You probably come to wonder how these small entrepreneurs gone from nay to yay. But it’s really no secret when you ask them how they managed to climb the ladder of success. Every businessman can tell a tale of wise thoughts to guide you from a whiny start-up to a bad ass key player in the market.
Coming from a business-oriented culture, here are some good ole’ wise tips that you need to know to maximize the potentials of your small business and come through booming in no time.
1) Be the master of your own game.
Surely, it’s the number one rule when starting or having a small business, always do business that you, as the business owner or partner, know how to handle. A business where you lead in and a business which you love doing is the best business to do. For instance, if cooking or baking is up in your alley, pretty sure the restaurant will be kicking in no time, and then you may hire people to assist you or contribute for you.
2) Create meaningful connections.
Everyone is your best friend when you’re a businessman, especially for a small and start-up business. You treat everyone your favorite customer and mostly the first few customers are people you know. Impress them and they refer to you more prospects. It is also a good idea to join organizations with like-minded businessmen and create a network to give you edge in the marketplace.
3) Know your market.
This is another factor to put your small business ahead of the a-game. Getting the right location, identifying the type of customers you are catering to, and filling up the void in their needs pave the way for a successful business.
4) Study your competition.
That’s the great thing about having a business here in the Philippines, it’s a free market and pure competition is always the lovechild of capitalism. It’s a really competitive market, and you have to offer something unique, so check out what’s cooking at the other side of the fence then figure out how you can stand out from the rest. There’s nothing really bad checking your competition out, after all, business is business.
5) Go where the people go.
As a small and fresh business, reaching out to your market would be an ideal marketing strategy before even having people to go find you. There are so many ways to do such; you can either set-up an online presence, attend events that caters to young entrepreneurs where they connect to their potential clients such as getting your business to join business expos, and the like. It all boils down to creating awareness of your products and services.
Now whenever you’re starting a business or a beginner in the game, it’s nice to ponder on these thoughts and strategize your plans more effectively. So any cash can come in handy to build those dreams into reality. If cash is the problem, no worries! Pawnhero is the superman to your piggy bank. Just download the really cool and easy app or visit the PawnHero website and everything is just at the tip of fingertips. So go forth and start growing your business.
“BREXIT,” a combination of “Britain” and “exit,” is the nickname for the British exit from the European Union (EU) that was submitted to a referendum in the United Kingdom on Thursday.
In the referendum, voters were asked: “Should the United Kingdom remain a member of the European Union or leave the European Union?”
In a shocking close-run vote, the British public decided to leave the European Union. The “Leave” campaign won by 52 percent, beating the “Remain” campaign, which drew 48-percent voter support.
What is the case for leaving?
A lot is implied in one of the campaign’s slogans, “Take control.” Britain’s loss of full authority over its economic policies and regulations has so rankled many of the country’s citizens that it has spawned an entire genre of urban legends over the years, called “Euromyths.”
These stories usually feature some aspect of classically British culture that is supposedly under threat. One claimed that double-decker buses were to be banned, while another suggested that fish and chips would have to be written in Latin on menus. The subtext is barely subliminal at all: Gray-suited Brussels bureaucrats are the enemy of Britishness, a threat to Britain’s identity in all its deep-fried, double-decker glory.
Though Britain has accepted a small number of refugees relative to other European countries, British tabloids have implied the country is being overrun by an uncontrollable “swarm” or “tide” of foreigners. Labor migration, particularly from Eastern Europe, has often been painted as economically threatening.
What will happen to Britain if it leaves?
Projections differ significantly over the precise economic effect, but there is a consensus that leaving would hurt Britain financially, at least in the short term.
Without access to the union’s open markets, Britain would probably lose trade and investment. And while the influx of migrant workers has created anxiety over British culture and identity, losing that labor force could lead to lower productivity, slower economic growth and decreased job opportunities, a study by Britain’s National Institute of Economic and Social Research found.
A Brexit could also quickly spawn, err, a “Scexit.” Nicola Sturgeon, the first minister of Scotland, has said that if Britain votes to leave the European Union, she will hold a new referendum in which Scots could vote to exit Britain — and then rejoin the union as an independent nation.
Scotland’s voters rejected such a measure by nearly 10 points in 2014, but analysts say a Brexit could change that because the Scots overwhelmingly support European Union membership.
If Scotland were to leave, that could dramatically alter Britain’s political character, as Scotland’s members of Parliament lean to the left.
Brexit and the Philippine economy
April Lee-Tan, head of research of COL Financial, said fundamentally, Brexit should not have a significant direct impact on the Philippines.
“The UK is not part of the country’s top 10 export destinations—although the UK accounted for around $1.5 billion of our total OFW (overseas Filipino workers) remittances last year,” Tan said.
“The impact is more indirect as the uncertainty as to what would happen after a Brexit is causing people to switch to safe haven currencies—like US dollar, Japanese yen, Swiss franc—and safe haven financial products like sovereign bonds,” Tan said.
ING Bank Manila senior economist Joey Cuyegkeng said the UK decision might also affect Asia and the Philippines, as seen in the financial markets. “But major central banks and major governments are likely to moderate the impact of Brexit,” he said.
“We believe that the economy can withstand such external developments. Higher fiscal deficit spending focused on higher infrastructure spending and greater disposable incomes would likely keep Philippine economic growth in the area of 6-7 percent,” Cuyegkeng said.
Team Think Philippines – Research
A 19-year-old college student has claimed the nearly P33-M Mega Lotto jackpot prize on Monday
The lucky winner said he got the winning combinations from birthdates of his family
He plans to buy a house and lot for his parents and start a business for himself
Despite the fortune, he will still pursue and complete his studies
MANILA, Philippines – A 19-year-old student has come forward to claim the nearly P33-M Mega Lotto jackpot prize on Monday, April 4.
Philippine Charity Sweepstakes Office (PCSO) vice chairman and general manager Ferdinand Rojas II, told Inquirerthe college student from Pasig City claimed the 6/45 lotto top prize amounting exactly to P32,940,388.
The unnamed man is the sole winner who picked the winning number combination 20-24-19-44-16-30 drawn last March 28.
The lucky winner told the PCSO official he got the winning combinations from the birthdates of his family. He bought 2 tickets for P40 and luckily won the jackpot. The winning combination was a standard bet, according to Rojas.
Rojas added the bettor has been playing lotto for over a year. The student bought the winning ticket from an outlet in Kapasigan Public Market in Pasig.
Part of his winnings will be used in purchasing a property – a house and lot – for his parents.
However, despite the huge windfall, the student said he will still pursue his studies to complete a degree. He plans to open a business but has not decided yet on what type he plans to invest on.
Meanwhile, 18 lucky bettors also won P50,000 for getting 5 out of 6 of the winning combinations, while 1,332 won the third prize of P550 each for correctly picking 4 of the 6 lucky numbers.
This company owned by Henry Sy is one of the biggest companies in our country. This is a retail center where various brands of clothes, footwear, bags, accessories, toys, gadgets, and other types of products can be found.
The owner of this company has a very inspiring story, considering that he was born to a poor family in China. Many entrepreneurs were inspired by this man and, until now, most entrepreneurs know him.
His family originally had a sari-sari store, but it was burnt down and was looted in the midst of chaos before the war ends. Henry Sy stayed in the country to start a new business while his father headed back to China. He didn’t lost hope despite the pain and hardship brought by the war.
Today, SM is one of the multibillion-dollar businesses and is very popular all around the world. This proves that perseverance, efforts, and passion are few of the most important traits that you must have to be successful.
Meralco is a well-known electric company here in the Philippines, and it is the largest distributor of electrical power. It holds the distribution franchise of 22 cities and 89 municipalities. Moreover, MERALCO stands for Manila Electric Railroad and Light Company, which is also their original name until 1919.
Though it may look like a tough company, it also has experienced lots of troubles and hardships before it has achieved its place today. Back then, this company is providing mass public transportation with electric street cars, but unfortunately, it was destroyed beyond rehabilitation during World War II.
Other than that, there are also other hardships. Nowadays, Meralco has earned its rightful place and is now the biggest electric distributor in the Philippines.
Ayala Corporation is one of the biggest and well-known companies here in the Philippines founded by Casa Roxas and Antonio de Ayala.
Ayala Corporation owns one of the country’s largest banks, Bank of the Philippine Islands. They also own one of the country’s top telecommunication networks, Globe Telecom.
In addition, they own one of the country’s leading real estate developer, Ayala Land. Other businesses of the Ayalas include Manila Water Company; Microelectronics, Inc., and Integreon.
Jollibee is one of the most popular food chain here in the Philippines with more than 2,500 stores worldwide.
Jollibee started only as an ice cream parlor but the owner had a dream and wanted more. Tony Tan, the founder, traveled to United States to study how the market works for food chains. Instead of franchising other food chains, he expanded his own hamburger-serving fast food named Jollibee. Today, the business is still going strong and is still one of the most well-known fast food chains in the Philippines.
National Book Store, Inc.
National Book Store (NBS) currently has 128 branches all over the Philippines.This number proves that this business is successful. They are widely known especially to students since most of the things that they provide are of their necessity.
What’s good in this company is the story before it came to riches. The person behind the success of NBS is Socorro Cancio-Ramos, a woman who started as a saleslady in another bookstore. When she got married, her family has put up the NBS in Manila.
However, selling books is not very popular during World War II so she decided to sell something other than books. Fortunately, all their stocks were sold during the American era and they have continued to build a small tent to continue their business.
Allow us to write this Political Opinion-Editorial in Filipino-English format to grant the request by the majority our followers. We also commit to find a way in publishing online articles in Ilonggo, Kapampangan and Ilocano in the coming months ahead.
Recently, Dick Gordon and Bagumbayan Volunteers for a New Philippines (BVNP)’s Petition for Mandamus was granted by the Supreme Court however at this moment,still the COMELEC is not giving up on appealing before the SC to repeal the implementation of the Voter’s Receipt as part of the verification and security feature of our Vote Counting Machine/Formerly known as PCOS machines.
However, like you, we also share the same questions inside our minds :
1. Bakit nga ba ayaw hayaan ng COMELEC na nangangasiwa ng ating malawakang halalan na magka resibo at kakayahan ang taumbayan na magkaroon ng kasiguradohan na ang ating mga boto ay hindi lamang nabasa kundi na bilang ng tama?
2. Kung ang simpleng transaction natin sa pagsakay at pag gamit ng TNVS/Car sharing apps kagaya ng Uber at Grab ay merong online receipt at pinapadala pa sa ating email bakit ang PHP 5,000,000,000 (5B) worth of voting machines natin na pinagyayabang nila na high-tech ay hindi nila magawan ng paraan na mag labas ng resibo at pilit nilang hinaharangan? Pwede ba natin masabi na ang ating COMELEC na limpak-limpak ang budget ay isang palpak at mas matino at maayos pa ang isang startup/naguumpisang negosyo na Uber at Grab sa pagbigay halaga at importansya sa seguridad at integridad ng transaksyon nila sa mga tao?
NOTE : This kind of receipt by Uber Philippines will be sent to your email in less than 1 minute after arriving at your destination and paying your driver.
3. Bakit pilit na ikinakatakot ng COMELEC na tumagal ang halalan ng additional na 20 hours kung meron tayong resibo para sa kada botante kung ito naman ay makakapanigurado na tayo ay may kapasidad na beripikahin kung ang boto natin ay tama at nabilang.
Bilang isang malaya at nagiisip na modernisadong Pilipino malamang ito na ang panahon upang suportahan natin ang isang tao kagaya ni Dick Gordon na ipaglaban ang karapatan natin na magkaroon ng access sa isang verification mechanism kagaya ng voter’s receipt. H’wag natin hayaan na ang COMELEC ay patuloy tayo na linlalingin at mag wagi na naman ang mga taong may pansiriling interest at “allegedly” may capacity to electronically rig the counting process of our voting machines/pcos.
We, Filipinos deserve to be heard and be empowered to verify if our votes were truly counted.
Let us stand up and fight the oppressive and backward thinking of Comelec!