In this episode, you’ll learn…
- Why some succeed in business while most fail.
- The questions to ask yourself before you choose what business to start.
- How to choose and start a business if you’re an OFW.
- A smarter way to start a business and not risking all your savings.
And more start business tips.
Click here or click the play button below to listen.
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I need your advise.
Hi im a mother of 3. Im now 38 yrs old. No job but i always thinking of having a bussiness so that my ofw husband can back home and run bussiness with me instead. but still undecided whats bussiness is appropriate for me? Hope you can help me. Thanks and God bless!
Baka makatulong ako. What’s the problem?
hello sir
I am an ofw. ayoko na bumalik dito ang hirap ng buhay. di naman din sapat ang kinikita ko. ano po kaya ang pwede ko umpisahanh negosyo sa 10k na puhunan. need help po salamat.
Hi Jon,
Can I ask for advise?
Im a believer of entrepreneurship, I have done some reflections on my passion, what I’m good at and what problem/service to solve and I knew I wanted to set up my own Kumon center. I’ve done some pre-leg work, I passed the exams and interview already, and to open up the center by Feb’13 the next step is to attend several trainings in the coming weeks. But these are all weekdays and would interfere with my work. I am confused and torn as to whether I should consider quitting work already so I can focus on setting up my business. I understand you promote sideline business and grow it first before quitting work. I am currently earning P50k net, i have a car plan with the company and would most likely get a good bonus by Feb’13 and a good salary increase by next year. Which makes deciding even harder! Should I forego Kumon for now? If i dont continue my application, the next batch of trainings will be for a June’13 center opening. But that would be dependent on Kumon whether they would accept me for the next batch. They’re a bit strict with their franchisors, maybe to weed out those that are not so serious about it. Please help. Hope you could part some advise. Thanks. Sandy.
Hi Sandy.
First, I’m pro “part-time” and not “sideline”. Part-timers are people like you who are serious in building a business than just quick one-time income.
Consider all other possibilities on how you can attend those trainings. Maybe you can talk to your boss if there’s a possibility for you to work on week-ends or late night.
Or if you need to pay extra, maybe you can have a special training on weekend from Kumon.
Talk to your boss and to franchisor for any possibility. I believe if you can sincerely show to your franchisor that you’re serious about their business, explain to them your situation, they may come up with a better option.
Or maybe you can ask one of your employee to attend the seminar. I don’t know BUT find a way. There’s always a way.
Again, don’t quit your job. Use your salary as a safety net. Build a business where you can scale it so it won’t be dependent too much on you.
Wish you the best!
Oops, my apologies. I really meant part time, I must be really confused!
Actually the Kumon franchise entails that the franchisee is hands on full. Quitting the job is the first question they ask in the first meeting. But I did not know that I need to quit even before I get approved (so I can attend the weekday trainings)
Anyway, I agree with you I think I still need my job as a safety net. If I can’t start the Kumon now, I would have to rethink of another part time that suits me, something I can build and scale even if I keep my job.
Again, thanks Jon!
No problem. Frankly, I prefer that people start their own business and not buy any franchise. I’ll probably do a podcast why I prefer to be independent business owner.
Hi Jon!
Your episodes are very inspiring. Today our world has different businesses that were established already. And I believed it’s hard to compete especially those big capitalist. Though I agree with you that starting a business needs a lot of thinking … exploring all possibilities (of course more of the positive rather than the negative!). In short competition is very stiff. I want to pursue a food business to cater both worlds (maybe A,B,C market). What is the best mix?
Thank you and more power!
God Bless.
Sincerely,
Fe
Hi Fe.
You can’t cater to everybody. If you’ll study successful businesses, they don’t cater to everyone. Starbucks for example is not really for the masses.
Jollibee on the other hand is serving the masses.
You choose which market you serve then design whatever that market needs. How would you know what they want? Ask them. Survey them.
Don’t create or sell products because that’s what you want to sell. BIG MISTAKE. Sell products what your market wants to buy.
Hello Jon,
I already have started a small time financing business a.k.a bumbay pilipino style, then i came across your eskapo-logy.
Well it kinda struck me in the heart. I am an employee for the longest time…so the financing business was borne out of boredom as my employment has eaten the best of me.
Having seen the Sandy syndrome above and the advise you gave, i should have felt satisfaction. But it aint the case, i just feel something is missing in my particular case.
The financing business is still not making more than my salary, but a compelling feeling of getting out of employment is teasing me constantly.
Torn between leaving a comfort zone or not, please i do need advice.
Hi Joseph.
I’ve been in your situation. You said “something is missing” and you are not sure about that.
That can be satisfaction, fulfillment, security, etc. What I teach my students is to have a clarity of what they want to achieve.
You’ll run in circles unless you are clear of your goals. Keep listening to my future podcast and I may discuss some of these things.
Hi I am a mother of one child , we all know that its hard to find job for now and my worried is I am still healing my wounds due to ectopic pregnancy that’s why I’m thinking for another way to find for “pagkakakitaan”. I am confuse if what business to start,then when I’m using a phone i notice something its deals with online shop. Maybe I can start it in a single or simple online shop deals with bag’s, shoes, accessories and clothes. Its not hard because I’m just using smartphone for this and for Item maybe I got from Bazaar and Malls. Its negotiate with a online client. I know its not hard for me , about financial I thought its not take more money.. My worried is its applicable today or It will take for a start for me..Please Sir give me advised hope you read it..
Hi Jon,
Would like to ask if water refilling station is a good business?
I used to work as an overseas, but sad to say I was included during retrenchment. Luckily I was able to save a little amount of my salary. Am asking your help on what to do or what good business can I start? A capital of 50k pesos for a business. Hope to hear from you.
Thanks a lot and God bless,
Jhudiel
sir jon,
i,m planning to franchise a tricycle business but i don’t have enough knowledge with it. Is it ok to give some good advice whether it is the best business or else. My skills is far behind i repair small appliances like refrigerator,aircon, electricfans im not so very good technician because sometimes i have backjobs with my jobs mostly in refrigerator job, most of my income are gone if the trouble is not fix. I’m tired that’s why i think of other income to suits my needs. pls. help
Hi Jon,
First of all, thank you for your effort on helping aspiring entrepreneur like me, it is of great pleasure that somebody is there to help/support us. I am 34 now, a former OFW who now settles for good here in the Philippines. I have been in 2 businesses before the Typhoon Hiayan strucks us here in Tacloban city. All my investments were gone, in fact I lose all my “Ipon” because of the typhoon but were still lucky we survived that’s the most important thing.
After 8 months of Yolanda’s devastation, I thought to myself I need to come back.. I want to put business again, but what I am worried now is that how can I come back if I don’t have resources now? I have small amount in the pocket, I am thinking of putting a water station again but the money I have is not enough to start again. It will be a pleasure if you can advise me what should I do next to stand up again as a Yolanda victim.
Thank you very much!
Be resourceful. Maraming tao dyan ang may pera and they’re looking where to invest.
If you can come up with a good idea, you’ll get investor.
Hi Jon.
May i ask for some advise? I’m OFW and my time is fast consuming because im in my prime now. Sooner or later, i will go back to Manila and i dont want to be enslaved again. Now, before i go home i want to have a passive income. Im not so good in computer and surfing. But your e-book business caught my attention. I want to learn more about it. But im so blur on how and where to start. Though im always reading your emails to me. Im not so sure how to start. Maybe i will write some topics and then show them to you. How will i post them? So that people will see and buy them. Please, wla akong idea tlga. Zero ako pgdating s internet. Please advise me. Thank you.
Hi Jon,
It’s me again. I think I just need coaching and guidance. I have already what you said here but I of course would like to eliminate guesswork so I can move towards my own business soon :). Thank you very much.
I’ll release my coaching program soon. I’ll announce it once it is ready. I wish you the best.
Hi Jon, i have been following you for sometime now and i appreciate it that you have been able to point out the “pain spot” of most entrepreneurs. I have already established some confidence in my part time job and I have already identified my “ideal client”. My question now is how to go about looking for them. I discovered my by accident and i don’t know how to go about replicating the situation.
hi jon, is direct selling a good business?
Hi Jon,
I would love to attend free training on how to start an online business if you have.
Thanks,
Pachie
Hi Jon,
My name is Joan and I ve been constanty receiving and reading your emails. I find them helpful especially now that my husband and I are planning to start up on a business but not sure how to. Please include my husband’s email on your subscription list because I believe it would be of
big help to him. As of the moment he is working as a seafarer but wanting to start a business. Above is my husband’s email address. Thanks
Glad to hear that. Please ask your husband to visit my site and enter his email. Go to http://www.NegosyoUniversity.com
Hi jon,i want extra income too.I”m a full time house wife of my OFW husband,i have 3 kids in college,we need additional income,please help me how to join your part- time business job. Thank you.
Watch out for my email, I’ll release free training on how to start an online business.
hi sir Jon, hope that you can include me on your list of email regarding with your free training in starting an online business, I just quit my job here in cavite because I’m going to move in Taytay where my husband lives. Actually our plan A for me is to look for a new job around Taytay and nearby cities so that I can still support my mom and younger sister here in cavite. But unexpected things happened, I’m 2 months pregnant and my worry is if I still be hired when I apply for a job plus I need to take good care of myself because of my baby. So plan B for me is try to maximize the use of internet which is available at my husbands home … I’m also planning to try real estate selling using the internet.
Hope that my request be granted thank you.
Pano yan, mahigit 1 year nalang im availing the early retirement program sa work ko. Then whatever na makukuha ko yun gagamitin ko to open up a business of my own. So i need to stay pa sa work ko for now….
which do you think is preferable , build a traditional business or join a network marketing company
hi Mr.Jon
Is it ideal to Franchise a Foodcart business now, want to have my own business and totally leaving a job in a corporate world..
Hi Jon.
First, I wanna thank you. I’ve learned a lot just ny reading you emails. I gives me hope and make me realize na it’s possible. Kaya lang, I’m too afraid to leave my job. I have a family and I need to earn. I can’t take the risk na magresign to start my own business. And also, is there really a home business? Yung sa internet lang? Please help me. I wanna wuit my job and spend more time with my family.
Thank you in advance.
Respectfuly,
Jigs
hi jon,
im an electrician on board a vessel for 23 years now, i do trouble shooting, installation, im 55 yrs old and i want to start a business,
anong negosyo ang mai papayo mo sa akin,
maraming salamat,
God bless
sir,
As of now i was a contract workers and i need an advice on how can i start my own bussiness. I’m electrical engr. and may plan is to retired as a contract workers. Need help
Hi Jon,
I’ve read your eskapology about cautious entreprenuer It’s good to hear from you all about things to start a business. I have a small sari-sari store and I want it to be a wholesale grocery store. What is the best strategy on this. It was located at our subdivision only, I have only small capital and I have no fixed job at all.
Right now I am on vacation as a seafarers…what you have suggested in starting a business is a challenge to me…starting a part time business and not leaving your full time job….how can you come about regarding my case as a contractual Filipino seafarers who usually stays at sea for 10 months and doing a part time business as well,…do you have any ideas?
Hi Jon, seeking your advice, I’m a presently contractual employee from one of the largest company here in the Philippines (aka under agency) with no clear view specially from the salary I am getting from my employer, also very far from my residence (it take 2 1/2 to 3 hrs papunta & 3 hrs pauwe, heavy traffic I am conquering daily that make me stress), I am a former OFW but failed to succeed because of the type of employers I got. I have a skill & experience that I know I can use, and I have motivation that push me to start our own business, but the problem is;
1. What type of business should we start? and when?
2. I don’t have the money, I just have my 15/ 30 salary (aka Php 20k Gross- Tax-etc, etc), net Income nothing, after paying all our house bills (nangungupahan lang kami ng bahay) & house needs (food, baon ng anak ko, baon ko 3k per month na anu pa matitira?, ilaw, tubig, gasul, pagkain, etc, etc.)
3. I have my experience that I want to use, but no capital and fearing “world of business”, I had no business skill.
4. Need stable income, but I have only my present job (aka. “pinagtyatyagaan dahil sa sweldo”, but wan’t to quit coz’ of habitual tardiness because of “heavy traffic” that coz’ me stress, and di ko gusto ang work ko, but pinagtyatyagaan ko kasi pamilyado ako, not in the line of my skill kaya wala ako gana..pero kaya ko ang trabaho, kaso sa araw araw pagod ako, stress dahil sa byahe at tanikalang traffic, kulang sa tulog, 4hrs per night lang tinutulog ko, mahaba pa ang oras ng byahe ko sa tulog ko, kaya nawawalan na ako ng gana sa trabaho, kaya gusto ko na lang magnegosyo, kaso walang pera pampuhunan.
5. I have supervisory & little managerial skills that I want to use for.
6. I have experience in contracting a large projects, but only the capitalist earned (aka. sya lang ang nakikinabang, he is just using me.)
7. I want to pursue my career as I am the owner.
8. Me and my wife have the passion in catering business (aka we have the skill, but no money).
9. I want to use my experience as a contractor according to my skills and education, but I have no capital.
10. Finally, we want to continue our passion in when, how and what business to start for us to escape from our chain to succeed our future.
Please advice, hoping you to read my post and send feedback soonest.
Hello Jon,
I subscribed to your email regarding producing ebooks. I received a few and then it suddenly stopped. I wonder what happened to it? Would love to get to know more about this.
Thanks a lot and God bless!
Hello sir Jon,
I’ve been following you for quite sometime already. And I just listened to this podcast, I am not sure if this is the sign that I’ve been waiting for.
I started my training, counseling and review center for Psychology Board exam one year ago. My center is starting slow and steady. I may say for a year, I haven’t earned a lot yet but was able to pay my part-time staff’s salary, the rent and other expenses. As of now, we have used the power of the social media to encourage reviewees who can enroll in our review program, even went to different parts of Luzon to submit proposals. We are starting our review session soon but we have few enrollees only.
And now there’s an opportunity waiting for us, just few days ago, an online review and educational website proposed a collaboration, we will facilitate review on his website but all the works shall be done by our team, from uploading of materials to online and live discussion. I was about to say yes coz this will expand our market with minimal expense like travelling, additional rent and all. But my husband would not want me to collaborate with his fear that all things we upload can be taken and used by other people. My point on this is that all materials can be taken from Internet now adays, everything’s in the Internet now, but the passion and skills we have as instructors are something they cannot take from us.
By the way, my husband is an OFW also. One of the reason why I put up this business is because I wanted him to go home when the business is profitable already. I chose this business because this is my passion, I have the skills, and education in line with this (as I finished masters in Psychology) . And as I listen to this podcast now, I was struck by your last point of ‘once in a lifetime ‘. I’m not sure if this collaboration being offered is something that answer this once in a lifetime. Currently we don’t have resources to put up our own website to facilitate the online review, but I just wanted to expand our market at a minimal cost.
I hope with all these messages and post here, u have time to notice mine as I’ve been thinking (and torn) about this for days already. I need to make decisions that is good for our business.
Thank you in advance and God bless you more.
Cherrie
Hello po sir
I would like to have a business,but the problem I don’t have money to putting up the capital,I don’t have job as of now,I’m 38 y.o. Gusto ko po sana mgbusiness.ano po dapat po again?
dear sir jon,
ok po ang iyong business strategies pero gustohin ko sumali sa inyo kaya lang magten (10) years na walang trabaho ako ay may edad na 55yrs old nasa bahay at church lang ako na walang income ng mabasa ko ang iyong mga email na ipinapadala sa aking email ay nagkaroon ako ng idea pero di ako makapagsimula kasi wala naman financial at may asawa naman ako ay nagkaroon cya ng bukol sa leeg. kaya nagbabasakali ako na makahingi ng tulong sa iyo. kung ok sa lang inyo. salamat at god bless sa inyo po.
thanks
nelson
Hi im a mother of 3. Im now 28 yrs old. house wafe but i always thinking of having a bussiness on motor cycle on my husband sarile po nmen yun asawa ko po ang Driver ng tricycle guto ko po sana dagdagan pa po ng isa tricycle kahit isa lang po ? Hope you can help me. Thanks and God bless!
I need to know how to quit my job regarding your aspiring business to help us to have financially knowledge about your business proposal.
Sir Jon im a Call Center agent that wants to retire and have a business of my own, right now what i earn is what i have, right, no savings at all. I want to change things and i need to know what is the best alterntive for me. As of now all i can do best is to cook, is there a way that i can start up something using a small capital?? please help me Sir Jon.
Hi sir jon my skills is cooking, i want to start a business about pastry pruduct.but i dont how to market.tnx and God Bless.
I don’t have any particular problem at this time. Only TIME. I cannot control TIME. especially when I don’t have the MONEY but the t i m e is not mine but a very comfortable time is not mine but a controllable time or situation is in but I don’t have the MONEY. What can you do.?????
Hi Jon,
I have decided to enroll your IBMC but lack financial for registration, today is the last day of registration. But last night I thought of asking you a favor if you could consider it. I want to push through into the lifestyle business since I am already a senior citizen. I was pinned to illness since 2014 until I left the corporate job the same year. But when I came across your name my interest was ignited and i want to push through with this eBook business. Can you consider me in your class and give me articles to write until my tuition is paid by the articles that I will write? I shall wait for your remarks.
Or if there is no possibility of my first request, can you give me some articles to write for an income? But I will be happy if you will consider the two, the first and second favor I am asking. okay I understand what you say that not all passion is converted into business. I will hold on to this.
thank you.
Julie Vicente Agustin