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It has been a known fact among our countrymen that the most consumable product in our country is not food nor is it any household items but cell phone credits. We are the texting capital of the world, Im not so sure if we should be proud of that but it is a fact that we can not just disregard.
I still remember when I started this race to 1 million. Walking in the streets of Makati asking for 1 peso was the turning point in all of this. I thought what if I could ask 1million people 1 peso each, I would still be a millionaire. The telecommunications network (globe sun smart) did that. Asked 1 peso from every filipino and it made them rich. All Im asking is just a piece of the pie that globe, sun, and smart have.
The SMS market is a multi-billion peso industry with 40 Million cellphone users. There are 240 Million texts per day and 98% of cellphone users are pre-paid subscribers. What if we can get a small piece their pie? what if we can also earn from ready users and potential users? We can because there are services that offer this to us. SMART and Globe offered their eload business to the sari-sari stores but you need seperate phones to provide both because you cant just cater subscribers of 1 telecommunications company that’s like turning away a customer who is already intent in buying a product (credits).
There are other services that offer eload businesses to the ordinary folk like us. Wi-Max is a company that provides the opportunity for us to earn the way big telecommunications company earns their money. I know there are a lot of other companies that offer the same services as Wi-Max but this is the company I chose because after talking to Wilson Ng, Vice Chairman of the company, I was convinced that they are a legitimate company and they are offering this service to us. And they had a lot of other things to offer aside from eload. Which I will elaborate more in the future (meaning I still need to study it hahaha)
After seeing their presentation and a long discussion with Mr.Wilson Ng, I immediately bought a 2,200 package for the business. This is the reason I deducted 2,200 pesos from my progress report. It is a small investment for me since I’ve made the money from nothing.
For those who might be interested in the E-load business I will let you know how to do it in my next post called “The Ken-Max project” Earning 1 million pesos through eload.
I met up with Hermie (my co-author) at Gateway Mall in Cubao. We discussed a lot of things and one of them was this new business I wanted to pursue. Well technically its not “new” because everyone is using it but definitely we both agree that there is a lot of potential in this venture.
I apologize for the secrecy but we wanted to explore this venture further before we divulge any information. All I can tell you right now is that Hermie and I are closely looking into it and doing a study on its feasibility before we tell you guys what it is. We also wanted to set up a system of our own to maintain its sustainability but we will have to test it first.
Rest assured that we will keep you guys posted.
everyone knows that it is not easy to start a business. so please bear with us.
——————
other things we talked about…
Well we discussed how to further improve this blog so that everyone can gain from it.
we talked about a business problem of a friend in terms of marketing
maybe we should do a page for that sort of thing hmmm! Solving your business problems here in pathtomillion blog ! idea hahahaha
When we say starting a business, we are usually trapped in a particular mindset… In my opinion there are 3 possible mindsets to be trapped in.
1. That starting a Business is Hard
2. That it is expensive
3. What Business do i begin with?
An individual can be just stuck in one or all three mindsets. Well its been weeks since I’ve posted a significant entry in this blog and that’s because I was stuck trying to think of a business that I can do with 8 thousand pesos (the amount of money i have on this Million Peso Project) -check progress page.
I was racking my brain as to what am I supposed to do that can earn money, that only needs low capital,and that is not so hard to do. Well I think I have found such a thing.
I will not be writing about it just yet. I will be meeting Hermie (my co-author on this blog) on Monday and I will share with him this Business. Our discussion will provide us a chance where we will be able to iron out the kinks and scrutinize the details of this opportunity. After which I will gladly share this with you guys.
I am really excited about this and I just cant wait till it starts.
Will Keep you guys posted on this. I assure you that you can do it as well.
To anyone who is interested in starting your own web retail stores or exporters who wants to explore the internet there is a PAYPAL Management workshop on May 8, 2008 thursday 5-9pm at the Adarna Fine Dining Restaurant (119 Kalayaan Avenue Diliman QC) regular price is @950 but for reserving a seat early the price is at 850php
Dinner and Print matrials are inclusive
For those who are interested you can call 4350550 or email dekada_arts@yahoo.com
Never would have thought I’d become a party planner but Im glad I had the chance to do this. A friend of mine wanted to have a party and he didnt have the time to organize it by himself because he was either too busy with his work or too tied up spending time with his girlfriend. So I “volunteered” to be his party planner. Luckily it was just a small get together with around 20 or so guests. This party was definitely easy to organize since they were all guys… Just put all of them in a room, fill the fridge with beer, add some chips and put on some music and viola! instant party. Guys are soooo easy to please hahahaha. No need for fancy decorations or themed designs just music, booze and chips is all we need for a great time.
As the party planner, I delivered exactly everything I said with the budget given to me. Got a room in a hotel, bought drinks in bulk (cheaper) and some hard drinks, and got some chips. Pulled out the ipod and boom instant party.
Party planning is a serious art. It takes a lot of organizational skill to pull off a successful party especially when you’re working on a budget. Real Party Planners like wedding planners or events planning is serious work and you must be really good at that to ask for big bucks. I talked to a friend a while back, he told me while he was staying in the states for 6 months he made serious money organizing weddings. He said that organizing a party in the states was easy because everything was online. Just look for what you need on the ineternet and it will be delivered right at your doorstep. He had so much fun in organizing weddings he even offered to sing at some weddings he organized. (he’s a great singer by the way) I asked him, why not start that sort of business here? He told me point blank that he wasn’t interested because planning parties in the Philippines was hell compared to the ”point and click” way he organized parties in the states. hahaha He wasn’t patient enough to deal with people and that it wouldn’t work out for him here.
Parties and Weddings are really serious businesses. Events organizers and wedding planners make a lot money if you know what you’re doing. My short stint as a party organizer is nothing compared to the work that these people put in their master piece (party or wedding)
Note:
my friend earned a lot of money planning weddings in the states. The money he earned paid for his trip.
for people who sends e-vites (electronic invites) check out www.pingg.com very nice site to customize and personalize an evite. they also have this RSVP thing that lets you know if the people you’ve invited are going or not.
Why Gawad Kalinga May Not Be Enough
By: Harvey S. Keh
In one of my interviews with ABS-CBN, the news reporter asked me, despite all the scandals and corruption (Hello Garci, 1 Billion Peso Fertilizer Scam, Irrigation Scam and 6 Billion Peso NBN-ZTE Broadband Scam) that have hounded this present administration, why do you think do majority of young Filipinos choose not to do anything about it. She further added that there seems to be no uproar from the Filipino youth and young professionals from all over the country, does that mean that we are okay with all these scandals that are mushrooming almost on a weekly basis? I asked these same questions to my students and friends and here are their answers (summarized already):
Student A: Sir Harvey, Naiinis naman talaga kami sa nangyayari pero wala naman kaming magagawa eh, estudyante lang kami at kahit sino namang ilagay sa gobyerno natin, pareho pa rin silang lahat na magnanakaw. They will only protect their own self-interests.
Student B: Sir, I’m not happy with how our country is being led by our government leaders but I think the best way I can contribute to this country is by becoming a good student, study hard, find a good job and be a good citizen in our country.
Yuppie A: I don’t want to get involved in politics masyadong magulo yan kaya I’d rather just stick to doing my job well and helping my own family besides I’m already helping this country by helping send my younger siblings to school.
Yuppie B: I was part of EDSA II and actually took helped organize the concerts at the EDSA Shrine but as much as I’m very frustrated with how this government is being run, I am no longer convinced that political engagement is the way to go for our country. I would rather focus my energies and resources to helping NGOs and Foundations like Gawad Kalinga and Pathways.
Reflecting upon these answers which I also often receive from the emails Filipinos here and abroad send me, I believe that their answers are all valid and I respect them although I don’t totally agree with all of them. Allow me to share with you what I think on each of these answers:
Student A’s answer is typical of a person who is disgruntled with what is happening to our country but who apparently feels helpless about the situation. When I receive this kind of an answer from people and my students, I tell them about what they can do and organizations they can join like Team RP but when they are invited to take part in activities that aim to promote good governance and greater transparency in our government, they fail to join and act. Sad but true, many Filipinos just love to criticize and point out what is wrong with our leaders but when they are given an opportunity to act about these pressing issues, they refuse to make time and move out of their comfort zone.
Student B’s answer is for me a selfish answer, yes, I believe that a student’s main and foremost responsibility is to study hard and finish education but what about our own responsibility as citizens of this country? In a utopian society, this answer would have been okay but in our present situation as a country in crisis where the gap between the rich and the poor continue to grow and where more than 20 Million Filipino Families grow hungry each day, this is no longer acceptable especially for students and young professionals who study at the top universities and who come from the middle to upper class of our society. This answer is an easy cop out and it’s selfish because at the end of the day, just by confining yourself to you own life won’t help our country as much as it will help you.
Yuppie A and B’s answer is all well and good since I admire them for continuing to work hard to provide for their families while at the same time continue to get involved with volunteer work for Gawad Kalinga and Pathways to Higher Education. I admit that I was like Yuppie A and B who just confined myself to working towards helping poor but deserving students go to college and finish their education but I realized that this isn’t enough. I realized that if we are able to reform our government institutions and leadership then there won’t be a need for organizations like Gawad Kalinga and Pathways. We need to realize that in order for us to help uplift the lives of the poor we need to attack the problem at its roots and that is the inability of our government systems to provide these basic services to them. Isn’t the National Housing Authority supposed to be the one to help provide adequate shelter to every Filipino family? Isn’t it the Department of Education’s job to assist every Filipino child gain access to quality education? A recent study by the World Bank has said that more than 30 Billion Pesos goes to Corruption every year. Imagine if we are able to work together and pressure government into being more transparent and accountable towards curbing corruption then we would have more resources to provide housing for every poor family, irrigation and fertilizers to farmers (which would help alleviate our growing food crisis), higher salaries for our public school teachers, enough textbooks for our students and access to quality healthcare for every Filipino. Working for and helping Gawad Kalinga, Pathways and other non-profit organizations are very much needed in our society today but let us also not forget that unless we work hard towards fighting for and institutionalizing credible and lasting reforms in our government and its leaders, then we will always have to do the fire-fighting because we have failed to solve the cause of the fire.
In summary, what I would like to share with all of you are the following:
a.) We deserve the country that we have. If we want a prosperous and just country, then we should all work hard towards it. If you look at the history of South Korea and Singapore, they were able to turn their country around in less than 30 years, I believe we can do it in less time and do it even better if every Filipino will just care enough to go out of his or her way to help push for reforms in our government. As the saying goes, Walang makakatulong sa Pilipino kundi kapwa Pilipino rin.
b.) Genuine Hope of this country does not lie on our government and church leaders and especially not in the ruling elite and oligarchs, it rests in each one of us. As I have always said, every Filipino whether you live here or abroad can complain about the rampant corruption and problems that is present in our government but after the complaining have you asked yourself, what will you do about it? Are you willing to sacrifice some of your time and resources to making yourself heard by our government leaders? If we want change in our country, we need to change ourselves, change starts with each one of us. We need to stop making excuses about why we cannot act and why we cannot take part in actions that will reform our present government systems.
c.) If our government and its leaders were doing their job effectively then there wouldn’t be a need for a Gawad Kalinga or a Pathways. I support and firmly believe in Gawad Kalinga, Pathways and other non-profit organizations that are working hard to deliver basic services to the poorest of the poor in our country but don’t you think it’s also time that we start holding government accountable to these basic services that they have failed to provide our people? Of course it will be harder to do this and it may take a longer period of time but if we are able to institutionalize these reforms then we will be able to make our government more efficient and effective and in the end we will be able to help not just seven thousand but seven million Filipino families.
I am not calling for another People Power Revolution nor am I asking for our President’s outright resignation. I’m not also saying that people should quit supporting and volunteering for Gawad Kalinga and Pathways, in fact, I believe that we should continue to support these very laudable and inspiring initiatives. All I’m saying is that these efforts can only yield lasting benefits for the poor and the powerless if all of us would be more involved in activities and movements that would push for greater Truth, Accountability and Reform in our government because in these times of crisis, despair and growing hopelessness in our country, the poor can’t wait and Gawad Kalinga may not be enough.
If by some chance you were moved to act by this email and want to join us in pushing for genuine and lasting reforms in our government, please let me know by sending an email to harveykeh@gmail. com
Harvey S. Keh is Director for Youth Leadership and Social Entrepreneurship at the Ateneo de Manila University-School of Government. Harvey as a Filipino social entrepreneur has co-founded Pathways to Higher Education-Philippin es and AHON Foundation, both these organizations help in promoting access to quality education for every Filipino child. Aside from this, he is also Chairman of Team RP, a youth-led organization which is part of the BUSINA movement that promotes Truth, Accountability and Reform in our government.
Got this from Guy Kawasaki’s blog: www.blog.guykawasaki.com
the object of the Entrepreneurial week innovation challenge was to use an everyday object to create as much value as possible. here is the clip of the winners.
using rubberbands they have raised 3,000 plus dollars and donating it to finding a cure for breast cancer.
I had the pleasure of sitting in one of Guy Kawasaki’s talks when I attended an ASES Seminar in Standford University in 2004. It was a long time ago but I still remembered the talk that he gave.
From this clip we are able to realize that an everyday object can be of value and has the potential to generate money. maybe we should all take the time to look around maybe we might think of something creative/innovative from an everyday object.
notes on Ken:
my cousin janelle tiulentino is studying in Standford University on a scholarship. Very smart girl! Good luck in school and more power to you.
Im currently looking to invest on real estate with some of my friends. This is not included in the race to 1 million pesos but I really wanted to share with you guys what I learned. When we are looking into any form of investment (business, real estate, stocks) it is always good to be prepared. And part of preparing ourselves to jump into that investment is to crunch the numbers. We should always do the math when we plan to invest. There are a lot of variables about the investment that might be unforseen or might change during the course of the investment.
Regardless if your investment is short or long term, we are responsible in calculating the risks involved. there are a lot of things we need to calculate like the ROI (return on investment) , loans interest rates and other informations that include a lot of numbers.
I have to admit I’m not really fond of numbers but it is always better to have an idea because if you are really going into investing you should be able to analyze the information presented to you. The wrong way of investing is just leaving your money with someone and expect high returns without doing the math.
If you are poor at crunching the numbers or numerical data is confusing for you, ask a friend or relative who is familiar with this sort of thing to explain or help you out. Don’t feel ashamed if you ask for their help because the bottom line is you get the right information or data so you can make a sound decision to go through or not to go through with the investment.
I actually have 5,000 pesos but in this particular race to 1 million we are following levels and the point is to keep doubling what you have to reach the next level. From my previous post (freelancer and the middleman) I had 2,000 pesos and the next level would be 4 thousand (which is where Im at), then 8 thousand and so on and so forth until the 1 million peso mark.
at level 4k, I just repeated what I did the last time and it was being the middleman. It seems to be a better fit for me than being a freelancer. I won’t turn my back on a freelance opportunity if it presented itself but I feel more comfortable in being a middle man. If its working for you then go ahead. But never be stuck in that comfort zone people. Always keep an eye on new and profitable opportunities.
There will always be times that things doesn’t go according to your plans. This is also true in business. I was working on a deal for a 2nd hand car that would that would give an 80 thousand peso sale to a friend of mine and he was willing to give me a sizable commission if the transaction fell through. Unfortunately it didn’t.
It happens.
For the big players 80 thousand pesos is just chump change but to many of us this was a huge break. And sometimes that one huge break is all we need to push a business or our life to new heights. I guess it just depends on which side of the fence you are in.
The best lesson here is there will be better opportunities. think of why this particular opportunity did not fall through and analyze where we can improve on so that the next time we are presented with a similar opportunity then we are able to handle it thus increasing our chances for success.
Yes, I earned 67,000 dollars in one night!! how did I do it? I paid a downpayment on a house for 3 thousand dollars and sold it at 110,000 dollars less the mortgage to earn 67,000 dollars!!!!!
nice right? I wish it was true though. I did make 67,000 dollars in paper money from the game called CASHFLOW. For those of you who are not familiar with the game, the objective of the game is to get out of the RAT RACE and make x amount of money (specified in the game) or get the dream you’ve always wanted (which is also specified in the game). I have heard of the game before and I have seen it in some specialty toy stores but I have never played it. I heard the price of this particular boardgame was 15,000 pesos(wow!).
so what is the RAT RACE? The Rat race is basically a mindset or the way I see it, the employee mentality. Many of the employees today live from paycheck to paycheck. They work tirelessly for the boss until they get paid and the salary that they get they blow it all away in buying new gadgets (cell phones, ipods, laptops) and other non-essential items leaving them with little or no money to save or to invest. It is the “work-salary-spend” cycle that we are trying to break away from. how do we get off the cycle? That is what the CASHFLOW game teaches its players.
I was invited to play CASHFLOW earlier tonight by a group of friends who i shared the same interest with. And that interest is on how to make money. These friends of mine are mostly in their 20’s and they’re pretty much decided on being rich. We meet regularly and talk about business ideas, possible ventures or opportunities, stock markets, and market trends. We havent made a business deal or venture as a group but the meetings I have with them is very interesting because you are able to hear different opinions and opportunities form the group. I suggest you find a group of friends who you could share this with as well because you never know what business opportunity might come out of it.
Game Proper:
there is a maximum of 6 players and each player, like in monopoly, gets a small figure that will represent himself in the board game. the game has 2 seperate paths 1. small circle is where everyone begins (RAT RACE) and 2. the outer circle is where you want to be in.
before the game starts you will pick, at random, an occupation (just like the board game LIFE). there it states your salary, your loans, expenses and monthly cashflow. you will have to record that information down on a piece of paper. throughout the game you will pass paycheck tiles and your monthly cashflow is the amount you’ll receive everytime you collect your “paycheck”.
during the game, players will be presented with opportunities, expenses, market trends, that will affect their cashflow. and the cashflow determines how successful you are in the game.
Revelation:
How you play the game is a reflection on how you deal with your cashflow in real life. the decisions that you make in the game are probably the decisions you will make if a similar situation will present itself to you in real life. the good thing about the game is you learn from it.
who won?:
Ken Tan won the game, I just came in second, the rest didnt get out of the rat race at all.
notes:
increase cashflow, lower expenses!
I am on my 2000 pesos from nothing. That’s pretty big for someone who started out asking for 1 peso in makati. How did I get to level 2k?
Well I was thinking of something that I can do with zero capital and the idea came to me. Freelance people earn money by offering something they can do for the client. It can range from writing to photography to whatever just as long as they are able to provide the services that the client needs. So I tried to do a freelance work.
Im not really versed in the art of photography or design so I did a little writing. A few friends of mine needed someone to write for their company. So I helped them out in exchange for a little cash incentive. I didn’t charge a high price since Im not really a writer or a PR consultant. But it was very interesting how you can make money in doing freelance work. You can do this even if you have a normal day job. Just be sure that the project that you accept is doable and make sure that the work that you give is quality work. Do not just grab the money and give out crap. Because in the long run it will be bad for you. The Word of Mouth phenomenon could be a very beneficial and a very dangerous thing at the same time. Word travels fast and if word got around that you are hard to deal with or you didnt do a good job then your reputation will be damaged. Freelance work, like any business, is built on reputation. If people hear good things about the work you do and how you deal with clients then new clients will come to you because your current clients spoke highly of you and the service that you provide.
The middle man is different from the freelancer because the freelancer has a specialized skill that a particular client pays for, the middle man if isolated on his own has nothing to offer. However the beauty of being the middle man is you dont need to have specialized skill all you need is an observant eye and communication skills. Have you ever heard of the filipino phrase “laway lang ang puhunan”? This phrase literally means “saliva is his only capital” and this is how the middle man operates. Middle men are connectors they look for people who needs something and connects them to the person who can provide that particular service and earn thru that transaction.
Lets say I know someone who is selling a car and I came across someone who wants to buy a car of the same model and type. There is a two-way approach to the middle man 1. you can ask your friend for a commission if you are able to find a buyer for his car or 2. you can add a certain amount to the current price and complete the sale at a profit.
I’ll tell you how I did it. A friend of mine from the province was looking for someone who can make new uniforms for their employees because they will be changing the name of their store. Luckily for me I already knew someone who makes uniforms as their business so I told my friend that I can help him out. I got the quote from the manufacturer and asked if I can get a commission from this project, they said that the project was too small to give a commission. So I went with # 2 and added a small amount to the current price to make a small profit.
The nice thing about the middle man is he can sell anything (electronics, cars, clothes, services) without having to shell out capital. For those of you who want to try this out just be careful. Middle men still needs to make sure that both parties involved are pleased with the transaction. Because there are some instances that buyers dont pay or your supplier has a defective product then in those instances you will definitely be in the middle. But in general this is a good way to earn money even when you are working.
I was talking to Tim Benet about my cashflow problem and it turns out that I was spending more than what I put into my pocket. It was around 8 thousand pesos more. Im down 8 thousand pesos monthly and I wouldnt have known that if we didnt looked into how much I spend for stuff like transpo, food, gimik. That’s just the tip of the iceberg my friends, we also had to look into the payments made to rent, insurance, loans and the like.
For those of you who are not familiar with the term CASHFLOW, it is the flow of cash. hahaha very simple right?! Lets say I am an employee earning 12,000 pesos a month. But for the whole month you have to spend for the transpo you need to go to work, the food you eat for that day, the rent you pay for the apartment, purchase of clothes, and insurance. If you add all my expenses I spend around 9 thousand pesos for all those things. That just leaves me with 3 thousand pesos to save (or to spend) depending on how mature I am with money.
3 thousand pesos a month….not very big savings in a month.
What if you got fired or lose your job because the company you worked for closed down or quit your job? The monthly income of 12,000 is completely gone but the expenses you have monthly is still there. So instead of being UP 3,000 pesos you are suddenly in the negative 9,000 pesos zone. What will you do? Most logical thing is to look for another job, others find ways to earn for themselves (start a business etc.) But what if, for the time being, you cant find another job and you cant start a new business how long will your funds last to support you? 6 months? 1 month? 2 weeks?
It is a numbers game really, earn more and spend less. It is important for everyone, including students to be aware of their spending habits. We shouldn’t train ourselves or even our kids to be “wage-dependent”, just waiting for the salary every month and not thinking about other ways to make money.
My advice now is to look at your income and expense columns. You might be surprised in the things you find out about yourself and your spending habits. To help you in keeping track of your expenses, visit this website: www.expensr.com it is a site where you can keep track of your expenses, compare with your friends and gives you charts to where you spend your money most. Knowing where you spend your money is the first step in cutting down on your expenses.
Notes on Ken:
I already quit my job last August 2007.
The environment is constantly in danger from man. Humankind, in our short existence, has managed to leave our earth gasping for its life. And as time is running out on all of us, humanity scrambles together to help our dying home we call Earth. In the process of saving the world we are now seeing more and more businesses that think of the environmental impact they have on our planet. More and more people are conscious of the purchases and the implications of their decisions on our planet. Movements like the earth hour and documentaries like “An Inconvenient Truth” are just some of the recent campaigns for our planet and more and more are joining the journey to save the planet.
Greg How 
WASTE DISPOSAL 
SAVING the PLANET 
For 10 years now Globe Care Services, Incorporated has taken the war against pollution very seriously. They are the first company in the Philippines to specialize in the packaging, transport, and disposal of hazardous wastes. In more than 10 years of dealing with all types of hazardous materials, Globecare has never been cited for any violations of RA 6969, the Toxic Substances and Hazardous and Nuclear Wastes Control Act, or any other environmental laws or regulations.
Gregory How, a University of the Philippines graduate, is the General Manager of Globe Care and he wishes that more people would take the environment more seriously. He hopes that more people in upper management of the different companies and organizations realize that proper disposal is very important because it affects everyone. And those who are in the position to decide should really be well informed about what is happening in our environment. Their client list includes companies from different industries, electronics manufacturing, food and home products manufacturing, the power sector, communications sector, storage facilities and warehouses, office buildings, schools and others. Everyone is responsible in proper disposal of wastes and it takes the leaders of these different sectors to be become examples for us to follow.
For more information about Globe Care Services please visit the site : http://www.globecare.com.ph/index.htm and their office is located in #1 Sheridan St. Mandaluyong City, Philippines (+632) 638850838-8698 (+632) 747-7470 Fax: (+632) 747-7469 E-mail: services@globecare.com.ph
www.pathtomillion.wordpress.com
During the Holy week (march 18-22) my family and I went to this little red dot called Singapore. It was fun and totally amazing experience. It was my first time to visit singapore and I am very impressed how this small country is thriving culturally and economically. How can a small country with 4.5 million (estimated) population grow abundantly wealthy as a nation? And why can’t the Philippines which has more resources and more people be the same as Singapore?
Based on my personal observation, the reason why Singapore is doing so well is that people in their country strive to become the best they can be because the country as a whole wants to be number 1 at anything you can imagine. They have this underdog mentality and they go out proving to everyone in the world that even if they’re small they can do it. If we analyze how they market their country, the country’s tagline is “Uniquely Singapore”…nuff said. hahaha They strive to be unique and a very good example is the upcoming F1 race this coming september. It will be the First night race and they will be using the city streets as the race track. A big pat on the back to whoever thought of that idea because it has generated income for the country months before the actual event. All tickets are sold out and rooms at the hotels have doubled or even tripled their price for those dates. this year China has the olympics but guess what, Singapore made their own historical achievement as well. Singapore has proven that size doesn’t matter.
Singapore vs. Philippines
F1 night race vs. Manny Pacquiao’s victory - Singapore earned money thru tourism income; Philippines earned by taxing Pacman’s winnings (and charging ridiculous amounts in cinemas to watch the fight)
Night Safari vs. Manila Zoo - Singapore has more healthy animals ; Philippines has malnourished animals
Sentosa Island vs. Boracay - Developing into a consolidated hotel/park/casino - Too much litter for a small vacation spot
Singapore’s MRT vs. Philippines MRT - very nice and well maintained ; we cut off electricity to our escalators and make people climb the escalators.
Sing Crime Rate vs. Philippine Crime rate - Singapore has very low crime rate ; Philippines has O% crime rate when Pacquiao has a fight (don’t you just wish manny can fight everyday.) hahaha
Im just making fun at the realities our country has on its plate. I still love this country and I believe that there is still a lot we can do to turn it around. Lets start doing something we can be proud of as a country and not just be proud of individual Filipinos who made it internationally. We should support our Filipino astists who made it big abroad but we shouldnt be hitching along their wave. Philippines as a country should makes its own waves.
I have a Challenge to all those who read this post:
tell me the 1 thing you think that the Philippines can be proud of in the last 20 yrs.
I’ll tell you what we shouldnt be proud of:
1.being named as #1 in corruption in the region. (i know there are a lot of people who think that the survey’s parameters were not conclusive but the mere fact that the perception of foreign investors in the region thinks that the Philippines is #1 in corruption is telling factor that we are definitely doing something wrong)
2.selling off our islands hahaha if we are going to sell our islands we might as well sell to the koreans because i think we are already being invaded. we can trade part of luzon for very good koreanovelas hahahahaha
3. Senate competes with BOOM na BOOM and Star City as the best circus in town
4. ZTE deal - no wonder they think we are corrupt because we are. “moderate their greed” hahaha that’s one for the history books
5. Bb.Pilipinas fiasco. I blame the judges!!!! DO YOUR FREAKIN JOB!
6. AIRPORT- when will they open the “new” airport hahahaha still corruption in the air people.
7. We are now on our what 10th PEOPLE POWER REVOLUTION? hahahaha
…the list goes on and on. the challenge is to post what you think the Philippines (as a country) did to make us all proud.
(you cant say produce OFWs)
I spent most of the time collecting coins from random strangers and I met a youth Christian group meeting in the park so I told them my story and they were generous enough to give me their change. I easily collected 16 pesos all in all. It’s really funny because it never crossed my mind that I would ask people for 1 peso. Sure I’ve asked a friend for change when I needed it but this was different. This time it’s for my 1million peso project. To be honest I was already having second thoughts this early in the race. I came out really excited at the start and after a few hours in under the sun and trying to ask for money it seemed kind of stupid. At the rate I’m going, street kids are already making more money than I am. They ask for money and use pity to get it. Then it came to me, what if I asked 1 million people for one peso each I’d still get a million, right? So why should I not? One it will take me a very long time to do it but that is just really an excuse. All we need to do is find a better way.
That is the revelation that I have learned in this experience. We need to think out of the box. Be creative. If you really stopped and think about it, how can you get 1million pesos from 1million different people? GLOBE and SMART got that covered with their 1 peso per text service. Imagine the amount of money they get just from people who text “kain na you? Kain muna me.” Hahaha But seriously it’s just insane as to how much money they get from texting alone. Imagine if you had that capability to generate hundreds of millions of pesos a day.
So what do we need to be? We need to be creative. If we are able to provide something better or a better solution to a problem then we can definitely cash in on that.
If you are currently working on something that can make you money or a service that can solve a problem in the most cost efficient and creative manner, my suggestion is keep working at it. Don’t stop trying until you get it right. It’s always such a shame when you thought of something that can be profitable and you see one day that someone else is already doing it. Don’t you just hate that feeling? So stop thinking about how you should have started it and start doing. Keep notes on the ideas that you have. Give time and effort on it at least an hour a day. And you’ll be surprise at what you can achieve by just devoting your time and effort to it.
The first step of the quest for a million pesos is “how to earn 1 peso?” because without that 1 peso you can never create that 1 million. Our task is to create 1Million starting from ZERO following the rules of engagement.
It was a Sunday morning and the race to a million has begun. We went outside the building and it was like a ghost town in the back streets of Makati. Because it was a Sunday plus the fact that Manny Pacquiao’s fight was being televised, naturally there were very few people walking in the streets and that equates to fewer opportunities (or so we thought). We went on our separate ways and I met 2 very nice ladies who I asked for 1 peso. Naturally they were curious as to why I needed 1 peso and I told them the truth. “Ma’am I need your 1 peso to create my 1Million.” “Hahahaha!!” is the answer that I would have gotten if I told them that. So this is what I said “I need to ask people for 1 peso for this activity in our seminar.” which is also the truth. And they gladly gave me 2 pesos.
Sounds easy enough right? But mind you this first step is usually the hardest for most people. We needed to build our confidence and this first step is the beginning for anyone who seeks financial freedom. If we doubt ourselves it shows and others will not believe in you and your capabilities no matter where you go. Being confident doesn’t happen overnight. We should practice it in every single opportunity that is given to us especially for anyone who plans to go on business.
Hi, I am Kenneth and this is my quest for my 1st million pesos. Just a short intro, I am 25 yrs old and an entrepreneur in my heart and soul. I graduated from Ateneo de Manila University with a Bachelor’s Degree in Interdisciplinary Studies (no… we do not major in discipline.) and after graduation I immediately worked for a very well known snack food manufacturer across Asia (OISHI). I worked for them for almost 3 years and resigned from the company last year to pursue something I strongly feel is the right path for me and that is creating my own business. Join me on my path from zero to a million pesos and I am positive that we will all learn life lessons from this journey.
“-it is not the destination but the journey which is more important.”
The Objective: From 0 to 1MILLION PESOS
How I make this project work is solely on me and on the time i spent on it. Aside from the rules above there is no strict guidelines as to how I make my money or which industry I make it from. So let us begin the journey to a Million pesos.
pathtomillion
klao8
yojismo