The Philippines is considered as one of the country which gain a lot of investor’s but these investors are not from our locality nor a Filipino but they are foreign investor’s such as from the giant economy like China, Taiwan, South Korea, USA and the like. But why?, when many natural resources are almost present in our country, and engaging into businesses be it small or big, macro business or micro it would really help a lot for a middle and average income family as it will help provide jobs and opportunities and also the creation of more products, and high demand of other service’s. So considering all of these Filipino’s are still afraid of engaging into businesses and here are some of the reasons. So first reason is that documents make it harder and inconvenient for Filipino people, these are business registration, licensing permits and other documents needed. These documents takes month to be process and also costly since it requires registration fee, licence fee, taxes and many more, and starting Filipino entrepreneur have became highly discouraged due to these required and costly document’s. Registration processes from the DTI, SEC (for partnership and corporation) Mayor’s Office, BIR, SSS, PhilHealth, Pagibig, and other government offices are just few of the documents needed. Second reason is that we Filipinos chose more the typical way to earn money which is through employment because we see that employment helps us to be more secure in life, since employment provides secure income, unlike business which may be a fail or success, and we are not that risk taker knowing that we have a lot of priorities as a Filipino. And the third reason is the lack of lack financial capital to start their business. Knowing all the poverty rates and unemployment here in our country, looking for a business without capital, investors and other source of money to start your business is indeed hard. Capital is indeed important from the processing of the documents, to land use or property, to purchasing of the desired materials and design, to machinery and equipment and many more. So basically without sufficient capital we will not venture into business. Then next reason is the lack of skills and experience to manage a business. Filipinos are not that skilled in running a business instead we are skilled in being a human resource such as being employed, or working for other people such as being a overseas worker. The lack of experience is also related to our chosen path and courses and taking business courses are not common in the past but it’s starting to be known these days. And last reason is that the business culture here is not that strong compare to other countries. We are not business minded, we lack of skills and experiences on being a boss or to start a business, we chose a fixed job and we are afraid of taking a risk. While in contrast to these traits of Filipino’s. One of the tiger economy in the world and one of the largest importer, and exporter in the world which is also the number one country with the highest number of population and entrepreneur, and this is China. At the early age, Chinese parents already teaches their children on how to manage business, they are taught to be a risk taker and acquire all the necessary skills and experiences that an entrepreneur must have. China government also have a entrepreneurial and business curriculum instill in their education thus every students learn it since the elementary until they graduated from highschool, and the trait of being business minded also runs in their blood that’s why they are more willing to engage in business and not afraid to take any risks.