Best Business to Start in the Philippines

Jan 13, 2013 by at Small Business

Where do I startWhat is the best business you should start right now? If you are already thinking of pursing your dreams in starting a business or entrepreneurship, you are maybe asking this question to yourself right now. Perhaps you have searched this question on Google to get an answer or you tried asking the same question to business experts.

There are hundreds or even thousands of business ideas you can choose on – and you can actually succeed any of them if you do it right. You can start an online business which can be operated at home if you are an Internet savvy and you have the expertise in your chosen online business industry. You can also start a small business that don’t require big capital if you have enough time, effort, professional skills, and dedication to invest instead of money.

If you want to know “what is the best business to start in the Philippines right here right now?”, here is what I can advise you.

The best business to start is something that you want to do for the rest of your life. It should be according to one of your most important dreams or ambitions in life.

The best business to start is the kind of business that you want to make it big or even the biggest in the future. It doesn’t matter if you will start it small or from the bottom. What matters is that when you start that business, you will be moving upward or to the top.

You should start a business with a mission and vision that you will not change shortly. If you will start a type of business that is temporary, you will be having troubles in the future. One of these problems is losing motivation which can cause you to abandon your business and start back to zero again.

Remember that although money is sweet, it is not a great motivation for doing business. Customers’ satisfaction and your own fulfillment are still the best motivation and inspiration for achieving business and entrepreneurial success.

So before you start your business, ask yourself first – what kind of business do you really want to do – and be happy with it? What kind of business do you want to start and you won’t end shortly?

Therefore, if your biggest dream is to have the best and most famous restaurant in the world but you lack capital, don’t be afraid to start even just a small carinderia. And if your greatest dream is to own and manage a world-renowned university but you don’t have big money or investors to fund it now, don’t be discouraged but start even just a small tutorial center at your home. What important is… you have started it in the right and parallel direction.

What important is you will do your best so that someday… your small carinderia will become a world-famous restaurant or your small home-based tutorial center will someday become a world-renowned university.

Don’t be afraid to dream big and start small. The best business you can start is the business that you can give your best.

Victorino Abrugar is a retired CPA practitioner, a blogger, speaker, and an entrepreneur. He's the CEO of Optixor, Inc., a digital marketing company based in the Philippines. Follow him on Twitter at @viclogic.

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1 Comment

  1. I have been saving in the past year in order to put up a small business and I am planning to do it in the Philippines. My wife is a filipina.

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