Venturing into a business that consolidates all memorialization products

Every generation needs a revolution - an entrepreneurial revolution

This educator entrepreneur ramped up, levelled up into new business of memorialization, ie memorial plan.  They are into a deal with a life plan company and there is a one year transition period to transfer the assets.

The memorial plan company consolidates the very fragmented but very big memorial business:  about P25 billion.   The memorial park occupies but mere 20% of the total market.  In 2014, the memorial park only sold P500 million worth o plots

Yesterday, we and the chairman of the seller receive the certificate to operate from OIC:


Life is a DESTINY, PLAN

Rizal Philippines
September 27, 2016

Today the Office of Insurance Commission under Commissioner Emmanuel Dooc issued the License to Operate to Destiny Financial Plans and handed the same to Chairman Arsenio Bartolome III.  It took two years for Mr. Bartolome and Mr. Saguinsin to have the license to operate renewed once more.

Destiny Financial Plan Inc. is one of the 14 remaining pre need companies  in the country today (down from 22).  There will be only two competitors in the field:   only Destiny Financial Plan and SPLP.  The latter dominates the market.

How to plan and execute a crime - the first group activity in Entrep Class

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
September 25, 2016

This post no longer teaches the subject.  But I recall with fun and laughter the activities the class had, whenever there was class presentation when the activity of presenting how to plan and commit a crime was presented.

The plans were audacious and incredible and they can only hatched in a devils workshop (meaning to say we can be creative when in a hypothetical situation without rules)    However the activity was premised more on moral and ethical grounds.   The entrepreneur in his search for wealth, may attempt something that has crossed the borderline as when De Lorean attempted to save his business by going into illegal drugs

As when a powerful govt official finds nothing wrong in asking the inmates (as alleged) to produce (as what they say in the military) millions to fund the 2016 election campaign.  Well they obeyed and produced.  Only to be double crossed.  

I know that some top PNP before took care of criminals, became their patrons for illegal drugs, hold up and kidnapping, at 5 to 95% sharing (5% for the criminals under care, 95% for the patron) and then when the press is hot, have them the culprits killed and the patron come out the hero.  The lady turned out to be the hero after 19 were removed allegedly out of competition.

But that is inhuman, to get campaign funds from the prisoners or to force prisoners to cough up campaign funds dont you think, and then use the august halls of the govt to defend them?

You first got it in my entrep class, remember that?!

To be in Forbes list of richest Filipinos - dream for the next 10 years

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
September 25, 2016


Forbes list of top 50 richest Filipinos

I just saw the list of top richest Filipinos listed in Forbes.  I realized that I forgot this as a goal while I thought.  My routine settled on grades arguing with school administrators, catching a plane, making syllabus, correcting papers.  Not exactly in line with selecting high value activities.

Being retired at 65 from teaching gave me a fresh look as to who I really want to be.  I want to be included in the list of richest Filipinos.  Say top 50.  Maybe a $1 billion.   (next 20 years)  For 10 years, I will settle for $100 million.

What will I do:

1. I will expand the Memorial Plan business make it multi billion in the next 5 years  (strive to sell 100,000 plans in next 5 years  -  that is about P3,000,000 billion worth -  good enough for $60 million

         1. put up and acquire chapels, crematorium

         2.  put and acquire more memorial parks

              Good for $30 million

2.  Develop subdivision, build and sell

3.  Expand the lending investor, acquire bank or join the rb and expand this into something else to help in #1 and #2

4.  Acquire schools

5.   Dab into the energy business


Maski wala sa worlds richest: