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Entrepreneur’s help-line
Customers as pigs
by ENTREPRENEUR’S HELP-LINE By Eduardo A. Morato, Jr. - September 13, 2004 - 12:00am
Pigs represent wealth in the Chinese calendar. Those born under this sign will reap the rewards of plenty. In the Philippine context, roasted pigs are served on special occasions like fiestas, birthdays, victory...
Giving people a cause to live and die for
by ENTREPRENEUR’S HELP-LINE By Eduardo A. Morato, Jr. - August 16, 2004 - 12:00am
Peter Drucker once wrote an insightful article entitled, "Business Can Learn from Non-Profits". He observed how non-profit organizations scrupulously use their resources and become "more money conscious...
Collaborating with competitors
by ENTREPRENEUR’S HELP-LINE By Eduardo A. Morato, Jr. - August 9, 2004 - 12:00am
Joe Magsaysay, food cart impresario of Potato Corner fame, gave a tip to a class of would-be entrepreneurs: "When inside a mall, we have learned that it is better to huddle the food carts together in a cluster...
Leaders, not managers
by ENTREPRENEUR’S HELP-LINE By Eduardo A. Morato. Jr. - August 2, 2004 - 12:00am
AIM professors have learned to distinguish between the molding of business managers and the formation of entrepreneurial leaders and innovators. As molders of leaders, we must assume the role of mentors and coaches...
Mixing and matching people
by ENTREPRENEUR’S HELP-LINE By Eduardo A. Morato, Jr. - June 28, 2004 - 12:00am
Business enterprises need a lot of teamwork to reach their goals. It is not sufficient that they recruit people who are competent. They must ensure that the entire organization is cohesive, coordinated, and complementary...
Mentoring, coaching, and advising people
by ENTREPRENEUR’S HELP-LINE By Eduardo a. morato Jr. - June 14, 2004 - 12:00am
Entrepreneurs who manage small enterprises carry the burden of developing their people directly, particularly those who are in charge of critical functions. Small enterprises cannot afford to free their managers...
Mentoring, coaching, and advising people
by ENTREPRENEUR’S HELP-LINE By Eduardo a. morato Jr. - June 14, 2004 - 12:00am
Entrepreneurs who manage small enterprises carry the burden of developing their people directly, particularly those who are in charge of critical functions. Small enterprises cannot afford to free their managers...
Managing people in small enterprises-1
by ENTREPRENEUR’S HELP-LINE By Eduardo A. Morato, Jr. - May 31, 2004 - 12:00am
Small enterprises do not have huge human resource departments to undertake the six "R"s of recruiting (hiring), retooling (training), retaining (keeping), reviewing (appraiasing), rewarding (compensating),...
Space under the stairs
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - May 17, 2004 - 12:00am
Student-entrepreneurs in AIM’s Master in Entrepreneurship program discover or, more aptly, sometimes uncover treasures in the conduct of their 5-S project. In a document entitled, "An Introduction to 5-S",...
When quick service is a disadvantage
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - May 10, 2004 - 12:00am
The entrepreneurial gut feel is that being faster in service is an advantage. If the quality of the product is identical, the service factor will be the area of competition. And the fastest "gun" will...
The need to make a difference
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - May 3, 2004 - 12:00am
The creativity of entrepreneurs makes their enterprise different. Together with flexibility and speed, entrepreneurs use it as their weapon in battling big business in the marketplace. But being different is not...
Tomorrow’s employers
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - April 26, 2004 - 12:00am
Most people tend to look down on small and medium enterprises. While holding big business in high esteem, they overlook the fact that such biggies who hire MBA graduates were, once upon a time, small entrepreneurial...
Preference vs competence
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - April 19, 2004 - 12:00am
Many readers have raised questions as to whether preference should override competence or vice-versa: • How should a member of an enterprising family be evaluated for fitness to run the family enterprise? •...
COOs and CEOs in enterprising families
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - April 12, 2004 - 12:00am
The COOs we are referring to in an enterprising families are not the chief operating officers. Rather, they are the children of owners or usually known as second generation owners. By CEOs, we mean company employees...
Malasakit in the workplace
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - March 29, 2004 - 12:00am
On the last Saturday of February, a reunion of executives and employees of the automotive division of DMG, Inc. was held in the house of DMG or Domingo M. Guevarra, the founding entrepreneur behind DMG, Inc., which...
Malasakit in the workplace
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - March 29, 2004 - 12:00am
On the last Saturday of February, a reunion of executives and employees of the automotive division of DMG, Inc. was held in the house of DMG or Domingo M. Guevarra, the founding entrepreneur behind DMG, Inc., which...
Developing Dumaguete’s entrepreneurs
by Entrepreneur’s Help-Line By Alejandrino J. Ferreria - March 22, 2004 - 12:00am
Exemplary private-public partnership for the development of Filipino entrepreneurship is happening in Dumaguete City, Negros Oriental. The provincial office of the Department of Trade and Industry and the local...
No such thing as retirement
by ENTREPRENEUR’S HELP-LINE By Alejandrino J. Ferreria - March 8, 2004 - 12:00am
Another regular reader of Entrepreneur’s Helpline, Ruben David of R.T. David Financing Corp., sent a letter last Feb. 3 in reaction to the article on entrepreneurship and retirement. The ensuing phone conversation...
Enterprising family secrets: How to stay together
by Entrepreneur’s Help-Line By Alejandrino J. Ferreria - March 1, 2004 - 12:00am
Please note that we used the term, enterprising family, not family enterprise. Although they may sound and seem the same, they are really worlds apart.
Hands-on or hands-off?
by Entrepreneur’s Help-Line By Alejandrino J. Ferreria - February 23, 2004 - 12:00am
Delegation of power is a great challenge to entrepreneurs since most, if not all, start their enterprises hands on. In fact, successful entrepreneurs attribute the success of their enterprise to this. However, many...
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