ENTREPRENEURSHIP

I was sitting in the bus this afternoon on my way home when I noticed one lady across me reading something. I not ognorant of seeing somebody reading in the bus. But what was more interesting to see is that she was reading an entrepreneur book or it was a magazine. What was more motivating as I was watching her was the line that says: in times of financial difficulty that the world is experiencing right now, it would be best to try entrepreneurship.

I think that magazine is really a good one to read because of the motivation that it gives to the reader. I think that is right. In times like this, we need to invest. As many loses their jobs because of mass lay-off, entrepreneurship is the best option that we have right now as we face the opportunities ahead of us.

It is very easy to say to engage in entrepreneurship. But the problem is, what type of business are you going to engage? Basically, that is an easy question to answer. What is you passion or thing you like to do? The answer to that question is the best business you can engage to. Let us be business people and not just workers.

DONE CLEANING IN THE STORE

I just got home from the store in the downtown. I cleaned the entire place this afternoon. I swept the floor and dust the windows. I washed the bathroom and the sink. The rooms were clean but I still wiped the dusty windows. It is very dusty and I feel like having colds right now. I have a runny nose and a little starting cough. I guess I am no Ironman now because of what I am feeling. But I am okay. The place still needs to be clean up. By Sunday, I will be bring in the refrigerator for the store and maybe by Sunday also, I will be purchasing the stocks for the store. I am still very busy right now. After cleaning the place, my shirt was very dirty and sweat was all over it. Luckily I broght along with me a shirt that was given to me by my office mate last December. Opening the store give me gitters and scares me alot. I don't know. Maybe this is what they call first timers. But I am very confident that I will be alble to get some market share in the area considering there is a convenience store nearby.

MAY 2009 IS THE START OF BUSINESS

I was supposed to open my little store this month. But I decided to postpone it because I am still looking for the person who will assist me in looking after the daily operation. I have already made all the necessary things to do for the store. I already know where to buy the supplies that I will be selling and the pricing is also is already completed. I am planning to selling also liquors and cigarettes because these are fast moving items in all stores. In terms of competition, there is one store that I cosidered my model store. It is the convenience store across the street. it is open 24 hours and sells items higher than the market value. I am planning to compete with their pricing. A mark-up of 10-15 percent will be enough to compete with the convenience store. I am also planning to create a scheme where the drivers in the vicinity will also generate income. I am very much excited about this business venture that I am goiung to enter. Working is not enough nowadays. We have to be wise and start our own business. I don't want to see myself retiring from work at 60 years old. I want to be the boss in my own business world.

MY SISTER'S NEW BUSINESS VENTURE

After being separated from the company where she worked for 8 years, my sister in law decided to venture into business. I think that is a very good idea right now. She plans to open a small business office where anybody can do fax, call, photocopy and do other things. This kind of business would require huge capital. it is because it involves machines and considering the rent of the space where the business will operate. But I know it is a good idea. She is still planning to pursue the business. I know this will be a big success in the future. Expect less in the first few months. But the customers already know the place, it will be a big success.

WELCOME TO THE WORLD OF BUSINESS MANAGEMENT

Nowadays, many young people are venturing into the business world. It is because of the opportunity to make more rather than to just wait for the 15 and 30 salary days. Aside from that, it is also a great opportunity to practice what they have learned in school and that is business management. There are many great ideas that can be an origin of business. Ideas is the source of everything. For those who are eager to start a business, I guess you must start small. But it does not mean that your business will remain small forever. Think of building a business empire and a dynasty for the coming years. Many businesses right now are considered as small-medium enterprises. I was reading a book about entrepreneurship the other day. I find the book very interesting and worth reading. it talks about how to start a business. If I were a teacher, I would definitely infuse the book in my teachings. Many are called to start a business but the problem is when to start. But actually, that is really not a problem. The book that I was reading gave the answer to that question and the answer is now. Strike the iron when it is still hot. Because you will be able to mold something out from the hot still. This principle as applies to business engagement. Do it now or nothing at all.

COMPUTER STATIONS READY FOR BUSINESS

By next week, we will be operating our computer shop, PESO style. Instead of the regular flat rate of 10 pesos per hour, we made it peso per 4 minutes. This means that we charge gamers with 15 pesos per 4 minutes. We will start with 10 units. Actually, my friend Noli had already contacted the supplier of the computers and the one who will construct the table for the units. The network connection will will be handled by an independent person and the software also. We hope to start by May 2009.

50 YEARS OF SUCCESS

The company, where I am working right now, will be celebrating it's 50 years in business this coming May 9. According to our HR, there will be a basketball tournament. I remembered last December when me and my office buddies organized the first basketball tournament of our company. It was a great success. I hope our HR officer can match that success. Aside from the basketball tournament, there will also be a big feast and that means eating and eating till you drop. By next week there will be corporate giveaways again and there might be bonuses, fingers crossed. A business to exist 50 years is something to be proud of. Other businesses would barely reach its second year before closing. I wish the company more years to come and hope for another 50 years ahead.