MANILA, Philippines — For some entrepreneurs, financial missteps must occur before business success takes place. So, when you are starting a business and you happen to hit a stumbling block early on, do not be disheartened. Keep pushing on, and success will start showing itself.
In the episode that premiered on April 3, titled "Nadapa, Natuto, Kumita," he shared on Facebook how their funniest financial mistakes became the company’s foundational strategies. “Sales meant celebration, right? Wrong! We pulled out cash without thinking twice. And guess what? When it was time to pay suppliers, our wallets were singing crickets,” he recalled.
In their YouTube video, titled “Three Mistakes When Scaling Up Your Business,” Agsunod and Agsalud shared the lapses they committed that prevented them from leveling up sooner. “When Common Room was just starting, kami ang breadwinners ng family namin, so lahat ng earnings namin, napupunta sa panggastos ng pamilya. Hindi namin alam na dapat paghiwalayin ang personal bank account sa business bank account. 'Pag hindi niyo sila pinaghiwalay, mabagal ang growth ng business,” they shared.