Opportunities are everywhere and often times disguised as a "Hardwork." Many Filipinos are job or employee mindset and few courageous individuals have the entrepreneurial mindset. The best business today was still the best business in the late 80's and 90's. Research very well the business strategies for you to grow as a business person to exercise your mind in doing more and less. Why less? because when business grows, the opportunity to retire or relax will be sooner since money grows on its own by a cycle of in and out. It is like the infinite logo ∞ , it is like a number 8 positioned horizontally. Think of the needs you need and that would be the perfect opportunity to bargain or sell to consumers like us.
"People wants buy but they don't like offers most often." This is a reality for all of us, it is an instinct of men to refuse a promotion. People likes to search on their own and decide for themselves. This is where stores come in hand to literally let the buyers decide for themselves and it is up to the business owner how to attract these customers.
Why is it Important to put up a Business?
You and I grow old right? When you have a job, you are working for someone else's dream. A dream to buy the needs and the wants. These can clothes, car, beautiful house and more. An employee must have a thinking of his own to spend money for assets to prosper in time just like the boss he is serving right now. Another thing is, an employed person cannot pass his job to the other member of the family as a heritage. Do not serve for to long that you might forget your own needs and dreams. Business is the only way to have more and make money earn money.
The price of an asset is sometimes expensive. Why? because this was a result of a hard work that might took a long process before it is a product in front of you right now. Let's say perhaps a franchise system, there are a lot of things that needs to fix and to study before the product becomes a legal franchising asset.
Some of the process includes:
The product itself
recipe; for food franchise
*We don't need to get into the details since these topic are best learn through experience.
The importance of hard work
90% of lotto winners became broke for a couple of years, a rich kid who does not know hard work also became broke after some time. These are few of the reasons why a diligent work is an important aspect of any business or company start ups. Hard work adds affection, concern and will to continue through thick and thin. It is also considered as the best teacher in the business world.
Where does an entrepreneur get their capital for funding?
The main factor in acquiring a capital for funding is strategy and having an open mind. You must help the rich for you to have a piece of the pie and that is the reality. Some people do part time sales, jobs and commission based jobs. All of these are owned by a company and you must help them to be able to help yourself as long as you spend the money wisely. Be a goal setter to have an asset. Undercapitalized individuals with a brilliant idea can make money by attracting investors to fund for them and for that brilliant idea, they earn money and later can stand on their own feet.
If you are still in struggle today, that is normal and carry on. If you did not came from a rich family that is okay go on. Yes you are learning the hard way and you must be wise in handling money. Abstain from no incentive expenditures if your finances are still thin. Do not spend more than what you get and that is most important thing for a start up entrepreneur before a new career or business opportunity is born.