Filipino Startups: Stories and Lessons with QBO and Qwikwire (Episode 50)

Updated: December 11, 2021

Listen to Episode 50:

• on Spotify
• on Apple Podcasts
• on Google Podcasts

Episode Sponsors:

eToro
Invest and trade global markets: Sign up for eToro here and check out Copytrader, which allows you to copy other successful traders on eToro and automate your investing or trading.

MrSpeedy
Check out MrSpeedy’s same-day delivery service at an affordable rate of only 5 pesos per kilometer.

Use the code 80PERCENTMRSPEEDY to get 50 pesos off your first transaction. Book via MrSpeedy.PH or download their mobile app.

Available in Metro Manila, nearby provinces, and Cebu.

Episode 50 Chapters:

• 02:11: Introduction
• 03:18: QBO and Sandbox
• 05:24: KDrama: Start-Up
• 08:04: What is a Startup?
• 12:01: The Philippine Startup Community
• 18:59: Women in Startups
• 24:00: Episode Break
• 26:04: Fail Fast, Fail Forward
• 30:36: Go All-In
• 32:17: Startup Success
• 42:22: Advice for OFWs and Young People

Excerpts and Highlights:

“If anybody wants to do a startup because they want to get out of poverty, probably not the best thing to do. As a breadwinner, doing a startup is not financially smart. It’s very risky.” –Ray Refundo

“In a startup, there must be a clear leader in the team.” –Ray Refundo

“Usually the founders that succeed, they go all-in. It will fail if it will fail, or it will do great if it will do great. What I know doesn’t work is you’re half-doing your startup and still doing something else.” –Katrina Chan

“The secret to good startups is speed. Speed of executing, making the mistakes faster, trying out new things.” –Katrina Chan

Ask me a question for the podcast: Send a voice message here.

Like and Subscribe to The 80 Percent Podcast:

• on Spotify
• on Apple Podcasts
• on Google Podcasts