“Where they usually say that, when you have a business, you control your time, but that is not always true, for in fact, I am always on the job 24/7, always thinking and making sure everything is accounted for.”
WHEN Silver Aries Chief Executive Officer Bryann Foronda was younger, he had a totally different mindset. He became a ramp, commercial and billboard model, and even appeared on television as part of a boy band.
When he moved to the United States, Foronda pursued nursing in a community college. However, he was always eager to help anybody. Each time he encountered a situation that needed his help, he felt good for the opportunity.
“I even increased my knowledge, skills and resources to get into even more complicated situations,” he admitted.
Foronda started Silver Aries, his company, in 2016.
FILLING A GAP Bryann Foronda sees the need for a venture that will attend to people’s tax compliance needs. That need was even more emphasized during the pandemic when everyone needed assistance on their taxes to avail more government benefits. CONTRIBUTED PHOTOS
“I am an aspiring entrepreneur-model exploring different types of startups such as retailers, partnerships, etc.,” he said. “I also had a full-time job in an accounting firm.
“I realized the expenses for filing taxes on businesses, and my job as an account manager and model were pricey for multiple filings. I realized, since I have been working for an accounting firm, that I have the base for filing my own taxes and mastering my situation to save money.
“So, I invested in my skills and tools to do this. I also started doing it for family and friends to get more experience and for them to save money as well. When I started accumulating more to assist, it became a business by accident.”
Foronda saw the need for a company that attends to the needs of people for their tax needs. That was even more emphasized during the pandemic when everyone needed assistance on their taxes to avail more government benefits.
“We had to do it online also because it is safer, but soon the signature of my service is on getting the best hands-on assistance virtually, which saves time, mileage and other resources,” he said.
After only more than a year in business, Silver Aries has surprisingly evolved. Foronda started with merely having only 30 clients to more than a hundred in 2024. He even attracted prominent clients in Hollywood.
“My client base has a wide nature from professionals such as medical practitioners, legal practitioners, managers, even well-known entertainers from Hollywood, and also self-employed individuals to large corporations,” Foronda offered.
The hardest that he encountered in his business were not just the challenges, but how he can provide more types of service from the different demands his client needs.
“The advantage is that your vision can be limitless,” Foronda said. “You can help clients based on your values, and your efforts are 100 percent recognized. There are no disadvantages, but it’s more of a challenge.
“Where they usually say that, when you have a business, you control your time, but that is not always true, for in fact, I am always on the job 24/7, always thinking and making sure everything is accounted for.”
Before he embarked on his Silver Aries venture, Foronda believes he has always been into business.
“Even when I was working in the entertainment industry, I treated it like a business,” he said. “Ever since I started working, I have always been into business.”
His initial childhood ambition was to become a doctor.
“I came from a family with mostly medical practitioners, and they were my first influences and, of course, in time, it kept shifting while I was growing up.”
Quick questions
What is your biggest fear?
Loved ones getting seriously hurt.
What really makes you angry?
Ignorance.
What motivates you to work hard?
Loved ones.
What makes you laugh the most?
Keyboard warriors.
What would you do if you won the lotto?
Investment in a passive asset.
If you could share a meal with any individual, living or dead, who would they be?
Edgar Allan Poe.
Where do you see yourself in 10 years?
Updating tax law/investor.
Which celebrity would you like to meet for a cup of coffee?
Snoop Dogg.
What is the most daring thing you have ever done?
Live on a remote island.
What is the one thing you will never do again?
Hurt the person I love the most.
Be the first to comment