The time is right for entreprenership - Go Negosyo

Looking forward to the future of business

The time is ripe for entrepreneurship -JC Go Negosyo

The best time was    10 years ago.  The next best time is tomorrow.  

This post was espousing this, as serving as Lecturer for the same subject at a GSB.  And also while joining the same movement in promoting entrepreneurship.   From Zero to One like bosses at Pay Pal  -  Peter Thiel.   From nothing to something.

Thisi decade will see at more $84 trillion of wealth being transferred to heirs in the next decades to come from owners of wealth to heirs.   We will see less of entrepreneuership and innovation

Transfer of wealth $84 trillion

This chart shows this to be over$100 trillion

 

Mt Kanlaon erupts; thousands evacuated

Looking forward to the future of business

Thousands were evacauted as Mt Kanlaon erupts, sending plumes up to 3 km high, and spewing tons of sulfur dioxide. 

We are glad we did not push through wiht series of development project (not because of volcano but because of other serious threat from insurgency)

Land is fertile, plenty of gtazeland, dearth of infastructure:  opportunities in power, health, housing, agri.   But it was a big No because of the threat of a volcanic eruption.

That is the reason why we avoided Tagaytay and Bicol too.   Even in Rizal, around Laguna lake, threat of volcano is possible  (Laguna Lake is a caldera accordingn to geophysicists) 

You can see that Taal is in frequent fits.  What if you have multi million project in Tagaytay:   a golf course, a condo, a testo?   Can you sleep at night (especially if your capital was borrowed?)

Is this decision correct?  Is it being ultraconservative.