Oct 182017
Armando Bartolome
Armando Bartolome

Everyone wants to have a comfortable life and financial independence. The question is: how do you make that happen?

Avoiding debt by spending within your means is a start. But there is more to it than merely holding on to your money.

How did successful people do it? Here are 7 simple tips.

  1. Keep learning. Learning does not stop after you step out of college. It is a continuous process of growing as a person. Joining training workshops allows you to explore new things, which can help you on the road to success.
  2. Choose a job that matches your skills. My advice to parents is to talk to their children about choosing a career that will truly fit their skills and complement whatever they learn in school.
  3. Become the best person that you can be. Great people always find time to improve themselves. This will assure you of having a better standing in your company.
  4. Diversify your income. Getting rich is difficult if you tie yourself to a single income. Consider engaging even in just small businesses like food carts or online selling. The nice thing about these businesses is they don’t require you to shell out a huge sum of money as capital.
  5. Invest. Putting money in the stock market may not be that common among average-income families. However, there are other forms of investments which they can take part in. Some of these are:
    • Savings and checking accounts
    • College Investment Fund
    • Retirement Fund
    • Insurance
    • Real Estate
  6. Persevere in your career. Many big time businessmen started out as employees or proprietors of small businesses. But they persevered and never lost focus. There will be times that you will be confronted with adversities, but if you focus on a bigger goal, you realize that it is all part of the game.
  7. Stay positive. Never surround yourself with people that will only drag you down. Surround yourself with people that exude positivity and you are more likely to become inspired and do things that will make you happy. Be with people that can motivate you to become better.

Are you cut out to be the next millionaire? Nothing is impossible when you have the right mindset and discipline.

Get his latest book “35 Tips On Business” available on E-book and paperback at www.amazon.com

(Armando Bartolome is known as the Philippines’ Franchise Guru, a business mentor to numerous micro entrepreneurs who are now themselves big names in the industry. This article is reposted with the author’s permission and was previously published on The Business Mentor column posted by ABSCBN News. For questions and more information, you may contact Armando “Butz” Bartolome by email: philfranchiseguru@gmail.com or on Twitter @philfranguru. His website is www.gmb.com.ph)

The post 7 How To Get Rich Tips from Successful People appeared first on Good News Pilipinas.

Oct 162017

We’ve all been excited about the prospect of visiting our neighbor to the north, Taiwan, without visas ever since they announced the plan to lift visa requirements back in June. Finally on Monday October 16th, the Taipei Economic and Cultural Office announced that Philippine passport holders visitng Taiwan “for the purposes of tourism, business, visiting relatives, attending functions or events can now enjoy visa-free entry for up to 14 days, beginning November 1, 2017. Taiwan’s lifting of visa requirements and the overall friendlier travel climate for the Philippines and other Southeast Asian nations is part of their “New Southbound Policy”, which enhances co-operation and exchanges with 18 countries in Southeast Asia, South Asia and Australasia. To qualify for visa-free entry, visitors must meet the following requirements: A regular passport with remaining validity of at least six months from the date of entry Return ticket or a ticket to the traveler’s next destination No criminal record in Taiwan Proof of accomodation/booking, contact information of host/sponsor in Taiwan or official invite to conference, tour, events, etc. in Taiwan That’s it! If you’re looking for a unique (and relatively affordable) travel destination in the near future, why not make it Taiwan? The post You’ll No Longer Need A Visa To Visit Taiwan Come November 1st appeared first on Good News Pilipinas.

Oct 062017
Philippine stock market surges to new all-time high this week

The Philippines is one of the best performing stock markets in Asia, after breaking new record highs two times this week. On Tuesday, the PSEi finished at a fresh record high of 8,312.93. On Wednesday, the benchmark index scaled new heights surpassing the previous day’s high to close at 8,344.05. The investor euphoria continued throughout the week as the benchmark Philippine Stock Exchange index soared to an intra-day record above the 8,400 mark on Friday but at end of the trading day closed at 8,310.88. Philippine stocks are rising due to several factors – investors are taking their cue from upbeat US economic data and record highs on Wall Street. Investors continue to remain bullish about the prospects of the Philippine economy, expectations of a tax overhaul and government’s plan to liberalize foreign ownership restrictions in highly regulated industries is further bringing good tidings to the market. The local stock barometer gained by another 31.12 points, surpassing Tuesday’s record high of 8,312.93. The proposed tax reform measures include expanding the value-added tax base, raising excise taxes on fuel and automobiles, and slap levies on sugar-sweetened beverages will add billions of pesos into the government’s coffers. On growth, the government has set a full year growth target of 6.5 percent to 7.5 percent for 2017. The local economy accelerated 6.5 percent in the second quarter, mainly due to higher government spending, strong domestic demand, and increased farm output. Local stocks are being led by financial, industrial, services, holding companies and mining Read More …

Oct 022017
5 Advantages of Young Entrepreneurs

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 …

Sep 282017
Bohol furniture maker’s success credited to local invention

Bohol Furniture and Lumber Supply has risen from being a fledgling small lumber retailer to a major company, thanks to a local Filipino invention. Cirilo Sumampong’s company in Dauis now commands a gross income of PhP 1.16 million a month after using the Department of Science and Technology’s Forest Products Research and Development Institute’s (DOST-FPRDI’s) furnace-type lumber dryer (FTLD). Sumampong relates in a DOST release, “During our first years in the business, we were producing nothing but door jambs and air-dried lumber, and earning only Php 1,500 a month. Sales were good only between September and December each year. Now, with our kiln-dried wood, we make trusses, floor planks, doors, door jambs and all kinds of furniture – beds, chairs, dining sets. Thanks to our number one client – the hotels and beach resorts that have sprung all over Bohol in recent years – our products are in demand all the time.” The Bohol firm decided to expand in 2012, getting a Php 1 million help from the DOST Small Enterprises Technology Upgrading Program or SETUP. By 2014, the company grossed PhP 2.5 million. “Our product lines grew and because we knew that we were using quality materials, we gained confidence in dealing with our buyers,” shared Sumampong about their experience. The clients of the company multiplied and the company was able to pay back the grant after one year, eventually expanding its store and showroom. The dryer technology used by the Bohol furniture maker was also credited for helping create jobs for Read More …

Sep 212017

Filipinos at the IPSC World Shoot 2017 brought home several medals from France after competing against 1,500 shooters from over 67 countries. Two teenage sport shooters brought home the gold and silver in the junior category, while older well-known shooters bagged silver and bronze medals. Kahlil Adrian Viray, 15, and Rolly Nathaniel Tecson, 14, finished first and second in the Juniors Individual Standard at the tournament. Well-known top shooter, Jeufro Emil Lejano, finished with a Silver in the Individual Classic category. Jethro “The Jet” Dionisio, considered a living legend of the action-shooting circuit, bagged the Bronze medal also in the Individual Classic category despite encountering jamming issues. Lejano also picked up the Silver in the Team Classic category together with teammates Bernardo Mari Alejandro V, William Magalong, and Wilfredo Martin Jr. The Filipino medal finishers at the 2017 IPSC: Jeufro Emil Lejano – Silver, Individual Classic Jeufro Emil Lejano, Wilfredo Martin Jr., Bernardo Mari Alejandro V and William Magalong – Silver, Team Classic Jethro Dionisio – Bronze, Individual Classic Grace Tamayo – Bronze, Ladies’ Individual Classic Israelito Pible – Bronze, Super Senior Individual Standard Kahlil Adrian Viray – Gold, Juniors Individual Standard Rolly Nathaniel Tecson – Silver, Juniors Individual Standard The Philippines came in 6th overall at the end of the 2017 IPSC. The post Pinoys bring home gold from World Shoot 2017 France appeared first on Good News Pilipinas.

Sep 212017
6 Ways To Be a Better Engaged Leader

Armando Bartolome Some people wonder if it’s possible for a results-driven leader to build a relationship with his employees and have fun while at work. The drive to see results can make a leader cold-hearted; but thankfully, many successful entrepreneurs have realized that it’s important to have a heart despite having to implement strict rules for the success of the company. Young leaders usually excel in running an effective and fun workplace. Compared to older executives, managers who are 30 years old or younger are at least 2-3 times more likely to be effective at balancing the need to deliver results while still being ‘approachable’ to employees.Additionally, those who are 40 years old and above appear to be more results-driven. You may have witnessed it yourself when you get to talk to young executives or managers–they are easier to talk to compared to older executives. Young managers are also strong-willed but they still make their employees feel valued. Older executives, on the other hand, are more interested in building a strong persona, assuming that this will help them influence others. But older managers would also benefit from improving their people skills, even if they don’t completely realize it. If you want to become a better more engaged leader, here are a few tips. Develop Great Communication Skills Former Apple CEO Gil Amelio wrote that developing excellent communication skills is absolutely essential to effective leadership. “The leader must be able to share knowledge and ideas to transmit a sense of urgency Read More …

Sep 182017

The University of Mindanao (UM) Chorale bagged the grand prize at the 13th Busan Choral Festival and Competition Grand Prix. The UM Chorale emerged triumphant in the finals of the international competition held September in South Korea, after winning two categories in the semis – Gold for Classical Mixed and Gold for Ethnic. The university choir group under conductor Peter Buaya brought home the Busan Festival grand prize of $20,000, besting other choral groups from 47 countries. The 24-member UM Chorale previously won the 9th Concentus International Choral Festival in Singapore in 2016. The post University of Mindanao Chorale wins Busan fest Grand Priz appeared first on Good News Pilipinas.

Sep 182017
Mamasons Pinoy dirty ice cream delicious success in London

The iconic Pinoy dirty ice cream is now being enjoyed by Londoners with the establishment of Mamasons in Camden Town. About Time Magazine recommended the Mamasons Filipino Street Ice Cream and Coffee House in its list of “10 Things You Need to Eat in London This Week.” Writer Alicia Grimshaw highlighted the Pinoy dessert in the article introduction for the first Filipino ice cream parlor in London which is listed in 10th place. Grimshaw named the new North London spot of Mamasons which was opened in June in Camden Town by Omar Shah of Camden’s Bintang Restaurant. “Dirty ice cream is an endearing nickname used to describe ice cream sold on the Filipino streets by family run street vendors. They produce affordable and natural ice cream by using an age-old churning method of ice and salt, a steel pot and a whole lot of elbow grease,” wrote Grimshaw. About Time praised Mamasons signature flavor – the Ube (local purple yam) – “Its natural vibrant colour and unique earthy taste combined with a rich and creamy underlying sweetness is something Filipinos cannot get enough of.” The Mamasons bun – a Filipino baked pandesal (a traditional milk bun) filled with cool ice cream then sealed and toasted instantly became a summer hit. “With every bite you’ll get an explosion of hot, cold, sweet and creamy blended flavours.” Mamasons is a small batch producer specializing in flavors indigenous to the Philippines and its surrounding islands. Mamasons, using its team of authentic in-house flavor innovators has developed, Read More …

Sep 182017
Do You Know of Any Angry Birds?

Chinkee Tan Do you know someone who is always mad? You talk to them and their face always has a big frown. They are so hard to communicate with because they are often emotional and irritated. These people feel like they are always right. They are never wrong. They don’t compromise during discussions and would turn to anger and be being hot-headed just so they can get what they want. When they are at fault, they will do everything to turn the situation into their favor, or just put the blame on someone else. So stressful! So, what can we do with these angry birds? STAY AWAY FROM NEGATIVE PEOPLE Believe me. These negative people will always be around you. If you can avoid them, then do everything you can to stay away from them. You won’t get anything good from being with them. Remember what they say, “if you surround yourself with angry people you will become an angry bird one day.” What if this angry person is your co-worker? You classmate? Your loved one? Your spouse? If you cannot avoid them, then this is what you need to do… NEVER GIVE IN TO THEIR ANGER RAMPAGE Don’t give in to an angry person’s rage. The reason they get so angry is that they are so full of hate and rage. Do not fall into the trap of having a shouting or a grudge match with these people. It is just like being brought into a wrestling match in Read More …