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Having
fun and making money are two things that Rommel Juan can
mix quite easily.
Even
during his college years, he was able to cash in on his
fun ideas to make a quick buck. So when he opened
Binalot and called it the “pambansang tsibugan,”
he knew people would come in to sample the food and bask
in its humor.
Binalot
started as a food delivery service in 1996, when Juan,
then 24 years old, decided to embark on the business
“for fun” and “because I had extra time in my hands.”
Until then, he was involved in the family’s automotive
business, handling sales and marketing.
The
decision to go into business was not surprising. Juan
comes from an entrepreneurial family, “where we discuss
business each waking moment.” Pacita Juan, the genius
behind the Figaro coffee chain, is an aunt. Even when he
was in grade four, he was peddling stickers to his
classmates.
He was,
however, not really money-savvy. In fact, he was a mere
“agent” of his brothers, who financed the sticker
business, and who could only scratch their heads when
Juan’s collections would fall short of sales.
“Money
didn’t turn me on. I did those things for the
interaction with people. I didn’t even know how to count
change,” he recalled.
Juan
says he set up Binalot “as a creative outlet.” He was
into cartoons, comic books and always did the flyers and
ads of their family business. “I’m really corny. I say
things like ‘what’s wrong, polo barong?’ ‘What’s the
matter, peanut butter?’ Binalot is really an extension
of me,” he says.
Juan
confesses that he didn’t know much about the food
business when he started Binalot in 1996. He didn’t
know how to cook, and had to ask the help of a family
friend, Aileen Anastacio, in creating the dishes.
Initially, Binalot was limited to food deliveries. “Ako
mismo ang naglalako,” he recalls.
Ups and
downs
Business
was good. Then the Asian crisis struck, and the next
thing he knew, his sukis in the offices were all
gone as many companies closed down. He was already
mulling closing down the business, when, in an act of
divine intervention, Shangri-La Plaza offered him a
space in its food court.
Though
unsure of its prospects, Juan grabbed the opportunity.
“I said this is make or break for me, but I won’t fall
in love with the idea [of the business]. If it wouldn’t
take off, then I would not hesitate to just close down
the entire thing,” he explains.
Binalot’s opening-day performance decided the company’s
fate. “On the first day, there was the longest line I
have ever seen,” he recalls. It was obvious. “This was
our second lease on life.”

Binalot’s offerings of rice topped with Filipino
favorites, served with achara (pickled papaya), tomatoes
and salted eggs, all wrapped in banana leaves, became an
instant hit with the lunch crowd who obviously have had
enough of burgers and spaghetti. Binalot’s menu
consisted of tried and true Pinoy favorites such as
adobo, tapa, bangus, bistek, tocino and longganisa. Its
humorous names—bistek walastik and adobonanza—also
became a hit with the crowd.
Encouraged by his initial success, Juan opened more
Binalot outlets in mall food courts. Unlike the food
delivery business, he says, “sales are steadier in
retail, and it is much more easier to plan for.”
As
business grew, he explored new business possibilities.
“When we reached six stores, I realized that we actually
had a brand,” he says.
However,
he also recognized that his responsibilities were
mounting. “I realized, marami na tao ko, hindi na
laro ito. This boy playing has lives depending on
him,” he adds.
To
better take stock of things, he took up Masters in
Entrepreneurship at the Asian Institute of Management.
This allowed him to have “a bigger outlook.” For the
first time, he “saw the forest” which was just as well,
because as he himself declares, “I am all about
branding.”
Following this, Juan ventured into franchising. First,
he had to make sure that the business was replicable and
that its systems were robust enough to be transplanted
elsewhere.
In 2003,
Binalot opened its first franchise outlet in Intramuros.
This step, he said, was pivotal to Binalot’s growth. The
franchise route allowed Binalot “to grow exponentially.”
Today, Binalot has 30 outlets and Juan is confident it
would surpass 40 outlets within the year.
People
management
Juan
says Binalot’s success is rooted in the efforts of its
people. “I keep it enjoyable for all our people,” he
says, not hesitating to ask them “are you still having
fun?” during their one-on-one performance reviews. He
likewise makes sure that his people are empowered so
they become more accountable for their actions.
Binalot
is heavily invested in training its people. At the same
time, it makes sure it treats its people well and pays
the minimum wage. Juan admits that “people management is
the hardest part of running a company” and makes sure he
is attuned to their needs and thoughts.
As a
result, he is able to count his people as his steady
allies. “I bring my people together to help,” he says.
In fact,
Binalot has its own corporate social responsibility
(CSR) program, which it calls the Dangal at Hanapbuhay
Para sa Nayon (Dahon) program. Under this program,
Binalot has commissioned a community from the Southern
Tagalog region to provide it with a steady stock of
banana leaves. The program has allowed erstwhile idle
women to make as much as P200 a day. The Binalot staff
derives obvious pride from the knowledge that they are
able to help many families.
Of
course, Juan recognizes his role in growing the Binalot
brand. “The key success factor was that I loved it. I
have the passion for it, which means I never had to work
a day in my life,” he says. |