An investment for keeps | Lifestyle.INQ

OCTOBER 27, 2022

If you’ve got the smarts and steely determination to set up your own business, then you must read on. Running a business can be a taxing ordeal. It will demand most, if not, all of your energy and time. But just as one is to a newborn child, you may find out that investing your time and finances in your business, will all be worth it.

Because more and more Filipinos are becoming fed up with the daily traffic in the Metro, some opt to stay home and explore other opportunities, such as freelance work. Currently, there are 1.3 million Filipinos who are into freelance work where most of them are in the customer service field that helps resolve issues of companies from the United States, United Kingdom, Australia and Canada, and who may earn an hourly rate between $3 and $25.

But some take the road less traveled and manage their own business.
This explains the rise of online entrepreneurs. Thanks to the power of the Internet and the advent of smartphones, more people turn to e-commerce to reach out to a wider market. The numbers support it. Forty-four percent of Filipinos are smartphone users; the average Filipino allocates 16.8 percent of their time on the Internet daily; while Forty-two percent spend time on social media. When we follow this trend, we can say that today is the best time to make use of these opportunities for the online entrepreneur’s benefit.

Below are tips on how to make it big with a startup business:

First, you must ask yourself: What are your hobbies? Is there any personal interest you can bank on as a home-based business? This will determine the direction of where your business is heading. And it will be a whole lot easier if you are earning while doing what you do best.

Second, Are you passionate enough? Because no matter what path you choose, you have to be committed to succeeding. Passion fuels your desire to give the best service and quality products to your customers. Remember too, that passion is contagious. This may also attract future investors or partners, which will be of tremendous help in the future.

Third, Learn to delegate. If you have started operations, you have to trust a team to do some of the duties and responsibilities. You cannot be the founder, CEO, CFO, salesperson, and the marketer in one. There are people out there who are more than willing to share their specialized interest in your business. Seek them out but choose them carefully.

Fourth, Focus on a marketing niche and a specific type of customer. Learn to harness the power of social network marketing to draw traffic to your business.

Fifth, it will be more cost-efficient if you live near your place of business that is located in the middle of where the action is. Even though your business is online, it would help a lot to add a physical store that people can visit. Little Baguio Terraces along N. Domingo St. in San Juan City, is a home that is near the Greenhills Shopping Center, which is one of the earliest hubs of commerce in Metro Manila. It is a district that is the ideal place to set up a shop for online entrepreneurs. Its proximity to other business districts such as Ortigas and Makati will surely give your business more attention and more room to grow.

The Little Baguio Terraces features amenities and facilities that are conducive to helping you build your own business too. Its relaxing ambiance, along with choice recreational amenities such as pools, outdoor spa, gym and even a daycare center offer you options as to how to handle your day. Also, with less traffic and better access to transportation, this new home offers a premium on accessibility and mobility, which is an advantage to pursuing your business. Little Baguio Terraces is real estate developer Empire East’s answer to creating more opportunities for start-up entrepreneurs.

To know more, you may call 810-3333 or e-mail [email protected]. For other properties by Empire East, visit www.empire-east.com or follow @empireeast on Facebook, Twitter, and Instagram.

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