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Three Challenges of Entrepreneurs in The Philippines

 

The last few weeks almost everywhere I go be it coffee shops, forums, or casual conversations, I usually encounter somebody or a gaggle 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 keep away from duplicity. I do encourage readers to hitch as we discover solutions.

 

 

Number 1: Government Licensing and Permits: entrepreneurs complain on how troublesome it is to use or renew with certain native authorities units. All the while I thought President Aquino has ordered the streamlining of presidency transactions. In fairness there are cities, which are known for efficient transaction. It makes somebody feel like being in a private office. So what can we do here? I feel we have to get more folks to return out in the open, categorical and establish the place those LGUs are giving difficulties to the entrepreneur. I always imagine that to complain is one other thing however to do something gives us more the ability to achieve results.

 

 

Number 2: Prohibitive Rental Rates and other clauses in Malls: this comes virtually as a tie with the above. There is no such thing as a doubt that doing business in shopping malls has advantages. Life for most people 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 however are feeling a bigger intensity of "OUCH" with rental rates and other incidental charges. Can there be an honest 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 may have missed such event, does anybody know if there may be one held or initiated? Generally I want there's a mall operator whose coronary heart is for the tenants first earlier than 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 lots of who haven't any jobs. Unemployment is high within the country. Each time there is a job truthful, I see thousands 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 those who are usually not just doing menial tasks. They are in want of people that have the right 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 employees always on-line in social media like Facebook or doing SMS to friends. The necessity of using folks is a necessity unless we've robots already in place. Nevertheless anybody wanting a job has to exert effort in being consistent 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 where students who're on OJT (On The Job Training) are monitored if they are getting the proper publicity and related to their courses. Finally 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 may be an eye-opener to some but for the others the challenges maybe are part of being an entrepreneur. I think we want not be complacent if we wish our country to achieve progress. From what I used to be taught by my mother, grandparents and lecturers, 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 a lot better than just taking no motion at all. The president of the country cannot be anticipated to do everything. Now we have to pitch in. Can we therefore say, "It is more fun to do business within the Philippines?" without butting an eye?

 

 

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