Friday, January 27, 2012

Out of Your Comfort Zone

"We expand our world when we go out of our comfort zone."

I remember hearing this said to me a couple of years ago. I just forget who said it. I do remember it now and the relevance and truthfulness of that statement.

A couple of years ago, five years to be exact, I was just minding my own work as a business development manager in an online job portal. I wasn't looking to start a business. I wasn't even thinking of going out and meeting people through my talks and hosting projects.

Five years ago, I was in an office working from 9am-6pm thinking of ways to grow and expand the services of the company I was with. Five years ago, I was commuting daily waking up early so I will not be late.

Five years ago, I was getting paid every 15th and 30th of the month. I was saving barely enough, just buying the things that I truly need.

Every thing changed when I decided to join the Subaru Impreza Endurance Challenge in the Fort. The top 10 finalists will be going to Singapore to have a chance in winning the Subaru Impreza WRX (my dream car). To be in the included in the top 10, You must endure standing up in the heat of the sun holding a Subaru Impreza sedan with your right hand. if you let go or even move your hand, you can be disqualified from the contest. Five-minute breaks are allowed every after 6 minutes.

I wasn't included in the top 10 but I was close. I stood for more than 28 hours and 50 minutes in the30 hour endurance challenge.

The challenge changed my life in more ways I could imagine... After the challenge, I was asked for an interview in a cable channel. They invited two winners and me, as the not so lucky one, and the organizers of the challenge.

Once the interview is over, the director approached me and asked if I can host a business show they were producing at that time. Although I had no experience in hosting nor have any communication arts background, I eagerly accepted. It was a new challenge for me.

I found myself being open to new opportunities. There was a time I used to say 'no, it was not me.' I began saying 'okay, let me give it a try' more frequently after the Endurance Challenge.

When I started hosting, I did not do well in the first few episodes. I continually asked for directions and advice. The positive side is that, I began to talk to more businessmen and leaders in different industries. I got to know more about business strategies, finance and marketing. It has helped to grow as a person.

With Mr. Lloyd Luna
When I was also a TV host, I met Mr. Lloyd Luna. He has asked to join their pool of speakers in the Professional Speakers Association of the Philippines. This paved the way for a couple of speaking engagements.

I never dreamed nor thought of becoming a speaker. I grew up as an introvert. I shied away from public places. I would rather stay at home than go to a social event. I still do, but I can now speak in front of hundreds of people.

A chance meeting in a coffee shop in one of the malls in a business district also opened an opportunity for me to help my Alma Mater. I didn't realize that it will also pave the way for a regular hosting assignment in the forums organized by the Speakers Bureau of the Alumni Association.

With the officers of the Ateneo Alumni Association

Because of the business that I am in, there have been invitations and interviews from several media outlets. We were featured in TV and the newspapers. I was also interviewed in radio.

With DJ Vince, Mr. Ching and DJ Tracy of the Wake-Up Show
I never thought that once I decided to go out of my comfort zone, my world suddenly expanded. The things that I am doing now, wasn't even in my mind a couple of years ago.

Going out of our comfort zone can be quite scary. We have been used to the status quo. We want things to stay the same. However, if we do stay the same, we will be left out eventually. Change is happening at the speed of thought - as what they say.

How do you manage to go out of our comfort zone and still be grounded. Here are the things I've learned:

  1. Be courageous. As the saying goes, courage is not the absence of fear but the judgement that something else is more important than fear. Think about the things that you value the most - is it financial freedom? How can you achieve that if you are afraid?
  2. Get a supporter. When things get rough; they will really be going to get rough, you will need someone to talk to you will constantly remind you that every thing will be alright. Your supporter will be the one who will continually cheer up when you are done and push you even harder when you begin to slacken up. 
  3. Keep true friends. I may not have a lot of Facebook friends but I do keep a handful that I can always count on. These friends have been with me since college. They know where I came from and the challenges that I've faced. 
  4. Stay humble. Know that you do not have all the answers. Know that a street-sweeper may know some things that you don't. Don't belittle a person because you think he cannot help you. Learn from people and be a good student.
  5. Constantly accept new challenges. Do not say 'no' immediately nor say 'yes' to everything that is being offered. Look at it from a bigger perspective and think how it can help you grow and become a better person. If you think it will help you reach your goals, then accept it. If it will just keep you from achieving your mission, say 'no'.

Choosing To Make Difference

The second and third speakers at the forum organized by the Ateneo Alumni Association through the Ateneo Speakers Bureau were Coach Pia Acevedo and Pia Magalona. These two wonderful ladies set-up a company called The One Core, where they help you to make a difference in your life that will also make a difference in your relationships.

One Core will be able to help the students of the program find where they exactly are in their lives and what are the things they can do to be able to achieve the things they want to achieve. Through One Core, students will be able to learn how to master their lives and how they will be able to choose positive responses.

When people chose to respond positively, this increases their confidence and certitude. It helps them to create a difference in their lives.

One of the things that I have learned from Coach Pia is that to be able to keep yourself sane, stay away from negative people. Choose when to be available to them. When we interact with people, we continually come across different characters and personalities. Some people are very positive and are even oozing with energy. When you are with these types of people, you simply feel good! You want to be around them all the time.

On the other end of the spectrum, there are people who drain your energy; so called 'energy-vampires.' They seem to be whining all the time. They are the victims of traffic, of their birth and their existence. These are the people you want to stay away from. Coach Pia advised that you should not be available to them all the time.

When you have no choice but to meet these people, it is best that you already have an agenda of what you will be talking about. It greatly increases your chances of staying away from the person as fast as possible.

One Core also offers other programs such as personal coaching and assisting you in defining a career that is right for you among others. You can also look-up their programs by clicking here.

In the end, we all want to make a difference. But we need to start with ourselves before we even begin to think of changing the world.

Monday, January 23, 2012

Create Your Wealth Now

I hosted a motivational forum last Saturday, 21st of January 2012. The speakers came from different backgrounds and industries. As I have mentioned in my previous blog, I will be sharing with you what the message they imparted during the forum.

image from havocdigital.com
Let us start with Mr. Mike Palacios, Director of Havoc Digital and the owner of PinoyExchange.com. Mike Palacios has been immersed in the Internet industry and Internet technology since he graduated from the Ateneo de Manila University a couple of years ago. He started  PinoyExchange.com when the Internet service in the Philippines was still being accessed via dial-up.
image from pinoyexchange.com

He admitted that it took him several years to make PinoyExchange.com successful; it is now the largest Philippine portal forum in the Internet. He mentioned that whenever they would have meetings with prospective companies and sponsors, they would have to literally explain what the Internet is and how it can help their business.

Fast forward to today, everyone knows the Internet and access can be done virtually everywhere. There are hotspots in malls, cafes and restaurants. You don't need a laptop or a computer to access the Internet. He said that the lower social economic group will have their taste of the Internet using a smartphone. Just imagine how fast technology is changing. Just a few years ago, when you had a mobile phone, you were considered rich. Now, everyone is looking to have a smartphone.

What does this mean for an entrepreneur or someone who wants to earn some money on the side? It means it will be easier for you to sell yourself and get your message across.

If you are company who wants to expand your business or get people to talk about your product or service, you must engage the customer. Let them know what they can have when they get your services. You must always be accessible to them.

If you want people to trust you, get their friends to talk about you. With the proliferation of social networking sites, it would now be easier for people to tell and share their experiences once they have tried your product or service. Give them an incentive to share their experience.

The Internet also offers new opportunities for people to start a business very cost-effectively. There was a time that you have to have lots of capital to set-up a business. Now, all you need is a domain name and web-hosting service where you can upload all the files or pictures that you need to promote your products or services.

Things have become cheaper with Multiply and other social networking sites that promote selling and buying among its members. You do not need to have a warehouse or build a store where people can come to you. You just have to set-up an account and post the pictures and descriptions of what you are offering. I know people who are earning so much leveraging the power of the Internet.

Lastly, since Internet technology is rapidly changing and evolving, you must be able to change how things are done. There are several smartphone applications that are already creating a new way of doing things. Just recently, I went to a mall and saw that if you were a subscriber of one particular telco, you can pay and already book for your movie tickets in advance. You don't need to fall-in-line.

There are many opportunities that we can grab which were not present before. We just need to adapt and learn how we can take advantage of each emerging technology. Once we begin to see opportunities, then we can slowly create wealth and increase our passive income.

Saturday, January 21, 2012

Positivity! Motivating Yourself in 2012

I hosted a forum yesterday. The forum was another project of the Ateneo Alumni Association through the Ateneo Speakers' Bureau. The topic of the forum was, Positivity: Motivating A Better You!

The speakers were quite amazing. We had Mr. Mike Palacios, he co-founded pinoyexchange.com, currently the biggest forum portal in the Philippines. He had a very amazing story to share about grabbing opportunities and expanding businesses. Since he has been in the online industry, he gave valuable pointers on what can be done to expand your customer base using the Internet and how to get in touch with more people using new and upcoming media.

The second topic had two speakers, Coach Pia Acevedo and Pia Magalona. Pia Acevedo was my professor in Theology while I was still studying in Ateneo. She has positioned herself as a life coach that helps people create a difference for themselves. I do recommend that you go to their company's website and talk to them. I will be incorporating in my future blogs the things I learned from Coach Pia.

The third speaker was Mr. Hans Montenegro. He was an actor who successfully transitioned and made a career in the HR industry. He realized that being an actor was not a long-term career and job that was why, he decided to leave show business and have a career in HR. You don't meet a lot of people who are well-known in the HR industry as much as Hans Montenegro.

Further, he also had a very amazing story to share. He flunked his first year in the secondary education. He confessed that he didn't do well in school and had no idea what he wanted to do in his life.

In the next few days, I will writing about what each of these speakers talked about in detail. I will also try to get some pictures taken from the event and I will share it with you guys.

We are just beginning 2012. We are only in its first month... In spite of all the unsettling developments that we have, I do believe that this will be a year of opportunities and more positive things to come. We just have to make things happen. We need to stop dreaming and start doing.

Friday, January 20, 2012

Shared Office

My partner and I have been quite busy the past few days. We were looking for a new head office. We had to do this since the present office we are currently occupying is still not yet done. Construction works are still on-going.

We wanted an office that can be used to meet prospective business partners and franchisees. We also wanted an office that can receive mails and accept deliveries for us. We don't intend to use the head office as a place where we would show our services. We have our four shops to do that.

Realizing that office space rental is one of the biggest expenses of any company or business, we had certain criteria that we are looking for when choosing an office. These are the following:
  • It must be accessible by every one.
  • The place must be conducive to conducting meetings and presentations.
  • The rent must be affordable enough so we can focus on expanding our services in our shops.
Luckily, a previous colleague emailed me a new concept in the Philippines. It is a shared office. It's a location where businessmen can use the facilities; which include the phone, Internet, tables and chairs, when they become a member. It is like having your own office without investing on utilities, construction and other equipment. Once you become a member, you can automatically use the facilities that the shared office have.

image from http://thedailyoverdose.blogspot.com/
Aside from saving so much on utilities and other expenses, you can also network with other businessmen who are members of the shared office and you can really save a lot on rent. The membership fee for the shared office is pnly Php6,000 per year or about Php500 per month. It's the price a couple of latte's in Starbucks.

The shared office is also located in the heart of Ortigas Center in Pasig. It is near malls and has ample parking space. You can view the write-up and photos of the shared office space here.

As an entrepreneur, it is vital that we learn to be able to lower our admin expenses so that we can increase our marketing budget. The marketing budget will help us in making our presence known to prospective clients and customers.

Monday, January 16, 2012

Motivating A Better You!

I would just like to share with you the event of Ateneo Alumni Association. We all need motivation to sustain us in these challenging and trying times.

I will be hosting the event.

Saturday, January 14, 2012

What Drives You?

I love this commercial of Chevron (formerly known as Caltex) where they ask 'what drives you'... Or in other words, what are you passionate about? Passion is loosely defined as a powerful emotion or feeling. Passion is what drives new entrepreneurs to great heights and success.

Let me give you an example...

This person's passion was to make people beautiful. He started out his career in the  'beauty industry' sweeping the floor of a salon. He used whatever he earned to open his first 'beauty parlor,' which only consisted of a wall mirror, shampoo chair, a bowl and a dryer. Of course, it included his tools for the trade.

image from http://www.cavalletticommunications.com
But after some time, he was able to open-up a couple of salons within Manila. His big break came when he was offered a space in one of the biggest malls in the Metro Manila. Today, he has more than 1,200 employees and has a foundation. His successful 43 chains of salons is considered one of the biggest in the country. He is no other than, the 'Mother of All Entrepreneurs, Ricky Reyes.'

This is just an example of how a person who knows his passion can be successful. There are other rags-to-richer stories like Ricky Reyes. Some of these people are Manny Pacquiao, Dado Banatao and Mother Lily Monteverde.

These people are examples of how they live out their passions and have become successful for it. When they decided to reach greater heights, passion was what kept them going. They sought out new ways of doing things more effectively and efficiently. When things got rough, they never give up. Passion gave them a taste of success and they used it to further their horizon and make themselves an icon for other to follow and emulate.

These people have become successful because of passion. They know that hard work is the only avenue they have to take for them to be successful. They don't care much for excuses, rather they have looked for ways to make themselves better. In the process, they have separated themselves from the pack. They shall serve as our inspiration.

Friday, January 13, 2012

Is Buying A Franchise For You

I had a very interesting discussion with a friend who wanted to put-up his own business. He said that he doesn't have the experience and enough capital to venture out on his own and create his own product or brand. He is thinking of getting a franchise.

I understand him and I advised to get a franchise concept that is new and not easily copied. Food carts are a no-no since I know many food cart businesses that have lost money. Also, food cart concepts are quite similar to each other. The market is already flooded with choices.

He asked me for some tips and advice on how to choose the right business to franchise.

image from www.allfungi.com
Franchising has been a great opportunity for people who want to own a business but don't have the expertise and time to make a system and learn everything from scratch. Entrepreneurs have lots of choices in franchising, but the most common is a food cart business. 

Below are some of the tips in getting a franchise.

  1. Make sure that what you will be getting won't have any competition in the market. Competition eats away your market share. This is the reason why I am hesitant to recommend getting a food cart business since there are so many food cart franchisors offering the same products and services.  
  2. Support from the company. A franchisor is responsible for training the franchisee and his staff. The franchisee, in turn, must make sure he and his staff must learn what the franchisor has taught. From time to time, the franchisor will send his own staff to monitor and supervise a franchisees staff.
  3. Constant marketing campaigns to ensure that the product or service will be on the customers' minds. Since a typical person will be bombarded with more than 5,000 ads on a typical day, the franchisor must seek creative ways to reach his target audience. This will ensure that the customers will go the franchisee's store. 
But getting a franchise is not a going to be a sure-shot success. It all still goes back to the franchisee. A franchisee must supervise and learn the business inside-out. He must conduct local store marketing campaigns and  ensure that the his staff are doing what they were trained to do.In the end, the franchisee is ultimately responsible for the success or not of his own store.

Tuesday, January 10, 2012

No Money Down Marketing

As a business owner, we are looking for ways to promote and market out business without spending too much. As any entrepreneur would tell you, if you are in the start-up phase, it would be best to spend your money on marketing your services and products.

We all know, that posting an ad in TV or radio is expensive. If you are just starting out, that is out of the question. You want to reach more people more effectively - this is the only way you get your money's worth. But how do you do that?

Here are some of the things that we were able to do and we hope that you learn from them, too:

  • Serve a profitable niche in the market. This the reason why I tell people time and again, to go into business that will separate them from the pack. Don't get another food stall. Food stalls are dime a dozen and I know so many people who lost money because they invested in a food stall. We were able to be featured in several media outlets already because of the niche that we are serving. You can watch one of the interviews that we have had here.

At the Toyota Caravan last August 2011.
  • Highlight your competitive advantage! People always want to join the bandwagon. If they see people earning in a certain business, they will immediately put-up the same business. We have been chosen by Toyota to be the official car cleaning service provider because of the differences that we highlighted and how much better our service is compared to other car cleaning companies.
  • Take advantage of group buying sites. These group buying sites can help you in marketing your products and give you a small return for your services without investing in marketing. They may ask for 50% off or bigger so it's better to negotiate with them and be firm. Know how much you are willing to shell out and know how much you are willing to earn. You can see the new service we wanted to promote here. 

  • Invite bloggers to try out your service. Bloggers have a loyal following. They are viewed as unbiased and honest in their opinion of products and services. Compared to traditional media outlets, bloggers don't have editors to screen whatever they write. They can tell you the truth about certain products or services. You can see what was written about our company here and here.
Sometimes, it just takes a little creativity and a lot of guts to market and promote your products without putting any money down. My partner and I worked on this together and we were glad that it brought positive results in our venture.

Try the things we did and see how much buzz you will create. Or, if you have better ideas, please share them with our readers. 

Sunday, January 8, 2012

Donald Lim Talks About Education

Our parents have constantly told us that getting a good education is one of the best assets we can have.

Mr. Donald Lim is a living testament to that. At a young age of 33 years old, he has already finished his PhD program. He places a great value on education.

One of the greatest assets of an entrepreneur is his love for education and continuous learning. Age is only a number and as long as he is living and able to do so, he will continually strive to be a better person today than what he was yesterday.

Let us all learn from Mr. Donald Lim.



Thursday, January 5, 2012

Network Marketing

I would just like deviate from my usual lessons to talk about mulit-level marketing or network marketing. I am neither encouraging people to join it nor am I discouraging others. What I am writing is purely a personal opinion. I suggest that you do some research if you intend to join a network marketing company.

I received a phone call from a guy who tried our services in one of our franchised shop. He said that he has a business to offer which is similar to what we are doing. When I pressed for more details and asked if he can send me information via email so I could check this out and get back to him as soon as possible he insistented on meeting me personally. So I agreed to meet him the following day.

When we met and I asked how can I help him out, he began to tell me about his 'business'. He said that he has been in network marketing for a couple of years already. He told me how much other people are earning because of this new business. He even told me that this company is expanding in Asia through the Philippines and that Philippines will be the 'tip of the spear' (words of their CEO) in Asia. 

I asked about the products and how are they different from the other products being offered in the market - either through retail sales or direct-selling. They told me that their product is superior and are 100% organic. The products don't have any side-effects. They then immediately proceeded to tell me about the compensation plan and how much do I need to invest.

Image from www.networkmarketingidea.com
After the presentation, they told me that one of their 'legs' is already strong and they need to strengthen the other 'leg' to be able to earn the incomes they showed. They said that I don't have to do anything but to tell people about it and they will be the one to present.

I thanked for them for their time and told them that I will be doing some research and will be talking to my partner about their proposal. They left me a product I can try out.

In all honesty, this is not the first time that someone approached me and asked me to join their network. In my previous job, we even thought about implementing such a system. I and my other colleagues decided against it after seeing how it would work. So the CEO decided to get consultants who have been doing network marketing for more than a decade.

When I do get invitations like the ones I mentioned above, I do some research. Thank God for the internet! Information is just a click away.

People join network marketing companies for a variety of reasons. Some do it for the money, others do it because they want to help, others because they just want to buy the products at a discounted rate.

There are many write-ups written about network marketing. There are books, articles, opinion pages and even studies that have been made for and against the subject. I recently found out that my Alma Mater has a course on it.If you want to learn about the subject, I suggest you can read the articles on the Internet or buy books both for and against it so you can form your own opinion about the matter.

Most who are into network marketing will say that it has changed their life. They flaunt the fruits of their labor - mostly expensive cars and new homes. Some take and post pictures of the vacations they have taken and the countries that they have gone to.

Network marketers use the products they sell. They tell others that they are primary users themselves. They give testimonials on how their health has improved or how they have become more beautiful because of the products. I have personally tried the products myself just to test their claims. The results have been mixed. When I tell them about the results, they usually tell me that I have to be a regular user for the products to be truly effective.

I also ask about the company and its track record. They usually tell me how big the company is and who owns the company. When I do get these information, I just go online look for and verify their claims. I have found out that some the claims about the company's history are dubious. All you need is to type some key words in Google to know the entire history of an MLM company.

While some MLM companies offer real products, some of their claims are highly exaggerated. They will present studies, journals and papers supporting their claim. Some of these written materials are authentic. These companies paid for their own researchers to back up their claims.

But I have also found out that other products in the market also have the same effects. They are, however, more affordable.These products are being sold in traditional retail outlets. They are priced much lower because they don't have the burden of shoulder for the commissions and other perks established by MLM companies.

Network marketers will also impress you with the number of members in the system. They will tell you who are the prominent members and where they have already expanded. While this may sound impressive, I would like to find out how much an average member is earning. We must take away the outliers who are the top 10 earners and bottom top ten and just get the median.

They will also tell prospects that opportunity comes only ones to convince them to immediately sign-up and invest in the system. i personally would rather make my own opportunities.

As the baby boomers age, you will see more and more networking companies selling health and wellness products. The baby boomers or the graying population are the primary target of these companies. Members are told to actively promote and sell the products these people.

One thing I would like to give credit to these companies their ability to train people. The training is so good that people are willing to go outside of their comfort zones to be able to achieve their dreams. Although I know many who still fall short.

While I don't condemn the system, I personally believe that network marketing is not for me. It is not my forte. I would rather put-up a traditional business that employs people and grow it from the ground up. While network marketing can provide people with unlimited income potential, just like any other business, you also have to work hard for it. But in the end, it is the company or your upline who will benefit the most. If you are not sure about the company or the system, I suggest you read and research first.

Wednesday, January 4, 2012

Business Courtship

Doing business is like courtship. You must be able to find the right partner in order for your business to grow. Finding the right partner is often the difference between a successful venture or being part of the 95% of businesses that fail in the first few years.

Let me illustrate...

In courtship there are several levels, the first level is the getting to know you phase. Once they see that they are compatible with each other, then comes the second stage; the exclusivity stage. They don't see nor go out with other people. Then after awhile, the engagement stage. This is the stage where they plan to take their relationship to the next level. Lastly, the final stage or marriage.

Thank you to http://www.lightinthebox.com/
Now, let us apply this to the business world.


Stage 1. Getting to know you phase.

Entrepreneurs love to share their ideas. They love talking about the things they want to do and plan to do, hence, they have the capability to convince others to join their cause. Entrepreneurs are usually gifted communicators.

During this phase, entrepreneurs meet and talk to a lot of people. These people either buy in to the idea or not. Those who buy in, talk to the entrepreneur and discuss the possible scenarios. The entrepreneur and prospective partner try to feel each other out. They find out whether a possible working relationship will prosper or not. This is where entrepreneurs find investors or other partners to help him grow his business.

Stage 2. Exclusively dating.

The moment that they see that they can have a pretty harmonious working relationship, they begin to work on and improve the business. They talk about how they will realize the business. Other ideas or proposals may be coming in, but they just focus on making the business come true. Others are just a distraction.


They are laying the foundation of the business on this stage of the courtship.

Stage 3. Engagement.

During this part of the courtship process, both the entrepreneurs and the partner are laying the groundwork of the business. They get the necessary documentation and permits, they make sure that operations will run smoothly as possible. This can either be long engagement or a short-one. If the business, marketing and financial plans have been made on Stage 2, this will be a short engagement.

Stage 4. Marriage.

This is where the tire hits the road, so to speak. The entrepreneur and the partner finally start the business. They hire the people who believe in their cause (their children) and work towards the goals that they have agreed upon. But just like a real marriage, a business partnership will also experience rocky and tumultuous moments. Yet, there will also be victories and triumphs!

The key to maintaining a good business relationship, just like in marriage, is mutual respect. Understand that each individual is unique. Staying true to the vision and mission will be the key to a long, lasting and successful partnership.

Monday, January 2, 2012

Will You Be My Partner?

People think that one of the main issues with entrepreneurs is that they love to do things on their own. They believe that these mottoes apply to entrepreneurs:
  • If you want something done right, you do it yourself, and
  • Too many cooks spoil the broth
 This is why our idea of an entrepreneur is someone who has graying or thinning hair, always stressed out and always on the go. To some extent that is true. Entrepreneurs love to take charge. Entrepreneurs always point the direction where they want the company to go. They create the vision.

However, we seldom see that entrepreneurs also have partners whom they can rely on and trust. Entrepreneurs know their weaknesses and their limitations. They seek people who can back them up. They seek individuals who can provide the expertise that they don't have.

How do they do this? An entrepreneur's mind works differently. In my previous blog, I mentioned that entrepreneurs are people or persons who add value to something. It is natural for them to seek out people who can strengthen them and provide them the needed lift to get to their vision.

Thanks to http://www.vibrationalenergyhealingcenter.com/
You can see this at work in newly built corporations and partnerships. Two or more people get together, form a company and achieve its goals collectively. One is handling sales, another handles marketing, one person handling finance and so on and so forth. There are no two partners doing the same thing, otherwise chaos would ensue. There will be a clash of ideas and egos.

In GreenRides, my partner and I have agreed to take on certain roles. She is primarily handling the admin and finance side and I am handling business development and product expansion. Although we both handle marketing, we have agreed to debate, consult and support one another. There may be shouting matches at times regarding some ideas we want to try and implement, in the end, we always know and have agreed that we just want the company to expand and grow.

For those things that we don't know anything about, we have agreed that it would be best to outsource certain tasks. Once we decided to do this, we can focus on what we are good at.

For those who want to venture on their own, I suggest you seek a partner that will complement and complete your skills. If you decide to make on your own, the probability of failure is much larger. Even Donald Trump had some help in constructing his famous buildings!