Retired Expats, Filipino’s and Filipina’s Opening and Owning a Business in the Philippines


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Retired Expats, Filipino’s and Filipina’s Opening and Owning a Business in the Philippines[email protected] in the Philippines Old Dog New Tricks I interview Lori, one of the twins from a previous video who has opened a new Restobar in Bacong, Negros Oriental with 4 other beautiful Filipina’s

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24 comments

  1. I think it makes sense to pay a hourly salary to the owner/investor. That way the motivated one does not get short changed, if another feels that she can get by with only profit sharing, so be it, but you know what will happen in time…

  2. 6:00 She has it right imo that the owners are paid by the hour imo. Trying to spit time evenly between partners is a nightmare. Paid by the hour is just an accounting scheme and gives the partners max flexibility. If one partner doesn’t want to work it’s no problem and there’s no cost to the other partners because hourly wage is the same whether that money goes to a partner or a hired employee.

  3. HEY LORI>>.BEAUTIFUL HAPPY FRIENDLY SMILE & PERSONALITY>>>Do YOU have to buy a LIQUOR LICENSE to sell ALCOHOL in Philippines? If YES, how much is the Cost??? What Time is HAPPY HOUR? 5PM-7PM? MUSIC? DJ? LIVE BANDS? SPORTS BAR>>.LIVE INTERNATIONAL SPORTING EVENTS ON BIG SCREEN TV’S for the EXPATS to watch…HOOYAH!

  4. Owners getting paid by the hour for work is common. Especially in the us since their are tax advantages to doing so.

    I am self employed and pay myself a salary and take regular profit disbursements.

  5. She sounds like a very savy woman . All owners receive a wage and all profits go to growing the business. As a business owner myself I know that is the quickest way to wealth. Divide and spend the profits and in 5 years everybody is still broke. There’s nothing more beautiful and sexy than a intelligent woman.

  6. Employee ownership could work great for them as long as each worker/owner puts in equal effort. That’s usually where the stumbling block occurs with employee-owned businesses. Just a suggestion, but they could agree to meet once a month to discuss the performance of each owner/worker and adjust the pay accordingly [ something they should agree on ahead of time]. They were ambitious enough to start from scratch and I wish them the best of luck!

  7. *My brother Paul.* Your laughter is contagious sir. I look you up when I am feeling down, because you have a positive soul and always seem to bring me up. “Having a partner IMHO is a recipe for disaster my friend. It is much like being married.” (Which I have said many times) We have had several partners over the years and I have been stabbed in the back each time, leaving many psychosocial scars. Okay, so *we have tickets for Dec.1st to fly in for a couple months* with the goal of helping the poor by hiring Filipinos to help us bring food, clothing and other supplies to Orphanages and a select few families. In the end we want to help families to start their own business so they can survive. *Give a man a fish and feed him for a day. Teach a man to fish and feed him for a lifetime.* Sige na Po, bakit hindi kuya!*

    Side note; we may also return to Dumaguete and Bacolod to see our friends. All these things depend on the Filipino government allowing us to travel. See us at: http://www.donleske.com and please give us a Like and Subscribe on Youtube.

    I love my Filipina wife of 51 years, our three kids are in their 40’s and all three are business owners and have homes that are paid off. My wife’s dad was in the US-Navy and brought his whole family to the US when she was 10 yrs old. I am the guy she met in church when we were both 16yr’s old. I had a job and a car and she already had western values. We are subscribed and will become Patrons, please subscribe to us both to help us out. We come to the PI twice a year to bring food,, clothing and school supplies to orphanages. “Thank you!” Donald J. Leske Sr. https://www.youtube.com/user/DLeske and https://youtu.be/YjbSN5v6KrU – Emily’s

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