I have observed three prevalent problems in Filipino micro-small businesses. First is that many Filipinos start a business and abandon it. Second is that business money is mixed up with household money and finally, owners are not able to collect sales. Continue reading
Becoming an entrepreneur takes a lot of courage for one would have to face a lot of uncertainity. There is the risk of leaving employment, the risk of putting money to something without control of the outcome and the risk of failure, to name a few. Continue reading
Peter Drucker is a management guru, educator and author. As an author, he wrote several books incuding “Entrepreneurship & Innovation.” It is one of those books that is worth reading and re-reading because of the wealth of knowledge printed on it. One will have different takeaways from the book, for me it is about the importance of marketing and innovation in profit making. Because of that concept, I was able to develop a Business Model Analysis Tool which seperates operations & its support from marketing. Continue reading
Jack Madrid, Country Manager of Multiply.com, said during a TV interview that 2013 will be a great year for online businesses. He enumerated some reasons like better internet infrastructure, and easier online banking. Continue reading
We know that OFWs are the Bagong Bayani because they help in making our economy stronger by sending their money to the Philippiness. And over the years, the billions of dollars that were remitted resulted to a stronger peso against the dollars; USD1000 two years ago is valued at Php43,000, now, the same amount in USD is only 40,000. Continue reading
