Coco Martin, a BDO Network Bank brand ambassador and Batang Quiapo star believes that devoting your full commitment and focus to establishing a business is crucial.
"Don't enter a business if you're not knowledgeable about it and if your passion isn't there. When you start a business, you should know it inside out. It's difficult to enter a business just because a friend or relative encouraged you, saying 'You'll earn well here.' If you're not giving 100 percent focus to a business, it definitely won't be successful," Coco said.
He also mentioned that having a dependable bank partner is a big assist in growing the firm. To him, it is preferable to take out a bank loan rather than spend one's savings.
"Filipinos are quite conservative. It's better not to directly take out your money. The bank helps you with how to further expand your business," Coco explained. "Many businesses have closed down and failed. We're lucky when there's a company extending a helping hand. So seize the opportunity. Starting from zero is tough. It's better to start, knowing you have a strong supporter to continue pursuing your business dreams or life goals."
|Coco recently attended the BDO and BDO Network Bank Thanksgiving Day celebration in Puerto Princesa, Palawan to express gratitude for Palaweños' continuing support and usage of the bank's products and services.
Coco tells everyone to seize the opportunity when someone extends a helpful hand to help the business flourish.
Small businesses, like Coco, require assistance to meet their operating requirements.
For example, BDO Network Bank offers a Negosyante Loan, which allows a small business owner to request a loan ranging from P30,000 to P500,000.