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Many successful businesses have it’s humble beginnings like the El Mare who sells buko pie. Two retired H.E. teachers started making buko pies with an initial investment of php50,000. This capital was used to buy equipments and materials since the place is already owned by the two so there were no problems in renting the place.
KSNS also featured the procedures on how to make the buko pie. It looks special because of the addition of eggs and cheese maybe this is reason why it became popular. The ingredients are selected fresh buko meat, dough, flour, lard, eggs, sugar, cream, water, corn starch, evaporated milk and cheese. If you want to see the actual video, click on the image below.
But although this business is lucrative, it’s seasonal and peak of sale occurs mostly on summer where students are in vacation. The OIC of Elmare, Jennifer Martinez, advised that to those who wants to engage in this kind of business, just make sure that you like what you are doing. As I’ve mentioned before, this is seasonal.
Entrepreneurship is a way of thinking. It doesn’t mean that if you have a business you are already a 100% entrepreneur. Because even if you started a business and you still think like an employee, then there will be a problem for sure. But even if you are employed but think like an entrepreneur, it will not be as hard for you overcome your financial problems. “You should not put all your eggs in one basket” so to speak. Businessmen doesn’t just rely on one kind of business, they replicate success. If they have built a successful enterprise they duplicate it by offering franchise or to venture on other kinds of business. Likewise as an employee, we should build safety nets and not totally depend on employment.
Food cart business offers the most portable type of food service. Since all the things needed for your business are in the cart. For example, the cooking utensils and equipment, cashier and the items you sell. There are many types of food cart businesses you can think of like pearl shakes, fruit shakes, nachos, siomai, baked good, fish ball, squid ball or rice in a box. The popularity of this type of business makes 1 billion pesos of sales every year.
In today’s changing world, many privileges that an employee gets from the company are slowly diminishing. Like for example an employee that will stick to his or her employer until retirement. This is because of the very competitive nature of our business today; many companies are trying to eliminate their most loyal employees just because of cost reduction. And the most merciful thing that an employer can do is the ‘Golden Handshake’. So many companies turn to outsourcing the jobs to reduce cost. And now we go to the question “How Much is Enough?” and the rich man will say, “Just a little bit more.” ( Greedy, huh? )
