starting a biz with nothing

[lorenzoleo]

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naa ko plan mo sulod sa financial industry.. but dugay pa.. ako plan kay maghimo ko rutal bank nga mo provide ana nga mga services, basically a one stop shop jud.... mas dako jud kita kung ikaw mismo tag-iya sa companya..

before ana, mosulod na cguro ko sa real estate development.. instead of being a broker lang, mas dako jud earnings if ikaw jud service provider..

as of now, naghinay2x pa ko study sa construction.. mo sulod ko dire maybe mga next year. hehe

mo invest ko kung aha ko mka kwarta.. pero sa ako observation. naa jud sa manufacturing pina ka dako earnings.. i carefully study maslow's heirachy of needs

i dont think im dedicating myself to a single field.. where there is money to be made, im there..

I think naa ni sa among training sa IMG about anang Maslow's Hierarchy of Needs

1.) Physiological Needs
2.) Saftey Needs
3.) Social Needs
4.) Esteem Needs
5.) Self - Actualization

Gamit kaayo ni kung mu close kag deal. Pangitaon nimu iyang weak point ug hot button unya mao to imung permi pisliton. Everytime you negotiate you will use psychology. Gamit kaayo ning maka exprience ta ug ingani kay kung naa gani mu deal nimu, makahibaw naka kung na ngilad ra ba imung ka deal or tinuod jud siya sa iyang gi deal.

Mao ng ganahan kaayo ko aning companyaha kay bisan unsa imung background, bisan wala pa ka kahuman ug eskwela recruiton gihapon ka kay total kung cge kag attend sa mga lessons ug trainings, makatonana raman nimu ang professionalism, wala discrimination kung unsa pa na imung estado. Mas mu saludo pa ko atong tao na wala kahuman ug eskwela pero professional ug attitude kay sa tao naka human ug eskwela ug naay title unya dili professional ang pamatasan ug mapagmahitason.

[lordoking]

cool...nice strategy

[AmorsoloX]

Eleven Easy Ways to Destroy Your Company

by Jay Goltz
Thursday, October 29, 2009
provided by



Businesses make hundreds or thousands of decisions every year, many of which seem inconsequential. But the smallest details can have business-changing or even business-ending consequences. Here are 11 of my favorites to watch out for:


1. The lowly extension cord. People get cold feet. They get a space heater. They plug it into a two-pronged extension cord. They forget to unplug it when they leave work. That night, while you are sleeping, your entire business burns down. Your brilliant marketing plan, your three-year projections, all of your records, your new product samples.. You get the idea. This is not something that most business owners think about, but insurance companies know that extension cords and space heaters are major fire hazards. It is good practice not to allow any extension cords in your business that aren't three-pronged.

2. Bad receivables. Let's assume that you are using good judgment as to which customers get credit and how much. Even so, it is very easy to get into a business-life-threatening situation because of a big customer that goes broke. Months before the bankruptcy filing, the following statements will be made to you: "I'm not going anywhere. We've been short on cash before, and we always come out of it. You have my personal word." And you will respond: "We've been doing business together for 30 years. I'm not worried about it." Bad things happen to good people. Good and honest intentions do not always result in getting paid. It is very painful and difficult to cut off an old customer, especially when you need the business. But many companies go broke because of bad receivables.


3. Interviewing. It is both art and science. Like a bad science experiment, it can cause explosions. Having someone who hasn't been properly trained interview prospective employees is a recipe for disaster. There are many questions that you cannot ask without risking a nasty lawsuit that will cost plenty of time and money.


4. Hiring without doing background checks. There are some bad people out there looking for jobs. Even with a background check, there is no guarantee that you won't have a problem, but it will certainly improve the odds.

5. Vehicles. They are rolling liabilities. Allowing someone who is not insured properly through the company to drive one can have disastrous results if there is an accident. You will be seen as having "deep pockets" -- even if your pockets are empty.


6. Vehicles, again! With the demise of the full-service gas station and longer intervals between oil changes, many people are driving around on under-inflated tires, which are much less noticeable since the advent of the radial tire. Under-inflated tires are more likely to cause a blowout, which can result in very bad things. We check all of our vehicles once a month.
7. And again! Texting while driving is the new drunk driving. Do not allow it.


8. Insurance. I asked my insurance broker what the three biggest small-business insurance failings were. His response: 1) understating insurance to value; 2) not having employment-practices insurance; 3) not having business-income replacement coverage to replace lost revenue until the company is up and running again. It is no secret that the insurance companies are in a much bigger hurry to settle a claim when they are paying out money every week to replace that income.


9. The wrong accountant. Many accountants just do tax returns and are not qualified to act as an outside voice and keep an eye on the health of the company. I have seen more than one company fail because the owners didn't know what they didn't know.


10. Bad controls. Many companies have gone broke because of theft or embezzlement. Your accountant should help you set up these systems.


11. Bad company policies. I was just in a spa. There was a sign posted that said that tips must be paid in cash. I asked why. (Apparently, they get asked about this a lot.) The receptionist explained that the employees didn't necessarily claim all of the tips and the company did, so there could be a discrepancy if either got audited. Not a great story. I am sure that some customers -- 5 percent? 20 percent? -- will either find it inconvenient to use cash or will resent supporting tax evasion. If I am right and they lose customers, the spa will undoubtedly blame the losses on competition or the economy.


nindut ni nga post.. para naa insights on how not to ruin a biz..

[trazcer]

Good job on encouraging people to start businesses out of nothing (money wise). I think money is the major reason why a lot of people find it hard to start their own business. They are too focused on their disability instead of their possibility.

Basta guys, ayaw kahadlok pag take ug risk. There will always be risk. Pero if you do your homework lang regarding your business, you'll have a good chance of success.

"Don't think that it won't work. Think that you will make it work." - T. Harv Eker

[AmorsoloX]

up lang nako ni nga thread..

id also suggest this site..

one red paperclip

para ni sa mga tao nga gusto ma inspire in starting with nothing..

dont start being wiseguys on me.. look at the essence not the small detail..

sa succedding comments ani, i can tell kinsa businessman material and kinsa employee mentality...

------------------------------------------------------------------------------------


the question is not "will it work or not?".. the question should be "how will I make it work?"...

"do or do not.. there is no try" - yoda

[charliego23]

the question is not "will it work or not?".. the question should be "how will I make it work?"...

"do or do not.. there is no try" - yoda

nindut ni cya nga quote sir amorsolo.. hehe

[Meebo]

sir, atong ibutang na wa koi connections, i dont have rich friends, me and my friends just to tend to plan a lot. but we never really get to execute the plan. I dont know the first thing about business, and i dont have a thick face.. i really intend to have one though. basically, sturya ra ko ku2b. sa pagbasa nimo ani na post, negative na gani kaau.. i have to lose this negativity, i keep on telling myself, but i cant. mu creep ra xa balik. lol. nagtry bya ko save para maka business.. naa nako gmay. but i dunno where to start. start small they say.. how small and will it work? (again with the negativity.. eheh) and then again with the connections and the market.. shheeesshh.. please. knock some sense into my head. ayaw sad ko kasab.i.. hehehe.

[AmorsoloX]

sir, atong ibutang na wa koi connections, i dont have rich friends, me and my friends just to tend to plan a lot. but we never really get to execute the plan. I dont know the first thing about business, and i dont have a thick face.. i really intend to have one though. basically, sturya ra ko ku2b. sa pagbasa nimo ani na post, negative na gani kaau.. i have to lose this negativity, i keep on telling myself, but i cant. mu creep ra xa balik. lol. nagtry bya ko save para maka business.. naa nako gmay. but i dunno where to start. start small they say.. how small and will it work? (again with the negativity.. eheh) and then again with the connections and the market.. shheeesshh.. please. knock some sense into my head. ayaw sad ko kasab.i.. hehehe.

if you think yourself as a failure.. then you already failed... if magstart ka karon, with that negative attitude, your doomed to fail already..

may i ask what imu job karon?

gaan tika exercise... go on a weeklong vacation, anywhere.. bring no celphones, dont log-in to the net, with no companion.. kanang place nga wala ka kaila... chances are youll go crazy by the 3rd day, trust me.. by the fourth day, magic happens.. youll learn to make new friends, explore your surroundings in detail.. youll begin to notice things that your arent able to notice before..

kung wala ka connections, make some.. kanang thick face, you gain it thru practice.. gusto ka mka learn ani? go to clubs and party, try to "meet" new people.. if your a guy, try meeting a chick.. dont expect youll succeed first, if you do.. wow.., expect to be successful after a few visits to the club.. practice makes perfect..

there is nobody here who can train you.. i cant train you, nobody else can, ang uban mobayad pa gani para sa training but all they get are advices, but i can only give you advice (yes, im not offering you, im giving you).. what you need is self-decipline to train yourself... go to clubs to practice having a thick face.. and while trying to approach someone of the opposite gender, try to do it with no help from alcohol.. (this is easy for women since women man doulon sa men, thats why women make good salespeople, yes naa gender bias dire, naa jud advantage women)..

kanindot sa bar kay one.. you get to practice thick face.. two, you get to practice making strategies to get someone you like, three, you get ro practice salestalk, or basically talking to strangers.. hehehe.. there is no better training ground than here for such exercises.. hehehe..
(kung diha sa cebu, i would advise vudu, formo, or casanova, sophisticated man gud mga tao compare sa juliana or sa paseo before, wala to challenge didtu..)

[lorenzoleo]

if you think yourself as a failure.. then you already failed... if magstart ka karon, with that negative attitude, your doomed to fail already..

may i ask what imu job karon?

gaan tika exercise... go on a weeklong vacation, anywhere.. bring no celphones, dont log-in to the net, with no companion.. kanang place nga wala ka kaila... chances are youll go crazy by the 3rd day, trust me.. by the fourth day, magic happens.. youll learn to make new friends, explore your surroundings in detail.. youll begin to notice things that your arent able to notice before..

kung wala ka connections, make some.. kanang thick face, you gain it thru practice.. gusto ka mka learn ani? go to clubs and party, try to "meet" new people.. if your a guy, try meeting a chick.. dont expect youll succeed first, if you do.. wow.., expect to be successful after a few visits to the club.. practice makes perfect..

there is nobody here who can train you.. i cant train you, nobody else can, ang uban mobayad pa gani para sa training but all they get are advices, but i can only give you advice (yes, im not offering you, im giving you).. what you need is self-decipline to train yourself... go to clubs to practice having a thick face.. and while trying to approach someone of the opposite gender, try to do it with no help from alcohol.. (this is easy for women since women man doulon sa men, thats why women make good salespeople, yes naa gender bias dire, naa jud advantage women)..

kanindot sa bar kay one.. you get to practice thick face.. two, you get to practice making strategies to get someone you like, three, you get ro practice salestalk, or basically talking to strangers.. hehehe.. there is no better training ground than here for such exercises.. hehehe..
(kung diha sa cebu, i would advise vudu, formo, or casanova, sophisticated man gud mga tao compare sa juliana or sa paseo before, wala to challenge didtu..)

T_T! Small capital but person to person skill can make you big.

[Meebo]

haha, paeta.. sales man ako job. callcenter. hahahahahaha.. how f-ing retarded. naa na ta ko thick face daan considering na sales ko. lol. btaw. im working on it. thanks. and i cant go to clubs na. im married at a very young age.. thank you sir. ill take your advice.