1. First principles:
1. You must have higher purpose if you are go to expand business. Just shooting for money stunts business growth
2. Its not about more money: but building a system, and using your mental capital that counts, that mean more rather than having more php
3. Money velocity is more important than the quantity of money
(Kuwento: In a town where people were indebted to one another. A wealthy man deposited $1,000 to the hotelier for him to get a great place to stay. Immediately he paid the butcher who owed him $1,000 for the meat delivered, and butcher paid the farmer, to whom he likewise owed $1,000 who immediately paid the trucker to whom he owed $1,000, wh in turn paid the hotelier to whom he owed board and lodging. The wealthy man changed his mind and got back his deposit. Nothing was gained or lost, but the debt was paid)
Each of transaction increased economic activity but m0ney being utilized is the same. Money velocity though is x 4
4. Love connects matter to persons and persons to persons. We cant go by the matters, physica and chemistry alone.. You must have passion for life, and for the
business. You must be aman for for others. No love (passion) no big business
5. Discipline, knowledge, determination are key ingredients for business success
6. You must build a business that is exceptional, that is amazing so that the product sell by itself. From zero to one. If you build a me too product, its 0 to n. A me too business will not last long
2. Applications/explanations
1. Higher purpose: In the service of humanity and others
1. Helping churches
2. Helping needy individuals
3. Education Foundation
4. Health care - hospital, meds, assistance (tie with Malasakit
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2. Intermediate purpose
1. Generate profits
2. Generate sales
3. Create products and services
3. Beginnings
1. Scanning opportunities
2. 2. Seizing opportunities feasibility and business/marketing plan preparation
3. Seizing
1. Organizing the team recruitment
2. Finalizing ITO (coding, process flow, having a software)
3. Securing funding agreements
4. Planting seeds
1. Having a dream
2. Having a need
3. Wanting to succeed be wealthy
4. Tired of poverty
3. Opportunities:
