Exploring "Brick and Mortar" Businesses

yuga,
if you dont mind me askin, what kind of online business you’re into aside from blogging? is this a business anyway?:)

There are so much opportunities still in online business particularly in the Philippines. I bet you can find one through your network.

@ kzap I like your question/caution the most … _all_ good ideas take time … and in the end that’s what the average entrepreneur winds up running out of. You might get more capital at the bank, you can’t buy more time anywhere.

I fully understand the need for diversity, but I don’t understand the need for the feel of bricks. Most of the franchise programs that involve food are very ‘hard’ on the franchisee … a good example is going to play out in Manila between expensive outsider Krispy Kreme doughnuts and established “home grown” GoNuts. Is there really a lot of attraction fighting over the last fraction of a gram of flour (and fraction of centavo of profit) in yesterday’s production records when guys like Markus Frind makes nearly 20 million pesos per month working from his apartment?

A person must follow their dream, but having worked both on line and brick and mortar there is no comparison … you won’t see an office door with my name on it ;-)

@ Connie: I like your washy-wash cafe idea except for one thing … with the possible exception of doctors, lawyers are the most impatient. “on the clock” folks there are. They want the Beemer washed well, and they want it washed _now_ … they won’t take time to sit in the cafe and spend money. You’d only attract tired old Kanos in 8 year-old L-300 vans who can nurse a cup of coffee longer than the duration of the average annulment trial ;-)

hehehe. sayang yung laundry business, ano yugs? kung nagkataon, yuga’s laundry shop na sana yun. :p

Business model, business model, business model.

If there’s something I’ve learned from the dot-com bubble era, and my own brick and mortar business, it’s examine your business model first.

Good Luck Abe.