NU 12 - Negosyolusyon

Ramon Martin P. Revilla                                                       Entrepreneurship S10

MBA Standard                                                                      Professor Jorge Saguinsin

Ateneo Graduate School of Business                                   November 6, 2013

Cycle of Filipino Poverty – "NEGOSYOLUSYON"

Most Filipino's especially the middle class rely on their salaries and company perks and benefits, but for how long? Even if you work for a company that is stable and offers high salary and good benefits, all of us are aging instead there will come a time for your retirement.

If we can think deeper, time is running fast that somewhat we don't look at the future, what if at your time you are having better earnings, a good provider at the same time the bread winner, would you think that it is enough to save your Family and love ones from the cycle of poverty?

After receiving your pay check every 15^th and 30^th of the month we need to consider the bills and allowances we need to budget for the next pay check to come, even if you are earning 6 digits salary, the question here is for how long can you provide and how long will you have better health or a strong body or even the passion to work.

This problem is ignored and yet obvious because for the fact that we Filipino's are contented of what we have right now and what we can give to our love ones. I had this idea that if a person thinks of being an Entrepreneur he/she might save his/her Family from this curse. Yes, you will have millions of pesos after retirement, a good monthly pension, but is it enough to buy your maintenance medicines (stressful working life for 30yrs) and hospital bills for your Mother or Father that needed chemotherapy/radiation diagnosed of Cancer? Or your brother or sister that needed financial support for a surgery?

Being an Entrepreneur – Negosyante – Businessman is the solution, you just think with what type of business, research well on what drives you and boost your passion and properly collate data for business sustainability and growth. This I think is the solution for poverty, for it will be manage properly from your generation up to the next.  There will be no financial problems, you just need to gamble have the guts to face certain problems along the way, gather knowledge on how to always improve and love the business as it is part of your Family.