Pinoy Entrepreneurship: Fil-Negosyo Expo 2006
I had a lot of time to kill before picking up my daughters at their dorm yesterday. I knew about the Fil Negosyo Expo 2006 at the 5th floor Megatrade Hall, SM Megamall starting on June 23 till July 2, 2006 . My curiosity got the better of me. What are the latest small business ventures that one can enter to these days? I wanted to see if some existing businesses could complement my ecommerce plans. A quick glance at the booths showed that most of the business ventures didn’t need a lot of capital.
A number of e-load dealers touting “1 SIM Load all” in the expo proved that the e-load retailing is a multi-billion industry. There was the eNegosyo, d-loads, Load Xtreme and Megaload. One thing in common with this business is networking opportunity and low capital requirement . For instance the capital for the retailing with networking business is 500 pesos ($9.40) enegosyo , 800 pesos ($15.00) for d-loads , and 16,000 pesos ($301) for Load Xtreme. Megaload claims it has no networking so its capital outlay is only 299 pesos ($5.60). It looks like Load Xtreme makes a killing just on networking model.
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Since I already had an eLoad retailing at home, I invested 500 pesos at eNegosyo to complement my existing eload services. Why enegosyo? Though they are relatively new, they had a professional demonstration at their booth. Well, it’s also because their financial goals seemed more realistic. It remains to be seen if they are really reliable but hey, 500 pesos isn’t going to kill me. Take risks, right! (Add me as your sponsor if you’re joining eNegosyo )