Introducing livelihood rather than just charity and ayuda

Looking forward to the future of business

A companion in 4x4 who was reported to be the  first Filipino to climb Everest 20 years ago (2015)  communicated to me some grandiose plan for evangelization. He has become a pastor   Initially helped him with donation of hundreds of thousands worth of P40.00@ bible.

Instead of dole out and charity, I plan to talk him into introducing agri forestry in the areas he will be proslytizing with livelihood eg  agro forestry so that he can be self sustaining.

God helps those who help themselves

Profits from asset revaluation? - to make themselves Number 1?

Looking forward to the future of business

A business firm by a Filipino billionaire this post believes, used financial accounting magic (ledgermain) to post up his business to have earned P1trillion in profits.  While this may be legal and in accordance with GAAP, comparison with other companies can not be held acceptable:   all ready comparing apples and oranges.  Sales revenues as against asset revaluation.  And the business owner has to pay taxes on unrealized gain.  

The question is:   can you sell the properties at the published prices in the asset revaluation:    P200,000 memorial park plots anywehre in the Philippines..   X amount (hundreds of thousand pesos/sm at Villar city

What did the billionaire gain by revaluation?   Holding himself in high esteem in the business community?  Did he creeate wealth for others?  Did he create jobs?  Did he improve the econnomy?

Maybe we could do the same to our inventories and declare ourselves billionaires.  ?

Rappler on MVillar insane 2024 trillion profit