UPDATED: Jobs in Our Startup Community!

People! Lots of openings in our growing group! Check out this updated list for more information! Tired of the corporate life? Eager to contribute to a startup? Want to have some fun building stuff with great people? Do check us out!   … [Read more...]

JGL Thursdays Unplugged v1 – So What Happened?

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Last week, we held our very first Thursdays Unplugged in the STORM office in Ortigas. I was with John, Gelo, and Ethel. We were supposed to be 5 people but the last participant couldn't make it at the last minute. In retrospect, it was better suited for 4 people - more on this later. So what happened?  I had no idea what was going to happen, so it was a bit awkward to start - it seemed too intimate at first. Then I laid the rules - 15 minutes per person, with an ideal 5-minute pitch, and then everyone can supply ideas and advice. And just like that, we started. It was pretty cool. Everyone had a very different idea, with each at different stages of the startup process. One was … [Read more...]

Is Your Price FRAMED Right?

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  Before we did a change in business model, our prices in STORM for flexible benefits looked something like this: 0-500 Employees:                   P75,000/month 500-750 Employees:               P120,000/month 750-1000 Employees:             P150,000/month Then we changed business models in 2013. We started making revenue from our vendors instead. We became an online shop for benefits. Since we did this, we reduced our reliance on the monthly retainer fee. We became a volume-driven company. More employees, more people buying benefits our store - more revenue. At a certain threshold, we could give our services for free. Our pricing then became something like this: 0-250 … [Read more...]

Listening Is The New Reading

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I rarely have time to read books anymore. I used to accumulate sizeable bills on my Kindle doing a book a week, now I don't even remember the last book I read in print form. My babies, both actual and startup, have been occupying a whole lot of my time. I've also re-committed to writing on a particular blog. My weekends I've mostly closed off to family. I do have a LOT of wasted time in traffic. Living in Antipolo, sometimes I spend a good 2-3 hours a day in the car. 4 on bad days. (Waze sometimes I feel guides me INTO traffic) It didn't take me long to put two and two together. I might have stopped reading, but I haven't stopped learning. Now, a huge chunk of the data on … [Read more...]

Soft vs. Hard Entrepreneurship and What to Prioritize

HARD vs SOFT

You can divide all the elements of entrepreneurship into two distinct categories: hard and soft. Here's what the HARD column can be populated with: Valuation Product-market fit Lean Startup Methodology A-B Testing Seed, Series A, Series B, Series C.... Pivot Runway Dilution MVP Growth Hacking Strategies Here's what the SOFT column can be populated with: Passion Founder Dynamics Culture Maturity The entrepreneurial spirit Mentors Perseverance Following the heart Following the dream Motivation Taking a leap of faith Now, ask ANY successful entrepreneur what the reasons are for her success. Do you think most responses will fall within the … [Read more...]

Why You Should Consider Staying The Course

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The following is a guest post from Dino Alcoseba, newly-minted head honcho at the HR startup Strata.ph. I've known Dino for five years now and I've seen him develop since coming in as a fresh graduate working for STORM in 2008. Here, he shares about staying the course. I can remember the events Dino describes below (that YM Conversation!), and its a bit jarring to hear what exactly he felt.  Considering the state of young employee turnover not only in startups, but for the entire industry, I think what Dino writes here is pretty important to consider.  - Peter  5 years ago, I was stuck with a dilemma... I just finished packing 8,000 letters to employees for one of Storm’s clients. … [Read more...]

Introducing Thursdays Unplugged – And Why I’m Limiting It to 4 People

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While I like organizing events like Startups Unplugged or Open Coffee, where I really get my kick is when I go on one-on-one coffee-talks. In the bigger events or in some of the speaking events I've done, I may be able to impart knowledge and help out, but obviously, the learning cannot be customized to the individual. Sure, after the event there can be informal networking and getting to know people, but I don't really get to KNOW people that much. This is why I like doing one-on-one coffee-talks. More than just the startup idea, I get to know the entrepreneur's story. I get to know his motivations. I get to read body language. I don't just shoot from the hip and comment on just the … [Read more...]

The ONE book you need to read this year

the alliance

I'm a big fan of Reid Hoffman, Linkedin Founder and Silicon Valley Venture Capitalist. When he released Startup of You, a few years ago, I gobbled it up and came away quite impressed. He recently released The Alliance: Managing Talent in the Networked Age. Naturally, I grabbed a copy. As an HR guy who's also an entrepreneur, the subtitle piqued my attention even more. I chose to finish it off yesterday, during my Glenda-imposed house arrest when this tree blocked the only road going out AND took out the electric wires. (yes!) Now, I've read a lot of good books over the last few months. I've read a few page-turners (Hatching Twitter can only be described as Game of Thrones for … [Read more...]

I Forgot I Was On Vocation!

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The past few months have been some of the most rewarding for me as an entrepreneur. At the start of 2013, we made a crucial decision to split STORM Consulting, my startup baby, into two, distinct, laser-focused firms: STORM Rewards was going to focus on flexible benefits. I was going to lead the efforts as its CEO. STRATA was going to focus on HR competency frameworks. The big difference here was that I really wanted to source an independent management team to lead Strata - I didn't want to be involved in the day-to-day operations. In hindsight, it proved to be a very pivotal decision. (yep, focus is everything) Armed with a new business model which allowed it to offer Flexible … [Read more...]

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