Covid 19 and other diseases are back: take precaution

Looking forward to the future of business

Health is wealth.  As I took the public transportation today, this post wore face mask.   Because, friends warned me Covid maybe back.   Coupled with rising number in HK and Singapore:

     1.  Friends in the memorial business are noting rising number of deaths due to respiratory, pneumoniia

          like causes;

     2.  Diagnostic centers  are reporting positive csses of covid 19

     3.   N pox too

So be careful when in public places. Wear face masks in crowded places Social distncing, Handwashing. Get yourself a vaccinations vs covid 19.  

  The DOH may not want us to panic and/or re following orders not to mention report covid 19 again under this administrations. Nor spend again on vaccines

Introducing livelihood rather than just charity and ayuda

Looking forward to the future of business

A companion in 4x4 who was reported to be the  first Filipino to climb Everest 20 years ago (2015)  communicated to me some grandiose plan for evangelization. He has become a pastor   Initially helped him with donation of hundreds of thousands worth of P40.00@ bible.

Instead of dole out and charity, I plan to talk him into introducing agri forestry in the areas he will be proslytizing with livelihood eg  agro forestry so that he can be self sustaining.

God helps those who help themselves

Amending an existing contract

Looking forward to the future of business

Yesterday this post joined a meeting regarding the meeting for signing of an amended contract.

Since Friday last week there was a request for the meeting to review the contract.  This was the result of a month long effort by the parties of the contractor, a CE and project officer, plus the redrafting of the legal consultant.  There was another scheduled meeting last Monday, and then Wednesday, and then finally we had this last Thursday.

My impression upon seeing the draft was the document was a new contract. There was a recitation of articles that are in a new contract (and were recited before in the old contract) However in reality there were 3 things that need to be documented as ageed upon:

1.  That the contractor changed org from enterprise to a corporation;

2.   That there was a request and approved verbally for an x amount of escalation;

3.   That there were additions and subtraction in the scope of work

So I suggersted that:

1.  The title of the agreement was "Amendment to a Cosntruction Contract"

2.   And incorporate at the above 3 in the amendment as a resolution or course of action.

I was apprehensive that these suggestions opinions would be contrary to the legal counsel draft and their discussion  A draft could be made and signed yesterday Friday.  But the new heads opted for a legal counsel review

A new contract that was presented was a novation and that meant you have opened yourself to:

     1.  Doing an operation without contract

     2.  More changes etc

An addendum or amendment would be simpler and in keeping with the spirit of reality

This post met with the contractor and explained the situaiton ie that the amendment (the revision of the docs) is subject to review and verbally told him that essentially we have agreed on 1 to 3.  He was satisfied.  

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

Aquilaria (agarwood) green gold, touted to be the most expensive but highly regulated in the PHL

Looking forward to the future of business

It was mentioned that harvessting from the wild especially in the mountains of Samar Leyte in Mindanao are covered.  Those in the wild command the best price and quality.  The domestic inoculated ones are not that regulated.   However the germination planting, harvesting  and trading need DENR and CITES approval.  This adds another layer of complexity to the  growing and marketing of AGAR.  You need to inoculate this.  However some say that in China, they do not encourage inoculation because the process causes lower quality and hence price.

This post thought there was a law, but only DENR regulations.   They say they have to do this because Aquilaria is endangered because of the poaching because of the high value.

The first to be legalized farming is that of IBA Botanicals headed by Ben Mead.  They collaborated with Gourmet in Silang and now selling seedlings.   

However it does not seem to be endangered.  There seems to be millions all ready planted here in the Philippines. 

Why do they seem to make it so hard?  No wonder many Filipinos are poor.  Our regulations keep us from becoming wealthy 

Its no longer about money but uplifting others: workers, land owners, LGU - being a man for others

Looking forward to the future of business

Many would not believe this but I have been busy lately not so much for myself for the others.  True to the goal of alma mater to be a man for others.    So I mentor people so that they can be good in business, This post evaluate opportunities for them for free, and give them advise on how to close the deal. I do not ask for PHP but advise them to seek PHP for themselves.  So the beneficiaries are landowners (if we have land dev project or even agri forest project)  the workers who will be hired, the LGU to whom the taxes who will be paid, and even those who ask for grease money (yest we do)

Sometimes too all you need is trust from people so you can seize project without PHP or get the investors right in the locality where you are putting up the project