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According to a recent survey conducted by OCTA Research, Filipinos are increasingly inclined toward entrepreneurship.
The findings of the survey were shared by Jose Ma, founder of Go Negosyo. “Joey” Concepcion III expressed elation that the efforts by his group over the past 17 years “continue to bear fruit.”
“A recent survey by our friend OCTA Research shows that a large percentage of Filipinos are willing to enter the business, and more than half of the respondents are aware of the advocacy that I and the Go Negosyo team have promoted. “It is very important for MSMEs (micro, small and medium enterprises) to build optimism and willingness to engage in the economy,” Concepcion said in a statement on Sunday.
OCTA surveyed 1,200 respondents covering socioeconomic classes A, B, C, D, and E aged 18 and over.
The survey found that 53% were aware of Concepcion and his work with Go Negosyo, the non-profit organization he founded in 2005. Go Negosyo is considered a partner or supporter of small businesses/businesses by his 52% of Filipino adults. 47% of Filipino adults teach how to run a business.
According to the survey, 81% said they would like to start a business if they had the knowledge.
According to Concepcion, the poll also shows that “Go Negosho and its drive for entrepreneurship has influenced Filipinos” since its inception.
“Some 26 million Filipinos still live in poverty and are unable to meet their basic food and non-food needs, representing almost a quarter of the total population. I will,” said the former presidential adviser on entrepreneurship.
“By providing access to the 3 Ms of entrepreneurship success – mentoring, markets, and money and capital – we will increase the number of Filipinos who can build successful businesses, which in turn will attract more Filipinos. I can hire you,” he said. .
Concepcion pointed out that helping the country’s SMEs grow will bring in more jobs as MSMEs account for more than 62% of job creation.
Over the years, Go Negosyo’s mentoring program has benefited tens of thousands of active and aspiring entrepreneurs. Among its projects is the hugely successful mall-based free mentoring roadshow 3M on Wheels, a structured training for active entrepreneurs, in partnership with the Department of Trade and Industry and the Department of Agriculture. I have.
Our regular Facebook Live Show “Go Negoshow” offers free mentoring on social media platforms.
While MSMEs have been struggling during the coronavirus pandemic, digital technology has allowed some small businesses to find new ways of doing business, Concepcion said.
“Even though the pandemic has passed and the global economy is currently facing headwinds, I am confident that 2023 will be a better year for entrepreneurs,” he added.
“I think our growth will continue. I think we’ll reach a tipping point, probably by the second quarter, when commodity prices will fall. will fall, and so will electricity prices.Without further escalation between Russia and Ukraine, we might have already experienced the worst.
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