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Your First Million - Inspirational Stories


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#21 skicker

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Posted 28 October 2005 - 10:31 AM

:thumbsupsmiley:  nzchick

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Good for you NZ chick. I wish you all the best. Who knows you might become the next Jenny Craig,Jeff Bezoz, Michael Dell and all great entreprenuers. Hey.. make us Filipinos proud. Para di OT:

I have not really seen it but I think I make more than a million pesos a year which is pathetic if you're in the states, much less if you're in Japan(I 'm in the Navy for the last 17 years and currently stationed here in Japan).

Hi Eagleyes How are you doing bro.

#22 igol ays

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Posted 28 October 2005 - 10:39 PM

Hi Eagleyes How are you doing bro.

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thanks for asking, i'm fine :)
how much longer will you stay in the navy? whatever you do, prepare yourself for a second career. take advantage of all the educational opportunities. start preparing for life AFTER the navy. you will make your first million (in US$) soon enough :)

#23 ilaw70

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Posted 28 October 2005 - 11:53 PM

what 's the name of your site? I was wondering how you were able to get paid on your online business. I used to have an website but unfortunately , accepting credit cards from customers bacame my number 1 problem.

#24 Chi-Chi

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Posted 29 October 2005 - 10:08 AM

I really don't wana show the exact site klasi I have a rep*tation here in MTC :P It shows my before and after photos so I really don't wana show that :P hehe :lol: but I accept payments through internet banking most of the time.. yung iba money order :) if i want to earn more money I can, kaso I'm studying and I cant handle the volume of sales every day, unless i-fufull time ko sha. baka this summer I'll open up a site.. I'm looking for a web programmer para nga gawan ako eh :)

#25 skicker

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Posted 29 October 2005 - 12:09 PM

[quote name='eagleyes' date='Oct 28 2005, 07:39 AM']
thanks for asking, i'm fine :)
how much longer will you stay in the navy? whatever you do, prepare yourself for a second career. take advantage of all the educational opportunities. start preparing for life AFTER the navy. you will make your first million (in US$) soon enough :)

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Thank you also Eagleyes. I have a little less than 3 years left if I retire on the 20th year which will entitle me to a puny pension. Maybe I am a little late to be preparing for a second career because I have not decided yet what career I am going to get into after 17 years in the Navy. Any Advice Bro? What would be the best field to get into? I don't really need much but to make million would be great. Does it take a college education( I am still working on my Associates Degree)? I work with logistics and not much into IT. I appreciate the word of wisdom Eagleyes. I hope all is going well with you, your business and your family. Thanks you.

#26 igol ays

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Posted 29 October 2005 - 11:35 PM

Thank you also Eagleyes. I have a little less than 3 years left if I retire on the 20th year which will entitle me to a puny pension. Maybe I am a little late to be preparing for a second career because I have not decided yet what career I am going to get into after 17 years in the Navy. Any Advice Bro? What would be the best field to get into? I don't really need much but to make million would be great. Does it take a college education( I am still working on my Associates Degree)? I work with logistics and not much into IT. I appreciate the word of wisdom Eagleyes. I hope all is going well with you, your business and your family. Thanks you.

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that puny pension is enough to live on in relative comfort if you decide to retire in the philippines :)

you're in logistics? first thing to do is go to your education office. have them evaluate the training you've received from the navy. go for a resorce management degree. you'll be surprised that you don't need much more classes to get an associate degree. tuition should not be a problem should you need to go to more classes to complete it; you should also be able to get some kind of tuition assistance.

your second career will be up to you. one thing to look at is a career that deals with insurance claims processing. there are technical schools that offer certification programs. you also have the option of working for contractors that run the logistics operations on military installations; or stay in gov't in civil service. it should be easy enough to get a GS9 or GS11 position to start with. if you don't want a lot of responsibilities, the post office is always another option.

keep in mind that preparation is the key! good luck :)

Edited by eagleyes, 29 October 2005 - 11:38 PM.


#27 choy603

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Posted 30 October 2005 - 02:36 PM

skicker , maganda pa rin ba dyan sa yokosuka? i went for a visit there in japan and stayed in sanban(1st visit) and himawari heights (2nd visit)before. i visited my uncle when he was still in the navy, but his ship now is decomissioned and is a museum already here in SD. his ship btw is USS MIDWAY

#28 dandy_b

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Posted 10 November 2005 - 09:04 PM

Just wondering if first million you people are talking about here is dollars or pesos

#29 skicker

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Posted 10 November 2005 - 10:13 PM

skicker , maganda pa rin ba dyan sa yokosuka? i went for a visit there in japan and stayed in sanban(1st visit) and himawari heights (2nd visit)before. i visited my uncle when he was still in the navy, but his ship now is decomissioned and is a museum already here in SD. his ship btw is USS MIDWAY

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Bro..di ko na inabot ang USS Midway..oo nasa Museum na ba? Maganda pa rin dito sa Yokosuka, safe and clean. marami ng bagong housing. I hope to retire and start a new career. Ano ba ang maganda bro to accelerate ang goal. Thanks to Eagleyes sa advice. I envy you.

#30 Chi-Chi

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Posted 13 November 2005 - 06:37 PM

Just wondering if first million you people are talking about here is dollars or pesos

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pesos :) after all.. we're in a filipino website :)

#31 dandy_b

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Posted 14 November 2005 - 12:08 AM

pesos :) after all.. we're in a filipino website :)

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Thanks for clearing that up NZchick.

Come to think of it, my first million pesos I made would have been way back in the early 90's when I was young, got a high paying job as a systems analyst/programmer, had no responsibilities (debts), lived with my parents and saved around 3/4 of my net salary.

All the best to your business NZchick. At the rate you are going you will be one of those multi-millionaires out there.

#32 tim21

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Posted 23 November 2005 - 06:14 PM

in my line of work (costruction business), it's easy to earn millions but it is also as easy in losing one. anyway, i was entrusted with my father's business way back 2003 and i was a stubborn, know-it-all 22yr. old. at first, my father was there to guide me when talking to people and looking for projects. but before the 3rd quarter of the year begins, he started letting me go and in my first project, i earned 1.3M net and it got me excited and a little cocky that i forgot the little things that would make this business successful. so, to cut the long story short, by the end of the year i was -750k and i wasn't able to make a dent on the company's 10M++ loan and which our house was use as collateral.

anyway, fast forward to 2005, slowly i was able to adjust to the fast lifestyle of making huge amounts of money. as of now, i have a two dev't projects in cavite worth 45M which should be finished by the end of the year and am currently on target with my estimate of having a profit between 20-25%. as for the loan, my last payment would be on march 2006. plus i have other projects in rizal and qc. i have another prospect in cavite worth 65M.

#33 tonysoprano

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Posted 02 January 2006 - 03:09 PM

I've earned my fortune in many wicked ways like protection racket, gambling, underground currency exchange, entertainment and a lot more. I earned my first million pointing a gun at one of my former associates (may he rest in peace)who tried to run way with my cut. Im now trying to go completely legit and thus have ventured into quite a number of legitimate businesses. I still go for the highest possible returns in the shortest possible time types of businesses though.

#34 267bill

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Posted 02 January 2006 - 06:21 PM

Hi you池e asking about business, well I知 a middle aged white guy who lives in the U.S.A.

every few years I travel to different countries including the Philippines,
if I知 lucky enough to meet some one in a verity of ways,
introduction from a friend, for example, if I see some thing that I can recognize as a possibility.


Then I form a partnership, these work out in different ways, some have been slow steady producers, other take off like a rocket and quickly burn out.

Some I致e had to bail out of the red repeatedly, like push starting a car in the hopes that it will run long enough to get you were you want to go,

my past ventures included restaurants and office supply, lack of management and internal corruption are two of my main nemeses.

Since I知 half a world a way I have to rely on the integrity of whom I知 involved with, I知 looking for some thing completely different now.

Generally I知 willing to speak of what I have done, this was quickly written the time constraints may affect coherency.

#35 AnastacioBoyMartirez

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Posted 04 January 2006 - 03:51 AM

what 's the name of your site? I was wondering how you were able to get paid on your online business. I used to have an website but unfortunately , accepting credit cards from customers bacame my number 1 problem.

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you'll need a payment gateway and a merchant account. If you expect very big volume of transactions, you'll need a clearing house partner. This is if you are really seriouse in putting up your own E-Com website. Now if you wanna do it the way your NZ friend did it ... you may wanna try e-bay first.

Here's something for you to think about however, an e-com site can only become successfull if you've figured out your delivery model. In NZ's case, her market is newzealand, she orders her stuff from somewhere and sells it there in NZ. Now if she wants to sell someplace else apart from Newzealnd, she'll have problems... unless she figured this out already.

In your case however, who's your market? dito sa Pilipinas? If i buy something from you, how will you deliver it? These are some questions you need to think about before setting up an ecom site... so whatever your plans are it should be operationally feasible.

good luck sa efforts mo, wish u well.

#36 THUG

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Posted 06 January 2006 - 03:05 PM

1 Million pesos is not a very big amount of money.

I earned that easily with my local salary..


When Henry Sy mentioned that the only difficult part is the 1st 1 Million then he might have said that 5 years ago..

now 1 million is not a big amount of money..

#37 magnus

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Posted 06 January 2006 - 04:27 PM

just earn your first 100K. then do it 10 times!!! :cool: :cool:

1 Million pesos is not a very big amount of money.

I earned that easily with my local salary..
When Henry Sy mentioned that the only difficult part is the 1st 1 Million then he might have said that 5 years ago..

now 1 million is not a big amount of money..

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#38 warhead

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Posted 11 January 2006 - 10:24 AM

It's not impt if Mr. Sy. said it 5 yrs ago, 20 yrs or yesterday. A million bucks in pesos is still a big amount of money for most Filipinos. If you can earn it and "keep" it in a day... good. legally? better..without working for someone? best.

I created this thread not as a bragging post for how much you earn or to comment how paltry a sum a million pesos is. This was created to inspire people who despite slaving for years, and earning millions in gross salaries, ...are still showing flat or zero, or worse..negative.. in their net worth,
..this is not for those who inherited millions or business from their parents.
.. this is not for those who earn in dollars .
..

this is a thread for self-made millionaires who despite hardships and challenges in surviving in the Philippines' environment of political instability and economic woes ...have made it on their own..

thanks..

#39 tonysoprano

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Posted 11 January 2006 - 07:15 PM

It's not impt if Mr. Sy. said it 5 yrs ago, 20 yrs or yesterday. A million bucks in pesos is still a big amount of money for most Filipinos. If you can earn it and "keep" it in a day... good.  legally? better..without working for someone? best.

I created this thread not as a bragging post for how much you earn or to comment how paltry a sum a million pesos is. This was created to inspire people who despite slaving for years, and earning millions in gross salaries, ...are still showing flat or zero, or worse..negative.. in their net worth,
..this is not for those who inherited millions or business from their parents.
.. this is not for those who earn in dollars .
..

this is a thread for self-made millionaires who despite hardships and challenges in surviving in the Philippines' environment of political instability and economic woes ...have made it on their own..

thanks..

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Absolutely agree!

To those who are still on their way to the 1M mark, keep going!

#40 TOMKO

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Posted 12 January 2006 - 04:44 PM

I made my first million in 1993. have to open my own auto parts store by myself, do everthing by myself. mahirap may kasosyo, for sure may maiinggit or magrereklamo or madedehado.

kahit maliit lang basta sarili mo you can decide everything and deserve whatever is the outcome




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