I just want to share this information na sinulat ni idol Butch Salvador from entrep forums http://www.entrepreneur.com.ph/board/index.php?topic=18389.240
He is one of the Filipino I salute. I hope you will learn a lot from him too.
MEAL MAGIC may it inspire (who said you need capital to start a business?)
By butch Salvador (CAR MAGIC / SPA MAGIC/ MEAL MAGIC)
The first thing that enters our mind when we hear the word â€œbusinessâ€ is CAPITAL. How can I start a business without capital? This little problem usually shatters most of our kababayans to pursue their business venture.
Capital has been stopping dreams, plans, wishes, imagination etc. Iv heard most employees say, magiipon lang ako! Pag naka ipon ng pera may capital na ko! Unfortunately, 95% of these people just ends up holding on to their money after retiring with fear and trembling thinking that it will be a risk to start a business and that what will they do if they lose that only savings that they have?! So, they grow old hoping whatever was saved would be enough till they pas away.
Worst, they never forget to remind their kids to study hard, get a good job and take care of them when they grow old! Ewan ko san natin natutunang mga Pilipino yang ugaling yan! Ang sama diba?
So, kailangan nga ba talaga ng capital sa pag nenegosyo? Ang sagot ko, depende sa negosyo!
At kung wala kang pera pang negosyo, hindi hindrance ang pagkawalang pera sa pagnenegosyo!
Again! The context here is â€œstarting a business without a capitalâ€. Para sa walang pang capitalâ€¦ kung may pera ka naman, go ahead and use that money to start your business, however as I always say and teachâ€¦ start with small , calculated risksâ€¦ wag kang mag ribbon cutting na may guess kang celebrity sa opening ng iyong â€œtapioca stallâ€. (Sago at gulaman. HWAG PO! Maawa kayo sa sari nyoâ€¦ wag mayabang.
So, let me share to you howâ€¦
Reminders munaâ€¦1. dapat kung magnenegosyo ka ng walang capital, you must start a NEED business. What I mean is, it has to earn immediately. Why? Because if it wont earn immediately, youâ€™ll give it up. 2. remember, wala kang capitalâ€¦ pag hindi ito kumita agad, wala kang pang sustain nito. So kailangan kumita agad para wag ka ma desperate and youll have cash to make it operate and sustain.
When youâ€™re thinking of a food business, dib a dapat may components ito like, kusina, kaldero, kalan, taga luto, mamamalengke, taga bitbit, hiwa , saeng, langaw, sabon, maghuhugas ng pinag lutuan etcâ€¦ wag mo eliminate ang langaw, ipis, dagaâ€¦ mabubulukan ng pagkain, refrigerator, electric billsâ€¦ dami nohâ€¦
When I conceptualized the business, I considered all these things. But entrepreneurship is all about innovation and new ideas, right?
So I conceptualize a food business that eliminates the hard work! Teka teka, pano yun? Well ganito po yun! And it will prove that it doesnâ€™t take capital to start a business.
I practically spent 3 days going around marikina eating at different KARINDERYA â€˜s having a feast on the best tasting and cleanest food in town. Finally the search was over when I tasted he best chicken honey by aling tinaâ€¦ I got back the next day and tried other ulam that she has.
I talked to aling tina and asked her for my billâ€¦ the price for ulam and kanin was P25.00.
Not bad at all! I talked to her after and asked her, how much is she willing to give a packed (styro) ulam and rice if I get 100 packs daily. She talked o her husband and finally decided to sell it to me at P22.00. I said great! I told her that ill start ordering the week after.
I started going around offices, schools, and banks etc. where I have contacts. I told them that I can deliver lunch for them at P50.00 daily.
Palagay nyoâ€¦ ano nangyariâ€¦?
At P25.00 profit for every meal ilabas mo lahat ng gastos from gas or transpo, marketing materials etcâ€¦ uy, malaki kita nunâ€¦
Quistyon?! Asan puhunan? Asan yung â€¦ teka copy paste ko nalang ahâ€¦.
â€œkusina, kaldero, kalan, taga luto, mamamalengke, taga bitbit, hiwa , saeng, langaw, sabon, maghuhugas ng pinag lutuan etcâ€¦ wag mo eliminate ang langaw, ipis, dagaâ€¦ mabubulukan ng pagkain, refrigerator, electric billsâ€¦ dami nohâ€¦â€
POINT! 1. You do not need money or capital to start a business!!!! Sipag at tyaga ang kailangan mo! 2. it is not necessary for you to know the â€œins and outsâ€ of a business to start one! If you donâ€™t know how, get someone who knows how! (madami puro isip â€¦ hanggang ngayon walang masimulang nigosyo).
Well if you want the operations, its up to you! Ang kausap ko dito yung magnenegosyo na walang capital! Yung PILIPINONG nag iisip na pag walang capital, hindi na pwedeng mag negosyo!
The pattern may be copies with other businesses!
To be continuedâ€¦ (promise)