Many of the problems of entrepreneurs are not the enterprise nor the opportunity but someone else

Ateneo Professor on Entrepreneurship

Rizal   Philippines   |  August 28, 2014



I have given advice or looked at businesses of many friends and relatives.  Many wanted me to look at their operations and systems.  Or the whether they can make money or not.  Most of them had sound business models (opportunities) and operating, marketing, and financial plans (enterprise)

What is mostly their problems?

New specialty business venture for a relative Dr - Gracialyn Miranda -gynesurgery

Ateneo Professor on Entrepreneurship

Rizal Philippines  |  February 9, 2015




A cousin who specialized into OB gyne (she has been an MD since l986) has been very enterprising.  She put up a condorm in Eloisa in Sampaloc  Corte Fragata.  Some units are available for sale. The 9 storey, 26 unit condo caters to reviewers, students, working professionals in the Sampaloc area.    She has easy 5 year easy rent to own plan.

She also has a medical spa and OB Gyne clinic for deliveries (normal and CS) and Ultrasound.  She was the first to own, in the Laguna and Rizal Area

She underwent training for cosmetic surgery at CSI and lately at Southcoast Southcoast Urogyn for cosmetic vaginal surgery which is a growing trend in the USA for aging baby boomers who are now into their 60s.

This procedure has been going around in whispers and in secret.  She thinks this too will happen here in the Philippines.

Please visit her site.  Dra Grace Gyne Cosmetic Surgery and Beauty Center

TV shows on entrepreneurship cant match teachings at Grad School

Ateneo Professor on Entrepreneurship

Rizal Philippines  |  August 27, 2014

There are many TV shows on Entrepreneurship:  Go Negosyo, Swak na Swak, and so many interviews, they could not match the content and the comprehensiveness of subjects being taught in the grad school.   Some are simply lectures.

The sharing and the hands on training at the classroom cant be matched this event.

So better enroll in Grad School.

Lack of shared mission on customer service

Ateneo Professor on Entrepreneurship


This afternoon I just came from a well known drugstore with nationwide network of outlets.  I have often noticed that one or two clerks would serve customers but the rest would group around the cashier or elsewhere and not much selling is done.  The cashier is the bottleneck and so with the rest of sales clerk  At that store, (this refers to the RX counter) there are 8 clerks and they are supposed to be more than enough to serve the customers 5 are doing nothing.  Only 2 clerks and  and 1 cashier were observed to be working.

In a fine dining restaurant (it is not supposed to be happening) there were 8 waiters all facing the cashier and not looking at the service area.  Many were raising their hands.  They do not prefer customer contact.

We can improve customer service.

In our company we have emphasized customer service.  I hope at this moment, no one is screwing us on customer service

Roger Bootle "The Trouble with Europe"

Ateneo Professor on Entrepreneurship
 Rizal Philippines   | May 1, 2014



From ATG Chartwell

Roger Bootle will launch his book, "The Trouble with Europe" this May.  He observes that the unification of the currency and economy is unlikely to happen because there is no commonality to speak of in terms of language or economy.  The countries have varying markets, and products and can exactly copy what US is doing:   serving one English speaking nation with one history and one leadership.

And yet EU struggles to set strict rules, resulting in more trouble

The currrent set up of Europe invites trouble.

What do you think?

Must Brussel continue governing the "Union"?

Will China overtake US as the world's largest economy in 2014

Ateneo Professor on Entrepreneurship

From the World

 


Philippines |  May 1, 2014

I watched CNN and Al Jazeera today predicting that China will soon overtake us as the world's top economy this year.  US has long since held the title after it overtook UK in 1872.  But despite that, the parity of living standards will still be behind Western standards.  Because, per capital wise, the large population of 1.36 bn will take the sting of that bigness

This is according to the World Bank International Comparison program.

China has contributed roughly 25% of the world's global growth since 2008

One can doubt the veracity of the data:   1.  On one hand, the civil servants sometimes inflate their data so that they get promote.  2.  On the other hand, there is the grey economy and many unreported revenue by vendors, in sex trade and other illegal activities.  So the economy may be bigger than reported.

The rapid growth has resulted in rapid degradation of the environment including air quality, even in Beijing

US has lagged behind in growth rates vs China and in real terms

ehi