Adapting to the winds of change under the pandemic threat

Every generation needs a revolution - an entrepreneurial revolution

I know of an officer of a diagnostic center who had so good during the pandemic.   From an x figure prior to the pandemic their revenues rose 8 fold:   they offered antigen tests and RT PCR when they were in their high nearly 5 digits price.  They are tied up with a big local airline

Their stockholders increased in number and called for additional subscription

Now 1.  the covid cases has fallen 120/th of their peak 2.   the RT PCR is no longer required for travel

         to tourist destinations  and 3.  such location offer free rapid tests

The said officer indicated that their revenues are declining.  What are they supposed to do

Entrepreneurship is alive and well in the provinces during the pandemic

Every generation needs a revolution - an entrepreneurial revolution

This post got in touch with a local entrepreneur who operates in MM but had to return to the province during the pandemic.   While there there had offer of raw land sales  which they took via pdc.   Now they are developers.

During the pre development stage they were able to sell out the project (subdivsion plots)  They were mostly flipping deals:   hinuhulugan pa lang raw land sold out na ang iba ng collecting millions.  They have modest properties,  4 vehicles one L300, one dump truck, 2 pick ups and 2 MTB.

Now we are discussing jv for a memorial park.   

They must be wealthy now   Now I notice some weaknesses:   legalities, financial control and system, and continuity.  

Country club mentality must be removed from minds of corporate leaders

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines

5.2,2021

Country club mentality ie being complacent must  be removed from the heads of corporate or busiiness honchos.   It must be forever be innovating.  Innovate or die.

This happened to Microsoft which became soft and nearly became micro.  Apple and Google left it in the dust.   Past successes would not carry you to tomorrow and guarantee you a bright future.

Only satisfied customers and or beating competition can guarantee you that.

Removing the country club mentality. Innovate or die