Every generation needs a revolution - entrepreneurial revolution
Ateneo Professional School
Makati City
June 18, 2016
In the strama defense, there is a portion there that uses Porter;s five forces of competition. If the competition is high for all the 4 sectors, that means to say, there is an opportunity in the industry where the enterprise is to make money. If the competition is high, the more money is to be made. If there is more money and there is growth, there is a possibility for the enterprise to grow its sales, cash flow, and profit.
Thus the student for strama must have a keen eye on the opportunity and must balance the risk aversion vs the benefit the money to be made.
Thus:
1. In the yarn factory that shifts to cotton toll manufacturing. It makes a cotton bud each for 4 cents, which the the brand owner sells for 20 cents. The l6 cents is the opportunity window. The brand owner makes a lot more money that the producer. It is worth looking into the business of making and selling cotton buds.
Saturday, June 18, 2016
Opportunities in Smartphone Remanufacturing
We need entrepreneurial revolution
Ateneo Professional School
Makati City
June 18, 2016
Last June 14 2016, a senior manager of a smartphone remanufacturing plant in Laguna presented his company (he was one of the prime movers of the company) for his strama defense. It was a passionate moment for him, because he was one of the fathers of the company. Their company is just one of the cellphone remanufacturing plant in the world. What is remarkable, is that this an entirely new thing and the founders and most of them finished their MBA all ready were orchestrated by a man to put together such a facility. They encouraged the CP repairers in Cubao, Greenhills, Quiapo, to get together move to Laguna and do this is a group in big, organized and corporate way. They make big money by making as much as $20 to $30 per cell phone. and they do hundreds of thousands of that yearly.
This is very entrepreneurial. In the process they created 2,400 jobs (from mere 500 5 years ago
For the plant, their big opportunity is how to turn the damaged CP in 7 days or less, save costs on the parts and labor, being more efficient and lean.
But the big opportunity is on the mother company which is the phone reinsurer. They have 120 milli9on subscribers paying $9.99 monthly or for a whopping total revenue of $14.4 billion. These are included in their phone bill. The claims amount to only 0.5% of the total. And these means gravy of about 99.5% for the insurer. Wow
The mother company needs the remanufacturing plant to save costs, and so that there more value added for the margin, price differential
Ateneo Professional School
Makati City
June 18, 2016
Last June 14 2016, a senior manager of a smartphone remanufacturing plant in Laguna presented his company (he was one of the prime movers of the company) for his strama defense. It was a passionate moment for him, because he was one of the fathers of the company. Their company is just one of the cellphone remanufacturing plant in the world. What is remarkable, is that this an entirely new thing and the founders and most of them finished their MBA all ready were orchestrated by a man to put together such a facility. They encouraged the CP repairers in Cubao, Greenhills, Quiapo, to get together move to Laguna and do this is a group in big, organized and corporate way. They make big money by making as much as $20 to $30 per cell phone. and they do hundreds of thousands of that yearly.
This is very entrepreneurial. In the process they created 2,400 jobs (from mere 500 5 years ago
For the plant, their big opportunity is how to turn the damaged CP in 7 days or less, save costs on the parts and labor, being more efficient and lean.
But the big opportunity is on the mother company which is the phone reinsurer. They have 120 milli9on subscribers paying $9.99 monthly or for a whopping total revenue of $14.4 billion. These are included in their phone bill. The claims amount to only 0.5% of the total. And these means gravy of about 99.5% for the insurer. Wow
The mother company needs the remanufacturing plant to save costs, and so that there more value added for the margin, price differential
Wednesday, June 8, 2016
Forget that college degree, start a business now
From Entrepreneur
June 8, 2016
Forget that degree, start your business now. The article says that many students are indebted to Sallie Mae after getting a degree that does not add value to the present job of the graduate. What are the signs that the system is broken: on line courses, boot camps, seminars, etc.
If you start now, you get a number of experiences that compounds - networks, connection and experience that builds up to make you a better person and businessman.
Start now, Start being in business. Start while single without a family and other obligations
June 8, 2016
Forget that degree, start your business now. The article says that many students are indebted to Sallie Mae after getting a degree that does not add value to the present job of the graduate. What are the signs that the system is broken: on line courses, boot camps, seminars, etc.
If you start now, you get a number of experiences that compounds - networks, connection and experience that builds up to make you a better person and businessman.
Start now, Start being in business. Start while single without a family and other obligations
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