Failure is not an option for Bobit Ebarle.
He took up business in college and joined the corporate world for a couple of years before he decided to finally do what he really wanted to do. He became a full-fledged entrepreneur.
Armed with an P11M funding, Bobit ventured into a coconut sugar exporting business. His first major business foray failed in the next couple years. The business may have failed and the money was lost, but the lesson stayed with him. Bobit attributes this failure to inexperience. In his own words, he says that they were blinded by the money and took on so many risks.
As with all successful entrepreneurs, Bobit studied every part of this failure and made sure to take all the necessary research to avoid the causes of his failure last time. The result? He and his business partner put up PinoyInvestor, a profitable venture from the day that they launched. PinoyInvestor helps Filipinos to make smarter stock investment decisions by partnering with brokerage firms in the Philippines.
Bobit and my friend, J3 Patino, then started Business Startup Blueprint to help anyone who is interested in putting up business with more chances of success. In this episode, Bobit tells us his journey as an entrepreneur and shares with us valuable advice on how to approach building a business in a low risk, high reward way. Also, I gave away P5000 worth of freebies for those who signed up with my affiliate link during the Facebook Live session. The enrollment for Business Startup Blueprint online classes and coaching session has ended for this period but watch out for future offerings!
Have you always thought about going into business but the fear of failure has stopped you? Listen to this podcast and see what Bobit has to say.
- Bobit’s background and how his interest in business started at a young age
- His corporate world experience
- The biggest business failure
- How to start preparing for your business while you are working in the corporate world
- Different types of risks and possible ways to mitigate
- Venturing from a traditional to an online business
- How his network helped him to be successful
- Inspiring story from a BSB student
- Q&A with viewers
Business Startup Blueprint’s 5-step Framework
- Winning before you even start.
- Generating the best business ideas
- Knowing your customer
- Formulating your money-making product
- Launching your dream business
On why money is not the sole reason of business failure: “it’s not about capital and not about the money. It’s more so how you can avoid risks in business so you can start one with higher chances of success.”
Why the customer should always be the center of your business: “Customer-centric thinking is what you really need because it will form the foundation of your product and eventually, your business.”
On why should Filipinos consider putting up a business: “Business is the key to achieving financial freedom, time freedom, and personal freedom.”
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