Category: Entrepreneurship

Which Bank Did Rizal Save Money In? Did He Invest?

If you remember your Philippine History classes, you know that Jose Rizal lived a frugal life while he was studying in Europe. He had to cut down his spending on food and clothing and walked long miles so that he could save up for his studies and for the printing of his books.

He had his goals set.

But did our “National Hero” invest his money on an instrument for it to grow further?

The Philippine Stock Exchange has not been established during his time. Not even the Manila Stock Exchange.

But regardless if he invested or not, he definitely saved his money in the bank. Continue reading Which Bank Did Rizal Save Money In? Did He Invest?

What’s The Best Business for OFW’s?

I have been receiving inquiries from overseas Filipino workers asking whether there’s a particular good business that they can start in the Philippines while they are out of the country.

First of all, I believe that any kind of endeavor and project that a person desires to enter into requires physical presence and hands-on management.

In the same manner, starting  a business in your home country while you are working overseas means you have to take the risk of entrusting your hard-earned money to a close relative, a friend, or to a hired qualified professional.

So before I give my personal suggestions on what specific business can be run while out of the Philippines, let me ask back the inquirers these 10 questions first: Continue reading What’s The Best Business for OFW’s?