The entrepreneur, according to Peter F. Drucker in his book Innovation and Entrepreneurship (HarperBusiness , 277 pages), “always searches for change, responds to it, and exploits it as an opportunity.” An entrepreneur acknowledges change as normal and welcomes it. He went on to quote J.B. Say that the entrepreneur “shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.”
We’ve discussed GoNegosyo under the Internet & Tech category and we’ve also discussed the book in the previous post on Succcessful and Inspiring Filipino Entrepreurs. We’ve just realized, however, that we forgot to include a separate entry for this book under the Books category. This is a significant oversight because this is a book that should inspire budding Pinoy Entreneurs. This is also the original book that spawned the sequel: “Go Negosyo: Joey Concepcion’s 50 Inspiring Stories of Entepreneurs (Celebrity Edition)”. I haven’t read the sequel and probably won’t read it in the near future. Continue reading
We had an informal survey on which among two factors is more needed for Philippine progress — more entrepreneurs or more opportunities. An overwhelming majority (83.3%), to date, says that we need more entrepreneurs. The survey, however, took into consideration only two factors, which we could argue as constituting a problem — a roadblock, if you will — to Philippine progress. We are aware, of course, that the two factors mentioned are grossly inadequate if we are to discuss Philippine progress.
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 appreciated against the US dollar as well. Continue reading
Back in December 2006, President Gloria Macapagal-Arroyo awarded five overseas Filipino workers (OFWs) who became successful entrepreneurs. These inspiring OFW entrepreneurs are: Continue reading