I just had my copy of Entrepreneur Magazine – March 2011 issue few days ago. My copy was being delivered by someone but don’t know who since ’twas my wife who received it and well, she opened it also – and read Marvin Agustin’s serial quest.
I actually subscribed to them for a year and the subscription was made/initiated last December of 2010 via online – their website, but low and behold, I just received my copy just this March 2011. Is this how incompetent their system is when processing online initiated subscriptions? Argh! Shape up guys because it’s really ironic when you guys are promoting online transactions for us micro-entrepreneurs to deliver the kind of service our customers want. I don’t know what happened to my January-February subscription or it’s just me not reading the terms on what specific month my subscription will start. Anyway, if that’s the case then still its counter productive – profits.
Let me just compare my experience with National Bookstore, still about online transactions and purchases. I recently bought four (4) books via their website – nationalbookstore.com, and after five (5) workings days Air21 delivered the goods at my doorstep. Now that’s what I call service at it’s finest.
Now, as for the title of this post, I already started scanning the pages, those pages I really find interesting or the stories that I needed only, but “Feedback” section re. “Revenues, and VC” made me irked again. Are these guys listening/reading? Really? Or they’re really not getting what “Mark Pe” was trying tell them?
To quote Mark’s concern:
“In addition, please feature businesses that are looking for funding and support. It’s sad that the venture capital indsutry in our country is non-existent. However, I think that most of your readers are really angel investors in waiting. Moreover, there are a lot of new incubators like ASEI (http://www.asei.com.ph/) just looking for businesses to assist.”
I totally agree with you on this brother.
Now to quote Entrepreneurs far-off reply – or somewhere there:
“The country does have it’s share of venture capitalists, among them the Investment & Capital Corporation of the Philippines and the Philippine Venture Capital Investment Group, albeit perhaps unknown by many of entrepreneurs. We’ll take your suggestions to heart though, and continue to spread the word about how to find funding. Thanks!-”
They’ve answered but did it satisfy Mark’s other concerns? Well not for me. Look, to rephrase Mark’s other concern, we don’t really need ways on how to get funding because ways are only limited and everyone already knows where and how to get funding. You can even ask your dad or mom for the needed funds. Borrow from classmates or make a pitch. You can even crowdsource just to get funds but I don’t know if you’ve covered this topic already. But the point is, feature killer products and kick-ass services that we can invest in or that needs investor support.
As for my concern, are you guys keen on “creating a niche magazine” for technology start-ups that needs funding and support?