It’s never easy to be an entrepreneur. Many individuals who tried their hands on the entrepreneurial game must have realized this a few months into the business. One of the challenges facing an entrepreneur is the fact that he/she must perform a number of distinct roles.

An entrepreneur, as noted in the previous article, is “often defined as one who starts his own, new and small business.” For instance, the book “Introduction to ENTREPRENEURSHIP: Success Stories of Filipino Entrepreneurs”, notes in its preface that the “SME sector has become the backbone of the Philippine economy, comprising a staggering 99.6 percent of [...]

There are problems with this title. First, it might be interpreted to refer to a particular person. While we have a category on (and some lists of) successful and inspiring Pinoy Entrepreneurs, the thrust of this article is not to identify any particular Pinoy Entrepreneur, but to characterize an entrepreneur. Having a characterization would make [...]

There’s an estimated 700,000 sari-sari stores throughout the Philippines. That’s roughly 1 sari-sari store for every 130 Filipinos. Along a 50-meter stretch of road in a squatter area somewhere in Malabon, there are around 45 sari-sari stores. I’m interested to know if there’s a study correlating the number of sari-sari stores with the economic condition [...]

The topic on whether the Pinoy Entrepreneur is born or made was tackled in a previous post. There was, however, no poll that accompanied it. This time, let’s poll the opinions of our readers on whether entrepreneurship is predetermined by birth or, regardless of the circumstances one is born into, anyone could work to become [...]

There is the usual effort to distinguish between an entrepreneur and an employee, although the line is sometimes blurred. Some say an entrepreneur is a risk-taker. Others say that employees are resource-oriented, while entrepreneurs are opportunity-oriented, as we previously discussed. Still, a Chief Executive Officer (CEO) or General Manager could be considered to have the [...]

In the article about the “entrepreneurial myth,” we noted Michael E. Gerber’s assertion that the e-myth is the “myth that most people who start small business are entrepreneurs” or “the fatal assumption that an individual who understands the technical work of a business can successfully run a business that does that technical work.”

The combined effects of the strong peso and a weakened US dollar had resulted to a “loss” of income of overseas Filipinos (OFs), which includes Overseas Filipino Workers (OFWs).  The “lost” income is 24 Billion Pesos, as compared to 2006 figures, which amount would have gone up to 26 Billion Pesos had not other currencies [...]

The relatively recent push to encourage entrepreneurs and the entrepreneurial movement in the  Philippines should be strengthened further. Some say, however, that there are enough Filipino  entrepreneurs, except that there are no sufficient opportunities to go about. On the other hand, some may say that the reason why the Philippines is not as progressive as [...]

The entrepreneurial movement gained steam, I’d say, only in the past 3 or so years (or maybe I was too busy with other things that I didn’t notice it). These days, you hear about entrepreneur groups and entrepreneur movements. There’s a school for entrepreneurs and an entrepreneur caravan. In other words, there’s an awakened movement [...]