Business plans do not have to be complicated, but it has to touch on important points that affect the business. When creating a business plan you have to be clear and concise so that is can be easily understood by the people who will read it. It must serve as a manual for your current and future employees. It must be able to describe what you want and how to get them.
The 3 careers mentioned in the title have one thing in common, they are all self-employed and solo entrepreneurs. In the recent article by Dr. Villegas of The University of Asia and the Pacific, he stated that 28.8% of the Philippine population are self-employed (part of which are the solo entrepreneurs like ML Marketers, Direct Sellers & Real Estate Brokers). Just imagine the amount of taxes being contributed by these people. That being said, they must recognize that they have a big responsibility to the society. And since they are a big help to they society, they must be able to sustain and grow their business. Continue reading
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
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
When you are new in the business, its really going to be an uphill climb. You have few resources and still building a good reputation to your customers. A good reputation is the building block of a strong business. Here are a few tips on how to create a brand for yourself. Continue reading
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