Why Filipinos Don’t Invest in Business?
Why many Filipinos are hard to convince in putting up their own business? Didn’t we notice that here in our country,
most of the millionaires are Chinese people? Look around you! The malls, establishments, condominiums, and
corporations are owned by them. Many Filipinos have stuck savings in a bank, can buy new cars, and visit
places abroad. But they don’t have money to invest in a business.
Here are the reasons why:
Lack of Financial and Business Knowledge
We Filipinos are not really into business, it is not taught at home or even in school. Business and financial literacy is
an advantage in putting up a business. Success follows.
This has a big impact on our daily life as Filipino. We have this kind of culture that we are responsible to finish our
study then get a good job. It doesn’t matter if we choose to be an employee, but the thing is a business can give you
more income and time for your family.
Afraid of taking risk
Investing in business, stocks, and insurance is a gamble. Filipinos are scared to take the risk, especially in business. We
are afraid to be scam by others and make a bad decision. One of the good traits of the business tycoon is being a risk-
taker and optimistic. They accept the possibility of failure and learn from it. – more
Ofw real talk. Why Chinese/Indian/ Korean They’ll go to the Philippines to engaged or put up a business while Filipino they’ll go to other countries to work as employees? –Learn more
Your income right now is a result of your standards. It’s not our industry or economy.
Increase your income, engage in a business with study
Create additional income for your dream.
Learn more to earn more!