Before and After: A Story of Challenge and Success of Business Tycoons in Donsol

Abstract

INTRODUCTION

People are now living in an era of constant change for the near future: change is the new normal. Preparing for and embracing that change by investing in the right kind of advice is the best way to meet these challenges ahead on. Having such challenges might become a hindrance for the new businessmen and women who is new to the business world and wants to start a business. But with great determination and perseverance those challenges might just be a lesson to everyone who wants to start a business or a company. To achieve success is to face hardships along the way. Instead of running away from the problem, embrace it to overcome obstacles.

METHODS

The study dealt on the Before and After: A story of challenges and success of business tycoons in Donsol. This study utilized 10 Business owners/tycoons as respondents. This study used descriptive-survey to know the story of the business tycoons behind their success. The researchers used a structured questionnaire to gather the profile of the respondents. The idea behind this method was to study and understand what and how the tycoons here in Donsol survived the challenges and struggles of starting, maintaining a business.

RESULTS

The study further related that most of the business tycoons in Donsol encountered customer service, it is the challenges that they always encountered. Tycoon's treats well those customers but some of the customers are snobbier and also, they are not approachable. The study found that determination is the characteristic that be possessed by those business owners, a quality that makes you continue trying to do or achieve something that is difficult. The results also showed that being hard working and having a great perseverance can help other tycoons/ business owners that wants to start a business be successful too. Lastly, improving connection with the client/customers is one of the activities to achieve one's business.

DISCUSSIONS

Based on the findings, a business man/woman should possess these characteristics to improve their ability to be a business tycoon. Studies confirm that as a business tycoon, seventy percent (70%) determination and forty percent (40%) critical thinker should be followed. The findings of these current encourage future researchers to conduct a symposium regarding the steps of starting a business and maintaining their business.