More opportunities projects in the North

Nation building via learning and being the best in business

Really you should not have a sense of comfort nor stay in your comfort zone.  My mother, the matriarch of business then said that your business should be compact and can be reached within 10 minutes of your waking up.  Had this post complied with this, we would have been out of business decades back.

So in the trip last Thursday these were the business opportunities:

1.  Presenting  LOI for receipt to the owner of the land for a 4.6 project.   We have to show the JPA and CTS

2.  A 4 hectare developed  project owned by a Lendng investor, located in a lst class municipality located next to the queen city of the Province

3.  A 10 hectare property located the bridge of the queen city

4.  A 4.4 hectare project in the Western part of the province.  Just needing to close the paper works  for the right of way.  JPA has been signed.

5.  5 hectare expansion of a 7  hectare mem project near the existing one we have built

5  Funding opportunities:

    1  From a priest who loves projects and business  P5M

    2.  From a govt employee who is looking for investment   P5M

This post hopes to seize, close 80% of these so that 1.  jobs may be created;    2.  towns appearance will improve,   3.  generate more taxes.   4   generate more jobs and employment

First Principles and business model, wtdn for business opportunities at the North

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

                                                                                                             ^

                                                                                                             ^

                                                                                                             |

                                                                                                             |

                                                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:

Opportunity in a foreclosed memorial park at the north

Ateneo Professor on Entrepreneurship

Rizal Philippines
July 20, 2019

I was invited to a meeting two Fridays ago regarding a 6 hectare  foreclosed memorial park at the  north...Foreclosure amount was P15M, with only 200 plots remaining for phase 1 (only 2,000 salable) plots.

The lady who invited me a JV partner owed her still P4 million (that was borrowed to partially pay of the lender.  Despite that P15 million pa utan.

The owner herself is hopeless.  As it is it looks really hopeless   Sales were sometimes 3 to 4 a month, not enough to pay operating expenses much less pay off the loan.

The good news are:

1.  There could be a total of 3.5 + 3 hectares more to develop;  for the 6.5 hectares available,  we can
      produce still:   6.5 x .55/2.5  =14,300 plots x 45 K  = P643,500,000.   That could:  be used for
      development  -   say

                            Development cost                                            P64,000,000 m
                         
                            Bank foreclosure                                              P15,000,000
                             and the lady lender                                              4,000,000
                         
                           and cost recovery by the land owner.                           
                           say 65,000 sm x 1,500 /per sm                           P65,000,000

                                                         Total                                      148,000,000


                                                                     Total estimated rev   643,500,000

                                                                     less 50%                   321,750,000

                                                                     Net lot price             321,750,000

                                                                     Less                          148,000,000

                                                                                                      173,750,000

                           


2.  The town is a first class municipality and classified by Wiki as financial and commercial center of
     province.  There are 25 banks in the town and there is a Savemore, Jollibee and KFC

3.  Their pricing is at P1,800 per month.  But buyers say if it is P800 per month or less tatakbo;
     Acceptable pricing is P45K up...

4. Sementado na road papuntang site; 

5.  It is nice memorial park at the hill, katapat municipal cemetery