business

How do different styles of leadership affect businesses

September 13, 2017 by Contributor Leave a Comment

*Contributed by Cathy Baylis.

Entrepreneurship is a highly sensitive process in which many elements contribute to the overall success or failure. But the style of leadership makes a crucial impact in that regard and sets preconditions for the fruitful business. That’s why almost 60% of organizations claim their top priority is to close leadership skill gaps.

In such circumstances, it is necessary for you to learn more about the leadership styles and the way they influence businesses. Organizational communication and structure actually constitute a whole science, but we decided to cut the long story short and explain the most important ideas in this article.

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Iwasan Mo ang Pagkakamaling Ito Kung Ayaw Mong Malugi

August 29, 2017 by Ray L. Leave a Comment

*Ang article na ito ay naglalaman ng affiliate links.

English Version (Click Here)

Dati mayroon kaming lumang second-hand maroon na SUV. Dahil sa pagkaluma, madalas nasisiraan ang mga parte nito. Nagsisimula ang mga problema sa mga maliliit na bagay, tulad ng aircon na hindi na ganoon ka lamig, o ang automatic lock ay hindi ganoon kabilis gumana. Kapag pinaayos naman namin sa pinakamalapit na auto repair shop o pagawaan, naaayos naman… ng panandalian lamang.

Pagdaan ng kaunting panahon, mas-malalang mga problema na ang lumalabas katulad ng hindi na gumaganang aircon at locks, o hindi na umaandar ang makina. Bumabalik nanaman kami sa auto shop para magpagawa ng kotse o bumili ng bagong piesa na gagana ng isang linggo, pero pagkatapos noon IBANG parte naman ng kotse ang masisira.

Minsan nagkakamali din ang mga manggagawa at minsan minamalas lamang, pero may mga oras na hindi nagmumula doon ang problema. Ito ang pagkakamaling kailangan mong iwasan kung ayaw mong mawalan ng customers at malugi ang iyong negosyo (o mawalan ng trabaho).

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Avoid This Mistake or Lose Business Forever

August 29, 2017 by Ray L. Leave a Comment

*This article contains affiliate links.

Tagalog Version (Click Here)

Some time ago our family owned a decade old second-hand maroon-colored SUV. Due to how old it was, parts of it frequently break down. Problems often start with something minor, like how the air conditioning isn’t as cool as it should be, or the automatic lock doesn’t respond as fast. When we go and get it repaired at the nearest auto repair shops, the problem gets fixed… for a while.

After a few days or weeks, bigger and bigger problems occur like the air conditioning or automatic locks failing completely, and the engines failing to start. By then we return to the auto shop and pay for repairs and new parts which work for a week, and then OTHER parts of the car start failing after a while.

Mistakes and bad luck does happen, but sometimes the problems aren’t caused by those. This is the biggest mistake that you have to avoid if you don’t want to keep losing customers and eventually lose business (or lose your career).

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Support Local! A Quick Stop at the 19th Global Pinoy Bazaar (2017)

August 21, 2017 by Ray L. 2 Comments

Every so often I travel to distant provinces to hike in scenic mountains or swim at beautiful beaches. Every time I travel, I make it a point to sample the local goods, like the coconut farmer selling coconut water, the merchant selling trinkets and tools handcrafted by his or her family, and the home-style small restaurant or eatery serving their province’s unique cuisine.

In most areas, there will always be that stray 7-eleven, big name fast food chain, or convenience store chain selling the same old cheap stuff you can find everywhere in the big cities like Manila, but I always remember to prioritize the local family-owned shops and restaurants. Big name stores are out to make a profit. The small businesses, on the other hand, were started by entrepreneurs to support their families AND showcase their unique crafts.

When I heard about the Global Pinoy Bazaar, an event by Yabang Pinoy showcasing unique Filipino-made products, I knew I had to go there and check it out.
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How to Start a Small Business in Just a Few Steps

August 3, 2017 by Contributor 1 Comment

*Contributed by Rocky Chan.

As the SME industry is getting tougher and more competitive by the day, along with the rise of many business ideas and concepts unlike any other, your business should outsmart everyone else. It’s going to be a tough road, but coming up with a strategic business plan will surely take your business to a whole other level.

With endless possibilities for unique business ideas, it’s no wonder that small businesses are everywhere. The concept of designing a career that can grow with you while you work towards financial independence, as well as investing in yourself is a huge factor in striving to nail that business idea that can give you.

There are many things you can do to start a small business and eventually, grow it into a big one. Here are the initial steps you need to take to make that business dream come true.

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