Manila, Philippines

Business vs Employment

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 I’ve always wanted to have and run a business.

Fresh from college, I already knew that employment will be a medium-term solution for me, and that in the long run, if I want to make it big, I will need a successful business (or businesses).

This mindset was further supported after I have read Robert Kiyosaki’s Rich Dad, Poor Dad (RDPD) and The Cash Flow Quadrant (TCFQ). These books made me realize the following truths (you don’t have to buy these truths though):
  • Being employed can only take me somewhere. At the end of the day, I’m still at the mercy of company (with all the movements I’m seeing), the shareholders (and by the way share price has been flat the past 2 years. Why oh why?) and owners (the boss of the boss of our very big boss. I wonder what the view is like up there).
  • Companies and businesses get spend their income first via expenses, before they are taxed (income tax). Employees meanwhile pay their income tax first, before they get to spend what’s left of it, if any (If you’re employed, check how much taxes you pay monthly and multiply it by 12. That’s your support to the government. Then next thing is you wonder what happens to that amount of money. Where’d it go? Sa daang matuwid…)
  • Having a business of your own is more risky than being employed primarily in terms of cash flows, most especially in the short-run. But you have to start something somewhere now if you want to be someone and somewhere better in the long haul. So I recommend a mix of both at the beginning of your business. Just make sure it’s allowed by your employer.

I’ve been employed the past 4 years and along the way, I’ve always been on the lookout for potential business opportunities. I also read a lot of business news, engage in the stock market, and the Entrepreneur magazine has been a constant companion of mine.

Funds I’ve diligently set aside for a possible business have been consumed for some more urgent want/need, replenished and depleted again and again throughout the years. Still no major business to brag about. They say I should start with something I really like. So education? Food? What if I like a lot of things?

Or what if I like to have a business, whatever it is (legal of course)? Maybe the thrill of running and managing one is what excites the businessman in me. And the positive cash inflows of course.

So I remain on the lookout. Still in the drawing board phase. Though as of today, I have 2 mini-businesses. An eloading business where my office is a captive market; and a personalized printing business which is a partnership with my girlfriend. I’ve been running the eloading business for more than 2 years now, income is stable and easy to manage, but growth prospect is very limited – unless I venture into networking and multi-level marketing (note: not pyramiding) like what others in this eloading business do. But I feel like I’m not sold into that kind of business, even though recruiters brag about how much they have made (and how many one-downs and branch networks are working their ass off to make the network heads richer). The personalised printing business meanwhile is still in its soft-launch mode so for me, there are still a lot of things to fix and finalise before we go to full-blast marketing.

Still, modesty aside, these are not the full-pledged business I’m looking for. A good experience, a good try nonetheless. I welcome the experiences from my two mini-attempts to prepare me for bigger ones. But 4 years out of college, I have this feeling that I should have already figured it out by now. Deep inside I’m confident that I was born to run a business (right God?). But as to what it is, I do not know. Maybe God has a different business plan for me? Be a fisher or men?

Am I the likes of giant names who started their businesses during their senior, past midlife years? But how about Facebook’s Zuckerberg?

To each his own I guess. Still waiting. Still on the lookout…
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12 Responses

  1. Geri says:

    Hi Jonalyn. Glad to have inspired you in our own small way. Online business is doing great, great ROI. We're trying to find ways how to grow it further. Farm and cattle investments are still in incubation stage so no returns are still small but hopefully we'll get there. Still on the lookout for other passive income sources. Hope you do the same. 🙂

  2. Anonymous says:

    Hello, I'm Jonalyn ofw from Hk. I bump into this article and it really inspire me. I'm just curious sir Geri how's your business doing now?. While I'm wirking here In Hk as Dh I'm also operating an online business in pinas and here in Hk although the ROI isn't that big yet it's promising industry since everyone is engage in online and social media.

  3. Geri says:

    Well said. Basta walang conflict of interest at hindi nagpapabaya sa trabaho.

  4. Anonymous says:

    IMHO- ayos lang magbenta basta hindi ilegal yung ibinebenta.

    Lahat naman may hiya pa din, lalao na sa opisina.Nandyan na bibiruin ka, aasarin ka pa minsan…. Pero kung alam mo naman ang reason sa pagnenegosyo kahit gaano pa yan kaliit, ok lang din un 🙂

    More power sa atin!!

  5. Geri says:

    Small time lang talaga and yes maliit lang ang kita pero ang ROI malaki. Ako professional pa rin kaya hindi dapat pabayaan ang office work kung saan galing ang mas malaking kita. Pero batid ko rin na ayokong maging empleyado habambuhay at gusto kong maging employer balang araw. Kaya maliit n hakbang ang mini negosyo.

    Mahiyain rin ako pero dahil gusto kong maging full time businessman some day, sang ayon ako s turo ni R.Kiyosaki. Being a good salesman is one of the keys in becoming a good businessman. Kaya benta benta na!

  6. Anonymous says:

    nakakatuwa at may nababasa ako tungkol sa mga raket na ginagawa nyu sa opisina. Ako kasi matagal ko ng gustong magbenta din pero parang dyahe maliban sa nahihiya ako… di naman mga pang big time na items yung mga tipong pang palit pamasahe lang ng Stored Value Ticket sa MRT.

    Yung isang comment parang yema ata niraraket nya tapos dito eload at kape kakatuwa lang eh pakiwari ko mga professional naman kayo pare-pareho.

    In a simple way nakaka inspire.

  7. Anonymous says:

    hahaha ganun talaga pag maganda yung mga entries sa blog pinupuntahan yung mga lumang post 🙂

    Kapeng Barako?? level up Insurance?? super level up!! LOL

    Magkano naman yan kape na barako? ayan ha tinanung ko na kaya wala ka ng choice kundi sagutin mo na dito 🙂

    Salamat sa mabilis na reply. I truelly appreciate it.


  8. Geri says:

    Thanks for the kind words. Syempre priced competitively haha. 500g is at 220. You may visit our FB page Batangas Best Kapeng Barako. You may also click on the ad sa upper right ng website for more info.

  9. Geri says:

    Hi Florence. Wow this is circa 2011. Haha. I stopped my loading business in 2012 when I joined a new company (eload biz was just a side racket). Not because I'm losing (because it was profitable) but because of logistical reasons (my new office is far from a bank and the reload of the load wallet is via banks) and also due to demand reasons (I had a captive market in my previous job but being a newbie in a new job, the other employees are also selling eload here). Hehe.

    Honestly ROI-wise it's good like 10% but actual profit mark up is quite small. To I decided to shift to kapeng barako and insurance instead.

  10. Anonymous says:

    Out of curiosity… buhay pa din ba ang eloading biz mo? #just asking 🙂

    -florence lazaro

  11. pen_name says:

    Thanks Anonymous for your comment. We just entered a new year and more and more it becomes apparent that the quest for financial freedom will be a long slow process. But we need not despair. I'm reading Gladwell's Tipping Point, and who knows?

    Hoping to hear more of your thoughts in this blog.

  12. Anonymous says:

    I can relate much to your outlook and sentiments.

    I'm 3 years off college but only had the chance to dwell on my financial aspirations last year.

    Now taking baby steps towards financial freedom.

    Keep posting!

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