Showing posts with label Innovation. Show all posts
Showing posts with label Innovation. Show all posts

MY 14-YEAR OLD SON IS NOW AN ENTREPRENEUR





When Trey was a lot younger, people would ask him "what do you wanna do when you grow up?" With his cute lisp he'd reply, "I yike my dad's work. I yike to be a businessman." That brought joy to me.

Even when Trey was growing up, it was natural for us to talk about business concepts whenever we're together.

Whether it's the food in a restaurant, the feature of a gadget, or the design/flow of a website – Trey and I would always discuss ways on how we can improve a certain product or service. We'd even come up with better ways it can be presented or sold. 

This was an exercise we'd always do for fun. But I didn't realize he was really taking it seriously. (Even I didn't expect that he'd become an entrepreneur this early.)




FUNDING HIS FIRST VENTURE
Every time that Trey would get his allowance or receive gifts from us or from his grand parents, he'd put away some money in the bank. The amount can be as little as P200 and to as much as P1,000. 

He didn't have a plan where to spend his money. At times, I would even suggest, "why don't you buy a PS3 or an XBox with the money that you've saved?" 

Trey would always say "No, it's ok. I'll just wait." 

A few months ago, he came up with a business idea – to print his own statement shirts. Coming from the Twitter generation, he would name his brand #HASHTAG. 

Trey would regularly bounce off his ideas to his very supportive mom and me. It became a trending topic during dinner. 

Until one day, he finally decided to do it.

He told me that he'll use his own money (his savings of P21,000) to fund his business. And at that moment, I knew he was serious.

So he went on to source the raw materials and visited a manufacturer that can bring his designs to life. 

His first factory visit

















"Design meeting" with supplier/manufacturer

After a week, Trey received the samples and wore the first Hashtag Shirt. That got him really excited about his new business. 

HASHTAG Clothing Co. Founder Trey Remulla with his First Shirt



As of this writing or update, he has about 7 shirt designs and has sold over 500 shirts in 4 months time. He has more than tripled his capital. He makes more than what a minimum wage worker earns. 

100% Cotton. Eco-Friendly. Lead free. Phthalate free. Eco-friendly paints. Machine washable. EXPORT QUALITY.














Logo at the Back

*Latest Design*  100% Cotton. Lead free. Phthalate free. Eco-friendly paints. Machine washable. EXPORT QUALITY.


#HASHTAG Clothing Co. is now officially online. You can check it out HERE. 

#HASHTAG Clothing Co. website 

Facebook Page: #Hashtag Clothing Co.

Ever since Trey started his business, he's been asking me a lot of questions. I can see him learning and enjoying it. I'm really proud of him.

Please visit his Online Store, like his Facebook Page or buy a shirt! 

I hope this will also encourage you that you're never too young (or never too old) to "Start Something."
~

Join me this Friday, May 31, 2013, for the START SOMETHING Book Launch in Powerbooks Greenbelt 4, Makati. 5:30pm–8:00pm. I'll be sharing a few tips on how you can start the work that you've been thinking about. 

If you're free to come, simply fill out this FORMMany thanks!
















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WHY FAILING CAN BE A GOOD REMINDER






After one success after another, failing the next one can be a good reminder.


1. You're not Superman. 
You're probably multi-talented. But hey, we all have our limits. The sooner you find out where your boundary lines lie, the earlier you can focus on the work where you can excel or contribute well.


2. There's still so much to learn. 
The problem with success is that it tricks you into thinking that you already know everything. "Been there, done that. Now, I can also do that" is an expressway to failure. Guard your heart, remain humble.


3. Success or Failure isn't final. 
A failed attempt is just what it is, a failed attempt. You can leave it behind as long as you don't quit. Don't get stuck, move on or try again.

Now, when you succeed again...remember #1 and #2.


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Get P50 off when you buy a PRODUCTIVE PINOY book online. Free delivery nationwide via LBC. To order, simply click HERE.


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IMPROVEMENT OR INNOVATION


As a consultant, I've observed how the word "innovation" is used in organizations. It's an aspiration that you'll always see in the mission and vision statements found in the lobby of their buildings.

Many would like to innovate, yet only a few really do so. 

Incremental improvements are good. It's needed, but it isn't innovation. An improvement is a notch better, while innovation is a leap – redefining how things can be done.

The first step to innovation is the willingness to try something else other than what's already working.

Abandon complacency.

Either push the boundaries or work without it.


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Get P50 off when you buy a PRODUCTIVE PINOY book online. Free delivery nationwide via LBC. To order, simply click HERE.


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