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    Japanese 1: Konnichiwa

    Japanese 2: Hai, O genki des ka?

    Japanese 1: Hai, O genki des

    Japanese 2: Hai, Dozo yorishhiku onegaishimas

    Japanese 1: Hai, Arigato Gozaimas

    If you agree

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    Entrepreneurs

    hip andFranchising

    NOTACoRTRAINING GROUPNetwork of Optimal Trainers to AccelerateCommunity Reforms (NOTACoR)

    Our business is to build the capacityof Filipinos to prepare themselves to

    transform this country to be the next

    business destination of Asia.

    Your training needs is justa text a way. 09998824012

    NOTACoR Training Group

    Core Leaders TrainingZamboanga CityNovember 8-9, 2012

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    Entrepreneurship6 types of Income

    EMPLOYEE

    1. Time-based2. Labor-based3. Output based

    UPPER AND MIDDLE CLASS

    1. Sales Commission2. Consultancy based3. Interest-based

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    FinancialLiteracy andBasic PersonalFinance

    Make a life story

    Financial Intelligene and

    entrepreneurship is not taught in schools.Schools focus on scholastic andprofessional skills but not on financialskills. This explains how smart bankers,doctors and accountants who earnedexcellent grades in school may struggle

    financially all their lives.

    Robert KiyosakiFinancial Literacy Educator

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    The Businessman and the Investor

    The rich often "groom" their children or

    the children of others.

    By doing so, their children gain an overall knowledge of theoperations of the business and how the variousdepartments interrelate. In other words, they duplicate their

    entrepreneurship principles.

    In the next decade, more rich will be richer as there arepoor people become poorer.

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    The typical Filipino 1. A degree holder leave school without entrepreneurial skills

    (victims)

    2. A degree holder work harder but later find themselves

    struggling financially (E.A.)

    3. A degree holder work harder but dont get ahead

    4. A degree holder could not understand why they are

    struggling financially because they dont undestand

    cash flow 5. A summa cum laude grad can be highly educated

    professionally but financially illiterate

    GSIS, SSS, Pag-ibig, Cooperative

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    The typical Filipino employee and theFinancially literate

    Filipino A = Incomeexpense = savings (noinvestments)

    Filipino B = Income-savings-investments =expense(savings for emergency and investments toincrease increase finances. Filipino B are those who attend Financial Literacy

    Seminar)

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    Filipinos who possess Financial

    Intelligence puts their money in PASSIVE

    incomePassive income that was derived from a business that does not require our presence. I own itand it is managed by people. If I have to work there, its not a passive income but a job withan active income

    1. Stocks

    2. Bonds

    3. Mutual funds

    4. Income generating real estate

    5. Notes

    6. Royalties from intellectual property

    7. Any values that produces income

    Bank of America forecast that the Philippines, because of its phenomenal

    Economy, will be the next investment destination no wonder The PhilippineEconomy is the most research subject in Google.

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    The Businessman/Investor vs. The SBO/employee

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    In summary, financial intelligence teaches us:

    1. Live within your means2. Learn your passion that eventually can be sold3. Learn the law, market and investments4. Eliminate habits that are costly5. Everyday is a learning activity how to make profit6. Most wealthy people did not become millionaires overnight.

    They become millionaires because of their long term habitsChampions are made in the training. They are just recognized

    in the ring.:

    7. Investment learning is a lifetime process8. Do not be influenced by people with negative vibes

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    Why we want to increase

    your financial intelligence?

    Because we want you to be the kind ofperson who create your own financial

    destiny. A few people realize thatfinancial destiny is created. So you willcreate your financial destiny instead ofworking hard. Thus, your financial

    intelligence is important.

    What you do 10 yrsIf you start wrong, more often youll end up wrongNotacor is advocating Financial education to be taughtTo every Filipino

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    What Filipinos should do and why? Develop financial intelligence to have more options

    Financial Intelligence is knowing the basics of accounting,investing, the markets, and the law will allow you to receivegreater returns on your money and build up your assets much

    faster than the average person.

    In addition, you also learn how to get better returns on yourmoney.

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    Financial intelligence is a synergy ofaccounting, investing, marketing and law.

    Combine those four technical skills andmaking money with money is easier.

    When it comes to money, the only skill

    most people know is to work hard

    So what do we do now? Spend more timewith people who thirst for financialintelligence

    If you give man, a fish. Tell me whats inside the pocket of yourFriends and I will tell you whats in your pocket. Learn financial education together. By learning together, you will learn more, help and support each other to be financially free.. Horse story promotes learning as a team promotes strength

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    Once people have studied andbecome financially literate, they

    may still face roadblocks tobecoming financially

    independent.

    Robert T. Kiyosaki

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    Acitivty 1.1

    Divide into (10) ten groups and discuss as a grouphow to lower cost and increase your finances.The group will choose a presentor from the group

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    Tawi

    In the next decade, even cum laude graduates will have a hard timefinding jobs

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    Why some Filipinos do not reach the fullestpotential of financial intelligence

    1.The Filipino being negative (Ex. Crab Mentality)2. Fear of losing money3. Cynicismlack of motivation generated by fear4. Lazinesshas overtaken them5. Bad Habitspleasure is more important than financial education6. ArroganceAlam ko na yan

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    Action Plan

    1. Take a break and assess what is working and what is not working2. Learn financial intelligence through books and financial seminar3. Pick the brains who have financial education experience4. Look in the right places5. Look for someone who what to buy then look for someone who wants

    to sell6. Learn from History7. Believe and Take Action

    END

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    Japanese 1: Konnichiwa

    Japanese 2: Hai, O genki des ka?

    Japanese 1: Hai, O genki des

    Japanese 2: Hai, Dozo yorishhiku onegaishimas

    Japanese 1: Hai, Arigato Gozaimas

    If you agree

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    Entrepreneurship Course for CoreGroup Leaders

    Objective of the Training Course

    1.To inspire participants to become entrepreneurs2.To let participants know entrepreneurship is easy if the

    foundation is strong3.To show participants that anyone can achieve great wealth

    4.To show participants that there are many ways to achievetheir entrepreneurial goals

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    The top 15 richest businessmen in the Philippines are:

    1) Henry Sy - $9.1 billion (SM Prime)2) Lucio Tan - $4.5 billion (Phillip Morris Fortune Tobacco)3) Enrique Razon Jr. - $3.6 billion (International ContainerTerminal Services)4) John Gokongwei Jr. - $3.2 billion (JG Summit)5) David Consunji - $2.7 billion (DMCI)

    6) Andrew Tan - $2.3 billion (Alliance Global)7) Jaime Zobel de Ayala - $2.2 billion (Ayala Corp.)George Ty - $1.7 billion (Metropolitan Bank)9) Roberto Ongpin - $1.5 billion (Atok-Big Wedge)10) Eduardo Cojuangco Jr. - $1.4 billion (San Miguel)11) Roberto Coyiuto Jr. - $1.3 billion (National Grid)

    12) Tony Tan Caktiong - $1.25 billion (Jollibee Foods)13) Lucio and Susan Co - $1.2 billion (Puregold Price Club)14) Iigo and Mercedes Zobel - $1.15 billion (Ayala Corp.)15) Emilio Yap - $1.1 billion (Philtrust Bank)

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    Filipinos who possess Financial

    Intelligence puts their money in PASSIVE

    incomePassive income that was derived from a business that does not require our presence. I own itand it is managed by people. If I have to work there, its not a passive income but a job withan active income

    1. Stocks

    2. Bonds

    3. Mutual funds

    4. Income generating real estate

    5. Notes

    6. Royalties from intellectual property

    7. Any values that produces income

    Bank of America forecast that the Philippines, because of its phenomenal

    Economy, will be the next business destination no wonder The PhilippineEconomy is the most research subject in Google.

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    The typical Filipino employee and theFinancially literate

    Filipino A = Incomeexpense = savings (noinvestments)

    Filipino B = Income-savings-investments =expense(savings for emergency and investments toincrease increase finances. Filipino B are those who attend Financial Literacy

    Seminar)

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    If you want to become an entrepreneur, you have to

    be willing to let go of some of your old ways of thinking an

    being and adopt new ones. The results will speak forthemselves. Its not enough to be the in the right place at

    the right time. You have to be the right person in the rightplace at the right time.

    Arv Ecker

    Author and Seminar, Secrets of the Millionaire Mind

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    Learning from Japan entrepreneurship Matsushita,

    Sony, Honda, Toyota, Toyo kogyo, Suntory, Kyoto Ceramics

    (Kyocera), and Daiei

    A vision is higher than a cause

    Entrepreneurship Coursefor Core Group Leaders

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    If we want to be a dynamic entrepreneur then we have to start

    Changing our mindset of being an employee.

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    Why some Filipinos do not reach the fullestpotential of financial intelligence

    1.The Filipino being negative (Ex. Crab Mentality)2. Fear of losing money3. Cynicismlack of motivation generated by fear4. Lazinesshas overtaken them5. Bad Habitspleasure is more important than financial education6. ArroganceAlam ko na yan

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    I chose to live my life unafraid even during times when I wasafraid. I discovered that entrepreneurship opportunities dont find

    you. You find your opportunities to do business. Call it trite-butbelieve me, entrepreneurial success CAN be achieved throughhard work, frugality, integrity, responsiveness to change and mostall, the boldness to dream.

    John Gokonwei

    Chief Executive Officer

    JG Summit Holding

    Entrepreneurship and Franchising Course

    for Core Group Leaders

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    EntrepreneurshipCourse for CoreGroup Leaders

    Make a life story

    Journalist (passion)

    Business

    Notacor Chief Trainer and Faculty

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    Where do I start?

    Entrepreneurship Defined

    The capacity and willingness to undertake conception,organization, and management of a productive venture withall attendant risks, while seeking profit as a reward.In economics, entrepreneurship is regarded as a factor ofproduction together , natural resources, and capital.Entrepreneurial spirit is characterized by innovation and risk-taking, and an essential component of a nation's ability to

    succeed in an ever changing and more competitive globalmarketplace.

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    I. Change the fruits, change the roots

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    Entrepreneurs believe I create my lifepoor people believe Life happens to me.

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    Entrepreneurs focus on opportunities,working professionals focus on obstacles

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    Entrepreneurs admire other entrepreneurs,poor people resent successful people

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    Entrepreneurs are bigger than the theirproblem, poor people are smaller that their

    Problems (If you have a big problem inyour life, all that means is that you arebeing a small person)

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    Entrepreneurs think both, poor people think

    either / or. (work both)

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    The top 3 businesses that rarely fails

    FoodElectronic Store and RepairInternet services

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    1. Passion2. Knowledge of the product and service3. Location4. Price5. Distance

    6. Accessibility7. Customer Service

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    3 types of business ownership or enterprise

    1. Single Proprietorship2. Partnership3. Corporation4. Cooperative

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    Training Course on Franchising

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    Franchise

    A form of business organization in which a firm

    already has a successful product or serviceenters into a contractual relationship with otherbusinesses operating under the franchisors tradename and usually under the franchisors guidancein exchange for a fee

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    Some of the worlds successful franchises are

    1. Mc Donald2. Subway

    3. 7-Eleven convenient Store

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    Parties and partners involved in the franchise

    1. Franchisor2. Franchisee3. Legal counsel4. Suppliers5. Insurance

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    Advantages

    1. Business systems are established2. Free advertisements3. Trade Name has better name recall

    4. Store Desings

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    MarketingTrademarkShould

    CaptureCustomerattentionRestobar ofthe Stars

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    ACTION PLAN: Group Dynamics

    What type of business?Why that business?Where?How?

    1. Source of Capital, Amount2. Conceptualize the type of business3. Think of a business name that will attract

    customers5. Visit DTI Apply for business name6. Mayors Permit (Sanitation permit, BFP)

    7. Marketing Strategy8. Projected income (daily, monthly)

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    George and his Perfectionist teacher

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    And in 1989

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