A Millenial son of a successful tycoon shared his frustration on working in his father’s successful business. The business has been there over the last 30 years, and has grown in size. Due to its age and the father’s management skills, the business churns out income from regular customers. Many of the staff has been […]
Are You Ready To Operate on June 1, 2020? Today, the President officially announced that from June 1, NCR, Davao City, Cagayan Valley, Central Luzon, Calabarzon, Pangasinan, and Albay, will now enter General Community Quarantine (GCQ). The other regions of the country will be under Modified GCQ, which is a looser version of GCQ. Limited […]
DON’T BE A WANT-TRAPRENEUR A wantrepreneur is defined as someone who aspires to be an entrepreneur, but never realizes his ambition. My friend was a Want-trepreneur. He felt being an entrepreneur was his true calling and constantly thought of one business idea after another. Out of the 8 years I know him, he had 12 […]
How Minimum Wage Works I wrote this last Labor Day, and as usual, employees are clamoring to increase the Minimum Wage. As of today, minimum wage in the Philippines stands between Php 380 to Php 537 depending on locality. For NCR, that equates to Php 13,962.00 per month on a 6-day work week, or around […]
After receiving (or not receiving) government aid, many people are still confused as to what they are, and what they’re supposed to get. Hence, I consolidated the answers in one post just to clear things up. 1. What is CAMP, SAP and SBWS, and how do they fit together? They are three programs of many […]
Hindsight is the greatest teacher. While people are suffering due to the no work no pay policy during the ECQ, I cannot help but think that there’s invaluable lessons for employees from this ECQ experience. Not everyone goes through the same ECQ experience. Some people suffer than most. While many complain about not having any […]
A credit investigation field officer arrived today to ask whether a certain Jane** is working for our company. Apparently, Jane has applied for a car loan at the Philippines Bank. She is planning to buy a Mitsubishi Mirage which retails for around Php 650,000 brand new, and Php 365,000 second hand. The problem was, Jane […]
My response: “Good luck! I hope it turns out to be a good decision for you.” I honestly think not working is a luxury. It means that someone else, not you, is bringing food on the table. As children increasingly become expensive given education, food, upbringing, etc., there really has to be someone who brings […]
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 […]
It’s all about execution. No matter how great your ideas are, if you do not execute your idea, you won’t become successful. Case in point, we have a small accessory retail business. Currently we have 20 stores in major malls but are still growing. We want to grow to above 100 stores in a few […]
It’s a popular adage that you need to do what you love and you’ll never work a day in your life. And if you cannot find what you love, don’t settle. Keep on looking for it until you find it. To be honest, I find this to be 80% BULLSH*T. If everyone did what they love, […]
I found out two months ago that my assistant has been stealing money from the company. She’s been doing it since February 2016, and has gradually started siphoning money from the company account to her personal bank account. When I discovered it, I couldn’t believe it. This was a woman I entrusted money to. Whom […]