Tired of getting “don’t call us, we’ll call you” replies from job interviews because of lack of experience? Then it’s probably time to call yourself “boss” and start your journey towards becoming an entrepreneur instead.
In a seminar organized by CHInoy TV dubbed “CHInoypreneur Day” last weekend, guest speaker Paulo Tibig believed venturing into business at an early age comes with many advantages. He said that even those small exposures such as helping parents in running a sari-sari store amount to a much wider experience that will be useful in case the path of entrepreneurship is taken.
Tibig is the president of Vintel Logistics, a logistics providing firm. Aside from being an entrepreneur, he also holds seminars and talks about entrepreneurship, customer service, and marketing. He also serves as a member of the board of directors of Association of Filipino Franchisers, Inc.
At the seminer, Tibig shared, “It’s very good to start at a young age because there are more opportunities around that can be seen, developed, and explored. At the same time, your learning process is much longer than starting older. So in effect, that’s advantageous.”
“When you’re too old when you get into business, the enthusiasm and the dynamism is gone,” he added.
However, youthful drive is only one of the tools an entrepreneur should have. Tibig said that it requires more than passion to keep a business up and running.
“We have to see and develop personal competencies. If the character or the competencies are not in a person, then you will not be able to succeed. Also, start with all the positivism because there will be a lot of challenges and crab mentality [is prevalent],” he said. “We may all have the mindset of an entrepreneur but at the end of the day, those typical up-by-the-mindset people will be separated from entrepreneurs who will take the path of entrepreneurship.”
Samie Lim, often referred to as the “father of franchising in the Philippines” or “franchise king”, proposes young business-minded people should start from franchising. He said that people who venture into franchising are getting younger, who see this as an alternative to working a nine-to-five job.
Lim is the chairman of Francorp Philippines and founding President and Chairman Emeritus of the Philippine Franchise Association (PFA).
According to Lim, franchising is a great springboard to those who want to go to entrepreneurship because it serves as a boot camp for an entrepreneur. “The franchise is the formula for success for businesses. [When] you buy a franchise, you go through the disciplines and follow all the rules of the business. Then, you can go to entrepreneurship on your own,” Lim said.
“You enter the franchise system to learn to become an entrepreneur, because most of the people are not entrepreneurs. You cannot teach that; you have to experience it. So experience it through a franchise and then become an entrepreneur,” he added.
Alvin Tan, president of Fil-Chi Media Productions Inc., said that CHInoy TV intends to shape and encourage tomorrow’s entrepreneurs by gathering some of the leading names in the business industry to share their insights and secrets to young aspiring people.
“What we want is to gather successful businessmen and speakers and link them up with young students. Medyo konti pa lang yung business seminars so we’re trying to introduce it to the market and inspire them to get into business. So we want to give them more knowledge and train them [in] the proper way of doing business,” Tan said.
In addition, CHInoy TV will also launch its reality business show called CHInoypreneur Challenge where teams from different schools will undergo real-life business training “à la [The] Apprentice.”
CHInoy TV is a weekly TV show that showcases the best of Filipino-Chinese cultures, as well as people, places, food, events, etc. It is a venture of Fil-Chi Media Productions Inc.