01:20.2
And hindi tayo na.
01:21.1
Nagbibigyan ng mga magandang role models at saka mga examples that people can emulate.
01:26.6
But having said that, you know, yung sa ibang bansa kasi like for example, I grew up in Canada, no?
01:34.8
During summers, we have workshops that you can enroll in.
01:39.0
So, I enrolled in a workshop.
01:40.3
It's an entrepreneurship workshop.
01:43.0
I imagine mo, a 16-year-old, tapos sinabihan ka na, okay kids, you guys group together into groups of four.
01:49.3
Come up with a business idea.
01:51.1
Okay, paanong idea yan?
01:52.9
We're gonna fund it.
01:55.7
And then, okay, go, try to sell it.
01:57.7
Now, what does it explain na yung mga konsepto?
01:59.8
Walang ganon dito sa Pilipinas eh.
02:01.3
That's the unfortunate thing, number one.
02:02.5
Number two, confidence.
02:04.2
Isang napansin ko, no, sa Pilipinas, ano, we lack confidence.
02:08.5
Versus when you hear Americans, my God, they're so full of confidence.
02:12.9
Medyo over the top.
02:14.7
Pero, dalo, over the top.
02:17.5
Pero, alam mo, laking tulong yung nagkakaroon ka ng ganyang klaseng confidence.
02:20.5
Sa kahit nga hindi mo alam ginagawa mo, basta confident ka, you can kind of navigate through it.
02:25.4
Sa atin naman, maraming magigaling na Pinoy.
02:27.7
Ito napansin ko sa Pinoy.
02:28.9
We have a lot of amazingly smart Filipinos.
02:31.7
Programmers, engineers, computer scientists are very, very smart.
02:35.7
And yet, kulang tayo sa entrepreneurship.
02:38.2
And it's not because of the intelligence, ha.
02:40.2
It's the confidence.
02:43.6
Ikaw, Mark, bilang isang Filipino entrepreneur, I mean, what is your understanding on this?
02:50.5
Oo nga. Kulang pa rin talaga when it comes to schools.
02:55.0
Yung mga students, kulang sa financial education.
02:58.6
Kaya pag-graduate, walang alam masyado pagdating sa pera, pagdating in taking care of their money,
03:05.2
in using credit cards, pagdating sa mga utang, in starting a business.
03:11.0
And nandun pa rin yung mindset na to become an employee first, look for a stable job.
03:17.7
So many years na, so many.
03:19.8
Ang daming mindset.
03:20.5
Yung mga moves na, like yung Go Negosyo, and yung mga iba pang mga campaigns to promote entrepreneurship.
03:28.2
Pero parang kulang pa rin yung, ano, kulang pa rin yung, tama, sinabi, yung confidence, eh, ng ordinary Pinoy is to start a business.
03:35.8
Pero ano, I think ang malaking factor din ngayon sa social media, like yung pagdating sa TikTok,
03:42.7
yung mga entrepreneurs na, entrepreneurs na they're documenting yung negosyo nila.
03:50.5
I think it also helps din in developing that culture sa mga Pinoy.
03:55.0
In trying to develop more entrepreneurs and more.
03:58.9
Ako naman, sa experience ko, it comes from my dad.
04:03.3
Yung at an early age, yung dad ko started his own business.
04:06.8
So tapos ngayon, 30 years na yung company.
04:11.5
So doon ko natutunan yung every aspect of starting a business.
04:14.4
Pero for ordinary, for other Pinoy na walang exposure na ganun, talagang...
04:23.0
Mahira for them na matanggal yung takot and yung mindset na...
04:28.4
Compared sa mga, ano, ang magandang tignan din yung mga Chinoys, mga Filipino-Chinese,
04:34.0
at at an early age, they are trained to take over their business.
04:38.0
Di ba, bata pa lang, pinagtutulong sila sa warehouse, nila yung matitinda.
04:42.4
Again, maybe Chris can say more on that.
04:44.9
Because there's an existing infrastructure already, right?
04:47.5
Unlike, you know, let's say an average Pinoy middle class,
04:50.3
you have to really start from scratch.
04:51.9
So where do you get that?
04:53.0
I mean, Chris, what is your take on that?
04:55.4
But before we go there, I just want to say something.
04:57.2
Because Chris, you said something very interesting about, you know,
04:59.7
confidence and, you know, culture of entrepreneurship.
05:02.5
There was this very interesting book by Amy Chua, no?
05:04.6
And Jed Rubenfeld, no?
05:06.4
The Triple Package, looking at the successful minorities in America, for instance.
05:10.8
The Chinese-Americans, Indian-Americans, Iranian-Americans, Cuban-Americans,
05:15.3
Vietnamese-American, and Nigerian-Americans.
05:17.2
And he said, it's a combination of superiority conflict,
05:20.3
inferiority complex, like, you know, they have to prove something.
05:23.1
And at the same time, yung ability to delay gratification, right?
05:27.2
Because if your mindset is, you know, you want to make an investment now,
05:30.9
you want to be billionaire, get the Ferrari next year,
05:33.1
you're really going to get into Ponzi schemes,
05:35.0
or you're never going to succeed.
05:36.4
Because really, being a good businessman is delayed gratification,
05:40.5
go for the long haul.
05:42.4
And of course, you have to, that kind of mindset,
05:45.4
that kaya mo yan, that we can do it as good as any other group, yeah?
05:49.1
So that was her story.
05:50.3
Study of minorities, successful minorities,
05:54.0
six different minorities in the case of United States.
05:56.3
I mean, for me, it makes sense in some ways.
05:59.3
I don't always agree with Amy Chua.
06:00.8
And of course, Amy Chua's mom is from Philippines and UST.
06:04.0
Chinoy din yung mom niya.
06:04.9
So, I'm just saying, you know.
06:06.4
But ikaw, Chris, like, what is your take on yung sinasabi ni Mark dyan?
06:10.7
Actually, if you look at the biggest entrepreneurs or the most successful ones,
06:15.1
hindi sila galing sa mga political,
06:18.3
ay, mga political, sorry,
06:19.5
mga politics pa rin.
06:20.3
Hindi sila galing sa mga billionaires na Chinoys.
06:25.0
Most of the ones that really make it actually started off middle class
06:29.3
or even lower middle class.
06:32.0
Look, I mean, look at Henry C.
06:33.5
Henry C. did not start off rich.
06:35.8
Look at the Gokongwes.
06:37.6
He, John Gokongwe didn't start off rich.
06:41.1
And then, their kids, though, are very, very smart
06:43.8
and have been trained well.
06:45.6
But the legacy was already from the parents, eh, di ba?
06:49.2
But the ones that really make it big now
06:51.4
are the ones that really have a pain
06:53.6
in yung mayroon silang hugot.
06:56.1
Kung wala ka nun, ano, maraming mga mayayaman dyan,
06:58.3
they'll never make it big.
06:59.8
They're already just sustaining the lifestyle they have.
07:02.4
They're basically just inheriting the money
07:04.0
and it's post, it's ano na lang, generational wealth.
07:06.7
Ganoon na lang yun.
07:07.8
Now, I'll give you an example, ano.
07:09.7
You know, when you talk about entrepreneurship,
07:11.5
I realize that nowadays,
07:13.7
mas maraming opportunities for entrepreneurs.
07:16.7
I'm talking about, nabanggit nga ni Mark,
07:18.7
yung TikTok, for example.
07:20.7
I am so fascinated with this affiliate program of TikTok
07:23.9
and how it opened up entrepreneurship for people
07:26.6
that you've got this TikToker, si Rosemar Tan.
07:31.7
One of the biggest TikTokers
07:33.0
and she was bragging on Corina Sanchez's show
07:36.3
that she made, at a height of her business,
07:39.8
13 million a day.
07:42.3
She's a good friend, eh, si Rosemar.
07:43.8
Alam mo sa akin, ano,
07:45.8
I am grateful to see,
07:48.7
and I'm so happy to see mga entrepreneurs on TikTok
07:52.4
that are making it big
07:54.0
and doing their thing.
07:56.1
What's the name of that guy, yung ano,
07:57.7
the guy yung palaging galit na may hawak na umbrella
08:00.2
at na sumika dahil doon tapos,
08:02.3
he made a killing because of that.
08:04.5
Do you know him, Mark?
08:07.0
Yung parang guy na hinampas lang yung ganoon-anong mga.
08:11.6
Yeah, yeah. Ang galing niya.
08:12.7
And he's just always angry at everything.
08:14.7
Alam ko si Mecos, Mecos.
08:16.1
Yeah, but alam mo, ha,
08:18.6
he sells millions.
08:21.2
So when I see this, it fascinates me
08:23.9
and I think a lot of people are now learning to be entrepreneurs.
08:27.5
The Axie Infinity thing, I think,
08:29.1
taught a lot of people to be entrepreneurs as well,
08:31.1
to be entrepreneurs.
08:31.8
So meron namang mga opportunities.
08:33.9
Kaya lang, nagpipigil sa tao talaga sometimes,
08:38.1
Tingin nila kailangan ng pera para maging entrepreneur, eh,
08:40.5
which is the fallacy, eh.
08:43.5
Even the top influencers,
08:45.9
when you reach a certain level of fame,
08:48.6
next move na is to start a business, eh.
08:51.7
So yun ang nagiging trend, eh,
08:55.9
for example, sila, Kong TV.
08:59.4
Yung wife niya, si V, diba?
09:01.0
They started as one of the top YouTubers,
09:04.3
pero ngayon, how many businesses do they have, diba?
09:06.5
Ang dami nilang mga negosyo,
09:09.8
Si Wiliong, diba?
09:10.7
Si Wiliong, ang dami nilang mga products.
09:17.1
not so much yung saliling best na si Doc Willie, eh.
09:23.2
Pero yun, yun nga,
09:24.0
the types of like Rosmar.
09:25.9
Si Rosmar, I saw her
09:27.1
back mga six years ago,
09:29.1
meron lang siyang small restaurant.
09:31.2
Tapos, she just wanted to be famous online.
09:34.7
she got into TikTok,
09:36.1
sumigit siya doon.
09:37.5
Siya na yung pinakasikat sa TikTok
09:38.8
nung pumasok yung mga affiliate program.
09:41.4
Kaya, she was able to capitalize.
09:43.6
sobrang yaman na nitong si Rosmar.
09:47.4
Marami yung mga ganong mga cases nga.
09:50.4
And now, it's the best time talaga.
09:52.4
Kumpara nung when we were younger,
09:53.9
wala naman yung ganyang opportunities masyado for us.
09:57.4
You have to go to the corporate ladder.
10:02.5
diba, you're a student.
10:04.1
You're a fresh graduate.
10:05.6
Ang daming mga opportunities to earn.
10:07.6
You just have to...
10:12.5
really pag-aralan
10:14.5
and work hard on it.
10:16.2
Kaya, nagdago na rin, ano,
10:17.6
Mark and Richard, ano,
10:18.9
na, alam mo, like,
10:20.7
there are a lot of people
10:21.6
that are probably watching this
10:22.7
na, that are working for a company.
10:26.8
I want to emphasize this.
10:28.2
When you talk about entrepreneurship,
10:29.6
hindi lang naman yung ibig sabihin
10:30.6
magsastart ka ng sarili mong negosyo.
10:33.2
You can be an entrepreneur at work.
10:35.8
And being an entrepreneur is a mindset
10:39.1
na kahit na nagta...
10:42.7
Okay, nagtatrabaho ka lang 9 to 5.
10:46.0
you're a call center agent.
10:47.5
Okay, you can be an entrepreneur
10:48.8
as a call center agent.
10:50.4
Do the best work you can.
10:52.3
Give the best service.
10:53.8
Because your employer
10:54.9
is your one and only customer.
10:58.0
Na kailangan masaya yung customer.
10:59.9
You gotta do everything you can
11:01.2
to make that customer happy.
11:03.0
That's how you learn
11:04.1
the entrepreneur mindset.
11:05.6
Now, after nakuha mo na
11:06.9
yung isang customer,
11:07.7
alam mo na how to make
11:08.4
the customer happy,
11:09.5
and you know how to get the customer,
11:11.6
you can apply that same mindset
11:14.3
okay, I wanna get more than
11:15.3
just one customer.
11:15.8
Now, I wanna get 4 or 5
11:19.0
And then, ayan na.
11:19.8
Being a consultant,
11:21.1
that's an entrepreneurship.
11:22.3
Or moving past that.
11:23.6
And instead of selling services,
11:25.2
you can also sell your products.
11:26.8
So, yun yung entrepreneurial mindset
11:28.3
that people forget.
11:30.7
That you need to develop.
11:32.5
And ang maganda sa
11:35.0
before you become an entrepreneur
11:37.0
You learn discipline.
11:39.2
Dahil ang pinakamahirap na parte
11:41.0
ng pagiging entrepreneur
11:42.2
is yung disiplina.
11:45.1
papasok na yung discipline.
11:45.8
Kung sa trabaho mo
11:48.7
Kasi pag entrepreneur ka,
11:50.2
hindi ito 9 to 5.
11:51.8
Inuuwi mo yung sakit
11:54.2
This is 7 days a week,
11:57.9
You think being an employee
12:00.6
Being an entrepreneur
12:03.4
So, it starts with that.
12:05.7
And the last point siguro,
12:08.1
what is your advice for,
12:10.4
I mean, first of all,
12:11.2
bakit kailangan mag-entrepreneur
12:12.9
Aside from being their own boss.
12:14.4
Masarap maging sariling boss.
12:15.8
Walang ibang boss.
12:16.9
And what is your advice?
12:18.5
and then siguro, Chris.
12:26.0
every online tool,
12:28.3
lahat ng social media apps
12:31.4
available to you now.
12:33.5
Kasi ang laki ng opportunity.
12:35.4
Kung saan ang industry ka man,
12:36.9
kung ano yung interest mo,
12:40.3
yun yung try mong pasukin.
12:42.1
Pero ang napakaraming opportunity ngayon.
12:44.8
it's like sa TikTok,
12:45.8
ako sa YouTube and sa Facebook,
12:48.1
yun yung inaral ko.
12:49.2
Pero yun like sa TikTok,
12:50.3
there's still so much to learn
12:51.7
and so much skill to gain.
12:56.2
So, huwag nalang sayangin yung chance na yun.
12:59.2
Kasi ang laki talaga ng opportunity pa
13:05.8
to start your own business.
13:10.3
Thank you for that, Mark.
13:12.9
For me, you know,
13:13.8
for all the budding entrepreneurs out there,
13:15.3
yung mga gusto mag-upo sa nag-negosyo,
13:17.4
ang una kong advice
13:20.3
stop talking about it
13:21.9
and just start doing it.
13:24.5
like a lot of people talk too much,
13:26.1
they don't do enough.
13:27.2
Okay, number one.
13:28.7
discipline is so important.
13:32.1
yung commitment to get the job done,
13:34.9
to get the work done,
13:36.6
you need to have that discipline.
13:38.8
You need to develop that.
13:40.2
That's why for me,
13:41.4
if you're an employee now,
13:43.8
You have to develop,
13:45.3
develop that discipline
13:46.4
and then kung disiplinado ka na,
13:48.4
kaya mo na i-discipline na sarili mo,
13:50.8
then it's time that you can become an entrepreneur.
13:53.5
It's not just about the idea.
13:55.1
It's about the commitment
13:56.5
to make sure that the idea comes to fruition.
14:01.4
I'll also add, you know,
14:03.5
I'm so impressed with the QC government
14:09.5
because my girlfriend
14:10.4
joined the Startup QC program.
14:13.4
Ito yung entrepreneurship program
14:15.3
sa Anang Quezon City.
14:17.0
And you know what they do?
14:17.9
They give 1 million pesos
14:19.3
for startup businesses.
14:22.5
Walang limit yan.
14:23.4
It could be 5, 10, 10,
14:25.4
It doesn't matter.
14:26.2
Pag meron sila nakita mga businesses
14:28.5
they will give you a grant.
14:31.2
They don't want shares.
14:32.9
They'll just give you 1 million pesos
14:34.8
to be able to start your business.
14:37.1
Ang galing nung programa nila.
14:40.4
that's a good new thing.
14:41.9
I mean, Mark correctly pointed out,
14:42.9
make the best use of new platforms
14:45.3
that businessmen didn't have in the past.
14:47.5
And thank you, Chris, for mentioning.
14:48.6
I didn't know that we have
14:49.4
this startup policy also here.
14:51.5
And I think that's a perfect segue
14:52.6
to our next episode
14:53.5
because we're going to talk about
14:54.3
policy and governance
14:55.2
and how things should move forward.
14:57.6
yung favorite ni Mark,
15:00.2
Pag-usapan natin yan.
15:01.1
Thank you very much, gentlemen.
15:03.1
Our businessmen in the house.
15:05.5
Thank you for your fantastic interventions.
