Investment grade status for PHL not felt by man on the street

Ateneo Professor on Entrepreneurship

From GMA News by Marc Jason Cayabyab | March 28, 2013 

The Philippine capital market is ecstatic over the news that rating agencies have upgraded PHL rating to a notch below investment grade Bb+ This is something to be happy about since this is the first time it happened to former sick man of Asia, and couple that with 7.1% Q4 GDP growth, one of the highest in ASEAN.  This means easier access to credit and ease of borrowing for the country.

However the news report of Marc culled from the ordinary man, as expected means nothing.  Perhaps the effect will trickle down several years down the road.

On the optimistic side, upside, investors will now look at PHL with more trust and confidence.  And PHL is better off than say Cyprus, Spain, Italy or even USA

What do you think?

Rejoice

Are product liability lawsuits anti entreprenueurs?

Ateneo Professor on Entrepreneurship

From Point of Law.com | 2012 

I just watched at the Fox news about a interview with lawyer about product liability lawsuits and how they discourage business in USA.  The most recent was Blitz USA which had to close shop, and lay off 117 employees.  Blitz makes gas container tanks and there had been numerous accidents involving fires from the gasoline container (they build fires from gasoline poured from the gasoline container; which is is a no-no.  Naturally fires jump into the container and cause explosions.)

The sympathetic juries awarded millions of dollars to the litigants, and naturally Blitz went belly up.

Thus when Sandy struck, the supermarkets ran out of gas tanks because Blitz had been closed.  Now consumers have to use Igloo or milk containers to get their gasoline.. which is a more dangerous method.  

At the time of closing, Blitz had 42 cases pending before it. (From Fox news)

It was remarked by the host that it is no wonder that Lyme disease vaccines and HIV vaccines are not produced because of the litiginous nature of the US consumers/legal system.

Are these litigation cost being passed on to consumers (Fox News says it is about $1,000 per every consumers and lawyers have a field day)

Do you agree?

Or manufacturers have to be conscious of safety and their liability (and torts?)

Is this driving away manufacturers away offshore because of this?

How to Win a Business Negotiation

From Entrepreneur.com |  Fri, Mar 15, 2013 at 10:02 | How to Win a Business Negotiation

Most Popular March 15, 2013 Startups Run & Grow Money Marketing Technology Franchises The 'Treps Is this email not displaying correctly? View it in your browser. The $2.5M Diamond Gown and Other Randi Rahm Dresses For Celebrities (Photos) A look at the A-list stars who have chosen the custom couture designer for their red-carpet moments -- from Beyonce to Fergie. SHARE Get Out of Limbo: How to Go From Dream to Decision Whether you’re an aspiring entrepreneur who just can't take the leap or you're trapped in a tough business dilemma, consider these strategies to get unstuck. SHARE How to Win a Business Negotiation Almost every aspect of business involves a certain amount of negotiation -- here's how to come out on the winning side. SHARE Opportunities of the Week: Healthier 4U Vending Healthier 4U Vending is the premier delivery system for healthier eating choices for people on the go. Great Clips Keep your job and own a business with the #1 Haircare brand in the world. AdvantaClean AdvantaClean is the leading brand in the indoor air quality market. Low Investment, high-margin business! Ziebart Ziebart is the world's leading name in automotive detailing, films, and vehicle protection services. 3 Steps to Streamlining and Improving Your Twitter Account Consider these tips for getting the most out of your company's experience on the popular social network. SHARE Philip Romano, Restaurant Artist With his incubator in Dallas, longtime restaurateur Philip Romano is looking to usher in a new generation of restaurants. SHARE 4 Things Young Entrepreneurs Need to Know About the JOBS Act When it comes to landing startup capital, crowdfunding can be a young entrepreneur's best friend. Given the new crowdfudning law, though, here are a few changes that'll pay to know sooner than later. SHARE ENTREPRENEUR BOOKSTORE Ultimate Guide to Link Building By Eric Ward and Garrett French Guerrilla Marketing Field Guide By Jay Conrad and Jeannie Levinson SUBSCRIBE TO MORE NEWSLETTERS Best of the Week Young Entrepreneur Starting a Business Growth & Leadership Sales & Marketing Franchise Social Media Tech Tactics Entrepreneur.com  |  Mobile  |  Second Act  |  Young Entrepreneur  |  Magazine  |  Bookstore  |  RSS Feeds  |  Blog Manage Your Newsletters  |  Unsubscribe  |  Subscribe  |  Entrepreneur on Your iPad  |  Privacy Policy  |  Contact Us Copyright © 2013 Entrepreneur Media, Inc. All rights reserved.  |  Entrepreneur Media, Inc. 2445 McCabe Way, Irvine, CA 92614

Special report on Henry Sy by Joseph Cunanan at Slideshare

Ateneo Professor on Entrepreneurship

Henry Sy special report by J Cunanan at slideshare 

Henry Sy Life and Inspiration from R271605

Reaction Paper - Food Trip by J Villamor

Reaction Paper: FOOD TRIP

Juan Villamor, MBAH Section 10B

The food establishments we visited last Saturday represented, in my mind, very good examples of entrepreneurial vision. Their respective business models, though not particularly unique, are still distinctly viable and well executed. They studied the market well enough to be able to define the gastronomic preferences of their potential target market, and packaged their products and services to precisely appeal to their clientele. The proprietors of both Banana Leaf and Sugar House also picked very good locations for their businesses, ensuring a steady stream of loyal customers that enjoy their dishes.

I particularly enjoyed the experience of eating at Banana Leaf. While I'm not exactly an Asian food junkie, the choices are varied enough to give me plenty to choose from. The members of the service staff are quite knowledgeable about the food and helped explain what is on the menu. The dishes are also well prepared and tasted good. The spices and uniquely Asian ingredients added a delicious texture to the dishes we ordered, and did not depart radically from Filipino food that made the first-time treat so much more enjoyable. The unique touches, like the banana leaf and the Asian costume of the waiters, added to the pleasurable experience. The fact that the choices are affordable rounds off the experience of eating at Banana Leaf as a very interesting culinary adventure for a food junkie like me. Overall, I would give this establishment a grade of 4.5 on a scale of 5.

I am not a sweet tooth, but I still found the desserts at Sugar House delectable and worth all the calories in the cake and the coffee. The menu offers a wide selection of sweets, and each goes well with the beverage choices. While the desserts are quite affordable, I also noticed that the eating area is quite cramped and some of the furniture did not mix and match. The members of the service staff are just a notch less than professional (e.g., not quick enough to respond to requests, requires follow up to address your needs, among others), but are very courteous and helpful nonetheless. Sugar House gets a 3.5 in my 5-point scale for this particular food trip.  <answer to innovation, differentiation, uniqueness?>

Playing to Win - Book on Strategy by Roger Lafley fmr P and G CEO and Martin

Ateneo Professor on Entrepreneurship

From Good Reads 

I just saw Roger Lafley at the Fox News interview on his boo "Playing to Win -How Strategy Really Works a  new book on strategy.  It is written by Lafley and Martin of Rotman School of Management.  Lafley is the iconic boss of P & G, the consumer goods company of Cincinatti who was responsible for quadrupling profit, increasing  market value of P & G stock by $100 billion, doubling sales in just ten years.

His secret of course - how did he do it is via a strategy -  a choice of key activities and resources to achieve an objective.

He has five questions:

*What are our aspirations (objectives/goals)
* Where will we play?
* What are our capabilities (what do we have? - resources)
*  How shall we play (choice of activities)
*  What are management systems required to support our game?

It is surprising how success formula or strategy can be that simple

Significance of the Date today, March 16, 1521 to PHL history

Ateneo Professor on Entrepreneurship

Angono, Rizal   | PHL  March 16, 1521

What is the significance of the day today, March 16, 1521 to PHL history?

492 years ago, today, Ferdinand Magellan "discovered" the islands he found for Spain and named this Philippines in honor of King Philip II of Spain.  He landed off Homonhon (part of Samar)   on ships Trinidad, Concepcion, and Victoria

Yoyoy Villame popularized this date in his song, which can be sent to your friends as a ringtone

However, thee is a debate as to where the first mass was celebrated on Easter Sunday:  Limasawa in Cebu or Mazzau island off Butuan City in Mindanao?  I have been to Butuan City and saw this marker that says Magellan actually said the first mass at this place.

How to boost the productivity of your staff - from Smartbrief on Small Business

From: SmartBrief on Small Business
 Mon, Mar 11, 2013
Subject: How to boost the productivity of your staff

The secret to managing multiple locations | Selecting the right social media tools to build your business | Facebook's Custom Audiences feature provides more marketing options Created for profjorge.entrep@gmail.com |  Web Version March 11, 2013 CONNECT WITH SMARTBRIEF          SIGN UP | FORWARD | ARCHIVE | ADVERTISE Problem. Solved. Sponsored By The secret to managing multiple locations Jared Ross, who launched Veda Takeout in 2005, has planned for expansion since the beginning. He performed market research and developed a limited menu of Indian-inspired cuisine with a healthy twist. To promote consistency, food is prepared at one location and is distributed to the other three each morning. Ross' business has grown to include 40 employees, and he is now considering a move into franchising. The Globe and Mail (Toronto) (tiered subscription model) (3/8) Share:      Avoiding the Shoebox: Managing Expenses in Small and Mid-Sized Businesses Small businesses need to efficiently control costs and optimize cash flow, but how, and what role does automation play in this process? This whitepaper helps answers some of those questions. Download the free whitepaper. Marketing Sponsored By Selecting the right social media tools to build your business Using free social media marketing initiatives can be a good way for businesses to create buzz and encourage current customers to make additional purchases, writes Lauren Fried. Companies should also consider using paid advertising on social media, which can help them to generate leads and promote brand awareness. "Facebook ads and LinkedIn ads can be used to dramatically increase market reach or engagement, especially to build an initial audience," she writes. Dynamic Business online (Australia) (3/11) Share:      Facebook's Custom Audiences feature provides more marketing options Facebook's Custom Audiences feature lets business owners target their ads to people who aren't following them on the social network. Users can create lists based on e-mail addresses or phone numbers that they might have collected in the course of doing business. Small Business Trends (3/7) Share:      NEW REPORT - Coping in the Chaos? The number, complexity and diversity of cyber threats is soaring. 91% of organizations have directly experienced at least one cyber threat in the past year. Yet despite evidence of the dangers, over 40% of businesses feel underprepared for the threats around them. Be ready for what's next and ensure your company is protected by downloading this global IT report. Management How to boost the productivity of your staff You can help to make your employees happier and more productive by eliminating obstacles to their success and providing them with the tools they need to do their jobs, writes Janine Popick, CEO and founder of VerticalResponse. "Make sure everyone at your company is on the lookout for affordable and practical ways you can get things done more efficiently," she advises. Inc. online (free registration)/Basement to Boardroom blog (3/8) Share:      Other News An update on the state of the job market Entrepreneur online (3/8) Share:      Money Wells Fargo sets $55 billion goal for loans to women-owned businesses Wells Fargo has increased its lending goal to women-owned small businesses to $55 billion by 2020. PNC Bank has a similar initiative but no specific lending goal. Some banks do not have a lending program aimed specifically at women. Fox Business Small Business Center (3/8) Share:      Tips & Tools What large businesses can teach you about managing seasonal swings You should pay attention to the example set by large companies such as Amazon and Apple as you attempt to manage seasonal swings in demand at your business, writes Ryan Galloway. These companies understand the importance of using a flexible workforce, improving shipping processes and embracing technology. Forbes (3/8) Share:      Other News Finding the best open-source video tools for your company Small Business Computing (3/8) Share:      Just for Fun The healthy debate over daylight saving time Setting the clock ahead an hour for daylight saving time throws off circadian rhythms and contributes to traffic accidents, workplace injuries and heart attacks, say chronobiologists. Even cows feel the effects of the change when they're milked an hour earlier than usual, Bora Zivkovic writes, joining in the universal jet lag we experience when the clock changes. ScientificAmerican.com/A Blog Around The Clock blog (3/7) Share:      Editor's Note SmartBrief's inside look at #SXSW SmartBrief is attending the South by Southwest Interactive Festival, with tweeting @SmartBrief and blogging at SmartBlogs. Here's some of our coverage so far. Live at #SXSW: 6 innovation lessons from the world of standup comedy Live at #SXSW: How the WWE became the social champion of the sports world SXSWedu Snapshot: What's changing in education? Share:      SmartQuote Social media marketing ... continues to change and shape the business-customer relationship." -- Lauren Fried, managing director of Pulse Marketing, writing at Dynamic Business online. Share:      Subscriber Tools Please contact one of our specialists for advertising opportunities, editorial inquiries, job placements, or any other questions. Lead Editor:  Ashley Fletcher Frampton Advertising:  Matt Kavney   P: 202.607.5368 SIGN UP SHARE ADVERTISE SEND FEEDBACK Update Profile | Change e-mail address | Unsubscribe | Archive | Web version (print friendly) Download the SmartBrief App  iTunes / Android   Mailing Address: SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004 © 1999-2013 SmartBrief, Inc.® Privacy policy |  Legal Information

 

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