Young entrepreneur proves you can manage a business while studying

Young entrepreneur proves you can manage a business while studying

SME Inspirations

Airamae Guerrero

Airamae Guerrero

20 Dec 2019, 10:30 — 7 min read

Enterprise: The Dairy Dose
Founder: Royette Obiedo Candanido
Industry:  Food & Beverage
Year it was founded:  2018
Location: Naic, Cavite

Dream big; start small because small is the new big.


That’s one thing we can learn from the business journey of Royette Candanido who runs his own business, The Daily Dose, offering ice cream rolls with unique flavors, while still in his graduating year in college.


His journey started with humble beginnings where Candanido used to sell ice at P5 and supplied his aunt’s sari-sari store. Though it only lasted a month, it taught him the value of hard work and the ins and outs of the business. His ice business then later evolved to ice candy business after seeing its opportunities on social media.


“I earned a little amount out of my ice candy business. That’s why I thought of another revenue stream, so I thought of making ice cream. I bought a hand mixer out of those earnings and bought some primary ingredients for making ice cream,” he shares. “Since I didn’t have any idea of making it, I first watched tutorials on Youtube about basic ice cream making and I started to sell online.”


In conversation with UnionBank GlobalLinker (GL), Royette Candanido (RC) shares his learnings from running a business while studying and how UnionBank has helped him digitize his business.

Also read: Timeless advice for young entrepreneurs

GL: Tell us a little bit about your business journey. What motivated and excited you to start it?

RC:
I’m currently a 4th year college student taking up BS in Business Administration with a major in Operations Management. I started my business around the second semester of my junior year in college.  I was elected as an officer at Cavite Young Leaders for Entrepreneurship.  Before I got elected, I was inspired by a motivational speaker who said that in order to be successful in business you should think of dreaming big and starting small because small is the new big.


From there, I learned that if you want to succeed, you should start to work on it and you should not hesitate to start small. So I asked myself, what is something that I love to do? What do I want to sell? Until I saw our refrigerator that has a freezer. I thought of maximizing it and sell something out of it.

GL: What has been the most effective way of raising awareness about your business?

RC:
In order for my business to be known, I maximized the internet since we live in the world where everything is almost digitized already. I used my social media accounts to post and promote my products.

 

UnionBank helps me to digitize my business that led me to open my first checking account called Biz Starter and savings account even though I’m still a college student.


GL: What are the challenges for your business to grow bigger, better, and faster from here? What are you doing to tackle them? 


RC:
Enough resources since I’m still studying. I’m also still working on my packaging and marketing materials. Though I’m looking forward to more opportunities for my business. 

 

GL: How do you manage your business?

RC:
For now, I’m the only one who’s doing everything. They used to call me ‘superman’ because I do everything from acquiring of materials, production, packaging, marketing, up to delivery. But soon, I’m hoping to get a staff to help me since one of the purposes why I did this is to become a job provider and to help the economy grow.

 

GL: You're a Linker. Which offering of GlobalLinker have helped you? And why should other SMEs use it too?

RC:
As a member of UnionBank GlobalLinker, it inspires me to work harder in achieving my dreams by reading the success stories of successful entrepreneurs, and from those who share their technical knowledge and skills on how to manage a business. It makes me feel more passionate about what I’m doing.


Also, UnionBank helps me to digitize my business that led me to open my first checking account called Biz Starter and a savings account even though I’m still a college student.

Also read: Introducing Biz Starter: Checking account for MSMEs, exclusively for UnionBank GlobalLinker members only

GL: How was your experience with UnionBank as an entrepreneur?

RC:
Opening an account at UnionBank was amazing because everything is digital, even depositing checks to my saving account is so convenient and faster. You don't need to go to their physical branch to transact because everything is in your hands.

 

GL: What have you learned from running a business?

RC: 
I learned that it’s not bad to start doing business at an early age. If you have dreams for yourself and for your family, you have to start it now with hard work and perseverance. It’s better to experience failures while you are still young and learn from it. 


Also read: This young entrepreneur is leading a movement to empower Filipino entrepreneurs


GL: We would love to know the person behind the entrepreneur.

Every day I wake up at 6am and get ready for school. If I have deliveries, I bring it to school and ask the school canteen if it’s okay to put my ice cream in their freezer. 

The first thing I do when I wake up is to pray and thank God for giving me another day of my life.
Three things I do to unwind/ relax are eating, sleeping, and eating again (kidding!).
When I face a big challenge, I pray a lot.
The best piece of advice I’ve ever been given is to be thankful of what God has given you and share them to those who are needy. Because you will be blessed when you give.


To explore business opportunities, link with Royette Candanido by clicking on the 'Connect' button on his profile.


Disclaimer: This article is based solely on the inputs shared by the featured members. GlobalLinker does not necessarily endorse the views, opinions & facts stated by the members.

Posted by

Airamae Algentera Guerrero

I shine the spotlight on business owners who are doing exciting and innovative work by featuring them as part of our 'SME Inspirations' series. Connect with me and share...

Recommended articles for you

Got an inspiring story?
Get featured on SME inspirations

Already a member?

Log in

UnionBank GlobalLinker - GET THE BIG BUSINESS ADVANTAGE

Visit mobile site