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    The document summarizes the stories of three local entrepreneurs and their start-up businesses. 1) Ruth Diente started a beer dealership in 2006 with an initial capital of 5 million pesos after being convinced by a friend to invest in San Miguel Brewery. The business supplies beer products to several towns. 2) Jan Anthony Pinto utilized a 40,000 peso scholarship refund as start-up capital and did research to identify a niche after developing a business model canvas. 3) Nel-franz Sandigan first made a business plan and was convinced to start the business by their mother, who said it would provide a steady income.

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    The document summarizes the stories of three local entrepreneurs and their start-up businesses. 1) Ruth Diente started a beer dealership in 2006 with an initial capital of 5 million pesos after being convinced by a friend to invest in San Miguel Brewery. The business supplies beer products to several towns. 2) Jan Anthony Pinto utilized a 40,000 peso scholarship refund as start-up capital and did research to identify a niche after developing a business model canvas. 3) Nel-franz Sandigan first made a business plan and was convinced to start the business by their mother, who said it would provide a steady income.

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    Download as DOCX, PDF, TXT or read online from Scribd
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    6 views1 page

    Neil B

    Uploaded by

    Jianal Gambao
    The document summarizes the stories of three local entrepreneurs and their start-up businesses. 1) Ruth Diente started a beer dealership in 2006 with an initial capital of 5 million pesos after being convinced by a friend to invest in San Miguel Brewery. The business supplies beer products to several towns. 2) Jan Anthony Pinto utilized a 40,000 peso scholarship refund as start-up capital and did research to identify a niche after developing a business model canvas. 3) Nel-franz Sandigan first made a business plan and was convinced to start the business by their mother, who said it would provide a steady income.

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    © All Rights Reserved
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    of 1

    NEIL ADRIAN B.

    SANDIGAN STEM-3-QUANTUM

    LAS NO. 1
    Research on the life story of at least three (3) entrepreneurs in your locality; identify how they started their business. Ask how
    much their start-up capital.

    1st Entrepreneur : Ruth Diente


    How they starter their business?: San Miguel Brewery is the largest producer of beer in the Philippines. In the year 2006, a very
    good friend of my mother conviced our family to invest millions in the said company. At first, we were so hesitant because aside from
    the location and money you will also need a ton of patience and hardwork since the SMB company requires only one dealer per
    municipality. They also checked the location if it fits for more than 10 trucks and one prime mover truck. Luckily, we passed that
    requirement. After a thorough study with a lot of discouraging thoughts. We refused the negativity and pushed on. And since we are
    the only dealer in the upper valley. We supply the beer products in the town of Banga, Norala, Surallah, Sto. Niño, Lake Sebu & Tboli.
    And in the first 3 months of our SMB dealership business we never failed. Because it has always been the crowds favorite. These
    drinks are certainly always available in Pinoy events like fiestas, birthdays, weddings and family gatherings. We are now 17 years in
    beer business. The San Miguel Brewery - Lucila Diente Business Incorporation story never ends with just one best in dealing with
    people. The SMB-LDBI strive with continuous improvements with each success & failures.

    How much their start-up capital? : The dealership business demands an enormous capital since SMB is a big company. Our start
    up capital is five million pesos. And although we are the only dealer in our area, the profit per case is not as big as we expected.
    Because the monthly sales is three hundred thousand pesos excluding the salaries of sales men, damage in transport and accidents.
    So our marketing strategy is to sell large volumes so that we can earn well and get back our return of investment.

    2nd Entrepreneur : Jan Anthony Pinto


    How they started their business? I started my business by coming up with an business model canvas and then doing my research
    to find a niche that I could target.

    How much their start-up capital? As a young entrepreneur i utilize the refund of my scholarship to use as my start up capital total
    of 40,000 .Once things started to take off, I made sure to stay focused on my goals and keep things moving forward.

    3rd Entrepreneur : Nel- franz Sandigan


    How they started their business? What I did to start a business was that I first planned or what is called a business plan. After my
    planning, I gradually started to figure out how to set it up. the one who convinced me about this business was my mom because she
    always told me that it's really good to have a business because every day I have income

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