business vs employment

THE WELLNESS REVOLUTION

Php4T-Php6T – UNDERGRADUATE

Php4T-Php6T – UNDERGRADUATEPhp10T-Php15T – PROFESSIONAL/

GRADUATE

GRADUATEPhp30T-Php50T – MANAGER /SMALL TIME

BUSINESSMAN

BUSINESSMANPhp100T-Php200T - PRESIDENT/VICE-

PRESIDENT BIG TIME BUSS/FRANCHISING

BUSINESSMANPhp100T-Php200T - PRESIDENT/VICE-

PRESIDENT BIG TIME BUSS/FRANCHISING

Php500T-Php1M – INVESTORS(BILLION CAP)

PERA BUSSINES

EMPLOYEE

PERA BUSSINES

EMPLOYEE

STATISTICS

80%Mahirap at Mareklamo

STATISTICS

5%Mayaman

STATISTICS

5%Mayaman

StudentEmployee

STATISTICS

5%Mayaman

StudentEmployee Businessman

STATISTICS

5%Mayaman

StudentEmployee Businessman

STATISTICS

Do something different to get something different!

CHINESE MINDSET

25 yrs old – House And Lot + Car40yrs old – Php20M bank- Php140,000/mo

CHINESE MINDSET

25 yrs old – House And Lot + Car40yrs old – Php20M bank- Php140,000/mo

Do business 5 to 10 years after that…MONEY WORKS FOR THEM!

FILIPINO MINDSET

FILIPINO MINDSET22- Graduate

FILIPINO MINDSET22- Graduate30- Nagtratrabaho

FILIPINO MINDSET22- Graduate30- Nagtratrabaho40- Sawa sa trabaho

FILIPINO MINDSET22- Graduate30- Nagtratrabaho40- Sawa sa trabaho60- Resign sa trabaho

FILIPINO MINDSET22- Graduate30- Nagtratrabaho40- Sawa sa trabaho60- Resign sa trabaho70 – PATAY KAKATRABAHO

FILIPINO MINDSET22- Graduate30- Nagtratrabaho40- Sawa sa trabaho60- Resign sa trabaho70 – PATAY KAKATRABAHOWorks up to 60 asa sa SSS, GSIS and RETIREMENT kapag overage na mgabroad naman.

THEY WORK FOR MONEY FOR LIFE!

25 yrs old – House And Lot + Car40yrs old – Php20M bank- Php140,000/month

CHINESE MINDSET

BUYING A CAR:

DOWNPAYMENT – Php200,000

BUYING A CAR:

DOWNPAYMENT – Php200,000MONTHLY EXPENSES: If 3yrs------------Php21,000 If 4yrs -----------Php17,500

BUYING A CAR:

DOWNPAYMENT – Php200,000MONTHLY EXPENSES: If 3yrs------------Php21,000 If 4yrs -----------Php17,500 GAS -------------Php12,000

BUYING A CAR:

DOWNPAYMENT – Php200,000MONTHLY EXPENSES: If 3yrs------------Php21,000 If 4yrs -----------Php17,500 GAS -------------Php12,000 Maintenance---Php3,000

BUYING A CAR:

DOWNPAYMENT – Php200,000MONTHLY EXPENSES: If 3yrs------------Php21,000 If 4yrs -----------Php17,500 GAS -------------Php12,000 Maintenance---Php3,000TOTAL--------------- Php32,000

25 yrs old – House And Lot + Car40yrs old – Php20M bank- Php140,000/month

CHINESE MINDSET

SAVINGS:

A. If you save Php50,000/month:1M = 2yrs

SAVINGS:

20M = 40yrs

SAVINGS:

20M = 40yrs

B. If you save Php5,000/month:1M = 20yrs

SAVINGS:

20M = 40yrs

B. If you save Php5,000/month:1M = 20yrs

20M = 400yrs

THIS PEOPLE KNEW AND STARTED AT A YOUNGER AGE: (CHINESE MINDSET)

Lucio Tan – age 16 now 79 yrs old

Lucio Tan – age 16 now 79 yrs oldHenry Sy – age 12 now 83 yrs old

Lucio Tan – age 16 now 79 yrs oldHenry Sy – age 12 now 83 yrs oldGokongwei – age 14 now 80 yrs old

Lucio Tan – age 16 now 79 yrs oldHenry Sy – age 12 now 83 yrs oldGokongwei – age 14 now 80 yrs oldAlfredo Cam Yao – age 12 now 71 yrs old

40 years ago…THE WELLNESS REVOLUTION

HOMEBUSINESSMAG.COM

40 years ago…“In most American’s minds it’s a

‘scam’ and a ‘scheme’ --- questionable or unethical at best,

immoral and illegal at worst.”

HOMEBUSINESSMAG.COM

40 years ago…“In most American’s minds it’s a

‘scam’ and a ‘scheme’ --- questionable or unethical at best,

immoral and illegal at worst.”

“There is even a move in congress to outlaw it altogether!”

HOMEBUSINESSMAG.COM

In the 1960s before Ray Kroc and McDonalds, before Seven Eleven,

Subway, Pizza hut and all other franchising companies–

all of those are being said and done.

Two types of peopleLooking at opportunities...

+ -Two types of people

Looking at opportunities...

1. Starbucks

1. Starbucks2. Mineral water station

1. Starbucks2. Mineral water station3. Pan de Pugon and the like

1. Starbucks2. Mineral water station3. Pan de Pugon and the like4. Henry Fords idea of the car

OPPORTUNITYISNOWHERE

NETWORKING

NETWORKINGMeans talking to a lot people everyday.

John Gokongwei Jr.

One of the characteristic why JOHN GOKONGWEI

became successful is that he is

VERY ADAPTIVE TO CHANGE

Speech at Ateneo

Ministop

Suncellular

Ministop

Suncellular

Cebu Pacific

Its either you adopt to it or be left behind!

FAMOUS COLLEGE DROPOUTS

SPEECH OF JOHN GOKONGWEI JR. AT ATENEOYou have been taught at the Ateneo to be "a person for

others." Of course, that is noble: To serve your countrymen. Question is: How? And my answer is: Be an entrepreneur!

Entrepreneurship is the answer.

Meanwhile, in the Philippines, progress is slow. Very little is new. Hardly anything is fresh. With a few exceptions, the biggest companies before the war-like PLDT, Ayala, and San Miguel-are still the biggest companies today. All right, being from the Ateneo, many of you probably have offers from these corporations already. You may even have offers from JG Summit.

I say: Great! Take these offers, work as hard as you can, learn everything these companies can teach-and then leave!

If you dream of creating something great, do not let a 9-to-5 job-even a high-paying one-lull you into a complacent, comfortable life. Let that high-paying job propel you toward entrepreneurship instead.

We need young people who will find the idea, grab the opportunity, take risk, and set aside comfort to set up businesses that will provide jobs.

Look at the young Filipino entrepreneurs who made it. When I say young-and I'm 77, remember-I am talking about those in their 50s and below. Tony Tan of Jollibee, Ben Chan of Bench, Rolando Hortaleza of Splash, and Wilson Lim of Abensons. They're the guys who weren't content with the 9-to-5 job, who were willing to delay their gratification and comfort, and who created something new, something fresh.

SPEECH OF JOHN GOKONGWEI JR. AT ATENEOWe want Piattos and Chippy to find their way into their

shopping carts as well. Our dream is to be the first group to plant the Philippine flag throughout Asia.

Call it trite—but believe me, success can be achieved through hard work, frugality, integrity, responsiveness to change, and most of all boldness to dream. These have never been easy slogans for me. I have lived by them.

I hope that many of you in this room will someday choose to be entrepreneurs. But most of all, choose to be an entrepreneur because then you desire a life of adventure, endless challenge, and the opportunity to be your best self.

Thankfully, Dr. Albino Sycip, then chairman of china bank, and DK Chiong, then president, gave me a clean loan of Php500,000 to start my business.

ENTREPRENEUR/PHILIPPINES/OCTOBER ISSUE 2001

Entrepreneur: If you have a million pesos where would you put it?Gokongwei: You know, a million pesos now wouldn’t do you much good. Today what kind of business will I do? Maybe I’ll be a peddler again.Entrepreneur: Ok. If you had 10 million pesos?Gokongwei: With 10 million I’ll put up a ministop which cost 3 million

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