Archive for the ‘Business Opportunity’ Category
Some General Discussion About Business
I really believe you can make a good living in the Philippines. Like anywhere you must not be under capitalized, you must be in it for the long haul until the business builds and you need a sound plan, a good location and the right product/service at the right time. I produced a 55 minute video called “Street Boxing” in the early ‘90’s. It was a boxing workout exactly as the real boxers do it and it was a well made video with a top notch boxer demonstrating the finer skills, good camera work, sound and lighting was professional and packaging pretty fair. I sold quite a few, even sold copies to the Australian Institute of Sport and the Defense Department as well as to almost every boxing gym in the country. The problem was it was a real boxing workout when the market either didn’t recognize the value of boxing for fitness as it does today or they wanted jazz-boxing-aerobics-wave your hands around rubbish.
In other words, a little ahead of my time and if I released it today it would be the right tape in a market ready for the product, but a saturated market. Apart from that my partner ran off with the master tape so another lesson was learned the hard way! Timing can be vital! Be careful who you trust!
A large number of businesses bloom and flourish then whither on the vine and die a natural death, like the ‘pearl shakes’ carts. These were a milk shake type product with some kind of candy floating around in them, the “pearl”. All the rage for six to nine months then the market was soaked with these carts and the original franchisers had made their money back an smartly exited the market. All the C and even a few B class “investors” who had soaked their OFW savings into the carts were left with a diminishing return as the next fad hit the country and the malls.
As this site develops we will examine a few of the more tried and tested small business ideas. I go into detail in my book, ‘Making A Living In The Philippines’ but we will still let a few secrets out of the bag on these pages, so keep checking back.



