Ateneo Professor on Entrepreneurship
Rizal Philippines
July 23, 2019
A former dean commented on my recent post that those business that cater to basic needs are not necessarily patok or stable. He discounted real estate because of the real estate crisis (debacle of 1997 due to subprime mortgages due to sins of investment bankers, bankers and their cahoots)
There are downsides to realty or subdivsion development. 1. It is a one shot deal. After the development and sale of Lot or House and Lot units, the business stops unless there is water system, or leasing of commercial units, or parking in the case of Ayala. So next time you develop, be sure you have units for leasing so that you have recurring income 2. You have to keep on looking for land and land is scarce and therefore prices spiral up. Land which were P20.00 before are now P2,000 per square meter.
I like the current business now memorial parks, there are recurring revenues afterwards: interment, funeral service memorial plans... On a single lot, you can have two interments, two funeral service and even more memorial plans
Showing posts with label subdivision. Show all posts
Showing posts with label subdivision. Show all posts
Tuesday, July 23, 2019
Monday, July 8, 2013
Today is a lucky day; plenty of opportunities
Ateneo Professor on Entrepreneurship
Angono, Rizal PHL | July 8, 2013
Yesterday was 7.7, 2013 (total 6 my destiny number, this is my year)
Do I believe in luck and numerology? May be yes and no. Yes, because we need all positive thoughts to become successful; no because I believe that nurturing connections, being good, being skilled and sharp gets you ready for opportunity.
Today, these were the opportunities for me:
l. Cheaper and new equipment for interment; we can buy here instead of importing from USA;
2. Three memorial park sites in the north, all in heavily populated areas;
3. One memorial park in the north that has conflict but which we believe we can manage and sell well.
4. One subdivision site in MM only for P3t per square meter.
Wow. The Lord has been kind to us if we can get them.
We also encouraged the one who is brokering this, who was left by her husband to go back to construction.
We encouraged our OIC who has been given ORC benefits to look into these
Angono, Rizal PHL | July 8, 2013
Yesterday was 7.7, 2013 (total 6 my destiny number, this is my year)
Do I believe in luck and numerology? May be yes and no. Yes, because we need all positive thoughts to become successful; no because I believe that nurturing connections, being good, being skilled and sharp gets you ready for opportunity.
Today, these were the opportunities for me:
l. Cheaper and new equipment for interment; we can buy here instead of importing from USA;
2. Three memorial park sites in the north, all in heavily populated areas;
3. One memorial park in the north that has conflict but which we believe we can manage and sell well.
4. One subdivision site in MM only for P3t per square meter.
Wow. The Lord has been kind to us if we can get them.
We also encouraged the one who is brokering this, who was left by her husband to go back to construction.
We encouraged our OIC who has been given ORC benefits to look into these
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