Tag Archives: how to start a business

SERDEF: Help for startups and small enterprises (SMEs)

Do you often find yourself mulling over a business idea, but not knowing how to get started? Are you employed, but now want to spend more time with your family while still being productive? Are you one of those who believe that entrepreneurship is the way to a “better life”?

Before my husband became a businessman, he worked several years as an employee. Like most entrepreneurs-at-heart, however, he started feeling discontented and wanted to be his “own boss.”

And so he ventured out on his own.

He had several business ventures; most were initially successful. But somehow, something always turned bad and the businesses became unsustainable. In short, lugi. In fact, it was lugi x 4. Four businesses – all flops.

But he never gave up. He firmly believed that when you are down – deep, deep, deep, deep, deeeeeeep down (no, I’m not exaggerating, we got that low) – there is no other way but up.

With this mantra, he persisted and kept looking for business opportunities.

Our business today has to do with the construction industry. It is doing fairly good now, though it wasn’t like this when we started 4 years ago. The first 4 years were bumpy and full of challenges – not encouraging at all. But my hub, he just kept on.

Aside from his indomitable spirit, hub would not have made it this far if not for help from financial institutions, business partners and friends who supported him.

And that is what I am writing about today: help for startups and small enterprises.

SERDEF help for startups and small enterprises

SERDEF: Small Enterprises Research and Development Foundation

Businessmen who are just beginning need all the help they can get. Likewise, SMEs (small/medium enterprises) constantly need assistance in financing, training manpower, improving technologies – essentially, at getting better in what they do.

That is why there is SERDEF. Continue reading SERDEF: Help for startups and small enterprises (SMEs)