One of my staff got paid her back pay today. The amount was about php39,000, about 3x the minimum wage. Her backpay consisted of one month of wages. She had been with us for 3 years before resigning to get married. The backpay is released two months after the exit interview. This morning, the agency […]
Last Monday, I signed a one-year lease contract for a small unit my husband owns. I have been showing the unit off a few times, and finally, I was able to lease it out with cash upfront. Of course, I was exhilarated. “I finally closed the deal,” I excitedly called my husband. The amount wasn’t big, […]
This week, we experienced three unfortunate events: At the beginning of the week, two of our staff went AWOL (Absence without Leave). Both were earning a good sum of money. However, one demanded she be transferred to a store of her choice. The other went drinking and cavorting with her friends and didn’t report to […]
A lot of people want to be in business to get rich. They feel that to be an employee, you’d be stuck working for someone else for peanuts for the rest of their lives. I actually disagree. For one, many corporate dudes work for extremely high salaries — high enough to support a demanding unemployed […]
My husband loves cars. He loves his people. And he loves talking to his customers. However, he HATES looking at bank statements, ledgers and statement of accounts. Whenever he gets one, he gives it one look and tosses it away to accounting who handles paying it for him. However, this habit has turned into a […]
A high school student came the other day and asked me about my experience as a businesswoman. His comments made me reflect on the decisions that I’ve made and why I actually got into business. My parents were both businessman. My father was an engineer who never practiced while my mom was a calculus for […]
Our best sales staff decided to end her employment this April 2018. She was earning around php18,000-22,000 per month, an achievement especially since she was not a college graduate and has no special skills. She is only 26 years old. We had an applicant applying for area supervisor. She has been employed in a reputable […]
I got a new yaya 2 days after the old yaya left. I caught old yaya on Saturday, asked her to leave on Sunday, and interviewed and hired a new yaya on Tuesday. April 9 was a holiday so maybe that day doesn’t count. Still, it doesn’t hide the fact that I was blessed to […]
When I was in Hong Kong, I learned how to be a bigger b*tch. Everything was fast paced and everyone was on top of their games. I worked with the best of the best, and loved it. I worked from 7:30am until after midnight, answering queries from my Blackberry. I walked fast, thought fast and […]
I have extensive experience of multiple staff who are especially hard headed. These are the people who intentionally try to circumvent the rules when they can, and pout when they cannot. True Story # 1: My brother went on a family vacation and left me in charge. While he was gone, many of his staff […]
My father-in-law warned me from being jealous of the very rich men in the country. He said, “Don’t ever think they are rich just because they say they are rich. You never know, they are even poorer than we are.” What he meant was this, while many businessmen may be paper rich, they may be […]
Ever since I was young, my father has always instilled to me the wonders of being an entrepreneur. “You need to manage your own business, Bonita,” he said. “No matter how high up the corporate ladder you get, if you are an employee, you still have to answer to your boss. He makes all the money, […]