On June 13, 2018, Go Negosyo sa Radyo guest hosts Faith Salaver and Paulo Tibig were joined by HR Development Consultant & Mindset Guru Efren “Ping” Sotto, Success Options Inc. President Francis Kong, and GMB Franchise Developers President & Chairman Armando “Butz” Bartolome in this week’s father’s day special episode.
The three guests shared their experiences and challenges as father-entrepreneurs. Ping Sotto recounted the moment he realized that his time for his family is being tested when his kid was not able to include him in his greeting card on Valentine’s day. He then reflected and asked himself, “What is your why?” and came to the conclusion that he must give the kind of life that his family deserves.
Francis Kong, on the other hand, said that he employs a transactional approach even when at home. He lets his kids earn what they want so they would know the values of hardwork and perseverance.
Meanwhile, Butz Bartolome advised that all business matters should only be talked about at his office and not in his home as it would alienate his children. According to him, he does not bring up the business when he spends time with his family.
When asked about their experience as mentors, Mr. Sotto recalled that most mentees inquire what is the best business to start but often forget to ask what the mentees are best at. He discourages them to start a business just because it is a fad. Businesses must be founded on someone’s passion and interest.
Mr. Sotto also shared what he usually say to his kids. “Do not abandon your dreams; do your thing but [remember that this business] brings food on the table.” He also encouraged the listeners and aspiring entrepreneurs to try their hand in business while they are still employed.
As his parting words, Mr. Kong highlighted that “I am first and foremost a father”. He advised that fathers must give their kids the freedom to choose what they want and pursue their passion. The three guests were in agreement to never force the business into their kids and to let them decide what they want to become. “They have their own minds. Sell the concept to them,” Mr. Bartolome concluded.