The Filipino Entrepreneur

If you are wondering why there is a reduction of traffic in your website or blog this last two weeks of October, then the possible reasons are the semestral break and festivals here in the Philippines. I can’t think of other possible explanations but the facts are there. But I guess it will depend on the kind of niche your website or blog has and the kind of visitors who visits. I read Yugatech’s blog when he posted about the reduction of his traffic in the  summer months of April and May which is the end of school year. So we can assume that it is the same thing when there is a semestral break in October up to the first week of November. And we can conclude that students is a big part of any kinds of businesses whether they sell in food carts, selling celphones, a book store or internet businesses.

Patience is really a quality for someone to be successful. Because if you quit, you already loose, right? Many successful people in all kinds of profession reached their goal because of this virtue. I read a Shakespeare Quote in Macuha’s blog about patience and I’ll requote it again:

“How poor are they that have not patience! What wound did ever heal but by degrees? Thou know’st we work by wit, and not by witchcraft; And wit depends on dilatory time.”

-From William Shakespeare’s Othello

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It’s inevitable, recession is starting in the U.S. already and may affect the world’s economy. Many businesses are already laying off many workers and many business already folded up including many online businesses. But what about advertising? According to the article I read, its just the opposite. Many recessions already hit the United States and companies who survived knew what to do to save their company. It’s called “Branding”. In a weak economy, that’s what companies should be doing. They should advertise to make their name look important and stick to the minds of the people. It will also make an impression that a company is doing all right despite of a bad economy and many will be loyal to the products they are selling.

Recession comes and goes and the saying is true that “History Repeats Itself” and “There Is Nothing New Under the Sun”. In the article by Svetlana Gladkova at Profy he points out things about online advertising, and how it will be affected as our economy worsens. She provides a very thought-provoking analysis on the subject, comparing it to what advertising was like in the great depression.  This is some of her analysis: Read the rest of this entry »

I was thinking of posting a business opportunity or a home business but I accidentally found an article about how millionaires made their millions. Having their traits in my opinion, is the most important thing for having a successful business because even if we like to start a business, if our minds are set in the wrong direction, I think success is really out of reach.

In the article there is a teaser that catch my attention that says ‘“They’re just like you. But with lots of money.” I think its true because when you read their success story, the only difference of a millionaire from an ordinary person is their determination, passion and frugality. I always think that the secret of becoming a millionaire is very hard to know but once you learn about their secrets, it doesn’t look like a secret after all. The hardest thing to do is to imitate their discipline which includes frugality and determination. Normally our spending habits and fear are the greatest hindrance.

I’ve listed the five ways below and you can read the full detail here.

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Think it’s about time that we look for other alternative milk sources. This is because of the melamine in milk scare, those who can’t afford the high prices of milk, the rest of the grass roots like us will have no choice but to buy them. I got an article I read from the Philippine Star newspaper on the Opinion section. It might be a good topic to ponder. Read on……

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