The Best Kind of Business in the Philippines is in Prepaid Load

It’s an obvious fact that more than 90 percent of the mobile phone market in the Philippines happen to be prepaid. It’s a market where almost a billion text messages (technically called SMS or small message system) is sent out every day. Yes, you read it right – one billion text messages a day! That’s why this huge market lives and breathes on text messaging promotions like unlimited text messaging between like telecom providers per day, per week or per month. Sometimes, that includes sending text messages to other telecom networks. For voice calls, there are also unlimited calls within the same telecom network or even discounted calls abroad.

Now, what if you can use prepaid load as an entrepreneurial business for yourself? “Why?” you’d say since not only the telecom companies are doing that for themselves, there have been one or two doing it through a network marketing model. Unfortunately, not everyone can afford the joining fee or start-up cost. Juan dela Cruz (a.k.a. John Averageman) and his meager salary can’t invest thousands of Pesos to join this direct selling business.

Enter “KikoLoad,” today’s cheapest and easiest way to start a prepaid load business in the Philippines by paying a registration fee of not thousands of Pesos but only 500 Pesos! “What’s the catch?” Actually, nothing. In fact, what Mobile Ventures did more was to give half the amount back as a starting credit to the new member of KikoLoad. So, out of the 500 Pesos you paid for joining, you get back 250 Pesos as your initial KikoLoad so you can start your business instantly. On top of that, they’re also giving away 50 Pesos as a recruitment incentive to the member (that’s you) for every person who joins KikoLoad as part of your network. And that’s not all – every new recruit is eligible to receive a 20,000 Pesos life insurance coverage for FREE! That’s probably the best incentive to join a direct selling business using the most popular product in the Philippines.

“Why the heck should I join this kind of business?”

Let me repeat what I wrote above: more than 90 percent of the mobile phone market in the Philippines are prepaid phones. There are more than enough relatives, neighbors, office colleagues, professional acquaintance, real friends and Facebook friends for you to earn a lot of money by selling prepaid load and recruiting others to sell as well.

If you see how those prepaid load sellers in flea markets and the malls use three phones for each telecom network provider, KikoLoad simplified it into just one mobile phone, regardless of the telecom network provider or SIM card you are using. You say you use a Globe Handyphone SIM card owner? Sell and transfer your KikoLoad credits to a Smart or Sun user. “Now, how do you do that?” To simplify my answer, don’t even worry about it. It’s KikoLoad’s job to give you that convenience. Just focus on selling and recruiting, and KikoLoad does the rest of the technical stuff for you.

People are now flocking to join KikoLoad!

Here’s another benefit for the would-be entrepreneur: prepaid load is a product that does not need inventory management and warehousing. This means no need for any bookkeeping to tag assets, depreciation, obsolescence, spoilage, theft, bond payments or deposits, and a whole kaboodle of accounting work that drives many entrepreneurs nuts. Sell KikoLoad, get the cash from your customer, type a command on your mobile phone, and your customer’s phone is credited with the new prepaid load you just transfered.

In fact, the method by which you earn selling (or transferring) prepaid load to another person is something like instant rebate: when you sell 100 Pesos to your friend, only 90 Pesos is actually deducted from your KikoLoad. Repeat this cycle and increase the amount of sales, and you get the drift of the business. No need to travel the distance to get a check payment. No need to wait in line to en cash the check in a bank far away from where you live. The instant rebate means instant revenue or on-the-spot earning.

However, everything I just mentioned above is selling. What about recruiting people to join KikoLoad and being tagged under your network, also called in network marketing or direct selling parlance “your downline?” Every recruit you bring in gives you an instant rebate of 50 Pesos, a small token of appreciation for the effort of convincing that person to join the business under your network. Once your direct recruit starts buying more KikoLoad credits to sell, you instantly earn 0.5 percent. But they don’t stop there. When your direct recruit (let’s label this recruit your “Level 1″ or L1) starts building his or her own network of recruits (let’s call this network your “Level 2″ or L1), and those recruits also starts buying KikoLoad credits to sell, you also earn 0.5 percent from them. In summary, you earn 0.5 percent from each of your L1 and L2 network members. How many you recruit directly and how many your recruits recruit directly, too, including how much KikoLoad they buy to sell, equals your instant rebate or your instant earning.

This is just the tip of the iceberg because all I’ve been writing about is prepaid load or credits. You can also sell life insurance and a host of other products that’s in the pipeline which, again, needs no inventory management and warehousing. As a direct selling company, there are performance incentives and promotions, and reward and recognition for top performers. It’s a whole new way of doing business using one the most popular product in the Philippines today – prepaid load.

Think about it! If you recruit someone, you may not even have to push your recruits to sell to earn a percentage of their sales. Almost everyone needs prepaid load. It’s as if you just need to sit pretty on your comfy couch and watch the Pesos come in. However, do you think people won’t bother you to sell them prepaid load? They will! Do you want to earn more? Think about a girl named RITA. “Huh?” Yes, RITA. Her name means “Recruitment Is The Answer!” It’s your ticket to a luxurious retirement, right?

So, rather than go on and on repetitively, let me just post the million Peso question:
Do you want to earn money while sitting down? “Who doesn’t!”

“More than 90 percent of the mobile phone market is prepaid. Make it your business today!“

Call or message Raffy to learn how to join, today! • 0927-726-9949 • raffy@pekson.com

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A New Social Media Website for the Filipino Community

Home page of PinoyKubo.com

I’m wondering what Canadian company Astraqom, describing themselves as “a world leading provider of online community platforms leveraging IP communications,” is doing playing a “me, too” venture with the Facebook vs. Google+ world of social media networking by coming up with PinoyKubo, its social networking platform beta-tested in June this year. Here are some of the quips I’ve seen so far:

PinoyKubo is home to several online games, Filipino e-cards, chat, blogs, videos and more.

PinoyKubo is a global online meeting place reaching people of the Philippines around the world.

PinoyKubo offers the following applications: Chat, Video Chat, Photo and Video Uploads, Online Games and a lot more!

“The online community’s audience, membership, and market include Filipina and Filipino expatriates, business people and students who are in the Philippines as well as abroad. It also is popular with those who are in a position to develop business with those in the Philippines and those who wish to learn Tagalog or just be immersed in the exciting Philippines world culture.” I do hope it’s not one of those Match.com-wannabes touting “Filipina” (notice that was the first word description talking about membership).

What does it have that Facebook doesn’t have? That should be one of the first few questions that comes into mind. PinoyKubo has an answer:

“You can record your own audio and then save it and load it as message to your friends. You can enjoy a lot of our OPM songs or choose and play with something like 20,000 games. Take a test or make a test. But most people really love how they can draw and write a message literally and send it via the PK chat! Sing-along on the Karaoke! Make friends and have endless chatting, gaming or listening fun.”

PinoyKubo touts groups, too, but it relates it to businesses and organizations becoming popular, or as champions, via sponsorships, ads, partnering options, and special events. Add the phrase “…and be an important part of 2011 and future image and branding.” The list of companies who are taking part in the new Filipino social networking site are Astraqom (obviously, the creators of PinoyKubo), Manuel S. Enverga University, Virtual Phone Line, Globe Telecom, Smart Communications and Sun Cellular.

There’s an e-commerce component mentioned by PinoyKubo. “Any PinoyKubo member can start and operate his or her own electronic store and sell services and products online. Because of the company’s emphasis on empowering Filipinas and Filipinos in the Philippines and abroad and also those who enjoy the culture, there are no fees for transactions. Payments are made via Paypal.” (Again, the emphasis on Filipinas. Why not use a generic, non-gender term?) Their PR.com publication writes, “The PinoyKubo e-store is available to retail brand names or home hand-crafted items. The PinoyKubo community members do not have to buy their own store website, nor do they have to install anything to get started. With a minimal few minutes of effort, they are up and running with their own stores.” Click here to watch a YouTube video of a demo in setting up an e-store.

Jonathan Sowah is the founder of PinoyKubo and AstraQom. He is reported to say that the PinoyKubo social network’s stores is an effective way to expand entrepreneur and businesses’ reach into the benefits of social media.

TMCNet contributor Rahul Arora writes that with PinoyKubo’s features and tools, the participants can easily meet long-term social and entrepreneurial goals. They can make friends to collaborate with, get appreciated for one’s talents, accomplishments and abilities, and discover and employ new methods and tools to reach social and business (also may be entrepreneurial and financial) goals. But most of what he writes are copied from the Astraqom website.

Let’s summarize. PinoyKubo is:

• Social networking site, like Facebook (photo, links, chats, etc.)
• Online gaming site, like Friendster;
• Blogging site, like Blogger or WordPress;
• Meeting place, maybe like LinkedIn Groups
• e-Cards? Plaxo.com comes to mind
• e-Store, like Multiply
• Video uploads, like YouTube
• Anything else I missed?

PinoyKubo today has about 50,000 members (they call it “friendships”) after three months of beta-testing. They are planning a comprehensive game archive with over 14,000 different games and activities, plus social-oriented ones.

AstraQom Corporation merged with Aon Communications (Canada) Inc. in 2009 and has operations in Ottawa, Montreal, Maniwaki, Toronto, Miami and Mexico City (Mexico). It is a member of the Canadian Advanced Technology Alliance (CATA).

I salute a Canadian company offering a service for Filipinos, worldwide. I advocate cloud-based applications and social media for the workplace. I’m not much of an online game afficionado but maybe it’s a carrot to the younger generation who are prospective buyers of its e-stores. So, join http://www.PinoyKubo.com and see what a predominantly Filipino market can do for you and your small business.

Sources: Facebook Page | PinoyKubo Info & Fansite | SGE Entrepreneurs | PR.com | TMCNet.com | American Banking & Marketing News

Image of Home Page at PinoyKubo.com

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Overseas Filipino Workers Can Loan Up To 2 Million Pesos Payable in 7 Years

Filipino Migrant workers in Hongkong

The Macau Daily Times recently reported that Overseas Filipino Workers (OFW) working in area are now eligible to borrow from 300,000 Pesos up to 2 million Pesos with a fixed interest rate of 7.5 percent per annum. This program is a joint effort of the Department of Labor and Employement (DOLE), the Overseas Workers Welfare Administration (OWWA), the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines. This special loan program is open to all migrant and overseas Filipinos legally working abroad.

Eligibility rules require the applicant to have a net monthly income of no less than 10,000 Pesos and has made at least one contribution to OWWA. Approved applicants have seven years to pay the loan.

Source: Macau Daily Times

Photo by dying_of_the_light at Flickr.com

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10th Filipino Franchise Show 2011

July 21, 22, 23 and 24, 2011. The World Trade Center along Roxas Boulevard in Manila. For details, go to www.affi.com.ph

Image from Paulo Tibig at Facebook.com

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You Should Attend the Wealth Summit 2011 This January 29

Poster above from randelltiongson.com

There are no shortcuts to wealth. Learn the power to create, keep and grow your money by attending this Wealth Summit on January 29, 2010, Saturday from 10 am to 7pm at the Megatrade Hall of the SM Megamall. This valuable learning program will feature the country’s leading experts:

Cito Beltran on Strategic Thinking; Phil. Star Columnist & leading corporate consultant

Chinkee Tan on Money Mindsets; Money Coach & best-selling author

Paulo Tibig on Entrepreneurship; CEO of VCargo & Entrepreneurship Champion

Randell Tiongson on Personal Finance; Director of the Registered Financial Planner Institute, columnist & trainer

Ms. Miriam Quiambao on Wealth Strategies; Successful real estate practitioner

To learn more about this event, please get in touch with Ms. Jen Magalong at 0939-1177856 or email at jcignacio.magalong@gmail.com.

Vancouverites in BC – You’re Invited!

Are you living in the Greater Vancouver Area of British Columbia?
Are you free tomorrow, Saturday, May 15, 2010, 9:30am?
Are you interested in learning more about “Glutathione?”
Are you looking for a better quality in life?
Are you looking for some opportunities in earning more?

If you fit one of these questions – read on!

You're invited by Shirley Tomsic

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