Ateneo Professor on Entrepreneurship
Rizal Philippines
May 17, 2017
The city hall site was donated by their family
to the city
I had a business trip with a partner for a real estate project and because of the long wait and the long conversation, I got to know more of the business sense of our JV partner in a real estate project. We met for more than a decade with each meeting not lasting for more than an hour over breakfast at the Ortigas CBD.
These are his business ideas, some of which he has implemented.
1. ATM machine in his home town. He partnered with his classmate who owns a network and is duly licensed by BSP and funded by World Bank. He services the employees of Decs and other government agencies. The normal fee is Php 12/transaction plus a convenience fee of P40 to 60 which is justified since the travel to and from the city costs twice that much. He has hefty income from this lone ATM machine (the machine is Diebold) He has standby Genset to give power to the ATM machine
2. Water refilling station. It was born out of his desire to provide medicines for his parents. It costs him P36,000 a month to provide meds for his parents. Now he has a water refilling station which nets him P50,000 a month and on top of that he provides jobs to 3 staff.
3. Investment in a memorial park
4. Investment in two pharmas whose revenues run into hundreds of millions: one a suture company, and the other provides staining agent for Cat Scan machine
Other interest:
5. An oxygen generator which replaces the oxygen tanks now being used in hospitals. His effort to launch this was thwarted by crooks at DOH
Oxygen concentrator generator
6. A cold storage plant for his kababayan. His city is a vegetable basket of the island province. He plans to partner with a cooperative so that the producers do not have rotten produce or fall prey to traders.
7. A hospital and lying in center in the city
8. Commercial complex
9. Dormitories for students studying in the city from nearby towns
And then:
We are going to develop a memorial park in his city on a site adjacent to the municipal cemetery which he got only for x millions. He will get 9x from his investment should the project become successful
Proposed site for hospital lying in
Property at the back of the church for
ossuary and or memorial chapel
Proposed site for memorial park
Flat rolling and good feng shui
Power is available at the site
At the back of the municipal cemetery
we will have apartments (body crypts)
We will provide one hectare for 5 year
rental only for P6,000
The municipal cemetery is filled up
Typical of the cemetery: full and
helter skelter arrangement
My business partner walking down the
access road to the site; about 150 meters
from the highway
The family cemetery at the mun
cemetery
Properties of Tito for subdivision
That is the plateau over there
Tito owns 800 hectares but were carped;
this one is 73 x 530 meters
Access road is near Caltex gas
station
Mostly planted to sugar cane
Abandoned 20 hectare project with
a major MM developer who lived luxuriously
Beautiful houses abound but
what you read in Lamudi is about
raw land between 100 to 300 php
per square meter
If we can sell at P3t per square meter
Tito B would be richer by P100 m
but that is a long shot
The veggie basket of the island province
Since the place is conducive for growing veggies, the price of cabbage is only P10 php per kg. It is like being in Baguio. Water is plenty
and cost of agri production is cheap. It has something to do with food security
Vegetable basket of Negros
DA to transform Canlaon into salad bowl of Visayas
Venues
There is a need for venues
I would like to have a cluster in San Carlos City: thus San Carlos (Toledo Cebu) and Bacolod Canlaon
Solar energy
A 320 watts (vs 250 now available
2 meters x 1 meter panel
Cafe in Dumaguete airport powered
by solar. The solar expert is a pilot
airplane mechanic and ex US navy
diver.
