Tony Tan Caktiong’s Jollibee has been one of the most admired, most copied, most innovative and most professionally-run company here in the Philippines. It has been the number one fastfood chain overtaking giants such as Mc Donalds and Kentucky Fried Chicken or KFC. How did a local jolly red bee knocked down a multinational red-haired clown named Ronald? Let’s see another inspiring story of the founder of one of my ideal businesses. With its success, a Jollibee franchise has now a

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This is my first networth update for the start of this year of the Ox. Kong Hei Fat Choi to all my readers especially to my avid readers. Happy Chinese New Year to all! Among my readers, there were two that stood out. Thanks to someone from Brampton Ontario Canada who visits my page everyday and had a total of 62 returning visits. And also to someone living in Dubai United Arab Emirates who also visits my site often having a total of 23 returning visits. And to all other readers, thanks for

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Nowadays, we often hear a lot going bankrupt. There are a lot of individuals and private citizens that went bankrupt. Their house were foreclosed. Their private possessions were ripped off from them. There are a lot of companies going bankrupt with even the most established companies such as Washinton Mutual, Lehman Brothers, etc. But have you heard of a country going bankrupt? Yes, you heard it right. Iceland is in the brink of bankruptcy. Now, it really is a problem. Here is a series of

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The world is experiencing one of the worst global financial crisis. As I wrote on one of my previous articles, the main culprit in today’s global recession are the subprime mortgages that originated from risky investments of investment banks. Because of these global recession, there are a lot of companies cutting costs by cutting jobs. These job cuts and job losses were implemented because of slow demand for company’s products and therefore less profits. With less profits and

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I would start featuring reader emails to me that deserves to be featured so that other readers will benefit from it also. For readers, if you have questions, you can leave a comment in any of the articles or you can directly email me. I will try my best to answer your queries as much as I can. In that way, there would be more interaction between me and my readers. This would be the first set of emails that I received from 3 of my readers. I am happy that this blog is increasing its reach and

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You might be saying, who is “Roselle Ambubuyog”? I’ve never heard of her. Or probably, you might heard about her in the past but forgotten about it. I remembered I watched the talk show program of Dina Bonnevie before when her guest was no other than the inspiring “Roselle Ambubuyog”. She was very inspiring that my spirits were uplifted when I heard her talk. If you don’t know her, she is very famous in our school before because she was the very first blind

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We all know that an added education such as an MBA degree would definitely add our knowledge when it comes in handling business and in becoming successful entrepreneurs. But with the high costs and the time it entails in taking an MBA course, many of us are discouraged to take one. Well, good news because there are a lot of persons who made successful in the business as entrepreneurs even though they don’t have an MBA degree and in some other cases, not even having a college diploma to

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Today, I’m now going to feature the life story of the richest man in the Philippines. He is no other than Henry Sy, the retail magnate who owns all established 33 SM Malls and also a banking magnate who owns Banco De Oro-EPCI Bank and majority share in China Bank. This is another inspiring story as we witness his rags to riches story on how he built all SM Malls and became one of the biggest bankers enabling him to become the richest man in our country surpassing both Lucio Tan and

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It has been 2 months now since I first updated my portfolio of investments last November 2008. I’ve been recently updating myself with regards to the Stimulus Plan being implemented by the US Government to combat the effects of one of the worst financial crisis of all time and to bring the whole economy back to its “normal” operations. The Government plans to “pump prime” the economy to boost consumer confidence so that businesses will benefit from it. The plan

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As I continue my financial education, yesterday I first played the Cashflow 101 E-Game. I never played the actual cashflow game yet but thanks to a college friend who gave me a copy of the cashflow 101 e-game. I can definitely say that it’s one of the best games to play when you want to increase your financial literacy. Basically, there are two tracks of the game: The Rat Race and The Fast Track. The rate race is simply for the average person while the fast track is for rich

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I’ve been spending my time lately really educating myself on financial literacy. I admit my job has been so boring and not challenging so instead of killing myself to boredom, I’ve been using my additional time efficiently and effectively by adding additional knowledge on my financial education. In addition to my article, “what’s makes rich gets richer?” I’ve recently watched a video of Robert G. Allen, the author of the best selling books Nothing Down and Creating Wealth as he

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After reading Adam Khoo’s “Million Dollar Interview“, I was really motivated to be the best that I can be. If you don’t know, Adam Khoo is the youngest millionaire in Singapore at the age of 26. In this ebook, he told how he did to become the youngest millionaire in Singapore at the very young age of 26 and now a multi-millionaire owning 3 businesses that rakes in $20 Million in profits yearly.   Some of the outstanding views with regards to his principles are the

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I am a firm believer of the Law of Attraction. It is really indeed the most powerful law in the universe. Just a few weeks ago, I was able to watch the movie “The Secret” in which the Law of Attraction was unveiled. Thanks to Richard, one of my avid readers, who gave a burned copy of it. It was such a wonderful and inspiring movie as “The Secret” was revealed.     While I was watching the movie, I was motivated to follow one of the testimonies of the speaker. He

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The Rule of 72 is a formula used in finance particularly in investments. This is a general rule that answers the question: ”How many years will it take to double your money?” You don’t have to make difficult calculations as this rule makes it easy for you to calculate. Depending on the given rate of interest, you can probably evaluate it mentally in your head. Let’s see the following examples to determine how it works:   In how many years can you double your money

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