YAPPERS: Do you think that Filipinos have no strategic business sense (like the Chinese do)?

To be honest Chinese seem to make a go of their business no matter what country they go to....Why? It seems they go into it for the long hall....in other words as another answerer said "Filipinos" have the get rich quick mentality and have no care for the wants and needs of the people who should be buying from them "buy what I have not what you want".

Where as the Chinese say..."oh you want this? Ok I will have it for you tomorrow...and they they really do have it". And they look at it as a business for there kids to be passed to their grand-kids and to their great grand kids....(not a get rich quick business)...

Also the Chinese do not have the "crab" mentality..... to start a business even in another country family members will give what money they have to help one start a new business and in return the one with the business will hire family members and help them start a business.....

LOL, great question.

Servant is correct.

But you are really comparing mandarins to mangoes.

First off the Chinese go out of their country to start a business from scratch.

Now, the Filipinos you are referring to normally have it reversed, they go back to their country and start a business with capital.

Now another difference is that Filipinos normally kill off each other's business, the Chinese (mainly because they are in a foreign country) have to stick together and help each other out and put up businesses that are complimentary with each other. The Filipinos that you mentioned normally open up business in direct competition with another. Go figure that out.

Third, if going into business is an easy thing to do, everyone else would be doing it and nobody else will be working for another person. Now Filipinos going overseas and opening up business there and those who are back home and really studied business management or really have strong business plans and the temperament, the skills and the connections for it, do succeed. And sometimes just plain luck does it too.

It is very hard to generalize but we do tend to see the failures of others and overlook the successes of a few. The Chinese who go out of China and start businesses normally have no other way to make a living and they put everything on it. And you cannot say the same thing about the Filipinos opening up businesses in their own country.

I am Filipino-Chinese, and my mom told me that I have a knack of making money out of even the weirdest situations.. Other than that, I think everyone can do the same things as long as they are given the opportunity to better their skills at it.. Contrary to beliefs too that Chinese people can be thrifty, I'm not.. I still like bargains, but I have a tendency to spend a lot while shopping! That's probably the Filipino part of me or something.. ☺

This is the end part of your story:

Plus you could see a difference in business mentality within our cultures(ie Hong kong , China).

Both Hong Kong and China have had great success in business in the whereas the Philippines doesn't seem to share the same economic and business success.

So, I think this answers your own question.

THANK YOU FOR ANSWERING YOUR OWN QUESTION.

it's not that Filipinos don't have a strategic business sense, there are just more Chinese who actually get paranoid over the fear of losing money. in the first place, majority of Filipinos don't want to go in to business. the previous generations of Filipino-Chinese have been through a lot. history tells us they were nothing more than bottle collectors during the Spanish occupation. the current crop of tycoons were once kids who were driven out of China during the Sino-Japanese War. their past experiences of having nothing drives them to be wiser in business.

it's also a huge misconception to think all Chinese people here have a strategic business sense. just like there are Filipinos with no Chinese blood whatsoever that have one. i know it's such a classic example (for us living in the Philippines at least), but look at Lucio Tan. the man is rich as hell for sucking up to the right people, but he's also dumb as hell. what's worse is that everyone here actually expects his businesses to crumble the second he dies.

Thanks for being inspired by my answer from another qeustion, btw. :) Anyhoo, the moment Filipinos make a few bucks, they immediately have a ball. They drink, shop, go to videoke bars, buy crap they don't need like the latest cellphones, eat out, etc. You get the drift.

super excellence in terms of counting the revenues .

I think you answered your own question.

Wow.

You ask and you also answer your own doubts, what a mess.

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No they do not.