What Are You Thinking About?

[jut703]

Had a friend na ganito din, actually ka course namin not his own business pero naging parang startup sila (local arm of a foreign company). Mukhang mas enjoy siya and the benefits are good naman pero parang iba yung 'requirements' to really succeed in that kind of stuff.

Interesting, may I know what the different requirements are to succeed in handling SMEs in comparison to a successful corporate career?

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[uls]

if i were gonna join a startup i'll look for one that has many big investors backing them

sigurado they're generous coz they're burning cash

[uls]

kung sweldo ang pag uusapan di lang big established companies ang kaya mag sweldo nang malaki

well-funded startups can also match big companies' pay

may equity pa

so if the startup makes it big that equity will translate to millions $$$

[jut703]

kung sweldo ang pag uusapan di lang big established companies ang kaya mag sweldo nang malaki

well-funded startups can also match big companies' pay

may equity pa

so if the startup makes it big that equity will translate to millions $$$

Yeah maraming galing sa company namin na lumipat sa Uber when they set up shop here. Although when we say startup, puro mga international startup naiisip ko.

Out of curiosity, what are the local startups that pay better than established multinationals?

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[_Cathy_]

kung sweldo ang pag uusapan di lang big established companies ang kaya mag sweldo nang malaki

So true! My Dad worked for a company owned by a Spanish Filipino family. He had so many benefits at department head level. He had a "staff house" near the plant, company cars, bonuses etc. Whenever they will get rid of stuff, mauna una na lang sa pagkuha (sofas, cabinets, tables, computers etc). LOL! I can go to my Dad's office and hang out there anytime too. You can NEVER do those in a multinational AFAIK.

I took my course specifically because I wanted to work with my Dad (my Dad took over my Lolo's position). Gusto ko kasi 24/7 kasama ko Daddy ko He did not want because he wanted me to work in a multinational corporation When I started working in a multinational I was so surprised how everything was so structured unlike what I was used to seeing growing up in my Dad's company.

Pareho pala department head Dad ko and crush

[EQAddict]

Yeah maraming galing sa company namin na lumipat sa Uber when they set up shop here. Although when we say startup, puro mga international startup naiisip ko.

Out of curiosity, what are the local startups that pay better than established multinationals?

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Xurpas (well they arent a startup anymore).

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[KingoftheNorth]

Yeah maraming galing sa company namin na lumipat sa Uber when they set up shop here. Although when we say startup, puro mga international startup naiisip ko.

Out of curiosity, what are the local startups that pay better than established multinationals?

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Alam ko rin very few local startups could pay better than MNCs.

The "smaller" international startup companies in the PH who could afford to match big MNC's salaries and benefits for employees would be those engaged in online betting and gaming.

[uls]

Yeah maraming galing sa company namin na lumipat sa Uber when they set up shop here. Although when we say startup, puro mga international startup naiisip ko.

Out of curiosity, what are the local startups that pay better than established multinationals?

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yes foreign-based startups with Philippine operations should be able to match multinational salaries since they got lots of investor capital to burn

dunno salaries of filipino-founded/owned startups

but there are pinoy startups that have raised serious capital

[jut703]

Xurpas (well they arent a startup anymore).

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Yeah they've been around for quite a while but they do have that startup vibe. I'm not updated with the company but I was surprised that their stock price dropped from a high of P15 two years ago to under 4 pesos today.

This new gig though isn't for a startup, just got curious about local startups since my impression is that it isn't at the same level as Silicon Valley startups yet.

Feeling ko mas malaki pa kita sa koprahan, quarry, etc kaysa sa local tech startups, or maybe that's just what's common here in the province.

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[jut703]

yes foreign-based startups with Philippine operations should be able to match multinational salaries since they got lots of investor capital to burn

dunno salaries of filipino-founded/owned startups

but there are pinoy startups that have raised serious capital

Technically foreign startups like Uber are also multinationals being that they are present in multiple countries, so I tend to bunch them all up together.

Got an Uber offer a while back. They're also very active in campus recruitment and my friends who work there actively promote their openings on social media. They operate a lot like a true multinational in that sense.

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[dreamur]

Yeah maraming galing sa company namin na lumipat sa Uber when they set up shop here. Although when we say startup, puro mga international startup naiisip ko.

Out of curiosity, what are the local startups that pay better than established multinationals?

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You should look for MNCs setting up their shared service organizations here or doing a fresh KT. Being part of the pioneer team gives you the opportunity to grow with the company and catching the top positions. Plus the perks of traveling to migrate processes to PH. I have seen CVs where they led the process migration and ended up directors with minimum salary of P400K/month + perks.

Caveat: With the impending TRAIN2, the investors are on a wait and see before deciding to invest.

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[jut703]

You should look for MNCs setting up their shared service organizations here or doing a fresh KT. Being part of the pioneer team gives you the opportunity to grow with the company and catching the top positions. Plus the perks of traveling to migrate processes to PH. I have seen CVs where they led the process migration and ended up directors with minimum salary of P400K/month + perks.

Caveat: With the impending TRAIN2, the investors are on a wait and see before deciding to invest.

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My work experience isn't aligned with shared services bro. Hindi ako IT/accounting/finance eh. [emoji17]

And kung corporate lang din nga, I think mas maganda na magstay muna where I am right now. If I were to stay corporate, the plan really is to stay for the next decade before opening myself up to piracy again.

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[_Cathy_]

Feeling ko mas malaki pa kita sa koprahan, quarry, etc kaysa sa local tech startups, or maybe that's just what's common here in the province.

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Yup. My uncle who recently passed away sells puno ng niyog when he wants to buy a new car or make a big purchase. I forgot how much pero mahal din isang puno. The rest of the year he just waits for money from harvest. He also supplies fruits in malls etc. Every weekend nasa market he sells also.

Tawag niya sa sarili niya tindero but he earns better than suit wearing VPs in Makati or BGC. No need to wake up early pa. Lol.

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[mda]

Interesting, may I know what the different requirements are to succeed in handling SMEs in comparison to a successful corporate career?

For that guy since nag startup siya from scratch, it's really more of being able to be your own boss (not only do you need to fulfill your own responsibilities, but you have to give yourself your own responsibilities and prioritize them well din, also which to delegate away and when), whereas sa established corpo medyo set na rin yung responsibilities ng role na papasukan ng tao..

Yung sa kaibigan ko, he is the country head here, the HR, dabbles in sales, ops and accounting at the same time. Needless to say you really have to want it to be successful as a startup. It helps if marami kang kasama who are willing to put in the time and effort din.

If I were to stay corporate, the plan really is to stay for the next decade before opening myself up to piracy again.

With your company right now, there are really few places that are better. Haha. Pwede na if/when one of the 'better' ones call ;)

[minicarph]

Yeah they've been around for quite a while but they do have that startup vibe. I'm not updated with the company but I was surprised that their stock price dropped from a high of P15 two years ago to under 4 pesos today.

This new gig though isn't for a startup, just got curious about local startups since my impression is that it isn't at the same level as Silicon Valley startups yet.

Feeling ko mas malaki pa kita sa koprahan, quarry, etc kaysa sa local tech startups, or maybe that's just what's common here in the province.

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yes juts ang dapat na business or career eh timeless, you mentioned quarry, sobrang related yan sa kin kaya nakabile ako MUX last year, tapos ngaun baka makapag Eurotrip na naman ako, hopefully

yan mga startup apps na yan or mga technology, sayang lang oras dyan. so many intelligent graduates doing that, para sakin nag-regress lang sila ng sobrang info overload sa smartphone at internet. pero ako bantay kay Jack Ma lahat movement nya dito sa Pnas. ewan pelo talaga bantay ako kanya

[uls]

pero ako bantay kay Jack Ma lahat movement nya dito sa Pnas. ewan pelo talaga bantay ako kanya

pati mga kastila na akala ko ayaw sa intsik nakipag team up kay Jack Ma

Ayala, Jack Ma firm launches purchase-by-scan system | Inquirer Business


cannot ignore China tech


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i'm also watching Alibaba

not only Alibaba

i'm also watching Tencent

[minicarph]

ginu-good time lang ni Jack Ma sa digital payment system na yan ang mga Ayala. besides, the best payment pa din credit card using paywave, kasi utang. eh dyan kelangan me laman account mo

I think I have an idea what Jack Ma is really doing here, and it has to something about Fulfillment. ayaw ko na mag-reveal, kasi halos 3 buwan ko din inaral ang Fulfillment. pero para sakin yan ang totoo agenda.

[uls]

ginu-good time lang ni Jack Ma sa digital payment system na yan ang mga Ayala. besides, the best payment pa din credit card using paywave, kasi utang. eh dyan kelangan me laman account mo

I think I have an idea what Jack Ma is really doing here, and it has to something about Fulfillment. ayaw ko na mag-reveal, kasi halos 3 buwan ko din inaral ang Fulfillment. pero para sakin yan ang totoo agenda.

kung fulfilment sa buhay ewan

kung fulfilment centers sa Asia -- Oo nagtatayo siya ng mga fulfilment centers

hawak ng Alibaba ang ecommerce sa Asia

kailangan niya ng same infrastructure as amazon

[minicarph]

yes fulfilment center. pero ewan ko kasi madaming maysakit na klepto dito satin. case in point whats happening to our airports when they hire contractual baggers and loaders

and also more fulfillment centers mean so many large malls will close down. aalma mga Philippine tycoons nyan kay Jack Ma

[uls]

yes fulfilment center. pero ewan ko kasi madaming maysakit na klepto dito satin. case in point whats happening to our airports when they hire contractual baggers and loaders

and also more fulfillment centers mean so many large malls will close down. aalma mga Philippine tycoons nyan kay Jack Ma

Online shopping is big and gonna be many times bigger

Kaya pasok ka sa warehousing and logistics

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Alam ng mga taipan threat sa kanila

Papasok din sila sa online shopping

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Mga bagong mall ngayon mas madani resto

Less retail

Doon talaga papunta