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There are over 10 million people from 160 countries who are celebrating entrepreneurship this week.

Dubbed GEW, the Global Entrepreneurship Week is known as the world’s largest celebration of innovators and job creators, which aims to raise global awareness about the benefits of starting up a business.

Organized in 2007 and led by Jonathan Ortmans, president of Global Entrepreneurship Network, GEW has grown from a simple entrepreneurial awareness campaign to a platform for international business collaboration.

Every year, GEW releases an annual index called the Global Entrepreneurship Index (GEI) that measures the health of the entrepreneurship ecosystem in each member country.

The index, which looks into the entrepreneurial attitude, resources and infrastructure of the country, ranks the performance of each ecosystem.

According to this year’s GEI ranking, the Philippines has climbed to the 76th spot, up from 91st last year.

This rise in ranking, unfortunately, was not due to improving local ecosystem, but a result of comparative decline in the index of other countries and expansion of the number of countries covered from 132 to 137 this year.

The overall GEI index of the Philippines actually has slipped to 24 percent from 27 percent last year.

This decline was due to the weaker institutional attitude toward entrepreneurship, whose indicators fell from 54.6 percent last year to 47 percent.

Among the institutional variables that performed below average this year are freedom and property rights, which pertain to government’s regulatory efficiency in influencing startups and operating businesses; business agglomeration, which pertains to the urbanization and developing of poor rural areas to increase commercial opportunities; and corruption.

Hopefully, the economic agenda of the new administration under President Duterte should be able to address these issues.

For one, the government’s plan to allocate a higher budget for infrastructure to improve poor transportation system should not only help lower business costs but also develop domestic markets in the rural areas over the long-term.

While the institutional variables have underperformed this year, the individual indicators that pertain to entrepreneurial attitude, abilities and aspirations of Filipino entrepreneurs have improved this year to 59 percent from 56 percent last year.

The GEI report noted that large improvements were seen in the percentage of local entrepreneurs that are opportunity-motivated versus necessity-motivated.

This means that there are more entrepreneurs that are going into business because they are motivated by the opportunity to innovate and help improve lives, rather than by lack of employment opportunities and desperation to move out of poverty.

It is estimated that at least $241 billion could be added to the economy if the current conditions of entrepreneurship in the country can improve by 10 percent.

This should be achievable given a focused government effort to improve institutional environment as well as providing opportunities for young people to develop their startup skills.

This year, the Young Entrepreneur Society (YES), being official host of GEW for Philippines, is partnering with Miriam College, whose Department of Entrepreneurship has been designated by the Commission of Higher Education as Center of Excellence for Entrepreneurship.

YES is celebrating GEW with a series of activities this week such as startup exhibits from different universities, training bootcamps, business ideas parade and the annual Failing Forward conference.

Learn something new this week about business. Make a better world for everyone by becoming an entrepreneur. Happy Global Entrepreneurship Week! – by Mr. Henry Ong

Many people would like “change”—a change especially in our society today, but very few are willing to create those changes. Today, our entrepreneurs are breaking barriers to make a big leap to make that change happens. This week we are celebrating the Global Entrepreneurship Week, the world’s largest celebration of innovators and job creators. They launched start-ups that brought ideas to life, drove economic growth and expanded human welfare.

Crisis as an opportunity: The founder of Mang Inasal, Edgar “Injap” Sia II, considered fear as a mere four letter word that can immobilize and throw you off your game. For him, it’s all about research and acting upon the data. He saw the opportunity to build community malls in the provinces under Double Dragon. He created a business and offered it to the undeserved market is a sign that this crisis will give him ways to serve more people in different regions around the country.

Hate Status quo:  Reid Hoffman, the founder of LinkedIn, said in Global Entrepreneurship Summit this year, “We should value entrepreneurs in all their different incarnations. They’re the ones refuse to accept that the way things are today is the ways thing should always be.” From Henry Ford’s visions to provide “car for  every working class American”, Walt Disney’s “Real Estate Empire to Disneyland”, Elon Musk Space Travel bringing people to Mars by 2022 as fully operational, we can say we are in a world of possibilities. As entrepreneurs, you know that there will always be the best, fastest and easiest way to make things happen as of the moment and not settling for less but the best.

Grit: The book of Angela Duckworth Grit stated that “the people who can persevere more even they don’t have the talent yet can reach their true potential.” Effort counts twice and that’s grit power. The famous stories of three immigrant tycoons Henry Sy Sr., John Gokongwei and Lucio Tan were almost the same; rags-to-riches stories, billionaires, leaders in their industry and came from the same era. Living was not easy but they know how to persevere. They believed in luck as long as you prepare every single day, they experienced defeat but never back down. Those who failed but never quitted on their dreams stayed on the same course with a purpose to win and prove that what they’re doing has a higher value. Talent is not enough you must execute it.

High emotional intelligence: Studies shown that people with high emotional quotient have greater mental health, job performance, and leadership skills.  If you look at the world’s wealthiest individual in Forbes magazine, it shows how much money they got and how they took care of their business throughout the years. Steve Benitez, CEO of Bo’s coffee, a local coffee chain, is a great example with high EQ, when Rustan’s brought Starbucks here in the country he saw that as an occasion to rebuild the brand by reinventing the store, leveled up the products and benchmarked standards to deliver a Filipino coffee experience that puts a spotlight on Philippine coffee. Instead of letting fear took over, he used a strategic approach to scale up his game.Collaborative: “No man is an island,” as the saying goes, you need other people, as well.  Mark Zuckerburg, CEO of Facebook,  admitted that he hired Sheryl Sandberg as the COO and Instagram founder to scale up the business and continuously evolve the business. A baseball proverb said “everyone can make a difference but a team can make a miracle.” Entrepreneurs needs support group and talented people in order to learn more and create more. This is the century where social media is playing a big role to us all.

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David Isaiah Angway is a registered financial planner of RFP Philippines. He is the CEO and founder of WinLongTerm Financial Consultancy that helps organizations retain their top key employees by teaching practical money management in the workplace.

Vice President Leni Robredo

The Young Entrepreneurs Society Philippines is proud to present that the vice president of the Philippines, VP Leni Robredo shared her greetings at this year’s celebration of Global Entrepreneurship Week in the country.

To see her congratulatory message, watch the video below.

Senator Grace Poe

Grace Poe, one of the presidentiables last  May 2016 election, also shares her joy in having the celebration of Global Entrepreneurship Week in the Philippines that promotes and advocates small and medium enterprise.

In her letter, she urges to raise awareness in entrepreneurship, “I urge you to progressively realizer your sundry GEW advocacies in raising awareness in entrepreneurship. I implore you to continue pushing for meaningful entrepreneurship development in all that you do.”

To read her full statement, see below

Senator Alan Peter Cayetano

Senator Alan Peter Cayetano, one of the Senators of the Philippines since 2007 gave his sincerest support and recognition in the celebration of Global Entrepreneurship Week.

Senator Cayetano said believes in the quote “Reap what you sow.” He ended his message by addressing the up and coming businessmen and business women of the Philippines to keep sowing seeds of innovation to reap the best fruits soon.

The senator sent a formal letter that can be read below:

Senator Bam Aquino

The youngest senator of the 17th Congress of the Philippines and social entrepreneur, Senator Bam Aquino takes this chance to voice out his warmest greetings at the celebration of GEW 2016 in the country and takes this chance to express his deepest congratulatory message to Young Entrepreneurs Society Philippines for being the official host of this celebration in the country.

Below is his video message for all entrepreneurs and the aspiring ones

senator Chiz Escudero

In celebration of the Global Entrepreneurship Week in the country, YES Philippines will be organizing an inspirational keynote conference called “Failing Forward”.

One of the current Senators of the 17th Congress, Mr. Francis “Chiz” Escudero expressed his support to YES Philippines in celebration of the Global Entrepreneurship Week in the country.

In his statement, he said that he believes that that entrepreneurship should be instilled especially to the youth as it greatly helps the progressive countries reach greater development.

To read his full statement, YES organization is enclosing the full message of Senator Chiz in the hopes of inspiring fellow Filipinos in embracing the culture and future in entrepreneurship.

Senator Migs Zubiri

A businessman himself, Senator Juan Miguel Zubiri expressed his support for this year’s Global Entrepreneurship Week. In his stated letter, “GEW provides a venue for both aspiring and successful entrepreneurs to form a support network, in which they can share and derive meaningful insights and best practices to start or build their businesses.” Senator Migs lend his full support for this endeavor.

“I lend my full support to this movement, which not only encourages self-reliance, but also contributes to the cosial and economic development of our country from the bottom up.” See his letter of support below.

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The event will be held on October 20, 2016 at the Crowne Plaza Manila Galleria, Ortigas Ave cor ADB Ave. Ortigas Center.

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It is designed for beginners or all who have basic knowledge of digital marketing.

We invite your company representatives to participate in the full day seminar.

Conference Topics are:

• STRATEGY AND PLANNING
• ANALYTICS
• WEBSITES
• SOCIAL MEDIA
• SEARCH
• MOBILE MARKETING

Target Attendees:

• Entrepreneurs/SME’s
• Academe
• Professionals
• BPO sourcing & marketing personnel
• Government personnel
• Marketing specialists
• Brand advertisers
• Real Estate Marketing
• Agencies
• Business leaders
• Website owners
• Students

Why Should You Attend?

The seminars will give you a complete and concise overview of the key aspects of digital marketing, and how you can effectively utilize them in your marketing plan.

The objective: By the end of the seminar, you will be ready to formulate your own digital strategy for your company or your business.

Please see attached for info.

For queries and clarifications, please do not hesitate to call us at:

Neotrade (Neo CCM Ent Events Corp.)

Tel: 9380837 or 09167312040

Web: www.neotrade.co

Email: digitalmarketingphil@gmail.com

Facebook: Neotrade Events
Phil3DExpo

Rates:
Super Regular Rate: for payments from Sept 9 to Sept. 23, 2016 : P8,500.

Regular Rate: for payments from Sept. 24 to Oct. 18, 2016 : P9,000.

Onsite Registration: P9,800.

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Student early bird rate: must be paid on or before Aug 29, 2016 : P6,000.

Student onsite reg: P7,500.

(student must present valid student ID)

All rates include VAT, seminar certificate, pdf kit (given after event), lunch and snacks
To register, please log on to www.neotrade.co
Or call 9380837, 09167312040