The Art of an Entrepreneur

The Art of an Entrepreneur

by: Kendrick Chua, The Wealth Warrior

This was the profile article I wrote for my writing assignment.

“Entrepreneur is not for the weak of heart. There is no easy path to success. You will need to work harder than your employees, to keep your mind sharp, and to face your inner fears,” says John Gokongwei Jr. For a man who’s worth $680 million dollars and ranks as the sixth richest Filipino, it may seem that he’s words are ominous to those who wish to venture the path of entrepreneurship. It might seem ironic for a man who has been an entrepreneur for the past 60 years to discourage others to be entrepreneurs; but then again, maybe not. After all, his life story is inspiring enough.

Gokongwei’s fame may not reach far and wide and most people may not even know about him. Yet, his businesses thrive all over Philippines and even Asia. As the Chairman of JG Summit, one of the largest conglomerates in the Philippines, he has stakes in enterprises that produced household brand names such as Sun Cellular, Jack n’ Jill, Cebu Pacific and publications FHM, Cosmopolitan and Yes just to name a few. His businesses are so diverse that Forbes listed his source of wealth as “diversified”.

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Increasing My Sources of Active Income

Increasing my sources of active income

by: Kendrick Chua, The Wealth Warrior

How many times have I heard of passive income when I started working? A lot! And this is what the young professionals, myself included, are being preached about. Sometimes, it just gets really tiring hearing this over and over again like a broken record. Come on, reality-check, only a handful of people are already earning substantially from passive income at my age. Most of the people I talked to really have this in mind.

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6th Enrich Seminar

Why You Need A Critical Condition Rider

It’s Time Bloggers Invite

My Second Triple Digit Gain

My Second Triple Digit Gain!

by: Kendrick Chua, the Wealth Warrior

The index as of this writing was on its fourth-consecutive rise. It was a much needed one after falling by as much as 12% this year. That wasn’t a pretty scenario. I was a bit unnerved by it. But then again, after what we have witnessed last 2008, every correction is unnerving and agitating to say the least. Isn’t it a wonder that the second most stressful job is to trading the financial markets?

Today is also a day of triumph. I had my second triple digit gain in my trading history:102% courtesy of the Razon-owned Aboitiz Power. I bought this stock May of 2009 with the intention of averaging out my previous investment way back in 2007 when it had its initial public offering. I still remembered queuing with other investors with one form on one hand and a cup of coffee on the other (I accidentally spilled it though).

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Saving the Way to College sans Education Plans

Saving the Way to College

by:  Kendrick Chua, the Wealth Warrior

First appeared in May-June 2009 of Money Sense. Was also my first paid article

Norma (not her real name), who is connected to one of the biggest educational plan providers before, can’t help but cringed when I asked her how people are reacting now towards educational plans. Her facial expression mimics the sentiments of her clients and their more subtle way of rejecting her.

Twenty years back, it was unthinkable that education plans will now be received with hostility. When educational plans were first launched, they were a much sought-after investment instrument by the public.  After all, education is one of the major financial priorities of Filipino parents and the burden of a forthcoming college education cost is no laughing matter.

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