“Walay empleyado na nadato” (No employee ever became rich)
This is what my father would usually tell me when I was very
young. Every time I would hitch a bike ride home, he would always say his
dreams for me and for the family. In spite of such mantra, ironically my father
is working as an employee since he was in high school. He knows that this would
be the only thing left to do in order to finish school. In spite of his hard
work and labor, he was not able to finish even high school. Armed with a dream
and a budding family, he toiled and became an employee. He jumped from one job
to the next hoping to grab that much coveted business in order to become rich.
“Aha!”
Then that moment came. He knows what business to put up and
this is based on his experience, expertise and desire. He has been jumping from
one printing press to the next working on printing papers, receipts and more.
He is expert in any printing press related tasks. With such, he knows that this
is the business he would want to pursue. So he started saving up his salary in
order to buy second hand and old printing press machines and equipments. He
knows a printing press shop in Iligan who is planning to sell his machines. And
my father knows this is an opportunity he could not miss.
However, in spite of working 16 hours a day just to save up, the money isn’t enough. He needs to put up 100,000 way back in 1992. So he started asking for loans from friends and previous employers.
However, in spite of working 16 hours a day just to save up, the money isn’t enough. He needs to put up 100,000 way back in 1992. So he started asking for loans from friends and previous employers.
When he had the cash, the whole family started a road trip
to Iligan. I can still remember how we hop into a jeepney my father hired for
the day. The trip was long and it was my first time going there. But I can see
how excited my father is. Finally he would be having the business he always
dreams of. He was seated at the front seat of the jeepney talking and laughing the
whole time. I can see how hopeful he is.
Right after having the printing press machines, my father
left his previous post. He will be creating his own business starting today. He
will no longer be an employee. This could be his ticket to richness. With
little money left from the 100,000, he rented a space in my uncle’s house. All
that was left is his former connections in order to get the printing press
business rolling. He goes out every single day trying to find a client. I know
it was never an easy task. I always look forward to the day that the space
would be noisy because it would indicate that my father got something to print.
Or perhaps he captured a client. However, I can only count the days that he
would be inside that tiny space turning those machines to life. My father had
failed in his business. And with that, I know we will never be rich.
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P.S. My very first e-book is finally here. You can buy it using the Buy Now button at the right or via bank deposit. Only Php 150.00. Purchase your copy now.
P.P.S To those doing the 52 Week Money Challenge, it is Week 33 already! Did you deposit the next amount yet?
P.P.P.S Want to know more about investing, savings, stock market and more, check out my reference here. You can download free ebooks and resources too.
P.P.P.P.S I am also sharing my stock market secrets and information via these resources.