Ipinanganak ka bang mahirap?

[uls]

I've been depressed for the past few months because I have to work as an employee for money. It's my dream to be an entrepreneur talaga. I read somewhere that if you 100% depend on your salary for a living then you are not financially secure because ideally we should have passive income or money working for us.

yes you're definitely not financially secure if you're an employee

what if for some reason you can't work na?

wala ka na income

you gotta have something that generates income even if you just stay home and watch TV all day

[badsekktor]

yes you're definitely not financially secure if you're an employee

what if for some reason you can't work na?

wala ka na income

you gotta have something that generates income even if you just stay home and watch TV all day

I agree.... kaya wag mo pagurin ang sarili mo sa kakatrabaho..... lugi ka pa kapag tinamaan ka ng sakit.....

BTT: AFAIK, my parents rented when I was born... luckily masinop at marunong sila humawak ng pera kaya before ako makapag-aral eh nakabili na kami ng bahay. I still recall yun mga kwento ng mga kamag-anak namin kung paano nagsimula ang mga lolo at lola ko. Nagrerent lang sila sa barung-barong na tagpi-tagpi ang dingding ng karton. Naging ulila ang dad ko at the age of 10 at naranasan niya ang buhay sa squatters area. Ang nanay ko din naman eh nanggaling din sa mahirap na pamilya na may 13 kapatid at sa isang kubo nakatira sa bundok.

Siguro sa ugali na rin ng mga ninuno namin na namana ng mga apo kaya nagsipag-asenso.... ngayon, meron mga lote, bahay, negosyo, bukirin at sasakyan....

[[archie]]

I've been depressed for the past few months because I have to work as an employee for money. It's my dream to be an entrepreneur talaga. I read somewhere that if you 100% depend on your salary for a living then you are not financially secure because ideally we should have passive income or money working for us.

read rich dad poor dad. its a good one.

yes you're definitely not financially secure if you're an employee

what if for some reason you can't work na?

wala ka na income

you gotta have something that generates income even if you just stay home and watch TV all day

thats very true. my parents actually do not want me to go to employment. they say a business will always take care of you as long as you take care of it.

[_Cathy_]

I need to think of a good business because I don't have enough capital for my dream business. I feel like I made the wrong decision (it still haunts me every single day) because 5 years ago my parents gave me money to buy a new car but I opted to use the money to study and take a break from work. Now that I am working again, I realised that I don't wanna go back to the corporate world anymore and my parents refuse to support me should I quit my job. I should have used the money for business instead.

It's so hard to survive in this world. I don't know how other people my age do it. Most are buying cars and condos. I don't even have my own savings account.

[[archie]]

IMO sell something of good value that can be your capital. even if you love it so much, its still an "IT".

i love my car but it cant feed me, make money etc. (actually, its a money pit). malapit ko na let go para capital. just brushing up on the details of a good business i have in mind.

edit: sorry OT na ko.

[shadow]

basta lahat ngayon dito nag reply at least middle class, ang mahirap for me is yun squatter type.

[jimnyeatworld]

That's a nice story jimnyeatworld.

When I was a kid I thought we were poor. My playmates used to get better toys and even when the Japanese robots came out I didn't get one and contented myself with stickers. Hehehe.

Anyway, when I got older I realized my neighbors didn't have their priorities straight. They would get new stuff a lot but I didn't know being a kid. My folks actually wanted to instill something in us. We had everything we needed but not everything we wanted. Funny thing is our neighbors who seemed to have the best of everything, were actually tenants in our property.

thanks man.

yan din sinasabi ng dad ko sa'kin after that humbling incident with his former friend. wag daw ako masyado maggagastos sa mga bagay na hindi naman long term, dapat ang priority ko daw eh yun mga bagay na masasandalan ko sa future. as in sabi ko sa yo, ako ata ang naturuan ng leksyon sa sinapit nya

nun nagtrabaho ako, sabi nya walang kwenta mamasukan, wala daw ako patutunguhan

and so nag-business ako along with my classmates, sabi nya wala daw patutunguhan yan. mag-aaway lang daw kami ng mga kaibigan ko sa pera. and it did, nag-away-away nga kami sa distribution of jobs then sa pera pero kakampi ko yun 2, yun isa i dont talk na since noon.

and so nag-business ako mag-isa, sabi nya wala daw kwenta kung isa lang branch ko. di daw ako bubuhayin nyan

and so I branched out and exponentially increased my net worth in the process. sabi nya madaling maubos yan, wag daw ako masyado mayabang. HELLO! sabi ko sa inyo masisira talaga ulo ko sa tatay ko lalo na kung nakikita ko yun bunso kapatid ko never nag-strive katulad ko

and so i entered the dreaded stage, nag-rebelde ako. in the recent years, instead na i-please ko pa sya, gumastos ako ng gumastos sa sarili ko, bili dito bili dun hanggang napabayaan ko business ko. i closed most of my businesses kasi instead na harapin ko problema, ang ginawa ko ki-nashout ko yun problematic business tapos ginastos ko

ngaun my dad thinks lowly of me than ever. everytime he sees me, he tells me after all these years bakit yan lang ang napundar mo etc.

oh well, i guess the lesson of the story is this, walang lesson pag yumayaman ka. the lessons come-in in bulk pag nagkakan-daleche leche buhay mo ,, so kung mahirap ka or nag-struggle ka ngaun, be on the lookout for the signs. kasi pakiramdam ko ngaun ako yun dad ko noon, tapos dad ko yun friend nya noon.

[safeorigin]

I wonder how many poor souls will fall as prey...

[jimnyeatworld]

I need to think of a good business because I don't have enough capital for my dream business. I feel like I made the wrong decision (it still haunts me every single day) because 5 years ago my parents gave me money to buy a new car but I opted to use the money to study and take a break from work. Now that I am working again, I realised that I don't wanna go back to the corporate world anymore and my parents refuse to support me should I quit my job. I should have used the money for business instead.

It's so hard to survive in this world. I don't know how other people my age do it. Most are buying cars and condos. I don't even have my own savings account.

people your age are buying cars and condos bec. they are portraying an illusion that they are rich or are basing their purchasing power on what they are earning now.

ganyan din ako noon. and for the love of god, don't follow rich dad, poor dad. yan ang idol ko noon way way back 1997, along with people of my age. if you ask me Kiyosaki is the devil incarnate, i think he indirectly caused the asian financial crisis, the oil crisis, the subprime crisis and the recent global financial crisis na hanggang ngaun hindi ma-solve solve ni Obama.

Pay YOurself first will lead you nowhere, trust me. personally, i think he should be shot for giving us all wrong advice.

[badsekktor]

Having a business is one thing but having a successful business is another..... Mas mahirap sa panahon ngayon magnegosyo.... masyadong maraming factors ang dapat i-consider para maging successful ang business mo...

[_Cathy_]

Can anyone give the jist of Rich Dad Poor Dad?

Para ba siyang si Colayco?

[jimnyeatworld]

*cathy,

rich dad - the cool dad. the dad who went for money and never really participated in school. can be degree-holder or drop-out
disregarded the natural order of things. opportunistic freak who took advantage of other people's misfortune <namimili ng mga nalulugi negosyo at bahay lupa>

poor dad - our typical dad. hard-working, idealistic, family-caring, degree-holder.

[[archie]]

Can anyone give the jist of Rich Dad Poor Dad?

Para ba siyang si Colayco?

i dunno colayco but rich dad poor dad would say financial success does not rely on you making the money (poor dad). financial success relies on your money working for you (rich dad). basically, its not all about good education and a good job.

there are steps involve but its up to you how to make it work for you. its basically a guideline. IMO you do not have to follow it if it seems not applicable to you BUT its there to help you.

Having a business is one thing but having a successful business is another..... Mas mahirap sa panahon ngayon magnegosyo.... masyadong maraming factors ang dapat i-consider para maging successful angbusiness mo...

for me fear of the unknown is the only thing holding back people to do business. somewhere i read - "if i dont become successful in something, that only means i did not try to do every thing to make it work"

[uls]

haynako

ang mga self help books na yan

people buy the books, the publishers and authors make money

[boybi]

Decades ago, basta masipag ka lang, yayaman ka.

Now, kahit gaano ka kasipag, hindi ka sure ball na aasenso. You have to be creative and innovative. Sometimes dapat nasa timing ka din sa pagpasok sa business.

And also luck.

[[archie]]

haynako

ang mga self help books na yan

people buy the books, the publishers and authors make money

yep, they make the money. IMO if the book helped me to get rid of the fear, worth it kahit kumita sila from me.

Decades ago, basta masipag ka lang, yayaman ka.

Now, kahit gaano ka kasipag, hindi ka sure ball na aasenso. You have to be creative and innovative. Sometimes dapat nasa timing ka din sa pagpasok sa business.

And also luck.

true true, create a need and capitalize on it.

there is also a saying that "no market is too saturated. its how you become unique to others that will make you... you."

[badsekktor]

for me fear of the unknown is the only thing holding back people to do business. somewhere i read - "if i dont become successful in something, that only means i did not try to do every thing to make it work"

yes but that doesnt mean that venturing into business is like an adventure. Business is more of a battle so preparation is the key here....

Just remember that 80% of startup businesses fails....

haynako

ang mga self help books na yan

people buy the books, the publishers and authors make money

people are just so gullible!

Decades ago, basta masipag ka lang, yayaman ka.

Now, kahit gaano ka kasipag, hindi ka sure ball na aasenso. You have to be creative and innovative. Sometimes dapat nasa timing ka din sa pagpasok sa business.

And also luck.

Yep! mahigpit na competition ngayon hindi kagaya before. Kahit established na negosyo mo pwede ka bumagsak in an instant

[jimnyeatworld]

<double post

[[archie]]

yes but that doesnt mean that venturing into business is like an adventure. Business is more of a battle so preparation is the key here....

Just remember that 80% of startup businesses fails....

yep yep, its a blood bath in fact. getting a slice of the pie is the goal. make a calculated risk rather than just risk.

people are just so gullible!

im just one of those people i guess.

[jimnyeatworld]

Decades ago, basta masipag ka lang, yayaman ka.

Now, kahit gaano ka kasipag, hindi ka sure ball na aasenso. You have to be creative and innovative. Sometimes dapat nasa timing ka din sa pagpasok sa business.

And also luck.

yeah luck plays a very important role. luck is what happens when preparation meets opportunity.