Stories of Success Among Business Owners in the Municipality of Donsol

Authors

  • Alyza Warde

Keywords:

businees, management, finances

Abstract

INTRODUCTION

Business is an organization or economic system where goods and services are exchange for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis in order to make a profit. This research determined the Stories of Success among Business Owners in the municipality of Donsol wherein the respondents of the study owned the following business establishments: hard wares, Enterprises, Merchandising, Stores and Food chains businesses.

METHODS

The study made used of voting scale of yes, no or maybe to determine the product if it is effective or not. This used descriptive survey method, participants answer question through a survey data connection, such as questionnaire or interview. This method is used for knowing their story or experience on how to be a successful in managing their business or how to run a business, and to have faced struggles to know everything associated in handling a productive business. Simple focus group discuss was also facilitated to verify the data gathered.

RESULTS

Findings were (1) Out of fifteen respondents female were nine with a percentage of sixty percent while male were six with a percentage of forty percent. In terms of ranks female were rank one while male rank two. Female have the highest number of business owners who will succeed. (2) Out of fifteen respondents they had a different number of ages. And the findings of respondents were not too old. (3) Out of fifteen respondents high school graduate were two with a percentage of thirteen percent while the college graduate were thirteen with a percentage of eighty percent. In terms of ranks, high school graduate were rank two while college graduate were rank one and elementary graduate were third rank. Most of the respondents were graduated in college. (4) Sari-sari store has the highest type of business that we gathered in the municipality of Donsol.

DISCUSSIONS

Based on the fore mentioned findings and conclusions were drawn, the following recommendation were made. (1) The researchers recommended to have an interviews, sharing ideas about business strategies and planning to know the stories of success among the business owners. (2) The researchers recommend attending seminars for them to share knowledge on how tobe successful one. (3) The researchers strongly recommended, to give a symposium just like sharing story about how you lived your life until you succeed, to inspire those dreams to improve what they have to.

Published

2019-01-18