This blue boy sells green

Ricardo Lim III’s Matcha Green Tea

by Ryan Edward Chua  

QUEZON CITY, Philippines—When he was a freshman, Ricardo Lim III asked his father to buy him a car. The response, as usual, was a no.

“Instead of giving you a car, I will give you this money, these equipment,” Ricardo recalls his father saying. “Start your own business.”

Taking the plunge, shaping the future

Kirk Damasco and his food and t-shirt businesses

by Ryan Edward Chua 

QUEZON CITY, Philippines—He entered college not knowing what course to take. He took up Management at the Ateneo de Manila University, but still did not know what to do. To Kirk Damasco—and perhaps to many people his age—the future used to look vague and shapeless.

Not until he took the plunge and started his own business.

Shattering the 7 myths of student entrepreneurship

Why starting a business now may be the best way to achieve your dreams

By Michael Simmons, New York University

According to a 1997 Gallup study, 7 out of 10 high school students say they want to start their own business. And why not? Starting and running your own business while still in school is a great opportunity to grow, learn, network, and accumulate wealth. However, only a tiny proportion of students actually start a business.

Because of a lack of direct experience with entrepreneurship, students develop unfounded beliefs about it that can stop them from starting a company. In this article, I will address the “The 7 Myths of Student Entrepreneurship”:

Be your own boss

RP needs more entrepreneurs, and it pays to start young

by Ryan Edward Chua 

QUEZON CITY, Philippines—When the Chinese meet a few years after graduating from college, they would often ask each other, “What business are you into?” Filipinos, on the other hand, would ask, “Where do you work?” if not “Do you have work?”

More than being a racial issue, this classic anecdote points to something many Filipinos are said to lack: an entrepreneurial spirit. In a country where the economy is unstable and many are unemployed, this may be unfortunate.