Three Challenges of Entrepreneurs in The Philippines


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The last few weeks virtually in all places I am going be it coffee shops, boards, or informal conversations, I usually encounter somebody or a group expressing the difficulties in doing enterprise within the country. Is this coincidental or was I just getting aware? At any rate I decided to begin writing and enumerating to avoid duplicity. I do encourage readers to affix as we explore solutions.

Number 1: Authorities Licensing and Permits: entrepreneurs complain on how troublesome it is to use or renew with sure local authorities units. All of the while I believed President Aquino has ordered the streamlining of government transactions. In equity there are cities, which are known for environment friendly transaction. It makes somebody really feel like being in a private office. So what do we do here? I really feel now we have to get more folks to return out in the open, express and determine the place these LGUs are giving difficulties to the entrepreneur. I always believe that to complain is another 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 almost as a tie with the above. There is no such thing as a doubt that doing enterprise 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. Let us avoid 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’ll have missed such event, does anybody know if there is one held or initiated? Generally I wish there’s a mall operator whose heart is for the tenants first before profits. It hurts to see a newly opened store and after six to 12 months show signs of losing cash, which finally gets boarded up with a tag “For Lease”.

Number three: Manpower: There are lots of who have no jobs. Unemployment is high in the country. Every time there’s a job honest, I see hundreds queuing even under the heat of the sun or in mall corridors. One level noted is the quality and experience of manpower. Entrepreneurs do look for those who aren’t just doing menial tasks. They’re in need of people that have the appropriate attitude and disposition in life. Oftentimes, there’s lack of focus or seriousness on the work. Well with the presence of smartphones and Internet, efficiency has been affected. One entrepreneur was complaining he would typically catch his office employees always online in social media like Facebook or doing SMS to friends. The necessity of employing individuals is a necessity unless we’ve got robots already in place. Nevertheless anybody wanting a job has to exert effort in being constant and serious in 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’re getting the proper exposure and associated to their courses. At last 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 yet for the others the challenges perhaps are part of being an entrepreneur. I think we’d like not be complacent if we want our country to achieve progress. From what I was taught by my mother, grandparents and academics, 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 amongst Asian countries. A small achievement each day is much better than just taking no action at all. The president of the country can’t be anticipated to do everything. We’ve to pitch in. Can we therefore say, “It’s more enjoyable to do enterprise in the Philippines?” without butting an eye?

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