Young Entrepreneurs ** tayo

[ate germs]

hi silentmax,

yun nga ang hanap ko. mga specialized dressmaking centers. i searched the net and nahanap ko ay: GoldenHands Fashion & Art school tsaka Fashion Institute of the Philippines pero walang contact #. Hayayay. Anyways, salamat po ulit. Hanap na lang ulit ako.

pahelp din kung sinong may alam.

salamat ng marami.

[SILENTMAX]

26th NATIONAL CONFERENCE OF EMPLOYERS
"Filipino Entrepreneur: Local Roots, Global Reach"
17 - 18 May 2005/ Fiesta Pavilion Hall, Manila Hotel

# Great NETWORKING Opportunity
# Direct MARKETING ADVANTAGE
# Increased Product & Service
RECOGNITION
# Enhanced Company IMAGE
# Improved BUSINESS ACUMEN

REGISTRATION

ECOP MEMBER Regular Registration
Individual P4,500
Group P4,000
NON ECOP MEMBER
Individual P5,200
Group P4,500

Also featuring...

The NCE26 EXHIBIT

Participation fee is at P20,000 per booth

Inclusive of:
# Standard Booth Size (2m x 3m x 7ft)
# 2 monobloc chairs
# 1 information table
# Booth carpet
# Company name (cut-out styro) on fascia board
# 1 fluorescent lamp 40 watts
# 1 convenient outlet 220 volts (2 gang)
# credit mentions in souvenir magazine, conference proper & in press releases
SPEAKERS & PRESENTERS:

* HER EXCELLENCY PRESIDENT GLORIA MACAPAGAL-ARROYO
Together with:
* DR. LUCIO TAN, Philippine Airlines
* PROF. THOMAS LOPEZ, JR., AIM Master Entrepreneurship Program
* HON. ROMULO NERI, National Economic Development Authority
* MR. JOEY LAPID, Lapid Foods, Inc.
* MR. JOSE LEDESMA, St. Luke's Medical Center
* MS. CYNTHIA MAMON, Sun Microsystems Phils., Inc.
* SEN RALPH RECTO, Senate of the Philippines
* HON. JUAN SANTOS, Department of Trade and Industry
* SEC. RIGOBERTO TIGLAO, Presidential Adviser on the Creation of a Million Jobs
* MR. ANTONINO AQUINO, Manila Water
* MS. IVANNA DELA PEÑA, VP-Utility Economics, MERALCO
* DR. WIGBERTO TAÑADA, Fair Trade Alliance
* MR. MENELEO CARLOS, Federation of Philippine Industries
* MR. ROBERT PAGDANGANAN, Philippine International Trading Corporation
* R. LES REYES, Reyes Haircutters
* MR. ROBERTO GANDIONCO, Julie's Bakeshop
* MR. PABLO PLANAS, Invention Haus Int'l Corp
* MR. JOAQUIN QUINTOS IV, IBM Philippines
* MR. BENEDICT HERNANDEZ, Etelecare International, Inc.
* MR. KRISHNENDU DATTA, SAP Philippines & Indonesia
* MR. PATRICK CUMMING, Philippine-Australian Quality Technical & Vocational Education and Training
* MR. RUBEN DE LARA, TSPI Development Corporation
And more...

PLUS!
Golf Tournament (May 12), Fellowship (Mini Concert, Cocktails & Raffle), Kapatid Awards
Exciting RAFFLE PRIZES and GIVEAWAYS await LUCKY PARTICPANTS!

Brought to you by the
EMPLOYERS CONFEDERATION OF THE PHILIPPINES
For inquiries, please contact the NCE26 Project Team at
tel/ fax nos. (02) 8974656/ 8979498/ 8974010/ 8905005 or at e-mail address: nce26@ecop.org.ph
You may also visit the NCE26 website at www.geocities.com/nce26ecop

[omeng]

to the guy that asked about the gonuts franchise eto po...

snip snip

E-mail Michael Trillana at mot@i-manila.com.ph However, they are very strict with their requirements and will only give franchises to people willing to put in a lot of work themselves.

Tsong, third quarter this year pa raw sila mag-eentertain para sa franchise. Sayang walang dealership.. he he

[omeng]

yaiks..ang mahal, dude max. =)

Entrepreneurs Society of the Philippines Presents:

Improving Your Business Series: Poka Yoke - Error Proofing Your Business

Guest Speaker: Mr. Jig Lasquesty

What: ESP Business Meeting

When: May 18, 2005 (Wednesday)

Time: 6:00 pm to 7:00 pm – Registration and Dinner
7:00 pm to 9:00 pm – Meeting Proper

Where: Roces Room, Club Filipino, Greenhills, San Juan

Topic:Poka Yoke: Error Proofing Your Business

Entrance Fee: P200 – with snack
P350 – with dinner

RSVP: Please make your reservations and advise if snack or dinner. Email or call for Brian.

ESP Secretariat
23 Florida St., Greenhills, Mandaluyong City 1554
Tel. No.: 726 6740, 726 5466
Fax: 725 0220
Email: esp_secretariat@yahoo.com

[tqbfjotld]

how do i become an entrepreneur? where do i begin? what do i need?


paki-kwento naman paano kayo nag-start. thanks in advance :D

[omeng]

gabi noon.. madilim.. tanging ang kabilugan ng buwan ang nagtatanglaw ng liwanag.. at tahimik ang paligid.. maliban sa alulong ng asong gala...awoooooo..

dun ako napag-isip.. magtinda kaya ako ng fish ball.. =)

[tqbfjotld]

:rotflmao:

ayos!

[SILENTMAX]

on my part earliest recolection ko of being an entrepreneur was in the 3rd grade ata. pinadalhan ako nang nanay ko nang coloring books na nakuha nya sa states working as a dh. i sold it to my classmates pa isa isa. tapos i spent the money buying food and other stupid things i think...

what forged me into an entrepreneur is seeing other people who were well off than me and i came to that realization na maybe i could get a piece of that pie. na kung kaya nila kayo ko rin. and entrepreneurship is the path that i took to realize this dream

tqbfjotld: maraming paraan maraming paths to take. pero the biggest decision will come from you when you realize na your sick and tired of settling for things. your sick and tired of being poor. and when you decide na enough is enough na you want to take hold of your future. thats when you can become an entrepreneur.

all or nothing.

[Lakshmiykat]

Hey there! need to know what business is easy to invest now? Ty. :)

[omeng]

invest to yourself. nurture your mind and body before going to the battlefield.

[omeng]

on my part earliest recolection ko of being an entrepreneur was in the 3rd grade ata. pinadalhan ako nang nanay ko nang coloring books na nakuha nya sa states working as a dh. i sold it to my classmates pa isa isa. tapos i spent the money buying food and other stupid things i think...

what forged me into an entrepreneur is seeing other people who were well off than me and i came to that realization na maybe i could get a piece of that pie. na kung kaya nila kayo ko rin. and entrepreneurship is the path that i took to realize this dream

tqbfjotld: maraming paraan maraming paths to take. pero the biggest decision will come from you when you realize na your sick and tired of settling for things. your sick and tired of being poor. and when you decide na enough is enough na you want to take hold of your future. thats when you can become an entrepreneur.

all or nothing.

idol talaga.

almost same thing here!

but the scene that trigger me most was..

once upon a time.. oppss.. sorry got carried away again.. he he

anyway.. here's the real stuff..

i'm a frustrated pilot.. so i shift to become a flight dispatcher(3 years in the making).

and when i got there.. I said.. d a m n! I should mind my own business. I should have my own plane. I should have my own runway. I should have my own airport. And instead of flying airplane with myself, i should hire a pilot.

kaya eto ako ngayon nagbubungkal ng lupa para matupad ang mga ilusyon ko. =)

[b_9904]

How did i decide to become an entrepinoy?

hmmm... dali lang para saakin eh. both my parents are into business so i decided to follow thier path.

then i joined FLP and realized mas masarap may sariling negosyo.

[b_9904]

Hey there! need to know what business is easy to invest now? Ty. :)

dude,

magaral ka munang gumawa ng mga studies.

i mean feasibility, at business plan

dyan mo malalaman kung alin ang magagandang mga negosyo

also try the stock market although medyo risky nga lang

basta invest on your SELF muna

[amatsu]

Hi guys..im currently planning to put up an internet cafe. I want to ask sana my tita who is in the US to be business partners with me. She's close to our family but since she's in the US, the only communication we have is through email and occassional overseas calls. I've created a draft, description on how the business goes, and some business plans and I plan to email it to her next week. But i don't know how to ask if she's willing to be my business partner.

How do you ask someone to be your business partner?

I'm thinking if I should ask her at the beginning of my email if she wants to be my business partner and then tell her the details of the business, OR should i fill her in first on the details of the business and then ask her on the latter part of my email if she's willing to be my business partner?

I need your advice guys..i want to email her by next week to see what she thinks and i hope i do it right. Hopefully she'll agree to be business partners with me..please Lord.

thanks!! :)

[tqbfjotld]

^ call her. ask her if she's willing to become your business partner. then explain everything about your proposal.

[beefnmushroom]

if she doesn't agree to be business partners with you, ano na gagawin mo? suko na lang?

[omeng]

ha ha, si beef naman.. devil's advocate mode kagad.

amatsu, you may ask her opinion about your draft. just tell her that you need some advise or more inputs and you are considering her as an advisor or mentor, etc.

if she thinks, it's a good draft/business to invest, then ask her in a witty thingy.. "so, tita, you want 60-40% partnership or 55-45%?"

But mind you, dude, internet cafe' is not doing good right now, according to idol max. You might want to reconsider other stuff.

[SILENTMAX]

kaya eto ako ngayon nagbubungkal ng lupa para matupad ang mga ilusyon ko. =)


ok lang mag bungkal nang lupa kung dollar denominated naman ang kita :D




to amatsu: if you want to ask for your tita to be a partner having a business proposal with roi and capital requirements would be needed but this would just be the tip of the iceberg you need to show her or rather prove to her that your willing to stick to your business plan thru thick and thin. you have to prove your serious.

as omeng have said i wouldnt suggest an internet cafe business right now as with the cuttroath competition it will be only a matter of time before you will close down due to price war.

how about a water business instead? i hear the profit margins are better than coke. or try looking for an original idea something that hasnt been copied before.

its a funny thing about sme filipino business' the new business idea's scope is localized to what can only be seen in the local neighborhood. if one business is a success you would as soon see other business exactly like it copied to its exact likeness. but dont take my word for it. ask ricky reyes.

[amatsu]

thanks for the inputs guys.. dudette po ako hehe..

as much as im trying to be optimistic about this thing, i dont discount the fact na baka ayaw nya or what..but i have plans B & C. I'm really praying and hoping na OK sa kanya 'to. :)

mr. omeng, how come internet cafe business is not doing good now? dahil ba school break?

hmm..i can't think of any other business that i want to do aside from internet cafe as of NOW.. Eto kasi talaga ang passion ko..running an internet cafe.. :D

[omeng]

miss amatsu, that's according to internet cafe's expert max. one reason, the market was infested already by these cafe'. nag-aagawan kayo sa market, in short.

but it's really up to you, kung yan nga ang passion mo. but doing that kind of biz is i think, not easy as 1 2 3.

baka kainin lang ng overhead expenses mo ang kikitain ng shop mo. electricity bill and phone bill pa lang. yung manpower pa. equipment maintenance.

i got two of my friends closed down their shop. imagine the investment involved. malaki din yan. but it's still you're call, iha!

good luck, dudette!

if you want professional advise on how to start on this kind of biz, i think, max is offering consultation. of course, there's no such thing as free lunch. ha ha

[omeng]

"Sandwich every bit of criticism between two layers of praise."
- Mary Kay Ash, Entrepreneur

[Bourne Supreme]

Anybody know paano magbenta ng Coca Cola products, yung

home-based lang? Kailangan ba may sari-sari store pa? :)

[SILENTMAX]

miss amatsu if your really interested in this then i suggest you read
"E-myth" as if your business life depended on it. becouse it does.

and if your still interested after. i suggest you attend some of the mini- eb's here usualy held in tandem with the entrep networking night every last tuesday of the month.

[SILENTMAX]

Anybody know paano magbenta ng Coca Cola products, yung

home-based lang? Kailangan ba may sari-sari store pa? :)


try to find a succesful sari-sari store or restaurant and stalk their supplier. usualy comes in early in the morning or in the afternoon aproach the driver and ask for their boss's number this is for the retail end of the chain

if you plan to go for wholesaler you have to aproach the regional distrubutor with a letter of intent i think.

[Mymnosene]

Haven't posted here in the longest time... but I hope people are still as helpful as they were when I was still annoyingly active. :D

Does anyone know of a manufacturer of handmade paper? I finally found my niche making handmade paper crafts - invites, mostly, and we have a client from the states who's making my head ache. I really really really need specially made paper. HELP!

[maris_blaise]

hi, does anyone here know where i can buy or order slatwall setups or wall setups with holes where you can adjust the height and position of shelves? i hope i'm being clear. kasi i'm designing a showroom and i need a shelving setup that's adjustable. i'm looking for something similiar to the shelving at lacoste stores.

[SILENTMAX]

handyman at your favorite robinsons place


btw to miss amatsu register at tpc and read this

http://www.tipidpc.com/viewtopic.php?tid=32517&page=1

[b_9904]

its a funny thing about sme filipino business' the new business idea's scope is localized to what can only be seen in the local neighborhood. if one business is a success you would as soon see other business exactly like it copied to its exact likeness. but dont take my word for it. ask ricky reyes.

we copy, foriegners innovate... guess who will become the winner...

anyway, i must stress the importance of creativity in business.

creativity=innovation=money=SUCESS!!!

but ofcourse you'll need to add some more items in the equation :D

[chay_01]

i like this thread... astig!

[omeng]

mamaya na po...

Entrepreneurs Society of the Philippines Presents:

Improving Your Business Series: Poka Yoke - Error Proofing Your Business

Guest Speaker: Mr. Jig Lasquesty

What: ESP Business Meeting

When: May 18, 2005 (Wednesday)

Time: 6:00 pm to 7:00 pm – Registration and Dinner
7:00 pm to 9:00 pm – Meeting Proper

Where: Roces Room, Club Filipino, Greenhills, San Juan

Topic:Poka Yoke: Error Proofing Your Business

Entrance Fee: P200 – with snack
P350 – with dinner

RSVP: Please make your reservations and advise if snack or dinner. Email or call for Brian.

ESP Secretariat
23 Florida St., Greenhills, Mandaluyong City 1554
Tel. No.: 726 6740, 726 5466
Fax: 725 0220
Email: esp_secretariat@yahoo.com

[maris_blaise]

handyman at your favorite robinsons place



thanks, pero hindi ba mas mahal lalabas pag dun ako bumili. mas ok sana kung straight from the supplier. does anyone here know a supplier for the matrix type na adjustable shelves? (like in laccoste stores and sm makati dept store) thanks! :)

[SILENTMAX]

ive found that handyman has their prices adjusted accordingly to the outside market. "presyong intsik yan"

some construction companies purchase items direct from handy man. heck if you talk to handy mans manager you can get a discount, i know i have.

unless you intend to go for volume selling the racks theres no instances where handyman will cost you more.

"penny wise but pound foolish" is also in effect here.

[maris_blaise]

that's great! :) thanks for the tip.

[Krakista]

miss amatsu, that's according to internet cafe's expert max. one reason, the market was infested already by these cafe'. nag-aagawan kayo sa market, in short.If it is saturated, then differentiate. The Gateway Mall has La-Z-Boy seats in their cinema to differentiate from other cinemas. Here in my place, there's a newly-opened Internet Cafe next door but it's a 'net cafe cum spa, may masahista pa. If I were to make my own Internet Cafe, I'll serve movies. Kunwari download from bittorent pero nasa server lang. Syempre some La-Z-Boy seats too.

[maris_blaise]

^^ that's a great idea. add to that downloadable tv series and you've got a place i'll gladly go to. ;)

[tqbfjotld]

If I were to make my own Internet Cafe, I'll serve movies. Kunwari download from bittorent pero nasa server lang. Syempre some La-Z-Boy seats too.

di ba magkakaproblema nyan with VRB?

[Krakista]

Yes, kung magpapahuli ka. Anyway, further details are better discussed offline. :)

[omeng]

If it is saturated, then differentiate. The Gateway Mall has La-Z-Boy seats in their cinema to differentiate from other cinemas. Here in my place, there's a newly-opened Internet Cafe next door but it's a 'net cafe cum spa, may masahista pa. If I were to make my own Internet Cafe, I'll serve movies. Kunwari download from bittorent pero nasa server lang. Syempre some La-Z-Boy seats too.

nice. :naughty:

what's new dude?

[killerabs]

I'm a work at home mom and set up a small business to add to our family's income. Super liit lang, I sell baby slings. I did direct selling before but now were branching by consigning in some shops.

We're registered with the dti (single proprietorship) and so I want to ask about the tax part. What do I have to do? Sobrang liit naman ng products srp 1,200. Do I really have to pay tax :naughty:

[SILENTMAX]

dont do what goma did.. declare ka

if you want declare ka nang no op (did not operate) but at least nag declare ka.

there are other ways around this but id rather not discuss dis online...

[killerabs]

actually i want to pay naman, am just asking if i there will be tax given that super small naman ang business, maybe i just need to file na lang and ask the bir instead but want to know from people who've done it before because sabi ng husband ko ang sungit daw ng mga tao don when he went.

[Krakista]

what's new dude?I just came from our newly-constructed next door neightbor. Aside from the Internet cafe cum spa, there's a 20-seat HSBC call center. I was just curious as I saw some linemen installing cables. Most likely they got a hosted solution from PLDT in Sampaloc.

[SILENTMAX]

actually i want to pay naman, am just asking if i there will be tax given that super small naman ang business, maybe i just need to file na lang and ask the bir instead but want to know from people who've done it before because sabi ng husband ko ang sungit daw ng mga tao don when he went.

all bir people are masungit to people coming there without bearing gifts hehehhehehe. it insults their position. hehehehhehe j/k

do not fall into the darkside my friend for fear of losing your loved ones leads to the dark side. dont fall into the same path as anakin who has become

TAX VADER :D

heheheh labo.

[omeng]

GROWING STRONG
By Dr. John C. Maxwell


I have a simple notebook that I carry with me all the time. My
"Traveling Companion," as I call it, is divided into several sections—a
compartment for things I'm thinking about right now, a place for items I'm trying to apply to my life right now, and a spot for insights I keep going back to because they are so life-changing for me.

I take my Traveling Companion everywhere because I never know when I am going to come across a bit of information that I might want to contemplate, analyze or memorize. It might be a newspaper clipping, a magazine article or notes I've taken during a meeting. Once, I even filed a particularly meaningful poem from a funeral bulletin in my notebook because I wanted to read it every day for a month and memorize it.

My Traveling Companion helps me stay organized, but it also serves
another important purpose: It keeps me growing. By filing material in my notebook, I continue to stretch. I continue to learn. I continue to apply. It never stops.

Why is this so important? Because leadership is about growing. In fact, as authors Warren Bennis and Burt Nanus once wrote, "It is the capacity to develop and improve their skills that distinguishes leaders from followers."

I'm passionate about my own growth, but I'm also committed to helping other leaders grow. I'd even go so far as to say that your personal growth is my personal mission. That's why I write this column. I want to see you grow. I want to see you develop. I want to see you reach your potential.

Much of my speaking and writing is devoted to the subject of personal development, and along the way, I've accumulated quite a collection of what I call "growth statements." Here are a few of my favorites.

"In order to do more, I've got to be more." People frequently ask me,
"How can I do more?" The answer isn't complicated: You have to develop personal capacity before you can have personal accomplishments. So many times we want to do more before we become more, but that's backwards.

"If you don't grow, you go!" Yes, that's a little hardnosed. But in our
highly competitive, ever-changing world, it's reality.

"It's one of the paradoxes of success that the things and the ways
which got you there are seldom those things that keep you there." Charles Handy was right on the money with that comment. It dovetails nicely with Rick Warren's statement that the "greatest detriment to today's success" is "yesterday's success."

"Whatever you do today, do it better tomorrow." Need a vision statement for your personal growth plan? This quote by Robert Schuller is a great place to start.

"For everything you gain, you lose something." This applies to many
areas of life, and personal development is no exception. What you leave behind when you grow is just as integral to the process as what you gain.

"You will never change your life until you change something you do
daily." Contrary to popular belief, there's nothing mystical about changing your life. The best way to grow is to make changes in your daily behavior.

With these growth statements fresh in your mind, let me leave you with four questions to help you evaluate how you're doing when it comes to personal development.

1. When's the last time you did something for the first time? If you
can't remember, make a concerted effort to try something new this week.

2. What have you learned and applied this month? In other words, how are you growing? It might be something as simple as memorizing a poem that inspires you or as complicated as learning a new computer program that increases your efficiency at work.

3. What do you do daily to facilitate your growth? I use my Traveling Companion to help me with this. You might want to try something similar, or you may have another system that works just as well. Whatever the case, the goal is continual improvement.

4. Are you teaching others what you are learning? Leaders often
mistakenly think that they have to learn something perfectly before they can pass it on to others. The fact of the matter is that, whether they realize it or not, all leaders transfer what they're learning to other people.

My final challenge to you is this: Grow with your people. Don't present yourself as Mr. Know-it-all or Ms. Answer Woman. Go to your team and say, "Here's a great book I'm reading; let's read it together" or, "Here's a concept I'm trying to grab hold of, let's reach for it together." As rewarding as it is to grow personally, it's even better when you take the journey with others.

[SILENTMAX]

nice article :)

[omeng]

Thanks, chief!

Here's another good one...

The Entrepreneurial Mindset
By Andy Ferreria
http://www.sme.com.ph/sme-resources-tools/resources-tools.php?page=articles&id=76

Many people have the misconception that the word “entrepreneur” connotes a person. Many people visualize an entrepreneur as a person who owns his/her own enterprise. Many people think that an entrepreneur is a person taking risks by starting and running a small business. Many people believe that entrepreneurs are creative and less logical thinkers.

Well, these many people are all wrong. Entrepreneurship is a mindset. It is a thinking process. It is a way of looking at the environment.

The non-entrepreneurial mind looks for problems and finds them. The non-entrepreneurial mindset solves problems by making decisions. The non-entrepreneurial mindset anticipates all the problems and prepared for them.

In contrast, the entrepreneurial mindset seeks opportunities, screens opportunities and seizes opportunities. Instead of seeing the danger in a crisis, opportunities are seen. Instead of making decision to solve the problem, opportunities will be pursued. Instead of making a plan to prevent problems, a set of opportunity seizing tasks are started and an initial plan to swiftly convert the idea into a reality is made. The key words in seizing are initial plane. This plan is ready to be changed on the fly when the seizing is not fast enough.

Indeed, the entrepreneurial mindset is in constant idea generation. These ideas are meant to discover opportunities to increase profitability, productivity and professionalism. These ideas are screened to determine which ideas would be incubated. The critical part of the process is checking the idea for its fit to the vision and the market. This fit test differentiates great ideas from irrelevant ideas. Both market and vision fit must be present. The market fit demands that the idea will potentially be accepted by the market. The vision fit demands that the idea is consistent with the vision of the person and/or the firm.

The incubation process tests the idea in a very manageable scale. It must be big enough to simulate reality but small enough not to critically injure the person and and/or the firm, is the incubation must be done in a very short time (others are watching and they may implement earlier). When incubation is successful, a full implementation with full human and financial resources must be done.

In the process of idea generation, incubation and implementation, the entrepreneurial mindset moves from the creative mind to the logical mind. The entrepreneurial mind is whole brained (not only left or right brained). In the idea generation process, there is more creativity but it’s founded on some logic. The incubation process requires more logic and less creativity. The entrepreneurial mindset is able to balance the two sides of the brain and calls into action the correct balance as demanded by the process.

This mindset however is not only found in the body of a person who owns his/her own enterprise. It is found in the three types of entrepreneurs. The first type is the classic entrepreneur. This type of entrepreneur is the one often referred to as an entrepreneur. The great challenge to this set is to use the mindset to find opportunities and ideas to professionalize ideas that he been implemented. This is the secret of many classic entrepreneurs who have grown their initially small enterprise to a large enterprise. The ability to professionalize the implementation leaves the original entrepreneur more time to seek more opportunities and generate new enterprises. Those who can’t will remain small.

The other two types of persons that can have this mindset are the corporate entrepreneur and the social entrepreneur. Corporate entrepreneurs are individuals who do not own the firm they work for but use the mindset to increase the profitability, productivity and professionalism of the enterprise. Corporate entrepreneurs will however not survive if the classic entrepreneur who owns the enterprise does not create the environment that will allow corporate entrepreneurs to thrive.

The social entrepreneur is a person who uses the mindset not only to improve profitability, productivity and professionalism but also improve social equality and environmental sustainability using enterprise creation for the disadvantaged.

Entrepreneurship is a mindset that is practiced by three types… the classic entrepreneur, the corporate entrepreneur and the social entrepreneur. Every person has an opportunity to practice the entrepreneurial mindset.

Source: Businessline Vol. 3 No. 1 2005

[omeng]

The person who starts out simply with the idea of getting rich
won't succeed; you must have a larger ambition.
There is no mystery in business success.
If you do each day's task successfully, and stay faithfully within
these natural operations of commercial laws which I talk so much
about, and keep your head clear, you will come out all right.

--John D. Rockefeller 1839-1937, American Industrialist,
Philanthropist, Founder Exxon

[b_9904]

Mga peeps

I need recommendations for:

brittle/destructible/security sticker printers (as in printing press) for aluminum and stainless steel surfaces.

Networking nights:

punta po ba kayo doon? if so please pm me naman your cp's para sabay tayong pumunta if ever :D

ty po and god bless us all :saint:

[omeng]

Dear friend of Entrepreneur Philippines,

Want to know how to make money from your ingenuity?

Then join Entrepreneur Philippines' 48th Networking Night entitled "HOT PINOY INVENTIONS" on May 31, 6 PM to 9 PM at PHI Resto Bar, Metrowalk, Meralco Avenue, Pasig City, and find out how three Pinoy inventors turned their inventions to successful money-making ventures.

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 Antonio Mateo, inventor of the multi-purpose wheelchair, Patrick Co, inventor of the Vehicle-monitoring system and Carlos Casas, inventor of the Voca Superamp, to share how their inventions became successful businesses.

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

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

Thank you and hope to see you there!



Mara Mercado
Marketing and Promotions Associate

[omeng]

http://www.gov.ph/news/default.asp?newsid=9689

No more collateral for SME loans from gov't banks -- DTI


DAVAO CITY, May 25 (PNA) - The government will remove collaterals imposed by state-run banks and financial institutions to activate the national lending program for small and medium enterprises (SMEs), Trade Secretary Juan Santos said.

This, as government banks kept asking stiff loan requirements from small entrepreneurs to avail of the SME Unified Lending Program for National Growth (Sulong) program, saying it is too risky.

Trade officials earlier reported that there was a "slowdown" in the program implementation, with only few SMEs benefiting from the government lending program.

Santos, in a dialogue with manufacturers and distributors here Tuesday, said they will study the matter to provide the capital needed by SMEs for business development.

"More efforts have been undertaken to assist our SMEs get the capital available for them," he said.

Santos said they want to provide more loans particularly to cooperative members.

The Sulong Program is a financing component of the government’s national SME development agenda. State-run banks are supposed to provide loans to small entrepreneurs at an average interest rate of 12 percent per year.

The Department of Trade and Industry facilitates the applications for the loans through Land Bank of the Philippines, Development Bank of the Philippines, National Livelihood Support Fund, Philippine Export-Import Credit Agency, Quedan and Rural Credit Guarantee Corporation, and Small Business Guarantee and Finance Corporation (SB Corp).

Mindanao traders earlier criticized the implementation of the program as it failed to deliver the promised benefits for Mindanao entrepreneurs.

Accordingly, SMEs in the island region received less than three percent of the more than P27 billion released by government since the program started in February 2003.

Santos said they have already requested state-run banks to soften their requirements to make it easier for SMEs to get loans.

The trade chief was in the city to facilitate the turn-over of price bulletin and billboards at the Agdao Public Market, the biggest market in the city.

Santos also met with the region’s labor groups and consumer organizations in a consultative assembly over significant issues. (PNA)

[SILENTMAX]

Isang siyam na taong-gulang na bata ang nakatayong umiiyak sa puntod ng kanyang ama.

Namana niya ang sakit ng kanyang ama pagtuntong niya sa edad na Labimpito (17). Subalit ayaw niyang magpatalo dito. Namasukan siya ng dalawang taon bilang “part time shoe salesman” sa pabrika mismo na itinayo ng kanyang ama.

Noong August ng 1874, sinabihan na siya ng kanyang doctor na huwag nang magtrabaho at mamahinga na lang sapagkat grabe na ang kanyang sakit. Nahuhulog na noon ang kanyang katawan. Sa sumunod na labingpitong taon ng kanyang buhay ay lalo niyang nakikita ang kanyang kainutilan. Nabalitaan niyang nasa kolehiyo na ang kanyang mga kaibigan, kumukuha ng kanya-kanyang kurso. Nag-iisa siya. Nag-break up sila ng kanyang kasintahan sa pag-aakalang malala na ang kanyang sakit.

Nagsimula siyang muli ng negosyo nang kaya na ng kanyang katawan. Bumili siya ng bukid sa Hilagang Dakota. Hindi naglaon, ibinenta niya ang 17,000 ektarya ng kanyang lupain upang bumalik ng Cleveland at bilhin ang isang giikan (mill) sa isang taong ang paniwala ay hindi na aangat ang negosyong panggigiik. Mula roon nalinang niya ang cereal at ang paglikha ng oat upang mapasagana ang kahalagahan ng kanilang nutrisyon. Nag-boomed ang “cereal oats” at naging paboritong pagkain.

Nitong dekada 90, napag-alaman ng mga doctor at nutriyunista na nakapagpapababa ng kolesterol sa katawan ang pagkain ng oatmeal. Hanggang ngayon, numero uno pa rin sa almusalan ng mga Amerikano ang QUAKER OATS na nilinang ni HENRY PARSONS CROWELL.

[SILENTMAX]

Pinoy inventions

http://reitechnologies.com/aircooler/2.jpg
http://reitechnologies.com/aircooler/6.jpg
http://reitechnologies.com/aircooler/8.jpg
http://reitechnologies.com/aircooler/9.jpg

pls support filipino inventors
contact person Mr suave of tpc
http://www.tipidpc.com/viewtopic.php?tid=34065&page=1

[SILENTMAX]

the ice lasts for a claimed 10 hrs.

thats a good enough sleeping time for me. :)

[GOwin]

cool! (no pun intended)

[omeng]

he he


From Entrepreneur Society of the Philippines;

Watch the show TALK N TELL tomorrow night (May 31, 2005), 7pm to 8pm, on RJTV 29 (UHF).

ESP Past President Alex Flores is hosting the show and President Jimmy Siybauco will be on it. They will be tackling important topics concerning Entrepreneurship and Business.

Channels for Cable Subscribers:

Skycable - Channel 61

Dentiny - Channel 87

Home - Channel 57

Sun - Channel 57

Please watch the show because it will be very informative.

[pringles22]

silentmax,

Dear friend of Entrepreneur Philippines,

Want to know how to make money from your ingenuity?

Then join Entrepreneur Philippines' 48th Networking Night entitled "HOT PINOY INVENTIONS" on May 31, 6 PM to 9 PM at PHI Resto Bar, Metrowalk, Meralco Avenue, Pasig City, and find out how three Pinoy inventors turned their inventions to successful money-making ventures.

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 Antonio Mateo, inventor of the multi-purpose wheelchair, Patrick Co, inventor of the Vehicle-monitoring system and Carlos Casas, inventor of the Voca Superamp, to share how their inventions became successful businesses.

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

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

aatend ka po ba n2? i used to be an active attendee ng mga gani2 and i learn a lot from it... :crazytongue:

malayo lang this time sa Pasig pala! :splat:

[SILENTMAX]

yes im going. i think omeng is going too. plus im meeting up another person there to do a possible jv

if anybody is planning also to go. pm nyo nalang ako. will give out my number sa pm.

this is a mini eb for young entrepreneurs held in tandem with Entrepreneur networking night. we do this for effciency and low overhead (di na kailngan nang event planner)

plus there is free food. you cant beat this.

(Fine print: you must bring copy of previus entrep mag to event or purchase newest issue there for entrance)

[SILENTMAX]

Entrepreneurship is the last refuge of the trouble making individual.
- Mason Cooley

We are now in the third stage of the industrial revolution. The first involved machines which extended human muscle; the second used machines to extend the human nervous system (radio, television, telephones); the third is now utilizing machines which extend the human mind-computers. About half of all service workers (43 percent of the labor force by 2000) will be involved in collecting, analyzing, synthesizing, structuring, storing, or retrieving information... By 1995, 80 percent of all management will be "knowledge workers.".
-Owen Davies

There are two things needed in these days; first, for rich men to find out how poor men live; and second, for poor men to know how rich men work.
- Edward Atkinson

A successful man is one who can lay a firm foundation with the bricks others have thrown at him.
- David Brinkley

Success: To laugh often and much, to win the respect of intelligent people and the affection of children, to earn the appreciation of honest critics and endure the betrayal of false friends, to appreciate beauty, to find the best in others, to leave the world a bit better, whether by a healthy child, a garden patch, or a redeemed social condition; to know even one life has breathed easier because you have lived. This is to have succeeded!
- Ralph Waldo Emerson

[pringles22]

elow silentmax :smile:

how's the event last nyt?

[omeng]

LOOK AND LISTEN
By Dr. John C. Maxwell

The main boardroom at my office is an odd shape. The large conference table in the room was designed for the space, which means that it's also an odd shape.

Architecturally speaking, the table is a beautiful piece of furniture.
The craftsmanship that went into it is readily apparent. And I suppose it makes good use of the space in the room. But the first time I saw it, I knew immediately that a leader didn't build it.

Let me explain. When I sit in a meeting where important conversations are taking place and decisions are being made, I want to see every one of the people visually. I want them in front of me. I want to see their eyes. I want to watch their actions. I want to read their body language.

At this table, I can't do that.

If I look to the left when seated at the table, I see the back of
somebody's head. That drives me absolutely crazy in meetings because I can't see that person's facial expressions. The design of the table makes it impossible for me to engage in an activity that is critical to successful leadership: observation.

In the landmark business tome In Search of Excellence, Tom Peters and Robert Waterman addressed this when they wrote about "management by walking around." Their point was that the best managers don't lead by staying holed up in their offices. They walk around. They see what's happening. They take the temperature of their organizations by observing their people at work.

This is what legendary basketball coach John Wooden did to help his
players improve their shooting percentages. "I observed [as they
practiced], I watched them," he said. "And when I found their spot, I went out there and drew a circle and said, ‘This is where you shoot from; this is where you make your shots.' "

Wooden wasn't "leading" as he did this. He wasn't casting a vision or
implementing a strategy. He was simply watching. But what he observed enabled him to help his players achieve their full potential, which is what leadership is all about.

When it comes to bringing out the best in others, observation goes hand in hand with another key leadership function: listening. To illustrate this, I'm going to draw from the experience of Captain Michael Abrashoff, former commander of the highly acclaimed USS Benfold. In his excellent book, It's Your Ship, Abrashoff tells how listening "aggressively" helped him transform the worst ship in the Pacific fleet into the top ship in the entire Navy.

"It didn't take me long," he writes, "to realize that my young crew was smart, talented, and full of good ideas that frequently came to nothing because no one in charge had ever listened to them. … I decided that my job was to listen aggressively and to pick up every good idea the crew had for improving the ship's operation.

"Some traditionalists might consider this heresy, but it actually is
just common sense," Abrashoff continues. "After all, the people who do the nuts-and-bolts work on the ship constantly see things that the officers don't. It seemed to me only prudent for the captain to work hard at seeing the ship through the crew's eyes."

I love that last statement. Great leaders are unique because they have the ability to see farther and broader and bigger than their people. At the same time, however, they also have the ability to see through the eyes of their people. I've often said that the best leaders have two sets of eyes—they have leaders' eyes and they have followers' eyes. And you develop followers' eyes by doing exactly what I've been writing about—observing and listening aggressively.

You may have never seen or heard the words listen and aggressive used together. I hadn't before I read Abrashoff's book. I've heard of
aggressive talkers and aggressive doers, but never aggressive listeners. And yet, it's a fitting way to describe the kind of listening that enhances productivity and builds a culture of empowerment.

When you listen aggressively, you're actively engaged in the
conversation. You're not just hearing words; you're reading all the signs I wish I could see when I'm sitting at our odd-shaped onference table—body language, facial expressions, etc. As a result, you absorb far more than you would if you were distracted or in a hurry. You also send a strong message that you value the person with whom you're communicating.

Buckminster Fuller, the 20th century inventor, mathematician and
futurist, once noted that, "By doing nothing more than observing and acting upon the obvious, a person can change the world." Your goal might not be to change the entire world, but you can make a positive impact in your area of influence by closely observing and aggressively listening to your people.

[pringles22]

In Search of Excellence - good reading material
Book namin yan sa la salle dati :wink:

[SILENTMAX]

pringles: you did not go. kaya di masaya :(

i was expecting 4 people to go to that net night. i was sure of their attendance.none went. sadly the will of being there was not important *****.



do or do not. there is no try.

[pringles22]

i had a bad cold that nyt, saka wala akong ride papunta dun sa pasig so i just went home and slept early :sleeper:

soweeee po,

[omeng]

uu nga.nagsentimyento si max sakin.he he

maybe we can apply this quote to them..

"the spirit is willing but the flesh is weak"

ha ha

[SILENTMAX]

"A market is never saturated with a good product, but it is
very quickly saturated with a bad one." -Henry Ford

One of the greatest discoveries a man makes, one of his great surprises, is to find he can do what he was afraid he couldn't do.
Henry Ford

[Krakista]

Pursuit of Passionate Purpose: Success Strategies for a Rewarding Personal and Business Life (http://rapidshare.de/files/2119840/Pursuit.of.Passionate.Purpose.Success.Strategies.for.a.Rewarding.Life.eBook-YYePG.rar.html)

[m4ppych4n]

hi all,

i've ventured into business recently and our little restaurant has just opened. it's located in ortigas. soft opening pa lang so we're looking for referrals sa mga printers para mag pa print ng flyers and ORs. hope you can recommend those with good rates and quality...

thanks!

[b_9904]

^tol, browse the yellow pages... madami dun kuha ka nalang ng mga qoutes nila tc

[OliverWood21]

hi all,

i've ventured into business recently and our little restaurant has just opened. it's located in ortigas. soft opening pa lang so we're looking for referrals sa mga printers para mag pa print ng flyers and ORs. hope you can recommend those with good rates and quality...

thanks!

I have a cousin who has a printing press and they offer affordable rates (not to mention of course that they have good quality since they have been serving companies like Fujitsu for 10 years now)....

Lemme know if you are interested...

Ciao

[SILENTMAX]

saw the most amazing. (unique) business in the longest time.

never thought that people here in the phils still took chances in un explored business ventures.

the shop is called Diaper Bodega located in bacoor cavite. near tropical hut. it sells all types of diapers downy type of products and some detergents i think for a little bit of diversifictation.

amazing.

[omeng]

hi all,

i've ventured into business recently and our little restaurant has just opened. it's located in ortigas. soft opening pa lang so we're looking for referrals sa mga printers para mag pa print ng flyers and ORs. hope you can recommend those with good rates and quality...

thanks!

PM me your requirements.

[omeng]

What’s in a Name?

“’Wag kang masilaw sa may pangalan,” says Mel Tiangco in a television commercial for a detergent product. However, a name, a trusted product or institution is something one can bank on. In a separate television commercial, there was this old lady who reprimands a grocery bagger asking why did they have to place the fresh milk product side by side with an unknown milk product that managed to trick the buyers. The old lady was trying to point out that even if competing milk is packaged almost the same with the trusted brand, still people go for the original.

How vital is a product’s name? It goes with responsibility. If you do not have something to offer—then that name means nothing. Any product before being offered for public consumption, it should be effective, competitive and most importantly beneficial to end-users.

As a creator of a product—you do not just primarily think of what you can get out of your product—the revenues. A name goes with a certain power. “With great power comes great responsibility,” sounds familiar?

So in building a name, it’s like building a friendship. Most of us would look for a friend that possesses the qualities of being honest, loyal, generous and so on… A product’s name should somehow exemplify the qualities I just mentioned. That spells out

"C - R - E - D - I - B - I - L - I - T - Y"!


RUSSELLE S. TRINIDAD
SME BizLink Editor

[omeng]

Jun.03.05 2:06PM
How to Start a Business

This half day seminar provides an overview of the factors to consider to start a business, including documentary requirements for registering the business.

Training fee : Php 50.00


June 10, 2005

Venue: Philippine Trade Training Center (PTTC) in Pasay City
Organizer: PTTC
Contact Person :
Contact Numbers : (632) 834-1344 to 1349
Email: info@pttc.gov.ph

*Source: DTI - Calendar of Events

[SILENTMAX]

punta ka boss? hmm mukhang affordable. mas mahal pa ang gas keysa training. :D

[omeng]

No. I knew already the ABC of Starting business. Pinopromote ko lang sila.. he he. The speaker is cool. I called him "the gray hair man".
uunga mahal pa gasolina.. pero sa mga di pa alam ang mag-start magtayo ng business.. this is the practical way.. =)

[SILENTMAX]

punta kaya ako. nakalimutan ko na ulit mag start nang business eh. baka kailngan ko nang refresher course. hehehhehehe lam mo naman business natin bara bara eh. di ko namalayan business na pala tawag sa ginagawa ko. kala ko laro laru lang :D



edit add:
hehehe sensya na masayahin lang ako ngayun start of school ulit masaya na naman ang marami sa industriya ko. tapos tumaas pa stock market hehehhe... hehehe saya talaga.

[f1williams]

hello!

as you know, almost everything now is made in china. it's the world's premier source for inexpensive goods. i will be leaving for china very soon for a buying trip. i would like to offer my sourcing services if you have any requirements. i have already established working relationships with factories and brokers there. depending on your product, you can order a minimum quantity of just several hundred pieces. you don't have to laden yourself with a whole container load of inventory.

likewise, i am also looking for dealers for products i'll be bringing in. i can offer you the best possible price since i'll be getting it direct from the source.

please email me your inquiries at f1williams@yahoo.com. let's talk about it. thanks! :)

[IGX]

Jun.03.05 2:06PM
How to Start a Business

This half day seminar provides an overview of the factors to consider to start a business, including documentary requirements for registering the business.

Training fee : Php 50.00


June 10, 2005

Venue: Philippine Trade Training Center (PTTC) in Pasay City
Organizer: PTTC
Contact Person :
Contact Numbers : (632) 834-1344 to 1349
Email: info@pttc.gov.ph

*Source: DTI - Calendar of Events


Sir anong oras sa June 10 ito? Kailangan ba bayad muna or pwede dun nalang? San ba itong PTTC?

I would like to attend, may kailangan bang dalhin?

[beefnmushroom]

tawagan mo na lang yung pttc office, nakalagay naman ang contact number e

[pringles22]

1pm to 5pm pala sked...
maka-attend nga! :lol:

[omeng]

Sir anong oras sa June 10 ito? Kailangan ba bayad muna or pwede dun nalang? San ba itong PTTC?

I would like to attend, may kailangan bang dalhin?

pwedeng dun ka na magbayad. Tapati yan ng PIER ONE sa roxas. TABI ng WORLD TRADE.

Pakitanong ang oras kay beef.. he he :D

[omeng]

punta kaya ako. nakalimutan ko na ulit mag start nang business eh. baka kailngan ko nang refresher course. hehehhehehe lam mo naman business natin bara bara eh. di ko namalayan business na pala tawag sa ginagawa ko. kala ko laro laru lang :D



edit add:
hehehe sensya na masayahin lang ako ngayun start of school ulit masaya na naman ang marami sa industriya ko. tapos tumaas pa stock market hehehhe... hehehe saya talaga.

he he.. again, gawin na nating corp yan. enjoy the benifits. can i have some stake on it? he he

may all the force be with you, brodeh!

[SILENTMAX]

matagal pa yan boss :)


good luck to all "FILIPINO ENTREPRENEURS" who laugh at the face of adversity and the economic situation. who in this time of uncertainties still decide on starting a business in the philiphines.

may the force be with us all *okay*

[SILENTMAX]

most people succede becouse their destined to. but other people succede becouse their are DETERMINED to.

change your stars

[earth4]

guys, im planning to put up a business (clothing business). is it good for me to start joining tiangges every xmas? what are the requirements ba? thanks.

[SILENTMAX]

yes you are on the right path. most people start that way to gauge the market to see if they can sell their products. these reduces the risk of overhead when you start. you will be able to know what sells and what doesnt sell. it also helps that the bazaar organizer handles all the paperwork for you. just pay them and set up your booth and your done. i know that go nuts donuts started this way. and so did my friend who currently sells t shirts now with her own rented spaces in ayala cebu and in davao. 3 na ata branch nun.

good luck on your business and god speed.

come on guys any advices for earth4?

[omeng]

Hi earth4!

clothing business as what? ukay-ukay? branded? tiange-tiangehan forever like in greenhills?

What market are you targeting? kids? women?

How much capital are you willing to invest?

Do you have supplier? are you importing already?

What about the name of your store/tiange?

=)

[omeng]

"If you are always on a survival mode, you will not accomplish anything great" --- John Maxwell

[omeng]

EXCELLENCE --- JUST A LITTLE BETTER THAN AVERAGE
by Dave Bowman, Human Resource Expert


It's so easy to be average at something - anything. And so we see the freeway of life packed with ordinary performers trying to figure out how they can win life's extraordinary rewards. But so many will only wonder why they've never won them.

Of course, there's nothing wrong with being average, as long as that's what one wants. After all, average is in the middle - between great and insignificant. That's not shabby. But the rewards in the middle are only average rewards. They aren't the result of excellence, or greatness.

It seems most people think of excellence as something unattainable for themselves. Self-excellence, or greatness is beyond their comprehension. We so often hear, "Oh, I could never do that!" I think that if every utterance of that phrase - since the beginning of time - came back as an echo, the decibel level would probably shatter the earth.

But in reality, the distance between extraordinary and average isn't really so much. It's often measured in inches instead of feet, yards, or miles; in seconds instead of minutes, hours or days; in small percentage points instead of huge numbers.

For example, consider the young, hot-shot baseball player from whom management expects a base hit once in every three times at bat. For this performance he'll be paid several million dollars, and very possibly the same or more for the next several seasons. In comparison, the average big leaguer's salary is between $200,000 and $500,000 (depending on many variables).

Let's assume the young hot-shot's salary is $3 million annually (not out of the ordinary today) and the average player's is $300,000. That would mean the hot-shot's performance, with his one hit in three times at bat, should be ten times better than the average player's. Yet, statistics show that the average player gets a hit every four times at bat. The actual difference, then, is nowhere near a factor of times ten!

Thus, we can conclude that in baseball, the rewards for "just a little better than average" are enormous!

So it is in life. Rewards come to us in proportion to how well we live our lives and do our work. However, the distance that separates exceptional and mediocre performance is often deceptively small.

For a salesperson, the difference could be one or two extra calls each day, or doing some research on a potential client's needs. For a student, it could be reading a chapter twice, or gaining a more in-depth perspective on a subject by reading an extra book or paper, or checking for mistakes before handing in a paper or exam. For a government worker, it could be taking on the extra project that nobody wants. For anyone past school age, maybe it's keeping skills at cutting-edge by attending specific classes on weekends or on weekday evenings.

In career management, the difference between excellent and average could be the "hoper and floater" syndrome. What's a hoper and floater?" That's someone who does only what's expected and nothing more; who doesn't go out of his or her way to help anyone else, or do anything extra. "Hopers and floaters" just hope they'll get promoted, hope they'll get a raise and simply float through their careers and lives, wondering why the big rewards haven't come their way. These folks haven't taken charge of their lives or careers by adding extra value to their endeavors. But, just as with baseball, this often requires so little extra effort, thought or time.

In our neighborhoods, have we taken the time to hold out a hand to those truly in need - indeed, have we even looked for or at them? Have we involved ourselves in our schools, or have we let someone else do that? Have we mentored parentless kids, helped in a civic project, or joined a community rebuilding project. This kind of excellence may not bring monetary rewards, but it sure feels good inside. And in the end, isn't that what really counts?

When spread over a semester, a career, or a lifetime, these little things we can do, these little "extras" can make an enormous difference, not only in terms of worldly rewards, but also in how we view ourselves - how we feel about ourselves and our lives.

Of course, I'd be remiss if, within this mix of ideas, I didn't discuss passion and talent. It's often one's intense interests that cause the development of innate talent, which can contribute greatly to excellence. Why? Because if we enjoy something (passion), we're probably pretty good at it (talent), and we're likely to put the extra time and effort into doing it well - since it's fun and not work. Thus, in the case of our baseball hot-shot, his passion may have caused the development of his talent, which may have contributed significantly to his success. That is, since he loved the sport, he may have spent every spare hour practicing his hitting technique - a great way to create excellence! The lesson here is for each of us to look for and follow our passions, and to let no one tell us to do otherwise, since intense interest and a developed talent can foster extraordinary results.

So, performance excellence can be measured in many ways. Often that measure is financial, but also it can be in how satisfied we are in what we've done or accomplished in our lives, in our careers and for others. Have we listened to our inner passions, developed our talents, "gone the extra mile" and made the world a better place for ourselves, our co-workers and our neighbors?

It takes so little to move average to excellent - and it's so worth the time and effort!

[SILENTMAX]

guys ako naman ang mag tatanong.

recently ive been reading up on LLC's (limited liability company)

i was wondering if this was applicable in the philiphines.
im wondering if anybody has done it.

still mapping out my options....

[Uncle Louie]

If you had 1M cash to invest with no other collateral, what type of business would you invest it in with the least risk and best chance of profit and longevity. The business could be in Metro Manila or the province anywhere in Luzon.

[tennisace]

guys ako naman ang mag tatanong.

recently ive been reading up on LLC's (limited liability company)

i was wondering if this was applicable in the philiphines.
im wondering if anybody has done it.

still mapping out my options....
I don't think it is applicable in the Phils. Americans have the convoluted US tax code to thank for LLCs. This business structure, IMO, was established to help small businesses and entrepreneurs by by giving them a corporate shield and eliminate double taxation.

[SILENTMAX]

boss tennisace
i feared that outcome. nobody said that the philiphines is a sme friendly country.




btw:

wallace report
an in depth study or rather an analysys of the philipines

wallace report pdf file (http://www.hondaclub.com.ph/forums/index.php?act=Attach&type=post&id=467583)

this is an important read.

[tennisace]

boss tennisace
i feared that outcome. nobody said that the philiphines is a sme friendly country.




btw:

wallace report
an in depth study or rather an analysys of the philipines

wallace report pdf file (http://www.hondaclub.com.ph/forums/index.php?act=Attach&type=post&id=467583)

this is an important read.
Oh, I think it's a lot worse than that. The way I look at it, the rules and requirements for establishing a business in the Phils. is so ridiculously restrictive that it stifles the growth of small businesses and discourages entrepreneurship. While the local SEC has every authority to regulate publicly-owned and/or publicly-traded companies, it has no business sticking their noses in privately-held enterprises. If I was a conspiracy theorist, I could say that this is a deliberate measure to ensure that only the wealthy are allowed to do substantial business (and dictate market pricing to their advantage) without competition from the little guys. It boggles my mind to think that a weak economy in a country of 70+ million is largely dependent upon local conglomerates and multinationals, while the world's largest and richest economy draws their economic strength from small and medium-sized businesses. SMEs should not be held to same financial standards and convoluted legalities as large corporations. Permits, licensing and all the other useless paperworks associated with it should be streamlined and perhaps even centralized so that one prospective entrepreneur only has to deal with a single agency for all the required paperwork. The current system practically forces the little guy to adopt a single proprietorship or a partnership where taxes become a real burden. Unable to take advantage of the benefits and tax breaks accorded to corporations, these little guys have to get creative when tax time comes, and I could hardly blame them for it. In the end, the government is losing billions of revenues that could have been placed into our national coffers. A simple change in the treatment of SMEs could very well stop this revenue hemorrhage.

Thanks for making the Wallace Report available. Very interesting, indeed. The information contained therein is nothing new. I've read them from various sources. But putting them all together like that gives the situation a whole new perspective. The 10-point outline is right on. It's a tough proposition, but with some luck and divine intervention, my kompadres and I can at least make an impact on Point No. 7.

[omeng]

http://www.gov.ph/news/default.asp?newsid=10162


Two Filipinos Bag Top Prizes in Business Plan Competition in The Netherlands

10 June 2005 – Ambassador Romeo A. Arguelles of the Philippine Embassy in The Hague, the Netherlands, reported to Secretary of Foreign Affairs Alberto G. Romulo that two Filipinos have won top prizes in two different categories in the Business in Development (BiD) Challenge, an international business plan competition organized by the Dutch National Commission for Sustainable Development (NCDO).

In the awards ceremony held in Utrecht, the Netherlands, on 3 June 2005, Noel Sarmiento Percil was given first prize in the category of Organization for Development for his business plan “Pelletizing Plants from Plastic Waste Materials.” Mr. Percil received a 20,000 Euro (€) financial start-up award.

Another Filipino, Jonah S. Nobleza, received the second prize in the category of Developing Country Individuals for his business proposal “Integrated Mobile Service Units for Coconut Processing.” Mr. Nobleza received a 5,000 € cash award. Another Filipino, Joshua B. Guinto, was a finalist in this same category.

Three other Filipinos – Robert Sagan, Darrel Napasinday and Roberto Alaban – participated in the competition, reaching the semifinal round.

Ambassador Arguelles explained that the BiD Challenge is the first international business plan competition for business ideas that specifically contribute to development. It is a project initiated by the NCDO and supported by the Dutch Ministry of Foreign Affairs and several Dutch multinational companies.

Around 700 Business Ideas from 130 countries were submitted this year, from which the best 40 ideas were invited to further develop their business cases into full business plans. Among those 40 business plans, six Filipino entries were selected as semi-finalists.

Awards were given out in four different categories: Developing Country Individuals, Dutch Individuals, Organization for Development, and Dutch Organization for Development. Foreign finalists figured in only the Developing Country Individuals and Organization for Development categories.

Ambassador Arguelles congratulated the young Filipino entrepreneurs “for the honor they bestowed on the Filipino people by winning this recognition in such a worthy competition.” Secretary Romulo directed the Ambassador to likewise extend his congratulations to the Filipino prizewinners and participants, citing them “as examples of Filipino ingenuity and creativity.” END



released 6/10/2005

[omeng]

i had that wallace report couple months ago.

"Truth hurts and reality bites."

But what the heck, may pag-asa pa pala. he he :D

[klowi]

What are the do's and don'ts?

Has anyone tried it na?

So far kasi I get customers by posting sa mga forums or mga classified ads.

Right now, I sell Lacoste shirts for men saka Benetton Hot & Cold Perfumes for men & women. Orig po lahat!!!

Actually, I shift products din depende kasi kung anong malakas sa market.

Anyone, who can propose cheaper products for reselling can send me PMs.

Those who wanted to buy naman my products can also PM me or contact me at +63927-5401326.

Other products are also available here:

http://cherrylanechua.juvioservice.com

[omeng]

If you had 1M cash to invest with no other collateral, what type of business would you invest it in with the least risk and best chance of profit and longevity. The business could be in Metro Manila or the province anywhere in Luzon.

You may read the entire thread. It might help. :)

[Uncle Louie]

You may read the entire thread. It might help. :)

Thanks, but I don't have time to wade through 47 pages of what may or may not be important information pertaining to my question. Besides, why would I need to know what someone on a forum said in January 2002 for answers about current and future business projections.

You might as well have answered, "I don't know!" or "There is no good business I could think of." It would have made better sense than, "You may read the entire thread. It might help." It probably would help more if people went out and did something rather than sit on their asses all day reading forum threads and answering questions, pretending they know something.

[SILENTMAX]

wow galeng




sir not to mean to be rude but is that how you ask for help from everbody?

[omeng]

:D

i don't know.

[tennisace]

Thanks, but I don't have time to wade through 47 pages of what may or may not be important information pertaining to my question. Besides, why would I need to know what someone on a forum said in January 2002 for answers about current and future business projections.

You might as well have answered, "I don't know!" or "There is no good business I could think of." It would have made better sense than, "You may read the entire thread. It might help." It probably would help more if people went out and did something rather than sit on their asses all day reading forum threads and answering questions, pretending they know something.

If your 1M question is a hypothetical one, I suggest you go fishing elsewhere.

If your question pertains to the fact that you have 1M to spare, then it would have made better sense if you said so in the first place. Did you have a question on (?!?!) "current and future business projections"?

The fact is, Uncle, there are people here who actually go out and are doing something. In any event, the participants of this forum deserve some courtesy.

You already seem to know the right answers, so why not enlighten us then, O great sage?

What would you do if you had 1M? Then perhaps you could tell us more about how you manage to get up off your butt everyday and operate a money-making machine. I'm quite sure we could learn a few things. After all, that is the purpose of this thread.

[redman]

this is typically the flow of pork meat: piggery --> ahente --> biyahero --> palengke.

an ahente collects live hogs ranging from 250 to 500 heads a week. they buy it from various piggeries (using current rates) from P86 to P89 a kilo and from backyard farms (1 to 10 sows) from P81 to P85 per kilo. on the average, a fattener ready to be butchered is around 85 kilos.

the ahente then sells live hogs he/she has collected to biyaheros from P89 to P91 a kilo. the biyahero then transports the hogs to the slaughterhouse, pays P150 to get the animal butchered and sells it to the stall owners (or renters) at the palengke for P117 a kilo. now, keep in mind that a butchered pig is about 10 kilos lighter because the innards and blood are taken out (and sold separately at a lower price).

it may seem that the ahente doesnt make much because theres not much wiggle room for him to drive up the price, but what he lacks in "patong", he makes up with the volume of hogs he collects and eventually sells. the ahente also has the least amount of risk because he buys and sells hogs in cash unlike biyaheros who for the most part are on credit terms with their clients from the palengke.

now for P1 million and if you dont mind getting your hands dirty (with pork blood and money), be a biyahero. heres how:

secure a business name from the dti
secure a mayors permit
handlers license from bai (bureau of animal industry)
transport permit from bai (you need a sticker to put on the windshield of your truck)

invest P180,000 on a second hand truck (make sure you go with a trusted mechanic when looking at one). invest an additional P30,000 on steel bars that has to be mounted/welded on the back of the truck.

would also need additional help (just two if youre willing to drive the truck yourself) that you can either pay on an "arawan" or weekly basis.

youd also need to pay the veterinarians at various checkpoint areas in the provinces where most of the hogs are coming from on your way to manila. the fee is typically P5 per head. no slaughterhouse in metro manila will let your hogs in if you dont secure vet clearance.

getting your hogs from ahentes versus getting hogs directly from pig farms has its plusses and minuses. on the plus side, youll never going to run out of hogs, even during christmas time when pork is at its highest demand. piggeries tend to prioritize ahentes than biyaheros who buy directly because ahentes are more consistent buyers. you can also pick and choose the hogs you want, depending on your clients from the palengke. some want short legged, others not too fatty, while others dont mind at all. on the negative side, the hogs from ahentos are already a couple or worse, several pesos higher versus getting hogs direct. heres what to do, eliminate the middle man for most of the year but also keep in contact with ahentes because time will come when the biyahero would need to buy from the ahente.

lets go to the fun part, i dont want to be so elaborate, i already did that when i wrote my business plan. but if theres any question, just ask. to summarize, buy the hogs for P86 a kilo, get it slaughtered, and sell it for P115. at P86/kilo, an 80 kilo hog would cost P6,880. at P115/kilo, you can sell slaughtered pig for P8,050 (take out 10 kilos because pork is lighter without innards and blood). lets say you only decide to start with 50 heads/week. now do the math and tell me what you think.

[SILENTMAX]

thank god i always have a calculator beside me. i think i ran out of fingers while thinking about this

234,000/month gross is not that bad in theory

sir cong
did you follow thru with your business plan and start this?

[redman]

^
dont forget the innards. the innards are sold too, for a lower price of course. the blood is given to the stall owners/renters for free. some stall owners/renters sell pork blood, most give it away when their customers purchase meat. balahibo at kuko lang ang sayang sa baboy.

once i receive accreditation from bai, all systems are go. i need to attend a seminar which is a prerequisite to obtain a handlers license and its only given every last thursday of the month. id have to wait until the end of this month to get a license. i already have a number of pig farms i can get hogs from. it helps that my wife manages her familys 100 sow level farm in lipa, batangas and her best friends husbands family owns a 350 sow level farm in dasmarinas, cavite. ive talked to ahentes, slaughterhouses, and have made deals with stall owners/renters from two palengkes here in the south.

im tired of everything playing out in my head. been here in the phils for three months and all ive done is party and do research on the hog dealership business. its time to move.

[SILENTMAX]

god speed boss all the best for your venture



btw if ever you need more contacts
i have a friend who owns a pig farm near trece
i have an uncle (who's realy a doctor....) who owns a pig farm in batangas
and i have a churchmate who runs a pig farm in carmona.


party hard but work harder :)
no guts no glory

[redman]

contacts in the south! priceless. one cannot have enough contacts. i appreciate that, dude.

but what i would REALLY appreciate is to get you drunk sometime. now, itd help if you clear out some space and delete those chicks msgs from your inbox so i can squeeze in my msg. :lol:

[SILENTMAX]

sorry about that. cleared my pm box already

you can make all the money in the world but
a girls whispered notes even though electronic is still priceless.
hehehehehe

[omeng]

na-feature ang hog industry sa entrep magz and it sez.. a billion industry sa pinas.

[Uncle Louie]

wow galeng

sir not to mean to be rude but is that how you ask for help from everbody?

SILENTMAX if this was meant for me, what was wrong about the way I asked for help in my first post? Do members of this forum normally answer help questions from a newby by telling them to go look for the answers themself? or do they just plain ignore newbies? My strong response to Omeng was to attract attention and it worked obviously. But the original intent of my post still remains. The title of this thread seemed like a perfect place to post my question and I tried to word it as direct to the point as I could.

Tennisace...So I take it from your response, that only people who could prove they have money need to post here.

I posted a question because I needed answers. Why can't Filipinos take anything literally. Yes, 1M is hypothetical. Do I need to show you my pay stub or income tax return copy to just post a question here or like you said, go fish elsewhere?

Redman...Thank you for sharing! I was hoping for more answers like yours. My cousin sells carabao meat wholesale and retail at the market in Pangasinan.
I don't mind getting my hands dirty. My parents taught me and my brothers and sisters to be independent at an early age. I do most of my auto repair. I have learned to weld also and own automotive tools and 2 welding machines and a 60 gallon air compressor. My hobby is classic cars, but mainly classic Chevy and GMC trucks. I could tear down a truck to the bare frame in one day and put it back together ready for paint in 2 weeks. I want to learn how to paint and upholster next. Just to get two bucket seats upholsterd here costs $400 base and up to $1000 or more for custom work. A 2 part paint job costs $2000 all the way to $10,000. I have a steady 40 hr work week. My truck hobby, wife, 2 kids, 4 pets, car and house maintenance takes up most of my spare time. I support my hobby by buying and selling truck parts. I bought a 72 Chevy truck complete and running and tore it to pieces and sold individual parts from it for cash. I know it sounds crazy but I paid $500 cash for the truck that had back registration of over $1000 if I titled it. So I parted it instead. I sold most of the parts from frame parts to body and interior parts and all the drive train for $2800 and still have $400 in parts from it left. I know restoring trucks may seem odd but just do a search on ebay on 1967-1972 Chevy trucks and you'll see how much following it has here.

Oh, I forgot one more hobby, I also teach Karate some nights. I don't get paid for this. It is a way to pay back my school and teacher by keeping his art alive. I also happen to be the cook of the house.

I was thinking of retiring in the Philippines with a small business to keep me busy. My experience is that when people retire lazy, they usually die early and don't get to enjoy their retirement.

I don't mean to offend hard working individuals here. My hard response was partly after reading the thread about Filipinos working abroad where they were complaining about how tired they were after work and still have to cook there own food and wash their clothes when in PI they had a maid. Well, we had between 2 to 3 maids at any given time when we lived in the Philippines but my father allowed me to sell newspapers with the son of the Pres. of Lions club when I was in grade 6 for "toys" money. And we spent most of it at the toy store in the Baguio market before we got home .

Oh ,well enough ranting. It is 12:40 AM here and I have to be up for work at 6:30 AM fo another 8 hours of hard work. Goodnight!

[Bentong0504]

hello to all..
im just new here in this thread.. and its quite to many post na din naman and nde ko lang alam kung meron na ding entrepreneurs dito who is into Rice trading..i am currently working here in the middle east and im planning to put up my own buz which is rice trading..
can somebody in here enlighten me about this buz...
i am planning to get my products in nueva ecija since i have relatives there..
thank you sa mga mag rereply po..

[redman]

na-feature ang hog industry sa entrep magz and it sez.. a billion industry sa pinas.

it was prolly about pig farms. kailangan lang talaga mahaba ang pisi mo. because it can take up to a year to make a cent. but dear heavens once everything works like clockwork, its like youve struck a gold mine. and i know this because ive seen the financials of an operating pig farm.


Uncle Louie - youre welcome.

[Bentong0504]

ei redman.. seems your bus. plan is interesting i have two piggery farms neighbor (and i may say i now used to that smell hehehe) i actually make a plan of doing the same business as yours but capital is the problem sabi mo nga kailangan mahaba talaga ang pisi mo..so what do you think is the best capital to start this business..do you think a 200K can start for this..
at any rate since i am also planning to venture into rice trading thus i might concentrate here first then try to expand into hog trading..

[redman]

to start a pig farm (not a backyard farm), you need millions. but to be a biyahero, 200K can work if the palengke people are going to pay you cash and if you already have a truck.

goodluck with rice trading. agribiz is the way to go.

[tennisace]

Uncle Louie,
I have no problems with the question you posted. It is certainly valid and I agree that this is the right venue for it. I take offense, however, when someone rides in on a high horse. If you’re asking why Filipinos can’t take anything literally, read your own responses. Perhaps you should have taken Omeng’s response literally and stopped your ranting after the first sentence. There is no need to respond in a condescending manner if you want attention. If you have issues with Omeng’s response, take it up with him and him alone. Don’t cast a general net characterizing “people”, i.e. the participants of this forum, as sitting on their butts all day pretending to know something. If you have issues with some other thread whose forumers whine about certain things, then leave it there. Don’t bring them here. And, by the way, you should have taken my response literally. I didn’t ask you for your bank account.

Now, having said that, you seem to be a multi-talented person whose heart is in the right place. With your acumen for restoring classic trucks, you could very well carve a nice profitable niche for yourself. You’re already buying and selling truck parts, perhaps you might want to consider extending this trade to the Philippines. You might be able to rescue some truck and automotive parts for next to nothing from junkyards here, recondition them yourself and send them to the Philippines. A specialty speed shop could be a possibility, or something along those lines. I think you should focus on what you’re good at first, examine the possibilities therein and stay within your element before considering alternatives that are just outside your realm of expertise.

[Uncle Louie]

tennisace..go back and read my question. It starts with "If YOU have 1M cash.... Then Omengs response..."read the entire thread..." (I did take it literally) Then my response to him up until everything in quotations were direct to the point. Yes, "I don't know", or "I don't have time to help", would have meant the same thing to me and I wouldn't take offense to honesty. I could even take a direct "F_ck off" with no problem. Could you? My harsh words were directed to him (see his quote above my response). I didn't say "all you people", but maybe I should have said "you Omeng...". I thought businessmen were a hardy bunch of folks that are able to take crap with the roses and still stay focused in business.

Now go read your response starting with. "If your 1M question is a hypothetical one, I suggest you go fishing elsewhere." And continue to the end of your response. Who is on a high horse here?

I really don't do show restoration like some do here. I did not try to imply that in my response. I try to bring them back to excellent driver condition. Anybody could tear down a truck, they are actually simpler than cars. After help from someone that's done it before and after you do it a few times putting it back together with good clean used or new parts is also not that hard with help with the heavy parts. What brings out a show quality classic vehicle is in the talent of the person that does the body prepping, painting and interior work. All this I have to pay for, that's why I try to make some extra money to finance part of the cost. Most people that do show car restorations here do it for a hobby only. They usually spend far more money than what they could sell it for. Not to mention the hours put into it. You have to have a passion for it. Of course there is that rare case where you find a rare classic that doesn't need much work and could sell it for large profits. But you have to know what you are looking for. All engine numbers, frame, color options should be correct for that year and model. I don't intend to do this when I retire.

[tennisace]

I didn't say "all you people", but maybe I should have said "you Omeng...".
Well, maybe you should have. If you wish to speak in the singular sense and direct your response to a specific person, may I suggest that you refrain from using plural terms. I don't mind taking the crap with the roses; I've done that for over 10 years. But, I take offense when someone tries to crap on my roses. As far as offering a response that you characterized as "strong" and "harsh" in order to get attention, well, all I can say is that you reap what you sow. Anyway, best of luck on your future endeavors.

[SILENTMAX]

now thats done and over with

cant we all just get along :)

edit add:

whats wrong with sitting on your butt all day long? as long as your making money right? heck bill gates could be sleeping and still be making money

***********************************************
We are now in the third stage of the industrial revolution. The first involved machines which extended human muscle; the second used machines to extend the human nervous system (radio, television, telephones); the third is now utilizing machines which extend the human mind-computers. About half of all service workers (43 percent of the labor force by 2000) will be involved in collecting, analyzing, synthesizing, structuring, storing, or retrieving information... By 1995, 80 percent of all management will be "knowledge workers.".
-Owen Davies
***********************************************

so ill just sit on my butt monitoring my mulitple security cameras and surfing the internet while at the same time still make money ;)


as what was said by an old duck
"work smarter not harder"

[omeng]

eherm.. ice cream anyone? :D

starting a busines is easy as 1 2 3, but on how to maintain and grow it is not easy as a b c.

i believe, that this thread will help you on what to do on your money. how to start with a very strong foundation.

i think, most business fail, because they lacked knowledge on what's ins and outs in the business world.

i can easily say.. buy a lotto franchise, only 500k plus booth construction, plus etc.. total of 700k. then, you still have a change of 300k. but that's not my style to help or to make some inputs.

that 1M(more or less) is just 1 brach of silentmax's internet cafe'. he have now 4 or 5, because of his good foundation and not because he have 4M to build those cafes'.

On this thread, you will learn what to do and what to avoid when putting up a corporation, the dos and donts.

anyway, to make it short, save some money and invest it to yourself.

Ciao!


oh by the way, you're not that strong.. he he :D

[pringles22]

i like ice cream! :bleh:

hey silentmax! we need security cameras for our warehouses.
can you pm me your contact details? :rolleyes:

[omeng]

The Cost of a Missed Call

Companies are aware of the value of lost telephone calls; time to bring that awareness to e-mail and other online channels

By Demir Barlas, Line56

Tuesday, June 14, 2005

------------------------------------------------------------------

$5.40. That's how much each missed call costs Pizza Hut, according to the company's own metrics. The number is so important that you can see it posted prominently in the back rooms of exclusively take-out/delivery Pizza Huts, where a manager notes how many calls have been missed on every day and appends their monetary value.

Pizza Hut has made a commitment to answering 97 percent of calls in the take-out/delivery context, because to settle for a lower answer rate is simply to leave money on the table.

That's just an example to demonstrate that, when it comes to the
telephone, companies have gone to the trouble of quantifying what calls cost and making sure that a minimum of calls go unanswered. Why, then, are so many companies, even important enterprises, refusing to comprehend the similar value of e-mail?

It takes no great perspicacity to figure out that ignoring e-mails --
even from those prospects signaling a clear intention to buy -- is bad
business, and cannot be excused by saying that the channel requires vast new investments.

Setting up, at bare minimum, an autoresponding message is something that can be done in minutes, at no cost and great benefit to companies. Back in 2003, Ford VP Lloyd Hansen, speaking at a Forrester automotive summit, noted that Ford dealers who responded (or auto-responded) to e-mail inquiries within 15 minutes were able to achieve an 18 percent closing rate whereas e-mails that were answered more than two hours later yielded a 10 percent closing rate. The closing rate is nearly two times higher in the first instance; imagine what it could realistically be in the case of dealers who don't respond at all.

In a world in which e-mail has become the equivalent of the telephone, ignorance is no longer an excuse for companies to refuse to answer e-mails. Those who are responsible for letting e-mails go unanswered are taking money away from their own companies.

[omeng]

i like ice cream! :bleh:

hey silentmax! we need security cameras for our warehouses.
can you pm me your contact details? :rolleyes:

halow.. one scoop for you.. btw, might interest you po.. www.starcomm.com.ph --> since you missed to attend last entrep night. :D

[pringles22]

are you from starcomm omeng? :rolleyes:

[omeng]

nope. ako'y isang hampaslupang maglulupa po. :D

you may call them and set an appointment for actual demo. no charge daw.

[Uncle Louie]

[QUOTE=SILENTMAX]now thats done and over with

cant we all just get along :)
-Yes! I'm easy...it's done.

whats wrong with sitting on your butt all day long? as long as your making money right? heck bill gates could be sleeping and still be making money

-You're right, nothing wrong with sitting on your butt while making money, but if you sat on it all day long you might get ugly calouses on your but :lol: Bill Gates makes lots of money every minute of the day, but I'm not sure if he gets enough sleep. Making tons of money is ok, but I prefer to have peace of mind.

Redman, I finally took time to read and understand your idea, and it sounds great. It is something I would consider, but will probably hire people to do all the work. My wife complains about my smell after working on my trucks now. :lol:

omeng, are those figures on the lotto franchise true, and if so, is their an internet site where I could get more information on this?

My cousins wife suggested the best way to make money now in Pangasinan is to loan money to people for interest. The figures she gave me when I spoke with her 2 months ago, calculated to a 60% return on my investment, if I remember correctly. Even if I gave her half of all profits to run the business herself, 30% still beats the stock market these days. My concern was collecting the money from people but she didn't seam concerned at all. I figured, if I carried the whole principal and received a guaranteed 30% return on all monies lent out, she could keep the other 30% minus any losses due to non-payment. Has anyone heard of this business of loaning money? Anyone care to share your input?
Also, how good is real estate investment in Metro Manila or the provinces? How much has residential real estate appreciated in the last 2 years? Anyone care to predict what future appreciation would be?

[omeng]

[QUOTE=SILENTMAX]omeng, are those figures on the lotto franchise true, and if so, is their an internet site where I could get more information on this?

You may only get that information when you call them or visit their head office. My business friend called them four months ago, and that was the franchise fee.

www.pcso.gov.ph <-- to be familiarize with the games

My friend in cebu told me that the franchise is more cheaper than metro manila.

[omeng]

[QUOTE=SILENTMAX]My cousins wife suggested the best way to make money now in Pangasinan is to loan money to people for interest. The figures she gave me when I spoke with her 2 months ago, calculated to a 60% return on my investment, if I remember correctly. Even if I gave her half of all profits to run the business herself, 30% still beats the stock market these days. My concern was collecting the money from people but she didn't seam concerned at all. I figured, if I carried the whole principal and received a guaranteed 30% return on all monies lent out, she could keep the other 30% minus any losses due to non-payment. Has anyone heard of this business of loaning money? Anyone care to share your input?

Never go to this thing, amigo!

search the google... MMG, Multitel, Tibayan, Glassgow, and so many other pyramiding scam.

[tennisace]

Has anyone heard of this business of loaning money? Anyone care to share your input?
Also, how good is real estate investment in Metro Manila or the provinces? How much has residential real estate appreciated in the last 2 years? Anyone care to predict what future appreciation would be?
Yes. It's called loan-sharking. I agree with Omeng. You don't want to get involved in this. The returns are tempting, but you have to realize that you will be taking on an enormous amount of risk. It is also an illegal activity. Like I said, you reap what you sow. You'd be better off with the peace of mind of doing something on the up-and-up and above the table.

Real estate is always a good thing. Unless your land is a former toxic dumpsite, there will always be money in it. I go for the provinces where real estate is still undervalued. I bought a small tract of land in the South for less than half a million, planted some trees and kept it agricultural for tax reasons. Now, the trees have been harvested and turned into electrical utility poles, and the land is bordered on three sides by new subdivisions. With the trees gone, I had it converted into a residential property and subdivided it into several lots. I expect to net at least 15M after the lots are sold and I still get to keep a couple of portions. If I make a few bucks on this venture I'm currently working on with some very special people, I might build houses there and make even more money. You might want to consider something like this instead of loan-sharking.

[Uncle Louie]

I had no clue it was illegal. She said there would be a written contract for the loan. We will be lending the money to people who could not obtain the money from the banks because of lack of collateral or for whatever reason. Why is a business agreement like this between 2 adults illegal in the Philippines? I'm not doubting your knowledge, but it really sounds absurd that the government would put controls on this. I understand if the money is used in illegal drug making or other illegal activities by what is wrong with lending someone money to start a business or buy needed products for his farm, or pay for fees to get a job abroad?

[GOwin]

More accurately, it's called Usury.

This law was effectively suspended by virtue of central bank circular # 905 which took effect on Jan. 1, 1983 which removed the ceiling on interest rates for secured and unsecured loans, regardless of maturity.

[patriot]

i like ice cream! :bleh:

hey silentmax! we need security cameras for our warehouses.
can you pm me your contact details? :rolleyes:

Hi pringles22 . My business is to supply security cameras for various establishment. Maybe you want to check our website at www.aaspycam.com

I love this thread! Keep on posting guys!

[tennisace]

More accurately, it's called Usury.

This law was effectively suspended by virtue of central bank circular # 905 which took effect on Jan. 1, 1983 which removed the ceiling on interest rates for secured and unsecured loans, regardless of maturity.
Well, usury is the sanitized politically-correct term. I just thought I’d call a spade for what it really is. Hehehe

The anti-usury law may have been suspended in 1983, but the Central Bank was abolished in 1993 and replaced with the Bangko Sentral by virtue of the New Central Bank Act. So, the rules prior to 1993 may have been repealed, amended or annotated.

As far as I know, it is illegal for a person (or persons) or an entity to engage in banking or quasi-banking operations (money-lending is such an operation) without authority from the Bangko Sentral. There are BIR issues with this as well. It’s one thing to loan money to friends and relatives on occasion, but doing it with the intention of profiting from it is another story. If a contract is made between two parties under these circumstances, I don’t think the contract itself would have any legal standing. Furthermore, the contract would fall under the Negotiable Instruments law and if the contract does not conform to it, then it is invalid. If the borrower defaults on an unsecured loan at 30% interest, what recourse would the lender have? Break the guys legs? hehehe

But let me know if I’m wrong on this one. If usury is allowed under Philippine law, I would waste no time in setting up this money-lending scheme. Seriously.

[Uncle Louie]

I remember, in the early 70's, my parents loaned money to farmers in return for a portion of the crop (mostly unmilled rice) as interest. I didn't know they were disobeying the law, he he. I guess they were a lot more relaxed about this in the provinces, including the black market of US goods and dollar exchange.

I was there a couple years ago and it seemed to me the black market exchanging of Dollars was legal. That's how it appeared anyway, ha ha. Also I noticed you could buy just about any US goods anywhere. I was surprised to see Johnny Walker Blue label in a supermarket in Dagupan and it was cheaper than in the States or the airport duty free shops. My friend, who just sold his bar in Berkeley, California and most Americans for that matter, have never heard of blue label. My cousin from our barrio knew about it to my surprise. Although, I thought it was a complete waste of money buying another bottle (my younger brother bought 2 from the duty free shop at the airport) In Dagupan, I just had to compare it to the bottle we brought and yes, it was the real thing. I still prefer the taste of Black Label over blue or gold, although I don't drink too much anymore.

There is no reason to bring pasalubong from the states because everything we brought could have been purchased locally. Next time I'm travelling with handcarry only. No more big Balikbayan boxes, LOL.

Getting back to the subject, I am curious as well to the legality of lending money. I know of another person in Laoag that has done this. If it is legal I was going to finance it from CA and open a LBC ATM account for my cousin to withdraw cash from. Since my cousin would act as a manager/contractor where I keep half of the total gross interest and my cousins net would be the other half minus expenses (ATM fees, collection costs and losses). I would leave the legbreaking to them. Ha ha!

[tennisace]

I would leave the legbreaking to them. Ha ha!
That's a good one! :rotflmao:

What would it take to open up a legal money-lending operation? I would think that it would make more sense to do it on the level. At least you'd have some legal recourse in case of loan defaults and there would be no need to break legs. Then again, I heard jueteng is popular these days. hehehe

[Uncle Louie]

That's a good one! :rotflmao:

What would it take to open up a legal money-lending operation? I would think that it would make more sense to do it on the level. At least you'd have some legal recourse in case of loan defaults and there would be no need to break legs. Then again, I heard jueteng is popular these days. hehehe

When I lived in Pangasinan, I didn't beleive Jueteng was fixed until one day while my cousin and I were following two of the guys that worked for the "Juetengan" , we heard one of then say in a joking manner to the other, "Ang lalabas ngayon, 18-30". We were walking behind them on the way to the Juetengan that day and watched as one of them drew the numbers 18-30. My cousin and I just looked at each other wishing we had bet those numbers. :mecry:

I will call my cousin this weekend and try to get more details about the money-lending business his wife had suggested.

To all that are celebrating it this Sunday, advanced happy fathers day! I'll be gone "fishing" this weekend...not for information but for the kind that swims. :D

[tennisace]

I'll be gone "fishing" this weekend...not for information but for the kind that swims. :D
May you catch 1M of them *okay*

[zelle adamas]

hi everyone, i'm new here so forgive me if i make some mistakes. anyway i'd like to comment on the moneylending thing?
if you decide to be legal, medyo mahina na ang kita. i see some flyers in the batangas-lucena area offering 2% interest lang. but if gusto mo lang na unofficial ka pwede naman basta ayos lang mga papers between you and the loaner. and DAPAT may collateral.

[SILENTMAX]

i like ice cream! :bleh:

hey silentmax! we need security cameras for our warehouses.
can you pm me your contact details? :rolleyes:

hi pringles
i have a pet project on going, "network solutions" its going to be a subsidiary
basicaly the security camera is accesible over the internet (ip camera) its a bit costly but worth every penny becouse wherever you are in the world you can access the camera.

Project ZION
Network Solutions

services offered:
Lan/WAN integration
Wifi instalation
Ip (security) camera instalation
Multiple monitors extended desktop (perfect for daytraders)

i can also install cctv sa warehouse nyo wired or wireless this is much cheaper than the ip camera.

ive been meaning to start this venture pero im bogged down sa work sa shops ko start of school and everything the inflow of customers have really kept me busy

pm me nalang for more info :)

[SILENTMAX]

nope. ako'y isang hampaslupang maglulupa po. :D

you may call them and set an appointment for actual demo. no charge daw.

nak nang teteng hampas lupa nga earning in dollars naman :rotflmao:

earning in foreign currency while lbym (living beneath your means) in the philiphines

this is how you accumulate wealth *okay*

[SILENTMAX]

More accurately, it's called Usury.

This law was effectively suspended by virtue of central bank circular # 905 which took effect on Jan. 1, 1983 which removed the ceiling on interest rates for secured and unsecured loans, regardless of maturity.

musta business natin?

:D

[SILENTMAX]

hi everyone, i'm new here so forgive me if i make some mistakes. anyway i'd like to comment on the moneylending thing?
if you decide to be legal, medyo mahina na ang kita. i see some flyers in the batangas-lucena area offering 2% interest lang. but if gusto mo lang na unofficial ka pwede naman basta ayos lang mga papers between you and the loaner. and DAPAT may collateral.

2 percent per month
24 percent per annum

and if you dont pay all your neighbors will know about it. (mas masuhol pa keysa sa citibank)

5 6?
5 6?

:rotflmao:

[SILENTMAX]

some thoughtful quotes

"I'm not that good, but for everything I do, I put my heart in it..."

"Knowing without doing is useless. Science without Technology is worthless."

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

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

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

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

"how can i help the poor if im one of them" -jay z

"Never argue with idiots. They drag you down to their level then beat you with experience"

"It is smart to be lucky than lucky to be smart" - Kenshin Himuura
(yeah i really prefer to be lucky than smart)

"If you want to make your dreams come true, the first thing you have to do is wake up."
~J.M. Power~

"I have not failed. I've just found 10,000 ways that won't work."
-Thomas Alva Edison

"Victory belongs to the most persevering."
Napoleon Bonaparte (1769-1821)

"One who fears failure limits his activities."
Henry Ford (1863-1947)

"I'm a believer in momentum."
Lance Armstrong (1971 - )
U.S. cyclist, 5-time winner of the Tour de France cancer survivor

"We judge ourselves by what we feel capable of doing, while others judge us by what we have already done."
Henry Wadsworth Longfellow (1807-1882)

"Every morning in Africa a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up. It knows it must outrun the slowest gazelle or it will starve to death. It doesn't matter whether you are a lion or a gazelle -- when the sun comes up, you had better be running."
-- unknown

"We are continually faced by great opportunities brilliantly disguised as insoluble problems."
Lee Iacocca (1924 - )

"What is success? I think it is a mixture of having a flair for the thing that you are doing, knowing that is not enough; that you have got to have hard work and a sense of purpose."
Margaret Thatcher (1925 - )

"If you work just for the money, you'll never make it, but if you love what you're doing and you always put the customer first, success will be yours."
Ray Kroc (1902-1984)
founder of McDonald's Corporation

"You have to leave the city of your comfort and go into the wilderness of your intuition. You can't get there by bus, only by hard work and risk and by not quite knowing what you're doing."
Alan Alda (1936 - )

"There ain't no rules around here. We're trying to accomplish something."
Thomas Edison (1847-1931)
inventor, salesman, frequently worked
more than 40 hours straight

"The key to success is for you to make a habit throughout your life of doing the things you fear."
Vincent Van Gogh (1853-1890)

"I have never worked a day in my life without selling. If I believe in something, I sell it, and I sell it hard."
Estée Lauder (1908-2004)
American businesswoman

"What does not destroy me, makes me stronger."
Friedrich Nietzsche (1844-1900)

"Activity is contagious."
Ralph Waldo Emerson (1803-1882)
(as is desire to succede)

Never hate your enemies, it affects your judgement
-The Godfather

[SILENTMAX]

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

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

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

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

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

sometimes i find myself downplaying what i do. especialy when social events arise. i find myself trapped in the culture of (kailangan di ka mahangin) filipino humility. i hate it sometimes but i do understand that in a country where a lot of my countrymen are poor i cannot, must not show wealth.

[zelle adamas]

sometimes i find myself downplaying what i do. especialy when social events arise. i find myself trapped in the culture of (kailangan di ka mahangin) filipino humility. i hate it sometimes but i do understand that in a country where a lot of my countrymen are poor i cannot, must not show wealth.

Too true:
- those that perceive themselves wealthier than you look down on you,
- those that think themselves on par (in wealth) with you ignore you
(you're competition)
- those that see themselves poorer than you . . .
(matakot ka, either pagnanakawan ka or nanakawin ka)
Very sad but face it, in this dog eat dog country that we call Philippines, that is what we call life.

[pringles22]

helo pipol!

i am planning to conceptualize a book on software applications, combining the 3 common softwares but will initially publish it locally. target ko students and computer users as well. it's like a workbook with a handful of hands-on exercises. i'm having a hard time finding kase a similar book for my mba buddies who are still burning the midnite oil...hehehe...:lol:

would appreciate if you could provide inputs to the following queries: :rolleyes:

1. know any local book publishers? pls provide contact details.
2. requirements of ched in publishing a textbook cum workbook?
3. how much is the ongoing royalty percentage per book sold?

the 1st three (3) valuable respondents gets a free copy of the book when it gets off the press... :bounce:

[purple15star]

hello!

im into making beaded accessories, jewelries. I would like to market sana my products sa malls like SM or stores like Egg, Penshoppe, etc.. but I don't know kung paano and kung saan mag start. :mecry:

any idea po about this? :confused:

thanks! :D

[beckom]

to purple15star, madali lang maging supplier ng SM dept. store, centralized ang purchasing nila which means isang buyer lang ang kakausapin mo to supply their 20 + outlets. Their ofice is located sa Pasay, you can call them at 831-8000 and ask to be connected to the purchasing department and ask for their sampling schedules. ang sampling kasi nila per department. if you are planning on selling beaded accessories sa Ladies Accessories yon, kung pambata, sa Childrens Accessories and if you are selling accessories that uses materials like coco beads or carabao horns and other local raw materials, sa Philcraft dept. yon.

You have to bring your samples on the schedules they have, for example, thursday 8-10am yung schedule ng dept that you want to supply be sure that you bring your samples within the time schedule, mahigpit sila don hindi pwede ipaki-usap na 10:15 pa lang baka pwede pa nila tanggapin yung samples mo. You have to leave your samples and return on the consultation sked to check if they have accepted or rejected your samples.

With regards to the other dept. stores, you just have to call them and ask for their purchasing skeds. Dun sa mga boutiques, I'm sure the sales ladies will be able to direct you to their purchasing offices pag tinanong mo sila.

Goodluck sa yong business

[coldsiren]

pasingit lang po.
i'm an entrepreneur like most of you. i have a small take out shop. however, due to the rent increase i have to relocate my shop. wala pa kami sa roi, break even pa din kami after a yr.
basically, sa rent napupunta yung bulk nung kinikita namin kaya kailangan ng irelocate. medyo nahihirapan na akong maghanap ng location. sayang yung current location namin kasi matao, malapit sa schools at katapat ng sakayan. yun nga lang sobrang taas ng rent, parang 4th or 5th tenant na nga ako since nagbukas yung bldg nung 1998.
may mga alam ba kayong pwedeng ilease na malapit sa school, church at sakayan? ideally, w/in q.c. salamat po.

[beefnmushroom]

kung may mahanap kaming magandang area na mura ang rent, baka kami mismo ang magtayo ng takeout shop :D

[coldsiren]

^^ano naman ang ilalagay nyo dun?

[tennisace]

sometimes i find myself downplaying what i do. especialy when social events arise. i find myself trapped in the culture of (kailangan di ka mahangin) filipino humility. i hate it sometimes but i do understand that in a country where a lot of my countrymen are poor i cannot, must not show wealth.
I can’t blame you for feeling that way. There are times when I feel the same way.

However, it is possible to be proud without being haughty, to be assertive while remaining humble, to be confident without being arrogant, and to be wealthy without being ostentatious.

I don’t downplay what I do in social gatherings, although I don’t brag about it either. I am proud of what I do and what I have accomplished so far. If someone asks, I have no reason to be ashamed of what I am and what it is that I do. I am what I am, why should I shortchange myself? I am not intimidated by those who exist well above my means because I know I can connect with them at their level. I am not bothered if any of my peers treat me as “competition”. They will get my respect and praise if they deserve it, keeping in mind that the cream always rises to the top. People of less means will get the same respect I give to everybody else. Just because they have less doesn’t mean that they have to be treated any less. I have worn their tsinelas and I’ve taken the same road they’re taking. If anything, they deserve more than what others are giving them. There will always be bad people who will try to steal from you or hurt you. Fortunately, I have Uncle Louie who is there to break their legs if they try. Hehehe

A lot of people live their lives worrying about what other people think of them. We humans seem to have this craving to show and emphasize that we’re doing much better than our peers. We like to give the material impression that we have a little more than what the other person has. You have Seiko, I have Rolex. You have Levi’s, I have Armani. You have gold, I have platinum. You have a Corolla, I have a BMW---two of them. It seems we have a requisite to show that we have more brand-name designer stuff, real or counterfeit, than the next person. At some point, we have to realize that living with “status” syndrome fools no one but ourselves. Believe me, it’s a lot easier to live your lives on your own terms. To hell what everybody else thinks.

What creates status is not about what you are or what you have. It’s about who you are, your demeanor and how you project yourself. Several years ago, I was at a special MLM function for higher pin levels (about 1,500 participants) where I was a scheduled speaker. At a luncheon on the day I was scheduled to speak, I met one person who was wearing an expensive-looking pinstriped three-piece suit and a lot of bling-bling. One look at this guy and you think he has it made. I thought to myself that nothing I could say will probably matter to this gentleman. I started to doubt the content of my speech. Later on, I met another person who was rather ordinary compared to Mr. Big. No jewelry except for a watch and a wedding band. He wasn’t that tall or imposing. He was a young guy probably a couple of years younger than me, but I had more hair than he did (still do, hehehe). Even in his navy blue blazer and khaki chinos, he seemed to command respect and attention. I don’t know if it was the way he stood or moved, the way he articulated himself, his demeanor or his attitude. I couldn’t exactly put my finger on it, but there it was. I found out later that this guy was a guest of Rich DeVos, owner of the NBA Orlando Magic. Apparently, their families are linked by a common ancestral heritage. My observation between this two people gave me a measure of confidence and prompted me to annotate my planned speech. These were my closing remarks:

As entrepreneurs, we cannot afford to be concerned about social classes or standings and what these social divisions are supposed to mean. People are people, regardless of who they are, what they have, where they belong, and how they got there. We all have the same basic needs, wants and dreams. If we are to live meaningful lives and become successful entrepreneurs, we should, to the best of our abilities, focus on how we can help supply what people need, help deliver what people want and help fulfill what people dream about.

As I got off the stage, the guy in the navy blue blazer gave me a nod, a pat on the shoulder and a sincere “Good job”, which I took as a validation of what I just said up on stage. The guy’s name was Jeff Van Gundy, later to become one of the youngest coaches in NBA history when he was named head coach for the New York Knicks.

[tennisace]

hello!

im into making beaded accessories, jewelries. I would like to market sana my products sa malls like SM or stores like Egg, Penshoppe, etc.. but I don't know kung paano and kung saan mag start. :mecry:

any idea po about this? :confused:

thanks! :D
I suggest you begin by researching what the current market has to offer as far as your product idea is concerned. These are fashion accessories you are planning to introduce, and I would imagine that different genders and age groups will have varying fashion tastes and budgets. It would be a mistake to generalize a projected customer base and say, for instance, that you’re planning to sell to women. In which case, I’ll have to ask, “Which women? What age group? What do these age groups like and don’t like? How much money are they willing to spend? Is this a seasonal thing for them? Is this a fad?” You get the picture. You have to create a profile of your typical target customer group(s), or niche, and be as specific about it as you can. Know who your competition is. Ask yourself how your product is different, why is it better and what value does it have to offer. Evaluate your product versus the competition. Unless you can come up with a truly unique product that no one else has or only a few can offer, getting into a market where everyone has the same thing will simply make your product invisible. The main thing is, be honest with yourself and accept the facts as they are whether you like it or not and adjust accordingly. Just because you, your friends and relatives like your creation doesn’t mean to say that the market at large will like it too, and vice versa. This preliminary homework should point you in the proper general direction before you start putting together your business plan and begin putting some time, serious effort and money into the venture. A lot of startups fail because they forgot to lay the proper groundwork in order for the business to sustain itself. A product provides the means for income but proper planning provides the foundation on which income is built and sustained. You have to have a clear vision about where you want this product to take you. Don't limit your marketing channels by targeting certain retailers. This is a common mistake that only serves to limit your ability to expand your market. Why consider only SM and the like? Why not explore all options starting from top specialty boutiques and upscale retailers first and work your product accordingly? I'm sure it is entirely possible for you to create unique custom-made limited-edition fashion accessories that cater to the high-end market. I'm also sure that there is more to fashion jewelry than simply beads so why not explore that avenue fully? You don't want to put yourself in a situation where you have to drastically cut your margins just because the competition is fierce and you're desperate to get an edge. This is not the ideal scenario if you intend to build profitable business.

Remember, anyone can make anything. Getting someone to choose your product over another and buy it is another story. It's also easier to start from the top of the market and work your way down. At the very least, you will give your product a chance to seek its own level, position or niche in the market. The point is, why sell it to the likes of SM at a pitiful price and wait 90-120 days for payment if you can sell your product at a higher price at some other higher-end store who pays right away? But you wouldn't really know unless you start from the top, work your way down and give your product the opportunity to find its rightful place in the marketplace at a price point that allows you to make a decent living.

[tennisace]

pasingit lang po.
i'm an entrepreneur like most of you. i have a small take out shop. however, due to the rent increase i have to relocate my shop. wala pa kami sa roi, break even pa din kami after a yr.
basically, sa rent napupunta yung bulk nung kinikita namin kaya kailangan ng irelocate. medyo nahihirapan na akong maghanap ng location. sayang yung current location namin kasi matao, malapit sa schools at katapat ng sakayan. yun nga lang sobrang taas ng rent, parang 4th or 5th tenant na nga ako since nagbukas yung bldg nung 1998.
may mga alam ba kayong pwedeng ilease na malapit sa school, church at sakayan? ideally, w/in q.c. salamat po.
There is a reason why your landlord is increasing the rent. You are situated in a very prime location, thus, everybody wants to be in it which, in turn, gives your landlord the balls to ask for higher rent. Now, you obviously don't want to give the place up, but you're not making any money either. That's not necessarily a bad thing.

Here's what I think:
Be thankful you're breaking even and not losing money. For me, this situation is not a problem but rather an opportunity to innovate. I know nothing about the food service industry, but I think it all basically boils down to your customers. If you can find out more about who your customers are, what they do, etc., an impromptu demographic of your customers if you will, you might find something that you could sell to these people aside from take out food. You might also want to re-evaluate your menu. Perhaps it might be worth taking something out and offer a variation of your best-selling food item instead, or add something to the menu that your customers might want. The best part is, you don't have to figure this out on your own. Customers are a gold mine for information. Take the time to talk to them and ask them what they want more of. Maybe you can come up with a certain food item and make it your specialty. But the bottomline is, your customers are your best source for guidance. Clearly, if your stuck in neutral, something in what you're doing and/or what you're offering has to be changed. Moving to another cheaper location sounds more like a short-term fix for me. If you're not going to make some changes in your operation, you're more likely to be stuck in neutral sooner or later, no matter where your location may be.

Keep the space and find a way to innovate or evolve.

[beckom]

to tennisace, curious lang have you tried selling to the high-end boutiques? or to SM? I supply SM and my prices are certainly not pitiful and also I get COD for all my deliveries. My SM orders range from 500 to 3000 pcs per item and I have also tried selling to boutiques and maswerte ka na if they get 12 pcs per dozen consignment pa.

I'm not saying what you said was entirely wrong, as per your advice let her research the market, and the the CDE market is 80% of the retail business, so let her try selling to SM if she likes and please avoid generalized statements, yon lang, peace.

[tennisace]

to tennisace, curious lang have you tried selling to the high-end boutiques? or to SM? I supply SM and my prices are certainly not pitiful and also I get COD for all my deliveries. My SM orders range from 500 to 3000 pcs per item and I have also tried selling to boutiques and maswerte ka na if they get 12 pcs per dozen consignment pa.

I'm not saying what you said was entirely wrong, as per your advice let her research the market, and the the CDE market is 80% of the retail business, so let her try selling to SM if she likes and please avoid generalized statements, yon lang, peace.

Well, I certainly respect your opinion and hats off for doing good business with SM.

Yes, I have tried selling to SM. Harley Sy and I agreed to disagree on the terms and the deal didn't materialize, unfortunately for him. Our clients currently include upscale catalogs and tv home shopping, and high-end specialty houseware retailers, as well as mid-level retailers. We don't do the mass market. I also regularly attend various trade shows, among them being the CITEM exhibits at the World Trade Center.

You make no mention of the kind of product you're supplying, so whatever deal you have gotten may or may not be of significance to the fashion accessories idea being discussed here. Just by visiting the CITEM exhibit alone (the trade show is held twice a year), one can see the glut of fashion accessories that are out there. Most of them are basically along the same lines; I have found nothing that sets anything apart from the rest of the bunch. Oversupply leads to undervaluation. When you are selling a type of a me-too product, you are forced to engage in a price war with your competitors in order to compete. However, selling something unique, custom-made or original can command a better price in a higher market where competition may not be as stiff and fierce. Kate Spade, Manolo Blahnik, Vera Wang and others like them started out by selling their originals to very upscale specialty boutiques frequented by celebrities, and creating custom-made designs for those who demanded it (and were willing to pay for it). They now have their own high-end boutiques. I don't think that any of these people would have been successful as they are now if they initially took their products to mid-level Bloomingdale's. SM is a good place to sell your product, no question, and I am not discouraging anybody from selling to SM. What I'm saying is that other options besides SM should also be considered.

Just out of curiosity, you made some sort of a generalized statement toward the end of your post, so I'm wondering if you can be more specific about which of my "generalized" statements were you referring to.

[j_l_uy]

Guys, I am planning to start a office supply business (anything from paper, pencils, ballpens except books) in manila. Considering the heavy competition (national bookstore would be the best example and I am still not considering the numerous distribution channels and small bookstores around), what strategy would you suggest? Please also add some pros and cons with whatever strategy you suggest.

Capital for now is let us say "unlimited" (that means... I can supply any order if necesssary).

[firefly97]

Hi, I am considering putting up a services oriented business in the line of software development and solutions, something like a consultancy. Which services do you think are in demand nowadays?

[SILENTMAX]

tnx boss tennisace for the words of wisdom i really need more mentors like you.

had a heart to heart with my dad last sunday. he told me to slow things down and not be in a rush. he says its ok if it takes years to accumulate wealth. he made the impresion that it doesnt matter how fast things get done at least i get to the finishline. i just turned 25 last month. sometimes my youth really is a hindrance to being taken seriously. thank god BPI trusted me with their money god bless them. i mean who's this screwball kid in tsinelas asking BPI for money.

just read an article in newsweek about pierre omidyar and he's new ventures in VC for socialy conscious business.
im currently gathering up all my balls,guts,whebos whatever you call it, to e-mail him a proposal for some VC money. oh god im scared shitless. procastinating is always in the back of my mind.

[tennisace]

tnx boss tennisace for the words of wisdom i really need more mentors like you.

had a heart to heart with my dad last sunday. he told me to slow things down and not be in a rush. he says its ok if it takes years to accumulate wealth. he made the impresion that it doesnt matter how fast things get done at least i get to the finishline. i just turned 25 last month. sometimes my youth really is a hindrance to being taken seriously. thank god BPI trusted me with their money god bless them. i mean who's this screwball kid in tsinelas asking BPI for money.

just read an article in newsweek about pierre omidyar and he's new ventures in VC for socialy conscious business.
im currently gathering up all my balls,guts,whebos whatever you call it, to e-mail him a proposal for some VC money. oh god im scared shitless. procastinating is always in the back of my mind.
You’re welcome. I appreciate that.

Your dad is right. This is not a drag race. You’ve heard all about the worn-out sayings: “Rome was not built in a day”; “It takes a flower some time to bloom”; “Good things come to those who wait”, “Stop and smell the roses”; etc. Then there’s that story about the hare and the tortoise. But, for me, as far as business is concerned, I would say, “Decide quickly and act decisively while maintaining flexibility, but first you must plan meticulously.”

The general assumption is that youth carries a baggage of inexperience, impulsiveness and irresponsibility. That sucks, doesn’t it? But it’s all about presentation, you know. The other day, I heard an FBI interrogator say that communication is 20% verbal and 80% non-verbal. I haven’t verified his statements but I would tend to believe it. Remember Jeff Van Gundy.

When I visit with a buyer to sell my stuff, my purpose is not to convince him to buy. My approach is to show him why he needs my stuff. Buyers have had a million gadgets presented to them, and they’re probably sick and tired of hearing the same old sales pitch. You’re telling him that this is the best product in the world but he’s thinking, “Yeah, that’s nice, but why should I put this in my store?”

So you’re asking, what does this have to do with my VC money? Same premise applies. VCs get proposals all the time and they’re probably tired of reading the same spiel so much so that they've become apathetic to it. I think you should build your proposal around why it is in his best interest to consider yours. If you can get him interested in the “why”, he’ll be more open to the “how” and “how much”.

I the words of Donna Karan, “It’s okay to be nervous, but don’t ever let them see you sweat”.

Good luck. The next time I'm in town, perhaps we can get together and compare notes.

[beckom]

To tennisace, if you knew that you are not in the mass market, why then did you try selling your products to SM? I think Mr. Sy knew not to invest into your products because he knows his market very well. I think I got a better deal because my products are exactly the type of product for their type of market.

I am totally familiar with the CITEM exhibits, where they are held and how often they are held because I am also in the accessories market.

I agree that you need to know your target market and keep your competitive advantage over others either through design, quality or price and all the other things you said about finding your niche and laying the proper groundwork. But in the local scenario, I would like to point out that the high-end market is not always better than the mass market. I think one should choose his market not just because of the higher prices it would bring but also because of one’s resources and competencies i.e. if one has limited design capabilities but has the capacity to produce large volume of products then it would be wise to go into the mass market where uniqueness of design is not the selling point. And just because others choose to deal with the mass market doesn’t mean that they wouldn’t be as successful and that their selling prices are pitiful or their businesses would not allow them a decent living. I’m sure there are very successful business people supplying Bloomingdale’s only they are not as well-known as Kate Spade, Manolo Blahnik or Vera Wang.

[sayuri_succubus]

'You've got to find what you love,'

This is the text of the Commencement address by Steve Jobs for Stanford University, CEO of Apple Computer and of Pixar Animation Studios, delivered on June 12, 2005.

I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories.

The first story is about connecting the dots.

I dropped out of Reed College after the first 6 months, but then stayed around as a drop-in for another 18 months or so before I really quit. So why did I drop out?

It started before I was born. My biological mother was a young, unwed college graduate student, and she decided to put me up for adoption. She felt very strongly that I should be adopted by college graduates, so everything was all set for me to be adopted at birth by a lawyer and his wife. Except that when I popped out they decided at the last minute that they really wanted a girl. So my parents, who were on a waiting list, got a call in the middle of the night asking: "We have an unexpected baby boy; do you want him?" They said: "Of course." My biological mother later found out that my mother had never graduated from college and that my father had never graduated from high school. She refused to sign the final adoption papers. She only relented a few months later when my parents promised that I would someday go to college.

And 17 years later I did go to college. But I naively chose a college that was almost as expensive as Stanford, and all of my working-class parents' savings were being spent on my college tuition. After six months, I couldn't see the value in it. I had no idea what I wanted to do with my life and no idea how college was going to help me figure it out. And here I was spending all of the money my parents had saved their entire life. So I decided to drop out and trust that it would all work out OK. It was pretty scary at the time, but looking back it was one of the best decisions I ever made. The minute I dropped out I could stop taking the required classes that didn't interest me, and begin dropping in on the ones that looked interesting.

It wasn't all romantic. I didn't have a dorm room, so I slept on the floor in friends' rooms, I returned coke bottles for the 5¢ deposits to buy food with, and I would walk the 7 miles across town every Sunday night to get one good meal a week at the Hare Krishna temple. I loved it. And much of what I stumbled into by following my curiosity and intuition turned out to be priceless later on. Let me give you one example:

Reed College at that time offered perhaps the best calligraphy instruction in the country. Throughout the campus every poster, every label on every drawer, was beautifully hand calligraphed. Because I had dropped out and didn't have to take the normal classes, I decided to take a calligraphy class to learn how to do this. I learned about serif and san serif typefaces, about varying the amount of space between different letter combinations, about what makes great typography great. It was beautiful, historical, artistically subtle in a way that science can't capture, and I found it fascinating.

None of this had even a hope of any practical application in my life. But ten years later, when we were designing the first Macintosh computer, it all came back to me. And we designed it all into the Mac. It was the first computer with beautiful typography. If I had never dropped in on that single course in college, the Mac would have never had multiple typefaces or proportionally spaced fonts. And since Windows just copied the Mac, its likely that no personal computer would have them. If I had never dropped out, I would have never dropped in on this calligraphy class, and personal computers might not have the wonderful typography that they do. Of course it was impossible to connect the dots looking forward when I was in college. But it was very, very clear looking backwards ten years later.

Again, you can't connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something - your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.

My second story is about love and loss.

I was lucky – I found what I loved to do early in life. Woz and I started Apple in my parents garage when I was 20. We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees. We had just released our finest creation - the Macintosh - a year earlier, and I had just turned 30. And then I got fired. How can you get fired from a company you started? Well, as Apple grew we hired someone who I thought was very talented to run the company with me, and for the first year or so things went well. But then our visions of the future began to diverge and eventually we had a falling out. When we did, our Board of Directors sided with him. So at 30 I was out. And very publicly out. What had been the focus of my entire adult life was gone, and it was devastating.

I really didn't know what to do for a few months. I felt that I had let the previous generation of entrepreneurs down - that I had dropped the baton as it was being passed to me. I met with David Packard and Bob Noyce and tried to apologize for screwing up so badly. I was a very public failure, and I even thought about running away from the valley. But something slowly began to dawn on me – I still loved what I did. The turn of events at Apple had not changed that one bit. I had been rejected, but I was still in love. And so I decided to start over.

I didn't see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me. The heaviness of being successful was replaced by the lightness of being a beginner again, less sure about everything. It freed me to enter one of the most creative periods of my life.

During the next five years, I started a company named NeXT, another company named Pixar, and fell in love with an amazing woman who would become my wife. Pixar went on to create the worlds first computer animated feature film, Toy Story, and is now the most successful animation studio in the world. In a remarkable turn of events, Apple bought NeXT, I retuned to Apple, and the technology we developed at NeXT is at the heart of Apple's current renaissance. And Laurene and I have a wonderful family together.

I'm pretty sure none of this would have happened if I hadn't been fired from Apple. It was awful tasting medicine, but I guess the patient needed it. Sometimes life hits you in the head with a brick. Don't lose faith. I'm convinced that the only thing that kept me going was that I loved what I did. You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven't found it yet, keep looking. Don't settle. As with all matters of the heart, you'll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don't settle.

My third story is about death.

When I was 17, I read a quote that went something like: "If you live each day as if it was your last, someday you'll most certainly be right." It made an impression on me, and since then, for the past 33 years, I have looked in the mirror every morning and asked myself: "If today were the last day of my life, would I want to do what I am about to do today?" And whenever the answer has been "No" for too many days in a row, I know I need to change something.

Remembering that I'll be dead soon is the most important tool I've ever encountered to help me make the big choices in life. Because almost everything – all external expectations, all pride, all fear of embarrassment or failure - these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.

About a year ago I was diagnosed with cancer. I had a scan at 7:30 in the morning, and it clearly showed a tumor on my pancreas. I didn't even know what a pancreas was. The doctors told me this was almost certainly a type of cancer that is incurable, and that I should expect to live no longer than three to six months. My doctor advised me to go home and get my affairs in order, which is doctor's code for prepare to die. It means to try to tell your kids everything you thought you'd have the next 10 years to tell them in just a few months. It means to make sure everything is buttoned up so that it will be as easy as possible for your family. It means to say your goodbyes.

I lived with that diagnosis all day. Later that evening I had a biopsy, where they stuck an endoscope down my throat, through my stomach and into my intestines, put a needle into my pancreas and got a few cells from the tumor. I was sedated, but my wife, who was there, told me that when they viewed the cells under a microscope the doctors started crying because it turned out to be a very rare form of pancreatic cancer that is curable with surgery. I had the surgery and I'm fine now.

This was the closest I've been to facing death, and I hope its the closest I get for a few more decades. Having lived through it, I can now say this to you with a bit more certainty than when death was a useful but purely intellectual concept:

No one wants to die. Even people who want to go to heaven don't want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new. Right now the new is you, but someday not too long from now, you will gradually become the old and be cleared away. Sorry to be so dramatic, but it is quite true.

Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma - which is living with the results of other people's thinking. Don't let the noise of other's opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.

When I was young, there was an amazing publication called The Whole Earth Catalog, which was one of the bibles of my generation. It was created by a fellow named Stewart Brand not far from here in Menlo Park, and he brought it to life with his poetic touch. This was in the late 1960's, before personal computers and desktop publishing, so it was all made with typewriters, scissors, and polaroid cameras. It was sort of like Google in paperback form, 35 years before Google came along: it was idealistic, and overflowing with neat tools and great notions.

Stewart and his team put out several issues of The Whole Earth Catalog, and then when it had run its course, they put out a final issue. It was the mid-1970s, and I was your age. On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. Beneath it were the words: "Stay Hungry. Stay Foolish." It was their farewell message as they signed off. Stay Hungry. Stay Foolish. And I have always wished that for myself. And now, as you graduate to begin anew, I wish that for you.

Stay Hungry. Stay Foolish.

Thank you all very much.

[omeng]

Got that speech a week ago. inspiring.

[omeng]

SCIENCE AND TECHNOLOGY NEWS
http://www.agham.org/stnews.shtml

June 19, 2005

Filipino scientist's waste coco coir technology for geotextiles bags Global 100 EcoTech Award

Dr. Justin Arboleda, Filipino scientist, pioneered the use of coconut coir as geotextile nets, which are installed on eroded slopes and other degraded landscapes to arrest soil runoff and promote re-greening by protective vegetative shoots. Geotextiles made of coco coir degrade naturally at a rate allowing for the recolonization of the ground by plants. Other similarly organic materials degrade too fast.

While arresting soil erosion, Arboleda's textile has found an ecologically and economically beneficial use for the Philippines' some six billion kilos of coconut husks that constitute the biggest bulk of the country's farm wastes, which harm the environment when burned.

Arboleda's technology, which will be awarded during the 2005 World Expo by the Japan Association for the 2005 World Expo in September, is now being used in Sri Lanka, India, China and Japan. The technology was also awarded the Nature's Wisdom Award of the 2005 World Expo two weeks earlier in Japan.

[SILENTMAX]

sayuri thanks for posting that here. pls do post some more. guys if you see wonderful articles like that pls post it also here.

some people have micheal jordan as their heroes

warren buffet, sam walton, steve jobs,Howard Schultz, bill gates, Larry Page and Sergey Brin
these are my heroes

you can make money without doing evil. -google founders

[SILENTMAX]

boss tennisace

yes lets compare notes ;)

[tennisace]

To tennisace, if you knew that you are not in the mass market, why then did you try selling your products to SM? I think Mr. Sy knew not to invest into your products because he knows his market very well. I think I got a better deal because my products are exactly the type of product for their type of market.

I am totally familiar with the CITEM exhibits, where they are held and how often they are held because I am also in the accessories market.

I agree that you need to know your target market and keep your competitive advantage over others either through design, quality or price and all the other things you said about finding your niche and laying the proper groundwork. But in the local scenario, I would like to point out that the high-end market is not always better than the mass market. I think one should choose his market not just because of the higher prices it would bring but also because of one’s resources and competencies i.e. if one has limited design capabilities but has the capacity to produce large volume of products then it would be wise to go into the mass market where uniqueness of design is not the selling point. And just because others choose to deal with the mass market doesn’t mean that they wouldn’t be as successful and that their selling prices are pitiful or their businesses would not allow them a decent living. I’m sure there are very successful business people supplying Bloomingdale’s only they are not as well-known as Kate Spade, Manolo Blahnik or Vera Wang.
I don’t even know why we’re arguing about this. Purple15star was looking for ideas on how to market her goods and where to start. That was the context of my response. I am sorry that you seem to have missed the point I made regarding basic product positioning. It had nothing to do with vendors who are selling to SM, although you made it seem like it is. My response to Purple15star does not concern you or any other SM vendor, so I don't get why you're so offended and defensive.

Let’s make this simple: you have a product and you want to sell it. If you want to get the most out of this product, it might be a good idea to ascertain the maximum potential your product can achieve, and to explore all possible marketing avenues and venues your product can occupy. That was my point in a nutshell.

I am not trying to stop anybody from getting involved in a low-margin market. But, if you can position your product in a market where higher margins can be realized, it would be foolish to insist on sticking it in a low-margin market, don't you think? A high-margin market will always make a low-margin market look, that’s right, pitiful. Before you take this the wrong way, I am not implying that vendors to the low-margin market are pitiful, or that the business they are doing is pitiful. To illustrate further: a Toyota Corolla GTS looks pitiful next to a Bentley Continental GT. It's about the cars, not the owners of the cars.

Now, considering what you said about large production capacity = mass market, what happens if Purplestar15 for example, does not have the capacity to mass-produce? Will you still adamantly prod her to go to SM (which you refer to as mass-market)?

You don’t know the circumstances that brought me to Harley’s office, and you don’t know what product I had at that time. Suffice to say that I wasn’t exactly chasing him down and begging for his business. He did express his interest in “investing” in my product. I wasn’t interested in the terms under which this “investment” was to have been effected, and he didn’t quite agree with the terms I had in mind. I didn’t have any problems walking out of his office. It was his loss, not mine.

[hunnyces]

Improve Your Sales by Asking for Referrals

by Graham McGregor

We all know that if a client refers us to one of his associates or friends, we have a much higher probability of making a sale and doing business with that referral than if we had no introduction. In fact, it is up to 10 times easier to sell to a referral than to a cold call.

How do you get a large number of qualified referrals? Most people do not volunteer referrals, so the key is to ask for them correctly.

Here is a 3-step method that has worked well for me:

1. Thank the client for his time.

"Mr. Smith, thank you for your time today. I look forward to talking with you again soon."

Saying "thank you" is not only common courtesy, it makes people feel good.

2. Ask for his help

"Before I go, I wonder if you could help me?"

This is a very low key and friendly approach. Most of us don't mind doing small favours for people if they ask politely and it doesn't take a lot of our time.

3. Ask correctly.

There are effective and ineffective ways to ask for referrals. An ineffective way is to ask a yes/no question.

Example:

"Do you know anyone else who could be interested in this particular product or service?"

This question can be answered "yes" or "no" - and it's often easier for the person to pick "no."

Think of the number of times you have walked into a retail shop and have been asked, "Can I help you?" only to reply, "No thanks, just looking" … without even thinking!

A much more effective way to ask for referrals is to start your question with the word "who."

Example:

"Who are two or three people you know who may be interested in this product or service?" Followed with "Who would you suggest I talk with?"

When you start a question with the word "who," it is very difficult to get a yes/no answer.

Another tip: Give the person you are talking to the choice of giving you two or three names - not one or two. When given a choice, it's surprising how often people will go with the lower number you give them.

Example:

I had an amusing experience when I was selling sales training programs a few years ago.

I used to make it a habit to ask for "one or two" referrals.

"Who are one or two sales managers you know who may be interested in looking at some ideas to increase sales? Who would you suggest I talk with?"

I measured the success of this referral system by asking 100 people I spoke with these questions. I found that some gave me one referral, some gave me two, and some gave me none. I ended up with approximately 100 referrals - an average of roughly one referral per person, the lower number of the two choices I gave them (one or two).

A few months later, I asked another 100 people basically the same questions. But instead of asking for one or two referrals, I asked for two or three.

"Who are two or three sales managers you know who may be interested in looking at some ideas to increase sales? Who would you suggest I talk with?"

This time, I got appropriately 200 referrals - an average of two referrals from each person I asked. Again, some gave me none or one - but some gave me two or three or more. Yet I still averaged out at two per person, or the lower number of the two choices I gave them (two or three).

I then did a small test. For one month, I asked everybody I spoke with the same referral questions - but changed the numbers to seven or eight.

"Who are seven or eight sales managers you know who may be interested in looking at some ideas to increase sales? Who would you suggest I talk with?"

That month, I received over 415 qualified referrals who I could talk to about sales training programs. I actually had more prospects than I could handle, and had to give quite a few of them to other salespeople on my team.

One more thing to keep in mind about asking for referrals: You do not know who the person you are talking to could potentially refer you to. Plus, you can often get referrals from people who never buy from you themselves.


Referrals are a wonderful way to increase your sales. All you have to do is invest a small amount of your time and get good at asking for them.

[tennisace]

To those who are contemplating on starting a business, you need to ask yourself the following core questions:

1. What service or product does your business provide and what needs does it fill?
2. Who are the potential customers for your product or service and why will they purchase it from you?
3. How will you reach your potential customers?
4. Where will you get the financial resources to start your business?

I also recommend that you visit this link to view sample business plans. At the very least, you can get an idea of what needs to be done:

http://www.bplans.com/sp/businessplans.cfm

[beckom]

To tennisace, you certainly sounded irked. I have not missed any of your points, but Purple15star was specifically asking to be directed to selling to the likes of SM and you gave her the long lesson in positioning her product to the high-end market. Hindi na sana ako mag-cocomment but you said that Shoemart pays 90-120 days to bolster your argument which is not true because SM payment terms range from COD to 120 days that’s why I asked you if you have already tried selling to SM because it seems like you have the wrong information.

Of course I do not know the circumstances of your deals with Mr. Sy but since you also did not mention the products you were selling to SM before, how am I to know that your deal with Mr. Sy has no significance to the accessories market being discussed. I am not implying that you were begging for Mr. Sy’s business I was just wondering why you were selling to Mr. Sy when you are not in the low-end market and quite contrary to your first post of starting at the top of the market.

As I have told you I completely agree on your lecture but would like to point out that price is not the only consideration in choosing your market. As I have said, one should also consider one’s resources and competencies. My example on production capacity and the mass market is just an example and does not pertain to Purple15star since I would not like to assume things regarding her business strengths and weaknesses. Also, I am not adamantly prodding anybody to sell to SM.

I’m sorry if I sounded defensive, I would not like to argue, I know that we are both in this forum to help its just that medyo condescending lang yung dating ng iba mong views towards the lower-end market. A higher product margin does not equate to a higher bottom line. Yon lang.

[tennisace]

To tennisace, you certainly sounded irked. I have not missed any of your points, but Purple15star was specifically asking to be directed to selling to the likes of SM and you gave her the long lesson in positioning her product to the high-end market. Hindi na sana ako mag-cocomment but you said that Shoemart pays 90-120 days to bolster your argument which is not true because SM payment terms range from COD to 120 days that’s why I asked you if you have already tried selling to SM because it seems like you have the wrong information.

Of course I do not know the circumstances of your deals with Mr. Sy but since you also did not mention the products you were selling to SM before, how am I to know that your deal with Mr. Sy has no significance to the accessories market being discussed. I am not implying that you were begging for Mr. Sy’s business I was just wondering why you were selling to Mr. Sy when you are not in the low-end market and quite contrary to your first post of starting at the top of the market.

As I have told you I completely agree on your lecture but would like to point out that price is not the only consideration in choosing your market. As I have said, one should also consider one’s resources and competencies. My example on production capacity and the mass market is just an example and does not pertain to Purple15star since I would not like to assume things regarding her business strengths and weaknesses. Also, I am not adamantly prodding anybody to sell to SM.

I’m sorry if I sounded defensive, I would not like to argue, I know that we are both in this forum to help its just that medyo condescending lang yung dating ng iba mong views towards the lower-end market. A higher product margin does not equate to a higher bottom line. Yon lang.
Well, I have to respectfully submit that you indeed have missed the point. Did I give a “long lesson in positioning her product to the high-end market”, or did I suggest that she explore all market options starting from the top in order to give her product the opportunity to seek its own watermark?

I have to admit subtleties and political correctness are not my strongest traits. I don’t pussyfoot around; I call it as I see it. Some folks appreciate my directness and candor; others don’t because their nerves were struck. I make no apologies for that. If I wanted to candycoat every statement I make, I’ll go buy a candy factory. This is nothing personal; it’s just business. And if someone happens to take something I say personally, well, I can’t help that.

That “a higher product margin does not equate to a higher bottom line” is a blanket statement that I happen to disagree with. A higher margin can equate to a healthier bottom-line. Henry Ford did it when he introduced the assembly line in 1908. Many companies, including mine, has been able to do it since then.

It's time to move on.

[omeng]

ice cream, again? :D

[xxxloixxx]

My friend and I are planning to put up an internet cafe somewhere near St. Paul's College Manila. The rent for the place is P20,000. We plan to put up 10 to 20 units of computers. We also plan to sell call cards. Any advice?

[omeng]

To those who are contemplating on starting a business, you need to ask yourself the following core questions:

1. What service or product does your business provide and what needs does it fill?
2. Who are the potential customers for your product or service and why will they purchase it from you?
3. How will you reach your potential customers?
4. Where will you get the financial resources to start your business?

I also recommend that you visit this link to view sample business plans. At the very least, you can get an idea of what needs to be done:

http://www.bplans.com/sp/businessplans.cfm

Visit the site. Very informative. *okay*

[tennisace]

ice cream, again? :D
I'll take a triple scoop of Rocky Road on a jumbo sugar cone. ;)

[tennisace]

My friend and I are planning to put up an internet cafe somewhere near St. Paul's College Manila. The rent for the place is P20,000. We plan to put up 10 to 20 units of computers. We also plan to sell call cards. Any advice?
If you haven't done so, visit the site highlighted previously and click on the Internet Cafe sample business plan. You might pick up some valuable ideas.

[omeng]

I'll take a triple scoop of Rocky Road on a jumbo sugar cone. ;)

sorry bro, i've got two more scoop. miss beckom might ask one :D , so.. i can only give you one.. i'm sure that's alright with you. ;)

[GOwin]

To those who are contemplating on starting a business, you need to ask yourself the following core questions:

http://www.bplans.com/sp/businessplans.cfm

interesting link.

[omeng]

The Top Six Ways to Stay Motivated
by Chris Widener

I receive many emails from people that basically ask the same
question: How can I keep myself motivated long term? This seems to
be quite a common dilemma for many people so I want to address it
because it can be done! Here are my tips for staying motivated:

1. Get Motivated Every Day.
Zig Ziglar was once confronted about being a "motivational speaker."
The guy said to him, "You guys come and get people hyped up and then
you leave and the motivation goes away. It doesn't last, and then
you have to get motivated again." Zig reminded the gentleman that
baths are the same way but we think it is a good idea to take a bath
every day! It is true that motivation doesn't last. We have to renew
it each and every day. That is okay. It doesn't make motivation a
bad thing. We simply have to realize that if we want to stay
motivated over the long term, it is something we will have to apply
to ourselves each and every day.

2. Have a Vision for Your Life.
The root word of motivation is "motive." The definition of motive
is, "A reason to act." This is the cognitive or rational side of
motivation. It is your vision. You have to have a vision that is big
enough to motivate you. If you are making $50,000 a year, it isn't
going to motivate you to set your goal at $52,000 a year. You just
won't get motivated for that because the reward isn't enough. Maybe
$70,000 a year would work for you. Set out a vision and a strategy
for getting there. Have a plan and work the plan.

3. Fuel Your Passion.
Much of motivation is emotional. I don't know quite how it works but
I do know THAT it works. Emotion is a powerful force in getting us
going. Passion is an emotion, so fuel your passion. "Well, I like to
work on logic," you may say. Great, now work on your passion. Set
yourself on a course to have a consuming desire for your goal,
whatever it is. Do whatever you can to feel the emotion and use it
to your advantage!

4. Work Hard Enough to Get Results.
You can build on your motivation by getting results. The harder you
work, the more results you will get and the more results you get,
the more you will be motivated to get more. These things all build
on one another. If you want to lose weight, then lose the first few
pounds. When the belt moves to the next notch you will get fired up
to get it to the notch beyond that!

5. Put Good Materials into Your Mind.
I can't say this enough - listen to audios. I still listen to audios
regularly. I buy audio clubs from other speakers and I learn and
grow. Their successes motivate me to get my own successes! Read good
books. Read books that teach you new ideas and skills. Read books
that tell the stories of successful people. Buy them, read them, and
get motivated! Buy great music and listen to it. I just did a
spinning class at the club today. Whenever a good song came on I was
actually able to get motivated to ride faster! It gets you going and
motivates you!

6. Ride the Momentum when It Comes.
Sometimes you will just be clicking and sometimes you won't. That is
okay. It is the cycle of life. When you aren't clicking, plug away.
When you are clicking, pour it on because momentum will help you get
larger gains in a shorter period of time with less energy. That is
the momentum Equation! When you are feeling good about how your work
is going, ride the momentum and get as much out of it as you can!

These are the top six ways to stay motivated:
Get motivated every day.
Have a vision for your life.
Fuel your passion.
Work hard enough to get results.
Put good materials into your mind.
Ride the momentum when it comes.

These are simple principles, that when you put them to work
regularly, will change your life by keeping you motivated all the
time! So don't wait -- Get going!

Chris Widener

[omeng]

trump show - might be the ending episode today

street smart vs book smart

[omeng]

trump show tonight- might be the ending episode today

street smart vs book smart

7:30pm ABC 5 :)

[maris_blaise]

hi there. i was wondering if someone could point me to a bottle supplier. i'm looking to buy 15 ml blue bottles that will be used for packaging of essential oils. does any of you know good bottle suppliers? the ones i've seen so far were not of good quality. thanks!

[omeng]

big volume?

[maris_blaise]

^^ not that many... i'd like to buy a couple of hundred pieces first to sample the merchandise. :) if we like the quality of the product we'll be ordering about 5000 pieces every now and then depending on the sales of our product. any ideas?

[tonytheman]

Rush Sale Colored Contact Lens - P1000.00 (negotiable)
Brand: Colours
Available Colors: Green, Blue & Gray

If Interested Text: : +63 9217736494

[ready2go]

hey everyone :wave:

max!!! kumusta ang mga net cafe / lan shop mo? for me, as i expected, sales are starting to pick up because of the school season, but is lower than my usual average because other shops sprouted like mushrooms in my area in the past few months and there is a decline in interest in online games

furthermore, my shop ambiance and setup is basically geared towards the gaming market, which is mainly the adolescent male population (HS and college, with a few elementary students and out of school youths), that's why surfers and chatters which are mostly female and adults go to the well-lit and quiet business centers / computer shops

i've tried promos and price discounts, even held tournaments and special events but the gaming market at present is really not that strong; that's why i've finally decided to go for the internet / chatting market. i've maintained the dark ambiance of the shop but put pilot lamps on individual tables for those who need illumination. i also minimized the computer audio volume. fortunately, this change did not affect my gaming clientele, they still like the ambiance of the shop.

also, for the past week, i've been handing out flyers in key locations of my area and so far, there are only a handful of new internet customers, which i have yet to see come back to the shop. nevertheless, i know that this will take time so i'm planning to continue giving out flyers up until the end of july

so with all these said and done, please advise me on the following:

- was the decision to expand my market correct or should i just concentrate my efforts on getting more players?

- if you think the latter is better, then what else can i do to get more players?

- what other marketing strategies can i do to attract more surfers / chatters?

- and lastly, if you are a regular surfer / chatter in a particular shop, what can make you go and try out another computer shop? (assuming that there are always available computers in your usual shop and both our shops are accessible to you)

thanks in advance

r2g :coolhat:

[sayuri_succubus]

Can someone share with me a basic consignment contract? :D I've started consigning some my graphic tees... Any help would be appreciated. :D

[tqbfjotld]

makiki-epal lang ha



- if you think the latter is better, then what else can i do to get more players?



kuha ka ng assistant na certified hot babe, sure yan dadami ang costumers mo. syempre dapat sabihan mo yung girl na maging friendly :D

[Battousai1]

Hi! anyone here knows an advertising company that accepts investing of truck units that can be used as advertising (the trucks that roams in metro manila with advertising billboards) We have truck units and Im trying to think of alternative ways on how to earn from these truck units, anyone here who has suggestions? right now the only good thing I can think of is the advertising thing..

[tennisace]

hey everyone :wave:

max!!! kumusta ang mga net cafe / lan shop mo? for me, as i expected, sales are starting to pick up because of the school season, but is lower than my usual average because other shops sprouted like mushrooms in my area in the past few months and there is a decline in interest in online games

furthermore, my shop ambiance and setup is basically geared towards the gaming market, which is mainly the adolescent male population (HS and college, with a few elementary students and out of school youths), that's why surfers and chatters which are mostly female and adults go to the well-lit and quiet business centers / computer shops

i've tried promos and price discounts, even held tournaments and special events but the gaming market at present is really not that strong; that's why i've finally decided to go for the internet / chatting market. i've maintained the dark ambiance of the shop but put pilot lamps on individual tables for those who need illumination. i also minimized the computer audio volume. fortunately, this change did not affect my gaming clientele, they still like the ambiance of the shop.

also, for the past week, i've been handing out flyers in key locations of my area and so far, there are only a handful of new internet customers, which i have yet to see come back to the shop. nevertheless, i know that this will take time so i'm planning to continue giving out flyers up until the end of july

so with all these said and done, please advise me on the following:

- was the decision to expand my market correct or should i just concentrate my efforts on getting more players?

- if you think the latter is better, then what else can i do to get more players?

- what other marketing strategies can i do to attract more surfers / chatters?

- and lastly, if you are a regular surfer / chatter in a particular shop, what can make you go and try out another computer shop? (assuming that there are always available computers in your usual shop and both our shops are accessible to you)

thanks in advance

r2g :coolhat:
I think you should re-visit your original business plan and re-evaluate the strategies contained therein. The following link might help:

http://www.bplans.com/spv/3142/index.cfm?affiliate=pas

It may be time for your business to evolve. Perhaps value-added services might generate a new crop of clientele. Visit this following link and click on “In-Store Services”:

http://www.kinkos.com

By the way, have you ever thought of issuing headphones to gamers? At least this would eliminate the issue of fiddling around with the computer volume and keep the shop fairly quiet.

I am not particularly fond of random flyer distribution. I think it’s too much expense for so little gain. I found that most of it ends up in the trash. It might be better to work on the customers you have now and give them some incentive to come back and bring their friends. An idea that has worked well for one of my businesses is a version of the airlines’ “frequent flyer” program. In your case, it could be something like “frequent surfer program” or “frequent gamer program”. Customers sign up and get a small card that gets stamped or initialed every time they check in. The back of your business card works well for this purpose. After a pre-determined number of visits, the customer earns a bonus or gets a freebie. For those customers who are willing to participate in the customer referral program, they get a set of business cards with their initials on it and they are free to distribute these cards to their friends. When the referrals come in, they turn in the initialed card and the referring customer gets a bonus or a freebie. The next time the referring customers come in, they get the referral cards back to be re-distributed.

[SILENTMAX]

@ready2go
you have pm.

for people wanting to ask questions about my industry. im sorry i have instituted a "trade secret policy" you may ask questions about other topics but not the same questions that ready2go has asked. you can also ask tennisace about the same questions im preaty sure he is able and willing to help us out.

i will possibly lift this later on. but at a rate of a new competitor every week in my area. this will not be anytime soon.

there is a glut of new competitors and right now i am in a defacto state of crisis and have dug in.

thankyou and god bless

max
CEO
FBDC.NET

[SILENTMAX]

Sir Tennisace

it would be helpful if you could post some pointers in effective marketing strategy and advertising and promotions.

i will be throwing everything at my competitors including my tsinelas

their strength though lies in their numbers

[omeng]

max
CEO
FBDC.NET

Dang!

Kailan pa yan, idol?

I would like to invest. :D

Nice corp name, dude. *okay*

[skin_haven*]

hi! may alam kayo exclusive distributors/importers ng bangkok/chinese etc beauty products? Mostly seen sa binondo and divi? Sino kaya nagbabagsak sa kanila nun? Please lemme know!

[omeng]

^^ not that many... i'd like to buy a couple of hundred pieces first to sample the merchandise. :) if we like the quality of the product we'll be ordering about 5000 pieces every now and then depending on the sales of our product. any ideas?

none as of this moment.

if you could sort out in china, better.

my friend who's into wine business just got his bottle there.

if i found one, i will advise you. :)

[SILENTMAX]

Dang!

Kailan pa yan, idol?

I would like to invest. :D

Nice corp name, dude. *okay*

boss di pa naman ako incorporated just trying it on for size.
all will be done in due time.

as for invesments. in due time rin. sino kaya ma uutangan ko 17m...
sayang talaga yung LLC

[SILENTMAX]

If you are one of my Competitors then God bless you
i have now one single purpose in life and that is to crush you
im sorry but my people depends on me, and I WILL NOT let them down.

[omeng]

boss di pa naman ako incorporated just trying it on for size.
all will be done in due time.

as for invesments. in due time rin. sino kaya ma uutangan ko 17m...
sayang talaga yung LLC

:D *okay*

[maris_blaise]

none as of this moment.

if you could sort out in china, better.

my friend who's into wine business just got his bottle there.

if i found one, i will advise you. :)

thanks. :) i'll try to ask around about china bottles. i hope they can supply small quantities.

[chay_01]

hello! need a little help.. i just got some questions..:)

im also planning to apply as a supplier of my own product in SM.. my products are unique pouches na lagayan ng kahit ano. pwede pang-kids, pang-teens and adults as well (pwede rn sa guys)... iv read some infos kung pano, i just wanna know kung pano ba usually ang pricing ng product? let's say for example, my SRP for a pouch is P85. of course i give discounts on bulk orders. usually, ilang percent ang ipapatong ng SM sa product mo at panu kayo mgkakasundo sa pricing between you and SM? and sa pag-aapply ba, klangan pa mag-prepare ng written report about your product specifications, etc? (anyway, it's a pouch that's easy to use)

tnx a lot!!!:)

[maris_blaise]

^^ here's an old post you might find useful. :) good luck with your business.

to purple15star, madali lang maging supplier ng SM dept. store, centralized ang purchasing nila which means isang buyer lang ang kakausapin mo to supply their 20 + outlets. Their ofice is located sa Pasay, you can call them at 831-8000 and ask to be connected to the purchasing department and ask for their sampling schedules. ang sampling kasi nila per department. if you are planning on selling beaded accessories sa Ladies Accessories yon, kung pambata, sa Childrens Accessories and if you are selling accessories that uses materials like coco beads or carabao horns and other local raw materials, sa Philcraft dept. yon.

You have to bring your samples on the schedules they have, for example, thursday 8-10am yung schedule ng dept that you want to supply be sure that you bring your samples within the time schedule, mahigpit sila don hindi pwede ipaki-usap na 10:15 pa lang baka pwede pa nila tanggapin yung samples mo. You have to leave your samples and return on the consultation sked to check if they have accepted or rejected your samples.

With regards to the other dept. stores, you just have to call them and ask for their purchasing skeds. Dun sa mga boutiques, I'm sure the sales ladies will be able to direct you to their purchasing offices pag tinanong mo sila.

Goodluck sa yong business

[beefnmushroom]

If you are one of my Competitors then God bless you
i have now one single purpose in life and that is to crush you
im sorry but my people depends on me, and I WILL NOT let them down.

ano ang tinutukoy mo sa "my people", mga customers mo o mga empleyado?

[tennisace]

Sir Tennisace

it would be helpful if you could post some pointers in effective marketing strategy and advertising and promotions.

i will be throwing everything at my competitors including my tsinelas

their strength though lies in their numbers
Don Corleone once said, “Keep your friends close and your enemies closer.” Find out everything you can about your enemies and their modus operandi. It sounds a bit sinister, but it does work. I like to keep my operation at a level that’s just above my competitors. This degree of separation is how customers would distinguish me from my competitors. What this “separation” entails depends upon the business you’re in, the market you’re penetrating and what your competitors are doing. Whatever they’re doing, you must do it better. Whatever they’re not doing is a weakness you must exploit. Separating yourself comes in various forms. It could be in the area of customer service, better technology, superior environment, value-added services, etc.

My suggestion is, when you throw your tsinelas at your competitors, make sure it is attached to a hollowblock. Screw their numbers; divide and conquer.

The link below is connects to a site that I’ve referred to on occasion. Perhaps you can find something helpful in it.

http://www.toolkit.cch.com/text/P03_8060.asp

[tennisace]

For those who are thinking of putting up a business, already has plans to put up a business, or just started to do business, I urge you to visit the link below. It might give you some ideas and point you in the right direction before it’s too late:

http://www.toolkit.cch.com/BOToC.asp

[michelles]

hello! need a little help.. i just got some questions..:)

im also planning to apply as a supplier of my own product in SM.. my products are unique pouches na lagayan ng kahit ano. pwede pang-kids, pang-teens and adults as well (pwede rn sa guys)... iv read some infos kung pano, i just wanna know kung pano ba usually ang pricing ng product? let's say for example, my SRP for a pouch is P85. of course i give discounts on bulk orders. usually, ilang percent ang ipapatong ng SM sa product mo at panu kayo mgkakasundo sa pricing between you and SM? and sa pag-aapply ba, klangan pa mag-prepare ng written report about your product specifications, etc? (anyway, it's a pouch that's easy to use)

tnx a lot!!!:)

hi am new! am into beads naman

just wanna share (wala pa naman akong account sa SM), ang ginagawa ko kasi 150-200% mark up + 30% (labor) pag bulk orders hindi ko na halos kinonsider yung electricity and rent kasi dito lang naman ako nag papa trabaho sa house namin. pero alam ko may mali sa pricing standard ko untill now nag re-research ako ng applicable standard para sa products ko. pero i can say na kumikita naman ako. whe i do retail lagi akong 300% mark up from its original cost

naguguluhan lang po ako dun sa sinabi mo na SRP (suggested retail price), yung P85.00 po ba na SRP sinasabi mo cost ng materials & labor lang yun? o yung na yung SRP na gusto mo ibigay na presyo ng company sa selling area para sa products mo?

[michelles]

just wanna share this link about pricing strategy

http://www.netmba.com/marketing/pricing/

good day to all!

[SILENTMAX]

Activated carbon producer firm to list shares on PSE
Posted: 7:00 AM | Jul. 01, 2005

Inquirer News Service


A FAMILY-RUN producer of activated carbon from coconut shells plans to list one-fifth of its shares on the Philippine Stock Exchange (PSE) next year to raise at least $8 million (about P448 million).

Herman Montenegro, president of Pacific Activated Carbon Co., also said the company had converted P550 million of its short-term loans into a seven-year long-term package with a one-year grace period.

"Our plan on public listing aims at complying with the Board of Investment's requirement for projects listed with it as well as reducing our dependence on loans," he said.

Activated carbon is charcoal treated with oxygen to open up millions of tiny pores between carbon atoms, making it ideal for absorbing odorous or colored substances from gases or liquids. Pacific Activated Carbon's clients use its activated carbon product in making cigarette filters and water filters.

The Omnibus Investments Code of 1987 requires companies registered with the Board of Investments to be at least 10-percent publicly owned within 10 years of registration.

Pacific Activated Carbon has a plant in the southern province of Misamis Oriental that can produce 18,000 metric tons of charcoal a year, with 95 percent of the yield shipped out to customers in North America and Europe.

Montenegro said that of the 20-percent equity that would be sold to the public, 12.5 percent would be primary shares and 7.5 percent would be secondary shares.

"Based on the plan, we would be able to reduce at least 40 percent of the total of $15 million that we owe to lenders," he said.

He added that the firm was also looking at the possibility of cross listing with the Singapore Exchange, which last year invited Pacific Activated Carbon to do so.

Montenegro added that Pacific Activated Carbon's tie up with DEG, which made a loan of $6.3 million, made possible the ongoing rehabilitation of its 30-year-old plant in Mindanao.

He said the rehabilitation, to be completed by the end of October, would allow Pacific Activated Carbon to double its exports to P1.3 billion by end-2006. With INQ7.net

[SILENTMAX]

Carbon company gets loan,
eyes market listing


FILIPINO-OWNED Pacific Activated Carbon Co. Inc. (Pacco) has secured a fresh multi*million-loan from German financial firm DEG to fund its rehabilitation program, which is expected to be completed this year.

The newly secured $6.3-million loan is a restructuring of Pacco’s obligation from a local bank, which was refinanced by DEG under a seven-year term with a one-year grace period at lower interest rates.

A 30-year-old firm registered at the Board of Investments (BOI), Pacco manufactures activated carbon from coconut shell charcoal sourced from Mindanao. Activated carbon is used for the production of filters.

With a main plant in Misamis Oriental, it sources at least 18,000 metric tons (MT) of coconut shell charcoal from various parts of the Philippines.

Herman Montenegro, Pacco president, said Thursday that the loan will serve as a catalyst to the quick completion of the company’s on-going rehabilitation program.

In 2004 the company suffered substantial losses over what Montenegro considered as a “financial dislocation leading to lower production volume.”

While he declined to expound further, production in 2004 dropped to P300 million from P900 million.

With the loan, Pacco’s rehabilitation program will be 75-percent complete by mid-July and finished by end-October.

The loan will also allow the company to hike its gross revenues from a mere P500 million to $12 million.

Montenegro said exports can reach $20 to $24 million in the succeeding years. The Pacco official also said exports will reach as high as 1,500 metric tons of activated carbon following the rehabilitation.

Montenegro said Pacco secured the long-term loan from DEG as the company is beset by the lack of available long-term loans from local banks.

He said this problem has been hampering the growth of many industries in the Philippines.

The company, meantime, announced that it will be publicly offering some 20 percent of its equity shares before the local stock exchange by 2006 to raise added capital.

About 12.5 percent will be in primary equity and the 7.5 percent is secondary equity.

It expects to raise $8 million in yields for the public offering, allowing the company to cut its P850 million debt by 60 percent.

“We will be listing before the stock exchange to reduce the company’s dependence on loans,” he said.

Oskar von Maltzan, DEG representative, said the financial services firm intends to increase its portfolio in the country over the next few years.

DEG has poured in $220 million in long-term loans and equity to over 28 projects in the Philippines over the past 31 years.

It has a portfolio of 8 million euros in 16 companies.

[chay_01]

to michelles:

*** SRP ko na P85 is the price that i usually suggest my resellers to sell the pouches. but i only have 50% mark-up from the original cost for the product because same with you, as of now, sa bahay pa lang din ako ngpapatrabaho kaya labor *** and materials ang binabayaran ko. is that 50% mark-up ok lang ba? i rily think i should plan for the pricing again e... anyone? :D

[SILENTMAX]

" One can only know the true joy of victory by being well acquainted with the agony of defeat."

today my manager has filled her 2 weeks notice. we had a talk and she cried in front of me. she cannot handle the preasure.

these are the people who bleeds with me.

[omeng]

as said.. "expect the road to be bumpy."


Trade Events - How to Start a Business
on August 12, 2005
Venue: PTTC
Organizer: PTTC
Fee : P50.00
Contact Person: Maria Joey Urmeneta
Contact Numbers: (632) 831-9988/ 834-1344 loc. 317
Contact Email: tbmd@pttc.gov.ph


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


More here:
http://www.business.gov.ph/Trade_Events_.php?categoryGroup=Local%20Trainings%20and%20Seminars

[omeng]

Dude max, montenegro is another affiliated with arroyos.. hirap na. :D

[SiOMs]

i will be throwing everything at my competitors including my tsinelas



kung pwede lang ako rin magtatapon pero malaki-laking tsinelas (at instead of hollowblock - bulldozer nalang ang naka-attach according to tennisace ) and ang tatapunan ko ay Jollibee!

we have a food cart in one of the buildings in makati and a newly opened Jollibee near us is affecting our sales. seriously.

di na namin alam kung pano kami makikipag-compete.hay. any advice?

[beefnmushroom]

kung pwede lang ako rin magtatapon pero malaki-laking tsinelas (at instead of hollowblock - bulldozer nalang ang naka-attach according to tennisace ) and ang tatapunan ko ay Jollibee!

we have a food cart in one of the buildings in makati and a newly opened Jollibee near us is affecting our sales. seriously.

di na namin alam kung pano kami makikipag-compete.hay. any advice?

devil's advocate ulit ang role ko ngayon...

kung ngayon pa lang sa tingin mo ay wala nang pag-asa ang food cart mo laban sa jollibee, quit while you're only slightly behind. i assume na nasa area kayo na maraming call centers. asahan mong within the year marami pang ibang fastfood franchises ang itatayo sa lugar ninyo.

hindi ko naman sinasabing magquit ka na magnegosyo, pero dapat marunong ka ring pumili kung sino ang kakalabanin mo. choose your battles, ika nga. kung gusto mong lumaban lang just for the sake of competing, or dahil lang gusto mong ipaglaban ang "people who depend on you", tulad ni SILENTMAX, sige, lumaban ka! good luck!

[ready2go]

thank you sa lahat ng nag reply... expect PM's from me... :glee:

[michelles]

to michelles:

*** SRP ko na P85 is the price that i usually suggest my resellers to sell the pouches. but i only have 50% mark-up from the original cost for the product because same with you, as of now, sa bahay pa lang din ako ngpapatrabaho kaya labor *** and materials ang binabayaran ko. is that 50% mark-up ok lang ba? i rily think i should plan for the pricing again e... anyone? :D

i suggest wag lang po 50% ang mark up, nasubukan ko na rin yan nung bago ako sa biz nung first account ko sobrang talo ako labor pa lang.

if P85.00 is ur SRP, magkano selling price mo sa kanila per piece? if 50% mark up you mean P45.00 tama po ba? tapos P22.50 ang cost nya (materials)?

try to compute a selling price na kasama ang materials + transpo+ labor + others

@ Sioms

try to check you strength & weakness over jollibee or maybe its time to check ur swot & tows analysis. ilang months na po ba nag run yung food cart mo & ano-ano ba yung mga tinda mo dun? from there maybe we can suggest

:)

[michelles]

this might help

SWOT analysis

http://businessmajors.about.com/cs/casestudyhelp/a/SWOT.htm

TOWS analysis

http://www.definingmarketing.com/basics/tows.htm


good day to all :)

[tennisace]

kung pwede lang ako rin magtatapon pero malaki-laking tsinelas (at instead of hollowblock - bulldozer nalang ang naka-attach according to tennisace ) and ang tatapunan ko ay Jollibee!

we have a food cart in one of the buildings in makati and a newly opened Jollibee near us is affecting our sales. seriously.

di na namin alam kung pano kami makikipag-compete.hay. any advice?
If you are in Makati, I'm assuming that most of your customers are office people, yes?

If Muhammad can't come to the mountain, let the mountain come to Muhammad. Tama ba yon? Or is it the other way around? Anyway, there has to be something you can do that Jollibee can't. For one thing, you are probably more flexible and nimble than Jollibee. Would it be possible for you to offer delivery service within the area? I mean, customers can text in their orders, for example. Making it convenient for the customer to get their food from you might be an opportunity you can capitalize on. Creating a tastier or healthier alternative to the Jollibee menu might also help. If all else fails, you can always throw a cement hamburger at Jollibee, hehehe.

[ready2go]

The SWOT / TOWS analysis was a very interesting read. Thank you.

I will be applying this to my business so I can have a better plan of action on how to beat my competition.

Does anyone know an article / weblink about marketing strategies to capture the student market (highschool and college)?

Thanks in advance.

[ready2go]

SiOMs:

I think ganun talaga kapag may bagong bukas na competition... your regular customers will go there to at least satisfy their curiosity and / or break the monotony of their daily routine.

The best thing that you can do is to give them a reason why they should come back to you.

Off the top of my head:

1. Offer more variety of food than your usual menu. People will not eat Chicken Joy more than twice in a week (I think).
2. Ask your customers what food they want to see. Give them what they are craving for.
3. Establish a relationship with your customers. Be there during lunch and eat with your clients.
4. Do some marketing / advertising. 2000 pcs of 1/4 bond paper sized flyers costs around P300 only (riso printing).

HTH

[ready2go]

I am not particularly fond of random flyer distribution. I think it’s too much expense for so little gain. I found that most of it ends up in the trash.

I got the idea to distribute flyers from a guerilla marketing article. It does say that the effectivity of such a tactic will be through repeated distribution, and since I have around 2000 pcs of flyers already I might as well test its potency. :) So far, I noticed that the trick here is to give it to people who do not look they are in hurry. Saying a little something while handing it out will attract passersby and reach out for the flyer out of curiosity. Approaching a group of friends, specially students, will solicit you an opportunity to do a short marketing speech to them. Do you know any article / weblink which further discusses how to make this more effective?

It might be better to work on the customers you have now and give them some incentive to come back and bring their friends. An idea that has worked well for one of my businesses is a version of the airlines’ “frequent flyer” program. In your case, it could be something like “frequent surfer program” or “frequent gamer program”. Customers sign up and get a small card that gets stamped or initialed every time they check in. The back of your business card works well for this purpose. After a pre-determined number of visits, the customer earns a bonus or gets a freebie. For those customers who are willing to participate in the customer referral program, they get a set of business cards with their initials on it and they are free to distribute these cards to their friends. When the referrals come in, they turn in the initialed card and the referring customer gets a bonus or a freebie. The next time the referring customers come in, they get the referral cards back to be re-distributed.

I already did the "frequent flyer" promo last summer. I noticed that it was not that effective in getting higher frequency visits from my regular clients. Although they did express excitement over the anticipation of getting the freebies and incentives, they nevertheless just went on with their "usual schedule". No significant increase in sales was realized.

The referral program is something I'm working on right now. I think that there is potential in this strategy. Thanks.

[what]

hi everyone. i'm glad i found this thread. i'm thinking of starting an events/pr company. also, i've been selling native products for years now but only as a sideline and i'm thinking of selling them online. any suggestions/tips/comments?

[michelles]

hi everyone. i'm glad i found this thread. i'm thinking of starting an events/pr company. also, i've been selling native products for years now but only as a sideline and i'm thinking of selling them online. any suggestions/tips/comments?

been in the events industry for quite sometime, the pay is way sooo good! --- wait am talking of doing it as a freelance ha. Actually hindi mo papansinin ang TF (talent fee) pay mo, kasi patong pa lang ng price per requirement can go as high as 100k. during my time ang normal rate ng mga company is 30k halos consultation & organizing fee lang yun, iba pa yung on the day coordination, etc

with this kind of biz you need a lot of contacts, hindi lang mga supplier syempre pati na rin mga customers. sobrang stressfull ang work na ito pero am sure ma e-enjoy mo. with supplier contacts, attend ka lang ng mga exhibits tapos kuha ka ng mga calling cards ok na yun or pee ka rin mag log-in sa mga supplier directory sites. creativity, innovation, talent and good contacts mostly ang puhunan dito. sa mga gamit ... when i started, cellphone, landline namin as house & pc lang ok na

btw, do you have native abaka slippers? yung mga thong sandals na made of abaka yung pinaka tapakan? i badly nid it for my biz. thnks

[ready2go]

what:
ako need ko abaca boxes... yung kasing laki ng bond paper ang width and length, then at least 5 inches ang height... PM me kung meron... thanks

[SILENTMAX]

whad do you guys think?

in a 1.5km radius area there are 13 like business's competing for the same customers. as for me i predict a war.


ive separated the threath of 7. 7 shops within 500m radius of each other. ive sent in spies. i know their operation i know what they offer.now adjusting games lineup and services. i napalmed this area with a barrage of posters. all promo's upon promos of price slashes and freebies. free services free food free drinks

these 7 are 600-700m direct line of sight within my area and poseses the highest threath.

lets see what happens.

cry havoc and let slip the dogs of war



edit add:
i know of a newly opened shop in manila he's promo was to offer things for free for the first couple of days. funny thing is that only a few people availed of the free use.

yes this is how saturated the market is.

[ready2go]

max... buti na lang wala ako sa radius mo... :lol: by the way... walang H sa huli ang threat *peace*

ako din... all out war dito sa amin... my spies are in their designated posts and i've set booby traps just outside their shops :glee:

sa wednesday ang first wave of attack ko ... let's see if i learned anything from dota :D

max... you got my PM?

r2g :coolhat:

[michelles]

oi si ready2go nag DOTA rin :D

ako dito sa shop ko nalulungkot na ko, new shops continue to sprout arghh! Silentmax is right, may war at affected ako :depressed: community base kasi tong shop ko eh as in nsa residential area 2 blocks away from the main street. before ok ang sales ko lalo na nung peak ng RO & friendster, kaya ko kuin ang pambayad ko ng dsl for a week pero ngayon gessh. nung lumabas ang botting sa RO mas lalo ako na apektuhan kasi tinamad na mga players ko. good thing DOTA & ROSE Online gave them a new view wish ko lang sana magtuloy-tuloy

minsan nga pinagdadasal ko matuloy na yung zoning areas ng cityhall eh para umalis mga kalaban ko na malapit sa school, at least ako safe ;)

btw, am starting to enjoy DOTA too :rotflmao:

[ready2go]

michelles:
saan ang shop mo? sa manila?

is everything about your shop legal? i mean, complete ang permits at BIR registered ka? if yes, then you can definitely do something regarding your competition... if you know what i mean.

let's talk sa PM regarding marketing strategies on how to improve the sales of our shop... gumawa ako ng SWOT / TOWS analysis ng shop... gumawa ka na rin ba ng para sa iyo? let's compare kung okay lang sayo :D

thanks

[michelles]

@ready2go

i sent you a pm


@silentmax

san po located (mga) shop mo?

[SILENTMAX]

Quote for the day

"A GOOD leader is known by the praises of his people and companions..

but a GREAT leader knows how to praise and thanks his co-leaders and fellow men.."

[ready2go]

i know of a newly opened shop in manila he's promo was to offer things for free for the first couple of days. funny thing is that only a few people availed of the free use.

hmmm... i think people (read: students, teens)... usually respond and immediately relate to price rates rather than promos...

from experience:
me: P25 per hour with complimentary and bottomless iced tea
competition: P20 per hour, no complimentary drinks

students prefer my competition... tapos after nila maglaro... bibili sila ng iced tea sa mga food establishments dito sa area ko... haiz... that's why i'm bringing my price down to P20 per hour and limiting the complimentary drinks to one glass per customer

max... balitaan mo ako sa result ng marketing strategies mo sa PM... balitaan din kita ng mga nangyari sa akin

[maris_blaise]

hi have anyone of you guys hired someone to design your business cards? as in the full color business cards that's back to back. how much kaya yun charge sa ganun? just the design, not the printing. thanks!

[diwata28]

gumagawa ako ng bead accessories and, balak ko ibenta yun iba. may idea ba kayo king magkano mark-up? thanks

[maris_blaise]

if the cost of your materials are not that high, then 150% markup should be enough to cover labor, overhead and profit. that's the baseline, you can increase your price if you think your products are worth it. :)

[michelles]

gumagawa ako ng bead accessories and, balak ko ibenta yun iba. may idea ba kayo king magkano mark-up? thanks

hi diwata! i do it as a business too. marise_blaise has a point, it depends on the quality and design of your work. lalo na if its an "IN" thing ... (boho, gypsy & morrocan is "in" right now) the price also depends on your target market. i usually do 200-300% mark up

goodluck on your biz sis ;)

[omeng]

di na ko bibili niyan, taas pala magtubo.. :D

[SiOMs]

devil's advocate ulit ang role ko ngayon...

kung ngayon pa lang sa tingin mo ay wala nang pag-asa ang food cart mo laban sa jollibee, quit while you're only slightly behind. i assume na nasa area kayo na maraming call centers. asahan mong within the year marami pang ibang fastfood franchises ang itatayo sa lugar ninyo.

hindi ko naman sinasabing magquit ka na magnegosyo, pero dapat marunong ka ring pumili kung sino ang kakalabanin mo. choose your battles, ika nga. kung gusto mong lumaban lang just for the sake of competing, or dahil lang gusto mong ipaglaban ang "people who depend on you", tulad ni SILENTMAX, sige, lumaban ka! good luck!

we started in 2003 before pa magdatingan yung mga heavyweights like mcdo and jollibee. yun nga lang talagang hindi mo maiiwasan yung dumami competitors mo. kelangan nalang ng sipag, tiyaga at creativity kung pano paparamihin ang sales. thanks dude! :)

[SiOMs]

this might help

SWOT analysis

http://businessmajors.about.com/cs/...help/a/SWOT.htm

TOWS analysis

http://www.definingmarketing.com/basics/tows.htm


good day to all

thanks for the swot & tows link! will be reading it as soon as kumonti ang work namin *okay*

[SiOMs]

If you are in Makati, I'm assuming that most of your customers are office people, yes?

If Muhammad can't come to the mountain, let the mountain come to Muhammad. Tama ba yon? Or is it the other way around? Anyway, there has to be something you can do that Jollibee can't. For one thing, you are probably more flexible and nimble than Jollibee. Would it be possible for you to offer delivery service within the area? I mean, customers can text in their orders, for example. Making it convenient for the customer to get their food from you might be an opportunity you can capitalize on. Creating a tastier or healthier alternative to the Jollibee menu might also help. If all else fails, you can always throw a cement hamburger at Jollibee, hehehe.

1: Yup.
2: Our food cart's a franchise, that's the other thing. limited kami pag dating sa new products dahil ang franchiser ang nagpprovide nun.
3: We tried this before, the problem is hindi sila nagttext hehehe!

cement hamburger nalang! :lol:

pero thanks dude for the advice, if you come up with other ideas i'd love to hear them *okay*

[SiOMs]

SiOMs:

I think ganun talaga kapag may bagong bukas na competition... your regular customers will go there to at least satisfy their curiosity and / or break the monotony of their daily routine.

The best thing that you can do is to give them a reason why they should come back to you.

Off the top of my head:

1. Offer more variety of food than your usual menu. People will not eat Chicken Joy more than twice in a week (I think).
2. Ask your customers what food they want to see. Give them what they are craving for.
3. Establish a relationship with your customers. Be there during lunch and eat with your clients.
4. Do some marketing / advertising. 2000 pcs of 1/4 bond paper sized flyers costs around P300 only (riso printing).

HTH

1: as i've said in my earlier post, franchise kami and yung new products dependent sa franchiser. in two years, they only developed 2 new products and this year lang nila yun nilabas.

2: will try this one again, baka now's the best time to put up a suggestion/comments box para makakuha ng feedback sa customers.

4: yup, i personally gave out fliers during our first year. parang hindi ata effective to? does this really work? hehe pero anyway we still have stacks of them at home, so it wont hurt to try ulit :D

thanks ready2go! *okay*

[SiOMs]

mga dudes! thanks sa mga reply nyo. *okay*

p.s. kung sa makati kayo nagw-work, pm nyo ko.
bibigyan ko kayo ng discount pag samin kayo bumili :glee:

[boogerflicker]

musta naman ang mga review centers? may nagpa-franchise nito e. It seems apt for the area I'm looking into.

[maris_blaise]

hmmm, review centers are great money makers kapag popular kayo sa students. you need to produce top notchers or else walang magrereview sa inyo. may kilala ako na nagsetup ng review center but since they weren't able to produce board top notchers in the first few years of operation, nawala din sila sa business eventually.

[michelles]

hmmm, review centers are great money makers kapag popular kayo sa students. you need to produce top notchers or else walang magrereview sa inyo. may kilala ako na nagsetup ng review center but since they weren't able to produce board top notchers in the first few years of operation, nawala din sila sa business eventually.

if thats the case, ***** mas maganda kung review center ni rey gapuz ang kukunin nila.

@omeng

hehhe thats how we gain money from it :D , yung thought of reading na 200-300% mark up medyo stiff pero ok lang kasi handcrafted lahat tska masakit sa kamay, mahirap gawin. :D

yun nga lang pag tinapatan kami ng bangkok/ china made accessories paktay na negosyo. bwiset na globalization yan!

[maris_blaise]

^^ i agree, when you buy handcrafted products you don't just pay for the raw materials, you also pay for the artist aspect of it... if you get my drift. :)

[omeng]

RATIONALE

Growth does not necessarily mean growth physically manifested by additional outlets, branches, buildings, personnel and office equipments. Entrepreneurial growth means growth in terms of market reach which would unleash a lot of creativity and understanding of the target market. Widening your market base entails identifying your market and effectively responding to their needs. You have to get them hooked to your products/services. You need to create a niche in the market. You must create an impact!

Creating an impact is making your products/services visible. Product/service recognition and recall is a measure of product visibility. This is the goal of branding. This is the reason for packaging.

This business forum aims to equip entrepreneurs to achieve market visibility and credibility by creating a market niche thru branding and packaging!

7th Kapihang Entrepinoy Programme and Speakers

Date and Venue

The 7th KAPIHANG ENTREPINOY will be held at the

SENDEN HALL, ASIAN SOCIAL INSTITUTE BUILDING

on July 14, 2005.

Leon Guinto Street corner Escoda Street, Malate, Manila

http://www.csentrepinoy.org.ph/7thaniv.html

[SILENTMAX]

boss omeng

looks interesting. i might go, sama ka?

anybody else wants to go to this event. i find cse events to be highly educational.

plus baka may cute :rotflmao:

sana di ganun ka busy schedule ko. grabe na talaga work load ko. halos 17-18 hr days na work load ko.

[omeng]

Might help with your present situation, dude.

I will find way to accom this event. I'll keep in touch.

[maris_blaise]

sounds like an interesting event. :) i will try to go if i'm not too busy.

[PinkWriter]

Hi guys. Really I'm about to give up the fight to keep my small biz going. It's really hard to survive these days. Competition is really tough. added to rising costs of utilities. Been in the computer business rental for about 3 years already and man... this time it really is down and getting harder :( Well.. the only advantage , I guess is that I am my owm boss, but otherwise, if I can earn from having an office job-- without all the headaches of meeting the monthly overhead , why not sell the biz and move to new post in life? What do you think guys?

[michelles]

i guess karamihan ng andito (except for silentmax :D ) who are in the computer rentals industry seems to have the same burden... ang hirap talaga i-sustain ng biz na ito ngayon, pero am wondering kung bakit andami pa rin nag o-open ng mga bagong computer shop ngayon. nag isip kaya sila bago nila gawin yun? i mean did they do research and still see an oppurtunity out of it? dont know whom to blame ... i have to agree na bagsak na gaming industry especially RO anlaki talaga ng nawalang percentage na sales nung inayawan na ng players mag Ragnarok because of hacking, scamming, etc

yes, i wanted to keep the biz because i enjoy being my own boss pero arghh tinatangap ko na ganito ang situation ngayon but still am wishing this would pass. my PC shop is my first baby :sad:

i suggest sis Pink Writer, if you can still manage to sustain your monthly overhead even if you get an amount of money from your own pocket why not do it. pero syempre dapat bibigyan mo rin ng time frame lets say 3months habang ginagawan mo ng paraan matulungan yang biz mo. put up a hotdog & humburger stand outside your shop ... i tried it before & it works! mas malaki pa nga kita ng food stand kesa sa pc shop ko eh, pero ok lang kasi kinuha ko din naman yung puhunan sa food stand sa shop :D

but then if you feel like selling the biz, its up to you sis *okay*