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Thursday, April 7, 2022

Substistence farming vs entrepreneurship

Looking forward to the future of business

In the course of teaching entrepreneurship at GSB, one of the projects of the students is to bring in entrepreneurs the group knows.  Brining in the entrepreneurs get the the group an A and I am sure the students this post and the students learn a plenty.

One of them was Dr. Tito Contado, from Los Banos owner of the a nutrition supplement. (President Pilnoni)     He is now deceased.  Pilnoni

One of the things he mentioned was that he was a FAO consultant for several decades and got numerous assignments around world.  His concern was agriculture.

He however regretted the  assignment because he promoted subsistence farming which  hardly raised the standard living of the farmer.


  The farmer produced only one product mostly for his and family needs, and he had to go to the marketplace to buy his other need.  However if they taught entrepreneurship, the farmers group and the farmers would be encouraged to 1.   market more products   2.  Process some of their products,   3.  Produce handicrafts, 4.  Rationalize marketing, procurement, and common facilities.


   



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