May 24, 2009
The good thing about the recession is that we see the resilience of people during trying times. Admirable are the people who continue to strive hard despite the challenges and difficulties of being laid off or of not finding work.
In Taiwan, BBC News reports that several citizens have no qualms about taking weird or odd jobs — as long as they earn money. Here are just some of them: an Errand Runner, a Mosquito Controller, and an Eyebrow Shaver.
June 28, 2007
Do you have what it takes to be one of the country's Top 10 Entrepreneurs?
If you do or know one who deserves to be recognized, submit a nomination in the 2007 Entrepreneur 10 Search sponsored by Entrepreneur Philippines Magazine.
February 19, 2007
The DHL Young Entrepreneurs for Sustainability Awards (DHL YES Awards) is an awards program that seeks to recognize and promote young social entrepreneurs in Asia working towards the UN Millennium Development Goals.
In the inaugural year, 2007, the Awards will initially take place in five countries in the Asia Pacific region – Bangladesh, Pakistan, The Philippines, Singapore and Thailand.
What are the UN Millennium Development Goals?
The eight (8) Millennium Development Goals (MDGs) whichform a blueprint agreed to by the world’s countries and leading development institutions galvanizing unprecedented efforts to meet the needs of the world’s poorest by 2015.
The 8 UN MDGs are:
- Eradicate Extreme Hunger and Poverty
- Achieve Universal Primary Education
- Promote Gender Equality and Empower Women
- Reduce Child Mortality
- Improve Maternal Health
- Combat HIV/AIDS, Malaria and other diseases
- Ensure Environmental Sustainability
- Develop a Global Partnership for Development
December 5, 2006
The HSBC Young Entrepreneur Awards encourages and rewards brilliant entrepreneurial thinking from the youth. It is open to all full time Filipino university students (aged 25 or below as of 31 March 2007) from public and private colleges and universities in the Philippines.
The following, however, are not eligible:
- Post-graduate students
- Self-study students
- Students studying abroad
- Students of a different nationality (i.e. foreign exchange students)
- Individuals (not in a team of two or three)
The local competition runs from October 2006 to March 2007 and will be divided into four rounds.
November 23, 2006
What to Do When You Want to Give Up
Any successful entrepreneur will tell you that starting a business isn't always a smooth ride. Doors close. People object. Stuff happens. Here are some 10-minute actions you can take when you feel like throwing in the towel and walking away from your dream.
- Calm Yourself Down. Breathe. Count to 10. Go for a walk. Do something that will take you out of your emotional reaction and give you perspective on your situation.
- Read Your End Goal Statement. Remind yourself of what you're creating and why. This tends to jump-start your motivation because you've written it in the present tense, as if it were happening now.
- Change Your Focus. Make a list of the positives. This could include what you have achieved, the contacts you have made or how much you have grown through the process thus far.
- Look for the Opportunity. Ask yourself, "What is this situation trying to teach me?" Challenges can be the most valuable form of feedback. Any setback, glitch or crisis can be used as an opportunity to help you move forward.
- Get Support. Hire a coach. Find a mentor. Consult an expert. Talk to an objective person (someone who believes in you) who can help evaluate the situation, answer your questions or guide you in finding the right solution.
Creative Ways to Find 10 Minutes
Your day is already scheduled with everything you should do and need to do. Making time for something you want without compromising other tasks can be difficult, but it doesn't have to be. Here are some creative ways to find 10 minutes to start building the business you've always dreamed about.
- Try to wake up 10 minutes early, and use the time as soon as you wake up.
- If you take public transportation, use the time during your commute to work. If you drive, take 10 minutes in the parking lot before you head into the office.
- Make time for your task while your computer is booting up.
- Take 10 minutes during your lunch hour or afternoon coffee break
- Use any time you're on hold on the phone.
- Use the time during the commercials of your favorite TV show.
- When your kids are napping or after they go to bed, spend 10 minutes on a task.
- Use the time while dinner is cooking.
- Take 10-minute breaks from watching your kids in the evening–alternate child-care shifts with your spouse.
- Excerpts from "Got a Minute?" by Cornelia M. Flannery, published on the September 2006 issue of Entrepreneur Magazine
[tags]Pinoy entrepreneurs, forum, Philippines, entrepreneurship tips, guide[/tags]
November 19, 2006
Nobody can miss it: The vibrant orange extension of the house in Masambahin corner Mapagkawanggawa Streets in Teachers Village East. The place does not even have a signage, just two banners — one says Pinggan #25 Food House; the other proclaims the place’s best sellers — lumpiang ubod and other home-cooked specialities.
The neighborhood restaurant, a dream of Ana Jose, business administration graduate of Miriam College, has been around since Aug. 21, 2001.
The homey restaurant can seat 20 indoors and 30 in the open area. Here, neighboring residents, NGO office workers and other nearby office workers drop by for a hot lunch Mondays to Saturdays except holidays. But it is in the delivery service that Pinggan is known for.
Pinggan delivers, cash-on-delivery (COD), phoned-in orders within Teachers Village, UP Village and Sikatuna for free. At first delivery was on foot, then by bike and now by motorcycle. Delivery time is from 10:30 a.m. to 1:30 p.m.
There is a minimum of P100 worth of orders for deliveries, but this rule is not followed, Ana admits. Even one or two dishes are delivered as long as it’s on the way to other deliveries.
Being a neighborhood restaurant, Ana uses affordable pricing. Fish like tilapia and galunggong, and everyday vegetables like kalabasa and sitaw go for P25. Beef, pork and chicken regularly go for P40 per serving, more for specialty shellfish or meats like grilled lomot (P70), grilled stuffed bangus (P90), callos (P55), kare-kare (P75) and lengua (P65).
November 13, 2006
Daniel Bonifacio has gone a long way from cleaning rooms and mopping floors of a commercial bank. That was P77,000 ago.
Nowadays, the former janitor is busy with his sari-sari store and wholesale business, put up with micro-financing through the Center for Community Transformation Credit Cooperative or CCT.
"I have four kids and I believed then I could not put them through school with a janitor's salary," Tatay Daniel says.
"So I started selling fruits with P700 in capital, which was not enough," he relates. "Fortunately, I was able to join CCT and was allowed to borrow P2,000."
Tatay Daniel expanded his product line to charcoal and other articles that the urban poor like him needed.
"I took good care of that first loan, paying diligently because I know that's the way for me to stay in business," he says. "Later on, I was able to borrow P5,000."
October 28, 2006
Here's one "best" practice entrepreneurs won't learn in any school: If you've tried all options and yet debtors still aren't paying, try shaming them.
Bartolome Malacura, a 70-year old sari-sari (retail) store owner in Davao, did precisely this by advertising the names of his debtors in front of his store. Believe it or not, the plan worked, said Mr. Malacura. Read on.
October 10, 2006
If you think you have an innovative business idea but don't have funds to execute it, Enterprize 2006 might just be what you are looking for.
Enterprize 2006, sponsored by brokerage firm AAA Commercial Broker and Consultancy Inc. (ACBCI), presents a "platform for all those who have a business idea, a new technology, or a gap in the service market… to present their Business Ideas to a wide public and to be given a chance to realize them."
More than P1 million is at stake for the winner and a chance to be matched with venture capitalists who might be interested to invest long-term in the business. Aside from the cash prize, the contest also aims to teach participants how to make a good business plan in order to attract capitalists.
October 9, 2006
Nominations are now open for the Entrepreneur of the Year Philippines 2006 Awards. The Entrepreneur of the Year (EOY) Awards is a prestigious annual search started in the US by Ernst & Young in 1986, but has now spread to more than 40 countries in six continents.
The aim of EOY is to identify, acknowledge, and encourage entrepreneurs who, through their energy and passion, help bolster their country's economy, underpin the future, and create wealth and employment for many people.
In the Philippines and in other countries, the program generates hundreds of nominations from outstanding companies year after year. Several business people are recognized in the annual country awards, with the program culminating in the World Entrepreneur Of The Year Awards. The first Philippine Entrepreneur of the Year (2003) was Mr. Tony Tan Caktiong of Jollibee Foods Corporation who went on to win the World Entrepreneur of the Year 2004 Award.