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Author Topic: Feature time-tested businesses, not just fads  (Read 1610 times)

bianca.detovilla

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Feature time-tested businesses, not just fads
« on: March 26, 2009, 03:30:20 am »
Hi! Just thought It would be ok to repost this previous (old) topic:

Entrepreneur Magazine has surely become an inspirational guidebook for the non business-oriented (but aspiring to be) Filipinos.
A number of businesses do no really make it after 3 or 5 years. I noticed the hype over "fad businesses," business started by a celebrity (thus seemingly worthy of featuring in the magazine).In fact wouldn't it be really interesting to go back to some of the businesses and entrepreneurs previously featured in the mag. (specially those with start-up ideas and less-than-2-years concept) and see if the business concept really succeeded or not? I know for example of a coffee shop and a sausage stand concept featured in the mag about 3 years ago, that are now "lost dreams," having folded-up not even reaching 2-3years. Did they deserve the feature?
I think a business concept really worth featuring (and franchising) is one that has passed the critical 3-5 years. This is what is taught in franchising courses.
Thanks and more power to the Entrepreneur!
« Last Edit: April 11, 2009, 03:01:29 am by bianca.detovilla »

thelittlecoolshop

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Re: Feature time-tested businesses, not just fads
« Reply #1 on: April 10, 2009, 11:10:04 am »
Oh I so agree with this!  I am also a bit hmmm uncomfortable when there's a lot of  buzz on new businesses. For one, at least feature businesses that are at least two years running to really say that they have had some kind of success. I am all for supporting new businesses too, but sometimes the hype placed on new businesses or how they are  "successful" is a bit undeserved especially those whose businesses are only a few months or a year old.

kerwinco

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Re: Feature time-tested businesses, not just fads
« Reply #2 on: July 14, 2009, 01:50:48 am »
Why not do a feature on New Filipino owned companies (5yrs and up in the market) battling out with the Giant Multinational Companies specially if the owner is in the late 20s.

bianca.detovilla

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Re: Feature time-tested businesses, not just fads
« Reply #3 on: April 09, 2012, 01:00:35 am »
:)

susana012

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Re: Feature time-tested businesses, not just fads
« Reply #4 on: April 23, 2012, 10:15:57 am »
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free

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Re: Feature time-tested businesses, not just fads
« Reply #6 on: June 28, 2012, 03:11:21 pm »
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weweng20

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Re: Feature time-tested businesses, not just fads
« Reply #7 on: June 28, 2012, 04:50:01 pm »
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