We are still a long long way though from a strong, financially intelligent population, one wherein our elders will not rely on their children for daily expense once they retire (forcibly, or rather too weak to work) or rely on promises-meant-to-be-broken politicians.
There is no job too unworthy to do well. There is a favorite line among people who are engaged in show business. This is what they say: “There are no small parts, only small actors.”
That indeed our yearning for a better life, better financial standing is aligned with God’s plan for us. Financial and spiritual abundance at the same time.
Simple right? But in this foodcart industry, simple ideas can also mean more competition because there is not much barrier to entry. Until the market becomes saturated with so much supply and kills those businesses barely making money.
Concentration risk on a select few suppliers. If they charge you more, then you have no choice, no other alternatives? If they fail to deliver, you also fail your customers. Big concern especially for businesses that do not have economies of scale yet.
One can in fact leave a handwritten last will, with no required witnesses, will that is unnotarized, and still be acceptable and acknowledged by the courts and authorities in dividing one’s estates upon death.
With FP, there is no minimum usage required. If no usage for the month (no textmates?), then no billed amount. If just PHP10, then just PHP10. No need to rush to loading stations as well since this is postpaid.
Main difference is that no return is guaranteed here. Though I’ve noticed that the way they sell MLMs, outrageous returns are used as examples
I do believe that God wants all of us to prosper and live abundant lives, here and in the after life. Seeing that this is not the case for most of our fellow Juan’s means that we have to do something about it.
You may not feel this much in your business right now but this is actually a risk very much present. Imagine if your dealing with countries experiencing political crises, power struggles etc. Won’t you be concerned of your future dealings with them?