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Inside Look: American’s Life Owning a Sports Bar in the Philippines
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- čas přidán 11. 07. 2024
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As a small business owner, just don't try to cheat, and you should be fine. It is not like in the U.S., where if you ain't cheatin', you ain't tryin'...
Beside the many challenges in PH, hospitality has another problem.: today you are Hot, tomorrow you are Not!! Meaning people want to go to the latest venues, no matter how nice a bar, the public goes around....and you can do nothing about it!
Worked almost 20 years in this field and my advice: make it a profitable place (for maybe 3/4 years) and sell it at the highest peak.
As often when you wait longer you are doomed and soon a new name and new colour will appear on the front.
yep a place might be popular for a while then a new hot spot appears on the horizon and the herd migrates over
Billy’s is a fun place, very relaxing and friendly environment. It was a pleasure chatting with Sterling when I was there. My go to spot.
I'm a Filipina and I am with you when it comes to how laid back some workers here.
I feel bad saying that for those that are truly so hard-working, but it’s common enough that I think it’s really fair to mention
while that's true,we also need to consider that the labor is dirt cheap.
it is a very sad reality that the common Ph workers are so lazy and will lie about their skills.
@@phoenixdown1947and the locals are just born LAZY and useless since they were unplanned, unloved and squamy
Online business is better in the Philippines 🇵🇭
Awesome interview again, brother. Sterling seems like a real gentleman right on point.
To be honest, I have only been here for 2 1/2 months in the Philippines and I think things flow just perfectly here, other than traffic in the bigger cities. When I’m in the supermarket, mall, restaurants or anywhere else things just move along like they would back in the states in my opinion and my experience.
I love it so much here that I extended my visa a third time today and I picked up my ACR-1 card. I was in and out of the Immigration office in maybe 15 minutes tops 🙌
My wife and I were visiting Cebu earlier this year and I stopped by Billy's Sports Bar several times.
The Filipina staff are lovely and unlike may places are productive and professional. They were nice good ladies, it's a place you could bring your wife or GF to shoot pool play darts or just drink a few cold ones.
I met Sterling and we spoke briefly one evening. He's a nice man.
One more thing there is actually parking!!!!
Thank you for sharing! Very much agreed on all of the above--and for those who haven't been here the parking mention might not sound like a big deal, but its pretty rare here!
You have to think a lot about who you hire to manage your business.
yes, it’s very, very important one
I ran a profitable business in HK for a number of years - it allowed me to retire at 51 to the Philippines with my wife. We own residential/commercial property here, where we have a profitable business and a decent income. We exercise control over the business. We don't hire people to manage it but do trust our staff, and they are suitably rewarded since if the business prospers, so will they.
If you are not hands on and let someone manage it.. Higher probability of losing your business.
Nice interview. I met this guy's GF (Fiona I guess) at the pool in my then condo and he arrived later and we chatted briefly.
She was indeed very personable and fun to chat to and I could see her being very efficient as manager at Billy's Bar.
Sports bar is rare in Phils.. He got a good idea.
Excellent interview.
I am also second generation career military.. It is funny how some people don't want to accept your answer of being from "all over", and then will ask where you were born. When I tell them I was born in London, England, they stop trying to get me to claim one location in the USA.
Filipinas is latina Asaitico meaning it's the Latin of Asia, very similar to all Hispanic country in Latin America viva 🇵🇭😊
Hi Stuart US Business Owner of a Australian sports bar in Cebu
The big advantage is having a Filipino partner and the 60/40 split becomes more palatable. I have lived here for twelve years on pensions, and I am flying back to Canada this September. Owning a business can be good but the split is the same as in Cuba in the Philippines. LOL, dental costs are great here compared to the West, I am getting all of my teeth fixed here before I fly out.
Of course dental costs will be cheaper. Philippines is developing third world country 😅.
@@jacked6 I believe that dental costs may be the cheapest in the world here. I am only paying $200 for each crown here and the cost in Canada would be $1,600 CDN, cheaper in the US. I am lucky to be here now to get all of my dental work completed before I return to Canada.
@@PatrickIrelandsentienti and salaries reflect that as well. $1600 is still dirt cheap. In my country it's almost double that and I know places like South Korea and Japan are even more in cost. Not sure if I trust the Philippines hygienic standards though
What city is good for dental
Philippines is GREAT! I love the fact that people are so fluent in English. but the only thing bad about it is that I am not there now. IT is awesome! Great video.
That’s a fun interview thanks for sharing
I think his women owns the bar not him
If their relationship goes south, guess who’s going to walk away with everything? the Filipinos who own the controlling share and the gf.. when’s the last time a judgement was made in favor for a ex-pat in the Philippines court of law?😆😆😆
You are a great interviewer. Thank you for a very interesting interview.
Saw you at IT Park Ayala purchasing some monitor.
Were you the woman who had the dog? Thank you for watching
By chance is his bar formally The Silver Dollar Bar off Osmena Fuente? The layout reminds me of that very bar. Mind you it is a 15 year old memory 😂
This is a great interview with fellow expats.
Have you guys heard of the 'Canadian Beaver Bar' in Roxas City, Capiz? It just opened recently and is owned by Michael, a Canadian expat from the 'That Philippines Life' CZcams channel. His bar is becoming more popular among local foreigners in Roxas, as well as foreigners in Iloilo and even those in other places and abroad.
I think he's more of just a PR man there with a little bit of money invested it's owned by a couple Filipinos
@@timtarr9364yea, that guy has probably put up 20 grand or more and would take years to recoup that money, if it doesn’t go belly up in 6 months..
@@keith-kb1zl that's exactly what I gave it six months I've been here a few years now and I have seen almost all X pat businesses go belly up the only ones that are somewhat successful or downtown dumaguete that's where they all land
and the Filipina owns 60 percent of the corporation or business and one day they could just up and decide to sell it, or use it as collateral for a loan.and good luck trying to fight that in the Philippines judicial system.😆😆 the foreigner has no rights,and zero chance of a court ruling in his favor..
@@keith-kb1zl Michael is wise. He's been befriending every politikos in every area he's been. He's got connections. Recently, the regional director of the Philippine National Police in Panay island was there, in his bar donning his cowboy hat and dancing.
U can start a business if u can find a niche, where u are selfemployed and have full control of quality of service or product. The work ethic and integrity is no where close to the west when u hire locals....other than that...corruption and inefficient bureaucracy is just a pain and frustrating...be careful trusting business partners too. They screw u over, when the opportunity arises.
I'm wondering what his thoughts are on the Canadian Beaver. This is a new restaurant/bar that opened up in Iloilo by a Canadian with zero experience in the business. He seems to be spending money like it's going out of style and hopes his staff one day will be able to afford to their own homes and a car on the salary and tips they make from being a waitress/bartender at his restaurant.
I can't quite figure that Canadian guy out. He claims to have been travelling The Philippines for something like 2+years, yet he doesn't know basic Tagalog. So he's not the sharpest knife in the drawer, but yes he's ploughing through money like a madman. He also acts/talks very camp. I hope for his and the staff's sake that the business is a success.
ROI is very poor for most businesses here in the Philippines. labor is cheap but profit margin is small
what little money you make on your investment just goes to your Filipina 😂😂😂 then when you realize it’s not making shit or worth your time you lose the thousands of dollars you put upfront 🤗🤗🤗
I love your Suunto D5 , Bruh👌
Our goverment should increased taxes for foreign owned bussiness in th philippines otherwise local can suffer bussiness competitors
Good luck with that. Very very little foreigners want to do business in the Philippines to begin with in comparison to other countries. Raise taxes and they’ll find other countries or their own country to go to. Foreigners like me are creating lots of higher than average paying jobs for Filipinos and shouldn’t be disadvantaged.
The payoffs can be staggering
Don’t employ too many families members it going nowhere the business make sure you are the boss and learn bisaya
where are you located in the Philippines?
Easy walking distance south of Ayala mall. Google Billy's Sports Bar Cebu.
never open a business in the Philippines.. might as well flush your money down the toilet..
❤❤❤😊😊
I’m amaze how some expats think 😂, Jesus holy shi* 😅
You didn't build the bar or set it up . Billy did and got used And kicked out. And your gf partner is a Filipina not a Filipino.
Filipino are citizen/people of the country. Filipina is a Filipino girl/woman. It’s a gender neutral language over there. Notice when you talk to them they struggle with the he/she.
Who is Billy?
@@jlodarl2k889 but they get ate kuya right
@@user-xd7zr5zy8k the only exception. it’s a kinship terminology to define family and show respect to older siblings.
Starting a business here is very foolish
Depends on the business, how hard you work and your employees. I know tons of foreigners with successful businesses in the Philippines.
@@grays617 bullshit
@@stewartfamily2612Call centers are owned by foreigners.😂
@@stewartfamily2612 lol okay pal 🤣
Oh yeah, big companies are owned by foreigners.
typical person with "money"