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Armando Bartolome We all want to live with a sense of purpose. We want better lives for our families, as well as happiness and satisfaction with the things that we do. Having a business helps us do these things. Some of us, at a very young age, may have already realized that we want to start our own business. The reasons for wanting to plunge into entrepreneurship may be motivated by financial need, the desire to be your own boss, involvement in the family business, or the drive for a sense of accomplishment. College students taking up a business course are expected to come up with their own unique business as part of their school requirements. Many of these students realize that these concepts can actually be profitable, and they turn them into real businesses as soon as they graduate from college. Many of these small businesses that we see today are owned by young entrepreneurs. Some of the most successful businesses also started out as small enterprises being run by young people. What are the advantages building your own business at a young age? There are several, some of which are: Young entrepreneurs can more easily adapt to any kind of environment, age, and culture. Young entrepreneurs have more energy, motivation, enthusiasm and creativity. The younger you are, the better you are at tolerating risk. Young people are also more resilient and are unlikely to give up until they reach their goal. Most young entrepreneurs who truly love what Read More …

Each one of us goes through highs and lows in life. In this imperfect world, we strive to become the best person that we can be. But along the way, we face challenges that could change our lives forever. It is up to us how we look at these challenges.  Is the glass half full or half empty? People have different opinions.  In my case, I strive to see the beauty in imperfection. I choose to only see the positive side of life because it helps me become more effective at what I do.  As a business mentor, I provide encouragement to people. I motivate them to take the leap and stand up.  When you face a challenge, there are only two options: grow up, or give up. Which one will you take? GROWING UP Who do you look up to? One may take inspiration from parents who struggle to work abroad to provide a better life for their families, or a boss who was able to climb the ladder to success starting out as a janitor, or the man selling balut across the street who won the lottery and shared his blessings to abandoned elderly, or even the homeless woman who was able to send her children to school with her measly earnings from selling flowers.  You may have seen their struggles in life, seen the hardships they had to endure before meeting a better life. As an entrepreneur, going through similar ordeals is part of the process. It Read More …

Armando Bartolome Technological advancements have brought people closer. It is now possible to reach people across the globe with just a few clicks. People from different parts of the world, coming from different cultural backgrounds, are now working and communicating together. Thus, for many businesses, it is very important for managers and staff to understand cultural diversity.  We need to be sensitive and respectful. We need to understand that what is accepted as normal in one culture may not be acceptable to another. If your business is in a multicultural environment, understanding differences in culture will help you better deal with and motivate your business associates and employees.  DIFFERENCES IN BUSINESS MANAGEMENT STYLES Business management styles differ from country to country. A management style which is valued in European countries may be ineffective in the Philippines.  You may have noticed how Filipinos often address their subordinates using their first name which is considered as a normal gesture in the Philippines. But this will be perceived as impolite in European countries.  Many business leaders today share similar values as well as leadership styles. Nevertheless, we should note that management styles differ across countries because of the influence of political changes, the level of mobility, market globalization and the technological progress.  Additionally, management styles also depend on the level of education, economic development, corporate culture and available technology.  The conventional management style may vanish in time as globalization progresses and more and more businesses deal with multiple cultures and countries. DIFFERENCES IN Read More …