Re: Guys need some profit making suggestions
Sad to see so many investment/non-value adding suggestions. Speculation/investment into existing businesses doesn’t help many people.
I was going though a very interesting piece by a filipino entrepreneur with advice to recent graduates very relevant to us Pakistanis:
Pinoy-Business.com - The call of Entrepreneurship, by Mr. John Gokongwei, Jr.
…Twenty years ago, the per capita income of the Filipino was 1,000 US dollars. Today, it’s 1,100dollars. That’s a growth of only ten percent in twenty years. Meanwhile, Thailand’s per capita income today is double ours; Malaysia, triple ours; and Singapore, almost twenty times ours…
…Pretty soon, we will become a nation that buys everything and produces practically nothing. We will be like the prodigal son who took his father’s money and spent it all. The difference is that we do not have a generous father to run back to. But despite this, I am still very excited about the future. I will tell you why later.
You have been taught at the Ateneo to be “a person for others.” Of course, that is noble: To serve your countrymen. Question is: How? And my answer is: Be an entrepreneur!
You may think I am just a foolish man talking mundane stuff when the question before him is almost philosophical. But I am being very thoughtful here, and if I may presume this about myself, being patriotic as well. Entrepreneurship is the answer. We need young people who will find the idea, grab the opportunity, take the risk, and set aside comfort to set up businesses that will provide jobs…
…Success doesn’t happen overnight. It’s the small successes achieved day by day that build a company. So, don’t be impatient or focused on immediate financial rewards. I only started flying business class when I got too fat to fit in the economy seats…