Among the better movies of Will Smith, in my opinion, is "In the Pursuit of Happyness." As you may know by now, "happyness" is intentionally mispelled (although I still don't know the reason why; perhaps someone would care to explain). Anyway, the movie is based on the true story of Chris Gardner, who, after failing bigtime in his business/investment, eventually made it big -- but only after much perserverance (stated in another way, after much suffering).

 

Someone stumbled on the Pinoy Entrepreneurs (pinoy-business.com) community through a search engine, using this search parameter: "categories of entrepreneurship according to asset size." While there are entries on this topic at the Glossary section, the search result pointed to a different topic here. So, in order not to frustrate others who may do the similar search in the future, let's discuss the classes or categories of enterprises based on assets.

 

There should be no problem when you wake up each day, all fired up, and the reason is because you’re going to work. The problem starts creeping in when you begin to question if there’s more to life that what you’re currently doing. It could be a result of burn-out or some realization that you can’t quite explain. Whatever the reason is, you seem not to want where you are now (and, no, I’m not talking about marriage, but work and career).

 

Of course, you can't be imprisoned simply because of debts. The title is merely meant to get your attention and to highlight the fact that certain collection agencies threaten to file criminal cases against debtors who fail to pay. The prohibition against imprisonment for a debt is a basic right enshrined in no less than the Constitution: "No person shall be imprisoned for debt or non-payment of a poll tax." In other words, no one could be compelled to pay a debt under pain of criminal sanctions (estafa is a different matter). No one could also substitute the payment of debt through imprisonment or other criminal penalties.

 

You may have noticed the "Reyes Barbecue" restaurants sprouting in various locations in Metro Manila (refer to the previous articles on the Reyes Barbecue Story and the Reyes Barbecue food franchise). Mr. Francisco “Frank” Reyes graciously replied to our request for him to list down some pointers on entrepreneurship, based on his personal experience. These entrepreneurial lessons would hopefully help aspiring Pinoy Entrepreneurs.

 

To give more exposure to articles submitted by members through the Group Blog, maybe we should start a periodic round-up of these articles and post the summary at the Front Page. The Group Blog allows members of the Pinoy Entrepreneurs community to post an announcement regarding their respective businesses, products or services, or simply write an article that may be of help to other Pinoy Entrepreneurs (Wondering how to submit content at the Group Blog? Click here). Unless the Group Blog article is promoted to the front page, it isn't automatically sent to the subscribers of the Pinoy Entrepeneurs blog (see right sidebar of this blog). This is why it may be better to prepare a periodic summary. So, let's see how it works.

 

The  Reyes family of restaurant fame is a one huge clan  – but there is only one Reyes who founded, owns and operates the Reyes Barbecue brand name upon which a chain of restaurants has sprung. This person is Mr. Francisco “Frank” Reyes.