I Interviewed the CEO/Owner of The Guanzon Group of Companies Mr. Joseph Lo. And asked him questions about how the company developed. How has it been handled and it started.
These are the following questions i asked and his answers:
1.Q:First i asked him about his business. On how did he started it?
A:I took over the hardware store of my Dad after school. From there I converted it into a network of motorcycle store and car dealerships.
2.Q:What made you go into this kind of Business?
A: My dad actually sells all sort of things in his hardware stores. Bicycle, Fishing supplies electrical items etc. I decided to narrow my focus by concentrating on motorcycle only. because i believe motorcycle business is very complex. It attracts less competitor. Looking back, it was a correct decision.
3.Q:What are some benefits of owning your own business and running it?
A:Unlike employment you control from the top and you get the biggest share of the business success. But of course you take most of the risk as well.
4.Q:What specific goals have you established for your career?
A: Goals are set every now and then. Sometimes you achieve it sometimes you don't. Whats important is to be able to stand the challenge of time.
5.Q: The last question is about what if someone wanted to own a business like yours what recommendations or advices would you like to give especially for those who are taking up business courses?
A: Well all the comfort and luxuries your enjoying now are paid for by your parents. One day you will be the one paying these bills. Schools teaches you the science of making money.Your grades is your score board. it gauges the amount you have learned, but more importantly it measures your ability to deal with obligations and responsibilities. For you to make it well in business as well as all the important things in life, the key is your attitude toward these two.