The Rewards of Doing the Right Thing in Business

The Rewards of Doing the Right Thing in Business

Sean: Do you have any advice for people who want to build a business but can’t really afford to fail? These are the people that want to know that even before leaping on their entrepreneurial journey, they should at least have a parachute or even a trampoline for them to land on.

Jason: In my opinion, it is really a leap of faith. When I started my first venture, Pushcart.ph – it was on my own. I was working for my family business, but eventually, my dad told me, that before you turn 30 you have your own venture. Because once you pass that 30-year-old mark – your life will be full of risks. So why is it riskier? Because you’ll have a family, you’ll have kids, and then you’ll have tuition fees to pay. So if you fail after 30 or 40, it will be hard for you to recuperate. Imagine if you have a family and suddenly your business failed, who is going to pick you up? So before 30, you start your own business, any failure that you’ve done before 30, you can easily recuperate. Your family and your friends will always be there, and also your mentors who will help you.

Jason: And for people who needs advice on how to build their business but can’t afford to fail, you need to find good mentors who are industry experts in that field. So one example is when we started Zagana. I really looked for a mentor way before taking a step inside an industry that I don’t even know how to play in – agriculture. We started as a family business in trading. And from trading, eventually led to online e-commerce. Then now we’re back into the traditional agriculture and we’re revolutionizing it to do the 30 minutes delivery. And take note that traditional e-commerce before takes five days to a week for the items to arrive. And now we have revolutionized it to 30 minutes delivery. And that’s because we were able to get the right partners – these are the proper mentors who have the industry knowledge and expertise on how they will be able to scale it properly. And you need backing, you need to have that billionaire mindset, you need to know who are the people who will back you up with your business, and trust them that they won’t let you down. They will support you all the way. They should have this mindset that ‘even though we’re not on that successful part of the business right now, we will support you,’ you will really need those kinds of people.

Sean: There you go. I do completely agree. When you start early, it’s the way to go and you can risk more and safer for you as well.

Jason: It’s always doing the right things and God will provide. So what does that mean? There are two things you should always remember. Do things right or do the right things. For an example of  ‘doing things right’ is the procedures and the rules of the company. So you have to follow this and that. But doing the right things is your integrity. What are the right things to do? Sometimes you have to look into the factors involved, because when you do the right things – God will provide, meaning that if you do the tasks you are given the right way, you will eventually be rewarded.