About Author

About

David Bonifacio is the Direcor of Strategy for the CBTL Holdings Group, Managing Director of New Leaf Ventures, Managing Director of Elevation Partners, Managing Director of IDC Manpower Services, President of Issho Genki International, and advises businesses in South East Asia on matters of strategy, technology, and people development. David serves actively on the boards and committees of non-profit organizations including: Habitat for Humanity Philippines (housing) and CCT (microfinance). David pursues his creative interests through his blog dbonifacio.com

3 Tips To Enjoy “Overnight Success”

My title is misleading. But it’s worth making this point – even if it should be obvious – there is really no substitute for working really, really, really hard. Yet despite this, and despite all the evidence that hard work is an important ingredient of success, many people still chase the idea that working smart

If You’re Not an Asset, You’re a Liability

A liability can mean something that is a hindrance or puts an individual or group at a disadvantage. Businesses, over time, incur liabilities. The most obvious being financial liability such as debt and payables. It should be the goal of every company to minimize liabilities and to only incur ones that lead to strategic growth. This is

Career Advice for Starters

I’ve been in business for close to 13 years now – and this is not including summer jobs and my mini-childish-rackets. My very first company was a single-proprietorship when I was 16 years old making websites for companies abroad. I was actually supposed to have a partner but a few weeks into it it was

Start With You

Business isn’t glamorous. It may have some glamorous trappings and the media may present a polished picture, but the reality is business is bloody. This is why 80% of businesses fail within their first 18 months of starting. It’s really difficult. There are many moving pieces and many variables — some variables we don’t even

Build Success Into Your People

Nine out of ten businesses started will fail. In fact, eight out of ten businesses will fail in their first 18 months. That’s a lot of failures. To start a business is to  is truly to go against the odds, and while businessmen cannot ignore the numbers, this is one number all entrepreneurs want to

For SAAS in Southeast Asia, it’s Software AND a Service

“Why does New Leaf Ventures invest so much on implementation and training teams?” There’s a lot of excitement about the Southeast Asian tech scene. A lot of it has to do with the publicity international tech companies such as Apple, Google, Facebook, Amazon, and the incredible growth of Alibaba from China, are making in general.