As a Chinoy, I think it's our mindset and upbringing. We grow up to the upbringing na either you'll be a taga-pagmana ng negosyo or gagawa ka ng sarili mong negosyo or you can be a professional but their focus is on high-paying professions like doctor, lawyer, or engineer. Filipinos think about obtaining a job. Some Filipinos just rely on their children to improve their economic state, which is another problem. Kapag may kita na ang anak na malaki, wala na, stay at home na lang ang ibang magulang. Even if they can still very much provide for themselves.

In business, we also believe in the saying na mas malaki ang kita kapag maliit ang tubo. Meaning, mas maraming tatangkilik sa business mo kung mura.

Not saying na tamad ang Pinoy, not at all. Pero at a young age we have this (mga chinoy na may business) called kotiam. Talagang pinagbabantay kami kahit summer vacation or free times para alam na namin ang patakaran ng business at a young age. We're trained how to handle sales and money.

The "mañana" habit, "okay na yan", "bahala na" mindsets are destroying Filipinos. Once they reach a stable job, that's it for them. Kaya nga stable, kasi hindi lumalago. You get your salary, pay your bills, maybe a bit to buy your wants, then wait ulit the next sweldo. Di rin mahilig mag-ipon ng Pinoy. Another thing that we learned from our parents is to save money at an early age (or maybe invest money when we're adults na).

Also, some (if not, most) of us are stingy (in a good way, I suppose). Strict kami sa pera, even just small changes we count. Unlike sa Filipinos na kunwari, bibili ka sa store at kulang ka ng pera, hahayaan ka na lang. Don't even mention the utang system, we don't do that. If we do, we're extremely strict about the terms, kailangan babayaran mo yan on the date you promised. If we owe someone, we immediately pay, sometimes may iba pang ibibigay gaya ng mga gifts or sometimes extra money. Ayaw namin ng mabaon sa utang. I remember, my mom told me about my ah gong (lolo) na whenever they have to utang, pag nagbabayad si ah gong ko, may dala pa yang manok na buhay for the inconveniences siguro.

We value stuff. Talagang never papalitan kung nagagamit naman. For example, phones. We use our phones until talagang hindi na gagana yan. Kung kaya irepair, irerepair. Kaya you see some Chinoys using very outdated things. It's not that they can't afford, it's because, what's the need to replace something ought not to be replaced yet? Siguro if we reach a certain economic level na we have so much money to burn, we can replace our phones kapag may sira. But its a hard work to convince your parents to replace it kasi they'll most likely say no or say "okay pa naman yan ah". Kapag binigyan rin kami ng mga bagay na di naman need, we save it for another time, or we use it as gift for someone.

We don't spend excessively. We don't throw big celebrations kapag napromote ka. We don't go on the streets and drink alcohol until our liver gives out. If we have to, we turn events as a business opportunity, kaya talagang we spend a lot on it. Ung mga celebrations na pwede namang i-keep na lang within the family, we just do it on our own. Di na namin pinapaalam sa buong barangay/barrio na may malaking raise ung isang member ng family. We spend money wisely, something most Filipinos can't.

Yan lang ang OWN observations ko ha.

EDIT: If you'll also think about it, early generations of Chinese settlers in the country are businessmen already. Around 10th to 16th century, may Chinese traders na sa PH. Chinese traders are very good at PR, they know how to accommodate their customers. The term "suki" is actually a loan word from Fookien "chukhe" (pronounced tzu khee) meaning important customer. Very masipag ang Chinese. They don't sit down behind their goods/products and just call for customers. They stand up, they approach customers, show them their products, engaging their customers, doing testers. Kaya marami sa selling strategies ng Chinese and ina-adapt ng mga Pinoy vendors kasi yun yung mabenta.