I can advise you on entrepreneurship matters.  I have been doing this to a lot of people, marami na ang naka-out of poverty at ngayon stable living na because of business. 

 

Entrepreneurship is both the easiest and at the same time the hardest thing in the world.  Easiest, kasi you don't need a college education to succeed in business, hardest, kasi only 1 out of 5 businesses remain alive after five years.  Ang laki ng rate of failures. 

 

The nice thing about business is it is not learned in college, it is learned through the years of discipline by parents and mentors from childhood. 

 

Remember the simple formula: Sales minus Expenses equals Profit.  The goal of business is to make sure that your sales are big, your expenses are small, resulting in big surplus or profit.  So just make sure your are aggressive in selling an in-demand product or service and that you have a big number of repeat buyers who are totally satisfied with your service and who recommend you to more and more buyers. 

 

Secondly, you must have the discipline to cut down on unnecessary costs by being frugal, by living a simple lifestyle, by being wise with saving and reducing costs (that is why my office is in my home only to save on rental costs).  The result is maximum surplus or profit which you must save for hard times. 

 

There is a business cycle - it is not always good times.  There are times of lack of customers.  So you must prepare for these hard times by ensuring that you have a lot of savings.  Ganoon lang ka-simple ang business. Kapag maluho or mabongga ang lifestyle ng isang taong magbi-business, hindi tatagal ang business niya, good for 2-3 years only, magsasara na.