Can anyone give tips on good businesses (product/service) to start in the Philippines? I want to start one.?

Question

Hi,

Due to economic ramp down, I'm thinking of doing 'extra' source of income.

Any kind of income-generating 'thing'.

Even if e-Load, small/big income-generating business, ANY! I would appreciate it.

I'm just not satisfied with my salary as my only source of income, especially in the Philippines. Gas and Food prices go high!

I'm willing to read your replies even if they're long! Take your time. Provide your rationale and advantages of the ideas.

Thank you so much!

Answer 1

Hi

Depends on your skills and experiences of course. But one thing I did when I was there was set up my own Executive Consultancy/Coaching business. I was self employed and pitched to companies in Makati and around Manila. Mixed success but I built some good relationships. Obviously it helped that my wife was Filipina (I am not) and was able to get me contacts and introduce me to people. Coaching involves little investment, is fairly easily learned, and if you get in contact with the right people can earn you good money. You can also learn it and do it part-time while you are doing your main job. It is also a growing industry in Philippines. I now train people to do it and am in the process of providing info on this online (www.coaching-coaches.com). But decided to move out of Philippines. You don't say whether you are a native of the Philippines or from somewhere else - there will be a difference in your approach either way. Good Luck!

Answer 2

maybe property development;  buy a run down property and fix it up.

Buy apartments and rent them out.  I heard they have some really nice apartments over there that are cheap.  I looked into it but soon discovered that i was unable to purchase property in the Philippines.

Answer 3

I bought millions and millions of barrels of oil when they cost $60--$100 a barrel. I expect to make a kill when I sell. But right now it’s only over $140 a barrel. So here is my difficulty :

I have requested my agents spin the media, like: “Oil future looks high, expecting to be in the range of $200 a barrel soon”   But it does not work price up fast enough.

I have paid the mainstream media, the Think Tanks,  and the major PR talking heads,  to spin China and India (supply and demand) responsible for price hike, to deflect American public anger. But that does not go far enough.

Right now, I am extremely nervous and worried. I urgently need a prey to buy those “paper barrels” on my hording. So I can profit.  But where can I find my prey ?  

ADD:

Airline industry has requested and demanded Congress stop oil speculation. I have my lobby on Capitol Hill work the Senators and Congressmen around the clock. But I do not how long they can hold.

http://www.networkworld.com/community/no...