of Sundays. You meet with your four machinists. You know you're crazy but you take the job. You man a milling machine yourself and the five of you work 'round the clock and deliver the last of the housings at 7:00 A.M. o_n the deadline date. You've saved the guy's bacon. He's appreciative. Two years later you're doing $5 million in sales, $4 million of it from this o_ne customer. You're personally pulling $300,000/year out of the company and there's enough left over to fund your working capital needs. Your bank is o_nly too happy to finance your new equipment needs and your new, expanded building. (Back in the old days when you were a banker's pariah, you had to buy your original equipment used, out of your savings).

What do you think this guy's thinking? That this is risky? Hell, no! I'll tell you what he's thinking! He's thinking he's a genius, a role model, the envy of his friends. He's thinking that his major customer is damned lucky to have found him. In fact, he's thinking that their continued success is due in no small part to his talent and hard work

I mean, is this an accident waiting to happen or what? How many times in situations like this has such a buyer ultimately called and said something like, "Gee, Bob, 'fraid I've got a bit of bad news. As you probably knew (he didn't), our union contract has a no-layoff clause, and what with the recession and all, we've re-assigned 60 employees to our machine shop. We're bringing all of our machine shop work back in-house."

Bam! In o_ne fell stroke this guy's running a million dollar company with a $3 million break-even.

Now, I am not necessarily suggesting that this poor slob should have turned any of this juicy business down. What I am suggesting is that he should have been working like mad to build the rest of his business, and thereby reduce his dependence o_n this customer. What I am suggesting is that in situations like this he should have been renting used equipment, not borrowing for new, etc., etc.

How could he have been so dumb?! Simple. It surely didn't feel threatening to him while it was happening, and he had never passed that way before.

Picking up the pace a bit, here are the remaining 22.

4. "Mousetrap" Teams

A handful of brilliant scientists or engineers disappear into a basement and emerge six months later with an absolutely gee-whiz prototype that by all rights should run circles around the competition in the marketplace.

They have, in short, invented a "better mousetrap". The world, though, to their great frustration and confusion, does not beat a path to their door.

This should not be a surprise - no o_ne o_n this team has ever commercialized technology before. Doing this well is every bit as difficult and specialized as coming up with the product itself. It is absolutely critical that this talent be found in at least o_ne key member of the team, and preferably the CEO.

5. Inadequate Pricing

In my friend Bill Stolze's marvelous book Start-Up, he notes that "there is no start-up strategy more likely to fail than o_ne predicated o_n being the lowest price competitor." Adopting such a strategy is roughly equivalent to Luxembourg insisting o_n settling a dispute with the U.S. with ICBM's. I would add that the statement which causes me to lose my last meal the quickest (always accompanied by big smiles, no less) is: "We're going to have the best product at the lowest price!"

The message: Price to market. Gross margin is your best friend. It can absorb all manner of adversity with two exceptions: philanthropy or pricing stupidity (actually, in this case, the two are synonymous).

6. Insufficient start-up capital

Let's give our hypothetical founders credit and assume that they prepared a cash flow projection before their launch. History shows that 90% of the time, first year sales and gross margin do not reach expectations for whatever perverse, Murphyish reason. Both affect cash needs negatively. If each founder originally chipped in the limit of his second mortgage potential, it might already be time for the fat lady to sing.

Don't start a company if you cannot assuredly come up with more capital than you think you'll need. It's almost certain that you'll have to.

7. Failure to Look at the Downside

Some have called "spreadsheet spread" a plague. Even if it is, it doesn't often feature the forecasting of downside scenarios.

Consider, for example, the case of a manufacturing start-up. Three critical assumptions drive the cash flow projection - product development time, sales and gross margin. Most entrepreneurs tend to be overly optimistic with respect to all three. If the assumptions for the three are six months development time, sales of $20,000/month growing at 25% per month and 60% gross margin, but the truth turns out to be nine months, $10,000/month growing at 25% per month and 50%, the effect o_n cash needed would be substantial.

Looking at the downside possibilities in advance, monitoring actual performance against budget and developing fallback plans is just about the o_nly effective medicine for failed fundamental assumptions.

8. Failure to Look at Industry Norms

Most failed entrepreneurs claim "undercapitalization" as the culprit. More often the truth is that performance did not match the capitalization available. Overoptimism in a different form is the villain again.

With minimal effort you can learn (via trade journals, annual reports, Robert Morris Associates' Annual Statement Studies, etc.) whether your industry is closer to a 30% or a 55% gross margin business; or whether its top performers earn 4% or 18% pre-tax. Counting o_n industry-unrealistic performance has drained many an initial capitalization.

9. Lack of focus

A new venture's most precious resource is talent. Doing o_ne thing well from scratch is an enormous challenge. Tackling three or four at o_nce is inviting across-the-board mediocrity or worse.

Carefully sort through your opportunities before you start. Focus o_n the marketplace and the competitive environment. Then pursue the daylights out of the best of them.

10. Bringing o_n the Vulture

The bad news is that while all money is green, it is not all equal. There really are vulture capitalists out there, and they don't all work for venture capital firms. They're obstructive, controlling, heavy-handed and mistrustful.

The good news is, there are also investors out there who are gems - experienced, connected, constructive, supportive - and they don't all work for venture capital firms, either.

How can you tell a jerk from a gem, before the fact? Do two things. o_ne, ask around among the service providers - the lawyers, the accountants, the bankers. They know who the good guys and the bad guys are. Two, ask for as long a list as exists of references of CEO's of companies that firm or individual has backed, after which, call them and grill them mercilessly.

11. First Class from the Start

Show me a start-up in fancy space with lots of glass and chrome, all new furniture and equipment, and a management team drawing salaries at least equal to their old o_nes, and I will show you a prescription for failure. This is analogous to throwing a graduation party for yourself in the first semester of your freshman year.

Most of the best entrepreneurs I've seen have had an uncanny ability to spend a nickel in six places. They not o_nly know that cash is, to use my favorite cash flow phrase, more important than their mother, they also realize that lack of cash is death. They part with it o_nly when it makes a true difference, o_nly when it stands to directly impact their objectives.

12. Inappropriate Distribution Path to Market

Sales reps are the most appropriate distribution path for start-ups, because there are no costs until and unless they sell something, right? Maybe they are, and maybe they're not, but certainly not for the reason cited. And the real danger is that word "unless", as there is nothing more expensive than no commissions owed because no sales were made. There are dozens of nuances to using reps, and for some products (big ticket, high-tech products, for example), sales reps are flat-out ineffectual.

In a similar vein, I have hardly ever seen a business plan which did not highlight how trade show attendance and trade journal advertising would lead to worryingly high backlog (this is the "if they see it, they will buy" theory of sales). Short of Microsoft-sized budgets for these, I have never seen them meet expectations. The keys to the marketplace almost always lie elsewhere, and are usually nowhere near as expensive.

13. Emotional Litigation

It has been said that a lawsuit is a machine which you go into as a pig and come out of as a sausage. I am virtually allergic to litigation, and especially small business litigation. Justice is all too often not done. I have seen too many, multi-year, multi-hundreds of thousands of dollars, bile-producing, emotionally straining, outrageously distracting lawsuits end up with all parties agreeing to drop all actions out of acute, mutual frustration.

I am not suggesting that there aren't circumstances where litigation should be pursued. What I am suggesting is that the vast majority of the time entrepreneurs would be better served by biting their tongues hard, settling out of court and getting o_n with building their businesses. This is not easy to do when you've been wronged! But before you decide to bring a legal action, talk to some peers who have been through the experience. The horror stories are out there in abundance.

14. Product Never "Ready" for Market

It's time to pick o_n the scientists and engineers again. Some just won't show their baby to the world until it's perfection itself.

This is an unattainable goal. Technology evolves. There is always an improvement that can be made, a bell or whistle that can be added. When you've developed your product to the point where it represents a clearly superior choice, freeze the design and hand it over to the sales force.

15. Low Barrier to Entry Growth Industry

Video retailing, oversized chocolate chip cookies and quick change oil franchises burst o_nto the scene virtually overnight. In each, there has been a tremendous shake-out of Johnny-come-slightly-latelies. CD-ROM-based multimedia products are prime candidates for being next.

If industry visibility is high and barriers to entry low, the growth rate of supply will in all probability exceed the growth rate of demand all too quickly.

16. Inadequate Market Research

A book could be written o_n this phenomenon alone. Suffice it to say that a failure to do adequate market research, including getting out into the marketplace and talking to at least a dozen prime customer targets before committing to a product strategy, is asking for trouble.

17. Failure to Segment Market

The U.S. tent market is $100 million. You plan to sell high-end backpacking tents and expect to be shipping $5 million worth of them in five years. All you have to get is 5% of the tent market, right? No sweat, piece of cake.

Wrong. o_n closer inspection, o_ne discovers that circus, funeral and special event tents make up 30% of the tent market; moreover, the military represents 20% and backyard family tents 20%. Finally, the two largest backpacking retailers, representing 20% of the market, own captive suppliers. That leaves 10% of the $100 million. The truth is that your falling-off-a-log $5 million sales objective represents 50% of the actual, segmented market.

18.No Reason for Customer to Change

The best entrepreneurial efforts I've seen have flowed from the development of a competitive matrix, i.e., a comparison by vendor (competitor) of all of the major factors which buyers consider when making a purchase decision. If, in reviewing such a matrix, you cannot reach the conclusion that any fully informed buyer would be crazy not to seriously consider purchasing your product, the buyer has no reason to switch to you....and probably won't.

19.Payback Can't Be Calculated

If you intend to sell your product o_n the basis of cost savings, make sure that these savings are clearly calculable. A claim of raw material scrap reduction can be demonstrated up front; o_ne that promises to reduce employee back injuries probably cannot. The latter is a much tougher sale than the former.

20. Failure to Admit a Mistake

Psychologically, o_ne of the most insidious death traps is the o_ne which might be titled "we have too much invested in this initiative to walk away from it now" - in other words, the good money after bad judgment. For all kinds of reasons (fear, ego, etc.), these judgments are tough to make objectively.

The appropriate mind-set for looking at such situations is as follows:

* To date, this has been a major disappointment.

* At some point, the level of exposure could become so large as to threaten to take down with it the healthy part of the business.

* Most importantly, the money invested to date is gone - our cost basis is zero!

* The appropriate question to ask yourself is, "Would we invest the needed funds in this project today if it was presented to us as a fresh opportunity?"

21. Step Function Growth

Every o_nce in a while I see a venture which is doing so well that sales grow by leaps and bounds for long periods of time. When such a happy event occurs, it is altogether too easy to succeed o_neself into bankruptcy. So many things can get out of control - credit checks, hiring, customer service, quality control, etc.

If business ever gets so good that you feel out of control, you probably are. Step back, take an objective look at things and adjust accordingly.

22. Betting the Ranch

Contrary to legend, great entrepreneurs are not high risk takers. They are not afraid to take a moderated risk which is largely within their control, but they would never bet the ranch, whether o_n an acquisition, new product or anything else. They will not risk all that they have, even for what appears to be a "sure thing." It is amazing and frightening how a "great opportunity" can quickly grow to need three times the cash flow generated by an old, "cash cow" line of products.

23. Ignoring the Handwriting o_n the Wall

Holding o_n to old ways, continuing to rely o_n original, bedrock assumptions in the face of mounting evidence to the contrary, can take a healthy company down in an amazingly short period of time.

Some years ago the stuffed toy industry began to quickly shift to offshore production in order to reap the benefits of low wage rates. A previously successful domestic manufacturer reacted to its eroding market share by cheapening its line, thereby reducing product quality and image, while addressing the wage cost differential o_nly marginally. Needless to say, this did not produce the desired results. Ultimately the firm admitted the inevitable and redirected its efforts into other areas, abandoning stuffed toys for good.

24. Spiraling costs

As you expand from garage-quality space to an industrial park, as you finally hire that chief financial officer, as you install the new computer system, as you bring o_n additional production equipment, your break-even level will creep, maybe even gallop, inexorably higher and higher. While none of the above is frivolous, any or all of them could subject you to the risk of losses in the event of a downturn.

Particularly if you are in a cyclical and/or recession-sensitive industry, build your various infrastructures very calculatingly. Develop fallback plans well before you need to implement them.

25. Silliness phase

Now we come to the frivolous! While few small companies ever get to the far (company jet) edge of the silliness phase, lesser gluttonies can produce the same effect. "I really need my own secretary now that we're o_n top of the heap." "If ABC Corporation can afford leased Mercedes and country club memberships for their execs, we surely can." "This place needs some decent art o_n the walls - in fact, it needs some serious interior decoration attention."

Beyond the obvious non-productive costs of this disease, its most insidious characteristic is its primary side effect - it inflicts major damage to workforce morale and management energy, sharpness and desire.

As you go about building your business, keep this list in mind. It may sound strange, but you can't succeed if you don't avoid failure. Entrepreneurial human nature is to just play offense; but even in business building, defense is critically important. Avoid making these classic mistakes and you can be assured that you have substantially increased your chances of winning the game.

[marlo_kalbo]

That last one was a good read...

-Marlo

[NINA114]

hey thanks for the tips... very useful, especially for a beginner... :)about your suggestion, where do i get information about the real estate broker exam? is there a school/company that gives the review and how do you apply for it?

[omeng]

exam is on nov 28

review for this is on nov 8 - 22 (m - w - f )

6pm to 9pm

Pasay Makati Realtors Board Inc.

fee: 3,300 - review only

veneu: AIM paseo de roxas makati

tel no. 8930585

email: pmrb@broline.com

[NINA114]

thanks omeng! :)

[omeng]

my pleasure. =)


todays quote:

"action defeats fear"

[jazzy]

Hello guys. Just had a thought on online portals and e-businesses in the Philippines. Do you know any info on them? How are they doing and which are top e-companies?

Lastly, how do business like yehey.com and pex earn a profit? or do they really earn? :D

Thanks!

[omeng]

pareng max, just watched last episode of the apprentice. damn! ganda. the guy deserve it. its a battle between textbook guy and real entrepreneur.he he

from donald:
"Start small. The smaller the project, the smaller the mistakes."

very sensible indeed!

[SILENTMAX]

Filipino idol
CRAZED By Patricia Chanco Evangelista
The Philippine STAR 10/22/2004

I went to London last May to represent the Philippines in the
International Public Speaking Competition. I gave a speech that celebrated
the Filipino identity, telling the world that being Filipino is something
that must never be denied.

When I competed in the local eliminations, they gave us the topic "A
Borderless World." It was inevitable, at least for me, to speak about the
Filipino Diaspora. It?s true, I was out to win, and I used a feeling that
is very much alive in the Philippines today: condemnation.

We have a family friend who used to be close to us. She and her family
sent all their kids to America ? to a better life, a better future. It
hurt to have them leave, but people are entitled to their choices. They
came back a couple of years ago. They invited us to dinner, and so there
we were in their living room, along with their brand-new furniture and
50-inch flat-screen TV. The adults started talking about the Philippines ?
at least our old friend did. She said that she is glad, so glad, that her
children have been saved from this god-awful country of ours. A country
with awful politics, awful places, awful traffic, awful, awful people.

I?m a Filipino. I?m one of those "awful" people. And I was outraged.

I didn?t say anything then. What could I say? But when the competition
gave me the platform to speak about a borderless world, I spoke ? I said
everything I wished I said years ago. I was like a madman on a soapbox, I
condemned the Filipinos who chose to leave, said they deserved to be
pushed down the road to hell on a handcart. Traitors and turncoats, I
called them.

And I won ? obviously not because of content. Sabi ko nga, angas, kaya
minsan. Sometimes confidence can save the day. I still blush when I
remember what happened.

In London, I didn?t win on my own. I was lucky enough to be under the
tutelage of some of the best minds in the country. Great writers like Krip
Yuson, Gemino Abad, Butch Dalisay, Boo Chanco and Ed Maranan, along with
former ambassador Ed Espiritu took me under their wing. They never told me
what to do or say ? I would never have said what I did in the finals if I
didn?t reach that conclusion on my own. They asked me questions, listened
to what I said, and opened my eyes to a less narrow and more holistic
perspective.

I almost didn?t go to London. Money is tight, and asking for government
support at a time like this is difficult, close to impossible. However, it
is a wonderful thing to have corporations such as Shell Philippines who
believe in giving back to the country. They sent me to London with a
ticket, a smile and a "good luck." Like I said, I was lucky.

With the support of so many people, family, friends and the grace of God,
I won. Hey, I?m Filipino.

I went home with cameras at my face and questions like: "How does it feel
to put the Philippines on the map?" I was 18, and I have to admit, I was
thrilled. I?m not the first Filipino to win, and I?m not going to be the
last. But unlike a lot of winners, I have something else going for me. My
mentors and relatives are some of the most prolific writers in the
country, and they made damn sure people knew what I did. In other words, I
have built-in publicity. Cool, huh?

The other day, I was reading the paper and found the story of an
11-year-old girl named Faye. It was a paid ad by Bread of Life Ministries.
"Unknown to her countrymen, this 11-year-old girl brought honor to the
Philippines. She represented the country two weeks ago in the
Intercontinental Science Quiz Net in Australia. Out of 57 countries
represented, Faye garnered first place for the Philippines. Germany came
in second, the United States came third."

Faye?s story is an extraordinary one. Given financial constraints,
especially since her mother was raising Faye on her own, they went to
various congressmen for aid. Only one was willing to help them ? in
exchange for the senator taking credit for the child?s former achievements
(and there were many). Her mother did what any self-respecting mother
would have ? she refused.

Mother and daughter went to Australia by dint of their own savings. They
collected her "Best in Physics" award in Brisbane and moved on to Sydney
for the Quiz. They were aided by none other than a "kind" Filipina on the
plane, who very kindly stole their luggage, passports and plane tickets,
leaving the pair with carry-on luggage. They sold their clothes for food,
and begged for help from Filipino officials. They were given an overnight
stay in a hotel, but no more. They had to check out the next day, and with
no money for transportation, they walked the two kilometers to the
tournament site.

They were shocked by the sight that faced them. Each competitor had his
own cheering squad, a band and a flag. Young Faye had no one other than
her mother. In the final round, Faye was the only Asian left competing ?
and was cheered on to victory by her fellow Asians ? the Japanese. It was
a Japanese diplomat who helped them secure temporary passports, with the
prize money only sufficient to bring them back home.

It is tempting to blame everything on a country that claims it is looking
for heroes and does not acknowledge them. The article draws parallels to
Jasmine Trias? victory?why give the Hawaiian winner of America Idol the
red carpet to Malacaqang, when a homegrown 11-year-old girl went through
hell and high water to bring honor to the country? After the Southeast
Asian Games, there was no one, not a single member of the National Sports
Commission to receive our athletes. True, they did not win ? but they
faced their competitors with a dignity and a skill that befit Filipinos.
They too represented the country.

It is tempting to revert back to the old Filipino condemnation. Awful
politicians, awful government, awful people. But it would not be fair.
Faye herself said, in spite of everything, "let us love our nation, for no
one else will." Brave girl that.

I was lucky to be at the right time and the right place, to have the
support of so many people, bringing me the opportunities I have today.
Some people are not so lucky. I do not deny Jasmine Trias? moment in the
sun. Her talent is as real as anyone else?s and we Filipinos love the
glitz and glamour of spotlights and cameras. Yet her success has drawn a
stark contrast to those who have succeeded yet were not recognized.

Butch Jimenez, one of the greatest speakers I have heard and another of
those people who see the value of giving to the country, gave a speech to
the graduates of UP Diliman. He said that there?s something better than
having a vision: it?s having a cause.

I found my cause. I was lucky to get the attention. I am grateful for the
recognition. I am honored by the chance to speak my mind and to influence
people. I cannot say that enough. Helping this one girl, and others like
her will be my cause. It is disgraceful for such victory to go unnoticed.
One article may not make a difference, but it?s a step.

For all those times that no one said it, I say this now.

Faye, congratulations. You did the country proud.




****************************************************
"let us love our nation, for no one else will

[SILENTMAX]

kinda makes you think that if in the real world what would be more important an mba degree(from harvard no less)

or experience in the streets as an entrepreneur

[Krakista]

Originally posted by omeng
from donald:
"Start small. The smaller the project, the smaller the mistakes."
He also said: As long as your going to be thinking anyway, think big.

[omeng]

have you been in his recent seminar pareng krakista? =)

dude max.. what about that car? dang!

[omeng]

from my mail.. good to read

GREAT Tips for the Entrepreneur Selling a Service.
Are you differentiating your business so that prospects both
notice and remember you? If not, you're in trouble.

* * * * * * * * * * * * * * * * * *

Differentiate or Die

When you fail to differentiate, you never get the degree of
attention you want for your services. And even if you do get
attention, you are easily forgotten in the mass of other
professionals scrambling for a piece of the pie.

But how to differentiate your services in such a way to get noticed?
Here are some examples of clients who have found ways to
differentiate themselves, making them both memorable and successful.

Differentiate Your Market

Ann Peckenpaugh has been an executive recruiter for more than
twenty years. When she started her own firm she decided to focus
on a market that everyone else had ignored. She recruits exclusively
for companies wanting top-notch directors on their executive boards.

Her company, Board Search Partners, now "delivers directors with
the skills, the passion, and the will to make your board extraordinary."
Because no other search firm specializes in this one area, she stands
apart from the crowd.

Is is working? Ann informed me last week that she had just
landed six new searches!

Differentiate Your Problem

Dike Drummond offers training and consulting services on running
more effective meetings. What sets him apart is his problem-
oriented message. On his home page you'll read the headline:
"Are Poorly Run Meetings Destroying Your Productivity?"

His opening paragraph reads: "Remember the last time you were in
an ineffective meeting? You were squirming, frustrated, nothing
was getting done. No matter what business you are in, poorly run
meetings waste time, money and energy and can destroy
your teams' ability to be productive."

The powerful thing about focusing on problems, issues, concerns,
and challenges is that they hit a nerve that everyone can
immediately relate to.

Dike realized that his clients would respond better to this initial
message than to a bland description of his training programs. He
took the focus off himself and put it squarely where it belonged:
on the client.

Differentiate Your Expertise

Steven Van Yoder wanted to find the best way to offer writing
services to businesses who needed more exposure.

We settled on an area that most small business owners had no
experience with - getting exposure in magazines. Steve
developed a service writing articles for clients and getting them
printed in industry trade magazines.

Now the author of "Get Slightly Famous," an excellent book on
getting your name out there through the written word, Steve has
developed a reputation for being a top expert in a very specialized
market.

Differentiate Your Results

Stan Russell offered a high end counseling/coaching service
designed to help people break through major issues in their lives
- from relationship problems to phobias.

Stan used to charge a per-session fee for his services, but wasn't
satisfied that people were getting the maximum value. He decided
to package his services and promised, "Come to me with any issue
that you want to resolve and I will resolve that issue completely
in four or five sessions." For this service he charged in the range
of $2,500.

Because Stan promised (and delivered) on a specific result, he
was able to charge 5 times what other counselors/coaches were
charging. Not only that, his clients were very satisfied with his
services. He even offered a money-back guarantee.

Differentiate Your Approach

Joe Meissner offered outplacement services in San Francisco in
the 1980's when outplacement was psychologically-based. The
philosophy was that if you got fired there was something wrong
with you. Much of the service was focused on "fixing you" to
make you more attractive to the job market.

Joe had a different model. He believed that in the environment of
mergers, acquisitions and downsizing, people got fired through no
fault of their own. The approach he felt made more sense was a
marketing one. He called his company Power Marketing - The
Outplacement Alternative. In head-to-head competition with the
psychologically-oriented firms, he won contracts left and right.

Now outplacement firms widely use this marketing model. By being
ahead of the curve, Joe grew Power Marketing into a million
dollar plus business in a few short years.

These are just a few of the ways you can differentiate your
business.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Marketing Flashes on "Differentiate or Die"

How do you start to differentiate yourself? Kick your creativity
into high gear by using the five approaches outlined.

* Differentiate Your Market - Can you specialize in a very
specific market segment? What industry do you know the best?
What networking opportunities does it offer? Can you write and
do talks for this industry and stand out as an insider?

* Differentiate Your Problem - Do you solve a sticky problem that
everyone else has ignored? Can you hit a nerve with this issue or
challenge? Perhaps your competitors are missing this problem
altogether. What cries to be solved?

* Differentiate Your Expertise - What do you know more than
anyone else? What can you do better, faster, more elegantly?
Again, speaking, publishing and writing an eZine or newsletter to
highlight your expertise will make you stand out.

* Differentiate Your Results - Can you promise to produce results
that others would be reluctant to? What can you guarantee? How
can you remove the risk of using your services by taking on the
risk yourself?

* Differentiate Your Approach - Do you have a model, approach
or methodology that makes you more credible, more valuable?
Can you back it up with research and results?
If so, get the word out at conferences and in industry journals.

Taken from Today's issue of SALES TIPS.
To Subscribe For Free SALES TIPS, send a blank e-mail to:
HarryPound-Sales-Tips-Subscribe@yahoogroups.com

[jpasc]

Nice tip omeng.

Thanks

[Krakista]

Originally posted by omeng
have you been in his recent seminar pareng krakista? =)
Nope, sa panahon ngayon, mga seminar na yan may halong kampanya sa pulitika. Hanggang sa lobby lang ng malagintong Trump Tower niya ang inabot ko. :D

Here's an old saying about a differentiation: If you can differentiate a chicken, you can differentiate anything else.

[omeng]

he he. propaganda ba. =)

[omeng]

patalastas: pasencia na po sa mga young and not but oldies entrepreneurs here at pex for my heart really goes to this kid and her mother.


Misplaced Priorities can Mislead a Nation

"He who can take no interest in what is small will take false interest in what is great." John Ruskin Jasmine Trias visited the Philippines very recently.

Everyone was agog waiting to welcome her. The excitement was remarkable as the media and many of our "kababayans"flocked to the airport to see her. This scenario is typical of Filipinos. Sadly, it reflects our country's misplaced priorities.

Contest of the Mind.

Another young girl came back to the country just a couple of weeks ago. Her name is Faye (not her real name for very sensitive reasons).

Unknown to her countrymen, this eleven year old girl brought honor to the Philippines. She represented the country in the Intercontinental Science Quiz Net in Australia. Out of 57 countries represented, Faye garnered First Place for the Philippines. Germany came in second while the United States came in third.

In stark contrast to the hooplah extended to Jasmine Trias, Faye's arrival did not make any noise. Not a peep.

In an earlier competition, "Mathematics for the Young Asians" in Indonesia, Faye also came out in the Top Five. But just like the Australian event, this feat did not receive any recognition in our country at all.

Our interests seem to be set on other "priorities."

We are more interested in promoting celebrity guests instead of educational and intellectual pursuits. Indirectly and quite obviously we are teaching our children that development of the external image takes priority over educational achievement.

Faye's story is inspiring. She comes from a broken family. Her father falsely claimed that he was unmarried when he married her mom. When her mom found out, she decided to raise up her daughter alone.

Despite the difficulty, Faye in no way used it as an excuse for complacency in her studies. In grade school, she was a consistent honor student. She took every academic requirement as a challenge. And she delivered. At one time, she submitted a project thesis in Australiathat won "The Best Physics and Science Award". The award qualified the Philippines to be one of the top 10 countries that would compete in Australia, among the 57 countries that joined.

Considering her family's financial constraints, she and her mom asked help from our government for their trip to Australia to claim the "Best Physics" award and to join the Science competition. They saw this challenge as a rare opportunity offered to Faye and her country, considering that only two Asian countries qualified - Japan and the Philippines. Unfortunately, our government had other priorities.

Mother and daughter then tried to ask help from individual senators and congressmen. All turned them down except for one who was willing to help, on condition that Faye should give public credit to the senator for supporting her even in the earlier competitions she joined. Out of integrity, the mother could not accede to this arrangement. Thus no outside help was found.

Faced with this situation, Faye and her mom took out all their savings and went out of their way to secure by themselves the additional finances needed. The only driving force behind them was their desire to give honor to God and to the Philippines.

With the little resources they had, they went to Australia on September 17, 2004 for the competition.

They claimed the trophy and cash award for the "Best Physics" thesis Faye submitted in Sidney and then flew to Brisbane for the quiz competition.

No kababayan welcomed them in Australia except for a kind Filipina they met in the plane who assisted them.

As they were checking in at a hotel, the "kind" Filipina who volunteered to help them disappeared taking with her Faye's and her mother's bags, passports, and plane tickets. At that point, they literally had nothing left except for the few pieces of clothes and their faith in God. They had to sell the extra clothes left to be able to buy food.

In need once again, they sought help from some of the Filipino officials in Australia but to no avail.

Oddly, the Filipino officials there were too busy with other priorities, not minding to help a young girl and a mother who had no other desire but to bring honor to our country.

Given a budget for only a one night stay at the hotel, mother and daughter had to check out the following day. Leaving their luggage on deposit and without money for transportation fare, they decided to walk two kilometers to the competition venue on their native Filipino costumes.

If walking a two kilometer distance was bad enough, how much more would be walking the distance on their native costume along the highways of Australia!

Upon arrival at the competition site, Faye and her mom were very surprised when they discovered that the delegates from each of the other countries were well supported by a band, a cheering squad, and a flag, while Faye only had her mother and the anxiety of lost passports and plane tickets. Worse, representatives of each country were required to decorate their booths.

With only the three-piece costume they had on, Faye and her mom were even more surprised when the organizing committee awarded their booth as "The Most Creative" booth.

In the early part of the competition, Japan, Brazil and Spain were eliminated. As the only Asian country left to compete against six Western nations, the Philippines was cheered on by Japan. Faye was encouraged by her Japanese cheering squad, but in her heart, how she wished that she had her own countrymen to cheer her on.

When Faye finally won first place and Philippines national anthem was being played, she prayed silently thanking God for making her a Filipina. Despite all the painful experiences she had with her country, her priorities did not waver. A Japanese diplomat was the one who helped Faye and her mom to secure temporary pass so they could return to the Philippines. The money they won was just enough for their fare back home and their temporary passport.

When Faye was relating this story before a crowd, she said, " Let us love our nation, for nobody else will."

Faye did not allow her painful experiences to tear down her loyalty to her country. She is not a celebrity but a servant out to serve her fellow Filipino.




Sadly, we are far from the precept of this truth. It is no surprise then that we have a dearth of real leaders in this country-leaders who would set the nation's interests above their own. In the same way, our concept of citizenship is damaged. Those seeking for social good for themselves are never willing to grant the same good to others.

Hence it is common for us hear stories of Filipinos who take advantage of their fellow citizens. We want to be served, but we are unwilling to serve.

We dream of becoming like Jasmine Trias. We want our children to be like her. We would rather spend on things that would make us look good instead of things that would make us grow in character. We prefer stardom glitter over service-oriented endeavors.

Quite the contrary, Faye spend sleepless nights studying to win the competition because she knows her priorities. Unlike Jasmine Trias, Faye did not receive a hero's welcome when she cam back, but, young as she is, she keeps calling on Filipinos to love the Philippines because every Filipino is a valuable gift of God.

Life, really is not a matter of intelligence but a matter of setting our priorities right. The question is, what's our focus on "grand" things that make us superficial or on simple things that lead us to greatness?

Faye's story reminds us all to look within ourselves.

This eleven year old girl could have complained to the media, but she did not. She went out of her own small way to bring greatness to this land.

Right priorities grant us wisdom. When properly set, priorities point us to the right people we need to invest in, the right use of our energy, the right resources to draw from, and the right endeavors support.

From the words of Faye's mother, " We all wanted to win, but success is not measured through by merely winning. It is measured through our hearts, if it is truly attuned with God all the time. It is all that really matters for we have only an Audience of One. "




my piece:
I am really bothered by these two giant tv network. It's purely business. They have this great power to uplift the lives of our kababayan but they do nothing or if they have, so much little. They prefer to give nonesense telenovela, anime, teenstruck, tsismis.

channel 2 have this "kumikitang kabuhayan" once a week. The timeslot of this is very early. 5am! Damn! Who can and will watch that? And look, what's in their news? "Ama, tumalon sa tulay kasama ang anak".. and it's running for about thirty minutes or more, especially when our mr. dela cruz have this unfortunate experience in iraq. How pathetic and very tabloid. A lot of Good news is happening in our country, why can't they broadcast and then sensationalize it? Funny thing, "bente kwartro oras di natutulog ang balita." haleer??? I pitty them. Trully.

And instead of promoting our own, jasmine chose MCdonald instead of Jolibee. How very Filipino indeed. As what she said "Love ko'to".

Maybe, just maybe.. they are not trully filipino.

And one thing more, if we could just erase this ... "filipino kasi" mentality. I mean, when we see a filipino doing a bad habbit, like "nagtapon ng basura kung saan-saan, umihi sa tabi-tabi, umutang tapos wala ng bayaran, etc. we will tell to ourselves, or sa "katabi" natin.. "Filipino kasi".

It's not true. Filipino have this good character since spaniard came here. We have this "pagmamano at pagsagot ng ho at opo sa mga nakakatanda, pagbibigay galang sa mga kababaihan. Ang pagiging matulungin sa kapwa kahit hindi kababayan, at marami pang ibang magagandang katangian na ating mga ninuno na ipinamana sa atin.

Im sure we can erase that "Filipino Kasi" when he did something that sucks.. let's replace it "hindi filipino yan".. and when he hears that.. im pretty sure.. mahihiya yan sa sarili niya, it will bothers a lot. And if we saw our kababayan doing good manners in the street or in any place in this beautiful earth, why not say "Yan ang Pinoy" or Yan ang "Tunay na Filipino".

And for my last words..naiiyak na kasi ako.. he he at kung ano pa ang masabi ko at hindi ako "tatantanan" ni pareng mike enriquez...

"Ako'y tunay na pilipino, sa isip, sa gawa, sa diwa at lalu na sa dugo.

Amor patria! Our country needs us.. and vice versa!






pareng max, pwede ko na bang simulang yung "Abisyosong Entrepinoy dito tayo"... na thread.. ha ha


cheers to all!

[omeng]

mamaya pa raw ang edit. after 60 minutes.. yay yay.. it should read...

[i]pasencia na po sa mga young and not young but no oldies entrepreneurs[/b] =)

[sizzling]

good point about the tv networks, omeng.
nakakabobo na talaga yung ibang programs. i've witnessed some otherwise smart people go fruity because of these telenovelas.

[Krakista]

off-topic na 'ata yan. Anyway, puwedeng ipagpatuloy rito-->Misplaced Priorities Can Mislead The Nation (a must read article for Filipinos) (http://www.pinoyexchange.com/forums/showthread.php?s=&postid=5969485#post5969485).

[ligtas_na_daan]

Originally posted by SILENTMAX
ei ligtas_na_daan
*** rin ba yung lady at the entreplink eb last saturday?

hi silentmax, nope dip o ako yun. have't been to any eb's yet..

[omeng]

"Under promise, Over deliver" - Trump

[omeng]

"We cannot control the wind but we can adjust our sails" - Capt. Anonymous

[GOwin]

anyone here who can share pointers on the business of recruitment agencies for foreign principals?

i have absolutely no idea, but a friend is interested in getting medical pros from the philippines to japan.

how does the business work ba?

[trizfores]

i tried to start this as well, but what stopped me is the bond. have to pay the poea about p2mill as a bond. and then i think capital requirment to start it is also an additional p2mill also. though, i think it also depends on what type of recruitment you're in.

[OliverWood21]

Any Entrepreneur-Pexer engaged in the 'Tiangge' business?
Was wondering if I can get some tips on how to earn this Christmas season..

[omeng]

i was. dang! lugi. =)

some rule of thumb..

just dont get too much rent for the place.

look at the foot traffic.

but cheap goods but have some quality.

goodluck amigo.

[omeng]

it should read "buy cheap goods but have some quality "

[mysticrain]

yeah guys any ideas on how we can earn this christmas season?

[marlo_kalbo]

Alala ko pa yan pare...

-Marlo

Originally posted by omeng
i was. dang! lugi. =)

some rule of thumb..

just dont get too much rent for the place.

look at the foot traffic.

but cheap goods but have some quality.

goodluck amigo.

[marlo_kalbo]

Dagdag ko lang,

Place
Occular should be good...

Before renting, you should ask around...

Ask sellers how customers look like...
What are they like? How much is their volume? What are they looking for?


-Marlo

[GOwin]

Originally posted by trizfores
i tried to start this as well, but what stopped me is the bond. have to pay the poea about p2mill as a bond. and then i think capital requirment to start it is also an additional p2mill also. though, i think it also depends on what type of recruitment you're in.

that much huh? hmm ... i believe foreign principals cannot directly hire from the philippines. or can they?

how does poea define "recruitment"? paano na yung mga "consultancies" and "facilitators"?

[omeng]

he he =)


here's a good one to read...


Seven Formulas for Business Success
By: Brian Tracy

Visualize Your Goals
There are seven formulas for business success. Number one, set a specific goal and visualize it as a reality. Play the picture of your goal as already realized on the screen of your mind over and over again. Number two, look for a problem you can solve with a product or service that is high quality and good value. All successful businesses are based on products or services that are high quality and good value. Number three, start small and learn your business thoroughly. Be patient. Invest time rather than a lot of money.

Bootstrap Your Way To Success
One of the best ways to build a business is to start off on a bootstrap. This means that you start off with very little money and you grow your business with the money that you earn in the business, rather than outside financing, borrowing, loans from friends and so on.

Test, Test, Test
Number four, test every major move before you invest in it. Test, test, test. Don't plunge into a business. Move ahead carefully, one step at a time. Number five, expand on the basis of your successes, out of your profits, as you move along. In other words, only expand your business on money that you've earned in the business, not on borrowed capital.


Pick Your People Carefully
Number six, carefully select the people to help you expand and grow. The biggest mistakes you'll ever make will be in picking the wrong people to work with, so be very, very careful in picking the people you're going to work with in your business.

Use Financial Leverage
And number seven, use financial leverage. Financial leverage is business borrowing, lines of credit from the back, which are based on the cash flow from your successful business. The whole aim of starting a business is to develop a consistent, predictable source of cash flow in excess of cost and expenses and then to hold to the money. Banks will lend you all the money that you can service as debt with your cash flow.

Start Off Part Time
One final thing that you can do, and I've recommended that many people do this over the years, is if you're starting off with no money, go to work part-time for a business in a field that interests you. It's a valuable form of on-the-job training. Work evenings or work weekends. Or work on your holidays if you like. Sometimes a business that looks tremendous from the outside will look terrible once you start working for it. But sometimes when you start working for a business, you start to get an intimate understanding of how it works and you get insights on how you can improve it.

Learn What You Need To Learn
Remember this, though, most businesses fail because of managerial incompetence. So take the time to learn what you need to know to succeed. Be patient. The time you invest before you start will pay off over and over again in the months and years ahead.

Action Exercises
Here are two things you can do immediately to implement these formulas for business success:

First, be prepared. The number one reason that people succeed in starting their own businesses is that they have the knowledge and experience, in advance, that they need to succeed. Do your homework.

Second, start small. Some people think that they can be successful faster by putting all their savings at risk at the very beginning. The opposite is true. Start small and grow out of your cash flow from successful operations.

***********************************
THE HARRY POUND COMPANY
IT'S ALL ABOUT BEING BETTER
***********************************

[SILENTMAX]

The American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

The Mexican replied, only a little while.

The American then asked why didn't he stay out longer and catch more fish?

The Mexican said he had enough to support his family's immediate needs.

The American then asked, "but what do you do with the rest of your time?"

The Mexican fisherman said, "I sleep late, fish a little, play with my children, take siesta with my wife, Maria, stroll into the village each evening where I sip wine and play guitar with my amigos, I have a full and busy life."

The American scoffed, "I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat with the proceeds from the bigger boat you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually NYC where you will run your expanding enterprise."

The Mexican fisherman asked, "But, how long will this all take?"

To which the American replied, "15-20 years."

"But what then?"

The American laughed and said that's the best part.

"When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions."

"Millions.. Then what?"

The American said, "Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos."

[omeng]

Life Would Be Wonderful If Everybody Loved You
by Jeffrey Mayer - 312-944-4184
SucceedingInBusiness.com


"I hate sales. I don't like being rejected."

Does that lamentation sound familiar? How many times have
you heard it? How many times have you said it yourself?

I don't want to be rejected. I want to be loved.

Yes, wouldn't life be wonderful

* If everybody loved you.
* If everybody thought you were just marvelous.
* If everybody wanted to buy the products and
services that you - and your company - sells?

Wouldn't life be wonderful if everybody you met thought you
were the most fascinating and interesting person in the whole world.

Invite Jeffrey Mayer to speak at your next business meeting,
sales conference or convention. He'll help you grow your
business, close more sales and make more money.
Call 312-944-4184 for more info.

If you can put your own ego - and desire to be loved, admired
and worshiped - aside for a moment, you can use this basic
human desire to your advantage.

Instead of spending your whole life trying to tell everybody how
wonderful you are, and being disappointed because they don't want
to listen to you, why not go in another direction. Learn how to get
other people to open up to you so they tell you how wonderful they are.

How do you do this? Learn the art of how to ask great questions.

REMEMBER: He who talks about himself is a terrible bore.
He who asks great questions - and listens to the
answers - is a brilliant conversationalist.

Once you can get a person to begin talking about

* Himself,
* His life,
* His business,
* His family,
* His goals, dreams and desires,

he doesn't want to stop.

You see, the person you're speaking with thinks he - or she - is
the most fascinating person in the whole world. They would
love to tell you all about themselves. So let them.

"Closing More Sales By Asking Better Questions" is
my newest training manual. In it I walk you through my
step-by-step process for quickly finding the customer's
needs, wants, desires and problems.

If there's no problem. There's no sale!

You'll also learn how to discover who the decision makers
are, their decision making process, and much more.

"Closing More Sales By Asking Better Questions" will
dramatically change the way you sell, save you hours of
time, and make you much more successful. I guarantee it!

Here's the link to order your copy:
Closing More Sales By Asking Better Questions

Apply this simple idea to your sales interviews - and your
prospecting phone calls - and your business will soar.

QUESTION: When was the last time you were speaking
with a person and they ended the call when
they were the one doing the talking?

Most Sales People Talk Too Much
Most sales people are trained to tell the customer all about
who they are, what they do, and how wonderful their
company's products and services are.

They use PowerPoint presentations, beautiful four-color glossy
brochures and catalogs, and fancy handouts. But at the end of an
hour-long meeting, how much do they know about the customer?
His issues? His problems? His goals, dreams and desires?

Not very much.

Ask a bunch of great questions and you'll learn everything you
need to know - and a whole lot more - about your customer's
business. And he'll love you for it.

Then you'll be in the wonderful position of knowing which of
your products will fit your customer's specific needs.

REMEMBER: If there's no problem, there's no sale!

Use The Phone
Once you get good at asking questions in person, you can
apply the same techniques over the phone.

How many times have you met with a prospect, only to discover
they had no need or interest in your products? Or worse, to discover
that they were nothing more than a gatekeeper or low-level
employee who had no decision making authority.

How did that make you feel? How much time - including
commuting - was wasted? What could you have done with this
time if you hadn't gone out to meet with a dead-end prospect?

Learn how to use the phone to better qualify your prospects -
before meeting with them - and you'll spend more time with
buyers and far less time with people who don't.

[SILENTMAX]

Learning when to let go is success secret of Chowking founder
By Cecile G. Garcia, Contributor





FOR a long time, Robert Kuan, founder of Chowking, the popular Chinese fast food chain, the first of its kind in the country, was known to many as Mr. Chowking. He cast that label aside when he sold his business, lock, stock and barrel, to fast food giant Jollibee in November 1999. Why? "Because the offer was good and it was time to let go," he replies without hesitation.

Though there's no doubt that Chowking is Kuan's crowning achievement, a feat he'll always be proud of, he admits, clearly, he has moved forward, turning his attention to other things. Retaining his interest in the food business, he acquired a Chinese restaurant in Ermita, Manila a year after he sold Chowking. He also put up a couple of Filipino-style coffee shops. "It's my children who run and manage the business. I just give advice and support," explains Kuan, quickly pointing out that he is presently involved in education and other humanitarian concerns. He sits on the board of Far Eastern University and Brent International School. Kuan is also chairman of the board of trustees of St. Luke's Hospital. He was invited to serve as director in 1989, he recalls, and was elected chairman in 1996 and has been re-elected every year since. St. Luke's is a non-stock, non-profit institution.

Visionary leader

More than anything perhaps, Kuan is a visionary. He recounts, "One of the first things I did when I became chairman of the board of trustees of St. Luke's was to ask all the board members to visualize where the hospital was going. It's important and necessary to have direction. You have to know where you're headed. But, first you need to have vision." Vision and direction, in fact, are two of the key ingredients to the success of Robert Kuan.

Fifty-six-year-old Kuan finished BS Business Administration at the University of the Philippines. After graduation, he worked for the Makati Supermarket for two years. "That's where I got my retail management training," he discloses. Following this, he took a sabbatical of two years to take up his MBA at the Asian Institute of Management (AIM). Later on, he joined Ever Emporium on C.M. Recto in Manila. Kuan lasted six months, then left to work for Ling Nam, an old-style Chinese noodle house partly owned by his family and run by one of his uncles.

First business success

Ling Nam was founded in Chinatown in 1950. It served traditional Chinese short-order fare, tasty and reasonably priced. The original outlet can be still found in Chinatown, according to Kuan. In any event, he spent eight years with Ling Nam and became president and CEO. He says, "I was able to put up five branches in all. The first one was in Glorietta. You know, my thesis for my MBA was actually about the expansion of Ling Nam." Despite its apparent success, Kuan left the business for personal reasons.

In 1985, Kuan established Chowking. He relates, "Panciterias were becoming a thing of the past. There was a need and a void in the Chinese restaurant business. Besides, the fast food industry was dominated by Western food." Kuan's idea was to combine the old and the new. Thus, he thought of offering traditional Chinese food amid a novel setting.

Dream achieved

Kuan realized Chowking had succeeded when he had no choice but to expand and to put up more outlets. By the time he decided to sell the business, there were a total of 155 outlets nationwide. An additional four had just opened in California, USA, and another three in the Middle East. In more ways than one, Kuan's dream of making Chowking the Chinese counterpart of McDonald's had come true.

The formula for success in any business venture consists primarily of hard work and having the right product and knowing how to market it, maintains Kuan. "You must have a plan and you must follow it," he contends. "In my case, nothing was an accident. I planned things. At AIM, our professor in Business Policy, Meliton Salazar, once asked us to write down our career plan, short and long term. We had to identify our goals, our strengths and weaknesses, our assets and liabilities, tangible and intangible, and our talents." Kuan put away the career plan he had made. It was a graph, actually. One day, he found it again and discovered that he has indeed followed it.

Perhaps, one of Kuan's more significant contributions to society is his willingness to share his experience, knowledge, thoughts and observations with others. He says, "I get a lot of invitations to give talks at seminars and workshops. I accept whenever I can. I'm not wary of giving away trade secrets. I enjoy sharing my experiences, especially the lessons I have learned from my mistakes. I believe others can learn something from me."

Sharing success

One valuable lesson experience has taught Kuan is that respect has to be earned. It is never taken for granted. "You have to earn the respect of your superiors, your peers and your subordinates," he says. A good leader is one who is able to achieve success in interpersonal relationships, he adds.

What other challenge is there for this successful entrepreneur? "St. Luke's is a new and exciting challenge for me," reveals Kuan. As chairman of its board of trustees, he meets with the members once a month and meets with Joe Ledesma, St. Luke's CEO, once a week. The job of the chairman, though not full-time, can be quite challenging, says Kuan. He points out, "I have to ensure that we continue to strengthen our present position and that we are ready to reach out to a new market." Construction of the new St. Luke's Hospital in the Global City will begin next year. The completion of the 680-bed state-of-the-art facility will in a way be the culmination of Kuan's dreams for the hospital. The project will take three years to finish. Kuan hopes to see it through.

Married to his wife Yvonne since 1975--they have four kids--Kuan enjoys reading testimonials and success stories as a hobby. According to him, he derives personal fulfillment from being able to inspire others, especially those who would like to be a successful businessman like him. To them he says, "Don't be in a hurry. Take one step at a time. Study the business very well. Stay focused and move forward." And if one should fail? "Bite the bullet, learn your lesson and move on."

[snop]

Omeng and Max,

Nice, lovely posts!

Thanks

:)

[an]

Originally posted by mysticrain
yeah guys any ideas on how we can earn this christmas season?

hi there! joining bazaars is one of the ways we could earnt his holiday season...kaya lang super nakakpagod, but it is to your advatage if you have your own products. tiangges and bazaars is one of the easiest/cheapest way to introduce it to the public...

any bazaar organizers here? :*)

[j_l_uy]

hello guys,

Im planning to start a business by late this year or early next year and I already found my partners. Right now, we are evaluating a business proposal, but we don't want to limit ourselves to only one option. Our current capital is 100-150k. Do you have any ideas that might fit this capital?

In truth is...I also want to go into a business wherein products can be exported. Do anyone have suggestions? :) BTW, Im still open to partners..hihihi :)

[omeng]

just be careful to your dealings. =)

[j_l_uy]

Thanks boss omeng. I should read more about your articles. Truely inspirational. :)

[m4ppych4n]

hi all,

i'd like to know if it is expensive to get into the import-export biz...we might first try import and later get into the export biz...i mean how much capital shd we be prepared for...i'd also appreciate it if i can contact any of you that know abt this biz and its details and could give me some good insights abt it as well as some advice based on your experience and knowledge in business...we've already chosen a niche but i prefer to contact those who have some knowledge abt it and discuss it instead since m rly bent on getting into this biz and having my very own biz...

omeng,krakista and silentmax seem to be the most active in this forum and seem to demonstrate a lot of biz know-how and i've read most of the postings here so i hope some of you can help me...

thanks again and hoping to hear some good advice/tips/suggestions re import-export and in starting/running a biz.

[omeng]

import biz is not as simple as ABC

import(raw materials) then export biz is more complicated than e=mc^2

if you're new into biz try first the local trading.. learn the 123

never go to importing biz until you've got the proper training

Custom brokers will tell you straight that better go to exporting than importing.

visit the website of dti for the proper training.

again, my suggestion is.. learn the basic of local trading before go to international trading. it will save you a lot.

[omeng]

j_l_uy,

si max lang ang bosing dito.. he he

by the way, pwede kang mag start ng business bago matapos ang taon.. that will be a good start. but start small so that you will lose small.. he he

then saka ka na magregister sa government.. i mean alanganin na kasi.. madodoble lang ang bayad mo.. but of course.. secure first your DTI.. para pag nasilip ka.. sabihin nyo lang na inaasikaso niyo pa ang ibang permits.

exporting is a profitable business.. but plan first.. learn the know how of it.

i welcome you to the biznez world where everybody is a boss.. ha ha

[paulgilbert80]

this is a beautiful thread nanabasa ko pex nakaka inspire.i have small business.sali ko ** saya.

[m4ppych4n]

thanks again for the advice...will keep that in mind. i know how local trading goes abt since my work is related to the sales and distribution side of a company...but i am also doing research on this import and export kind of business as well. ayoko naman gumastos ng malaki tapos wala pala akong alam.

any more suggestions/tips/advice out there?

[jolog1]

"Millions.. Then what?"

The American said, "Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos." [/B]

Anyone who thinks the above story is inspirational is a simpleton. More money means the fisherman can send his kids to the best university, he can buy the family a house that is safe and secure, he can provide them the best medical care, he can help his brothers, sisters, and relatives, he can help his village, do you guys get the point yet? Maybe it's time for him to think about someone else besides himself.

Working a little just to get by the day is the reason why a lot of filipinos are poor. This is why the malls are always full of people during the day on a weekday. I'm thinking, shouldn't they be working?

[jolog1]

If you're want ideas on what business to venture in, start by looking at what you're good at. If you enter a line of business in which you know nothing about you're doom to fail because your competitors know more what to sell and how to sell it.

Start by looking at your hobby. Let's say you're a stamp collector since you're 9 years old (now 19). That means you've been in the "biz" for 10 years. You know more about it than any laymans. You can sell collectible stamps to people because you know what you're talking about. You know which stamps will sell and which won't. So what's your hobby? Model kits? antique clocks? antiques? model kits? comics? old coins? painting skateboards? making bags/sandals?

OK, so you don't have a hobby. The next step is to look at your skills. There's always school out there that can refine your skills such as cooking/baking, carpentry, repairs, auto mechanic, computer disgnostic and repair. You can start a business using these skills as a freelancer. The good thing about these skills is, you can go into the service industry AND retail as well. For example, fixing someone's car for a low rate but they have to buy the parts from you.

So you have none of the above. Well, you can always copy ideas. You can always take the "Beer na Beer" playbook. Work for a restaurant/retail shop that you like to copy. While there, just absorb everything you can about it. How it's managed, how they get customers, the ins and outs of the industry. Ask yourself how you could improve that business if you own that place. Write down all your ideas in a notebook. After a year of absorbing all the knowledge, quit that job and open up the same line of business. If you don't feel comfortable in doing that just yet, just work for the competitor of that company and learn from that as well. Having compiled the secrets of 2 companies, you can iron out the mistakes and create a much polished version.

This is why a lot of Chinese immigrants in the US owns restaurants. When they migrate, all they can do is cook or wash dishes. So they work for a restaurant. Unlike the Mexicans or the blacks, who are content with their $5 an hour routine, the Chinese open their eyes and ears, learning everything they could about the business. The same goes for Arab-Americans. A lot of them own 7-11 copycats in the US.

[mertzvox]

@silentmax

may computershop ako ** lang sa lugar namin.
meron na ko DTI, barangay permit at mayors permit. ngayon kailangan ko pa ba magpa register sa SEC at sa BIR ?
pansin ko rin kasi sa ibang shop wala SEC at BIR?

[omeng]

m4ppych4n,

if you're not familiar with incoterms, like

Ex-works
FOB
CNF
CIF
etc..

I would suggest that you attend first some import training.

also, build your network. attend tradeshows.

look for custom broker that you can trust. remember.. "the importer bestfriend is the custom broker"

if you have good contact in the BoC then better.

that's for now mamen. =)

[omeng]

mertzvox,

isingit ko lang... no need for SEC. BIR na ang next mo. more moolah to you.

[mertzvox]

@omeng,silenmax
so pano next move ko eh naka register yung mayors permit ko nung july pa may penalty kaya yun.kailangan ko pa ba ng bookeeper. need help talga about BIR na usapan d ko lam

or mas ok na kung next year na lang ako apply ng BIR renew ko muna mayors permit at barangay clearance

[omeng]

hala ka... may penalty na nga yan.. at matagal tagal na pala yan. =) pwede rin mag file ka na ngayun pwede rin next year na rin.. pag nitanong ka ng BIR officer bat ngayun lang sabihin mo na lang na nagbakasyon ka sa probinsya at itutuloy mo na ang business.. he he.. meaning no operation ka.

kahit renew mo ang mayors permit mo makikita parin yan ng BIR at dun ibabase ang penalty.

i think same thing ang babayaran mo kung next year ka na magreregister kasi nga madodoble lang.. pero watch ka lang baka makita ka ng BIR na nag-ooperate ng walang permit yari ka. padadalhan ka ng notice.. he he.. at mahaba pa ang next year. tapos ang sisipag pa naman ng mga yan ngayun.. utos kasi ni ate glo.

oh well, you should be penalize in the first place. =)

[omeng]

btw, you will need bookeepr too.. then hanap ka ng accountant(retainer lang)

[paulgilbert80]

so magkano kaya ang penalty ni2 kasi i start july d ba

[mertzvox]

@omeng magkano kaya ang magiging penalty ko. computershop ko sa may residential area lang.

at magkano kaya ang ibabayad sa bookeeper?

[omeng]

its diff biz with mine.. let's wait for dude max.

[SILENTMAX]

Originally posted by mertzvox
@silentmax

may computershop ako ** lang sa lugar namin.
meron na ko DTI, barangay permit at mayors permit. ngayon kailangan ko pa ba magpa register sa SEC at sa BIR ?
pansin ko rin kasi sa ibang shop wala SEC at BIR?

as boss omeng said no need for sec

penalty for bir should reach no more than 3k 1 year ka lang naman.

pag na tax map ka mas malaki penalty to the tune of 12k
madali lang naman kausapin ang bir basta pay the penalties nalang. no questions asked

book keeper should run you about 1k per month get a referal from friends you have in the area.

[SILENTMAX]

what do you guys think?

http://img28.exs.cx/img28/7/fish4.jpg

WWW.FISHBALLDOTCOM.NET

[m4ppych4n]

yup, may good contact ako sa BoC, right now we're trying to build our network ...will also be attending tradeshows early next yr. thanks again!

[tennisace]

Originally posted by SILENTMAX
what do you guys think?

http://img28.exs.cx/img28/7/fish4.jpg

WWW.FISHBALLDOTCOM.NET


The gradient background might work, but I think the text needs some work. The color combo, although contrasting, is a bit on the gloomy side. The "fish ball" logo idea is on the right track, but I'm a bit iffy on the color scheme. Perhaps a color combo that delivers a brighter contrast might give it a little more oomph. The "Fishball dot com" text has some motion with italics, but it runs smack into a static "computer cyber center" text. Maybe a stylized font set might work better as opposed to the block serif font used on the main banner text.

As far as the site is concerned, red text, blue/black/lavender, blue text on gray background... It's looks like the site is well-laid out but again the gloomy color scheme gives off a dreary feel.

But then again, that's just me. Maybe I'm just too old for this high-tech stuff. hehehe. I just thought that something high-tech should have some zing and splash, bright in an in-your-face kind of way. No offense, I hope.

[SILENTMAX]

tnx for the help;

yeah it does look gloomy but then again company collors are restricited to red,white,blue and alternates are black im thinking of adding orange or yellow but i think it will destroy color scheme.

the site is outsourced i had it done profesionaly. but then again as you pointed out the dark gloomy look still stands out.

i will think about your points. thanks again

[tennisace]

You're welcome.

If the company colors are red, white and blue, perhaps it is best that you work with those. You can expand the color scheme by using gradients of these same colors. Colors are nice, but sometimes too much color becomes an eyesore. Literally.

Dark, gloomy colors makes the eye work harder in order to discern color separations. Brighter colors reflect more light thus making it easier for the eyes to process.

Too much contrast can also strain the eyes. For instance, green and red or blue and red are contrasty colors. However, it makes it harder for the eyes to distinguish them, and they are without a doubt an eyesore. Black and white or yellow and red, on the other hand, are also contrasty colors, but they are a lot easier to discern.

Choosing color combinations can be easier if you have a color wheel. I'm pretty sure that you can find it somewhere in cyberspace.

As far as text goes, I think that block serif fonts tend to be on the formal side. For the "Fishball" text, I think that a playful sans serif font will work better. Besides, the "dot com" text is already in sans serif. Why not just make the entire logo text in sans serif to maintain consistency?

The key to a nice logo and website design does not lie solely on the design's artistic merit. It has to convey a message, an intention and a feeling. It has to have some substance. A logo, a website and other company identity artwork is a graphic manifestation of the business and the people behind it. Hopefully, it is well put together that it conveys what the business and its people are all about.

[omeng]

"Fishballdotcom was established year 1999 under sole proprietorship, concentrates in On-line and Network games located at Nueno Avenue, Imus Cavite. It can compete healthy and professionally through our most valuable assets; that is superior quality service and guaranteed customer satisfaction.

Started full operation in 1999 with one Cashier and Customer Assistant. It's operation force implementing their expertise gained from practical training in computer.

Following a tradition of outstanding performance and dedication to excellence, Fishballdotcom looks forward to becoming one of key players in advancement of technology and a leading contributor to Computer World!"

well what can i say? this young handsome entrepreneur will never stops to reach his final goal which is to be mogul.

I salute you dude max and i'm totally impress.

Cheers to you tsong! =)

[omeng]

m4ppych4n,

good for you. just do your homework and you will be lucky.

tip in importing shoes (especially rubber shoes).. you must send first the left side then the right side on next shipment, otherwise.. suot suot na ng mga custom officer ang mga shoes. he he

[SILENTMAX]

tnx boss chief
everything though is still a work in progress


good luck to us both.

[omeng]

for you pareng max...

3 Special Benefits Every Customer Wants
by Bob Leduc

Every customer looks for 3 special benefits when they do business with you. They may not specifically ask for these benefits. But you're losing sales if you don't automatically provide all 3.


1. Fast Results

Prospective customers may take a long time deciding whether or not they will buy from you. But once they decide to buy, they expect instant results. When people buy a car they want to drive it home today. When they sign up with a health club they expect to look and feel better by the end of the week.

Look for ways you can reduce the time your customers have to wait after a transaction before they can start enjoying the results of their decision to buy. Try to deliver your product at the point of sale. When that's not possible, look for creative ways to provide a benefit your customer can start enjoying immediately.

For example, a publisher I know recently created a special package combination of his latest "how-to" book in print and several eBooks on the same subject. When customers order his new book, they can immediately download the eBooks on their computer. They don't have to wait for the hard-cover book to arrive before they can start enjoying the benefit they paid for.

2. Easy Procedures

Customers want products that are easy to use and services that produce results without disturbing their daily routine. You can increase your sales by stressing the "easy to use" characteristics of your product or service in all your promotions. Convenience and ease of use are often more important to customers than price.

Simplify your buying procedure too. Make it easier for customers to buy from you and you will get more sales.

For example, many online shoppers are impatient and won't tolerate a lengthy ordering process. Minimize the number of times your customer has to click to another screen when ordering online. Use a simple order form instead of a shopping cart if you only offer 1 or 2 items. And don't ask them to give you more information than you need to process their order.

3. Personal Attention

Every prospect and customer wants personal attention. One way you can provide it is by giving them an opportunity to ask questions.

Only interested prospects will take the time to ask questions. Many will buy from you if they get valuable information from your answer. You can often include a promotion for your product or service as part of your answer.

Answering questions is not time consuming. The same questions will be repeated over and over again. But you only have to answer each question once if you save your answer to a permanent file. Copy it into your reply whenever you get that same question again ...and revise it slightly to personalize your response. You can answer questions quickly and your prospects will appreciate your personal attention.

TIP: If you find yourself personally answering a lot of questions, add a Questions and Answers page to your web site. Post the answers to your most frequently asked questions. It will reduce the number of questions you have to answer individually. But remember, it also deprives you of an opportunity to impress prospects with your personal attention.

Every customer wants fast results, easy procedures and personal attention. Most won't ask for these benefits. But they won't buy from you unless they get them. Make sure you provide all 3 of these special benefits ...and look for ways to improve the quality of each. Then watch how quickly your sales increase.

[omeng]

Dear friend of Entrepreneur Philippines,

This December, Entrepreneur Philippines mixes business with pleasure with the 4th Entrepreneur Philippines' Not-working Night! Join us as we take a break from the pressures and demands of work!

On December 7, in place of our usual entrepreneurial talks, we have invited an acoustic band to soothe your tired and weary bodies. Happening from 6pm to 9pm at San Mig Pub and Restaurant in Ortigas Center, Pasig City, the event not only aims to provide you the opportunity to relax and unwind, it also allows you to network with potential clients or partners!

Plus, more games and prizes are also in store for all of you! Be there and treat yourself to a night of fun, music and games.

Entrance is free and food and drinks are on us but since many would like to attend and we can only accommodate up to 150 guests (for the free food and drinks), please confirm your attendance at least a day before the event.

Should you wish to confirm your attendance, please send an email with subject: Networking Night with the following information (name, company, position, email) to raymond.darilag@summitmedia.com.ph. Only emails with complete info will be accepted. Successful registrants will receive a corresponding reply.

Tuesday nights have never been this fun! See you there!

[paulgilbert80]

pwede ba ko dyan kahit small time lang ako

[m4ppych4n]

hi omeng,

haha natawa naman ako sa tip mo pero totoo nga yun...thanks again!i'll try to drop by san mig pub for networking hehe pero good din ang free food and drinks

[infinity_ph]

LF : Business Partner

As part of my expansion im looking initially for 1 bussniess partner who has stocks / supplies of cellphones.Cash INVESTORS are highly welcome. I will give gud interest rates and provide all the required papers and PDC's.

NO RENT TO PAY. NO DISPLAY CHARGE. NO CONTRACTS. ATTRACTIVE LOCATION.

:: INFINITY MARKETING PHILIPPINES. ::
** The Leader In Computer & Cellular Distribution! **

ADDRESS: Morayta X-cbit Arcade
1955 C.M. Recto, (Opp. Ever Recto & Besides Yellow Cab Pizza)
Manila City, Metro Manila
Philippines
E-MAIL : im_phils@yahoo.com
TEXT : 0922-4868828 ( Mr. David Gonzales )

[sayuri_succubus]

Originally posted by SILENTMAX
tnx for the help;

yeah it does look gloomy but then again company collors are restricited to red,white,blue and alternates are black im thinking of adding orange or yellow but i think it will destroy color scheme.

the site is outsourced i had it done profesionaly. but then again as you pointed out the dark gloomy look still stands out.

i will think about your points. thanks again

Hey, Max. How are you? Goodluck on your new branch. Why not stick to red and white next time. Not only it's a lucky color (red) in Chinese but also several studies have shown that it's the color we pay most attention to. :D Stick to one or two fonts. ;)

As per your webbie, you can change the background to white. So in a bigger screen size it' wouldn't look to gloomy. You can do these yourself :D No need to hire a web designer.

Change this code (in bold letters)

<body background="images/bg.gif" leftmargin="0" topmargin="0" marginwidth="0" marginheight="0" onLoad="MM_preloadImages('images/aboutus2.gif','images/highlights2.gif','images/contacts2.gif')">

to this

<body background="#FFFFFF" leftmargin="0" topmargin="0" marginwidth="0" marginheight="0" onLoad="MM_preloadImages('images/aboutus2.gif','images/highlights2.gif','images/contacts2.gif')">

You can do this in notepad or dreamweaver. just make sure you have a back up in case you screw up something in the code :D lol

Did you ask for a high resolution of your logo (300 dpi). You will need these one of the days when you need to print marketing
materials. ;)

Your logo may not be the greatest in the world but it's waaaaaaay better that Netopia's :glee::lol:

[sayuri_succubus]

Hot Business for 2005


http://www.entrepreneur.com/hotcenter/0,6233,,00.html


May spinoff business na rin from E-bay. One noticeable thing is lumalaki and demand for business catered to senior citizens.

[omeng]

i just wish that the website, entrepreneur.ph will go somethin like that. the webhosting sucks. kakatamad magtambay.

anyway, let's continue..

this is good one...


"Why Are You In Business?
--Phillip Humberd

Over the years I've worked with hundreds of small and mid-
size businesses, and have talked with the owners of most of
them. I've noticed that while every situation is different,
there seem to be two basic reasons why these people are in
business.

By far the most common - and unfortunately, the less
successful - reason is to make a profit. Sure, there are
many ways to phrase or look at it, but the majority of
these owners have told me they are in business to make
money. They market a product or service in the hopes of
beating the competition, attracting customers, making sales
and creating a profit.

In the process, they create jobs, expand the national
economy and achieve a level of satisfaction, personal
reward and.profits.

There is nothing wrong with that! That is the essence of
capitalism and our free-market system!

What I notice, however, is that the focus on profits often
leads to a kind of myopia, or short-sightedness. They make
sales, but not repeat sales. Their costs of advertising,
marketing, and customer-creation are extremely high.


The second reason is fundamentally different and leads to
different results.

These people tell me they are in business to SERVE A
SATISFIED CUSTOMER and that is a HUGE distinction!

A well-managed business that is focused on serving a
satisfied customer generates profits, but they also have
the benefit of repeat business and LOYAL customers.
They have the advantage of lower marketing and sales
costs and that advantage typically falls straight to the
bottom line and into the owner's pocket.

So, why are you in business? What's the "real" reason? What
do you think about first, last and all day long?

My advice: Think about serving satisfied customers. If you
do, innovation, production costs, marketing costs, and
profits, will tend to take care of themselves in a very
satisfying way.

[ate germs]

hi omeng,

that's a nice read.

guys help naman. sa tingin nyo ba ok ang courier service? actually sa akin e messengerial lang. prospective clients ko ang mga cellular networks, credit card companies, insurance, banks para sa mga Statement of Account deliveries. What can you say about this?

[thehitman]

Hi guys!

My friend and I are thinking of putting up a hotdog cart in a corner (sidewalk) somewhere in Mandaluyong. Let's just say I plan to call it 'Hotdog sa Kanto'. I already have a list of equipment which I will purchase before year end and the cart construction is my next project.

My questions:

What are the necessary permits I need to get? I've heard of terms like mayor's permit, barangay clearance, but beyond them, I don't know anymore.

Do I need to register the name 'Hotdog sa Kanto' somewhere?

If I decide to forego the name and just set up a plain cart, what else should I register, and where should I register?

Any idea how much I will spend for the necessary permits?

Sorry if these questions have been answered already, but my connection right now is too slow for me to browse through all the pages.

:cool:

[missywitchy]

up

[jolog1]

You start by going to DTI in Makati and register the business name. You could also do this online but since this is your first time, I recommend you there personally. They have people who will answer all your questions. I think this will cost you around P400.

Second step is to bring that piece of paper to your barangay and get a barangay clearance. This cost P100 I think. Then bring those 2 paper to city hall and get a mayors/business permit. I could give you details on this but they have step-by-step instruction at City Hall.

[webspinner17]

hey everyone!

Just want to let you know that a company was launch Nov 8,2004. A company that would revolutionize the supermarket and mini-grocers industry. A company that would give you financial stability, more time for yourself and for your family and a chance to have your dream car. Basically it is just a question of would you rather spend for your groceries or save and earn just by buying your regular groceries.

Introducing SHOPCASH. The newest business venture of our Chairperson, Ms. Pilita Corrales.

Why not turn your expenses into income.

To gain more knowledge about this, check this out.
http://firstprime.cjb.net/shopcash.htm

[bluecharm]

hi silent max..
im planning to put up an internet cafe.. just a simple one but the thing is, i only have 300K.. will my money fit or super hindi talaga pwede? i mean, super under capital ba ako... can i get a good pc for just 25K/unit? by the way, i live in pasig so im planning to set it up somewhere near me..

[bluecharm]

by the way, thanks po in advance and God bless!

[tqbfjotld]

^ what services are you planning to offer? is it just an internet cafe? or a gaming cafe? either way, 25k is more than enough. you can get a good athlon pc for less than 20k, good enough for internet surfing or ragnarok. athlon is the way to go. p4's are just too pricey. it isnt practical anymore. btw, most gamers i know have athlon xp rigs.

[SILENTMAX]

right now ragnarok is on a downtrend if you put up a shop right now chances are you will not make money especialy on 300k capital. not enough. im now postioning my self for a drought in computer centers.

i suggest you to think about your options carefully.

im expecting a lot of shops to close next year.

[paulgilbert80]

daming computer shop na nagsulputan this year pababaan pa ng presyo, ano tingin nyo kakayanin ba nila makabawi laban sa mga datihan na?

[SILENTMAX]

you are off topic on this thread pls post questions on the apropriate thread. which have been created already.

[ready2go]

Originally posted by SILENTMAX
right now ragnarok is on a downtrend if you put up a shop right now chances are you will not make money especialy on 300k capital. not enough. im now postioning my self for a drought in computer centers.

i suggest you to think about your options carefully.

im expecting a lot of shops to close next year.

i agree... too late na ngayon for an online gaming shop... not only is ragnarok on a downtrend... tapos na rin ang friendster phenomena :glee: ... plus, summer time is approaching already... the worst season for lanshops

on the other hand... 300k is actually enough to start a shop... you'll have around 8PC's with that... but as max said, think about your options carefully

ano sa tingin niyo ang magiging boom sa business for next year?

r2g :coolhat:

[mertzvox]

so anong magandang business this 2k5 any suggestion

[marlo_kalbo]

Ey all...

Former business partner ko c Omeng and I still have a few businesses running (alam ni pareng romy)

But income-wise, efficiency-wise, not as good as network marketing...

I know not everyone can be successful in network marketing...

Pero sa group kasi namin, inaalalayan lahat ng members...

Kaya kahit bago ka palang pwede nang mag "start the ball rolling"

I know shameless plug... but this works so much better for me...

No rental costs, no electricity, no phone bills...

Plus with a group like ours, kahit paupo-upo ka lang ...

The group will work for you... ;)

Plus income potential ng mga kilalang franchised food chains...

Contact me and I will prove it all to you ;) No bull.

0918 458 6499

-Marlo

[infinity_ph]

hey there!

any1 knws info abt juice,shawarma,waffle time kinda buz...pm me / iz_ph@yahoo.com tnx lot

[lanslot]

mga entrepreneurs, just want to ask what's the best business na pwede for me, i have no experience sa mga business i'm single and 22 working already. I'm really interested na mag karoon ng own business by next yr.. so hopefully guys you can help me out :)

[pretty_RoSaLeS]

hi guys, me and my bf want to put up a biz din. anu suggestions?

[sizzling]

Originally posted by marlo_kalbo

Former business partner ko c Omeng and I still have a few businesses running (alam ni pareng romy)

But income-wise, efficiency-wise, not as good as network marketing...


Did Omeng join your network marketing group? :)

[little sue]

Originally posted by lanslot
mga entrepreneurs, just want to ask what's the best business na pwede for me, i have no experience sa mga business i'm single and 22 working already. I'm really interested na mag karoon ng own business by next yr.. so hopefully guys you can help me out :)

mag isip ka ng hobby mo. from there parang you are doing business and having fun at the same time. hindi ka ma bo-bored, walang masyadong stress, wlang tension.

just want to share...

me & my bf is currently running an internet shop (6 PC + 1 server), small capital lang 250k kasama na renovation ng place kasi dito sa may garage namin ginawa kaya *** kaming rent sa place. we started october of last year nung super hit pa ang ragnarok. the biz did great!

right now, we are curently trying to venture on the fashion accessory biz. snce iam having a lot of fun doing my own necklace, bracelet & earrings we thought of doing it na rin as a biz. i started selling it sa different forums, we do friendster, e-mail & text brigade and a couple of orders came naman. positive naman ang feedback and satisfied naman sila sa product. hopefully (as in sana talaga...) mag expand yung biz namin on 2005, and we both promise to do everything we can para magtuloy-tuloy ang biz na gusto ko dati pa!

if you guys want to view some of our collections please view www.picturetrail.com/pinkcarrot

our next target is food biz, you can never go wrong with it as long as alam mong saleable sa market yung product at hindi pwedeng hindi nila bibilhin yun. a simple tapsilogan, squid ball stand, burger or sandwich stand bsta yung mura lang ang capital para safe. try to market it near a school, or kahit saan na daanan ng tao. believe it or not we put up a hotdog & hamburger stand outside our PC shop kumikita kami ng P700-P800 a day.

konting tsaga lang ****, bawasan ang hiya, lakas ng loob at konting P.R = voila! good profiting biz

good luck po sating lahat :*)

[paulgilbert80]

galing mo naman little sue

[little sue]

Originally posted by paulgilbert80
galing mo naman little sue

thanks po. :D

[erningu]

Originally posted by paulgilbert80
galing mo naman little sue

I agree at hindi lang magaling...super maabilidad pa, sana naman magbukas sa isipan natin pinoy ang katulad ni Little sue.

P.S. I visit your web site its nice.

[little sue]

Originally posted by erningu
I agree at hindi lang magaling...super maabilidad pa, sana naman magbukas sa isipan natin pinoy ang katulad ni Little sue.

P.S. I visit your web site its nice.

oi na touch naman ako, salamat po. sana ma inspire ko kayo sa mga pinag gagagawa ko sa buhay :D

[ichi]

For fellow entrepreneurs... I was just wondering...

Why aim for something small when you can aim for something a whole lot bigger? Is it because of responsibility issues?

Please do not answer "monetary constraints" since there are lots of ways to solve this problem...

I was just wondering why most people aim for something that can easily be achieved instead of aiming for something that is bigger and more fulfilling.

[paulgilbert80]

malakas ata hangin sa taas basahin nyo

[travy]

Originally posted by marlo_kalbo
Ey all...

Former business partner ko c Omeng and I still have a few businesses running (alam ni pareng romy)

But income-wise, efficiency-wise, not as good as network marketing...

I know not everyone can be successful in network marketing...

Pero sa group kasi namin, inaalalayan lahat ng members...

Kaya kahit bago ka palang pwede nang mag "start the ball rolling"

I know shameless plug... but this works so much better for me...

No rental costs, no electricity, no phone bills...

Plus with a group like ours, kahit paupo-upo ka lang ...

The group will work for you... ;)

Plus income potential ng mga kilalang franchised food chains...

Contact me and I will prove it all to you ;) No bull.

0918 458 6499

-Marlo



can u post here ur opportunity? does it have a website?

[Krakista]

Originally posted by paulgilbert80
malakas ata hangin sa taas basahin nyo It's a valid post, please don't derail it.

Anyway, Merry Christmas everyone!

http://free.cx001.com/vvkkvv/mdg_madoka01.jpg

[tqbfjotld]

Originally posted by little sue
our next target is food biz, you can never go wrong with it as long as alam mong saleable sa market yung product at hindi pwedeng hindi nila bibilhin yun. a simple tapsilogan, squid ball stand, burger or sandwich stand bsta yung mura lang ang capital para safe. try to market it near a school, or kahit saan na daanan ng tao. believe it or not we put up a hotdog & hamburger stand outside our PC shop kumikita kami ng P700-P800 a day.


kumikita ng 700-800 per day? magkano naman ang expenses nyo per day? i might try this one, maliit lang kase ang capital and i guess, mabilis ang ROI.

Originally posted by ichi
For fellow entrepreneurs... I was just wondering...

Why aim for something small when you can aim for something a whole lot bigger? Is it because of responsibility issues?

Please do not answer "monetary constraints" since there are lots of ways to solve this problem...

I was just wondering why most people aim for something that can easily be achieved instead of aiming for something that is bigger and more fulfilling.

mahirap mag-take ng risk.
mahirap maging broke :D

kapag nagsisimula ka, di naman pwedeng bigla-biglaan na malakihan. ika nga- start small, dream big.

[little sue]

Originally posted by tqbfjotld
kumikita ng 700-800 per day? magkano naman ang expenses nyo per day? i might try this one, maliit lang kase ang capital and i guess, mabilis ang ROI.

kasi malupet ang tubo sa food biz, yep try it. kahit mag start ka muna sa lugaw ok lang yun -- dun talaga malupet ang kita lalo na sa palamig, wag lang sa shake ang konti ng tubo dun.

we sell cheesedog for P20.00, nakakaubos kami ng 3kilos a day. mura lang naman ang tinapay tapos yung mayo and catsup matagal naman bago ma ubos. tapos humanap ka ng panaderya na pwede isoli ang tianapay pag ndi na ubos. a capital of P1,000.00 will do pag nag start ka, maglalabs ka talaga kasi ng pera sa simula kasi wala ka pang supply on hand. later on mapapaikot mo na yung pera and you'll see what i mean by at as a good biz.


in regards to what ichi has posted

may point ka that monetary constraint is not an issue, pero we have to know that every person is not gifted with resources. if may pera naman, ndi ganun kadali mag venture sa biz, syempre ayaw naman naming maliliit na entreps na matulog yung money namin dba. we are all aiming na maging malaki yung biz, pero usually yung mga ganung tao na willing mag invest sa malalaking negosyo eh yung mga taong may mahabang pisi pa na huhugutin sa bulsa.

kaya pag maliit lang pinanggagagalinagn ng resources, medyo magtiis muna sa maliit, at mag tsga hangang limaki at lumago nag puhunan.

personally, i myself is a confessed "duwag" in putting investments, kahit pangakuan ako na guaranteed ang ROI ayoko pa rn... bakit kasi wala naman akong pag huhugutan ng pera eh, sapat lang yung money ko para ma support yung small biz ko at yung ibang personal needs ko. :*)