“Young entrepreneurs are driven by passion and purpose, not profit”

August 18th, 2017

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On August 16, 2017, Go Negosyo Radio hosts Sen. Bam Aquino & DJ Cheska San Diego-Bobadilla were joined by Go Negosyo Angelpreneur and Creative Voice Productions Founder Pocholo Gonzales as a guest host for an episode featuring two inspiring young entrepreneurs.

Josh Mahinay is the founder of BEAGIVER, a local social enterprise that champions causes in the community, most especially education for impoverished children. The social enterprise’s story begins with its founder—Josh shares that the initial idea was to provide school bags for many of the Philippines youth who can’t afford one. This came from his personal experience growing up. One of the triggers that inspired the idea behind BEAGIVER was when he returned to the Philippines and saw a young boy with a red and white striped palengke supot as his school bag. Growing up in poverty, Josh remembered that once upon a time, he was that kid as well.

Josh always saw education as his way out of poverty. In 2007, Josh was given an opportunity to make a better life for himself and his family by moving the US. Initially, he thought a good life simply meant being able to afford the nice things he couldn’t before. However, it was in the US where he realized that there is more to success than the personal aspect. Although, Josh lead a comfortable life in the US, his heart ached for his people. “I returned [to the Philippines] because of the calling of where is it that I want to serve,” Josh shared.

Today, BEAGIVER has gone above and beyong Josh’s initial call to provide school bags to the impoverished youth. Aside from developing, manufacturing and selling their own line of products, BEAGIVER also partners and collaborates with other designers, social enterprises and organizations not only to offer high quality products to our customers, but most especially to create an impact in different communities.

When asked by Senator Bam as what he saw as the difference in mindset between the younger and older entrepreneurs, Josh says the youth are more willing to fail more. Also, the motivation or  they “why” of young entrepreneurs are quite different. Sen. Bam agreed saying “during my time, what we used to look at was simply the sweldo. But millenials now more than ever look at the ‘why’ and the purpose of what they pursue.”

True enough, this primacy on purpose is seen in young entrepneur Jairus Ferrer. The second guest of the episode is the founder of the iFarms, Inc. and Pronic Foods, agri-enterprises that hopes to merge tech and innovation to agriculture. Jairus entrepreneurial journey finds it roots in the gap year he took after graduating high school. His parents agreed to his decision of taking a year off before college as long as he made it a productive one. Thus, Jairus joined an agri school in Bukidon for a four-month program. What was supposed to be a gap year venture into agriculture spanning a couple of months turned into a five years with the school in Bukidnon. Today, Jairus is an advocate of sustainability and of agriculture as a smart and relevant industry.

“I was the first high school grad to finish the program,” Jairus said about his stint in the Bukidnon agri school, “I was given the opportunity to work with them [afterwards].” Jairus said that he had to learn everything form scratch “the people who taught me quality control were the people I dealt with in the markets. I didn’t learn it from school—when I started serving bigger markets, what I learned from smaller markets I was able to apply on a larger scale.”

Jairus is positive that technology will serve as the bridgeway for many more millenials to become interested in agri. He warns those who want to enter into the industry, to be prepared to work and study hard. He shares that you have to have a mixed set of skills to truly make it work. “I want to change people’s perception [of agri], farming takes a lot of hardwork. Farming takes a lot of science and business knowledge. It is a really noble undertaking.”

How can the young connect with the older generations?

Jairus shares that he is persistent in pursuing mentors and other organizations for guidance. “I would really ask for questions and their time to bounce of my ideas. They have the wealth of experience and I have the wealth of time to do it.”

Josh agrees and says that “Although experience is the best teacher, you don’t have to fail to learn. All it takes is a lot of guts. I started with just the idea to give out bags. I had no intention of becoming a bag designer. But I study designs and travel to look, learn and collaborate with other designers.”

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ABA Cover photo footerThe ASEAN Business Awards (ABA) aims to recognize the outstanding ASEAN enterprises in the region. It brings to the spotlight businesses that have contributed in the growth and prosperity of the ASEAN economy and have the potential to become global economic players in their respective industries.

The ASEAN Business Awards 2017 will be on September 6, 2017!

Visit our official website here: https://www.aba2017.com/
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