Dr Edu Tuazon - serial entrepreneur; artist, food expert, and doctor

Dr Edu Tuazon's factors paper

I can see in Dr. Tuazon a Rennaisance man - a man of many talents:   Doctor, artist, gardener, culinary expert, connoiseur, businessman, entrepreneur, organic farmer.

Just look at his interests:

1.  Organic farming;

2.  Food (cassava cakes - Ralos cassava) 30 branches and still expanding

Chinese business acumen made the billion peso mega real estate project become a reality

Rizal Philippines  |  March 16, 2014

Michael Tan, who is on audit was our host for the second business (Hausland)  a large real estate development in Angeles  City (the biggest in Angeles?).  It is a 40 hectare JV project with the Lazatin.  It total inventory of 1,400 plots would amount to about P4 billion.  Michael Tan, the VP for Marketing,  the son of a former colleague at Unilab, said that the cost to develop land was at P1t per square meter.  The house construction, finished is at P17t/sm;  and selling price would be at P30 to P35t.  House construction use interlocking panels welded and does not use post thus is faster and cheaper. Many of their materials, except the roofing, are all from China (bought direct thus resulting in tremendous cost reduction) They reserve the adjoining lots for expansion of the house later on, thus doubling the sales (bundling?)  From the costs, we can compute the GP per sm.  (It is billions too)

Focus and Integrity at GRB

Rizal Philippines    | March 16, 2014

                                        Imposing GRB facade and building

As we toured the businesses of student, we requested our host/owners officers to share us the history/kuwento about their business.  The first one to share was Ms Elizabeth Timbol, the current CEO of Guagua Rural Bank.  We visited her at her office at Korean Town, at Fil Am Friendship Highway.

She said the bank was founded by her father some 60 years ago.  They are related to the Nepomucenos who are famous politicians in Angeles and who are in power sector.  Her father are based in Guagua where land is much cheaper compared to lands in Angeles City.

I inquired if their bank is engaged in Allied Undertaking as listed in PD 71 and 72.  Only in financial undertaking like pawnshops.   Her father wants to be very focused in banking.  He wanted focus (although they have hotel and other businesses)

Their bank is in the billion sphere;  thus she can afford to say she wants to be a billionaire