Cash is king - your greatest mistake is to run out of cash

Ateneo Professor on Entrepreneurship

Rizal Philippines
July 21 2019

Despite all the trash that cash or money  is getting from the Holier than Thou Groups, we need cash to transact to buy  stuff for the things we need.  In business, you need cash run the business - pay your employees and suppliers.   Cash is the stuff that makes the world the business go round.

So never run out of cash. It is the  greatest sin, mistake that your business can make.  The business world can be unforgiving if you are out of cash ie bankrupt.

Therefore:

1.  Sell  (that is the first thing in your agenda)
2. Collect your receivables promptly and decisively
3.  Anticipate your cash needs see your bankers, creditors early
4. Maintain a good credit standing with lenders and creditors
5.  Stretch your cash position by asking for credit terms and extending this a little bit
6.  Avoid the siren song of over expanding.
7. Engage in a year long cost, cash reduction measures

Sponsored by:   Holy Gardens Group:  Memorial Parks, Chapels, Funeral Service, Cremation and Memorial plans...

Buddhism and Love of the King MoveThailand Forward?

Religion, Faith and Progress

From the conversation I have been hearing, the progress of Thailand can be traced to the discipline and ascetism practice by Buddhist.  Another reason is the followership and faith in the King and elevation him to the level of deity.  Pictures show the king seatting on teh same level as  Buddha himself.

However, there are conversations I heard that in the conflict between the reds (the poor) and the yellow (the rich and the govt officials) the King did not say a word.

In the cultural center that I attended, the King said he lives for the prosperity and welfare of every Thai.  That is great.  No wonder, Thai loves him so much

                              Buddhist mini temple at Pratenum

                              Food offering to Buddha at the hotel

                                      Buddhist team and sculpture are even in modern malls

                                 To my right at the back is a sign exalting the king

                                     Mini Buddhist temple inside the GEM jewelry compound

                                  At the airport is a large sign extolling the King

       The picture of the King in the Buddhist temple

                              The standing Buddha shrine

                              Buddhist monk begging for food at Pratenum

                                   Inside the Buddhist temple

                                       Words from Buddha

                                     Buddhist monk begging at downtown near the market

Some religion promotes poverty?

In the airport last night, a Philippine pastor lectured me on the role of religion, politics and economy.  He said that religious influence politics, then economics. In the Phil, he said Catholics want to make people poor so that they can gain dominiion. It s divide and rule strategy.  Politicians like it to be dominant over the masses.

What do you think of this suggested theory?  True?



Atheism and USA decline as an economic power

He said that USA is falling down because God is being left by growing number of athesists there?

Does Confucianism have to do with progress of China and Japan?

2 Corinthians 9: 6-9

Unlimited wealth if all for a good cause?

The king is successful because he lives for the prosperity and happiness of all Thai people? How about focolare (donating l/3 of  the company's net income to third parties)