Got this article from my friend in Philippines. This is actually Bo’s insight about Entrepreneur thinking. I must admit that this is a lengthy read but I assure you this is a worthy read.

Here it goes:

From now on, you have to think like an Entrepreneur.
I can hear you saying, “But Bo, I’m an Employee!”

And you’re right. You may be an Employee in a bank or a call center or
the corner bakery down the street. But your entire world is changing.
Even if you’re working for someone else, you still have to think like an
Entrepreneur.

Think this way. If your name is Rudolph Reyes, then you’re the Chairman
of the Board of Rudolph Reyes Personal Services Inc.
Why the shift?

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I received bunch of emails entitled “CNN.com Daily Top 10” from Daily Top 10, Top 10 as shown below.  Don’t click the link if you received the CNN.com Daily Top 10.  Because behind these links awaits the web page that will asked / insist you to install malware via flash video codec update which is actually a trojan.

Please read full article about this phishing email >> cnn.com daily top 10.

Question:

I am one of the many readers of your books. I don’t regret of having bought your book since it gives me insight on how I can save for my future.

I am an ordinary employee working in a sugar factory in Negros Occidental. I wanted to start my saving in mutual fund but as I inquired from my bank, which is one of the biggest banks in the Philippines, they told me its a risky investment and its only good for big businessmen with big capital.

These had bothered me, as in your book an ordinary person can invest in a mutual fund for as low as P5000. This prompted me to ask help from you, what investment instrument requires a small starting capital?

Francisco Colayco:

Unfortunately, your Bank contact person does not even know that one of the companies affiliated with their bank has mutual funds and accept a minimum of P5,000 as an initial investment. Certainly, P5,000 can be a big amount for the ordinary income earner but definitely this is a small amount for the big businessman with big capital. Why should a mutual fund allow a minimum of P5,000 if mutual funds are only for big businessman?

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