Business

Talks about Mommy Ginger’s business tips and advice for momtrepreneurs. She shares valuable knowledge on topics like branding, marketing and consumer insight.

Some friends have advised me — Stop watching Netflix. You become unproductive.

Yes, oh so evil, Netflix! You have become the major temptress in this insane life of mine.

I have succumb to the temptation, and willingly allow myself to be seduced. But hear me out first, before you judge. I need it!

Aside from the fact that I need a break from running a business and raising a child, I get to learn a lot of secrets to running a business by watching shows on Netflix (by the way, this isn’t a sponsored post… just to put it out there!)

So today, especially when you want to finally start that business that you have always wanted to start, watch Netflix shows. Or if you’re like me, trying to survive the cut-throat and challenging world of entrepreneurship where only the ones with hard core GRIT survive, just give in to the temptation. It won’t hurt.

I’m sharing a list of my favorite shows with quotes or lines that I love, because each one taught me a lesson. Each one also either inspired me emotionally or urged me to write strategies and plans.

Umbrella Academy

Line: One of the lines exchanged in the show was between Number 5 and Vanya:

Number Five: I’ve decided you’re the only one I can trust.

Vanya: Why me?

Number 5: Because you’re ordinary. Because you’ll listen.

Lesson: Sincerely listen and be your own unique self.

As confident as I may seem, there are a lot of times when I feel sincerely out of place. I’ve suffered having Impostor Syndrome a lot of times. I always feel like I’m not good enough or that I shouldn’t be chosen for a lot of things.

But rather than focusing on what you can or can’t do, I have decided a long time ago to shift the focus from me to other people. How do you do that? Just listen. Intentionally listen and just be there for the other person. You’ll discover a lot about the other person (and a lot about you, too) in the process of the conversation.

Also, it will always be a breath of fresh air when you do YOU. You don’t have to like the same things other people like. You don’t have to do what people who inspire you in social media do. Do your own thing. Be your own self. We need a world with people with different talents and strengths. It’s good to have a life where you want to be better and always strive for excellence, but it has to be your own path. You have to steer your own ship towards where you want it to go.

Stranger Things

Line: One of the lines of Dustin Henderson (Stranger Things, Season 2)

I am on a curiosity voyage, and I need my paddles to travel. These books are my paddles. I need my paddles.

Lesson: Read books. It will guide you in this journey.

There are a lot of hurdles in life that you have to overcome. There were numerous times when we would get stuck looking for the right answer to a business decision that we need to make.

Oftentimes, the secrets to running a business are just in front of you stored in books. Authors write books because it’s a way to pass on their experiences to a massive following. Most of them write, because they feel that it’s their obligation and purpose to help others learn from mistakes made in the past.

I’ve always admired authors, and the work that they have. When you think of books as “secrets and keys to unlock the mysteries of life”, wouldn’t you want to read more?

House of Cards

Line: One of the amazing lines of Frank Underwood

History is earned. You win the day, and then you win the day after, and you do the same thing every day until you’re dead. And you’re remembered not for the winning, but because you never lost!

Lesson: Success takes time. Perseverance and grit is what will make you survive and eventually, succeed.

Ever since we started our business, a lot of people trusted us BUT, a lot of people also thought that we would or will eventually fail. This will be the same journey for you when you decide to embark on this entrepreneurship journey. I guarantee you.

When you hear these things from other people, you’ll sometimes wonder “Yeah, he’s/she’s right! What the F am I doing with my life when I can opt to live comfortably. I’m not dumb. I work smart and hard. I have my family’s lives at stake here for crying out loud! Wake up <insert your name here>

This I tell you, if you want to make a difference and if you want to feel that sense of fulfilment and purpose (in any thing that you’re doing — not just in business, but in employment or in being a professional, etc.), don’t expect it to come in a day, or in a month, or in a year.

I’ve noticed that the reason why people quit their jobs is that they think that they will find fulfilment in a month or in a year or even three years.

What I’ve learned is that it takes decades, hell, even a lifetime to possibly get to that point where you feel that you’ve made a difference. And the bigger the difference, the longer the time it takes.

This is why I love this line. People won’t remember the little wins that you’ve had for your company — the press write-ups and all. What they will remember is that you continuously fought and that you never gave up.

And changing direction, doesn’t mean giving up. It just means your pivoting and learning from the experiences that you’ve had. Changing direction just means changing direction, so don’t feel bad about it. In my opinion, it’s not equivalent to quitting. I’d liken it to growing.

Altered Carbon

Line: From Quellcrist Falconer

First thing you’ll learn is that nothing is what it seems. Ignore your assumptions. Don’t trust anything. What you see, what you hear, what people tell you, what you think you remember.

Lesson: Question everything to get to the answer.

I think one of the gifts that I have is that I have “hunches” when it comes to business, and they turn out to be right. When it comes to assessing people though, I’m pretty bad at it. I tend to see the good in people and always see the positive. So being in business has really taught me to question and ask for more information, before making decisions.

Quells quote here may be an exaggeration, but it teaches is that we need to be more inquisitive. Maybe most people and things are still authentic and remain true to their form. With technology, social media, and all of these changes, authentic appearances and true intentions are hidden in “noise” and in filters.

So if you’re in business, you have to practice looking for, hearing and seeing what your customers truly want and need.

So, see… You can learn a lot from watching shows on Netflix. The next time your spouse or friend brings this up, just say that Netflix is your TED Talks.

Ginger

P.S. Do you like the secrets to running a business that I have shared? Do you like this article? Would you like a part two? 😃 Comment on the section below!

Mid March 2019, my team (Taxumo) was introduced to the GrabPay team of Grab. We were introduced by Ms. Diane Eustaquio, the Executive Director of Ideaspace. As some of you may know, we were part of Batch 4 of this incubator/accelerator program, and it has helped us a lot in our start-up journey.

I remember the first time we met with the GrabPay (Grab Philippines) team. They really and sincerely wanted to help with the mission of making it easier for every one to pay taxes. After the first meeting, everyone in each of the teams were committed to make this happen.

Since April was a busy season for us, we agreed to start integrations by May 2019. Integrations only took us a month and for marketing, our go-to-market strategies were laid out after.

We’ve actively started promoting our partnership this month (July 2019).

How will this partnership benefit me?

You can get huge savings when it comes to paying your taxes, particularly on the Taxumo processing fees.

For one, when you pay your taxes using GrabPay Credits for the months of July and August 2019, you get Php 100 OFF on Taxumo Processing Fees.

All you need to do are the following:

Step 1: Key in your income and expense receipts in Taxumo then view your Tax Dues Cards to check on the amount of taxes that you need to pay

Step 2: Choose GrabPay as the payment option and click on payment. It will immediately confirm if you have enough balance in your Grab App (GrabPay Credits) so be sure that you have enough GrabPay credits.

Notice that you will automatically have Php 100 OFF.

The second benefit is that you can get more Taxumo Xennies (usually 1 Xenny is equivalent to 1 Peso). Taxumo Xennies can be used to pay Taxumo Processing fees and to upgrade your Taxumo Plans.

You can now purchase Taxumo Xennies using GrabPay Credits. The best deal that you can get is paying Php 250 for 550 Xennies!

So if you really want to upgrade your Taxumo account and have access to our books of accounts view (if you don’t know how to fill out those manual ledgers) or if you want to get around 50%+ off on Taxumo Processing fees, now it the time to STOCK UP ON XENNIES!

Personally, my dream really for these kinds of integrations with partners, is to have a country where you can pay taxes anytime, anywhere. A country where tax payers pay their duties while commuting, while waiting for the next episode on Netflix, while standing in line in the recently opened ShakeShack… basically, anywhere!

We also welcome new ideas that you may have. If you have an idea that you think will work well for Taxumo, message us at customercare@taxumo.com!

Hear ye, hear ye! Taxumo has a new and improved dashboard that offers so much more than just tax filing. It now has some form of analytics (cool charts and all!) that shows you your income and expenses and what your top expenses are as a business.

The Dashboard

For long time users, you may be surprised to see that the first thing you see is the dashboard and not the “CASHFLOW” tab. If you want to ADD an Income or an Expense Entry, feel free to click on the Cashflow tab on the left side or one of the Cards in the Dashboard.

Settings Tab

We changed how we called the tab for setting up your account from “COMPANY” to “SETTINGS”. When you first created your Taxumo account, this is what you were filling out. Feel free to visit this page again as we have simplified the fields the best way we can. We have some guides that you can click on; those are the little question marks seen at the side of each field.

Tax Dues Tab

Tax dues are now in the tax due tab and are grouped per tax type. We also have a reminder on actionable steps that you need to take. For late filings, we have also highlighted them just in case you have missed them.

If you want to view your past filings, click on the Past Filings tab. If you accidentally marked a tax card as paid, you can go to the Hidden Filings tab and unhide it.

Payment Channels

We have fixed our payment checkout page. We have heard your requests for us to add more payment channels! We are proud to say that in the coming months, you will see more and more payment options — options that will make it easier for you to file and pay your taxes anytime, anywhere!

#TeamTaxumo is honored to partner with GrabPay! When you file and pay via GrabPay Credits starting July 1, 2019 (until August 31, 2019), you will get a Php 100 off on Taxumo’s processing fees.

Xennies! Get or Earn Taxumo Credits!

We have introduced Xennies! Xennies are Taxumo’s Credits that can be used to pay for your Taxumo Processing fees. There are two ways to get hold of Xennies.

One is to share your own referral code to your friends and family. To set your referral code, click on your name at the top portion of Taxumo’s screen. Click “My Account” and it will direct you to your Xennies Transaction History page. You can earn 100 Xennies for every friend or family that successfully files a form via Taxumo.

Another way to get Xennies is to purchase Xenny Packs. These are available for sale inside the Taxumo Platform. 1 Xenny = 1 Peso. We have a promo running now with GrabPay. Get 10% to 100+% credits when you purchase using GrabPay.

So there you have it folks! These are the changes in the system. If you have any other suggestions, feel free to email customercare@taxumo.com 🙂

Here is a video that you can watch!

As I was sitting in a panel for 4th year college students, I was also thinking about a lot of things, on top of which was thinking of how we, as parents, can we pretty much teach starting or creating a business to the kids of today.

In this country, the employment rate in January 2019  was estimated at 94.8 percent.  In January 2018, the employment rate was 94.7 percent. This data was from https://psa.gov.ph/content/employment-rate-january-2019-estimated-948-percent

Aside from just looking at the employment rate, I also look at the underemployment which was at 15.6%. With a population of 108 Million Filipinos (as of today May 2019), this means that 16.8 Million Filipinos are underemlployed and 5.6 Million are unemployed. This is still a pretty huge number.

Ever since we had Zeeka, my husband and I have been thinking of ways to help the country in this aspect. This is why Taxumo exists — to help business owners focus on growing the business and later on generate more jobs for the people in their community (to promote inclusive growth).

As I observed the kids and parents of today, I was quite happy to see that more and more parents are open to letting their children live the life that they want. Graduates now are more open to choosing a path that they would like to have, be it starting their own business, get into the arts, get into the workforce, grow in a corporate environment, etc. We really need to show our kids that they have a choice and they can be successful at they want to do especially if they love what they are doing.

Since my husband and I are both corporate employees who shifted into becoming entrepreneurs, a lot of parents ask us how do we actually teach our kids about entrepreneurship. How do we raise kids who would want to start their own business later on?

You can teach your kids certain skills, values and train them to adapt certain habits, but you cannot force them to start a business (also) if they don’t want to. Anyway, these are skills, values and habits can be used no matter what their choices are.

For Zeeka, these are the things that we do though. Obviously, I cannot say that we’ve been successful (because she’s just 6 years old! haha!), but I’m sharing our own experiences for the purposes of discussion and to get additional tips and advice from parents who are wiser than me 🙂

Encourage kids to explore and see the world and answer their questions.

We don’t stop her from trying out a lot of different things. She has tried gymnastics, sketching, vlogging, fast food kiddie crews, hiphop, theatre classes, joining in workshops, joining an engineering club, taekwondo, creating a prototype for an app, making pastries and selling them, going out for a walk and touching everything she sees, wall climbing, traveling and seeing different places, etc. And whenever she asks about things, we try as much as possible to answer these questions thoroughly. We believe that this is how she will learn and we, parents, are their best teachers.

We teach her to be observant. We show her the actions have effects. We encourage her to find out what these “effects” are. For example, she learned how to wash the dishes. One time, her hands were slippery and she dropped and broke a plate. She now knows what happens if she’s not careful when she washes.

Guide them with what they can watch and play with online

Zeeka, like any other kid, loves to watch videos on Youtube, Netflix and she love playing games on Roblox. What we do is we limit time for gadgets and we also monitor the things that she watches.

Have you heard of Gary Vaynerchuk? He and his team created a cartoon called Lil’ Vee! Check out the first episode.

I love how they used simple concepts and examples that kids could understand. For this particular episode of Lil’ Vee, there were numerous things that were taught that both kids and adults could understand and use — from where ideas come from, to product development, to customer validation, marketing and selling.

I can’t wait for the next episode. Check out the first episode, moms and dads!

Support them in times of Failure but Expect Quality Work

This is the time in their lives when kids need to learn how to fail and pick themselves up after. They will naturally try a lot of things, and they will possibly fail during the first few attempts, but our role as parents is to help and encourage them to do better. We’re not there to remind them of their failure and their mistakes, because they probably know that they already failed. We’re there to help them pick up from where they left off and support their decisions after.

But we should also expect quality work from the things that they want to do. There are moments when we tell Zeeka that she should try harder. We then focus on what she can do to improve, like “practice more, Zeeka” or “try again”. Our kids are more capable than we think they are.

Be more specific with your words.

This is where my husband is good at. She makes Zeeka understand how she feels and gives her the word for it. He also encourages more specific language at home. Some examples of words that Zeeka uses are frustrated, exhausted, irritating, etc. We noticed that she doesn’t whine as often anymore because we understand her better, and she can communicate clearly.

Teach empathy.

We live in a world where we thrive with other people, and each one has his or her own story. We always remind Zeeka that before reacting to a certain thing or deciding on an action that would affect other people, she has to think whether this will affect the other person in a good way or bad way. Although, we also teach her what her rights are and what are the things and values that she should stand up for.

Value and Money

We are slowly teaching her how money works and how to grow it. Although at this stage, more advanced types of investments may be too hard for them to absorb, we taught her the concept of “interest” already.

We are also slowly teaching her also about “value”. What people may see as invaluable, may be valuable for other people.

Overall, these are some of the things that we feel will make her a successful when she decides to start her own business in the future. I know that we haven’t really cascaded a lot yet, but we’re taking our sweet time and we’re enjoying these moments of passing on learnings and experiences to her. She’s quite an inquisitive little lady! haha!

How about you, moms & dads, what other values and things do you teach your kids? Feel free to share it with us!