Hidilyn’s Advice for Overseas Filipinos who want to do Business

Just about anyone who has a capital can start a business. Running a successful business, though, is an entirely different story. Several factors affect the success of a business, and Overseas Filipinos who want to put up their own business should know that.

Olympic gold medalist Hidilyn Diaz, who is a first-time small business owner, and now a business management scholar, has some tips for those who want to put up their own business.

  1. Thoroughly study the business. First thing to do is do some research on entrepreneurship. “It’s okay that we know what business we’re doing. It must be studied first,” Hidilyn’s story.
  2. Find an entrepreneurship mentor. In Hidilyn’s weightlifting profession, she has a coach to guide her. The same goes for business.
  3. Identify opportunities for business. Additional capital does not have to come only from savings or from relatives and friends. Funds can also be obtained from the bank.

According to BDO Network Bank (BDONB) senior vice president and MSME group head Karen Cua: BDONB is a bank for micro-entrepreneurs. With the help of our Kabuhayan Loan, we are able to fund the needs of entrepreneurs in their business operation and expansion.

The BDO Network Bank Kabuhayan Loan is a big help to Pio Conti of Laguna (L) and Yolanda Arranquez of Davao (R) to grow their business and fulfill their dreams.

As Pio Conti of Laguna did, he used the Kabuhayan Loan to buy additional stocks of merchandise. For Yolanda Arranquez and her OFW husband, the Kabuhayan Loan is a big help to increase their income.

For more information about Kabuhayan Loan, visit the nearest BDO Network Bank branch, or inquire on the BDO Network Bank PH official Facebook page or the BDO Network Bank website.

Written by dotdailydose

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