Episode Transcript
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0:00
One size fits all seems like
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CN denning Depart Newton, Brand
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Parks Hi
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there, this is Ching Kaitan, your Pang Bansang wealth
0:59
coach. Thank you very much for tuning in in
1:01
this podcast. So, I'm excited to be here. I'm
1:05
going to talk to you about the next thing we're going to
1:07
do at Pang Bansang Wealth. I'm going
1:09
to talk to you about the next thing we're
1:11
going to do at Pang Bansang Wealth. Pang Bansang
1:13
Wealth is a business idea. So,
1:16
I'm going to talk to you about this. So,
1:21
Pang Bansang Wealth is a business
1:24
idea. It all starts with
1:26
the business idea. I hope that you
1:28
will not be discouraged. It's not
1:30
a capital, it's a negotiation. It's
1:34
a capital that's not a capital. It's
1:36
a business idea. But,
1:39
I'm going to talk to you about the next
1:41
thing we're going to do at Pang Bansang Wealth.
1:43
So, Pang Bansang Wealth is a business idea. It's
1:46
an important thing for us. So,
1:48
Pang Bansang Wealth is a business idea.
1:51
It's a business idea. When you say
1:53
a business idea, it's a
1:55
business idea that we're going to talk
1:57
to you about. So
2:00
in other words, the first question
2:02
is how much is the puppy
2:04
in the window? So
2:18
that's where it all starts. And
2:20
then I
2:30
don't really encourage for you to borrow
2:32
money. I
3:00
don't really encourage for you to borrow money. And
3:02
then I don't really encourage for you to borrow
3:04
money. Have you ever tried doing something in the
3:07
bag or shampoo instead of earning money? You
3:09
lose money. So imagine you have
3:11
to pay for your money. You
3:13
have to pay for your post. You have to
3:15
pay for your principal's interest. It's
3:18
a painful reminder of the mistake you have done.
3:21
Unlike, unlike, unlike, unlike, you have to
3:23
pay for your phone. You have to pay for
3:25
your phone. You have to pay for your phone.
3:29
So number one, number two. Okay.
3:34
Number two. And
3:59
learning only. I don't advise
4:01
you doing that. I don't advise. 3,000 pesos, that was 1990.
4:06
3,000 was a lot of money during the time for him. He
4:11
didn't want to be a full piece. So
4:13
he didn't want to be a big time. He wanted to
4:16
buy 3,000 in the profit. And
4:20
truly enough, truly enough, in
4:23
less than a big time the big products were 3,000.
4:28
That's the second thing that you can do.
4:30
Sell something. And then third, if you want
4:32
to make a meeting, you can
4:34
make a credit card. Again,
4:37
I don't encourage you to do that. If
4:39
ever you want to take the risk, to
4:41
start something, make a credit card. Make sure that
4:43
you have an amount of money that you can
4:46
afford to lose. How
4:49
will you know that you can afford to lose it?
4:51
Just in case you made a mistake, you can recover
4:53
from it. If you don't
4:55
have 5K or 10K, you can make a
4:57
credit card for it. If you don't
4:59
have 5K or 10K, I do
5:01
believe that you can recover from it. So
5:06
that's the first thing. In other
5:08
words, you can either buy a boot
5:10
or a bank, or you can make
5:12
an amount that you can afford to
5:14
lose. And the next thing that I want to
5:16
do is I
5:19
want to make an angel
5:21
investor or venture capital. I want
5:23
to make a big difference. But
5:25
I want to make an idea.
5:27
I want to make an idea. I
5:30
want to make a new company. I
5:33
want to make a new company. I
5:36
want to make a group or a group,
5:38
or a potential investor. I want to make
5:40
a new concept. That's
5:42
the second thing that you can do. Actually,
5:45
I can
5:47
still recall. That's what
5:49
I did in the year 2001. When
5:53
I had a business concept, I offered
5:55
this business concept, because it's a
5:57
business plan, it's a potential
5:59
earning. We just need 1 million pesos
6:01
to get this started. But I want to
6:03
say that in less than a year, we
6:08
have sold 1 million in one year. Plus,
6:14
you own 10% of the company. We
6:17
own 90% because we have a group of people. So,
6:20
I want to say that we have an angel
6:22
investor. And to cut the long story short, in
6:24
3 months time, 1
6:27
million is less than 1 million. Plus, he owns
6:29
10% of the company. So,
6:32
that's it. That's
6:34
it. I want to
6:36
say that in FYI, just to
6:38
give you a perspective, an angel
6:40
investor is part of the owner.
6:43
In India, there is a lot of investment.
6:46
In India, there is a lot of
6:48
investment. But I
6:50
want to say that, because a potential investor
6:52
is not a chance, it is a chance
6:54
to get a chance. Just in case, it
6:57
is a chance to get a chance. Because
7:00
if you are next to a company, next
7:03
to a company, it is
7:05
a peer-to-peer lending company. For
7:07
example, peer-to-peer lending. It
7:09
is a lending company
7:11
or institution. But again,
7:13
ladies and gentlemen, I don't encourage
7:16
you to do it. Indico
7:18
is an encouragement. If
7:21
you are not a peer-to-peer lending company,
7:26
you can do it. You
7:29
can do it. I
7:32
want to say that the program is a grant
7:34
from the LGU, Local
7:37
Government Unit. It
7:39
is a local program. For
7:43
example, it is a local program. It
7:45
is a livelihood program. of
8:00
trade and industry. We are also
8:02
a D.O.S team, and we are
8:04
working on a seminar. We are a small business
8:06
corporation, and we are working on a
8:09
very long financial and technical
8:12
negotiation. As
8:14
a matter of fact, we
8:16
are working on a 50,000 to 500,000 loan
8:22
deserving of the cost of
8:25
the negotiation. It's
8:27
important to make sure that we
8:29
are working on a very long
8:32
financial and technical negotiation.
8:36
We are working on a network.
8:40
We are working on a network
8:42
of organizations, open markets,
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and other things that are beneficial.
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get short term health insurance for a
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month. Let's get
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started. We are working on a
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50,000 loan deserving
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of the cost of the
9:18
negotiation. We are working
9:20
on a Here's a cool fact. A
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crocodile can't stick out its tongue. of the cost of
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Thank you. We
10:30
have to be able to get the money to the country, which
10:33
is the reason why we have
10:35
to pay for the money. We
10:38
have to be able to get
10:40
local government units and national government
10:42
to pay for the money. We
10:45
have to be able to get the money from the
10:47
capital. The
10:50
capital is an issue, a discount.
10:53
It's never about the lack of
10:55
resources. It's all about the lack
10:57
of resources. We have to be
10:59
able to get the money from the capital. We
11:02
have to be able to get the money from the
11:04
people. It's not about the lack of resources. It's
11:07
about the lack of resources. If it's
11:09
a good thing, it's about the lack of
11:11
resources. And good news. What
11:14
if I can show you in 30 days what
11:18
we have to pay for, what we have to do
11:20
to launch, what we have to pay for the money, and what
11:22
we have to pay for the money. That's it. You
11:25
can also use our instagram channel,
11:27
Sacheen Kitan. Send me a
11:29
direct message. It's a very handy way to do
11:32
it. It's a very handy way to do it.
11:34
You can use our own program, a system, that
11:36
will help you to launch your business in 30
11:38
days. Just type the word
11:41
ASENSO, or the name of the word
11:43
ASENSO, and you can use the link
11:45
to the link. If
11:47
you want to do it, you
11:49
can use the link in the description. So
11:52
in the podcast episode, To every
11:54
problem, there's always a solution.. If You're not
11:57
part of the solution, you're part of the
11:59
problem. Hi
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guys Thank you. For listening to
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this episode of the Chainsaw that
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