-- Sari-sari store
Not really a great business.
10-20% margins, and easy to copy by neighbors, which means very little, if at all, differentiation.
And the problem of pilferage. Kaya yung tubo mo, kay inday na lang napupunta, kahit ano pang galing mong mag inventory.
I agree. Malakas lang ang kita kung nasa main road. But still, mahina pa rin ito.
-- Cellphone load business
Even lower margins. Need to maintain a phone for loading. Despite what most people think, this is time consuming, that you can use the time for other more productive things.
Nasubukan ko na ang cellphone load. Kung puro pautang madaling malugi rin. Also, it's not worth the effort rin na maningil.
-- Tutorial business
Pwede na. Especially if may hawak ka ng several tutors.
-- Barbecue sale, Baking, cakes, pastries, putos, leche plans etc.
This too. Usually kasi sa food malalaki ang tubo.
Haven't tried this. Admittedly hindi ako mahilig magluto.
Yung tutorial, may mga nameet ako who do online tutoring. However, mukhang sideline lang nila ito at wala pa akong alam na malaki ang income nila dito.
-- Website design and development
Can be profitable. But right now, everybody and their brothers are into web design.
So pababaan ng price sa ngayon.
Ito ang main income ko - freelancing. Web design. Yung pababaan ng price would only be true kung marami ang skilled sa isang platform (for example WordPress) or programming language at mas kaunti ang demand. Marami na rin akong naencounter na cases na ang client pa ang nagdi-dictate ng hourly price.
Sa akin kasi, WordPress rin ang ginagawa ko, but I chose to be an expert on it para above pa rin ako sa competition (most just knows the basic).
However, kung may malakas na demand sa isang skill at kaunti ang skilled doon, then mas madaling magdictate ng rates. Ang mahirap lang dito is, kailangan matuto ng bagong skill.
Eventually I will have to go this route.
So it's really the law of supply and demand. At maraming skills rin ang involved sa web design. Given the right skill, or simply be an expert over the rest, you can dictate rates.
-- Blogging and other online businesses
This one is very profitable. If you know what you are doing.
Most people are selling physical products online. which is ok... but that doesn't really use the true power of what the internet is capable of.
I'm also into blogging as my second income.
Tama, it could be profitable or not. Mas marami pa rin akong kilala who are earning cents sa blogs nila. I also have some successful friends who are earning thousands each month from blogging - and yes, they know what they are doing.
Yung mga online businesses, it actually also depends. Some are just able to get by, and very few are able to be successful in online selling rin.
-- Consulting, Desktop publishing
These are great recommendations.
I just know one person is into consulting. Malaki ang per day nya - since foreigner ang client - it's several hundreds of dollars each day, that is, if he is on a project! The project could span for months or a few years. Dito pa sya based sa pinas.
Ang maganda pa sa work nya, he even gets to other countries - all expense paid trip by his client.