Turning Holiday Bonus into Business Success: The Rise of a Coffee Shop Venture

Mark and Christine Vasquez, the proprietors of Coffee Buddy, shared their inspiring entrepreneurial journey on “Kapuso Mo, Jessica Soho.” A few years ago, they utilized their individual Christmas bonuses of P5,000 each as seed money to start their coffee business. Mark contemplated the fleeting nature of spending versus the potential growth of investing the bonus, leading to their decision to venture into a coffee shop business, driven by their mutual love for coffee​​​​.

Their perseverance paid off, and today, their coffee shop has expanded to five branches. This growth is a testament to their dedication and the wise use of their initial investment. One of their employees expressed amazement at how a modest capital of P10,000 could grow into a thriving business​​​​.

Their story aligns with the advice of David Angway, a financial wealth coach, who recommends the 70-20-10 budgeting rule. This approach allocates 70% of income to expenses, 20% to savings, and 10% to investments, allowing for enjoyment in the present while preparing for the future. The Vasquez’s story exemplifies this principle, illustrating how strategic financial decisions can lead to significant long-term growth​​.