Author - semi retired business entrepreneur leader who is now a senior citizen. Current posts are about his current business experience and learnings. A former lecturer at a top GSB in the PHL for more than a decade. We had great successful entrepreneur graduates
Nation building via learning and being the best in business
A senior biker just like me at high hills in our town showed me docs of property in Maindanao in Compostela valley. The property happened to be owned by the wife of a former staff who now works in a Casino in this town. The bikemate happened to have a daughter in law working as a branch manager of the top Unibank in the Philippines.
At first,, I was not interested but later on found out that: 1. That the municipality is thickly populated 2. It is a first class municipality whose annual income nears 10 numbers - even bigger than the town I am now. 3. The town is where the gold rush mountain is located. It produces roughly 50% of the total precious metal output of the entire island which is 50% of the total mineral output of the Philppines (so roughly 25% of the total precious mineral output of the entire country. (This is where I heard the story before that the taxi to the mining sites are Patrol Safari.) 4. It is only 60 km north of Tagum, the banana capital of the Phl. It is not that far to Davao City.
At P8,300 per gram, x 30,000 ounces (x 25.4 gm per ounce.)
What are the opportunities: 1. mineral trading, 2. housing, lending/finance 3. our memorial business, There is new cemetery at Baylo. The site is 3 km further up at Gabanan
Several things can be opportunties: 1. precious metal business - your best bet vs. recession inflation, 2. agri food production (for survival) 3. RE - hydro or solar
Nation building via learning and being the best in business
What used to be once prosperous business environment is now becoming a challenge for many businesses. May be for essentials: transpo, electicity, utilities, there is not much effect But for other industries, it would tell: low sales, low cash flow and eventually closure. Couple this with endless taxes and challenges from ways and means people of the govt.
We dont want alibis and excuses. But war in Iran, the rise in fuel prices, the rise in interest rates. PSE BSP can feel this. Everybody feels this.
What is the antidote.
From Robert Schuller; TOUGH TIMES NEVER LAST, TOUGH PEOPLE DO.
A business protege is encountering a difficulty. He had a huge amortization in the agreement due end of July. However, the initial agreement was delayed by 3 mos because the father for no apparent reason said there was not spa signed. It took 3 mos before he was placated and had conformity to the original agreement.
Now there is a flood due 3 weeks of incessant rain, and the place of the proejct is unreachable because of the flooding at the expressway on the way to the project site. The province is also placed on state of emergency.
Way back in 1986, I encountered similar problem due to EDSA reb The land owner understood the situation and gave me extension.
Nation building via learning and being the best in business
This post got over the weekend how do you do and our business. She is a fmer Rotarian and brought us some deals back at her home province. I said fine. Hows our business. Fine. She said she is starting to make one beside the property she brought to us several years back. 1 hectare (but maybe she will not make money on that) Then she will go a next town where she has 3 hectare
But a 1 hectare project does not make money. I can suggest recommend ways to make her project profitable
She said I am her idol. Am wondering why???!
I told her she can contact me and meet how we can further help her in business. I have helped another lady, also a Rotarian put up 2 memorial parks in her island province. Now we are on our way to 3...
