Japanese 1: Konnichiwa

Japanese 2: Hai, O genki des ka?

Japanese 1: Hai, O genki des

Japanese 2: Hai, Dozo yorishhiku onegaishimas

Japanese 1: Hai, Arigato Gozaimas
If you agree
Entrepreneurs
hip and
Franchising
NOTACoR
TRAINING GROUP
Network of Optimal Trainers to Accelerate
Community Reforms (NOTACoR)

Our business is to build the capacity
of Filipinos to prepare themselves to
transform this country to be the next
business destination of Asia.
Your training needs is just
a text a way. 09998824012
NOTACoR Training Group
Core Leaders Training
Zamboanga City
November 8-9, 2012
Entrepreneurship
6 types of Income

EMPLOYEE

1. Time-based
2. Labor-based
3. Output based

UPPER AND MIDDLE CLASS

1. Sales Commission
2. Consultancy based
3. Interest-based
Financial
Literacy and
Basic Personal
Finance
Make a life story
Financial Intelligene and
entrepreneurship is not taught in schools.
Schools focus on scholastic and
professional skills but not on financial
skills. This explains how smart bankers,
doctors and accountants who earned
excellent grades in school may struggle
financially all their lives.

Robert Kiyosaki
Financial Literacy Educator
The Businessman and the Investor

The rich often "groom" their children or
the children of others.

By doing so, their children gain an overall knowledge of the
operations of the business and how the various
departments interrelate. In other words, they duplicate their
entrepreneurship principles.

In the next decade, more rich will be richer as there are
poor people become poorer.



The typical Filipino
1. A degree holder leave school without entrepreneurial skills
(victims)
2. A degree holder work harder but later find themselves
struggling financially (E.A.)
3. A degree holder work harder but dont get ahead
4. A degree holder could not understand why they are
struggling financially because they dont undestand
cash flow
5. A summa cum laude grad can be highly educated
professionally but financially illiterate
GSIS, SSS, Pag-ibig, Cooperative
The typical Filipino employee and the
Financially literate
Filipino A = Income expense = savings (no
investments)

Filipino B = Income-savings-investments =
expense
(savings for emergency and investments to
increase increase finances. Filipino B are those who attend Financial Literacy
Seminar)
Filipinos who possess Financial
Intelligence puts their money in PASSIVE
income

Passive income that was derived from a business that does not require our presence. I own it
and it is managed by people. If I have to work there, its not a passive income but a job with
an active income
1. Stocks
2. Bonds
3. Mutual funds
4. Income generating real estate
5. Notes
6. Royalties from intellectual property
7. Any values that produces income


Bank of America forecast that the Philippines, because of its phenomenal
Economy, will be the next investment destination no wonder The Philippine
Economy is the most research subject in Google.






The Businessman/Investor vs. The SBO/employee



In summary, financial intelligence teaches us:

1. Live within your means
2. Learn your passion that eventually can be sold
3. Learn the law, market and investments
4. Eliminate habits that are costly
5. Everyday is a learning activity how to make profit
6. Most wealthy people did not become millionaires overnight.
They become millionaires because of their long term habits
Champions are made in the training. They are just recognized
in the ring.:

7. Investment learning is a lifetime process
8. Do not be influenced by people with negative vibes
Why we want to increase
your financial intelligence?

Because we want you to be the kind of
person who create your own financial
destiny. A few people realize that
financial destiny is created. So you will
create your financial destiny instead of
working hard. Thus, your financial
intelligence is important.
What you do 10 yrs
If you start wrong, more often youll end up wrong
Notacor is advocating Financial education to be taught
To every Filipino
What Filipinos should do and why?

Develop financial intelligence to have more options

Financial Intelligence is knowing the basics of accounting,
investing, the markets, and the law will allow you to receive
greater returns on your money and build up your assets much
faster than the average person.

In addition, you also learn how to get better returns on your
money.
Financial intelligence is a synergy of
accounting, investing, marketing and law.

Combine those four technical skills and
making money with money is easier.

When it comes to money, the only skill
most people know is to work hard

So what do we do now? Spend more time
with people who thirst for financial
intelligence
If you give man, a fish. Tell me whats inside the pocket of your
Friends and I will tell you whats in your pocket. Learn financial education together.
By learning together, you will learn more, help and support each other to be financially free.. Horse story promotes learning as a team promotes strength
Once people have studied and
become financially literate, they
may still face roadblocks to
becoming financially
independent.

Robert T. Kiyosaki
Acitivty 1.1

Divide into (10) ten groups and discuss as a group
how to lower cost and increase your finances.
The group will choose a presentor from the group
Tawi
In the next decade, even cum laude graduates will have a hard time
finding jobs
Why some Filipinos do not reach the fullest
potential of financial intelligence

1.The Filipino being negative (Ex. Crab Mentality)
2. Fear of losing money
3. Cynicism lack of motivation generated by fear
4. Laziness has overtaken them
5. Bad Habits pleasure is more important than financial education
6. Arrogance Alam ko na yan
Action Plan

1. Take a break and assess what is working and what is not working
2. Learn financial intelligence through books and financial seminar
3. Pick the brains who have financial education experience
4. Look in the right places
5. Look for someone who what to buy then look for someone who wants
to sell
6. Learn from History
7. Believe and Take Action
END
Japanese 1: Konnichiwa

Japanese 2: Hai, O genki des ka?

Japanese 1: Hai, O genki des

Japanese 2: Hai, Dozo yorishhiku onegaishimas

Japanese 1: Hai, Arigato Gozaimas
If you agree
Entrepreneurship Course for Core
Group Leaders



Objective of the Training Course

1.To inspire participants to become entrepreneurs
2.To let participants know entrepreneurship is easy if the
foundation is strong
3.To show participants that anyone can achieve great wealth
4.To show participants that there are many ways to achieve
their entrepreneurial goals


The top 15 richest businessmen in the Philippines are:


1) Henry Sy - $9.1 billion (SM Prime)
2) Lucio Tan - $4.5 billion (Phillip Morris Fortune Tobacco)
3) Enrique Razon Jr. - $3.6 billion (International Container
Terminal Services)
4) John Gokongwei Jr. - $3.2 billion (JG Summit)
5) David Consunji - $2.7 billion (DMCI)
6) Andrew Tan - $2.3 billion (Alliance Global)
7) Jaime Zobel de Ayala - $2.2 billion (Ayala Corp.)
George Ty - $1.7 billion (Metropolitan Bank)
9) Roberto Ongpin - $1.5 billion (Atok-Big Wedge)
10) Eduardo Cojuangco Jr. - $1.4 billion (San Miguel)
11) Roberto Coyiuto Jr. - $1.3 billion (National Grid)
12) Tony Tan Caktiong - $1.25 billion (Jollibee Foods)
13) Lucio and Susan Co - $1.2 billion (Puregold Price Club)
14) Iigo and Mercedes Zobel - $1.15 billion (Ayala Corp.)
15) Emilio Yap - $1.1 billion (Philtrust Bank)

Filipinos who possess Financial
Intelligence puts their money in PASSIVE
income

Passive income that was derived from a business that does not require our presence. I own it
and it is managed by people. If I have to work there, its not a passive income but a job with
an active income
1. Stocks
2. Bonds
3. Mutual funds
4. Income generating real estate
5. Notes
6. Royalties from intellectual property
7. Any values that produces income


Bank of America forecast that the Philippines, because of its phenomenal
Economy, will be the next business destination no wonder The Philippine
Economy is the most research subject in Google.






The typical Filipino employee and the
Financially literate
Filipino A = Income expense = savings (no
investments)

Filipino B = Income-savings-investments =
expense
(savings for emergency and investments to
increase increase finances. Filipino B are those who attend Financial Literacy
Seminar)



If you want to become an entrepreneur, you have to
be willing to let go of some of your old ways of thinking an
being and adopt new ones. The results will speak for
themselves. Its not enough to be the in the right place at
the right time. You have to be the right person in the right
place at the right time.

Arv Ecker
Author and Seminar, Secrets of the Millionaire Mind


Learning from Japan entrepreneurship
Matsushita,
Sony, Honda, Toyota, Toyo kogyo, Suntory, Kyoto Ceramics
(Kyocera), and Daiei

A vision is higher than a cause
Entrepreneurship Course
for Core Group Leaders
If we want to be a dynamic entrepreneur then we have to start
Changing our mindset of being an employee.
Why some Filipinos do not reach the fullest
potential of financial intelligence

1.The Filipino being negative (Ex. Crab Mentality)
2. Fear of losing money
3. Cynicism lack of motivation generated by fear
4. Laziness has overtaken them
5. Bad Habits pleasure is more important than financial education
6. Arrogance Alam ko na yan
I chose to live my life unafraid even during times when I was
afraid. I discovered that entrepreneurship opportunities dont find
you. You find your opportunities to do business. Call it trite-but
believe me, entrepreneurial success CAN be achieved through
hard work, frugality, integrity, responsiveness to change and most
all, the boldness to dream.

John Gokonwei
Chief Executive Officer
JG Summit Holding


Entrepreneurship and Franchising Course
for Core Group Leaders
Entrepreneurship
Course for Core
Group Leaders
Make a life story
Journalist (passion)
Business
Notacor Chief Trainer and Faculty
Where do I start?

Entrepreneurship Defined

The capacity and willingness to undertake conception,
organization, and management of a productive venture with
all attendant risks, while seeking profit as a reward.
In economics, entrepreneurship is regarded as a factor of
production together , natural resources, and capital.
Entrepreneurial spirit is characterized by innovation and risk-
taking, and an essential component of a nation's ability to
succeed in an ever changing and more competitive global
marketplace.
I. Change the fruits, change the roots
Entrepreneurs believe I create my life
poor people believe Life happens to me.
Entrepreneurs focus on opportunities,
working professionals focus on obstacles
Entrepreneurs admire other entrepreneurs,
poor people resent successful people

Entrepreneurs are bigger than the their
problem, poor people are smaller that their
Problems (If you have a big problem in
your life, all that means is that you are
being a small person)
Entrepreneurs think both, poor people think
either / or. (work both)

The top 3 businesses that rarely fails


Food
Electronic Store and Repair
Internet services



1. Passion
2. Knowledge of the product and service
3. Location
4. Price
5. Distance
6. Accessibility
7. Customer Service
3 types of business ownership or enterprise

1. Single Proprietorship
2. Partnership
3. Corporation
4. Cooperative
Training Course on Franchising
Franchise

A form of business organization in which a firm
already has a successful product or service
enters into a contractual relationship with other
businesses operating under the franchisors trade
name and usually under the franchisors guidance
in exchange for a fee


Some of the worlds successful franchises are

1. Mc Donald
2. Subway
3. 7-Eleven convenient Store
Parties and partners involved in the franchise

1. Franchisor
2. Franchisee
3. Legal counsel
4. Suppliers
5. Insurance
Advantages

1. Business systems are established
2. Free advertisements
3. Trade Name has better name recall
4. Store Desings

Disadvantages

1. Royalty and other fees are costly
2. Franchisee will have limited innovations
3. Strict audit and compliance standard
4. Quota sales
5. No business security
Marketing
Trademark
Should
Capture
Customer
attention
Restobar of
the Stars
ACTION PLAN: Group Dynamics

What type of business?
Why that business?
Where?
How?

1. Source of Capital, Amount
2. Conceptualize the type of business
3. Think of a business name that will attract
customers
5. Visit DTI Apply for business name
6. Mayors Permit (Sanitation permit, BFP)
7. Marketing Strategy
8. Projected income (daily, monthly)
George and his Perfectionist teacher
And in 1989