For many Filipino business owners, the drive to grow the company and the need to protect personal health can feel like opposing forces. A 2024 Boston Consulting Group survey of 1,500 Filipinos found that 58 percent cited financial security for health scares as a top dream, while 56 percent aspire to start their own businesses. These two ambitions — safeguarding
Every business owner knows the feeling: the holiday rush hits, foot traffic surges, and suddenly the complaints roll in. Longer wait times, out-of-stock items, delayed deliveries — it’s easy to blame the season itself. But the real reason customers complain more during busy seasons isn’t just the volume of people. It’s the gap between what shoppers expect and what a
Entrepreneurship in the Philippines is often framed as a story of resilience and grit. You hear about the diskarte, the long hours, and the eventual payoff. What you rarely hear about is the quiet struggle that happens before any success — the months of zero revenue, the permits that take weeks, the loans that get denied, and the pressure to
You poured months into a side project. You built the website, posted on social media, and told your friends. Then the sales didn’t come. The realization that your passion isn’t profitable can feel like a personal failure. But it’s not a verdict on your talent or your worth. It’s a signal that something in the equation needs to change —
Eight out of ten new businesses in the Philippines don’t make it to their tenth year. Half are gone by year five. The first year alone claims one in five. Those numbers, from a breakdown of Filipino business survival rates, trace to many causes — cash flow trouble, weak planning, regulatory missteps. But one factor cuts across nearly every failure:
Entrepreneurship in the Philippines looks deceptively easy. A milk tea shop can open for around ₱50,000, with suppliers offering complete packages that include equipment, recipes, and even store setup assistance. The barrier to entry feels almost nonexistent. Yet the data tells a different story: 20% of new businesses in the Philippines fail within their first year, 50% fail by their
