Why Some Entrepreneurs Keep Their Struggles Hidden From Everyone

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 keep all of it hidden from everyone around you. Many Filipino founders choose to suffer in silence, and the reasons why run deeper than mere pride.

23.3%
of GNI per capita needed to launch a startup in PH — highest among 50 countries
Business Name Generator

47
tax payments required per year for Philippine companies
Acclime

39
average days to register property — all documents must be notarized
Acclime

The Weight of Starting: Why the First Year Feels Impossible to Share

The Philippines was ranked the most challenging country in which to launch a startup, according to the Business Name Generator’s 2023 Global Startup Index. The cost of starting a business here is the highest among 50 countries surveyed, at 23.3% of GNI per capita. That figure alone explains why many founders drain their personal savings or borrow from family before they ever see a single sale. But the financial burden is only half the story. The process of starting a business takes more than a month to complete, and property registration alone averages 39 days, with every document requiring notarization. When you are three months in with no revenue and a stack of unpaid notarial fees, telling friends and family that you are “building something” feels like admitting you made a mistake.

This pressure to appear successful is compounded by the fact that the average monthly salary in the Philippines is around $850, and the quality-of-life score for employees is the lowest among the countries surveyed. For a founder who left a stable job, the gap between what they earned before and what they earn now is not just a financial strain — it is a social one. Every family gathering becomes a performance. Every “How’s the business?” question is a reminder that the answer is not yet what they hoped it would be.

Three Inherited Mindsets That Keep Founders Quiet

The reluctance to share struggles is not just about money. It is shaped by centuries of history that taught Filipinos specific ways of surviving. These inherited mindsets, as described by business coach Ron Marquez, still influence how entrepreneurs operate today — especially when things go wrong.

🇪🇸
The Spanish Colonial Mindset
333 years of colonial rule promoted “Stay Safe. Don’t Stand Out.” This leads founders to avoid difficult conversations, tolerate underperformance, and keep their vision vague to prevent offending anyone. Sharing a struggle feels like standing out in the wrong way.

🇯🇵
The Japanese Occupation Mindset
Three years of occupation taught “Endure Quietly. Survive at All Costs.” This normalizes burnout and overwork. Rest is seen as weakness. A founder who admits they are struggling is breaking a survival code that says you just keep going no matter what.

🇺🇸
The American Colonial Mindset
48 years of American rule instilled “Follow the System. Wait for Direction.” Entrepreneurs wait for validation from outside — a grant, a mentor’s approval, a big client — before they feel legitimate. Without that external nod, they hide the struggle because they feel they haven’t “earned” the right to talk about it.

These mindsets do not operate in isolation. Most Filipino entrepreneurs hold a blend of fixed and growth beliefs: they value hard work and genuinely want to grow, but they also fear failure and judgment. They endure hardship but avoid risk and visibility. The result is a founder who works twice as hard but tells half the story.

Red Tape That Forces Silence

Beyond mindset, the regulatory environment actively discourages transparency. Tech ventures in the Philippines must obtain dozens of permits and wait weeks for approval. Business consulting firm Acclime noted that companies must make 47 tax payments each year. Some government agencies even require startups to submit business models and proposals just to get started — a process that exposes a founder’s entire plan before they have any traction.

When a founder is stuck in permit hell for two months, they are not going to post about it on LinkedIn. They are not going to tell their investors (if they have any) that they are burning cash on notarization fees and waiting for a mayor’s permit. They go quiet. They say “it’s processing” and change the subject. The bureaucracy itself creates a culture of silence because admitting how slow things move feels like admitting incompetence — even when the system is the problem.

Watch Out
The Cost of Shutting Down
It takes years and a lot of money to shutter a company in the Philippines, according to Navarrete of Kickstart Ventures. This means founders who are failing often cannot just walk away quietly. They drag out the struggle, hiding it from everyone, because the exit process itself is punishing.

The Funding Gap That No One Talks About

Access to capital is limited in the Philippines. Banks impose strict loan requirements, pushing entrepreneurs toward angel investors, venture capitalists, or crowdfunding. But the numbers show how small the funding pool really is. Of about 1,000 global deals that Kickstart Ventures closed in Q2 2024, only 90 deals — or 9% — involved Philippine startups. The Asian Development Bank estimated there were about 700 Philippine startups as of October 2023. Compare that to Indonesia’s 2,431 startups (2022), Malaysia’s 3,000, Singapore’s 4,500, and Vietnam’s 3,800 (2022).

When a founder knows that only 9% of regional deals go to their country, they feel the pressure to be perfect. They cannot afford to look shaky. So they hide the cash flow problems, the delayed product launch, the co-founder dispute. They present a polished front because they believe that any crack will be the reason they get passed over for the next round. The ADB also cited a gap between support for early-stage and late-stage startups. The Philippines has about 35 incubators and accelerators, but lacks a mature accelerator program for advanced-stage startups needing customized mentorship. This means founders who survive the early years often hit a wall with no one to turn to — and they keep that wall hidden.

The Exception That Proves the Rule

The Philippines does have unicorns, but most are tied to large corporations. Mynt (GCash) is owned by Globe Telecom. This is different from other countries where unicorns were started from scratch by independent founders. The goal, according to Kickstart Ventures, is to see a Filipino unicorn not tied to a big corporation — because that would open the gates for more investments. But until that happens, the average founder is operating in a system where the biggest success stories are not replicable by someone starting in a garage. That reality makes it even harder to be honest about the struggle. If the only visible wins come from corporate-backed ventures, the solo founder feels like their small, messy journey does not belong in the same conversation.

When Keeping Quiet Hurts More Than It Helps

Hiding the struggle has real costs. It prevents founders from getting the help they need — whether that is mentorship, a pivot suggestion, or just emotional support. It also reinforces the very mindsets that hold them back. The “endure quietly” approach leads to burnout. The “don’t stand out” instinct prevents founders from asking for better terms, firing underperformers, or pivoting boldly. The “wait for direction” reflex makes them dependent on external validation instead of trusting their own data.

There are promising signs of growth. Companies like Kumu, Growsari (Series C), Coins.ph (acquired by GoJek), and Zap (digital loyalty) show that Philippine startups can scale. PDAX (crypto exchange) and Sprout Solutions (B2B) are also gaining traction. Kickstart Ventures is excited about Series A companies like Pickup Coffee and Edamama. But these stories are the exceptions, not the norm. For every founder who makes it to Series C, there are dozens who are still in the “endure quietly” phase, telling no one how hard it really is.

What Should Change — and What Founders Can Do Now

The government passed twin measures in 2019 to institutionalize support for the tech startup sector and recognize its role in economic development. But the gap between policy and implementation remains wide. Navarrete noted that the government should update laws crafted decades ago. Offering incentives to talented Filipinos and expatriates could boost the ecosystem, and large corporations should be encouraged to consider startups for solutions.

For founders themselves, the first step is recognizing that the inherited mindsets are not destiny. The Spanish, Japanese, and American colonial periods shaped how Filipinos think about risk, authority, and endurance — but those patterns can be unlearned. Reframing failure as feedback, replacing endurance with design, and choosing ownership over compliance are practical shifts that change how a founder operates, not just how they feel. The greatest work, as Marquez puts it, is thinking better, not working harder.

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Frequently Asked Questions

Why do Filipino entrepreneurs hide their struggles?
A combination of high startup costs (23.3% of GNI per capita), complex bureaucracy, limited funding access, and inherited colonial mindsets that discourage vulnerability and reward silent endurance. Many founders fear judgment or believe admitting difficulty will scare off investors.
How much does it cost to start a business in the Philippines?
The Philippines has the highest startup cost among 50 countries surveyed, at 23.3% of GNI per capita. This includes permit fees, notarization costs, registration, and compliance requirements that take over a month to complete.
How many startups are there in the Philippines?
The ADB estimated around 700 Philippine startups as of October 2023. For comparison, Indonesia had 2,431, Malaysia 3,000, Singapore 4,500, and Vietnam 3,800 (2022 figures).
What is the biggest regulatory challenge for startups?
Startups must obtain dozens of permits, wait weeks for approval, and make 47 tax payments per year. Property registration takes 39 days on average, and all documents must be notarized. Some agencies also require submission of business models and proposals.
Are there successful Philippine startups?
Yes. Examples include Kumu, Growsari (Series C), Coins.ph (acquired by GoJek), Zap (digital loyalty), PDAX (crypto exchange), and Sprout Solutions (B2B). Series A companies like Pickup Coffee and Edamama are also gaining traction.
Why is there a funding gap for Philippine startups?
Only 9% of Kickstart Ventures’ global deals in Q2 2024 involved Philippine startups. The ADB noted a gap between early-stage and late-stage support. The country has about 35 incubators and accelerators but lacks a mature accelerator program for advanced-stage startups.
What is the Spanish Colonial Mindset in business?
It promotes “Stay Safe. Don’t Stand Out,” leading entrepreneurs to avoid difficult conversations, tolerate underperformance, delay decisions, and keep their vision vague to avoid offending others. This makes it harder to ask for help or admit failure.
How can a Filipino entrepreneur shift their mindset?
Reframe failure as feedback, replace endurance with design, choose ownership over compliance, value clarity over comfort, and believe that growth is learned, not inherited. These shifts change how you lead and build, not just how you feel.

What to Watch For Next

The Philippine startup ecosystem is showing real growth — more companies are raising Series A, B, and C rounds, and the talent pool is deepening. But the culture of silent struggle will not change until founders feel safe enough to be honest about the hard parts. If you are building something right now, the most useful thing you can do is find one or two people you trust and tell them exactly where you are — not where you want to be. The silence is the part of the system you can break on your own.

If this was useful, you might also want to read how arbitration fees create another hidden cost for Philippine businesses.

Sources

How struggling local ads can save your PH biz — Practical marketing strategies for founders operating on tight budgets.

Low morale hinders Filipino worker performance — Explores how team culture affects business outcomes, relevant for founders managing small teams.

Philippine startups tied up in red tape struggle to take off. Asian Business Review, 2024.

The Hidden Mindsets Holding Filipino Entrepreneurs Back. Ron Marquez, 2024.

Contemporary Economic Issues Facing the Filipino Entrepreneur. Filipino Business Hub, 2024.

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The content on RichestPH.com is for educational purposes only and should not be considered financial, investment, legal, or professional advice. We are not liable for any decisions made based on our content. Always conduct your own research and consult professionals before making financial or business decisions.

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