I've published few articles regarding money making but this one is more on the logical reason why people don't like to have more money than usual. Let's talk about stock market. Investing in stock market is also putting up/running your own business at home. Majority of the Filipino population tend to have too little interest in this field of money making.
Most of us think that this is only for people who are capable of dispensing large amount of capital but in reality you can invest by simply buying small shares that would only cost you a few hundreds upto a few thousands. My previous officemate had a stock share from Petron which was only Php1,700. My dormate in Los Baños way back in 2000 invested Php500 in PLDT. You can buy shares in Meralco, etc.
Looking at the value of these shares, this is just equivalent of buying a few cups of coffee from Starbucks. So why are we Filipinos haven't taken this great opportunity to earn a better income? See some obvious reasons below.
1. Wrong mentoring of parents. Our culture is fixed when it comes to future preparation. Your parents most likely mentioned to you when your were a kid that you have to study hard to earn your diploma for you to easily look for job(to become an employee). We've been mentored this way. Being an employee means fixed salary. No matter how good you are and even if you double your efforts than what you exerted the previous month, you would still get the same pay. Again, fixed income is the result of bad parent's mentoring.
2. Crab mentality. Your own business partner might even pull you down because he/she don't like you to prosper. Or this could apply to your friends who don't like you to progress or you mingle too much to those people who don't have dreams of lifting up their social status.