Yesterday, we wrote about a financial education DVD movie by the Colayco foundation entitled: “Pisobilities: Bak Por Gud!” I got a copy of the DVD at Astrovision in Greenhills. When you visit an outlet, look for the DVD among the Tagalog movies, ask the attendants about the DVD as well (they might need to search their database).

Today, we have a real-life story of an OFW who did well abroad and has come back to the Philippines financially free! Back for Good!

He has established businesses in his hometown in Guagua Pampanga and is helping other kababayans establish their own businesses for them to gain their financial freedom as well.

Mike Bolos
In fact, Mike Bolos’ financial freedom is evident by this statement: “(Mike Bolos’) life is now focused on uplifting the lives of overseas Filipino workers and their families through business projects.”

Excerpt from ABS-CBN News Online:

The OFW as a social entrepreneur

By JULIE JAVELLANA-SANTOS, abs-cbnNEWS.com

For 57-year-old Mike Bolos, a former financial analyst working in Saudi Arabia, making a profit is no longer what drives him. As a “social entrepreneur,” he said his life is now focused on uplifting the lives of overseas Filipino workers and their families through business projects.

When he came home for good in 1995, Bolos said he did not mind that his businesses lost money.

“I am more of a social entrepreneur. I’m not after profit anymore. If you’re looking for good return on investment, then I’m the wrong guy (to invest with),” Bolos told abs-cbnNEWS. “As long as I do not lose money, and I create jobs and I provide opportunities for people to make a decent living, that’s my profit.”

Read full article here “The OFW as a social entrepreneur” >>

Tomorrow, we discuss the essential elements of Financial Freedom for OFWs.

ka edong
fighting for financial freedom

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