Three Challenges of Entrepreneurs in The Philippines

The last few weeks almost in every single place I’m going be it coffee shops, boards, or informal conversations, I often encounter somebody or a bunch expressing the difficulties in doing enterprise in the country. Is this coincidental or was I just getting conscious? At any rate I decided to start writing and enumerating to avoid duplicity. I do encourage readers to hitch as we discover solutions.

Number 1: Government Licensing and Permits: entrepreneurs complain on how tough it is to apply or renew with sure native authorities units. All the while I believed President Aquino has ordered the streamlining of presidency transactions. In fairness there are cities, which are known for environment friendly transaction. It makes somebody really feel like being in a private office. So what do we do here? I really feel now we have to get more people to come back out in the open, categorical and identify the place those LGUs are giving difficulties to the entrepreneur. I always believe that to complain is one other thing however to do something offers us more the ability to achieve results.

Number 2: Prohibitive Rental Rates and other clauses in Malls: this comes nearly as a tie with the above. There is no doubt that doing enterprise in shopping malls has advantages. Life for most individuals has included a weekly if not twice visits to the malls. An exemption is when the red label with words “SALE” is displayed hordes just keep on pouring inside. Entrepreneurs nonetheless are feeling a bigger intensity of “OUCH” with rental rates and other incidental charges. Can there be an trustworthy to goodness dialogue between Entrepreneurs and Mall Operators? Hear out each other. Allow us to keep away from squeezing the entrepreneurs dry to the bone. I always imagine that transparency achieves a synergistic relationship. A mall operator can initiate an effort with their tenants. Unless I could have missed such event, does anybody know if there may be one held or initiated? Sometimes I want there is a mall operator whose coronary heart is for the tenants first before profits. It hurts to see a newly opened store and after six to 12 months show signs of dropping money, which ultimately gets boarded up with a tag “For Lease”.

Number 3: Manpower: There are a lot of who haven’t any jobs. Unemployment is high in the country. Every time there is a job honest, I see hundreds queuing even under the heat of the sun or in mall corridors. One point noted is the quality and experience of manpower. Entrepreneurs do look for individuals who aren’t just doing menial tasks. They’re in need of people who have the best attitude and disposition in life. Oftentimes, there may be lack of focus or seriousness on the work. Well with the presence of smartphones and Internet, effectivity has been affected. One entrepreneur was complaining he would often catch his office workers always on-line in social media like Facebook or doing SMS to friends. The necessity of using individuals is a necessity unless we have now robots already in place. Nevertheless anybody wanting a job has to exert effort in being constant and severe within the conduct of employment. Our academic institutions have begun their drive on the proper molding of their students. I know of a school the place students who are on OJT (On The Job Training) are monitored if they’re getting the proper publicity and related to their courses. Ultimately this a big improvement as earlier than students are merely asked to do cleaning the office, preparing coffee and filing papers as their task.

This is article could also be an eye-opener to some but for the others the challenges maybe are part of being an entrepreneur. I think we need not be complacent if we wish our country to achieve progress. From what I used to be taught by my mom, grandparents and academics, it is the duty of every Filipino to contribute in making motherland shining again. We did years ago when the Philippines was occupying the top spot among Asian countries. A small achievement each day is significantly better than just taking no action at all. The president of the country cannot be expected to do everything. We have now to pitch in. Can we therefore say, “It is more enjoyable to do enterprise within the Philippines?” without butting an eye?

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