PHRONTISTERY: THE STARTUP ECOSYSTEM IN THE PHILIPPINES

"No matter who you are, if you want to change the world, YOU CAN, but we need to work and fight together. Trust me we will succeed together."
- Pang, The Gifted

As we move forward for the next step, we happened to have lecture series for the month of November regarding about the startups on business. Lecture Series No.1 was about: The Startup Ecosystem in the Philippines and Why Do You Need to Start Now. The guest speaker was Mr. Constantino Cj Brasileño, Jr., a graduate of BSBA major in Entrepreneurial Marketing at Mindanao State University-IIT, Cum Laude. He is a Startup evangelist with a background in Business Development and Entrepreneurship, he has multiple experience in academe and community engagement and actively takes part at the Philippine Start Up Ecosystem as a community builder. He was also a Startup founder for a Startup called KNAPP, an online delivery platform catered towards multi-cooks, carenderias and habal habal driver. Aim to building their brands and as well as bring locally source food to tables. He believes creating value within products and a constant practitioner of the design thinking method in creating innovation for people and organizations. Aside from being a currently student taking DBA or Doctor in Business Administration in MSU-IIT, he also works as a lead for incubation of iDEYA that TBI (Technology Business Incubator) of the university.

According to our guest lecturer, Mr. Cj Brasileño that Startup is an early stage business and has a high level of uncertainty behind it. If you think startup, it should be something that is very new and someone that a person has not hear it before and then they try to create a business out of it. In business, any product or service that immediately solves a known problem through new ways. He also mentions about the composition of startups holders, just like any kind of business as long as startups business, it consists of 2-3 persons whom are called founders. He tackled about the perfect examples of startups, when does startup stop becoming a startup, startup ecosystem all about. There is also a chart and graph in the screen where he presented that Philippines is among of the least investment and low GDP country, you can tell the discrepancy in there. But hey, even though we are one of the slowest internet service providers, we are actually the capital of social media use in the world. Mr. Cj also showed the 5 sectors (criteria) on having a good idea to generate startup going forward. For the last topic, Mr. Cj gave us some tips on how to be part of the startup ecosystem, actually I really feel energize with the thought of being one of them.

It such an honor for being one of the viewers in this lecture video. I have learned that startups is really a good start in business, no matter how many times you fail but the possibility of success is always after the failure. I agree with the slideshow presentation regarding about the perfect time to venture Startups, and yes now is the time to go for it. You have to take risk in order to fill the emptiness of achieving a greater impact in society's economy. I also believe that being a student and teenager itself, it is the best time to participate on this kind of event in order to obtain the early failure and self-satisfaction.

In view of the current topic, I would like to apply it to my team's business proposal which is the Phrontistery, that startup is also a right step to take in pursuing this business. Taking risk doesn't mean failure is ahead of us but instead make this an inspiration to at least be driven on achieving a greater purpose. Life is a choice that needs to be timely perceive. I make a choice and that is to start the startups!

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