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Life Updates

2018 Focus

It’s that time of the year again. It’s the first day of January. A new year is about to unfold. Every year, I share with you my goals and plans for the year. This year, I’d like to do things differently. Instead of goals, I will be sharing with you my primary focus instead. These are one or two areas in my life that I would like to see a major improvement on. I am doing this for the following reasons.

Reason #1: Overcoming mediocrity.

Over the years, I feel like I have been stuck in mediocrity. I would like to get out of that once and for all.

In the book Die Empty, Todd Henry described being mediocre as like going up on a rugged mountain. Climbing the mountain is hard. Through hard work, you can go up and reach the middle of the mountain after some time. You feel good because you have reached a certain level of success. You are content. You ask yourself whether to continue going up, or just rest and enjoy what you have right now.

This is the hardest part of any journey, financial or otherwise, when you get to a point where you can be contented. Being mediocre is not so bad. You are actually accepting good things. But as they say, the enemy of great is good.

If you dream of becoming the best that you can be, you understand that it is actually fear that is holding you back. Fear of going through hardships again. Fear of letting go of the blessings you have right now. You hold dearly into these things. In the end, you will realize it is only an illusion. If you are moving toward personal growth, the path to take is obvious. The greatest growth comes from your biggest fears.

Reason #2: Pushing for imbalance.

Over the years, I realized succumbing to the social pressures of having a “balanced” life is a futile exercise. If you want to achieve something significant on a certain area of your life, you need to become UNBALANCED…for a time. This makes it possible for you to FOCUS your energy, time and attention in that area. In so doing, you will get amazing results, instead of a mediocre one.

Realize that what most people call a balanced life is actually a perfect example of untapped potential and lots of compromises. You end up not reaching your full potential. As they say, you become a jack of all trades, master of none.

Observing my mentors, I have seen that at a certain point in their business, they were actually highly unbalanced. They were focusing in growing their businesses 101%. They eat, they breath, they think about their business even in their dreams. That’s why they also achieved fast and amazing results as well. The financial rewards of that hard work has given them the freedom that they need.

Being in a great financial position allows them the option to become UNBALANCED again in another area of their life (if they so choose), like focusing 101% of their time into their family instead of their business. They may allow their business to slide just for some time, while they give their focus and attention to nurturing their family for the time being.

I think this is a way better proposition than having a “balanced” life where you just go in circles not really achieving significant results in any area. In the end, it’s better to be amazing in one area, than none at all. Of course, you can obviously change your area of focus after some time.

Life rewards those who become masters of something. You can only do that if at some point in your life you decide and intentionally put yourself in a position to become highly focused on one specific area and unbalanced on other areas of your life.

That’s why this year, I want to use that same strategy. I want to focus on a specific area. I understand that achieving a significant improvement in this area will also elevate the other areas.

This year 2018, my area of focus is to improve my overall fitness level and health.

During my time in the corporate world, one thing I learned is the importance of metrics. They say, “what gets measured, gets done.” So if I am going to seriously do this, I need a way to track my progress and measure it on a consistent basis. Perhaps this is where the fitbit or other tracking devices will come in handy.

What do I plan to track? Perhaps, my weight, diet, level of physical activity, etc. But I think one of the biggest things I will need to adjust is my mindset on becoming healthy and fit. I will have to align my VIBE into how healthy and fit people think, feel and decide on things like their diet, exercise and more.

Trying out the 30-day trial to kick-start this.

One thing I also want to explore more is the 30-day trial. I plan to do something related to my area of focus every day for the next 30 days. Just to see if I can possibly sustain it. If I can’t then I am free to drop that trial after 30 days. I am hoping of course that the law of inertia will take hold and it becomes a habit. But there’s no pressure to do that.

John Maxwell said that you will not change you life until you change something you do daily. That’s having a D.M.O. (daily method of operation.) It’s why having a morning routine is popular for successful people. It allows you to be on autopilot and sets up your mind body and spirit to be more condusive to achieving your goals.

What about other areas of my life?

Does that mean I will no longer set goals for the other areas of my life? Definitely not.

On Business.

One thing that has hindered me to achieve more the past few years is my low level of physical health and fitness. There are weeks when I am highly motivated. I work hard and stay up late. A few consecutive days of not having enough sleep and I start to have colds, which turns into cough, and the circle starts. During that time of recovering I won’t be able to do anything. My momentum is stopped. I would have to re-start again if I want to get back on track.

Go through the same thing over and over again and you feel burnt out. You feel like you are just running in circles, not achieving something meaningful. When I look back on why I wanted to start a business, I realize money is important to me only as far as it can give me the freedom to explore and grow myself even more.

I am interested to create a business that would give me freedom in these areas: financial, time and mobility. I am planning to execute some pending projects in my business to make this more a reality. At this time, my mobility is not to the level I want it to be. I am still stuck in traffic most days (who isn’t if you’re living in Metro Manila anyway?) Perhaps moving some of the stuffs I was doing offline to online will help.

This is also a good time to re-examine what I want to get out of my business. Setting expecations is going to be critical in making sure I find meaning in what I am doing and be able to enjoy enough to do it for a long time.

I do realize that some things in my business simply can’t be done online. I know the importance of offline activities especially meeting people in person. There is no substitute to being face to face especially if you are building a team.

There’s a reason why airplanes are still needed. It allows people to conveniently be there in person to meet face to face. It allows for better communication. High-tech doesn’t mean we need to forego the high-touch aspect of business.

On Personal.

I plan on improving the way I use my energy and allow time to recharge effectively. Challenges in handling emotions, low physical fitness, solving business problems requiring lots of mental energy are some of the things that I will need to watch out for if I want to improve in this area.

Facebook is overwhelming. I feel de-energized when I scroll through Facebook. Perhaps it’s just me. But I feel it sucks my energy. I need to reclaim that focus and conserve my energy. Perhaps I am getting older or maybe I just need to refocus my mental energy to other areas.

I plan on re-evaluating how I currently use Facebook in my personal life as well as for business. Hopefully, I will come up with a plan soon. I cannot drop it yet because some of the business tools I use require Facebook. But I do need to find a way to use it that it adds value to my life and my business, instead of an energy drainer.

I realize that I am an introvert. I like to recharge alone or with nature in order to get back my energy. Being in an environment where I am constantly surrounded by many people can be overwhelming for me. It drains my energy, to the point where I no longer have anything to give.

I will need to allot some time to recharge whenever I feel overwhelmed. I may also need to restructure the way I do business to align it to how I use my energy.

One of the areas I can do this is in utilizing my online channels to do some of the stuffs I currently do offline. This year, I will be writing more. Or use this platform more to share more of my thoughts. I can also speak and share a little bit more about how I do business. This way, I won’t have to waste my energy so much.

Writing an article is something I can do that can add value over and over again to my readers, without me having to drain my energy over and over again. I can also do some stuffs on video or audio, or maybe try out podcasting.

Anyway, I’ll see where this leads me. It is always exciting learning something new and figuring things out along the way.

Looking forward to 2018.

As you would have observed, these are not mutually exclusive to my main area of focus. Having better health and fitness will allow me to perform better in executing my business projects as well as give me the energy I need to grow as a person.

There are a lot of things in my mind right now, but they are not yet as polished as I want them to be. They are just ideas at this point. In any case, I will be sharing them here in this blog throughout the year. This way, it will help me be accountable to you, as my reader.

When you observe that I am not sharing my journey about my fitness, you can nudge me in the right direction. Or message me, to keep me back on track. It helps. And I do appreciate it. In fact, I read each and every email I receive, and try to respond as much as I can.

How about you? Can you share what particular area of your life you would like to focus on this year 2018? Let’s make it happen! Cheers to an amazing and fruitful year! 🙂

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Life Updates

2017 Year-End Review

Year 2017 is about to end. This is the perfect time to look back about the past year and share with you the lessons I learned.

This year marked my 6th year being a full-time entrepreneur. It has been a year full of challenges and blessings. They say, most businesses fail within the first 5 years of existence. It’s an amazing milestone to be able to grow the business up to this point. Yes there are challenges, but we have reason to be hopeful and look ahead in confidence this year 2018.

The highlights.

One of our biggest milestones in the business this year is that we were able to buy our BRAND NEW BLACK FORD MUSTANG! Yehey! This is our 3rd car in the past 6 years. For me, it’s not just a car, but the realization that anything you can dream, you can achieve. Always remember, you were meant not just to make a living, but to live life to its fullest.

Our car is nicknamed, “Knight Rider”, based from the TV show of the same name. I realized recently that I must be getting older. Some of our younger teammates ask me who is knight rider. I realized, they were not born yet when the 80’s tv show was shown. They often try to guess the name as Dark Knight, from the Batman movie. It makes me think perhaps I should change it to that instead. 🙂

On a personal level, there were some other exciting firsts too. This year we had our first out of town family trip via airplane Bacolod with my 2 boys. They were so excited riding in the airplane for the first time.

There were also a lot of other wins this year, including being awarded as multi-million peso achiever for the 3rd consecutive year. I’ve had the opportunity to visit and train for the first time in Iloilo and Antique about building a sustainable business.

There were also invitations to talk about financial literacy in Batangas, Marilao and at the Asian Institute of Management in Makati. It was year of opportunities to share how to handle money to hundreds of aspiring entrepreneurs.

On a personal level, my wife and I also celebrated our 10th year together this year. It’s been an up and down journey through all those years but I am happy we were able to overcome the challenges and stay stronger together.

There’s been a lot of blessings this year that’s for sure.

The challenges.

We had a lot of challenges this year both personal and business. Here are some of the most important ones.

On the business side, we had leadership challenges. We had one of the most challenging year so far in terms of leading a team. Relationships with key leaders went through rocky times. I wasn’t sure how to navigate the challenges at first. It took a lot of mental and emotional toughness to go through all of them at the same time. It’s not easy always to see the end of the tunnel when you are currently in the midst of going through it. You just hold on to the hope that eventually, things will get better. And it did for me. I have had to swallow my pride and admit my mistakes not only to myself but also to the people I have failed.

The hardest part of being a leader is to be constantly worrying about the welfare of the people you lead. When you see them go through challenges both financially and personally, you cannot help but feel their pain as well. You try to think of ways to help. But in the end, it’s their battle to go through. You can only be there when they need someone to talk to. But you cannot go through it on their behalf. Perhaps they need to go through it to learn some lessons that would help them grow and become stronger individuals.

It’s like the story of a boy watching a butterfly go out of its cocoon. Feeling the pain of the butterfly, the young boy tried to help it by breaking the cocoon for the butterfly. In the end, the muscles that needed to develop for the butterfly by pushing the cocoon out of the way did not mature enough. It grew weak and could not fly. That I think is the hardest part, to watch but not able do anything other than cheer. But in the end, it’s not about you. It’s about the growth of the person you want to help.

On a personal level, my health has been going through some challenges as well. My weight went up because of all the stress I was going through. I had some nights where I could not sleep very well. That’s why this new year, this is going to be my primary focus to improve.

The lessons.

One thing I realized is that people change. Relationships change. You need to continually give effort and invest time, money, attention and care in any kind of relationship. Nurture it. Let it grow with care. Never take people for granted.

You have to face whatever challenges you go through with strong faith. Always remember, that it will get better. It gets better faster if you are willing to admit your mistakes, say sorry. Swallow your pride. Make up for it. Make an effort to improve. The sooner, the better.

You are responsible for all the results (or lack thereof) of your business and personal life.

I realized that I was afraid to face the challenges head on. I let it slide for a long time when I could have addressed it sooner than later. In the end, I think the outcome could have been better than expected.

There’s fear. There’s doubt. Your lack of confidence is brought to the surface as well. You question yourself if you can still go back on track. It is a hard and a demanding process. It cannot be rushed.

In the end I think, it worked out ok. That’s the most important part of all. Let go of the past, so you can boldly face the new.

Though it all, I am thankful for 2017 for it taught me a lot of things. By going through it, it gives me confidence that next year is going to be a lot better.

Thank you for being a part of my year as a reader of my blog. I appreciate it. I hope the things you read here helps you in your life as well. I wish for you a richer and more prosperous 2018! 🙂

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Story

Featured Story: Former IT Software Developer Fulfills Dream Europe Trip

A couple of weeks ago, Ana Angelica Ricafrente or “Anj” as we call her, shared her inspiring story with our team. She was back from a 49-day Europe trip travelling 11 countries and exploring 26 different cities.

Anj is also an IT professional just like me so I related so much with her stories, and having started the business in around the same time as her 6 years ago I was a witness to her struggles and triumphs along the way. She loved to travel and proved not only that her business can finance her dream Europe trip but she also found a way to have the FREEDOM to live the life she wants.

I totally agree with her when she said that MONEY was NOT the problem. She could earn it! Especially if you’re in IT, you are paid well. She can work harder. She can go abroad. That’s not a problem. The problem was she did not have TIME. I think this is the curse of being a great worker – if you do great work, they give you MORE work! Haha! I used to think “ngayon lang naman to, lilipas din to, makakapag-bakasyon din ako.” But the sad truth is that after the completion of a BIG project, they will give you an even BIGGER project! Obviously, they are not paying you to TAKE A VACATION. They are paying you to WORK.

I too, was there when these words were uttered in Meralco Theater back in 2011. It has become a blueprint for some of us, a goal we are willing to work hard on for a dream to take a vacation and STILL get paid, get paid, get paid!
“Work Work Work Work Get Paid
Work Work Get Paid Get Paid
Work Get paid Get paid Get paid
Until Eventually
get paid get paid get paid.”
— Monica & Bryan Penrod, Meralco Theater, June 30, 2011.

Truly, there’s more to life than earning an income. There’s LIVING the LIFESTYLE of your DREAMS!

Read her story below and be inspired.

When my mom and dad died when i was a teenager, I felt that life can be really short and i must see the world before i die. Left with only P50,000 (roughly US$1000) as inheritance money to finish my final year in the University, I was excited to work and earn my paycheck and use it to see the world! When i got the job as a software development analyst in a Telecommunications company, I made sure that i travel at least once a month! But with 15 vacation leaves a year (15 sick leaves), i felt it was not enough!

 

Staying in a cubicle for 8 hours everyday felt like life is passing by me. And weekend trips or long holidays felt like an ‘escape’ rather than reality.

It’s true, i believe that anyone who works hard can earn lots of money in IT or any other career. But is there an opportunity out there where i can work hard now and earn lots of time in the future?

June 2011, i was presented with an opportunity that’s not in line with my profession. I saw it’s potential because some people were living the life I wished for: a life where i can choose where to spend my time. I told myself, what’s 2-5 years of learning and working on a new profession if i can create the life i want? What’s there to lose? Time would pass anyway so I might as well try it.

“Work Work Work Work Get Paid
Work Work Get Paid Get Paid
Work Get paid Get paid Get paid
Until Eventually
get paid get paid get paid.”
— Monica & Bryan Penrod, Meralco Theater, June 30, 2011.

That’s the future i wanted.
Fast forward to 2017. No longer do i post the words “back to reality” after a vacation… because this is now my reality. 🙂

I did not Y.O.L.O. as others might think. I built a passive income source first that can allow me the flexibility of spending my time to things important to me.
My mentor told me, Y.O.L.O is not true. You don’t live once! Y.O.D.O., You only DIE once, but you should LIVE EVERYDAY! <3

 

Watch this video to learn more about Anj’s amazing travel adventure to Europe!!! 49 days, 11 countries and 26 cities!!! Fully-paid all by her online business!!! The best part is, she was still earning PASSIVE INCOME while travelling since her business is thriving even without her.

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Life Updates

Midyear Update: Project 100 status, Travels and what’s next

Time flies so fast. Have you realized it’s already June? The first half of the year is almost over. How’s your New Year’s Resolution so far? I’m sure some of you have forgotten all about it. Perhaps, now is the perfect time to re-visit and re-new your commitment to your goals this year.

As for me, one of the major goals I had this year is to relaunch Project 100. The goal of the project is to help people earn $100/month part time. Last March, I opened up the first batch. Some of them have already earned their first $100 and more. One is a Pediatrician by profession. She is an onsite doctor for a hospital in Romblon for 10 days of the month. She uses the rest of the month to work with me. After 2 months, she has earned more than $260. Another, is a CPA based in Hong Kong. After office, she trains with me online and after 2 months she earned more than $320. This is the best part of having an online business. The world is your playground. You can be in the Philippines but your business is running in multiple countries. With the proliferation of smart phones, and relatively faster internet, anyone with WIFI, FACEBOOK and a DREAM can build a business at the comforts of his or her home. These are exciting times!

You might have noticed, this is only my 2nd time to post this year. Part of the reason is that I am travelling a lot and my schedule has been very busy the past few months. Also, when you have a business operating in different places, my prority has always been to support the people who are running my business. After all, it is my business that’s supporting my family of 2 kids. Since 2011, after doing business part time, I gave up my 9-year IT career and never looked back. It’s been 6 years that I have not held another job. If I was able to make it, you can do it too.

Recently, my mentor invited me along to visit our teammates in Western Visayas. It was my first time to train our team in Antique and Iloilo. I learned so much from the trip. Iloilo is a fast growing city, with lots of ongoing construction. They have a booming real-estate sector as well as growing BPO industry. It’s amazing to see it happen. Traffic is not bad, unlike in Metro Manila. Roads are wide and the airport already accomodates international trips. This is a growth area I think will become really BIG in the coming months and years.

Last April, my wife and I went to Singapore to attend our company’s international convention at Suntec City. This trip was unique in the way that we did not have many side trips. The trip also reminded me of the times when I was starting 6 years ago. It brought me to what is really important in building a business. Much has been written about strategies, skills and techniques, but the most important is to have a clear idea of your own CORE VALUES.

In 2011, I had a dream to be part of something special, to build a community of entrepreneurs with the right core values. Whenever I make a decision, I always go back to these core values: LEARNING, INTEGRITY, SERVICE.

I am always curious and eager to LEARN. In my former career as IT programmer, this has become second nature to me with the fast changes in technology. I know that people who keep on LEARNING are people bound to succeed. They are humble. They are not afraid to say I don’t know. They are like a sponge who soak in the many learning experiences along the way.

Another core value I have tried to live by is INTEGRITY. Do what you say you will do. Never sacrifice long term success for a short term gain. Do the right thing even when no one else is looking.

Lastly, I wanted to have a community of people who love to SERVE, people who find ways to help. In the business world, you will always get what you are worth. It doesn’t matter if you worked on it for 8 hours or 1 hour. What matters is the VALUE of the work that you do. Look for ways to add value. Always do more than what you are getting paid for.

Last May, we achieved one of the biggest milestones in our business. After years of hard work, we were able to buy our own brand new Ford Mustang. When I was starting in the world of entrepreneurship, I dreamt of buying my own car, a Mazda 2 compact sedan. Who would ever thought, that after 6 years in business, we have bought our 3rd car, and it’s not just a car but a DREAM turned into REALITY. If it came true for me, it can also be possible for you.

Over the years, I have had a chance to share my story and tips on how to grow an 8-figure business. I have met a lot of people at different stages in their entrepreneurial career. When I meet someone who has the DESIRE to CHANGE his life, it makes me excited. It reminds me how it was for me to be HUNGRY to LEARN. It reminds me how desperate I was to get out of all the stress, the limited income of employment, the loss of freedom to pursue ventures outside of your cubicle. It reminds me that there is HOPE for someone who is decided to make a change in his life.

This month of June, I’m in the middle of building a new team of 10 people. 2 slots have been taken. 8 slots left. As much as I would like to accomodate everyone to be part of the team, the reality is that it takes so much effort on my end to help you get your first $100-$200/month in your online business. You will have access to me 24/7 in the first 2 months. You will be able to leverage the system that has created 100+ millionaires in the last 5 years. To think, I don’t even charge anything for coaching. I only get paid, if you earn an income. Sounds like a good deal? Of course it is. But I do look for very specific things if I will be investing my time with you or not. First, you should be READY to take action now. Not next year, not next month. Second, you are looking for a hands-on MENTOR to guide you. Third, you should have at least 10-12 hours per week to devote on this project. Lastly, you should be willing to LEARN and BE COACHED. Otherwise, you are going to waste your time and mine. I can always make more money, but I can never make more time. So if you think you have all these, visit my website http://www.allaninocente.com/ and follow the instructions at the end of the page.

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Life Lessons

The #1 Reason Why People Don’t Become Rich

Over the years of coaching a lot of would be entrepreneurs, I realized one thing that I think is the #1 reason why people don’t become rich. Most people think that to become rich all you have to do is earn more income. But only a couple of months after getting a promotion, or getting a bonus, however, most people still end up living day to day. They are no better off than before they got promoted.

Here is the brutal truth. More money won’t make you rich, if your problem is you don’t know how to handle your money.

The scary part of having more money is that it reveals how good or bad you are in managing your money. Money has a way of magnifying things. If you are having problem handing little money, more money will only compound your problem.

Have you read stories of people who were once broke and then suddenly won the lottery? After a few years, they end up more broke and more in debt than before they won the lottery. Strange isn’t it?

If you have plans of starting your own business, the #1 skill you need to learn is how to manage your money. I won’t recommend you do investing when you are heavily in debt. If you are in that situation, the first thing you need to do is to get yourself out of debt. After that, you have to be able to set aside money for emergency situations. After which, you can then move on to setting aside money for increasing your investment portfolio.

Earlier this month, I have had the privilege of learning from one of the Philippines’ sought-after financial coach, a registered financial planner and author of the book ‘No Non-sense Personal Finance’, Randell Tiongson as part of our team’s 3-day retreat.

Over the years, I have had the chance to share the same principles in my team through my financial literacy talks. I feel strongly that more people should learn these things so that they are better equipped in handling their own money. I know how it feels to be in debt. I know how it feels to not being able to save up for emergencies. I know how it is to get confused in the myriad of advise on investments. That’s why, it has become my mission to guide people starting in their business how to manage their money well so they won’t fall deeper into debts, hoping that one day, they will reap the harvest of their hard work just like what happened to me and the leaders in my organization.

Basics of Financial Literacy

Depending on where you are currently in your finances, here are some things you can use as your guide in your own financial journey.

  1. Get out of debt. This is a huge topic all-together. Some people use credit card as if the bank gave them a bonus.  They act as as if the credit limit given is money they actually own. Worse, some use this as their “emergency fund.” Always remember that the rule of the game in the world of money is, “who is indebted to whom?”. As the saying goes, “the debtor is the slave of the lender.” When you really think about it, this description is quite accurate. Have you observed how people who have debts behave on social situations? Their self-esteem takes a hit. They feel ashamed not being able to pay off their debts. Something deep inside them starts to feel inferior. It is more than the money that is eating away inside of them. It is their soul. It is their confidence and self-worth. With this, it is imperative then that you get out of debt as soon as you can. This is specially true for retail debts like credit cards or personal loans. If you own several credit cards, your goal is to pay-off one card at a time and only pay the minimum on the others. The sooner you can pay-off one credit card, the sooner it will be for you to gain back your confidence and momentum. That’s what people call “snow-ball” effect, that after paying off one card, soon the habit you formed will allow you to carry it on in paying the next card, and so on, and so forth. You can apply the same technique in paying off personal loans from other people.
  2. Save for emergencies. Most people have only one source of income, their job or their business. In the event that this stream of income suddenly stops, they get into financial trouble. One must be able to prepare for this event. Financial experts recommend having at least 6 months worth of expenses. The reason for this is because it normally takes around 6 months to be able to replace your stream of income, either by finding another job or setting up another business. Have you tried saving for emergencies, only to experience an “emergency” a few months after and at the end of the year you are still no better of than when you started? Still no emergency fund saved. The trick that I discovered in saving off for emergency fund, is to make it very convenient and hassle-free to deposit money into your fund, and very inconvenient to withdraw money from it. In my days as an employee, we had this savings and loans association where they automatically deduct a percentage of your salary into your savings account. I never saw the money. In fact, it never reaches my ATM account. To withdraw, I would have to fill out several papers and I only have a 30-minute window on specific days to be able to do it. The extra hassle is enough for me to just leave the money out there. I’ve applied the same thing in my business. Once money comes in, I automatically transfer them to my different accounts including the one for emergencies. My mentor described the emergency fund as “peace of mind” fund, because it’s supposed to give you peace of mind.
  3. Grow your money. Once you are able to save for emergencies, that’s when you will have the confidence to venture out and explore other options to grow your money even more. We all know that you will not earn a lot when you leave your money in the bank. In fact, you are actually losing money if you take into account inflation. Inflation is when the price of goods rises every year. This is around 3% to 4% on the average. Savings accounts on the other hands rarely give more than 1% interest. You are on the losing end. The only reason you leave your money in the bank is for liquidity reasons. Because you can withdraw them anytime because of emergencies. If you want to grow your money, you are better of putting your money in investments. There are several ways you can invest. Personally, I have tried investing in real-estate, retail treasury bonds, stocks, insurance, and business. Each one is not better than the other, it depends on your particular goal at the moment. Obviously, if you ask a real-estate agent, he will say investing in real-estate is the best. If you ask a stock broker, he will say you should invest in stocks. If you ask a businessman, he will say you should invest in a business. For an ordinary employee like me before, it is quite confusing to receive different advice from different people, but one thing that has helped guide me in my journey, whether to listen to a particular advice or not is this, “every time you buy into someone else’s opinion, you are also buying into his lifestyle.” Ask if the person giving out the advice is personally investing on his or her own recommendation. If not, better to turn around and ask someone else. If yes, then get to know the person’s values and character, as well as the lifestyle that he has. Is he living the lifestyle that you dream about in the future? If yes, then listen to him. If not, you might be better of doing business with someone else, you share the same values with, and someone living the lifestyle that you want to be in the future.

These are just basic tips for you to get started in your financial journey. It has been more than a decade since I applied these same principles in my finances, and it has carried me well enough for me to be able to quit my 9-year IT career in 2011 and live the life of my dreams. I can honestly say, yes it is possible. It is not easy, but it is not to0 hard either. There are people willing to help you along the way. All you have to do is to make your own decision to take the leap of faith and follow the small voice within you yearning to have your own freedom. There is greatness within you. Unleash it this 2017. Cheers to your success!

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Life Lessons

The Price of Your Dreams

Dreamsdontworkunlessyoudo

If you are like me, you have already realized by now that relying on your paycheck alone won’t give you the desires of your dreams. Want proof? Let’s say you are a young family with 2 kids. You and your wife both have a stable job with a promising career. You have BIG DREAMS for you and your family.

In the real world, here’s what’s that look like:

1) HOUSE & LOT (P5M) – You want to have a HOUSE & LOT. What do you say is a reasonable amount for a house and lot? P5Million? P10Million? more? Of course some would argue that they can live in a simple house, preferably in the province…or just outside of metro manla. The thing with having a home away from your work place is you would need to increase your spending for transportation.

2) CAR (P1M) – Let’s say, since you want a comfortable ride for the whole family, you want to buy a decent car. That will, be around P1Million, not including parking, toll, gas, maintenance, insurance, and more.

3) TRAVEL (P2M) – You also want to travel and bring your whole family to a beach vacation in Boracay or overseas at least once a year, so let’s say you want to do it for at least 10 years, that will amount to P200,000 x 10 = P2Million pesos.

4) SAVINGS (P5M) – Of course, for any emergencies you want to have the peace of mind of having SAVINGS…say P5Million. If you want more, you can always add more for you. 🙂

Total all of the figures above and you will get the PRICE of your DREAMS. In this example, that is going to be P13Million. That’s only for a decent living with basic expenses. Certainly not at a luxurious level yet.

The #1 reason most people don’t achieve their dreams is because they don’t know how much the price is. If you are still reading up to this moment, you are way ahead than most people because now you know HOW MUCH IS YOUR DREAM.

Now, the next question you will have is HOW WILL YOU CREATE THE P13Million?!!!

Would you let me give you some ideas you can consider?

1) You could become a celebrity. Become an endorser for a commercial in TV. 🙂 We all agree that celebrities earn a lot from endorsements. P13Million will be a piece of cake if you are a sought-after celebrity like Piolo Pascual, Sarah Geronimo or the like. But not everyone is cut out for the intrigues in showbiz. That’s why I didn’t even try. I want a peaceful life. Hehe 🙂

2) You could marry someone rich. For some people that’s their basic strategy in becoming rich in life. Obviously, there’s a lot of pros and cons to that. But, living with someone for the sake of money may not be the best use of your life. You only have one life to live.

3) You could become a famous athlete like Manny Pacquiao or a basketball start like James Yap. Did you know the minimum wage of a basketball player in the professional leagues is around P50,000/month and the maximum is around P425,000/month. Not bad! But we all know the life of an athlete is plagued with a lot of risks. What if you injure yourself, what if you get cut, etc etc. Not to mention that you would need to start at a young age to train just to be able to compete.

4) You could become a businessman. Did you know majority of millionaires are entrepreneurs? But we all know the world of business is not for everyone. 9 out of 10 businesses fail in the first 5 years. Of those that survive, only 1 out of 10 make it after 10 years.

5) You could do nothing and stay where you are. In most cases, as an employee you would have to rely on your paycheck to earn the P13Million.

Now let’s take a closer look.  Let’s say for example that you are able to save up at P10,000 a month from your job. In 1 year, you would have saved P120,000..after 10 years, that’s P1.2M, after 20 years, P2.4M…and by the time you reach the retirement age of 60 (after 40 years of working), you would have saved a total of P4.8Million pesos. Let me give you a moment to digest the last figure one more time. P4.8Million after 40 years of working. All your life, you did as you were told. Never made any scene. Stuck to your job and worked…so hard, only to get this in return. P4.8Million in 40 years.

Here are some things that you will soon realize.

1) The P4.8Million you saved is nowhere near the P13Million you need to buy your DREAMS. In fact, it’s not even enough to buy your DREAM HOUSE OF P5Million. Even if let’s say you are able to save the additional P200,000 to reach the P5Million price, do you really think the price of the house is going to still be the same after 40 years? The answer is definitely not. There is such a thing called inflation.

2) Some people would argue that the P10,000 can increase after some time since you can get promoted. At first glance, you would think that makes sense. In real life, it doesn’t happen that way. After a promotion, an upgrade in lifestyle would soon follow. What used to suffice is no longer appealing. Of course, a manager or a doctor would have to look the part of a successful or a newly promoted professional. Buy new clothes, new gadgets, and eat out at new more expensive restaurants that would align with their new image or lifestyle. This is what some people call as keeping up with the Joneses. So even if the salary increases, the expenses increase as well. Nothing is still saved up.

3) Everyone who have been working for at least 5 years already know this. It is NOT ENOUGH. In fact, when you ask an employee, what they will do after retirement, almost all will say they will put up a business. Surprisingly, famous athletes go into business after their playing days are over as well. Even celebrities go into business just the same. Everyone know relying on your paycheck is NOT ENOUGH, and adding income by starting a BUSINESS is one of the most feasible options you can have. Why? Anyone can enter a business. Today, anyone with a mobile phone can do business. With the power of the internet, this has become possible.

Why then are people still not starting a business?

Lack of capital. I don’t have money to start a business.

Lack of knowledge. My father was an employee. My mother was an employee. Everyone I know is an employee. Who will mentor me to start a business?

Lack of resourcefulness. What if I fail? What if I lose money? What if it doesn’t work?

Fear of what other people will say. What will other people think of me? What if everyone will ridicule me? What if I become an embarrassment to my clan?

There are so many reasons why starting a business is not feasible for you. But always remember, you only need one reason why you can make it a success.

So what if you don’t have money? Can you borrow capital from someone who trusts you? It’s not a question of having resources…but of having RESOURCEFULNESS.

So what if you fail? At least you tried. Those that do not fail are not doing anything at all.

So what if you don’t know how? You can always ask. Google. Act. Fail. Succeed. Learn. Repeat.

So what if people will ridicule you? They do not own the DREAMS in YOUR HEART. You alone will look in the mirror at the end of the day and say, you made it.

The journey of a thousand miles begins with a single step. My journey has been like that for the last decade. After realizing I need to make some changes, I simply closed my eyes and got started. I started a business part-time, struggled to get it off the ground. I failed many times. Got rejected. Discouraged. Got up again. Licked my wounded ego. Moved on. Eventually, I was able to quit my 9-year IT career to grow my business full-time. Now it’s been more than 5 years since I quit. Never have I felt more free to DREAM and pursue the things I want in life. The next 5 years is going to be very exciting. The DREAM is still alive. 🙂 I hope you find the courage within you to pursue your dreams as well. There’s help on the other side when you decide to make a change in your life. 🙂 Cheers to your success!!!

 

P.S. In my next article, I will share you the one thing you need to know before you start your own business.  If you don’t learn this, starting a business will get you further in debt instead of earn you additional income.

P.P.S. I’m expanding my business and currently looking for partners. Only 4 slots left. CLICK HERE to learn more.

Categories
Life Updates

My personal goals this 2017

GymSometime in 2011, I shared my 3 goals in my blog. It was so simple back then. I only had 3 goals in my mind: 1) earn an extra $100/month from another stream of income, 2) lose some pounds, and 3) go to a place I’ve never been to every quarter. I have achieved all of them that year. Unfortunately, my weight missed me so much, it came back the next year. Haha. 🙂

For this year, I think I will adopt the same pattern. I will set goals in 3 areas: 1) finances, 2) personal 3) health.

My first goal is to DOUBLE our business income from 2016. To do that, I will need to help more people get what they want in life and learn how to solve more problems. BIGGER problems. DOUBLE problems. Hehe 🙂 This year, I am planning to help a new batch of 111 people start an additional stream of income by sharing the same opportunity that changed my life in 2011. In my last count, there are already 546 people who have earned at least $100 in my team. This year, I’d like to open up the slots to more people who are seriously thinking of making a change in their lives. In the last 5 years, I have only been focusing on building my local team in Makati. Now is the time for me to open new markets, both in the Philippines and abroad. So if you would like to be one of my partners, simply head over to my website at http://www.allaninocente.com/ and follow the instructions to signify your intention.

My second goal is to bring my wife to the U.S. for a vacation. Almost a decade ago, my wife and I were assigned to the U.S. for a 6-month stint in our former company. Our love story began there. While I was able to go to the U.S. last year, I was not able to bring with me my wife. This time, I think it would be a worthwhile goal for both of us to visit again together. I have not been to Las Vegas yet, so that will definitely be in the itinerary. It’s also the 25th year anniversary of our company so it is going to be a blast. Hopefully, some of our closest business partners will be able to join us this year as well.

My third goal is to level up my fitness by losing 20 pounds of weight. I think it will give me more energy. With 2 growing boys who are very active I need to keep up. 🙂 I’m trying to look for some metrics I can use but nothing is as easily available as weight. So for now, we’ll go with that. I’d love to have a more active lifestyle this year so I am incorporating a regular 30-minute physical activity. If all else fails, I think I will have to hit the gym and run for at least 30 minutes. 🙂 They say weight loss is 30% exercise and 70% diet, so choosing to eat healthy is part of the plan. Hopefully, I can stick to that. Haha 🙂 I’m sure the food and energy products from our company will help. I’m excited to try the new mysmart foods and the healthy energy drink in can (goodbye coke!) as they will be launched early this year in the Philippines! Yehey! 🙂

How about you? What are you goals for 2017?

Categories
Life Updates

Where am I in my financial journey

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It’s this time of the year when I spend sometime looking back what the past year has taught me…as well as make some plans for the next year. But this time, I wanted to give you a little more glimpse of what I have been doing the past 5 years and the many lessons in my entrepreneurial journey.

There are moments when I think I should just stop this blog for good since I don’t write anything anyway. It’s just a hobby and from a pure business perspective, it doesn’t generate any direct income since I don’t sell anything on my blog. In my day to day business meetings however, I meet young hungry individuals who were just like me when I was starting. Because my business requires me to be more hands, it is actually harder for me to devote some time to write to you. Yet, there are so many things I want to share with you. T

The reality is for most of you, I may never have a chance to meet in person. Perhaps reading these articles from my blog will be the only chance I get to help you. So, for that reason, I continue to write.

In 2009 after getting back from a 2 and half year stint from Malaysia, I was very eager to learn the world of business and investing. I attended lots of seminars, read hundreds of books, and a whole lot more. The experience opened up new doors for me. I met some people that I otherwise would not have met. There’s this feeling of nostalgia when you meet the people who were like your “batchmates” in your financial journey and be mesmerized how far each of you have gone. It’s like a meeting of kindred spirits – the warriors of light.

After a couple of years, I started my network marketing business part-time with USANA Health Sciences. The business allowed me to quit my 9-year IT career after working on it for 6 months part-time. Later on when my wife gave birth to our first born son, we decided it would be better if she becomes a hands-on mom to our kids. For the last 5 years, our business has supported our family of 2 boys. It gave us the financial capability to buy us a 2-bedroom property and an SUV car for a comfortable travel with family. Every day I get to spend some time playing with my boys before I attend to my business. Those things don’t have a price tag. On a personal level, I feel I have learned more about business and people in the last 5 years than in the 30 years before that. It’s been the greatest experience and I would not trade it for anything else. I am grateful.

I wish I could tell you it’s been all great, but it’s not. It was not easy. I have had to learn how to handle many kinds of emotions along the way. How do you handle rejections? That’s easy. Getting it from people you care the most, that’s harder. The sting never goes away. You just learn to remind yourself that them saying NO does not define your value as a person. You have to keep in mind WHY you are doing this in the first place, what’s your mission, and why is it important for you to succeed.

They say it takes a village to raise a child. No one allows a child to be born only to be left alone. I have learned that in starting your business, you are like raising a “child.” In the early years, it demands your utmost attention. Every minute is crucial. You do everything you can to satisfy the needs of your “child” even if you don’t know how. You just…make it work somehow.

After a few years, it will soon grow a little bit. It will take a life of its own. You miss the early days when you can be hands on. But you know that life has to go on. You now have different expectations. You learn to accept the things that you cannot control. You try to work harder on things you can. You remind yourself that soon this “child” will grow up even more and make a difference in the world on its own.

You cannot build a business on your own. You need the help of other people. If a child needs a village to grow up, your business needs the right environment to flourish. You need mentoring. You need a platform to make mistakes and learn. You need people who value the same things as you, like freedom to choose your value in the marketplace, work your own hours, and escape the culture of corporate slavery. You need people who are on the same stage as you, to encourage you, to make sure you have someone to turn to when discouragements caught up with you. You need people to remind you to work hard and have fun in the process.

In this light, I would say I was lucky to be part of that kind of an environment while building my business. I became part of XTRM 1-11. The name comes from a latin phrase “eXcito Triumphus Recuso Mediocris” meaning “To bring forth triumph is to refuse to be ordinary”. It is an organisation of professionals from all walks of life, IT consultants, engineers, accountants, doctors, lawyers, nurses, students, teachers, seafarers, board topnotchers, cum laude’s, student leaders, and more. What’s common is their desire to learn entrepreneurship hands-on through different workshops and trainings on leadership, sales and marketing, financial literacy, wealth management, wholistic growth, and more. Our team has partnerships with established brands like Technomarine, Sun Cellular and BPI. Among our guest trainors have been Francis Kong, Anthony and Maricel Pangilinan, Direk Joey Reyes, Jonathan Yabut, and more.

xtrm-partyWhere am I in my financial journey? I could say the past 5 years have been very good to me. It allowed me to learn a lot of things in business and in leading people. In 2011, I had a goal to help 100 people earn an extra $100 a month. I have since achieved that goal. As of today, there are 546 people who have earned at least $100 in my group. Some have earned more: $200 – $600 part time, $1000 or more full-time. I have had the honor to bring into the business and mentor personally two special couples who worked harder than anyone I knew. They have gone on to earn at least $8,000 in a 4-week period. The group has presence now in Canada, Singapore, Malaysia, Japan, and more. It’s true what Zig Ziglar said, “help enough people get what they want and you will get what you want.” Yes, I have been blessed. I also worked hard. There’s also some element of “luck.” But my journey is far from done. In fact, I am only just beginning.

This 2017 is going to be another exciting chapter in my journey. There are BIG projects that I am going to embark on this year that I haven’t done the past 5 years. It’s going to take a lot of effort. It’s also going to be exciting. I can’t wait. I may need some help along the way. But I am sure help will come, I have an army of like-minded people who would like to venture with me. In my own little way, I hope this article inspires you to take charge of your own financial journey. I would love to hear about your success story soon. For some people this 2017 is going to be an epic comeback from a challenging 2016. I wish that you find the strength and courage within you to take action on things that truly matter to you.

Categories
Life Lessons

Your Journey To Your First $100

This post was inspired by Fritz’ How To Turn Your P50K to P1Million in less than a year. While it’s certainly possible to earn your first million in less than a year, more often than not, those who are able to achieve the feat have had years or decades of preparation. It only seems like the success was overnight, but just like what the Pokemon Go creator said, it took 20 years to create an overnight success. 🙂

The vast majority of people who are exploring for ways to earn apart from their jobs are just starting out, clueless to the options out there, afraid to try and fail. I know, because I was once in a similar situation.

Growing up I was always a busy kid. I worked hard earning extra money, taking care of pigs, chickens, planting vegetables on our backyard, going with my mom and dad to harvest tobacco leaves as well as cleaning our neighbour’s house for a fee.  My idea of earning an income was tied to having a job. Around 2003, I read the famous book Rich Dad Poor Dad by Robert Kiyosaki. For the first time I was introduced to the world of entrepreneurship and the possibility to earn not just once from you hard work, but multiple times. I was surprised to learn about the concept of LEVERAGE and RESIDUAL INCOME.

That kicked-off my journey towards searching for ways to earn extra income apart from my job. I have tried to setup businesses after that but it was all a one-man show. At the end of each business, all I had to show for were BIG eyebags from lack of sleep, bruised ego and empty wallet. That’s when I realized, if I was every going to make it I’d better learn how to build a TEAM. As they say, business is a TEAM sport. Teamwork is very important.

After working abroad for more than 2 years, I finally came back to the Philippines for good. It was at this time that I was able to save enough money to be able to invest in different things. I dived into stocks investing, real-estate investing, bonds, insurance, mutual funds and other paper assets. While everything was fine with me, part of me was still AFRAID. I knew deep down that in reality I really didn’t have CONTROL over how my investments would turn out. I longed to be able to learn how to BUILD A BUSINESS that I can CONTROL. This is important for me because when I was abroad I witnessed how a recession can turn a seemingly comfortable life upside down. There were tense moments where every day a few of my colleagues were being let go. Every day I was worrying whether today is going to be my turn. Fortunately, I was able to wither the storm as they would say. I was not let go, but that experience taught me a great lesson on being prepared. People say, if cars have spare tires, why not you? Aren’t you more valuable than the car?

Over the years, I have read hundreds of books and videos online or from the bookstores. If you see me at the mall I only visit two stores – the bookstore and the sports store. 🙂 When I came back, I attended lots of seminars from Bo Sanchez and other experts in business and marketing. That’s when I tried to make a goal to earn my first $100 through this blog. It took me around 1 year and 6 months to do it. I’m not sure if anyone is still using Google Adsense, but it was a fun time to be learning about internet marketing then. I was able to cash out the $100 and I was so happy. That proved to me that it was really possible to earn online.

My second attempt was in creating my first ebook Rich Money Habits – 8 Ways to Shift Your Money Habits and Be Rich. That ebook was sold for around $9.95 and all the orders combined after a few  months amounted to $605, of which the first $100 was earned in its first week after launch. The experience taught me a lot of things. Today, I have stopped selling the ebook and decided to GIVE IT AWAY INSTEAD FOR FREE! Simply visit my website at http://www.allaninocente.com/ and enter your email to download your free copy.

In 2011, one of my friends in real-estate shared me another opportunity that would multiply my earnings from $100 a week to $1000 or more in a week. She became my business mentor. She has been featured in Kerygma magazine as a former SM saleslady turned Millionaire missionary. Her inspiring rags-to-riches story has been featured twice in a TV show Asenso Pinoy shown in Studio 23. Through her mentoring, my results eventually improved…and the rest as they say is history.

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It initially started out as a part time thing, until it surpassed my one week income from my job after 6 months. That’s when I decided to give it more time and quit my 9-year IT career to earn full-time US dollar income to support my family. In the last 5 years, my wife and I had the best times of our lives: We were able to buy our first car, a Chevrolet Cruze, and another family car, a brand-new Chevrolet Trailblazer. We also got our 2-bedroom condominum unit in a Resort Style Residential Development by DMCI properties. My wife and I experienced all-expense paid Asian Cruise travel twice: the first one to Hong Kong, Sanya China and Vietnam via Star Cruises, and another one, a 7 days 6 nights unforgettable experience via Royal Caribbean Cruise to China and Korea. There are other travels to El Nido Palawan, to Marina Bay Sands Singapore, Beijing China, and many many more.

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In the process of building our business, I have had a chance to mentor other people to achieve the same results as well. Some of them are Engineers, Certified Public Accountants (CPAs), IT professionals, and more. Most of them have also been working in the corporate world, but eventually realized that it is not enough. You can learn more about them and their stories here.

In the end, this is simply my story and other stories of people who were just looking to earn an extra $100. Life had offered so much more for those who were willing to learn, be coachable, work hard, and dream big for their families.

TODAY, it’s your turn to WRITE YOUR OWN STORY ON HOW YOU EARNED YOUR FIRST $100.

Here’s my good news for you. I am currently expanding and building my 6th business center…and in the middle of building a 10-man team. There are only 10 slots available. Bad news is, 4 slots have already been taken. There are only 6 slots left. I receive 15 – 20 inquiries in a day so it’s possible all 6 slots can be taken by end of this week. If you would like to work with me, and allow me to help you earn your first $100 this week, simply go to my website now at http://www.allaninocente.com/ and FOLLOW THE INSTRUCTIONS listed to take the first step. I’m very excited to be working with you and make your initial $100 goal come true. Cheers!

Categories
Life Lessons

5 Common Fears you need to Conquer in Starting a Business

This article is a featured guest post from Louren of Powepinoys.com. I have come to know Louren’s work and realised that we share a lot of things in common; one of which is to share to our readers the value of starting a business! Today, he is going to share the 5 Common Fears you Need to Conquer in Starting a Business. Read on and enjoy!

It has been a common topic of conversation for people in the corporate world to talk about what business are they going to put up for their retirement. Many people get excited when they talk about these things especially the idea of having a money that works for you. Exciting as it may seem, still, not all people are exerting efforts to actually put their business ideas to life. Why? That’s what we’ll be talking about in this post.

5 Common Fears you need to Conquer in Starting a Business

One of the major reasons that holds people back to start running their own businesses is the Fear. In this article, we’ll talk about the fears people have and the things we can do in order to overcome them.

A lot of people perceive fear as something bad or negative, well, not really. Fear is a natural thing not just in us humans but in animals as well. It is a way to protect ourselves from dangers. Without fear, we will do dangerous things without any caution at all. So basically, fear, in its nature is good. In starting a business, there are fears that you are going to encounter but you need to overcome these fears in order to progress.

1. Fear of taking risks. In many business, there is always risk involved. Whatever business you are in, whether it be as simple as selling ice candy or franchising, joining network marketing, or any other investment schemes, there’s always risk involved.

You might ask “So what can I do now”?

Since we cannot really eliminate the risk involved in any business, what we can do is to manage the risk. There are actions you can take in order to minimize the risk in your business. You can do some research and feasibility studies then create your short-term and long-term plans. Don’t just dive into things you don’t even know how to handle. There’s a big chance of failing in the business if you’re not able to create any plans. Just like what many other successful people say, failing to plan is planning to fail.

Another good thing you can do to lessen the risk is to do partnerships with other people or search for investors who are willing to fund your business. You can also protect your business from unexpected accidents, loss, or damages by applying for an insurance program.

2. Fear of not being good enough.A lot of people oftentimes don’t take actions because they think they’re not good enough yet. A lot of them wanted to have the perfect plan, perfect tools, perfect people, and perfect everything before they will actually dive into the real thing. To tell you honestly, it doesn’t work that way. There are a lot of people who wanted to start their businesses get stuck in that kind of mindset. Most of them end up doing nothing so beware.

You don’t need to strive for perfection, aim for improvement! You might start with little knowledge at first but as you keep on running your business, your skills get better, your strategies get finer and you’ll learn many things along the way. Again, don’t waste your time perfecting your plans.

Just create a plan you can execute immediately and from there, you’ll be able to develop the skills you need in running the business. Just test fastfail fastadjust fast.

3. Fear of failing in the business.I hate how this fear has been planted in people’s minds because I strongly believe it’s so wrong to fear failure. Many people think that when you fail, it’s the end of the story, you’re a loser, and you can’t do anything about it. Wrong, wrong, WRONG!

I have not failed, I have just found 10,000 things that do not work.” – Thomas Edison

Repeat reading this and put this into your mind: Through failures, we learn. Failure is a vital part in the process of achieving our goals. Failure should not be feared, it should be understood. You need to understand why you fail and find resolutions for your next attempt. Failure is needed for continuous progress and without it, we cannot enjoy the best of the technologies we’re enjoying right now.

You gotta love failure. Period.

4. Not knowing where to start. People get scared because they do not know where to start. This shouldn’t be a big problem. You need to take care to not just simply imitate somebody else’s business who’s already out there and get lost along the way. If you’re just starting out on your business, focus on your strengths. List down the things you’re good at and assess which one can become your business.

You can also search and list down the businesses that you think you’ll be able to love for long term and do some elimination process. Once you’ve picked one, from there, start doing your research and planning then execute.

5. Fear of being different and being rejected. One of the things people fear about is getting rejected by their friends and even their families. Since most of the people are accustomed to go to school and do employment, the idea of running a business seemed to be disregarded.

One of the greatest hindrances in pursuing your business are your parents. They cannot easily grasp the ideas and opportunities businesses can give compared to staying in corporate world. My sister and I took the courage to not listen to our parents to pursue what we want. Our parents want us to stay in the companies because what they want is “stable income”. Good thing, just less than a year, we’re able to earn more than what we had from our previous jobs.

So that’s it. I hope through this article, I’m able to help you conquering your fears in starting your business. If you find this helpful, share it to your friends, co-workers, and loved ones!

About the author:
Louren is the founder and the publisher of PowerPinoys where he writes about finance, entrepreneurship, business, and other topics related. He is a web developer who focuses on real estate and e-commerce websites.