B - is Background. Dean came from a not that poor family, because their Mother in an entrepreneur, selling beef in the market.
He also define the Hardly working, hard working or working hard. (Watch the video to learn more about this)
E - is Education and Experience. He said that younger generation thought that you they can shortcut education. You are educated through life. At his age of 60, he is finishing his doctorate in Organizational Development. He also used to be an adjunct faculty at the Asian Institute of Management conducting workshops on (VIE) Venture into Entrepreneurship & (ELBA) Entrepreneurial Leadership for Business advantage. An active advocate of the GONEGOSYO ( founded by Joey Concepcion) whose objective is to inspire and teach Filipinos how to move up in life.
He also said that Education is the strong foundation for anything that you would want later on in life.
He was asked what is the good business, and he creates business out of preparedness and opportunity.
S - is Strength. After you have the Background, the Education and Experience, now you have the Strength, he said. Concentrate on your strength. Dean is also the Author of "HOW TO TURN YOUR PASSION INTO PROFIT"
T - Time Allocation. Time + Talent = Treasure. He even share a bible verse from Deuteronomy 8:18 "But remember the Lord your God, because he is the one who gives you the ability to produce wealth..."
OF - O and F they come together. Opportunities and Failure. 9 of 10 (90%) of those who start a business for the first time will FAIL. "if somebody knows the technical side of the business, it is not automatic that he can set that kind of business" - Michael Gerber
M - Mastery.
E - Enjoy. Enjoy what you do best without the issue of Money.
"BEST OF ME"
Later on the video Dean will share some tips.
- How did you earn your first million in business?
- Pinoy Negosyo Tips: Q and A - If you can go back in time, what is the one thing that you will change in your business or maybe something that you should have done earlier?
- Pinoy Negosyo Tips: Q and A - The ‘master was once a disaster’ story
- Pinoy Negosyo Tips: Q and A - Paano po ‘pag ayaw ko po ‘yung negosyo ng magulang ko? Wala pong ibang magmamanage, matanda na din po sila. Ahente po sila na karne sa palengke. What do I do po? Accounting graduate po ako.
- How do I get over a loss or failed business?
- Pinoy Negosyo Tips: Goals, reason, opportunity and plan
- Never go into business that you do not understand
- Can anyone be a businessman or a businesswoman?
Watch the full video and be blessed. Learn a lot from the Teacher and the Preacher.
If you are interested about the books of Dean 'Pax' Lapid you may visit www.kerygmabooks.com