Digital marketing company Optixor, Inc. not only manages Victorino’s business blog but also offers various marketing services to businesses across the Philippines and outside the country, making this blogger an excellent resource person for providing top business ideas for OFWs.
Here are his answers to the standard question we sent to all the business bloggers in this series:
What do you think is the best business an OFW can open in the Philippines even if he/she is still abroad?
I believe that the best business an OFW can start will depend on his or her own unique entrepreneurial mindset and skills. It will also depend on their passion and commitment. But to give you some specific and personal answers, I go for the following businesses which are categorized into two:
1. Business that needs money
For OFWs who have already saved money or are already eligible for real property loans, a real property business, like apartments and commercial spaces for rent, is one of the best businesses they could start even when they are still abroad.This business is easy to manage and requires little manpower to operate. Unlike other businesses that incur a lot of fixed and variable expenses, this business may only incur expenses such as the salary of the caretaker, business licenses, real property taxes, and repairs and maintenance expense.
2. Business that needs time
For OFWs who wants to invest more time rather than money, online publishing or blogging is one of the best businesses they can start even if they are still working overseas. This business only requires a little investment which includes the cost of domain name, web hosting and web design. The best advantages with this online business include earning dollars thru different online advertising schemes and having yourself as your own boss. It’s not as stressful as providing professional services (i.e., SEO and digital marketing services) since your clients are your sponsors, advertisers and your audience.
Do you think this business could be successful enough for the OFW to quit his/her job abroad and return home to simply manage the start-up company?
Yes. Real property business earns fixed income, and if managed properly, it can also be expanded. It also requires little time to manage, thus, giving OFWs more opportunities to venture into other profitable businesses if they already decide to return to the country.
Online publishing, with the right marketing and business management, can also become profitable and even exceed the average income earned by an OFW. Remember that this kind of business also generates revenues in US dollars. Hence, even if they have already returned to the Philippines, they can still earn income in foreign currency.
The tips Victorino shared for OFWs, especially the one about blogging and online publishing are proven to work for many people. You don’t even have to look far for an example as the owner of RachFeed is an OFW who manages the blog (and many others) while he is working abroad!
What can you Say?
6-Year-Old Skater Princess in Pink Dress Goes Viral with Impressive Moves
Adorable Dog Keeps Begging for Food, Cute Photos Go Viral
Guy’s Impressive 5-Ring Wedding Proposal Goes Viral
Step-by-Step Tips to Change the Date of Your Wedding
Live Selling for Rich People Goes Viral as Buyers Scramble to ‘Mine’ Luxury Bags
Employer Inspects Filipina Domestic Helper’s Bag, Video Goes Viral
Guy Shares Life Hack to Turn Cellphone into Mini Computer
Guy Goes Viral after Allegedly Marrying Woman for $100,000 and Brand New Ferrari
Brave Guy Opens Burger Stand in Front of McDonald’s, Gets Applauded by Company
Tired Burglar Falls Asleep, Gets Caught by House Owner Who’s a Policeman
- Videos2 weeks ago
‘Angkas’ Rider Cries after Losing Money from Fake Booking, GrabFood Riders Help Him Out
- News2 weeks ago
Security Guard in Tears, Seeks Help over 1-Week Straight Duty and Delayed Salary
- Lifestyle1 week ago
62-Year-Old Woman Undergoes Surgery to Look Beautiful after Marrying 26-Year-Old Man
- Food2 weeks ago
Filipino Kids Throw Surprise Party for Dad with Cellophane Balloons and Egg Cake
- Lifestyle2 weeks ago
Confused Florist Prints Out Customer’s Instructions, Card Message Looks Like Cheating Confession
- Food1 week ago
Toddler’s Failed Baking Attempt Receives Mixed Reactions, Some Netizens Angry at His Parents
- Videos1 week ago
Woman Pranks Husband with Fake Packages, Delivery Man Actually Shows Up for Real Delivery
- News1 week ago
16-Year-Old Girl Sleeps for Days, Gets Diagnosed with ‘Sleeping Beauty’ Syndrome