Showing posts with label Go Negosyo. Show all posts
Showing posts with label Go Negosyo. Show all posts
Go Negosyo Youth Entrepreneurship Summit
Posted On Tuesday, September 8, 2009 at by Sun Jun
The Go Negosyo "Sigaw ng Kabataan" Youth Entrepreneurship Summit is finally here! If you want to become an entrepreneur and to learn how to start your own business then this summit may just be the right one for you.
According to the Go Negosyo site, the Youth Entrepreneuship Summit is a one-day forum/expo which hopes to spark that entrepreneurial spirit among the youth. There’ll be forums with experienced Go Negosyo entrepreneurs and mentors who will be sharing tips and advice on opportunity-seeking, marketing, financing, product development, and all the basics of going into business. Government leaders will also be sharing their views on the need for entrepreneurship development in the country. Plus, we’ll be featuring possible businesses that the youth could go into.
Admission is free! See you at the SMX Convention Center, SM Mall of Asia, on September 11, 2009.
Admission is free! See you at the SMX Convention Center, SM Mall of Asia, on September 11, 2009.
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Starting a Photo Business (Go Negosyo Big Time)
Posted On Sunday, December 7, 2008 at by Sun JunIn this episode of Go Negosyo Big Time, hosts Chal and Eco take us into the Photography and Videography business.
Part 1: Talks about Mark Ups and Gross Profit Margin.
Part 2: Starting a Photo Studio Business
Part 3: Starting a Photo Studio Business (Niche market: Child Photography)
Part 4:Inside a Photo Developing Center Business
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The Franchising Business
Posted On Sunday, October 19, 2008 at by Sun Jun This episode of Go Negosyo Big Time answers most frequently asked questions about Franchising like 'What is Franchising?', 'What kind of business to franchise?', and 'What are the things to consider when getting a franchise?'.
What is Franchising?
"Franchise" is from the French word "free", is a method of doing business where in a Franchiser licenses trademarks and tried and proven methods of doing business to a franchisee in exchange for a regular payment and usually a percentage piece of gross sales or gross profits as well as the annual fees.
A franchise is a proven business formula that has a 90% success rate.
Branding Levels
1. Brand Identity
2. Brand Recognition
3. Brand Preference
4. Brand Loyalty
The higher in the levels the Brand you are trying to franchise, the more expensive it will be.
What are the things to consider when buying a franchise?
What are the things to consider when buying a franchise?
- Your personal trait. If you are very creative and entrepreneurial then franchising may not be for you.
- Choose a brand or product that you are passionate about.
- Know the franchise system.
- Know the financial strength of the company
- Know the life stage of the product
- Know the personality and virtures of the franchisor as well. Know whether they choose their franchisees wisely and if they have a good reputation.
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Entrepreneurs have high Adversity Quotients
Posted On Sunday, August 24, 2008 at by Sun Jun
Go Negosyo Big Time: Entrepreneur 101 (Part 3)
An Entrepreneur has a HIGH Adversity Quotient (AQ)
Adversity Quotient is the ability to withstand adversity and not give up. (Resilience in times of failure)
Wrong Mindset: People with stable jobs need not need start a business.
- Your lifestyle can improve for the better if you start a business even if you already have a stable job. And who knows how long that job will be available to you. It can be gone from your hands as fast as the following day.
"What separates a player from the bigger players is CREATIVITY."
Go make your first MILLIONS!
A True Entrepreneur is an Innovator
Posted On Saturday, August 23, 2008 at by Sun JunGo Negosyo Big Time: Entrepreneur 101 (Part 2)
A True Entrepreneur is an Innovator: He looks for new things to offer the market.
Reminder: Your innovation should make a difference in the market place and to your personal finance (earns you profit).
MYTH: You need MONEY to start a BUSINESS.
- Capital is not always in the form of CASH. This can be a service or talent that you can offer.
- You can also avail of an advance payment from your customer. (Customer advance)
Go Negosyo Big Time: Entrepreneur 101
Posted On at by Sun Jun
What is an Entrepreneur?
- An entrepreneur is someone who establishes a new entity to offer a new or existing product or even a service into a new or existing market whether for profit or non for profit outcome.
- A loan word from French, an investor.
- Anyone can operate like an entrepreneur.
- Entrepreneurs are not born, they are developed. It starts with the three foundations of self-mastery, enterprise mastery, and enviromental mastery.
- Maritess Vistal started her business with only 10,000 pesos!
- Leo Aday started his "Taho" business with only 15,000 pesos!
- Passion
- Sustainable Market
- Consistent Delivery of Product or Service
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Choosing the right target Market is very important! Wrong target market equates to a wrong medium of advertisement and a wrong business set-up.
