In continuation of my financial education from the famous Robert Kiyosaki, I recently learned about the foundations of a solid business. What does it take for a business to last long? What does it take to build a solid business that is strong enough to survive for at least 50 to 100 years? I would like introduce to you my readers one of the lessons I’ve learned from Robert Kiyosaki and this is about the B-I Triangle. Why did Robert used the triangle to portray the shape of a solid

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As I mentioned to you in my previous post, one of the strategies to get rich mentioned by Robert Kiyosaki is WORK TO LEARN (Strategy No. 2) I know most of us are working nowadays. Most of us start with the E-Employee Quadrant and the main source of our income are our jobs. Robert Kiyosaki suggested that if you are working, you need to be experienced in three essential skills to become financially free. These three skills are LEADERSHIP, MANAGEMENT and SALES AND MARKETING. Let’s discuss

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Sales is the heart of every business. You have to make a sale in order for your business to make profits. You have to do a lot of marketing and advertising in order to generate sales. You have to hire the best sales team under your wing to help you generate revenue for your company. We’ve heard a lot of successful sales agents making millions. They have huge sales incentives, huge sales commissions, etc. They are sales representatives selling real estate properties, insurance policies,

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Christmas is just around the corner. We just started with the month of BERs. And bazaars are definitely in during the Christmas season as a lot of people will buy gifts for their friends and loved ones. Bazaars are one of the ways for entrepreneurs to showcase and market their products and services. If you want to participate in a bazaar, here are some useful tips to engage with your buyers: Flaunt your PR Skills: Talk to your clients. Clients are the lifeblood of any business. There is so

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Are you curious to know who are among the top Philippine companies in 2009? The Wall Street Journal recently conducted a survey of top 200 companies in Asia. Their project started in August 2008 when they compiled a lists of Asian companies traded on stock exchanges. A total of 2,622 executives and professionals participated in the survey. Based on their research, here are some of their findings when it comes to the top companies here in the Philippines: In OVERALL RANK, the country’s

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Sales proposals are very important for an entrepreneur to close a sale with a client. With the vast competition that entrepreneurs have nowadays, how can they write a winning sales proposal to be able to win a deal? A sales proposal is just the first communication that you want to establish with a client. Valuing one’s client should be intrinsic to every entrepreneur for them to become successful. Every entrepreneur should commit themselves in a philosophy of serving, and not merely

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What is an entrepreneur? Who is he or she in our country? Are you an entrepreneur yourself? What are the qualities that makes a person good entrepreneur? Entrepreneurs are of different breed. They belong to a different class of people. They seem to stand out from the crowd. And they walk and talk differently from non-entrepreneurs. I’ve read a research done by the UP Institute of Small Scale Industries that draws a profile of the entrepreneurial class. Based on the study, researchers and

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First of all thank you dear readers. I am happy if I see my visitors increasing each time. It’s worth all the effort in writing articles on a specific niche. I happen to stumble on a blog that talks about which one is better - to invest in stocks or invest in a business? Investing in stocks and starting a business are both risky. You both have to educate and equip yourself with the right skills. You also have to watch both of them. Stock value goes up and down depending on the market

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If you have a business, and then it’s not making much money, what could be the possible reasons why it is doomed to fail? I’ve listed some of the most common reasons why most businesses fail. If you feel that it is happening to you or to your business, you must whip changes to overcome them. Only you can do that. Do not be complacent. Lack of experience by the owner. When you enter a business, be sure that as an owner, you possess the skills and the experience to become an entrepreneur.

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Most of us are employees. We are in the corporate life. We have a boss. We have a definite time of work schedule. We are entitled to wages and other benefits. We love job security. Sometimes, we are called “corporate slaves”. Going from employee to entrepreneur is really a one big leap for you. But this leap is risky. Your guaranteed salary will be cut. What happens if your business did not click? It would be better to anticipate the effects before you go into business. Here are some

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Well, aside from the obvious reason that you need it, whether for capital or other expenses; borrowing money can help you to manage your finances if you know how to leverage debt. That is to know the difference between good debt vs. bad debt. In this article, I will expound more on the idea of debt leveraging by using other people’s money instead of yours. Good debt makes the rich gets richer. There are very few entrepreneurs who did not borrow money to grow their business. If you can

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Do you have a small business? Or planning to start one? Definitely you need to know small business budgeting. A budget can help you manage your business. Just as family units live on a budget, a business must also have a budget. You just can’t live without it. An annual budget serves as a guide and a goal for you as an entrepreneur. With a budget, a business owner can determine where the month-to-month performance is headed. Generally, most small business budgets cover the period of the

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Nowadays, because of the global recession, people opt to cut costs on their marketing expenses. We all know the traditional marketing - television commercials, radio broadcasts, and classified ads in broadsheets. But these traditional forms of marketing are too expensive costing hundreds and millions of pesos. If you are a start up company, then definitely you wouldn’t have the marketing budget to splurge in promoting your products and services. I compiled a list of unique marketing

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More and more companies are declaring Chapter 11 bankruptcy as a result of the global recession and economic slowdown. We have seen huge companies such as Lehman Brothers, Washington Mutual, Nortel Networks, General Motors and other companies succumbing to the effects of the global recession. The latest among the list includes Six Flags declaring bankruptcy. Six Flags is the world’s largest regional theme park company with about 20 theme parks operating across US, Canada and

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