A lot of Filipinos choose to quit their normal jobs to experience what it is like to be their boss. Many Filipinos strive to be entrepreneurs because they have the opportunity to be completely compensated for their job, have complete control over their work schedules, and make the most crucial company decisions.
The capital, on the other hand, is the most important factor to consider when starting a small business in the country. Several Filipinos are discouraged by their assumption that successful businesses require a substantial amount of capital. Especially if they are saving money whether for emergency use or to achieve a condo living life.
Reasons for Doing Small Business this 2021
Given the global economic crisis, you might be wondering if it is a good idea to start a business. Not just the Philippines, but also other countries were heavily damaged by the pandemic, which disrupted worldwide trade and, of course, the local economy. You may be tempted to doubt yourself in light of this, but here is why you should not.
2021 is another year to start on the right foot - at least if you keep your hopes up. You should not let the pandemic deter you from accomplishing your entrepreneurial goals. So, rather than being preoccupied with all of your negative ideas, take a moment to sit down and explore unique alternatives to help your dream business succeed. For example, in this time of pandemic and lockdowns, go digital and ensure that you address your potential client's pain points. If you are living in a condo, you can opt to pursue online selling on Facebook. You can utilize your condo design to take aesthetic photos that can add professionalism to your business.
How to Future-proof your Small Business?
Your uncertainties can easily overwhelm you at times. However, if you learn how to future-proof your business, you can overcome this. By future-proofing your small business, you ensure that it will be useful in the long run. There is no reason to believe it will become obsolete in the future. So, how can you ensure that your business is future-proof?
Here are four tried-and-true methods:
Make room for new ideas
Although it is difficult to predict the future, you can come close. You should continue to educate yourself. You will need to develop and explore new ways to entice your clients at some point. To put it another way, you should up your game and outperform your competitors.
Keep an eye on what is going on in the developed world
If there is one word you should remember, it is "trend." Keep up with all of the latest trends in most developed countries, but don't copy them completely. You must customize it to your small business requirements. You can do this by researching on various social networking sites while relaxing your back at the comfort of your condo living.
Forecast future demands today
Customers may not always be able to express their desires. You must expect it as an entrepreneur. As a result, it necessitates not just creativity, but also your imagination and industry knowledge. For starters, the most important thing you can do is conduct ongoing market research and benchmarking. You may not require the data at this time, but you will in the future, so keep them while you can.
Reconsider your previous strategies
Move on if your previous strategies failed. It is the proper thing to do, yet you will understand at some point that your failure can serve as a motivator to do better. Instead of completely forgetting about it, why don't you utilize it as motivation to do better? Improve on previous methods or altogether change them. It is all up to you.
6 Small Businesses you can Start at Home
Buy and sell
Another fantastic business idea to investigate is buying and selling. As you may be aware, it is a tried-and-true business model that covers practically every item you can think of. You may easily pull off this business in a variety of areas, including gadgets, clothing, food, real estate, and others if you learn the art of buying at cheaper prices and selling with a profit margin. Additionally, how you present your products is a smart thing to do. As I have said earlier, if you are living in a condominium, you can maximize your condo design by using it as background for shooting your products.
Do you enjoy giving people second chances? Many Filipinos do in terms of clothing, which is why ukay-ukay businesses can be found all across the country. Because second-hand clothes are a lucrative company, there is no need to publicize your store because you can expect a flood of customers. The owner determines the product pricing, but make sure there is enough mark-up to accommodate bargain-hunting buyers. However, if you do not want to make an effort to make a stall of ukay-ukay clothes, you can do it at your home by live selling it online.
Plant Selling Business
Plants not only beautify environments, but they also improve the quality of the air we breathe. If you have a green thumb, you can grow your plants or buy them in bulk from low-cost sources, then display them in attractive vases and sell them for a profit. Indoor plants are perfect for condo living as it does not require much sunlight.
Making Soap and Lotion
Local entrepreneur shows have featured everyday Pinoys who developed a business empire by selling a product or service that began as a pastime. You can do it, too, if they can! Making soap and lotion, as well as aromas and perfume, requires very little initial investment. You can attend pieces of training and workshops to develop your abilities if you don't have the expertise yet but are interested in learning more.
Candle-making is a lucrative business
Candles have discovered a niche market in spas and other relaxing environments. It's especially strong around Halloween and All Saints. You may either learn to produce them yourself or purchase them in quantity to resell. One possible target audience for this business is people living in a condo as it adds aesthetics to their condo design.
Do you feel comfortable speaking in front of a camera? If so, vlogging could be your next business venture. Vlogging used to be solely for fun. However, you may now use it to make money online using it. The procedure is straightforward: (1) Create an account on YouTube, Facebook, or Instagram, (2) plan out your gear and shoot, and then (3) edit and publish your video. It is difficult to do at first since you must first build your following and followers before you can begin monetizing your channel. Before you can monetize your account on YouTube, for example, you must have a particular number of followers and viewers. Furthermore, the number of marketers who insert advertising on your films determines your income. As a result, having a large number of followers who read your content is important. At the same time, after you have achieved influencer status, you will be able to demand certain prices from companies who want to collaborate with you. You could be a lifestyle, or travel vlogger depending on what you wanted it to be.
Doing Business and COVID-19
The pandemic is unlikely to be over before the end of the year. As a result, most entrepreneurs have a lot of doubts and uncertainties about starting a firm. There is, however, no right or wrong way to approach this. Everything boils down to personal preference and determination. If you're willing to take a risk while still wanting to see your business succeed, then go ahead and start your dream company. Follow the correct health routines and the "new normal," like a pro suggestion. Furthermore, if you are having doubts about yourself and are not entirely committed to achieving something, take a break and do additional study before establishing a business. You do not want to do anything half-heartedly because your doubts will fill your mind and make it difficult for you to make decisions. It is never a race to start a business. Take your time and shock the world when the opportunity arises.
Vista Residences is the condominium arm of the country’s largest homebuilder, Vista Land & Lifescapes, Inc., which offers ready for occupancy and pre-selling condominium projects in Manila and Quezon City that is strategically located within inner-city areas, in close proximity to premium universities and developed business districts.
At Vista Residences, unit owners can take advantage of the property’s centrality. The properties of Vista Residences are strategically located near the country’s premium universities and CBDs, making them an attractive investment for both local and foreign investors.
Vista Residences has ready for occupancy condo projects in Manila such as Vista Taft, Vista Heights, Vista GL Taft, 878 Espana, and Crown Tower University Belt. It also has pre selling projects in the said area which include Vista Recto, Plumeria Heights, Tennyson Heights, Bradbury Heights, Sky Arts Manila, and Kizuna Heights.
Meanwhile, its ready for occupancy projects in Quezon City include Wil Tower, the Symphony Towers, Pine Crest, and Vista 309 Katipunan. It also has pre selling condo projects in the said city such as Hawthorne Heights and Vista Pointe.
Vista Residences offers a condo property situated in major locations in Metro Manila – Makati City, Ortigas and Mandaluyong City. If you are looking for a condominium where you can easily move in or a property that you can invest in, Vista Residences has ready for occupancy condo units and pre selling condo projects. Salcedo Square in Salcedo Village Makati, Laureano Di Trevi in Chino Rocess Makati, The Currency and The Spectrum in Ortigas Central Business District Pasig City and Vista Shaw in Shaw boulevard, Mandaluyong City.
To continue its mission in providing condominium homes for Filipino families and investors, Vista Residences is now offering a premium condo living in the other areas away from Metro Manila. You can experience a warm and relax condo vibe in its condo in Baguio – Pinehill, Canyon Hill, and Brenthill. Now in the south, Vista Residences has Suarez Residences, a pre selling condo in Cebu; and The Loop, a ready for occupancy condo in Cagayan De Oro.
Living in Vista Residences enables you to enjoy convenience, where everything is pretty much within walking distance or a few minutes away from the property; comfort because the project features and amenities are designed to deliver comfort at all times, which makes condo living a worthy investment; security that is 24/7 and CCTV monitoring, which makes the residents safe and secure within the property.
In line with Vista Residences’ thrust to offer convenience among its residents, it also features an All Day Convenience Store and Coffee Project in all its projects.
Vista Residences is part of Vista Land’s roster of condominium brands that cater to millennials and young professionals. The other vertical brands include Camella Manors, COHO, and Crown Asia.
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.