9 Tips on How to Say Goodbye to Your Boss and Hello to Your Own Business

Many Filipinos love to have a business of their own but  are always hesitant to take the risk. That is OK, nobody likes risk anyway. I once did a survey among employed people. I ask them to raise their hands if they want to have a business. 100% raised their hands. I asked them if they are would shell out a month of their salary to a new business. Nobody raised hands. So I asked them what they want to do as their business. They all said that they will use their skill to start a business. That I think is practical and wise but as Michael Gerber said in his book, skills alone do not make you successful. You still need to be scientific in your approach to starting a new business, most especially when you are trying to transition from being employed to self-employed.  So how would you say goodbye to your boss and hello to business? Continue reading →

Questions that lead to innovation

Oscar Wilde  said “When you assume, you make an ass out of u and me”.


The word innovation is from the Latin word innovatus which means stemming from. In other words innovation is an improvement of something. In the world of business, the innovative products are an improvement of an existing product. All of the innovations we see today are derived from the needs of customers, this is called market innovation. An example of innovation is the business model of Michael Dell. It used to be that computers are sold as a package. You buy the whole thing from the maker and you can not choose the part that comes with it. Michael Dell realized that there are customers who want to customize the parts of their computers based on their needs and budget. So in his dorm room, he started selling “Build you Own” computers.

For an idea to be considered an innovation, it must make the life of the user easier compared to what he or she is currently using, and accepted by the general market.

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A Must Knowledge for Entrepreneurs

Success is part knowledge, work, faith and luck. But if you do not consider yourself very lucky then try increasing on the others. In this post I will focus on knowledge. Many entrepreneurs attribute their success to knowledge, maybe from school or experience. There are 5 things you need to know so that you can increase your chance of becoming successful. Continue reading →

How to be a successful entrepreneur franchisee?

Franchise business has been booming for the past few years. In the Philippines, it is almost in the front cover of every business magazines every month; From Siomai to ink. The promise goes like this, If you have a money, buy a franchise and you have an instant business as a source of extra income. It sounds easy but it is not always that way. A franchise is still a business and like any business, it needs attention. Continue reading →