Living out the business experience vs pontificating, lecturing

Looking forward to the future of business

This post has taught in a GSB in the 4 walls of the academe but always wanting to be extraterritorial.  We went to restos, to sites of businesses owned by the students, we went on experimentation to give reality to what we were talking about in the classroom.  We asked students to come with illegal business ideas, we asked for business plans.  Not so much of lectures or academe (but which the succeeding dean killed ending my teaching career)

It was going back to textbook reading, chapter by chapter and answering review questions.  Life was never made that way.   And having departmental tests:   select the best answer.  True or false

My post here are not lectures but real experiences as we navigate negotiation and formulation of business ideas.  In real world.  Not from textbook

Pricing your services as a consultant, or business plan preparation

Ateneo Professor on Entrepreneurship

Rizal Philippines
October 5, 2019

I am shocked by the prices being charged by fellow lecturers for their services.

I do not ask for a price because I have my own business from which I derive income.  I would get about P5k to P10k for a whole day of lecture and presentation.  For BP I charge P50,000 on staggered basis.
Cheap hindi ba.  May mga kaibigan akong doctor, na nagtatanong ng advice pa dinner nga lang.  And then pag nagpatingin ka may charge...   How unfair yata.  Or I should charge the correct value for my knowledge and expertise...

My former subordinate charge P100,000 for out of MM speaking engagement.     There was a BP for a memorial park na ang charge ay P200,000 for a bank loan, and even then the loan was not granted.

How much should be the fair amount to be charged.?...  Or huwag na lang tumanggap ng engagement?