Success isn't about how much money you make. It's about the difference you make in people's lives.

Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Monday, April 25, 2016

On Monday, April 25, 2016 by Kuya Sid in , , ,    No comments

Sa paglipas ng panahon, unti-unting nababahiran ang magandang sistema ng MLM Industry ng di kanais-nais na practice o unethical practice ng mga kasapi nito. Gaano man ka-legitimate ang isang company at gaano man kaganda ang sistema nito, hindi parin maiwasan na magkakaroon ng issue o problema along the way na tumatakbo ang negosyo. Dahil dito, malaki ang nagiging epekto nito sa industriya habang lumilipas ang panahon.

Alam natin na sa umpisa ay hangad ng isang MLM company ang pagiging number 1 at magandang track record para makakuha ng mga awards at ISO certification. Kapag nakuha na ng company ang goal nito at nasa rurok na ng tagumpay ay saka naman mag-ti-take advantage ang mga oportonista sa maling paraan.

Bakit nga ba nangyayari ito? Lahat ba ng MLM company ay humahantong sa ganitong sitwasyon gaano man ito ka-legitimate? Maiiwasan mo ba ang mga ito?

Pag-usapan natin…

"Nung nakaraang araw, habang nasa bahay ako at nasa harap ng computer at nagbabasa ng mga facebook feeds, may isang kaibigan na biglang nag-private message sa ‘kin. Kinumusta nya ako at sabi nya mag-meet kami kapag may time ako dahil may pag-uusapan daw kami na importanteng bagay sa negosyo. Pinagbigyan ko sya at nag-meet kami sa isang restaurant sa Megamall sa Ortigas. Nung nag-uusap na kami ay kinuwento nya sa ‘kin lahat ng nangyari sa buhay nya nung hindi na kami nagkikita at ‘yung di magandang nangyari sa MLM business nya. Nagulat talaga ako sa mga nangyari at may ganun palang sistema ang company nya dati. Pinabasa nya rin sa ‘kin ang mga masasakit at maseselang salita at mga pagmumura at pagbabanta ng kanyang sponsor o ‘yung taong nag-direct sa kanya sa business. Nangyari ito nung nalantad sa kaibigan ko ang mga anumalya at immoral na practice sa negosyo ng kanyang sponsor dahil sa pagsusumbong sa kanya ng isa sa kanyang mga ka-partner sa negosyo. Dahil dito, nag-desisyon akong makipagtulungan sa kanya para masolusyonan ang ganitong problema. Sa tulong ng isang God and principle-centered MLM company na nag-offer sa kanya ng magandang sistema, dun ko nalaman na may ganung legit MLM company na simple ang sistema, walang bahid ng immoral practice ng mga business partners, sustainable and systematic ang marketing plan, educated gumalaw ang mga kasapi, may marketable and high quality but low-priced products…naiiba sa lahat dahil walang pressure, may quality trainings, walang paweran na nangyayari at katotohanan ang pina-practice, higit sa lahat mga batikan na sa larangan ng multi-level marketing ang nagpapatakbo nito ng matagal na panahon."

Yes, it’s TRUE! I was so amazed when we discussed with each other about the company plan and the system.

Pakiusap sa mga ka-partner natin sa MLM business na hanggang ngayon gumagawa parin ng maling sistema o taktika at immoral na praktis, itigil nyo na ‘yan. Gumawi tayo ng tama at patas dahil nasisira ng husto ang MLM industry at nadudungisan ang sistema nito. Isipin sana natin ang kapakanan ng 97% na bilang ng mga failure sa networking. Makakaya ba ng konsensya mo na ang 1 tao nagka-tseke sa networking dahil sa expense ng 100-katao na hindi kumikita? Common guys, wag nyong lokohin ang sarili nyo! Maawa kayo sa mga hindi kumikita. Di ba ang networking ay “people helping people business”?  Nasaan na ngayon ang helping people kung sarili mo lang ang iniisip mo?


Madalas itong nangyayari sa isang legit MLM Company based on my observations. Why? Dahil sa kasakiman ng isang indibidwal na walang ibang iniisip kundi yumaman ng pabilisan at walang respeto sa buhay at karapatan ng kanyang kapwa. Don’t get me wrong but take this as a challenge and healthy tips! Hindi ko alam ang WHY nyo bakit kayo nag-networking but please stop doing unethical practice that leads to SCAM! Learn how to be fair…and educate yourself with basic skills and wisdom para magawa ang negosyo ng TAMA. Act as a professional one dahil maraming buhay ang nasisira. Lahat ng MLM Company gaano man ka-legitimate, baguhan man o matagal na sa industriya ay pwedeng humantong sa ganitong gawain ang kanilang mga investors o business partners. Pinoy networkers please do observe and practice your company rules and regulations accordingly! Para naman sa atin yan. Maiiwasan natin ang mga problema hangga’t maaga pa kung magiging professional tayo sa career na pinili natin at maging patas lumaban. Be responsible enough dahil big time business ang dinadala natin. Lagi sana nating tandaan, buhay ang babaguhin nito kaya buhay din ang masisira kapag hindi natin ito ginawa ng tama.

Sana may natutunan kang aral sa post na ‘to para magamit mo ng tama ang resources ng networking. Wag mo kalimutang mag-like at mag-comment.





Sunday, April 3, 2016

On Sunday, April 03, 2016 by Kuya Sid in , ,    No comments



Juan joined an MLM company.
It’s his first time to do network marketing.
He gave his best in building the business.
His effort paid off in 8 months.
He started earning P20,000/month.
Then the unthinkable happened.
His company closed.

All of a sudden, his dreams shattered into pieces.
Another company emerged.
This time Juan is confident because he’s one of the pioneers.
To his surprise, the company only lasted 9 months. He said,
“di nako magne-network kailanman…”

Pero alam naman natin ang kasabihang..
“..once a networker, always a networker…”
Sabi ni Juan, “Cge, I’ll try one more time. Last na talaga to!” And so he joined this new MLM company. It survived for one year.
What happened to those companies? I remember John Maxwell saying “Everything rise and fall in leadership.”
Many companies have great marketing plan.
Others even promise you a P100 million potential monthly income.
Some companies have great quality products.
Many testimonies proved that they were healed from their disease.
But again, why did they close? It boils down to the quality of leadership those companies had.
WARNING: What you are about to read are real life MLM scenarios.
However, the names and figures are fictitious.
I’m not singling out any company here. You can use your imagination.


Why MLM companies CLOSE in the Philippines?
Scenario #1.
The company was owned by 4 people.
All of them are experienced networkers.
And so they started the business.
The business was doing good until one of them decided to go “solo” (para ma-solo niya ang profit).
The renegade owner formed his own company. Made some loans in the bank and “pirated” leaders from his “original” company by making outrageous offers. He managed to convince 40% of the leaders to join the bandwagon.
The rest is history.
The “original” company losing its leaders and distributors so fast that they didn’t see it coming. They were compelled to close.
Scenario #2.
There are times when companies are owned by people with no business backgrounds but have good medical backgrounds.
They started the business, tried it and then they realized that they don’t have the stomach (stamina) to handle the business pressure.
And so they opted to close the company and chosen to employ the traditional channels of distribution like drugstores. (Kawawang mga distributors. Sayang yung customers na na-develop nila).
Scenario #3.
Some owners don’t have the intention to last in the business. I mean they know beforehand that they’re going to close and they really have planned it. (it’s like those bank robbers planning to rob a bank. It’s all pre-meditated)
To them, MLM is just a means to dispose their products.
I have this particular downline months ago.
A company offered her to be the “001” of their MLM perfume company. Entry level is below P500.
The company told her the gameplan. (im glad there’s still an ounce of honesty left in that company).
They have thousands of unsold perfumes.
Once all the products are sold out, they’re going to close the company. They have no intention to produce more perfumes. (Poor distributors. They have no idea what misfortune theyre getting into)
Scenario #4.
Companies outsource their products somewhere else. 99% of companies are purely marketing arm. They don’t produce or manufacture their products. And there’s nothing wrong with that.
Sometime in 2005, a big MLM company came in the country. They got their products from China because they have a huge plantation there.
Then a big misunderstanding took place in the higher levels of the management.
The mother company from China decided to stop supplying the products. The sad thing was distributors have no idea what was going on. Lahat sila eh humahataw nationwide when in fact the company no longer exist…
Scenario #5.
Some MLM owners are only after the profit.
Here’s the story…
2 best friends decided they want to venture in network marketing. They have the money to invest in MLM.
They contacted a “computer” expert guy who understand the mechanics and marketing plans of MLM companies.
Investor: I want to start an MLM company and I want this particular marketing plan.
(and so they made marketing plan simulations with the “computer” guy.)
Investor: How much I earn in 10 pairs/day?
How bout 16 pairs/day?
I.T. guy: your profit is P5 Billion in this marketing plan but according to my computation your company will only last 6-7 years to avoid “over payout”.
Investor: that’s okay. Lets go for it. Basta sure ka na P5 Billion ang profit ko? Don’t worry about the distributors or the networkers, I’ll just form another MLM company once mag-close ang itatayo nating company. All I need is to bring in the leaders at puputok ulit ako.
Anyway, sanay naman ang karamihan ng mga networkers na magpalipat-lipat ng companies.
Scenario #6.
Many MLM owners have been to many traditional business.
To them, MLM is just another business venture or experiment.
George invested in food business. It worked.
He tried real state business. It didn’t work.
He decided to move on with the next business which is transporation. It went well.
“how bout I’ll try putting up my own MLM company? kapag di nag-work, eh di iclo-close ko lang. as simple as that.” ganito ang mindset nila.
To them, its purely business. Nothing personal.
Scenario #7.
It’s a phenomenal company. (The #1 earner was reaping huge incomes month after month.
All of a sudden, with all the earnings and popularity he’s getting… a great idea hit him!
“why not I go to the next level? I don’t want to be a networker all throughout my life. Owning a company looks promising…”
The top earner decided to form his own MLM company.

Smurkydad’s thoughts:
After reading everything I’ve said, did you begin to worry?
That’s good. It’s a valid feeling. That means you’re smarter now by being cautious. That’s means you’re now vigilant.
First. I don’t want to see you “hataw ng hataw” and then before you know it biglang nag-close na pala ang company mo.
Second. I don’t want seeing you guys jumping from one company to another. Without you knowing, you’re already becoming a “junkie”.
Again, MLM companies “close” because of leadership issues.
SOLUTION:
Choose a company who’s got solid leadership ability.
Check the owner’s business background before joining. (that’s what I did)

Original Article From...
http://mypinoymlm.com/smurkydads-musings/why-mlm-companies-close-in-the-philippines/






On Sunday, April 03, 2016 by Kuya Sid in , ,    No comments


by Victorino Abrugar 
source: businesstips.ph


Network marketing, multi-level marketing (MLM) or direct selling is a popular business scheme, not only in the Philippines, but also in other parts of the world. This kind of business can be done part-time or full-time. Whether you’re young or old, a professional or still a student, network marketing can be a lucrative business for you if done the right way. If you want to achieve success in MLM or network marketing, here are 10 tips to succeed in this industry.


1. Choose the right company. Make sure that the MLM company you are joining is a legitimate one. Check out if it is duly registered and have all the necessary legal requirements to do business in your place or country. In the Philippines, a legitimate business should have a certificate of registration with the Securities of Exchange Commission (SEC) if it’s a partnership or a corporation, Department of Trade and Industry (DTI) if it’s a sole proprietorship, Mayor’s Business Permit, Bureau of Internet Revenue (BIR), and other applicable registrations when necessary. A legit business should also issue a BIR official receipt or sales invoice every time you pay money for a product or service from them.

2. Choose the right products. Aside from choosing a legitimate MLM company, choose the company that offers products you can really promote. If an MLM company doesn’t have any product at all, and it’s just all about talk, then it’s not a good business. Choose a company with high-quality products that can really help people have a better life. Pick products that you can be confident in promoting and selling it to people.

3. Create a marketing plan. Strategic planning is a vital step in marketing. If you want to be a successful network marketer, then you have to make a game plan. Define your long-term goals, set your specific objectives, and establish your steps and procedures to achieve those goals and objectives.

4. Be the manifestation of the product you are selling. Do not promote or sell products you haven’t used and proven to be useful to you. Make yourself the living evidence that your products are great and effective. If you want to become highly convincing, then you should convince people not only by your words, but also by your actions and way of life. For example, if you’re promoting health products, then you must show to them that you become healthy by using those products.  Network marketing is based on word-of-mouth marketing. Make sure that what comes from your mouth is your actual experience in using your products.
 5. Practice relationship marketing. Network marketing or multi-level marketing is also based on relationship marketing. Do not expect people to immediately believe and trust your words. You have to be patient in building good relationships with them. The MLM industry is a very competitive one. In order for you to stand out from the crowd, you don’t need to have the loudest promotional words spoken, but you need to have the most sincere words spoken and the deepest relationship built with people whom you are targeting. So make sure that your purpose is making friends and making them happy and not just in making dowlines to increase your income.

6. Respect people. In order to improve your relationship marketing campaign further, show respect to everyone. Be positive in the right way. Do not judge people that they are negative just because they ignored your invitation, but instead be polite, humbly ask an apology for getting their attention, and thank them for listening somehow. Respect is very important in network marketing because it is an important key to building trust and good relationship with other people.

7. Find mentors. Learn from the success of other network marketers. Be passionate in growing your knowledge and wisdom in convincing and influencing people. You can find mentors inside your team. You can also learn by reading books, blogs, articles, and by listening from the different testimonials of other people who have already succeeded in this kind of business. Furthermore, don’t forget to learn from your customers or from your downlines – they often give you the best lessons in business and in life.

8. Guide and coach your downlines. MLM won’t succeed without teamwork. The reason it is called multi-level marketing is because it is based on team building and amalgamating the knowedge, skills and efforts of each team member, including the team leader. If you’re a team leader, make sure you are helping your entire team to move forward and achieve your common goals.

9. Build your personal brand. If you want to convince, influence and recruit more people to join in your networking business, you have to earn authority for yourself. You have to build your personal brand. There are many ways to establish your personal brand. You can build a blog, create social media profiles, contribute articles to related online publications, and other personal branding tactics to establish yourself as a trusted person in your industry.  For example, if you’re promoting health products, you can build a health blog with informational content to earn followers. You can also try getting career certifications (e.g. certified dietitian or nutritionist) that are related to health to increase your authority in the health industry.

10. Be socially responsible. Finally, share your blessings. If you are already earning money from your MLM business, give back to people who are in need. Do charity. It is a great proof that your business is really earning and you are indeed making money from it.

I hope you learn something from the list above. If you have any other proven MLM success tips to add, feel free to make a comment below and let’s start a very interesting discussion.




Saturday, September 12, 2015

On Saturday, September 12, 2015 by Kuya Sid in , , ,



Still remember this?



“Nanay Tatay gusto kong tinapay. Ate Kuya gusto kong kape.
Lahat ng gusto ko ay susundin nyo…”


That’s the generation before iPad, gadgets, candy crush, txt msg, etc.

I know it’s just a song. A simple kid’s game.

But, I’ll put deeper meaning into it.

Itong kantang ito ay kanta ng mga spoiled brats.

In our “pangong ilong” culture, it’s ok for adult children to still live in their parents’ house.

Minsan pa nga, may sarili ng pamilya pero naka-tira pa rin sa bahay ng parents nya.



We spoil our kids.

Unfortunately, there’s a drawback with this.


These Children think life is easy because…”nandyan naman si Tatay e.”

Or “Uutang na lang ako kay mommy.”



Do you get the point?

Instead of maturing early and fast these children are trying to take the easy way out.

Ang resulta?

They become irresponsible, immature, and lazy.

There has to be a clear line between “loving our kids” vs. “spoiling our kids.”

Spoiling them is like telling them “life is easy.”

Is life easy? ABSOLUTELY NOT!




We know that “Life is hard.” And preparing them in life is the best gift we can give to our Children.


Like in sports, if you train hard, the game will be easier.

And that’s what we need to do. Prepare them in life.


And that’s what many successful Chinese business people do.


Bata pa anak nila, pinagbabantay na sa tindahan.

That’s why many Chinese are good in business.

That’s why six of the top ten Billionaire in the Philippines are Chinese.



Not because they’re smarter than us.


But because they’re trained early in life.




source: eduardreformina


Wednesday, August 26, 2015

On Wednesday, August 26, 2015 by Kuya Sid in , , , , ,



Today, we'll be talking about registering your business name with the Department of Trade and Industry (DTI) in the Philippines. 
When you've already decided on your business name by knowing how to name your business, the next step for you is to register it. 


Proper Agencies for Business Name Registration

Depending on your business structure, here are the following agencies that you need to get a certificate of business name registration from: 
  • Department of Trade and Industry (DTI) – for sole proprietorship
  • Securities and Exchange Commission (SEC) – for partnerships or corporations
  • Cooperative Development Authority (CDA) – for cooperatives

For this post, we'll be discussing DTI business name registration. So, sole proprietors, listen up! 


Business Name Approval 

For your business name to be registered at DTI, it needs to be approved first. According to DTI, it's your responsibility to ensure that your proposed business name is NOT:


  • To be used for business that is  illegal, offensive, scandalous, or contrary to propriety 
    • (e.g. Popoy's Jueteng Betting Place, Boobs Massage Services);
  • Identical or which nearly resemble business names already registered with government office authorized to register names 
    • (e.g. Starbax Cafe, Nasyonal Bookstore);
  • Composed purely of generic words 
    • (e.g. Cubao, The Drinking Place);
  • A name by which by law or regulation cannot be appropriated
    • (e.g. Intelligence, State College, CALABARZON);
  • Used to designate or distinguish or suggest the quality of any class of goods, articles merchandise or service
    • (e.g. Best Sisig Factory, Top 1 Repair Shop);
  • An abbreviation of names of any nation, inter-governmental or international organization
    • (e.g. WHO Marketing, DTI Health Services);
  • Misleading, deceptive or which misrepresent the nature of business
    • (e.g. XYZ Marketing Services where the business is actually of business nature)



General Instructions in Registering Business Name 

You can either apply online or over-the-counter. I'd advise you to do over-the-counter instead so that you can be able to ask questions personally. Also, when I went there, most application forms of online applicants were misplaced so it was actually inconvenient. We'll be talking about OTC business name registration at DTI here.


1. To save you the hassle of being asked to go to another office, find out which area office you should go to.

2. Accomplish the application form through the office itself. Only the owner of the business or his/her Attorney-in-Fact (who is authorized in a proper legal instrument) is authorized to sign all the forms.


Business Details 

  • Business Location: Indicate full business address. Make sure that your address is correct as officials are very particular about this. 
  • TIN: Indicate the TIN duly issued by BIR to you as an individual taxpayer. 


Owner's Details

  • Must be of legal age (at least 18 years old)
  • For Filipino applicants, present (1) nationally-issued valid ID:
    • Birth certificate
    • PRC ID
    • Voter’s ID
    • Valid passport.
  • For Foreign nationals, present the following, if applicable: 
    • Certificate of Authority to Engage Business in the Philippines
    • Certificate of Authority to Engage in Retail Trade

3. Submit duly filled out application form to the DTI processor. If it's available, good for you! If it's not, then, think of a better business name and try again. You can even ask the official for some help.

4. Pay the applicable fees and get the receipt.

Applicable Fees 


  • Business Name Registration Fee 
    • Barangay - P 200.00
    • City/Municipality - P 500.00
    • Regional - P 1,000.00
    • National - P 2,000.00
  • Documentary Stamp Tax - P 15.00
  • Surcharge for late Renewal Application - 50% of Registration Fee

5. Show the receipt to the Processor and wait for your Business Name Certificate to be released. It'll only take about ten minutes or so. 

6. Give yourself a congratulatory pat on the back. Great work, your business name is now registered with DTI Philippines! 

source: thewiseliving


List of IDs
• Passport
• Valid Driver’s License
• Professional Regulation Commission (PRC) ID
• National Bureau of Investigation (NBI) Clearance
• Police Clearance
• Postal ID
• Voter’s ID
• Government Service Insurance System (GSIS) Unified Multi-Purpose ID
• Social Security System (SSS) ID
• Tax Identification Number (TIN) ID
• Overseas Workers Welfare Administration (OWWA) ID
• Seaman’s Book
• Government Office and GOCC ID, Armed Forces of the Philippines (AFP) ID, Home Development Mutual Fund (HDMF) ID, Philpost ID, Philhealth ID
• Integrated Bar of the Philippines (IBP) ID
• Senior Citizen Card
• Person with Disability Card

Wednesday, August 19, 2015

On Wednesday, August 19, 2015 by Kuya Sid in , , ,
Ang desisyon na pasukin ang pagnenegosyo ay

Wednesday, August 12, 2015

On Wednesday, August 12, 2015 by Kuya Sid in , , , , , ,
Online tax filing in the Philippines
Manual filing remains the traditional and most

Sunday, August 9, 2015

On Sunday, August 09, 2015 by Kuya Sid in , , ,
These days, you can possibly make money even if you opt to stay at home. Here are five easy and fast ways to earn thousands of pesos online.


Physical (or brick-and-mortar) stores and retail establishments are now supplemented—or even replaced—by online counterparts. Budding entrepreneurs, solo workers, and moonlighters can now easily find many viable alternatives to full-time, part-time, or traditional employment that cross borders and time zones.

Sorting through all the tips and tricks available across the Internet can give you a whopper of a headache, so here is a quick roundup of opportunities you can easily find and grab.


1. Virtual storefronts
You have two options: use free online platforms to sell your products or shell out money for the self-hosted route.

Free online platforms like eBay Philippines, Etsy, or OLX (formerly Sulit.com) let you focus on your products and customer relations rather than on building up the code or installing widgets. But for those who want complete control over their stores’ appearance, functionality, and backend, we recommend self-hosted online stores. You may have to contact a Web hosting service provider to set up such an online shop.

Moreover, there are online store solutions that can enable you to start your online store in an instant (like Uniqly and Tack This!) and initially for free. However, if you eventually prefer to move beyond their ‘basic’ packages that come with limitations, you may have to opt for their paid options (doing so may still not be too costly, though).

virtual store_1.png 

2. Content creation
Blogging is not a guaranteed moneymaker, especially when you want to grow your following organically, but it's still one way to make your presence felt online. Focus on what you know best, keep it personal and genuine, then the readers will come.

Digital ads can run on your website through Google AdSense or Nuffnang Philippines. You may sign up to have those ads appear on your site. You may earn per impression or click. To ensure higher returns, you have to work harder though to always keep your Web traffic high.

Guest blogging is a post written by guest bloggers. You may write and post blogs for other sites and get paid for doing so or enjoy the privilege to cross-promote your own blog in other sites.

Do stock photography and videos. Make extra income by offering your photos at platforms like Shutterstock, iStockPhoto, and/or Getty Images. You may also post photos at Flickr with the proper photo rights.

blogging_1.png
3. Daily discounts and exclusive deals
E-commerce sites specializing in time-sensitive discounts and members-only deals have raked in extra profits for the sites and their merchants. A short rundown: Groupon Philippines, Ensogo, Metrodeal, Deal Grocer, its retail partner Taste Central, CashCashPinoy, iGrab, and AVA. 

metrodeal.png 

4. Social media
Explore special sections dedicated to using social media for business at business.twitter.com, facebook.com/business, or business.pinterest.com. Today, some entrepreneurs also use social networking sites to promote and even sell merchandise to online users.

social_media_1.png

5. Online jobs
Full-time freelancers and employees looking to increase their monthly pay can bid for jobs online via job platforms like Upwork (formerly oDesk, which last year also merged with Elance), Freelancer, and/or 99Designs. Read the terms thoroughly, deliver quality output when it's needed, and you'll easily build a reputation as a reliable freelancer. 

odesk.png
Source: entrepreneur.com.ph