Site Archives Entrepreneurship

The entrepreneur’s life… as a game


Lorenz Yatco is an entrepreneurial coach. He has lived the life of an entrepreneur, and lived others’ lives as well vicariously, over the past twenty or so years.
Now he’s made a board game out of it. You can read all about it in the upcoming May-June issue of SME Insight.
The board game is called The […]

Growth pains


Also in our upcoming May issue of SME Insight, Dr. Herminia Fajardo, our columnist who has had several decades of experience in the SME sector, talks about the critical transition from being a micro enterprise to being a larger, more professional organization.
Here’s the thing: many entrepreneurs never learn to grow up. Having gotten used to […]

Managing vs. Entrepreneurship


What’s the difference between a manager and an entrepreneur? Or is there a difference at all in the first place?
Let’s put it this way. Imagine that you have extra capital, and you decide to invest in a food franchise business. Are you now an entrepreneur?
The bad news is… not really. You are an investor because […]

Opportunistic entrepreneurs, Visionary entrepreneurs


Based on observations and case studies of CEOs, there seem to be two kinds of entrepreneurs, if we can classify them according to how they utilize resources.
On one hand are the visionaries. These folks have grand, ambitious goals. They typically have a very strong idea of what they want to accomplish. And they generally find […]

Location, Location, Location


Sometimes the choice of what business to put up depends on what resources you have in the first place.
For many entrepreneurs, this translates to location. After all, getting a perfect location for your ultimate business idea is next to impossible. So why not go the other way and first look for an available location… and […]