We get bonunses. Money is abounding. People love to spend. Banks are offering sweet credit card deals. Bazaars and mall sales are all around. If we’re lucky, our godparents remember us and slip in a check here and there. That, my friends, is the perfect scenario to breed overspenders. Have you ever ended up broke on January, only looking at the month that just passed by so fast? Well, slow down fella, and keep in mind these tips on how to avoid overspending this Christmas:
Lately I’ve noticed several programs and contests that fund, support, and of course, encourage start-ups to finally get themselves out in the open. One day you’re working, doing your daily 8-to-5 and then suddenly a great idea hits you but you’re not sure where to begin. You cash out, borrow a little, read up on some articles and think you’re good to go. While ample knowledge on the perfect mix of traditional and new media marketing, basic accounting skills, and a healthy dose of common sense will be considered helpful, here are other pitfalls that you might want to prepare from:
Know that your business plan will have several changes as you go. No matter how good or foolproof you think your current business plan is, don’t break heart when you’d eventually find yourself changing it. There is no FINAL business plan, ever. Learn to adapt to changes and listen to the advice of others.
Speaking of listening to others, learn that you have to spend a good amount of time talking to a good number of people. If you don’t do so, you might miss out on a helpful insight that will really make or break how you do business. Just don’t go around announcing it on Facebook as well. That’s tacky, and only about 5% of your friends might actually be sincere or knowledgeable about business.
Third: don’t get obsessed about your branding. Sure, thinking your brand over, giving it a nice logo and exposure is good but if you spend P50,000 just to build a nice website for it while your total capital is P150,000, you might be making a huge mistake there. Instead, spend your money on developing your products, selling complementary products/ services and get trainings for customer service.
Not hiring right. At first you will be thinking that hiring the one that doesn’t expect a huge salary, and clearly needs the money now, is fine. But that’s not what you really want. You want someone who believes in your products and services, and the ones who care about it as much as you do. This way, they will be more accountable for their actions and it will be easier for them to do the selling or do their jobs. Don’t just hire employees, hire evangelists. Do your part also by conducting activities or rewards programs that make them love their work better.
Lastly, nothing beats realism. So it’s best to be rational all the time, not confuse passion with delusion and remember that success = hardwork. Find ways to motivate yourself aside from money. Find a strong vision and equip it with a strong mission. Put your (realistic) core values and goals at heart.
I’m already in the same business for four years and I still feel like a newbie most of the time. I would say this list always serves as a great goal map whenever I am facing a dilemma. So good luck to all the other young entrepreneurs and more power to all start-ups!
Painless threading? Yes, it can be totally possible! No sweat, sister!
Introducing BROW HAUS, a full-service brow and lash grooming salon. According to them, they’re “built for the urbanite who demands not just function, but function and style”.
Before Brow Haus, I only had less than ten encounters with eyebrow threading. I know that eyebrows can make or break how you look so I invest in it by having my brows professionally groomed with a clean blade or pluck them myself using a tried-and-tested memorized guide. (You can also access it here.) Continue reading
The desire to lose weight is one that everybody shares. No matter where we come from, what language we speak, and how we look like, this universal fact holds true for all of us: weight management is key to maintaining proper health, among other benefits. Today, the world has not disappointed us in offering products that promise to help us shed the pounds off our stomachs. There are many dietary supplements that one can look for on the market, one of which includes Lean and Fab. Continue reading
The Christmas decorations are a fundamental part in the festivities that commemorate this time. Under this definition we find many elements that compose them such as the Nativity, Advent calendar or wreath. The latter is more rare today but was used very often in the past and is a wreath with four candles which are lit sequentially every Sunday before Christmas Eve and is located in the center of the table. Continue reading
It is every young professional’s dream to own and live in a place that he or she can call his or her own. A home, after all, is always a picture of sanctuary and success. Real estate properties today have evolved a lot, over the years, which have given interested buyers more options to choose from. Condominiums, more commonly referred to as condos, are considered to be among the best of these choices. Continue reading
Jad Montenegro, Davao City and Mindanao representative for Converse’s Get Loud Band Competition, will be performing a long set for their friends and supporters this coming Oct. 26, 2013, Saturday, at the Blue Room, Apo View Hotel. Doors open at 8PM.
The Converse Get Loud Band Competition is a nationwide search for bands that represent the new breed of artists hitting the contemporary alternative music arena. It’s the culminating activity of the Converse Get Loud campaign, a celebration of Pinoy music, creativity and self-expression. Over thousands of bands were considered for this search but only five were chosen to represent key areas in the country. One of these bands is our very own Jad Montenegro. Continue reading
(Photo from Flickr*)
It’s the elections season once again. You know the drill. Righteous-looking faces with semi-famous, easy-to-remember family names start showing up on our trees, posts, waiting sheds, and walls. Somewhere between 9 to 11 AM, novelty campaign tunes start playing. Sometimes, they also do a 3-5PM sesh. Do you look forward to the barangay elections with a heart full of hope or do you just sigh, get on with your daily grind and think that this is just another seasonal thing? Honestly, I feel more of the latter. But I’m not losing hope.
I always say that if all barangay officials of all barangays did their jobs well, we wouldn’t need party lists. Why? Because nobody will be marginalized. Nobody will get “left behind”. If all officials just took care of their nook, then people’s grassroots problems will be dealt with easily. I know I will not go far with this but I’ll take a shot. Continue reading
Your little ones may have already gone back to school for the new autumn term but if they’re just had six weeks off, rather than starting their very first day, chances are you may not have bought new pieces of uniform for them. After all, as kids grow up, they have less growth spurts and chances are that even after the school holidays, they will still fit in their uniform just like they did before school was out for summer.
If you want to add a few bits to their school wardrobe, now would be a perfect time to do it. Now that the mad rush has passed, chances of sales are high, meaning you have the chance of bagging some great bargains as well as kitting your kids out for the autumn season. Perhaps you could pick up some goodies for the upcoming spring term too, and save money by buying sale items. Continue reading
It took me a long time to finally have a credit card. When my mom gave me one two years ago, a supplementary card, she strategically told me its credit limit was P2500. I was just excited to have an emergency card when I needed one so I didn’t give it a thought. I didn’t know that supplementary cards shared the limit of its primary. My mom had a pretty generous limit, you see.
Anyway, I only found out about this shared limit last year, when I misread a price tag and thought it was P2500. It was actually P3900. When the sale pushed through, I asked my mom and she laughed at me. Told me I was pretty much naive considering I worked for a bank for a short while. And get this, I even handled credit collection for their credit cards! Oh, the irony of life!
After that, I studied credit cards like I was born to do only that and today, I am proud to say I handled my money well and what’s more, I even gained a few perks because of proper credit card management. Here are a few tips in understanding credit cards: Continue reading