Archive for May, 2015

Financial Literacy for our Youth Advocacy

Thursday, May 28th, 2015
Mr. Edward Lee, chairman and founder of COL Financial group, believes that every Filipino deserves to be rich!

Mr. Edward Lee, Chairman and founder of COL Financial group, believes that every Filipino deserves to be rich!

Looking back at the days when we were planning for the Building Enterprising Students for Tomorrow (BEST) Program, we considered many ways on how we can equip and empower these bright and outstanding students for their future. We bank on them to have a multiplier effect as they become future leaders and cascade the learnings to others.  We knew that aside from the inspiring stories of many successful entrepreneurs, we have to empower them with several tools and knowhow on entrepreneurship, leadership and now with financial literacy.

 

Last week, we were fortunate to combine related topics on finance and entrepreneurship as we had a lively session on “Money Matters” with our Angelpreneurs Dean Pax Lapid, Armand Bengco, and Mon Abrea, who discussed their expertise on entrepreneurship, personal finance and tax 101 respectively. We were also blessed to have no other than the Chairman and Founder of COL Financial Group, Mr. Edward Lee who shared his wisdom on how one can build wealth, especially thru the power of investing.  

 

It was a pleasant surprise to know that Edward has his own advocacy that he does himself.  He believes that every Filipino deserves to be rich.  He sets aside about 2 days a week to give free seminars on finance and investment right in their office at Tektite Tower, to educate the public on how they can maximize their money through investing.   

 

We have seen a lot of famous celebrities, even sports legends, business people on how they earned hundreds of million pesos, only to lose it after a few years.  Such a waste and too much money down the drain. Only because they did not have the mindset and knowhow on how to create wealth, a wealth that lasts and grows even more.

 

Basic Laws that Edward shared are Save (10-20% of income), Invest, and Reinvest earnings to benefit from the power of compounding.  If we look at investing, there are many options for investments.  Either you invest in a business yourself, or you invest in other’s businesses.  There are various investment options to choose from, depending on one’s risk appetite, and knowhow on how they work.  We saw the various Annualized Return from 2003-2014.  Stocks appreciated on the average by 19.6%, Bonds by 8.7%, T-Bills by 4.2%.  And of course, we compare this with how much the value of money is lost on the average due to inflation, which averaged 4.7% per year.

 

There are ups and downs in the equities market but Edward showed how corrections and dips, for the overall stock index in the short term rebounded to higher levels in the long term. The long-term trend line is sloping upward.  Dips and corrections are needed to have higher returns.

 

When people hear about stocks, they usually think it is for the rich and wealthy as it requires a big amount of investment.  This misconception has been clarified as one can start investing in companies’ stocks with P5,000.00.  This might still be a big amount for some but when one can save say, P500-P1000 from his or her salary, in just a few months, one can have the money for investment. He told the story of his driver who was taught to invest in small amount every month in the stock market, and how that amount appreciated by about 50% in one year. He shared that method of Peso Cost Averaging which is a personal wealth-building strategy that involves investing a fixed amount of money at regular intervals over a long period of time.  They just have to learn to buy more when prices are low, and buy less when it’s high.

 

With the proper education in financial literacy and investment, any individual can save money and grow his wealth. Opportunities abound, especially as we know that the Philippine economy continues to grow, more so with the young demography and growing middle class propelling even more the growth momentum.  We have observed a growing middle class as employment around the country grows with the surge in BPOs, adding to the benefits of growing remittances from OFWs and the faster growing regional economies as consumption power are enhanced in the provinces.  It has become a virtuous cycle.

 

More importantly, Edward also shared his core values toward success: Relationship (Build business thru good relationship with people, your network and stakeholders and customers); Integrity; Ability to Evolve and Innovate; Financial Literacy; and Dream with Purpose (how to better the lives of others). I share in his core values as these are much grounded and the real fundamentals also to me if one were to achieve success with happiness.

 

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Go Negosyo also conducted the Negosem last Friday with Entrep Champ Paulo Tibig and Glen Baticados, and the other day the Magandang Business Advice (MBA) on Marketing and Innopreneurship, with marketing Guru Josiah Go.  I shall share the learnings in those sessions in our next columns.

 

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In the photo: Mr. Ramon Lopez (Go Negosyo Executive Director) and Mr. Geoff King (Australian Embassy Development Cooperation Counsellor).

In the photo: Mr. Ramon Lopez (Go Negosyo Executive Director) and Mr. Geoff King (Australian Embassy Development Cooperation Counsellor).

We are happy to seal also the partnership with the Australian Embassy, as we work on mounting a Webilogue (Web dialogue) seminar that will help prepare the SMEs to maximize the gains from the ASEAN Economic Integration and other Free Trade Agreements.  Thanks to Development Cooperation Counsellor Mr. Geoff King and Minister Counsellor and Senior Trade Commissioner Anthony Weymouth for being our co-presentors in this program.

FEU Institute of Technology and Go Negosyo Host Technopreneurship Conference

Friday, May 22nd, 2015

 

•GoNegosyo crowd shot with the speakers and FEU Institute of Technology Students

• GoNegosyo crowd shot with the speakers and FEU Institute of Technology Students

The Far Eastern University Institute of Technology’s Information Technology Education Department and Industry-Academe Linkage, Alumni and Placement Office (IALAP) in cooperation with GoNegosyo held a Technopreneurship Conference at the FEU Institute of Technology Multipurpose Hall last April 29, 2015.

The student conference was attended by over 150 students taking up Information Technology, Computer Science and other technology-related courses.

FEU Institute of Technology BSIT program Officer-In-Charge, Ms. Irish Juanatas opened the event as she welcomed the participants and the speakers. It was then followed by GoNegosyo’s Program Development Manager, Mr. John Paul Uminga who gave a brief background on GoNegosyo advocacy. Mr. Uminga also served as the conference facilitator.

The open forum is moderated by Mr. John Paul Uminga (right most) together with the speakers (from left to right) Ms. Beverly Tantiansu, Mr. Ragde Falcis and Ms. Aisa Mijeno.

The open forum is moderated by Mr. John Paul Uminga (right most) together with the speakers (from left to right) Ms. Beverly Tantiansu, Mr. Ragde Falcis and Ms. Aisa Mijeno.

During the conference, technology start-ups shared their entrepreneurial journeys as Ideaspace’s qualifying companies, they are Mr. Ragde Falcis, Chief Technology of Office of FlipTrip.ph and Ms. Aisa Mijeno, Chief Executive Officer of SALt: Sustainable Alternative Lighting. Smart Communication’s Senior Business Analyst and Ideaspace mentor, Ms. Beverly Tantiansu presented Ideaspace and gave practical advice in what angel investors and accelerator would look for start-ups.

To cap the session, the Southeast Asia Mobile Application Challenge Philippine winners and representatives to the Singapore finals (Volo and HIA) presented their application pitch to give the students a glimpse during the last run of the competition.

PA de Guzman, GoNegosyo’s Programs and Marketing Officer encouraged students and teams to think of problems that can be solved by mobile applications.

Amazing Philippines

Thursday, May 21st, 2015
My family and friends with Italian Amb. Massimo Roscigno.

My family and friends with Italian Amb. Massimo Roscigno.

For many years, my family and I always make sure to have time to visit the different provinces and islands in the country. It has always been our commitment to explore more of what we have here in the Philippines before exploring the countries abroad. I have also seen wonderful places abroad but I have always believed that Philippines is one of the most beautiful countries in the world and we are blessed to have sceneries and landscapes that are definitely breathtaking and awe-inspiring.

Other countries may have well-structured oceanariums and water theme parks, but for the Philippines, real life marine biodiversity is available for all who want to experience it outside aquariums. Aside from the variety of marine life and resources, we also have pristine and stunning beaches which we can offer to the world.

This year, we took our family and friends around Visayas with Cebu as the center of our route. We travelled all the way to Cebu to visit islands such as Siquijor Island; Balicasag and Cabilao islands in Bohol; Kalanggaman Island in Leyte; and Sumilon Island which is near Oslob; and Malapascua. This is the best route for those who are looking for the best marine sanctuaries in the Philippines.

We also had a chance to invite the Italian Ambassador Massimo Roscigno and his wife and daughter to join us in our Bella adventure trip. It was his first time to visit Oslob where the famous whale sharks visit a small cove daily. He was extremely amazed in seeing the majestic whale sharks swimming freely. The Oslob area is an amazing site and our encounter with the famous butandings is definitely a great one!

With Italian Ambassador Massimo Roscigno and entrepreneur Alfredo Malasomma in Moalboal.

With Italian Ambassador Massimo Roscigno and entrepreneur Alfredo Malasomma in Moalboal.

Then, we went to Moalboal, western area of Cebu, where we saw another fantastic diving site. Moalboal offered us a large school of sardines which is just 15 feet away from the shore. The school was like close to a million sardines and forms a huge dark cloud-like shape under the water. It is also in Moalboal where we met Italian entrepreneur Alfredo Malasomma who owns several resorts and restaurants. His restaurant in Moalboal is Marina Cucina Italiana and offers Italian, German and Filipino cuisines. This restaurant is a sister-restaurant of their La Tegola restaurants found in Cebu City which offers authentic Italian cuisine in its 4 branches. Alfredo and his family have been in the country for more than 25 years now and are enjoying the Philippine beach and marine life.

We also visited Balicasag Island in Bohol where we enjoyed the company of jacks and sea turtles. Another island we visited was the famous Malapascua where we saw not just one thresher shark but close to 5 sharks and manta rays.

My brother John who was enjoying the early morning sun spotted a huge sperm whale. A very rare opportunity to see one in the Philippines.  We also got to see a group of dolphins as we sailed through the Visayan waters.

As we enjoyed the seas of Visayas, Amb. Roscigno.and I had a good discussion on our entrepreneurship advocacy of Go Negosyo.  I shared that we have been doing this for the past 10 years trying to build a country of enterprising Filipinos, inspiring and empowering them with knowledge thru the various summits, seminars, television and radio shows and also books.

Aside from the recent fight of Pacquiao and Mayweather, the international community also recognizes the country’s stellar economic performance and growth resulting to more foreign investors. The Ambassador shared that Italy and Philippines have many similarities especially when it comes to the micro and small businesses that abound our countries. He then mentioned that Italy also started with many micro and small entrepreneurs. You can see all over Italy many restaurants, retail stores, tourist centers and even agricultural businesses owned by generations of families.

I realize that the potential for ecotourism is tremendous. We see more and more local fishermen who value and care for the living treasures of the sea since the sea has been a source of livelihood for them.  With proper maintenance and management, ecotourism in these areas will prosper and can help the locals establish businesses such as restaurants, resorts, hotels, among others. This will surely lead to a more robust tourism industry, with more foreign visitors and travellers from different countries.

With that, we must all protect, conserve and properly appreciate the abundance of our great marine treasures.

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Go Negosyo will be having another Negosem, Negosyo Basics tomorrow, May 22, 2015. Learn key negosyo concepts and principles from Go Negosyo mentors and be more informed about running your business!

Also, another Magandang Business Advice (MBA) will happen on Monday, May 25, 2015 with the Marketing Guru, Mr. Josiah Go. This is a four-hour training on marketing and innopreneurship intended for micro, small and medium entrepreneurs in the Philippines. Participants are expected to gain insights and practical strategies on marketing and the importance of innovation in any entrepreneurial endeavor.

For more information, visit www.gonegosyo.net or call 6379347/6379229.

 

Negosyo Centers FAQs

Wednesday, May 20th, 2015

JAC-BAM

1. What are Negosyo Centers?
To be established under the supervision of DTI and the MSMED Council, Negosyo Centers are convergence points for the DTI, LGUs, and the private sector to (1) promote ease of doing business, and (2) ensure access to services for MSMEs within its jurisdiction.

The Go Negosyo Law or RA10644 mandates the creation of a Negosyo Center in all provinces, cities, and municipalities. The MSMED Council shall approve a multi-phase plan to roll out Negosyo Centers in all of these localities.

2. What are the different roles that DTI, LGUs, and the private sector will play?
DTI shall be the lead implementing agency for the establishment, management, and personnel assignments of Negosyo Centers.

Meanwhile, the law mandates that LGUs coordinate with the local DTI in the processing of different permits and licenses, and for other business development services to support MSMEs.

The private sector, especially the business community and the academe, is encouraged to coordinate with DTI to support the delivery of services.

3. What are the services offered by the Negosyo Centers?
DTI organized the functions mandated in Section 4 of RA10644 into four different categories of services that should be available in all Negosyo Centers:

Business Registration (functions c, d, e, and g in RA10644)
Facilitate business registration through the Philippine Business Registry including those for (1) Barangay Micro Business Enterprise registration, (2) Business Name registration, (3) Business Permit Registration; with the goal of also processing other permits and licenses businesses need to acquire.

Business Advisory Services (functions b, k, n, o, h, j, and s)
Provide free one-on-one advisory services to MSMEs tailored according to their needs including access to financing, market promotion, training and mentorship, and other business development services, investment facilitation, financial management.

Business Information and Advocacy (functions p, q, a, i, l, and m)
Provide access to information on markets, suppliers, buyers, government assistance programs, and other relevant information.

Monitoring and Evaluation (functions f, and r)
Track the progress of MSMEs and their development.

4. What should one see inside a Negosyo Center?
DTI has identified four types of Negosyo Centers with corresponding facility and personnel requirements:

Model A: A facility ideal for provinces, cities, and first-class municipalities with 3 to 5 business counselors plus support staff. Facility includes a reception area (receiving counter, PBR kiosk, computers, lounge, and library), consultation and meeting room, working area, and a training room

Model B: A facility ideal for second-class municipalities with 2 to 3 business counselors plus support staff. Facility includes a reception area, consultation and meeting room, and working area.

Model C: A facility ideal for third- to fourth-class municipalities with 2 business counselors plus support staff. Facility includes reception area and 3 desks.

Model D: A facility ideal for fifth to sixth class municipalities with 1 desk officer LGUs and the private sector are encouraged to assign personnel to support the Negosyo Centers. They are also allowed to host the facility should they have available space that is accessible to more entrepreneurs.

LGUs and the private sector are encouraged to assign personnel to support the Negosyo Centers. They are also allowed to host the facility should they have available space that is accessible to more entrepreneurs.

5. What services are NOT offered by a Negosyo Center?
The Negosyo Centers do not provide any form of capital or financing, including those in the form of grants, equity, or loan financing. However, they are expected to help MSMEs get access to financial service providers relevant to their needs.

It also does not provide manpower pooling or deployment services as it caters to entrepreneurs and not job seekers.

6. What are the steps to take in establishing a Negosyo Center in my area?
Leaders from the local DTI office, the LGU, the business community, the academe, the financial services sector and the rest of the private sector can come together in a stakeholders meeting to secure everyone’s commitment. They then identify each of their roles and responsibilities and articulate these in a memorandum of agreement. A commitment ceremony may be held to rally the general public towards their Negosyo Center Launch Event. Representatives are then invited to a Learning Workshop where they can dive deeper into the operational details of managing and sustaining an effective Negosyo Center.

7. What if an LGU has something similar already?
We can encourage the LGU to upgrade their existing business development center into a Negosyo Center that is strongly linked to DTI and other partners so that it can offer a wider range of services.

8. How are Negosyo Centers funded?
For 2015, Negosyo Centers are funded through the budget of DTI. LGUs are encouraged to support their own Center by allocating their own manpower and financial resources as well.

 

The Great Equalizer

Thursday, May 14th, 2015
Agripreneur Brian Belen and Angelpreneur Victor Madlangbayan joined Go Negosyo's Executive Director, Ramon Lopez in a short discussion in the "Panalo ang May Alam" Program of SMART, Talk and Text and Internet.org.

Agripreneur Brian Belen and Angelpreneur Victor Madlangbayan joined Go Negosyo’s Executive Director, Ramon Lopez in a short discussion in the “Panalo ang May Alam” Program of SMART, Talk and Text and Internet.org.

Empowering those who have less and building an entrepreneurial culture to give a chance for all Filipinos to beat poverty and move up in life is our passion and mission. In our own small way, it is a privilege to share knowhow and information, which would not have been available, to the grassroots communities. 

 

The other day, despite the long travel, we were fortunate to reach out to the communities around Boljoon, Cebu. We got to dialogue with over 500 farmers and micro entreps.  Boljoon is a lovely community south of Cebu city, with heritage churches and sites, rich marine sanctuary and beautiful beaches and beside the town Oslob where popular whale sharks are. Ecotourism and farming are key industries in the area.  We partnered with like minded Smart-Talk and Text which has a great campaign ‘Panalo ang May Alam’ to bring knowhow and information through free internet to all. This is also partnered with internet.org initiated by Mark Zuckerberg of Facebook which aims to provide connectivity to more and more people all over the world – thereby providing enabling tools they can use in their everyday lives and for their businesses.

 

Our Executive Director Mon Lopez shared the importance of having the right mindset and knowhow and key strategies on how they can be ‘smartpreneurs’. He also shared the many solid opportunities in ecotourism and agribusiness for their communities. Mon was joined by our Programs head Jap Uminga, together with Angelpreneur Victor Madlangbayan and agripreneur Brian Amante Belen of Ato Belen Farm who also shared how-to’s in product development and organic farming. Smart group was led by Nikko Galvez and Sharon Bejer.  

 

Continuous learning, knowing what the market wants/needs, trends that can lead to big ideas and innovations are important in growing our businesses and our programs thus complement the campaign of Smart as they facilitate access to these information via free internet.  It thus enables anyone even in the rural areas to be at par with the big guys when it comes to capabilities, knowhow and information. This to us is the greatest equalizer.

 

I remember Doy Vea, founder of Smart and one of long-time advocates of Go Negosyo, revealing to me a few years ago his vision to give internet access to all to empower everyone, when access then was limited to the privileged few who have computers and internet connection. He has long pursued this cause and I believe he is now seeing his dream come true as access is getting easier and easier with more affordable mobile phones, even priced at P2,000 or below, which can access the internet. Computers and laptops are no longer the only means to gain internet access.  

 

Subscribers of Smart, Talk N Text and Sun can access very helpful sites such as search engine Bing, news sites, our media partners Rappler and Philstar, TESDA, OLX and even AccuWeather which is also a disaster response tool. The GoNegosyo website will also also be available in the coming months.

 

The bottom of the pyramid and rural folks are now empowered to pursue their dreams and goals.

 

 

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As Go Negosyo celebrates its 10th year this year, we level-up our seminars and sessions with new programs such as the Building Enterprising Students for Tomorrow (BEST).  We shall mount our 3rd session next week that will answer all the questions regarding “Money Matters” and will cover topics which include Entrepreneurship, Personal Finance, Investment Options and Tax 101. We are having Angelpreneurs Dean Pax Lapid, Armand Bengco, Mon Abrea and no other than the Chairman of Citisec Online (COL) Mr. Edward Lee. The BEST program is given free to the students of colleges and universities in the country.  

 

We shall also conduct on May 25 our Magandang Business Advise (MBA) with the marketing guru Josiah Go who has continued to volunteer for our cause in helping micro SMEs level-up in marketing and innovation.  Josiah has helped many SME’s for free as they are advised on how to improve on their business models.

 

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Brother Philippines is now one of the partners of Go Negosyo! (In photo) L-R Ramon Lopez, Joey Concepcion, Brother Philippines Managing Director Glenn Hocson and Marketing Manager Lalaine Mesina.

Brother Philippines is now one of the partners of Go Negosyo! (In photo) L-R Ramon Lopez, Joey Concepcion, Brother Philippines Managing Director Glenn Hocson and Marketing Manager Lalaine Mesina.

Recently, we have welcomed a new partner to the Go Negosyo community. Brother Philippines headed by its Philippine Managing Director, Mr. Glenn Hocson.  Marketing manager, Ms. Lalaine Mesina joined him in making Brother Philippines an enabler to many SMEs thru office equipment like multi-function printers, copiers and fax machines, and even negosyo tools like home sewing machines and labellers alike.  I was pleased to learn that for some years now, Brother has been the market leader for sewing machines in the country. We are looking forward to this partnership and we are glad to have Brother Philippines on board.

NCR Outstanding Students Commit to Everyday Heroism

Monday, May 11th, 2015
The 10 regional awardees of TOSP NCR. In photo: John Paul Sawali, Raphael Aaron Letaba, Gregg Luoise Tolentino, Joyce Gillian Tiam-Lee, Maria Stephanie Gana, Peter Rico Wong, Jefferson Dave Guimpayan, Joshua Tricia Diaz, Jean Claudette Galvez, and Ryan Carl Yu.

The 10 regional awardees of TOSP NCR. In photo: John Paul Sawali, Raphael Aaron Letaba, Gregg Luoise Tolentino, Joyce Gillian Tiam-Lee, Maria Stephanie Gana, Peter Rico Wong, Jefferson Dave Guimpayan, Joshua Tricia Diaz, Jean Claudette Galvez, and Ryan Carl Yu.

With this year’s theme ‘Everyday Heroism’, the Ten Outstanding Students of the Philippines (TOSP) NCR continues to encourage everybody to go forward and embody an everyday heroin their respective fields; to do, give, and share their talents and abilities despite their circumstances. Through this, the country can and will rise one hero at a time.

The 20 regional finalists in the annual search for TOSP-NCR are themselves stories of inspiration. Through their academic excellence, leadership and social responsibility, they have proven that being young does not stop them from making a difference and that most times, heroism is in the daily and ordinary.

This year’s 20 finalists are: Ma. Charmaine Banzuelo (Assumption College), Joyce Gillian Tiam-Lee and Ryan Carl Yu (Ateneo de Manila University), Allyn Ethel Escudero (Centro Escolar University-Manila), Samantha Christel Gaerlan and Gregg Luoise Tolentino (De La Salle University), Maria Stephanie Gana, Christopher Valentin and Kleo Alitalia Sianghio (Far Eastern University-Manila), Pierce Dominique Miralles (FEU Institute of Technology), Jefferson Dave Guimpayan (Lyceum of the Philippines-Manila), French Kim Bernales and Jefferson Mendez (Polytechnic University of the Philippines-Manila), Gabriel Eric Villanueva (Treston International College), Joshua Tricia Diaz, Jean Claudette Galvez, and Peter Rico Wong (University of Santo Tomas), Ma. Roa Dellomas (University of the East-Caloocan), and John Paul Sawali and Raphael Aaron Letaba (University of the Philippines-Diliman).

Before the interview and judging, the regional finalists went through a three-day formation program facilitated by TOSP-NCR alumni. A trademark of TOSP, the three days were centered on humanizing the finalists as achievers, building the community, and understanding the challenges in the region and responding to the call of nation-building.

Over those three days, they had an exposure trip at the New Bilibid Prison, and sharing sessions with notable young alumni of TOSP-NCR: Kenneth Abante of the Department of Finance and Delfin Villafuerte of Teach Philippines’ inaugural batch of fellows.

Ms. Sonia Malasarte-Roco delivers the keynote address.

Ms. Sonia Malasarte-Roco delivers the keynote address.

This year’s members of the Board of Judges are Sonia Malasarte-Roco (TOSP 1964), a pioneer in the development sector and Executive Director of Student Catholic Action of the Philippines; Diosdado Domingo of the Armed Forces of the Philippines; Raymund Abrea of the Center for Strategic Reform; Candy Sotto of IBM Solutions Delivery Inc., and Dr. Madelaine Valera, former Undersecretary of the Department of Health. Valera also chaired this year’s Screening Committee.

The awarding ceremony was held at the Fuller Hall of the Asian Institute of Management (AIM), May 9, Malasarte-Roco delivered the keynote address.

This year’s TOSP NCR awardees are: Joshua Tricia Diaz, Jean Claudette Galvez, Maria Stephanie Gana, Jefferson Dave Guimpayan, Raphael Aaron Letaba, John Paul Sawali, Joyce Gillian Tiam-Lee, Peter Rico Wong, and Ryan Carl Yu.

Since Jose Concepcion Jr. founded it in 1961, the TOSP program has honored graduating college students who have not only excelled academically but have also made a difference in their respective communities, organizations, and fields of interest.

The TOSP NCR Regional Search and Formation Week was made possible through the efforts of the TOSP-Alumni Community NCR combined with those of its partners: RFM Foundation and Corporation, Philippine Long Distance Telephone Company (regional champion), Commission on Higher Education, TOSP Alumni Community (national), and its sponsors: Sta. Elena Construction and Development Corporation, Chevron, W Group Inc. the Alumni Association of AIM, Aficionado, Food Asia Corporation, Kettle Korn, Go Negosyo, Felta, Oryspa and the Association of Filipino Franchisers, Inc.

Magandang Business Advice (MBA) Program: Tax for Entrepreneurs

Thursday, May 7th, 2015

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PROGRAM DESCRIPTION:
This is a four-hour training on tax awareness for entrepreneurs and professionals who would like to gain insights on how to enjoy a tax-free lifestyle – a lifestyle not free from taxes but from unnecessary penalties and compromises. Participants will have better understanding of our tax system and its impact in doing business in the Philippines.

DATE AND VENUE:
15 June 2015 (Monday), RFM Auditorium, RFM Corporate Center, Sheridan cor. Sts. Mandaluyong City

mon_abreaABOUT THE SPEAKER:

MON ABREA

He is the founding president of Center for Strategic Reform of the Philippines (CSR Philippines), an organization that seeks to empower the fast-growing sector of Filipino micro, small and medium enterprises (MSMEs) and serves as Think Tank of the Office of the Senator Bam Aquino. Concurrently, he serves as Chief Strategy Officer of the country’s premiere social enterprise in strategic finance and tax advisory for SMEs, the Abrea Consulting Group (ACG). ACG offers game-changing strategies to help SMEs hit their bottomline while living and enjoying a tax-free life.

He recently joined a roster of 2015 Asia Young Leaders in the country being recognized as one of the distinguished global young leaders during the Asia CEO Awards 2013 and recipient of the 2015 Distinguished Bedan Award in the field of Accountancy. He is also the author of the bestselling tax handbook “Got a Question About Taxes? Ask The Tax Whiz! : Most Frequently Asked Tax Questions in the Philippines.”

WHO SHOULD ATTEND THE SEMINAR:

– Aspiring entrepreneurs who are planning to venture their own businesses and need to be geared up with the knowledge on taxation
– Aspiring entrepreneurs who would like to dip their knowledge first into taxation
– Practicing entrepreneurs who would like to expand their knowledge about taxation
– Both aspiring and practicing entrepreneurs who are having difficulties in understanding the basic forms of taxation in the Philippines
– Individuals who would like to think of taxation a less burdensome responsibility

HIGHLIGHTS OF DISCUSSION:
– Quick Tax Survey
– A Blueprint of Genuine Tax Reform
– 5 Tax Issues
– Most Frequently Asked Questions answered

LEARNING INVESTMENT:
Learning fee is one thousand five hundred pesos only (P1,500.00) to include one (1) Go Negosyo book, “21 Hakbang sa Pagsisimula ng Sarili Mong Negosyo” and Mr. Mon Abrea’s bestselling tax handbook, “Got A Question About Taxes? Ask the Tax Whiz! Rappler Edition,” and a Certificate of Completion.

Regular Rate: P1,500.00
Early Bird Rate: P1,200.00 (paid on or before May 29)
Students/Teacher’s Rate: P1,200.00 (with valid school ID)
For registration assistance and for your other inquiry, contact Nadine Lizaso, Programs Development Associate through (02) 632-9501 local 7712.

Deadline of Registration is until June 10. To REGISTER sign up at http://tinyurl.com/MBA-Tax101

** If you have trouble viewing or submitting this form, you can fill it out online: https://docs.google.com/forms/d/1eihIvsgBngpJD6kKHLEe-ppelFg6wuSBMb_VduMXaiQ/viewform

PAYMENT DETAILS:

Bank Details
BANK: BDO- Pioneer Highlands Branch
ACCOUNT NAME: Philippine Center for Entrepreneurship Foundation Inc.
SAVINGS: 485-0088492

TERMS AND CONDITIONS:
In case of refunds, cancellation, and substitution:
– Refunds will be honored if we received a written notice of cancellation 30 days prior to the event and must be emailed at gonegosyoacademy.pce@gmail.com
– Cancellation received less than 30 days prior to the event will be charged 20% of the total learning investment fee while those received one (1) week prior will be charged 50%.
– Refund is unacceptable made for cancellations after the stated deadline.
– Substitution is possible but only upon the advice of the original attendee. The original participant can email the details of the representative.

Reminder: As proof of payment kindly email a copy of the deposit slip to gonegosyoacademy.pce@gmail.com with the SUBJECT: MBA TAX/JUNE15 (Last Name, First Name). Please bring your deposit slip at the registration booth on the day of the event.

GOING TO THE VENUE:
Address: RFM Auditorium, RFM Corporate Center, Pioneer cor. Sheridan Sts., Mandaluyong City

How to get there: From north bound EDSA, turn right to Pioneer. You will find a 7-Eleven and Joey Pepperoni on the ground floor.
Parking: There is parking area behind the RFM building. There is a gate located beside 7-Eleven or you can turn right on Sheridan St. and you’ll find the parking entrance on the left side.

DOWNLOAD Working Program HERE
DOWNLOAD Conformation Slip (NGOs & LGUs) HERE 
DOWNLOAD Conformation Slip (Government & Private Sectors) HERE 

Winning Life’s Battles

Thursday, May 7th, 2015

Pacquiao
Last Sunday, the Philippine nation was saddened with the loss of our country’s “Fighting Pride”, Manny Pacquiao to Floyd Mayweather. Days have passed, but it might take a while before we can move on from this match between our own PacMan and Mayweather.

Despite being the underdog in this fight, I did place a bet on Pacquiao because like many, I believe that our “Pambansang Kamao” still has a good chance of winning. There is the Filipino attitude in us that positively roots for his fellow country man despite the odds. Watching the fight from beginning to end however revealed that Mayweather indeed has an advantage. He was the smart fighter and used the boxing rules to his advantage. He was smart enough to use his solid defensive stance every time Pacman was on the attack, knowing that he could be knocked out by the forceful punches. He was smart enough to run or hug to break the flurry of blows, but would jab and punch to score. He was also smart by not fighting Manny during his prime years and surely, if this “Fight of the Century” happened 5 years ago, Pacman would have knocked him down.

Let us remember that Manny has come a very long way. Before he became one of the world’s greatest boxers, he had experienced early combats and battles. Born in a small village in Kibawe, Bukidnon, Pacquiao knew that their life will be filled with hardships. He had shared in many interviews that there was a time when his parents are jobless and that they have no home. He would even walk the streets to earn a few pesos or else, they cannot have one meal. Driven by their difficult and trying situation, young Manny Pacquiao left their hometown and boarded a ship to Manila with only a few coins and clothes. Then at 16, he entered the professional boxing scene as a junior flyweight. From then on, Manny Pacquiao is a name to remember. He had made his mark, leaving a resounding name in the boxing arena every time he fights. And as they say, the rest is history for this athlete from Mindanao.

One can never imagine that someone who has been fighting all his young years in the small province in the southern part of the Philippines, will now experience the respect and admiration of the whole world. The fame, fortune and glory that he’s experiencing are caused by his determination and passion and his wholehearted representation of the Filipino people.

This is the same with many entrepreneurs who rose from poverty. The rags to riches story is not new to many entrepreneurs. We have learned of their stories and are inspired by their values which helped them reach their goals and dreams today.

Let me relate Pacman’s qualities to those of an entrepreneur. We have seen the fighting mentality of Pacman in all his battles. His never-say-die quality is admirable and entrepreneurs must learn from this as they face challenges and trials in their entrepreneurial journey. Start-ups may experience struggles from the start but the Go Negosyo mentality, the positive and encouraging outlook can help them. This is also where passion comes in. When PacMan was starting, he was aware of the problems he left behind, but these does not stopped him instead his passion for this sport and his determination to rise above adversities pushed him further ahead. We must learn from him. We might think that problems will hold us back but if we look at it from a different perspective, we can see that these can be the launch pads, the jumping boards and spring that can help us advance in the future.

Every boxer or athlete in the world passes through an intense training before entering a match. Relating this to entrepreneurs, preparation is key. They too are encouraged to pass through training on the skills and management areas. We all need our mentors and our own “Coach Freddie Roach”. These mentoring sessions with established entrepreneurs which we provide can guide starting entrepreneurs on how they can survive the battle and excel in the business world. It’s challenging, like all fights and matches, but with the right preparation and continuous learning, they can emerge as victors.

Also, Manny always had to deal with competition.  He reads his competition well, what his moves will be, what his reaction will be and Manny has to prepare for what will his competitor do.  In the market place many years back, it was Magnolia that was the most dominant ice cream brand, until one day, it faced strong competition from our Selecta ice cream, a brand we bought in the late 80’s.   It was a crazy idea to challenge Magnolia at that time but we prepared intensively and continued to level-up the business, and today Selecta, our joint venture with the Unilever group, is the most dominant ice cream company in the country. In the field of competition, sustaining the winning attitude and skills, knowing the environment and having a better offering and advantage are always the key factors to success.

Each one of us is definitely a fighter in our own field. A Manny Pacquiao in our own way. Be it in a boxing ring or as “negosyantes” in the market place, we must always possess the Filipino fighting spirit coupled with positive mindset and trained knowhow, so we can all bring home our title belts and likewise continue to inspire and give back to others.

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Happy birthday to one of the staunch supporters of Go Negosyo, Sen. Bam Aquino who is celebrating his birthday today. We are grateful to have you as part of the Go Negosyo family throughout the years and we thank you for coming up with the Go Negosyo Act as a support to all entrepreneurs!

 

Mastering the Digital Wave

Monday, May 4th, 2015

The heat is on and the summer is in full blast as we head on to the month of May! And the better way to enjoy the season is to enjoy the sun, the sand, and the sea! It’s also a time to still acquire knowledge and learn new skills.

We too in the business community had a great experience as we learned emerging trends together with solid business values amidst a beautiful setting. PLDT made digital waves as they launched their Tech Island 2.0 recently in Subic last April 15 & 16. PLDT, which is one of our valued partners in empowering SMEs, made sure that the second wave is bigger and better for digital surfers!

More than 300 entrepreneurs and business leaders and about two thousand techies and geeks joined the two day-conference opened by PLDT’s First Vice President and Head of SME Business Kat Luna-Abelarde.

Polly Nazareno, PLDT Group president and CEO, despite having the digital age for quite some time now, there are still a lot of ‘digital migrants’, those who are still acquiring skills in the digital age, who need to learn more about the borderless world of digital.

For Eric Alberto, PLDT Executive Vice President and ePLDT President and CEO, shared that with the power of PLDT, the leading digital dependable partner of many SMEs, businesses can definitely level up as they can also provide them with premier cloud storage and M2M solutions.

Innovator of social media and journalism, Maria Ressa shared that with the advent of digital technology, the consumers of news and public affairs can also become producers as they can easily share news and information through the help of the internet.

His Eminence Cardinal Luis Antonio Tagle also graced the conference to provide his wisdom on what makes a Transformational Leader.

The knowledge-filled sessions also included a forum with MVP Bossing and Golden ABC’s President and CEO Bernie Liu, Digital5 and TV5 Head of Sports coach Chot Reyes, and PLDT Communications and Energy Ventures, Inc. President and CEO and SMART Communication’s Chief Wireless Adviser Doy Vea, which was moderated by Atty. Mike Toledo, head of MVP Group Media Bureau. They have shared their insights on how Filipino SMEs can conquer the world with their high-quality products and services through the help of digital strategies.

The second day provided several break-out sessions that empowered a lot of business owners and IT practitioners on how they can master the digital wave and lead breakthrough programs.

Digital will be the new platform for innovation and creativity. We must all ride the digital wave and surf through the wonders of digital era!

Tourism, faith and technology: Robert Garcia, Chair of Subic Bay Metropolitan Authority; Polly Nazareno, President and CEO of PLDT Group; Cardinal Luis Antonio Tagle; Eric Alberto, Executive Vice President and Head of Enterprise and International and Carrier Business of PLDT Group; and Kat Luna-Abelarde, First Vice President and Head of SME Business of PLDT Group.

Tourism, faith and technology: Robert Garcia, Chair of Subic Bay Metropolitan Authority; Polly Nazareno, President and CEO of PLDT Group; Cardinal Luis Antonio Tagle; Eric Alberto, Executive Vice President and Head of Enterprise and International and Carrier Business of PLDT Group; and Kat Luna-Abelarde, First Vice President and Head of SME Business of PLDT Group.

Innovator of journalism and social media, Maria Ressa shares the personal story of Rappler and how it surpassed barriers of traditional media presentation.

Innovator of journalism and social media, Maria Ressa shares the personal story of Rappler and how it surpassed barriers of traditional media presentation.

 

MVP Bossing and Golden ABC’s President and CEO Bernie Liu, Digital5 and TV5 Head of Sports coach Chot Reyes, PLDT Communications and Energy Ventures, Inc. President and CEO and SMART Communication’s Chief Wireless Adviser Doy Vea, and  Atty. Mike Toledo, head of MVP Group Media Bureau all agreed that there is no template to success in business.

MVP Bossing and Golden ABC’s President and CEO Bernie Liu, Digital5 and TV5 Head of Sports coach Chot Reyes, PLDT Communications and Energy Ventures, Inc. President and CEO and SMART Communication’s Chief Wireless Adviser Doy Vea, and Atty. Mike Toledo, head of MVP Group Media Bureau all agreed that there is no template to success in business.

Albert Yao and Myrna Yao of Richprime Global.

Albert Yao and Myrna Yao of Richprime Global.

Bossings Nelson Par and Siu Ping Par of PR Gaz Haus.

Bossings Nelson Par and Siu Ping Par of PR Gaz Haus.

Bossing Les Reyes of Reyes Haircutters, Bossing Rey Lapid of R. Lapid's Chicharon and Barbecue, and Ramon Lopez of Go Negosyo.

Bossing Les Reyes of Reyes Haircutters, Bossing Rey Lapid of R. Lapid’s Chicharon and Barbecue, and Ramon Lopez of Go Negosyo.

Bossings Louie and Dulzzi Gutierrez of Silverworks with Bossing Genevieve Ledesma-Tan of Southville International School.

Bossings Louie and Dulzzi Gutierrez of Silverworks with Bossing Genevieve Ledesma-Tan of Southville International School.

Earl Valencia, co-founder and president of Ideaspace Foundation shares tips for start-ups.

Earl Valencia, co-founder and president of Ideaspace Foundation shares tips for start-ups.

PLDT SME Nation Assistant Vice President and Head of Marketing, Amil Azurin.

PLDT SME Nation Assistant Vice President and Head of Marketing, Amil Azurin.

PLDT Vice President and Head of Enterprise Subsidiaries at ABM Global Solutions Inc. Luigi Lopa, PLDT-SMART Foundation President Esther Santos, PLDT First Vice President and Head of Enterprise International and Carrier Business Revenue and Operations Support Cesar Enriquez, and Delnet Philippines President and CEO Klaas Oreel.

PLDT Vice President and Head of Enterprise Subsidiaries at ABM Global Solutions Inc. Luigi Lopa, PLDT-SMART Foundation President Esther Santos, PLDT First Vice President and Head of Enterprise International and Carrier Business Revenue and Operations Support Cesar Enriquez, and Delnet Philippines President and CEO Klaas Oreel.

 

 

 

PLDT Tech Island 2.0

Sunday, May 3rd, 2015

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After the success of the first Tech Island last November, PLDT SME Nation in partnership with Samsung, IBM and Microsoft made sure that the next digital wave is bigger and better! Last April 15 & 16, PLDT SME Nation brought a digital island in Subic and hosted the largest technology conference: Tech Island 2.0.

Go Negosyo representatives Ramon Lopez, executive director; John Paul Uminga, programs development manager; and Jarielle Reyes, communication and special project officer joined the 300 entrepreneurs and business leaders in the first day of the Tech Island 2.0.

tech island

After a hearty lunch prepared, the afternoon program started with the welcome remarks from PLDT’s First Vice President and Head of SME Business Kat Luna-Abelarde followed by a keynote address from Subic Bay Metropolitan Authority Chairman Robert Garcia.

The first speaker was PLDT Group President and CEO Napoleon Nazareno who shared that despite having the digital age for quite some time now, there are still a lot of ‘digital migrants’, those who are still acquiring skills in the digital age, who need to learn more about the borderless world of digital. In his inspirational speech, he also explained the need to have a mind shift in order to adapt to the changing digital world.

Eric Alberto, PLDT Executive Vice President and ePLDT President and CEO, shared that in the 40 million active Filipinos online, 24 million of which are using the internet to research for products and services to buy and 21 million actually purchase the products. This shows that there is a vast market for SMEs online. And with the power of PLDT, the leading digital dependable partner of many SMEs, businesses can definitely level up as they can also provide them with premier cloud storage and M2M solutions.  He said, “I hope when you think digital, you will think PLDT.”

Rappler CEO Maria Ressa discussed how technology and digital communication has helped Rappler gather news and information from the public in times of calamities and other national events. In the process of getting information, it also provided for people to engage more.

His Eminence Luis Antonio Cardinal Tagle graced the conference to provide his wisdom on what makes a Transformational Leader.  He reminded the participants the good qualities of a leader in order to lead their respective companies effectively in the digital transformation. Leaders in the digital world must possess vision, understanding, clarity and agility to survive the many complexity and uncertainty in the progress.

The knowledge-filled sessions also included a forum with MVP Bossing and Golden ABC’s President and CEO Bernie Liu, Digital5 and TV5 Head of Sports coach Chot Reyes, and PLDT Communications and Energy Ventures, Inc. President and CEO and SMART Communication’s Chief Wireless Adviser Doy Vea, which was moderated by Atty. Mike Toledo, head of MVP Group Media Bureau.

The first day ended with a luau party by the beach.

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The second day provided several sessions that empowered a lot of business owners and IT practitioners on how they can master the digital wave and lead breakthrough programs.

The speakers in the morning program include Roger Ling, associate director of IDC Software and Service for ASEAN; Mauro Cocchieri, CEO of foodpanda.ph; Winston Damarillo, managing director of AGSX; and Earl Valencia, co-founder and President of IdeaSpace Foundation.

In the afternoon program of the second day of Tech Island 2.0, attendees were divided into four groups as they attended four different break-out sessions where they were able to hear tips and tricks from the masters of digital world.

View more photos of PLDT Tech Island 2.0 HERE>>